JPMORGAN REALTY INCOME ETF (JPRE) Report

The JPMORGAN REALTY INCOME ETF (ticker: JPRE) is an exchange-traded fund designed to provide exposure to real estate income. It focuses on assets that typically generate regular cash flow.

What this ETF is trying to do

JPRE invests in a variety of real estate-related companies. Based on its top holdings, the fund includes companies involved in healthcare facilities, logistics warehouses, data centers, and cell towers. By holding these different types of real estate, the ETF aims to capture income from various sectors of the property market.

Top Holdings:

• WELLTOWER INC (12.98%)

• PROLOGIS INC (10.16%)

• EQUINIX INC (9.44%)

• DIGITAL REALTY TRUST INC (7.28%)

• AMERICAN TOWER CORP (5.77%)

• VENTAS INC (4.94%)

• SIMON PROPERTY GROUP INC (3.86%)

• EXTRA SPACE STORAGE INC (3.31%)

• CROWN CASTLE INC (3.02%)

• INVITATION HOMES INC (3.01%)

*Note: This list is partial and holdings can change over time.*

What the numbers show

The data shows both how the share price has moved and the total return (which includes distributions).

• Year-to-Date (YTD): The price return is approximately 6.06%, while the total return is approximately 7.65%.

• One-Year: The price return was approximately 4.40%, while the total return was approximately 6.99%.

• Three-Year: The price return was approximately 29.51%, while the total return was approximately 39.14%.

An estimated price from roughly one year ago was $47.45. The current price is $49.54.

Income and distribution explanation

JPRE provides cash distributions to investors. The distribution yield is approximately 2.43%. This means the annual cash payments represent about 2.43% of the current share price. The fund usually pays out on a quarterly basis, having made 4 payments over the last 12 months.

It is important to remember that a distribution yield is not the same as total return. Total return includes both the change in share price and the cash distributions received.

NAV erosion explanation

"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the assets held by the fund). The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.

However, the fund's erosion-risk score is 94, which is labeled as "Stable / sideways" with a "good" severity rating. There is no severe erosion-risk flag for this ETF.

Pros

• Positive Returns: The fund has shown positive price returns and total returns over the one-year and three-year periods.

• Stable Risk Profile: The erosion-risk score suggests the price trend has been relatively stable.

Cons

• Partial Data: The provided list of holdings is only a partial view of the full portfolio.

Beginner takeaway

JPRE is an ETF that focuses on real estate income. Investors looking at this fund can see a difference between the "price return" (how much the share price went up) and the "total return" (the price increase plus the cash distributions). While it provides regular quarterly income, investors should always look at total return to see how the fund is performing overall.