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This fund is designed to provide investors with a steady stream of income and exposure to the stock price movements of Amazon.com, Inc., while also capping the potential for investment appreciation.
Is AMZP's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.
My 21% yielding ETF portfolio continues to outperform major benchmarks in yield and total return, with recent strategic additions enhancing diversification. I replaced funds (AMZP, NVHE.U) with better suited ETFs, including quality Canadian and international equities with covered call overlays and modest leverage. New positions like CANY:CA, SIXY:CA, INTY:CA, YNVD:CA, YAVG:CA, and TDAX/TDAQ target sustainable high income, robust EPS growth, and exposure to leading sectors.
My updated Combined High-Yield Portfolio delivers a 21.04% average TTM yield, consistently outperforming SPY in total return across multiple periods. I emphasize a blend of high-yield ETFs—BANK:CA, UTES:CA, AMZP, NVHE.U, and NVII—balancing dividend growth, sector resilience, and global diversification. Covered call strategies on mega-cap growth stocks like AMZN and NVDA underpin both yield and sustainability, with selective exposure to Canadian financials and utilities.
Amazon (AMZN) offers strong, diversified future growth, making it a compelling base for sustainable covered call income ETFs. AMZP outperforms peers and AMZN itself (over most time frames) in total return, with a 20.95% TTM yield and resilient price performance. Kurv Investment Management's expertise and focused strategy enhance AMZP's appeal, though fund size and liquidity warrant monitoring.
Covered call ETFs and strategies remain in focus. The JPMorgan Equity Premium Income ETF (JEPI) gathered $13 billion in 2023, despite rising just 10% in value.
The week ending November 3, 2023, saw a good number of new ETFs enter the market as well as several closures. In all, there were 14 new ETFs including launches from Defiance, First Trust, Innovator, Roundhill, ProShares, John Hancock, Kingsbarn Capital Management, Dimensional and SRH Funds.