Reported 4 months ago
The JPMorgan Equity Premium Income ETF offers a 7.7% yield and monthly income, making it attractive to income-seeking investors. Launched in May 2020, the ETF aims to provide monthly income while capturing some of the S&P 500 index's upside with low volatility. The fund invests in equities and equity-linked notes to achieve its goals, effectively selling call options to generate income even when the market falls. Although it may underperform in bull markets, it suits investors seeking reliable monthly income and low volatility, with reinvesting dividends being crucial for maximizing benefits. While there are risks involved, the ETF's performance suggests it can meet its objectives.
Source: YAHOO