Amplify CEF High Income ETF offers diversified exposure to high-yield closed-end funds with a 50/50 equities/bonds allocation and no top-level leverage. Despite a 12% yield, YYY's long-term annualized ...
YYY takes a fund-of-funds approach to investing in CEFs. It pays a forward yield of 11.3%. However, with a distribution rate far higher than the fund's average annual total returns, the YYY appears to ...