JPMorgan Equity Premium Income Fund Class I (JEPIX)
| Fund Assets | 5.49B |
| Expense Ratio | 0.60% |
| Min. Investment | $1,000,000 |
| Turnover | 176.00% |
| Dividend (ttm) | 1.17 |
| Dividend Yield | 8.28% |
| Dividend Growth | 9.40% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 14.12 |
| YTD Return | 0.99% |
| 1-Year Return | 12.16% |
| 5-Year Return | 43.55% |
| 52-Week Low | 13.73 |
| 52-Week High | 14.84 |
| Beta (5Y) | n/a |
| Holdings | 125 |
| Inception Date | Aug 31, 2018 |
About JEPIX
JPMorgan Equity Premium Income Fund Class I is an actively managed mutual fund designed to provide investors with high current income while maintaining opportunities for capital appreciation. The fund primarily invests in a diversified portfolio of large-cap U.S. equities, with a significant weighting toward stocks included in the S&P 500 Index. Its distinguishing feature is a systematic strategy of selling one-month, out-of-the-money call options on the S&P 500 via equity-linked notes. This approach generates additional income through option premiums, which are distributed to investors, typically on a monthly basis. The fund’s equity portfolio emphasizes defensive stock selection, aiming to deliver lower volatility and better downside protection compared to the broader equity market. As a result, it has historically cushioned losses during periods of market stress, outpacing both its category average and benchmark index in downturns while offering attractive yield levels. However, the covered call overlay limits the fund’s upside potential during strong equity rallies. Designed for institutional investors, the fund has a substantial minimum investment and is competitively priced within its peer group. Its combination of option income and disciplined equity selection makes it a notable vehicle in the derivative income segment of the market.
Performance
JEPIX had a total return of 12.16% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.04%.
Top 10 Holdings
15.96% of assets| Name | Symbol | Weight |
|---|---|---|
| Johnson & Johnson | JNJ | 1.75% |
| Howmet Aerospace Inc. | HWM | 1.74% |
| Analog Devices, Inc. | ADI | 1.66% |
| Ross Stores, Inc. | ROST | 1.65% |
| AbbVie Inc. | ABBV | 1.59% |
| NextEra Energy, Inc. | NEE | 1.59% |
| RTX Corporation | RTX | 1.52% |
| Trane Technologies plc | TT | 1.51% |
| PepsiCo, Inc. | PEP | 1.50% |
| Yum! Brands, Inc. | YUM | 1.46% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.11073 | Mar 31, 2026 |
| Feb 27, 2026 | $0.08522 | Feb 27, 2026 |
| Jan 30, 2026 | $0.08821 | Jan 30, 2026 |
| Dec 31, 2025 | $0.10235 | Dec 31, 2025 |
| Nov 28, 2025 | $0.09205 | Nov 28, 2025 |
| Oct 31, 2025 | $0.08177 | Oct 31, 2025 |