Key stats
About Simplify Exchange Traded Funds Simplify Enhanced Income ETF
Home page
Inception date
Oct 27, 2022
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
Simplify Asset Management, Inc.
HIGH is actively managed to provide enhanced income. The fund primarily invests in income-producing US Treasury securities, including related ETFs. The portfolio of US Treasurys is maintained to have a weighted average duration of two years or less. Securities are selected to maximize portfolio yield within the current duration target. To generate additional income, HIGH employs an option spread writing strategy on index-based domestic equity and fixed income ETFs. A call or a put spread is utilized, depending on the outlook on a reference ETFs price. The adviser writes short-dated, out-of-the-money calls (or puts) with less than a month to maturity while also purchasing further out-of-the-money calls (or puts). The fund expects options to be held to expiration but may adjust positions following a big price swing in the reference ETF. The option writing strategy pursued is a form of leveraged investing that attempts to collect income based on the value of time erosion.
Classification
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
Government
Bonds, Cash & Other100.00%
Government98.95%
Rights & Warrants0.98%
Mutual fund0.07%
Cash0.00%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
HIGH top holdings are United States Treasury Bills 0.0% 05-AUG-2025 and United States Treasury Bills 0.0% 08-JUL-2025, occupying 73.34% and 18.06% of the portfolio correspondingly.
HIGH last dividends amounted to 0.20 USD. The month before, the issuer paid 0.15 USD in dividends, which shows a 25.00% increase.
HIGH assets under management is 186.07 M USD. It's fallen 0.01% over the last month.
HIGH fund flows account for −224.57 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, HIGH pays dividends to its holders with the dividend yield of 7.39%. The last dividend (May 30, 2025) amounted to 0.20 USD. The dividends are paid monthly.
HIGH shares are issued by Simplify Asset Management, Inc. under the brand Simplify. The ETF was launched on Oct 27, 2022, and its management style is Active.
HIGH expense ratio is 0.52% meaning you'd have to pay 0.52% of your investment to help manage the fund.
HIGH follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
HIGH invests in bonds.
HIGH price has fallen by −5.65% over the last month, and its yearly performance shows a −3.69% decrease. See more dynamics on HIGH price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −4.90% over the last month, showed a 7.51% increase in three-month performance and has increased by 3.66% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −4.90% over the last month, showed a 7.51% increase in three-month performance and has increased by 3.66% in a year.
HIGH trades at a premium (0.10%) meaning the ETF is trading at a higher price than the calculated NAV.