HIPS

GraniteShares HIPS US High Income ETF (HIPS)

About GraniteShares HIPS US High Income ETF (HIPS)

The Fund employs a passive management or indexing investment approach designed to track the performance of the Index. The rules-based Index measures the performance of up to 40 high income U.S.-listed securities that typically have pass-through structures that require them to distribute substantially all of their earnings to shareholders as cash distributions. This high income, pass-through strategy is known as HIPS.

Details

Daily high
$12.79
Daily low
$12.62
Price at open
$12.73
52 Week High
$13.40
52 Week Low
$12.29
Market cap
103.0M
Dividend yield
10.09%
Volume
72,567
Avg. volume
80,166
P/E ratio
--
30-Day SEC yield
10.59%
Expense Ratio (gross)
1.99%

GraniteShares HIPS US High Income ETF News

Details

Daily high
$12.79
Daily low
$12.62
Price at open
$12.73
52 Week High
$13.40
52 Week Low
$12.29
Market cap
103.0M
Dividend yield
10.09%
Volume
72,567
Avg. volume
80,166
P/E ratio
--
30-Day SEC yield
10.59%
Expense Ratio (gross)
1.99%

Exchange Traded Funds (ETFs): Investors should carefully consider the information contained in the prospectus, which contains the Fund’s investment objectives, risks, charges, expenses, and other relevant information. You may obtain a prospectus from the Fund company’s website. Please read the prospectus carefully prior to investing.

Shares of ETFs must be bought and sold at market price, which can vary significantly from the Fund’s net asset value (NAV). Investment returns are subject to market volatility and shares may be worth more or less their original value when redeemed. The diversification of an ETF will not protect against loss. An ETF may not achieve its stated investment objective. Rebalancing and other activities within the fund may be subject to tax consequences.

Performance data quoted represents past performance. Past performance does not guarantee future results. Investment returns and principal value of an investment will fluctuate and when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the standardized performance data quoted. Select the Standardized Performance link for the latest quarterly performance.