Products & Performance
ETFs
U.S. Equity
Parametric Equity Premium Income ETF
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PAPI |
CUSIP: 61774R866 |
MORNINGSTAR CATEGORY |
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Market Price |
as of 10/04/2024 |
$27.30 |
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Market Price Change |
as of 10/04/2024 |
$0.12 (0.44%) |
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Nav |
as of 10/04/2024 |
$27.27 |
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Nav Change |
as of 10/04/2024 |
$0.18 (0.67%) |
Products & Performance
ETFs
U.S. Equity
Parametric Equity Premium Income ETF
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PAPI
CUSIP: 61774R866
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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.
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Pricing
Pricing
Historical Price As of 10/04/2024 (updated daily upon availability) Past performance is not indicative of future results. Historical Price
As of
10/04/2024
(updated daily upon availability) Past performance is not indicative of future results. Premium/Discount As of 10/04/2024 (updated upon availability) Premium/Discount
As of
10/04/2024
(updated upon availability) 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
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
Expense Ratio1 Gross 0.29% Net 0.29% |
Performance & Distributions
Performance data quoted represents past performance, which is no guarantee of future results, and current performance may be lower or higher than the figures shown. For the most recent performance figures, please select the "daily" timeframe or call 1-800-836-2414. Investment returns and principal value will fluctuate and Fund shares, when redeemed, may be worth more or less than their original cost. For additional important information, please click here. Returns As of 10/04/2024 (updated upon availability)
No Chart Available
Returns
As of
(updated daily upon availability)
Shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Total Returns are calculated using the daily 4:00pm net assetvalue (NAV). Market price returns reflect the midpoint of the bid/ask spread as of the close of trading on the exchange where Fund shares are listed. Market pricereturns do not represent the returns you would receive if you traded shares at other times. Growth of 10K As of 09/30/2024 (updated monthly upon availability) As of 09/30/2024 (updated monthly upon availability) Past performance is not indicative of future results. The returns shown in the graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Distributions As of 10/04/2024 (updated as distributions are paid) Distributions
As of
10/04/2024
(updated as distributions are paid)
Performance data quoted represents past performance, which is no guarantee of future results, and current performance may be lower or higher than the figures shown. For the most recent performance figures, please call 1-800-836-2414. Investment returns and principal value will fluctuate and fund shares, when redeemed, may be worth more or less than their original cost. For additional important information, please click here. Performance data quoted represents past performance, which is no guarantee of future results, and current performance may be lower or higher than the figures shown. For the most recent performance figures, please call 1-800-836-2414. Investment returns and principal value will fluctuate and fund shares, when redeemed, may be worth more or less than their original cost. For additional important information, please click here. |
Key Facts & Characteristics
Key FactsKey Facts
Asset Class
US Equity
CUSIP
61774R866
Ticker
PAPI
IOPV Intraday Ticker
PAPI.IV
Inception Date
10/16/2023
Investment Style
Active
Characteristics3
Characteristics3Updated Daily as of 10/04/2024 Shares Outstanding
2,950,000
Daily Volume
24,890
30-Day Avg Volume
30,085
30 Day SEC Yield (%)
3.02
30 Day SEC Yield (unsub) (%)
3.02
Updated Monthly as of 08/31/2024 Weighted average market capitalization ($B)
63.97
Price/earnings (LTM)
18.27
Price/book
2.52
Distribution Yield (%)
6.50
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Top 10 Holdings
As of 10/04/2024 (updated daily upon availability) Top 10 Holdings
Holdings subject to change. Holdings subject to change.
Composition
As of 08/31/2024 (updated monthly upon availability)
Composition
As of 08/31/2024 (updated monthly upon availability)
May not sum to 100% due to the exclusion of other assets and liabilities.
May not sum to 100% due to the exclusion of other assets and liabilities. May not sum to 100% due to the exclusion of other assets and liabilities. |
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