What Did You Buy Today?

[fenders53]

(07-19-2021, 12:58 PM)rayray Wrote:

(07-19-2021, 12:50 PM)vbin Wrote: J&J considering ch11?

https://www.reuters.com/business/healthc...021-07-18/


kind of--but not exactly

(07-21-2021, 03:58 PM)kblake Wrote:

(07-21-2021, 02:17 PM)fenders53 Wrote: I tried to dig in on JEPI but the top five holdings are vague and the next five have low dividends.  What is the fund leveraging to get the very high yield?

Don't base it off the top 5 holdings because it holds funds and ETFS. Within their top 10 you have ACN, COST, INTU, ABBV, MSFT, LLY, PEP, TGT, UPS and PPG


But look at all their holdings and you will get a good idea of all the great companies this ETF holds. 

They also hold NEE, MA, DE, JNJ, BMY, HON, KMB, LOW in top 25. I think it's about 95 holdings in all. 

UNH, HSY, V, PG, MDLZ and XEL as well just to name a few

Good stocks for sure but nothing you listed pays half the advertised fund yield.  They are leveraging something pretty hard.  There is no easy 8% yield or we'd all sign up and shut off the stock market.  The other choice is they are distributing capital back.