Search for an ETF or holding
State Street US Equity Premium Income ETF
SPIN (State Street US Equity Premium Income ETF) is an index US Dividend Equity ETF by State. With a 0.25% MER, it provides diversified exposure through 10 holdings. Monthly distribution with a 8.01% yield.
SPIN by State is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
Its 0.25% MER makes it one of the most cost-effective options in its category. It pays a monthly distribution with a 8.01% yield, making it attractive for income-seeking investors.
This ETF suits investors who prioritize regular dividend income. It is often held in a TFSA to receive distributions tax-free.