Chicago, January 29, 2024—Amplify ETFs announces January income distributions for its ETFs.

Chicago, January 29, 2024—Amplify ETFs announces January income distributions for its ETFs.

Audio Commentary by Tim Seymour

Audio Commentary by Tim Seymour

With the calendar now turned to 2024 and the first Federal Reserve meeting behind us, it is an exciting time for short duration fixed income products such as the Amplify Samsung SOFR ETF (SOFR). The Secured Overnight Funding Rate (SOFR) has recently traded above 5.3%, the highest level in the six-year history of the index. The treasury curve remains inverted, which means short duration products like SOF may currently offer a higher yield than many similar long duration products. Meanwhile, the overnight funding market has an interesting mix of catalysts coming up that investors should be aware of.

COMMENTARY After 9 consecutive weeks of gains in the S&P 500, it seemed like the equity rally had run out of steam just as the calendar turned the page on a new year. Or had it? Softer than expected inflation data reinforced expectations that interest rate cuts were a real possibility this year, though the timing continues to be a source of debate. Generally positive economic news and earnings releases supported the thesis that – despite being on the other side of one of the most aggressive interest rate hike campaigns ever – the economy and the consumer appeared relatively healthy. The result: by mid-January the equity markets were making all-time highs.

COMMENTARY Amplify Natural Resources Dividend Income ETF (NDIV) seeks investment results that generally correspond to the price and yield of the EQM Natural Resources Dividend Income Index. The Index is comprised of dividend-paying U.S. exchange-listed equities operating primarily in the natural resource and commodity-related industries such as: energy, chemicals, agriculture, metals & mining, paper products, and timber. NDIV returned -3.12% on a net asset value (NAV) compared to its benchmark, the EQM Natural Resources Dividend Income Index at -3.15% for the month, as of January 31, 2024. Metals & mining (-10.19%) and chemicals (-5.16%) detracted the most to the Fund’s return for the month.1 Positions that contributed most significantly included Hess Midstream (HESM), Petroleo Brasieiro (PBR) and Phillips 66 (PSX). Positions that detracted most significantly included Gerdau (GGB), Ternium (TX) and Newmont (NEM).

BLOK Portfolio Manager Mike Venuto shares his thoughts on BLOK ETF and the blockchain industry in this 4th quarter report of 2023. Click HERE for BLOK’s prospectus. Learn more about Amplify Transformational Data Sharing ETF (BLOK), including the top 10 holdings, blockchain industry allocations, and more.

Kevin Simpson, Portfolio Manager of our DIVO and IDVO ETF, share his thoughts about the 4th quarter portfolios positioning in 2023. Tim Seymour discusses the international markets and outlook for the rest of 2024. Learn more about Amplify CWP Enhanced Dividend Income ETF (DIVO) and Amplify International Enhanced Dividend Income ETF (IDVO) including the top 10 holdings and yield information.

Portfolio Manager Tim Seymour shares his insights on the cannabis sector's markets and important macro news in this CNBS 4th quarter report of 2023. Learn more about Amplify Seymour Cannabis ETF (CNBS), including the top 10 holdings, country allocations, and market allocations.