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Trending ETFs

Name

As of 05/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$31.31

$74.3 M

3.16%

$0.99

0.50%

Vitals

YTD Return

1.7%

1 yr return

9.5%

3 Yr Avg Return

0.3%

5 Yr Avg Return

3.5%

Net Assets

$74.3 M

Holdings in Top 10

97.7%

52 WEEK LOW AND HIGH

$31.3
$27.78
$31.39

Expenses

OPERATING FEES

Expense Ratio 0.50%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 60.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 05/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$31.31

$74.3 M

3.16%

$0.99

0.50%

INKM - Profile

Distributions

  • YTD Total Return 1.7%
  • 3 Yr Annualized Total Return 0.3%
  • 5 Yr Annualized Total Return 3.5%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 4.02%
DIVIDENDS
  • Dividend Yield 3.2%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    SPDR SSGA Income Allocation ETF
  • Fund Family Name
    State Street Global Advisors - advised funds
  • Inception Date
    Apr 25, 2012
  • Shares Outstanding
    3070000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Jeremiah Holly

Fund Description

SSGA Funds Management, Inc. (the Adviser or SSGA FM) primarily invests the assets of the Fund among exchange traded products (ETPs) that provide exposure to five primary asset classes: (i) domestic and international equity securities; (ii) domestic and international investment-grade and high yield debt securities (commonly known as junk bonds); (iii) hybrid equity/debt securities (such as preferred stock and convertible securities); (iv) first lien senior secured floating rate bank loans, commonly referred to as Senior Loans; and (v) real estate investment trusts REITs), including equity REITs and mortgage REITs. The Fund's allocation among those asset classes will be in proportions consistent with the Adviser's evaluation of the expected returns and risks of each asset class as well as the allocation that, in the Adviser's view, will best meet the Fund's investment objective. The Adviser's investment process relies on proprietary quantitative models as well as the Adviser's fundamental views regarding factors that may not be captured by the quantitative models. The allocations to each asset class will change over time as the Adviser's expectations of each asset class shift. The Fund's indirect holdings by virtue of investing in ETPs representing these asset classes will consist of a diversified mix of domestic and international, including emerging markets, equity securities, investment-grade and high yield government and corporate bonds, hybrid securities such as preferred stock and convertible securities, inflation protected securities, Senior Loans and REITs.
ETPs in which the Fund invests include exchange-traded funds registered under the Investment Company Act of 1940, as amended (the 1940 Act) (Underlying ETFs), and exchange traded notes (ETNs). The Fund may invest in certain ETPs that pay fees to the Adviser and its affiliates for management, marketing or other services. In addition, the Fund may invest in cash and cash equivalents or money market instruments, such as money market funds (including money market funds advised by the Adviser).
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INKM - Performance

Return Ranking - Trailing

Period INKM Return Category Return Low Category Return High Rank in Category (%)
YTD 1.7% 0.5% 16.7% 90.35%
1 Yr 9.5% 1.0% 33.3% 65.41%
3 Yr 0.3%* -14.0% 7.2% 68.12%
5 Yr 3.5%* -0.9% 7.9% 75.00%
10 Yr 3.7%* 0.9% 8.8% 62.98%

* Annualized

Return Ranking - Calendar

Period INKM Return Category Return Low Category Return High Rank in Category (%)
2023 5.2% -1.3% 27.4% 64.79%
2022 -16.7% -35.0% -7.4% 51.31%
2021 4.5% -11.5% 14.6% 24.57%
2020 -1.2% -10.3% 40.7% 93.57%
2019 12.0% -9.5% 22.1% 17.46%

Total Return Ranking - Trailing

Period INKM Return Category Return Low Category Return High Rank in Category (%)
YTD 1.7% 0.5% 16.7% 90.35%
1 Yr 9.5% 1.0% 33.3% 65.41%
3 Yr 0.3%* -14.0% 7.2% 68.12%
5 Yr 3.5%* -0.9% 7.9% 75.00%
10 Yr 3.7%* 0.9% 8.8% 62.98%

* Annualized

Total Return Ranking - Calendar

Period INKM Return Category Return Low Category Return High Rank in Category (%)
2023 10.3% -1.3% 28.2% 49.06%
2022 -12.6% -35.0% -3.1% 40.38%
2021 8.5% -11.5% 32.0% 33.09%
2020 3.1% -5.4% 40.7% 90.75%
2019 17.1% 4.5% 27.7% 17.20%

INKM - Holdings

Concentration Analysis

INKM Category Low Category High INKM % Rank
Net Assets 74.3 M 244 K 50.8 B 86.65%
Number of Holdings 16 3 5294 77.93%
Net Assets in Top 10 76.7 M 243 K 10.1 B 78.40%
Weighting of Top 10 97.67% 6.4% 127.7% 13.03%

