YYY

Amplify CEF High Income ETF

$11.59

+0.00%

Market closed. Last update: 10:55 PM ET

📎 Investment Objective

The Amplify High Income ETF (YYY) seeks to provide high current income.

Overview

ETF tracking Amplify CEF High Income ETF

Category Multi-Asset

Issuer Other

Inception Date 2019-10-07

Market Cap $603.3M

Average Volume N/A

Dividend Yield 10.35%

52-Week Range $10.18 - $12.22

VWAP $11.58

Performance

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Investment Summary

📎 Investment Objective

The Amplify High Income ETF (YYY) seeks to provide high current income.

🎯 Investment Strategy

The fund invests primarily in a portfolio of high-yield fixed income securities, including high-yield corporate bonds, bank loans, and preferred stocks. The fund's managers aim to construct a diversified portfolio to generate high current income while managing risk.

✨ Key Features

Focuses on high-yield, income-generating securities
Diversified portfolio across different high-yield asset classes
Actively managed to balance income generation and risk management
Targets high current income as its primary investment objective

⚠️ Primary Risks

High-yield securities carry greater credit risk and volatility than investment-grade bonds
Exposure to interest rate risk as bond prices decline when rates rise
Potential liquidity risks with less-traded high-yield and bank loan securities
Active management style may not always outperform the broader high-yield market

👤 Best For

The Amplify High Income ETF may be suitable for investors seeking high current income and willing to accept the higher risks associated with a portfolio of high-yield fixed income securities. It is best suited for investors with a medium to long-term investment horizon and a moderate to high-risk tolerance.