Future Path 529 Plan - Future Path 529 JPMorgan Betabuilders Usd High Yield Fund (FPDLX)
| Fund Assets | n/a |
| Expense Ratio | n/a |
| Min. Investment | n/a |
| Turnover | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 12.56 |
| YTD Return | -0.32% |
| 1-Year Return | 7.24% |
| 5-Year Return | n/a |
| 52-Week Low | 11.57 |
| 52-Week High | 12.71 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About FPDLX
Future Path 529 JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Portfolio is a portfolio within the Future Path 529 Plan, designed to help savers build education funding through tax-advantaged investments. It primarily invests in the JPMorgan BetaBuilders USD High Yield Corporate Bond ETF, focusing on high yield corporate bonds denominated in U.S. dollars to generate income and potential capital appreciation suitable for higher risk tolerance in college savings strategies. This static portfolio option emphasizes fixed income exposure from below-investment-grade corporate debt securities, providing diversification within the bond market segment of 529 plans. Managed by J.P. Morgan Investment Management as part of the Nevada-sponsored Future Path 529 Plan, overseen by the Board of Trustees of the College Savings Plans of Nevada and administered by Ascensus College Savings, it integrates exchange-traded funds to offer targeted access to the high yield bond sector. Launched in 2023 and headquartered through J.P. Morgan's U.S. operations, the portfolio supports education savings goals by aligning with investors seeking yield-oriented fixed income allocations in a tax-efficient structure.
Performance
FPDLX had a total return of 7.24% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.76%.