Alerian MLP Index ETN SEC Filings

JPMorgan Chase & Co. plans to issue Callable Fixed to Floating Rate Notes due November 14, 2045. The notes pay a 10.00% per annum fixed rate during the initial interest periods through November 14, 2027. After that, interest each period equals (7.25% − the Benchmark Rate) × 1.25, with a 0.00% minimum. The Benchmark Rate is initially Compounded SOFR, subject to benchmark transition provisions.

The notes are callable at the issuer’s option on the 14th of February, May, August and November, beginning November 14, 2027 and ending August 14, 2045, at par plus accrued interest. Interest is paid quarterly on the same calendar days, starting February 14, 2026, using a 30/360 day count. Observation periods and determination dates follow U.S. Government Securities Business Days conventions.

Key considerations include benchmark transition mechanics (with potential replacement rates selected per defined procedures), calculation agent discretion by an affiliate, and the possibility that floating periods pay 0% if the Benchmark Rate is sufficiently high. The notes are unsecured obligations of JPMorgan Chase & Co., not bank deposits and not FDIC insured. U.S. tax treatment is expected to follow contingent payment debt instrument rules, with OID accrual at a comparable yield.

JPMorgan Chase Financial Company LLC filed a preliminary 424(b)(2) pricing supplement for Callable Fixed Rate Notes due November 10, 2028, fully and unconditionally guaranteed by JPMorgan Chase & Co.

The notes pay a fixed 4.10% per annum, using a 30/360 day count, with interest paid in arrears on November 10 each year, beginning November 10, 2026 through maturity. The issuer may redeem the notes, in whole but not in part, on the 10th day of February, May, August and November from May 10, 2026 to August 10, 2028, at par plus accrued and unpaid interest, with at least five business days’ notice to DTC.

The preliminary per‑note price to the public is expected to be between $992.60 and $1,000 per $1,000 principal amount for eligible accounts. Selling commissions would be approximately $17.50 per $1,000 (not to exceed $25.00 per $1,000), and may be reduced or forgone for certain sales.

JPMorgan Chase Financial Company LLC filed a preliminary pricing supplement for Callable Contingent Interest Notes linked to the least performing of the Dow Jones Industrial Average, the Russell 2000 Index, and the SPDR S&P Regional Banking ETF, due November 3, 2028, fully and unconditionally guaranteed by JPMorgan Chase & Co.

The notes pay a contingent rate of at least 7.50% per annum (0.625% monthly) for each Review Date when each underlying closes at or above its 50.00% Interest Barrier. They are callable at the issuer’s option on most Interest Payment Dates starting May 5, 2026. If held to maturity and each Final Value is at or above its 50.00% Trigger Value, investors receive $1,000 plus the final contingent payment; otherwise, the payoff is $1,000 + ($1,000 × Least Performing Underlying Return), which can result in losing more than 50%—up to all—of principal.

Minimum denomination is $1,000. Selling commissions will not exceed $9 per $1,000. If priced today, the estimated value would be approximately $959.40 per $1,000, and when set will not be less than $900.00 per $1,000. The notes are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co.

JPMorgan Chase & Co. is offering $16,500,000 of callable fixed‑rate notes due October 31, 2030 at a 4.10% annual coupon. The notes are unsecured and unsubordinated obligations; all payments are subject to JPMorgan’s credit risk.

Interest is paid in arrears each October 31, beginning in 2026, using a 30/360 day count. JPMorgan may, at its option, redeem the notes in whole (not in part) on the last calendar day of April and October from October 31, 2027 through April 30, 2030, at par plus accrued interest. At maturity, holders receive principal plus accrued interest if the notes have not been called. Minimum denomination is $1,000.

The price to the public is $1,000 per note. Total offering economics: $16,500,000 price to public, $104,750 in fees and commissions, and $16,395,250 in proceeds to the issuer. The notes are expected to be held to maturity and will not be listed, which may limit liquidity. As TLAC-eligible instruments, holders could absorb losses in a resolution scenario under U.S. rules.

JPMorgan Chase & Co. filed a preliminary 424B2 for Callable Fixed Rate Notes due November 14, 2045. The notes pay fixed interest at 5.50% per annum, with interest paid annually on November 14, beginning November 14, 2026. The issuer may call the notes, in whole, on the 14th of May and November each year from November 14, 2027 through May 14, 2045, at par plus accrued interest.

