Amplify TLT U.S. Treasury 12% Option Income ETF (TLTP)

The Amplify TLT U.S. Treasury 12% Option Income ETF is an income-focused fund from Amplify ETFs that provides exposure to the iShares 20+ Year Treasury Bond ETF (TLT), which holds long-term U.S. Treasury bonds.

The fund pairs this long-duration Treasury exposure with an options strategy that sells call options on TLT, with the aim of generating option income at an annualized target rate of 12%, as reflected in its name. Distributions are paid monthly, and the option-writing approach limits participation in gains when bond prices rise. Amplify ETFs is based in the Chicago area.