SPDR Blackstone High Income ETF |
SPDR Blackstone Senior Loan ETF |
Portfolio Statistics (Unaudited) | |
|
1 |
|
3 |
Schedules of Investments (Unaudited) | |
|
5 |
|
25 |
|
46 |
|
49 |
|
51 |
|
57 |
Description | % of Net Assets | ||
Point
Au Roche Park CLO Ltd. 10.34% 7/20/2034 |
1.0% | ||
Mineral
Resources, Ltd. 8.50% 5/1/2030 |
0.7 | ||
Intesa
Sanpaolo SpA 5.71% 1/15/2026 |
0.7 | ||
LTI
Holdings, Inc. Senior Secured 2018 2nd Lien Term Loan 11.13% 9/6/2026 |
0.7 | ||
Sunoco
L.P./Sunoco Finance Corp. 4.50% 5/15/2029 |
0.6 | ||
TOTAL | 3.7% |
% of Net Assets | |||
Software | 7.0% | ||
Oil, Gas & Consumable Fuels | 6.9 | ||
Diversified Financial Services | 4.8 | ||
Media | 4.7 | ||
Hotels, Restaurants & Leisure | 3.8 | ||
Insurance | 3.3 | ||
Entertainment | 3.1 | ||
Retail-Restaurants | 3.1 | ||
Other ABS | 3.0 | ||
Commercial Services | 2.8 | ||
Commercial Services & Supplies | 2.7 | ||
Health Care Providers & Services | 2.6 | ||
Specialty Retail | 2.6 | ||
Real Estate Investment Trusts (REITs) | 2.3 | ||
Aerospace & Defense | 2.2 | ||
Chemicals | 1.9 | ||
Pipelines | 1.9 | ||
Diversified Telecommunication Services | 1.8 | ||
Leisure Industry | 1.8 | ||
Construction & Engineering | 1.6 | ||
Food & Staples Retailing | 1.5 | ||
Home Furnishings | 1.5 | ||
Pharmaceuticals | 1.3 | ||
Metals & Mining | 1.3 | ||
IT Services | 1.2 | ||
Containers & Packaging | 1.2 | ||
Transport-Services | 1.0 | ||
Metal-Iron | 1.0 | ||
Electronic Equipment, Instruments & Components | 0.8 | ||
Construction Materials | 0.8 | ||
Airlines | 0.8 | ||
Miscellaneous Manufactur | 0.8 | ||
Capital Markets | 0.8 | ||
Electric Utilities | 0.8 | ||
Steel-Producers | 0.7 | ||
Advertising Services | 0.7 | ||
Household Products | 0.7 | ||
Commercial Banks | 0.7 | ||
Paper & Forest Products | 0.7 | ||
Independent Power Producers & Energy Traders | 0.6 | ||
Auto Components | 0.6 | ||
Computer Services | 0.6 | ||
Automobiles | 0.6 | ||
Telecom Services | 0.5 | ||
Professional Services | 0.5 | ||
Communications Equipment | 0.5 | ||
Air Freight & Logistics | 0.5 | ||
Machinery | 0.5 | ||
Building Products | 0.5 | ||
Food Products | 0.5 | ||
Life Sciences Tools & Services | 0.5 | ||
Health Care Equipment & Supplies | 0.4 | ||
Cosmetics & Toiletries | 0.4 | ||
Computers | 0.4 | ||
Distribution/Wholesale | 0.4 |
% of Net Assets | |||
Financial Services | 0.4% | ||
Energy-Alternate Sources | 0.4 | ||
Office Automation&Equip | 0.4 | ||
Electronic Compo-Misc | 0.4 | ||
Electrical Equipment | 0.3 | ||
Road & Rail | 0.3 | ||
Consumer Finance | 0.3 | ||
Telecommunication Equip | 0.3 | ||
Retail-Building Products | 0.3 | ||
Machinery-Construction & Mining | 0.3 | ||
Beverages | 0.3 | ||
Textiles, Apparel & Luxury Goods | 0.3 | ||
Investment Companies | 0.3 | ||
Semiconductors & Semiconductor Equipment | 0.3 | ||
Casino Services | 0.3 | ||
Television | 0.2 | ||
Trading Companies & Distributors | 0.2 | ||
Food-Misc/Diversified | 0.2 | ||
Internet Security | 0.2 | ||
Distributors | 0.2 | ||
Leisure&Rec/Games | 0.2 | ||
Environ Monitoring&Det | 0.2 | ||
Real Estate | 0.2 | ||
MRI/Medical Diag Imaging | 0.1 | ||
Transport-Air Freight | 0.1 | ||
Food & Beverage | 0.1 | ||
Internet & Telecom | 0.1 | ||
Forestry | 0.1 | ||
