State Street Utilities Select Sector SPDR Premium Income ETF
XLUI
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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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
- The Utilities Select Sector SPDR Premium Income Fund (XLUI) is an actively managed exchange-traded fund that seeks to deliver current income while pursuing long-term capital growth through a premium income strategy. The fund primarily allocates at least 80% of its net assets to utilities-related securities, leveraging a combination of equity investments in utilities companies and income-generating strategies, including the sale of near-term call options to enhance income. XLUI predominantly invests in the Utilities sector of the S&P 500, as defined by GICS, and achieves exposure through holdings in the Utilities Select Sector SPDR Fund (XLU) with an aim of blending stable utility equity exposure with income generation. Headquartered in the United States, XLUI launched in 2025 and operates with a structure that emphasizes diversification within the utilities landscape, including electric utilities, water utilities, multi-utilities, independent power producers, renewable energy, and gas utilities. The fund’s objective is to provide current income to shareholders while maintaining potential for long-term capital appreciation, balancing yield with growth through an options strategy and a core equity position in ULU-listed utilities stocks. The strategy targets institutional and affluent investors seeking stable income within a defensive sector, while retaining upside potential from equity participation in a broad utilities universe. Founding and structure XLUI is created and managed by a major American asset manager, acting as a fund of funds that seeks to replicate and complement the performance of the underlying XLFS ecosystem of utilities equities. The fund maintains geographic concentration in the United States, with primary investments in U.S.-listed utilities equities and related derivatives, and may engage in strategic overlays to manage risk and enhance income. The issuer emphasizes transparent disclosure of holdings, premium income generation, and compliance with applicable investment guidelines to preserve liquidity and accessibility for institutional and retail investors. Recent developments and changes In its initial phase, XLUI adopts an income-focused mandate with an emphasis on premium income generation through a call option program integrated with a core utilities equity exposure. The fund’s recent 1–2 year trajectory includes partnerships and strategic alignments with index and ETF ecosystems to enhance tradeability and liquidity, as well as potential product enhancements that broaden income-generation capabilities through structured overlay strategies. XLUI also emphasizes streamlined access across multiple U.S. markets and brokerage platforms, reflecting ongoing efforts to improve client reach and operational efficiency.