Symbols

EEMX

State Street SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF·ARCA

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Key Stats

Assets Under Management

96.17MUSD

Fund Flows (1Y)

-11.14MUSD

Dividend Yield

2.35%

Discount/Premium to NAV

2.52%

Shares Outstanding

2.10M

Expense Ratio

0.30%

About State Street SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF

Issuer

State Street Global Advisors

Brand

State Street

Home Page

https://www.ssga.com/us/en/intermediary/etfs/state-street-spdr-msci-emerging-markets-fossil-fuel-reserves-free-etf-eemx

Inception Date

Oct 24, 2016

Structure

Open-Ended Fund

Index Tracked

MSCI Emerging Markets ex Fossil Fuels 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)

EEMX holds a subset of the MSCI Emerging Markets Index (the parent index), divesting itself of companies that own fossil fuel reserves. The parent index excludes small-cap stocks and provides exposure to across 23 emerging market countries. Fossil fuel reserves are defined as coal, oil, or natural gas reserves for energy purposes. Companies that hold these reserves are removed from the parent index, and the remaining companies are given market-cap-weighting. Firms in the energy, utilities, and diversified metals & mining sector can be included, given that it doesn't own fossil fuel reserves or have businesses from energy application of fossil fuels. Expect minor sector tilts due to the removal of companies that rely on fossil fuels. The index is rebalanced quarterly starting each February.