Energy Equipment & Services | 0.1 | ||
Cable/Satellite TV | 0.1 | ||
Finance-Credit Card | 0.1 | ||
Personal Products | 0.1 | ||
Thrifts & Mortgage Finance | 0.1 | ||
Diversified Consumer Services | 0.1 | ||
Gaming & Entertainment | 0.1 | ||
Office Furnishings-Orig | 0.1 | ||
Medical Labs&Testing Srv | 0.0 * | ||
Coal | 0.0 * | ||
Short-Term Investment | 8.2 | ||
Liabilities in Excess of Other Assets | (6.2) | ||
TOTAL | 100.0% | ||
* | Amount shown represents less than 0.05% of net assets. |
Description | % of Net Assets | ||
1011778
B.C. Unlimited Liability Co. Senior Secured Term Loan B4 5.82% 11/19/2026 |
2.2% | ||
Caesars
Resort Collection LLC Senior Secured 2017 1st Lien Term Loan B 7.13% 12/23/2024 |
1.7 | ||
Peraton
Corp. Senior Secured Term Loan B 8.13% 2/1/2028 |
1.7 | ||
Medline
Borrower LP Senior Secured USD Term Loan B 7.63% 10/23/2028 |
1.5 | ||
Berry
Global, Inc. Senior Secured 2021 Term Loan Z 6.02% 7/1/2026 |
1.5 | ||
TOTAL | 8.6% |
% of Net Assets | |||
Software | 12.3% | ||
Hotels, Restaurants & Leisure | 7.3 | ||
Media | 6.6 | ||
Health Care Providers & Services | 5.9 | ||
Diversified Financial Services | 5.9 | ||
Insurance | 4.3 | ||
Retail-Restaurants | 3.7 | ||
Specialty Retail | 2.8 | ||
Entertainment | 2.4 | ||
Oil, Gas & Consumable Fuels | 2.4 | ||
Commercial Services & Supplies | 2.2 | ||
Health Care Equipment & Supplies | 1.9 | ||
Pharmaceuticals | 1.8 | ||
Commercial Services | 1.8 | ||
Airlines | 1.7 | ||
Diversified Telecommunication Services | 1.6 | ||
Aerospace & Defense | 1.6 | ||
Containers & Packaging | 1.6 | ||
Casino Services | 1.5 | ||
Independent Power Producers & Energy Traders | 1.4 | ||
Telecom Services | 1.2 | ||
Professional Services | 1.2 | ||
Road & Rail | 1.2 | ||
IT Services | 1.2 | ||
Machinery-Construction & Mining | 1.1 | ||
Chemicals | 1.0 | ||
Capital Markets | 0.9 | ||
MRI/Medical Diag Imaging | 0.8 | ||
Building Products | 0.8 | ||
Cosmetics & Toiletries | 0.8 | ||
Communications Equipment | 0.7 | ||
Retail-Building Products | 0.7 | ||
Food Products | 0.7 | ||
Computers | 0.7 | ||
Transport-Services | 0.6 | ||
Beverages | 0.6 | ||
Life Sciences Tools & Services | 0.6 | ||
Distributors | 0.6 | ||
Auto Components | 0.5 | ||
Pipelines | 0.5 | ||
Household Products | 0.4 | ||
Semiconductors & Semiconductor Equipment | 0.4 | ||
Electronic Equipment, Instruments & Components | 0.4 | ||
Real Estate Investment Trusts (REITs) | 0.4 | ||
Construction Materials | 0.2 | ||
Food-Misc/Diversified | 0.2 | ||
Air Freight & Logistics | 0.2 | ||
Industrial Conglomerates | 0.2 | ||
Leisure Industry | 0.2 | ||
Investment Companies | 0.2 | ||
Internet & Telecom | 0.2 | ||
Automobiles | 0.2 | ||
Metals & Mining | 0.2 | ||
Metal-Iron | 0.2 | ||
Food & Staples Retailing | 0.1 |
% of Net Assets | |||
Construction & Engineering | 0.1% | ||
Textiles, Apparel & Luxury Goods | 0.1 | ||
Diversified Consumer Services | 0.1 | ||
Distribution/Wholesale | 0.1 | ||
Advertising Services | 0.1 | ||
Home Furnishings | 0.1 | ||
Leisure&Rec/Games | 0.1 | ||
Internet Security | 0.1 | ||
Commercial Banks | 0.1 | ||
Auto/Trk Prts&Equip-Orig | 0.1 | ||
Energy-Alternate Sources | 0.1 | ||
Electric Utilities | 0.1 | ||
Computer Services | 0.1 | ||
