Parametric Equity Plus ETF

Parametric Equity Plus ETF is an actively managed equity exchange-traded fund focused on U.S. large-cap stocks. The fund seeks to combine broad exposure to established U.S. companies with an options overlay designed to generate additional portfolio income and enhance total return. Its portfolio is centered on large, liquid names across major sectors such as technology, communications, consumer discretionary, financials, and healthcare, giving it diversified exposure to the core of the U.S. equity market. Managed by Morgan Stanley Investment Management under the Parametric brand, the fund is structured for investors looking for a rules-based, income-oriented approach within a diversified stock portfolio. Parametric Equity Plus ETF uses derivatives alongside direct stock holdings, making it distinct from traditional index-tracking equity funds and positioning it as an active strategy within the U.S. large-cap ETF segment.