After a few years of enjoying eye-catching interest rates on CDs, money markets, and high-yield savings accounts, investors who like to stash some cash need to confront the reality that those previously impressive yields will decline as the Fed lowers interest rates. Currently, the average high-yield savings account yields between 4.20% and 4.30%.
NEOS Enhanced Income 1-3 Month T-Bill ETF offers exposure to short-term T-Bills with enhanced income from S&P 500 put option strategies. CSHI provides a robust 5.12% forward yield, monthly distributions, high liquidity, and a low 39bps expense ratio, making it suitable for fixed income or an alternative to money market funds. The ETF's unique approach combines T-Bill stability with equity option income, but investors should consider risks from Fed rate changes and market volatility.
June's CPI print revealed heating inflation in a number of tariff-sensitive sectors. While consumers remain surprisingly resilient, uncertainty lingers as to the path of tariff-driven inflation in the months to come.
On this episode of the “ETF of the Week” podcast, VettaFi's Head of Research Todd Rosenbluth discussed the NEOS Enhanced Income 1-3 Month T-Bill ETF (CSHI) with Chuck Jaffe of Money Life. The pair discussed several topics related to the fund to give investors a deeper understanding of the ETF overall.
On this episode of the “ETF of the Week” podcast, VettaFi's Head of Research Todd Rosenbluth discussed the NEOS Enhanced Income 1-3 Month T-Bill ETF (CSHI) with Chuck Jaffe of Money Life. The pair discussed several topics related to the fund to give investors a deeper understanding of the ETF overall.
VettaFi's Head of Research Todd Rosenbluth discussed the NEOS Enhanced Income 1-3 Month T-Bill ETF (CSHI) on this week's “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” For more news, information, and analysis, visit the Tax Efficient Income Channel.
CSHI focuses on t-bills with a small allocation to S&P 500 put option spreads, offering a 5.0% yield and low volatility. The ETF provides slightly higher income and risk than t-bills. Small losses can occur during particularly severe downturns. There have been small, temporary losses in the past, none lasted for more than a month.
The ETF effectively navigated the recent sharp market correction, showcasing its robust risk management and the effectiveness of its laddered put spread options strategy. CSHI's active management of S&P 500 put spreads generates a consistent excess spread over treasury bills, providing a higher yield than comparable cash-equivalent ETFs. The structure of CSHI's put spreads provides a defined downside buffer, limiting potential losses during market declines, and the short-dated nature of the options reduces volatility.
Markets capitulated Monday on renewed recession fears following weekend comments from the current administration. Investors looking to position defensively in cash or cash-like strategies would do well to consider the the NEOS Enhanced Income 1-3 Month T-Bill ETF (CSHI).
This week on NEOS Investments' Monthly Inocme Podcast, ETF industry veteran Tom Lydon was joined by NEOS' co-founders and managing partners Garrett Paolella and Troy Cates to discuss buy-write and covered call strategies. In this episode, Lydon, Paolella, and Cates break down the buy-write strategies to make it clear to the average investor.
Stocks are holding firm near all-time highs. But Wall Street can't ignore the record amounts of cash still parked on the sidelines.
2025 may prove another strong year for ultra-short duration strategies, given the complex market and economic environment. Advisors and investors wanting to put money to work while hedging against duration risk should consider the NEOS Enhanced Income 1-3 Month T-Bill ETF (CSHI).