Amplify Sets IDVO’s October Distribution at $0.20240 Per Share

Amplify CWP International Enhanced Dividend Income ETF (IDVO) will pay $0.20240 per share for October, about 4.7% less than its September distribution of $0.21235 per share.

The fund lists Oct. 29 as both the ex-dividend date and the record date. Payment is scheduled for Friday, Oct. 30.

IDVO’s primary objective is current income, with capital appreciation as its secondary objective. Its normal policy puts at least 80% of net assets plus investment borrowings into dividend-paying American depositary receipts of large- and mid-cap companies based outside the United States. It may sell covered-call options on those holdings.

Distributions may include income, capital gains or return of capital, and amounts may vary during the year. “There is no guarantee that distributions will be made in the future,” Amplify ETFs said in its announcement.