As of 9Aug2022
JEPI Fund Description
JEPI is an actively-managed fund that invests in large-cap US stocks and equity-linked notes (ELNs). It seeks to provide similar returns as the S&P 500 Index with lower volatility and monthly income.
JEPI Factset Analytics Insight
JEPI curates its portfolio by selecting stocks from the S&P 500 Index using a process to identify value stocks with favorable risk/return characteristics along with ESG considerations. After selecting and ranking the securities, the final portfolio looks to hold those securities with lower volatility relative to the benchmark index. In addition, the fund’s adviser enters equity-linked notes to provide the returns of the S&P 500 Index with covered call options written. The objective is to provide the same return as the S&P 500 Index with lower volatility over a 3-5-year period combined with monthly income. Investors are subjected to counterparty risk in the use of equity-linked notes (ELNs). The fund may also underperform in a rapidly rising US equity market due to the call options written.
Dividend ETF DIVO
Why Invest in DIVO?
Income Potential: comprised of high-quality dividend-oriented stocks, along with covered calls on individual stocks.
Active Management: allows the portfolio manager (CWP) to identify opportunities and risks, and act on those decisions in real time.
Seeks to Lower Volatility: dividend and option income may provide lower share price volatility vs. the overall market during times of broad-based market declines.
Objective and Strategy DIVO is an actively managed ETF of high-quality large-cap companies with a history of dividend growth, along with a tactical covered call* strategy on individual stocks. DIVO is strategically designed to offer high levels of total return on a risk-adjusted basis.
Yield Data as of: July 31st, 2022 Distribution FrequencyMonthly30-Day SEC Yield**1.70%
Distribution Rate*4.71%
USMV
INVESTMENT OBJECTIVE
The iShares MSCI USA Min Vol Factor ETF seeks to track the investment results of an index composed of U.S. equities that, in the aggregate, have lower volatility characteristics relative to the broader U.S. equity market.
Why USMV?
1. Exposure to U.S. stocks with potentially less risk
2. Historically, USMV has declined less than the market during market downturns1
3. Consider USMV for a core position in a portfolio
