NEOS S&P 500 High Income ETF (SPYI)

sp-500 options-income monthly-dividends active-management low-volatility

Income-focused allocations often sacrifice capital appreciation, yet this fund seeks a harmonious balance by layering a covered call strategy atop the broad S&P 500 index. By utilizing cash-settled index options rather than standard ETF contracts, it offers a tax-efficient mechanism for harvesting volatility premiums while maintaining core equity exposure. The objective is to smooth the jagged edges of market returns through monthly payouts, creating a defensive posture that remains engaged with the broader economy.