Key stats
About Amplify CWP Enhanced Dividend Income ETF
Expense ratio
0.56%
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Inception date
Dec 14, 2016
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.
Classification
What's in the fund
Exposure type
Finance
Retail Trade
Technology Services
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.