Bringing you live news and features since 2006 

Exchange Traded Concepts launches YieldShares High Income ETF

RELATED TOPICS​

Exchange Traded Concepts has launched the YieldShares High Income ETF, the most recent exchange-traded fund to begin trading through the firm’s accelerated, low-cost, private-label ETF platform.

 
The YieldShares High Income ETF will seek to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the ISE High Income Index. The High Income Index seeks to measure the performance of the top 30 US exchange-listed closed-end funds (CEFs), as selected and ranked according to factors designed to result in a portfolio that produces high current income.  
 
"YieldShares High Income ETF seeks to capture two potential benefits of investing in secondary closed-end fund investing: high income and the ability to buy certain funds below their net asset value," says Christian Magoon (pictured), chief executive and founder of YieldShares. "I believe those potential benefits combine nicely with the ETF structure which generally trade at or near NAV."
 
"ETC is excited to continue our long-standing relationship with Christian. We have worked closely with Christian over the last few years and are proud to be partners with him on his new YieldShares family of funds. We believe that investors will continue to look for new ways to get quality yield and that the YieldShares High Income ETF will be a great place for them to get that," says J Garrett Stevens, chief executive of Exchange Traded Concepts.

Latest News

ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..
Investors urgently need greater access to diversified investment strategies aligned with the Paris Agreement on climate change if the world..

Related Articles

Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Lorraine Sereyjol-Garros, BNP Paribas
Following changes to the French Monetary and Financial Code and of the French market authority AMF’s General Regulation, it is...
Ed Rosenberg, Texas Capital
Texas Capital Bank first opened its doors back in December 1998 and nowadays offers wealth-management services, as well as commercial,...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by