The State Street SPDR Russell 1000 Yield Focus ETF (ONEY) was launched on December 2, 2015, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Value segment of the US equity market.
Launched on 12/02/2015, the State Street SPDR Russell 1000 Yield Focus ETF (ONEY) is a smart beta exchange traded fund offering broad exposure to the Style Box - Large Cap Value category of the market.
The SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) harvests income from large-cap American stocks by screening the Russell 1000 for companies combining high yield with quality and low financial risk.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| DI David Izzi Brown, LISLE/CUMMINGS Inc. | 4,925 | $485,238.84 | $640,742.5 | $155,503.66 | 32.05% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 268 | $30,341.08 | $34,822.58 | $4,481.5 | 14.77% |
| WDW William Dudley Webb Jr. WORLD EQUITY GROUP Inc. | 7,526 | $894,340.96 | $978,041.33 | $83,700.37 | 9.36% |
Kyle P. Smith NewEdge Wealth LLC | 2,868 | $344,303.4 | $372,883.02 | $28,579.62 | 8.3% |
| RS Richard Slavik Newbridge Financial Services Group Inc. | 250 | $28,040 | $32,448.75 | $4,408.75 | 15.72% |
| ARCA Exchange | US Country |
The company operates as an investment fund focusing on large-capitalization U.S. equity securities. By employing a strategy that seeks to invest primarily in securities that reflect a combination of core factors, including high value, high quality, and low size characteristics, the fund aims to leverage these aspects to achieve better performance. Additionally, it places significant emphasis on securities that offer high yield characteristics, indicating a preference for investments that promise higher returns in the form of dividends. The fund's investment approach is to maintain at least 80% of its assets in securities that form part of the index it tracks, which is specifically designed to mirror the performance of a market segment aligning with the fund's investment criteria.
This product focuses on investing in large-capitalization U.S. equity securities that show a strong combination of core factors. These factors include high value, indicating stocks that are priced lower than their intrinsic value; high quality, which involves companies with stable earnings and low debt; and low size characteristics, preferring companies with a smaller market capitalization that possess the potential for growth. The product aims to capitalize on the holistic strength these factors provide, aiming for robust long-term returns.
Alongside its focus on core factors, the fund emphasizes investments in securities that offer high yield characteristics. This service is designed for investors seeking income through dividends, without forgoing the potential for capital appreciation. By targeting large-cap U.S. equities that promise higher-than-average dividends, the fund positions itself to attract those interested in deriving a steady income from their investments, alongside the opportunity for asset growth.