Jepi stock forecast the June 2024 JEPI stock forecast

The June 2024 JEPI stock forecast suggests tactical NAV stabilization as equity markets consolidate, preserving attractive distribution yields for income investors. Part of that owes to the above expectation of rate cuts and a soft landing. In that case, even high yield could appeal. The Franklin High Yield Corporate ETF (FLHY) has done really well over the last few years with its active approach. Charging 40 bps, it has returned 13.4% over the last 12 months and 4.8% over the last five years (annualized). Both numbers have helped it outperform both its ETF Database Category and Factset Segment averages. The NEOS S&P 500 High Income ETF, NYSEARCA:SPYI , closed at $52.31 , slipping just 0.10% on the day. Despite near-term noise, its long-term record is compelling. Since its August 2022 launch, SPYI has returned 50.58% in total , equal to a 16.86% annualized gain . That performance combines 4.71% price appreciation with a trailing yield of nearly 12% , proving it can compete with the S&P 500 , which advanced 10.72% year-to-date versus SPYI’s 9.76% . For a covered call ETF, tracking the index this closely while maintaining double-digit yield is rare. Mid-year JEPI stock forecast updates note that year-to-date total returns have outpaced peer covered-call ETFs by approximately 1.2 percentage points.