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SPYI ETF Profile


Family: NEOS Funds
Name: NEOS S&P 500 High Income ETF
Inception Date: 30-Aug-2022
Termination Date:
Investment Objective: The Fund seeks to distribute high monthly income generated from investing in the constituents of the S&P 500 Index and implementing a data-driven call option strategy. 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. The Fund utilizes a call option strategy that may include both sold and purchased SPX index options, which may provide the opportunity for upside capture in rising equity markets
Prospectus
Top 10 Holdings
Microsoft Corp MSFT 7.4900%
NVIDIA Corp NVDA 6.5200%
Apple Inc AAPL 6.4100%
Amazon.com Inc AMZN 3.8700%
Meta Platforms Inc META 2.5600%
Alphabet Inc GOOGL 2.5500%
Alphabet Inc GOOG 2.1700%
Berkshire Hathaway Inc BRK.B 1.8000%
Eli Lilly & Co LLY 1.5200%
Broadcom Inc AVGO 1.4700%
Top 10 Holdings Weight: 36.4%
Number of Holdings: 506
Shares Outstanding: 27,780,000
Total Net Assets: 1,377,332,000
NAV: 49.55
Net Expense Ratio: 0.68%
Asset Class: Equities (Stocks)
Developed or Emerging: Developed Market Funds
Country: US
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Strategy: Covered Call Strategy
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Market Cap: Large Cap
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Is Currency Hedged: No
US or Ex-US: Domestic