Symbols

EDIV

State Street SPDR S&P Emerging Markets Dividend ETF·NYSE

--(--)

Key Stats

Assets Under Management

1.13BUSD

Fund Flows (1Y)

434.96MUSD

Dividend Yield

4.38%

Discount/Premium to NAV

1.36%

Shares Outstanding

27.30M

Expense Ratio

0.49%

About State Street SPDR S&P Emerging Markets Dividend ETF

Issuer

State Street Global Advisors

Brand

State Street

Home Page

https://www.ssga.com/us/en/intermediary/etfs/state-street-spdr-sp-emerging-markets-dividend-etf-ediv

Inception Date

Feb 23, 2011

Structure

Open-Ended Fund

Index Tracked

S&P Emerging Markets Dividend Opportunities Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

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)

EDIV departs significantly from market-like coverage as it pursues dividends in emerging markets. The fund seeks to deliver a portfolio of 100 high-yielding common stocks by ranking securities based on risk-adjusted yield, and screening for positive earnings-per-share and stable 3-year dividend growth. Stocks are then weighted by their 12-month dividend yield, subject to single security and country/sector weight caps of 3% and 25%, respectively. EDIV shows a bias toward mid and small-caps rather than a more market-like bulge toward larger firms. The fund also comes with country and sector bets, with financials and energy companies taking a back seat in favor of tech and utilities. The index is reconstituted annually and rebalanced semi-annually.