IWMI Roars Out of the Gate With 14.03% Distribution Yield

The recently launched NEOS Russell 2000 High Income ETF (IWMI) just crossed its first full month of trading. The fund logged a distribution yield of 14.03% in July, making it an attractive entrant into the small-cap and income space. The fund utilizes a similar strategy to that employed by the NEOS S&P 500 High Income ETF (SPYI), [...] The post IWMI Roars Out of the Gate With 14.03% Distribution Yield appeared first on ETF Trends .