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: On June 20, 2025 JPMorgan Chase Financial Company LLC priced $5.154 million of Auto-Callable Contingent Interest Notes due December 24, 2026, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are unsecured, unsubordinated obligations that expose investors to the credit risk of both the issuer and guarantor.
Underlying assets: Payments depend on the individual performance of the Nasdaq-100 (NDX), Russell 2000 (RTY) and S&P 500 (SPX) indices. The structure is not a basket; each index is tested separately.
Contingent interest: Investors receive $8.7917 per $1,000 note (10.55% p.a., paid monthly) for any Review Date on which all three indices close at or above 70 % of their respective Initial Values (Interest Barriers: 15,138.473 for NDX, 1,476.4869 for RTY, 4,177.488 for SPX). If any index falls below its barrier, that period’s coupon is skipped.
Automatic call feature: Beginning September 22, 2025 (the third Review Date) the notes are automatically redeemed at par plus accrued contingent interest if each index closes at or above its Initial Value (21,626.39 NDX / 2,109.267 RTY / 5,967.84 SPX) on any non-final Review Date.
Principal repayment: • If automatically called, investors receive par plus the last coupon.
• If not called and each index closes ≥70 % of its Initial Value on the final Review Date (December 21, 2026), investors receive par plus the final coupon.
• If any index closes <70 % on the final Review Date, repayment is capital-at-risk: $1,000 + ($1,000 × Least Performing Index Return). Investors may lose more than 30 % and up to 100 % of principal.
Pricing economics: Price to public: $1,000; selling concession: $7.25 (0.725%); net proceeds: $992.75. JPMorgan’s internal estimated value is $978.70, indicating approximately 2.1 % of initial cost attributable to hedging and distribution.
Key dates: Settlement June 25 2025; 18 scheduled monthly Review/Interest dates; maturity December 24 2026.
Risk highlights: Market downside exposure below 70 % trigger, skipped coupons during adverse periods, reinvestment risk due to auto-call, and issuer/guarantor credit risk. The notes pay no fixed coupon and do not provide any dividend participation from the referenced indices.