HIGH

Simplify Enhanced Income ETF

$22.91
+0.00%
Market closed. Last update: 11:36 PM ET

📎 Investment Objective

The Simplify Enhanced Income ETF (HIGH) seeks to provide high current income while also aiming to protect against downside risk.

Overview

ETF tracking Simplify Enhanced Income ETF

Category Value
Issuer Other
Inception Date 2022-10-28
Market Cap $186.8M
Average Volume N/A
Dividend Yield 6.28%
52-Week Range $21.27 - $25.10
VWAP $22.91

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The Simplify Enhanced Income ETF (HIGH) seeks to provide high current income while also aiming to protect against downside risk.

🎯 Investment Strategy

The fund invests primarily in a portfolio of high-yielding fixed income securities, including corporate bonds, preferred stocks, and other income-producing assets. It also utilizes options strategies to potentially generate additional income and provide some downside protection.

✨ Key Features

  • Focuses on generating high current income from a diversified portfolio of fixed income securities
  • Employs options strategies to potentially enhance income and manage risk
  • Actively managed approach to security selection and options positioning
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Credit risk: The fund is exposed to the risk of default or deterioration in creditworthiness of the underlying fixed income securities
  • Interest rate risk: The value of the fund's holdings may decline as interest rates rise
  • Options risk: The use of options strategies may not be successful and could result in losses
  • Liquidity risk: Some of the fund's holdings may be less liquid, which could impact the ability to sell positions at favorable prices

👤 Best For

The Simplify Enhanced Income ETF may be suitable for investors seeking high current income and some downside protection, who have a moderate to high-risk tolerance and a medium-term investment horizon.