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NEOS Enhanced Income 20+ Year Treasury Bond ETF (TLTI)

Long Government | Exchange Traded Fund | Cboe US
43.82 USD -0.09 (-0.209%) ⇩ (Aug. 28, 2026, 3:30 p.m. EDT)
After hours: 43.82

Short-term:★★☆☆☆Long-term:★★⯪☆☆Dividends:★★★⯪☆
Hot Take | Aug. 22, 2026, 2:38 a.m. EDT

TLTI is a specialized income vehicle designed for a specific niche: investors seeking exposure to long-duration Treasuries who cannot access the market directly. The 6.45% yield is attractive in a low-rate environment, but it comes with significant duration risk; if rates rise further, the price of these 20+ year bonds will fall, eroding capital despite the high coupon. The recent price action shows the fund trading below its 50-day and 200-day averages, indicating some selling pressure or a rotation away from long-duration assets recently. While the dividend stream appears stable and consistent, the lack of options activity and the inherent volatility of long-duration bonds make this a hold rather than a buy for most investors. It serves a purpose for those needing specific duration exposure, but it lacks the defensive characteristics of shorter-term bonds or the growth potential of equities.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.012950
AutoARIMA0.013595
AutoETS0.013595
MSTL0.013675

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 67%
H-stat 14.01
Ljung-Box p 0.000
Jarque-Bera p 0.530
Excess Kurtosis -0.74
Attribute Value
Trailing P/E 25.74

As of Aug. 22, 2026, 2:38 a.m. EDT: Options activity is virtually dormant with negligible open interest and volume across both calls and puts. The lack of positioning suggests speculators are largely absent or waiting for clearer directional moves in the bond market, offering no immediate sentiment bias.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.52% 6.08%
Dividend History
Date Dividend Yield %
2026-08-12 0.227 0.523379
2026-07-15 0.223 0.500337
2026-06-10 0.225 0.503277
2026-05-13 0.227 0.506244
2026-04-15 0.230 0.501920
2026-03-11 0.236 0.514284
2026-02-11 0.231 0.499784
2026-01-14 0.231 0.497705
2025-12-24 0.232 0.498753
2025-11-26 0.238 0.499622
2025-10-22 0.242 0.499721
2025-09-24 0.249 0.531495
2025-08-20 0.247 0.539184
2025-07-23 0.247 0.543813
2025-06-25 0.249 0.538099
2025-05-21 0.238 0.535264
2025-04-23 0.228 0.494835
2025-03-26 0.239 0.506216
2025-02-26 0.245 0.500920
2025-01-22 0.267 0.571025
2024-12-24 0.267 0.559748
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 6.45

Info Dump

Attribute Value
All Time High 51.01
All Time Low 43.02
Ask 43.83
Ask Size 100
Average Daily Volume10 Day 10,280
Average Daily Volume3 Month 8,838
Average Volume 8,838
Average Volume10Days 10,280
Beta3 Year 0.0
Bid 43.77
Bid Size 600
Category Long Government
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 44.06
Day Low 43.78
Dividend Yield 6.45
Eps Trailing Twelve Months 1.702378
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 44.39948
Fifty Day Average Change -0.58137894
Fifty Day Average Change Percent -0.013094274
Fifty Two Week Change Percent -3.3802986
Fifty Two Week High 48.7
Fifty Two Week High Change -4.881901
Fifty Two Week High Change Percent -0.100244366
Fifty Two Week Low 43.02
Fifty Two Week Low Change 0.7980995
Fifty Two Week Low Change Percent 0.018551825
Fifty Two Week Range 43.02 - 48.7
First Trade Date Milliseconds 1,733,927,400,000
Full Exchange Name Cboe US
Fullday Change -0.0918999
Fullday Change Percent -0.209291
Fullday Price 43.8181
Fund Family Neos Funds
Fund Inception Date 1,733,788,800
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund invests under normal circumstances, at least 80% of its net assets in U.S. Treasury securities with remaining maturities of greater than or equal to 20 years and/or ETFs that invest at least 80% of their net assets in 20+ Treasuries and/or forwards,options or futures contracts linked to 20+ Treasuries; and (ii) selling and purchasing S&P 500® Index put options to generate income for the fund beyond what is received from the Underlying Investments.
Long Name NEOS Enhanced Income 20+ Year Treasury Bond ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1901846769
Nav Price 43.9425
Net Assets 17,402,264.0
Net Expense Ratio 0.58
Open 43.99
Phone 9,144,435,008
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 43.8181
Post Market Time 1,787,951,100
Previous Close 43.91
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -0.0918999
Regular Market Change Percent -0.209291
Regular Market Day High 44.06
Regular Market Day Low 43.78
Regular Market Day Range 43.78 - 44.06
Regular Market Open 43.99
Regular Market Previous Close 43.91
Regular Market Price 43.8181
Regular Market Time 1,787,945,400
Regular Market Volume 4,085
Short Name NEOS Enhanced Income 20+ Year T
Source Interval 15
Symbol TLTI
Total Assets 17,402,264
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 25.739347
Trailing Peg Ratio None
Trailing Three Month Nav Returns -2.44153
Trailing Three Month Returns -2.44153
Triggerable 1
Two Hundred Day Average 45.67382
Two Hundred Day Average Change -1.8557205
Two Hundred Day Average Change Percent -0.040629853
Type Disp ETF
Volume 4,085
Yield 0.0645
Ytd Return -2.2056