JPMorgan Equity Premium Income Fund (JEPCX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
14.09
-0.09 (-0.63%)
Oct 29, 2025, 4:00 PM EDT
-0.63%
Fund Assets6.26B
Expense Ratio1.35%
Min. Investment$1,000
Turnover176.00%
Dividend (ttm)1.06
Dividend Yield7.39%
Dividend Growth14.35%
Payout FrequencyMonthly
Ex-Dividend DateSep 30, 2025
Previous Close14.18
YTD Return-0.18%
1-Year Return-0.80%
5-Year Return46.34%
52-Week Low12.70
52-Week High15.05
Beta (5Y)n/a
Holdings125
Inception DateAug 31, 2018

About JEPCX

JPMorgan Equity Premium Income Fund Class C is an open-end mutual fund that seeks to provide investors with monthly distributable income while maintaining exposure to the equity markets, but with reduced volatility compared to traditional equity investments. The fund achieves this by combining a defensive portfolio of U.S. large-cap stocks—primarily targeting S&P 500 constituents—selected through rigorous bottom-up, risk-adjusted research, with an options overlay strategy. The core innovation lies in systematically writing out-of-the-money call options on the S&P 500 Index, implemented through equity-linked notes (ELNs), to capture option premiums as a source of additional income. This structure allows the fund to deliver a steady stream of payouts each month, making it attractive to income-focused investors. The approach also helps cushion downside risk during market drawdowns, as premiums collected from the call options can offset equity losses. However, the use of covered calls caps the portfolio’s upside potential in strong markets. The fund is managed by experienced professionals and stands out as a tool for those seeking equity market participation with an emphasis on income and risk moderation, rather than pure capital appreciation.

Fund Family JPMorgan
Category Opt Arb/Opt Strat
Stock Exchange NASDAQ
Ticker Symbol JEPCX
Share Class Class C
Index S&P 500 TR

Performance

JEPCX had a total return of -0.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.90%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
JEPRXClass R60.35%
JEPSXClass R50.45%
JEPIXClass I0.60%
JEPAXClass A0.85%

Top 10 Holdings

15.68% of assets
NameSymbolWeight
Mastercard IncorporatedMA1.66%
Microsoft CorporationMSFT1.62%
NVIDIA CorporationNVDA1.59%
Amazon.com, Inc.AMZN1.59%
Meta Platforms, Inc.META1.58%
Visa Inc.V1.55%
Alphabet Inc.GOOGL1.55%
AbbVie Inc.ABBV1.55%
Lowe's Companies, Inc.LOW1.51%
Analog Devices, Inc.ADI1.47%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Sep 30, 2025$0.07865Sep 30, 2025
Aug 29, 2025$0.07623Aug 29, 2025
Jul 31, 2025$0.07961Jul 31, 2025
Jun 30, 2025$0.09191Jun 30, 2025
May 30, 2025$0.12349May 30, 2025
Apr 30, 2025$0.10562Apr 30, 2025
Full Dividend History