SPDR Dow Jones REIT ETF |
SPDR Portfolio S&P 400 Mid Cap ETF |
SPDR Portfolio S&P 500 ETF |
SPDR Portfolio S&P 500 Growth ETF |
SPDR Portfolio S&P 500 High Dividend ETF |
SPDR Portfolio S&P 500 Value ETF |
SPDR Portfolio S&P 600 Small Cap ETF |
SPDR Portfolio S&P 1500 Composite Stock Market ETF |
SPDR S&P Aerospace & Defense ETF |
SPDR S&P Bank ETF |
SPDR S&P Biotech ETF |
SPDR S&P Dividend ETF |
SPDR S&P Homebuilders ETF |
SPDR S&P Oil & Gas Exploration & Production ETF |
SPDR S&P Regional Banking ETF |
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Management’s Discussion of Fund Performance, Performance Summaries & Portfolio Statistics (Unaudited) | |
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Schedules of Investments | |
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Cumulative Total Return | Average Annual Total Return | ||||||
Net
Asset Value |
Market
Value |
Dow Jones U.S. Select REIT Index | Net
Asset Value |
Market
Value |
Dow Jones U.S. Select REIT Index | ||
ONE YEAR | (6.69)% | (6.63)% | (6.41)% | (6.69)% | (6.63)% | (6.41)% | |
FIVE YEARS | 21.70% | 21.75% | 23.34% | 4.01% | 4.02% | 4.28% | |
TEN YEARS | 84.60% | 84.77% | 89.75% | 6.32% | 6.33% | 6.61% |
Description | % of Net Assets | ||
Prologis, Inc. REIT | 9.0% | ||
Equinix, Inc. REIT | 6.2 | ||
Public Storage REIT | 4.9 | ||
Realty Income Corp. REIT | 4.2 | ||
Welltower, Inc. REIT | 3.9 | ||
Digital Realty Trust, Inc. REIT | 3.8 | ||
Simon Property Group, Inc. REIT | 3.2 | ||
AvalonBay Communities, Inc. REIT | 2.8 | ||
Equity Residential REIT | 2.6 | ||
Extra Space Storage, Inc. REIT | 2.4 | ||
TOTAL | 43.0% |
% of Net Assets | |||
Residential REITs | 21.5% | ||
Specialized REITs | 20.3 | ||
Industrial REITs | 16.1 | ||
Retail REITs | 14.8 | ||
Health Care REITs | 11.1 | ||
Office REITs | 8.3 | ||
Diversified REITs | 3.8 | ||
Hotel & Resort REITs | 3.4 | ||
Short-Term Investments | 0.7 | ||
Liabilities in Excess of Other Assets | (0.0)* | ||
TOTAL | 100.0% | ||
* | Amount shown represents less than 0.05% of net assets. |
Cumulative Total Return | Average Annual Total Return | ||||||
Net
Asset Value(1) |
Market
Value(1) |
S&P MidCap 400 Index(2) | Net
Asset Value(1) |
Market
Value(1) |
S&P MidCap 400 Index(2) | ||
ONE YEAR | (14.67)% | (14.66)% | (14.64)% | (14.67)% | (14.66)% | (14.64)% | |
FIVE YEARS | 40.21% | 39.93% | 40.60% | 6.99% | 6.95% | 7.05% | |
TEN YEARS | 171.82% | 171.96% | 174.71% | 10.52% | 10.52% | 10.63% |
(1) | Effective January 24, 2020, the Fund changed its benchmark index from the S&P 1000 Index to the S&P MidCap 400 Index. Effective August 31, 2016, the Fund changed its benchmark index from the Russell Small Cap Completeness Index to the S&P 1000 Index. Effective July 13, 2013, the Fund changed its benchmark from the Dow Jones U.S. Mid-Cap Total Stock Market Index to the Russell Small Cap Completeness Index. The Fund’s performance in the tables above and the graph below is based on the Fund’s prior investment strategy to track different benchmark indices for periods prior to January 24, 2020. |
(2) | Index returns represent the Fund’s prior benchmark indices from June 30, 2010 through January 24, 2020 and the S&P MidCap 400 Index from January 24, 2020 through June 30, 2022. |
Description | % of Net Assets | ||
Targa Resources Corp. | 0.7% | ||
Carlisle Cos., Inc. | 0.6 | ||
Steel Dynamics, Inc. | 0.6 | ||
First Horizon Corp. | 0.6 | ||
Alleghany Corp. | 0.6 | ||
Service Corp. International | 0.6 | ||
United Therapeutics Corp. | 0.6 | ||
Essential Utilities, Inc. | 0.6 | ||
Reliance Steel & Aluminum Co. | 0.5 | ||
Fair Isaac Corp. | 0.5 | ||
TOTAL | 5.9% |
% of Net Assets | |||
