Key stats
About NEOS Enhanced Income Cash Alternative ETF
Expense ratio
0.38%
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Inception date
Aug 30, 2022
CSHI is not a cash alternative. The fund seeks to generate monthly income in a tax efficient manner by investing in ETFs or individual securities aimed to provide exposure to US short-term Treasury bills with a typical duration of less than 90 days. The fund may also invest in forwards, options, futures contracts or swap agreements related to such bills. This fund also utilizes a put spread strategy by selling and purchasing S&P 500 Index put option futures, which seeks to generate additional income. The fund may engage in active and frequent trading of portfolio securities. Before January 12, 2024, the fund was named NEOS Enhanced Income Cash Alternative ETF.
Classification
What's in the fund
Exposure type
Government
Bonds, Cash & Other100.00%
Government99.30%
Mutual fund8.38%
Rights & Warrants−0.01%
Cash−7.67%