Amplify ETF Trust - Amplify Municipal CEF High Income ETF
Amplify ETF Trust - Amplify Municipal CEF High Income ETF
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Overview
What the company does, where it operates, and who runs it.
About Amplify ETF Trust - Amplify Municipal CEF High Income ETF
- Industry
- Asset Management - Income
- Sector
- Financial Services
- CEO
- Not available
- Headquarters
- 3333 Warrenville Road, Lisle, IL, US
- Industry
- Asset Management - Income
- Sector
- Financial Services
- CEO
- Not available
- Headquarters
- 3333 Warrenville Road, Lisle, IL, US
This passively managed exchange-traded fund (ETF) seeks to deliver substantial monthly income by investing in a concentrated portfolio of 30 U.S. municipal bond closed-end funds (CEFs). These underlying investments typically offer the advantage of being exempt from ordinary U.S. federal income taxes. Fund selection follows a systematic, index-based methodology involving a two-stage screening process. Criteria for inclusion assess factors such as a minimum asset base, sufficient trading volume, attractive yield compared to the wider market, their trading price relative to Net Asset Value (NAV) – specifically focusing on discounts – and an upper limit of 6% on the expense ratio. Subsequently, eligible CEFs are ranked according to a composite score, with the highest-scoring 30 selected for inclusion in the index. Each fund's proportional representation within the portfolio is dictated by its relative yield, while also adhering to specific diversification and liquidity safeguards. The investment approach strategically targets high-yielding CEFs trading at a discount to their NAV, prioritizing those with ample liquidity to mitigate transaction expenses across the portfolio. The index undergoes rebalancing and reconstitution on a semi-annual basis, occurring each January and July.
Media
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Stock Data
Price chart, volume, and trading data.
Fair Value
What FRC thinks the stock is worth vs. the current price.
FRC's fair value estimate for Amplify ETF Trust - Amplify Municipal CEF High Income ETF, and the rating behind it. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.
Financial Ratios
Profitability, returns, valuation, and leverage ratios.
Valuation, profitability, liquidity and leverage ratios for Amplify ETF Trust - Amplify Municipal CEF High Income ETF. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.
Dividend Analysis
Yield, payout ratio, and dividend coverage metrics.
Dividend history, yield and payout sustainability for Amplify ETF Trust - Amplify Municipal CEF High Income ETF. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.
Earnings Analysis
EPS history, beat rate, and upcoming earnings reports.
Reported vs. expected earnings history for Amplify ETF Trust - Amplify Municipal CEF High Income ETF. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.
Financial Statements
Income statement, balance sheet, and cash flow statements.
Income statement, balance sheet and cash flow history for Amplify ETF Trust - Amplify Municipal CEF High Income ETF. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.
Comparables
List of peer companies in the same industry.
Amplify ETF Trust - Amplify Municipal CEF High Income ETF valued side by side against its closest peers. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.
Institutional Ownership
Which funds and firms own the stock.
Which institutions hold Amplify ETF Trust - Amplify Municipal CEF High Income ETF, and how their positions are changing. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings.
Insider Trading
Recent buying and selling by company executives.
Buying and selling by Amplify ETF Trust - Amplify Municipal CEF High Income ETF executives and directors. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned.
Senate Trading
U.S. Senator disclosures filed under the STOCK Act.
U.S. Senate disclosures naming Amplify ETF Trust - Amplify Municipal CEF High Income ETF. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely.
House Trading
U.S. Representative disclosures filed under the STOCK Act.
U.S. House of Representatives disclosures naming Amplify ETF Trust - Amplify Municipal CEF High Income ETF. Representatives' reported transactions in this security, shown next to the company's fundamentals.
News
Latest headlines and market coverage.
Latest headlines and company announcements for Amplify ETF Trust - Amplify Municipal CEF High Income ETF. Press releases and market coverage, newest first.