NEOS Enhanced Income 20+ Year Treasury Bond ETF

Frequently Asked Questions About TLTI

What does TLTI invest in?

This investment vehicle, officially known as the NEOS Enhanced Income 20+ Year Treasury Bond ETF (or "the Fund"), aims to deliver regular monthly income to its investors, doing so in a way that prioritizes tax efficiency.

What is the expense ratio of TLTI?

NEOS Enhanced Income 20+ Year Treasury Bond ETF (TLTI) charges an expense ratio of 0.58%. This is the annual fee deducted from fund assets to cover management and operations.

What is TLTI's dividend yield?

TLTI's trailing-twelve-month yield is 6.35%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of TLTI?

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

What is the credit quality of TLTI?

TLTI'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 TLTI?

Yield to maturity (YTM) is the total return you'd earn from TLTI if every bond in the portfolio is held to maturity at the current price. TLTI'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.