NEOS MLP & Energy Infrastructure High Income ETF (MLPI)
| Assets | $46.38M |
| Expense Ratio | 0.68% |
| PE Ratio | 20.43 |
| Shares Out | 8.47M |
| Dividend (ttm) | $2.67 |
| Dividend Yield | 4.75% |
| Ex-Dividend Date | Mar 18, 2026 |
| Payout Frequency | Monthly |
| Payout Ratio | 96.98% |
| Volume | 404,758 |
| Open | 56.55 |
| Previous Close | 55.69 |
| Day's Range | 55.80 - 56.55 |
| 52-Week Low | 49.15 |
| 52-Week High | 58.00 |
| Beta | n/a |
| Holdings | 32 |
| Inception Date | Dec 18, 2025 |
About MLPI
Fund Home PageThe NEOS MLP & Energy Infrastructure High Income ETF (MLPI) is an exchange-traded fund that mostly invests in energy equity. The fund aims to provide high monthly income by combining North American energy infrastructure exposure and a call-writing strategy. The fund is actively managed. MLPI was launched on Dec 18, 2025 and is issued by Neos.
Top 10 Holdings
59.74% of assets| Name | Symbol | Weight |
|---|---|---|
| Enbridge Inc. | ENB | 9.42% |
| The Williams Companies, Inc. | WMB | 9.35% |
| TC Energy Corporation | TRP | 6.15% |
| Kinder Morgan, Inc. | KMI | 5.96% |
| Pembina Pipeline Corporation | PPL | 5.62% |
| Cheniere Energy, Inc. | LNG | 5.26% |
| Targa Resources Corp. | TRGP | 4.82% |
| ONEOK, Inc. | OKE | 4.65% |
| Energy Transfer LP | ET | 4.28% |
| Enterprise Products Partners L.P. | EPD | 4.22% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 18, 2026 | $0.680 | Mar 20, 2026 |
| Feb 18, 2026 | $0.6739 | Feb 20, 2026 |
| Jan 21, 2026 | $0.6608 | Jan 23, 2026 |
| Dec 24, 2025 | $0.65239 | Dec 26, 2025 |
Performance
News
Hard To Imagine A Retirement Income Portfolio Without These 2 BDCs
Retirement income portfolios should prioritize meaningful dividend yields to avoid principal drawdown. Predictable and frequent cash flows, ideally monthly, are essential for reliable retirement incom...
14%-Yielding MLPI: The Most Dangerous Misconception About The Hottest New Midstream ETF
The NEOS MLP & Energy Infrastructure High Income ETF is a hot new ETF that is being hailed as the best midstream fund on the market. However, much of the analysis being done on the fund misses a criti...
MLPI Vs. AMLP: Why NEOS Is The New Leader Among Midstream ETFs
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1 BDC, 1 CEF, And 1 Covered Call ETF For 10%+ Retirement Income
The current environment does not support high-yield investments, especially if we talk about a 10%+ pick zone. In times like these, it is extremely hard to find 10%+ yield investments without introduc...
MLPI: Can This Newcomer ETF Sustain Their 15% Yield?
NEOS MLP & Energy Infrastructure High Income ETF offers a nearly 15% yield and 11%+ YTD share price growth, attracting strong fund inflows. MLPI combines high-yielding MLP/midstream assets with a cove...
Buy These Two 14% Yields And Sleep Like A Baby
In a challenging 2026 market, defense has come back in vogue. It is also the right environment to prioritize durable NAV and stable cash flows, focusing on income over price appreciation. Stepping int...
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, ...
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 t...
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%...
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 mech...
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...
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–...
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 E...
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 stra...
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 s...
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 ...
MLPI: NEOS Knows How To Surprise Income Investors
NEOS MLP & Energy Infrastructure High Income ETF (MLPI) offers direct exposure to high-quality midstream MLPs with an out-of-the-money covered call overlay. MLPI's physical structure enables investors...
This Article Will Change The Way You Approach Covered Call Investing
Covered call ETFs promise high income and outperformance in sideways or declining markets, but face opportunity cost in bull markets. Despite strong AuM growth and new launches like NEOS MLP & Energy ...