ETF PROFILE · HIGH INCOME
QQQI — NEOS Nasdaq-100 High Income ETF
QQQI combines Nasdaq-100 equity exposure with an actively managed index-call strategy designed to generate high monthly income while retaining some potential for capital appreciation.
Fund data verified September 29, 2026 · Educational research
Fund Snapshot
- Issuer: NEOS Investments
- Underlying exposure: Nasdaq-100 Index
- Management fee: 0.68%
- Distribution frequency: Monthly
- Distribution rate: 14.39% (Aug. 31, 2026)
- 30-day SEC yield: -0.05% (Aug. 31, 2026)
- Net assets: $14.80B (Sept. 18, 2026)
- Inception: January 29, 2024
HOW IT WORKS
Nasdaq-100 Exposure + NDX Options
QQQI invests in Nasdaq-100 constituents and overlays a data-driven call-option strategy. NEOS says the strategy can use sold and purchased NDX index options and seeks high monthly income with potential equity appreciation.
The current distribution rate is much higher than the SEC yield, illustrating why distribution rate should not be interpreted as underlying dividend yield or expected total return.
Recent Distribution Context
September 2026 distribution: $0.6339/share
12-month trailing distribution rate: 14.08% (Aug. 31, 2026)
NEOS states that distributions may include option premiums, dividends, capital gains, interest and return of capital.
Key Risks
QQQI combines concentrated Nasdaq-100 equity risk with options-strategy risk. Its high distribution rate can be attractive for cash-flow analysis, but it should be studied together with NAV, total return and distribution composition.
- Nasdaq-100 concentration
- Options-strategy risk
- Potential upside limitation
- Variable distributions
- Return-of-capital interpretation
Primary source: NEOS Investments — QQQI. Distribution rates and asset values change over time and should be rechecked.