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 ...
The Amplify High Income ETF offers a high yield of 12.8%. The YYY ETF employs a "fund-of-funds" strategy, investing in 60 closed-end funds, with a 60/40 allocation in stocks & bonds, and significant ...