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.
Offering overview. JPMorgan Chase Financial Company LLC is marketing Auto Callable Contingent Interest Notes linked to the MerQube US Tech+ Vol Advantage Index (Bloomberg: MQUSTVA), fully and unconditionally guaranteed by JPMorgan Chase & Co. The $1,000-denominated notes are scheduled to price on or about July 3 2025, settle on July 9 2025 and mature on January 7 2027, unless automatically called earlier.
Income features. Investors will receive a monthly Contingent Interest Payment of at least $10.00 (≥12.0% p.a.) for any Review Date on which the Index closes at or above 70% of its Initial Value (the Interest Barrier). If the Index closes below the barrier, no interest is paid for that period.
Automatic call mechanism. Starting with the October 3 2025 Review Date, the notes will be redeemed at par plus the relevant interest if the Index closes at or above its Initial Value on any Review Date other than the first, second or final dates, terminating further payments.
Principal repayment. At maturity, if not called and the Index is ≥70% of the Initial Value, holders receive par plus the final interest amount. If the Index is <70%, repayment equals $1,000 plus the Index Return, exposing investors to uncapped downside and potential loss of the entire principal.
Key structural drags. The Index incorporates a 6.0% per-annum daily deduction and a daily notional financing cost on the underlying QQQ Fund, which will mute upside performance and magnify losses. The notes are unsecured, carry JPMorgan credit risk and have an estimated value of approximately $943.80 per $1,000 face (not less than $910.00) as of the indicative terms.
Risk highlights. Investors forgo fixed coupons and dividends, face leverage within the Index (up to 500% exposure) and must be comfortable with possible periods of no interest and substantial principal loss.
JPMorgan Chase Financial Company has issued a free writing prospectus for Auto Callable Contingent Interest Notes linked to GE Vernova stock, due July 1, 2027. The notes offer a potential 15% annual contingent interest rate (3.75% quarterly) with key features:
- Minimum denomination of $1,000 with estimated value not less than $940.00
- Automatic call feature triggers if stock price exceeds Initial Value on quarterly Review Dates
- Interest payments contingent on stock price remaining above Interest Barrier (53.50% of Initial Value)
- At maturity, full principal returned if Final Value exceeds Trigger Value; otherwise, investors face potential losses proportional to stock decline
Key risks include potential loss of principal, credit risk of JPMorgan Chase, limited appreciation potential, and forced early exit through automatic call feature. The notes lack liquidity and dividend rights, with complex tax implications.