JBND: One Of The Few Active Funds I Can't Criticize

  • JBND is an actively managed fund aiming to outperform the Bloomberg U.S. Aggregate Bond Index. Spoiler: It's succeeding. Interesting comparison with the AGG ETF: it's immediately clear that over 50% of JBND's holdings aren't in AGG. Careful: it's not a flexible fund. The prospectus shows clear guidelines (which I like).