Future Path 529 Plan - Future Path 529 JPMorgan Betabuilders Usd High Yield Fund (FPDMX)
| 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 | 12.31 |
| YTD Return | -0.40% |
| 1-Year Return | 6.56% |
| 5-Year Return | n/a |
| 52-Week Low | 11.41 |
| 52-Week High | 12.46 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About FPDMX
Future Path 529 JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Portfolio is a single-asset portfolio within the Future Path 529 college savings plan. It primarily invests in the JPMorgan BetaBuilders USD High Yield Corporate Bond ETF, which provides targeted exposure to USD-denominated high-yield corporate bonds. This ETF passively tracks the ICE BofA U.S. High Yield Total Return Index, selecting and weighting securities by market value, including those with at least 18 months to maturity, such as zero-coupon bonds, 144A securities, pay-in-kind securities, callable perpetuals, fixed-to-floating bonds, and distressed securities. Designed for investors seeking income from below-investment-grade corporate debt, the portfolio supports tax-advantaged saving for qualified education expenses like K-12 tuition, college, and graduate school costs. As part of the plan's 18 individual portfolios, it offers a focused fixed-income option alongside enrollment year and asset allocation choices, catering to those prioritizing higher yield potential in their 529 investment strategy. Headquartered in the United States, this portfolio facilitates tax-deferred growth and tax-free qualified withdrawals.
Performance
FPDMX had a total return of 6.56% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.98%.