"And this actively managed fund is a bit different than your average dividend ETF. JEPI takes a dual approach to generating income. It invests in large-cap stocks with low volatility. And it also sells options. Plus, its fund managers use proprietary research to identify over-and undervalued stocks with attractive risk/return profiles. Additionally, JEPI is heavily invested in the information technology sector, which has been growing with the artificial intelligence (AI) movement."
"The JPMorgan Equity Premium Income ETF (JEPI) stands out for its ultra-high yield of 8.35%, which can make it a very attractive option for those near or in retirement. Now, many experts suggest that unusually high yields can be red flags. But JEPI has more going for it. In fact, it has earned a Morningstar Silver medalist rating. And it has delivered a five-year return of around 6.74%."
Ten years before retirement, prioritize making savings last over a 20+ year retirement. Balance income and capital appreciation. Many investors use dividend-paying ETFs but selection can be difficult. JEPI offers an 8.35% yield, uses a dual approach of low-volatility large-cap stock selection plus option selling, employs proprietary research, carries a 0.35% expense ratio, is tech-sector heavy with Magnificent Seven exposure, and had a five-year return around 6.74%. The fund is actively managed and has a Morningstar Silver medalist rating. Its income generation and option strategy may suit investors seeking dividend income approaching retirement, though higher-than-average expenses and sector concentration present trade-offs.
Read at 24/7 Wall St.
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