YieldShares


YieldShares LLC is an ETF Sponsor focused on income investing. The firm seeks to expand access to unique income investment strategies through ETFs.

YieldShares believes that thoughtful income investing begins with diversification. That diversification should be implemented across a variety of asset classes, investment strategies and investment vehicles. 

In 2013, YieldShares partnered with the International Securities Exchange (ISE) to develop an investment strategy-based index called the ISE High Income™ index. This index was designed to capture high current income from a professionally selected portfolio of closed-end funds. YieldShares’ first ETF - YYY - will seek to track, before fees and expenses, the ISE High Income™ index.

Management


Christian Magoon is Founder and CEO of YieldShares. An ETF veteran, Christian has launched over 50 ETFs in the United States to date. He has helped drive the adoption of ETFs by U.S. investors through numerous educational efforts highlighting the efficiency, transparency and flexibility of the ETF vehicle.

Previously, Magoon served as President of Claymore Securities (now Guggenheim Investments). He led product development, marketing and distribution of ETFs, unit investment trusts and closed-end funds. Christian launched Claymore’s ETF business in 2006 and it became one of the fastest growing and most innovative ETF Sponsors in the industry.

In early 2010, Christian formed Magoon Capital LLC. The firm provides strategic insight on ETF product development and marketing to asset managers around the world. Christian continues to serve as CEO of Magoon Capital today.

Christian has been honored to receive recognition for his impact in the investment and ETF industry. Over the last five years he has been referred to as an “ETF Pioneer” by the Financial Times, was named “One Of 5 People To Watch In ETFs,” by Institutional Investor, called an ETF Jediby fund industry publication Ignites and was featured in the New York Times’ “Mutual Funds Report” discussing ETFs. Christian is also a Wall Street Journal Expert Panelist and noted investment author.

Listing Exchange
A subsidiary of NYSE Euronext, NYSE Arca is the leading Exchange for ETFs, with more ETF listings and assets than any exchange globally. NYSE Arca is the second largest electronic communication network in terms of shares traded.

Sub-administrator and Distributor
SEI is a leading global provider of investment processing, fund processing, and investment management business outsourcing solutions that help corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth.

Index Provider
ISE ETF Ventures provides its partners with a broad range of capabilities in index development, index licensing, and financing of exchange-traded products. As part of the International Securities Exchange (ISE), a leading U.S. options exchange, their indexing experts are nimble, flexible and entrepreneurial with a track record of creating distinctive, out-of-the-box ideas.

Investment Advisor
Exchange Traded Concepts, LLC is a private-label ETF advisor with passive relief from the SEC to launch both domestic and international fund offerings, allowing sub-advisors to bring innovative investment ideas to market in a time-sensitive fashion.

Custodian
Brown Brothers Harriman (BBH) is a leading financial services firm that partners with sophisticated asset managers, banks and insurance companies as they execute their global strategies. With approximately $3.4* trillion in assets under custody, BBH is consistently ranked** among the world's top global custodians, asset administrators, foreign exchange, securities lending and technology solution providers.

* as of March 31, 2013

** As measured by results in major industry surveys. Please see www.bbh.com/accolades for a comprehensive listing of recent industry accolades.

How do I invest in YieldShares ETFs?
YieldShares ETFs are listed on public U.S. exchanges, such as NYSE Arca and the NASDAQ. Investors can buy and sell YieldShares ETFs through any brokerage account. The buying and selling process for ETF shares is similar to investing in shares of a publicly traded stock. Investors will need a security identifier such as the ticker symbol, CUSIP, or ISIN. These data points can be located in the prospectus, fund summary page and fact card of each YieldShares ETF. Finally, note that YieldShares ETFs can be bought or sold anytime during normal U.S. trading hours.
How often do YieldShares ETFs distribute dividends?

The YieldShares High Income ETF (YYY) expects to pays dividends to shareholders on a monthly basis.

Regulated investment companies, including YieldShares funds, are also obliged to distribute capital gains to shareholders. The Funds are required to distribute these gains to shareholders by year-end. These gains may be generated due to index rebalancing, to meet diversification requirements, or due to cash creations and redemptions. Trading shares will also generate tax consequences and transaction expenses.

This material is not intended to be tax advice. The tax consequences of dividend distributions may vary by individual taxpayer. Please consult your tax professional or financial adviser for more information regarding your specific situation.

Can dividends from YieldShares ETFs be reinvested?
Because YieldShares ETFs are purchased through a Broker/Dealer, investors receive dividends (cash or stock) based on their agreement with their Broker/Dealer. If the Broker/Dealer offers a dividend reinvestment plan, YieldShares ETFs may be a part of that program.
What type of tax forms will investors in YieldShares ETFs receive in order to file taxes?
Investors will receive a 1099 form issued by their Broker/Dealer.