Expand IWMI Menu
IWMI MENU

IWMI ETF Profile


Family: NEOS Funds
Name: NEOS Russell 2000 High Income ETF
Inception Date: 24-Jun-2024
Termination Date:
Investment Objective: The Fund is an actively-managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by (i) investing in one or more ETFs that seeks to track the Russell 2000 Index ("Russell 2000 Underlying ETFs"), a portfolio of stocks that make up the Russell 2000 Index (the "Russell 2000" or the "Reference Index"), or a combination thereof; and (ii) utilizing a call options strategy to provide high monthly income, which primarily consists of writing (selling) call options on the Russell 2000 ("RUT call options"). The Fund seeks equity appreciation through its investments in Russell 2000 Underlying ETFs and/or a portfolio of stocks that make up the Russell 2000 Index. The Fund seeks to generate high monthly income from the premiums earned from the RUT call options as well as the dividends received from the Fund's equity holdings.
Prospectus
Top 10 Holdings
Vanguard Russell 2000 ETF VTWO 99.7600%
Cash & Other 0.5500%
RUT US 08/21/26 C3105 -0.2100%
RUT US 08/21/26 C3160 -0.1100%
Top 10 Holdings Weight: 100.0%
Number of Holdings: 4
Shares Outstanding: 20,030,000
Total Net Assets: 1,054,980,000
NAV: 52.63
Net Expense Ratio: 0.68%
Asset Class: Equities (Stocks)
Developed or Emerging: Developed Market Funds
Country: US
Region:
Strategy: Covered Call Strategy
Currency:
Commodity:
Sector:
Industry:
Dividend Type:
Tax Exempt State:
Maturity Duration:
Market Cap: Small Cap
Credit Quality:
Mortgage Bond Types:
Bond Type:
Gov't Bond Types:
Reit Type:
Leverage Direction/Factor:
Is Currency Hedged: No
US or Ex-US: Domestic
Market Data Delayed 15 Minutes