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Launched

Amplify Municipal CEF High Income ETF

YYYMNYSE ArcaAmplifyF

$18.10−0.02 (−0.09%)

As of Nov 2, 2026, 1:58 PM ET

F18/ 100

Rank 63 of 63 in Other Municipal Bond

F18/100Rank 63 of 63inOther Municipal Bond
Intraday session: down, 55 prints from 18.12 to 18.10. Range 18.10 to 18.11. Use the arrow keys to read each point.18.1118.1118.1110 AM12 PM2 PM4 PM
Expense ratio
2.78%
Fund size
$2M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
32
Avg volume · 30D
2.2K sh
52W range
low $16.95high $20.99
Launched

The ETF.net YYYM Grade

Based on 5 of 6 pillars

F

Score 18 out of 100

Category
Other Municipal Bond⁠
Rank
63 of 63
Six-pillar profile for YYYM. Scores out of 100: Cost 3, Risk 17, Mission not scored, Tradability 41, Holdings 32, Durability 25. Strongest: Tradability (41). Weakest: Cost (3). Based on 5 of 6 pillars.

Score 18 of 100 falls in the F band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

Very small fund, grade capped at C.

The cap holds the Score at 40 or below, so B and A are out of reach.

The pillars earned
19
This cap took
0
Published Score
18 Grade F

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F3 out of 100
    Rank 61 of 63

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    F17 out of 100
    Rank 63 of 63

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C41 out of 100
    Rank 43 of 63

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D32 out of 100
    Rank 57 of 63

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    D25 out of 100
    Rank 53 of 63

Our read on YYYM

ETF.net Research

In short

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.

Stated mandate

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.amplifyetfs.comamplifyetfs.com 2
  • 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.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 Performance

Launched Mar 10, 2026

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
YYYM$9,473
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,141
Jul 31, 2026 to Oct 30, 2026. YYYM $9,473. SPY $10,141. Use the arrow keys to read each point.$9,000$9,500$10,000$10,500Jul 2026Sep 2026Oct 2026

Jul 31, 2026 – Oct 30, 2026

Returns run to the Oct 30, 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.

Trailing total return for YYYM. Periods over one year show the average yearly return.
PeriodYYYM
Year to dateFund launched this yearNo data
1 month+5.8%
3 months−5.3%
1 yearFund is under 1 year oldNo data
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for YYYM
YearReturn barYYYM
2026 YTD−5.6%

Since listing, Mar 10, 2026

YYYM in the news

YYYM Dividends

Last payment
$0.11 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2026

One bar per payment. 7 payments in 2026 YTD. Apr 29, 2026 $0.12; May 28, 2026 $0.12; Jun 29, 2026 $0.12; Jul 30, 2026 $0.11; Aug 28, 2026 $0.11; Sep 29, 2026 $0.10; Oct 29, 2026 $0.11. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Oct 29, 2026Oct 30, 2026$0.11
Sep 29, 2026Sep 30, 2026$0.10
Aug 28, 2026Aug 31, 2026$0.11
Jul 30, 2026Jul 31, 2026$0.11
Jun 29, 2026Jun 30, 2026$0.12
May 28, 2026May 29, 2026$0.12
Apr 29, 2026Apr 30, 2026$0.12

YYYM Risk

Risk pillarF17 out of 100Rank 63 of 63 in Other Municipal Bond
How much the fund’s monthly returns vary, scaled to a year.
Launched Mar 2026; fills in after 12 months
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.

Return above 3-month US Treasury bills per unit of volatility.
Launched Mar 2026; fills in after 12 months
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.

The largest fall from a peak to the low that followed.
Launched Mar 2026; fills in after 12 months
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.

How strongly the fund’s returns move with its asset-class index.
0.24
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

YYYM Cost

Compare YYYM and VTEB

Overpaying vs VTEB, tied cheapest in Other Municipal Bond

$40,928

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • YYYM 2.78%

    $41,566

  • VTEB 0.03% Tied cheapest

    $638

$10,000
30 years

Cost over time

  • YYYM 2.78%
  • VTEB 0.03%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K$40K$50K051015202530YYYM $41,566VTEB $638

Year by year

YearYYYMVTEBOverpaying
10$4,553$55$4,498
20$15,840$216$15,624
30$41,566$638$40,928

Other funds in Other Municipal Bond

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