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Parametric Equity Premium Income ETF
PAPI performance and flow charts
Performance
Flows
Historic performance and flows
Data as of July 24, 2026| 1M | 3M | YTD | 1Y | 3Y | 5Y | |
|---|---|---|---|---|---|---|
| Perf. | +4.15% | +6.00% | +11.41% | +15.83% | ||
| Flows | +$27M | +$63M | +$147M | +$185M | - | - |
Characteristics
This fund is actively managed; it does not track an index. This share class generates a stream of income by distributing dividends.
| Management strategy | Active |
| Strategy | Options Strategies |
| Provider | Morgan Stanley |
| N° of holdings | 189 |
| Dividend policy | Distributing |
Trailing 12m distribution yield | Join for free |
| Inception date | October 19, 2023 |
| ESG | No |
More data and info about PAPI on Trackinsight
Exposure
Data as of June 30, 2026Diversification
Total weight of top 15 holdings out of 189
Top 15 Holdings
Sectors
Countries
Similar ETFs
Trading data
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Volatility | +9.55% | +10.24% | ||
Max drawdown | -2.98% | -6.88% | ||
Max drawdown duration | 41d | 135d | N/A | N/A |
Time to recover | 27d | 62d | N/A | N/A |
What type of ETF is PAPI?
PAPI is a Active ETF that provides exposure to Equity assets. It is managed by Morgan Stanley.
What does PAPI invest in?
This ETF provides exposure to US Equities. It is part of the segment: Options Strategies.
What is the expense ratio of PAPI?
The total expense ratio (TER) of PAPI is 0.29%, representing the annual fee charged by the fund manager.
When was PAPI launched?
PAPI was launched on October 19, 2023, marking its entry into the ETF market.
Who is the issuer of PAPI?
PAPI is issued by Morgan Stanley.
What is the AUM of PAPI?
As of July 24, 2026, PAPI manages $439.64 M, reflecting the total assets held in the fund.
How has PAPI performed recently?
As of July 24, 2026, PAPI delivered a return of 4.15% over the past month (1M performance), 6% over the past three months (3M), and 11.41% year-to-date (YTD).
What are the recent fund flows for PAPI?
As of July 24, 2026, PAPI has seen net flows of +$27M in the past month (1M flow) and +$147M year-to-date (YTD).
Does PAPI pay dividends?
As of July 24, 2026, PAPI has a trailing 12-month distribution yield of 7.34%.
How many holdings are in PAPI
As of June 30, 2026, PAPI holds 189 securities in its portfolio. This level of diversification can influence the fund’s risk profile and exposure to individual assets.
How diversified is PAPI?
As of June 30, 2026, PAPI holds 189 securities, with 11.22% of its assets concentrated in its top 15 holdings.
What are the top holdings of PAPI?
As of June 30, 2026, PAPI holds a portfolio of 189 underlyings, with its largest positions including Morgan Stanley Instl. Liquidity Funds - Government Portfolio, Corning, Inc. and TD SYNNEX Corp.. These top holdings play a significant role in shaping the fund’s performance and exposure.
What countries or regions does PAPI invest in?
As of June 30, 2026, PAPI has its largest geographic exposures in USA.
What sectors or themes does PAPI focus on?
As of June 30, 2026, PAPI is primarily exposed to Technology, Non-Energy Materials and Consumer Non-Cyclicals.
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