HIPS

GraniteShares HIPS US High Income ETF

$11.59

+0.00%

Market closed. Last update: 2:20 AM ET

📎 Investment Objective

The GraniteShares HIPS US High Income ETF (HIPS) seeks to provide high current income by investing in a diversified portfolio of high-yielding securities.

Overview

ETF tracking GraniteShares HIPS US High Income ETF

Category Value

Issuer Other

Inception Date 2017-12-18

Market Cap $95.6M

Average Volume N/A

Dividend Yield 9.28%

52-Week Range $11.12 - $13.00

VWAP $11.60

Performance

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Investment Summary

📎 Investment Objective

The GraniteShares HIPS US High Income ETF (HIPS) seeks to provide high current income by investing in a diversified portfolio of high-yielding securities.

🎯 Investment Strategy

The fund invests primarily in high-yield bonds, preferred stocks, and other income-producing securities of U.S. companies. The portfolio is actively managed to identify securities that offer attractive yields while managing risk through diversification.

✨ Key Features

Focuses on generating high current income through a diversified portfolio of high-yielding securities
Actively managed approach to security selection and portfolio construction
Potential for higher yields compared to traditional fixed income funds
Relatively low assets under management as a newer ETF

⚠️ Primary Risks

Higher risk of default or credit events due to the fund's focus on high-yield securities
Interest rate risk as bond prices may decline when interest rates rise
Liquidity risk for less actively traded securities in the portfolio
Concentration risk as the fund may have significant exposure to certain sectors or industries

👤 Best For

The GraniteShares HIPS US High Income ETF may be suitable for investors seeking high current income and who are willing to accept the additional risks associated with a portfolio of high-yield securities. Investors should have a medium to long-term investment horizon and a moderate to high-risk tolerance.