- What does XLUI invest in?
- Administered by SSGA Funds Management, Inc., the State Street Utilities Select Sector SPDR Premium Income ETF is an exchange-traded fund (ETF) primarily focused on the U.S. public equity landscape. Its investment strategy is to concentrate on large-capitalization companies operating within the utilities sector, seeking both growth and value opportunities. The fund employs a multifaceted approach to portfolio construction, which includes direct investments in equities, allocations through other funds, and the tactical utilization of derivatives. Specifically, it uses options that are designed to track the performance of The Utilities Select Sector SPDR Fund. This U.S.-domiciled ETF was formally established on July 29, 2025.
- What is the expense ratio of XLUI?
- State Street Utilities Select Sector SPDR Premium Income ETF (XLUI) charges an expense ratio of 0.35%. This is the annual fee deducted from fund assets to cover management and operations.
- What is XLUI's distribution yield?
- XLUI's trailing-twelve-month yield is 15.16%, calculated from the sum of distributions over the past year divided by the current price.
- How does XLUI's covered-call strategy work?
- XLUI 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 XLUI?
- State Street Utilities Select Sector SPDR Premium Income ETF (XLUI) manages $26.6M 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 XLUI actively managed or an index fund?
- XLUI's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
