TLTI

NEOS Enhanced Income 20+ Year Treasury Bond ETF

Fund Performance Distribution Calendar
  • Distribution Information
  • Average Annual Total Returns
As of 03/31/2025
Distribution Frequency
Monthly
Expense Ratio
0.58%
Distribution Rate
6.06%
30-Day SEC Yield
4.13%
As of 03/31/2025
Inception
Nav
-1.73%
Market Price
-1.76%
1YR
Nav
--%
Market Price
--%
5YR
Nav
--%
Market Price
--%
10YR
Nav
--%
Market Price
--%

Targeted Benefits of TLTI's Strategy:

  1. The Fund seeks to distribute monthly income generated from investing in a portfolio of 20+ Year Treasury Bonds and implementing a data-driven put option strategy
  2. Actively managed by NEOS, the Fund seeks to take advantage of tax loss harvesting opportunities in addition to utilizing SPX Index options classified as section 1256 contracts, which are subject to lower 60/40 tax rates
  3. The Fund utilizes a put option strategy consisting of written (sold) and purchased put options on the SPX index that seeks to enhance the income generated from the underlying Treasury Bonds while maintaining a low risk profile

Investment Objective:

The NEOS Enhanced Income 20+ Year Treasury Bond ETF (the “Fund”) seeks to generate monthly income in a tax efficient manner.

Fund Details As of: 04/25/2025
Fund Inception 12/11/2024
Fund Ticker TLTI
CUSIP 78433H592
ISIN US1278433H592
Gross Expense Ratio 0.58%
Net Assets $2,814,446
Shares Outstanding 60,000
Primary Exchange Cboe
Underlying Exposure 20+ Year Treasury Bonds
Distribution Frequency Monthly
Fund Resources
Fact sheet  
Prospectus  

Pricing Information

Data as of 04/25/2025

Closing NAV Price
Net Asset Value $46.91
Daily Change ($) $0.35
Daily Change (%) 0.75%
Closing Market Price
Market Price $46.86
Daily Change ($) $0.30
Daily Change (%) 0.65%
Premium / Discount
Premium Discount (%) -0.09%
30-Day Median Bid-Ask Spread (%) 0.11%
Premium / Discount Information

Where might TLTI fit into an investment portfolio?

TLTI invests in an underlying portfolio of 20+ Year Treasury Bonds and implements an options overlay strategy that seeks enhanced monthly income, which may offer investors a tax efficient income stream that surpasses their treasury bond allocations.

Fund Performance

Data as of: 03/31/2025

1 Mo 3 Mo 6 Mo YTD Inception
(Cumulative)		 1 Yr 3 Yr 5 Yr Inception
(Annualized)
Cumulative Annualized
NAV Performance -1.61% 4.12% - 4.12% -1.73% - - - -
Market Performance -1.28% 3.91% - 3.91% -1.76% - - - -
ICE US Treasury 20+ Year Bond Total Return Index -1.26% 4.76% - 4.76% -1.18% - - - -

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.

TLTI 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 TLTI, 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: 03/31/2025

1 Mo 3 Mo 6 Mo YTD Inception
(Cumulative)		 1 Yr 3 Yr 5 Yr Inception
(Annualized)
Cumulative Annualized
NAV Performance -1.61% 4.12% - 4.12% -1.73% - - - -
Market Performance -1.28% 3.91% - 3.91% -1.76% - - - -
ICE US Treasury 20+ Year Bond Total Return Index -1.26% 4.76% - 4.76% -1.18% - - - -

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.

TLTI 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 TLTI, 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 03/31/2025)
Distribution Frequency Monthly
Distribution Rate 6.06%
Distribution Amount / Share ($) $0.2386
Distribution Amount / Share (%) 0.51%
30-Day SEC Yield 4.13%
2024 Distribution Calendar
Supplemental Tax Information: 19a-1 Notices
Declaration Date Ex-Div Date Record Date Payable Date Amount ($)
1/21/2025 1/22/2025 1/22/2025 1/24/2025 $0.2668
2/25/2025 2/26/2025 2/26/2025 2/28/2025 $0.2452
3/25/2025 3/26/2025 3/26/2025 3/28/2025 $0.2386
4/22/2025 4/23/2025 4/23/2025 4/25/2025 $0.2276
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, 66% 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.

Top Holdings

Data as of 04/28/2025   Download Full Holdings

Security Name Identifier Weighting (%)
United States Treasury Note/bond 4.125% 08/15/2053 912810TT5 98.22%
Spxw Us 05/08/25 P4980 SPXW 250508P04980000 0.03%
Spxw Us 05/08/25 P4925 SPXW 250508P04925000 0.02%
Spxw Us 05/08/25 P4875 SPXW 250508P04875000 0.02%
Spxw Us 05/08/25 P5090 SPXW 250508P05090000 -0.04%
Spxw Us 05/08/25 P5145 SPXW 250508P05145000 -0.05%
Spxw Us 05/08/25 P5200 SPXW 250508P05200000 -0.07%

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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