State Street's New Covered-Call ETFs Could Turbocharge Your Monthly Income
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 31 2025
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Source: Benzinga
Introduction of New ETFs: State Street Investment Management has launched eleven Select Sector SPDR Premium Income ETFs, which utilize a covered-call strategy to enhance income generation while providing sector-specific exposure.
Investment Strategy and Benefits: These funds aim to deliver steady income through option premiums and dividends, with lower expense ratios compared to similar funds; however, they may limit potential gains in rising markets due to the nature of sold call options.
Analyst Views on XLC
Wall Street analysts forecast XLC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for XLC is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 116.250
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Current: 116.250
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
