JEPQ
Closed
Jpmorgan Nasdaq Equity Premium Income Etf
53.8191
-0.5809 (-1.07%)
Last Update: 01 Jul 2025 23:01:00
Yesterday: 54.4
Day's Range: 53.633 - 53.89
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When Written:
44.6
The JPMorgan Nasdaq Equity Premium Income ETF (JEPI) is an exchange-traded fund (ETF) that seeks to provide income and capital appreciation by investing in a portfolio of high dividend-paying stocks listed on the Nasdaq Composite Index.
The ETF is managed by J.P. Morgan Asset Management and was launched in October 2018. It has an expense ratio of 0.35% and is considered a smart-beta ETF, which means it uses a rules-based approach to selecting stocks based on factors like dividend yield, quality, and volatility.
JEPI aims to provide investors with a higher yield than traditional equity ETFs by selecting stocks with high dividend yields and utilizing a covered call strategy. This involves selling call options on some of the ETF's holdings to generate additional income, while also potentially limiting the ETF's upside potential.
As of August 2021, JEPI had total net assets of approximately $1.4 billion and held 150 stocks in its portfolio. Its top holdings included Apple Inc., Microsoft Corporation, and Amazon.com Inc.
Investors should be aware that like all investments, JEPI carries risks, including market risk, interest rate risk, and credit risk. Additionally, the use of options and other derivatives can add additional complexity and risk to the ETF.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
The ETF is managed by J.P. Morgan Asset Management and was launched in October 2018. It has an expense ratio of 0.35% and is considered a smart-beta ETF, which means it uses a rules-based approach to selecting stocks based on factors like dividend yield, quality, and volatility.
JEPI aims to provide investors with a higher yield than traditional equity ETFs by selecting stocks with high dividend yields and utilizing a covered call strategy. This involves selling call options on some of the ETF's holdings to generate additional income, while also potentially limiting the ETF's upside potential.
As of August 2021, JEPI had total net assets of approximately $1.4 billion and held 150 stocks in its portfolio. Its top holdings included Apple Inc., Microsoft Corporation, and Amazon.com Inc.
Investors should be aware that like all investments, JEPI carries risks, including market risk, interest rate risk, and credit risk. Additionally, the use of options and other derivatives can add additional complexity and risk to the ETF.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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