Industrials | 18.3% | ||
Financials | 14.9 | ||
Consumer Discretionary | 13.6 | ||
Information Technology | 13.0 | ||
Health Care | 10.2 | ||
Real Estate | 9.2 | ||
Materials | 6.9 | ||
Utilities | 4.1 | ||
Consumer Staples | 4.0 | ||
Energy | 4.0 | ||
Communication Services | 1.6 | ||
Short-Term Investments | 2.0 | ||
Liabilities in Excess of Other Assets | (1.8) | ||
TOTAL | 100.0% |
Cumulative Total Return | Average Annual Total Return | ||||||
Net
Asset Value(1) |
Market
Value(1) |
S&P 500 Index(2) | Net
Asset Value(1) |
Market
Value(1) |
S&P 500 Index(2) | ||
ONE YEAR | (10.67)% | (10.63)% | (10.62)% | (10.67)% | (10.63)% | (10.62)% | |
FIVE YEARS | 70.92% | 70.64% | 71.33% | 11.32% | 11.28% | 11.37% | |
TEN YEARS | 235.81% | 235.91% | 238.57% | 12.88% | 12.88% | 12.97% |
(1) | Effective January 24, 2020, the Fund changed its benchmark index from the SSGA Large Cap Index to the S&P 500 Index. Effective November 16, 2017, the Fund changed its benchmark index from the Russell 1000 Index to the SSGA Large Cap Index. Effective July 9, 2013, the Fund changed its benchmark index from the Dow Jones U.S. Large-Cap Total Stock Market Index to the Russell 1000 Index. The Fund’s performance in the tables above and graph below is based on the Fund’s prior investment strategy to track a different benchmark index for periods prior to January 24, 2020. |
(2) | Index returns represent the Fund’s prior benchmark indices from June 30, 2011 through January 23, 2020 and the S&P 500 Index from January 24, 2020 through June 30, 2022. |
Description | % of Net Assets | ||
Apple, Inc. | 6.6% | ||
Microsoft Corp. | 6.0 | ||
Amazon.com, Inc. | 2.9 | ||
Alphabet, Inc. Class A | 2.0 | ||
Alphabet, Inc. Class C | 1.9 | ||
Tesla, Inc. | 1.8 | ||
Berkshire Hathaway, Inc. Class B | 1.5 | ||
UnitedHealth Group, Inc. | 1.5 | ||
Johnson & Johnson | 1.5 | ||
NVIDIA Corp. | 1.2 | ||
TOTAL | 26.9% |
% of Net Assets | |||
Information Technology | 26.8% | ||
Health Care | 15.1 | ||
Financials | 10.8 | ||
Consumer Discretionary | 10.5 | ||
Communication Services | 8.9 | ||
Industrials | 7.8 | ||
Consumer Staples | 7.0 | ||
Energy | 4.3 | ||
Utilities | 3.1 | ||
Real Estate | 2.9 | ||
Materials | 2.6 | ||
Short-Term Investments | 0.3 | ||
Liabilities in Excess of Other Assets | (0.1) | ||
TOTAL | 100.0% |
Cumulative Total Return | Average Annual Total Return | ||||||
Net
Asset Value |
Market
Value |
S&P 500 Growth Index | Net
Asset Value |
Market
Value |
S&P 500 Growth Index | ||
ONE YEAR | (16.45)% | (16.35)% | (16.41)% | (16.45)% | (16.35)% | (16.41)% | |
FIVE YEARS | 87.41% | 87.61% | 88.04% | 13.39% | 13.41% | 13.46% | |
TEN YEARS | 277.11% | 277.13% | 282.12% | 14.19% | 14.20% | 14.35% |
Description | % of Net Assets | ||
Apple, Inc. | 13.7% | ||
Microsoft Corp. | 12.6 | ||
Amazon.com, Inc. | 6.1 | ||
Alphabet, Inc. Class A | 4.3 | ||
Alphabet, Inc. Class C | 3.9 | ||
Tesla, Inc. | 3.7 | ||
NVIDIA Corp. | 2.5 | ||
Meta Platforms, Inc. Class A | 2.4 | ||
Eli Lilly & Co. | 1.7 | ||
Home Depot, Inc. | 1.4 | ||
TOTAL | 52.3% |
% of Net Assets | |||||
Information Technology | 43.9% | ||||
Consumer Discretionary | 15.3 | ||||
Health Care | 12.5 | ||||
Communication Services | 11.4 | ||||
Financials | 6.8 | ||||
Industrials | 3.3 | ||||
Real Estate | 2.4 | ||||
Consumer Staples | 1.8 | ||||
Materials | 1.3 | ||||
Energy | 1.1 | ||||
Utilities | 0.1 | ||||
Short-Term Investments | 0.1 | ||||
Liabilities in Excess of Other Assets | (0.0) * | ||||
TOTAL | 100.0% | ||||
* | Amount shown represents less than 0.05% of net assets. |
Cumulative Total Return | Average Annual Total Return | ||||||
Net
Asset Value(1) |
Market
Value(1) |
