MLPI ETF — NEOS MLP & Energy Infrastructure High Income ETF
NEOS MLP & Energy Infrastructure High Income ETF (MLPI)
Updated October 2, 2026.
MLPI is an ETF linked to Master limited partnerships. its distribution rate is 14.72%, its trailing-12-month yield is 12.99%, its expense ratio is 0.68%. Dividend Vision Distribution Safety Score™ is 79/100 (Generally safe). Total return is 16.1% over the past 0.8 years, 1.1 points ahead of SPY at 15.0%.
At the current 14.72% distribution rate, a $10,000 investment would generate approximately $1,472 per year, or $122.67 per month.
MLPI dividend yield and income
Price as of 2026-10-02.
The distribution rate (14.72%) is the latest posted forward yield, paid monthly. Trailing-12-month yield (12.99%) is the last year of payments divided by the current price. The last dividend was $0.6276. The last ex-dividend date was 09/16/2026. It was paid on 09/18/2026. At the current 14.72% distribution rate, a $10,000 investment would generate approximately $1,472 per year, or $122.67 per month.
| Ex-date | Amount | Change from previous payment |
|---|---|---|
| 2026-09-16 | $0.6276 | -2.0% |
| 2026-08-19 | $0.6402 | -6.3% |
| 2026-07-22 | $0.6834 | 3.9% |
| 2026-06-16 | $0.6576 | -6.6% |
| 2026-05-20 | $0.7038 | 5.6% |
| 2026-04-22 | $0.6667 | -2.0% |
| 2026-03-18 | $0.68 | 0.9% |
| 2026-02-18 | $0.6739 | 2.0% |
| 2026-01-21 | $0.6608 | 1.3% |
| 2025-12-24 | $0.65239 | — |
| 2025 total (partial launch year) | $0.65239 | — |
| 2026 YTD total | $5.994 | — |
MLPI dividend growth
| Window | Change |
|---|---|
| 3Y | 0.0% |
| 5Y | 0.0% |
MLPI holdings and sector exposure
Holdings are not available for this snapshot.
MLPI performance versus SPY
Price and return data through 2026-10-02.
Total return is 16.1% over the past 0.8 years, 1.1 points ahead of SPY at 15.0%.
| Window | Total return | CAGR |
|---|---|---|
| 1M | -5.7% | — |
| 3M | -3.7% | — |
| 6M | -2.1% | — |
| YTD | 14.0% | — |
| Since inception (0.8 years) | 16.1% | — |
MLPI key facts
- Distribution Safety Score™
- 79 · Generally safe
- Safety-Adjusted Yield
- 11.63%
- Issuer
- NEOS
- Asset type
- ETF
- Asset class
- Equity
- Inception date
- 12/18/2025
- Expense ratio
- 0.68%
- Distribution rate
- 14.72%
- Distribution frequency
- Monthly
- Trailing yield
- 12.99%
- Last close
- $51.17 (as of 2026-10-02)
- AUM
- $46,375,511
- Average volume
- 347600.0
- Last dividend
- $0.6276
- Last ex-dividend date
- 09/16/2026
- Last payment date
- 09/18/2026
- Beta
- 0.0
- P/E ratio
- 17.4772
How Dividend Vision calculates yield and returns
Distribution rate (14.72%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (12.99%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.
Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology
Sources and review
Primary sources: NEOS or company page; Index: Master limited partnerships; prices and distributions from Dividend Vision, derived from vendor EOD data.
Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.
Compare MLPI
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Frequently asked questions
Does MLPI pay monthly?
Yes. MLPI currently pays monthly.
What is MLPI linked to?
MLPI is linked to Master limited partnerships, not a broad market index.
What is MLPI's expense ratio?
MLPI's expense ratio is 0.68%.
What is MLPI's dividend yield?
MLPI's distribution rate is 14.72%, paid monthly, with a 0.68% expense ratio — the latest regular payout annualised, not a trailing 12-month yield (data as of October 2, 2026).
When does MLPI pay a dividend?
MLPI pays monthly. The last dividend was $0.6276. The last ex-dividend date was 09/16/2026. It was paid on 09/18/2026.
How has MLPI performed?
Total return is 16.1% over the past 0.8 years, 1.1 points ahead of SPY at 15.0%.
Is MLPI a good investment?
MLPI's Dividend Vision Distribution Safety Score is 79 (Generally safe). That is a risk signal, not investment advice. Its distribution rate is 14.72% (the latest regular payout annualised, not a trailing yield). Compare peers below rather than treating any single figure as a buy or sell.
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