NEOS MLPI ETF offers ~15% yield with monthly payouts, targeting income investors in midstream energy.

The NEOS MLP & Energy Infrastructure High Income ETF (MLPI) provides a forward yield of approximately 15% with monthly distributions, appealing to income-focused investors. It combines midstream energy sector exposure with a covered-call strategy to generate high cash flow and enhance tax efficiency without the complications of K-1 forms. Investors are advised to consider buying MLPI in $3 increments during price pullbacks from $55, as normalization in the midstream sector could create attractive entry points. While there is some risk of principal erosion, it is considered lower compared to other high-yield funds, making MLPI a compelling option for income portfolios seeking sector-focused and options-enhanced strategies.