ETF profile for JPMorgan Equity Premium Income ETF (JEPI) from the issuer: top holdings, net assets, expense ratio and shares outstanding.
JEPI ETF Profile
| Family: |
JPMorgan Chase |
| Name: |
JPMorgan Equity Premium Income ETF |
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| Inception Date: |
20-May-2020 |
| Termination Date: |
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| 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 |
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| Prospectus |
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| Top 10 Holdings |
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| MASTERCARD INC COMMON |
MA |
2.0534% |
| MICROSOFT CORP COMMON |
MSFT |
2.0227% |
| APPLE INC COMMON STOCK |
AAPL |
1.9696% |
| 3M CO COMMON STOCK USD |
MMM |
1.9450% |
| NEXTERA ENERGY INC COMMON |
NEE |
1.9334% |
| VISA INC COMMON STOCK USD |
V |
1.9284% |
| AMAZON.COM INC COMMON |
AMZN |
1.9142% |
| COSTCO WHOLESALE CORP |
COST |
1.8309% |
| JOHNSON & JOHNSON COMMON |
JNJ |
1.8220% |
| ABBVIE INC COMMON STOCK |
ABBV |
1.7466% |
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Top 10 Holdings Weight: |
19.2% |
| Number of Holdings: |
135 |
| Shares Outstanding: |
802,000,000 |
| Total Net Assets: |
45,224,779,776 |
| NAV: |
56.38 |
| Net Expense Ratio: |
0.35% |
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| Asset Class: |
Equities (Stocks) |
| Developed or Emerging: |
Developed Market Funds |
| Country: |
US |
| Region: |
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| Strategy: |
Covered Call Strategy |
| Currency: |
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| Commodity: |
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| Dividend Type: |
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| Tax Exempt State: |
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| Maturity Duration: |
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| Market Cap: |
Large Cap |
| Credit Quality: |
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| Leverage Direction/Factor: |
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| Is Currency Hedged: |
No |
| US or Ex-US: |
Domestic |