State Street Communication Services Select Sector SPDR Premium Income ETF (XLCI)

The State Street Communication Services Select Sector SPDR Premium Income ETF is an exchange-traded fund from State Street Investment Management, listed on NYSE Arca under the ticker XLCI.

The fund offers exposure to communication services companies in the S&P 500, the universe also covered by the Communication Services Select Sector SPDR Fund. That sector includes internet and interactive media platforms, telecommunications providers, and entertainment and media firms. The fund combines this equity exposure with an options strategy, typically involving the sale of call options, to generate premium income.

The income-oriented overlay can provide regular distributions but may cap the fund's gains when communication services stocks rise sharply.