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JEPI ETF Profile


Family: JPMorgan Chase
Name: JPMorgan Equity Premium Income ETF
Inception Date: 20-May-2020
Termination Date:
Investment Objective: The investment objective of the Fund is to seek current income while maintaining prospects for capital appreciation. The Fund seeks to achieve this objective by (1) creating an actively managed portfolio of equity securities comprised significantly of those included in the Fund's primary benchmark, the Standard & Poor's 500 Total Return Index (S&P 500 Index) and (2) through equity-linked notes (ELNs), selling call options with exposure to the S&P 500 Index. The resulting Fund is designed to provide investors with performance that captures a majority of the returns associated with the S&P 500 Index, while exposing investors to lower volatility than the S&P 500 Index and also providing incremental income. The Fund is managed in a way that seeks, under normal circumstances, to provide monthly distributions at a relatively stable level. Under normal circumstances, the Fund invests at least 80% of its Assets in equity securities (80% Policy). "Assets" means net assets plus the amount of borrowings for investment purposes. In calculating the 80% Policy, the Fund's equity investments will include common stocks and ELNs, as well as other equity securities
Prospectus
Top 10 Holdings
TRANE TECHNOLOGIES PLC TT 1.7036%
META PLATFORMS INC META 1.6831%
PROGRESSIVE CORP/THE PGR 1.6571%
SOUTHERN CO/THE COMMON SO 1.5686%
ABBVIE INC COMMON STOCK ABBV 1.5172%
MASTERCARD INC COMMON MA 1.5170%
AMAZON.COM INC COMMON AMZN 1.5149%
MICROSOFT CORP COMMON MSFT 1.4633%
LOWE'S COS INC COMMON LOW 1.4504%
SERVICENOW INC COMMON NOW 1.4404%
Top 10 Holdings Weight: 15.5%
Number of Holdings: 137
Shares Outstanding: 605,050,000
Total Net Assets: 35,946,020,000
NAV: 59.38
Net Expense Ratio: 0.35%
Asset Class: Equities (Stocks)
Developed or Emerging: Developed Market Funds
Country: US
Region:
Strategy: Covered Call Strategy
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Market Cap: Large Cap
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Is Currency Hedged: No
US or Ex-US: Domestic