Core Insights - The JPMorgan Active Bond ETF (JBND) has attracted $5.4 billion since its launch in October 2023, primarily due to its ability to outperform in volatile markets [2][8] - The fund faces challenges as corporate bond spreads have compressed to their tightest levels in two decades, which may impact future performance [3][8] Fund Performance and Strategy - JBND has a portfolio turnover rate of 89%, indicating aggressive repositioning by managers in response to compressed spreads [4][8] - The fund is expected to generate around 5% returns from investment-grade bond coupons this year, emphasizing the importance of active sector selection [4] Yield and Income Generation - JBND offers a yield of 4.4% generated from bond coupons, distinguishing itself from other income ETFs that rely on options strategies [6][8] - The fund allocates approximately 30% to securitized products, such as agency mortgage-backed securities and asset-backed securities, to enhance yield while maintaining investment-grade quality [7][8] Market Risks - Rising Treasury yields pose a significant risk for JBND holders, with projections indicating that 10-year yields could reach 4.35% [5] - The fund's six-year duration means it is sensitive to interest rate movements, which will be crucial for determining the effectiveness of its active management strategy [5]

The JPMorgan Active Bond ETF ( NYSEARCA:JBND ) charges a premium for active management, but has attracted $5.4 billion since its October 2023 launch by delivering outperformance when markets get volatile. ...

BREAKING: Dow Leads Stock Market Retreat From Highs Investors.com will undergo scheduled maintenance from 10:00 PM ET to 2:00 AM ET and some features may be unavailable. We apologize for any inconvenience. Today's Spotlight MarketDiem Flash Sale Want daily trade ideas for just $20/year? IBD's MarketDiem newsletter has got you covered. Free Swing Trading Webinar Coming 1/22: Learn how to swing trade ETFs from IBD's Mike Webster and Justin Nielsen. Free Investing Podcast Listen to IBD's podcast for new invest ...

The active ETF market split along strategy lines in 2025, with discretionary equity funds gaining 3.3% market share while systematic equity funds lost 1.1%, according to Morningstar data shared by Ben Johnson, head of client solutions and asset management at the firm. The divergence shows not all active strategies performed equally, with the T. Rowe Price Capital Appreciation Equity ETF (TCAF) capturing $2.59 billion in one-year flows and delivering a 14.3% return, according to ETF Database, highlighting di ...

In its upcoming report, BlackRock (BLK) is predicted by Wall Street analysts to post quarterly earnings of $12.41 per share, reflecting an increase of 4% compared to the same period last year. Revenues are forecasted to be $6.75 billion, representing a year-over-year increase of 18.8%.The current level reflects an upward revision of 1.6% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial proje ...

Group 1 - The Federal Reserve is expected to have a stronger bias toward monetary easing in 2026, which may lead to a divergence from other global central banks [3][4] - The Bank of Canada may follow a similar easing direction as the Fed, albeit reluctantly and incompletely [4] - The Bank of Japan is likely to firm its policy rate amid a complicated transition process [4] Group 2 - BNY Investments has released a 2026 outlook, indicating potential shifts in central bank policies [2] - The BNY Enhanced Dividend and Income ETF (BEDY) aims to blend capital appreciation and income through its investment strategy [5] - As of December 31, 2025, BEDY's net asset value (NAV) has increased by 18.24% year-to-date, demonstrating the effectiveness of its equity exposure approach [6]

Michael Gray has devoted his career to following the capital markets and managing fixed income assets. He founded Gray Capital Management LLC and before that was Head of Taxable Fixed Income at Fidelity Investments. Michael has an MBA in Finance from Wharton and a BA in Economics from Union College.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, ...

Core Viewpoint - Neuberger Berman focuses on delivering compelling long-term investment results for clients, driven by a culture of fundamental research and innovation [1] Company Overview - Founded in 1939, Neuberger Berman operates in 39 cities across 26 countries, managing a diverse range of investment strategies including equity, fixed income, private equity, and hedge funds [1] - The firm has a total of 2,850 employees, including 763 investment professionals, emphasizing a commitment to client outcomes and investment excellence [1] Employee and Culture - Neuberger Berman has achieved high retention rates among senior investment staff and has been recognized in the Pensions & Investments "Best Places to Work in Money Management" survey as either first or second since 2014 [1] - As a private, independent, employee-owned investment manager, the firm aligns its structure with the long-term interests of clients, with no external parent or public shareholders [1] Financials - As of June 30, 2025, Neuberger Berman manages $538 billion in assets [1]

Key TakeawaysFormer President Donald Trump is reportedly scheduled to interview BlackRock's (BLK) Rick Rieder for the Federal Reserve Chair position this week, according to Fox Business, indicating a potential shift in future monetary policy leadership.Mercedes-Benz Group (MBG) announced a significant 11% year-over-year decline in Q4 Group Sales, totaling 558,400 vehicles, with substantial drops in key markets like China (down 22%) and the U.S. (down 19%).NATO Secretary General Mark Rutte reaffirmed the all ...

Group 1 - Early retirement is increasingly popular, with nearly one in five U.S. adults wanting to retire before age 55, and the majority believing they need a $1.28 million nest egg to do so [1][2] - Retiring at 55 instead of 62 or 65 significantly increases the financial requirements for retirement due to the lack of access to Social Security and Medicare [2][4] - To cover basic household expenses of $10,000 a month, a retirement portfolio of $3.4 million is necessary, following the 4% withdrawal rule, which allows for a sustainable income over 30 years [6] Group 2 - The average American is projected to pay $625 a month for health insurance in 2026, amounting to $15,000 annually for a couple, which adds to the financial burden of early retirement [5] - Without Medicare or Social Security benefits, individuals retiring in their mid-50s must purchase health insurance on the open market, increasing their overall retirement costs [4]