# State Street Technology Select Sector SPDR Premium Income ETF (XLKI): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/xlki for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: SPDR · Asset class: Equity - Strategy: Options Income · Inception: 2025-07-29 The State Street Technology Select Sector SPDR Premium Income ETF, identified by its ticker XLKI, functions as an exchange-traded fund (ETF) that was launched by SSGA Funds Management, Inc. It primarily directs its investments toward publicly traded equities within the United States, with a specific focus on enterprises operating across the information technology sectors. The fund employs a multifaceted investment approach, engaging in direct stock purchases, allocations through other funds, and the strategic use of derivatives. Its target companies are large-capitalization firms that displ... ## Key Facts | Metric | Value | |---|---| | Price | $25.43 | | Expense Ratio | 0.35% | | Assets Under Management | $30.9M | | NAV | $25.29 | | Holdings Count | 6 | | Distribution Yield (TTM) | 19.00% | | Annual Distribution (TTM) | $4.83 /share | | Distribution Frequency | Monthly | | 52-Week Range | $22.83 – $28.26 | | Beta | 1.17 | ## Latest Distribution - Amount: $0.3126 /share - Ex-date: 2026-10-01 - Pay date: 2026-10-05 ## Frequently Asked Questions ### What does XLKI invest in? The State Street Technology Select Sector SPDR Premium Income ETF, identified by its ticker XLKI, functions as an exchange-traded fund (ETF) that was launched by SSGA Funds Management, Inc. It primarily directs its investments toward publicly traded equities within the United States, with a specific focus on enterprises operating across the information technology sectors. The fund employs a multifaceted investment approach, engaging in direct stock purchases, allocations through other funds, and the strategic use of derivatives. Its target companies are large-capitalization firms that display attributes of both growth and value. A key component of its portfolio construction involves leveraging derivatives, such as options, which are designed to mirror the performance of The Technology Select Sector SPDR Fund. Established on July 29, 2025, the fund is officially registered and operates from within the United States. ### What is the expense ratio of XLKI? State Street Technology Select Sector SPDR Premium Income ETF (XLKI) charges an expense ratio of 0.35%. This is the annual fee deducted from fund assets to cover management and operations. ### What is XLKI's distribution yield? XLKI's trailing-twelve-month yield is 19.00%, calculated from the sum of distributions over the past year divided by the current price. ### How does XLKI's covered-call strategy work? XLKI sells call options against the stocks (or index) it holds, collecting premium income that gets passed through to shareholders as distributions. The strategy generates above-market income in flat or rising markets but caps upside. When the underlying rallies past the strike, the gains above the strike go to the option buyer, not the fund. ### How big is XLKI? State Street Technology Select Sector SPDR Premium Income ETF (XLKI) manages $30.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is XLKI actively managed or an index fund? XLKI's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### Does XLKI pay a distribution? Yes, State Street Technology Select Sector SPDR Premium Income ETF (XLKI) distributes distributions to shareholders. The trailing-twelve-month yield is 19.00%. Full distribution history is on this page. ### How often does XLKI pay distributions? State Street Technology Select Sector SPDR Premium Income ETF pays distributions Monthly. Each ex-dividend date, record date, and payment date is listed in the distribution history table on this page. ### When is XLKI's next ex-distribution date? The most recently announced ex-distribution date for XLKI was 2026-10-01. The next ex-date typically follows Monthly; once announced it appears at the top of the distribution history table on this page. ### Is XLKI's distribution sustainable? Covered-call ETFs like XLKI fund their distributions from option premium income. Sustainability depends on (1) whether option premiums stay high enough to cover the announced rate, and (2) whether NAV holds up over time. The NAV Erosion section on this page contrasts total return with price change since inception. If distributions consistently exceed total return, the fund is paying out capital rather than income. ### How much will XLKI's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.35% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does XLKI charge its expense ratio? The expense ratio is deducted in tiny daily slices from XLKI's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does XLKI cost more than a fund like VOO? XLKI is an options-income fund (current expense ratio 0.35%). Covered-call and 0DTE strategies require active option-writing, daily rebalancing, and dedicated risk management. They cost more than passive equity funds. The Cost Verdict card compares XLKI against the options-income cohort, not VOO. ### Are XLKI's distributions taxed at ordinary income or qualified-dividend rates? XLKI's option-premium distributions are typically classified as ordinary income (NOT the qualified-dividend rate), so they're taxed at your marginal federal rate plus state. For a 24% bracket investor that's roughly 2x the 15% long-term capital gains rate most dividend investors are used to. The Fee Compounding Forecast card above lets you layer in this tax drag alongside the fund fee. Consult a tax advisor. This is not tax advice. ### Are there cheaper alternatives to XLKI? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as XLKI (0.35%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/xlki - Distribution history: https://www.dividenddata.com/funds/xlki/dividend - Holdings & diversification: https://www.dividenddata.com/funds/xlki/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/xlki/expenses - Peer comparison: https://www.dividenddata.com/funds/xlki/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.