JEPI ETF — JPMorgan Equity Premium Income ETF
JPMorgan Equity Premium Income ETF (JEPI)
Updated October 8, 2026.
JEPI is an ETF. its distribution rate is 7.23%, its trailing-12-month yield is 8.05%, its expense ratio is 0.35%. Dividend Vision Distribution Safety Score™ is 75/100 (Generally safe). Total return is 95.5% over the past 6.4 years, 91.5 points behind SPY at 187.0%.
At the current 7.23% distribution rate, a $10,000 investment would generate approximately $723 per year, or $60.25 per month.
JEPI dividend yield and income
Price as of 2026-10-08.
The distribution rate (7.23%) is the latest posted forward yield, paid monthly. Trailing-12-month yield (8.05%) is the last year of payments divided by the current price. The last dividend was $0.34134. The last ex-dividend date was 10/01/2026. It was paid on 10/05/2026. At the current 7.23% distribution rate, a $10,000 investment would generate approximately $723 per year, or $60.25 per month.
| Ex-date | Amount | Change from previous payment |
|---|---|---|
| 2026-10-01 | $0.34134 | -8.1% |
| 2026-09-01 | $0.37142 | 1.3% |
| 2026-08-03 | $0.36664 | -5.3% |
| 2026-07-01 | $0.38716 | -0.5% |
| 2026-06-01 | $0.38921 | -13.0% |
| 2026-05-01 | $0.44761 | 6.4% |
| 2026-04-01 | $0.4205 | 19.7% |
| 2026-03-02 | $0.35134 | 2.0% |
| 2026-02-02 | $0.34443 | -19.4% |
| 2025-12-31 | $0.42709 | 15.2% |
| 2025-12-01 | $0.3706 | 7.0% |
| 2025-11-03 | $0.34636 | -4.1% |
| 2025-10-01 | $0.36102 | -2.0% |
| 2025-09-02 | $0.36826 | 2.9% |
| 2025-08-01 | $0.35772 | -10.5% |
| 2025-07-01 | $0.39953 | -26.0% |
| 2025-06-02 | $0.54001 | 10.7% |
| 2025-05-01 | $0.48792 | 19.6% |
| 2025-04-01 | $0.40794 | 24.5% |
| 2025-03-03 | $0.32765 | 0.5% |
| 2025-02-03 | $0.32586 | -17.5% |
| 2024-12-31 | $0.39478 | -1.8% |
| 2024-12-02 | $0.402 | 7.1% |
| 2024-11-01 | $0.37522 | -4.3% |
| 2024-10-01 | $0.39217 | -1.9% |
| 2024-09-03 | $0.39984 | 38.1% |
| 2024-08-01 | $0.28949 | -12.3% |
| 2024-07-01 | $0.33012 | -8.4% |
| 2024-06-03 | $0.36027 | 10.5% |
| 2024-05-01 | $0.32609 | -5.5% |
| 2024-04-01 | $0.34519 | 14.7% |
| 2024-03-01 | $0.30085 | 0.1% |
| 2024-02-01 | $0.30061 | -29.7% |
| 2023-12-28 | $0.42781 | 9.6% |
| 2023-12-01 | $0.39025 | 8.7% |
| 2023-11-01 | $0.35892 | -1.2% |
| 2023-10-02 | $0.36333 | 7.4% |
| 2023-09-01 | $0.33817 | 16.5% |
| 2023-08-01 | $0.29037 | -19.2% |
| 2023-07-03 | $0.3593 | -1.7% |
| 2023-06-01 | $0.36541 | -13.9% |
| 2023-05-01 | $0.42458 | -4.6% |
| 2023-04-03 | $0.44506 | 8.2% |
| 2023-03-01 | $0.41115 | -7.4% |
| 2023-02-01 | $0.44392 | -22.5% |
| 2022-12-29 | $0.57292 | -6.1% |
| 2022-12-01 | $0.61036 | 0.7% |
| 2022-11-01 | $0.60627 | 26.1% |
| 2022-10-03 | $0.48084 | -14.0% |
| 2022-09-01 | $0.55894 | 12.8% |
| 2022-08-01 | $0.49547 | -20.2% |
| 2022-07-01 | $0.62102 | 20.3% |
| 2022-06-01 | $0.51642 | 10.3% |
| 2022-05-02 | $0.46806 | -20.4% |
| 2022-04-01 | $0.58777 | 27.2% |
| 2022-03-01 | $0.46226 | 21.1% |
| 2022-02-01 | $0.38181 | -16.7% |
| 2021-12-30 | $0.45861 | 19.9% |
| 2021-12-01 | $0.38245 | 4.5% |
| 2021-11-01 | $0.36614 | 6.6% |
| 2021-10-01 | $0.34338 | 1.3% |
| 2021-09-01 | $0.33885 | 31.8% |
| 2021-08-02 | $0.25719 | -35.0% |
| 2021-07-01 | $0.3954 | 26.1% |
| 2021-06-01 | $0.31346 | -16.1% |
| 2021-05-03 | $0.37372 | 7.3% |
| 2021-04-01 | $0.34828 | 8.4% |
| 2021-03-01 | $0.32115 | 22.3% |
| 2021-02-01 | $0.26263 | -51.6% |
| 2020-12-30 | $0.54282 | 8.6% |
| 2020-12-01 | $0.49986 | -2.9% |
| 2020-11-02 | $0.51501 | 18.5% |
| 2020-10-01 | $0.43476 | -4.1% |
| 2020-09-01 | $0.45342 | 56.5% |
| 2020-08-03 | $0.28979 | -41.3% |
| 2020-07-01 | $0.49408 | — |
| 2020 total (partial launch year) | $3.22974 | — |
