Amplify High Income ETF
 
Schedule of Investments
 
December 31, 2024 (Unaudited)
 
   
INVESTMENT COMPANIES - 98.2%
 
Shares
   
Value
 
Equity - 42.4%
       
abrdn Global Premier Properties Fund (a)
   
2,524,654
   
$
9,745,164
 
abrdn Healthcare Investors
   
929,755
     
14,922,568
 
abrdn Healthcare Opportunities Fund (a)
   
242,886
     
4,583,259
 
abrdn Life Sciences Investors
   
827,575
     
10,857,784
 
BlackRock ESG Capital Allocation Term Trust
   
970,318
     
15,913,215
 
BlackRock Health Sciences Term Trust
   
1,041,803
     
15,001,963
 
BlackRock Innovation and Growth Term Trust
   
2,141,083
     
15,929,658
 
BlackRock Science and Technology Term Trust (a)
   
808,947
     
16,753,292
 
Calamos Long/Short Equity & Dynamic Income Trust
   
280,356
     
4,157,679
 
CBRE Global Real Estate Income Fund (a)
   
3,428,958
     
16,493,288
 
Eaton Vance Tax Managed Global Buy Write Opportunities Fund
   
569,263
     
4,793,194
 
Eaton Vance Tax-Advantaged Dividend Income Fund
   
205,577
     
4,944,127
 
Eaton Vance Tax-Managed Buy-Write Opportunities Fund
   
372,711
     
5,370,766
 
Eaton Vance Tax-Managed Global Diversified Equity Income Fund
   
564,419
     
4,611,303
 
India Fund, Inc.
   
270,250
     
4,256,438
 
Kayne Anderson Energy Infrastructure Fund
   
452,979
     
5,757,363
 
Liberty All Star Growth Fund, Inc.
   
850,277
     
4,804,065
 
Liberty All-Star Equity Fund
   
754,971
     
5,247,048
 
Neuberger Berman Energy Infrastructure and Income Fund, Inc.
   
611,303
     
5,397,805
 
Neuberger Berman Next Generation Connectivity Fund, Inc.
   
360,782
     
4,596,363
 
Nuveen Real Asset Income and Growth Fund
   
813,027
     
9,862,018
 
NYLI CBRE Global Infrastructure Megatrends Term Fund
   
1,278,358
     
15,557,617
 
Virtus Dividend Interest & Premium Strategy Fund (a)
   
376,677
     
4,757,431
 
Virtus Total Return Fund, Inc.
   
1,824,466
     
10,691,371
 
Voya Global Equity Dividend and Premium Opportunity Fund
   
2,155,507
     
11,682,848
 
             
226,687,627
 
                 
Fixed Income - 55.8%
         
Aberdeen Asia-Pacific Income Fund, Inc.
   
1,041,199
     
15,326,449
 
abrdn Global Infrastructure Income Fund
   
766,832
     
13,442,565
 
Advent Convertible and Income Fund (a)
   
1,068,202
     
12,572,738
 
BlackRock Capital Allocation Term Trust
   
1,036,473
     
15,702,566
 
BlackRock Corporate High Yield Fund, Inc.
   
552,640
     
5,421,398
 
BlackRock Credit Allocation Income Trust
   
469,007
     
4,905,813
 
BlackRock Debt Strategies Fund, Inc. (a)
   
493,927
     
5,314,655
 
BlackRock Floating Rate Income Strategies Fund, Inc. (a)
   
1,041,457
     
14,320,034
 
BlackRock Floating Rate Income Trust
   
686,454
     
8,827,798
 
Blackstone Strategic Credit 2027 Term Fund
   
415,359
     
5,079,841
 
Brookfield Real Assets Income Fund, Inc.
   
