$JEPY

JEPY

$

The S&P 500 Enhanced Options Income ETF

Name(Required)
This field is for validation purposes and should be left unchanged.
Distribution Rate *
40.72%
As of 05/31/2024
Distribution Frequency
Monthly
30-Day SEC Yield **
4.21%
As of 05/31/2024
rating

JEPY, the first put-write ETF on the S&P 500 using daily options to seek enhanced yield for investors. Paid Monthly.

JEPY aims to achieve consistent monthly yield distributions for investors coupled with equity market exposure to the S&P 500. JEPY is an actively managed exchange-traded fund (“ETF”) that seeks enhanced income, constructed of treasuries and S&P 500 index options. The strategy’s objective is to generate outsized monthly distributions by selling option premium on a daily basis. The fund uses daily options to realize rapid time decay by selling in the money puts.

Investment Objective

The Fund’s primary investment objective is to seek current income. The Fund’s secondary investment objective is to seek exposure to the performance of the S&P 500 Index (the “Index”) subject to a limit on potential investment gains.

There is no guarantee that the Fund’s investment strategy will be properly implemented, and an investor may lose some or all of its investment.

Fund Details

Data as of 06/21/2024
Net Assets $127.71M
Premium/discount 0.06%
NAV $16.32
Closing Price $16.33
Shares Outstanding 7,825,000
Median 30 Day Spread 0.06%
Fund inception 09/18/23
Ticker JEPY
Primary Exchange NYSE
CUSIP 88636J832
Fund Holdings 7
NAV Symbol JEPY.NV
Expense Ratio 0.99%
30 Day SEC Yield* 4.21%
* Yield as of 05/31/2024

