NEOS Nasdaq-100 High Income ETF
QQQI
NASDAQ Global Market- -
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
- Jan 30, 2024
- Website
- neosfunds.com
- Similar Companies
- Business
- NEOS NASDAQ-100(R) High Income ETF (QQQI) is an actively managed exchange-traded fund that seeks to generate high monthly income in a tax-efficient manner with potential for equity appreciation through investments in a portfolio replicating the Nasdaq-100 Index and a call options strategy involving primarily written NDX call options, supplemented by purchased out-of-the-money call options to enable upside participation; it distributes income from option premiums, dividends, capital gains, and interest payments, with recent distributions classified predominantly as return of capital for tax efficiency under Section 1256 contracts offering 60/40 long-term/short-term capital gains treatment. The fund holds the Nasdaq-100 Index's approximately 100 largest non-financial companies listed on Nasdaq, weighted by market capitalization and concentrated in information technology and mega-cap growth stocks such as NVIDIA Corp, Apple Inc, Microsoft Corp, Broadcom Inc, and Amazon.com Inc; top 10 holdings typically represent over 50% of assets, with replication or representative sampling strategies employed, alongside active management of options positions using a proprietary rules-based model to optimize premiums and tax-loss harvesting opportunities. Launched on January 30, 2024, and listed on Nasdaq with a gross expense ratio of 0.68%, QQQI targets income-focused investors seeking lower volatility and high yields (recent 12-month trailing distribution rate around 13-14%) alongside Nasdaq-100 exposure; NEOS Investment Management, LLC serves as adviser with portfolio managers Garrett Paolella and Troy Cates, headquartered in the United States with operations focused on domestic developed market equities. In December 2024, the fund's sponsor NEOS Investments announced a strategic investment from Aretex Capital Partners along with ETF industry figures including Tom Lydon, enhancing growth and distribution capabilities; QQQI received the "Best New Active ETF" award at the 2025 ETF.com Awards, reflecting strong market reception since inception, with assets under management surpassing $6.8 billion as of late 2025 amid robust inflows and performance outperforming certain buy-write benchmarks.