As of 01/31/2025
Distribution Frequency
Monthly
Expense Ratio
0.68%
Distribution Rate 
--%
30-Day SEC Yield
--%
Targeted Benefits of IYRI's Strategy:
- The Fund seeks to distribute high levels of monthly income through a data-driven call option strategy on ETFs that seek to track the Dow Jones U.S. Real Estate Capped Index
- Actively managed by NEOS, the Fund seeks to offer upside potential in addition to the primary objective of high monthly income
- The Fund may offer efficient exposure to a portfolio of U.S. listed REITs with an enhanced layer of high monthly income potential, packaged into a single ETF
Investment Objective:
The NEOS Real Estate High Income ETF (the “Fund”) seeks to generate high monthly income with the potential for equity appreciation.
| Fund Details | As of: 02/10/2025 |
|---|---|
| Fund Inception | 1/14/2025 |
| Fund Ticker | IYRI |
| CUSIP | 78433H618 |
| ISIN | US778433H618 |
| Gross Expense Ratio | 0.68% |
| Net Assets | $9,282,192 |
| Shares Outstanding | 180,000 | Primary Exchange | Cboe |
| Underlying Exposure | Dow Jones U.S. Real Estate Capped Index |
| Distribution Frequency | Monthly |
| Fund Resources |
|---|
Fact sheet 
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Prospectus
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Pricing Information
Data as of 02/10/2025
| Closing NAV Price | |
|---|---|
| Net Asset Value | $51.57 |
| Daily Change ($) | $0.07 |
| Daily Change (%) | 0.13% |
| Closing Market Price | |
|---|---|
| Market Price | $51.54 |
| Daily Change ($) | $-0.02 |
| Daily Change (%) | -0.03% |
| Premium / Discount | |
|---|---|
| Premium Discount (%) | -0.05% |
| 30-Day Median Bid-Ask Spread (%) | 0.20% |
Where might IYRI fit into an investment portfolio?
IYRI invests in an underlying portfolio of U.S. listed REITs and implements a data-driven call option overlay that seeks high monthly income in addition to the dividends received from the underlying REIT allocations, which may offer investors a higher income complement or alternative to existing REIT allocations.
Fund Performance
Data as of: 01/31/2025
| 1 Mo | 3 Mo | 6 Mo | YTD | Inception (Cumulative) |
1 Yr | 3 Yr | 5 Yr | Inception (Annualized) |
|
|---|---|---|---|---|---|---|---|---|---|
| Cumulative | Annualized | ||||||||
| NAV Performance | - | - | - | - | 2.89% | - | - | - | - |
| Market Performance | - | - | - | - | 2.95% | - | - | - | - |
| Dow Jones U.S. Real Estate Capped Index | - | - | - | - | 3.75% | - | - | - | - |
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.
IYRI 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 IYRI, 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: 12/31/2024
| 1 Mo | 3 Mo | 6 Mo | YTD | Inception (Cumulative) |
1 Yr | 3 Yr | 5 Yr | Inception (Annualized) |
|
|---|---|---|---|---|---|---|---|---|---|
| Cumulative | Annualized | ||||||||
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.
IYRI 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 IYRI, 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.
Distributions
| Distribution Information (as of 01/31/2025) |
|
|---|---|
| Distribution Frequency | Monthly |
Distribution Rate  |
--% |
| Distribution Amount / Share ($) | $0.5005 |
| Distribution Amount / Share (%) | 0.99% |
| 30-Day SEC Yield |
--% |
| Declaration Date | Ex-Div Date | Record Date | Payable Date | Amount ($) |
|---|---|---|---|---|
| 1/21/2025 | 1/22/2025 | 1/22/2025 | 1/24/2025 | $0.5005 |
| 2/25/2025 | 2/26/2025 | 2/26/2025 | 2/28/2025 | |
| 3/25/2025 | 3/26/2025 | 3/26/2025 | 3/28/2025 | |
| 4/22/2025 | 4/23/2025 | 4/23/2025 | 4/25/2025 | |
| 5/20/2025 | 5/21/2025 | 5/21/2025 | 5/23/2025 | |
| 6/24/2025 | 6/25/2025 | 6/25/2025 | 6/27/2025 | |
| 7/22/2025 | 7/23/2025 | 7/23/2025 | 7/25/2025 | |
| 8/19/2025 | 8/20/2025 | 8/20/2025 | 8/22/2025 | |
| 9/23/2025 | 9/24/2025 | 9/24/2025 | 9/26/2025 | |
| 10/21/2025 | 10/22/2025 | 10/22/2025 | 10/24/2025 | |
| 11/25/2025 | 11/26/2025 | 11/26/2025 | 11/28/2025 | |
| 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, 100% 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.
