Simplify Exchange Traded Funds Simplify Enhanced Income ETFSimplify Exchange Traded Funds Simplify Enhanced Income ETFSimplify Exchange Traded Funds Simplify Enhanced Income ETF

Simplify Exchange Traded Funds Simplify Enhanced Income ETF

No trades
Buy HIGH

Key stats


Assets under management (AUM)
‪337.77 M‬USD
Fund flows (1Y)
‪204.12 M‬USD
Dividend yield (indicated)
8.74%
Discount/Premium to NAV
−0.3%

About Simplify Exchange Traded Funds Simplify Enhanced Income ETF


Issuer
Simplify Asset Management, Inc.
Brand
Simplify
Expense ratio
0.51%
Home page
Inception date
Oct 27, 2022
Index tracked
No Underlying Index
Management style
Active
HIGH is actively managed to provide enhanced income. The fund primarily invests in income-producing US Treasury securities, including related ETFs. The portfolio of US Treasurys is maintained to have a weighted average duration of two years or less. Securities are selected to maximize portfolio yield within the current duration target. To generate additional income, HIGH employs an option spread writing strategy on index-based domestic equity and fixed income ETFs. A call or a put spread is utilized, depending on the outlook on a reference ETFs price. The adviser writes short-dated, out-of-the-money calls (or puts) with less than a month to maturity while also purchasing further out-of-the-money calls (or puts). The fund expects options to be held to expiration but may adjust positions following a big price swing in the reference ETF. The option writing strategy pursued is a form of leveraged investing that attempts to collect income based on the value of time erosion.

Classification


Asset Class
Fixed income
Category
Government, treasury
Focus
Investment grade
Niche
Short-term
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of October 30, 2024
Exposure type
Bonds, Cash & Other
Government
Bonds, Cash & Other100.00%
Government99.87%
Mutual fund0.31%
Cash0.00%
Rights & Warrants−0.19%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows