The odds for a serious correction are not low. In this context, high-yield investing might not sound as the smartest idea, especially for durable or retirement income portfolios. Fortunately, in markets everything is not black or white.
NEOS Gold High Income ETF offers a covered call strategy on gold, targeting high monthly income and potential appreciation. IAUI delivers a 12.53% distribution rate, with approximately 85% of distributions classified as return of capital. The fund stands out due to its straightforward structure and is managed by a team with a strong track record in covered call ETFs.
NEOS Gold High Income ETF offers a 12% annualized yield and monthly distributions by selling covered calls on gold ETPs. IAUI is best suited for periods of gold price consolidation, providing steady income and potential outperformance versus IAU during sideways markets. While IAUI underperforms during strong gold rallies, its drawdowns are milder, and the fund balances income with capital appreciation.