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Master Income ETF (HIPS)

NYSEARCA: HIPS · IEX Real-Time Price · USD
15.15 -0.32 (-2.07%)
Nov 26, 2021 1:00 PM EST - Market closed
Assets$71.80M
NAV$15.44
Expense Ratio3.19%
PE Ratio14.86
Shares Out4.65M
Dividend (ttm)$1.30
Dividend Yield8.39%
Ex-Dividend DateNov 17, 2021
1-Year Return+13.23%
Volume26,345
Open15.57
Previous Close15.47
Day's Range15.01 - 15.39
52-Week Low12.99
52-Week High12.99
Beta1.26
Holdings60
Inception DateJan 6, 2015

About HIPS

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 ClassEquity
SectorIncome
RegionNorth America
IssuerExchange Traded Concepts
Stock ExchangeNYSEARCA
Ticker SymbolHIPS
Index TrackedTFMS HIPS 300 Index

Top 10 Holdings

36.07% of assets
NameSymbolWeight
BLACKROCK ENHANCED EQUITY DIBDJ3.89%
Nuveen S&P 500 Buy-Write Income FundBXMX3.78%
BLACKROCK GLOBAL OPP EQTY TRBOE3.65%
ABERDEEN TOTAL DYNAMIC DIVIDEND FUND AODAOD3.64%
BLACKROCK DEBT STRATEGIES FDDSU3.61%
BLACKSTONE/GSO STRATEGIC CBGB3.54%
BLACKROCK MULTI-SECTOR INCOMBIT3.52%
TEKLA HEALTHCARE INVESTORSHQH3.52%
BNY MELLON HIGH YIELD STRATEGI SH BEN INTDHF3.49%
PGIM SHORT DURATION HIGH YIEISD3.44%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Nov 17, 2021$0.1075Nov 19, 2021
Oct 13, 2021$0.1075Oct 15, 2021
Sep 15, 2021$0.1075Sep 17, 2021
Aug 18, 2021$0.1075Aug 20, 2021
Jul 14, 2021$0.1075Jul 16, 2021
Jun 16, 2021$0.1075Jun 18, 2021
Full Dividend History

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