Dividend-adjusted return from the previous close · S&P 500 uses VOOPAPIS&P 500 · VOOIncome average
Parametric Equity Premium Income ETFPAPI
$28.85
+1.9% last session
+19.3% YTD
Data as of 11/4/20264:00 PM ET · End-of-day
| Returns | 1D | 1M | 3M | YTD | 1Y | 3Y | 5Y | MAX |
|---|---|---|---|---|---|---|---|---|
| Total return | +1.9% | +9.0% | +6.4% | +19.3% | +23.4% | +48.7% | — | +45.6% |
| Peer average | +1.0% | −3.1% | +2.4% | +9.1% | +8.8% | +51.6% | +24.8% | — |
| S&P 500 · VOO | +1.6% | −1.6% | 0.0% | +13.4% | +13.5% | +91.7% | +81.2% | — |
Key Statistics
Open all fund facts →- AUM
- $551M
- Expense ratio
- 0.29%
- Distribution yield
- 7.2%
- NAV
- $28.24
- Volume
- 102K
- Avg. volume 30D
- 90K
- High today
- $28.89
- Low today
- $28.51
- Previous close
- $28.30
- 52-week high
- $28.89
- 52-week low
- $25.00
- Our risk indicator
- 3/5
PAPI in One Breath
PAPI Among Premium Income ETFs
YTDEnd-of-day Nov 5, 2026 · 75 Premium income ETFs by YTD
$10,000 in PAPI
5Y$10,000 in PAPI became
$14,556
In the S&P 500 (VOO)
$18,683
Total return, dividends in · Oct 19, 2023 – Nov 4, 2026 · S&P 500 uses VOO
PAPI’s Top Holdings
TodayBMIBadger Meter0.6%PII0.6%APAM0.6%EXPO0.6%HAS0.6%COLM0.6%0Y0Y.L0.6%RPRX0.6%OLED0.6%ATR0.6%MTH0.6%TXN0.6%THO0.6%DOW0.6%PPG0.6%BAM.TO0.6%LEN0.6%ROL0.6%LHX0.6%LH0.6%VMC0.6%FLO0.6%
BMIBadger Meter0.6%PII0.6%APAM0.6%EXPO0.6%HAS0.6%COLM0.6%0Y0Y.L0.6%RPRX0.6%OLED0.6%ATR0.6%MTH0.6%TXN0.6%
Consumer CyclicalHealthcareTechnologyFinancial ServicesIndustrialsConsumer DefensiveOther
Eaton Vance PAPI · 0 holdings · tile size = share of the fund · as of Nov 4, 2026
What PAPI Holds
TodayConsumer Cyclical11.9%
PII · HAS · COLM · MTH · THO · LEN · MCD
Healthcare11.0%
RPRX · ATR · LH · GILD · QIA.DE · SYK · DGX
Technology10.8%
0Y0Y.L · OLED · TXN · ADI · INTU · DLB · POWI
Financial Services10.4%
APAM · BAM.TO · FIBK · PB · 0U96.L · RDN · TROW
Industrials10.4%
BMI · EXPO · ROL · LHX · UPS · SWK · AOS
Consumer Defensive10.1%
FLO · TAP · REYN · CHD · PEP · HRL · COST
Energy10.0%
PR · CVX · XOM · COP
Eaton Vance PAPI · share of the fund by sector · as of Nov 4, 2026
Badger’s Share of PAPI
Today0.6%
$6 of every $1,000 in PAPI is Badger
Badger held by PAPI
$3.3M
Eaton Vance PAPI · each square = $10 of $1,000 · as of Nov 4, 2026
PAPI’s Share of Premium Income ETFs
Today0.5%
of the $114B in 91 Premium income ETFs
$551M0.5%
$46.1B40.3%
$42.1B36.8%
$25.6B22.4%
Premium income ETF AUM · Nov 5, 2026
PAPI Fee per $100 vs Peers
TodayExpense ratio · Premium income peers · Nov 5, 2026
Inside PAPI
as of Nov 4, 2026PAPI
Parametric Equity Premium Income ETF
TodayConsumer Cyclical11.9%PIIHASCOLMMTHTHOLENMCDHDTXRHAMCRAVYPKGNKEHealthcare11.0%RPRXATRLHGILDQIA.DSYKDGXABTABBVCHESTEBDXTechnology10.8%OLEDTXNADIINTUDLBPOWIDOXFinancial Services10.4%APAMBAM.TFIBKPBRDNTROWRFUBSICMEPFGFNFAFGPRUIndustrials10.4%BMIEXPOROLLHXUPSSWKAOSWSOConsumer Defensive10.1%FLOTAPREYNCHDPEPHRLCOSTGISEnergy10.0%PRCVXXOMCOPUtilities9.8%OGSWECCWTLNTDUKEDAVAMDUOGESOPORBasic Materials9.1%DOWPPGVMCRSDDIFFEMNAPDUFPIIPCommunication Services4.8%
| # | Ticker | Company | Weight ▼ |
|---|---|---|---|
| 1 | BMI | Badger Meter | 0.61% |
| 2 | PII | Polaris | 0.61% |
| 3 | APAM | Artisan Partners Asset | 0.60% |
| 4 | EXPO | Exponent | 0.60% |
| 5 | HAS | Hasbro | 0.60% |
| 6 | COLM | Columbia Sportswear | 0.58% |
| 7 | 0Y0Y.L | Accenture | 0.58% |
| 8 | RPRX | Royalty Pharma | 0.58% |
| 9 | OLED | Universal Display | 0.58% |
| 10 | ATR | Aptargroup | 0.57% |
