J.P. Morgan Asset Management Unveils New JPMorgan Equity and Options ETF (JOYT)
JPMorgan (NYSE:JPM) has launched the JPMorgan Equity and Options ETF (JOYT) on the Cboe BZX Exchange, expanding its Equity Premium Income Suite. The new ETF aims to deliver total returns through a combination of dividends, options premium, and capital appreciation, with reduced volatility compared to the broad U.S. large-cap market.
The fund will be managed by Hamilton Reiner, who currently oversees $370 billion as CIO of Core Equity and Head of U.S. Derivatives. JOYT complements existing products JEPI and JEPQ, targeting investors focused on total return rather than income. The ETF is priced at 35 basis points, matching the fees of its sister funds.
JPMorgan (NYSE:JPM) ha introdotto il JPMorgan Equity and Options ETF (JOYT) sulla Cboe BZX Exchange, ampliando la sua Equity Premium Income Suite. Il nuovo ETF punta a generare rendimenti totali combinando dividendi, premi da opzioni e apprezzamento del capitale, con una volatilità inferiore rispetto al mercato statunitense large-cap.
Il fondo sarà gestito da Hamilton Reiner, attualmente CIO di Core Equity e Head of U.S. Derivatives con responsabilità su 370 miliardi di dollari. JOYT si affianca ai prodotti esistenti JEPI e JEPQ e si rivolge a investitori orientati al rendimento totale piuttosto che al solo reddito. Il costo è di 35 punti base, in linea con le commissioni dei fondi collegati.
JPMorgan (NYSE:JPM) ha lanzado el JPMorgan Equity and Options ETF (JOYT) en la Cboe BZX Exchange, ampliando su Equity Premium Income Suite. El nuevo ETF busca ofrecer retornos totales mediante una combinación de dividendos, primas de opciones y apreciación de capital, con menor volatilidad respecto al mercado estadounidense de gran capitalización.
El fondo estará gestionado por Hamilton Reiner, quien actualmente supervisa 370.000 millones de dólares como CIO de Core Equity y Head of U.S. Derivatives. JOYT complementa a JEPI y JEPQ, orientándose a inversores enfocados en el retorno total más que en la renta. La comisión es de 35 puntos básicos, igualando las tarifas de sus fondos hermanos.
JPMorgan (NYSE:JPM)이 Cboe BZX 거래소에 JPMorgan Equity and Options ETF (JOYT)를 상장하며 Equity Premium Income Suite를 확장했습니다. 새 ETF는 배당, 옵션 프리미엄, 자본 이득을 결합해 총수익을 제공하고 미국 대형주 시장보다 변동성을 낮추는 것을 목표로 합니다.
이 펀드는 현재 Core Equity CIO 겸 미국 파생상품 부문 책임자로서 3,700억 달러를 운용 중인 Hamilton Reiner가 관리합니다. JOYT는 기존 상품 JEPI 및 JEPQ를 보완하며 소득보다 총수익에 중점을 둔 투자자를 겨냥합니다. 수수료는 35베이시스포인트로 자매 펀드들과 동일합니다.
JPMorgan (NYSE:JPM) a lancé le JPMorgan Equity and Options ETF (JOYT) sur la Cboe BZX Exchange, enrichissant sa Equity Premium Income Suite. Le nouvel ETF vise à générer des rendements totaux grâce à une combinaison de dividendes, de primes d'options et d'appréciation du capital, avec une volatilité réduite par rapport au marché US des large caps.
Le fonds sera géré par Hamilton Reiner, qui supervise actuellement 370 milliards de dollars en tant que CIO de Core Equity et responsable des dérivés US. JOYT complète les produits existants JEPI et JEPQ et s'adresse aux investisseurs privilégient le rendement total plutôt que le seul revenu. Les frais sont de 35 points de base, identiques à ceux des fonds affiliés.
JPMorgan (NYSE:JPM) hat den JPMorgan Equity and Options ETF (JOYT) an der Cboe BZX Exchange aufgelegt und damit seine Equity Premium Income Suite erweitert. Der neue ETF zielt darauf ab, Gesamterträge durch eine Kombination aus Dividenden, Optionsprämien und Kursgewinnen zu erzielen und dabei eine geringere Volatilität als der breite US-Large-Cap-Markt aufzuweisen.
Der Fonds wird von Hamilton Reiner verwaltet, der als CIO von Core Equity und Leiter der US-Derivate derzeit 370 Milliarden Dollar betreut. JOYT ergänzt die bestehenden Produkte JEPI und JEPQ und richtet sich an Anleger, die Wert auf Gesamtrendite statt reines Einkommen legen. Die Gebühr beträgt 35 Basispunkte, damit entspricht sie den Gebühren der Schwesterfonds.
- Expands JPMorgan's successful Equity Premium Income Suite with a new total return focused product
- Managed by experienced team with over 60 years combined experience
- Competitive pricing at 35 basis points, aligned with existing products
- Offers reduced volatility and beta compared to broad U.S. large-cap market
- None.
Insights
J.P. Morgan launches JOYT ETF targeting total return rather than income, expanding its successful options-based ETF lineup.
J.P. Morgan Asset Management has strategically expanded its options-based ETF suite with the launch of JOYT, creating a complete ecosystem of related products. Unlike its popular siblings JEPI and JEPQ which focus primarily on income distribution, JOYT is specifically engineered for total return by reinvesting options premium rather than distributing it as income.
The fund employs the same core architecture as its predecessors—combining equity exposure with options strategies—but with a crucial philosophical difference in how it handles the premium income. This positions JOYT as complementary rather than competitive within J.P. Morgan's product lineup, allowing advisors to precisely match client objectives across the income-growth spectrum.
Particularly noteworthy is the continuity in management, with Hamilton Reiner leading the portfolio team. His oversight of
The expansion demonstrates J.P. Morgan's commitment to capitalizing on the extraordinary success of JEPI, which has attracted massive inflows in the options-based ETF category. By creating purpose-built variations rather than diluting the original product's focus, J.P. Morgan is executing a sophisticated product segmentation strategy that should strengthen its competitive position in the active ETF landscape.
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
"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
"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.
About J.P. Morgan Asset Management
J.P. Morgan Asset Management, with assets under management of
About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the
J.P. Morgan ETFs are distributed by JPMorgan Distribution Services, Inc., which is an affiliate of JPMorgan Chase & Co. Affiliates of JPMorgan Chase & Co. receive fees for providing various services to the funds. JPMorgan Distribution Services, Inc. is a member of FINRA. More information is available at https://am.jpmorgan.com/us/en/asset-management/gim/adv/products/etfs.
There is no guarantee, obligation or assurance that any investors will maintain any specific level of investment in the Fund, and such investors have the ability to withdraw their investment at any point in time like any other shareholder of a mutual fund or ETF.
Investors should carefully consider the investment objectives and risks as well as charges and expenses of an ETF before investing. The summary and full prospectuses contain this and other information about the ETF and should be read carefully before investing. To obtain a prospectus: Call 1-844-4JPM-ETF.
NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE
SOURCE J.P. Morgan Asset Management
Related Links: http://www.jpmorganchase.com
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SOURCE J.P. Morgan Asset Management
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