What QQQI Is Built To Do
The NEOS Nasdaq 100 High Income ETF (QQQI) does two things at once. It holds the large-cap growth stocks of the Nasdaq-100, and it sells call options against that exposure to generate monthly cash income.
That second part is the whole point. A traditional Nasdaq-100 fund pays almost nothing in dividends because its holdings — Nvidia, Apple, Microsoft — reinvest rather than distribute. QQQI manufactures income by selling away some of the upside through index call options and passing the option premium back to shareholders.
NEOS structures the option overlay using Nasdaq-100 index options, which are designed to qualify for more favorable (Section 1256, 60/40) tax treatment than equity options. The fund pays monthly.
The Holdings Look Like the Nasdaq-100, Because They Are
QQQI's portfolio mirrors the concentration of the index it tracks. The top holdings as of the latest data:
| Holding | Weight |
| NVDA | 8.1% |
| AAPL | 7.2% |
| MSFT | 4.9% |
| MU | 4.6% |
| AMZN | 4.3% |
| GOOGL | 3.5% |
| AMD | 3.4% |
| GOOG | 3.2% |
| TSLA | 3.2% |
| AVGO | 3.0% |
By sector, technology dominates at 58.0%, followed by communication services at 14.1% and consumer cyclicals at 11.1%. Healthcare (3.8%), industrials (2.9%), and everything else round out the remainder. This is a concentrated, tech-heavy fund — the income overlay does not change that.
Performance and yield figures are historical and may change. Total return includes price movement and distributions where available. Past performance does not guarantee future results. Yield is not the same as total return.
The Income, In Real Numbers
QQQI's latest declared distribution was $0.6570 per share, declared June 16, 2026, and it pays monthly.
At the current price of $55.45, that latest payout annualizes to a 14.22% run-rate (the latest distribution × 12 ÷ price). On a trailing-12-month basis, QQQI has distributed $8.2560 per share, a 14.89% TTM distribution yield.
| Income Metric | Value |
| Latest monthly distribution | $0.6570/share (declared 6/16/2026) |
| Annualized run-rate | 14.22% |
| Trailing-12-month distributions | $8.2560/share |
| TTM distribution yield | 14.89% |
| Frequency | Monthly |
One caveat that matters: these distributions are variable. Option-premium income rises and falls with market volatility and how the calls are struck, so the monthly check changes month to month. The 14.22% run-rate is a snapshot of the latest payout, not a fixed coupon. Treat it as the latest actual, not a guarantee.
