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HIPS - Master Income ETF

Stock Price: $14.92 USD 0.14 (0.94%)
Updated Apr 21, 2021 4:00 PM EDT - Market closed
After-hours: $14.92 +0.00 (0.00%) Apr 21, 8:00 PM
Assets $42.86M
NAV $14.78
Expense Ratio 3.19%
PE Ratio 16.06
Beta (5Y) 1.30
Dividend (ttm) $1.30
Dividend Yield 8.77%
Ex-Dividend Date Apr 14, 2021
1-Year Return -
Trading Day April 21
Last Price $14.92
Previous Close $14.78
Change ($) 0.14
Change (%) 0.94%
Day's Open 14.83
Day's Range 14.79 - 14.92
Day's Volume 27,334
52-Week Range 8.92 - 14.92

Fund Description

The investment seeks to track the performance, before fees and expenses, of the TFMS HIPS Index. 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
North America
Inception Date
Jan 6, 2015
Ticker Symbol
Index Tracked
TFMS HIPS 300 Index

Top 10 Holdings

36.10% of assets
Blackstone Strategic Credit FundBGB3.67%
Invesco Dynamic Credit OppsVTA3.66%
BlackRock Debt Strategies FundDSU3.66%
Tekla Healthcare InvestorsHQH3.65%
BlackRock Enhanced Equity DivBDJ3.61%
BlackRock Multi-Sector IncomeBIT3.60%
Aberdeen Total Dynamic DividendAOD3.60%
Nuveen S&P 500 Buy-Write IncomeBXMX3.55%
PGIM High Yield Bond Fund, Inc.ISD3.55%
BlackRock Enhanced Glbl Div TrustBOE3.55%
View More Holdings


Ex-DividendAmountPay Date
Apr 14, 2021$0.108Apr 16, 2021
Mar 17, 2021$0.108Mar 19, 2021
Feb 17, 2021$0.108Feb 19, 2021
Jan 13, 2021$0.108Jan 15, 2021
Dec 30, 2020$0.108Jan 4, 2021
Nov 18, 2020$0.108Nov 20, 2020
Full Dividend History


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YouTube video

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