GraniteShares HIPS US High Income ETF (HIPS)

NYSEARCA: HIPS · IEX Real-Time Price · USD
12.87
+0.12 (0.91%)
Jul 2, 2024, 4:00 PM EDT - Market closed
0.91%
Assets $77.41M
Expense Ratio 1.99%
PE Ratio 0.87
Shares Out 6.10M
Dividend (ttm) $1.29
Dividend Yield 10.03%
Ex-Dividend Date Jun 26, 2024
Payout Ratio 8.73%
1-Year Return +8.10%
Volume 43,053
Open 12.69
Previous Close 12.75
Day's Range 12.69 - 12.87
52-Week Low 11.39
52-Week High 13.00
Beta 0.47
Holdings 41
Inception Date Jan 6, 2015

About HIPS

Fund Home Page

The GraniteShares HIPS US High Income ETF (HIPS) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund tracks an equal-weighted index of US-listed assets that produce high income and pass through that income without being taxed at the constituent level. The portfolio includes REITs, MLPs, BDCs, and closed-end funds. HIPS was launched on Jan 6, 2015 and is issued by GraniteShares.

Asset Class Asset Allocation
Category Aggressive Allocation
Region North America
Stock Exchange NYSEARCA
Ticker Symbol HIPS
ETF Provider GraniteShares
Index Tracked EQM High Income Pass-Through Securities Index

Top 10 Holdings

28.89% of assets
Name Symbol Weight
Western Midstream Partners, LP WES 3.49%
Plains All American Pipeline, L.P. PAA 3.02%
Energy Transfer LP ET 2.93%
MPLX LP MPLX 2.90%
Blackstone Secured Lending Fund BXSL 2.90%
MidCap Financial Investment Corporation MFIC 2.78%
Enterprise Products Partners L.P. EPD 2.75%
Omega Healthcare Investors, Inc. OHI 2.73%
Blackstone / GSO Long-Short Credit Income Fund BGX 2.71%
SLR Investment Corp. SLRC 2.68%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Jun 26, 2024 $0.1075 Jun 28, 2024
May 29, 2024 $0.1075 May 31, 2024
Apr 26, 2024 $0.1075 Apr 30, 2024
Mar 26, 2024 $0.108 Mar 28, 2024
Feb 27, 2024 $0.108 Feb 29, 2024
Jan 29, 2024 $0.1075 Jan 31, 2024
Full Dividend History

News

Bitcoin Won't Change Gold's Role

Will Rhind discusses the outlook for gold, silver and active management in the ETF space.

Other symbols: BARSLV
3 years ago - ETFcom

US is in an 'income crisis,' says issuer whose ETF offers a 10% annual yield

In an "income-starved environment," high-income strategies may be good alternatives for investors, says GraniteShares founder and CEO Will Rhind.

3 years ago - CNBC

Pros and cons of high-income investing with two ETF analysts

GraniteShares CEO Will Rhind and ETF Trends CIO Dave Nadig break down the risks and rewards of plays such as GraniteShares' HIPS ETF. With CNBC's Eric Chemi.

3 years ago - CNBC Television