JPMorgan Nasdaq Equity Premium Income ETF: Good for Income, but It Comes With Risks
Nasdaq(NDAQ) The Motley Fool·2024-11-09 21:05
It sounds too good to be true: a growth oriented ETF investment that also offers a 9% dividend yield. Here's what you need to know about JEPQ.As a dividend investor, you'd probably be pretty happy if you owned an exchange-traded fund (ETF) that rose 15% in a year while offering a high-single-digit yield. That's exactly what the JP Morgan Nasdaq Equity Premium Income ETF (JEPQ 0.20%) provided investors over the last 52 weeks. Before you run out and buy this ETF, however, you need to understand that there are ...