IWMI Provides Current Income For Those Seeking Equity Exposure To The Russell 2000 Index
The NEOS Russell 2000 High Income ETF (IWMI) provides investors with a 13.66% yield through a buy-write strategy. This fund distributes monthly income, mainly as a return of capital, which can lower the cost basis for investors. It is designed for those seeking equity exposure to the Russell 2000 index while focusing on income generation.
- ▪IWMI offers a yield of 13.66% through a buy-write strategy.
- ▪The fund distributes monthly income primarily as a return of capital.
- ▪This approach provides tax deferral benefits for income-focused investors.
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