Amplify ETF Trust - Amplify Municipal CEF High Income ETF
$18.30+0.00 (+0.00%)
- Expense ratio
- 2.78%
- Fund size
- $2M
- 1Y return
- —
- Yield · Last 12 months
- Data unavailable
- Holdings
- 30
- Volume · 30D
- 0M sh
- NAV per share
- $18.28
- 52W range
The ETF.net YYYM Grade
Score 19 of 100 sits in the F band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E. A structural cap ceilings this fund at 40, so B and A are out of reach.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 3Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.FScore 20Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 41Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 32Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.DScore 25Category rank
Our read on YYYM
FAmplify's closed-end-fund playbook, pointed at munis: one ticker holding roughly 30 tax-exempt muni CEFs, screened for yield, discount to NAV, and liquidity. You get other managers' bond books, and their fee stack, in a single trade.
The fund seeks results generally corresponding to the price and yield performance of the Nasdaq Municipal Bond CEF High Income Index. That index selects tax-exempt municipal bond closed-end funds while prioritizing yield, discount to NAV, and liquidity.
Why people hold it
- Does the screening most investors never attempt: a rules-based index ranks municipal closed-end funds on yield, discount to net asset value, and liquidity, then holds about 30 of them.amplifyetfs.com
- Federally tax-advantaged income is the stated design goal, since everything inside is a tax-exempt municipal bond CEF run by an outside manager.blog.amplifyetfs.comamplifyetfs.com
- Discounts are a feature, not an accident: the methodology leans toward CEFs trading below NAV, so a dollar buys more of the underlying bond portfolio than sticker price suggests.amplifyetfs.com
- Not a first attempt. Amplify has run the same discounted-CEF screen in a multi-asset income ETF since 2013; this one narrows the machinery to municipals.blog.amplifyetfs.cometfstrategy.com
Worth knowing
- All-in cost is 2.78% a year against roughly 0.30% for the typical muni fund. In a fund of funds, the underlying CEFs' fees stack on top of the manager's.amplifyetfs.com
- Closed-end funds trade on sentiment as well as bonds, so the discounts this index hunts can widen as easily as they close, adding a layer of price swing over the muni market itself.amplifyetfs.com
- Launched in 2026, small and thinly traded, so there is no long record and execution costs weigh more than in giants like VTEB or MUB.
YYYM Holdings
- Bonds
- 30
- 38%
- KTF
Geography
- United States100.00%
YYYM Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | YYYM |
|---|---|
| Year to date | — |
| 1 month | −5.7% |
| 3 months | −7.4% |
| 1 year | — |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | YYYM |
|---|---|---|
| 2026 YTD | −6.0% |
YYYM in the news
ETF.net Research hasn’t filed on YYYM yet — coverage lands here as it’s written.
YYYM Dividends
- $0.11 per share
- Monthly
Distribution data unavailable.
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Aug 28, 2026 | Aug 31, 2026 | $0.11 |
| Jul 30, 2026 | Jul 31, 2026 | $0.11 |
| Jun 29, 2026 | Jun 30, 2026 | $0.12 |
| May 28, 2026 | May 29, 2026 | $0.12 |
| Apr 29, 2026 | Apr 30, 2026 | $0.12 |
YYYM Risk
- —
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- —
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- —
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.24
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
YYYM Cost
- The middle half of Other Municipal Bond funds
- Median 0.30%
59 of the 62 Other Municipal Bond funds charge less.