HYBI
·NASDAQ
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Key Stats
Assets Under Management
189.34MUSD
Fund Flows (1Y)
48.00MUSD
Dividend Yield
8.53%
Discount/Premium to NAV
0.09%
Shares Outstanding
3.60M
Expense Ratio
0.68%
About NEOS Enhanced Income Credit Select ETF
Issuer
NEOS Investment Management, LLC
Brand
Neos Investments LLC
Home Page
Inception Date
Sep 30, 2024
Structure
Open-Ended Fund
Index Tracked
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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
HYBI primarily invests in US bonds through ETFs, balancing high-yield and investment-grade securities for diversification across credit qualities. The fund utilizes S&P 500 Index put options to enhance income and provide tax efficient monthly returns. Guided by a proprietary quantitative model developed with insights from third-party research, HYBI adjusts allocations between high-yield and investment-grade bonds based on credit ratings, duration, Federal Reserve policies, and interest rate expectations. The fund frequently rebalances its portfolio in response to market trends, which may result in higher turnover compared to other ETFs. As a fund-of-funds, HYBI aims to manage risk while targeting both capital appreciation and income generation. HYBI began as the WSTCM Credit Select Risk-Managed Fund, with $133.5 million in assets before converting to an ETF.
Classification
Asset Class
Fixed Income
Category
Broad Market, Broad-based
Focus
Broad Credit
Niche
Broad Maturities
Strategy
Active
Geography
U.S.
Weighting Scheme
Proprietary
Selection Criteria
Proprietary
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | +0.65% | -1.16% | -1.86% | -2.07% | -4.02% | -4.02% |
NAV Total Return | +0.43% | +1.09% | +6.23% | +5.25% | +0.01% | +0.01% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
Technology
35.28%
Financial Services
12.78%
Communication Services
10.98%
Consumer Cyclical
10.40%
Healthcare
9.76%
Industrials
7.34%
Consumer Defensive
4.86%
Energy
2.86%
Utilities
2.37%
Technology
35.28%
Financial Services
12.78%
Communication Services
10.98%
Consumer Cyclical
10.40%
Healthcare
9.76%
Industrials
7.34%
Consumer Defensive
4.86%
Energy
2.86%
Utilities
2.37%
Show more
Asset
Region
79.77%
20.23%
Category
Ratio
North America
79.77%
Europe
20.23%
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
USHY
iShares Broad USD High Yield Corporate Bond ETF
31.79%
HYLB
Xtrackers USD High Yield Corporate Bond ETF
31.62%
SPHY
State Street SPDR Portfolio High Yield Bond ETF
30.79%
Cash & Other
5.86%
CBOE S&P PUT OPT 01/26 6160
0.02%
CBOE S&P PUT OPT 01/26 6100
0.02%
CBOE S&P PUT OPT 01/26 6025
0.01%
CBOE S&P PUT OPT 01/26 6290
-0.03%
CBOE S&P PUT OPT 01/26 6350
-0.03%
CBOE S&P PUT OPT 01/26 6430
-0.05%
Top 10 Weight 100%
10 Total Holdings
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2025-11-26 | 2025-11-26 | 2025-11-28 | 0.337 |
| 2025-10-22 | 2025-10-22 | 2025-10-24 | 0.345 |
| 2025-09-24 | 2025-09-24 | 2025-09-26 | 0.358 |
| 2025-08-20 | 2025-08-20 | 2025-08-22 | 0.354 |
| 2025-07-23 | 2025-07-23 | 2025-07-25 | 0.364 |
| 2025-06-25 | 2025-06-25 | 2025-06-27 | 0.363 |
| 2025-05-21 | 2025-05-21 | 2025-05-23 | 0.350 |
Show more
Premium/Discount Chart
Premium/Discount to NAV
Price
1M
Assets Under Management
Assets Under Management
1M
Fund Flows
Inflows
Outflows
1M
