PAYM
TrueShares S&P Hedged Structured Income Moderate ETF·CBOE
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Key Stats
Assets Under Management
64.71MUSD
Fund Flows (1Y)
64.43MUSD
Dividend Yield
0.84%
Discount/Premium to NAV
0.61%
Shares Outstanding
2.61M
Expense Ratio
0.74%
About TrueShares S&P Hedged Structured Income Moderate ETF
Issuer
TrueMark Investments, LLC
Brand
TrueShares
Home Page
Inception Date
Dec 29, 2025
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Truemark Investments LLC
Distributor
Paralel Distributors LLC
PAYM brings one of the most popular structured product income strategies—the autocallable note—into the ETF wrapper. Designed for investors seeking moderate, stable monthly income, PAYM links its distributions to the performance of the S&P 500 Futures 20% Intraday VT 2% Decrement Index while embedding contingent downside protection and perpetual hedging. The result: a model-ready, single-ticker solution that seeks to provide consistent income, manage risk, and reduce mark-to-market volatility compared to traditional structured products or peers in the ETF space.
Classification
Asset Class
Alternatives
Category
Structured Outcome
Focus
Income
Niche
S&P 500
Strategy
Active
Geography
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Weighting Scheme
Proprietary
Selection Criteria
Proprietary
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | -1.23% | -0.56% | -0.16% | -0.56% | -0.56% | -0.56% |
NAV Total Return | -2.19% | — | -0.73% | — | — | — |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
No data is currently available
Asset
No data is currently available
Region
No data is currently available
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
STATE STREET INST U.S. GOVERNMENT MMKT ADMN CLASS
70.62%
TREASURY BILL B 03/19/26
31.45%
PAYB US LARGE CAP MOD INC AC SOFR+10BPS
0.00%
PAYB TACTICAL PUT PARTICIPATION MOD INDEX 10BPS
0.00%
RECV TACTICAL PUT PARTICIPATION MODERATE INDEX
-0.10%
RECV US LARGE CAP MODERATE INCOME AUTOCALLABLE
-1.82%
Top 10 Weight 100.15%
6 Total Holdings
Is SPY better than PAYM?
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2026-01-30 | 2026-01-30 | 2026-02-02 | 0.210 |
How Much Does PAYM Pay in Dividends?
Premium/Discount Chart
Assets Under Management
Should I buy PAYM?
Fund Flows
