Key stats
About SSGA Active Trust SPDR SSGA US Equity Premium Income ETF
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Inception date
Sep 4, 2024
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
Primary advisor
SSgA Funds Management, Inc.
Distributor
State Street Corp. (Fund Distributor)
SPIN combines long-term equity growth potential with premium-generating investments. The strategy focuses on large- and mid-cap US stocks and includes call option writing. Stock selection is based on fundamental research, targeting companies with attractive valuations, strong capital structures, and effective management. In an attempt to generate incremental income, SPIN employs a laddering technique, writing short-term call options with staggered expiration dates, typically around one month, allowing for flexibility in rolling positions. These options, which may include FLEX options, are written on large-cap US ETFs or indices such as the S&P 500. Strike prices are set using a proprietary risk assessment that considers factors like market volatility and investor sentiment. Additionally, futures contracts may be used to manage cash flows. Investors should note that naked call writing is a high-risk options strategy.
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Finance
Retail Trade
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.