📈 Stock Market 20h ago · Omor Ibne Ehsan

Why JEPQ’s 10.7% Yield Looked Irresistible Until Nvidia Rallied

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Why JEPQ’s 10.7% Yield Looked Irresistible Until Nvidia Rallied
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The post Why JEPQ’s 10.7% Yield Looked Irresistible Until Nvidia Rallied appeared first on 24/7 Wall St..
The JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) sells the promise most retirees want: a monthly paycheck on the growthiest corner of the U.S. market. Its trailing distributions total about $6.52 per share over the past year, yielding a headline yield near 10.7% at the current $60 share price. That is why JEPQ has become one of the most-held income ETFs on Nasdaq.
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