State Street Files ETF With Inflation-Adjusted Monthly Payout

The State Street® SPDR® Nasdaq MyPaycheck ETF will track the Nasdaq MyPaycheck Total Return Index, a multi-asset portfolio designed to support a predictable monthly distribution. The index allocates across 10 SPDR funds providing exposure to global equities, bonds, commodities, and REITs, with a target mix of 25% equities, 50% fixed income, 20% commodities, and 5% real estate. The payout initially targets an annualized 5% rate and is adjusted semi-annually for inflation, subject to safeguards during periods of significant portfolio declines. The fund aims to provide steady cash flow, though distributions may include return of capital and are not guaranteed.