Amplify High Income ETF is structured as an exchange-traded fund and serves as a "fund of funds" in the closed-end fund space. YYY aims to replicate the ISE High Income Index, which selects CEFs ...
YYY takes a fund-of-funds approach to investing in CEFs. It pays a forward yield of 11.3%. However, with a distribution rate far higher than the fund's average annual total returns, the YYY appears to ...