JPMorgan Realty Income ETF
JPRE
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 383 Madison Avenue New York NY United States of America 10179
- IPO Date
- May 23, 2022
- CIK
- 0001485894
- Website
- am.jpmorgan.com
- Similar Companies
- Business
- JPMorgan Realty Income ETF (JPRE) is an actively managed exchange-traded fund that seeks high total investment return through a combination of capital appreciation and current income by investing at least 80% of its net assets in equity securities of real estate investment trusts (REITs), including both equity REITs and mortgage REITs across the market capitalization spectrum; it continuously screens the REIT universe for companies demonstrating superior financial strength, operating revenues, and attractive growth potential, employing in-depth analysis to assess whether each REIT's current price reflects its long-term value. The fund's top holdings as of September 30, 2025, include Welltower Inc. (10.2%), American Tower Corp. REIT (9.1%), Equinix Inc. REIT (8.9%), Ventas Inc. REIT (5.3%), and Prologis Inc. REIT (5.2%), with sector allocations emphasizing diversified REITs (31.9%), health care (18.2%), apartments (12.5%), and industrials (9.1%). JPRE benchmarks its performance against the FTSE Nareit All Equity REITs Index and MSCI US REIT Index, maintaining a net expense ratio of 0.50% (with waivers through June 30, 2025), a 30-day SEC yield of 3.01%, and assets under management of approximately $463 million as of September 30, 2025. Launched as an ETF on May 20, 2022, following the conversion of the predecessor JPMorgan Realty Income Fund (incepted January 1, 1998), JPRE represents a strategic shift by J.P. Morgan Asset Management to expand its active ETF offerings, completing a series of four mutual fund-to-ETF conversions in 2022 that enhanced tax efficiency and accessibility for investors seeking REIT exposure. The fund, part of J.P. Morgan Exchange-Traded Fund Trust and managed by J.P. Morgan Investment Management Inc. from its U.S. headquarters, operates non-diversified with up to 15% in illiquid holdings and targets institutional and retail investors focused on U.S. real estate sectors amid varying interest rate environments.