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JEPI
JPMorgan Equity Premium Income ETF
$56.87
Current Price
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About JPMorgan Equity Premium Income ETF
JEPI is the JPMorgan Equity Premium Income ETF, a fund run by JPMorgan that you can buy and sell like a stock. It holds a basket of large US companies chosen to swing less than the overall market. It also sells options, which are contracts that pay the fund a fee up front in exchange for capping some of its upside. The fund passes that fee income to investors as monthly payouts, so the appeal is regular income rather than fast growth.