JPMorgan Inflation Managed Bond ETF Stock Price Decreases 1.9% Since Start of Year

The JPMorgan Inflation Managed Bond ETF (NYSEARCA:JCPI) has seen its stock price decrease by 1.9% since the start of the year, currently trading at $47.28.

Launched on March 31, 2010, the actively managed fund is designed to protect total return by holding a broad portfolio of US investment-grade bonds equivalent to those of inflation-protected securities.

The fund makes use of swaps to hedge inflation risk and has a Net Expense Ratio of 0.25%.