YieldShares High Income ETF (NYSEArca: YYY)
12-month yield: 9.27%
Comment: The YieldShares High Income ETF tracks Closed-end funds. CEFs are a type of publicly traded company that raised a fixed amount of capital through an initial public offering and trades like a stock on an exchange. However, the CEF only raises a certain amount of capital once through an IPO, so the fund can show steep discounts or premiums to its net asset value. Many CEFs generate high yields by utilizing leverage.
