Parametric Equity Premium Income ETF (PAPI)
26.31
-0.04
(-0.15%)
USD |
NYSEARCA |
Dec 12, 11:54
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.29% | 0.19% | 266.98M | 51240.33 |
| Weighted Average Dividend Yield | Turnover Ratio (Generic) | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 3.15% | 38.00% | 146.26M | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide consistent monthly income while maintaining prospects for capital appreciation by investing in dividend-paying equity securities of US companies from the Russell 3000 Index while using option contracts on the SPDR S&P 500 ETF Trust or on the S&P 500 Index to generate additional yield. |
| General | |
| Security Type | Exchange-Traded Fund |
| Broad Asset Class | Nontraditional Equity |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Relative Value |
| Peer Group | Options Arbitrage/Opt Strategies Funds |
| Global Macro | Liquid Alternatives |
| US Macro | Equity Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Options Arbitrage/Opt Strategies Funds |
| Fund Owner Firm Name | Morgan Stanley |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 12, 2025.
Asset Allocation
As of November 30, 2025.
| Type | % Net |
|---|---|
| Cash | 0.93% |
| Stock | 99.53% |
| Bond | 0.36% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | -0.82% |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide consistent monthly income while maintaining prospects for capital appreciation by investing in dividend-paying equity securities of US companies from the Russell 3000 Index while using option contracts on the SPDR S&P 500 ETF Trust or on the S&P 500 Index to generate additional yield. |
| General | |
| Security Type | Exchange-Traded Fund |
| Broad Asset Class | Nontraditional Equity |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Relative Value |
| Peer Group | Options Arbitrage/Opt Strategies Funds |
| Global Macro | Liquid Alternatives |
| US Macro | Equity Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Options Arbitrage/Opt Strategies Funds |
| Fund Owner Firm Name | Morgan Stanley |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |