J.P. Morgan Asset Management today announced the launch of the JPMorgan Equity and Options ETF (JOYT) on the Cboe BZX Exchange. JOYT represents a strategic expansion of the Firm’s innovative Equity Premium Income Suite, catering to clients seeking total return or already utilizing the JPMorgan Equity Premium Income ETF (JEPI) and the JPMorgan Nasdaq Equity Premium Income ETF (JEPQ).
Fund expands the firm’s category-leading Equity Premium Income Suite
The fund will integrate dividends, options premium, and capital appreciation in a strategy designed to deliver robust returns with reduced volatility and beta compared to the broad U.S. large-cap market. Unlike traditional income-distributing products, the fund’s options premium will be used to enhance total return.
“JOYT reflects our commitment to providing cutting-edge active ETFs that address the diverse needs of our clients,” said Travis Spence, Global Head of ETFs at J.P. Morgan Asset Management. “This addition offers investors a sophisticated approach to seeking diversified sources of total return beyond market appreciation.”
Led by Hamilton Reiner, manager of JEPI and JEPQ, the portfolio management team brings over 60 years of combined experience. Reiner oversees more than $370 billion as J.P. Morgan Asset Management’s CIO of Core Equity and Head of U.S. Derivatives.
“JOYT supercharges our suite of options-based strategies, standing as a dynamic counterpart to JEPI and JEPQ,” explained Hamilton Reiner. “JOYT is the go-to choice for those who have used or are exploring JEPI and JEPQ but are less income focused and more total return oriented.”
The fund is priced competitively at 35 basis points, consistent with JEPI and JEPQ.
Discover the latest trends and insights—explore the Business Insights Journal for up-to-date strategies and industry breakthroughs!
