NEOS Investments, a leading asset management firm in the options-based ETF space, has announced the October 2024 monthly distribution amounts for its suite of ETFs, designed to deliver monthly income and tax efficiency across core portfolio exposures.
October 2024 ETF Distributions
Below are the distribution details as of the October Ex-Div Date (10/23/2024):
| ETF Name | Annualized Distribution Rate | Amount/Share (%) | Amount/Share ($) | Distribution Frequency | 30-Day SEC Yield |
|---|---|---|---|---|---|
| Bitcoin High Income ETF (BTCI) | –% | 2.35% | $1.1253 | Monthly | –% |
| Russell 2000 High Income ETF (IWMI) | 14.83% | 1.24% | $0.6239 | Monthly | 0.83% |
| Nasdaq-100 High Income ETF (QQQI) | 14.35% | 1.20% | $0.6098 | Monthly | 0.21% |
| S&P 500 High Income ETF (SPYI) | 12.19% | 1.02% | $0.5196 | Monthly | 0.72% |
| Enhanced Income Credit Select ETF (HYBI) | –% | 0.73% | $0.0752 | Monthly | –% |
| Enhanced Income Aggregate Bond ETF (BNDI) | 5.80% | 0.48% | $0.2291 | Monthly | 2.92% |
| Enhanced Income 1-3 Month T-Bill ETF (CSHI) | 5.55% | 0.46% | $0.2300 | Monthly | 4.84% |
The October distribution payable date is 10/24/2024 for shareholders on record by 10/23/2024.
About NEOS Investments
Founded in 2022, NEOS Investments focuses on options-based ETFs, offering investors income, tax efficiency, and diversification through advanced options strategies. NEOS ETFs are built on extensive research and experience, empowering investors with portfolio building blocks for a range of financial goals.
Important Notes
- Past Performance and Risk: Performance data represents past performance, which does not guarantee future results. Investments in ETFs are subject to market risk, potential loss of principal, and high volatility.
- Distribution Rate and Composition: The distribution rate is calculated based on a recent NAV and does not represent total return. Distributions may vary monthly and may include return of capital, option premiums, dividends, capital gains, and interest payments. See 19a-1 notices for detailed information.
- Expense Ratios: BTCI = 0.98%; SPYI, QQQI, IWMI, HYBI = 0.68%; BNDI = 0.58%; CSHI = 0.38%.
- SEC Yield: The 30-Day SEC Yield is based on the yield to maturity for bonds or projected dividend yield for stocks over a trailing 30-day period, excluding income from options.
For more information, view each ETF’s prospectus by visiting the corresponding ETF ticker: SPYI | QQQI | IWMI | BTCI | HYBI | BNDI | CSHI, or call (866) 498-5677.
Investors should consult a financial professional before making any investment decisions. NEOS Investments, Foreside Fund Services, LLC, and their affiliates are not liable for losses arising from the use of this information.
