Symbols

BNDI

NEOS Enhanced Income Aggregate Bond ETF·ARCA

--(--)

Key Stats

Assets Under Management

142.60MUSD

Fund Flows (1Y)

71.92MUSD

Dividend Yield

6.17%

Discount/Premium to NAV

0.16%

Shares Outstanding

2.99M

Expense Ratio

0.58%

About NEOS Enhanced Income Aggregate Bond ETF

Issuer

NEOS Investment Management, LLC

Brand

Neos Investments LLC

Home Page

https://neosfunds.com/bndi/

Inception Date

Aug 30, 2022

Structure

Open-Ended Fund

Index Tracked

Management Style

Active

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Neos Investment Management LLC

Distributor

Foreside Fund Services LLC

BNDI seeks to generate monthly income in a tax-efficient manner by investing in a diversified portfolio of ETFs or individual bonds aimed to provide exposure to the US Aggregate Bond market. This portfolio generally consists of US Treasurys, government and corporate bonds, MBS, and ABS. These securities may have varying maturities and are primarily rated investment grade but may invest up to 30% in high-yield securities. The fund also utilizes a put-spread strategy by selling and purchasing S&P 500 Index put options, which seeks to generate additional income. There is no guarantee that the adviser will be successful. The fund may engage in active and frequent trading of portfolio securities.