Princeton Adaptive Premium Fund Class A shares (PAPAX)
| Fund Assets | 1.78M |
| Expense Ratio | 1.83% |
| Min. Investment | $2,500 |
| Turnover | n/a |
| Dividend (ttm) | 0.60 |
| Dividend Yield | 5.72% |
| Dividend Growth | 34.51% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 8, 2025 |
| Previous Close | 9.85 |
| YTD Return | 0.38% |
| 1-Year Return | 5.47% |
| 5-Year Return | n/a |
| 52-Week Low | 9.76 |
| 52-Week High | 10.46 |
| Beta (5Y) | n/a |
| Holdings | 21 |
| Inception Date | n/a |
About PAPAX
Princeton Adaptive Premium Fund Class A is an open-end mutual fund focused on generating capital appreciation and income through a specialized options strategy. The fund primarily sells S&P 500 put options with short timeframes, typically six to eight days, to collect premium income. To manage risk, it also purchases offsetting put options on the same index, creating a structured hedge. This approach aims to deliver consistent, non-correlated returns by capitalizing on the difference between perceived and actual market risk. The fund is designed for investors seeking alternative sources of income and diversification, with daily liquidity and a focus on absolute returns rather than benchmark tracking. Princeton Adaptive Premium Fund Class A is managed by Princeton Fund Advisors, LLC, a registered investment advisor with extensive experience in alternative asset management. The fund is available on NASDAQ under the ticker PAPAX and is structured to provide regular tax reporting and transparent fee disclosures.
Performance
PAPAX had a total return of 5.47% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.87%.
Top 10 Holdings
96.45% of assets| Name | Symbol | Weight |
|---|---|---|
| Dreyfus Government Cash Management Fund | DGCXX | 26.31% |
| United States Treasury Bills - B 05/30/23 | B.0 05.30.23 | 15.24% |
| United States Treasury Bills - B 05/23/23 | B.0 05.23.23 | 14.01% |
| United States Treasury Bills - B 05/25/23 | B.0 05.25.23 | 14.01% |
| United States Treasury Bills - B 05/18/23 | B.0 05.18.23 | 12.37% |
| United States Treasury Bills - B 05/16/23 | n/a | 9.49% |
| United States Treasury Bills - B 05/04/23 | B.0 05.04.23 | 1.65% |
| United States Treasury Bills - B 05/09/23 | B.0 05.09.23 | 1.65% |
| United States Treasury Bills - B 05/11/23 | B.0 05.11.23 | 1.65% |
| VIXW US 05/10/23 C18 | n/a | 0.06% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 8, 2025 | $0.442 | Dec 9, 2025 |
| Sep 29, 2025 | $0.0524 | Sep 30, 2025 |
| Jun 27, 2025 | $0.0519 | Jun 30, 2025 |
| Mar 28, 2025 | $0.0512 | Mar 31, 2025 |
| Dec 9, 2024 | $0.2899 | Dec 10, 2024 |
| Sep 27, 2024 | $0.0515 | Sep 30, 2024 |