The 2013 monthly distribution schedule
for YYY is now available.
Discover three reasons to consider the YieldShares
High Income ETF (YYY).
As of 8/9/2013
Video: YieldShares CEO Christian Magoon discusses income investing and ETFs with The Street.
Video: YieldShares' Christian Magoon discusses the markets on Fox Business.
YieldShares believes thoughtful income investing begins with portfolio diversification. In the firm's view, optimal income allocations should include a variety of asset classes, investment strategies and investment vehicles. Consequently YieldShares creates strategies that seek to deliver both efficient diversification and material monthly investment income.
As an ETF Sponsor, YieldShares recognizes the many portfolio benefits that exchange-traded funds (ETFs) seek to provide including efficiency, transparency and flexibility. However, the firm believes other investment vehicles, including closed-end funds(CEFs), offer material benefits to investors as well. This outlook provides YieldShares with a broader set of opportunities when developing income solutions.
YYY has licensed the ISE High Income™ Index as its underlying benchmark. Learn how the index is constructed in this infographic:
1755 S. Naperville Road, Suite 100 Wheaton IL 60189
* ETF Database classifies all ETFs and ETNs listed in the United States. The YieldShares High Income ETF (YYY) was classified as a "Diversified Portfolio" ETF by the editors of ETF Database. The "Diversified Portfolio" ETF peer group is comprised of funds with multi-asset exposure. 22 products existed in the category as of 11/02/2013. According to ETF Database, YYY had the highest annual dividend yield 10.05% in its peer group as of 11/02/2013. Specifically annual dividend yield percentage is defined as the latest dividend rate divided by the closing price on that latest dividend date. The entire "Diversified Portfolio ETF" peer group and related fund data including yields are available to the public on the ETF Database website at www.ETFDB.com.
Performance as of 9/30/13since inception (6/21/13) 20.88% (NAV, 21.65 (market price). Expense ratio 1.65%. The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted.
There is no guarantee that distributions will be made.
Carefully consider the Fund's investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Fund's prospectus, which may be obtained by visiting www.YieldShares.com. Read the prospectus carefully before investing.
Investing involves risk, including the possible loss of principal. Because the Fund is a fund of funds, its investment performance largely depends on the investment performance of the Underlying Funds in which it invests. An investment in the Fund is subject to the risks associated with the Underlying Funds that comprise the Index, including risks related to investments in derivatives, REITs, foreign securities and municipal securities. Fixed-income securities' prices generally fall as interest rates rise. High yield securities are subject to the increased risk of an issuer's inability to meet principal and interest payment obligations. These securities may be subject to greater price volatility due to such factors as specific corporate developments, interest rate sensitivity, negative perceptions of the non-investment grade securities markets, real or perceived adverse economic conditions, and lower liquidity. Preferred stock is subject to many of the risks associated with debt securities, including interest rate risk. In addition, preferred stock may not pay a dividend, an issuer may suspend payment of dividends on preferred stock at any time, and in certain situations an issuer may call or redeem its preferred stock or convert it to common stock. International investments may also involve risk from unfavorable fluctuations in currency values, differences in generally accepted accounting principles, and from economic or political instability. There is no guarantee that the fund will meet its investment objective. The underlying holdings of the fund may be leveraged, which will expose the holdings to higher volatility and may accelerate the impact of any losses.
The Fund will pay indirectly a proportional share of the fees and expenses of the Underlying Funds in which it invests, including their investment advisory and administration fees, in addition to its own fees and expenses. In addition, at times certain segments of the market represented by constituent Underlying Funds may be out of favor and underperform other segments.
Exchange Traded Concepts, LLC serves as the investment advisor, and Index Management Solutions, LLC serves as a sub advisor to the fund. The Funds are distributed by SEI Investments Distribution Co., which is not affiliated with Exchange Traded Concepts, LLC or any of its affiliates.