Morningstar

NEOS Enhanced Income Aggregate Bond ETF BNDI

Morningstar Medalist Rating
Medalist Rating as of | See Neos Funds Investment Hub

Morningstar’s Analysis BNDI

Will BNDI outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable BNDI’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the BNDI management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of BNDI’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of a middling Process Pillar rating and a Below Average People Pillar rating limit NEOS Enhanced Income Aggregate Bond ETF to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
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Portfolio Holdings BNDI

More BNDI Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 99.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Vanguard Total Bond Market ETF

49.70 20.1 Mil
—

iShares Core US Aggregate Bond ETF

49.68 20.1 Mil
—

First American Treasury Obligs X

0.28 113,531
Cash and Equivalents

DEPOSITS WITH BROKER FOR SHORT POSITIONS

0.28 111,701
Cash and Equivalents

Northern US Government Select MMkt

0.13 51,294
Cash and Equivalents

Cash Offset

0.04 16,479
—

Put On S&P 500 Oct24

0.03 13,196
—

Put On S&P 500 Oct24

0.03 11,189
—

Put On S&P 500 Oct24

0.02 9,905
—

US DOLLARS

0.00 321
Cash and Equivalents

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