Kurv Yield Premium Strategy Amazon (AMZN) ETF
AMZP
Chicago Board Options Exchange- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Kurv Yield Premium Strategy Amazon ETF (AMZP) is an actively managed exchange-traded fund that seeks current income while providing exposure to the share price of Amazon.com, Inc. (AMZN), subject to a cap on potential investment gains from share price appreciation. The fund employs a synthetic covered call strategy, purchasing at-the-money call options and selling put options with matching strike prices and expiration dates ranging from 1 to 12 months; it may also invest directly in AMZN shares; income derives from covered call option premiums, dividends, and interest on collateral, enabling monthly distributions that may include return of capital for tax efficiency. Launched on October 30, 2023, and domiciled in the United States, AMZP trades on the Cboe BZX Exchange under the ticker AMZP and is part of the Kurv ETF Trust advised by Kurv Investment Management LLC, headquartered in San Francisco, California. The fund targets income-seeking investors interested in single-stock exposure with lower beta to AMZN, serving as a defensive alternative in volatile markets through dynamic optimization of income and capital appreciation. It operates within the derivative income category, focusing on growth-oriented equities via options overlays without affiliation to Amazon.com, Inc., which faces risks from competition, regulatory issues, and operational complexities in e-commerce, cloud computing, and digital services. Distributions fund from option premiums converted to capital gains, with portfolio losses carried forward to offset gains, potentially enhancing after-tax returns. In November 2024, Kurv Investment Management completed the reorganization of its Yield Premium Suite, including AMZP, into the proprietary Kurv ETF Trust, improving operational efficiency, control, and oversight without altering investment strategies. Kurv announced increased annualized distribution rates on single-stock covered call ETFs like AMZP through special distributions for the remainder of 2024. The firm launched complementary products, such as the KSLV silver ETF in September 2025, expanding its yield-enhanced suite.