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NLSI ETF — Neos Long/Short Equity Income ETF
Neos Long/Short Equity Income ETF (NLSI)
Updated October 16, 2026.
Verdict as of October 17, 2026
NLSI's distribution is rated generally safe by the Dividend Vision Distribution Safety Score™ (79/100, high confidence). It pays monthly and its distribution rate is 5.18%. The latest total cash payment per current share, $0.2551 with an ex-date of September 23, 2026, was 3.5% higher than the previous $0.2465. These payments are unclassified; this does not establish a base-dividend change.
Sources: NEOS page for NLSI, Section 19a-1 notices, scoring methodology.
NLSI is an ETF linked to U.S. equities. its distribution rate is 5.18%, its trailing-12-month yield is 3.83%, its expense ratio is 2.89%. Dividend Vision Distribution Safety Score™ is 79/100 (Generally safe). Total return is 22.4% over the past 0.8 years, 10.2 points ahead of SPY at 12.2%.
NLSI dividend yield and income
Price as of 2026-10-16.
The distribution rate (5.18%) uses calculation basis unavailable. Trailing-12-month yield (3.83%) is the last year of cash distributions by ex-date divided by the current price. The dividend amount is $0.2551. The ex-dividend date is 09/23/2026. The payment date is 09/25/2026.
| Ex-date | Amount | Change from previous payment |
|---|---|---|
| 2026-09-23 | $0.2551 | 3.5% Unclassified cash |
| 2026-08-26 | $0.2465 | 4.2% Unclassified cash |
| 2026-07-29 | $0.2365 | 4.9% Unclassified cash |
| 2026-06-24 | $0.2254 | -0.1% Unclassified cash |
| 2026-05-27 | $0.2256 | 8.7% Unclassified cash |
| 2026-04-29 | $0.2076 | -1.1% Unclassified cash |
| 2026-03-25 | $0.21 | 6.0% Unclassified cash |
| 2026-02-25 | $0.1982 | -9.7% Unclassified cash |
| 2026-01-28 | $0.2195 | -7.4% Unclassified cash |
| 2025-12-24 | $0.23714 | — |
| 2025 total (partial launch year) | $0.23714 | — |
| 2026 YTD total | $2.0244 | — |
NLSI holdings and sector exposure
Holdings are not available for this snapshot.
NLSI performance versus SPY
Price and return data through 2026-10-16.
Total return is 22.4% over the past 0.8 years, 10.2 points ahead of SPY at 12.2%. Its deepest 1-year drawdown was 13.8%.
| Window | Total return | CAGR |
|---|---|---|
| 1M | 3.8% | — |
| 3M | 14.2% | — |
| 6M | 30.0% | — |
| YTD | 20.1% | — |
| Since inception (0.8 years) | 22.4% | — |
NLSI key facts
- Distribution Safety Score™
- 79 · Generally safe
- Safety-Adjusted Yield
- 4.09%
- Issuer
- NEOS
- Asset type
- ETF
- Asset class
- Equity
- Inception date
- 12/10/2025
- Expense ratio
- 2.89%
- Distribution rate
- 5.18%
- Distribution frequency
- Monthly
- Trailing yield
- 3.83%
- Last close
- $59.12 (as of 2026-10-16)
- NAV
- $59.49 as of 2026-10-15; source issuer
- Premium / discount
- N/A (price 2026-10-16, NAV 2026-10-15)
- AUM
- $4,759,012 (as of 2026-10-15)
- Average volume
- 832.0
- Dividend
- $0.2551
- Ex-dividend date
- 09/23/2026
- Payment date
- 09/25/2026
- Beta
- 0.0
How Dividend Vision calculates yield and returns
Distribution rate (5.18%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (3.83%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. 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; Fact sheet; Index: U.S. equities; 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.
NLSI risks and drawbacks
The deepest 1-year drawdown on record here is 13.8%.
Who may consider NLSI — and who may not
NLSI may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.
More on NLSI
Frequently asked questions
Does NLSI pay monthly?
Yes. NLSI currently pays monthly.
What is NLSI linked to?
NLSI is linked to U.S. equities, not a broad market index.
What is NLSI's expense ratio?
NLSI's expense ratio is 2.89%.
What is NLSI's dividend yield?
NLSI's distribution rate is 5.18%, paid monthly, with a 2.89% expense ratio — calculation basis unavailable.
When does NLSI pay a dividend?
NLSI pays monthly. The dividend amount is $0.2551. The ex-dividend date is 09/23/2026. The payment date is 09/25/2026.
How has NLSI performed?
Total return is 22.4% over the past 0.8 years, 10.2 points ahead of SPY at 12.2%. Its deepest 1-year drawdown was 13.8%.
Is NLSI a good investment?
NLSI's Dividend Vision Distribution Safety Score is 79 (Generally safe). That is a risk signal, not investment advice. Its distribution rate is 5.18% (calculation basis unavailable). Compare peers below rather than treating any single figure as a buy or sell.
More securities from NEOS.
Tickers
Holdings as-of date unavailable.
| Ticker | Name | Weight |
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