Symbols

SDY

State Street SPDR S&P Dividend ETF·NYSE

--(--)

Key Stats

Assets Under Management

20.02BUSD

Fund Flows (1Y)

-1.30BUSD

Dividend Yield

2.59%

Discount/Premium to NAV

0.00%

Shares Outstanding

142.90M

Expense Ratio

0.35%

About State Street SPDR S&P Dividend ETF

Issuer

State Street Global Advisors

Brand

SPDR

Home Page

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

Inception Date

Nov 8, 2005

Structure

Open-Ended Fund

Index Tracked

S&P High Yield Dividend Aristocrats 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)

SDY takes dividend sustainability screens to an extreme level, only holding firms that have increased dividends for the past 20 years. The highest yielding firms are then weighted by dividend yield. The resulting portfolio often has a lower portfolio yield than our high-yield benchmark and leans toward midcaps. Sector exposures vary widely in the high dividend space, SDY generally skimps on tech firms given that few can meet its 20-year screen. Like our benchmark, SDY includes REITs, contributing to the financial sector allocation. Within the high dividend space, SDY boosts a long track record.