Key terms include a Following business day convention, 30/360 day count, and unadjusted interest accrual convention. For certain institutional or fee-based accounts, the price per $1,000 principal amount will not be lower than $950.10 or greater than $1,000. If priced today, selling commissions would be approximately $5.50 per $1,000, and will not exceed $47.50 per $1,000.

As senior unsecured obligations of JPMorgan Chase & Co., recoveries in a resolution could be affected by single point of entry strategies, placing noteholders behind subsidiary creditors. Special tax counsel opines the notes will be treated as fixed‑rate debt instruments.

JPMorgan Chase Financial Company LLC plans to offer Callable Contingent Interest Notes linked to the lesser performing of the S&P 500 Index and the VanEck Gold Miners ETF, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are expected to price on or about October 30, 2025 and settle on or about November 4, 2025, with maturity on May 5, 2027.

The notes pay a monthly Contingent Interest Payment only if, on each Review Date, the closing value of each underlying is at least 70.00% of its Initial Value (the Interest Barrier). The Contingent Interest Rate will be at least 13.00% per annum (1.08333% per month). The issuer may redeem the notes early, in whole, on any Interest Payment Date starting February 4, 2026, other than the first, second and final dates.

If not redeemed early and the Final Value of either underlying is below its Trigger Value (70.00% of Initial), investors lose 1% of principal for each 1% decline of the lesser performing underlying, up to total loss. The notes are unsecured, unsubordinated obligations of JPMorgan Financial, guaranteed by JPMorgan Chase & Co., not listed, and issued in $1,000 minimum denominations. If priced today, the estimated value would be about $960.10 per $1,000; it will not be less than $900.00 at pricing. Selling commissions will not exceed $22.25 per $1,000.

JPMorgan Chase Financial Company LLC priced a $850,000 offering of Capped Dual Directional Buffered Equity Notes linked to the Nasdaq-100 Index, due May 3, 2027, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are issued in $1,000 denominations, pay no interest, and provide unleveraged exposure with a Maximum Upside Return of 13.00% and a 15.00% buffer on losses. They priced on October 28, 2025 and are expected to settle on or about October 31, 2025.

At pricing, the Initial Value was 26,012.16 and the Observation Date is April 28, 2027. Per $1,000 note: price to public $1,000; fees and commissions $17.50; proceeds to issuer $982.50, for total proceeds of $835,125. The estimated value was $976.20 per $1,000 note. These unsecured obligations are subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co., are not listed, and investors may lose up to 85.00% of principal at maturity.

JPMorgan Chase & Co. filed a preliminary 424B2 for Callable Fixed Rate Notes due November 14, 2030. The notes pay a fixed 4.15% per annum, with interest paid annually on November 14, beginning November 14, 2026. The issuer may redeem the notes, in whole but not in part, on the 14th of May and November each year from November 14, 2027 to May 14, 2030, at par plus accrued interest.

At maturity, holders receive principal plus accrued interest if not previously called. The pricing supplement indicates a per-note public offering price for eligible institutional or fee-based accounts of $987.60 to $1,000 per $1,000 principal amount. Selling commissions, if the notes priced today, would be approximately $6.75 per $1,000 note and will not exceed $17.50 per $1,000. The notes use a 30/360 day count, Following Business Day Convention, and are identified by CUSIP 48130C7J8.

JPMorgan Chase Financial Company LLC priced $2,766,000 of unsecured, unsubordinated Structured Investments—Review Notes linked to the lesser performing of the S&P 500 Index and EURO STOXX 50 Index—fully and unconditionally guaranteed by JPMorgan Chase & Co.

The notes may be automatically called on any Review Date if each index closes at or above its Call Value, paying $1,000 plus a Call Premium of 9.50%, 19.00% or 28.50% for the first, second and final Review Dates, respectively. Key levels: Call Values step down from 100% to 95% to 90% of Initial Value; the Barrier Amount is 70% of Initial Value. Initial Values were 6,890.89 (S&P 500) and 5,704.35 (EURO STOXX 50). If not called and either index finishes below its Barrier, repayment is reduced by the Lesser Performing Index Return, and investors can lose most or all principal.

Per $1,000 note: price to public $1,000; fees and commissions $21; proceeds to issuer $979. Total fees were $58,086 and proceeds to issuer $2,707,914. The estimated value was $954.50 per $1,000 at pricing. Earliest call is November 4, 2026; maturity is November 2, 2028.