S&P 500 High Dividend Index | Net
Asset Value(1) |
Market
Value(1) |
S&P 500 High Dividend Index | ||
ONE YEAR | 3.37% | 3.47% | 3.48% | 3.37% | 3.47% | 3.48% | |
FIVE YEARS | 44.08% | 44.17% | 44.50% | 7.58% | 7.59% | 7.64% | |
SINCE INCEPTION | 82.49% | 82.64% | 83.49% | 9.40% | 9.41% | 9.50% |
(1) | For the period October 21, 2015 to June 30, 2022. Since shares of the Fund did not trade in the secondary market until the day after the Fund’s inception, for the period from inception to the first day of secondary market trading in shares of the Fund (10/21/15, 10/22/15, respectively), the NAV of the Fund is used as a proxy for the secondary market trading price to calculate market returns. |
Description | % of Net Assets | ||
Valero Energy Corp. | 1.8% | ||
Bristol-Myers Squibb Co. | 1.6 | ||
Exxon Mobil Corp. | 1.6 | ||
Marathon Petroleum Corp. | 1.6 | ||
Consolidated Edison, Inc. | 1.5 | ||
AbbVie, Inc. | 1.5 | ||
Merck & Co., Inc. | 1.5 | ||
Sempra Energy | 1.5 | ||
Chevron Corp. | 1.5 | ||
Organon & Co. | 1.5 | ||
TOTAL | 15.6% |
% of Net Assets | |||
Utilities | 19.2% | ||
Energy | 14.5 | ||
Financials | 13.9 | ||
Real Estate | 12.4 | ||
Consumer Staples | 11.6 | ||
Health Care | 11.1 | ||
Materials | 6.2 | ||
Communication Services | 6.0 | ||
Information Technology | 2.5 | ||
Consumer Discretionary | 1.1 | ||
Industrials | 1.0 | ||
Short-Term Investments | 0.7 | ||
Liabilities in Excess of Other Assets | (0.2) | ||
TOTAL | 100.0% |
Cumulative Total Return | Average Annual Total Return | ||||||
Net
Asset Value |
Market
Value |
S&P 500 Value Index | Net
Asset Value |
Market
Value |
S&P 500 Value Index | ||
ONE YEAR | (4.92)% | (4.86)% | (4.86)% | (4.92)% | (4.86)% | (4.86)% | |
FIVE YEARS | 47.73% | 47.82% | 48.22% | 8.12% | 8.13% | 8.19% | |
TEN YEARS | 179.72% | 179.91% | 183.16% | 10.83% | 10.84% | 10.97% |
Description | % of Net Assets | ||
Berkshire Hathaway, Inc. Class B | 2.9% | ||
Johnson & Johnson | 2.8 | ||
Exxon Mobil Corp. | 2.1 | ||
Procter & Gamble Co. | 2.1 | ||
Chevron Corp. | 1.7 | ||
UnitedHealth Group, Inc. | 1.7 | ||
Coca-Cola Co. | 1.5 | ||
Merck & Co., Inc. | 1.4 | ||
Verizon Communications, Inc. | 1.3 | ||
Visa, Inc. Class A | 1.1 | ||
TOTAL | 18.6% |
% of Net Assets | |||||
Health Care | 17.5% | ||||
Financials | 14.5 | ||||
Industrials | 11.9 | ||||
Consumer Staples | 11.7 | ||||
Information Technology | 11.1 | ||||
Energy | 7.3 | ||||
Communication Services | 6.6 | ||||
Consumer Discretionary | 6.1 | ||||
Utilities | 5.9 | ||||
Materials | 3.8 | ||||
Real Estate | 3.4 | ||||
Short-Term Investments | 0.2 | ||||
Other Assets in Excess of Liabilities | 0.0 * | ||||
TOTAL | 100.0% | ||||
* | Amount shown represents less than 0.05% of net assets. |
Cumulative Total Return | Average Annual Total Return | ||||||
Net
Asset Value(1) (2) |
Market
Value(1) (2) |
S&P SmallCap 600 Index(3) | Net
Asset Value(1) (2) |
Market
Value(1) (2) |
S&P SmallCap 600 Index(3) | ||
ONE YEAR | (16.87)% | (16.86)% | (16.81)% | (16.87)% | (16.86)% | (16.81)% | |
FIVE YEARS | 40.47% | 40.53% | 40.81% | 7.03% | 7.04% | 7.08% | |
SINCE INCEPTION(2) | 108.57% | 108.61% | 108.63% | 8.53% | 8.53% | 8.54% |
(1) | Effective January 24, 2020, the Fund changed its benchmark index from the SSGA Small Cap Index to the S&P SmallCap 600 Index. Effective November 16, 2017, the Fund changed its benchmark index from the Russell 2000 Index to the SSGA Small Cap Index. The Fund’s performance in the tables above and graph below is based on the Fund’s prior investment strategy to track different indices for periods prior to January 24, 2020. |
