Symbols

INKM

State Street Income Allocation ETF·ARCA

--(--)

Key Stats

Assets Under Management

68.19MUSD

Fund Flows (1Y)

-7.62MUSD

Dividend Yield

5.09%

Discount/Premium to NAV

-0.09%

Shares Outstanding

2.06M

Expense Ratio

0.50%

About State Street Income Allocation ETF

Issuer

State Street Global Advisors

Brand

SPDR

Home Page

https://www.ssga.com/us/en/intermediary/etfs/state-street-income-allocation-etf-inkm

Inception Date

Apr 25, 2012

Structure

Open-Ended Fund

Index Tracked

Management Style

Active

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)

INKM offers diverse exposure to income-generating securities across asset classes and geographic boundaries. These include equities, investment-grade debt, junk bonds, preferreds, convertibles, REITs and TIPS. The actively-managed fund get this broad exposure using a proprietary quantitative models as well the fund adviser's fundamental views on qualitative factors to allocate exposure to these asset classes via ETFs. As one might expect, State Street ETFs dominate the portfolio, but the giant issuer's roster is deep enough that this bias shouldn't be a fundamental detraction. Indeed, the fund's diverse holdings include locally denominated emerging-market debts, international-sector equities, and Treasury ETFs according to State Street.