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NEOS MLP & Energy Infrastructure High Income ETF (MLPI)

$56.41

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Key data on MLPI

AUM

$64556131

P/E ratio

16.9

Dividend yield

2.5161%

Expense ratio

0.68%

Beta

-0.602132

Price on MLPI

Previous close

$56.35

Today's open

$56.03

Day's range

$55.65 - $56.48

52 week range

$49.15 - $57

Profile about MLPI

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Headquarters

US

Exchange

CBOE Global Markets BZX

Issue type

Other

MLPI industries and sectors

Alternatives

Trading Tools

Top holdings in MLPI
ENB:CA

9.42%

News on MLPI

MLPI Is Quietly Building A 14% Income Fortress

NEOS MLP & Energy Infrastructure High Income ETF offers robust income, anchored by strong underlying dividends and a well-structured covered call strategy. MLPI's portfolio is concentrated in stable, dividend-growth midstream operators and high-yield MLPs, supporting a yield of ~14%, with over a third from dividends. The option layer is balanced - aggressive strikes but only partial notional coverage - allowing meaningful income while preserving some upside in a moderate growth environment.

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Seeking Alpha • Mar 2, 2026

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MLPI: A New High‑Yield, Tax‑Friendly Energy ETF With Monthly Payouts

I examine the NEOS MLP & Energy Infrastructure High Income ETF, launched in December 2025, targeting high yields and low S&P 500 correlation. The initial reported TTM yield of 3.6% is misleading due to the fund's short history and limited payout data. MLPI's actual distribution yield is 15.67% with monthly payouts, aligning with its attractive high-income positioning.

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Seeking Alpha • Feb 26, 2026

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10%+ Dividends And Stress-Free Retirement: My Top 2 Picks

Ultra-high-yield strategies (e.g., CLO equity, aggressive call option funds) risk capital destruction and income instability. Yet, conservative blue-chip income portfolios often yield too little (3-4%) to meet robust income goals or outpace inflation. My approach is to strike a balance between these two worlds.

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Seeking Alpha • Feb 19, 2026

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MLPI: Supercharging MLPs For 15% Yields

NEOS MLP High Income ETF (MLPI) offers double-digit income via covered calls and enhanced tax efficiency versus AMLP. MLPI's structure enables 100% return-of-capital distributions, deferring taxes and improving after-tax yields for investors. The fund's holdings mirror AMLP but add C-Corps and Canadian firms, creating slight tracking and risk differences.

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Seeking Alpha • Feb 11, 2026

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2026 Is About Volatility And 10%+ Covered Call Yields

Volatility and dispersion are the likely key themes for 2026. The sky-high valuations and increasingly shaky economic/financial fundamentals support that view. At the same time, the market's "put mechanism," which has made the buy-the-dip strategy work since really the GFC, has not disappeared.

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Seeking Alpha • Feb 11, 2026

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Two 20%+ Yields That Have Entered Deep Bargain Territory

Recent AI and mega-cap growth volatility has impacted income-focused asset classes, underscoring the need for high-quality value and reliable current income streams. I structure my portfolio for an 8–9% yield by combining core dividend aristocrats, strategic yield enhancers, and a minor allocation to tactical high-yield trades. In this article I elaborate on two tactical trade picks, where I see dislocated, abnormally high-yielding (20%+) opportunities.

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Seeking Alpha • Feb 10, 2026

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I've Never Been More Bullish On Covered Call ETFs Than Now (But With One Caveat)

The market seems to be increasingly punctuated by notable volatility spikes, while the broad indices (and AI names) struggle to justify their valuations. This is the necessary setup for covered call ETFs to come in and shine. However, there is a huge caveat (not that visible risk), which, if not properly considered, might lead covered call investors to be disappointed.

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Seeking Alpha • Feb 1, 2026

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MLPI: Collect A Double-Digit Yield From This MLP ETF, Without The K-1 Headache

Neos MLP & Energy Infrastructure High Income ETF offers high-yield, tax-efficient MLP exposure without K-1 forms, targeting income-focused investors. MLPI deploys an out-of-the-money covered call strategy on MLP ETFs, capping upside but amplifying monthly distributions, currently yielding an estimated 15.4%. The fund is best suited for flat or modestly rising MLP markets, as its structure underperforms in strong rallies and does not protect against sector downturns.

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Seeking Alpha • Jan 26, 2026

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Why Letter 'L' Is The Biggest Risk For Covered Call ETF Income

Covered call ETFs play an increasingly more important role for income investors and their cash flows. These products come with several risks, but most of them should be acceptable for those who seek sustainable income. Yet, the key risk is an L-shaped sell-off, which might lead to a serious impairment of both NAV and current income.

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Seeking Alpha • Jan 20, 2026

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Hard To Imagine A Retirement Portfolio Without These 2 Gems

The year is 2026, and the market (and macro) environment seem to be exactly the opposite of what is required for stress-free income. For prudent income investors, considering taking some risk off the table might be a good idea. But in most cases it comes at the cost of reduced income potential.

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Seeking Alpha • Jan 6, 2026

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¹ Disclosures

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