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PAPI

25.36000 USD
0.26
1.01%
Last update May 13, 3:59 PM EDT
Market closed
Day range
25.36000
25.71000
Previous close
25.62000
Open
25.71000
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Parametric Equity Premium Income Fund
25.36
0.26
1.01%

Overview

Description

The Parametric Equity Premium Income Fund is a financial instrument tailored to investors interested in generating consistent income from their equity holdings. This fund employs a strategic approach that involves investing in a diversified portfolio of large-cap equities while employing an options overlay strategy to enhance income. By writing call options on the equities held, the fund generates premium income that supplements the returns derived from the underlying stock holdings. Suited for sectors with stable earnings such as utilities, consumer staples, and healthcare, the fund aims to provide a steady income stream with the potential for moderate capital appreciation. In the financial market, the Parametric Equity Premium Income Fund plays a significant role for income-focused investors who seek to capitalize on the equity market's potential without assuming full market risk exposure. By blending traditional stock investment with options trading, the fund offers diversification and income generation, making it a noteworthy component in a well-rounded investment strategy. This fund is particularly attractive to those who prioritize income consistency while still maintaining exposure to equity market growth.

About

Address
Phone
Website
Instrument type
ETF
Country
United States
MIC code
ARCX
Market closed

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