Amplify YieldShares CWP Dividend & Option Income ETF (DIVO) ETF

Amplify YieldShares CWP Dividend & Option Income ETF (DIVO) ETF Bio

The investment objective of the Amplify YieldShares CWP Dividend & Option Income ETF is to consist of two subsets. One is an equity portfolio of 20-25 high-quality large-cap U.S. stocks selected for the likelihood that they will continue to grow their dividends and a tactical covered-call options portfolio. The equity portfolio is designed to roughly reflect the sector breakdown of the S&P 500. The second is a covered-call portfolio, unlike many covered call strategies in ETF wrappers, is opportunistic and does not automatically write call options on a predetermined or automated schedule. Instead it uses a security’s strength and implied volatility as signals to write the options. DIVO is expected to generate income in the vicinity of 2-3% from dividends and 2-4% from option premiums