Paper & Forest Products | 0.1 | ||
Office Automation&Equip | 0.1 | ||
Steel-Producers | 0.0 * | ||
Telecommunication Equip | 0.0 * | ||
Machinery | 0.0 * | ||
Miscellaneous Manufactur | 0.0 * | ||
Leisure Equipment & Products | 0.0 * | ||
Interactive Media & Services | 0.0 * | ||
Medical Labs&Testing Srv | 0.0 * | ||
Gaming & Entertainment | 0.0 * | ||
Real Estate | 0.0 * | ||
Environ Monitoring&Det | 0.0 * | ||
Short-Term Investment | 5.9 | ||
U.S. Treasury Obligations | 2.5 | ||
Liabilities in Excess of Other Assets | (0.7) | ||
TOTAL | 100.0% | ||
* | Amount shown represents less than 0.05% of net assets. |
Borrower | Unfunded
Loan Commitment ($) |
Value ($) | Unrealized
Appreciation/(Depreciation) ($) | |||
Pediatric Associates Holding Company, LLC | 11,352 | 10,808 | (544) | |||
Athenahealth, Inc. | 32,609 | 29,523 | (3,086) | |||
$43,961 | $40,331 | $(3,630) |
Description | Level
1 – Quoted Prices |
Level
2 – Other Significant Observable Inputs |
Level
3 – Significant Unobservable Inputs |
Total | ||||
ASSETS: | ||||||||
INVESTMENTS: | ||||||||
Corporate Bonds & Notes
|
$ — | $ 52,428,580 | $— | $ 52,428,580 | ||||
Asset-Backed Securities
|
— | 3,496,819 | — | 3,496,819 | ||||
Senior Floating Rate Loans
|
— | 58,432,886 | — | 58,432,886 | ||||
Short-Term Investment
|
9,542,516 | — | — | 9,542,516 | ||||
TOTAL INVESTMENTS
|
$9,542,516 | $114,358,285 | $— | $123,900,801 | ||||
LIABILITIES: | ||||||||
OTHER FINANCIAL INSTRUMENTS: | ||||||||
Unfunded Loans(a)
|
— | (3,630) | — | (3,630) | ||||
TOTAL OTHER FINANCIAL INSTRUMENTS:
|
$ — | $ (3,630) | $— | $ (3,630) |
(a) | Unfunded loan commitments are valued at unrealized appreciation (depreciation). |
Number
of Shares Held at 6/30/22 |
Value
at 6/30/22 |
Cost
of Purchases |
Proceeds
from Shares Sold |
Realized
Gain (Loss) |
Change
in Unrealized Appreciation/ Depreciation |
Number
of Shares Held at 12/31/22 |
Value
at 12/31/22 |
Dividend
Income | |||||||||
SPDR Blackstone Senior Loan ETF
|
— | $ — | $ 2,327,133 | $ 2,323,843 | $(3,290) | $— | — | $ — | $ 14,072 | ||||||||
State Street Institutional U.S. Government Money
Market Fund, Class G Shares
|
2,996,829 | 2,996,829 | 56,734,518 | 50,188,831 | — | — | 9,542,516 | 9,542,516 | 106,191 | ||||||||
Total
|
$2,996,829 | $59,061,651 | $52,512,674 | $(3,290) | $— | $9,542,516 | $120,263 |
Borrower | Unfunded
Loan Commitment ($) |
Value ($) | Unrealized
Appreciation/(Depreciation) ($) | |||
Pediatric Associates Holding Company, LLC | 68,182 | 64,915 | (3,267) | |||
Athenahealth, Inc. | 9,278,272 | 8,400,176 | (878,096) | |||
VT Topco, Inc. | 244,514 | 237,689 | (6,825) | |||
AI Aqua Merger Sub, Inc. | 1,222,222 | 1,153,979 | (68,243) | |||
$10,813,190 | $9,856,759 | $(956,431) |
Description | Level
1 – Quoted Prices |
Level
2 – Other Significant Observable Inputs |
Level
3 – Significant Unobservable Inputs |
Total | ||||
ASSETS: | ||||||||
INVESTMENTS: | ||||||||
Corporate Bonds & Notes
|
$ — | $ 309,881,679 | $ — | $ 309,881,679 | ||||
U.S. Treasury Obligations
|
— | 149,395,266 | — | 149,395,266 | ||||
Common Stocks
|
— | — | 5,944,290 | 5,944,290 | ||||
Senior Floating Rate Loans
|
— | 5,182,464,346 | — | 5,182,464,346 | ||||
Short-Term Investment
|
350,922,450 | — | — | 350,922,450 | ||||
