Master Income ETF (HIPS)

NYSEARCA: HIPS · IEX Real-Time Price · USD
11.51
0.00 (0.00%)
Sep 30, 2022 4:00 PM EDT - Market closed
0.00%
Assets $61.13M
NAV $11.53
Expense Ratio 2.88%
PE Ratio 14.86
Shares Out 5.30M
Dividend (ttm) $1.18
Dividend Yield 10.29%
Ex-Dividend Date Sep 28, 2022
1-Year Return -25.26%
Volume 15,157
Open 11.59
Previous Close 11.51
Day's Range 11.51 - 11.66
52-Week Low 11.51
52-Week High 15.96
Beta 1.12
Holdings 60
Inception Date Jan 6, 2015

About HIPS

The fund employs a passive management-or indexing-investment approach designed to track the performance of the index. The rules-based index measures the performance of up to 60 high income U.S.-listed securities that typically have pass-through structures that require them to distribute substantially all of their earnings to shareholders as cash distributions. This high income, pass-through strategy is known as HIPS.

Asset Class Equity
Sector Income
Region North America
Issuer Exchange Traded Concepts
Stock Exchange NYSEARCA
Ticker Symbol HIPS
Index Tracked TFMS HIPS 300 Index

Top 10 Holdings

35.42% of assets
Name Symbol Weight
ANGEL OAK FINANCIAL STRATEGIES INCOME TERM TRUST FINS FINS US 3.89%
NUVEEN REAL ASST INC & GR FD JRI 3.71%
FIRST TRUST SENIOR FLOATING FCT 3.69%
Nuveen Credit Strategies Income Fund JQC 3.56%
WESTERN ASSET HIGH YIELD DEF HYI 3.55%
BLACKROCK CORPORATE HIGH YIE HYT 3.44%
DOUBLELINE YIELD OPPORTUN DLY 3.41%
ARES DYNAMIC CREDIT ALLOCATI ARDC 3.41%
BARINGS GL SH DUR HI YLD BGH 3.40%
PGIM SHORT DURATION HIGH YIE ISD 3.37%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Sep 28, 2022 $0.108 Sep 30, 2022
Aug 29, 2022 $0.1075 Aug 31, 2022
Jul 27, 2022 $0.1075 Jul 29, 2022
Jun 28, 2022 $0.1075 Jun 30, 2022
May 26, 2022 $0.1075 May 31, 2022
Apr 27, 2022 $0.1075 Apr 29, 2022
Full Dividend History

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