TLTI

NEOS Enhanced Income 20+ Year Treasury Bond ETF

$47.04

+0.00%

Market closed. Last update: 10:55 PM ET

📎 Investment Objective

The NEOS Enhanced Income 20+ Year Treasury Bond ETF (TLTI) seeks to provide high current income by investing primarily in long-term U.S. Treasury bonds.

Overview

ETF tracking NEOS Enhanced Income 20+ Year Treasury Bond ETF

Category Fixed Income

Issuer Other

Inception Date 2024-12-11

Market Cap $4.7M

Average Volume N/A

Dividend Yield 5.21%

52-Week Range $44.46 - $49.56

VWAP $47.13

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The NEOS Enhanced Income 20+ Year Treasury Bond ETF (TLTI) seeks to provide high current income by investing primarily in long-term U.S. Treasury bonds.

🎯 Investment Strategy

The fund aims to achieve its objective by investing at least 80% of its assets in U.S. Treasury bonds with maturities of 20 years or more. The fund may also utilize various income-enhancing strategies, such as options writing, to generate additional yield.

✨ Key Features

Focuses on long-duration U.S. Treasury bonds for high current income
Employs income-enhancing strategies to potentially boost yield
Expense ratio of 0.00%
Relatively new fund with limited performance history

⚠️ Primary Risks

Interest rate risk: The fund's long-duration bond holdings are sensitive to changes in interest rates
Reinvestment risk: Income generated by the fund may need to be reinvested at lower yields as interest rates change
Liquidity risk: The market for long-term Treasury bonds may be less liquid than shorter-term bonds
Limited track record: The fund's short history makes it difficult to evaluate long-term performance

👤 Best For

The NEOS Enhanced Income 20+ Year Treasury Bond ETF may be suitable for investors seeking high current income and willing to accept the risks associated with long-duration Treasury bonds. It may be most appropriate as a component of a diversified fixed-income portfolio.