GraniteShares YieldBOOST AMD ETF (AMYY)

The GraniteShares YieldBOOST AMD ETF (AMYY) is an income-oriented fund from GraniteShares built around Advanced Micro Devices, Inc. Its main goal is to generate high current income, paid out as regular distributions, with a secondary aim of exposure to the performance of AMD-linked investments.

Under the YieldBOOST approach, the fund sells put options tied to a leveraged exchange-traded product that tracks AMD, collecting option premiums while holding short-term U.S. Treasuries as collateral. It does not own AMD shares directly.

This options-selling strategy means the fund's participation in AMD gains is limited, while it remains exposed to declines in the underlying leveraged product. AMD itself designs CPUs, GPUs and data center accelerators.