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IAUI

48.37200 USD
0.908
1.84%
Last update Jun 27, 3:58 PM EDT
Market closed
Day range
48.24600
48.57000
Previous close
49.28000
Open
48.45000
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Neos Gold High Income ETF
48.37
0.91
1.84%

Overview

Description

The Neos Gold High Income ETF is an exchange-traded fund that seeks to deliver high monthly income while providing investors with exposure to the performance and defensive characteristics of gold. The fund employs a unique hybrid strategy that blends investments in physically backed gold exchange-traded products with an active options overlay. Specifically, it allocates up to 25% of assets to physical gold ETPs, while generating income by buying call options and selling put options on gold ETPs, as well as writing covered calls to capture option premiums. This approach aims to allow the fund to track gold price movements closely but with a higher income potential than traditional gold funds. By combining gold’s status as a safe-haven and inflation hedge with a sophisticated options strategy, the Neos Gold High Income ETF offers investors an alternative to conventional fixed income or equity income vehicles while seeking portfolio diversification, risk mitigation, and tax efficiency. The fund distributes income monthly, positioning it as a potential complement or alternative to existing gold allocations for those seeking both stability and yield in uncertain markets.

About

Address
Phone
9144435008
Website
Instrument type
ETF
Country
United States
MIC code
BATS
Market closed

Exchange is currently closed (non-working day)
Pre-market opens in 1 day 43 minutes

03:16
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).