HIPS
GraniteShares HIPS US High Income ETF
Fund Objective
The GraniteShares HIPS US High Income ETF seeks to track the performance, before fees and expenses, of the EQM High Income Pass-Through Securities Index*.
*The Fund sought to track the TFMS HIPS until March 15, 2023.
Key Features
Access Alternative Income: HIPS provides a simple and diversified exposure to 4 alternative income categories - MLPs, REITs, BDCs and Closed-end funds.
Monthly Distribution: HIPS pays a monthly distribution providing a regular and steady source of income.
Seeks Constant Distribution: HIPS has maintained a 10.75 cent distribution per share each month since inception (01/06/2015).
Tax Efficiency and no K-1: Over 50% of the HIPS distributions historically have been treated as return of capital. HIPS doesn’t generate a K-1.
Performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than original cost. For the fund’s most recent month end performance, please call 1(844) 476-8747
All data on total return basis | 1 Month | 3 Months | YTD | 1 Year | 5 Year | Since Inception |
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Performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than original cost. Returns less than one year are not annualized.Market price returns are based on the midpoint of the bid/ask spread at 4pm ET and do not represent the returns an investor would receive if shares were traded at other times.
For the fund’s most recent month end performance, please call 1(844) 476-8747
* on March 15, 2023 the fund benchmark was changed from the TFMS HIPS Index to the EQM High Income Pass-Through Securities Index
Fund Sector Breakdown
Sector breakdowns are subject to change
Top 10 Fund Exposures
Fund exposures are subject to change
Distribution Calendar
Fund Yield As of September 30, 2024
SEC 30-Day Yield | 7.88% |
Distribution Rate | 9.98% |
12 Month Distribution | 9.98% |
Performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than original cost. For the fund’s most recent month end performance, please call 1(844) 476-8747
All data on total return basis | 1 Month | 3 Months | YTD | 1 Year | 5 Year | Since Inception |
---|
Performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than original cost. Returns less than one year are not annualized.Market price returns are based on the midpoint of the bid/ask spread at 4pm ET and do not represent the returns an investor would receive if shares were traded at other times.
For the fund’s most recent month end performance, please call 1(844) 476-8747
* on March 15, 2023 the fund benchmark was changed from the TFMS HIPS Index to the EQM High Income Pass-Through Securities Index
Fund Sector Breakdown
Sector breakdowns are subject to change
Top 10 Fund Exposures
Fund exposures are subject to change
Distribution Calendar
Fund Yield As of September 30, 2024
SEC 30-Day Yield | 7.88% |
Distribution Rate | 9.98% |
12 Month Distribution | 9.98% |