Seeking Income as the Outcome

NEOS has set out to enhance investment portfolios with the next evolution of options-based income solutions

Explore our ETFs How to Invest

Explore Our ETFs

As of 2/28/2023

S&P 500 High Income ETF

SPYI

Distribution Frequency

Monthly

Distribution Yield

12.06%

30-Day SEC Yield

1.10%

Expense Ratio

0.68%

Listing Exchange

CBOE

Fact Sheet

Fund Page

Enhanced Income Aggregate Bond ETF

BNDI

Distribution Frequency

Monthly

Distribution Yield

5.02%

30-Day SEC Yield

1.94%

Net Expense Ratio*

0.58%

Listing Exchange

NYSE

Fact Sheet

Fund Page

Enhanced Income Cash Alternative ETF

CSHI

Distribution Frequency

Monthly

Distribution Yield

5.66%

30-Day SEC Yield

4.05%

Expense Ratio

0.38%

Listing Exchange

NYSE

Fact Sheet

Fund Page

*The Adviser has contractually agreed to keep net expenses of BNDI from exceeding 0.58% of the Fund's average daily net assets through March 29, 2024 subject to approval of the agreement by the Board. Without the fee waiver the waiver the Fund expenses would be 0.61%.

NEOS

Next Evolution Options Strategies

Established by a team of options-based ETF industry pioneers, NEOS utilizes a disciplined approach that integrates advanced quantitative methods with a deep understanding of volatility, risk management, and market insights to provide clients with our next evolution of options-based strategies.

ETF Guiding Principles

Seek High
Monthly Income

We understand the importance of generating reliable income within an investment portfolio, which is why we believe investors should be able to maintiain high expectations throughout lower rate and inflationary market environments

Tax Efficient
Portfolio Management

Managing the tax implications of your investments can have a big impact on overall returns, which is why NEOS seeks to take advantage of tax loss harvesting opportunities, while utilizing tax efficient product structures

Ongoing Data-Driven Research

Rapidly evolving markets and emerging challenges call for investment products rooted in deeply researched, data-driven strategies that seek to improve outcomes in both current and future market environments

Explore Our Latest Insights

NEOS ETFs seek to deliver the next evolution of options-based investments strategies, where seeking income is the outcome. We invite you to explore our monthly performance write-ups, whitepapers, and our thoughts on the state of the continously evolving ETF landscape.

Learn More

How To Invest

ETFs are accessible investment vehicles available to both individual investors and financial professionals. Our ETFs can be purchased at most online brokerages or through your trusted financial professional. Please click below to explore current availability.

Learn More

Schedule a meeting with us

Investors should carefully consider the investment objectives, risks, charges and expenses of Exchange Traded Funds (ETFs) before investing. To obtain an ETF's prospectus containing this and other important information, please call (866) 498-5677 or view/download a prospectus here: SPYI | BNDI | CSHI. Please read the prospectus carefully before you invest.

An investment in NEOS ETFs involve risk, including possible loss of principal. The equity securities purchased by the Funds may involve large price swings and potential for loss.

The use of derivative instruments involves risks different from, or possibly greater than, the risks associated with investing directly in securities and other traditional investments. These risks include (i) the risk that the counterparty to a derivative transaction may not fulfill its contractual obligations; (ii) risk of mispricing or improper valuation; and (iii) the risk that changes in the value of the derivative may not correlate perfectly with the underlying asset, rate or index. Derivative prices are highly volatile and may fluctuate substantially during a short period of time. The use of leverage by the Fund, such as borrowing money to purchase securities or the use of options, will cause the Fund to incur additional expenses and magnify the Fund’s gains or losses. The earnings and prospects of small and medium sized companies are more volatile than larger companies and may experience higher failure rates than larger companies. Small and medium sized companies normally have a lower trading volume than larger companies, which may tend to make their market price fall more disproportionately than larger companies in response to selling pressures and may have limited markets, product lines, or financial resources and lack management experience. The funds are new with a limited operating history.

Definitions:

Options: An option refers to a financial instrument that is based on the value of underlying securities such as stocks. An options contract offers the buyer the opportunity to buy or sell—depending on the type of contract they hold—the underlying asset.

Put: A put option (or “put”) is a contract giving the option buyer the right, but not the obligation, to sell—or sell short—a specified amount of an underlying security at a predetermined price within a specified time frame.

Call: Call options are financial contracts that give the option buyer the right but not the obligation to buy a stock, bond, commodity, or other asset or instrument at a specified price within a specific timeperiod.

Duration: Duration can measure how long it takes, in years, for an investor to be repaid a bond’s price by the bond’s total cash flows. Duration can also measure the sensitivity of a bond’s or fixed income portfolio’s price to changes in interest rates.

The information on this website does not constitute investment advice or a recommendation of any products, strategies, or services. Investors should consult with a financial professional regarding their individual circumstances before making investment decisions. NEOS Funds or its affiliates, nor Foreside Fund Services, LLC, or its affiliates accept any responsibility for loss arising from the use of the information contained herein.

NEOS ETFs are distributed by Foreside Fund Services, LLC.

Definitions:

Option: Options are financial derivatives that give buyers the right, but not the obligation, to buy or sell an underlying asset at an agreed-upon price and date.

Distribution Yield: The annual yield an investor would receive if the most recent fund distribution remained the same going forward. The distribution yield represents a single distribution from the Fund and is not a representation of the Fund's total return. The distribution yield is calculated by multiplying the most recent distribution by 12 in order to annualize it, and then dividing by the Fund's NAV.

30-day SEC Yield: A calculation based on a formula mandated by the Securities and Exchange Commission (SEC) that calculates a fund's hypothetical annualized income, as a percentage of its assets. A security's income, for the purposes of this calculation, is based on the current market yield to maturity (in the case of bonds) or projected dividend yield (for stocks) of the fund's holdings over a trailing 30-day period. This hypothetical income will differ (at times, significantly) from the fund's actual experience; as a result, income distributions from the fund may be higher or lower than implied by the SEC yield.

Tax Loss Harvesting: The timely selling of securities at a loss in order to offset the amount of capital gains tax due on the sale of other securities at a profit.

Seeking Income as the Outcome

NEOS has set out to enhance investment portfolios with the next evolution of options-based income solutions

Explore Our ETFs

NEOS

Next Evolution Options Strategies

ETF Guiding Principles

Schedule a meeting with us

NEOS Investments

News & Insights

Our ETFs