SPDR® SSGA Income Allocation ETF INKM

NAV
$30.79
as of Dec 01 2022
Base Currency
USD
Assets Under Management
$84.67 M
as of Dec 01 2022
Gross Expense Ratio
0.50%

Key Features


  • The SPDR® SSGA Income Allocation ETF seeks to provide total return by focusing on investment in income and yield-generating assets
  • Actively managed fund that pursues total return, primarily through investing in asset classes that produce current income
  • Combines tactical allocations among US government and corporate bonds; US convertible and preferred securities; global REITs; and domestic and international equities with a focus on dividends
  • Tactical, active management presents opportunities to add value as markets change

About the Primary Benchmark


The MSCI World Index is a free float-adjusted market capitalization weighted index that is designed to measure the large and mid-cap equity market performance of developed markets.


About the Secondary Benchmark


The Bloomberg Long Government/Credit Index measures the investment return of all medium and larger public issues of U.S. Treasury, agency, investment-grade corporate, and investment-grade international dollar-denominated bonds with maturities longer than 10 years. The average maturity is approximately 20 years.


Fund Information as of Dec 04 2022

Primary Benchmark MSCI World Index
Secondary Benchmark Bloomberg US Long Government/Credit Bond Index
Inception Date Apr 25 2012
Options Available No
Gross Expense Ratio
0.50%
Base Currency USD
Administrator State Street Global Advisors Funds Management Inc.
Investment Manager SSGA Funds Management, Inc.
Management Team Investment Solutions Group (ISG)
Distributor State Street Global Advisors Funds Distributors, LLC
Distribution Frequency Quarterly

Listing Information as of Dec 04 2022

Exchange Listing Date Trading Currency Ticker CUSIP ISIN
NYSE ARCA EXCHANGE Apr 26 2012 USD INKM 78467V202 US78467V2025

Fund Characteristics as of Dec 01 2022

Number of Holdings 13

Yields as of Dec 01 2022

30 Day SEC Yield
5.36%
30 Day SEC Yield (Unsubsidized)
-
Fund Distribution Yield
4.56%

Fund Market Price as of Dec 01 2022

Bid/Ask
$30.79
Closing Price
$30.78
Day High $30.78
Day Low $30.66
Exchange Volume (Shares)
463
Premium/Discount
0.01%
30-Day Median Bid/Ask Spread
0.10%

Premium Discount to NAV Graph and Summary

Number of Days Summary

Calendar Year 2021 First Quarter of 2022 Second Quarter of 2022 Third Quarter of 2022
Days Traded at Premium
87 24 30 26
Days Traded at Discount
165 38 32 38

Because ETFs trade like stocks at current market prices, shareholders may pay more than a fund’s NAV when purchasing fund shares and may receive less than a fund’s NAV when selling fund shares.

Before investing, consider the funds' investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 1-866-787-2257 download a prospectus or summary prospectus now, or talk to your financial advisor. Read it carefully before investing.


Fund Net Cash Amount as of Dec 01 2022

Net Cash Amount $4,331,684.58

Fund Net Asset Value as of Dec 01 2022

NAV
$30.79
Shares Outstanding 2.75 M
Assets Under Management $84.67 M

Fund Performance

  • Fund Inception Date: Apr 25 2012

as of Oct 31 2022

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Apr 25 2012
Fund Before Tax
NAV Oct 31 2022 2.34% 2.34% -15.78% -15.37% -1.26% 1.39% 3.24% 3.53%
Market Value Oct 31 2022 2.36% 2.36% -15.79% -15.39% -1.24% 1.39% 3.23% 3.53%
MSCI World Index
Oct 31 2022 7.18% 7.18% -20.07% -18.48% 6.11% 6.37% 8.94% 8.73%
Bloomberg US Long Government/Credit Bond Index
Oct 31 2022 -3.77% -3.77% -31.62% -31.27% -8.51% -2.00% 0.84% 1.65%
Fund After Tax
Return after Taxes on Distributions Oct 31 2022 2.34% 2.34% -16.83% -16.79% -2.79% -0.17% 1.80% 2.07%
Return after Taxes on Distributions and Sale of Fund Shares Oct 31 2022 1.39% 1.39% -9.31% -8.96% -1.46% 0.52% 1.98% 2.20%
MSCI World Index
Oct 31 2022 7.18% 7.18% -20.07% -18.48% 6.11% 6.37% 8.94% 8.73%
Bloomberg US Long Government/Credit Bond Index
Oct 31 2022 -3.77% -3.77% -31.62% -31.27% -8.51% -2.00% 0.84% 1.65%

as of Sep 30 2022

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Apr 25 2012
Fund Before Tax
NAV Sep 30 2022 -7.63% -7.01% -17.71% -16.00% -1.78% 1.03% 3.05% 3.33%
Market Value Sep 30 2022 -7.64% -7.04% -17.73% -16.01% -1.79% 1.04% 3.04% 3.33%
MSCI World Index
Sep 30 2022 -9.30% -6.19% -25.42% -19.63% 4.56% 5.30% 8.11% 8.09%
Bloomberg US Long Government/Credit Bond Index
Sep 30 2022 -8.30% -9.03% -28.94% -27.41% -7.35% -1.17% 1.35% 2.04%
Fund After Tax
Return after Taxes on Distributions Sep 30 2022 -8.06% -7.46% -18.73% -17.41% -3.30% -0.53% 1.61% 1.87%
Return after Taxes on Distributions and Sale of Fund Shares Sep 30 2022 -4.51% -4.14% -10.44% -9.31% -1.83% 0.26% 1.84% 2.05%
MSCI World Index
Sep 30 2022 -9.30% -6.19% -25.42% -19.63% 4.56% 5.30% 8.11% 8.09%
Bloomberg US Long Government/Credit Bond Index
Sep 30 2022 -8.30% -9.03% -28.94% -27.41% -7.35% -1.17% 1.35% 2.04%

Past performance is not a reliable indicator of future performance. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Performance of an index is not illustrative of any particular investment.  All results are historical and assume the reinvestment of dividends and capital gains. It is not possible to invest directly in an index.