(2) | For the period July 8, 2013 to June 30, 2022. Since shares of the Fund did not trade in the secondary market until one day after the Fund’s inception, for the period from inception to the first day of secondary market trading in shares of the Fund (7/8/13, 7/9/13, respectively), the NAV of the Fund is used as a proxy for the secondary market trading price to calculate market returns. |
(3) | Index returns represent the Fund’s prior benchmark indices from July 8, 2013 through January 23, 2020 and the S&P SmallCap 600 Index from January 24, 2020 through June 30, 2022. |
Description | % of Net Assets | ||
Southwestern Energy Co. | 0.8% | ||
Agree Realty Corp. REIT | 0.6 | ||
Omnicell, Inc. | 0.6 | ||
AMN Healthcare Services, Inc. | 0.6 | ||
Rogers Corp. | 0.6 | ||
ExlService Holdings, Inc. | 0.6 | ||
Vonage Holdings Corp. | 0.6 | ||
Exponent, Inc. | 0.5 | ||
Helmerich & Payne, Inc. | 0.5 | ||
Lantheus Holdings, Inc. | 0.5 | ||
TOTAL | 5.9% |
% of Net Assets | |||
Financials | 18.1% | ||
Industrials | 16.2 | ||
Information Technology | 13.4 | ||
Health Care | 12.4 | ||
Consumer Discretionary | 11.4 | ||
Real Estate | 7.6 | ||
Consumer Staples | 5.6 | ||
Materials | 5.4 | ||
Energy | 5.2 | ||
Utilities | 2.3 | ||
Communication Services | 2.1 | ||
Short-Term Investments | 4.2 | ||
Liabilities in Excess of Other Assets | (3.9) | ||
TOTAL | 100.0% |
Cumulative Total Return | Average Annual Total Return | ||||||
Net
Asset Value(1) |
Market
Value(1) |
S&P Composite 1500 Index(2) | Net
Asset Value(1) |
Market
Value(1) |
S&P Composite 1500 Index(2) | ||
ONE YEAR | (11.02)% | (10.92)% | (11.02)% | (11.02)% | (10.92)% | (11.02)% | |
FIVE YEARS | 68.20% | 67.96% | 68.36% | 10.96% | 10.93% | 10.98% | |
TEN YEARS | 230.10% | 230.54% | 232.59% | 12.68% | 12.70% | 12.77% |
(1) | Effective January 24, 2020, the Fund changed it's benchmark index from the SSGA Total Stock Market Index to the S&P Composite 1500 Index. Effective November 16, 2017, the Fund changed its benchmark index from the Russell 3000 Index to the SSGA Total Stock Market Index. Effective July 9, 2013, the Fund changed its benchmark index from the Dow Jones U.S. Total Stock Market Index to the Russell 3000 Index. The Fund’s performance in the tables above is based on the Fund’s prior investment strategy to track different benchmark indices for periods prior to January 24, 2020. |
(2) | Index returns represent the Fund’s prior benchmark indices from June 30, 2011 through January 23, 2020 and the S&P Composite 1500 Index from January 24, 2020 through June 30, 2022. |
Description | % of Net Assets | ||
Apple, Inc. | 6.1% | ||
Microsoft Corp. | 5.5 | ||
Amazon.com, Inc. | 2.7 | ||
Alphabet, Inc. Class A | 1.9 | ||
Alphabet, Inc. Class C | 1.7 | ||
Tesla, Inc. | 1.6 | ||
Berkshire Hathaway, Inc. Class B | 1.4 | ||
UnitedHealth Group, Inc. | 1.4 | ||
Johnson & Johnson | 1.3 | ||
NVIDIA Corp. | 1.1 | ||
TOTAL | 24.7% |
% of Net Assets | |||
Information Technology | 25.7% | ||
Health Care | 14.7 | ||
Financials | 11.3 | ||
Consumer Discretionary | 10.8 | ||
Industrials | 8.6 | ||
Communication Services | 8.3 | ||
Consumer Staples | 6.8 | ||
Energy | 4.3 | ||
Real Estate | 3.3 | ||
Utilities | 3.1 | ||
Materials | 2.9 | ||
Short-Term Investments | 0.6 | ||
Liabilities in Excess of Other Assets | (0.4) | ||
TOTAL | 100.0% |
Cumulative Total Return | Average Annual Total Return | ||||||
Net
Asset Value |
Market
Value |
S&P Aerospace & Defense Select Industry Index | Net
Asset Value |
Market
Value |
S&P Aerospace & Defense Select Industry Index | ||
ONE YEAR | (23.65)% | (23.62)% | (23.43)% | (23.65)% | (23.62)% | (23.43)% | |
FIVE YEARS | 48.98% | 49.03% | 51.58% | 8.30% | 8.31% | 8.67% | |
TEN YEARS | 288.43% | 288.46% | 302.79% | 14.53% | 14.53% | 14.95% |
