Fund Evaluator:
Parametric Equity Premium Income ETF (PAPI)
Follow This Fund
Equity
Global Asset Class
Nontraditional Equity
Fund Group
Derivative Income - Diversified
Category
$0.000
NAV (as of )
$0.00
Minimum Initial
0.29% A
Expense Ratio
$544 Mil
Assets
Open
Status
na
12b-1 Fee
5.77%
TTM Yield
0.00%
Max Load
27%
Portfolio Turnover
Best Performing in Derivative Income - Diversified Over the Last Year
| 26.7% | Cantor Fitzgerald Equity Div Plus Inst (FBPEX) |
| 16.7% | Vest S&P500 Div Aristocrats Trgt Inc Inv (KNGLX) |
| 14.1% | Goldman Sachs US Eq Div and Premium Inv (GVIRX) |
| 14.0% | Horizon Equity Premium Income Investor (HNDDX) |
| 12.9% | Madison Covered Call & Equity Income I (MENIX) |
Data as of 10/31/2026
8.2% A
1-Mo Return
4.2% A
3-Mo Return
16.5% A
YTD Return
20.5% A
1-Yr Return
13.1% D
3-Yr Return
na
5-Yr Return
1.10 D
Category Risk Index
0.94
Total Risk Index
Fund Details
Fund Family
Eaton Vance ETFs
Inception Date
10/16/2023
Share Class Type
Equity Investment Style
Mid-Cap
Value
Bond Investment Style
na
Socially Responsible Fund
No
Index Fund
No
Benchmark Index
S&P 500 (TR) (1970): 100%
Additional Fund Details
Parametric Equity Premium Income ETF Overview
PAPI Trailing NAV Total Returns Data as of 10/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| PAPI Return (NAV) | 8.2% | 4.2% | 20.5% | 13.1% | na | na |
| PAPI Grade | A | A | A | D | na | na |
| +/- Category | 6.1% | 2.2% | 7.9% | -2.1% | na | na |
| Derivative Income - Diversified Avg | 2.1% | 2.0% | 12.6% | 15.1% | 8.0% | 9.0% |
| PAPI Tax Cost Ratio | na | na | 2.4% | 2.8% | na | na |
PAPI Annual NAV Total ReturnsData as of 10/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| PAPI Return (NAV) | 16.5% | 6.6% | 8.9% | na | na | na | na | na | na | na | na |
| PAPI Grade | A | F | F | na | na | na | na | na | na | na | na |
| +/- Category | 6.3% | -5.6% | -4.1% | na | na | na | na | na | na | na | na |
| Derivative Income - Diversified Avg | 10.2% | 12.3% | 12.9% | 12.5% | -8.1% | 20.3% | 5.0% | 19.1% | -6.7% | 14.4% | 9.7% |
| Risk Measures | |
| Standard Deviation: | 11.4% |
| Total Risk Index: | 0.94 - Below Average |
| Category Risk Index: | 1.10 - Above Average |
| Category Risk Grade: | D (69% Rank) |
| Beta: | 0.24 |
| R-Squared: | 7% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Mid-Cap Value |
| Bond Investment Style: | na |
| Yield: | 5.8% |
| Dividend Distribution: | Monthly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $544 Mil |
| Fund Total Assets: | $ 544 Mil |
| Share Class Type: | |
| Portfolio Turnover: | 27% |
Management Team
| Number of Managers: 6 | |||
| Longest Tenure: 3.0 years | |||
| Average Tenure: 2.5 years | |||
| Managers (Year): Berman Larry (2023), Zaslavsky Michael (2023), Zweber Alex (2023), Mihara Jennifer (2024), Milner Mark (2025), Wotherspoon Gordon (2025) | |||
Portfolio Composition (as of 10/30/26)
| # of Holdings: | 223 |
| % in Top 10 Holdings: | 7.1% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 2.7% |
Portfolio Allocation |
|
| Domestic Stock: | 96.0% |
| Foreign Stock: | 2.7% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 1.3% |
Purchase Information
| Fund Family: | Eaton Vance ETFs |
| Phone Number: | 800-836-2414 |
| Website: |
| Status: | Open |
| Inception Date: | October 16, 2023 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.29% ( Rating : Below Avg ) |
| Category Average Expense Ratio (%): | 1.12% |
| Share Class: | Parametric Equity Premium Income ETF |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
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