Welcome to our dedicated page for Inverse VIX Short-Term Futures ETNs due March 22, 2045 SEC filings (Ticker: VYLD), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The SEC filings page for Inverse VIX Short-Term Futures ETNs due March 22, 2045 (VYLD) brings together U.S. regulatory documents in which this security is formally identified. In multiple Form 8-K current reports filed by JPMorgan Chase & Co., VYLD appears in the table of securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934.
In those filings, the Title of each class is given as the Guarantee of Inverse VIX Short-Term Futures ETNs due March 22, 2045 of JPMorgan Chase Financial Company LLC, the Trading Symbol is listed as VYLD, and the Name of each exchange on which registered is NYSE Arca, Inc. The same tables also list JPMorgan Chase & Co. common stock, depositary shares representing interests in various preferred stock series, and other guaranteed notes and ETNs.
Through this page, users can access the underlying Form 8-K reports and related exhibits where VYLD is mentioned. These filings may cover topics such as earnings releases, changes to by-laws, or the closing of public offerings of other notes and subordinated debt, with VYLD included in the standardized disclosure of registered securities.
Stock Titan enhances these filings with AI-powered summaries that explain the main points of each document in plain language, while still preserving access to the full official text from EDGAR. Users can quickly see where VYLD appears in the filing, understand the context of the report, and navigate to other securities listed in the same disclosure table.
For deeper analysis, investors can review successive filings over time to confirm that VYLD remains listed as a registered security and to see how it is grouped with other instruments issued or guaranteed by JPMorgan Chase & Co. and JPMorgan Chase Financial Company LLC.
JPMorgan Chase Financial Company LLC is marketing Capped Buffered Return Enhanced Notes (the “notes”) linked to the S&P 500® Index, maturing on 27 August 2026. The structured notes offer investors leveraged upside exposure of 1.10 × the positive Index return, but gains are capped at a minimum 13.45 % total return (≈ $1,134.50 per $1,000 note). On the downside, the first 10 % decline in the Index is absorbed by a buffer; beyond this threshold principal is lost point-for-point, exposing holders to a potential 90 % maximum loss.
Key economic terms
- Issuer: JPMorgan Chase Financial Company LLC; fully and unconditionally guaranteed by JPMorgan Chase & Co.
- Index: S&P 500® (SPX).
- Upside Leverage: 1.10.
- Maximum Return: ≥ 13.45 % (final level set on pricing date 24 Jul 2025).
- Buffer Amount: 10 %.
- Pricing Date: ~24 Jul 2025; Settlement: ~29 Jul 2025.
- Observation Date: 24 Aug 2026; Maturity: 27 Aug 2026.
- Denomination: $1,000 minimum, CUSIP 48136FUK6.
- Estimated value if priced today: $991.30; final estimated value will not be < $960.
Payout mechanics
- Positive Index performance: $1,000 + ($1,000 × Index Return × 1.10), subject to the cap.
- Flat / modest decline (> −10 %): return of par.
- Decline > 10 %: principal reduced by (Index Return + 10 %). Example: −30 % Index return ➔ $800 payout.
Risk considerations
- No periodic interest or dividends.
- Capped upside limits participation in strong bull markets.
- Credit exposure to JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co.
- Secondary market expected to be limited; notes are intended to be held to maturity.
- Original issue price exceeds estimated value due to embedded structuring and hedging costs.
Tax & regulatory: Preliminary tax treatment assumes “open transaction” status; final opinion subject to confirmation at pricing. Section 871(m) withholding not expected to apply to Non-U.S. holders. The SEC has neither approved nor disapproved the securities.
Overall, the notes provide a short-dated, partially buffered exposure to broad U.S. equities with modest leveraged upside, suitable only for investors able to tolerate capped gains, significant downside risk, absence of income, and issuer credit exposure.