Performance returns for periods of less than one year are not annualized.  Performance is shown net of fees.

Index returns are unmanaged and do not reflect the deduction of any fees or expenses. Index returns reflect all items of income, gain and loss and the reinvestment of dividends and other income as applicable.

The market price used to calculate the Market Value return is the midpoint between the highest bid and the lowest offer on the exchange on which the shares of the Fund are listed for trading, as of the time that the Fund's NAV is calculated. If you trade your shares at another time, your return may differ.

Gross Expense Ratio: 0.50%


Top Holdings

Fund Top Holdings as of Dec 01 2022

Name Ticker Shares Held Market Value Weight
SPDR Blackstone Senior Loan ETF SRLN 418,802 17,371,906.00 20.67%
SPDR S&P International Dividend ETF DWX 374,080 12,284,787.00 14.62%
SPDR Bloomberg Emerging Markets Local Bond ETF EBND 417,382 8,535,462.00 10.16%
SPDR Portfolio Long Term Treasury ETF SPTL 282,584 8,435,132.00 10.04%
SPDR Portfolio S&P 500 High Dividend ETF SPYD 172,665 7,205,310.50 8.57%
SPDR S&P Global Infrastructure ETF GII 123,848 6,802,970.50 8.10%
iShares Mortgage Real Estate ETF REM 167,434 4,271,241.50 5.08%
SPDR Bloomberg High Yield Bond ETF JNK 45,276 4,202,971.00 5.00%
SPDR ICE Preferred Securities ETF PSK 120,066 4,144,678.30 4.93%
Ssga Fds/Usa State St Inst Us Gov M Oef 85749270 4,014,292 4,014,291.80 4.78%
SPDR Portfolio Long Term Corporate Bond ETF SPLB 109,777 2,541,337.50 3.02%
SPDR Bloomberg Convertible Securities ETF CWB 37,596 2,505,397.50 2.98%
Invesco KBW Premium Yield Equity REIT ETF KBWY 79,499 1,680,608.90 2.00%
U.S. Dollar CASH_USD 37,340 37,339.87 0.04%
Download All Holdings: Daily

Asset Allocation

Fund Asset Allocation as of Dec 01 2022

Sector Weight
Equity 31.23%
Hy - Loans 25.50%
Investment Grade Bonds 23.47%
Hybrids 7.96%
Global Real Estate 7.04%
Cash 4.80%

Asset Allocation is a method of diversification which positions assets among major investment categories. Asset Allocation may be used in an effort to manage risk and enhance returns.  It does not, however, guarantee a profit or protect against loss.


Purchase Information


Buying and Selling ETFs

ETFs are flexible and easy to trade. Investors buy and sell them like stocks, typically through a brokerage account. Investors can also employ traditional stock trading techniques; including stop orders, limit orders, margin purchases, and short sales using ETFs. They are listed on major US Stock Exchanges.

ETFs are subject to risk similar to those of stocks including those regarding short-selling and margin account maintenance.

Ordinary brokerage commissions may apply.


In general, ETFs can be expected to move up or down in value with the value of the applicable index. Although ETF shares may be bought and sold on the exchange through any brokerage account, ETF shares are not individually redeemable from the Fund. Investors may acquire ETFs and tender them for redemption through the Fund in Creation Unit Aggregations only. Please see the prospectus for more details.

After-tax returns are calculated based on NAV using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor's tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.

Performance of an index is not illustrative of any particular investment. It is not possible to invest directly in an index.

Holdings and sectors shown are as of the date indicated and are subject to change. This information should not be considered a recommendation to invest in a particular sector or to buy or sell any security shown. It is not known whether the sectors or securities shown will be profitable in the future.

Unless otherwise noted all information contained herein is that of the SPDR SSGA Income Allocation ETF.

As with all stocks, you may be required to deposit more money or securities into your margin account if the equity, including the amount attributable to your ETF shares, declines.

"Bloomberg®" and Bloomberg US Long Government/Credit Bond Index are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited ("BISL"), the administrator of the index (collectively, "Bloomberg") and have been licensed for use for certain purposes by State Street Global Advisors. Bloomberg is not affiliated with State Street Global Advisors, and Bloomberg does not approve, endorse, review, or recommend SPDR® SSGA Income Allocation ETF. Bloomberg does not guarantee the timeliness, accurateness, or completeness of any data or information relating to SPDR® SSGA Income Allocation ETF.

Prior to 8/24/2021, the Bloomberg US Long Government/Credit Bond Index was known as the Bloomberg Barclays US Long Government/Credit Bond Index.