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 | ||
NVIDIA Corp | NVDA | 7.2800% |
Apple Inc | AAPL | 7.2600% |
Microsoft Corp | MSFT | 6.2900% |
Amazon.com Inc | AMZN | 4.1900% |
Meta Platforms Inc | META | 2.7200% |
Alphabet Inc | GOOGL | 2.3300% |
Tesla Inc | TSLA | 2.2800% |
Broadcom Inc | AVGO | 2.1200% |
Alphabet Inc | GOOG | 1.8700% |
Berkshire Hathaway Inc | BRK.B | 1.6300% |
Top 10 Holdings Weight: | 38.0% |
Number of Holdings: | 507 |
Shares Outstanding: | 52,140,000 |
Total Net Assets: | 2,681,039,000 |
NAV: | 51.40 |
Net Expense Ratio: | 0.68% |
Asset Class: | Equities (Stocks) |
Developed or Emerging: | Developed Market Funds |
Country: | US |
Region: | |
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 |