2024-05-19 14:00:00 ET
Summary
- The JP Morgan Equity Premium Income ETF (JEPI) has grown rapidly due to its attractive monthly distribution.
- However, JEPI has some serious drawbacks.
- I discuss the only reason to buy JEPI and what to pair it with to offset its drawbacks.
The JP Morgan Equity Premium Income ETF ( JEPI ) has grown rapidly since its launch, largely due to its value proposition to investors, namely offering an attractive monthly distribution that is backed by broad diversification somewhat resembling the S&P 500 ( SPY )....
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JEPI: The Only Reason To Buy It And What To Pair It With