PAPI Parametric Equity Premium Income ETF
Quote as of Oct 12, 2026 20:00 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 26.70 | Day Range | 26.76 – 26.93 |
| 52-Week Range | 25.00 – 28.54 | Volume | 36.66K |
| Avg Volume | 84.19K | AUM | $502.9M (Oct 12, 2026) |
| Expense Ratio | 0.29% | Yield (TTM) | 7.71% |
| NAV | 26.68 | Premium/Discount | +0.94% indicative |
| Inception | Oct 16, 2023 | Holdings | — |
| Issuer | Eaton Vance | Exchange | AMEX |
| Category | Covered Call | Index Tracked | Not stated in source data |
| CUSIP | 61774R866 | ISIN | US61774R8667 |
| Structure | Option Income | ||
| Management | Not stated in source data | ||
About this ETF
Morgan Stanley ETF Trust - Parametric Equity Premium Income ETF is an exchange traded fund launched and managed by Morgan Stanley Investment Management Inc. It is co-managed by Parametric Portfolio Associates LLC. It invests in public equity markets of the United States. The fund invests directly and through derivatives in the stocks of companies operating across diversified sectors. It invests in dividend paying stocks of the company. It uses derivatives such as options to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization. The fund employs fundamental and quantitative analysis with top-down stock picking approach to create its portfolio. Morgan Stanley ETF Trust - Parametric Equity Premium Income ETF was formed on October 16, 2023 and is domiciled in the United States.
Description from the fund data provider · profile as of Oct 12, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | -2.48% | -1.62% | -1.98% | +3.57% | +3.41% | — | — | — | +2.53% |
| Total return | -2.48% | -1.04% | +0.53% | +8.45% | +10.29% | — | — | — | +9.47% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 09, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.29% | Annual cost of a $10,000 investment | $29.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Oct 10, 2026 · portfolio reporting date from the data provider; holdings are not live positions. 193 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | MSILF GOVERNMENT | — | 1.20% | 6.05M | $6.0M |
| 2 | VALERO ENERGY CORP COMMON | VLO | 0.90% | 10.39K | $4.5M |
| 3 | HF SINCLAIR CORP COMMON | DINO | 0.82% | 34.02K | $4.1M |
| 4 | PHILLIPS 66 COMMON STOCK | PSX | 0.77% | 13.88K | $3.9M |
| 5 | ACCENTURE PLC COMMON | 0Y0Y.L | 0.74% | 17.87K | $3.7M |
| 6 | SALESFORCE.COM INC. | CRM | 0.74% | 16.25K | $3.7M |
| 7 | MICROSOFT CORP COMMON | MSFT | 0.74% | 6.94K | $3.7M |
| 8 | INTERNATIONAL SEAWAYS INC | INSW | 0.70% | 29.52K | $3.5M |
| 9 | COGNIZANT TECHNOLOGY | CTSH | 0.69% | 58.54K | $3.5M |
| 10 | SKYWORKS SOLUTIONS INC | SWKS | 0.67% | 44.19K | $3.4M |
| 11 | TD SYNNEX CORP COMMON | SNX | 0.67% | 12.33K | $3.4M |
| 12 | AVNET INC COMMON STOCK | AVT | 0.66% | 33.46K | $3.3M |
| 13 | DOLBY LABORATORIES INC | DLB | 0.65% | 55.43K | $3.3M |
| 14 | TARGET CORP COMMON STOCK | TGT | 0.64% | 21.02K | $3.2M |
| 15 | ABBVIE INC COMMON STOCK | ABBV | 0.63% | 11.37K | $3.1M |
| 16 | MANPOWERGROUP INC COMMON | MAN | 0.62% | 59.32K | $3.1M |
| 17 | ROYAL GOLD INC | RGLD | 0.62% | 13.23K | $3.1M |
| 18 | BECTON DICKINSON & CO | BDXA | 0.62% | 17.01K | $3.1M |
| 19 | HP INC COMMON STOCK USD | HPQ | 0.62% | 103.36K | $3.1M |
| 20 | PERMIAN RESOURCES | PR | 0.62% | 135.42K | $3.1M |
| 21 | GILEAD SCIENCES INC | GILD | 0.62% | 20.60K | $3.1M |
| 22 | CISCO SYSTEMS INC COMMON | CSCO | 0.62% | 26.14K | $3.1M |
| 23 | PFIZER INC COMMON STOCK | PFE | 0.61% | 108.48K | $3.1M |
| 24 | DANAHER CORP COMMON STOCK | DHR | 0.61% | 13.91K | $3.1M |
| 25 | ROYALTY PHARMA PLC COMMON | RPRX | 0.61% | 53.68K | $3.1M |
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Sector Exposure
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 7.71% | Paid (last 12 months) | $2.0599 |
| Frequency | Monthly | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Sep 30, 2026 | Last payment | $0.1767 (Oct 06, 2026) |
| Growth 1Y | +6.73% | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Sep 30, 2026 | Sep 30, 2026 | Oct 06, 2026 | $0.1767 |
| Aug 31, 2026 | Aug 31, 2026 | Sep 04, 2026 | $0.1631 |
| Jul 31, 2026 | Jul 31, 2026 | Aug 06, 2026 | $0.1676 |
| Jun 30, 2026 | Jun 30, 2026 | Jul 07, 2026 | $0.2025 |
| May 29, 2026 | May 29, 2026 | Jun 04, 2026 | $0.1555 |
| Apr 30, 2026 | Apr 30, 2026 | May 06, 2026 | $0.1552 |
| Mar 31, 2026 | Mar 31, 2026 | Apr 07, 2026 | $0.2376 |
| Feb 27, 2026 | Feb 27, 2026 | Mar 05, 2026 | $0.1639 |
| Jan 30, 2026 | Jan 30, 2026 | Feb 05, 2026 | $0.1611 |
| Dec 23, 2025 | Dec 23, 2025 | Dec 30, 2025 | $0.1789 |
| Nov 28, 2025 | Nov 28, 2025 | Dec 04, 2025 | $0.1484 |
| Oct 31, 2025 | Oct 31, 2025 | Nov 06, 2025 | $0.1494 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 9.98% / 11.56% | Sharpe 1Y / 3Y | 0.891 / 0.538 |
| Max drawdown 1Y / 3Y | -7.04% / -14.29% | Sortino 1Y | 1.37 |
| Beta vs S&P 500 (3Y) | 0.391 | Correlation vs S&P 500 (1Y) | 0.177 |
| Downside deviation 1Y | 6.47% | Risk-free rate used | 4.05% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Oct 12, 2026. Formulas →
Liquidity
| Volume today | 36.66K | Average volume | 84.19K |
| AUM | $502.9M | Premium/Discount | +0.94% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | $793.0K | +0.16% | $502.1M → $502.9M |
| 1 Month | $34.3M | +7.10% | $482.7M → $502.9M |
| 1 Week | $13.9M | +2.84% | $487.2M → $502.9M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for PAPI
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.