PAYM

Elevation Series Trust - TrueShares S&P Autocallable Defensive Income ETF

Investor Moves

Investor	Portfolio Value	Portfolio Change	Position Change	Avg Buy Price	Current Price
Ken GriffinCitadel Advisors $-987.5K ExitQ1 2026 $987k -- $25.88

Trade PAYM

About Elevation Series Trust - TrueShares S&P Autocallable Defensive Income ETF

The PAYM ETF strives to deliver a regular monthly income along with a degree of protection against market declines, though a substantial fall in the underlying equity index could still lead to principal loss for investors. Compared to its sister product, PAYH, PAYM employs an equity strategy engineered for lower volatility, actively working to stabilize returns and mitigate risk amidst fluctuating market environments. This actively managed fund achieves its objectives by tracking an autocallable index, which itself monitors a portfolio of synthetic autocallable notes benchmarked against a bespoke volatility index. Rather than holding these autocallables directly, the fund utilizes total return swaps to gain exposure, with these swap positions being rebalanced or rolled on a weekly basis. Furthermore, the ETF's exposure to S&P 500 futures can be dynamically adjusted up to seven times daily; this involves scaling up exposure during calm periods and scaling back during volatility to stabilize overall risk and potentially reduce market drawdowns. Up to a quarter of the fund's assets may be allocated to a Cayman Islands subsidiary to facilitate its derivatives exposure.

CEO: Jay Pestrichelli
IPO Date: Dec 30, 2025

Market Data

Open: $24.69
High: $25.70
Low: $24.69
Volume: 34.3K
52W High: $26.24
52W Low: $21.80

Valuation

Market Cap: $245M

Financials

Financial statement snapshot is not available yet.

Events

DividendMay 29

$0.213