NEOS Gold High Income ETF
IAUI
Chicago Board Options Exchange- -
USD
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Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 15601 Dallas Parkway, Suite 510 Addison TX United States of America 75001
- IPO Date
- Jun 5, 2025
- Website
- neosfunds.com
- Similar Companies
- Business
- NEOS Gold High Income ETF (IAUI) is an actively managed exchange-traded fund that seeks to generate high monthly income with potential for appreciation based on exposure to gold through exchange-traded products (ETPs). The fund invests up to 25% of its assets in physically backed gold ETPs, such as Goldman Sachs Physical Gold ETF (AAAU), while employing an active options overlay strategy that includes buying call options, selling put options, and writing covered calls on gold ETPs to capture option premiums; distributions are primarily classified as return of capital (90% as of the most recent payout), with a distribution rate of 12.53%, 30-day SEC yield of 2.15%, and an expense ratio of 0.78%. Launched on June 5, 2025, and listed on the Cboe BZX Exchange with net assets of approximately $243 million as of December 16, 2025, IAUI serves investors seeking gold's defensive characteristics, inflation protection, and economic uncertainty hedging alongside enhanced income in a single ETF vehicle. Headquartered in Chicago through its investment manager NEOS Investments LLC, founded by options-based ETF pioneers, the fund targets individual and institutional investors across the United States within the commodities and options income segments. In December 2024, NEOS Investments announced a strategic investment from Aretex Capital Partners along with ETF industry expert Tom Lydon, enhancing its growth and product innovation capabilities; the firm has since expanded its suite of high-income ETFs, including recent launches like SPYH (April 2025), IYRI (January 2025), and others in bitcoin, ethereum, and international equities.