What does GraniteShares HIPS US Highome ETF do?
GraniteShares HIPS US High Income ETF (NYSEARCA:HIPS) is an exchange-traded fund specializing in providing investors with exposure to high-income pass-through securities. The fund focuses on a diversified portfolio comprising of real estate investment trusts (REITs), master limited partnerships (MLPs), business development companies (BDCs), and closed-end funds (CEFs), aiming to generate high distribution yields for its shareholders. By targeting sectors and companies that are structured to pass a significant portion of income to investors, GraniteShares HIPS US High Income ETF seeks to deliver attractive total returns. The objective of the fund is not only to provide high current income but also to offer potential for capital appreciation, positioning it as a compelling option for income-focused investors.