TL;DR

• The NEOS Enhanched Income Cash Alternative ETF (NYSE:CSHI) seeks to generate monthly income in a tax-efficient manner.
• The put option strategy allows them to distribute ~1.5% in additional yield while offering a favorable risk-to-reward ratio to investors.
• These mid-single-digit distribution percentages are paid out in the form of cash to shareholders on a monthly basis.

Since debuting on the public markets in Q2 of 2017, the JPMorgan Ultra-Short Income ETF (NYSE:JPST) has grown to become a popular way for investors to generate income inside of their portfolios while maintaining low volatility of their...