Top 10 Holdings

  1. State Street Navigator Securities Lending Government Money Market Portfolio 14.38%
  2. SPDR Portfolio Long Term Treasury ETF 13.12%
  3. SPDR Bloomberg Emerging Markets Local Bond ETF 12.12%
  4. SPDR Bloomberg High Yield Bond ETF 10.98%
  5. SPDR Blackstone Senior Loan ETF 9.83%
  6. Schwab US Dividend Equity ETF 9.15%
  7. SPDR Portfolio SP 500 High Dividend ETF 9.11%
  8. SPDR SP Global Infrastructure ETF 7.94%
  9. SPDR ICE Preferred Securities ETF 5.99%
  10. SPDR Bloomberg Convertible Securities ETF 5.07%

Asset Allocation

Weighting Return Low Return High INKM % Rank
Stocks
97.88% 0.00% 102.36% 40.52%
Cash
16.49% -35.68% 28.05% 2.35%
Convertible Bonds
2.42% 0.00% 71.77% 14.93%
Preferred Stocks
0.00% 0.00% 21.95% 93.66%
Other
0.00% -0.27% 63.55% 91.08%
Bonds
0.00% 0.00% 80.16% 95.55%

Stock Sector Breakdown

Weighting Return Low Return High INKM % Rank
Real Estate
32.52% 0.00% 43.16% 3.82%
Utilities
19.44% 0.00% 48.33% 2.86%
Energy
10.95% 0.00% 62.93% 8.35%
Financial Services
8.80% 0.00% 83.50% 97.14%
Industrials
8.37% 0.14% 17.90% 87.35%
Healthcare
5.68% 0.00% 24.25% 96.18%
Consumer Defense
5.68% 0.00% 18.62% 87.11%
Communication Services
4.43% 0.00% 11.11% 85.68%
Basic Materials
1.71% 0.00% 32.82% 97.37%
Technology
1.26% 0.22% 27.92% 97.61%
Consumer Cyclical
1.15% 0.00% 14.20% 97.37%

Stock Geographic Breakdown

Weighting Return Low Return High INKM % Rank
US
97.88% 0.00% 102.36% 40.61%
Non US
0.00% 0.00% 23.57% 94.84%

INKM - Expenses

Operational Fees

INKM Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.50% 0.06% 7.81% 89.93%
Management Fee 0.50% 0.00% 1.25% 69.72%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.70% N/A

Sales Fees

INKM Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

INKM Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

INKM Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 60.00% 2.00% 380.00% 76.28%

INKM - Distributions

Dividend Yield Analysis

INKM Category Low Category High INKM % Rank
Dividend Yield 3.16% 0.00% 7.99% 13.35%

Dividend Distribution Analysis

INKM Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Monthly

Net Income Ratio Analysis

INKM Category Low Category High INKM % Rank
Net Income Ratio 4.02% -1.22% 6.83% 4.28%

Capital Gain Distribution Analysis

INKM Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Monthly Semi-Annually

Distributions History

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INKM - Fund Manager Analysis

Managers

Jeremiah Holly


Start Date

Tenure

Tenure Rank

Apr 25, 2012

10.1

10.1%

Jerry is a Vice President at State Street Global Advisors and a Senior Portfolio Manager with the Investment Solutions Group (ISG). In this role, Jerry is responsible for managing a variety of multi-asset class portfolios, including tactical asset allocation strategies and derivatives-based overlay strategies. He is actively involved in the investment research that underpins the team's views across capital markets and also plays a key role in articulating those perspectives and ideas to clients. Before joining the Investment Solutions Group, Jerry was a member of the firm's Consultant Relations department supporting asset allocation and fixed income investment strategies. Prior to joining SSgA in 2005, Jerry worked as a Research Analyst at Chmura Economics & Analytics - an economic research firm in Richmond, Virginia. Jerry graduated from the University of Richmond with a Bachelor of Arts degree in Economics. He earned the Chartered Financial Analyst designation and is a member of both the Boston Security Analysts Society and CFA Institute. Jerry also serves on the Board of Directors for Tutoring Plus of Cambridge, a nonprofit tutoring and mentoring organization based in Cambridge, MA.

Michael Martel


Start Date

Tenure

Tenure Rank

Oct 21, 2014

7.61

7.6%

Mike is a Managing Director of State Street Global Advisors and the Head of Portfolio Management in the Americas for SSGA's Investment Solutions Group (ISG). In this role, he is responsible for the design and management of multi-asset class strategies geared towards meeting the investment objectives of a broad and diverse client base. His work with clients includes aligning assets with long and short-term investment objectives, tactical asset allocation, and employing overlay strategies to enhance return and better manage risks. Prior to this role, Mike led ISG's Exposure Management Team. He has been working in the investment management field since 1992. Mike holds a Bachelor of Arts degree in Economics from the College of the Holy Cross and Master degrees in both Finance and Business Administration from the Carroll School of Management at Boston College.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 28.73 6.41 2.41