1 Incredible Reason to Buy This Income-Generating ETF in October

Last month, the Federal Reserve cut interest rates for the first time in nine months. With softness permeating the jobs market, the consensus on Wall Street indicates the central bank may be backed into a corner and will need to ease rates further. In fact, Goldman Sachs forecasts two more rate cuts before the end of this year and another pair over the course of 2026. And interest rates are what make the JPMorgan Equity Premium Income ETF (NYSEMKT: JEPI) an interesting near- and long-term bet for income-hungry investors.Home to nearly $41 billion in assets under management, the JPMorgan Equity Premium Income ETF is a great example of a fund with a name that can deceive inexperienced investors, though not intentionally. Newer market participants see "equity premium income" in the title and may assume the ETF leans heavily into high-dividend stocks, such as real estate investment trusts (REITs) and utilities.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool