NEOS Enhanced Income 1-3 Month T-Bill ETF

CSHI

Market cap $722M

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.

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.

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 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.

WESTPORT, Conn.--(BUSINESS WIRE)--NEOS Investments, an asset management firm comprised of leaders and pioneers in the options-based ETF space, announces August 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 August 2025 Ex-Div Date (8/20/2025)   Distribution Rate* Amount / Share (%) Amount / Share ($) Distribution Frequency 30-Day SEC Yield** Bitcoin High Income ETF (BTCI).

CSHI offers monthly, tax-efficient income by combining 1–3 month T-Bills with a put spread overlay on the S&P 500, minimizing duration risk. Current yield is competitive, with a 12-month trailing distribution rate of 5.37%, slightly above the most recent payment due to short-term rate shifts. Macro indicators show a neutral curve and income floor; future returns may rely more on the options overlay as T-Bill yields face potential downward pressure.

I hope you enjoyed a great July, whether you were on vacation or not. I've been catching up on the fantastic content our team at ETF Trends and ETF Database produced in July 2025.

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.