SOFR aims to mirror the returns of the Secured Overnight Financing Rate, a primary overnight borrowing benchmark, by mainly investing in repurchase agreements with institutions deemed to be creditworthy. In repos, the fund procures predetermined collateral investments, including cash or high-quality investment instruments such as US government securities, money market funds, or corporate debt securities that are rated investment-grade. Additionally, SOFR may engage in OTC swap agreements and acquire short-term notes in certain circumstances. Samsung Asset Management, the sub-adviser, plays a critical role in selecting these investments. However, the overall investment strategy and decision-making are overseen by the primary adviser. The goal is to generate monthly income through a proactive investment management approach, providing investors with indirect exposure to the secure and liquid treasury-backed repo market. Before September 26, 2024, the fund traded under the ticker SOF.
The current price of SOFR.BOATS is $100.13 USD — it has decreased by -0.08% in the past 24 hours. Watch Amplify Samsung SOFR stock price performance more closely on the chart.
What is Amplify Samsung SOFR stock ticker?▼
Depending on the exchange, the stock ticker may vary. For instance, on exchange Amplify Samsung SOFR stocks are traded under the ticker SOFR.BOATS.
Does Amplify Samsung SOFR pay dividends?▼
Yes, SOFR.BOATS dividends are paid monthly. The last dividend per share was 0.3 USD. As of today, Dividend Yield (FWD)% is 4.07%.
When did Amplify Samsung SOFR complete a stock split?▼
Amplify Samsung SOFR has not had any recent stock splits.