Amplify CEF High Income ETF
YYY
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 3333 Warrenville Rd, Suite 350 Lisle IL United States of America 60532
- IPO Date
- Jun 12, 2012
- CIK
- 0001633061
- Website
- amplifyetfs.com
- Similar Companies
- Business
- Amplify High Income ETF (YYY) is an exchange-traded fund that provides investors with high income exposure through a fund-of-funds strategy tracking the Nasdaq CEF High Income Index. The ETF invests in a portfolio of approximately 60 U.S.-listed closed-end funds (CEFs), selected and weighted based on yield, discount to net asset value, and trading volume, with no restrictions on the underlying funds' assets or strategies; top holdings as of mid-2025 include BlackRock ESG Capital Allocation Term Trust (ECAT), Western Asset Diversified Income Fund (WDI), and Abrdn Healthcare Investors (HQH), spanning sectors such as fixed income, equities, healthcare, real estate, and multi-asset allocations. It offers monthly distributions, typically $0.12 per share, supporting a high yield around 12%, alongside a net expense ratio of approximately 3.25% that incorporates acquired fund fees. Launched on June 21, 2013, and traded on NYSE Arca, YYY is issued by Amplify ETF Trust and managed by Amplify Investments LLC, with sub-advisory from Penserra Capital Management LLC, and is headquartered in Lisle, Illinois. The fund targets income-seeking investors across global developed markets, with underlying CEFs providing diversified exposure to equities (approximately 60%), bonds (40%), derivatives, REITs, foreign securities, and municipal bonds, emphasizing high-yield opportunities while subject to risks like leverage, interest rate sensitivity, and credit events in high-yield securities. Geographically, it focuses on U.S.-listed CEFs with worldwide asset allocations, including emerging markets, catering to retail and institutional clients prioritizing income generation and capital preservation in volatile environments. In recent developments, the fund was renamed Amplify CEF High Income ETF around October 13, 2025, reflecting an emphasis on its closed-end fund strategy. Amplify Investments, the issuer, completed a significant acquisition of ETF Managers Group assets in early 2024, expanding its platform to $9.1 billion in assets under management across 31 ETFs, though this did not directly alter YYY's operations. Ongoing portfolio rebalancing occurs semi-annually per the index methodology, with sustained monthly distributions through 2025 and increased institutional holdings by investors such as Concurrent Investment Advisors LLC (up 20.7% in Q2 2025).