NEOS Nasdaq-100 High Income ETF

Frequently Asked Questions About QQQI

What does QQQI invest in?

The NEOS Nasdaq-100 High Income ETF (QQQI) is engineered to provide investors with attractive monthly income. This fund prioritizes tax efficiency while also offering the potential for its underlying equity value to grow.

What is the expense ratio of QQQI?

NEOS Nasdaq-100 High Income ETF (QQQI) charges an expense ratio of 0.68%. This is the annual fee deducted from fund assets to cover management and operations.

What is QQQI's distribution yield?

QQQI's trailing-twelve-month yield is 13.83%, calculated from the sum of distributions over the past year divided by the current price.

How does QQQI's covered-call strategy work?

QQQI sells call options against the stocks (or index) it holds, collecting premium income that gets passed through to shareholders as distributions. The strategy generates above-market income in flat or rising markets but caps upside — when the underlying rallies past the strike, the gains above the strike go to the option buyer, not the fund.

How big is QQQI?

NEOS Nasdaq-100 High Income ETF (QQQI) manages $13.92B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is QQQI actively managed or an index fund?

QQQI's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.