NEOS MSCI EAFE High Income ETF (NIHI)

The NEOS MSCI EAFE High Income ETF (NIHI) is an actively managed fund from NEOS Investments that seeks high monthly income along with exposure to developed international stock markets.

The fund holds equities that represent the MSCI EAFE Index, which covers large and mid-cap companies in developed markets across Europe, Australasia and the Far East, excluding the United States and Canada. It overlays an options strategy, generally writing call options on the index, to generate premium for distributions.

The call-writing component limits participation in strong market rallies in exchange for option income.