Equity Overview
Price & Market Data
Price: $11.77
Daily Change: +$0.10 / 0.85%
Daily Range: $11.51 - $11.77
Market Cap: $0
Daily Volume: 37,634
Performance Metrics
1 Week: 1.03%
1 Month: 0.51%
3 Months: -2.65%
6 Months: 1.12%
1 Year: 3.25%
YTD: -0.25%
Details
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.