JPMorgan Equity Premium Income Fund Class A (JEPAX)

Fund Assets	4.73B
Expense Ratio	0.881%
Min. Investment	$1,000
Turnover	183.00%
Dividend (ttm)	1.09
Dividend Yield	7.66%
Dividend Growth	-3.57%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	14.11
YTD Return	4.89%
1-Year Return	7.70%
5-Year Return	38.39%
52-Week Low	13.72
52-Week High	14.84
Beta (5Y)	n/a
Holdings	136
Inception Date	Aug 31, 2018

About JEPAX

JPMorgan Equity Premium Income Fund Class A is a mutual fund designed to provide investors with regular monthly income while maintaining exposure to the U.S. equity market. Its primary function is to deliver distributable income and reduce portfolio volatility, accomplished through a combination of an actively managed, defensive portfolio of large-cap U.S. stocks—primarily drawn from the S&P 500 Index—and a systematic options overlay strategy. The fund regularly sells out-of-the-money call options on the S&P 500 via equity-linked notes, a structure that allows it to pass through all options premium as dividends to investors. This results in consistent monthly payouts that diversify income sources without adding duration or credit risk found in many fixed-income products. Notable features include a competitive expense ratio, a focus on limiting downside risk compared to the broader equity market, and impressive yield levels that have ranged from roughly 7% to over 8% in recent years, though actual dividends fluctuate with market conditions. The fund is managed by an experienced team and is classified within the derivative income category, making it significant for investors seeking high, stable income with lower volatility relative to traditional equity funds.

• Fund Family: JPMorgan
• Category: Opt Arb/Opt Strat
• Performance Rating: Average
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: JEPAX
• Share Class: Class A
• Index: S&P 500 TR

Performance

JEPAX had a total return of 7.70% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.49%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
JEPRX	Class R6	0.34%
JEPSX	Class R5	0.45%
JEPIX	Class I	0.59%
JEPCX	Class C	1.34%

Top 10 Holdings

17.81% of assets

Name	Symbol	Weight
Microsoft Corporation	MSFT	1.98%
Amazon.com, Inc.	AMZN	1.90%
NVIDIA Corporation	NVDA	1.84%
Mastercard Incorporated	MA	1.84%
Apple Inc.	AAPL	1.81%
Johnson & Johnson	JNJ	1.77%
Alphabet Inc.	GOOGL	1.71%
Trane Technologies plc	TT	1.69%
AbbVie Inc.	ABBV	1.64%
NextEra Energy, Inc.	NEE	1.64%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.07957	Sep 30, 2026
Aug 31, 2026	$0.08496	Aug 31, 2026
Jul 31, 2026	$0.08773	Jul 31, 2026
Jun 30, 2026	$0.0951	Jun 30, 2026
May 29, 2026	$0.0945	May 29, 2026
Apr 30, 2026	$0.10265	Apr 30, 2026

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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