peshkov
Neos S&P 500(R) High Income ETF (BATS:SPYI) is an interesting take on a covered call S&P 500 income fund. While less than three years old, in that time the fund has had total returns fairly close to the S&P
SPYI: An Ideal Options Income Fund
Summary
- SPYI offers high income yields with much of the S&P 500's upside, outperforming traditional covered call ETFs like XYLD.
- The fund's actively managed options strategy allows for greater flexibility and potential upside compared to passive buy-write approaches.
- SPYI has delivered consistent, growing monthly distributions, resulting in attractive double-digit yields on cost for investors.
- Despite equity market risks, SPYI's blend of income and growth makes it a compelling Buy for income-focused investors seeking equity exposure.
I analyze securities based on value investing, an owner's mindset, and a long-term horizon. I don't write sell articles as those are considered short theses, and I never recommend shorting.Former advisory representative at Fidelity. I do my own investing now and share my research here.
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