TLTI ETF — NEOS Enhanced Income 20+ Year Treasury Bond ETF
NEOS Enhanced Income 20+ Year Treasury Bond ETF (TLTI)
TLTI is an ETF that tracks the 20+ year U.S. Treasury bonds. As of August 19, 2026, its distribution rate is 6.30%, its trailing-12-month yield is 7.03%, its expense ratio is 0.58%. Dividend Vision Distribution Safety Score™ is 79/100 (Generally safe). Fund total return is -2.8% over the past 1.7 years, 31.7 points behind SPY at 28.9%.
At the current 6.30% distribution rate, a $10,000 investment would generate approximately $630 per year, or $52.50 per month on an equivalent basis.
TLTI dividend yield and income
Data as of August 19, 2026.
The distribution rate (6.30%) is the latest posted forward yield, paid monthly. Trailing-12-month yield (7.03%) is the last year of payments divided by the current price. The 30-day SEC yield is 4.71%. The last dividend was $0.2270. The last ex-dividend date was 08/12/2026. It was paid on 08/14/2026. At 6.30%, $10,000 would generate about $630 a year ($52.50 monthly-equivalent).
| Ex-date | Amount | vs year-ago payment |
|---|---|---|
| 2026-08-12 | $0.227 | -8.1% |
| 2026-07-15 | $0.223 | -9.7% |
| 2026-06-10 | $0.225 | -9.6% |
| 2026-05-13 | $0.227 | -4.6% |
| 2026-04-15 | $0.23 | 0.9% |
| 2026-03-11 | $0.236 | -3.7% |
| 2026-02-11 | $0.231 | -5.7% |
| 2026-01-14 | $0.231 | -13.5% |
| 2025-12-24 | $0.232 | -13.1% |
| 2025-11-26 | $0.238 | — |
| 2025-10-22 | $0.242 | — |
| 2025-09-24 | $0.249 | — |
| 2025-08-20 | $0.247 | — |
| 2025-07-23 | $0.247 | — |
| 2025-06-25 | $0.249 | — |
| 2025-05-21 | $0.238 | — |
| 2025-04-23 | $0.228 | — |
| 2025-03-26 | $0.239 | — |
| 2025-02-26 | $0.245 | — |
| 2025-01-22 | $0.267 | — |
| 2024-12-24 | $0.267 | — |
| 2024 total | $0.267 | — |
| 2025 total | $2.921 | 994.0% |
| 2026 YTD total | $1.83 | -6.6% |
TLTI dividend growth
An annualized trend fit on recent payments is 6.19%. That fit can move with uneven quarterly amounts and is not the same as a trailing-12-month cut.
| Window | Change |
|---|---|
| 1Y | 53.4% |
TLTI performance versus SPY
Data as of August 19, 2026.
Fund total return is -2.8% over the past 1.7 years, 31.7 points behind SPY at 28.9%. Its deepest 1-year drawdown was 7.1%.
| Window | Total return | CAGR |
|---|---|---|
| Since inception (1.7 years) | -2.8% | -1.70% |
TLTI key facts
Data as of August 19, 2026.
- Distribution Safety Score™
- 79 · Generally safe
- Safety-Adjusted Yield
- 4.98%
- Issuer
- NEOS
- Asset type
- ETF
- Asset class
- Equity
- Inception date
- 08/30/2023
- Expense ratio
- 0.58%
- Distribution rate
- 6.30%
- Distribution frequency
- Monthly
- Trailing yield
- 7.03%
- 30-day SEC yield
- 4.71%
- Last close
- $43.23
- AUM
- $17,350,446
- Average volume
- 6426.0
- Last dividend
- $0.2270
- Ex-dividend date
- 08/12/2026
- Payment date
- 08/14/2026
- Beta
- 0.0
- P/E ratio
- 25.3939
How Dividend Vision calculates yield and returns
Distribution rate (6.30%) 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 (7.03%) 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. The 30-day SEC yield (4.71%) is the SEC standardized figure when we have it. An issuer may publish a different SEC or TTM yield using another as-of date or share-class convention. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.
Distribution rate methodology · Distribution Safety Score methodology · SEC yield
Sources and review
Data as of August 19, 2026.
Primary sources: NEOS fund page; Index: 20+ year U.S. Treasury bonds; 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.
TLTI risks and drawbacks
Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 7.1%.
Who may consider TLTI — and who may not
It is a weaker fit for investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.
Frequently asked questions
Does TLTI pay monthly?
Yes. TLTI currently pays monthly.
What index does TLTI track?
TLTI tracks the 20+ year U.S. Treasury bonds.
What is TLTI's expense ratio?
TLTI's expense ratio is 0.58%.
What is TLTI's dividend yield?
TLTI currently yields 6.30%, paid monthly, with a 0.58% expense ratio.
When does TLTI pay a dividend?
TLTI pays monthly. The last dividend was $0.2270. The last ex-dividend date was 08/12/2026. It was paid on 08/14/2026.
How has TLTI performed?
Fund total return is -2.8% over the past 1.7 years, 31.7 points behind SPY at 28.9%. Its deepest 1-year drawdown was 7.1%.
Is TLTI a good investment?
TLTI's Dividend Vision Distribution Safety Score is 79 (Generally safe). That is a risk signal, not investment advice. It currently yields 6.30%. Compare peers below rather than treating any single figure as a buy or sell.
More funds from NEOS.
Tickers
| Ticker | Name | Weight |
|---|