Parametric Equity Premium Income ETF (PAPI)
| Assets | $199.70M |
| Expense Ratio | 0.29% |
| PE Ratio | 17.25 |
| Shares Out | 7.85M |
| Dividend (ttm) | $1.91 |
| Dividend Yield | 7.45% |
| Ex-Dividend Date | Apr 30, 2025 |
| Payout Ratio | 124.86% |
| 1-Year Return | -4.30% |
| Volume | 108,419 |
| Open | 25.92 |
| Previous Close | 25.54 |
| Day's Range | 25.53 - 25.95 |
| 52-Week Low | 23.32 |
| 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
7.33% of assets| Name | Symbol | Weight |
|---|---|---|
| Msilf Government Port | n/a | 1.15% |
| Philip Morris International Inc. | PM | 0.73% |
| Royal Gold, Inc. | RGLD | 0.70% |
| National Fuel Gas Company | NFG | 0.69% |
| Newmont Corporation | NEM | 0.69% |
| CME Group Inc. | CME | 0.69% |
| AT&T Inc. | T | 0.68% |
| Cardinal Health, Inc. | CAH | 0.68% |
| Elevance Health, Inc. | ELV | 0.67% |
| InterDigital, Inc. | IDCC | 0.66% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2025 | $0.20273 | May 6, 2025 |
| Mar 31, 2025 | $0.19294 | Apr 4, 2025 |
| 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 |
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: 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...