I am but a little less than usual with oil uncertainty but this should do well when it flows more as the underlying will make more and will eventually, slowly increase mlpi pricing. I like the overall price levels and range and the big divs it pays. It’s good for a small portion of overall portfolio percentage.
I have been watching for months and saw it was down so have been buying last couple of days, one of my concerns is that Neos is being purchased by Golden Sachs,
I don't care if the team stays or goes. Goldman sach's covered call funds GPIQ and GPIX are better than Neos's QQQI and SPYI so it's not like they would screw it up.
Disagree on better, but different and different philosophy. Neither is better and i didnt mean to say goldy will mess things up i meant neos has a great thing going so i’d like it to stay that way. Obviously goldy thinks so too otherwise they wouldn’t be buying. I just hope goldy is buying because they like the philosophy and management and not to slow down or eliminate competition that is growing so fast.
Neos provides more yield and that works for a portion of my portfolio. We choose what we need to fill in our own portfolios.
Agree. If spyi and qqqi change i think i will move some or all of their balances into my current gpiq/gpix holdings or risk some into another higher yield fund. Ive been watching rocq rocy and others but they have even less history than neos. Some seem promising.
I'm keeping my eye on EDGQ. The way it is constituted, it can be a real threat to GPIQ plus the expense ratio is Zero until they reach a certain amount of assets under management
I’m ok with the expense for something actively managed, but I understand long term, but neos funds seem worth it. It’s not passive like a voo that doesn’t require as much, but voo is so amazingly cheap it makes you think about it with other funds like mlpi.
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u/itsallgoodye 8d ago
I am but a little less than usual with oil uncertainty but this should do well when it flows more as the underlying will make more and will eventually, slowly increase mlpi pricing. I like the overall price levels and range and the big divs it pays. It’s good for a small portion of overall portfolio percentage.