SPDR S&P Dividend ETF (SDY)

Overview

The fund is a financial instrument that seeks to provide investment returns by mimicking the performance of high dividend yielding stocks within the S&P Composite 1500® Index. This Index is a combination of stocks that are notable for their long-standing practice of consistently increasing dividends for at least two decades. The focus of the fund is to commit at a minimum, 80% of its assets, to the securities that form part of the index it tracks, aiming to offer investors a reliable source of dividend income alongside the potential for capital appreciation.

Products and Services

• High Dividend Yield Securities:

  This product focuses on investing predominantly in securities that are a part of the index known for their high dividend yield. These are companies within the S&P Composite 1500® Index that have a record of continuously increasing their dividends every year for a minimum of 20 years. This approach is intended for investors seeking steady income through dividends alongside the potential for capital growth.

• Managed-Dividends Policy Investment:

  Targeting entities that have not only demonstrated a capacity to pay dividends but have also consistently increased their dividend payouts for at least 20 consecutive years. This product caters to investors who prioritize income stability and growth from companies with sustainable business models and financial health, reflective of their long-term dividend-increasing policies.