362,513
     
4,828,673
 
DoubleLine Income Solutions Fund
   
427,753
     
5,376,855
 
Eaton Vance Ltd. Duration Income Fund
   
501,890
     
4,903,465
 
First Trust High Yield Opportunities 2027 Term Fund (a)
   
345,945
     
5,009,284
 
First Trust Senior Floating Rate Income Fund II
   
768,065
     
7,949,473
 
Franklin Ltd. Duration Income Trust
   
1,194,393
     
7,918,826
 
Guggenheim Active Allocation Fund/DE
   
320,814
     
4,770,504
 
KKR Income Opportunities Fund (a)
   
383,114
     
5,126,065
 
Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (a)
   
1,915,778
     
8,697,632
 
Nuveen Core Plus Impact Fund
   
849,975
     
8,933,237
 
Nuveen Credit Strategies Income Fund (a)
   
3,102,400
     
17,652,656
 
Nuveen Floating Rate Income Fund/Closed-end Fund
   
1,972,108
     
17,591,203
 
Nuveen Multi-Asset Income Fund
   
721,314
     
8,684,621
 
Nuveen Preferred & Income Opportunities Fund (a)
   
665,815
     
5,233,306
 
Nuveen Variable Rate Preferred & Income Fund
   
264,454
     
4,820,996
 
PGIM Global High Yield Fund, Inc.
   
410,203
     
5,053,701
 
PGIM High Yield Bond Fund, Inc.
   
385,160
     
5,268,989
 
RiverNorth Opportunities Fund, Inc.
   
634,127
     
7,286,119
 
Saba Capital Income & Opportunities Fund
   
1,257,178
     
9,579,696
 
Saba Capital Income & Opportunities Fund II (a)
   
602,348
     
5,457,273
 
Virtus Convertible & Income Fund
   
2,671,447
     
9,269,921
 
Western Asset Diversified Income Fund
   
1,176,895
     
16,770,754
 
Western Asset Emerging Markets Debt Fund, Inc.
   
509,127
     
4,897,802
 
Western Asset High Income Fund II, Inc.
   
2,661,446
     
11,204,688
 
Western Asset High Income Opportunity Fund, Inc.
   
1,286,395
     
5,055,532
 
             
298,255,128
 
TOTAL INVESTMENT COMPANIES (Cost $546,072,812)
     
524,942,755
 
                 
SHORT-TERM INVESTMENTS - 3.2%
         
Value
 
Investments Purchased with Proceeds from Securities Lending - 0.9%
 
Shares
         
First American Government Obligations Fund - Class X, 4.39% (b)
   
4,909,629
     
4,909,629
 
                 
Money Market Funds - 2.3%
               
Invesco Government & Agency Portfolio – Institutional Class, 4.42% (b)
   
12,139,548
     
12,139,548
 
TOTAL SHORT-TERM INVESTMENTS (Cost $17,049,177)
     
17,049,177
 
                 
TOTAL INVESTMENTS - 101.4% (Cost $563,121,989)
     
541,991,932
 
Liabilities in Excess of Other Assets - (1.4)%
     
(7,509,698
)
TOTAL NET ASSETS - 100.0%
         
$
534,482,234
 
two
     
%
Percentages are stated as a percent of net assets.
     
%

(a)
All or a portion of this security is on loan as of December 31, 2024. The total market value of these securities was $4,722,719 which represented 0.9% of net assets.
(b)
The rate shown represents the 7-day annualized effective yield as of December 31, 2024.


Summary of Fair Value Disclosure as of December 31, 2024 (Unaudited)
 
Amplify High Income ETF has adopted authoritative fair value accounting standards which establish an authoritative 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 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 would be based on the best information available.
 
The following is a summary of the fair valuation hierarchy of the Fund’s securities as of December 31, 2024:
 
   
Level 1
   
Level 2
   
Level 3
   
Total
 
Investments:
                       
  Investment Companies
 
$
524,942,755
   
$
   
$
   
$
524,942,755
 
  Investments Purchased with Proceeds from Securities Lending
   
4,909,629
     
     
     
4,909,629
 
  Money Market Funds
   
12,139,548
     
     
     
12,139,548
 
Total Investments
 
$
541,991,932
   
$
   
$
   
$
541,991,932
 
   
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 December 31, 2024, 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.