Core Insights - Investors are facing declining yields on cash-equivalent investments as the Federal Reserve lowers interest rates, with current high-yield savings accounts yielding between 4.20% and 4.30% [1] - The NEOS Enhanced Income 1-3 Month T-Bill ETF (CSHI) offers a distribution rate of 5.12%, making it an attractive option for investors seeking better returns [2][4] Investment Landscape - CSHI, with $677.55 million in assets, is a well-timed ETF that has remained relevant since its launch in 2022, particularly as the Fed eases monetary policy [2] - There is over $7 trillion in cash-equivalent investments, with a significant portion expected to shift as interest rates decline, presenting an opportunity for CSHI [5][6] Strategy and Performance - CSHI enhances income from one- to three-month T-bills through a unique put-focused options strategy, which includes selling S&P 500 puts, thereby increasing its yield potential [7] - Maintaining a position in CSHI allows investors to capture attractive yields while keeping capital available for potential market dips [3][4]