JPMorgan Premium Income Fund

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Passive index funds

The Motley Fool

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The Best High-Yield Dividend ETF to Invest $2,000 in Right Now

Summary

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77% Informative

The JPMorgan Nasdaq Equity Premium Income ETF combines rich yields with impressive fund-price gains.

The fund's management team relies on data science to select high-income stocks from the growth-oriented Nasdaq 100 market index.

Annual dividend yields currently stand at 9.3% after rising above 12% over the summer .

54% of the portfolio is currently invested in information technology and communication services.

If you have $ 2,000 available to start a position today , this fund could pay out dividends approaching $ 1,317 in 2044 .

That's an effective yield of 66% , though it could be higher or lower depending on how accurate my assumptions are.

At that point, the price per share won't really matter anymore. You'd never sell any part of that high-powered cash machine unless you absolutely had to.

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