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NBO vs JEPQ: Dividend Comparison 2026

NBO yields 3.42% · JEPQ yields 11.10%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 JEPQ wins by $22.3K in total portfolio value
10 years
NBO
NBO
● Live price
3.42%
Share price
$8.48
Annual div
$0.29
5Y div CAGR
-12.2%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$22.5K
Annual income
$105.90
Full NBO calculator →
JEPQ
JPMorgan Nasdaq Equity Premium Income ETF
● Live price
11.10%
Share price
$55.52
Annual div
$6.16
5Y div CAGR
0%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$44.8K
Annual income
$2,152.59
Full JEPQ calculator →

Portfolio growth — NBO vs JEPQ

📍 JEPQ pulled ahead of the other in Year 1

Annual dividend income

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Recession Test — Did They Cut Dividends?

How each stock treated shareholders during the 3 biggest crises of the last 20 years

Crisis PeriodNBOJEPQ
2008–2009
GFC
— No data— No data
2020 Q1–Q2
COVID
— No data— No data
2022 Q4
Rate Hike
— No data— No data
Based on dividend payment history. "Increased" = dividend grew during crisis. "Maintained" = held within 3%. "Cut" = reduced by more than 3%.
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Dividend Calendar Overlap

Combined, NBO + JEPQ cover 0 of 12 monthsgood coverage

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
NBO pays
JEPQ pays
Both pay
Neither
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Tax Bracket Optimizer

Which stock is actually better after tax? Adjust your rate to find out.

NBO
Annual income on $10K today (after 15% tax)
$290.68/yr
After 10yr DRIP, annual income (after tax)
$90.02/yr
JEPQ
Annual income on $10K today (after 15% tax)
$943.83/yr
After 10yr DRIP, annual income (after tax)
$1,829.70/yr
At 15% tax rate, JEPQ beats the other by $1,739.69/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

What's the optimal mix of NBO + JEPQ for your $10,000?

NBO: 50%JEPQ: 50%
100% JEPQ50/50100% NBO
Portfolio after 10yr
$33.6K
Annual income
$1,129.24/yr
Blended yield
3.36%
🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

NBO buys
0
JEPQ buys
0
No recent congressional trades found for NBO or JEPQ in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricNBOJEPQ
Forward yield3.42%11.10%
Annual dividend / share$0.29$6.16
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR-12.2%0%
Portfolio after 10y$22.5K$44.8K
Annual income after 10y$105.90$2,152.59
Total dividends collected$1.9K$16.3K
Payment frequencyquarterlymonthly
SectorStockETF

Year-by-year: NBO vs JEPQ ($10,000, DRIP)

YearNBO PortfolioNBO Income/yrJEPQ PortfolioJEPQ Income/yrGap
1← crossover$11,000$300.26$11,930$1,110.39$930.00JEPQ
2$12,041$271.03$14,133$1,224.34$2.1KJEPQ
3$13,128$243.44$16,632$1,340.46$3.5KJEPQ
4$14,264$217.78$19,454$1,457.97$5.2KJEPQ
5$15,457$194.17$22,626$1,576.08$7.2KJEPQ
6$16,712$172.65$26,175$1,694.09$9.5KJEPQ
7$18,035$153.17$30,133$1,811.32$12.1KJEPQ
8$19,433$135.64$34,531$1,927.17$15.1KJEPQ
9$20,913$119.93$39,403$2,041.08$18.5KJEPQ
10$22,483$105.90$44,787$2,152.59$22.3KJEPQ

NBO vs JEPQ: Complete Analysis 2026

NBOStock

Neuberger Berman New York Municipal Fund, Inc. is a closed-ended fixed income mutual fund launched and managed by Neuberger Berman Management LLC. The fund is co-managed by Neuberger Berman LLC. It invests in the fixed income markets of the United States. The fund primarily invests in tax-exempt municipal bonds with remaining maturities of less than 15 years. It seeks to invest in securities that are rated in the four highest categories by a statistical rating organization. The fund benchmarks the performance of its portfolio against the Barclays 10-Year Municipal Bond Index. It was formerly known as Neuberger Berman California Intermediate Municipal Fund Inc. Neuberger Berman New York Municipal Fund, Inc. was formed on September 24, 2002 and is domiciled in the United States.

Full NBO Calculator →

JEPQETF

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.

Full JEPQ Calculator →
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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.