YPRO Profile
AdvisorShares YieldPro ETF (YPRO) is an actively managed exchange-traded fund that seeks to provide income and capital appreciation. The ETF invests in a diversified portfolio of fixed-income securities, including high-yield corporate bonds, senior loans, and other income-producing securities. The ETF may also invest in equity securities, such as preferred stocks, common stocks, and real estate investment trusts (REITs).
The investment strategy of YPRO is to focus on income-producing securities that offer attractive yields and are expected to have lower volatility than traditional high-yield bonds. The ETF may also use various strategies to enhance income, including selling covered call options on equity securities held in the portfolio.
YPRO is managed by AdvisorShares, an investment management firm based in Maryland. The ETF was launched in 2017 and trades on the NYSE Arca under the ticker symbol YPRO. The expense ratio for YPRO is 0.99%, which includes a management fee of 0.75%.
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