NEOS Nasdaq 100 High Income ETFNEOS Nasdaq 100 High Income ETFNEOS Nasdaq 100 High Income ETF

NEOS Nasdaq 100 High Income ETF

No trades
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Key stats


Assets under management (AUM)
‪701.78 M‬USD
Fund flows (1Y)
‪670.88 M‬USD
Dividend yield (indicated)
13.60%
Discount/Premium to NAV
0.05%

About NEOS Nasdaq 100 High Income ETF


Issuer
Neos Investments LLC
Brand
Neos
Expense ratio
0.68%
Home page
Inception date
Jan 30, 2024
Index tracked
No Underlying Index
Management style
Active
QQQI strategically invests in the Nasdaq-100 Index stocks and utilizes NDX call options to deliver high monthly income through dividends and option premiums. It executes a call-writing approach, possibly complemented by purchasing long, out-of-the-money calls to achieve a net credit. The fund prioritizes tax efficiency through Section 1256 Contracts, benefiting from a 60/40 tax rate on long- and short-term capital gains. For tax assessment, these contracts are marked as sold at the years end market value. Active management allows for opportune tax loss harvesting by adjusting options before expiration. While primarily employing a replication strategy, the fund may opt to use a representative sampling method to select securities that emulate the indexs risk-return profile when practical difficulties, substantial costs, or liquidity concerns arise. The fund aims for QQQIs tax-optimized tracking of the index, potentially involving frequent trading to adapt to market conditions.

Classification


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
Electronic Technology
Technology Services
Stock breakdown by region
100%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
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Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.