FLRT yields 6.94% · JEPQ yields 11.47%● Live data
📍 JEPQ pulled ahead of the other in Year 1
Combined, FLRT + JEPQ cover 0 of 12 months — good coverage
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An exchange traded fund (ETF) that seeks to provide a high level of current income by investing primarily in floating-rate loans of non-investment-grade companies, which can serve as both an income driver and a hedge against rising interest rates.
Full FLRT Calculator →The fund seeks to achieve this objective by (1) creating an actively managed portfolio of equity securities comprised significantly of those included in the fund’s primary benchmark, the Nasdaq-100 Index (the Benchmark), and (2) through equity-linked notes (ELNs), selling call options with exposure to the Benchmark. It is non-diversified.
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⚠️ Educational purposes only. Not financial advice. Congressional trades sourced from SEC STOCK Act filings via FMP. Past performance does not guarantee future results.