HOOY

Neo Ivy High Income ETF (HOOY) is an exchange-traded fund designed to generate income through an active strategy based on credit instruments, fixed-income securities, and derivatives linked to the U.S. financial market. The ETF is managed by Neo Ivy Capital Management and trades under the ticker HOOY on NYSE Arca.

Classified as a fixed-income and credit ETF employing an active income strategy, HOOY seeks to generate recurring income, before fees and expenses, through an actively managed portfolio.

The fund does not track a traditional passive benchmark index. Its strategy is discretionary, allowing the manager to select and adjust positions according to market conditions, liquidity, risk, and macroeconomic factors.

The portfolio may include fixed-income instruments, credit assets, derivatives, and financial structures designed to generate income within the U.S. market. 

Composition / Exposure profile

HOOY provides exposure to financial instruments tied to the U.S. fixed-income and credit markets, including assets associated with:

• Fixed income securities.

• Credit instruments.

• Derivative-based strategies.

• Income-oriented financial structures.

• Credit-spread exposure.

The ETF’s behavior is sensitive to U.S. interest rates, credit-market conditions, and American macroeconomic cycles.

Structure and costs

HOOY shares trade on the secondary market on NYSE Arca during regular trading hours. Creation and redemption occur through authorized participants, helping maintain alignment between market price and net asset value.

The fund charges a management fee as outlined in its prospectus and does not apply a performance fee. HOOY may distribute income generated from interest payments, premiums, and revenues derived from portfolio holdings.

History and evolution of the ETF

The Neo Ivy High Income ETF was launched during a period of growing demand for active income strategies and recurring-income investment structures within the U.S. financial market.

Since inception, the fund has reflected movements associated with credit-market conditions, U.S. interest rates, and broader global macroeconomic fluctuations.

In recent years, HOOY has reflected changes in Federal Reserve monetary policy, fluctuations in credit spreads, periods of financial-market volatility, and shifts in liquidity conditions across the U.S. market.

Additional Information

Neo Ivy High Income ETF (United States) is an exchange-traded fund (ETF), with assets under management totaling $95.31 Millions.

Over the past 12 months, Neo Ivy High Income ETF recorded a return of 14.32%, with its price trading between $26.50 and $80.69 during the same period.

The ETF is traded under the ticker HOOY.