JPMorgan Equity Premium Income A (JEPAX)
JPMorgan Equity Premium Income A operates in the Asset Management - Income industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $14.05, up 0.43% on the session, giving a market capitalisation of $5.02B. Its beta of 0.43 implies it has historically moved less than the broad market.
The fund's primary goal is to provide investors with ongoing income while also pursuing long-term capital growth. To achieve this, it employs a two-fold strategy: first, by actively constructing and managing a diversified portfolio of stocks, primarily selecting companies included in its benchmark, the S&P 500 Index. Second, it utilizes equity-linked notes (ELNs) to sell call options that are linked to the performance of the S&P 500.
JPMorgan Equity Premium Income A is most often compared with the following Financial Services names: