CSHI

NEOS Enhanced Income 1-3 Month T-Bill ETF

$49.83

+0.00%

Market closed. Last update: 11:40 PM ET

📎 Investment Objective

The NEOS Enhanced Income 1-3 Month T-Bill ETF (CSHI) seeks to provide current income while maintaining a low-risk profile by investing in short-term U.S. Treasury bills.

Overview

ETF tracking NEOS Enhanced Income 1-3 Month T-Bill ETF

Category Treasury

Issuer Other

Inception Date 2022-08-30

Market Cap $639.8M

Average Volume N/A

Dividend Yield 4.29%

52-Week Range $48.87 - $50.01

VWAP $49.82

Performance

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Investment Summary

📎 Investment Objective

The NEOS Enhanced Income 1-3 Month T-Bill ETF (CSHI) seeks to provide current income while maintaining a low-risk profile by investing in short-term U.S. Treasury bills.

🎯 Investment Strategy

The fund invests primarily in U.S. Treasury bills with maturities of 1-3 months. The portfolio is actively managed to take advantage of changes in the yield curve and interest rate environment, with the goal of generating higher income than a passive T-bill fund.

✨ Key Features

Focuses on ultra-short duration U.S. Treasuries for low-risk income generation
Actively managed to potentially enhance yield compared to a passive T-bill fund
Expense ratio of 0.00%, making it one of the lowest cost options in the short-term Treasury category
Very small asset base of $0 as of the latest reporting period

⚠️ Primary Risks

Interest rate risk, as the value of the fund's holdings may decline when interest rates rise
Credit risk, although U.S. Treasuries are considered very low-risk
Limited track record, as the fund has not yet reported 1-year, 3-year or 5-year performance
Potential for lower returns compared to longer-duration bond funds in a falling interest rate environment

👤 Best For

The NEOS Enhanced Income 1-3 Month T-Bill ETF may be suitable for conservative investors seeking current income and capital preservation, particularly those with a short-term investment horizon who are willing to accept the tradeoff of lower yields in exchange for very low risk.