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Parametric Equity Premium Income ETF (PAPI)

Derivative Income | Exchange Traded Fund | NYSEArca
26.65 USD -0.24 (-0.893%) ⇩ (April 17, 2026, 3:59 p.m. EDT)
After hours: 26.65

Short-term: ★★★☆☆ | Long-term: ★★☆☆☆ | Dividends: ★★★★☆
Hot Take | April 18, 2026, 10:18 p.m. EDT

PAPI offers a robust monthly income yield (~7.5%) supported by consistent option premiums, but the price action shows a recent downtrend below the 50-day average, and the short-term forecasting model indicates only a marginal 1.3% upside prediction with low confidence signals (low H-stat, non-normal residuals), suggesting the trade is currently structurally balanced without a strong directional edge.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.037634
AutoARIMA0.039921
MSTL0.041007
AutoETS0.042042

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 80%
H-stat 0.69
Ljung-Box p 0.000
Jarque-Bera p 0.367
Excess Kurtosis -1.03
Attribute Value
Trailing P/E 18.16

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.87% 8.14%
Dividend History
Date Dividend Yield %
2026-03-31 0.238 0.869883
2026-02-27 0.164 0.583749
2026-01-30 0.161 0.599776
2025-12-23 0.179 0.704324
2025-11-28 0.148 0.584075
2025-10-31 0.149 0.608461
2025-09-30 0.180 0.718383
2025-08-29 0.152 0.606540
2025-07-31 0.147 0.613979
2025-06-30 0.184 0.771435
2025-05-30 0.148 0.627496
2025-04-30 0.203 0.856869
2025-03-31 0.193 0.786514
2025-02-28 0.134 0.544750
2025-01-31 0.139 0.572844
2024-12-23 0.164 0.692402
2024-11-29 0.154 0.608949
2024-10-31 0.133 0.551597
2024-09-30 0.171 0.702649
2024-08-30 0.147 0.608185
2024-07-31 0.122 0.507641
2024-06-28 0.164 0.721521
2024-05-31 0.185 0.798636
2024-04-30 0.172 0.759110
2024-03-28 0.180 0.771261
2024-02-29 0.142 0.641617
2024-01-31 0.115 0.531323
2023-12-21 0.208 0.960646
2023-11-30 0.166 0.793480
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 7.51

Info Dump

Attribute Value
All Time High 28.535
All Time Low 23.322
Ask 27.64
Ask Size 1,300
Average Daily Volume10 Day 109,880
Average Daily Volume3 Month 80,880
Average Volume 80,880
Average Volume10Days 109,880
Beta3 Year 0.0
Bid 13.08
Bid Size 200
Category Derivative Income
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 26.65
Day Low 26.53
Dividend Yield 7.51
Eps Trailing Twelve Months 1.4675905
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 27.65722
Fifty Day Average Change -1.0072212
Fifty Day Average Change Percent -0.03641802
Fifty Two Week Change Percent 7.3730826
Fifty Two Week High 28.535
Fifty Two Week High Change -1.8850002
Fifty Two Week High Change Percent -0.06605923
Fifty Two Week Low 24.59
Fifty Two Week Low Change 2.0599995
Fifty Two Week Low Change Percent 0.08377387
Fifty Two Week Range 24.59 - 28.535
First Trade Date Milliseconds 1,697,722,200,000
Full Exchange Name NYSEArca
Fund Family Eaton Vance ETFs
Fund Inception Date 1,697,414,400
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Ipo Expected Date 2,023-10-19
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund is an actively managed exchange-traded fund. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities. Equity securities in which the fund may invest include common stocks.
Long Name Parametric Equity Premium Income ETF
Market us_market
Market State PREPRE
Max Age 86,400
Message Board Id finmb_1854771810
Nav Price 26.6
Net Assets 345,977,568.0
Net Expense Ratio 0.29
Open 26.63
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 26.65
Post Market Time 1,776,464,821
Previous Close 26.89
Price Hint 2
Quote Type ETF
Region US
Regular Market Change -0.24
Regular Market Change Percent -0.892524
Regular Market Day High 26.65
Regular Market Day Low 26.53
Regular Market Day Range 26.53 - 26.65
Regular Market Open 26.63
Regular Market Previous Close 26.89
Regular Market Price 26.65
Regular Market Time 1,776,455,994
Regular Market Volume 93,591
Short Name Parametric Equity Premium Incom
Source Interval 15
Symbol PAPI
Total Assets 345,977,568
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 18.159018
Trailing Peg Ratio None
Trailing Three Month Nav Returns 8.1013
Trailing Three Month Returns 8.1013
Triggerable 1
Two Hundred Day Average 26.411686
Two Hundred Day Average Change 0.23831367
Two Hundred Day Average Change Percent 0.009023039
Type Disp ETF
Volume 93,591
Yield 0.075100005
Ytd Return 8.1013