Fund Details
| Ticker | HYGM |
| Launch Date | 04/21/2026 |
| Primary Exchange | CBOE BZX |
| CUSIP | 032108334 |
| Net Assets | $749,400 |
| Shares Outstanding | 30,000 |
| # of Holdings (view all holdings) | TBD |
| Fees & Expenses | |
| Management Fee: | 0.40% |
| Acquired Fund Fees & Expenses2: | 0.49% |
| Expense Waiver/Reimbursement3 | (0.10)% |
| Net Expense Ratio: | 0.79% |
Index Details
| Index Name | Bloomberg U.S. High Yield Corporate Bond 10% Income Covered Call Index |
| Index Ticker | BTSICTHY |
| Rebalance Frequency | Weekly Options Roll |
| Index Website | Bloomberg.com |
Fund Documents
Regulatory Documents
Why Invest in HYGM ETF?
- High Targeted Income: HYGM targets 10% annualized income through option premium income1 and interest on high-yield bonds.
- Total Return Focus: HYGM aims to deliver attractive total return by combining consistent premium income from covered calls with upside potential from shares not covered by calls.
- Income Diversification: High‑yield bonds may help boost income and total return driven by credit spread tightening, complementing traditional fixed‑income allocations.
Objective and Strategy
Targeting high income and capital appreciation potential, HYGM offers portfolio diversification by combining weekly covered calls with high‑yield bond exposure in a single ticker. Amplify HYG High Yield 10% Target Income ETF (HYGM) seeks investment results that generally correspond (before fees and expenses) to the performance of the Bloomberg U.S. High Yield Corporate Bond 10% Income Covered Call Index.
Target Income may not be achieved, and income may be significantly below that level during any one‑year period if NAV remains level or declines. Distributions are not guaranteed.
Yield & Distributions
| Distribution Rate* | N/A | 30-Day SEC Yield** | N/A | |
| Distribution Frequency | Monthly | |||
There is no guarantee that distributions will be made.
* Distribution Rate is the normalized current distribution (annualized) over NAV per share. Distributions may include income, capital gains, or return of capital, & may vary during the year, details in the Fund’s 19a‑1 Notice.
** 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.
Fund Holdings
| TOP STRATEGIC HOLDINGS | |||
|---|---|---|---|
Fund holdings are subject to change at any time and should not be considered recommendations to buy or sell any security.
Targeted High-Income Covered Call Construction
HYGM aims to provide a high level of income through buying iShares iBoxx High Yield Corporate Bond ETF (“HYG”) and selling one-week expiration, at the money4 call option contracts, to target a total of 10% annual income from option premiums and interest income.
Buy
Buy high-yield corporate bonds through HYG.
Target 10% Income Annually
Write
Sell weekly call options on HYG, selling only enough calls to generate a total of 10% annual income from option premiums and interest income.
Roll
On a weekly basis, replace expiring covered call option with the new one (roll) to help generate ongoing option premiums.
Distribute
HYGM seeks to pay monthly distributions that include both the option income premiums and the underlying HYG dividends.
Sector Allocation
Market Capitalization
| 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 | 1 Yr. | Since Inception | |||
| Month end as of TBD | |||||||||
| NAV | 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 | ||
| Bloomberg U.S. High Yield Corporate Bond 10% Income Covered Call Index | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||
| Quarter end as of TBD | |||||||||
| NAV | 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 | ||
| Bloomberg U.S. High Yield Corporate Bond 10% Income Covered Call Index | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||
Fund inception date: 04/20/2026. The performance data quoted represents past performance and does not guarantee future results. 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 the original cost. Current performance may be lower or higher than the performance quoted. Brokerage commissions will reduce returns. NAV is the sum of all its assets less any liabilities, divided by the number of shares outstanding. The closing price is the last price at which the fund traded.
NAV and Market Price
| Previous Day's NAV | Previous Day's Market Price | |||
|---|---|---|---|---|
| Net Asset Value | $24.98 | 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
Premium/Discount
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
| 2025 | Q1 | Q2 | Q3 | Q4 | |
|---|---|---|---|---|---|
| Days traded at premium | N/A | N/A | N/A | N/A | N/A |
| Days traded at net asset value | N/A | N/A | N/A | N/A | N/A |
| Days traded at discount | N/A | N/A | N/A | N/A | N/A |
1An option premium is the cost an option buyer pays to the seller for the right to trade an asset at a set price within a certain period.
2Estimated based on expected expenses for the current fiscal year.
3The Sponsor has agreed to waive 0.10% of the management fee until at least 4/17/2027.
4At the money call options prioritize income from option premiums with potential growth if the underlying isn’t called away.
Carefully consider the Fund’s investment objectives, risks, charges, and expenses before investing. This and other information can be found in the Fund’s statutory and summary prospectuses, which may be obtained at AmplifyETFs.com. Read the prospectus carefully before investing. Investing involves risk, including the possible loss of principal. Shares of any ETF are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the Fund. Brokerage commissions will reduce returns.
There is no guarantee that the Fund will meet its investment objective. The Fund is not actively managed and the Fund’s return may not match or achieve a high degree of correlation with the return of the Index. The Fund is non‑diversified and may be concentrated, which can increase volatility. The Fund is subject to market risk, interest rate risk, inflation risk, credit risk, underlying fund risk, and risks associated with high-yield bonds. Rising interest rates generally reduce the value of fixed income investments.
Covered call strategies may limit upside potential while still exposing the Fund to downside risk.
Covered puts can incur substantial losses if the underlying asset rises sharply, with premiums offering limited protection. The use of FLEX Options and other derivatives involves additional risks. Monthly distributions may include return of capital, which lowers the investor’s cost basis and could result in higher loss.
The Bloomberg U.S. High Yield Corporate Bond 10% Income Covered Call Index is designed to provide exposure to U.S. dollar denominated high yield corporate bonds and generate 10% income through interest payments and option premiums.
Investment advisor: Amplify Investments LLC; Sub-Adviser: Samsung Asset Management (New York), Inc.