Description | % of Net Assets | ||
Boeing Co. | 3.9% | ||
Mercury Systems, Inc. | 3.8 | ||
BWX Technologies, Inc. | 3.7 | ||
Northrop Grumman Corp. | 3.7 | ||
Huntington Ingalls Industries, Inc. | 3.7 | ||
Aerojet Rocketdyne Holdings, Inc. | 3.6 | ||
Raytheon Technologies Corp. | 3.6 | ||
L3Harris Technologies, Inc. | 3.6 | ||
Lockheed Martin Corp. | 3.6 | ||
General Dynamics Corp. | 3.5 | ||
TOTAL | 36.7% |
% of Net Assets | |||
Aerospace & Defense | 99.9% | ||
Short-Term Investments | 3.7 | ||
Liabilities in Excess of Other Assets | (3.6) | ||
TOTAL | 100.0% |
Cumulative Total Return | Average Annual Total Return | ||||||
Net
Asset Value |
Market
Value |
S&P Banks Select Industry Index | Net
Asset Value |
Market
Value |
S&P Banks Select Industry Index | ||
ONE YEAR | (12.36)% | (12.30)% | (12.01)% | (12.36)% | (12.30)% | (12.01)% | |
FIVE YEARS | 13.36% | 13.46% | 15.18% | 2.54% | 2.56% | 2.87% | |
TEN YEARS | 143.92% | 143.97% | 152.35% | 9.33% | 9.33% | 9.70% |
Description | % of Net Assets | ||
First Interstate BancSystem, Inc. Class A | 1.3% | ||
Texas Capital Bancshares, Inc. | 1.3 | ||
Truist Financial Corp. | 1.3 | ||
First Citizens BancShares, Inc. Class A | 1.3 | ||
First Republic Bank | 1.2 | ||
Umpqua Holdings Corp. | 1.2 | ||
SouthState Corp. | 1.2 | ||
Columbia Banking System, Inc. | 1.2 | ||
United Bankshares, Inc. | 1.2 | ||
Prosperity Bancshares, Inc. | 1.2 | ||
TOTAL | 12.4% |
% of Net Assets | |||
Banks | 80.9% | ||
Thrifts & Mortgage Finance | 12.2 | ||
Diversified Financial Services | 4.4 | ||
Capital Markets | 2.4 | ||
Short-Term Investments | 2.1 | ||
Liabilities in Excess of Other Assets | (2.0) | ||
TOTAL | 100.0% |
Cumulative Total Return | Average Annual Total Return | ||||||
Net
Asset Value |
Market
Value |
S&P Biotechnology Select Industry Index | Net
Asset Value |
Market
Value |
S&P Biotechnology Select Industry Index | ||
ONE YEAR | (45.23)% | (45.18)% | (45.14)% | (45.23)% | (45.18)% | (45.14)% | |
FIVE YEARS | (3.25)% | (3.17)% | (3.10)% | (0.66)% | (0.64)% | (0.63)% | |
TEN YEARS | 159.97% | 160.31% | 155.70% | 10.03% | 10.04% | 9.84% |
Description | % of Net Assets | ||
Global Blood Therapeutics, Inc. | 1.5% | ||
Iovance Biotherapeutics, Inc. | 1.4 | ||
Twist Bioscience Corp. | 1.4 | ||
Amicus Therapeutics, Inc. | 1.3 | ||
Seagen, Inc. | 1.3 | ||
Novavax, Inc. | 1.3 | ||
Fate Therapeutics, Inc. | 1.3 | ||
Karuna Therapeutics, Inc. | 1.3 | ||
PTC Therapeutics, Inc. | 1.3 | ||
Intellia Therapeutics, Inc. | 1.3 | ||
TOTAL | 13.4% |
% of Net Assets | |||
Biotechnology | 100.0% | ||
Short-Term Investments | 8.7 | ||
Liabilities in Excess of Other Assets | (8.7) | ||
TOTAL | 100.0% |
Cumulative Total Return | Average Annual Total Return | ||||||
Net
Asset Value |
Market
Value |
S&P High Yield Dividend Aristocrats Index | Net
Asset Value |
Market
Value |
S&P High Yield Dividend Aristocrats Index | ||
ONE YEAR | (0.28)% | (0.21)% | 0.09% | (0.28)% | (0.21)% | 0.09% | |
FIVE YEARS | 57.03% | 57.12% | 59.86% | 9.45% | 9.46% | 9.84% | |
TEN YEARS | 209.54% | 209.59% | 221.70% | 11.96% | 11.96% | 12.39% |
Description | % of Net Assets | ||
International Business Machines Corp. | 2.2% | ||
Leggett & Platt, Inc. | 2.0 | ||
Amcor PLC | 1.9 | ||
National Retail Properties, Inc. REIT | 1.8 | ||
Exxon Mobil Corp. | 1.8 | ||
UGI Corp. | 1.7 | ||
Realty Income Corp. REIT | 1.7 | ||
Kimberly-Clark Corp. | 1.6 | ||
Franklin Resources, Inc. | 1.6 | ||
South Jersey Industries, Inc. | 1.5 | ||
TOTAL | 17.8% |
% of Net Assets | |||
Industrials | 16.7% | ||
Consumer Staples | 16.2 | ||
Financials | 15.4 | ||
Utilities | 15.2 | ||
Materials | 9.3 | ||
Consumer Discretionary | 7.6 | ||
