HIPS
GraniteShares HIPS US High Income ETF
TFMS HIPS TR USD
NAV as of
4 Week: 11.34 - 12.77
52 Week: 11.34 - 14.65
Latest Closing Price
11.61
Premium / Discount
0.32
Expense Ratio
2.41%
Investment Objective
The investment seeks to track the performance, before fees and expenses, of the TFMS HIPS Index. The fund employs a "passive management"-or indexing-investment approach designed to track the performance of the index. The rules-based index measures the performance of up to 60 high income U.S.-listed securities that typically have "pass-through" structures that require them to distribute substantially all of their earnings to shareholders as cash distributions. This "high income, pass-through" strategy is known as HIPS.
Main Fund Characteristics
Performance
| Period | Performance Returns(%) | Volatility(%) | Risk Adjusted Performance |
|---|---|---|---|
| YTD | -4.75 | 1.07 | -4.44 |
| 1 Day | -1.64 | 0.00 | 0.00 |
| 1 Week | -1.21 | 3.67 | -0.33 |
| 1 Month | -9.58 | 6.02 | -1.59 |
| 3 Months | -5.99 | 8.52 | -0.70 |
| 6 Months | -7.17 | 12.61 | -0.57 |
| 1 Year | -19.75 | 17.08 | -1.16 |
| 2 Years | -21.73 | 21.20 | -1.03 |
| 3 Years | 30.55 | 37.36 | 0.82 |
| 5 Years | -29.46 | 51.71 | -0.57 |
| 10 Years | 0.00 | 0.00 | 0.00 |
Price History
Annual Performance Return
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
| Price (%) | 0.0000 | 0.0000 | 0.0000 | 21.0839 | 7.1595 | -8.9069 | 22.1331 | -11.3842 | 22.2965 | -11.7388 |
| Nav (%) | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
| Rank | 0.0000 | 0.0000 | 0.0000 | 1.0000 | 99.0000 | 42.0000 | 83.0000 | 100.0000 | 11.0000 | 9.0000 |
Dividend Frequency
Lastest Dividend
| Ex Date | Payment Date | Dividend Payout per unit |
|---|---|---|
| 16/01/2017 | 19/01/2017 | 0.1075 |
| 27/12/2016 | 02/01/2017 | 0.1075 |
| 15/08/2016 | 18/08/2016 | 0.1075 |
| 18/07/2016 | 21/07/2016 | 0.1075 |
| 13/06/2016 | 16/06/2016 | 0.1075 |
| 16/05/2016 | 19/05/2016 | 0.1075 |
| 16/02/2015 | 19/02/2015 | 0.1075 |
Portfolio Data
Total Number of Holdings: 61
Number of Bond Holdings: 0
Number of Equity Holdings: 45
Total Market Value: 33,631,713
Portfolio Composition
Top 10 Holdings
| % Portfolio Weight | Shares Owned | Shares Changed | Market Value | ||
|---|---|---|---|---|---|
| 1 | Simon Property Group Inc | 6.3999 | 4,071 | 0 | 683,155 |
| 2 | Blackstone Group LP | 4.8525 | 16,491 | 0 | 517,982 |
| 3 | Enterprise Products Partners LP | 4.5187 | 18,488 | 0 | 482,352 |
| 4 | Welltower Inc | 3.0057 | 4,793 | 0 | 320,843 |
| 5 | Ventas Inc | 2.7675 | 4,598 | 0 | 295,422 |
| 6 | Energy Transfer Partners LP | 2.0639 | 12,589 | 0 | 220,308 |
| 7 | KKR & Co LP | 2.0127 | 10,689 | 0 | 214,849 |
| 8 | Realty Income Corp | 1.9337 | 3,596 | 0 | 206,410 |
| 9 | Host Hotels & Resorts Inc | 1.8220 | 9,657 | 0 | 194,492 |
| 10 | Invesco Ltd | 1.8012 | 5,259 | 0 | 192,269 |
Country Exposure
Regional Exposure
America
Greater Europe
Greater Asia
Market Classification
Market Capitalization
| Size | % of portfolio |
|---|---|
| Giant | 6.56 |
| Large | 6.52 |
| Medium | 12.80 |
| Small | 20.26 |
| Micro | 17.70 |
Equity Style Box Breakdown
| 0 | 0 | 0 | Large |
| 0 | 0 | 0 | Mid |
| 0 | 0 | 0 | Small |
| Value | Blend | Growth |
Value Measures
Price/Prospective Earnings*
12.1044
Price/Book*
1.5154
Price/Sales*
1.3710
Price/Cash Flow*
5.6975
Dividend Yield*
7.7009
Growth Measures
Long-Term Earnings
9.8818
Historical Earnings
-5.8119
Sales Growth
-10.6841
Cash-Flow Growth
-4.9354
Book-Value Growth
-4.9172
*Forward-looking based on historical data.
Equity Sector
Number of Bond Holdings
0
Bond Statitics
| Detail | Value |
|---|---|
| Average Effective Duration | 4.52 |
| Average Effective Maturity (Years)* | 6.84 |
| Average Credit Quality | 15.00 |
| Average Weighted Coupon* | 5.45 |
| Average Weighted Price* | 104.81 |
Bond Style Box Breakdown
| 0 | 0 | 0 | High | Quality |
| 0 | 0 | 0 | Med | |
| 0 | 0 | 0 | Low | |
| Ltd | Mod | Ext | ||
| Interest-Rate Sensitivity | ||||
Credit Quality
| Type | % Bonds |
|---|---|
| AAA | 4.65 |
| AA | 1.14 |
| A | 2.20 |
| BBB | 13.29 |
| BB | 23.61 |
| B | 35.58 |
| Below B | 12.65 |
| Not Rated | 6.88 |
Bond Sector
Bond Maturity
| % Bonds | |
|---|---|
| 1 to 3 Years | 3.99 |
| 3 to 5 Years | 11.00 |
| 5 to 7 Years | 11.06 |
| 7 to 10 Years | 5.61 |
| 10 to 15 Years | 1.55 |
| 15 to 20 Years | 1.18 |
| 20 to 30 Years | 3.50 |
| Over 30 Years | 0.41 |
| 1 to 7 Days | 0.00 |
| 8 to 30 Days | 0.00 |
| 31 to 90 Days | 0.00 |
| 91 to 182 Days | 0.18 |
| 183 to 364 Days | 0.31 |
Data Source: Morningstar
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(4) are provided solely for informational purposes;
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Morningstar and Phillip Securities Pte Ltd are not responsible for any trading decisions, damages or other losses related to the Information or its use. Please verify all of the Information before using it and don’t make any investment decision except upon the advice of a professional financial adviser. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up.
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