HYBINEOS Enhanced Income Credit Select ETF

Get income1y track recordRanked #973 of 1,706 in this goal

Seeks total return from income and capital appreciation while providing a tax efficient monthly income.

By Neos Funds · Launched 2024

Annual Cost

0.68%

#3,674 of 6,040 · average

Fund Size

$223M

#2,363 of 6,040 · mid-size

Return (1Y)

+3.3%

Track Record

1 year

#3,768 of 6,040 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,341+3.4%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Region

North america

Strategy

Option income

Holdings

By weight

Concentration

Top 9 holdings = 100.0% of funddiversified through underlying funds

United States Treasury Bill

93.7%

First American Treasury Obliga

6.3%

Northern US Government Money M

0.1%

N/ASPXW 4 P5900

0.0%

N/ASPXW 4 P5875

0.0%

N/ASPXW 4 P5800

0.0%

N/ASPXW 4 P6050

-0.0%

N/ASPXW 4 P6125

-0.1%

N/ASPXW 4 P6175

-0.1%

Asset allocation

Bonds

94.3%

Cash

5.7%

Preferred

0.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

3.3%Low

Year-on-year price swings

Max drawdown

-4.7%Mild

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Listing

Exchange: NASDAQ Global Select Market

Full fund details

Objective: Seeks total return from income and capital appreciation while providing a tax efficient monthly income.
Strategy: Actively manages a portfolio primarily invested in U.S. high-yield and investment grade debt securities, utilizing S&P 500® Index put options to generate additional income. Aims for total return while focusing on tax efficiency.
Inception date: September 27, 2024
Fund family: Neos Funds