SPIN Fees and Costs — State Street(R) US Equity Premium Income ETF
Data updated: 2026-08-28
The net expense ratio is 0.25%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $4K in broker commissions, 0.0063% of average net assets, and portfolio turnover was 18%.
SPIN Fees and Expenses
Annual operating expenses and sales charges of SPIN. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.25% |
| Fee waiver | — |
| Net expense ratio | 0.25% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
SPIN Costs Over Time
On $10,000 invested in SPIN, assuming 5% a year before costs, total costs come to $163 over 5 years, cutting the return by 0.27% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.25%) | $26 | $83 | $144 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $4 | $15 |
| Total costs | $27 | $89 | $163 |
| Value after costs | $10,473 | $11,487 | $12,600 |
| Impact on return, per year | 0.27% | 0.27% | 0.27% |
SPIN Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0063%
- Total broker commissions: $4K
- Bought from dealers (principal trades, not a cost): $2.1M
- Portfolio turnover (prospectus): 18%
- Securities lending: none during the year
SPIN Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $1K | 31.03% |
| Morgan Stanley & Co. LLC | $944 | 27.38% |
| Fidelity Brokerage Services LLC | $524 | 15.21% |
| Nomura Securities International, Inc. | $320 | 9.28% |
| BofA Securities, Inc. | $132 | 3.84% |
| Citadel Securities LLC | $116 | 3.36% |
| Virtu Americas LLC | $95 | 2.74% |
| Piper Sandler & Co. | $91 | 2.63% |
| Barclays Capital Inc. | $84 | 2.44% |
| Jane Street Execution Services, LLC | $72 | 2.09% |
SPIN Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $2.1M | 100.00% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.