SPDR SSGA US Equity Premium Income ETF logo

SPDR SSGA US Equity Premium Income ETF (SPIN)

Market Closed
17 Jul, 20:00
BATS BATS
$
32. 18
-0.37
-1.1457%
$
24.86M Market Cap
2.09% Div Yield
2,700 Volume
$ 32.56
Previous Close
Investors:
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Day Range
32.18 32.35
Year Range
29.64 33.2
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SPIN: The Overlooked 8% Yielding Covered Call ETF Income Investors Are Sleeping On

SPIN: The Overlooked 8% Yielding Covered Call ETF Income Investors Are Sleeping On

State Street's US Equity Premium Income ETF offers an 8% yield and has outperformed some popular covered calls in the past 6 months. SPIN employs an actively managed covered call strategy, holding U.S. large- and mid-cap equities and writing short-term call options to generate income. Technology, Financials, and Communication Services are the fund's largest sector exposures, with top holdings including NVDA, AMZN, MSFT, GOOGL, and AAPL.

Seekingalpha | 6 months ago