YieldShares High Income ETF News

Amplify High Income ETF has maintained a consistent portfolio allocation with a focus on high-yielding closed-end funds. YYY delivered strong returns in 2023 but still under-earns its distribution yie

Passive Vs. Active ETFs Of CEFs

Closed-end funds (CEFs) are relatively under the radar compared to peers like exchange-traded funds (ETFs) and mutual funds. Closed-end funds are generally desirable for two reasons: 1) high income; a

Amplify High Income ETF warrants a sell rating due to declining share price, high expense ratio, and negative dividend growth rate. YYY consists of 79% bonds and 21% stocks, with holdings in U.S.-base

It's been a great year for alternative income strategies as inflation, interest rate, and recession risk fears dominated markets. Garrett Paolella of NEOS and Christian Magoon of Amplify ETFs joined V

Amplify High Income ETF is structured as an exchange-traded fund and serves as a "fund of funds" in the closed-end fund space. YYY aims to replicate the ISE High Income Index, which selects CEFs ranke

ETFs Of CEFs: Diversification And Higher Distributions

Amplify High Income ETF has underperformed the S&P 500 index, with a -33% price decrease and -11% total return since February 2021. The YYY ETF is a fund of closed-end funds with a high expense ratio

Shakey September ahead?...

Amplify High Income ETF holds a basket of high-income closed-end funds. These include PDI, OXLC, USA, PTY, PAXS, and JPS. This does appear like income on steroids with extreme levels of diversificatio

YYY invests in high-yield, highly discounted liquid CEFs but has a history of investing in underperforming CEFs, leading to consistent capital losses and dividend cuts. Despite its strong 12.2% divide

Amplify High Income ETF has a current dividend yield of 12% but has underperformed market indices since its inception, with a share price down -42%. The fund holds 45 CEFs in its portfolio, selected b

Ampify ETFs' CEO and co-founder Christian Magoon told NYSE's Judy Shaw at Exchange 2023 that the company is “really focused on income this year.” See more: “Amplify's Thematic ETF Lineup Will So

The thematic ETF world will soon have a larger player to watch. Today, Amplify ETFs announced plans to acquire the ETF Managers Group (ETFMG) ETF lineup.

Amplify High Income ETF is an exchange-traded fund of closed-end funds implementing a rules-based strategy. The yield is attractive, but history shows a steady decay in value and distributions.