SPYI Sails Past $1.5 Billion AUM

Vettafi06-27

In a market of muddled sentiment, the NEOS S&P 500 High Income ETF (SPYI A) continues to prove popular with investors. The fund recently crossed over $1.5 billion in AUM with ongoing, consistent ...

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The fund recently crossed over $1.5 billion in AUM with ongoing, consistent ...</p>\n\n<a href=\"https://etfdb.com/monthly-income-channel/spyi-moves-past-15-billion-aum/\">Source Link</a>\n\n</div>\n","source":"etfdb_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SPYI Sails Past $1.5 Billion AUM</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSPYI Sails Past $1.5 Billion AUM\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-27 08:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://etfdb.com/monthly-income-channel/spyi-moves-past-15-billion-aum/><strong>Vettafi</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In a market of muddled sentiment, the NEOS S&P 500 High Income ETF (SPYI A) continues to prove popular with investors. The fund recently crossed over $1.5 billion in AUM with ongoing, consistent ...</p>\n\n<a href=\"https://etfdb.com/monthly-income-channel/spyi-moves-past-15-billion-aum/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SSO","symbol_name":"两倍做多标普500ETF","start_time":0,"source_url":"https://etfdb.com/monthly-income-channel/spyi-moves-past-15-billion-aum/","article_id":"2446551154","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2446551154","pubTimestamp":1719446400,"sourceInfo":{"source_id":"etfdb_highlight","name":"Vettafi"},"weMediaInfo":null,"summary":"In a market of muddled sentiment, the NEOS S&P 500 High Income ETF  continues to prove popular with investors. The fund recently crossed over $1.5 billion in AUM with ongoing, consistent inflows.SPYI capitalizes on broad equity exposure by offering both high income potential and tax efficiency. The ETF seeks to provide exposure to the S&P 500 while generating high monthly income for investors through call options.With a distribution yield of 12.11% as of 5/31/24, the fund remains an attractive option for investors in a challenging macro environment. Distribution yield is calculated by annualizing the last distribution and dividing it by the fund’s most recent NAV at the time of distribution.SPYI uses money earned from written calls to buy long, out-of-the-money call options on the S&P 500 Index. An out-of-the-money call option has no intrinsic value. That’s because the current price of the underlying asset is below the strike price of the call. Should equities rise or fall, NEOS can ac","collect":0,"end_time":0,"defaultTopTitle":"etfdb.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SSO":"两倍做多标普500ETF","OEF":"标普100指数ETF-iShares","SPXU":"三倍做空标普500ETF","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","OEX":"标普100",".SPX":"S&P 500 Index","FDN":"First Trust Dow Jones Internet I","VOO":"Vanguard标普500ETF","SPY":"标普500ETF","BK4559":"巴菲特持仓","BK4588":"碎股","BK4550":"红杉资本持仓","UPRO":"三倍做多标普500ETF","SPYI":"NEOS S&P 500 High Income ETF","BK4581":"高盛持仓","IVV":"标普500指数ETF","SDS":"两倍做空标普500ETF","BK4504":"桥水持仓","IWMI":"NEOS Russell 2000 High Income ETF","SH":"标普500反向ETF"},"translate_title":"SPYI资产管理规模突破15亿美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SPYI":1,"IWMI":1,"FDN":0.9,"VOO":0.74,"SPY":0.74,"OEX":0.6,".SPX":0.6,"UPRO":0.6,"SSO":0.6,"SPXU":0.6,"SH":0.6,"SDS":0.6,"OEF":0.6,"IVV":0.6,"ESmain":0.6},"content_text":"In a market of muddled sentiment, the NEOS S&P 500 High Income ETF (SPYI A) continues to prove popular with investors. The fund recently crossed over $1.5 billion in AUM with ongoing, consistent inflows.\n\n\n\nSPYI capitalizes on broad equity exposure by offering both high income potential and tax efficiency. The ETF seeks to provide exposure to the S&P 500 while generating high monthly income for investors through call options.\nWith a distribution yield of 12.11% as of 5/31/24, the fund remains an attractive option for investors in a challenging macro environment. Distribution yield is calculated by annualizing the last distribution and dividing it by the fund’s most recent NAV at the time of distribution.\nSee also: Looking for an Equity Alternative? Consider Covered Call ETFs\n\n\n\n\nSPYI: A Look Under the Hood\n\nSPYI uses money earned from written calls to buy long, out-of-the-money call options on the S&P 500 Index. An out-of-the-money call option has no intrinsic value. That’s because the current price of the underlying asset is below the strike price of the call. Should equities rise or fall, NEOS can actively manage the call options to capture gains in the underlying assets or minimize losses.\nThe options that the fund uses are index options, taxed favorably as Section 1256 Contracts under IRS rules. Options held at year’s end are treated as if sold at fair market value on the last market day. Any capital gains or losses are taxed as 60% long term and 40% short term, no matter how long investors hold them. This can offer noteworthy tax advantages.\nSPYI’s managers also engage in tax-loss harvesting opportunities throughout the year on the call options, equity holdings, or both.\nSince SPYI’s launch in August 2022, NEOS Investments expanded the tax-efficient income strategy to cover several core asset classes. Within equities, NEOS also offers the NEOS Nasdaq-100 High Income ETF (QQQI ) as well as the recently launched Russell 2000 High Income ETF (IWMI).\nFor those investors looking to enhance cash positions, the NEOS Enhanced Income 1-3 Month T-Bill ETF (CSHI ) offers opportunity. The firm also offers the NEOS Enhanced Income Aggregate Bond ETF (BNDI A-) for fixed income investors.\nSPYI has an expense ratio of 0.68%.\n\n\n\n\n\n\n\n\nContent continues below advertisement\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nFor more news, information, and analysis, visit the Tax Efficient Income Channel.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2446551154"}