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Dividend ETF
NEOS Enhanced Income 1-3 Month T-Bill ETF
CSHI holds 1-3 month Treasury bills and adds a managed S&P 500 index put-option strategy to seek enhanced monthly income. The Treasury sleeve is short-duration, but the options overlay adds market, derivatives, and loss risk that a plain T-bill fund does not carry.
volatile payers swing payout to payout — the average smooths the starting point
Use 0% for IRA/Roth. Simplified: one flat rate, federal only.
Contributing $10,000 up front plus $250 a month for 15 years puts in $55,000 of your own money. Under these assumptions the position ends worth $122,788, averaging about $390 a month in gross distributions in its final year. That is a total gain of $67,788 (+123%) — about 8.5% a year, money-weighted, counting income and price together.
No scenario without its downside: these variants re-run your exact inputs through standard shocks so the base case never stands alone.
Every rate above is held constant for the whole projection — real markets never do that. This is a scenario, not a forecast.
| Year | Gross income | Contributed | Ending value |
|---|---|---|---|
| 1 | $556 | $13,000 | $14,032 |
| 2 | $742 | $3,000 | $18,416 |
| 3 | $941 | $3,000 | $23,178 |
| 4 | $1,154 | $3,000 | $28,347 |
| 5 | $1,381 | $3,000 | $33,955 |
| 6 | $1,623 | $3,000 | $40,035 |
| 7 | $1,882 | $3,000 | $46,623 |
| 8 | $2,159 | $3,000 | $53,757 |
| 9 | $2,454 | $3,000 | $61,478 |
| 10 | $2,768 | $3,000 | $69,829 |
| 11 | $3,104 | $3,000 | $78,857 |
| 12 | $3,462 | $3,000 | $88,611 |
| 13 | $3,844 | $3,000 | $99,147 |
| 14 | $4,251 | $3,000 | $110,519 |
| 15 | $4,685 | $3,000 | $122,788 |
| Ex-date | Pay date | Per share |
|---|---|---|
| 2026-07-15 | 2026-07-17 | $0.1945 |
| 2026-06-10 | 2026-06-12 | $0.1944 |
| 2026-05-13 | 2026-05-15 | $0.1946 |
| 2026-04-15 | 2026-04-17 | $0.1946 |
| 2026-03-11 | 2026-03-13 | $0.1940 |
| 2026-02-11 | 2026-02-13 | $0.1990 |
| 2026-01-14 | 2026-01-16 | $0.1991 |
| 2025-12-24 | 2025-12-26 | $0.1995 |
| 2025-11-26 | 2025-11-28 | $0.2045 |
| 2025-10-22 | 2025-10-24 | $0.2094 |
| 2025-09-24 | 2025-09-26 | $0.2120 |
| 2025-08-20 | 2025-08-22 | $0.2119 |
Launching soon — the calendar feed (.ics) works today.
Prefer no email? The calendar feed (.ics) carries the same dates.
The distribution rate annualizes recent payouts; the SEC 30-day yield measures net investment income under a standardized formula. For option-income funds the gap is normal — premiums and return of capital can fund distributions well above earned income. Neither number is a forecast of total return.
No — and it doesn't try. This is an educational scenario tool: it shows the arithmetic consequences of assumptions you choose. It makes no recommendations and no predictions.
No. Treasury bills are the collateral and core exposure, but the fund also writes and buys SPX puts. That overlay can enhance income and can also create losses or a return path unlike a plain Treasury-bill ETF.
Applies to both sides. 0% = tax-advantaged.
NEOS Enhanced Income 1-3 Month T-Bill ETF
$0.1945/share · latest payout
assumption — no issuer return history
1y payout history
NEOS S&P 500 High Income ETF
$0.5310/share · latest payout
assumption — no issuer return history
assumption — variable option-income payout held flat
Under these assumptions SPYI leads on both income and ending value. A clean sweep usually means the growth assumptions strongly favor one side — before reading anything into it, ask whether that side’s implied combined payout and price-growth assumptions over 10 years are realistic. Nudge the growth fields above and watch how fast the sweep disappears.
Both sides run the identical deposit schedule with DRIP on and taxes off (0% — set a rate above for taxable accounts). Growth defaults come from each fund’s own record where available (payout history; issuer-reported returns) — but history is not a forecast, and this is not a recommendation.
Educational scenario modeling only — not investment, tax, or financial advice. Results are hypothetical outcomes of your assumptions, not forecasts.