Princeton Adaptive Premium I (PAPIX)
| Fund Assets | 1.78M |
| Expense Ratio | n/a |
| Min. Investment | $2,500 |
| Turnover | n/a |
| Dividend (ttm) | 0.60 |
| Dividend Yield | 5.86% |
| Dividend Growth | 34.51% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | n/a |
| Previous Close | 10.20 |
| YTD Return | 0.49% |
| 1-Year Return | 6.56% |
| 5-Year Return | n/a |
| 52-Week Low | 9.44 |
| 52-Week High | 10.21 |
| Beta (5Y) | n/a |
| Holdings | 21 |
| Inception Date | n/a |
About PAPIX
Princeton Adaptive Premium Fund Class I shares represent an institutional-class mutual fund focused on generating capital appreciation and income through options-based strategies. The fund’s distinctive approach centers on selling short-term put options on the S&P 500 Index, typically with maturities of six to eight days, aiming to collect premium income in a disciplined, risk-managed manner. To mitigate downside exposure, the fund simultaneously purchases protective put options with differing strike prices. This options spread technique is designed to exploit discrepancies between perceived and actual market risk, seeking compelling, non-correlated returns relative to broader equity markets. Princeton Adaptive Premium Fund is categorized within the equity hedged segment, aligning it with investment vehicles that employ derivatives and hedging for risk management and alternative income generation. The fund maintains a substantial allocation to U.S. Treasury Bills and high-quality cash equivalents, supporting both liquidity and collateral needs in its option-selling process. Managed by Princeton Fund Advisors, LLC, the fund leverages proprietary risk models and extensive historical market data to guide portfolio construction. It offers daily liquidity and regulatory transparency as a 1940 Act registered mutual fund, serving institutional investors seeking diversification through an adaptive, systematic market premium collection strategy.
Performance
PAPIX had a total return of 6.56% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.40%.
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 |