NEOS Enhanced Income Credit Select ETF

Frequently Asked Questions About HYBI

What does HYBI invest in?

The NEOS Enhanced Income Credit Select ETF (HYBI) aims to deliver a comprehensive total return by generating consistent income and fostering capital appreciation. A key feature of this strategy is the provision of tax-advantaged monthly distributions.

What is the expense ratio of HYBI?

NEOS Enhanced Income Credit Select ETF (HYBI) charges an expense ratio of 0.72%. This is the annual fee deducted from fund assets to cover management and operations.

What is HYBI's dividend yield?

HYBI's trailing-twelve-month yield is 8.34%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of HYBI?

Effective duration measures HYBI's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. HYBI's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of HYBI?

HYBI's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of HYBI?

Yield to maturity (YTM) is the total return you'd earn from HYBI if every bond in the portfolio is held to maturity at the current price. HYBI's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.