Select Sector SPDR Trust (The) The Industrial Select Sector SPDR Premium Income Fund
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About Select Sector SPDR Trust (The) The Industrial Select Sector SPDR Premium Income Fund
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Inception date
Jul 29, 2025
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
SSgA Funds Management, Inc.
Distributor
State Street Corp. (Fund Distributor)
XLII seeks to generate current income while allowing for long-term capital growth through a mix of equity investments and an options-based overlay. The fund primarily invests in shares of the Industrial Select Sector SPDR Fund (XLI), an ETF that tracks a market cap weighted index of S&P500 industrial companies as defined by GICS, covering areas such as aerospace and defense, machinery, transportation, electrical equipment, and related services. Additional income is created by selling listed and FLEX call options with maturities typically under one year. Strike prices are chosen using option delta, which reflects how an options value responds to changes in price, time, and volatility, allowing the fund to seek a balance between premium income and potential equity appreciation. Short option positions are actively managed and generally rolled before expiration based on market and liquidity conditions, and the fund may hold different strike prices at the same time.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF99.83%
Mutual fund0.58%
Rights & Warrants−0.42%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
XLII invests in funds. The fund's major sectors are ETF, with 99.83% stocks, and Mutual fund, with 0.58% of the basket. The assets are mostly located in the North America region.
XLII assets under management is 985.43 K USD. It's fallen 1.46% over the last month.
XLII fund flows account for 0.00 USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, XLII doesn't pay dividends to its holders.
XLII shares are issued by State Street Corp. under the brand SPDR. The ETF was launched on Jul 29, 2025, and its management style is Active.
XLII expense ratio is 0.35% meaning you'd have to pay 0.35% of your investment to help manage the fund.
XLII follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
XLII invests in funds.
XLII trades at a premium (0.06%) meaning the ETF is trading at a higher price than the calculated NAV.