TOTAL INVESTMENTS
|
$350,922,450 | $5,641,741,291 | $5,944,290 | $5,998,608,031 | ||||
LIABILITIES: | ||||||||
OTHER FINANCIAL INSTRUMENTS: | ||||||||
Unfunded Loans(a)
|
— | (956,431) | — | (956,431) | ||||
TOTAL OTHER FINANCIAL INSTRUMENTS:
|
$ — | $ (956,431) | $ — | $ (956,431) |
(a) | Unfunded loan commitments are valued at unrealized appreciation (depreciation). |
Number
of Shares Held at 6/30/22 |
Value
at 6/30/22 |
Cost
of Purchases |
Proceeds
from Shares Sold |
Realized
Gain (Loss) |
Change
in Unrealized Appreciation/ Depreciation |
Number
of Shares Held at 12/31/22 |
Value
at 12/31/22 |
Dividend
Income | |||||||||
SPDR Bloomberg High Yield Bond ETF
|
— | $ — | $ 25,027,937 | $ 24,446,819 | $(581,118) | $— | — | $ — | $ 129,475 | ||||||||
State Street Institutional U.S. Government Money
Market Fund, Class G Shares
|
910,350,809 | 910,350,809 | 2,489,173,927 | 3,048,602,286 | — | — | 350,922,450 | 350,922,450 | 5,439,203 | ||||||||
Total
|
$910,350,809 | $2,514,201,864 | $3,073,049,105 | $(581,118) | $— | $350,922,450 | $5,568,678 |
SPDR Blackstone High Income ETF | SPDR Blackstone Senior Loan ETF | ||
ASSETS | |||
Investments in unaffiliated issuers, at
value
|
$ 114,358,285 | $ 5,647,685,581 | |
Investments in affiliated issuers, at value
|
9,542,516 | 350,922,450 | |
Total Investments
|
123,900,801 | 5,998,608,031 | |
Cash
|
380,395 | 28,464,092 | |
Receivable for investments sold
|
2,846,804 | 441,971,375 | |
Dividends receivable — affiliated issuers
|
35,216 | 1,234,910 | |
Interest receivable — unaffiliated issuers
|
1,491,872 | 48,051,767 | |
Receivable for foreign taxes recoverable
|
5,477 | 43,401 | |
Other Receivable
|
— | 75,902 | |
TOTAL ASSETS
|
128,660,565 | 6,518,449,478 | |
LIABILITIES | |||
Payable for investments purchased
|
11,929,711 | 508,485,657 | |
Payable for fund shares repurchased
|
— | 51,465,142 | |
Unrealized depreciation on unfunded loan
commitments
|
3,630 | 956,431 | |
Advisory fee payable
|
62,916 | 3,470,948 | |
Accrued expenses and other liabilities
|
— | 95 | |
TOTAL LIABILITIES
|
11,996,257 | 564,378,273 | |
NET ASSETS
|
$ 116,664,308 | $ 5,954,071,205 | |
NET ASSETS CONSIST OF: | |||
Paid-in Capital
|
$129,020,750 | $ 7,140,775,445 | |
Total distributable earnings (loss)
|
(12,356,442) | (1,186,704,240) | |
NET ASSETS
|
$ 116,664,308 | $ 5,954,071,205 | |
NET ASSET VALUE PER SHARE | |||
Net asset value per share
|
$ 27.13 | $ 41.19 | |
Shares outstanding (unlimited amount authorized,
$0.01 par value)
|
4,300,000 | 144,550,000 | |
COST OF INVESTMENTS: | |||
Investments in unaffiliated issuers
|
$ 117,850,441 | $ 5,822,221,478 | |
Investments in affiliated issuers
|
9,542,516 | 350,922,450 | |
Total cost of investments
|
$127,392,957 | $ 6,173,143,928 |
SPDR Blackstone High Income ETF | SPDR Blackstone Senior Loan ETF | ||
INVESTMENT INCOME | |||
Interest income — unaffiliated issuers
|
$ 4,275,483 | $ 254,440,483 | |
Dividend income — affiliated issuers
|
120,263 | 5,568,678 | |
TOTAL INVESTMENT INCOME (LOSS)
|
4,395,746 | 260,009,161 | |
EXPENSES | |||
Advisory fee
|
415,147 | 25,459,615 | |
Trustees’ fees and expenses
|
733 | 45,727 | |
Miscellaneous expenses
|
3,806 | 265,192 | |
TOTAL EXPENSES
|
