Key stats
About Amplify Bitcoin Max Income Covered Call ETF
Home page
Inception date
Apr 29, 2025
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Amplify Investments LLC
Distributor
Foreside Fund Services LLC
ISIN
US0321084669
BAGY does not invest directly in Bitcoin but employs a covered call strategy on the price return of Bitcoin. The actively managed fund-of-funds targets 30-60% annualized option premium. A portion of the funds long exposure comprises of holding ETP shares, as well as buying call options and selling put options with maturities of less than one year. The synthetic covered call strategy via standardized exchange-traded and FLEX options consists of synthetic long exposure, covered call writing, and US Treasurys and cash. To maximize income and provide weekly upside potential, the fund writes about 5% out-of-the-money call options with maturities of one week or less that could result in compounding premiums. However, this limits participation in potential gains if shares increase in value. The fund indirectly invests in shares of ETPs through a wholly owned Cayman subsidiary. There is no guarantee the fund will achieve its target.
Classification
Symbol
Geography
Global
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Mutual fund
Government
Bonds, Cash & Other100.00%
Mutual fund80.34%
Government22.43%
Rights & Warrants−0.91%
Cash−1.86%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
BAGY last dividends amounted to 1.39 USD. The month before, the issuer paid 1.50 USD in dividends, which shows a 7.80% decrease.
BAGY assets under management is 13.10 M USD. It's risen 32.81% over the last month.
BAGY fund flows account for 13.61 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, BAGY pays dividends to its holders with the dividend yield of 32.87%. The last dividend (Aug 29, 2025) amounted to 1.39 USD. The dividends are paid monthly.
BAGY shares are issued by Amplify Holding Co. LLC under the brand Amplify. The ETF was launched on Apr 29, 2025, and its management style is Active.
BAGY expense ratio is 0.65% meaning you'd have to pay 0.65% of your investment to help manage the fund.
BAGY follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BAGY invests in funds.
BAGY trades at a premium (0.25%) meaning the ETF is trading at a higher price than the calculated NAV.