SPDR® SSGA Income Allocation ETF INKM

Important Risk Disclosure

NAV

NAV

The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

$34.67

as of Jan 22 2020

Base Currency

USD

Assets Under Management

$143.18 M

as of Jan 22 2020

Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

0.50%


Key Features

Key Features

  • The SPDR® SSGA Income Allocation ETF seeks to provide total return by focusing on investment in income and yield-generating assets. The Fund invests in exchange traded funds registered under the Investment Company Act of 1940, as amended, that seek to track the performance of a market index; exchange traded commodity trusts; and exchange traded notes. The Portfolio may invest in certain ETFs that pay fees to the Adviser and its affiliates for management, marketing or other services (the "Index")
  • 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

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

About the Secondary Benchmark

The Bloomberg Barclays 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 Jan 22 2020

Fund Information as of Jan 22 2020
Primary Benchmark Secondary Benchmark Inception Date Options Available Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

Base Currency Investment Manager
MSCI World Index Bloomberg Barclays US Long Government/Credit Bond Index Apr 25 2012 No 0.50% USD SSGA Funds Management, Inc.
Primary Benchmark MSCI World Index
Secondary Benchmark Bloomberg Barclays US Long Government/Credit Bond Index
Inception Date Apr 25 2012
Options Available No
Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

0.50%
Base Currency USD
Investment Manager SSGA Funds Management, Inc.
Management Team Distributor Distribution Frequency
Investment Solutions Group (ISG) State Street Global Advisors Funds Distributors, LLC Quarterly
Management Team Investment Solutions Group (ISG)
Distributor State Street Global Advisors Funds Distributors, LLC
Distribution Frequency Quarterly

Listing Information as of Jan 22 2020

Listing Information as of Jan 22 2020
Exchange Listing Date Trading Currency Ticker CUSIP ISIN
NYSE ARCA EXCHANGE Apr 26 2012 USD INKM 78467V202 US78467V2025
Exchange NYSE ARCA EXCHANGE
Listing Date Apr 26 2012
Trading Currency USD
Ticker INKM
CUSIP 78467V202
ISIN US78467V2025

Fund Characteristics as of Jan 21 2020

Fund Characteristics as of Jan 21 2020
Number of Holdings
16
Number of Holdings 16

Yields as of Jan 21 2020

Yields as of Jan 21 2020
30 Day SEC Yield

30 Day SEC Yield

(Also known as Standardized Yield) An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price.

Fund Dividend Yield

Fund Dividend Yield

The sum of the most recent 12 dividends within the past 365 days divided by Net Asset Value per share, expressed as a percentage.

4.68% 4.33%
30 Day SEC Yield

30 Day SEC Yield

(Also known as Standardized Yield) An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price.

4.68%
Fund Dividend Yield

Fund Dividend Yield

The sum of the most recent 12 dividends within the past 365 days divided by Net Asset Value per share, expressed as a percentage.

4.33%

Fund Market Price as of Jan 22 2020

Fund Market Price as of Jan 22 2020
Bid/Ask

Bid/Ask Mid Point

(Also known as Mid Price) The price between the best price of the sellers for a trading unit of a given security and the best price of the buyer of a trading unit of a given a given security.

Closing Price

Closing Price

Market Price of last reported trade on the exchange.

Day High Day Low Exchange Volume (Shares)

Exchange Volume (shares)

Represents the volume of shares traded on the ETF's primary exchange throughout the previous business day.

Premium/Discount

Premium/Discount to NAV

Shows the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds calculated as ((4PM Bid/Ask - Closing NAV) / Closing NAV * 100)

$34.68 $34.69 $34.74 $34.68 12,077 0.03%
Bid/Ask

Bid/Ask Mid Point

(Also known as Mid Price) The price between the best price of the sellers for a trading unit of a given security and the best price of the buyer of a trading unit of a given a given security.

$34.68
Closing Price

Closing Price

Market Price of last reported trade on the exchange.

$34.69
Day High $34.74
Day Low $34.68
Exchange Volume (Shares)

Exchange Volume (shares)

Represents the volume of shares traded on the ETF's primary exchange throughout the previous business day.

12,077
Premium/Discount

Premium/Discount to NAV

Shows the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds calculated as ((4PM Bid/Ask - Closing NAV) / Closing NAV * 100)

0.03%

Premium Discount to Nav

Quarter
    x axis: # of days
    y axis: # Premium/Discount percentage
    Fund Data

    The above information is provided to show the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds.

    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 Jan 22 2020

    Fund Net Cash Amount as of Jan 22 2020
    Net Cash Amount
    $751,531.34
    Net Cash Amount $751,531.34

    Fund Net Asset Value as of Jan 22 2020

    Fund Net Asset Value as of Jan 22 2020
    NAV

    NAV

    The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

    Shares Outstanding Assets Under Management
    $34.67 4.13M $143.18 M
    NAV

    NAV

    The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

    $34.67
    Shares Outstanding 4.13M
    Assets Under Management $143.18 M
    Most Recent NAV / NAV History

