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After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
His system isolated NVIDIA - Here's His Next Buy. (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
His system isolated NVIDIA - Here's His Next Buy. (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
His system isolated NVIDIA - Here's His Next Buy. (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
NYSEARCA:JEPI

JPMorgan Equity Premium Income ETF (JEPI) Price, Holdings, & News

$54.16
-0.05 (-0.09%)
(As of 09/22/2023 ET)
Compare
Today's Range
$54.12
$54.50
50-Day Range
$54.16
$55.92
52-Week Range
$49.92
$56.92
Volume
3.55 million shs
Average Volume
4.54 million shs
Market Capitalization
$28.05 billion
Assets Under Management
$29.16 billion
Dividend Yield
11.74%
Net Expense Ratio
0.35%
JEPI stock logo

About JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Investors seeking consistent premium income with lower volatility should look closely at the JPMorgan Equity Premium Income ETF delivers monthly distributable income and equity market exposure with less volatility. JEPI seeks to generate revenue by selling options on U.S. large-cap stocks. The fund invests in S&P 500 stocks that exhibit low-volatility and value characteristics and sells options on those stocks to generate additional income.

Managed by JPMorgan, JEPI's portfolio managers have over 60 years of combined experience investing in equities and equity derivatives. The defensive equity portfolio employs a time-tested, bottom-up fundamental research process with stock selection based on its proprietary risk-adjusted stock rankings. JEPI's disciplined options overlay involves writing out-of-the-money S&P 500 Index call options to generate distributable monthly income.

The fund generates income from its premiums by selling call options on its stocks. This strategy reduces the fund's overall volatility, generating income regardless of whether the stock price goes up or down.

The Large Cap Growth Fund, managed by JPMorgan, targets companies with large markets, sustainable competitive advantages and strong price momentum. It employs an experienced portfolio manager and five dedicated growth analysts with a style-pure large-cap growth strategy that uses a fundamental, bottom-up approach to identify companies with solid growth potential. This investment strategy is incorporated into JEPI's portfolio, as the fund seeks to provide exposure to the equity market with less volatility.

JEPI also considers environmental, social and governance (ESG) factors in investment analysis and decisions. This approach aligns with JPMorgan's goal of enhancing long-term, risk-adjusted financial returns by evaluating companies' sustainability and ethical practices. 

JEPI is an actively managed fund, which means the portfolio managers make investment decisions based on research and market analysis. This can lead to higher management fees than passive funds, which track an index. However, JEPI's experienced portfolio managers' active management approach can generate returns above the benchmark index.

JPMorgan & Co. is an American financial institution founded by J. P. Morgan in 1871, now a subsidiary of JPMorgan Chase, one of the largest banking institutions in the world. With its long-standing history and reputation, investors can have confidence in JEPI's management team's expertise and knowledge of the equity markets.

JEPI may fit income-seeking investors who want exposure to equity markets with lower volatility, management team experience, disciplined investment process and focus on ESG factors. As an actively managed fund, it may have higher management fees than passive funds, but its potential returns could be worth the added cost.

JEPI Price History

JEPI ETF News Headlines

3 Low-Cost Equity ETFs With High Dividends
Some high yield ETFs offer more moderate fees that let investors hang on to more of their cash handouts and capital gains. These 3 funds are among the best.
JEPY: The Sexy JEPI
AI Creates New Cancer Drug - In Just 30 Days!
On December 22, 2022, AI discovered a new treatment for multiple myeloma... in just 4 months... On March 19, 2023, AI discovered a new drug for liver cancer... in only 30 days... There's one small-cap at the center of it all. Bill Gates owns 7 million shares... Billionaire hedge-fund manager Steve Cohen owns 1.4 million shares...
A High-Yielding ETF That’s Also a Safe Investment
Why investors are flooding into active ETFs
JEPI: Using 10% Dividend Yield to Pay Off Your Mortgage
WARNING: Mandatory U.S. Dollar Recall is Weeks Away
If you have any U.S. dollars in your bank account… You must see this shocking video exposing the government’s new plan to recall the U.S. dollar. According to Business Insider, this recall “could be imminent.” And if you don’t prepare now, you could end up holding a bunch of worthless U.S. dollars.
See More Headlines
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Fund Details

Issuer
JPMorgan
Fund Name
JPMorgan Equity Premium Income ETF
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:JEPI
Inception Date
5/19/2020
Fund Manager
Hamilton Reiner, Raffaele Zingone
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
N/A
Category
Size and Style
Focus
Large Cap
Development Level
Developed Markets
Region
North America
Number of Holdings
191

