Parametric Equity Premium Income ETF (PAPI)
| Assets | $30.51M |
| Expense Ratio | 0.29% |
| PE Ratio | 15.48 |
| Shares Out | 1.50M |
| Dividend (ttm) | $0.81 |
| Dividend Yield | 3.08% |
| Ex-Dividend Date | Mar 28, 2024 |
| Payout Ratio | 47.65% |
| 1-Year Return | n/a |
| Volume | 9,158 |
| Open | 26.45 |
| Previous Close | 26.45 |
| Day's Range | 26.34 - 26.45 |
| 52-Week Low | 24.03 |
| 52-Week High | 28.23 |
| Beta | n/a |
| Holdings | 188 |
| 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
9.77% of assets| Name | Symbol | Weight |
|---|---|---|
| Msilf Government Port | n/a | 2.80% |
| Devon Energy Corporation | DVN | 0.84% |
| Texas Roadhouse, Inc. | TXRH | 0.80% |
| Valero Energy Corporation | VLO | 0.78% |
| National Fuel Gas Company | NFG | 0.77% |
| Southern Copper Corporation | SCCO | 0.77% |
| Cullen Frost Bankers Inc. | CFR | 0.76% |
| Dominion Energy, Inc. | D | 0.76% |
| Johnson Controls International plc | JCI | 0.76% |
| Hormel Foods Corporation | HRL | 0.73% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 28, 2024 | $0.18009 | Apr 4, 2024 |
| Feb 29, 2024 | $0.1415 | Mar 6, 2024 |
| Jan 31, 2024 | $0.11517 | Feb 6, 2024 |
| Dec 21, 2023 | $0.20828 | Dec 28, 2023 |
| Nov 30, 2023 | $0.16606 | Dec 6, 2023 |
News
Look To Equity Income ETF PAPI in Market Turbulence
Slower growth and signs of persistent inflation caused equities to slide on Thursday while bonds sold off. Investors seeking reliable income with quality equity exposure should consider the actively m...
9 Views on Adding Current Income in 2024
The U.S. stock market is chugging along in 2024 despite looming risks surrounding inflation, interest rates, and even AI. With many investors approaching retirement, too, the need for current income i...
Retirement Looming? Get Active Equity Income in PAPI
Have clients nearing retirement, or looking to invest for retirement yourself? Current income may appeal as an addition to your portfolio.
Consider PAPI to Position a Portfolio Defensively
Inflation picked up pace in February as Tuesday's consumer price index data came in hotter than expected. In the current environment, many investors may look to position their portfolios more defensiv...
Parametric's Zweber Talks Active Liquid Alts ETFs
ETF development reached new heights in 2023, with active strategies in particular taking a big leap forward. Active's flagship year in 2023 saw active funds pick up big flows, but also set off a ton o...