Core Insights - The article emphasizes the normalization of volatility and the expectation that the VIX curve will revert to contango, indicating a potential investment opportunity in volatility-related instruments [1]. Group 1: Company Overview - Binary Tree Analytics (BTA) is focused on providing transparency and analytics in capital markets, particularly in Closed-End Funds (CEFs), Exchange-Traded Funds (ETFs), and Special Situations [1]. - BTA aims to deliver high annualized returns while maintaining a low volatility profile, leveraging over 20 years of investment experience [1]. Group 2: Market Context - The previous analysis on the -1x Short VIX Futures ETF (BATS: SVIX) highlighted a strong belief in the normalization of volatility, which could influence trading strategies in the derivatives market [1].

Core Viewpoint - The article discusses the GraniteShares HIPS US High Income ETF, highlighting its high distribution rate of 10% and its focus on providing transparency and analytics in capital markets instruments and trades [1]. Group 1: ETF Overview - The GraniteShares HIPS US High Income ETF is characterized by a high distribution rate of 10% [1]. - The ETF is part of a broader strategy by Binary Tree Analytics to deliver high annualized returns with low volatility [1]. Group 2: Company Background - Binary Tree Analytics has over 20 years of investment experience and specializes in closed-end funds (CEFs), exchange-traded funds (ETFs), and special situations [1]. - The company aims to provide transparency and analytics in respect to capital markets instruments and trades [1].

Group 1 - The current inflation situation is concerning, with potential for a stagflationary environment prompting a review of funds that traditionally provide a hedge against such macroeconomic conditions [1] - Binary Tree Analytics (BTA) aims to enhance transparency and analytics in capital markets, focusing on Closed-End Funds (CEFs), Exchange-Traded Funds (ETFs), and Special Situations to achieve high annualized returns with low volatility [1] - BTA has over 20 years of investment experience, backed by a Finance major from a top university, and has a background in investment banking cash and derivatives trading [1]

Group 1 - The SPDR Portfolio Long Term Corporate Bond ETF (SPLB) was previously covered a year ago, focusing on its fund structure and risk drivers [1] - Binary Tree Analytics (BTA) aims to provide transparency and analytics in capital markets, specializing in Closed-End Funds (CEFs), Exchange-Traded Funds (ETFs), and Special Situations [1] - BTA has over 20 years of investment experience, with a background in finance from a top university [1]

Group 1 - The Schwab High Yield Bond ETF (NYSEARCA: SCYB) is a fixed income exchange traded fund that aims to track the performance of the ICE [1] - Binary Tree Analytics (BTA) focuses on providing transparency and analytics in capital markets instruments and trades, particularly in CEFs, ETFs, and Special Situations [1] - BTA has over 20 years of investment experience and aims to deliver high annualized returns with a low volatility profile [1]

Group 1 - The Western Asset Premier Bond Fund (NYSE: WEA) was downgraded to 'Hold' a year ago, with its price level remaining virtually unchanged since then [1] - The fund's total return is composed of various investment strategies, focusing on providing transparency and analytics in capital markets instruments and trades [1] - Binary Tree Analytics (BTA) specializes in Closed-End Funds (CEFs), Exchange-Traded Funds (ETFs), and Special Situations, aiming for high annualized returns with low volatility [1]

Group 1 - The article highlights the first coverage of an AAA CLO fund on the Seeking Alpha platform, specifically the Janus Henderson AAA CLO ETF (NYSEARCA: JAAA) from 2022, indicating a prescient analysis [1] - Binary Tree Analytics (BTA) aims to provide transparency and analytics in capital markets instruments and trades, focusing on Closed-End Funds (CEFs), Exchange-Traded Funds (ETFs), and Special Situations [1] - BTA seeks to deliver high annualized returns with a low volatility profile, leveraging over 20 years of investment experience and a finance major from a top university [1]

Group 1 - The article introduces the John Hancock Preferred Income Fund (NYSE: HPI), which has not been previously covered by the company [1] - The company has a background in investment banking, focusing on providing transparency and analytics in capital markets instruments and trades [2] - The company aims to deliver high annualized returns with a low volatility profile, specifically targeting closed-end funds (CEFs), exchange-traded funds (ETFs), and special situations [2]

Core Insights - The article discusses the 9.5% Senior Note due 2029 from Angel Oak Mortgage REIT (AOMR), highlighting its previous trading status above par in January 2025 [1] Group 1 - The investment banking firm Binary Tree Analytics (BTA) aims to provide transparency and analytics in capital markets, focusing on closed-end funds (CEFs), exchange-traded funds (ETFs), and special situations [1] - BTA has over 20 years of investment experience and emphasizes delivering high annualized returns with low volatility [1]