ETF Evaluator: JPMorgan Preferred and Income Scs ETF (JPRF) Follow This ETF

JPMorgan Preferred and Income Scs ETF Overview

JPMorgan Preferred and Income Scs ETF (JPRF) is an actively managed Taxable Bond Preferred Stock exchange-traded fund (ETF). JPMorgan launched the ETF in 2022.

The investment seeks to provide a high level of current income and total return. Under normal circumstances, the fund invests at least 80% of its assets in either preferred securities and/or debt securities that produce income. It will invest at least 25% of its total assets in the financials sector which includes, among other industries, banking, diversified financials, real estate (including real estate investment trusts (REITs)) and insurance industries.

About JPMorgan Preferred and Income Scs ETF (JPRF)

There are 2 members of the management team with an average tenure of 4.34 years: Andreas Michalitsianos (2022) and Vikas Pathani (2022). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 2 primary benchmarks: Bloomberg US Agg Bond TR USD index with a weighting of 100% and ICE BofA US All Captl TR USD index with a weighting of 100%. JPMorgan Preferred and Income Scs ETF has 194 securities in its portfolio. The top 10 holdings constitute 22.4% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

JPMorgan Preferred and Income Scs ETF is part of the Hybrid Securities global asset class and is within the Taxable Bond ETF group. JPMorgan Preferred and Income Scs ETF has 38.9% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 0.0% allocated to foreign stock, and 42.5% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 51.6% (12.6% domestic bond, 38.9% foreign bond and 2.4% convertible bond). JPMorgan Preferred and Income Scs ETF has 3.5% of the portfolio in cash.

Assets Under Management

The fund has $2 billion in total assets, which is above the $1 billion average for the Preferred Stock category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

JPRF Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The JPMorgan Preferred and Income Scs ETF expense ratio is average compared to funds in the Preferred Stock category. JPMorgan Preferred and Income Scs ETF has an expense ratio of 0.55%, which is 5% lower than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. JPMorgan Preferred and Income Scs ETF has a portfolio turnover rate of 32%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 38% for the Preferred Stock category.

Recently, in the month of July 2026, JPMorgan Preferred and Income Scs ETF returned -0.5%, which earned it a grade of F, as the Preferred Stock category had an average return of -0.0%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

JPMorgan Preferred and Income Scs ETF has a trailing yield of 5.28%, which is below the 6.18% category average. The fund normally distributes its income monthly and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

JPMorgan Preferred and Income Scs ETF Grades

Year to date, the ETF has returned 1.3%, 0.1 percentage points better than the category, which translates into a grade of C. The fund has returned 5.1% over the past year (grade of C) and 8.8% over the past three years (grade of A).

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