JPMorgan Nasdaq Equity Premium Income ETF
JEPQ
NASDAQ Global Market- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 383 Madison Avenue New York NY United States of America 10179
- IPO Date
- May 4, 2022
- CIK
- 0001485894
- Website
- am.jpmorgan.com
- Similar Companies
- Business
- JPMorgan Nasdaq Equity Premium Income ETF (JEPQ), issued by J.P. Morgan Exchange-Traded Fund Trust, is an actively managed exchange-traded fund that seeks current income while maintaining prospects for capital appreciation by investing in a portfolio of U.S. large-cap equity securities, primarily those included in the Nasdaq-100 Index, and selling call options through equity-linked notes (ELNs). The fund employs a proprietary data science-driven approach to construct its equity sleeve, focusing on large-cap growth stocks across sectors such as information technology (45.5%), communication services (12.8%), and consumer discretionary (11.2%), with top holdings including NVIDIA Corp., Apple Inc., Microsoft Corp., Alphabet Inc., and Broadcom Inc.; it generates distributable income from option premiums on out-of-the-money calls with staggered weekly expirations, stock dividends, and ELNs providing exposure to Nasdaq-100 Index options, targeting monthly distributions with a 12-month rolling dividend yield of approximately 10.93% and a net expense ratio of 0.35% as of November 2025. JEPQ operates within the derivative income category, serving investors seeking equity exposure with reduced volatility compared to the Nasdaq-100 Index (beta of 0.70 since inception), and is listed on the Nasdaq with assets under management exceeding $31.92 billion. Launched on May 3, 2022, and domiciled in the United States with principal executive offices in Wilmington, Delaware (c/o The Corporation Trust Company, 1209 Orange Street), and investment management oversight from J.P. Morgan Investment Management Inc. in New York, the fund targets North American developed markets and retail/institutional investors focused on income and moderated growth. In recent developments, J.P. Morgan Asset Management expanded its Equity Premium Income suite by launching the related JPMorgan Equity and Options ETF (JOYT) in August 2025 as a total return-oriented complement to JEPQ, and listed UCITS versions of JEPQ and its peer JEPI on the London Stock Exchange in November 2024 to broaden European access. Portfolio management saw the addition of Judy Jansen and Matthew Bensen in November 2024, followed by the removal of Andrew Stern effective November 3, 2025, with the current team comprising Hamilton Reiner, Eric Moreau, Matt Bensen, and Judy Jansen; the fund also experienced robust inflows reaching approximately $3.5 billion by mid-2025 amid strong performance, including a year-to-date return of 14.39% at NAV as of November 30, 2025.