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NEOS Investments, an asset management firm comprised of leaders and pioneers in the options-based ETF space, announces September monthly distribution amounts fo
NEOS Investments, an asset management firm comprised of leaders and pioneers in the options-based ETF space, announces August monthly distribution amounts for t
WESTPORT, Conn.--(BUSINESS WIRE)--NEOS Investments, an asset management firm comprised of leaders and pioneers in the options-based ETF space, announces May monthly distribution amounts for their suite of ETFs that pursue monthly income and tax efficiency across core portfolio exposures. May 2026 Distribution Information, based on each ETFs Ex-Dividend Date: Distribution Rate* Amount / Share (%) Amount / Share ($) Ex-Dividend Date 30-Day SEC Yield** Boosted Bitcoin High Income ETF (XBCI) 38.8.
NEOS Enhanced Income Credit Select ETF offers a ~8% monthly distribution by layering an S&P 500 index put options strategy over high-yield bond ETFs. HYBI's net yield advantage over its underlying ETFs is only 50-100 bps, largely offset by a much higher 0.68% expense ratio. The fund's value-add is regime-dependent: it outperforms in stable, elevated volatility but lags in credit stress or strong rallies due to option overlay constraints.
Option overlay funds (mostly covered call ETFs) play a critical role in my income-oriented portfolio. Through these vehicles I can enhance my overall portfolio yield and obtain exposure to asset classes that tend to be underrepresented in income portfolios. In this context, NEOS Investments vehicles are my favorites.
NEOS Enhanced Income Credit Select ETF (NASDAQ: HYBI - Get Free Report) was the target of a large growth in short interest during the month of April. As of April 15th, there was short interest totaling 28,118 shares, a growth of 91.1% from the March 31st total of 14,715 shares. Based on an average daily volume
NEOS Enhanced Income Credit Select ETF is rated Hold for income-focused investors seeking alternatives to traditional high-yield credit. HYBI offers an 8.4% forward yield, tax efficiency via 1256 contracts, and professional options management, but lacks long-term public history under NEOS. The ETF provides diversification through three bond ETFs and an options overlay, with a relatively low 0.68% expense ratio.
Shares of NEOS Enhanced Income Credit Select ETF (NASDAQ: HYBI - Get Free Report) were up 0.3% on Thursday. The stock traded as high as $50.52 and last traded at $50.50. Approximately 64,709 shares traded hands during trading, an increase of 269% from the average daily volume of 17,524 shares. The stock had previously closed