NLSINeos Long/Short Equity Income ETF

Grow my money Get incomeNewRanked #1,576 of 1,622 in this goal

Seeks to generate high monthly income with the potential for equity appreciation.

By Neos Funds · Launched 2025

Annual Cost

2.89%

#5,536 of 5,562 · expensive

Fund Size

$2M

#5,331 of 5,562 · small

Return (1Y)Goal

N/A

Track Record

6 months

#5,063 of 5,562 · young

Performance

Total-return NAV · USD

Growth of $10,000

$10,089+0.9%

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

Classification

How Beacon categorizes this fund

Asset class

Alternative

Region

North america

Strategy

Long short

What it actually holds

By weight

Concentration

Top 10 holdings = 53.3% of fundmoderately concentrated

United States Treasury Bill

16.4%

Micron Technology Inc

4.4%

Newmont Corp

4.2%

Airbnb Inc

4.2%

Centene Corp

4.1%

Regeneron Pharmaceuticals Inc

4.1%

General Motors Co

4.1%

Capital One Financial Corp

4.0%

Equity Residential

3.9%

Invitation Homes Inc

3.9%

Asset allocation

Stocks

70.8%

Other

29.1%

Cash

0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

N/A

Max drawdown

-13.8%Mild

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange: Cboe BZX, NYSE American

Full fund details

Objective: Seeks to generate high monthly income with the potential for equity appreciation.
Strategy: Employs an actively managed long/short equity strategy, taking long and short positions in mid- and large-cap U.S. equities while utilizing options to generate high monthly income. The long portfolio consists of approximately 30 equities selected for expected returns, while the short portfolio includes about 30 equities with poor expected performance. The Fund maintains gross exposure of at least 80%, typically 120% long and 55% short, and rebalances weekly.
Inception date: December 9, 2025
Fund family: Neos Funds