IAUI

NEOS Gold High Income ETF

  • Distribution Information
  • Average Annual Total Returns
As of 11/30/2025
Distribution Frequency
Monthly
Expense Ratio
0.78%
Distribution Rate
12.53%
30-Day SEC Yield
2.15%
As of 09/30/2025
Inception
Nav
8.93%
Market Price
9.15%
1YR
Nav
--%
Market Price
--%
5YR
Nav
--%
Market Price
--%
10YR
Nav
--%
Market Price
--%

Targeted Benefits of IAUI's Strategy:

  1. The Fund aims to offer monthly income through a data-driven call option strategy on gold ETPs
  2. The Fund seeks to offer appreciation based on exposure to physical gold.
  3. The Fund offers an accessible way to pair physical gold exposure with high monthly income potential within a single ETF

Investment Objective:

The NEOS Gold High Income ETF (the “Fund”) seeks to generate high monthly income with the potential for appreciation based on exposure to exchange-traded products (“ETPs”) that have direct exposure to gold.


Distributions made by the Fund have been classified as a return of capital and may be comprised of option premiums, dividends, capital gains, and interest payments. As of the most recent distribution by the Fund, 90% was estimated to be return of capital. Please see the 19a-1 notices for a more comprehensive breakdown. To learn more about the potential tax efficiencies of return of capital distributions, click here

Fund Details As of: 12/09/2025
Fund Inception 6/5/2025
Fund Ticker IAUI
CUSIP 78433H550
ISIN US78433H5506
Expense Ratio 0.78%
Net Assets $221,918,458
Shares Outstanding 4,020,000
Primary Exchange CBOE
Distribution Frequency Monthly

Pricing Information

Data as of 12/09/2025

Closing NAV Price
Net Asset Value $55.20
Daily Change ($) $0.22
Daily Change (%) 0.40%
Closing Market Price
Market Price $55.35
Daily Change ($) $0.21
Daily Change (%) 0.38%
Premium / Discount
Premium Discount (%) 0.27%
30-Day Median Bid-Ask Spread (%) 0.13%
Premium / Discount Information

Where might IAUI fit into an investment portfolio?

IAUI may serve as an alternative or complement to existing gold allocations, which may offer portfolio diversification, protection against inflation, and a hedge against economic uncertainty. Through IAUI investors can seek those inherent benefits present within gold, while pursuing high monthly income within a single, accessible ETF.

Fund Performance

Data as of: 11/30/2025

1 Mo 3 Mo 6 Mo YTD Inception
(Cumulative)
1 Yr 3 Yr 5 Yr Inception
(Annualized)
Cumulative Annualized
NAV Performance 4.39% 14.11% - - 17.32% - - - -
Market Performance 4.38% 14.42% - - 17.63% - - - -

Past performance is no guarantee of future results. The performance data quoted here represents past performance. Current performance may be lower or higher than the performance data quoted above. Investment return and principal value will fluctuate, so that shares, when redeemed, may be worth more or less than their original cost. For performance data current to the most recent month end, please call (866) 498-5677.

IAUI is bought and sold at market price (not NAV) and are not individually redeemed from the fund. Brokerage commissions will reduce returns. Market Price returns are based upon the official closing price on the listing exchange (Cboe) at 4:00 p.m. ET when NAV is normally determined for IAUI, and do not represent the returns you would receive if you traded shares at other times. A fund’s NAV is the sum of all its assets less any liabilities, divided by the number of shares outstanding.

Data as of: 09/30/2025

1 Mo 3 Mo 6 Mo YTD Inception
(Cumulative)
1 Yr 3 Yr 5 Yr Inception
(Annualized)
Cumulative Annualized
NAV Performance 5.95% 10.16% - - 8.93% - - - -
Market Performance 6.18% 10.29% - - 9.15% - - - -

Past performance is no guarantee of future results. The performance data quoted here represents past performance. Current performance may be lower or higher than the performance data quoted above. Investment return and principal value will fluctuate, so that shares, when redeemed, may be worth more or less than their original cost. For performance data current to the most recent month end, please call (866) 498-5677.

IAUI is bought and sold at market price (not NAV) and are not individually redeemed from the fund. Brokerage commissions will reduce returns. Market Price returns are based upon the official closing price on the listing exchange (Cboe) at 4:00 p.m. ET when NAV is normally determined for IAUI, and do not represent the returns you would receive if you traded shares at other times. A fund’s NAV is the sum of all its assets less any liabilities, divided by the number of shares outstanding.

