Symbols

DIVO

Amplify CWP Enhanced Dividend Income ETF·ARCA

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Key Stats

Assets Under Management

6.61BUSD

Fund Flow (1Y)

2.05BUSD

Dividend Yield

7.96%

Discount / Premium to NAV

-0.02%

Shares Outstanding

146.10M

Expense Ratio

0.56%

About Amplify CWP Enhanced Dividend Income ETF

Issuer

Amplify Investments

Brand

Amplify

Home Page

https://amplifyetfs.com/divo

Inception Date

Dec 14, 2016

Structure

Open-Ended Fund

Index Tracked

Management Style

Active

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Amplify Investments LLC

Distributor

Foreside Fund Services LLC

DIVO utilizes an actively-managed, income-focused strategy. The fund aims to generate 4-7% annual gross income from two sources: dividends and option premiums. The fund manager selects approximately 20-25 potential outperforming dividend paying stocks from various major sectors in the S&P 500 Index. Then, the manager tactically writes short-term call options on those stocks to generate additional income. The buy-write strategy provides some downside protection but also foregoes some upside potential. DIVO may be of consideration for investors who are looking for yields and are comfortable with foregoing some upside potential.