Amplify High Income ETF
 
Schedule of Investments
 
June 30, 2025 (Unaudited)
 
   
INVESTMENT COMPANIES - 99.2%
 
Shares
   
Value
 
Equity - 38.1%
       
abrdn Global Premier Properties Fund (a)
   
2,346,351
   
$
9,291,550
 
abrdn Healthcare Investors
   
1,039,237
     
16,097,781
 
abrdn Healthcare Opportunities Fund
   
954,956
     
17,561,641
 
abrdn Life Sciences Investors (a)
   
769,657
     
9,859,306
 
abrdn World Healthcare Fund (a)
   
1,067,205
     
10,949,523
 
Adams Diversified Equity Fund, Inc. (a)
   
242,540
     
5,265,543
 
Adams Natural Resources Fund, Inc.
   
212,131
     
4,533,239
 
BlackRock ESG Capital Allocation Term Trust
   
1,086,882
     
17,455,325
 
BlackRock Health Sciences Term Trust
   
1,157,004
     
16,498,877
 
BlackRock Resources & Commodities Strategy Trust
   
582,596
     
5,505,532
 
BlackRock Science and Technology Term Trust
   
818,870
     
16,991,553
 
BlackRock Technology and Private Equity Term Trust
   
2,250,256
     
16,516,879
 
Clough Global Opportunities Fund
   
629,183
     
3,416,464
 
Eaton Vance Tax Managed Global Buy Write Opportunities Fund
   
590,064
     
5,104,054
 
Eaton Vance Tax-Managed Global Diversified Equity Income Fund
   
605,566
     
5,298,702
 
Morgan Stanley Emerging Markets Domestic Debt Fund, Inc.
   
1,767,917
     
9,051,735
 
Neuberger Berman Next Generation Connectivity Fund, Inc.
   
372,970
     
5,445,362
 
Nuveen Core Plus Impact Fund
   
788,667
     
8,840,957
 
Nuveen Variable Rate Preferred & Income Fund
   
276,310
     
5,327,257
 
PGIM Global High Yield Fund, Inc.
   
422,182
     
5,661,461
 
Tortoise Energy Infrastructure Corp.
   
118,774
     
5,212,991
 
Virtus Convertible & Income Fund
   
619,674
     
8,799,371
 
Virtus Total Return Fund, Inc.
   
794,894
     
4,952,190
 
Voya Global Equity Dividend and Premium Opportunity Fund
   
941,303
     
5,459,557
 
             
219,096,850
 
                 
Fixed Income - 61.1%
         
Aberdeen Asia-Pacific Income Fund, Inc.
   
1,088,176
     
17,323,762
 
abrdn Global Dynamic Dividend Fund (a)
   
682,000
     
7,529,280
 
abrdn Global Infrastructure Income Fund (a)
   
793,882
     
16,179,315
 
abrdn Income Credit Strategies Fund
   
2,980,571
     
17,585,369
 
abrdn Total Dynamic Dividend Fund
   
2,026,915
     
17,958,467
 
Advent Convertible and Income Fund (a)
   
1,210,914
     
14,664,169
 
BlackRock Capital Allocation Term Trust (a)
   
1,171,108
     
17,730,575
 
BlackRock Credit Allocation Income Trust
   
491,558
     
5,367,813
 
BlackRock Enhanced Equity Dividend Trust
   
614,307
     
5,461,189
 
Brookfield Real Assets Income Fund, Inc.
   
377,277
     
5,044,193
 
Calamos Long/Short Equity & Dynamic Income Trust (a)
   
264,689
     
4,295,902
 
CBRE Global Real Estate Income Fund
   
3,696,579
     
19,554,903
 
DoubleLine Income Solutions Fund
   
444,190
     
5,436,886
 
Eaton Vance Ltd. Duration Income Fund
   
530,154
     
5,439,380
 
First Trust High Yield Opportunities 2027 Term Fund (a)
   
362,914
     
5,389,273
 
First Trust Senior Floating Rate Income Fund II
   
369,896
     
3,758,143
 
Franklin Ltd. Duration Income Trust
   
1,108,227
     
7,114,817
 
India Fund, Inc.
   
1,002,545
     
16,572,069
 
Invesco Senior Income Trust
   
4,205,710
     
15,981,698
 
KKR Income Opportunities Fund
   
358,576
     
4,503,715
 
Liberty All-Star Equity Fund
   
790,710
     
5,384,735
 
Morgan Stanley India Investment Fund, Inc.
   
