---
title: "Yield Hunters Rejoice: Amplify Launches 12% And 10% Income Bond ETFs"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/283555695.md"
description: "Amplify ETFs has launched two new covered call bond ETFs: the Amplify LQD Investment Grade 12% Target Income ETF (BATS:LQDM) and the Amplify HYG High Yield 10% Target Income ETF (BATS:HYGM). These funds aim to deliver annualized income of 12% and 10%, respectively, by combining corporate bonds with systematic weekly covered calls. The ETFs are part of Amplify's YieldSmart suite, targeting income in a challenging environment, with monthly payouts and expense ratios of 0.54% and 0.79%."
datetime: "2026-04-21T20:24:26.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283555695.md)
  - [en](https://longbridge.com/en/news/283555695.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283555695.md)
---

# Yield Hunters Rejoice: Amplify Launches 12% And 10% Income Bond ETFs

**Amplify ETFs** is doubling down on income-focused innovation with the launch of two new fixed income funds that blend bond exposure with options strategies.

The **Amplify LQD Investment Grade 12% Target Income ETF** (BATS:LQDM) and the **Amplify HYG High Yield 10% Target Income ETF** (BATS:HYGM), both designed to deliver elevated income by pairing corporate bonds with systematic weekly covered calls.

The funds target annualized income of 12% and 10%, respectively, combining traditional bond interest with option premium generation in a bid to enhance yield in a still-demanding income environment.

The new ETFs expand **Amplify's YieldSmart suite** and build on its existing options-based fixed income lineup, including the **Amplify TLT U.S. Treasury 12% Option Income ETF** (BATS:TLTP).

CEO Christian Magoon framed the launch as part of a broader evolution in fixed-income investing, in which traditional bond strategies alone may not meet investors’ income expectations.

## **ETF** **Key Features**

-   **Target income:** LQDM aims for 12% annualized income; HYGM targets 10%
-   **Core exposure:** Investment-grade corporate bonds (LQDM) and high-yield bonds (HYGM)
-   **Strategy:** Systematic weekly covered call writing on bond holdings
-   **Income sources:** Combination of bond interest and options premium
-   **Distribution:** Monthly payouts
-   **Expense ratios:** 0.54% for LQDM and 0.79% for HYGM

Both funds track Bloomberg-covered call bond indices and offer single-ticker access to diversified credit exposure with an income overlay—essentially turning plain-vanilla bonds into something a bit more "financially caffeinated."

By incorporating short-dated weekly options, LQDM and HYGM aim to generate more frequent premium income while maintaining exposure to investment-grade and high-yield corporate bonds.

_Image: Shutterstock_

### Related Stocks

- [TLTP.US](https://longbridge.com/en/quote/TLTP.US.md)
- [HYG.US](https://longbridge.com/en/quote/HYG.US.md)
- [LQD.US](https://longbridge.com/en/quote/LQD.US.md)
- [HYTI.US](https://longbridge.com/en/quote/HYTI.US.md)
- [SSTK.US](https://longbridge.com/en/quote/SSTK.US.md)

## Related News & Research

- [Bond ETFs Are Having A Banner Year As Investors Rush To Lock In High Yields](https://longbridge.com/en/news/287124290.md)
- [5 High-Yield BlackRock Dividend ETFs Paying Over 6% Passive Income in 2026](https://longbridge.com/en/news/286648962.md)
- [Worried About a Market Crash? 3 Vanguard ETFs Built to Survive](https://longbridge.com/en/news/286880525.md)
- [3 Dividend ETFs to Lock In Before Summer Volatility Picks Up](https://longbridge.com/en/news/286999152.md)
- [$100 Invested In iShares S&P 500 Growth ETF 20 Years Ago Would Be Worth This Much Today](https://longbridge.com/en/news/286800978.md)