State Street Global Advisors (SSGA) begun trading the SPDR S&P 500 High Dividend ETF (NYSEArca: SPYD)  on Thursday, October 22, 2015.

 

FUND INFORMATION:

Symbol: SPYD	Exchange: NYSE Arca
Name: SPDR S&P 500 High Dividend ETF	Net Expense Ratio: 0.12%

 

FUND OBJECTIVE:
The SPDR S&P 500 High Dividend ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P 500 High Dividend Index.

REFERENCE INDEX:
The S&P 500 High Dividend Index is designed to measure the performance of the top 80 dividend-paying securities listed on the S&P 500 Index, based on dividend yield.
The S&P 500 Index focuses on the large capitalization U.S. equity market, including common stock and real estate investment trusts (REITs). To determine dividend yield:
(i) an indicated dividend is measured by taking the latest dividend paid (excluding special payments) multiplied by the annual frequency of the payment; and
(ii) the indicated dividend is then divided by the company’s share price at the date of rebalancing.
Index constituents are equally weighted and the Index is rebalanced semi-annually, in January and July. As of September 30, 2015, a significant portion of the Index comprised companies in the utilities and financial sectors, although this may change from time to time.

 

Index Top Holdings (09/30/2015):

AGL Resources Inc	1.68%
Teco Energy Inc	1.59%
Sysco Corp	1.43%
Wec Energy Group Inc	1.40%
Consolidated Edison Inc	1.39%
Pinnacle West Capital	1.37%
Public Storage	1.37%
Ameren Corporation	1.36%
Reynolds American Inc	1.36%
PPL Corp	1.36%

 

Index Top Sectors (09/30/2015):

Utilities	30.70%
Financials	19.90%
Energy	11.40%
Consumer Discretionary	9.70%
Consumer Staples	6.50%
Industrials	6.20%
Information Technology	5.00%
Telecommunication Services	4.90%
Health Care	3.30%
Materials	2.40%

 

Useful Links:
SPYD Home Page

 

 

Category: Equities> Regions> USA> US Income> US Dividends