Parametric Equity Premium Income ETF (PAPI)
| Assets | $101.86M |
| Expense Ratio | 0.29% |
| PE Ratio | 16.05 |
| Shares Out | 3.70M |
| Dividend (ttm) | $1.90 |
| Dividend Yield | 6.93% |
| Ex-Dividend Date | Oct 31, 2024 |
| Payout Ratio | 111.19% |
| 1-Year Return | +10.89% |
| Volume | 11,314 |
| Open | 27.40 |
| Previous Close | 27.43 |
| Day's Range | 27.31 - 27.51 |
| 52-Week Low | 24.85 |
| 52-Week High | 28.23 |
| Beta | n/a |
| Holdings | 196 |
| 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
6.54% of assets| Name | Symbol | Weight |
|---|---|---|
| Msilf Government Port | n/a | 0.96% |
| Garmin Ltd. | GRMN | 0.65% |
| International Paper Company | IP | 0.63% |
| Snap-on Incorporated | SNA | 0.63% |
| Baker Hughes Company | BKR | 0.62% |
| DT Midstream, Inc. | DTM | 0.62% |
| InterDigital, Inc. | IDCC | 0.61% |
| Unum Group | UNM | 0.61% |
| ONEOK, Inc. | OKE | 0.61% |
| Emerson Electric Co. | EMR | 0.61% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 31, 2024 | $0.133 | Nov 6, 2024 |
| Sep 30, 2024 | $0.171 | Oct 4, 2024 |
| Aug 30, 2024 | $0.147 | Sep 6, 2024 |
| Jul 31, 2024 | $0.122 | Aug 6, 2024 |
| Jun 28, 2024 | $0.164 | Jul 5, 2024 |
| May 31, 2024 | $0.185 | Jun 6, 2024 |
News
Build More Yield With an Active Equity ETF Strategy
While bond strategies may still have merit for yield-seekers, equity income ETFs can offer several unique benefits. Equity income ETFs can serve as a one-ticker solution for both cash flow and capita...
PAPI: A New Call Writing ETF
Parametric Equity Premium Income ETF is a new call-writing fund that aims to provide monthly distributions to its investors. The PAPI ETF has a lower expense ratio compared to the average ETF and is s...