# Simplify Enhanced Income ETF (HIGH): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/high for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Simplify · Asset class: Equity Income - Strategy: Thematic · Inception: 2022-10-27 The Simplify Enhanced Income ETF (HIGH) aims to generate consistent monthly income by strategically selling short-term put and/or call spreads on a diverse array of underlying assets, including market indices, exchange-traded funds, and individual stocks or bonds. Positioned as an alternative high-yield solution, the fund seeks to offer substantial supplemental income beyond that of Treasury bills, while maintaining a low correlation to conventional credit and interest rate exposures. Its core function relies on an advanced option-writing algorithm designed to identify and execute spreads w... ## Key Facts | Metric | Value | |---|---| | Price | $21.10 | | Expense Ratio | 0.50% | | Assets Under Management | $57.8M | | NAV | $21.21 | | Holdings Count | 38 | | Distribution Yield (TTM) | 6.45% | | Annual Distribution (TTM) | $1.36 /share | | Distribution Frequency | Monthly | | 52-Week Range | $20.96 – $23.88 | | Beta | -0.01 | ## Latest Distribution - Amount: $0.1000 /share - Ex-date: 2026-09-25 - Pay date: 2026-09-30 ## Frequently Asked Questions ### What does HIGH invest in? The Simplify Enhanced Income ETF (HIGH) aims to generate consistent monthly income by strategically selling short-term put and/or call spreads on a diverse array of underlying assets, including market indices, exchange-traded funds, and individual stocks or bonds. Positioned as an alternative high-yield solution, the fund seeks to offer substantial supplemental income beyond that of Treasury bills, while maintaining a low correlation to conventional credit and interest rate exposures. Its core function relies on an advanced option-writing algorithm designed to identify and execute spreads with attractive risk-adjusted returns. Furthermore, an integrated risk management framework is in place to address and mitigate potential tail risk inherent in option selling. ### What is the expense ratio of HIGH? Simplify Enhanced Income ETF (HIGH) charges an expense ratio of 0.50%. This is the annual fee deducted from fund assets to cover management and operations. ### What is HIGH's dividend yield? HIGH's trailing-twelve-month yield is 6.45%, calculated from the sum of dividends over the past year divided by the current price. ### How big is HIGH? Simplify Enhanced Income ETF (HIGH) manages $57.8M 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 HIGH actively managed or an index fund? HIGH's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was HIGH launched? Simplify Enhanced Income ETF (HIGH) launched in October 2022 and is managed by Simplify. ### Does HIGH pay a dividend? Yes, Simplify Enhanced Income ETF (HIGH) distributes dividends to shareholders. The trailing-twelve-month yield is 6.45%. Full dividend history is on this page. ### How often does HIGH pay dividends? Simplify Enhanced Income ETF pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is HIGH's next ex-dividend date? The most recently announced ex-dividend date for HIGH was 2026-09-25. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will HIGH's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.50% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does HIGH charge its expense ratio? The expense ratio is deducted in tiny daily slices from HIGH's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does HIGH cost more than a fund like VOO? HIGH's strategy (current expense ratio 0.50%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where HIGH sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to HIGH? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as HIGH (0.50%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/high - Distribution history: https://www.dividenddata.com/funds/high/dividend - Holdings & diversification: https://www.dividenddata.com/funds/high/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/high/expenses - Peer comparison: https://www.dividenddata.com/funds/high/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.