XLCI

About XLCI

The Communication Services Select Sector SPDR Premium Income Fund is an actively managed exchange-traded fund (ETF) focused on the U.S. communication services sector. Its primary objective is to generate current income while providing targeted exposure to major companies involved in telecommunications, media, entertainment, and interactive media services. The fund seeks to enhance income generation by employing a covered call strategy, which entails writing call options on its underlying equity holdings to collect premium income. This approach aims to offer investors higher potential income compared to traditional sector ETFs, while also attempting to lower portfolio volatility and mitigate downside risk within the sector. However, this income-focused strategy may limit the fund's overall upside during strong market rallies. The Communication Services Select Sector SPDR Premium Income Fund plays a specialized role for income-oriented investors looking to access communication services equities with an added income component, aligning sector exposure with a deliberate risk and income profile.