Health Care Select Sector SPDR Premium Income Fund
The Health Care Select Sector SPDR Premium Income Fund (XLVI) is an innovative exchange-traded fund (ETF) designed to capitalize on the dynamic and ever-evolving health care sector. As an actively managed fund-of-funds, XLVI primarily holds the Health Care Select Sector SPDR Fund (XLV), a well-established ETF that provides comprehensive exposure to leading health care companies across pharmaceuticals, biotechnology, medical devices, and life sciences. What sets XLVI apart is its strategic focus on generating additional income through a sophisticated options strategy. By selling short-dated listed call options, the fund seeks to enhance income potential while maintaining exposure to the robust growth opportunities within the health care sector. This approach positions XLVI as a compelling investment vehicle for those seeking to balance growth with income in a sector-focused, broad-based niche, catering to investors looking to benefit from the long-term trends of innovation and demand in health care.
Health Care Select Sector SPDR Premium Income Fund (XLVI) Fund Flow Chart
Health Care Select Sector SPDR Premium Income Fund (XLVI) 1 year Net Flows: $1M