Elevation Series Trust - TrueShares S&P Autocallable Defensive Income ETF (PAYM)

Assets	n/a
Expense Ratio	n/a
PE Ratio	n/a
Shares Out	3.94M
Dividend (ttm)	$0.60
Dividend Yield	2.39%
Ex-Dividend Date	Mar 31, 2026
Payout Frequency	Monthly
Payout Ratio	n/a

Volume	7,479
Open	24.74
Previous Close	25.07
Day's Range	24.74 - 25.22
52-Week Low	21.80
52-Week High	26.24
Beta	n/a
Holdings	8
Inception Date	Dec 29, 2025

About PAYM

PAYM aims to provide moderate monthly income with some downside protection, however, investors face loss of principal if the equity index falls sharply. PAYM aims to provide a lower-volatility equity strategy as compared to its sister product, PAYH. The strategy is designed to smooth returns and manage risk in changing market conditions. The ETF is actively managed, aiming to provide exposure to an autocallable index that tracks a portfolio of synthetic autocallable notes linked to a custom volatility index. The fund gains exposure to autocallable notes through total return swaps, rather than by directly holding the autocallables. Swap exposure is rebalanced or rolled weekly. Exposure to S&P 500 futures may be adjusted up to seven times daily, increasing exposure in calm markets and reducing it during volatility to stabilize risk and potentially reduce drawdowns. The fund may invest up to 25% of its assets in a Cayman Islands subsidiary for derivatives exposure.

• Region: North America
• Stock Exchange: BATS
• Ticker Symbol: PAYM

Top Holdings

Name	Symbol	Weight
Recv Us Large Cap Moderate Income Autocallable	n/a	99.99%
Recv Tactical Put Participation Moderate Index	n/a	96.65%
United States Treasury Bills	WIB.0 06.16.26	48.93%
United States Treasury Bills	B.0 09.17.26	48.47%
State Street U.S. Government Money Market Portfolio	SALXX	0.12%
Cash	n/a	-0.72%
Payb Tactical Put Participation Mod Index 10bps	n/a	-96.60%
Payb Us Large Cap Mod Inc Ac Sofr+10bps	n/a	-96.84%

Dividend History

Ex-Dividend	Amount	Pay Date
Mar 31, 2026	$0.187	Apr 1, 2026
Feb 27, 2026	$0.20558	Mar 2, 2026
Jan 30, 2026	$0.20992	Feb 2, 2026