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NEOS Enhanced Income Credit Select ETF
HYBI (NEOS Enhanced Income Credit Select ETF) is an active Fixed Income ETF by NEOS. With a 0.68% MER, it provides diversified exposure through 4 holdings. Monthly distribution with a 8.31% yield.
HYBI is actively managed by NEOS's investment team, which selects holdings with the goal of outperforming a benchmark index.
With a 0.68% MER, its fees are in line with category averages. It pays a monthly distribution with a 8.31% yield, making it attractive for income-seeking investors.
This ETF is suited for investors seeking stability and capital preservation. It can serve as a defensive component in a diversified portfolio or as a temporary cash parking option.