Health Care | 5.8 | ||
Real Estate | 5.5 | ||
Information Technology | 3.5 | ||
Energy | 3.2 | ||
Communication Services | 1.3 | ||
Short-Term Investments | 1.5 | ||
Liabilities in Excess of Other Assets | (1.2) | ||
TOTAL | 100.0% |
Cumulative Total Return | Average Annual Total Return | ||||||
Net
Asset Value |
Market
Value |
S&P Homebuilders Select Industry Index | Net
Asset Value |
Market
Value |
S&P Homebuilders Select Industry Index | ||
ONE YEAR | (24.73)% | (24.66)% | (24.48)% | (24.73)% | (24.66)% | (24.48)% | |
FIVE YEARS | 48.50% | 48.66% | 50.44% | 8.23% | 8.25% | 8.51% | |
TEN YEARS | 175.51% | 175.50% | 183.80% | 10.67% | 10.67% | 10.99% |
Description | % of Net Assets | ||
Lennox International, Inc. | 4.1% | ||
Trane Technologies PLC | 3.9 | ||
NVR, Inc. | 3.8 | ||
Carrier Global Corp. | 3.8 | ||
Home Depot, Inc. | 3.8 | ||
Lennar Corp. Class A | 3.8 | ||
PulteGroup, Inc. | 3.7 | ||
Whirlpool Corp. | 3.7 | ||
Toll Brothers, Inc. | 3.7 | ||
Mohawk Industries, Inc. | 3.7 | ||
TOTAL | 38.0% |
% of Net Assets | |||
Building Products | 45.9% | ||
Homebuilding | 32.0 | ||
Home Improvement Retail | 11.0 | ||
Home Furnishings | 3.7 | ||
Household Appliances | 3.7 | ||
Homefurnishing Retail | 3.6 | ||
Short-Term Investments | 2.8 | ||
Liabilities in Excess of Other Assets | (2.7) | ||
TOTAL | 100.0% |
Cumulative Total Return | Average Annual Total Return | ||||||
Net
Asset Value |
Market
Value |
S&P Oil & Gas Exploration & Production Select Industry Index | Net
Asset Value |
Market
Value |
S&P Oil & Gas Exploration & Production Select Industry Index | ||
ONE YEAR | 25.79% | 25.80% | 26.28% | 25.79% | 25.80% | 26.28% | |
FIVE YEARS | 1.61% | 1.58% | 2.83% | 0.32% | 0.31% | 0.56% | |
TEN YEARS | (31.80)% | (31.78)% | (30.77)% | (3.75)% | (3.75)% | (3.61)% |
Description | % of Net Assets | ||
Continental Resources, Inc. | 2.5% | ||
Occidental Petroleum Corp. | 2.5 | ||
Exxon Mobil Corp. | 2.3 | ||
Hess Corp. | 2.3 | ||
Chevron Corp. | 2.3 | ||
Pioneer Natural Resources Co. | 2.3 | ||
HF Sinclair Corp. | 2.2 | ||
Texas Pacific Land Corp. | 2.2 | ||
Diamondback Energy, Inc. | 2.1 | ||
Kosmos Energy, Ltd. | 2.1 | ||
TOTAL | 22.8% |
% of Net Assets | |||
Oil, Gas & Consumable Fuels | 100.1% | ||
Short-Term Investments | 3.7 | ||
Liabilities in Excess of Other Assets | (3.8) | ||
TOTAL | 100.0% |
Cumulative Total Return | Average Annual Total Return | ||||||
Net
Asset Value |
Market
Value |
S&P Regional Banks Select Industry Index | Net
Asset Value |
Market
Value |
S&P Regional Banks Select Industry Index | ||
ONE YEAR | (9.37)% | (9.31)% | (9.01)% | (9.37)% | (9.31)% | (9.01)% | |
FIVE YEARS | 19.01% | 19.10% | 20.97% | 3.54% | 3.56% | 3.88% | |
TEN YEARS | 161.00% | 160.84% | 170.88% | 10.07% | 10.06% | 10.48% |
Description | % of Net Assets | ||
Truist Financial Corp. | 1.5% | ||
First Citizens BancShares, Inc. Class A | 1.5 | ||
First Republic Bank | 1.5 | ||
SouthState Corp. | 1.5 | ||
Prosperity Bancshares, Inc. | 1.5 | ||
Cullen/Frost Bankers, Inc. | 1.5 | ||
PNC Financial Services Group, Inc. | 1.5 | ||
First Horizon Corp. | 1.5 | ||
Popular, Inc. | 1.5 | ||
Bank OZK | 1.4 | ||
TOTAL | 14.9% |
% of Net Assets | |||
Banks | 99.1% | ||
Thrifts & Mortgage Finance | 0.6 | ||
Short-Term Investments | 0.7 | ||
Liabilities in Excess of Other Assets | (0.4) | ||
TOTAL | 100.0% |
Description | Number
of Contracts |
Expiration
Date |
Notional
Amount |
Value | Unrealized
Appreciation (Depreciation) | |||||
DJ US Real Estate Index (long) | 323 | 09/16/2022 | $11,274,134 | $11,527,870 | $253,736 |
Description | Level
1 – Quoted Prices |
Level
2 – Other Significant Observable Inputs |
