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INKM

SPDR® SSGA Income Allocation ETF

Fund Objective

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 ETPs that pay fees to the Adviser and its affiliates for management, marketing or other services.

Ordinary brokerage commissions may apply.

Fund Information

As of 09/05/2015
Ticker SymbolINKM
Primary BenchmarkMSCI World Index
Secondary BenchmarkBarclays US Long Government/Credit Bond Index
CUSIP78467V202
Short Selling AllowedNo
Options AvailableNo
Gross Expense Ratio

The gross expense ratio is 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.

0.70%
Inception Date04/25/2012
Investment ManagerSSGA Funds Management, Inc.
Management TeamInvestment Solutions Group (ISG)
DistributorState Street Global Markets, LLC
Distribution FrequencyQuarterly
ExchangeNYSE ARCA EXCHANGE

Fund Characteristics

As of 09/03/2015
Number of Holdings21

Yields

As of 09/02/2015
30 Day SEC Yield

30 Day SEC Yield (Standardized Yield) 

An annualized yield that is calculated by dividing the investment income earned by the fund less expenses over the most recent 30-day period by the current maximum offering price.

3.35%
Fund Dividend Yield

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

3.41%

Fund Documents

Fund Market Price

As of 09/03/2015
Bid/Ask$30.07
Closing Price$30.04
Day High$30.05
Day Low$30.04
Exchange Volume (shares)508
Premium/Discount0.02%
Premium Discount to Nav Chart

Fund Net Asset Value

NAV

Market value of a mutual fund's and ETF's total assets, minus liabilities, divided by the number of shares outstanding

As of 09/03/2015
Price$30.06
Shares Outstanding3.80 M
Total Net Assets$114.28 M
Most Recent NAV / NAV History XLS

Fund Net Cash Amount

As of 09/03/2015
Net Cash Amount-$35,896.87

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 apply.

Performance Graphs

Month End as of 07/31/2015

Fund Inception Date: 04/25/2012

Inception Date of Primary Index: 05/31/1994

Inception Date of Secondary Index: 01/01/1973

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Quarter End as of 06/30/2015

Fund Inception Date: 04/25/2012

Inception Date of Primary Index: 05/31/1994

Inception Date of Secondary Index: 01/01/1973

<performance fundName="SPDR&lt;sup&gt;®&lt;/sup&gt; SSGA Income Allocation ETF" bmarkName="MSCI World Index" secondBmarkName="Barclays US Long Government/Credit Bond Index"><funds><field>1 Month</field><fund>-2.84</fund><index>-2.33</index><secondIndex>-3.68</secondIndex><tertiaryIndex></tertiaryIndex></funds><funds><field>QTD</field><fund>-3.30</fund><index>0.31</index><secondIndex>-7.57</secondIndex><tertiaryIndex></tertiaryIndex></funds><funds><field>YTD</field><fund>-1.60</fund><index>2.63</index><secondIndex>-4.47</secondIndex><tertiaryIndex></tertiaryIndex></funds><funds><field>1 YR</field><fund>-1.59</fund><index>1.43</index><secondIndex>1.94</secondIndex><tertiaryIndex></tertiaryIndex></funds><funds><field>3 YR</field><fund>5.22</fund><index>14.27</index><secondIndex>2.48</secondIndex><tertiaryIndex></tertiaryIndex></funds><funds><field>5 YR</field><fund></fund><index></index><secondIndex>6.71</secondIndex><tertiaryIndex></tertiaryIndex></funds><funds><field>10 YR</field><fund></fund><index></index><secondIndex></secondIndex><tertiaryIndex></tertiaryIndex></funds><funds><field>Inception</field><fund>5.20</fund><index>12.23</index><secondIndex>3.82</secondIndex><tertiaryIndex></tertiaryIndex></funds></performance>

Fund Top Holdings

Subject to change.

As of 09/03/2015
NameTickerWeight
SPDR Barclays High Yield Bond ETFJNK16.04%
SPDR Barclays Long Term Corporate Bond ETFLWC12.46%
SPDR Barclays Long Term Treasury ETFTLO8.34%
SPDR Dow Jones REIT ETFRWR5.91%
WisdomTree Europe Hedged Equity FundHEDJ5.52%
WisdomTree Japan Hedged Equity FundDXJ5.49%
SPDR Wells Fargo Preferred Stock ETFPSK5.26%
SPDR Barclays Convertible Securities ETFCWB5.02%
SPDR S&P Dividend ETFSDY4.91%
SPDR Dow Jones International Real Estate ETFRWX3.84%
SPDR STOXX Europe 50 ETFFEU3.78%
Stt Instl Liquid Reserves Stif Usd@NA3.17%
SPDR Barclays Emerging Markets Local Bond ETFEBND3.03%
SPDR S&P Global Infrastructure ETFGII2.91%
SPDR S&P International Dividend ETFDWX2.85%
SPDR Barclays TIPS ETFIPE2.60%
SPDR Barclays Intermediate Term Corporate Bond ETFITR2.10%
Consumer Discretionary Select Sector SPDR FundXLY1.99%
Health Care Select Sector SPDR FundXLV1.93%
Financial Select Sector SPDR FundXLF1.91%
SPDR S&P Emerging Markets Dividend ETFEDIV0.95%
Download All Holdings XLS

