SPYI ETF Delivers 11.9% Yield with 18.9% Total Return

The NEOS S&P 500 High Income ETF (CBOE:SPYI) reported an 11.9% distribution yield and an 18.9% total return over the past year, maintaining consistent monthly payments. SPYI's assets have reached $10 billion while trailing the S&P 500 (SPY) by approximately 4 percentage points annually. The fund features a 0.68% expense ratio and income sourced from S&P 500 dividends and call options premiums. This information is important for ordinary investors as it highlights a reliable income option amidst fluctuating market conditions.