State Street Materials Select Sector SPDR Premium Income ETF (XLBI)

State Street Materials Select Sector SPDR Premium Income ETF (XLBI) is an exchange-traded fund in the Derivative Income category. It has $8.00M in assets, an expense ratio of 0.35% and a 10.75% dividend yield. Under normal circumstances, at least 80% of the fund's net assets (plus any borrowings for investment purposes) in a combination of securities of Materials companies (either directly or indirectly through an underlying ETF) and investments that produce premium income. Materials companies comprise companies included in the Materials sector of the S&P 500 Index, as determined by the Global Industry Classification Standard (GICS®). The fund is non-diversified.