State Street SPDR Portfolio S&P Sector Neutral Dividend ETF
SPDG
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Theodore S. Janowsky CFA
- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 1 Iron Street Boston MA United States of America 2210
- IPO Date
- Sep 13, 2023
- Website
- ssga.com
- Similar Companies
- Business
- SPDR Series Trust - SPDR Portfolio S&P Sector Neutral Dividend ETF (SPDG) is an exchange-traded fund that seeks to track the performance, before fees and expenses, of the S&P Sector-Neutral High Yield Dividend Aristocrats Index using a representative sampling technique. The fund invests primarily in dividend-paying public equity securities of U.S. companies from the S&P 1500 Composite Index that have maintained or increased their dividends for at least seven consecutive years; it holds growth and value stocks across diversified sectors and market capitalizations, with top holdings including Verizon Communications Inc., Cisco Systems Inc., International Business Machines Corp., Qualcomm Inc., Texas Instruments Inc., Home Depot Inc., Accenture Plc Class A, Bank of America Corp., Analog Devices Inc., and McDonald's Corp. SPDG provides exposure to approximately 278-285 high-yield dividend stocks in a sector-neutral manner, focusing on large-cap companies (weighted average market cap of about $171.5 billion) domiciled predominantly in developed U.S. markets. Launched on September 11, 2023, and domiciled in the United States, SPDG operates as a series of the SPDR Series Trust, an open-end management investment company registered under the Investment Company Act of 1940, with management provided by SSGA Funds Management, Inc., a subsidiary of State Street Global Advisors, Inc. The ETF trades on NYSE Arca and targets investors seeking income from consistent dividend growers independent of sector allocations; its expense ratio stands at 0.05%, with assets under management around $10-10.7 million and a trailing twelve-month dividend yield of approximately 2.85-3.10%. Distributions occur quarterly, with recent payouts including amounts around $0.25-$0.28 per share in late 2024 and early 2025. As a relatively new offering in the large value equity category, SPDG has not reported major acquisitions, partnerships, funding rounds, or strategic shifts within the past 1-2 years beyond ongoing portfolio rebalancing to maintain index alignment; it continues to grow its holdings and assets steadily amid a focus on high-yield dividend aristocrats. The fund emphasizes low-cost, transparent access to U.S. dividend-focused strategies without derivatives, options, or currency hedging, serving retail and institutional investors through standard creation and redemption processes. Geographic operations remain centered on U.S. equities, with negligible emerging market exposure.