Parametric Equity Premium Income ETF (PAPI)
| Assets | $40.05M |
| Expense Ratio | 0.29% |
| PE Ratio | 15.99 |
| Shares Out | 1.45M |
| Dividend (ttm) | $1.33 |
| Dividend Yield | 5.17% |
| Ex-Dividend Date | Jun 28, 2024 |
| Payout Ratio | 82.70% |
| 1-Year Return | n/a |
| Volume | 16,660 |
| Open | 25.75 |
| Previous Close | 25.69 |
| Day's Range | 25.66 - 25.87 |
| 52-Week Low | 24.03 |
| 52-Week High | 28.23 |
| Beta | 0.37 |
| Holdings | 185 |
| Inception Date | Oct 16, 2023 |
About PAPI
Fund Home PageThe Parametric Equity Premium Income ETF (PAPI) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in a broad equity portfolio of US dividend payers, while utilizing a laddered, naked call writing strategy on the S&P 500. The fund seeks to provide monthly income and capital appreciation. PAPI was launched on Oct 16, 2023 and is issued by Parametric.
Top 10 Holdings
8.60% of assets| Name | Symbol | Weight |
|---|---|---|
| Exxon Mobil Corporation | XOM | 1.12% |
| Msilf Government Port | n/a | 0.93% |
| Texas Roadhouse, Inc. | TXRH | 0.91% |
| Corning Incorporated | GLW | 0.88% |
| Amphenol Corporation | APH | 0.83% |
| Johnson Controls International plc | JCI | 0.80% |
| Garmin Ltd. | GRMN | 0.79% |
| Southern Copper Corporation | SCCO | 0.78% |
| National Fuel Gas Company | NFG | 0.78% |
| Devon Energy Corporation | DVN | 0.77% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 28, 2024 | $0.16408 | Jul 5, 2024 |
| May 31, 2024 | $0.18497 | Jun 6, 2024 |
| Apr 30, 2024 | $0.17156 | May 6, 2024 |
| Mar 28, 2024 | $0.18009 | Apr 4, 2024 |
| Feb 29, 2024 | $0.1415 | Mar 6, 2024 |
| Jan 31, 2024 | $0.11517 | Feb 6, 2024 |
News
Supplement Your Bond Income With This Active ETF
Bond traders are upping the ante when it comes to bullish bets, but with rates and subsequently yields expected to fall, fixed income investors can supplement bond income with the Parametric Equity Pr...
PAPI's Systematic Income Options Strategy Benefits Investors
The rise of options-based strategies in the last few years leaves investors with several choices when seeking income. The Parametric Equity Premium Income ETF (PAPI) offers the dual benefit of active ...
Why Covered Calls Can Make a Good Alternative
Covered call ETFs remain in focus to advisors, and as such, to asset managers. Indeed, Fidelity recently joined the growing group of well-established asset managers that offer enhanced income ETFs.