State Street Energy Select Sector SPDR Premium Income ETF
XLEI
New York Stock Exchange Arca- -
USD
- -
- -
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
- CIK
- 0001064641
- Website
- ssga.com
- Similar Companies
- Business
- State Street Energy Select Sector SPDR Premium Income ETF (Ticker: XLEI) is an actively managed exchange-traded fund that seeks current income while offering potential for long-term capital growth through a combination of equity investments in the U.S. energy sector and an options call strategy. The fund primarily invests in shares of the Energy Select Sector SPDR Fund (XLE), an ETF that tracks a market cap-weighted index of S&P 500 energy companies as classified by the Global Industry Classification Standard (GICS), including industries such as oil, gas, and consumable fuels, as well as energy equipment and services; generates additional income by selling short-dated call options, which may include listed and FLEX Options with expiration dates of less than one year, with strike prices set using option delta to measure sensitivity to price, time, and volatility changes; typically rolls short option positions before expiration based on market and liquidity conditions; and may additionally hold options with different strike prices simultaneously, directly invest in energy stocks, or use futures contracts. The fund was launched on July 29, 2025, representing a major recent product offering from State Street Global Adventures, and trades on the NYSE American under the ticker XLEI; it is domiciled in the United States, available for sale exclusively in the U.S. market, and managed by Emiliano Rabinovich, Raymond Donofrio, and Juan Acevedo since inception. State Street Energy Select Sector SPDR Premium Income ETF operates under the SPDR brand, is issued by State Street Corporation, with primary advisory by SSgA Funds Management, Inc. and distribution by State Street Corp.; it targets income-seeking investors seeking exposure to the U.S. energy sector through a derivative income strategy, with a net expense ratio of 0.35%, total net assets of approximately $1.27 million USD as of mid-2025, and 99.12% of its portfolio allocated to U.S. stocks with 102.13% exposure to the energy sector through its fund-of-funds structure and derivatives positioning.