ETF profile for Neos Enhanced Income 1-3 Month T-Bill ETF (CSHI) from the issuer: top holdings, net assets, expense ratio and shares outstanding.
CSHI ETF Profile
| Family: |
NEOS Funds |
| Name: |
NEOS Enhanced Income 1-3 Month T-Bill ETF |
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| Inception Date: |
30-Aug-2022 |
| Termination Date: |
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| Investment Objective: |
The NEOS Enhanced Income 1-3 Month T-Bill ETF (the "Fund") seeks to generate monthly income in a tax efficient manner. The Fund is an actively-managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by (i) investing in 1-3 month T-Bills or in ETFs with substantial exposure to 1-3 month T-Bills (collectively, the "Underlying Investments") and (ii) selling and purchasing S&P 500 Index put options ("SPX put options") to generate income to the Fund beyond what is received from the Underlying Investments. The Fund's option strategy seeks to generate monthly income for the Fund in addition to the yield it receives from the Underlying Investments. The options strategy utilizes a "put spread" consisting of the sale of exchange listed put options ("Short Puts") with a notional value up to 100% of the Fund's net assets and the purchase of put options ("Long Puts"). The Fund's adviser, NEOS Investment Management, LLC (the "Adviser") may actively manage the written and purchased SPX put options prior to expiration to potentially capture gains and minimize losses due to the movement of the S&P 500 Index. The SPX options strategy is intended to generate high monthly income in a tax efficient manner. |
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| Prospectus |
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| Top 10 Holdings |
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Top 10 Holdings Weight: |
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| Number of Holdings: |
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| Shares Outstanding: |
40,710,000 |
| Total Net Assets: |
2,019,216,000 |
| NAV: |
49.59 |
| Net Expense Ratio: |
0.38% |
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| Asset Class: |
Bonds |
| Developed or Emerging: |
Developed Market Funds |
| Country: |
US |
| Region: |
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| Strategy: |
Covered Call Strategy |
| Currency: |
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| Commodity: |
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| Sector: |
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| Industry: |
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| Dividend Type: |
Dividend - High Yield |
| Tax Exempt State: |
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| Maturity Duration: |
<1 year |
| Market Cap: |
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| Credit Quality: |
Investment Grade Only |
| Mortgage Bond Types: |
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| Bond Type: |
Treasury & Government |
| Gov't Bond Types: |
Diversified Treasury & Government |
| Reit Type: |
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| Leverage Direction/Factor: |
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| Is Currency Hedged: |
No |
| US or Ex-US: |
Domestic |
