Funds / IWMI
IWMI NEOS Russell 2000 High Income ETF
NEOS Investments · pays monthly · 0.76% expense ratio
Latest payout
$0.6075
paid Sep 18, 2026
Return of capital
100%
Sep 18 payout · estimated (19a-1)
Next ex-date
Oct 21, 2026
pays Oct 23 · amount TBD
Distribution rate
14.51%
issuer’s annualized rate, Aug 31, 2026
Payouts per share
- Income (the berries)
- Return of capital (a cutting from the bush)
- Return of capital, estimated
What the past year did to your cost basis
Holding 100 shares of IWMI through the last 12 payouts, you’d have collected $725.75. About $676.23 of it (93%) was return of capital: not taxed when paid, but it came off your cost basis, which raises the gain when you sell.
Uses the issuer’s final Form 8937 figures where filed and 19a-1 estimates otherwise. Gooseberry does this per lot, with your real purchase dates.
Upcoming dates
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| Oct 21, 2026 | Oct 23, 2026 | — | Amount TBD |
| Nov 18, 2026 | Nov 20, 2026 | — | Amount TBD |
| Dec 16, 2026 | Dec 18, 2026 | — | Amount TBD |
To be paid, you need to own shares before the ex-date. “Projected” dates are estimated from the fund’s usual schedule until the issuer announces them.
Payout history
| Paid | Per share | Return of capital |
|---|---|---|
| Sep 18, 2026 | $0.6075 | 100% estimated (19a-1) |
| Aug 21, 2026 | $0.6373 | 100% estimated (19a-1) |
| Jul 24, 2026 | $0.6250 | 86% estimated (19a-1) |
| Jun 18, 2026 | $0.6277 | 100% estimated (19a-1) |
| May 22, 2026 | $0.6046 | 100% estimated (19a-1) |
| Apr 24, 2026 | $0.6120 | 85% estimated (19a-1) |
| Mar 20, 2026 | $0.5710 | 100% estimated (19a-1) |
| Feb 20, 2026 | $0.6018 | 100% estimated (19a-1) |
| Jan 23, 2026 | $0.6082 | 100% estimated (19a-1) |
| Dec 26, 2025 | $0.5991 | 82% final (Form 8937) |
| Nov 28, 2025 | $0.5732 | 82% final (Form 8937) |
| Oct 24, 2025 | $0.5901 | 82% final (Form 8937) |
| Sep 26, 2025 | $0.5868 | 82% final (Form 8937) |
| Aug 22, 2025 | $0.5617 | 82% final (Form 8937) |
| Jul 25, 2025 | $0.5616 | 82% final (Form 8937) |
| Jun 27, 2025 | $0.5573 | 82% final (Form 8937) |
| May 23, 2025 | $0.5534 | 70% final (Form 8937) |
| Apr 25, 2025 | $0.4980 | 70% final (Form 8937) |
| Mar 28, 2025 | $0.5685 | 70% final (Form 8937) |
| Feb 28, 2025 | $0.5833 | 70% final (Form 8937) |
| Jan 24, 2025 | $0.6086 | 70% final (Form 8937) |
| Dec 26, 2024 | $0.6108 | 76% final (Form 8937) |
| Nov 21, 2024 | $0.6344 | 76% final (Form 8937) |
| Oct 24, 2024 | $0.6239 | 76% final (Form 8937) |
Show 4 earlier payouts
| Sep 26, 2024 | $0.6233 | 76% final (Form 8937) |
| Aug 22, 2024 | $0.6579 | 76% final (Form 8937) |
| Jul 25, 2024 | $0.6016 | 76% final (Form 8937) |
| Jun 27, 2024 | $0.5450 | 76% final (Form 8937) |
Fund facts
- Issuer
- NEOS Investments
- Exchange
- CBOE
- Pays
- Monthly
- Underlying
- Russell 2000 ® Index
- Inception
- Jun 24, 2024
- Expense ratio
- 0.76%
- Net assets
- $1.3B
- Price
- $49.60 · Sep 25, 2026
- NAV total return, 1 yr
- 36.26% · as of Jun 30, 2026
- Options tax treatment
- Section 1256 index options (60% long-term / 40% short-term on option gains)
- CUSIP
- 78433H634
Issuer documents
Latest 19a-1 notices
- Sep 18, 2026 payout
- Aug 21, 2026 payout
- Jul 24, 2026 payout
- Jun 18, 2026 payout
- May 22, 2026 payout
- Apr 24, 2026 payout
Form 8937 (final return of capital)
Data from NEOS Investments’s public disclosures, updated Sep 29, 2026, 3:56 AM ET. Not investment or tax advice.