SLJY Ticker

Amplify SILJ Junior Silver Miners Covered Call ETF

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Distribution Rate i Distribution Rate is the normalized current distribution (annualized) over NAV per share. Distributions may include return of capital (ROC). Click on "All Distributions→" to view Form 19a-1.
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30-Day SEC Yield i 30-Day SEC Yield is a standard yield calculation developed by the Securities and Exchange Commission that allows for fairer comparisons among bond funds. It is based on the most recent month end. This figure reflects the income earned from dividends – excluding option income – during the period after deducting the Fund’s expenses for the period.
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Distribution Frequency
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Overview

Why Invest in SLJY ETF?

  • High Income: SLJY targets 18% annualized option premium income.
  • Upside Participation: Pursues price appreciation and high option premium1 income to deliver attractive total return potential by prioritizing out of the money (OTM)2 options.
  • Diversified Income: SLJY seeks monthly income distributions from covered call premiums offering income diversification potential due to silvers’ historically low correlation to stocks and bonds.

 

Objective & Strategy

SLJY seeks to balance high income and capital appreciation through investment exposure to junior silver mining companies and a covered call strategy. By incorporating a tactical OTM covered call options writing strategy, the fund seeks to monetize volatility to generate 18% annualized option income while also offering the upside potential of junior silver mining companies through exposure to Amplify Junior Silver Miners ETF (SILJ), underlying equities of SILJ, and silver exchange traded products (ETPs).

There is no guarantee the Fund will achieve the Target Option Premium in any given year. If the NAV of the Fund remains level or decreases during any one-year period, the annualized premium generated by the Fund may be significantly less than the Target Option Premium for that time period.

YieldSmart™ ETFs

SLJY is part of Amplify’s YieldSmart™ suite, a family of investment solutions designed to balance attractive monthly option-based income with long-term capital appreciation, all in pursuit of compelling total return potential for today’s income investor.

Key Information

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Fund Details

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Portfolio Management

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SLJY Targeted High Income Covered Call Construction

Targets 18% Annual Premium Income

Buy

Buy long exposure to SILJ and underlying equities of SILJ and Silver ETFs.

Write

Sell covered calls on a portion of the portfolio OTM, to target 18% annualized premium income while providing upside potential.

Roll

Replace expiring covered call options with new ones to generate ongoing option premiums.

 

Distribute

SLJY seeks to pay monthly distributions that include targeted option premiums.

 

There is no guarantee the Fund will achieve the Target Option Premium in any given investment period.

Performance & Holdings

Performance

The performance data quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted. Brokerage commissions will reduce returns. NAV is the sum of all its assets less any liabilities, divided by the number of shares outstanding. The closing price is the last price at which the fund traded.

Top 10 Holdings

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Fund holdings are subject to change at any time and should not be considered recommendations to buy or sell any security.

Allocation

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Distributions & Yields

Distributions

Yields

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There is no guarantee that distributions will be made. Distributions may include income, capital gains, or return of capital and may vary during the year, details in the Fund’s Form 19a‑1.

Price

NAV/Market Price

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Daily Price/NAV Performance

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Premium/Discount

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The table and line graph are provided to show the frequency at which the closing price of the Fund was at a premium (above) or discount (below) to the Fund’s daily net asset value (“NAV”). The table and line graph represent past performance and cannot be used to predict future results. Shareholders may pay more than NAV when buying Fund shares and receive less than an NAV when those shares are sold because shares are bought and sold at current market prices.

Literature

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Insights

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How to Invest

Amplify ETFs trade throughout the day, similar to publicly-traded stocks, on an exchange. There are multiple ways to invest in Amplify ETFs:

  • Contact a Financial Advisor to discover how Amplify ETFs may fit within your portfolio.
  • Amplify ETFs are available through various online platforms and brokerage accounts.

Connect with your ETF Specialst or call (855) 267-3837

Amplify SILJ Covered Call ETF renamed on/about 3/02/26.

1An option premium is the cost an option buyer pays to the seller for the right to trade an asset at a set price within a certain period.
2OTM means calls are written using an out of the money strategy.
3High beta means an asset is typically more sensitive to market movements.

Investing involves risk and possible loss of principal. You could lose money by investing in the Fund. There can be no assurance that the Fund’s investment objectives will be achieved. The fund is new with limited operating history.

The Fund is actively-managed, and its performance reflects investment decisions that the Adviser makes for the Fund. Shares of any ETF are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the Fund. A higher portfolio turnover will cause the Fund to incur additional transaction costs and may result in higher taxes when Shares are held in a taxable account. Brokerage commissions will reduce returns. The Fund invests in the equity securities of companies in the metals and mining industry included in the SILJ ETF. Metals and mining investments can be speculative and more volatile than other sectors. As a non-diversified fund, it holds fewer assets and is more exposed to issuer volatility.

Option prices are volatile, influenced by asset value, rates, and policies. FLEX Options may be less liquid, making it harder to close positions at preferred times or prices.

Covered call strategies may limit upside potential while still exposing the Fund to downside risk. Covered puts can incur substantial losses if the underlying asset rises sharply, with premiums offering limited protection. The Fund plans monthly distributions, partly as return of capital, which lowers cost basis and may increase future taxes, even if shares are sold at a loss.

Amplify Investments LLC is the Investment Adviser to the Fund, and Tidal Investments, LLC serves as the Investment Sub-Adviser.

 

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30-Day SEC Yield is a standard yield calculation developed by the Securities and Exchange Commission that allows for fairer comparisons among bond funds. It is based on the most recent month end. This figure reflects the income earned from dividends – excluding option income – during the period after deducting the Fund’s expenses for the period.

The Distribution Rate is computed as the normalized current distribution (annualized) over NAV per share. In addition to net interest income, distributions may include capital gains and return of capital (ROC). Please click here for more information.