JPMorgan’s JEPQ ETF pays high monthly income but caps upside gains, impacting long-term growth.
The JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) attracts retirees with its high monthly payouts, around $0.56 to $0.64 per share recently, resembling bond-like income with equity exposure. However, the fund uses a covered-call strategy that limi…
