Parametric Equity Premium Income ETF
PAPI

Parametric Equity Premium Income ETF (PAPI) price, chart and fund profile

Price chart

+6.90% over 1Y
Sep 2, 2025Low $25.24 · High $28.45Aug 31, 2026

Fund profile

PAPI 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.

Issuer
Morgan Stanley Investment Management Inc.
Industry
Inception
Oct 16, 2023
NAV as of
Aug 28, 2026

Frequently asked questions

  • What is Parametric Equity Premium Income ETF (PAPI)?

    PAPI 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.

  • What is PAPI's expense ratio?

    Parametric Equity Premium Income ETF charges an annual expense ratio of 0.29%. The fund is issued by Morgan Stanley Investment Management Inc..

  • How large is PAPI?

    Parametric Equity Premium Income ETF manages $477.2M in assets and has traded since Oct 16, 2023.

  • How do I buy shares of Parametric Equity Premium Income ETF (PAPI)?

    PAPI trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web dashboard at portal.lighthorse.io, the trading API, or an AI agent connected over MCP. The trade panel on this page places the order once you are signed in.

Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.