Parametric Equity Premium Income ETF (PAPI)

NYSEARCA: PAPI · Real-Time Price · USD
26.04
-0.04 (-0.15%)
At close: Sep 3, 2025, 4:00 PM
26.04
0.00 (0.00%)
After-hours: Sep 3, 2025, 4:10 PM EDT
-0.15%
Assets$249.57M
Expense Ratio0.29%
PE Ratio16.23
Shares Out8.80M
Dividend (ttm)$1.92
Dividend Yield7.39%
Ex-Dividend DateAug 29, 2025
Payout FrequencyMonthly
Payout Ratio119.62%
Volume66,224
Open26.12
Previous Close26.08
Day's Range25.91 - 26.13
52-Week Low23.32
52-Week High28.46
Betan/a
Holdings196
Inception DateOct 16, 2023

About PAPI

Fund Home Page

The 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.

Asset Class Equity
Category Derivative Income
Region North America
Stock Exchange NYSEARCA
Ticker Symbol PAPI
ETF Provider Parametric

Top 10 Holdings

7.33% of assets
NameSymbolWeight
Morgan Stanley Instl Lqudty Govt InstlMVRXX1.73%
Corning IncorporatedGLW0.67%
Newmont CorporationNEM0.64%
InterDigital, Inc.IDCC0.62%
HF Sinclair CorporationDINO0.62%
Archer-Daniels-Midland CompanyADM0.62%
Cal-Maine Foods, Inc.CALM0.62%
Polaris Inc.PII0.61%
Baker Hughes CompanyBKR0.60%
Lennar CorporationLEN0.60%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Aug 29, 2025$0.15157Sep 5, 2025
Jul 31, 2025$0.14728Aug 6, 2025
Jun 30, 2025$0.1843Jul 7, 2025
May 30, 2025$0.14819Jun 5, 2025
Apr 30, 2025$0.20273May 6, 2025
Mar 31, 2025$0.19294Apr 4, 2025
Full Dividend History

Performance

PAPI had a total return of 2.76% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.71%.

News

PAPI: Strong Inflows But Strategy Showing Its Cracks

PAPI offers a more traditional covered call strategy with a modest 7.5% yield, appealing to income-focused investors seeking monthly distributions without excessive risk. The fund's diversified, value...

2 months ago - Seeking Alpha

PAPI: This ETF Can Work In Certain Markets

Parametric Equity Premium Income ETF provides investors with monthly distributions through an option writing strategy and a diversified portfolio. PAPI's approach differs from Eaton Vance's closed-end...

9 months ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

Using ETFs To Avoid Mag 7 Concentration

Blackrock's DYNF ETF increased 40x last week and became a $2B ETF, notes Todd Rosenbluth. He examines ETF trends.

Other symbols: DYNFGVUSTCAF
1 year ago - Schwab Network