There’s no such thing as a perfect investment — each one is ultimately a trade-off. Higher-growth stocks are usually riskier, for instance, while income-producing holdings often don’t produce a great deal of capital appreciation.
For investors who want (or need) monthly investment income to help cover their living expenses, however, the JPMorgan Equity Premium Income ETF (JEPI) is an intriguing prospect. Not only does its trailing yield stand at an impressive 8.6%, but it holds stocks that at least offer some potential upside.
The question is, is it the right choice for you?
This post originally appeared at The Motley Fool.