The State Street SPDR Portfolio S&P 500 High Dividend ETF (SPYD) was launched on 10/21/2015, and is a smart beta exchange traded fund designed to offer broad exposure to the Style Box - Large Cap Value category of the market.
If you're interested in broad exposure to the Large Cap Value segment of the US equity market, look no further than the State Street SPDR Portfolio S&P 500 High Dividend ETF (SPYD), a passively managed exchange traded fund launched on October 21, 2015.
State Street SPDR Portfolio S&P 500 High Dividend ETF earns a hold rating due to its high yield but flawed selection methodology. SPYD's 4% yield and heavy real estate exposure make it attractive for income-focused investors but expose it to interest rate sensitivity and underperformance versus peers. The fund's focus on yield over fundamentals increases the risk of yield traps and limits dividend growth potential, with only a 4.52% three-year dividend CAGR.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 16,862 | $728,123.94 | $834,669 | $106,545.06 | 14.63% |
Curtis Ellergodt Rothschild Investment LLC | 8,768 | $354,624.46 | $437,347.84 | $82,723.38 | 23.33% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 581,680 | $27.75M | $29.03M | $1.27M | 4.59% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 87,016 | $3.87M | $4.34M | $466,311.35 | 12.04% |
| RS Ramu Singh CALTON & ASSOCIATES Inc. | 84,488 | $3.61M | $4.22M | $607,269.84 | 16.82% |
| ARCA Exchange | US Country |
The fund described is an investment vehicle that primarily focuses on generating returns through investments in high dividend-yielding companies within the S&P 500® Index. The S&P 500 is a prominent index, representing large-capitalization U.S. equity markets, including sectors such as common stock and real estate investment trusts (REITs). The fund mandates a significant portion of its total assets, at least 80%, to be invested in securities that are part of the index it tracks. This index specifically measures the performance of 80 high dividend-yielding companies, indicating a strategy focused on income generation through dividends in addition to potential capital appreciation.
This service focuses on investing in securities that form part of an index measuring the performance of 80 high dividend-yielding companies within the S&P 500®. These investments aim to provide investors with a steady income stream through dividends, alongside the opportunity for long-term capital growth.
As part of its core strategy, the fund invests substantially all its assets in securities that comprise the index tracking the S&P 500, but with a focus on the segment representing high dividend yields. The S&P 500 Index is known for including large capitalization U.S. equity markets, such as common stocks and REITs, providing a diverse exposure to potential investors.