JPMorgan Equity Premium Income I (JEPIX)

The fund aims to generate a steady stream of income for investors while also pursuing long-term growth of its invested capital. This dual objective is met through two main strategies: first, by actively managing a stock portfolio primarily consisting of companies found within its benchmark, the S&P 500 Index; and second, by employing equity-linked notes (ELNs) to sell call options that are tied to the performance of the S&P 500.