This summary was created by AI, based on 1 opinions in the last 12 months.
Experts are in consensus that JPMorgan Equity Premium Income ETF (JEPI-Q) is a good option for income generation, offering a yield of about 7.5%. However, it is noted that the returns from the underlying markets, such as the S&P 500, have historically been better. The ETF employs an options overlay strategy, selling out of the money call options to generate income, but this may trade off upside from the underlying securities. Overall, it is suggested for investors in need of income.
She picked it to start the year, but it hasn't performed well in the first six months. But she will stick with it. She downsized her JEPI holding. In 2023, it was -3.5% but outpaced the S&P's -18%. YTD, it's up 5%, though lags the S&P. JEPI limits each sector weighting to 17.5%, which means half the exposure to tech compared to the S&P. If the market keeps rising with the yield from selling calls, you'll like end up 8-10%.
Risks of owning a covered call ETF like JEPI is the limitation of participating in an up rally.
For an attractive dividend, an investor gives up potential ome upside benefits and some total return over the long run.
Covered call ETFs tend to do best in a sideways market.
Otherwise, we think JEPI is a solid covered-call ETF considering the attractive yield and underlying holdings.
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Premium income but there are stocks like Amazon in it. Not one that he uses on a regular basis. Needs to look into it more before giving a recommendation.
JPMorgan Equity Premium Income ETF is a OTC stock, trading under the symbol JEPI-Q on the (). It is usually referred to as or JEPI-Q
In the last year, 1 stock analyst published opinions about JEPI-Q. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for JPMorgan Equity Premium Income ETF.
JPMorgan Equity Premium Income ETF was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for JPMorgan Equity Premium Income ETF.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered JPMorgan Equity Premium Income ETF In the last year. It is a trending stock that is worth watching.
On , JPMorgan Equity Premium Income ETF (JEPI-Q) stock closed at a price of $.
Gives investors exposure to US equity markets, but alongside income generation through an options overlay strategy where they sell call options out of the money call options. Yield is about 7.5%, fantastic. MER is 35 bps.
However, if you look at the returns, you'll see better returns from the underlying markets such as the S&P 500. Great to use if you need the income. But historically, covered call trades off upside from the underlying securities.