NEOS Enhanced Income Aggregate Bond ETF

BNDI

Market cap $170M

BNDI focuses on investment-grade bonds, with assorted equity option spreads meant to boost income. The fund's 5.7% dividend yield is quite a bit higher than its benchmark, leading to stronger long-term total returns. There could be small losses during significant, sharp equity drawdowns, but these are rare occurrences, and none have led to persistent losses in the past.

NEOS Enhanced Income Aggregate Bond ETF (BNDI) is ideal to defend against the current volatility caused by war. The ETF earns extra income by selling puts on SPX Index options, delivering higher, tax-advantaged income and professional options management. Results show BNDI at 5.74% yield outperforms the U.S. Aggregate Bond Index at 3.93% over time.

Aggregate bond ETFs aren't delivering alarmingly negative performances, but there is some level of disappointment. Still, BNDI shows promise.

Neos Enhanced Income Aggregate Bond ETF layers S&P 500 put spreads over core bond ETFs, outperforming the Bloomberg Aggregate Index since January 2023. BNDI delivered approximately 250 bps excess return over AGG, with higher volatility driven by equity-linked put spreads. Volatility is modestly higher than AGG, but BNDI recovered well from the April 2025 equity drawdown, demonstrating structural resilience.

WESTPORT, Conn.--(BUSINESS WIRE)--NEOS Investments, an asset management firm comprised of leaders and pioneers in the options-based ETF space, announces November monthly distribution amounts for their suite of ETFs that pursue monthly income and tax efficiency across core portfolio exposures.

Advisors and investors are seeking dependable, above-average income outside of the fixed income universe. That makes covered call and options-based ETFs increasingly fertile territory for income seekers.

Recent data indicates there's more than $7 trillion sitting in money markets and related instruments. That's a staggering sum, to be sure.

WESTPORT, Conn.--(BUSINESS WIRE)--NEOS Investments, an asset management firm comprised of leaders and pioneers in the options-based ETF space, announces September monthly distribution amounts for their suite of ETFs that pursue monthly income and tax efficiency across core portfolio exposures. ETF distribution information as of the September 2025 Ex-Div Date (9/24/2025)   Distribution Rate* Amount / Share (%) Amount / Share ($) Distribution Frequency 30-Day SEC Yield** Bitcoin High Income ETF (.

Neos Enhanced Income Aggregate Bond ETF boosts bond yields by writing options on long bond ETF positions, aiming for higher income. BNDI's headline yield appears attractive, but much of the distribution is return of capital, not true earnings, complicating performance assessment. The actual annualized return, after accounting for capital loss, is about 4.42%, only modestly above the underlying bond funds' yields.

NEOS Investments launched its first trio of options income ETFs August 30, 2022. Three years later, the NEOS S&P 500 High Income ETF (SPYI), the NEOS Enhanced Income 1-3 Month T-Bill ETF (CSHI), and the NEOS Enhanced Income Aggregate Bond ETF (BNDI) boast a collective AUM of $5.7 billion.