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NYSEARCA:PAPI

Parametric Equity Premium Income ETF (PAPI) Price, Holdings, & News

$26.29 +0.18 (+0.69%)
(As of 12/20/2024 04:33 PM ET)

About Parametric Equity Premium Income ETF (NYSEARCA:PAPI)

Key Stats

Today's Range
$26.00
$26.44
50-Day Range
$26.11
$28.31
52-Week Range
$25.10
$28.46
Volume
22,002 shs
Average Volume
25,083 shs
Market Capitalization
$28.92 million
Assets Under Management
$110.76 million
Dividend Yield
3.67%
Net Expense Ratio
0.29%
Aggregate Rating
Hold

ETF Overview

The 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.

Parametric Equity Premium Income ETF Expenses

TypePAPIBuywrite ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.29%0.56%0.55%0.51%0.52%
Other Expenses0.00%0.25%0.49%0.57%0.53%
Total Expense0.29%0.63%0.71%0.73%0.71%
Fee Waiver0.00%-0.05%-0.51%-0.67%-0.56%
Net Expense0.29%0.62%0.61%0.58%0.59%
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PAPI ETF News Headlines

PAPI: This ETF Can Work In Certain Markets
Why Buffett, Griffin and 100 members of Congress are Piling into this One Investment
This isn't just another investment. It might be the last retirement stock you'll ever need. But this window of opportunity is closing fast.
Morgan Stanley Pathway Funds Set for ETF Conversion
PAPI: A New Call Writing ETF
See More Headlines

PAPI ETF - Frequently Asked Questions

Parametric Equity Premium Income ETF's stock was trading at $25.74 at the start of the year. Since then, PAPI stock has increased by 2.1% and is now trading at $26.29.
View the best growth stocks for 2024 here
.

Top institutional shareholders of Parametric Equity Premium Income ETF include LRI Investments LLC (4.37%).

Shares of PAPI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Fund Details

Issuer
Morgan Stanley
Fund Name
Parametric Equity Premium Income ETF
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:PAPI
Inception Date
10/16/2023
Fund Manager
Thomas Seto, James Reber, Alex Zweber, Michael Zaslavsky, Larry Berman, Matthew Maillet
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
N/A
Category
Strategy
Focus
Buywrite
Development Level
Developed Markets
Region
North America
Number of Holdings
202

Fund Statistics

Assets Under Management
$110.76 million
Average Daily Volume
$0.00
Discount/Premium
0.09%

Administrator, Advisor and Custodian

Administrator
JPMorgan Chase Bank N.A.
Advisor
Morgan Stanley Investment Management Inc.
Custodian
JPMorgan Chase Bank N.A.
Distributor
Foreside Fund Services, LLC
Transfer Agent
JPMorgan Chase Bank N.A.
Trustee
N/A
Lead Market Maker
Susquehanna

Options

Optionable
N/A
Short Interest
5,600 shs

Miscellaneous

Beta
0.41
Creation Unit
50,000
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Top 10 PAPI Holdings

PAPI Sector Exposure

PAPI Industry Exposure


This page (NYSEARCA:PAPI) was last updated on 12/22/2024 by MarketBeat.com Staff
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