Consumer CyclicalHealthcareTechnologyFinancial ServicesIndustrialsConsumer DefensiveEnergyUtilitiesBasic MaterialsCommunication ServicesOther
Eaton Vance PAPI · current holdings by weight · as of Nov 4, 2026 · each tile is one holding · top 20 = 11.6%
How It Compares
PAPI
Parametric Equity Premium Income ETF’s Peers
YTDPremium income peers · YTD and past-year returns · as of Nov 5, 2026 · sorted by AUM
Head to Head
Put PAPI head to head with JEPI →JEPI vs PAPI
YTDYear to date
PAPI wins+10.5 pts
Past year
PAPI wins+11.5 pts
Fee
PAPI winslower fee
Yield
JEPI wins+0.6 pts
AUM
JEPI83.7× more
3–1PAPI wins
J.P. Morgan JEPI and Eaton Vance PAPI · year-to-date · as of Nov 5, 2026 · AUM not scored
PAPI vs VOO
YTDPAPI · Parametric Equity Premium Income
+19.3%
VOO · S&P 500
+13.4%
Gap
6.0 pts
Eaton Vance PAPI and Vanguard VOO · YTD total return · as of Nov 5, 2026
PAPI vs Its Peer Average
YTDPAPIAvsBPeer average
1D+1.9%+1.0%
1M+9.0%−3.1%
3M+6.4%+2.4%
YTD+19.3%+9.1%
1Y+23.4%+8.8%
3Y+48.7%+51.6%
5Y[…]+24.8%
5–1PAPI wins
90 Premium income peers · each row scaled to its leader
The Details
PAPI
Risk
1Y3/5our risk indicator
CalmerBumpier
Volatility · 1Y10.22%
Deepest drop · 1Y−6.9%
Lowest point · 5Y−1.7%
52-week range
$28.85
$25.00−0.1% from the high$28.89
Eaton Vance PAPI · past-year price moves · as of Nov 5, 2026
PAPI
Fund Facts
Today2023launched Oct 16
Tracks[…]
Exchange · CUSIPAMEX · 61774R866
StructureETF
Leverage1x
Cost on $10,000$29 a year
Go deeper
Eaton Vance PAPI · fund facts · as of Nov 5, 2026
PAPI
Payouts by Year
4Y$0.16per share, Oct 2026
Distribution yield7.2%
PaidEvery month
Latest ex-date · paidOct 30 · Nov 5, 2026
12 payouts added up$2.07 a share
Eaton Vance PAPI · distributions by ex-date · 2023–2026
All Fund FactsDocuments · trading · fees · every payout
Prospectus & Documents
SEC reported portfolio · 2026-06-30 ↗SEC reported portfolio · 2026-03-31 ↗SEC reported portfolio · 2025-12-31 ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2025-09-30 ↗SEC reported portfolio · 2025-06-30 ↗SEC reported portfolio · 2025-03-31 ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2024-12-31 ↗summary prospectus · SEC 497K ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2024-09-30 ↗SEC reported portfolio · 2024-06-30 ↗summary prospectus · SEC 497K ↗prospectus · SEC 497 ↗SEC reported portfolio · 2024-03-31 ↗SEC reported portfolio · 2023-12-31 ↗summary prospectus · SEC 497K ↗prospectus · SEC 497 ↗summary prospectus · SEC 497K ↗summary prospectus · SEC 497K ↗summary prospectus · SEC 497K ↗prospectus · SEC 497 ↗summary prospectus · SEC 497K ↗prospectus · SEC 485BPOS ↗prospectus · SEC 485APOS ↗
Trading & Liquidity
Net asset value$28.24
Premium / discount[…]
Median spread · 30D[…]
Volume today102K
Average volume · 30D90K
Shares outstanding[…]
Options[…]
Fees & Costs
Net expense ratio0.29%
Gross expense ratio[…]
Management fee[…]
Cost on $10,000 a year$29.00
Our risk indicator3/5
Estimated yearly cost excludes trading costs and assumes constant assets.
Distributions
| Ex-date | Paid | Per share |
|---|---|---|
| Oct 30, 2026 | Nov 5, 2026 | $0.16 |
| Sep 30, 2026 | Oct 6, 2026 | $0.18 |
| Aug 31, 2026 | Sep 4, 2026 | $0.16 |
| Jul 31, 2026 | Aug 6, 2026 | $0.17 |
| Jun 30, 2026 | Jul 7, 2026 | $0.20 |
| May 29, 2026 | Jun 4, 2026 | $0.16 |
| Apr 30, 2026 | May 6, 2026 | $0.16 |
| Mar 31, 2026 | Apr 7, 2026 | $0.24 |
| Feb 27, 2026 | Mar 5, 2026 | $0.16 |
| Jan 30, 2026 | Feb 5, 2026 | $0.16 |
| Dec 23, 2025 | Dec 30, 2025 | $0.18 |
| Nov 28, 2025 | Dec 4, 2025 | $0.15 |
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