Amplify Files Income ETF Built Around Synthetic Autocallable Strategy

The Amplify S&P 500 Buffered Autocallable Yield Opportunity ETF (YO) is designed to generate high monthly income through exposure to a proprietary Autocallable Index using swap agreements. The actively-managed strategy seeks to replicate the performance of a laddered portfolio of synthetic autocallable notes linked to a volatility-targeted U.S. equity index. The notes are structured to provide monthly coupons at a rate of roughly SOFR + 8%, include a 25% downside buffer at maturity, and feature a memory coupon mechanism that can recover missed payments if conditions improve. Rather than owning autocallable notes directly, the ETF will gain exposure primarily through total return swaps, offering investors access to a structured-income strategy that combines yield generation with partial downside protection, while still remaining exposed to market losses beyond the buffer level.