NEOS Russell 2000 High Income ETF (IWMI) is an exchange-traded fund in the Derivative Income category. It has $1.24B in assets, an expense ratio of 0.68% and a 4.33% dividend yield. The fund is an actively-managed ETF that seeks to achieve its investment objective by (i) investing in one or more ETFs that seeks to track the Russell 2000® Index, a portfolio of stocks that make up the Russell 2000® Index, or a combination thereof; and (ii) utilizing a call options strategy to provide high monthly income, which primarily consists of writing (selling) call options on the Russell 2000®.
Assets under management
$1.24B
Expense ratio
0.68%
Category
Derivative Income
Dividend yield
4.33%
NAV
$50.01
Fund family
Neos Funds
Exchange
BATS
Top holdings
The largest positions NEOS Russell 2000 High Income ETF reports, by weight.