419,686 | 25,770,534 | |
Expenses waived/reimbursed by the Adviser
|
(5,575) | (192,766) | |
NET EXPENSES
|
414,111 | 25,577,768 | |
NET INVESTMENT INCOME (LOSS)
|
$ 3,981,635 | $ 234,431,393 | |
REALIZED AND UNREALIZED GAIN (LOSS) | |||
Net realized gain (loss) on: | |||
Investments — unaffiliated issuers
|
(6,095,190) | (510,126,381) | |
Investments — affiliated issuers
|
(3,290) | (581,118) | |
Net realized gain (loss)
|
(6,098,480) | (510,707,499) | |
Net change in unrealized appreciation/depreciation on: | |||
Investments — unaffiliated issuers
|
5,846,766 | 425,649,131 | |
Unfunded loan commitments
|
(1,110) | 381,566 | |
Net change in unrealized
appreciation/depreciation
|
5,845,656 | 426,030,697 | |
NET REALIZED AND UNREALIZED GAIN (LOSS)
|
(252,824) | (84,676,802) | |
NET INCREASE (DECREASE) IN NET ASSETS FROM
OPERATIONS
|
$ 3,728,811 | $ 149,754,591 |
SPDR Blackstone High Income ETF | SPDR Blackstone Senior Loan ETF | ||||||
Six
Months Ended 12/31/22 (Unaudited) |
For
the Period 2/17/22*- 6/30/22 |
Six
Months Ended 12/31/22 (Unaudited) |
Year
Ended 6/30/22 | ||||
INCREASE (DECREASE) IN NET ASSETS FROM OPERATIONS: | |||||||
Net investment income (loss)
|
$ 3,981,635 | $ 2,126,689 | $ 234,431,393 | $ 375,689,558 | |||
Net realized gain (loss)
|
(6,098,480) | (2,925,500) | (510,707,499) | (250,379,712) | |||
Net change in unrealized
appreciation/depreciation
|
5,845,656 | (9,341,442) | 426,030,697 | (698,437,560) | |||
Net increase (decrease) in net assets resulting
from operations
|
3,728,811 | (10,140,253) | 149,754,591 | (573,127,714) | |||
Net equalization credits and charges
|
(10,009) | 294 | 1,160,238 | 1,321,939 | |||
Distributions to shareholders
|
(4,397,000) | (1,548,000) | (251,791,500) | (384,792,728) | |||
Return of capital
|
— | — | — | (2,807,272) | |||
Total Distributions to shareholders
|
(4,397,000) | (1,548,000) | (251,791,500) | (387,600,000) | |||
FROM BENEFICIAL INTEREST TRANSACTIONS: | |||||||
Proceeds from shares sold
|
4,116,887 | 128,999,422 | 941,162,104 | 6,597,224,116 | |||
Cost of shares redeemed
|
(4,102,865) | — | (3,357,350,934) | (3,482,041,836) | |||
Net income equalization
|
10,009 | (294) | (1,160,238) | (1,321,939) | |||
Other Capital
|
6,898 | 408 | 12,053,464 | 11,592,704 | |||
Net increase (decrease) in net assets from
beneficial interest transactions
|
30,929 | 128,999,536 | (2,405,295,604) | 3,125,453,045 | |||
Net increase (decrease) in net assets during the
period
|
(647,269) | 117,311,577 | (2,506,172,275) | 2,166,047,270 | |||
Net assets at beginning of period
|
117,311,577 | — | 8,460,243,480 | 6,294,196,210 | |||
NET ASSETS AT END OF PERIOD
|
$116,664,308 | $ 117,311,577 | $ 5,954,071,205 | $ 8,460,243,480 | |||
SHARES OF BENEFICIAL INTEREST: | |||||||
Shares sold
|
150,000 | 4,300,000 | 22,350,000 | 145,850,000 | |||
Shares redeemed
|
(150,000) | — | (80,050,000) | (79,550,000) | |||
Net increase (decrease) from share
transactions
|
— | 4,300,000 | (57,700,000) | 66,300,000 |
* | Commencement of operations. |
SPDR Blackstone High Income ETF | |||
Six
Months Ended 12/31/22 (Unaudited) |
For
the Period 02/17/22*- 6/30/22 | ||
Net asset value, beginning of period
|
$ 27.28 | $ 30.00 | |
Income (loss) from investment operations: | |||
