NEOS Boosted Nasdaq-100 High Income ETF XQQI
Strategy
The investment seeks to boost performance by generating high monthly income in a tax efficient manner with the potential for enhanced equity appreciation in rising markets. The fund is an actively-managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investing in a portfolio of stocks that make up the Nasdaq-100® Index (the “Nasdaq-100®” or the “Reference Index”) and utilizing a call options strategy to provide high monthly income, which primarily consists of written (sold) call options on the Reference Index (“NDX® call options”).
Ticker | Name | Share Class Type | Investment Status | Morningstar Rating for Funds Overall | Medalist Rating Overall | Inception Date | Total Net Assets for Share Class | Adjusted Expense Ratio | Fee Level Distribution | Minimum Initial Investment | 1-Year Net Flow |
|---|---|---|---|---|---|---|---|---|---|---|---|
XQQI | NEOS Boosted Nasdaq-100 High Income ETF | ETF | Open | — | — | $424.75M | 0.980% | — | — | — |