JEPI - JEPI: Still Going Strong With Highly Attractive Yields
2024-01-28 13:30:00 ET
Summary
- JEPI is designed for income-focused investors, offering an attractive 8.3% yield at the current levels.
- The fund aims to provide consistent income with lower volatility, appealing to more cautious investors who prefer a more stable ride.
- The portfolio operates a more defensive equity strategy and OTM covered call strategy, allowing some participation in bullish markets.
- JEPI has underperformed the S&P 500, but the fund isn't designed to replicate the market.
- While it isn't immune to market volatility, buying the JEPI at steep pullbacks has proved to be a relatively robust strategy bolstered by solid dividend yields.
JPMorgan Equity Premium Income ETF ( JEPI ) is designed primarily for income-focused investors as it pays a monthly dividend. Based on its relatively attractive 8.3% payout, it's expected to be a core holding of income investors looking to focus on generating a sustainable monthly dividend....
JEPI: Still Going Strong With Highly Attractive Yields