YYY

Amplify High Income ETF [YYY] Stock Forecast

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In the News

07:14 11 Dec 2023 YYY

Income Opportunities in Bonds and Beyond

It's been a great year for alternative income strategies as inflation, interest rate, and recession risk fears dominated markets. Garrett Paolella of NEOS and Christian Magoon of Amplify ETFs joined VettaFi's Tom Lydon to discuss alternative income opportunities at the Income Strategy Symposium hosted by VettaFi on October 27.

10:04 11 Dec 2023 YYY

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 ranked highest overall by ISE via the following factors: yield, discount to net asset value and liquidity. The article argues why a rules-based methodology, like the one used by YYY, might not be suitable for the CEF space, with the fund's historic performance confirming this view.

08:00 11 Dec 2023 YYY

ETFs Of CEFs: Diversification And Higher Distributions

ETFs Of CEFs: Diversification And Higher Distributions

03:37 11 Dec 2023 YYY

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 of 2.72% and a portfolio heavily weighted towards bonds. A rotational strategy in CEFs may be a better option for preserving capital and income stream against erosion and inflation compared to YYY.

06:59 11 Dec 2023 YYY

Shakey September ahead?

Shakey September ahead?...

06:58 11 Dec 2023 YYY

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 diversification.

05:25 11 Dec 2023 YYY

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% dividend yield and diversified portfolio, YYY's strategy has proven ineffective, with the fund's share price down 41% since inception and dividends declining by 50%. A look at the fund, and its many pitfalls, follows.

03:41 11 Dec 2023 YYY

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 based on dividend yield, discount to NAV and liquidity, but this approach can result in picking "yield traps" and underperforming CEFs. The fund's long-term performance shows an annual compounded growth rate of 3.12%, and its total annual return is only a quarter of its annual dividend.

04:09 11 Dec 2023 YYY

NYSE's ETF Leaders: Amplify ETFs' Christian Magoon

Ampify ETFs' CEO and co-founder Christian Magoon told NYSE's Judy Shaw at Exchange 2023 that the company is “really focused on income this year.” See more: “Amplify's Thematic ETF Lineup Will Soon Be More Diverse” “I know rates are rising, and people are getting a little bit more in their savings account,” Magoon said.

01:55 11 Dec 2023 YYY

Amplify's Thematic ETF Lineup Will Soon Be More Diverse

The thematic ETF world will soon have a larger player to watch. Today, Amplify ETFs announced plans to acquire the ETF Managers Group (ETFMG) ETF lineup.

YYY Financial details

Company Rating
-
Market Cap
382.38M
Income
-
Revenue
-
Book val./share
-
Cash/share
-
Dividend
0.12
Dividend %
12.51%
Employees
-
Optionable
No
Shortable
Yes
Earnings
-
P/E
0
Forward P/E
-
PEG
-
P/S
-
P/B
-
P/C
-
P/FCF
-
Quick Ratio
-
Current Ratio
-
Debt / Equity
-
LT Debt / Equity
-
-
-
EPS (TTM)
-
EPS next Y
-
EPS next Q
-
EPS this Y
-
EPS next Y
-
EPS next 5Y
-
EPS last 5Y
-
Revenue last 5Y
-
Revenue Q/Q
-
EPS Q/Q
-
-
-
-
-
SMA20
-
SMA50
-
SMA100
-8.33%
Inst Own
0%
Inst Trans
0%
ROA
-
ROE
-
ROC
-
Gross Margin
-
Oper. Margin
-
Profit Margin
-
Payout
-
Shs Outstand
33.28M
Shs Float
0
-
-
-
-
Target Price
-
52W Range
10.37-12.92
52W High
-4.79%
52W Low
+14.25%
RSI
59
Rel Volume
1.17
Avg Volume
214.26K
Volume
249.86K
Perf Week
-0.65%
Perf Month
9.12%
Perf Quarter
-2.1%
Perf Half Y
-1.68%
-
-
-
-
Beta
1.14
-
-
Volatility
0.03%, 0.21%
Prev Close
-0.74%
Price
11.425
Change
-0.82%

YYY Financial Performance

YYY Frequently Asked Questions

What is Amplify High Income ETF stock symbol ?

Amplify High Income ETF is a US stock and trading under the symbol YYY

What is Amplify High Income ETF stock quote today ?

Amplify High Income ETF stock price is $11.425 today.

Is Amplify High Income ETF stock public?

Yes, Amplify High Income ETF is a publicly traded company.

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