INKMSPDR SSGA Income Allocation ETF
INKM Fund Description
INKM is an actively managed, income-focused ETF of domestic and international ETFs with exposure to equities, investment-grade and high-yield debt, preferred stocks and REITs.
INKM Factset Analytics Insight
INKM offers diverse exposure to income-generating securities across asset classes and geographic boundaries. These include equities, investment-grade debt, junk bonds, preferreds, convertibles, REITs and TIPS. The actively managed fund uses other ETFs to get this broad exposure. As one might expect, State Street ETFs dominate the portfolio, but the giant issuer's roster is deep enough that this bias shouldn't be a fundamental detraction. Indeed, the fund's diverse holdings include locally denominated emerging-market debts, international-sector equities, and Treasury ETFs according to State Street. INKM has found decent traction with investors. Asset levels are sufficient to ward off fund closure risk and trading is manageable, if not cheap. The fund's use of ETFs makes its basket easy for market makers to hedge, which should hold costs down for larger investors trading in blocks. INKM's fee is on par with peer funds.
INKM Charts And Performance
INKM Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of INKM. INKM is rated a 2 out of 5.