Amplify CEF High Income ETF

YYY

Market cap $704M

Amplify ETFs expanded its income-oriented lineup on March 10 with the debut of the Amplify Municipal CEF High Income ETF (NYSE Arca: YYYM).  See more: Amplify ETFs Outpaces Industry Growth With 70% AUM Jump in 2025 This new “fund of funds” provides a streamlined approach to the municipal closed-end fund (CEF) market.

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Amplify CEF High Income ETF offers diversified exposure to high-yield closed-end funds with a 50/50 equities/bonds allocation and no top-level leverage. Despite a 12% yield, YYY's long-term annualized return is under 6%, raising concerns about fee drag and real, after-inflation returns. Recent 3-year performance exceeded 12.5% annualized, but peer funds like CEFS and FOF have delivered stronger risk-adjusted results.

Amplify ETFs had an impressive year in 2025, outperforming the broader market in both asset growth rate and performance across its thematic and income-oriented suites.  The firm ended the year with 39 ETFs in its lineup and a total of $17 billion in assets under management.

CHICAGO, Dec. 30, 2025 (GLOBE NEWSWIRE) -- Amplify ETFs announces December income distributions for its income ETFs.

Amplify CEF High Income ETF (YYY) offers diversified exposure to around 60 closed-end funds, selected via a rules-based Nasdaq index. YYY emphasizes yield, discount to NAV, and liquidity, providing access to multiple asset classes. The ETF primarily replicates its index, rebalancing and reconstituting semi-annually to maintain alignment with its selection criteria.

CHICAGO, Oct. 30, 2025 (GLOBE NEWSWIRE) -- Amplify ETFs announces October income distributions for its income ETFs. ETF Name Ticker Amountper Share Ex-Date RecordDate PayableDate Amplify Bitcoin Max Income Covered Call ETF BAGY $1.49450 10/30/25 10/30/25 10/31/25 Amplify Bitcoin 2% Monthly Option Income ETF BITY $1.10159 10/30/25 10/30/25 10/31/25 Amplify SILJ Covered Call ETF SLJY $0.46500 10/30/25 10/30/25 10/31/25 Amplify Samsung SOFR ETF SOFR $0.35157 10/30/25 10/30/25 10/31/25 Amplify CWP Growth & Income ETF QDVO $0.25116 10/30/25 10/30/25 10/31/25 Amplify COWS Covered Call ETF HCOW $0.24270 10/30/25 10/30/25 10/31/25 Amplify Bloomberg U.S. Treasury 12% Premium Income ETF TLTP $0.23310 10/30/25 10/30/25 10/31/25 Amplify CWP International Enhanced Dividend Income ETF IDVO $0.19040 10/30/25 10/30/25 10/31/25 Amplify CWP Enhanced Dividend Income ETF DIVO $0.18152 10/30/25 10/30/25 10/31/25 Amplify High Income ETF YYY $0.12000 10/30/25 10/30/25 10/31/25 Amplify Natural Resources Dividend Income ETF NDIV $0.11645 10/30/25 10/30/25 10/31/25 About Amplify ETFs Amplify ETFs, sponsored by Amplify Investments, has over $15.5 billion in assets under management (as of 9/30/2025).

Amplify High Income ETF (YYY) is rated a hold, due to elevated risks not fully justified by its current returns, despite its unique fund-of-CEFs strategy. YYY offers a high dividend yield around 10%, but this comes with a high total expense ratio of 3.25% and significant portfolio complexity. The fund's risk profile is similar to the S&P 500, but its performance and capital appreciation potential have lagged, limiting its appeal for most investors.

CHICAGO, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Amplify ETFs announces September income distributions for its income ETFs.

YYY offers high income via diversified CEF exposure, focusing on funds trading at discounts to NAV for potential value remediation. The ETF's high management fee and significant portfolio turnover may impact net returns and create tax implications for investors. YYY has underperformed peer CEF ETFs like CEFS, which offer similar strategies, but have delivered better historical returns, despite higher fees.