MLPI – NEOS MLP & Engy Infras Hi Inc ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to generate high monthly income in a tax efficient manner with the potential for equity appreciation. Under normal circumstances, the fund invests at least 80% of its net assets, plus borrowings for investment purposes, in securities of energy infrastructure MLPs and energy infrastructure companies, which the managers define as those companies included in the MLP & Energy Infrastructure Index. It is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
MLPI	Neos Mlp & Energy Infrastructure High Income ETF	ETF	Open	—	—	Dec 17, 2025	$904.91M	0.680%	—	—	—

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