State Street Materials Select Sector SPDR Premium Income ETF
XLBI
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 1 Iron Street Boston MA United States of America 2210
- IPO Date
- Jul 30, 2025
- Website
- ssga.com
- Similar Companies
- Business
- State Street Materials Select Sector SPDR Premium Income ETF is an exchange-traded fund sponsored by SSGA Funds Management, Inc., a State Street Global Advisors affiliate, that seeks to provide exposure to the U.S. materials sector while generating premium income through an options-based strategy. Launched in 2025 and headquartered in Boston, Massachusetts, the fund primarily invests in the Materials Select Sector SPDR Fund and overlays a short-dated call option strategy, holding a small cash or money market allocation as needed. Its portfolio is concentrated in the materials sector, with underlying exposure to large-cap U.S. companies engaged in chemicals, construction materials, containers and packaging, metals and mining, paper and forest products, and related industries, and it is designed for investors seeking sector exposure with incremental income potential. Recent publicly available information indicates the fund was introduced as part of State Street’s Select Sector SPDR Premium Income suite, representing a strategic expansion of the firm’s income-oriented ETF lineup and derivative-income offerings, with the fund’s structure and holdings reflecting active management and ongoing portfolio adjustments since inception.