BBSA — JPMorgan BetaBuilders 1-5 Year U.S. Aggregate Bond ETF

BBSA Fund Overview

BBSA — JPMorgan BetaBuilders 1-5 Year U.S. Aggregate Bond ETF is a US ETF managed by J.P. Morgan Exchange-Traded Fund Trust, categorised as Short Total / Aggregate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US ETF
• Manager: J.P. Morgan Exchange-Traded Fund Trust
• Category: Short Total / Aggregate Bond
• Assets under management: $14.52M
• 1-year return: 6.7%
• Ticker: BBSA
• SEC CIK: 0001485894
• SEC series ID: S000064871
• Share class ID: C000209991

BBSA Investment Objective and Strategy

JPMorgan BetaBuilders 1-5 Year U.S. Aggregate Bond ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by J.P. Morgan Exchange-Traded Fund Trust.

Investment objective

The Fund seeks investment results that closely correspond, before fees and expenses, to the performance of the Bloomberg Short-Term U.S. Aggregate Bond Index.

Principal investment strategy

The Fund seeks investment results that closely correspond, before fees and expenses, to the performance of the Bloomberg Short-Term U.S. Aggregate Bond Index (the Underlying Index), which measures the performance of U.S. dollar denominated investment grade taxable bonds with remaining effective maturities between one and five years. The Fund will invest at least 80% of its Assets in securities included in the Underlying Index. Assets means net assets, plus the amount of borrowing for investment purposes. Bloomberg Index Services Limited is the index provider for the Underlying Index (the Index Provider). The Underlying Index is a subset of the Bloomberg U.S. Aggregate Index and primarily includes U.S. Treasury bonds, government-related bonds (i.e., U.S. and non-U.S. agencies, sovereign, quasi-sovereign, supranational and local authority debt), investment-grade U.S.

corporate bonds, mortgage-backed pass-through securities (MBS), commercial mortgage-backed securities, and asset-backed securities. The Underlying Indexs exposure to mortgages is limited to mortgages with maturities of up to 15 years. The dollar-weighted average maturity of the Underlying Index as of May 31, 2024 was 2.93 years. Beta is a measure of the volatility of a security or a portfolio relative to a market benchmark. The term BetaBuilders in the Funds name conveys the intended outcome of providing investors with passive exposure and return that generally correspond to a market cap weighted benchmark. The Fund, along with other JPMorgan BetaBuilders Funds, can be used to help an investor build a portfolio of passive exposure to various markets. The Fund, using a passive or indexing investment approach, attempts to closely correspond to the performance of the Underlying Index.

Unlike many actively-managed funds, the Fund does not seek to outperform the Underlying Index and does not seek temporary defensive positions when markets decline or appear overvalued. The Fund intends to utilize a representative sampling strategy whereby securities are chosen in order to attempt to approximate the investment characteristics of the constituent securities. Targeted investment characteristics of the collective portfolio include asset class exposure, industry weightings, liquidity, and other fixed income specific attributes (such as yield, duration, credit quality, spread and maturity). Even when the Fund utilizes representative sampling, it must still invest at least 80% of its Assets in securities included in the Underlying Index. The Funds portfolio will be rebalanced monthly in accordance with the monthly rebalancing of the Underlying Index.

The Fund may invest in mortgage pass-through securities eligible to be sold in the to-be-announced or TBA market (Mortgage TBAs). Mortgage TBAs provide for the forward or delayed delivery of the underlying instrument with settlement up to 180 days. The term TBA comes from the fact that the actual mortgage-backed security that will be delivered to fulfill a TBA trade is not designated at the time the trade is made, but rather is announced 48 hours before the settlement date. The Fund may enter into such contracts on a regular basis. The Fund, pending settlement of such contracts, will invest its assets in high-quality, liquid short-term instruments, including shares of money market funds advised by JPMIM or its affiliates. The Fund will not invest in asset classes that are not present in the Underlying Index.

The Fund will not invest in debt securities that are rated below investment grade (i.e., high yield and junk bonds). The Fund may invest in privately placed, restricted and unregistered securities. To the extent that the securities in the Underlying Index are concentrated in one or more industries or groups of industries, the Fund may concentrate in such industries or groups of industries. The Fund may also invest in shares of affiliated money market funds.

BBSA Holdings

Top 10 holdings of JPMorgan BetaBuilders 1-5 Year U.S. Aggregate Bond ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.

View all BBSA holdings

BBSA Portfolio Allocation

Asset-class allocation of JPMorgan BetaBuilders 1-5 Year U.S. Aggregate Bond ETF by percentage of net assets, from the latest SEC N-PORT filing.

BBSA Performance

Total returns for BBSA (as of 2026-10-01), from SEC filings.

BBSA Risk Information

Risk metrics for BBSA, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 3.1%

BBSA Costs and Fees

BBSA costs about $5 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.05%
• Gross expense ratio: 0.05%
• Portfolio turnover: 55%
• Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)

BBSA Cashflows

Over the 12 months to 2024-08, JPMorgan BetaBuilders 1-5 Year U.S. Aggregate Bond ETF had net outflows of $1.30M, from monthly SEC N-PORT filings.

BBSA Debt Constituents

Largest debt holdings of JPMorgan BetaBuilders 1-5 Year U.S. Aggregate Bond ETF by percentage of net assets, from the latest SEC N-PORT filing.

BBSA Prospectus and SEC Filings

Official JPMorgan BetaBuilders 1-5 Year U.S. Aggregate Bond ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2023-06-22
• Prospectus (485BPOS) — filed 2022-06-23
• Prospectus supplement (497) — filed 2024-07-01
• Portfolio holdings (N-PORT) — filed 2024-10-28
• Portfolio holdings (N-PORT) — filed 2024-07-26
• Portfolio holdings (N-PORT) — filed 2024-04-26
• Annual census (N-CEN) — filed 2024-05-14
• Annual census (N-CEN) — filed 2023-05-12

Related Funds

Other Short Total / Aggregate Bond funds tracked on ABC INVEST:

• Dfa Five-Year Global Fixed Income Portfolio (DFGBX)
• Vanguard Institutional Short-Term Bond Fund (VISTX)
• Eaton Vance Emerging Markets Debt Opportunities Fund (EELDX)
• iShares Short Maturity Bond ETF (NEAR)
• Holbrook Income Fund (HOBIX)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.