GraniteShares HIPS US High Income ETF (HIPS)

NYSEARCA: HIPS · IEX Real-Time Price · USD
12.07
+0.08 (0.71%)
Dec 7, 2023, 3:58 PM EST - Market closed
0.71%
Assets $57.65M
Expense Ratio 1.99%
PE Ratio 0.81
Shares Out n/a
Dividend (ttm) $1.29
Dividend Yield 10.72%
Ex-Dividend Date Nov 28, 2023
Payout Ratio 8.69%
1-Year Return -3.70%
Volume 15,655
Open 12.08
Previous Close 11.98
Day's Range 12.01 - 12.08
52-Week Low 11.17
52-Week High 13.15
Beta n/a
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

29.62% of assets
Name Symbol Weight
Capital Southwest Corporation CSWC 3.37%
Sixth Street Specialty Lending, Inc. TSLX 3.02%
USA Compression Partners, LP USAC 2.96%
EPR Properties EPR 2.96%
Sunoco LP SUN 2.92%
Bain Capital Specialty Finance, Inc. BCSF 2.92%
Golub Capital BDC, Inc. GBDC 2.90%
FS KKR Capital Corp. FSK 2.90%
Energy Transfer LP ET 2.85%
BlackRock Debt Strategies Fund, Inc. DSU 2.82%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Nov 28, 2023 $0.1075 Nov 30, 2023
Oct 27, 2023 $0.108 Oct 31, 2023
Sep 27, 2023 $0.108 Sep 29, 2023
Aug 29, 2023 $0.1075 Aug 31, 2023
Jul 27, 2023 $0.1075 Jul 31, 2023
Jun 28, 2023 $0.1075 Jun 30, 2023
Full Dividend History

News

VettaFi Voices On: Finding Income

Hiya VettaFi Voices! On Friday we're hosting the Income Strategy Symposium, so keeping in the spirit of that event, I wanted to know: Where you see the best places to find income in the markets today?

5 weeks ago - ETF Trends

HIPS: High Alternative Income in a Diversified Wrapper

The acronym “HIPS” stands for high-income pass-through securities. These are securities that must “pass through” at least 90% of their earnings to investors.

7 weeks ago - ETF Trends

ETF Prime: Hendrickson and Edmondson on EQM Indexes Plus Thematic Investing and More

On this episode of ETF Prime, host Nate Geraci speaks with four individuals discussing several different ETF-related topics. His guests include VettaFi's Tom Hendrickson and Jane Edmondson, who discus...

Other symbols: IBUYTBIL
2 months ago - ETF Trends

These ETFs Have Dividend Yields of 7%–Or Higher

Investors can always use more income, and there exist several ETFs that are paying out over 7% in annual dividend yields. Dividend yield is a measure of how much of security's value is returned to sha...

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2 years ago - ETF Trends

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

A Q&A With Will Rhind of GraniteShares: Where Yield-Starved Investors Can Find Income

It's no secret that finding income in today's economic and market environment is challenging. It was difficult to generate yield even a year ago, but the coronavirus pandemic has only exacerbated matt...

3 years ago - ETF Trends

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

ETF Edge: Chasing Yield with GraniteShares' HIPS

With the challenges of chasing yield, it's good to look at some funds focusing on high yield. CEO and Founder of Granitshares, Will Rhind, spoke on “ETF Edge,” with ETF Trends' CIO and Director of Res...

3 years ago - ETF Trends

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

Buoyed by BAR, Other ETFs, GraniteShares Tops $1 Billion in Assets

GraniteShares, the ETFs issuer founded by Will Rhind, has $1 billion in assets under management after debuting just three years ago.

Other symbols: BARCOMBPLTM
3 years ago - ETF Trends