Simplify Enhanced Income ETF (HIGH)
| Assets | $291.25M |
| Expense Ratio | 0.52% |
| PE Ratio | n/a |
| Shares Out | 12.70M |
| Dividend (ttm) | $2.02 |
| Dividend Yield | 8.69% |
| Ex-Dividend Date | Nov 25, 2024 |
| Payout Ratio | n/a |
| 1-Year Return | -6.00% |
| Volume | 122,820 |
| Open | 22.81 |
| Previous Close | 22.94 |
| Day's Range | 22.81 - 23.32 |
| 52-Week Low | 22.81 |
| 52-Week High | 24.75 |
| Beta | 0.00 |
| Holdings | 43 |
| Inception Date | Oct 27, 2022 |
About HIGH
Fund Home PageThe Simplify Enhanced Income ETF (HIGH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide monthly income by holding a short-term portfolio of income-producing US Treasurys and utilizing an option spread writing strategy. HIGH was launched on Oct 27, 2022 and is issued by Simplify.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 25, 2024 | $0.140 | n/a |
| Oct 28, 2024 | $0.140 | Oct 31, 2024 |
| Sep 25, 2024 | $0.140 | Sep 30, 2024 |
| Aug 27, 2024 | $0.150 | Aug 30, 2024 |
| Jul 26, 2024 | $0.200 | Jul 31, 2024 |
| Jun 25, 2024 | $0.200 | Jul 1, 2024 |
News
HIGH: When Options Spreads Do Not Work
The Simplify Enhanced Income ETF uses options spreads to generate higher yields, but recent active trading strategies have led to significant losses. Retail investors must distinguish between fixed in...
HIGH: A Sophisticated Strategy, Limited Results
HIGH combines fixed income instruments with options trading to generate a 7.2% annualized distribution yield. The fund's strategy involves T-Bills and options on indexes like NASDAQ 100 and S&P 500, b...
HIGH: Unnecessary Risk From Unpredictable Option Spreads
Initially, the Simplify Enhanced Income ETF seemed promising, offering a 9% yield by leveraging short-term U.S. treasuries and option spreads. The fund's options spread strategy, however, is too unpre...
New Preferred Stock And Exchange Traded Debt IPOs, July 2024
New offerings from New York Mortgage Trust, Dime Community Bancshares, and Oxford Lane Capital Corp. with fixed coupon rates and credit ratings. DCOMG achieved a perfect CDx3 Compliance Score, while M...
HIGH: Recent Developments
HIGH is a somewhat unique income ETF. It invests in t-bills and option spreads, generating significant income and premiums. HIGH currently yields 9.3%, although returns have slightly trailed behind.
Checking In On HIGH, An Options Spreads Fund
HIGH is an ETF from Simplify Asset Management. It aims to generate monthly income through short-dated option spreads on various equities. The core holdings are Treasury Bills with an overlay of consta...
HIGH: Underappreciated Operational Risk
The Simplify Enhanced Income ETF sells options to generate modest income for investors. A recent blowup at the Simplify Macro Strategy ETF highlights operational risk at the asset manager, as the fund...
HIGH: Unique Income ETF Focusing On Option Spreads, 9.4% Distribution Yield
HIGH invests in t-bills and option spreads. The strategy aims to generate strong income at low risk and volatility. An overview of the fund follows.
I'm Parking My Cash In HIGH And SGOV, And They're Paying Handsomely
Conservative investors are benefiting from the current macro environment, with cash-like funds offering 5%+ yields. Cash investments have not been profitable in the past decade, but higher interest ra...
HIGH: Enhanced Income From Option Spreads
The Simplify Enhanced Income ETF aims to generate high income from selling option spreads on equity and fixed income indices. However, the actual portfolio differs from how the fund is marketed. The H...
HIGH: A Hedge Fund In Disguise, Has Not Impressed In 2023
The Simplify Enhanced Income ETF is an exchange-traded fund that employs a strategy of generating monthly income through the trading of short-dated put or call options spreads on equities. The fund op...
HIGH: Behaving As Expected So Far
Simplify Enhanced Income ETF aims to generate 10% annual income yield through a combination of bonds and options plays. The fund's performance has shown slow but steady growth, with uncorrelated retur...
HIGH: A Fund That Generates Income From Selling Option Spreads
Simplify Enhanced Income ETF is an actively managed fund that uses options plays to generate income, selling option credit spreads rather than covered calls. The fund targets a delta range of 25-30 fo...
Simplify Adds to Its Innovative Suite of Income-Focused ETFs With Launch of Enhanced Income Fund (HIGH) and Stable Income Fund (BUCK)
NEW YORK--(BUSINESS WIRE)--Simplify expands income-focused ETF offerings with launch of enhanced income fund (HIGH) and stable income fund (BUCK)