XLEI Fees and Costs — State Street(R) Energy Select Sector SPDR(R) Premium Income ETF
Data updated: 2026-08-28
The net expense ratio is 0.35%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $6K in broker commissions, 0.2520% of average net assets, and portfolio turnover was 4%.
XLEI Fees and Expenses
Annual operating expenses and sales charges of XLEI. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.35% |
| Fee waiver | — |
| Net expense ratio | 0.35% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
XLEI Costs Over Time
On $10,000 invested in XLEI, assuming 5% a year before costs, total costs come to $380 over 5 years, cutting the return by 0.63% 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 0.35%) | $37 | $115 | $201 |
| Trading costs (broker commissions) | $26 | $83 | $144 |
| Lost growth on money paid in costs | $0 | $10 | $35 |
| Total costs | $63 | $208 | $380 |
| Value after costs | $10,437 | $11,368 | $12,383 |
| Impact on return, per year | 0.63% | 0.63% | 0.63% |
XLEI 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): 0.2520%
- Total broker commissions: $6K
- Bought from dealers (principal trades, not a cost): $663K
- Portfolio turnover (prospectus): 4%
- Securities lending: none during the year
XLEI Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $6K | 99.75% |
| UBS Securities LLC | $5 | 0.08% |
| CastleOak Securities, L.P. | $4 | 0.07% |
| Nomura Securities International, Inc. | $2 | 0.03% |
| Citadel Securities LLC | $1 | 0.02% |
| BofA Securities, Inc. | $1 | 0.02% |
| Piper Sandler & Co. | $0 | 0.01% |
| Citigroup Global Markets Inc. | $0 | 0.01% |
| Fidelity Brokerage Services LLC | $0 | 0.01% |
XLEI Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $584K | 88.02% |
| Morgan Stanley & Co. LLC | $79K | 11.98% |
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.