JEPYMarket Price

Performance

YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) 5.04% 3.30% 2.08% 8.55% xx.xx% xx.xx% xx.xx% 10.97%
Market Price (%) 4.91% 3.22% 2.05% 8.47% xx.xx% xx.xx% xx.xx% 11.02%
1 Year Since Inception
Total Return (%) xx.xx% xx.xx%
Market Price (%) xx.xx% xx.xx%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) 1.68% -2.85% 0.90% 10.53% xx.xx% xx.xx% xx.xx% 7.42%
Market Price (%) 1.64% -2.59% 1.02% 10.45% xx.xx% xx.xx% xx.xx% 7.55%
1 Year Since Inception
Total Return (%) xx.xx% xx.xx%
Market Price (%) xx.xx% xx.xx%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) 4.67% 1.72% 4.67% 12.98% xx.xx% xx.xx% xx.xx% 10.57%
Market Price (%) 4.34% 1.50% 4.34% 12.21% xx.xx% xx.xx% xx.xx% 10.42%
1 Year Since Inception
Total Return (%) xx.xx% xx.xx%
Market Price (%) xx.xx% xx.xx%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) 2.90% 2.11% 6.33% xx.xx% xx.xx% xx.xx% xx.xx% 8.70%
Market Price (%) 2.80% 2.18% 6.29% xx.xx% xx.xx% xx.xx% xx.xx% 8.79%
1 Year Since Inception
Total Return (%) xx.xx% xx.xx%
Market Price (%) xx.xx% xx.xx%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) 0.77% 0.77% 9.54% xx.xx% xx.xx% xx.xx% xx.xx% 6.46%
Market Price (%) 0.61% 0.61% 9.33% xx.xx% xx.xx% xx.xx% xx.xx% 6.47%
1 Year Since Inception
Total Return (%) xx.xx% xx.xx%
Market Price (%) xx.xx% xx.xx%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) xx.xx% 3.34% 7.94% xx.xx% xx.xx% xx.xx% xx.xx% 5.64%
Market Price (%) xx.xx% xx.xx% xx.xx% xx.xx% xx.xx% xx.xx% xx.xx% -%
1 Year Since Inception
Total Return (%) xx.xx% xx.xx%
Market Price (%) xx.xx% xx.xx%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) xx.xx% 5.18% xx.xx% xx.xx% xx.xx% xx.xx% xx.xx% 2.23%
Market Price (%) xx.xx% 5.10% xx.xx% xx.xx% xx.xx% xx.xx% xx.xx% 2.35%
1 Year Since Inception
Total Return (%) xx.xx% xx.xx%
Market Price (%) xx.xx% xx.xx%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) xx.xx% -0.70% xx.xx% xx.xx% xx.xx% xx.xx% xx.xx% -2.81%
Market Price (%) xx.xx% -1.04% xx.xx% xx.xx% xx.xx% xx.xx% xx.xx% -2.62%
1 Year Since Inception
Total Return (%) xx.xx% xx.xx%
Market Price (%) xx.xx% xx.xx%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) xx.xx% xx.xx% xx.xx% xx.xx% xx.xx% xx.xx% xx.xx% -2.13%
Market Price (%) xx.xx% xx.xx% xx.xx% xx.xx% xx.xx% xx.xx% xx.xx% -1.60%
1 Year Since Inception
Total Return (%) xx.xx% xx.xx%
Market Price (%) xx.xx% xx.xx%
2023
Total Return NAV(%) xx.xx%
Market Price (%) xx.xx%
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Performance current to the most recent month-end can be obtained by calling 833.333.9383. Short term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns. Market price is the price at which shares in the ETF can be brought or sold on the exchanges during trading hours, while the net asset value (NAV) represents the value of each share’s portion of the fund’s underlying assets and cash at the end of the trading day.
Name Symbol Stock price % Net assets Shares Held Market Value
United States Treasury Note/bond 0.75% 11/15/2024 91282CDH1 $98.22 54.88% 66,590,000 $65,407,721
United States Treasury Note/bond 3% 07/15/2025 91282CEY3 $97.90 23.81% 28,993,000 $28,383,447
United States Treasury Note/bond 3.875% 01/15/2026 91282CGE5 $98.52 23.81% 28,807,000 $28,380,521
United States Treasury Note/bond 2.625% 04/15/2025 91282CEH0 $98.00 2.63% 3,200,000 $3,135,904
First American Government Obligations Fund 12/01/2031 FGXXX $100.00 0.02% 23,958 $23,958
Cboe S&p Put Opt 06/24 5475 SPXW 240624P05475000 $14.10 -0.26% -218 $-307,380
Cash & Other Cash&Other $1.00 -4.90% -5,839,821 $-5,839,821
Data as of 06/24/2024. Fund holdings are subject to change at any time and should not be considered recommendations to buy or sell any security.
View full holdings

Distribution

Declaration Date Ex-Div Date Record Date Payable Date Amount ($)
9/29/2023 10/2/2023 10/3/2023 10/5/2023 $0.90
10/31/2023 11/1/2023 11/2/2023 11/6/2023 $0.91
11/30/2023 12/1/2023 12/4/2023 12/6/2023 $0.65
12/27/2023 12/28/2023 12/29/2023 1/4/2024 $0.50
1/31/2024 2/1/2024 2/2/2024 2/6/2024 $0.58
2/29/204 3/1/2024 3/4/2024 3/6/2024 $0.60
3/28/2024 4/1/2024 4/2/2024 4/4/2024 $0.55
4/30/2024 5/1/2024 5/2/2024 5/6/2024 0.7614
5/31/2024 6/3/2024 6/3/2024 6/5/2024 $0.5532
6/28/2024 7/1/2024 7/1/2024 7/3/2024 $x
7/31/2024 8/1/2024 8/1/2024 8/5/2024 $x
8/30/2024 9/3/2024 9/3/2024 9/5/2024 $x
9/30/2024 10/1/2024 10/1/2024 10/3/2024 $x
10/31/2024 11/1/2024 11/1/2024 11/4/2024 $x
11/29/2024 12/2/2024 12/2/2024 12/4/2024 $x
12/30/2024 12/31/2024 12/31/2024 1/5/2025 $x
Distribution Rate *
As of 05/31/2024
40.72%
Distribution Frequency Monthly
30-Day SEC Yield **
As of 05/31/2024
4.21%