JPMorgan Hedged Equity La...

AMEX: HELO · Real-Time Price · USD
62.26
0.15 (0.24%)
At close: Jun 24, 2025, 3:59 PM
62.27
0.02%
After-hours: Jun 24, 2025, 04:04 PM EDT
0.24%
Bid 61.42
Market Cap 3.17B
AUM 3.2B
NAV 61.87
EPS (ttm) 2.47
PE Ratio (ttm) 25.19
Shares Out 50.94M
Inception Date Sep 28, 2023
Ask 62.38
Volume 282.22K
Open 62.23
Previous Close 62.11
Day's Range 62.16 - 62.32
52-Week Range 55.83 - 63.81
Holdings 170
Expense Ratio 0.50%

About HELO

HELO seeks capital appreciation by investing in large-cap US stocks while seeking to provide a continuous market hedge using a put spread collar. The fund attempts to mirror the sector weights in the S&P 500, although the fund adviser has discretion on the selection process and may skew individual weights. HELO provides a laddered options exposure by purchasing put options on ETFs that provide exposure to the S&P 500 Index. The positions are laddered over multiple three-month periods staggered a month apart. The positions will expire at various dates such that each period, a portion of the options portfolio resets. The long puts are initiated at a higher strike price and the fund also sells puts at a lower strike price, resulting in a put option spread. The put spreads are partially funded by writing calls, which effectively caps the fund's upside participation. Note that the strategy will not be most profitable in rising markets and may not provide protection when the market is only slightly down.

Asset Class U.S. Equity
Ticker Symbol HELO
Inception Date Sep 28, 2023
Provider Other
Exchange AMEX

Top Sectors

All Sectors

Top 10 Holdings 37.02% of assets

Name Symbol Weight
Microsoft Corporatio... MSFT 7.74%
Nvidia Corporation NVDA 7.15%
Apple Inc. AAPL 5.63%
Amazon.com, Inc. AMZN 4.23%
Meta Platforms, Inc. META 3.42%
Broadcom Inc. AVGO 2.22%
Alphabet Inc. GOOGL 1.88%
Tesla, Inc. TSLA 1.62%
Mastercard Incorpora... MA 1.62%
Visa Inc. V 1.51%
View More Holdings

Dividends Dividend Yield 0.66%

Ex-Dividend Amount Payment Date
Mar 25, 2025 $0.0880 Mar 27, 2025
Dec 24, 2024 $0.1510 Dec 27, 2024
Sep 24, 2024 $0.0816 Sep 26, 2024
Jun 25, 2024 $0.0842 Jun 27, 2024
Mar 19, 2024 $0.0525 Mar 22, 2024
Full Dividend History