(CSHI) NEOS Enhanced Income 1-3 - NYSE
ETF Category: Ultrashort Bond | Exchange: NYSE (USA) | Market Cap: 1.330m USD | Total Return: 5.2% in 12m
Avg Turnover: 29.4M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The NEOS Enhanced Income 1-3 Month T-Bill ETF (CSHI) is an actively managed fund designed to generate income through a dual-asset strategy. The fund primarily holds U.S. Treasury bills with maturities between one and three months or invests in other ETFs with similar short-term government debt exposure. To augment yields beyond standard interest payments, the fund employs an options overlay strategy involving the purchase and sale of S&P 500 Index put options.
Operating within the Ultrashort Bond category, CSHI utilizes T-Bills as a low-risk collateral base, which are backed by the full faith and credit of the U.S. government. The inclusion of an equity derivative component allows the fund to capture option premiums, a common model for enhanced income products seeking to outperform traditional cash equivalents in volatile or flat market environments. Investors can further evaluate the risk-adjusted returns of this strategy on ValueRay.
- Federal Reserve interest rate policy dictates underlying T-Bill yields
- S&P 500 volatility levels impact put option premium income
- Net asset value fluctuates based on put option pricing spreads
- Short-term Treasury yields drive baseline distribution yield and investor demand
As of June 13, 2026, the stock is trading at USD 49.69 with a total of 434,553 shares traded.
Over the past week, the price has changed by +0.21%,
over one month by +0.31%,
over three months by +1.42% and
over the past year by +5.17%.
NEOS Enhanced Income 1-3 has no consensus analysts rating.