Parametric Equity Premium Income ETF (PAPI)
| Assets | $192.07M |
| Expense Ratio | 0.29% |
| PE Ratio | 16.89 |
| Shares Out | 7.55M |
| Dividend (ttm) | $1.88 |
| Dividend Yield | 7.35% |
| Ex-Dividend Date | Mar 31, 2025 |
| Payout Ratio | 124.14% |
| 1-Year Return | -3.05% |
| Volume | 32,133 |
| Open | 25.45 |
| Previous Close | 25.39 |
| Day's Range | 25.39 - 25.56 |
| 52-Week Low | 23.32 |
| 52-Week High | 28.46 |
| Beta | n/a |
| Holdings | 197 |
| 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
8.65% of assets| Name | Symbol | Weight |
|---|---|---|
| Msilf Government Port | n/a | 2.50% |
| Philip Morris International Inc. | PM | 0.73% |
| Newmont Corporation | NEM | 0.72% |
| Royal Gold, Inc. | RGLD | 0.72% |
| Elevance Health, Inc. | ELV | 0.69% |
| AT&T Inc. | T | 0.68% |
| National Fuel Gas Company | NFG | 0.66% |
| Consolidated Edison, Inc. | ED | 0.65% |
| The Coca-Cola Company | KO | 0.65% |
| Cencora, Inc. | COR | 0.64% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2025 | $0.19294 | Apr 4, 2025 |
| Feb 28, 2025 | $0.13401 | Mar 6, 2025 |
| Jan 31, 2025 | $0.13862 | Feb 6, 2025 |
| Dec 23, 2024 | $0.16404 | Dec 27, 2024 |
| Nov 29, 2024 | $0.15442 | Dec 5, 2024 |
| Oct 31, 2024 | $0.1325 | Nov 6, 2024 |
News
Diversify Your Income Portfolio With Actively Managed PAPI
The latest data from the Federal Reserve reflects a diminished outlook for growth this year. With stagflation and recession concerns on the rise, investors looking to hedge their income in quality com...
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...
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...