JEPQ

J.P. Morgan Nasdaq Equity Premium Income ETF

$57.82
+0.00%
Market closed. Last update: 12:49 PM ET

📎 Investment Objective

The J.P. Morgan Nasdaq Equity Premium Income ETF (JEPQ) seeks to provide current income and long-term capital appreciation by investing in a portfolio of Nasdaq-100 Index stocks and employing an options strategy to generate additional income.

Overview

ETF tracking J.P. Morgan Nasdaq Equity Premium Income ETF

Category Technology
Issuer Other
Inception Date 2022-05-04
Market Cap $30.8B
Average Volume N/A
Dividend Yield 8.64%
52-Week Range $45.88 - $59.22
VWAP $57.70

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The J.P. Morgan Nasdaq Equity Premium Income ETF (JEPQ) seeks to provide current income and long-term capital appreciation by investing in a portfolio of Nasdaq-100 Index stocks and employing an options strategy to generate additional income.

🎯 Investment Strategy

JEPQ invests primarily in the stocks that make up the Nasdaq-100 Index, which includes 100 of the largest domestic and international non-financial companies listed on the Nasdaq Stock Market. The fund also utilizes an options strategy, selling call options on the Nasdaq-100 Index to generate additional income.

✨ Key Features

  • Exposure to large-cap technology and growth stocks through the Nasdaq-100 Index
  • Options strategy aims to generate additional income through call option premiums
  • Potential for current income and long-term capital appreciation
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Market risk: The value of the fund's holdings may decline due to general market conditions
  • Sector concentration risk: The fund's focus on the technology sector makes it vulnerable to factors affecting that industry
  • Options strategy risk: The options strategy may not generate the expected income or may result in losses
  • Liquidity risk: The fund may have difficulty selling certain holdings, especially in volatile markets

👤 Best For

JEPQ may be suitable for investors seeking exposure to large-cap technology stocks with the potential for current income and long-term capital appreciation. The fund's options strategy may appeal to investors comfortable with the additional risks associated with options trading.