State Street Consumer Discretionary Select Sector SPDR Premium Income ETF
XLYI
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
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
FRC
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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 Consumer Discretionary Select Sector SPDR Premium Income Fund (XLYI) is an actively managed ETF that provides exposure to the United States Consumer Discretionary sector while aiming to generate current income and preserve capital growth over time. The fund achieves this by investing in shares of the State Street Consumer Discretionary Select Sector SPDR ETF and selling short-dated call options on the underlying ETF to enhance income generation; this structure combines equity exposure with options-based premium income to balance potential capital appreciation with regular income. Core investment strategy focuses on the broader Consumer Discretionary industry, including specialty and broadline retailers, hotels, restaurants and leisure, textiles, apparel and luxury goods, household durables, automobiles and components, distributors, leisure products, and diversified consumer services, leveraging a premium income approach to supplement traditional equity returns. Geographic operations are centered on the United States, with holdings rooted in U.S. equities representing the sector as defined by the S&P 500 Consumer Discretionary sector, as classified by GICS. The fund is managed by State Street Global Advisors (SSGA) and is designed as a vehicle for investors seeking exposure to the consumer discretionary cycle coupled with potential monthly income through option strategies. Founding and structure details: the product was launched to provide a premium income approach within the sector SPDR framework, aligning with the sponsor’s mandate to offer sector-specific, income-enhanced ETF solutions. Headquarters and primary management are anchored in the United States, with regulatory and distribution channels supporting access to U.S. institutional and retail investors through its sponsor’s platform. Subsidiaries and parent relationships are aligned with State Street Corporation and its SPDR ETF family, positioning XLYI within the broader ecosystem of State Street’s global exchange-traded products. The fund’s offerings are targeted at investors seeking exposure to U.S. consumer discretionary equities with a structured income enhancement mechanism, suitable for income-focused portfolios and diversified asset allocations within equity and currency-hedged or currency-unhedged configurations as market conditions permit. This description reflects the fund’s commitment to combining sector exposure with disciplined option-based income generation to support total return objectives in a low-yield environment.