DIVO

Amplify CWP Enhanced Dividend Income ETF

$45.07
+0.00%
Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The Amplify CWP Enhanced Dividend Income ETF (DIVO) seeks to provide current income and capital appreciation.

Overview

ETF tracking Amplify CWP Enhanced Dividend Income ETF

Category Value
Issuer Other
Inception Date 2018-04-19
Market Cap $5.3B
Average Volume N/A
Dividend Yield 3.77%
52-Week Range $37.18 - $45.68
VWAP $45.02

Performance

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Investment Summary

📎 Investment Objective

The Amplify CWP Enhanced Dividend Income ETF (DIVO) seeks to provide current income and capital appreciation.

🎯 Investment Strategy

The fund invests in a portfolio of dividend-paying U.S. equities and employs an options strategy to generate additional income. The portfolio is actively managed to focus on companies with strong fundamentals and the potential for dividend growth.

✨ Key Features

  • Actively managed portfolio of dividend-paying U.S. stocks
  • Utilizes an options strategy to generate additional income
  • Focuses on companies with strong fundamentals and dividend growth potential
  • Aims to provide current income and capital appreciation

⚠️ Primary Risks

  • Equity market risk: The value of the fund's holdings may decline due to general market and economic conditions.
  • Dividend risk: Companies may reduce or eliminate dividend payments, which could adversely affect the fund's income and performance.
  • Options strategy risk: The use of options may not be successful and could result in losses to the fund.
  • Active management risk: The fund's performance could be worse than the overall market if the manager's decisions are incorrect.

👤 Best For

This ETF may be suitable for investors seeking current income and capital appreciation through a portfolio of dividend-paying U.S. stocks. Investors should have a medium to long-term investment horizon and be willing to accept the risks associated with equity and options-based investing.