Amplify High Income ETF (YYY)
| Assets | $538.03M |
| Expense Ratio | 4.60% |
| PE Ratio | 15.62 |
| Shares Out | 45.15M |
| Dividend (ttm) | $1.44 |
| Dividend Yield | 11.93% |
| Ex-Dividend Date | Oct 30, 2024 |
| Payout Ratio | 186.66% |
| 1-Year Return | +6.36% |
| Volume | 18,439 |
| Open | 12.01 |
| Previous Close | 12.05 |
| Day's Range | 12.01 - 12.09 |
| 52-Week Low | 11.21 |
| 52-Week High | 12.40 |
| Beta | 0.84 |
| Holdings | 62 |
| Inception Date | Jun 12, 2013 |
About YYY
Fund Home PageThe Amplify High Income ETF (YYY) is an exchange-traded fund that is based on the ISE High Income index. The fund tracks an index of US-listed closed-end funds, weighted by yield, discount to NAV, and trading volume. There are no restrictions on the assets or strategies of the underlying funds. YYY was launched on Jun 12, 2013 and is issued by Amplify Investments.
Top 10 Holdings
30.99% of assets| Name | Symbol | Weight |
|---|---|---|
| CBRE Global Real Estate Income Fund | IGR | 3.43% |
| Nuveen Credit Strategies Income Fund | JQC | 3.23% |
| Nuveen Floating Rate Income Fund | JFR | 3.18% |
| Western Asset Diversified Income Fund | WDI | 3.12% |
| NYLI CBRE Global Infrastructure Megatrends Term Fund | MEGI | 3.10% |
| BlackRock Science and Technology Term Trust | BSTZ | 3.00% |
| BlackRock Capital Allocation Term Trust | BCAT | 2.99% |
| BlackRock ESG Capital Allocation Term Trust | ECAT | 2.99% |
| Abrdn Asia-Pacific Income Fund Inc | FAX | 2.99% |
| Abrdn Healthcare Investors | HQH | 2.96% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 30, 2024 | $0.120 | Oct 31, 2024 |
| Sep 27, 2024 | $0.120 | Sep 30, 2024 |
| Aug 29, 2024 | $0.120 | Aug 30, 2024 |
| Jul 30, 2024 | $0.120 | Jul 31, 2024 |
| Jun 27, 2024 | $0.120 | Jun 28, 2024 |
| May 30, 2024 | $0.120 | May 31, 2024 |
News
YYY: A Cautionary Tale Of High-Fee, Low-Return Investing
YYY offers a 12.1% distribution yield but has a high expense ratio of 4.60%, leading to significant costs. YYY's strategy involves holding 60 diversified CEFs, selected based on yield, discount to NAV...
Amplify ETFs Declares October Income Distributions for its Income ETFs
CHICAGO, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Amplify ETFs announces October income distributions for its income ETFs. ETF Name Ticker Amount per Share Ex-Date Record Date Payable Date Amplify Samsung SO...
YYY: Long-Term Decay And Excessive Expense Ratio
Amplify High Income ETF (YYY) has a high-yield portfolio of 60 closed-end funds. YYY may be used in short-term trades to profit by some market anomalies. YYY has been showing a significant decay in va...
Amplify ETFs Declares August Income Distributions for its ETFs
CHICAGO, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Amplify ETFs announces August income distributions for its ETFs. ETF Name Ticker Amount per Share Ex-Date Record Date Payable Date Amplify Samsung SOFR ETF S...
Amplify ETFs Declares June Income Distributions for its ETFs
CHICAGO, June 27, 2024 (GLOBE NEWSWIRE) -- Amplify ETFs announces June income distributions for its ETFs. ETF Name Ticker Amount per Share Ex-Date Record Date Payable Date Amplify AI Powered Equity ...
Amplify ETFs Declares May Income Distributions for its ETFs
CHICAGO, May 30, 2024 (GLOBE NEWSWIRE) -- Amplify ETFs announces May income distributions for its ETFs. ETF Name Ticker Amount per Share Ex-Date Record Date Payable Date Amplify Cash Flow Dividend Lea...
YYY: Consistent High Income ETF, But One To Avoid
Amplify High Income ETF (YYY) is designed to capture high yields in the closed-end funds space in a conservative manner. The ETF focuses on high yields, larger discounts to NAV, and greater liquidity ...
Amplify ETFs Declares April Income Distributions for its ETFs
CHICAGO, April 26, 2024 (GLOBE NEWSWIRE) -- Amplify ETFs announces April income distributions for its ETFs. ETF Name Ticker Amount per Share Ex-Date Record Date Payable Date Amplify Cash Flow Dividend...
Clear Winner Between YYY And CEFS
Amplify High Income ETF has maintained a consistent portfolio allocation with a focus on high-yielding closed-end funds. YYY delivered strong returns in 2023 but still under-earns its distribution yie...
Passive Vs. Active ETFs Of CEFs
While ETFs are traditionally passive products, active opportunities in the broader ETF market have been growing significantly over the past few years. Active ETFs of CEFs have historically had lower d...
YYY: Too Many Factors Working Against This Income ETF
Amplify High Income ETF warrants a sell rating due to declining share price, high expense ratio, and negative dividend growth rate. YYY consists of 79% bonds and 21% stocks, with holdings in U.S.-base...
YYY: Fund Of Funds That Fails To Deliver
Amplify High Income ETF is structured as an exchange-traded fund and serves as a "fund of funds" in the closed-end fund space. YYY aims to replicate the ISE High Income Index, which selects CEFs ranke...
YYY: Data Are Unattractive, And That's A Euphemism
Amplify High Income ETF has underperformed the S&P 500 index, with a -33% price decrease and -11% total return since February 2021. The YYY ETF is a fund of closed-end funds with a high expense ratio ...
Shakey September ahead?
Shakey September ahead?...
Amplify High Income: 12% Yield With Holdings Including PDI, PTY, OXLC, And USA
Amplify High Income ETF holds a basket of high-income closed-end funds. These include PDI, OXLC, USA, PTY, PAXS, and JPS. This does appear like income on steroids with extreme levels of diversificatio...
YYY: Risky, Ineffective Strategy, Declining Share Price And Dividends
YYY invests in high-yield, highly discounted liquid CEFs but has a history of investing in underperforming CEFs, leading to consistent capital losses and dividend cuts. Despite its strong 12.2% divide...
Don't Expect Too Much From YYY
Amplify High Income ETF has a current dividend yield of 12% but has underperformed market indices since its inception, with a share price down -42%. The fund holds 45 CEFs in its portfolio, selected b...
YYY: A High-Yield, High-Risk Fund
Amplify High Income ETF is an exchange-traded fund of closed-end funds implementing a rules-based strategy. The yield is attractive, but history shows a steady decay in value and distributions.
Earning Income Through ETFs Of CEFs
Many investors are unfamiliar with the closed-end fund structure or uncomfortable with their premium/discount volatility. There are only a few options for ETFs of CEFs, but they are all very different...
