JPMorgan Nasdaq Equity Premium Inco.. (JEPQ)

The JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) aims to generate income for its investors by employing a two-pronged strategy.

Firstly, the fund's managers actively select a portfolio of equity securities, with a significant portion of them being constituents of the Nasdaq-100 Index, which serves as the fund's primary benchmark.

In addition to this, the fund uses equity-linked notes (ELNs) to further enhance returns. These ELNs involve selling call options that are tied to the performance of the Nasdaq-100 Index, allowing the fund to potentially generate additional income.

It's worth noting that the JEPQ is a non-diversified fund, which means it may invest a larger proportion of its assets in a smaller number of securities, potentially increasing its exposure to market fluctuations.

By combining these two strategies, the JPMorgan Nasdaq Equity Premium Income ETF seeks to provide investors with a regular stream of income, while also offering the potential for capital appreciation through its exposure to the Nasdaq-100 Index.