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This ETF Became A ‘Success Story’ By Offering A Little Yield In A Falling-Rate World: (JPST)

TedTed
in The Bullpen
FYI: As interest rates around the world remain lower for longer than most analysts expected, the hunt for yield has become, well, unyielding.

The success of one ETF may shed some light on that. The JPMorgan Ultra-Short Income ETF JPST, +0.01% has become the second-biggest actively managed exchange-traded fund available, with $7.6 billion of assets under management, according to FactSet data, and it’s only about two years old.

In a falling-interest-rate environment, “a strategy that can offer a little yield without taking on risk is appealing,” said Todd Rosenbluth, head of ETF and mutual fund research for CFRA
Regards,
Ted
https://www.marketwatch.com/story/this-etf-became-a-success-story-by-offering-a-little-yield-in-a-falling-rate-world-2019-07-29/print

M* Snapshot JPST:
https://www.morningstar.com/etfs/bats/jpst/quote
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