DIVO

Amplify CWP Enhanced
Dividend Income ETF

High-quality equity income potential with a proven approach

Fund Details

Data as of: N/A
Ticker DIVO
Inception 12/14/2016
Primary Exchange NYSE Arca
CUSIP 032108409
Net Assets N/A
Shares Outstanding N/A
# of Holdings N/A
Expense Ratio: N/A

Fund Characteristics

Weighted Avg. Market Cap N/A
Price-to-earnings N/A
Price-to-book N/A
Standard deviation N/A

Standard deviation measures how dispersed returns are around the average. A higher standard deviation indicates that returns are spread out over a larger range of values and thus, more volatile.

Index Details

Index Name EQM Lithium & Battery Technology Index
Index Ticker BATTIDX
Index Provider EQM Indexes
Weighting Methodology Modified market-cap
Rebalance Frequency Quarterly
Index Website eqmindexes.com

Fund Documents

Why Invest in DIVO?

  • Income Potential: comprised of high-quality dividend-oriented stocks, along with covered calls on individual stocks.
  • Active Management: allows the portfolio manager (CWP) to identify opportunities and risks, and act on those decisions in real time.
  • Seeks to Lower Volatility: dividend and option income may provide lower share price volatility vs. the overall market during times of broad-based market declines.

capital wealth planning

DIVO seeks investment results that correspond generally to an existing strategy called the Enhanced Dividend Income Portfolio (EDIP). The strategy is managed by DIVO’s sub-adviser, Capital Wealth Planning (CWP).

morningstar-5-star
Morningstar RatingTM
Overall rating based on risk-adjusted return among 65 funds in the Derivative Income category (as of 3/31/22)

Objective and Strategy

DIVO is an actively managed ETF of high-quality large-cap companies with a history of dividend growth, along with a tactical covered call* strategy on individual stocks. DIVO is strategically designed to offer high levels of total return on a risk-adjusted basis.

Yield

Data as of: N/A
Distribution Frequency Monthly 30-Day SEC Yield** N/A
Distribution Rate* N/A

* Distribution Rate is the annual yield an investor would receive if the most recent distribution remained the same going forward. The yield represents a single distribution from the fund and does not represent total return to the fund. The distribution yield is calculated by annualizing the most recent distribution – from both dividend and option income – and dividing it by the most recent NAV. Distributions have included a return of capital. Please click here for more information.

** 30-Day SEC Yield is a standard yield calculation developed by the Securities and Exchange Commission that allows for fairer comparisons among bond funds. It is based on the most recent month end. This figure reflects the income earned from dividends – excluding option income – during the period after deducting the Fund’s expenses for the period.

NAV and Market Price

Data as of: N/A
Previous Day's NAV Previous Day's Market Price
Net Asset Value N/A Closing Price N/A
Daily Change N/A Daily Change N/A
% Daily Change N/A % Daily Change N/A
30-Day Median Bid/Ask Spread N/A Premium/Discount % N/A
Premium Discount History

Daily Price/NAV Performance

Data as of: N/A
 

Fund Holdings

Data as of: N/A
TOP 10 HOLDINGS

Fund holdings are subject to change at any time and should not be considered recommendations to buy or sell any security.

DIVO Selection Methodology

DIVO_funnel_chart

Sector Allocation

Data as of: N/A

Market Capitalization

Data as of: N/A
LARGE CAP (> $10B): N/A
MID CAP ($2B - $10B): N/A
SMALL CAP ($300M - < $2B): N/A
MICRO CAP (<$300M):

Fund holdings are subject to change at any time and should not be considered recommendations to buy or sell any security.

