- In week 24 I added JEPI to the Dividend Harvesting Portfolio I am constructing as a Seeking Alpha Dividend Strategy series.
- JEPI is an ETF from JPMorgan that uses option premiums and dividends to generate monthly dividends with an annual forward yield that exceeds 7%.
- JEPI has a portfolio of 100 holdings consisting of ELNs and companies within the S&P 500 index.
- Investors are getting a hybrid fund that does a considerable amount of work for a low-cost expense ratio of 0.35%.
For further details see:
JEPI Is Being Added To The Dividend Harvesting Portfolio