Parametric Equity Premium Income ETF

PAPI CUSIP: 61774R866 Morningstar Category: Derivative Income
Market Price

as of 02/14/2025

$26.58

CHANGE

(-0.30%)

-$0.08

Nav

as of 02/14/2025

$26.52

CHANGE

(-0.16%)

-$0.04

PAPI

CUSIP: 61774R866

MORNINGSTAR CATEGORY
Derivative Income

Market Price

as of 02/14/2025

$26.58

Market Price Change

as of 02/14/2025

-$0.08 (-0.30%)

Nav

as of 02/14/2025

$26.52

Nav Change

as of 02/14/2025

-$0.04 (-0.16%)

Parametric Equity Premium Income ETF
PAPI CUSIP: 61774R866
 
 

Why PAPI

Why PAPI

Gain exposure to an actively managed portfolio of U.S. companies that have demonstrated high current income with a systematic call writing program that seeks to generate additional yield.

Tap into two proven Parametric capabilities – systematic Dividend Income and rules-based call selling – in a single efficient vehicle.

Access a low-cost and transparent ETF that seeks competitive performance, consistent monthly income distributions, and tax efficiency.

Gain exposure to an actively managed portfolio of U.S. companies that have demonstrated high current income with a systematic call writing program that seeks to generate additional yield.

Tap into two proven Parametric capabilities – systematic Dividend Income and rules-based call selling – in a single efficient vehicle.

Access a low-cost and transparent ETF that seeks competitive performance, consistent monthly income distributions, and tax efficiency.

Investment Objective

Seeks to provide consistent monthly income while maintaining prospects for capital appreciation.

 
 
Pricing
Market Price

as of 02/14/2025

$26.58

Change

(-0.30%)

-$0.08

NAV

as of 02/14/2025

$26.52

Change

(-0.16%)

-$0.04

Premium/Discount

as of 02/14/2025

$0.06

Since Inception High
Market Price

as of 11/25/2024

$28.31

Since Inception Low
Market Price

as of 10/27/2023

$24.06

Since Inception High
NAV

as of 11/25/2024

$28.28

Since Inception Low
NAV

as of 10/27/2023

$24.07

30 Day Median
Bid/Ask Spread

as of 02/14/2025

0.27%

Pricing

Market Price

as of 02/14/2025

$26.58

Market Price change

as of 02/14/2025

-$0.08 (-0.30%)

NAV

as of 02/14/2025

$26.52

NAV Change

as of 02/14/2025

-$0.04 (-0.16%)

Premium/Discount

as of 02/14/2025

$0.06

Since Inception High

as of 11/25/2024

Market Price

$28.31

Since Inception Low

as of 10/27/2023

Market Price

$24.06

Since Inception High

as of 11/25/2024

NAV

$28.28

Since Inception Low

as of 10/27/2023

NAV

$24.07

30-Day Median Bid/
Ask Spread

as of 02/14/2025

0.27%

Historical Price

As of 02/14/2025 (updated daily upon availability)

    

Past performance is not indicative of future results.

 
 
Historical Price
As of 02/14/2025
(updated daily upon availability)
From
To
  

Past performance is not indicative of future results.

 
 

Premium/Discount

As of 02/14/2025 (updated upon availability)

Premium/Discount
As of 02/14/2025
(updated upon availability)

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Past performance is not indicative of future results. The above frequency distribution chart presents information about the difference between the daily market price for shares of the Fund and the Fund's reported Net Asset Value. The amount that the Fund's market price is above the reported NAV is called the premium. The amount that the Fund's market price is below the reported NAV is called the discount. The market price is determined using the midpoint between the highest bid and the lowest offer on the listing exchange, as of the time that the Fund's NAV is calculated (usually 4:00 p.m. EST).

Number of Days at Premium / Discount

Current Quarter Q1 ‘25 Q2 ‘25 Q3 ‘25 Q4 ‘25 Since Inception
Premium 28 - - - - 248
NAV 0 - - - - 30
Discount 2 - - - - 53
 
 

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