JPMorgan BetaBuilders USD High Yield Corporate Bond ETFBBHY
BBHY
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
67% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 27
15% more capital invested
Capital invested by funds: $1.03B [Q2] → $1.19B (+$154M) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
4.35% less ownership
Funds ownership: 93.23% [Q2] → 88.87% (-4.35%) [Q3]
5% less funds holding
Funds holding: 103 [Q2] → 98 (-5) [Q3]
31% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 16
Research analyst outlook
We haven’t received any recent analyst ratings for BBHY.
Financial journalist opinion
Positive
Seeking Alpha
4 weeks ago
BBHY: JPMorgan's Take On The High Yield Market
JPMorgan Beta-Builders USD High Yield Corporate Bond ETF (BBHY) aims to replicate the ICE BofA US High Yield Index using a passive investment approach. BBHY holds over 1,400 individual securities, minimizing individual issuer risk with each issuer composing less than 0.5% of the fund. The fund's composition mirrors the high yield market: 50.5% BB names, 36% B names, and 13.5% CCC names.
Negative
Seeking Alpha
4 months ago
BBHY And The Junk Bond Dilemma
The market seems fearful of a recession, leading to sell-offs in junk bond ETFs like BBHY, but a quick recovery was seen this past week. Investors face a decision to invest in high-yield corporates or rotate into safer treasuries amidst economic uncertainty. Corporations holding large cash stockpiles may impact investment decisions, while default risks on high-yield corporates remain low for now.
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