Data as of: 09/30/2025

1 Mo 3 Mo 6 Mo YTD Inception
(Cumulative)
1 Yr 3 Yr 5 Yr Inception
(Annualized)
Cumulative Annualized
NAV Performance
(Post-Tax on Fund Distributions)
5.50 8.76 - - 7.08% - - - -
NAV Performance
(Post-Tax on Fund Distributions and Shares Sold)
3.52 5.97 - - 5.22% - - - -
Market Performance
(Post-Tax on Fund Distributions)
5.73 8.90 - - 7.30% - - - -
Market Performance
(Post-Tax on Fund Distributions and Shares Sold)
3.66 6.05 - - 5.35% - - - -

Past performance is no guarantee of future results. The performance data quoted here represents past performance. Current performance may be lower or higher than the performance data quoted above. Investment return and principal value will fluctuate, so that shares, when redeemed, may be worth more or less than their original cost. For performance data current to the most recent month end, please call (866) 498-5677.

IAUI is bought and sold at market price (not NAV) and are not individually redeemed from the fund. Brokerage commissions will reduce returns. Market Price returns are based upon the official closing price on the listing exchange (CBOE) at 4:00 p.m. ET when NAV is normally determined for IAUI, and do not represent the returns you would receive if you traded shares at other times. A fund’s NAV is the sum of all its assets less any liabilities, divided by the number of shares outstanding.

After-tax returns are calculated using the highest individual federal income tax rates in effect at the time of each distribution, and do not reflect the impact of state and local taxes. After-tax returns for most funds are calculated using the tax liability implied by each of their respective declared distributions. However, the exact tax characteristics of many distributions aren't known until after the close of the calendar year. When accounting for the return of capital, the system uses the pro-rata method to reduce cost basis. The pre-liquidation return is identical to a standard rate of return except when reinvesting the distributions, we must first reduce the reinvestment amount of each component of the distribution by the appropriate tax rate. Post-liquidation returns may be adversely impacted by an investor's deferred tax liabilities.

Distributions

Distribution Information
(as of 11/30/2025)
Distribution Frequency Monthly
Distribution Rate 12.53%
Distribution Amount / Share ($) $0.5706
Distribution Amount / Share (%) 1.04%
30-Day SEC Yield 2.15%
Declaration Date Ex-Div Date Record Date Payable Date Amount ($)
06/24/2025 06/25/2025 06/25/2025 06/27/2025 $0.5224
07/22/2025 07/23/2025 07/23/2025 07/25/2025 $0.5204
08/19/2025 08/20/2025 08/20/2025 08/22/2025 $0.5113
09/23/2025 09/24/2025 09/24/2025 09/26/2025 $0.5434
10/21/2025 10/22/2025 10/22/2025 10/24/2025 $0.5807
11/25/2025 11/26/2025 11/26/2025 11/28/2025 $0.5706
12/23/2025 12/24/2025 12/24/2025 12/26/2025

Distributions made by the Fund have been classified as a return of capital and may be comprised of option premiums, dividends, capital gains, and interest payments. As of the most recent distribution by the Fund, 90% was estimated to be return of capital. Please see the 19a-1 notices for a more comprehensive breakdown. To learn more about the potential tax efficiencies of return of capital distributions, click here.

Notification of Source of Distributions Pursuant to Rule 19a-1 under the Investment Company Act of 1940

2025

Form 8937 – Report of Organizational Actions Affecting Basis of Securities

To facilitate tax basis reporting, since January 2012, the Internal Revenue Service has required certain securities activity to be reported on Form 8937.

For more information, consult with a tax professional and/or your financial professional.

No Form 8937 documents available.

Top Holdings

Data as of 12/10/2025   Download Full Holdings

Security Name Identifier Weighting (%)
United States Treasury Bill 02/05/2026 912797RL3 68.60%
Goldman Sachs Physical Gold Etf AAAU 24.37%
Gld 01/16/2026 354 C 2GLD 260116C00354000 6.90%
Gld 01/16/2026 354 P 2GLD 260116P00354000 -0.15%
Gld 01/16/2026 406 C 2GLD 260116C00406000 -0.28%
Gld 01/16/2026 397 C 2GLD 260116C00397000 -0.45%

Holdings are subject to change

Potential Benefits of Utilizing Options-Based ETFs

High Monthly Income

Investors may seek increased income generation potential within their portfolios through option writing (selling).

Lower Correlation

Options-based solutions may be less sensitive to traditional market risk factors such as credit, duration, and inflation risk.

Tax Efficiency

Index options are classified as Section 1256 contracts, which are subject to lower 60/40 tax rates.

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