| 2021 total | $4.16126 | — |
| 2022 total | $6.36214 | 52.9% |
| 2023 total | $4.61827 | -27.4% |
| 2024 total | $4.21663 | -8.7% |
| 2025 total | $4.71996 | 11.9% |
| 2026 YTD total | $3.41965 | -4.4% vs prior-year YTD |
JEPI dividend growth
Trailing-12-month distributions versus the preceding 12 months changed -3.9%. The 1Y row below uses this same adjacent TTM cash-window comparison. The deepest trailing-12-month payout decline in the past five years is -36.45%.
| Window | Change |
|---|---|
| 1Y | -3.9% |
| 3Y | -12.8% |
| 5Y | 1.2% |
JEPI holdings and sector exposure
Holdings are not available for this snapshot.
JEPI performance versus SPY
Price and return data through 2026-10-08.
Total return is 95.5% over the past 6.4 years, 91.5 points behind SPY at 187.0%. Over the past year its total return — price change plus distributions reinvested — is 7.9%. Its deepest 1-year drawdown was 6.7%.
| Window | Total return | CAGR |
|---|---|---|
| 1M | 0.3% | — |
| 3M | 2.2% | — |
| 6M | 2.5% | — |
| YTD | 5.1% | — |
| 1Y | 7.9% | — |
| 2Y CAGR | — | 6.30% |
| 3Y CAGR | — | 10.70% |
| 5Y CAGR | — | 7.70% |
| Since inception (6.4 years) | 95.5% | 11.10% |
JEPI key facts
- Distribution Safety Score™
- 75 · Generally safe
- Safety-Adjusted Yield
- 5.42%
- Issuer
- JPMorgan
- Asset type
- ETF
- Asset class
- Equity
- Inception date
- 05/20/2020
- Expense ratio
- 0.35%
- Distribution rate
- 7.23%
- Distribution frequency
- Monthly
- Trailing yield
- 8.05%
- Last close
- $56.67 (as of 2026-10-08)
- AUM
- $45,319,892,027
- Average volume
- 3820809.0
- Last dividend
- $0.34134
- Last ex-dividend date
- 10/01/2026
- Last payment date
- 10/05/2026 (as of 2026-10-05)
- Beta
- 0.42
- P/E ratio
- 24.5866
How Dividend Vision calculates yield and returns
Distribution rate (7.23%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (8.05%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.
Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology
Sources and review
Primary sources: JPMorgan or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.
Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.
JEPI risks and drawbacks
Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 6.7%.
Who may consider JEPI — and who may not
It is a weaker fit for investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.
Compare JEPI
JEPI vs similar funds:
Frequently asked questions
Does JEPI pay monthly?
Yes. JEPI currently pays monthly.
What is JEPI's expense ratio?
JEPI's expense ratio is 0.35%.
What is JEPI's dividend yield?
JEPI's distribution rate is 7.23%, paid monthly, with a 0.35% expense ratio — the latest regular payout annualised, not a trailing 12-month yield (data as of October 8, 2026).
How has JEPI's dividend grown?
Trailing-12-month distributions versus the preceding 12 months changed -3.9%. That is the same adjacent TTM cash-window comparison used in the dividend-history table.
When does JEPI pay a dividend?
JEPI pays monthly. The last dividend was $0.34134. The last ex-dividend date was 10/01/2026. It was paid on 10/05/2026.
How has JEPI performed?
Total return is 95.5% over the past 6.4 years, 91.5 points behind SPY at 187.0%. Over the past year its total return — price change plus distributions reinvested — is 7.9%. Its deepest 1-year drawdown was 6.7%.
Is JEPI a good investment?
JEPI's Dividend Vision Distribution Safety Score is 75 (Generally safe). That is a risk signal, not investment advice. Its distribution rate is 7.23% (the latest regular payout annualised, not a trailing yield). Compare peers below rather than treating any single figure as a buy or sell.
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