PAYM ETF — TrueShares S&P Autocallable Defensive Income ETF
TrueShares S&P Autocallable Defensive Income ETF (PAYM)
PAYM is an ETF. As of August 19, 2026, its distribution rate is 9.56%, its trailing-12-month yield is 5.59%, its expense ratio is 0.74%. Dividend Vision Distribution Safety Score™ is 50/100 (Caution). Fund total return is 9.2% over the past 0.6 years, 3.1 points behind SPY at 12.3%.
At the current 9.56% distribution rate, a $10,000 investment would generate approximately $956 per year, or $79.67 per month on an equivalent basis.
PAYM dividend yield and income
Data as of August 19, 2026.
The distribution rate (9.56%) is the latest posted forward yield, paid monthly. Trailing-12-month yield (5.59%) is the last year of payments divided by the current price. The last dividend was $0.2050. The last ex-dividend date was 07/31/2026. It was paid on 08/03/2026. At 9.56%, $10,000 would generate about $956 a year ($79.67 monthly-equivalent).
| Ex-date | Amount | vs year-ago payment |
|---|---|---|
| 2026-07-31 | $0.205 | — |
| 2026-06-30 | $0.207 | — |
| 2026-05-29 | $0.213 | — |
| 2026-04-30 | $0.211 | — |
| 2026-03-31 | $0.187 | — |
| 2026-02-27 | $0.206 | — |
| 2026-01-30 | $0.21 | — |
| 2026 YTD total | $1.439 | — |
PAYM dividend growth
An annualized trend fit on recent payments is -5.77%. That fit can move with uneven quarterly amounts and is not the same as a trailing-12-month cut.
PAYM performance versus SPY
Data as of August 19, 2026.
Fund total return is 9.2% over the past 0.6 years, 3.1 points behind SPY at 12.3%.
| Window | Total return | CAGR |
|---|---|---|
| Since inception (0.6 years) | 9.2% | — |
PAYM key facts
Data as of August 19, 2026.
- Distribution Safety Score™
- 50 · Caution
- Issuer
- TrueShares
- Asset type
- ETF
- Asset class
- Equity
- Inception date
- 12/29/2025
- Expense ratio
- 0.74%
- Distribution rate
- 9.56%
- Distribution frequency
- Monthly
- Trailing yield
- 5.59%
- Last close
- $25.74
- AUM
- $126,429,657
- Average volume
- 45019.0
- Last dividend
- $0.2050
- Ex-dividend date
- 07/31/2026
- Payment date
- 08/03/2026
How Dividend Vision calculates yield and returns
Distribution rate (9.56%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (5.59%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.
Distribution rate methodology · Distribution Safety Score methodology · SEC yield
Sources and review
Data as of August 19, 2026.
Primary sources: TrueShares; prices and distributions from Dividend Vision, derived from vendor EOD data.
Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.
PAYM risks and drawbacks
Total return has trailed SPY over the available window.
Who may consider PAYM — and who may not
It is a weaker fit for investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.
Compare PAYM
PAYM vs similar funds:
Frequently asked questions
Does PAYM pay monthly?
Yes. PAYM currently pays monthly.
What is PAYM's expense ratio?
PAYM's expense ratio is 0.74%.
What is PAYM's dividend yield?
PAYM currently yields 9.56%, paid monthly, with a 0.74% expense ratio.
When does PAYM pay a dividend?
PAYM pays monthly. The last dividend was $0.2050. The last ex-dividend date was 07/31/2026. It was paid on 08/03/2026.
How has PAYM performed?
Fund total return is 9.2% over the past 0.6 years, 3.1 points behind SPY at 12.3%.
Is PAYM a good investment?
PAYM's Dividend Vision Distribution Safety Score is 50 (Caution). That is a risk signal, not investment advice. It currently yields 9.56%. Compare peers below rather than treating any single figure as a buy or sell.
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