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NYSEARCA:PAPI

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

$26.58
-0.21 (-0.78%)
(As of 09/6/2024 ET)
Today's Range
$26.53
$26.94
50-Day Range
$25.55
$27.35
52-Week Range
$24.03
$28.23
Volume
17,647 shs
Average Volume
21,597 shs
Market Capitalization
$29.24 million
Assets Under Management
$65.57 million
Dividend Yield
3.67%
Net Expense Ratio
0.29%

About Parametric Equity Premium Income ETF

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.

PAPI Stock Price History

PAPI ETF News Headlines

PAPI: A New Call Writing ETF
Say Goodbye to the US Dollar
The warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." I believe the American people deserve to control the fate of their own life savings which is why I had my team put together our latest guide to protect your hard-earned wealth before it's too late...
See More Headlines
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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
188

Fund Statistics

Assets Under Management
$65.57 million
Average Daily Volume
$0.00
Discount/Premium
0.03%

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
37,700 shs

Miscellaneous

Beta
0.41
Creation Unit
50,000
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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%0.58%0.54%
Total Expense0.29%0.63%0.71%0.74%0.71%
Fee Waiver0.00%-0.05%-0.53%-0.68%-0.58%
Net Expense0.29%0.62%0.61%0.58%0.59%

Parametric Equity Premium Income ETF (PAPI) Holdings & Exposure

PAPI Sector Exposure

PAPI Industry Exposure


PAPI ETF - Frequently Asked Questions

How have PAPI shares performed this year?

Parametric Equity Premium Income ETF's stock was trading at $25.74 at the beginning of the year. Since then, PAPI shares have increased by 3.3% and is now trading at $26.5785.
View the best growth stocks for 2024 here
.

How do I buy shares of Parametric Equity Premium Income ETF?

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.

This page (NYSEARCA:PAPI) was last updated on 9/7/2024 by MarketBeat.com Staff

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