Fund Statistics

Assets Under Management
$29.16 billion
Average Daily Volume
$0.00
Discount/Premium
0.04%

Administrator, Advisor and Custodian

Administrator
J.P. Morgan Investment Management Inc.
Advisor
J.P. Morgan Investment Management Inc.
Custodian
JPMorgan Chase Bank, N.A.
Distributor
JPMorgan Distribution Services, Inc.
Transfer Agent
JPMorgan Chase Bank, N.A.
Trustee
N/A
Lead Market Maker
Susquehanna

Options

Optionable
Optionable
Options Volume
1,647
Put Options
616
Call Options
1,031
Short Interest
285,600 shs

Miscellaneous

Beta
0.62
Creation Unit
25,000
Creation Fee
$500.00
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JPMorgan Equity Premium Income ETF Expenses

TypeJEPILarge Cap ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.35%0.56%0.53%0.50%0.50%
Other Expenses0.00%0.29%0.52%0.64%0.57%
Total Expense0.35%0.63%0.69%0.74%0.69%
Fee Waiver0.00%-0.20%-0.55%-0.70%-0.59%
Net Expense0.35%0.60%0.59%0.57%0.57%

JPMorgan Equity Premium Income ETF (JEPI) Holdings & Exposure

JEPI Sector Exposure

JEPI Industry Exposure














JEPI ETF - Frequently Asked Questions

How have JEPI shares performed in 2023?

JPMorgan Equity Premium Income ETF's stock was trading at $54.49 on January 1st, 2023. Since then, JEPI stock has decreased by 0.6% and is now trading at $54.16.
View the best growth stocks for 2023 here
.

How often does JPMorgan Equity Premium Income ETF pay dividends? What is the dividend yield for JPMorgan Equity Premium Income ETF?

JPMorgan Equity Premium Income ETF declared a dividend on Friday, December 30th. Stockholders of record on Wednesday, July 5th will be given a dividend of $0.3593 per share on Friday, July 7th. The ex-dividend date of this dividend is Monday, July 3rd.
Read our dividend analysis for JEPI
.

What does JEPI invest in?

JPMorgan Equity Premium Income ETF is a equity fund issued by JPMorgan. JEPI focuses on large cap investments. The fund's investments total to approximately $29.16 billion assets under management.

What stocks does JPMorgan Equity Premium Income ETF hold?

JEPI invests in 191 holdings. Some of the stocks in their portfolio include Adobe (ADBE), Amazon.com (AMZN), Microsoft (MSFT), Comcast (CMCSA), Mastercard (MA), Accenture (ACN), Intuit (INTU), AbbVie (ABBV), PepsiCo (PEP) and Visa (V).

What is the management fee for JPMorgan Equity Premium Income ETF?

JPMorgan Equity Premium Income ETF's management fee is 0.35% and has no other recorded expenses or fee waivers. The net expense ratio for JEPI is 0.35%.

What other stocks do shareholders of JPMorgan Equity Premium Income ETF own?

Based on aggregate information from My MarketBeat watchlists, some companies that other JPMorgan Equity Premium Income ETF investors own include Zoom Video Communications (ZM), Spotify Technology (SPOT), Globant (GLOB), B&G Foods (BGS) and AbbVie (ABBV).

What is JPMorgan Equity Premium Income ETF's stock symbol?

JPMorgan Equity Premium Income ETF trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "JEPI."

Who are JPMorgan Equity Premium Income ETF's major shareholders?

JPMorgan Equity Premium Income ETF's stock is owned by many different retail and institutional investors. Top institutional investors include JPMorgan Chase & Co. (4.33%), Osaic Holdings Inc. (1.20%), Osaic Holdings Inc. (1.19%), Royal Bank of Canada (1.16%), Envestnet Asset Management Inc. (0.75%) and Commonwealth Equity Services LLC (0.48%).

How do I buy shares of JPMorgan Equity Premium Income ETF?

Shares of JEPI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is JPMorgan Equity Premium Income ETF's stock price today?

One share of JEPI stock can currently be purchased for approximately $54.16.

How much money does JPMorgan Equity Premium Income ETF make?

JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) has a market capitalization of $28.05 billion.

This page (NYSEARCA:JEPI) was last updated on 9/24/2023 by MarketBeat.com Staff

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