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 has filed a Rule 424(b)(2) pricing supplement for a small, $4.0 million issuance of Buffered Digital Notes linked to the Russell 2000® Index (Bloomberg: RTY). The notes are unsecured, unsubordinated obligations of JPMorgan Chase Financial and are fully and unconditionally guaranteed by JPMorgan Chase & Co. Minimum denomination is $1,000 and settlement is expected on or about 20 June 2025.
Key economic terms
- Strike Value: 2,124.127 (closing level on 16 June 2025)
- Observation Date: 10 Nov 2026
- Maturity Date: 13 Nov 2026 (≈17-month tenor)
- Contingent Digital Return: 16.45% (maximum payoff $1,164.50 per $1,000 note)
- Buffer Amount: 15%
- CUSIP: 48136E3A1
- Issue price: 100% ($1,000); estimated value: $992.20; selling commission: $1.00
Payoff mechanics
- If the Russell 2000 Final Value ≥ Strike Value: investor receives principal + 16.45% ($1,164.50).
- If Final Value is below the Strike Value by ≤15%: investor receives full principal.
- If Final Value declines by >15%: investor loses 1% of principal for every 1% decline beyond the 15% buffer, with maximum possible loss of 85% (minimum redemption $150 per $1,000).
Risk highlights
- No periodic coupons or dividends; upside capped at 16.45% regardless of index performance.
- Credit exposure to both JPMorgan Chase Financial and JPMorgan Chase & Co.
- Estimated value is $7.80 below the issue price, reflecting embedded fees, hedging costs and dealer compensation.
- Small size and bespoke terms make valuation sensitive to internal funding rate and hedging spreads.
Investor profile: suited to investors willing to exchange index upside beyond 16.45% and interim income for a fixed, contingent payoff and a 15% downside buffer over a short tenor, while accepting credit and liquidity risk.