ETF profile for Parametric Equity Premium Income ETF (PAPI) from the issuer: top holdings, net assets, expense ratio and shares outstanding.
PAPI ETF Profile
| Family: |
Morgan Stanley |
| Name: |
Parametric Equity Premium Income ETF |
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| Inception Date: |
16-Oct-2023 |
| Termination Date: |
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| Investment Objective: |
The Fund is an actively managed exchange-traded fund. The investment objective of the Fund is to seek to provide consistent monthly income while maintaining prospects for capital appreciation. The Adviser and Parametric Portfolio Associates LLCseek to fulfill the Fund's objective by using two principal strategies (1) creating an actively-managed portfolio of dividend-paying equity securities that primarily include common stocks of U.S. companies selected from the Russell 3000 Index (the "long equity portfolio"); and (2) selling (writing) option contracts on the SPDR S&P 500 ETF Trust (the "Underlying ETF") or on the S&P 500 Index to generate additional yield. 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. |
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| Prospectus |
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| Top 10 Holdings |
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| MSILF GOVERNMENT |
MVRXX |
1.4600% |
| BADGER METER INC COMMON |
BMI |
0.6300% |
| POLARIS INC COMMON STOCK |
PII |
0.6200% |
| ARTISAN PARTNERS ASSET |
APAM |
0.6200% |
| HASBRO INC COMMON STOCK |
HAS |
0.6000% |
| MERITAGE HOMES CORP |
MTH |
0.6000% |
| STANLEY BLACK & DECKER |
SWK |
0.6000% |
| EXPONENT INC COMMON STOCK |
EXPO |
0.6000% |
| ACCENTURE PLC COMMON |
ACN |
0.6000% |
| THOR INDUSTRIES INC |
THO |
0.6000% |
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Top 10 Holdings Weight: |
6.9% |
| Number of Holdings: |
223 |
| Shares Outstanding: |
19,500,000 |
| Total Net Assets: |
553,214,976 |
| NAV: |
28.29 |
| Net Expense Ratio: |
0.29% |
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| Asset Class: |
Equities (Stocks) |
| Developed or Emerging: |
Developed Market Funds |
| Country: |
US |
| Region: |
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| Strategy: |
Covered Call Strategy |
| Currency: |
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| Commodity: |
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| Sector: |
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| Industry: |
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| Dividend Type: |
Dividend - High Yield |
| Tax Exempt State: |
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| Maturity Duration: |
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| Market Cap: |
Large Cap |
| Credit Quality: |
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| Mortgage Bond Types: |
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| Bond Type: |
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| Gov't Bond Types: |
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| Reit Type: |
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| Leverage Direction/Factor: |
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| Is Currency Hedged: |
No |
| US or Ex-US: |
Domestic |
