The Covered Call Strategy Behind JEPI: Why Some Retirees Love It and Others Get Burned
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The post The Covered Call Strategy Behind JEPI: Why Some Retirees Love It and Others Get Burned appeared first on 24/7 Wall St..Few ETFs have generated as much retirement income conversation in recent years as the JPMorgan Equity Premium Income ETF (NYSE:JEPI). With $45.21 billion in assets, 798 million shares outstanding, and a yield that has consistently hovered between 7% and 10%, the fund has become one of the most widely held income vehicles among retirees seeking a paycheck replacement.
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