NEW
YORK, Feb. 18, 2025 /PRNewswire/ -- J.P.
Morgan Asset Management today announced the upcoming liquidation
and dissolution of the JPMorgan Sustainable Infrastructure ETF
(BLLD).
Shareholders may buy and sell their shares prior to the
de-listing date at market prices on Nasdaq. The last day of trading
for the ETF on Nasdaq is March 21,
2025.
Proceeds from the liquidation will be distributed to
shareholders at net asset value on or about March 28, 2025.
Shareholders who continue to hold shares of the ETF on the
designated liquidation date will receive a liquidating distribution
of cash in their brokerage account equal to the amount of the net
asset value of their shares.
Shareholders who receive a liquidating distribution generally
will recognize a capital gain or loss equal to the amount received
for their shares over their adjusted basis in such shares if shares
are held in a taxable account. Such shareholders should consult
their tax advisor about the potential tax consequences.
About J.P. Morgan Asset Management
J.P. Morgan Asset Management, with assets under management
of $3.6 trillion (as of 12/31/2024), is a global leader
in investment management. J.P. Morgan Asset Management's clients
include institutions, retail investors and high net worth
individuals in every major market throughout the world. J.P. Morgan
Asset Management offers global investment management in equities,
fixed income, real estate, hedge funds, private equity and
liquidity. For more information,
visit: www.jpmorgan.com/am
About JPMorgan Chase
JPMorgan Chase & Co. (NYSE: JPM) is a leading financial
services firm based in the United States
of America ("U.S."), with operations worldwide.
JPMorganChase had $4.0 trillion in
assets and $345 billion in
stockholders' equity as of as of 12/31/2024. The Firm is a leader
in investment banking, financial services for consumers and small
businesses, commercial banking, financial transaction processing
and asset management. Under the J.P. Morgan and Chase brands, the
Firm serves millions of customers in the U.S., and many of the
world's most prominent corporate, institutional and government
clients globally. Information about JPMorgan Chase & Co. is
available at www.jpmorganchase.com.
J.P. Morgan Funds are distributed by JPMorgan Distribution
Services, Inc., which is an affiliate of JPMorgan Chase & Co.
Affiliates of JPMorgan Chase & Co. receive fees for providing
various services to the funds. JPMorgan Distribution Services, Inc.
is a member of FINRA.
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SOURCE J.P. Morgan Asset Management
