TrueShares S&P Autocallable Defensive Income ETF
PAYM
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Jay Pestrichelli
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 402 W. Broadway, Suite 400 San Diego CA United States of America 92101
- IPO Date
- Dec 30, 2025
- Website
- true-shares.com
- Similar Companies
- Business
- Elevation Series Trust - TrueShares S&P Autocallable Defensive Income ETF (PAYM) is an exchange-traded fund that seeks to provide current income and capital appreciation by investing in a portfolio of S&P 500 Index-linked autocallable notes with defensive income strategies. The ETF offers structured products including autocallable securities that provide monthly income distributions, downside protection through buffer levels typically ranging from 10% to 20%, and potential for enhanced returns via observation dates where principal and income are returned early if performance thresholds are met; it employs S&P Dow Jones Indices' proprietary strategy for selecting optimal autocallable terms based on volatility and market conditions. PAYM targets income-focused investors such as retirees and institutions seeking yield enhancement with reduced volatility exposure compared to direct equity investments, operating primarily in the U.S. fixed income and derivatives markets through its underlying notes issued by major financial institutions. Elevation Series Trust, the issuer, is headquartered in [location not specified in context] and was established to offer a range of actively managed and index-based ETFs; no specific founding year for the trust or recent major changes such as partnerships, funding rounds, acquisitions, or new product launches for PAYM were identified in the available information within the last 1-2 years.