2024-07-29 04:37:00 ET
The Nasdaq-100 Index has cooled off a bit from its red-hot run. It was recently down more than 8% from its peak. Even with that decline, it's still up more than 20% over the past year.
I recently took advantage of the Nasdaq-100 's slump by loading up on a unique exchange-traded fund (ETF) focused on the growth-driven market index: JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ: JEPQ) . The ETF supplies lots of dividend income while providing upside to the Nasdaq-100 with less volatility.
The JPMorgan Nasdaq Equity Premium Income ETF has a triple mandate. It seeks to distribute income to investors each month while providing equity exposure to the Nasdaq-100 with less volatility.
For further details see:
Why I Loaded Up on This Ultra-High-Yielding ETF After the Nasdaq's Recent Slump