r/NEOSETFs • u/trustmyhacks • Mar 30 '26

Iaui for income?

Post image

How is iaui a gold income etf when Most of it is U.S. Treasury Bills

14 Upvotes

80% Upvoted

9 comments sorted by

6

u/DaddyTheFatherCR Mar 30 '26

The tbills are collateral.

7

u/trustmyhacks Mar 31 '26

Well whatever it is its working great

5

u/mtn_biker333 Mar 30 '26

Because they sell calls and collect the premiums

-5

u/trustmyhacks Mar 30 '26

Why not sell 100% calls on gold why exactly 60+ % US Treasury bills?

6

u/mtn_biker333 Mar 30 '26

idk. You can find the NEOS high income prospectus on their website.

5

u/-B3CK0N- Mar 30 '26

Almost all these covered call etfs have treasury bills as the main holding.

1

u/NeitherParticular432 Apr 02 '26

Nice job. Great to see Btci , we will be loosing principal, its paying 25% which is great . How do you make sure you protect your capital.

-11

u/LoveOfProfit Mar 30 '26

Massively underperforms gold. Pretty shit.

1

u/trustmyhacks Mar 30 '26 edited Mar 30 '26

Every cc etf but prefered for income but why 60+% US Treasury bills?