The annual fee that you pay to the fund company for managing your investment. The lower the expense ratio, the better. This is not an investment recommendation.
HIPS offers a twist on the popular multi-asset income space: a focus on pass-through securities (those that pass on most of their income to their owners). The owners pay taxes on that income, while the entities themselves dont, thereby eliminating the double taxation associated with stock dividends. The portfolio allocates equally to four alternative income segments: closed-end funds (CEFs), business development companies (BDCs), real estate investment trusts (REITs), and energy master limited partnerships (MLPs). The top 10 securities with the highest dividend yield and lowest volatility in each segment are selected and weighted equally. It should be noted that while income from REITs, MLPs and BDCs can be high, these are typically taxed at ordinary-income rates instead of the beneficial qualified dividends rate. As such, investors in taxable accounts should consider their after-tax yield. Before March 16, 2023, the fund tracked the TFMS HIPS Index.
What is GraniteShares HIPS US High Income stock price today?▼
The current price of HIPS is $11.47 USD — it has decreased by -0.26% in the past 24 hours. Watch GraniteShares HIPS US High Income stock price performance more closely on the chart.
What is GraniteShares HIPS US High Income stock ticker?▼
Depending on the exchange, the stock ticker may vary. For instance, on exchange GraniteShares HIPS US High Income stocks are traded under the ticker HIPS.
Is GraniteShares HIPS US High Income stock price growing?▼
HIPS stock has risen by +0.09% compared to the previous week, the month change is a -0.52% fall, over the last year GraniteShares HIPS US High Income has showed a -7.13% decrease.
Does GraniteShares HIPS US High Income pay dividends?▼
Yes, HIPS dividends are paid monthly. The last dividend per share was 0.11 USD. As of today, Dividend Yield (FWD)% is 11.25%.
In which sector is GraniteShares HIPS US High Income located?▼
GraniteShares HIPS US High Income operates in the Other sector.
When did GraniteShares HIPS US High Income complete a stock split?▼
GraniteShares HIPS US High Income has not had any recent stock splits.