SPYD: New High-Dividend S&P 500 ETF by State Street

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



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


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.

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

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