Funds / NLSI
NLSI Long/Short Equity Income ETF
NEOS Investments · pays monthly · 2.89% expense ratio
Latest payout
$0.2551
paid Sep 25, 2026
Return of capital
97%
Sep 25 payout · estimated (19a-1)
Next ex-date
Oct 28, 2026
pays Oct 30 · amount TBD
Distribution rate
5.27%
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 NLSI through the last 10 payouts, you’d have collected $226.15. About $183.76 of it (81%) 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 28, 2026 | Oct 30, 2026 | — | Amount TBD |
| Nov 24, 2026 | Nov 27, 2026 | — | Amount TBD |
| Dec 22, 2026 | Dec 24, 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 25, 2026 | $0.2551 | 97% estimated (19a-1) |
| Aug 28, 2026 | $0.2465 | 100% estimated (19a-1) |
| Jul 31, 2026 | $0.2365 | 100% estimated (19a-1) |
| Jun 26, 2026 | $0.2254 | 99% estimated (19a-1) |
| May 29, 2026 | $0.2256 | 99% estimated (19a-1) |
| May 1, 2026 | $0.2076 | 55% estimated (19a-1) |
| Mar 27, 2026 | $0.2100 | 94% estimated (19a-1) |
| Feb 27, 2026 | $0.1982 | 100% estimated (19a-1) |
| Jan 30, 2026 | $0.2195 | 43% estimated (19a-1) |
| Dec 26, 2025 | $0.2371 | 24% final (Form 8937) |
Fund facts
- Issuer
- NEOS Investments
- Exchange
- Cboe
- Pays
- Monthly
- Underlying
- Long/Short U.S. Equities
- Inception
- Dec 9, 2025
- Expense ratio
- 2.89%
- Net assets
- $5M
- Price
- $57.43 · Sep 25, 2026
- Options tax treatment
- Section 1256 index options (60% long-term / 40% short-term on option gains)
- CUSIP
- 78433H477
Issuer documents
Latest 19a-1 notices
- Sep 25, 2026 payout
- Aug 28, 2026 payout
- Jul 31, 2026 payout
- Jun 26, 2026 payout
- May 29, 2026 payout
- May 1, 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.