Investors Flock to SPYI's 12% Distribution Rate
Portfolio Pulse from
The NEOS S&P 500 High Income ETF (SPYI) is attracting investors due to its options-based income strategy, boasting over $2.3 billion in assets under management and a distribution rate exceeding 12%.
November 21, 2024 | 2:45 am
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The NEOS S&P 500 High Income ETF (SPYI) is gaining popularity due to its high distribution rate of over 12% and significant assets under management, totaling over $2.3 billion.
The high distribution rate and significant AUM indicate strong investor interest and confidence in SPYI's options-based income strategy. This is likely to positively impact SPYI's short-term price as more investors flock to the ETF.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100