Key stats
About JPMorgan Equity Premium Income ETF
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Inception date
May 20, 2020
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
JPMorgan Investment Management, Inc.
Distributor
JPMorgan Distribution Services, Inc.
JEPI curates its portfolio by selecting stocks from the S&P 500 Index using a process to identify value stocks with favorable risk/return characteristics along with ESG considerations. After selecting and ranking the securities, the final portfolio looks to hold those securities with lower volatility relative to the benchmark index. In addition, the funds adviser enters equity-linked notes to provide the returns of the S&P 500 Index with covered call options written. The objective is to provide the same return as the S&P 500 Index with lower volatility over a 3-5-year period combined with monthly income. Investors are subjected to counterparty risk in the use of equity-linked notes (ELNs). The fund may also underperform in a rapidly rising US equity market due to the call options written.
Classification
Returns
1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
---|---|---|---|---|---|---|
Price performance | — | — | — | — | — | — |
NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Health Technology
Technology Services
Electronic Technology
Stocks97.64%
Finance17.01%
Health Technology12.25%
Technology Services12.19%
Electronic Technology11.65%
Consumer Non-Durables8.29%
Producer Manufacturing7.88%
Retail Trade7.15%
Consumer Services6.65%
Utilities5.47%
Energy Minerals2.85%
Transportation1.85%
Process Industries1.33%
Health Services1.24%
Distribution Services0.90%
Commercial Services0.77%
Industrial Services0.14%
Bonds, Cash & Other2.36%
Cash1.38%
Rights & Warrants0.98%
Stock breakdown by region
North America91.02%
Europe8.98%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history