Symbols

SPYD

State Street SPDR Portfolio S&P 500 High Dividend ETF·NYSE

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Key Stats

Assets Under Management

7.64BUSD

Fund Flows (1Y)

394.37MUSD

Dividend Yield

4.16%

Discount/Premium to NAV

-0.02%

Shares Outstanding

163.65M

Expense Ratio

0.07%

About State Street SPDR Portfolio S&P 500 High Dividend ETF

Issuer

State Street Global Advisors

Brand

SPDR

Home Page

https://www.ssga.com/us/en/intermediary/etfs/state-street-spdr-portfolio-sp-500-high-dividend-etf-spyd

Inception Date

Oct 21, 2015

Structure

Open-Ended Fund

Index Tracked

S&P 500 High Dividend 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)

SPYD offers a no-nonsense approach to high yield in the US large-cap space. The fund ranks all dividend payers in the S&P 500 by indicated yield (the most recent dividend, multiplied by dividend frequency, divided by share price) and selects the top 80. SPYD does not include any of the dividend sustainability or quality screens that are baked into some peer ETFs. SPYD equally weights its portfolio while some similar, income-focused funds weight by yield. It is worth noting that SPYD is placed in the large-cap segment due to its S&P 500 univers.