Net investment income (loss) (a)
|
0.93 | 0.50 | |
Net realized and unrealized gain (loss) (b)
|
(0.05) | (2.86) | |
Total from investment operations
|
0.88 | (2.36) | |
Net equalization credits and charges (a)
|
(0.00)(c) | 0.00(c) | |
Other capital (a)
|
0.00(c) | 0.00(c) | |
Distributions to shareholders from: | |||
Net investment income
|
(1.03) | (0.36) | |
Net asset value, end of period
|
$ 27.13 | $ 27.28 | |
Total return (d)
|
3.25% | (7.93)% | |
Ratios and Supplemental Data: | |||
Net assets, end of period (in 000s)
|
$116,664 | $117,312 | |
Ratios to average net assets: | |||
Total expenses
|
0.71%(e) | 0.70%(e) | |
Net expenses
|
0.70%(e) | 0.70%(e) | |
Net investment income (loss)
|
6.71%(e) | 4.63%(e) | |
Portfolio turnover rate
|
66%(f) | 55%(f) |
* | Commencement of operations. |
(a) | Per share numbers have been calculated using average shares outstanding, which more appropriately presents the per share data for the period. |
(b) | Amounts shown in this caption for a share outstanding may not accord with the change in aggregate gains and losses in securities for the fiscal period because of the timing of sales and repurchases of Fund shares in relation to fluctuating market values for the Fund. |
(c) | Amount is less than $0.005 per share. |
(d) | Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of each distribution. Total returns for periods of less than one year are not annualized. Broker commission charges are not included in this calculation. |
(e) | Annualized. |
(f) | Not annualized. |
SPDR Blackstone Senior Loan ETF | |||||||||||
Six
Months Ended 12/31/22 (Unaudited) |
Year
Ended 6/30/22 |
Year
Ended 6/30/21 |
Year
Ended 6/30/20(a) |
Year
Ended 6/30/19(a) |
Year
Ended 6/30/18(a) | ||||||
Net asset value, beginning of period
|
$ 41.83 | $ 46.30 | $ 43.36 | $ 46.25 | $ 47.04 | $ 47.41 | |||||
Income (loss) from investment operations: | |||||||||||
Net investment income (loss) (b)
|
1.36 | 1.95 | 1.98 | 2.34 | 2.48 | 2.04 | |||||
Net realized and unrealized gain (loss) (c)
|
(0.59) | (4.44) | 3.02 | (3.06) | (0.86) | (0.50) | |||||
Total from investment operations
|
0.77 | (2.49) | 5.00 | (0.72) | 1.62 | 1.54 | |||||
Net equalization credits and charges (b)
|
0.01 | 0.01 | 0.06 | (0.04) | (0.03) | 0.04 | |||||
Contribution from affiliate
|
— | — | 0.00(d) | 0.01 | — | — | |||||
Other capital (b)
|
0.07 | 0.06 | 0.02 | 0.21 | 0.09 | 0.02 | |||||
Distributions to shareholders from: | |||||||||||
Net investment income
|
(1.49) | (2.04) | (2.14) | (2.35) | (2.47) | (1.97) | |||||
Return of Capital
|
— | (0.01) | — | — | — | — | |||||
Total distributions
|
(1.49) | (2.05) | — | — | — | — | |||||
Net asset value, end of period
|
$ 41.19 | $ 41.83 | $ 46.30 | $ 43.36 | $ 46.25 | $ 47.04 | |||||
Total return (e)
|
2.00% | (5.46)% | 11.97%(f) | (1.23)%(f) | 3.68% | 3.43% | |||||
Ratios and Supplemental Data: | |||||||||||
Net assets, end of period (in 000s)
|
$5,954,071 | $8,460,243 | $6,294,196 | $1,433,094 | $2,222,400 | $3,189,624 | |||||
Ratios to average net assets: | |||||||||||
Total expenses
|
0.71%(g) | 0.70% | 0.70% | 0.70% | 0.70% | 0.70% | |||||
Net expenses
|
0.70%(g) | 0.70% | 0.70% | —% | —% | —% | |||||
Net investment income (loss)
