Parametric Equity Premium Income ETF (PAPI)
| Assets | $162.48M |
| Expense Ratio | 0.29% |
| PE Ratio | 17.71 |
| Shares Out | 6.15M |
| Dividend (ttm) | $1.86 |
| Dividend Yield | 7.00% |
| Ex-Dividend Date | Feb 28, 2025 |
| Payout Ratio | 124.08% |
| 1-Year Return | +0.18% |
| Volume | 126,719 |
| Open | 26.88 |
| Previous Close | 26.67 |
| Day's Range | 26.53 - 26.88 |
| 52-Week Low | 25.51 |
| 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
7.83% of assets| Name | Symbol | Weight |
|---|---|---|
| Msilf Government Port | n/a | 1.84% |
| Elevance Health, Inc. | ELV | 0.71% |
| Unum Group | UNM | 0.67% |
| Gilead Sciences, Inc. | GILD | 0.67% |
| National Fuel Gas Company | NFG | 0.67% |
| Royalty Pharma plc | RPRX | 0.66% |
| Fox Corporation | FOX | 0.66% |
| AT&T Inc. | T | 0.65% |
| Antero Midstream Corporation | AM | 0.65% |
| InterDigital, Inc. | IDCC | 0.65% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Sep 30, 2024 | $0.17129 | Oct 4, 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: One Active Strategy, Two Income Sources
Income investors seeking the potential benefits of an actively managed strategy this year should consider the Parametric Equity Premium Income ETF (PAPI). The fund combines dividends income with a sys...
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...