MLPINeos Mlp & Energy Infrastructure High Income ETF
Seeks to generate high monthly income in a tax efficient manner with potential for equity appreciation.
By Neos Funds · Launched 2025
0.68%
#3,411 of 5,562 · average
$628M
#1,400 of 5,562 · large
—
6 months
#5,118 of 5,562 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
Classification
How Beacon categorizes this fundAsset class
AlternativeRegion
North americaStrategy
Option income
Focus
MLP, Real Assets
Index tracked
MerQube North America MLP & Energy Infrastructure Index
What it actually holds
By weightConcentration
Top 10 holdings = 62.5% of fundconcentrated
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsWorst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Where to buy
Listing
- Exchange
- NYSE Arca, Cboe BZX
Full fund details
- Objective
- Seeks to generate high monthly income in a tax efficient manner with potential for equity appreciation.
- Strategy
- Invests primarily in energy infrastructure MLPs and companies from the MerQube North America MLP & Energy Infrastructure Index. Utilizes a call options strategy to generate income, primarily by writing call options on MLP ETFs.
- Inception date
- December 17, 2025
- Fund family
- Neos Funds
Similar ETFs
Closest matches by profileOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Covered call ETF — yield ≠ total return
The high distribution yield is not free income — it comes from selling upside via call options. Research finds these strategies systematically underperform their underlying index over full cycles, typically by 100–300 basis points per year depending on the option-overlay design. The monthly distributions make the shortfall hard to see in return summaries.
Source: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)
Why we flagged this: strategy=option_income + option_income_strategy
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-06-19