|
6.45%(g) | 4.33% | 4.31% | 5.17% | 5.33% | 4.30% | |||||
Portfolio turnover rate
|
54%(h) | 140% | 176% | 195%(i) | 124%(i) | 90%(i) |
(a) | The per share amounts and percentages include the Fund’s proportionate share of income and expenses of the Portfolio prior to discontinuance of the master feeder structure. |
(b) | Per share numbers have been calculated using average shares outstanding, which more appropriately presents the per share data for the period. |
(c) | Amounts shown in this caption for a share outstanding may not accord with the change in aggregate gains and losses in securities for the fiscal period because of the timing of sales and repurchases of Fund shares in relation to fluctuating market values for the Fund. |
(d) | Amount is less than $0.005 per share. |
(e) | Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of each distribution. Total returns for periods of less than one year are not annualized. Broker commission charges are not included in this calculation. |
(f) | If an affiliate had not made a contribution during the years ended ended June 30, 2021 and June 30, 2020, the total return would have remained 11.97% and (1.23)%, respectively. |
(g) | Annualized. |
(h) | Not annualized. |
(i) | Portfolio turnover rate is from the the affiliated Portfolio prior to the discontinuance of the master feeder structure. |
SPDR Blackstone High Income ETF |
SPDR Blackstone Senior Loan ETF |
Annual Rate | |
SPDR Blackstone High Income ETF
|
0.70% |
SPDR Blackstone Senior Loan ETF
|
0.70 |
Purchases | Sales | ||
SPDR Blackstone High Income ETF
|
$ 77,477,811 | $ 74,924,121 | |
SPDR Blackstone Senior Loan ETF
|
3,587,006,200 | 5,742,157,806 |
Tax
Cost |
Gross
Unrealized Appreciation |
Gross
Unrealized Depreciation |
Net
Unrealized Appreciation (Depreciation) | ||||
SPDR Blackstone High Income ETF
|
$ 127,369,049 | $684,086 | $ 4,239,527 | $ (3,555,441) | |||
SPDR Blackstone Senior Loan ETF
|
6,209,771,349 | — | 211,148,991 | (211,148,991) |
SPDR Blackstone High Income ETF | |
Annualized Expense Ratio
|
0.70% |
Actual: | |
Ending Account Value
|
$1,032.50 |
Expenses Paid During Period(a)
|
3.59 |
Hypothetical (assuming a 5% return before expenses): | |
Ending Account Value
|
1,021.70 |
Expenses Paid During Period(a)
|
3.57 |
(a) | Expenses are equal to the Fund's annualized net expense ratio multiplied by the average account value of the period, multiplied by 184, then divided by 365. |
SPDR Blackstone Senior Loan ETF | |
Annualized Expense Ratio
|
0.70% |
Actual: | |
Ending Account Value
|
$1,020.00 |
Expenses Paid During Period(a)
|
3.56 |
Hypothetical (assuming a 5% return before expenses): | |
Ending Account Value
|
1,021.70 |
Expenses Paid During Period(a)
|
3.57 |
(a) | Expenses are equal to the Fund's annualized net expense ratio multiplied by the average account value of the period, multiplied by 184, then divided by 365. |
Trustee Nominee Name | Shares For | Shares Withheld |
Clare S. Richer | 458,963,922.211 | 3,805,311.071 |
Sandra G. Sponem | 458,912,867.553 | 3,856,365.729 |
Kristi L. Rowsell | 459,030,936.405 | 3,738,296.877 |
Gunjan Chauhan | 458,827,846.171 | 3,941,387.111 |
Carolyn M. Clancy | 459,042,164.143 | 3,727,069.139 |