ETF profile for State Street US Equity Premium Income ETF (SPIN) from the issuer: top holdings, net assets, expense ratio and shares outstanding.
SPIN ETF Profile
| Family: |
State Street (SPDR) |
| Name: |
State Street US Equity Premium Income ETF |
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| Inception Date: |
4-Sep-2024 |
| Termination Date: |
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| Investment Objective: |
State Street US Equity Premium Income ETF seeks to provide current income while maintaining prospects for long term growth of capital. The fund invests, under normal circumstances, 80% of the Fund's net assets (plus any borrowings for investment purposes) in a combination of equity securities of U.S. companies and investments that produce premium income. The Fund considers a company to be a U.S. company if it (i) generates at least 50% of its revenues or profits from business activities in the U.S., (ii) has at least 50% of its assets situated in the U.S., or (iii) has the principal trading market for its securities in the U.S. At times, the Fund's investments may be focused in one or more market sectors. The Fund seeks to achieve its investment objective by (1) creating an actively managed portfolio of equity securities that primarily include common stocks of large and medium capitalization U.S. companies and (2) selling call options (a type of derivative instrument) to generate additional income, including call options on a U.S. large capitalization equity index, such as the S&P 500 Index, and call options on exchange-traded funds that seek to track a U.S. large capitalization equity index. |
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| Prospectus |
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| Top 10 Holdings |
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| NVIDIA CORP |
NVDA |
8.8078% |
| MICROSOFT CORP |
MSFT |
7.8571% |
| APPLE INC |
AAPL |
6.2619% |
| AMAZON.COM INC |
AMZN |
5.0958% |
| ALPHABET INC CL A |
GOOGL |
4.6679% |
| BROADCOM INC |
AVGO |
3.2554% |
| META PLATFORMS INC CLASS A |
META |
2.9365% |
| ELI LILLY + CO |
LLY |
2.4808% |
| MICRON TECHNOLOGY INC |
MU |
2.2892% |
| JPMORGAN CHASE + CO |
JPM |
2.1847% |
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Top 10 Holdings Weight: |
45.8% |
| Number of Holdings: |
99 |
| Shares Outstanding: |
1,370,000 |
| Total Net Assets: |
45,730,600 |
| NAV: |
33.29 |
| Net Expense Ratio: |
0.25% |
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| Asset Class: |
Equities (Stocks) |
| Developed or Emerging: |
Developed Market Funds |
| Country: |
US |
| Region: |
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| Strategy: |
Covered Call Strategy |
| Currency: |
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| Sector: |
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| Industry: |
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| Dividend Type: |
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| Maturity Duration: |
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| Market Cap: |
Large & Mid Cap |
| Credit Quality: |
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| Leverage Direction/Factor: |
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| Is Currency Hedged: |
No |
| US or Ex-US: |
Domestic |