JPMorgan Equity Premium Income Fund (JEPCX)
| Fund Assets | 6.26B |
| Expense Ratio | 1.35% |
| Min. Investment | $1,000 |
| Turnover | 176.00% |
| Dividend (ttm) | 1.06 |
| Dividend Yield | 7.39% |
| Dividend Growth | 14.35% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 14.18 |
| YTD Return | -0.18% |
| 1-Year Return | -0.80% |
| 5-Year Return | 46.34% |
| 52-Week Low | 12.70 |
| 52-Week High | 15.05 |
| Beta (5Y) | n/a |
| Holdings | 125 |
| Inception Date | Aug 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.
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%.
Top 10 Holdings
15.68% of assets| Name | Symbol | Weight |
|---|---|---|
| Mastercard Incorporated | MA | 1.66% |
| Microsoft Corporation | MSFT | 1.62% |
| NVIDIA Corporation | NVDA | 1.59% |
| Amazon.com, Inc. | AMZN | 1.59% |
| Meta Platforms, Inc. | META | 1.58% |
| Visa Inc. | V | 1.55% |
| Alphabet Inc. | GOOGL | 1.55% |
| AbbVie Inc. | ABBV | 1.55% |
| Lowe's Companies, Inc. | LOW | 1.51% |
| Analog Devices, Inc. | ADI | 1.47% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.07865 | Sep 30, 2025 |
| Aug 29, 2025 | $0.07623 | Aug 29, 2025 |
| Jul 31, 2025 | $0.07961 | Jul 31, 2025 |
| Jun 30, 2025 | $0.09191 | Jun 30, 2025 |
| May 30, 2025 | $0.12349 | May 30, 2025 |
| Apr 30, 2025 | $0.10562 | Apr 30, 2025 |