{
 "ticker": "TLTI",
 "name": "NEOS Enhanced Income 20+ Year Treasury Bond ETF",
 "issuer": "NEOS",
 "desk": "income",
 "url": "https://etfiq.com/funds/tlti",
 "html": "https://etfiq.com/funds/tlti",
 "markdown": "https://etfiq.com/funds/tlti.md",
 "as_of": "2026-09-18",
 "verdict": "Over the year to Sep 18, 2026, TLTI paid 6.4% in cash and finished 1.9 points ahead of TLT.",
 "key_facts": [
  {
   "key": "cash_paid_1_year_on_its_starting_price",
   "label": "Cash paid, 1 year, on its starting price",
   "value": "6.4%",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "TLTI, cash paid, 1 year, on its starting price: 6.4%, as of Sep 18, 2026."
  },
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "\u22122.9%",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "TLTI, total return, 1 year: \u22122.9%, as of Sep 18, 2026."
  },
  {
   "key": "against_tlt",
   "label": "Against TLT",
   "value": "+1.9 pts",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "TLTI, against TLT: +1.9 pts, as of Sep 18, 2026."
  },
  {
   "key": "return_of_capital_latest_payout",
   "label": "Return of capital, latest payout (NEOS estimate)",
   "value": "35.0%",
   "source": "NEOS estimate",
   "as_of": "2026-09-18",
   "sentence": "TLTI, return of capital, latest payout (NEOS estimate): 35.0%, as of Sep 18, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$17m",
   "source": "issuer page, as of Sep 18, 2026",
   "as_of": "2026-09-18",
   "sentence": "TLTI, net assets: $17m (issuer page, as of Sep 18, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "not read by ETFIQ",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "TLTI, expense ratio: not read by ETFIQ, as of Sep 18, 2026."
  }
 ],
 "fields": [
  {
   "key": "strategy",
   "label": "Strategy",
   "value": "covered call",
   "source": null
  },
  {
   "key": "benchmark",
   "label": "Benchmark",
   "value": "20+ Year Treasury (TLT)",
   "source": null
  },
  {
   "key": "pays",
   "label": "Pays",
   "value": "monthly",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$17m",
   "source": "issuer page, as of Sep 18, 2026"
  },
  {
   "key": "latest_payout_annualized",
   "label": "Latest payout, annualized",
   "value": "6.3%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "not read by ETFIQ",
   "source": null
  },
  {
   "key": "cash_paid_last_12_months_over_today_s_price",
   "label": "Cash paid, last 12 months, over today\u2019s price",
   "value": "7.0%",
   "source": "ETFIQ"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Dec 11, 2024",
   "source": null
  },
  {
   "key": "return_of_capital_latest_distribution",
   "label": "Return of capital, latest distribution",
   "value": "35.0%",
   "source": "NEOS 19a-1 estimate"
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Cash paid": "1.5%",
   "Price": "\u22126.2%",
   "Total return": "\u22124.7%",
   "TLT": "\u22125.3%",
   "Ahead or behind": "+0.5 pts"
  },
  {
   "window": "6 months",
   "Cash paid": "3.0%",
   "Price": "\u22124.9%",
   "Total return": "\u22122.0%",
   "TLT": "\u22123.1%",
   "Ahead or behind": "+1.1 pts"
  },
  {
   "window": "1 year",
   "Cash paid": "6.4%",
   "Price": "\u22129.1%",
   "Total return": "\u22122.9%",
   "TLT": "\u22124.7%",
   "Ahead or behind": "+1.9 pts"
  },
  {
   "window": "Since launch",
   "Cash paid": "10.6%",
   "Price": "\u221213.4%",
   "Total return": "\u22122.9%",
   "TLT": "\u22124.8%",
   "Ahead or behind": "+1.8 pts"
  }
 ],
 "questions": [
  {
   "q": "How much has TLTI paid over the last year?",
   "a": "Over the year to Sep 18, 2026, TLTI paid 6.4% of its starting price in cash distributions, while the price fell 9.1%."
  },
  {
   "q": "Is TLTI ahead of TLT?",
   "a": "Over the year to Sep 18, 2026, with every distribution reinvested, TLTI returned \u22122.9% against \u22124.7% for 20+ Year Treasury (TLT), so a holder was ahead of it by 1.9 points."
  },
  {
   "q": "How often does TLTI pay, and how much?",
   "a": "TLTI pays monthly. The latest distribution annualizes to 6.3% at its price on Sep 18, 2026, which is not a promise; the next one can differ."
  },
  {
   "q": "Is the TLTI distribution return of capital?",
   "a": "NEOS estimates 35% of the distribution paid Sep 11, 2026 was return of capital. That is a tax characterization from the fund's own 19a-1 notice, not a measure of erosion."
  }
 ],
 "generated": "2026-09-21",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}