    Fund Performance
    View as

    Fund Performance

    • Fund Inception Date: Apr 25 2012
    As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
    Apr 25 2012
    Fund Before Tax
    NAV Dec 31 2019 1.80% 3.03% 17.10% 17.10% 8.02% 5.08% - 5.69%
    Market Value Dec 31 2019 1.80% 2.99% 17.15% 17.15% 8.06% 5.09% - 5.69%
    MSCI World Index
    Primary Index
    Dec 31 2019 3.00% 8.56% 27.67% 27.67% 12.57% 8.74% - 10.39%
    Bloomberg Barclays US Long Government/Credit Bond Index
    Secondary Index
    Dec 31 2019 -1.14% -1.12% 19.59% 19.59% 8.07% 5.42% 7.59% 5.73%
    Fund After Tax
    Return after Taxes on Distributions Dec 31 2019 1.22% 2.43% 15.00% 15.00% 6.49% 3.68% - 4.22%
    Return after Taxes on Distributions and Sale of Fund Shares Dec 31 2019 1.07% 1.79% 10.08% 10.08% 5.58% 3.35% - 3.84%
    MSCI World Index
    Primary Index
    Dec 31 2019 3.00% 8.56% 27.67% 27.67% 12.57% 8.74% - 10.39%
    Bloomberg Barclays US Long Government/Credit Bond Index
    Secondary Index
    Dec 31 2019 -1.14% -1.12% 19.59% 19.59% 8.07% 5.42% 7.59% 5.73%
    As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
    Apr 25 2012
    Fund Before Tax
    NAV Dec 31 2019 1.80% 3.03% 17.10% 17.10% 8.02% 5.08% - 5.69%
    Market Value Dec 31 2019 1.80% 2.99% 17.15% 17.15% 8.06% 5.09% - 5.69%
    MSCI World Index
    Primary Index
    Dec 31 2019 3.00% 8.56% 27.67% 27.67% 12.57% 8.74% - 10.39%
    Bloomberg Barclays US Long Government/Credit Bond Index
    Secondary Index
    Dec 31 2019 -1.14% -1.12% 19.59% 19.59% 8.07% 5.42% 7.59% 5.73%
    Fund After Tax
    Return after Taxes on Distributions Dec 31 2019 1.22% 2.43% 15.00% 15.00% 6.49% 3.68% - 4.22%
    Return after Taxes on Distributions and Sale of Fund Shares Dec 31 2019 1.07% 1.79% 10.08% 10.08% 5.58% 3.35% - 3.84%
    MSCI World Index
    Primary Index
    Dec 31 2019 3.00% 8.56% 27.67% 27.67% 12.57% 8.74% - 10.39%
    Bloomberg Barclays US Long Government/Credit Bond Index
    Secondary Index
    Dec 31 2019 -1.14% -1.12% 19.59% 19.59% 8.07% 5.42% 7.59% 5.73%

    as of Dec 31 2019

    as of Dec 31 2019

    Performance quoted represents past performance, which is no guarantee of future results. 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.  It is not possible to invest directly in an index.

    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

    Subject to change.

    Top Holdings

    Subject to change.

    Fund Top Holdingsas of Jan 21 2020

    Fund Top Holdings as of Jan 21 2020

    Name Ticker Shares Held Market Value Weight
    SPDR Portfolio S&P 500 High Dividend ETF SPYD 543,782 21,599,022.00 15.10%
    SPDR Bloomberg Barclays High Yield Bond ETF JNK 154,502 16,981,314.00 11.87%
    SPDR Blackstone / GSO Senior Loan ETF SRLN 302,941 14,165,521.00 9.91%
    SPDR Bloomberg Barclays Emerging Markets Local Bond ETF EBND 508,381 14,132,992.00 9.88%
    SPDR Portfolio Long Term Treasury ETF SPTL 323,689 12,963,744.00 9.07%
    Invesco KBW Premium Yield Equity REIT ETF KBWY 277,195 8,594,902.00 6.01%
    iShares Mortgage Real Estate ETF REM 158,648 7,289,875.50 5.10%
    SPDR S&P Global Infrastructure ETF GII 129,218 7,235,523.00 5.06%
    SPDR Portfolio Long Term Corporate Bond ETF SPLB 235,156 7,233,398.50 5.06%
    SPDR Bloomberg Barclays Convertible Securities ETF CWB 124,778 7,187,213.00 5.03%
    SPDR Portfolio Europe ETF SPEU 194,783 7,127,110.00 4.98%
    SPDR Wells Fargo Preferred Stock ETF PSK 159,649 7,090,012.00 4.96%
    SPDR S&P International Dividend ETF DWX 141,396 5,723,074.00 4.00%
    SPDR Portfolio TIPS ETF SPIP 173,286 4,988,904.00 3.49%
    State Street Instl Us Governme Open-End 85749270 690,341 690,341.10 0.48%
    SPDR Portfolio Intermediate Term Corporate Bond ETF SPIB 99 3,516.48 0.00%
    Download All Holdings: Daily

    Asset Allocation

    Asset Allocation
    Fund Asset Allocationas of Jan 21 2020

    Fund Asset Allocation as of Jan 21 2020

    Sector Weight
    Equity 29.15%
    Investment Grade Bonds 27.50%
    High Yield 11.87%
    Global Real Estate 11.11%
    Hybrids 9.98%
    Leveraged Loan 9.91%
    Cash 0.48%

    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

    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.


    Fund Footnotes

    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.