Funds / SPYH
SPYH S&P 500 Hedged Equity Income ETF
NEOS Investments · pays monthly · 0.68% expense ratio
Latest payout
$0.3710
paid Sep 25, 2026
Return of capital
92%
Sep 25 payout · estimated (19a-1)
Next ex-date
Oct 21, 2026
pays Oct 23 · amount TBD
Distribution rate
7.84%
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
- Split not published
What the past year did to your cost basis
Holding 100 shares of SPYH through the last 12 payouts, you’d have collected $433.04. About $375.81 of it (95%) was return of capital: not taxed when paid, but it came off your cost basis, which raises the gain when you sell.
Only payouts with a published split are counted in the return-of-capital figure.
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 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 | $0.3710 | 92% estimated (19a-1) |
| Aug 28, 2026 | $0.3682 | 96% estimated (19a-1) |
| Jul 31, 2026 | $0.3611 | 97% estimated (19a-1) |
| Jun 26, 2026 | $0.3638 | 92% estimated (19a-1) |
| May 29, 2026 | $0.3662 | 91% estimated (19a-1) |
| May 1, 2026 | $0.3590 | 98% estimated (19a-1) |
| Mar 27, 2026 | $0.3468 | 90% estimated (19a-1) |
| Feb 27, 2026 | $0.3579 | 96% estimated (19a-1) |
| Jan 30, 2026 | $0.3626 | Not published |
| Dec 26, 2025 | $0.3613 | 96% estimated (19a-1) |
| Nov 28, 2025 | $0.3549 | 95% estimated (19a-1) |
| Oct 24, 2025 | $0.3576 | 98% estimated (19a-1) |
| Sep 26, 2025 | $0.3570 | 95% estimated (19a-1) |
| Aug 22, 2025 | $0.3498 | 96% estimated (19a-1) |
| Jul 25, 2025 | $0.3452 | 98% estimated (19a-1) |
| Jun 27, 2025 | $0.3366 | 92% estimated (19a-1) |
| May 23, 2025 | $0.3343 | 93% final (Form 8937) |
| Apr 25, 2025 | $0.2559 | 93% final (Form 8937) |
Fund facts
- Issuer
- NEOS Investments
- Pays
- Monthly
- Inception
- Apr 2, 2025
- Expense ratio
- 0.68%
- Net assets
- $35M
- Price
- $56.64 · Sep 25, 2026
- NAV total return, 1 yr
- 14.97% · as of Jun 30, 2026
- Options tax treatment
- Section 1256 index options (60% long-term / 40% short-term on option gains)
- CUSIP
- 78433H568
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.