JPMorgan Equity Premium Income I (JEPIX)
JPMorgan Equity Premium Income I operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $14.05, up 0.36% on the session, giving a market capitalisation of $5.02B. Its beta of 0.44 implies it has historically moved less than the broad market.
The fund aims to generate a steady stream of income for investors while also pursuing long-term growth of its invested capital. This dual objective is met through two main strategies: first, by actively managing a stock portfolio primarily consisting of companies found within its benchmark, the S&P 500 Index; and second, by employing equity-linked notes (ELNs) to sell call options that are tied to the performance of the S&P 500.
JPMorgan Equity Premium Income I is most often compared with the following Financial Services names: