09:54 AM EDT, 06/25/2025 (MT Newswires) -- JPMorgan Chase ( JPM ) unit JP Morgan Asset Management said Wednesday that it has launched the JPMorgan Active High Yield ETF (JPHY) on the Cboe BZX Exchange.

The asset manager said the fund is backed by a $2 billion investment from "a large institutional external client" and will earmark at least 80% of its assets to bonds and other debt securities that are rated below investment grade.

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