2024年6月5日 · But every investment has risk, and the JPMorgan Equity Premium Income ETF (JEPI 1.41%) is no different. Here's what you need to know before investing in the fund. Launched in May 2020, this ETF...

2024年4月17日 · JEPI uses Equity Linked Notes (ELNs) to generate monthly income for their investors. In the eyes of the IRS, the income generated by these ELNs are taxed as ordinary income — meaning after...

2 天之前 · It is important for JEPI investors to watch market volatility, interest rates, taxes, and more to successfully buy-and-hold this ETF. It’s not a one-size-fits-all investment.

JPMorgan Equity Premium Income ETF Ticker: JEPI Designed to provide current income while maintaining prospects for capital appreciation.

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2023年10月3日 · For index-based covered-call funds, 40% of the gain/loss from its calls are taxed at the short-term capital gains tax rate and 60% at the long-term capital gains tax rate.

JEPI is a highly liquid ETF offering daily transparency and tax efficiency at a low cost. The strategy combines equities with options to strike a balance among yield, capital growth and risk. JEPI seeks to deliver a significant portion of the returns associated with the S&P 500 Index with less volatility, in addition to monthly income.

How is JEPI income taxed? JEPI may be tax-inefficient, as distributions from the fund may be taxed as income, and dividends from underlying stock holdings are not considered qualified because of the offsetting options positions. JEPI isn't eligible for Tax-Loss Harvesting, since we can't find a viable alternate fund.

Just 15-20% of JEPI's dividends are qualified, implying that it's best to hold it in a tax-deferred retirement account. F or high-income investors, the effective tax rate for JEPI could be close to 50% if held in taxable accounts.

2023年2月18日 · The effective JEPI tax rate for high-income investors is close to 50% if owned in taxable accounts. A post-tax yield of closer to 6% for investors in the top tax bracket