Level
3 – Significant Unobservable Inputs |
Total | ||||
ASSETS: | ||||||||
INVESTMENTS: | ||||||||
Common Stocks
|
$1,708,672,907 | $— | $— | $1,708,672,907 | ||||
Short-Term Investments
|
13,210,083 | — | — | 13,210,083 | ||||
TOTAL INVESTMENTS
|
$1,721,882,990 | $— | $— | $1,721,882,990 | ||||
OTHER FINANCIAL INSTRUMENTS: | ||||||||
Futures Contracts(a)
|
$ 253,736 | $— | $— | $ 253,736 | ||||
TOTAL OTHER FINANCIAL INSTRUMENTS:
|
$ 253,736 | $— | $— | $ 253,736 | ||||
TOTAL INVESTMENTS AND OTHER FINANCIAL
INSTRUMENTS
|
$1,722,136,726 | $— | $— | $1,722,136,726 |
(a) | Futures Contracts are valued at unrealized appreciation (depreciation). |
Number
of Shares Held at 6/30/21 |
Value
at 6/30/21 |
Cost
of Purchases |
Proceeds
from Shares Sold |
Realized
Gain (Loss) |
Change
in Unrealized Appreciation/ Depreciation |
Number
of Shares Held at 6/30/22 |
Value
at 6/30/22 |
Dividend
Income | |||||||||
State Street Institutional Liquid Reserves Fund,
Premier Class
|
3,631,274 | $3,632,363 | $ 99,311,585 | $ 96,853,088 | $(3,793) | $(65) | 6,087,611 | $ 6,087,002 | $24,926 | ||||||||
State Street Navigator Securities Lending
Portfolio II
|
6,259,134 | 6,259,134 | 303,843,716 | 302,979,769 | — | — | 7,123,081 | 7,123,081 | 22,410 | ||||||||
Total
|
$9,891,497 | $403,155,301 | $399,832,857 | $(3,793) | $(65) | $13,210,083 | $47,336 |
Description | Level
1 – Quoted Prices |
Level
2 – Other Significant Observable Inputs |
Level
3 – Significant Unobservable Inputs |
Total | ||||
ASSETS: | ||||||||
INVESTMENTS: | ||||||||
Common Stocks
|
$4,550,957,415 | $— | $— | $4,550,957,415 | ||||
Short-Term Investments
|
90,405,395 | — | — | 90,405,395 | ||||
TOTAL INVESTMENTS
|
$4,641,362,810 | $— | $— | $4,641,362,810 |
Number
of Shares Held at 6/30/21 |
Value
at 6/30/21 |
Cost
of Purchases |
Proceeds
from Shares Sold |
Realized
Gain (Loss) |
Change
in Unrealized Appreciation/ Depreciation |
Number
of Shares Held at 6/30/22 |
Value
at 6/30/22 |
Dividend
Income | |||||||||
State Street Institutional Liquid Reserves Fund,
Premier Class
|
2,441,967 | $ 2,442,700 | $ 217,355,461 | $ 217,855,603 | $(490) | $— | 1,942,263 | $ 1,942,068 | $ 14,999 | ||||||||
State Street Navigator Securities Lending
Portfolio II
|
89,250,480 | 89,250,480 | 963,537,273 | 964,324,426 | — | — | 88,463,327 | 88,463,327 | 212,387 | ||||||||
Total
|
$91,693,180 | $1,180,892,734 | $1,182,180,029 | $(490) | $— | $90,405,395 | $227,386 |
Description | Number
of Contracts |
Expiration
Date |
Notional
Amount |
Value | Unrealized
Appreciation (Depreciation) | |||||
E-Mini S&P 500 Index (long) | 138 | 09/16/2022 | $25,950,411 | $26,147,550 | $197,139 |
Description | Level
1 – Quoted Prices |
Level
2 – Other Significant Observable Inputs |
Level
3 – Significant Unobservable Inputs |
Total | ||||
ASSETS: | ||||||||
INVESTMENTS: | ||||||||
Common Stocks
|
$ 12,734,112,469 | $— | $— | $ 12,734,112,469 | ||||
Short-Term Investments
|
41,317,626 | — | — | 41,317,626 | ||||
TOTAL INVESTMENTS
|
$12,775,430,095 | $— | $— | $12,775,430,095 | ||||
OTHER FINANCIAL INSTRUMENTS: | ||||||||
Futures Contracts(a)
|
$ 197,139 | $— | $— | $ 197,139 | ||||
TOTAL OTHER FINANCIAL INSTRUMENTS:
|
$ 197,139 | $— | $— | $ 197,139 | ||||
TOTAL INVESTMENTS AND OTHER FINANCIAL
INSTRUMENTS
|
$12,775,627,234 | $— | $— | $12,775,627,234 |
(a) | Futures Contracts are valued at unrealized appreciation (depreciation). |
Number
of Shares Held at 6/30/21 |
Value
at 6/30/21 |
Cost
of Purchases |
Proceeds
from Shares Sold |
Realized
Gain (Loss) |
Change
in Unrealized Appreciation/ Depreciation |
Number
of Shares Held at 6/30/22 |
Value
at 6/30/22 |
Dividend
Income | |||||||||
State Street Corp.
