NEOS Enhanced Income 1-3 Month T-Bill ETF
Key Statistics
Historical Performance
Total return including reinvested distributions, from adjusted closing prices.
Price History
Price history is being compiled for this fund.
Top Holdings
Top 23 holdings as of Mar 31, 2026 · source: SEC N-PORT. Full holdings & prospectus →
About CSHI
NEOSEnhanced Income 1-3 Month T-Bill ETF (formerly called the NEOS Enhanced Income Cash Alternative ETF from inception to January12, 2024) is an actively-managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by (i)investing in 1-3 month T-Bills or in ETFs with substantial exposure to 1-3 month T-Bills (collectively, the “UnderlyingInvestments”) and (ii) selling and purchasing S&P 500® Index put options (“SPX put options”) to generateincome to the Fund beyond what is received from the Underlying Investments. TheFund’s option strategy seeks to generate monthly income for the Fund in addition to the yield it receives from the UnderlyingInvestments. The options strategy utilizes a “put spread” consisting of the sale of exchange listed put options (“ShortPuts”) with a notional value up to 100% of the Fund’s net assets and the purchase of put options (“Long Puts”).The Fund’s adviser, NEOS Investment Management, LLC (the “Adviser”) may actively manage the written and purchasedSPX put options prior to expiration to potentially capture gains and minimize losses due to the movement of the S&P 500®Index. The SPX options strategy is intended to generate high monthly income in a tax efficient manner. The Fund seeks tax efficientreturns by utilizing index options that receive favorable tax treatment under Internal Revenue Code rules because they qualifyas “Section 1256 Contracts.” Under these rules, each section 1256 contract held by the Fund at year end is treatedas if it were sold at fair market value on the last business day of the tax year. If the Section 1256 contracts produce capitalgain or loss, gains or losses on the Section 1256 contracts open at the end of the year, or terminated during the year, are treatedas 60% long term and 40% short term, regardless of how long the contracts were held. In addition, the Fund may seek to take advantageof tax loss harvesting opportunities by taking investment losses from certain equity and/or options positions to offset realizedtaxable gains of equities and/or options. Opportunistically, the Fund may seek to take advantage of tax loss harvesting opportunitieson the SPX put options. TheFund focuses primarily on SPX put options which offer both European settlement (i.e., options can only be exercised at their expirationdate) and cash settlement (i.e., options carry an obligation by their seller to pay the difference between their strike priceand their settlement value instead of allowing the seller to take delivery of securities). TheFund invests under normal circumstances at least 80% of its assets in 1-3 month T-Bills, which may be represented by ETFs thatinvest 80% or more of their assets in US 1-3 month T-Bills, and forwards, options, futures contracts or swap agreements relatedto such bills. For purposes of the 80% policy, the value of such options, futures contracts and swap agreements shall bedetermined on a daily mark-to-market basis. TheFund’s options strategy is designed to seek to generate a positive return in rising and flat equity markets and may generatea positive return in equity markets that are modestly declining, assuming the net premium collected from the options sold andpurchased exceeds the net cost to close the positions. Theaverage portfolio duration of the Fund will vary based on the Adviser’s market forecasts and is expected to be 1-3months.Duration is a measure used to determine the sensitivity of a security’s price to changes in interest rates. The longer asecurity’s duration, the more sensitive it will be to changes in interest rates. TheFund may engage in active and frequent trading of portfolio securities in implementing its principal investment strategies.
CSHI News
- Goldman Sachs Is Buying Into High Income ETFs, but What Are Nasdaq Investors Giving Up for Those Payouts?
- Goldman Sachs Is Buying Into High Income ETFs, but What Are Nasdaq Investors Giving Up for Those Payouts?
- Avoiding Lag: Real-Time Signals in (CSHI) Movement
- Compass Financial Management LLC Acquires Shares of 11,271 NEOS Enhanced Income 1-3 Month T-Bill ETF $CSHI
- These 3 ETFs Yield Up to 12 Percent and the IRS Barely Touches the Payouts
- These 3 ETFs Yield Up to 12 Percent and the IRS Barely Touches the Payouts
- NEOS Enhanced Income 1-3 Month T-Bill ETF (NYSEARCA:CSHI) Trading Down 0.4% – Here’s What Happened
- Discipline and Rules-Based Execution in CSHI Response
- Money Markets Pay 3.8% and Inflation Is 4.2%. This Monthly Payer Gets You to 5%
- Behavioral Patterns of CSHI and Institutional Flows
- How to Create Warren Buffett’s 90/10 Portfolio, But With an 11% Yield
- (CSHI) Movement Within Algorithmic Entry Frameworks
Data for CSHI is aggregated from third-party providers (Tiingo, Nasdaq, Finnhub) and SEC filings, may be delayed at least 20 minutes, and may be incomplete or contain errors. Nothing here is investment advice. Verify with the official prospectus before investing.