135,312
     
3,819,858
 
Nuveen Credit Strategies Income Fund
   
948,351
     
5,111,612
 
Nuveen Floating Rate Income Fund/Closed-end Fund
   
2,086,378
     
17,671,622
 
Nuveen Multi-Asset Income Fund
   
916,790
     
11,579,058
 
Nuveen Preferred & Income Opportunities Fund (a)
   
693,605
     
5,562,712
 
Nuveen Real Asset Income and Growth Fund
   
751,974
     
10,151,649
 
NYLI CBRE Global Infrastructure Megatrends Term Fund
   
1,322,582
     
18,793,890
 
RiverNorth Opportunities Fund, Inc.
   
588,396
     
7,213,735
 
Royce Small-Cap Trust, Inc.
   
324,599
     
4,885,215
 
Virtus Convertible & Income Fund II (a)
   
276,476
     
3,549,952
 
Virtus Dividend Interest & Premium Strategy Fund
   
393,083
     
4,874,229
 
Western Asset Diversified Income Fund
   
1,252,927
     
18,593,437
 
Western Asset Emerging Markets Debt Fund, Inc.
   
517,743
     
5,203,317
 
Western Asset High Income Fund II, Inc.
   
2,469,498
     
10,594,146
 
Western Asset High Income Opportunity Fund, Inc. (a)
   
1,228,551
     
4,889,633
 
             
350,769,718
 
TOTAL INVESTMENT COMPANIES (Cost $582,536,445)
     
569,866,568
 
                 
SHORT-TERM INVESTMENTS - 2.1%
         
Value
 
Investments Purchased with Proceeds from Securities Lending - 1.5%
 
Shares
         
First American Government Obligations Fund - Class X, 4.25% (b)
   
8,490,666
     
8,490,666
 
                 
Money Market Funds - 0.6%
 
Shares
         
Invesco Government & Agency Portfolio – Institutional Class, 4.26% (b)
   
3,714,120
     
3,714,120
 
TOTAL SHORT-TERM INVESTMENTS (Cost $12,204,786)
     
12,204,786
 
                 
TOTAL INVESTMENTS - 101.3% (Cost $594,741,231)
     
582,071,354
 
Liabilities in Excess of Other Assets - (1.3)%
     
(7,428,561
)
TOTAL NET ASSETS - 100.0%
         
$
574,642,793
 
two
     
%
Percentages are stated as a percent of net assets.
     
%

(a)
All or a portion of this security is on loan as of June 30, 2025. The fair value of these securities was $8,288,227.
(b)
The rate shown represents the 7-day annualized effective yield as of June 30, 2025.



Summary of Fair Value Disclosure as of June 30, 2025 (Unaudited)
 
Amplify High Income ETF (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.
 
Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.
 
Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.
 
Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund’s own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.
 
The following is a summary of the fair valuation hierarchy of the Fund’s securities as of June 30, 2025:
 
   
Level 1
   
Level 2
   
Level 3
   
Total
 
Assets:
                       
Investments:
                       
  Investment Companies
   
569,866,568
     
     
     
569,866,568
 
  Investments Purchased with Proceeds from Securities Lending
   
8,490,666
     
     
     
8,490,666
 
  Money Market Funds
   
3,714,120
     
     
     
3,714,120
 
Total Investments
   
582,071,354
     
     
     
582,071,354
 
   
Refer to the Schedule of Investments for further disaggregation of investment categories.
 

Secured Borrowings (Unaudited)
The Funds adopted guidance requiring entities to present gross obligations for secured borrowings by the type of collateral pledged and remaining time to maturity. As of June 30, 2025, the Fund had loaned securities and received cash collateral for the loans. The cash collateral is invested by the Securities Lending Agent in accordance with approved investment guidelines. Those guidelines require the cash collateral to be invested in readily marketable, high quality, short-term obligations; however, such investments are subject to risk of payment delays or default on the part of the issuer or counterparty or otherwise may not generate sufficient interest to support the costs associated with securities lending. The Fund could also experience delays in recovering its securities and possible loss of income or value if the borrower fails to return the borrowed securities, although the Fund is indemnified from this risk by contract with the Securities Lending Agent.