Forget the Headline Yield. This Nasdaq Income ETF Told the IRS Most of Your Payout Was Return of Capital

QQQI attracts investors with fat monthly payouts from Nasdaq-100 options, but what the fund quietly tells the IRS about those distributions should change how you think about every dollar you receive.

24/7 Wall Street • Sep 29, 2026

Long Bonds vs. Derivative Income: The Income Dilemma

When pursuing income in today's market, are investors better off allocating to long-dated bond funds or derivative-income ETFs? That question was center stage at a Future Proof panel, posed by my friend, ETF industry veteran Dave Nadig, in a debate that's become familiar to advisors navigating client income needs.

ETF Trends • Sep 24, 2026

One Dollar of Extra Income Costs a Retired Couple $2,300 a Year in Medicare Premiums. These Funds Pay Without Crossing the Line

A single dollar of extra retirement income can quietly trigger a massive Medicare premium hike, and the fund most retirees rely on for monthly income happens to be one of the worst offenders when accounts sit in the wrong place.

24/7 Wall Street • Sep 14, 2026

JPMorgan Built a Version of JEPI Designed to Keep the IRS Waiting

JEPI's monthly income has made it a default choice for yield-hungry investors, but a quiet tax problem erodes those payouts for anyone holding shares in a taxable account.

24/7 Wall Street • Aug 31, 2026

ROCY: Full Coverage, Thin Spreads, And A Structure Still Taking Shape

JPMorgan Equity Premium Yield ETF is a new S&P 500-adjacent covered call strategy with an active but minimally deviated portfolio. I maintain a Hold rating on ROCY, as its income-vs-upside positioning and tax advantages require more empirical data to confirm differentiation. ROCY's structure suggests an income tilt, but performance and ROC tax benefits are unproven compared to established S&P 500 covered call peers.

Seeking Alpha • Aug 28, 2026

ROCY: A Different Strategy To Generate Premium You Need To Know

The JPMorgan Equity Premium Yield ETF (ROCY) has a differentiated option strategy with a current 11.93% distribution yield and active, data-driven stock selection. ROCY employs call spreads, enabling partial upside participation and more favorable outcomes in flat or moderately bullish markets. Compared to peers like JEPI, ROCY's structure may outperform in sideways markets but lacks downside protection and has limited historical data to assess risk.

Seeking Alpha • Jun 12, 2026

High-Yield And Tax-Advantaged Income Funds From NEOS (April Update)

NEOS Investments' high-income ETFs deliver monthly distributions with tax efficiency, leveraging section 1256 options for enhanced yields and lower tax burdens. QQQI, SPYI, and other NEOS equity funds offer yields up to 14.6%, with most distributions classified as return of capital, supporting both income and portfolio diversification. Recent NEOS launches in alternatives—BTCI, NEHI, IAUI, MLPI—expand high-yield, tax-advantaged opportunities, though volatility and distribution variability warrant careful allocation.

Seeking Alpha • Apr 4, 2026

ROCY: JPMorgan Provides The Tax-Advantaged Return Of Capital Focused ETF

JPMorgan Equity Premium Yield ETF (ROCY) targets tax-advantaged distributions, primarily via return of capital, appealing to taxable account investors. ROCY generates yield by selling call option spreads and investing in U.S. large caps, aiming for monthly distributions and lower volatility than the broader market. The ETF employs a proprietary, data-driven equity allocation process to maximize risk-adjusted returns while offsetting realized gains with losses to support ROC distributions.

Seeking Alpha • Apr 2, 2026

J.P. Morgan Expands Options ETF Lineup With New ROC Duo

J.P. Morgan Asset Management has expanded its options ETF lineup with the listing of the JPMorgan Nasdaq Equity Premium Income ETF (ROCQ) and the JPMorgan U.S. Equity Premium Income ETF (ROCY) on Nasdaq.

ETF Trends • Mar 20, 2026

J.P. Morgan Debuts Equity Premium Yield ETFs ROCY and ROCQ on Nasdaq

New Active ETFs Expand Innovative Derivative Income Suite NEW YORK, March 19, 2026 /PRNewswire/ -- J.P. Morgan Asset Management today announced the launch of two new active ETFs on the Nasdaq Exchange as part of the firm's landmark derivative income suite, the JPMorgan Equity Premium Yield ETF (ROCY) and the JPMorgan Nasdaq Equity Premium Yield ETF (ROCQ).

PRNewsWire • Mar 19, 2026