This Fund Bet $15 Million on Active Bonds While Making a Full Fallen Angel Exit

Core Viewpoint - Peak Financial Advisors has initiated a new position in the JPMorgan Active Bond ETF (JBND), acquiring 278,276 shares valued at approximately $15.05 million, representing 6.6% of its 13F reportable assets under management as of December 31 [2][3][7]. ETF Overview - The JPMorgan Active Bond ETF (JBND) has an Assets Under Management (AUM) of $5.44 billion, with a current price of $54.07, yielding 4.4% and achieving a 1-year total return of 8% [5][10]. Investment Strategy - JBND aims to outperform the Bloomberg U.S. Aggregate Bond Index over a three to five-year cycle through an actively managed, diversified bond portfolio, maintaining at least 80% of its assets in bonds [9][10]. Recent Transactions - Peak Financial Advisors' acquisition of JBND shares reflects a strategic shift from fallen angel exposure to a more flexible core bond strategy, focusing on balance rather than yield chasing [11][12]. Performance Context - Since its inception in late 2023, JBND has outperformed the Bloomberg U.S. Aggregate Index in both absolute and risk-adjusted returns, benefiting from active positioning across various bond sectors [12].