Maximize Returns with AI-Powered BHK Insights


BHK Forecast

YYY: Risky, Ineffective Strategy, Declining Share Price And Dividends

The Amplify High Income ETF (NYSEARCA:YYY) is an index ETF investing in the CEFs with the highest yields, discounts to NAV, and liquidity. YYY's strategy has proven ineffective in the past, with the fund consistently investing in yield traps and other underperforming CEFs. These investments have led to consistent distribution cuts and capital losses in the past and will, I believe, continue to lead to cuts and losses in the future. As such, I would not invest in YYY.

seekingalpha.com     Jul 18, 2023