State Street US Equity Premium Income ETF (SPIN)

The State Street US Equity Premium Income ETF is an actively managed exchange-traded fund from State Street Global Advisors that seeks to generate current income from a portfolio of U.S. stocks. It combines a diversified basket of large-cap U.S. equities with an options overlay designed to collect premium.

The options component typically involves selling call options on equity indexes or individual holdings, which produces income that the fund can distribute while capping some of the upside in strong markets. This places the fund in the equity premium income, or covered-call, category, aiming for a blend of income and equity participation. It trades on Cboe BZX under the ticker SPIN.