Future Path 529 Plan - Future Path 529 JPMorgan Betabuilders Usd High Yield Fund (FPDNX)
| 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 | 12.69 |
| YTD Return | 0.71% |
| 1-Year Return | 7.99% |
| 5-Year Return | n/a |
| 52-Week Low | 11.55 |
| 52-Week High | 12.71 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About FPDNX
Future Path 529 JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Portfolio - Z is a 529 college savings plan portfolio that allocates assets primarily to an underlying exchange-traded fund focused on U.S. high yield corporate bonds. The portfolio is designed to provide exposure to below investment-grade, U.S. dollar-denominated corporate debt through a diversified, passively managed strategy that tracks a broad high yield bond index. It is structured within the Future Path 529 Plan, where units are municipal securities intended to help investors save for qualified education expenses over the long term. The portfolio leverages the scale and indexing approach of the JPMorgan BetaBuilders high yield bond strategy, emphasizing broad sector representation across industries such as communications, consumer, healthcare, and industrials via corporate bond holdings. Its role in the 529 lineup is to offer a fixed income option with higher credit risk and income potential than investment-grade bond portfolios, complementing equity-oriented and capital preservation choices within the overall education savings framework.
Performance
FPDNX had a total return of 7.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.19%.