Asset Class Breakdown

As of 09/03/2015
<?xml version="1.0" encoding="UTF-8" standalone="yes"?><component><asOfDate>09/03/2015</asOfDate><code>ASSET_CLASS_BREAKDOWN</code><attributes><attribute><rawValue>32.23</rawValue><value>32.23%</value><label>Equity</label><order>1</order></attribute><attribute><rawValue>28.54</rawValue><value>28.54%</value><label>Investment Grade Bonds</label><order>2</order></attribute><attribute><rawValue>16.04</rawValue><value>16.04%</value><label>High Yield</label><order>3</order></attribute><attribute><rawValue>10.27</rawValue><value>10.27%</value><label>Hybrids</label><order>4</order></attribute><attribute><rawValue>9.74</rawValue><value>9.74%</value><label>Global Real Estate</label><order>5</order></attribute><attribute><rawValue>3.17</rawValue><value>3.17%</value><label>Cash</label><order>6</order></attribute></attributes></component>

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.

ETFs trade like stocks, fluctuate in market value and may trade at prices above or below the ETFs net asset value.  Brokerage commissions and ETF expenses will reduce returns.

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.

Investment Solutions Group (ISG)

Portfolio Manager Timothy Furbush Senior Portfolio Manager Show Bio

Tim is a Vice President of State Street Global Advisors and a Senior Portfolio Manager in SSGA's Investment Solutions Group (ISG). He is responsible for developing and implementing customized investment approaches for clients, including strategic and tactical global balanced funds as well as equitization and overlay strategies. Prior to his current role, Tim worked for SSGA's Intermediary Business Group as a Research Analyst providing value added research, educational tools and practice management services to financial advisors. Before rejoining SSGA in July 2007, Tim spent a year at Fidelity Investments as a Research Analyst on their Consultant Relations Team.

A graduate of Stonehill College, Tim has an MS in Finance from the Sawyer School of Management at Suffolk University. He has earned both the Chartered Financial Analyst and Chartered Market Technician designations. He is a member of the CFA Institute, the Boston Securities Analysts Society and the Market Technicians Association.

Portfolio Manager Jerry Holly Vice President Show Bio

Jerry is a Vice President of State Street Global Advisors and a Senior Portfolio Manager with the Investment Solutions Group (ISG). He is responsible for the development and management of asset allocation solutions, including tactical asset allocation strategies and exposure management (overlay) strategies.

Before joining the Investment Solutions Group, Jerry was a Senior Product Analyst within SSGA's Consultant Relations Team. 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.

After Tax Returns

After-tax returns are calculated 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, and the after-tax returns shown are not relevant to investors who hold their fund shres through tad deferred arrangements such as 401(k) plans or individual retiredment accounts. After tax returns may not take into account year end tax adjustments, which are calculated only at the end of each tax year. The after tax returns could differ after year end tax adjustments are accounted for.

MSCI World Index

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

Barclays US Long Government/Credit Bond Index

The 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.

Important Risk Information

ETFs trade like stocks, fluctuate in market value and may trade at prices above or below the ETFs net asset value. Brokerage commissions and ETF expenses will reduce returns.

Actively managed ETFs do not seek to replicate the performance of a specified index.

Foreign investments involve greater risks than U.S. investments, including political and economic risks and the risk of currency fluctuations, all of which may be magnified in emerging markets.

Commodities investing entail significant risk as commodity prices can be extremely volatile due to wide range of factors Bond funds contain interest rate risk (as interest rates rise bond prices usually fall); the risk of issuer default; issuer credit risk; liquidity risk; and inflation risk.

Risks associated with investing in the natural resources sector include; large price volatility due to non-diversification and concentration in natural resources companies.

Risk associated with equity investing include stock values which may fluctuate in response to the activities of individual companies and general market and economic conditions.

Investing in REITs involves certain distinct risks in addition to those risks associated with investing in the real estate industry in general. Equity REITs may be affected by changes in the value of the underlying property owned by the REITs, while mortgage REITs may be affected by the quality of credit extended. REITs are subject to heavy cash flow dependency, default by borrowers and self-liquidation. REITs, especially mortgage REITs, are also subject to interest rate risk (i.e., as interest rates rise, the value of the REIT may decline).

Increase in real interest rates can cause the price of inflation-protected debt securities to decrease. Interest payments on inflation-protected debt securities can be unpredictable

Because the SPDR SSgA Active Asset Allocation ETFs are actively managed, they are therefore subject to the risk that the investments selected by SSgA may cause the ETFs to underperform relative to their benchmarks or other funds with similar investment objectives.

Distributor: State Street Global Markets, LLC, member FINRA, SIPC, a wholly owned subsidiary of State Street Corporation. References to State Street may include State Street Corporation and its affiliates. Certain State Street affiliates provide services and receive fees from the SPDR ETFs.

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.

Premium Discount to NAV

As of 09/03/2015
Ticker NAV Close Bid/Ask Mid Pt Premium/ Discount
SPDR® SSGA Income Allocation ETF INKM $30.06 $30.04 $30.07 0.02%
Download Fund Data

x axis: # of days y axis: # Premium/Discount percentage

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.