BNDI

NEOS Enhanced Income Aggregate Bond ETF

$47.70

+0.00%

Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The NEOS Enhanced Income Aggregate Bond ETF (BNDI) seeks to provide current income and capital preservation by investing in a diversified portfolio of investment-grade fixed income securities.

Overview

ETF tracking NEOS Enhanced Income Aggregate Bond ETF

Category Fixed Income

Issuer Other

Inception Date 2022-08-30

Market Cap $105.4M

Average Volume N/A

Dividend Yield 4.72%

52-Week Range $45.66 - $48.30

VWAP $47.72

Performance

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Investment Summary

📎 Investment Objective

The NEOS Enhanced Income Aggregate Bond ETF (BNDI) seeks to provide current income and capital preservation by investing in a diversified portfolio of investment-grade fixed income securities.

🎯 Investment Strategy

The ETF aims to achieve its objective by investing primarily in a broad range of investment-grade bonds, including U.S. Treasuries, corporate bonds, and mortgage-backed securities. The fund's portfolio is actively managed to enhance income generation while maintaining a focus on risk management and capital preservation.

✨ Key Features

Broad exposure to the investment-grade fixed income market
Active management approach to optimize income generation
Emphasis on risk management and capital preservation
Low expense ratio of 0.00%

⚠️ Primary Risks

Interest rate risk: The value of the fund's holdings may decline as interest rates rise
Credit risk: The fund is exposed to the risk of default or downgrade of the underlying bonds
Liquidity risk: Some of the fund's holdings may be less liquid, which could impact the fund's ability to sell them at favorable prices
Reinvestment risk: As bonds mature, the fund may need to reinvest the proceeds at lower interest rates

👤 Best For

The NEOS Enhanced Income Aggregate Bond ETF may be suitable for investors seeking current income and capital preservation, with a moderate risk tolerance. It can be a core fixed income holding in a diversified portfolio or a complement to other bond investments.