
The NEOS Gold High Income ETF, referred to as "the Fund," is designed with a dual objective: to provide investors with substantial monthly income while also offering the potential for capital appreciation. It achieves these goals by strategically allocating its assets to various exchange-traded products (ETPs) that maintain direct holdings in gold.
Is IAUI's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

The NEOS Gold High Income ETF offers high monthly income via a partial call-writing strategy, with a current distribution yield of 11.98%. IAUI provides some downside protection relative to gold but caps upside during rallies; its dynamic overwrite strategy helps support its monthly payout. Despite recent pressure from gold's decline, IAUI has grown to $650 million AUM and remains attractive for income-focused, conservative investors.

In 2026, surging global bond yields — including here in the U.S. — are acting as significant headwinds to the gold investing thesis. But all things considered, the 3.74% year-to-date loss sported by the largest gold-backed ETF isn't terrible.

Gold produces no dividends, no coupons, and no rent, yet one ETF claims to squeeze nearly 12% in monthly income out of it.

NEOS Investments, an asset management firm comprised of leaders and pioneers in the options-based ETF space, announces September monthly distribution amounts fo

As gold trades more than 20% below its late-January intraday record, many of the macro conditions that fueled its multi-year rally remain in place. For investors who still see a long-term case for the precious metal, however, one drawback remains unchanged: gold itself doesn't generate income.