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NEOS Enhanced Income Aggregate Bond ETF BNDI

Morningstar Medalist Rating
Medalist Rating as of | See Neos Funds Investment Hub

Morningstar’s Analysis BNDI

Will BNDI outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable BNDI’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the BNDI management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of BNDI’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of a middling Process Pillar rating and a Below Average People Pillar rating limit NEOS Enhanced Income Aggregate Bond ETF to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings BNDI

More BNDI Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 99.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Vanguard Total Bond Market ETF

49.69 4.9 Mil
—

iShares Core US Aggregate Bond ETF

49.65 4.9 Mil
—

First American Treasury Obligs X

0.56 54,576
Cash and Equivalents

Northern US Government Select MMkt

0.11 11,218
Cash and Equivalents

Cash Offset

0.04 4,007
—

Put On S&P 500 May24

0.01 1,086
—

Put On S&P 500 May24

0.01 921
—

Put On S&P 500 May24

0.01 903
—

DEPOSITS WITH BROKER FOR SHORT POSITIONS

−0.01 −1,266
Cash and Equivalents

Put On S&P 500 May24

−0.02 −1,855
—