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›ETF Issuers›Morgan Stanley›PAPI

PAPI

Parametric Equity Premium Income ETF

Active ETF Equity

Not rated

The PAPI Exchange Traded Fund (ETF) is provided by Morgan Stanley. This fund is actively managed; it does not track an index. This share class generates a stream of income by distributing dividends.

$28.13

-$0.02 (-0.07%) yesterday

1:30 PM 08/28/26 Closed

1D price range

$28.07$28.21

52W price range

$25.19$28.42

YTD Perf.

+13.75%

YTD Flows

Annualized volatility

Fund AuM

€406M

Share class AuM

€406M

TTM Yield

Tracking Error

Tracking Difference

Characteristics

ISIN

US61774R8667

TER

0.29%

Inception date

10/19/2023

Issuer

Morgan Stanley

Dividend policy

Distributing

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API

PerformanceDec 31, 2025 - Aug 27, 2026

Flows

Join for free to unlock

Sector exposures

Data as of 07/31/26

Technology

12.39%

Non-Energy Materials

10.76%

Healthcare

10.69%

Consumer Non-Cyclicals

10.45%

Finance

10.38%

Energy

9.72%

Utilities

9.42%

Industrials

7.69%

Consumer Cyclicals

7.21%

Unavailable

0.78%

Other

10.52%

Latest PAPI news

No content available for this fund

FAQ about PAPI

PAPI is a Active ETF. This ETF provides exposure to US Equities.

PAPI carries a total expense ratio (TER) of 0.29%, indicating the annual cost for holding the fund.

PAPI was introduced to the market on October 19, 2023. It trades on United States

Parametric Equity Premium Income ETF, PAPI, is provided by Morgan Stanley. Learn more about Morgan Stanley here.

PAPI oversees €406M in assets as of August 27, 2026.

PAPI follows a distributing dividend policy, meaning it pays out income to investors. As of August 27, 2026, its 12-month trailing yield was 7.31%.

As of July 31, 2026, PAPI has significant geographic allocations in USA, Ireland and Switzerland.

As of July 31, 2026, PAPI focuses largely on Technology, Non-Energy Materials and Healthcare.

As of July 31, 2026, PAPI holds 189 positions in its portfolio, with 10.02% of assets concentrated in its top 15 holdings.

As of July 31, 2026, PAPI top three holdings include Morgan Stanley Instl. Liquidity Funds - Government Portfolio, HF Sinclair Corp. and Valero Energy Corp..

The base currency of PAPI is USD.

Top 10 holdings

Data as of 07/31/26

Morgan Stanley Instl. Liquidity Funds - Government Portfolio

1.26%

HF Sinclair Corp.

0.65%

Valero Energy Corp.

0.64%

International Seaways, Inc.

0.64%

Cisco Systems, Inc.

0.63%

TD SYNNEX Corp.

0.63%

Dolby Laboratories, Inc.

0.63%

Millicom International Cellular SA

0.62%

Cognizant Technology Solutions Corp.

0.62%

Microsoft Corp.

0.62%

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