# BlackRock's Income Fund Outperforms JEPI

> BlackRock's BALI ETF beats JEPI by 11.89 points yearly, but short track record raises concerns.
- Title: BlackRock's Income Fund Outperforms JEPI · 24/7 Wall St.
- Summary: BlackRock's BALI ETF beats JEPI by 11.89 points yearly, but short track record raises concerns. BlackRock's iShares U.S. Large Cap Premium Income Active ETF…
- Keywords: blackrock, je pi, bal i, etf, income fund, covered call, distribution, share price, BlackRock's, Income, Fund, Outperforms
- Source: 24/7 Wall St. — https://247wallst.com/investing/etf/2026/10/07/forget-jepi-blackrocks-income-fund-beat-it-by-11-89-points-over-the-past-year
- Author: Ryne Mauck
- Published: 2026-10-07T23:03:52+00:00
- Read time: 1 min
- Topics: blackrock, je pi, bal i, etf, income fund, covered call, distribution, share price
## JEPI's Monthly Cash Reputation
JEPI earned its following by paying monthly cash from a portfolio of large-cap u.s. stocks paired with an options overlay.
## BlackRock's BALI Outperforms JEPI
BlackRock's i shares u.s. large cap premium income active etf (bal i) is up 19.39% over the past year versus je pi's 7.5%.
## JEPI Pays More Per Position
On a $100,000 position, je pi paid $603.71 in october versus bal i's $506.59.
## Both Funds Cut October Payments
je pi's distribution fell to $0.34134 per share from $0.37142 in september, bal i's fell to $0.176748 from $0.214328.
## BALI's Short Track Record
bal i's price history starts on september 28, 2023, making a five-year or ten-year comparison with je pi impossible.
## How Each Fund Works
both funds pay monthly, but je pi uses large-cap stocks with options overlay while bal i focuses on price performance.
## Tax Implications for Switching
switching from je pi to bal i in an ira or 401(k) avoids tax bills, but taxable accounts face capital gains tax on selling je pi.
## Key takeaway

BlackRock's iShares U.S. Large Cap Premium Income Active ETF (BALI) outperformed JEPI by 11.89 points over the past year, though its short track record makes the lead unproven.