Key stats
About NEOS MLP & Energy Infrastructure High Income ETF
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Inception date
Dec 18, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Neos Investment Management LLC
Distributor
Foreside Fund Services LLC
Identifiers
3
ISIN US78433H4855
MLPI is an actively managed ETF that aims to generate high monthly income and capital appreciation by investing its assets in a portfolio of US and Canadian energy infrastructure MLPs and companies included in a narrow based MLP and energy infrastructure index, and implementing a call options strategyprimarily selling one-month FLEX call options on ETFs that invest in MLPs. The option strategy caps upside participation in exchange for current income. MLPs in the portfolio typically operate in activities like transportation, storage, and processing of energy and natural resources. Unlike direct MLP investments, investors in the ETF receive distributions via Form 1099. The option contracts qualify as Section 1256 Contracts, offering favorable tax treatment (60% long-term, 40% short-term capital gains). The Fund may also pursue tax-loss harvesting.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Industrial Services
Utilities
Stocks102.06%
Industrial Services78.19%
Utilities13.56%
Energy Minerals3.79%
Transportation2.68%
Process Industries1.35%
Bonds, Cash & Other−2.06%
Mutual fund0.25%
Cash0.18%
Rights & Warrants−2.49%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MLPI invests in stocks. The fund's major sectors are Industrial Services, with 80.14% stocks, and Utilities, with 13.90% of the basket. The assets are mostly located in the North America region.
MLPI top holdings are Williams Companies, Inc. and Enbridge Inc., occupying 10.50% and 9.54% of the portfolio correspondingly.
MLPI last dividends amounted to 0.66 USD. The month before, the issuer paid 0.65 USD in dividends, which shows a 1.27% increase.
MLPI assets under management is 136.51 M USD. It's risen 403.59% over the last month.
MLPI fund flows account for 131.82 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, MLPI pays dividends to its holders with the dividend yield of 15.04%. The last dividend (Jan 23, 2026) amounted to 0.66 USD. The dividends are paid monthly.
MLPI shares are issued by NEOS Investments LLC under the brand Neos. The ETF was launched on Dec 18, 2025, and its management style is Active.
MLPI expense ratio is 0.68% meaning you'd have to pay 0.68% of your investment to help manage the fund.
MLPI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MLPI invests in stocks.
MLPI price has risen by 3.35% over the last month, and its yearly performance shows a 4.21% increase. See more dynamics on MLPI price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 5.75% over the last month, showed a 5.75% increase in three-month performance and has increased by 5.75% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 5.75% over the last month, showed a 5.75% increase in three-month performance and has increased by 5.75% in a year.
MLPI trades at a premium (0.40%) meaning the ETF is trading at a higher price than the calculated NAV.