Performance

  CUMULATIVE (%) ANNUALIZED (%)
  1 Mo. 3 Mo. 6 Mo. YTD Since Inception
(12/14/16)
1 Yr. 3 Yr. 5 Yr. Since Inception
(12/14/16)
Month end as of TBD
Fund NAV N/A N/A N/A N/A N/A N/A N/A N/A N/A
Closing Price N/A N/A N/A N/A N/A N/A N/A N/A N/A
S&P 500 TR Index N/A N/A N/A N/A N/A N/A N/A N/A N/A
Cboe S&P 500 BuyWrite Index N/A N/A N/A N/A N/A N/A N/A N/A N/A
Quarter end as of TBD
Fund NAV N/A N/A N/A N/A N/A N/A N/A N/A N/A
Closing Price N/A N/A N/A N/A N/A N/A N/A N/A N/A
S&P 500 TR Index N/A N/A N/A N/A N/A N/A N/A N/A N/A
Cboe S&P 500 BuyWrite Index N/A N/A N/A N/A N/A N/A N/A N/A N/A

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Short-term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns. Brokerage commissions will reduce returns.

The Standard & Poor's (S&P) 500 Total Return Index is an unmanaged, market-capitalization-weighted index of the 500 largest U.S. publicly traded companies by market value, and assumes distributions are reinvested back into the index. It does not include fees or expenses. It is not possible to invest directly in an index.

The Cboe S&P 500 BuyWrite Index (BXM) is a benchmark index designed to track the performance of a hypothetical buy-write strategy on the S&P 500 Index. A “buy-write” strategy is generally one in which an investor buys a stock (or basket of stocks), and also writes covered calls that correspond to those holdings.

DIVO differs substantially from the S&P 500 Index and Cboe S&P 500 BuyWrite index, which are used for comparison purposes as widely recognized measures of U.S. stock market performance. While the returns of DIVO have exhibited positive (but varying) correlation to the indexes over time, DIVO may invest in different stocks and in different proportions than in the S&P 500 index and Cboe BuyWrite index.

Premium/Discount

Data as of: N/A
 

The table and line graph are provided to show the frequency at which the closing price of the Fund was at a premium (above) or discount (below) to the Fund's daily net asset value ("NAV"). The table and line graph represent past performance and cannot be used to predict future results. Shareholders may pay more than NAV when buying Fund shares and receive less than an NAV when those shares are sold because shares are bought and sold at current market prices.

This is your Counts mockup

Calendar Year Calendar Year through
Days traded at premium N/A N/A
Days traded at net asset value N/A N/A
Days traded at discount N/A N/A

DIVO Distributions

EX-DATERECORD DATEPAYABLE DATEAMOUNT

2017

2018

2019

2020

2021

2022

1/27/221/28/221/31/22$0.14528
2/24/222/25/222/28/22$0.14468
3/29/223/30/223/31/22$0.15068
4/27/224/28/224/29/22$0.14700
5/26/225/27/225/31/22
6/28/226/29/226/30/22
7/27/227/28/227/29/22
8/29/228/30/228/31/22
9/28/229/29/229/30/22
10/27/2210/28/2210/31/22
11/28/2211/29/2211/30/22
12/28/2212/29/2212/30/22

*A covered call refers to a financial transaction in which the investor selling call options owns an equivalent amount of the underlying security.

Investing involves risk, including the possible loss of principal. You could lose money by investing in the Fund. An investment in the Fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. There can be no assurance that the Fund’s investment objectives will be achieved. Covered call risk is the risk that the Fund will forgo, during the option’s life, the opportunity to profit from increases in the market value of the security covering the call option above the sum of the premium and the strike price of the call, but has retained the risk of loss should the price of the underlying security decline. The Fund may invest in mid-capitalization companies. This may cause the Fund to be more vulnerable to adverse general market or economic developments because such securities may be less liquid and subject to greater price volatility than those of larger, more established companies. Because the Fund is non-diversified and can invest a greater portion of its assets in securities of individual issuers than a diversified fund, changes in the market value of a single investment could cause greater fluctuations in Share price than would occur in a diversified fund.

© 2022 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
The Morningstar Rating™ for funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The Morningstar Rating does not include any adjustment for sales loads. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. DIVO received 5 stars among 65 funds in the Derivative Income category for the overall, 3-year, and 42 funds for the 5-year periods ending 3/31/22.
Amplify Investments LLC serves as the investment adviser to the Fund. Capital Wealth Planning, LLC and Penserra Capital Management LLC each serve as investment sub-advisers to the Fund.
Amplify ETFs are distributed by Foreside Fund Services, LLC.

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