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In today's article we are going to have a look at an eclectic ETF with a high distribution rate of 10% coming from GraniteShares. We are specifically talking about the GraniteShares HIPS US High Income ETF ( HIPS ). As per its objective:
The GraniteShares HIPS US High Income ETF seeks to track the performance, before fees and expenses, of the EQM High Income Pass-Through Securities Index.