NEOS ETF Trust NEOS Bitcoin High Income ETFNEOS ETF Trust NEOS Bitcoin High Income ETFNEOS ETF Trust NEOS Bitcoin High Income ETF

NEOS ETF Trust NEOS Bitcoin High Income ETF

No trades
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Key stats


Assets under management (AUM)
‪75.29 M‬USD
Fund flows (1Y)
‪73.13 M‬USD
Dividend yield (indicated)
25.74%
Discount/Premium to NAV
1.2%
Shares outstanding
‪1.17 M‬
Expense ratio
0.98%

About NEOS ETF Trust NEOS Bitcoin High Income ETF


Issuer
NEOS Investments LLC
Brand
Neos
Home page
Inception date
Oct 17, 2024
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Management style
Active
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
No distributions
Primary advisor
Neos Investment Management LLC
Distributor
Foreside Fund Services LLC
BTCI invests in ETPs with exposure to bitcoin and bitcoin futures while employing call option strategies that provide high monthly income. The actively managed fund utilizes a proprietary, rules-based, systematic model to manage options positions. The fund utilizes a synthetic covered call strategy via exchange-traded and FLEX options. This, however, limits participation in potential gains if the ETF shares increase in value. The fund may employ a bear call spread to generate a net credit when the adviser believes a futures ETFs price will decrease, remain unchanged, or only increase slightly. This happens when the premium earned from the option sold is greater than what is paid to purchase a call option further out-of-the-money or from the strike price. The fund will hold US Treasurys as collateral. Investments may be held in a wholly owned Cayman Island subsidiary. The fund may take advantage of tax loss harvesting to capture losses in order to offset gains.

Classification


Asset Class
Currency
Category
Pair
Focus
Long Bitcoin, short USD
Niche
Derivative
Strategy
Active
Geography
Global
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Government
Miscellaneous
Bonds, Cash & Other100.00%
Government70.04%
Miscellaneous22.96%
Rights & Warrants4.80%
Mutual fund1.60%
Cash0.59%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Oscillators
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Summary
Neutral
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Summary
Neutral
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Summary
Neutral
SellBuy
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Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
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Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.