Amplify CWP Enhanced Dividend Income ETF

Frequently Asked Questions About DIVO

What does DIVO invest in?

The Amplify CWP Enhanced Dividend Income ETF, known as DIVO, is an exchange-traded fund that primarily invests in financially robust, large-capitalization companies. These selected companies are distinguished by their consistent history of increasing both their dividends and corporate profits. In addition to its core equity holdings, DIVO also employs a dynamic covered call options strategy on its underlying stock investments. The fund's overarching goal is to generate substantial total returns while maintaining an optimized risk profile.

What is the expense ratio of DIVO?

Amplify CWP Enhanced Dividend Income ETF (DIVO) charges an expense ratio of 0.56%. This is the annual fee deducted from fund assets to cover management and operations.

What is DIVO's distribution yield?

DIVO's trailing-twelve-month yield is 6.20%, calculated from the sum of distributions over the past year divided by the current price.

How does DIVO's covered-call strategy work?

DIVO sells call options against the stocks (or index) it holds, collecting premium income that gets passed through to shareholders as distributions. The strategy generates above-market income in flat or rising markets but caps upside — when the underlying rallies past the strike, the gains above the strike go to the option buyer, not the fund.

How big is DIVO?

Amplify CWP Enhanced Dividend Income ETF (DIVO) manages $7.79B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is DIVO actively managed or an index fund?

DIVO's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.