MLPI (MLP & Energy Infrastructure High Income ETF) is a recent IPO.
It began trading on December 18, 2025, giving it less than a year of public history. Many charts and metrics below are sparse or empty until more price, financial, and analyst history accumulates — the affected sections are flagged individually so you can tell limited history from missing data.

See exactly how MLPI's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.
The same diagram the Chart Builder draws, right on the Summary tab. Upgrade to unlock it for MLPI and 80,000+ other tickers.
The NEOS MLP & Energy Infrastructure High Income ETF is structured to provide investors with significant monthly payouts, optimized for tax efficiency, while also pursuing opportunities for capital appreciation.

Iran tensions keep oil elevated, boosting the appeal of high-yield MLP ETFs. AMZA, AMLP and MLPI offer income with resilient midstream exposure.

The Dividend Harvesting Portfolio has grown to $39,685.82 from $27,900 invested, now generating $3,136.31 in forward annualized dividend income. I continue to prioritize rate-sensitive sectors, adding to NEOS MLP & Energy Infrastructure High Income ETF (MLPI) and Starwood Property Trust (STWD) for high yields and future growth. Dividend income growth remains robust, with 2026 income already at 62.53% of 2025's total after just 27 weeks, driven by reinvestment and sector diversification.

MLPI takes a hybrid approach to investing in North American energy infrastructure.

NEOS' MLP & Energy Infrastructure High Income ETF offers a near 15% yield with monthly, tax-efficient distributions and no K-1, targeting income-focused investors. MLPI combines MLPs and energy infrastructure C-corps with a covered call overlay, balancing high income and some growth potential, though capping upside versus pure-play peers. MLPI's short track record and covered call strategy introduce risks of NAV erosion and underperformance in prolonged bear markets or severe pullbacks.

NEOS MLP & Energy Infrastructure High-Income ETF remains a Buy, with its option strategy and portfolio stability validated over recent months. MLPI's option overwrite increased to ~66%, enhancing income generation for a flatter, macro-pressured regime while maintaining upside capture. Distributions have remained stable ($0.65–0.71), with ~89% classified as ROC, providing tax efficiency and supporting the income-led thesis.