Skip to content
Beacon

MLPINeos Mlp & Energy Infrastructure High Income ETF

Get income#769 of 1640 for Get income

Seeks to generate high monthly income in a tax efficient manner with potential for equity appreciation.

Neos Funds · Since 2025 (5 months)

Annual Cost

0.68%

#3230 out of 5,332 ETFs

Fund Size

$481M

#1451 out of 5,332 ETFs

Dividend Yield

Track Record

5 months

#5089 out of 5,332 ETFs

Performance

1 Year

N/A

3 Years

N/A

5 Years

N/A

What's inside

Asset class
Strategy
option income
Sector
Focus
MLPReal Assets

Asset allocation

Stocks
97.4%
Cash
2.1%
Other
0.5%

Sector breakdown

Energy
94.4%
Utilities
5.6%

Top holdings

Enbridge IncENB.TO9.4%
Williams Companies IncWMB9.4%
TC Energy CorpTRP.TO6.2%
Kinder Morgan Inc Class PKMI6.0%
Pembina Pipeline CorpPPL.TO5.6%
Cheniere Energy IncLNG5.3%
Targa Resources CorpTRGP4.8%
ONEOK IncOKE4.7%
Energy Transfer LPET4.3%
Enterprise Products Partners LPEPD4.2%

Risk profile

Volatility (1Y)

N/A

Max drawdown

-4.6%

Worst peak-to-trough loss

Sharpe (3Y)

N/A

Sortino (3Y)

N/A

Similar ETFs

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Covered call
Warning

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

Data updated on 2026-05-05