The fund invests in other ETFs. Its top three holdings are SPDR S&P Dividend ETF (NYSEArca: SDY), SPDR Barclays Long Term Corporate Bond ETF (NYSEArca: LWC) and SPDDR Wells Fargo Preferred Stock ETF (NYSEArca: PSK).
Other ETFs in the category include Guggenheim Multi-Asset Income ETF (NYSEArca: CVY), iShares Morningstar Multi-Asset Income Index Fund (NYSEArca: IYLD) and Arrow Dow Jones Global Yield ETF (NYSEArca: GYLD).
“Multi-asset income ETFs are getting more attention as dividend-paying stocks face competition for investors’ dollars from rising yields in the bond market,” wrote John Prestbo, former executive director of Dow Jones Indexes, in a recent MarketWatch report.
SPDR SSgA Income Allocation ETF
