Exploring JEPQ: Nasdaq Equity Premium Income ETF by JPMorgan

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JEPQ - Market Position

Ticker Symbol Product Type Asset Class Strategy Payment Frequency Geographic Focus Expense Ratio Sponsor
JEPQ ETF Equity Dividend ETF Equity Premium Income Monthly US 0.50% JPMorgan

JEPQ Overview - Nasdaq Equity Premium Income ETF Dividend

The JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) is a strategically managed fund designed to generate income surpassing the typical yield of U.S. equities while offering opportunities for principal growth consistent with prudent stock investing. This ETF allocates at least 90% of its portfolio to equity securities of companies with market capitalizations exceeding $4.0 billion, with a focus on established, dividend-paying firms based in the United States.

JEPQ's investment strategy employs a fundamental approach to select undervalued companies poised for sustained dividend growth. The fund's portfolio is segmented and managed by individual managers who exercise autonomy in their investment decisions, ensuring adequate diversification.

As of Apr 02, 2024, JEPQ reported an average yield of 1.54%, as documented by Morningstar. Investors also track JEPQ's stock price and dividend history on platforms such as TipRanks.

While past performance is not indicative of future results, JEPQ's emphasis on high-quality, dividend-paying stocks of established companies may attract investors seeking income that surpasses the broader market's average yield, coupled with potential long-term principal growth.

JEPQ - Price / Yield

JEPQ - Portfolio and Asset Allocation

The JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) is a diversified fund that focuses on large-cap, dividend-paying stocks across various sectors. Its top holdings include companies from different industries, such as technology (Microsoft Corp., Apple Inc., Nvidia Corporation), consumer cyclical (Amazon.Com, Inc., Meta Platforms, Inc.), and communication services (Alphabet Inc. Class C).

JEPQ's asset allocation strategy is designed to reinforce diversification, with significant allocations to sectors like technology (48.77%), communication services (16.33%), and consumer cyclical (15.58%). This allocation suggests a balanced approach between income generation and growth potential while managing risk through exposure to a variety of industries.

The presence of established, dividend-paying companies like Microsoft Corp., Apple Inc., and Broadcom Inc. among the top holdings underscores the fund's focus on stable investments with consistent dividend payouts. However, it's worth noting that JEPQ also has exposure to sectors like energy (0.47%) and financials (0.69%), which can be more volatile and sensitive to market conditions.

Despite these exposures, JEPQ's relatively lower allocations to risky sectors indicate a cautious approach by fund managers to avoid overexposure to potentially volatile areas.

Top 10 Holdings

As of April 23, 2024, the top 10 holdings of the Nasdaq Equity Premium Income ETF Dividend (JEPQ) are:

Name Weight
Microsoft Corp. 7.48%
Apple Inc. 5.75%
Nvidia Corporation 5.09%
Amazon.Com, Inc. 4.80%
Alphabet Inc. Class C 4.43%
Meta Platforms, Inc. 4.38%
Broadcom Inc. 2.92%
Advanced Micro Devices, Inc. 1.89%
Netflix 1.72%
Equity Other 17.08%

Asset Allocation

The Nasdaq Equity Premium Income ETF Dividend (JEPQ) has the following asset allocation as of April 23, 2024:

Sector Weight
Technology 48.77%
Communication Services 16.33%
Consumer Cyclical 15.58%
Healthcare 6.87%
Consumer Defensive 4.42%
Industrials 4.10%
Basic Materials 1.34%
Utilities 1.16%
Financial 0.69%
Energy 0.47%
Real Estate 0.27%

Dividend Yield and Distribution History

Section Details

JEPQ Dividend Data

The JPMorgan NASDAQ Equity Premium Income ETF (JEPQ) pays monthly dividends. The most recent ex-dividend date was on April 15, 2024, with a dividend payment of $0.25 per share on April 22, 2024.

JEPQ Dividend Yield

As of April 22, 2024, the 30-day SEC yield for JEPQ is 3.5%. This means that for every $100 invested in the fund, investors would receive $3.50 in dividends per year, assuming the yield remains constant.

JEPQ Dividend History

JEPQ has a history of paying monthly dividends. The dividend payments may fluctuate based on the performance of the underlying dividend-paying stocks held by the fund.

JEPQ Dividend Growth

JEPQ's dividend payments are dependent on the dividend growth and performance of the underlying stocks in the fund's portfolio. The fund's investment strategy focuses on companies with a history of consistent dividend growth, which may contribute to increasing dividend payments over time. However, dividend growth is not guaranteed.

JEPQ Dividend Stability

JEPQ aims to provide a relatively stable income stream by investing in high-quality, dividend-paying stocks of larger companies listed on the NASDAQ. However, the dividend payments are not guaranteed and may be affected by changes in market conditions or the performance of the underlying stocks in the fund's portfolio.

JEPQ - Chart

JEPQ - Comparative Analysis

Let's compare JEPQ with prominent competitors, focusing on key aspects like performance, fees, and strategy: (as of Apr 2024)

Investment Focus High-quality, dividend-paying stocks of larger companies listed on the NASDAQ Large-cap U.S. technology stocks High-dividend-yielding U.S. stocks
Current Yield 1.82% 0.53% 3.76%
Expense Ratio 0.35% 0.20% 0.35%
Investment Strategy Actively managed, focuses on attractively valued companies with consistent dividend growth potential Passively tracks the NASDAQ-100 Index Seeks to provide high current income by investing in dividend-paying U.S. stocks
Strengths Potential for higher returns through active management, emphasis on dividend consistency and growth Exposure to leading U.S. technology companies High dividend yield, potential for income generation
Weaknesses Higher expense ratio than passively managed funds, potentially higher volatility Lower dividend yield compared to dividend-focused ETFs Potential for lower total returns compared to growth-focused ETFs

Dividend History (Last 5 distributions)

Ex-Dividend Date Cash Amount Record Date Pay Date
Apr 01, 2024 $0.43 Apr 02, 2024 Apr 04, 2024
Feb 29, 2024 $0.38 Mar 03, 2024 Mar 05, 2024
Jan 31, 2024 $0.34 Feb 01, 2024 Feb 05, 2024
Dec 27, 2023 $0.39 Dec 28, 2023 Jan 02, 2024
Nov 30, 2023 $0.42 Dec 03, 2023 Dec 05, 2023


Technical Analysis

Additional Information and Risks

The JPMorgan NASDAQ Equity Premium Income ETF (JEPQ) is an exchange-traded fund (ETF) focused on dividend investing, seeking to achieve income while maintaining operational stability. JEPQ's dividend yield, payment history, and payout ratio are key metrics for investors. As of 2024, the fund's primary benchmark is the NASDAQ-100 index. JEPQ's dividend history, including dividend date, dividend payment, and dividend amount, provides insight into its financial performance.

Investors can track JEPQ's dividend data, dividend yield range, and current dividend using tools such as dividend calculators and dividend charts. JEPQ's portfolio consists of equity-linked notes (ELNs), positively impacted by market conditions. However, investors should be aware of the fund's volatility and potential fluctuations in cash flow.

It's essential for shareholders to review JEPQ's prospectus and disclosure documents, seeking current dividend information and operational details. JEPQ's dividend summary, dividend payout, and dividend forecast can assist investors in making informed decisions. Additionally, investors may consult with analysts and subscribe to newsletters for further insight into JEPQ's performance and investment outlook. Overall, JEPQ offers investors an opportunity to invest in dividend-paying securities while managing potential risks associated with market volatility and financial liability.