NEOS Investments Announces May Distributions for ETF Suite

NEOS Investments, an asset management firm specializing in options-based ETFs, has announced the May monthly distribution amounts for its suite of ETFs focused on monthly income and tax efficiency across core portfolio exposures.

ETF Distribution Information as of the May 2024 Ex-Div Date (5/22/2024)

ETFDistribution Yield*Amount/Share (%)Amount/Share ($)Distribution FrequencyExpense Ratio
Nasdaq-100 High Income ETF (QQQI)14.56%1.21%$0.6129Monthly0.68%
S&P 500 High Income ETF (SPYI)12.11%1.01%$0.4997Monthly0.68%
Enhanced Income 1-3 Month T-Bill ETF (CSHI)5.54%0.46%$0.2297Monthly0.38%
Enhanced Income Aggregate Bond ETF (BNDI)5.06%0.42%$0.1969Monthly0.58%

The May distribution payable date is 5/24/2024 for shareholders of record on or before 5/23/2024.

About NEOS Investments: Founded in 2022, NEOS Investments offers ETFs designed to deliver innovative options strategies aimed at generating income. Built on decades of research and experience, NEOS ETFs provide portfolio building blocks that offer monthly income, tax efficiency, and diversification through data-driven options-based strategies.

The performance data quoted above represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost, and current performance may be lower or higher than the performance quoted above. Performance current to the most recent month-end can be obtained by visiting the corresponding ETF funds pages via their ticker: SPYI | QQQI | BNDI | CSHI, or by calling 866.498.5677.

30-Day SEC Yield as of the most recent month-end (4/30/2024): QQQI = 0.29% | SPYI = 0.81% | BNDI = 2.88% | CSHI = 5.01%

*The Distribution Yield is the annual yield an investor would receive if the most recently declared distribution, which includes option income, remained the same going forward. The Distribution Rate is calculated by multiplying an ETF’s Distribution per Share by twelve (12) and dividing the resulting amount by the ETF’s most recent NAV. The Distribution Rate represents a single distribution from the ETF and does not represent its total return. Distributions are not guaranteed.

30-day SEC Yield is a calculation based on a formula mandated by the Securities and Exchange Commission (SEC) that calculates a fund’s hypothetical annualized income as a percentage of its assets. A security’s income, for the purposes of this calculation, is based on the current market yield to maturity (for bonds) or projected dividend yield (for stocks) of the fund’s holdings over a trailing 30-day period. This hypothetical income will differ (at times, significantly) from the fund’s actual experience; as a result, income distributions from the fund may be higher or lower than implied by the SEC yield. Note that the 30-Day SEC Yield does not include income received from option selling.

Investors should carefully consider the investment objectives, risks, charges, and expenses of Exchange Traded Funds (ETFs) before investing. To obtain an ETF’s prospectus containing this and other important information, please call (866) 498-5677 or view/download a prospectus by clicking on the corresponding ETF ticker: SPYI | QQQI | BNDI | CSHI. Please read the prospectus carefully before you invest.

An investment in NEOS ETFs involves risk, including possible loss of principal. The equity securities purchased by the Funds may involve large price swings and potential for loss.

The use of derivative instruments involves risks different from, or possibly greater than, the risks associated with investing directly in securities and other traditional investments. These risks include (i) the risk that the counterparty to a derivative transaction may not fulfill its contractual obligations; (ii) the risk of mispricing or improper valuation; and (iii) the risk that changes in the value of the derivative may not correlate perfectly with the underlying asset, rate, or index. Derivative prices are highly volatile and may fluctuate substantially during a short period. The use of leverage by the Fund, such as borrowing money to purchase securities or the use of options, will cause the Fund to incur additional expenses and magnify the Fund’s gains or losses. The earnings and prospects of small and medium-sized companies are more volatile than larger companies and may experience higher failure rates. Small and medium-sized companies normally have a lower trading volume than larger companies, which may make their market price fall more disproportionately than larger companies in response to selling pressures and may have limited markets, product lines, or financial resources and lack management experience. The funds are new with a limited operating history.

The information on this website does not constitute investment advice or a recommendation of any products, strategies, or services. Investors should consult with a financial professional regarding their individual circumstances before making investment decisions. NEOS Investments, LLC or its affiliates, nor Foreside Fund Services, LLC or its affiliates accept any responsibility for loss arising from the use of the information contained herein.

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