"The JPMorgan Nasdaq Equity Premium Income ETF ( NYSEARCA:JEPQ) is a unique ETF offering an excellent yield of 11.42%. A popular choice amongst dividend investors, the fund generates income by investing in blue-chip stocks and selling options. This unique strategy generates a premium for the ETF, which helps maintain the high yield. It invests in stocks in the Nasdaq 100 index and picks the companies that have low volatility."
"They are professionally managed funds that invest in hundreds of dividend-paying stocks. Many of these top ETFs pay monthly dividends, generating steady passive income for you. They look for stocks with a steady payout, strong financials, and high yields. Some also generate additional income by selling call options. Here are three well-diversified ETFs that pay monthly dividends like clockwork with a yield up to 8%."
Monthly-paying exchange-traded funds offer a diversified route to passive income by holding hundreds of dividend-paying stocks and applying income-enhancing tactics. Many funds target stocks with steady payouts, strong financials, and high yields while some sell call options to generate additional premium. The JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) exemplifies this approach by focusing on low-volatility Nasdaq 100 stocks, selling calls for premium income, managing $32 billion in assets, paying monthly dividends, and reporting a strong multi-year return alongside an elevated yield and modest expense ratio.
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