|
103,137 | $ 8,486,112 | $ 5,932,514 | $ 2,158,584 | $362,885 | $(3,682,321) | 145,022 | $ 8,940,606 | $300,128 | ||||||||
State Street Institutional Liquid Reserves Fund,
Premier Class
|
10,105,434 | 10,108,466 | 327,536,793 | 320,608,832 | (3,365) | (357) | 17,034,408 | 17,032,705 | 43,848 | ||||||||
State Street Navigator Securities Lending
Portfolio II
|
9,169,527 | 9,169,527 | 598,537,038 | 583,421,644 | — | — | 24,284,921 | 24,284,921 | 64,066 | ||||||||
Total
|
$27,764,105 | $932,006,345 | $906,189,060 | $359,520 | $(3,682,678) | $50,258,232 | $408,042 |
Description | Level
1 – Quoted Prices |
Level
2 – Other Significant Observable Inputs |
Level
3 – Significant Unobservable Inputs |
Total | ||||
ASSETS: | ||||||||
INVESTMENTS: | ||||||||
Common Stocks
|
$11,838,041,104 | $— | $— | $11,838,041,104 | ||||
Short-Term Investments
|
13,258,247 | — | — | 13,258,247 | ||||
TOTAL INVESTMENTS
|
$11,851,299,351 | $— | $— | $11,851,299,351 |
Number
of Shares Held at 6/30/21 |
Value
at 6/30/21 |
Cost
of Purchases |
Proceeds
from Shares Sold |
Realized
Gain (Loss) |
Change
in Unrealized Appreciation/ Depreciation |
Number
of Shares Held at 6/30/22 |
Value
at 6/30/22 |
Dividend
Income | |||||||||
State Street Institutional Liquid Reserves Fund,
Premier Class
|
4,554,231 | $4,555,597 | $250,330,157 | $246,010,215 | $(2,666) | $(82) | 8,873,678 | $ 8,872,791 | $22,470 | ||||||||
State Street Navigator Securities Lending
Portfolio II
|
— | — | 44,850,878 | 40,465,422 | — | — | 4,385,456 | 4,385,456 | 1,596 | ||||||||
Total
|
$4,555,597 | $295,181,035 | $286,475,637 | $(2,666) | $(82) | $13,258,247 | $24,066 |
Description | Number
of Contracts |
Expiration
Date |
Notional
Amount |
Value | Unrealized
Appreciation (Depreciation) | |||||
E-Mini S&P 500 Index (long) | 183 | 09/16/2022 | $34,393,010 | $34,673,925 | $280,915 |
Description | Level
1 – Quoted Prices |
Level
2 – Other Significant Observable Inputs |
Level
3 – Significant Unobservable Inputs |
Total | ||||
ASSETS: | ||||||||
INVESTMENTS: | ||||||||
Common Stocks
|
$7,726,045,096 | $— | $— | $7,726,045,096 | ||||
Short-Term Investments
|
55,576,069 | — | — | 55,576,069 | ||||
TOTAL INVESTMENTS
|
$7,781,621,165 | $— | $— | $7,781,621,165 | ||||
OTHER FINANCIAL INSTRUMENTS: | ||||||||
Futures Contracts(a)
|
$ 280,915 | $— | $— | $ 280,915 | ||||
TOTAL OTHER FINANCIAL INSTRUMENTS:
|
$ 280,915 | $— | $— | $ 280,915 | ||||
TOTAL INVESTMENTS AND OTHER FINANCIAL
INSTRUMENTS
|
$7,781,902,080 | $— | $— | $7,781,902,080 |
(a) | Futures Contracts are valued at unrealized appreciation (depreciation). |
Number
of Shares Held at 6/30/21 |
Value
at 6/30/21 |
Cost
of Purchases |
Proceeds
from Shares Sold |
Realized
Gain (Loss) |
Change
in Unrealized Appreciation/ Depreciation |
Number
of Shares Held at 6/30/22 |
Value
at 6/30/22 |
Dividend
Income | |||||||||
State Street Institutional Liquid Reserves Fund,
Premier Class
|
9,335,393 | $ 9,338,193 | $ 325,918,779 | $ 313,802,703 | $6,373 | $(113) | 21,462,675 | $21,460,529 | $36,428 | ||||||||
State Street Navigator Securities Lending
Portfolio II
|
16,855,361 | 16,855,361 | 866,410,862 | 849,150,683 | — | — | 34,115,540 | 34,115,540 | 58,179 | ||||||||
Total
|
$26,193,554 | $1,192,329,641 | $1,162,953,386 | $6,373 | $(113) | $55,576,069 | $94,607 |
(e) | The Fund invested in certain money market funds managed by SSGA Funds Management, Inc. Amounts related to these transactions during the period ended June 30, 2022 are shown in the Affiliate Table below. |
(f) | The rate shown is the annualized seven-day yield at June 30, 2022. |
(g) | Investment of cash collateral for securities loaned. |
REIT | Real Estate Investment Trust |
Description | Level
1 – Quoted Prices |
Level
2 – Other Significant Observable Inputs |
Level
3 – Significant Unobservable Inputs |
Total | ||||
ASSETS: | ||||||||
INVESTMENTS: | ||||||||
Common Stocks
|
$12,477,622,767 | $— | $— | $12,477,622,767 | ||||
Short-Term Investments
|
21,435,024 | — | — | 21,435,024 | ||||
TOTAL INVESTMENTS
|
$12,499,057,791 | $— | $— | $12,499,057,791 |
Number
of Shares Held at 6/30/21 |
Value
at 6/30/21 |
Cost
of Purchases |
Proceeds
from Shares Sold |
Realized
Gain (Loss) |
Change
in Unrealized Appreciation/ Depreciation |
Number
of Shares Held at 6/30/22 |
Value
at 6/30/22 |
Dividend
Income | |||||||||
State Street Corp.
|
247,382 | $20,354,591 | $ 14,741,564 | $ 12,108,135 | $1,017,240 | $(7,130,669) | 273,716 | $16,874,591 | $608,534 | ||||||||
State Street Institutional Liquid Reserves Fund,
Premier Class
|
12,754,119 | 12,757,945 | 481,628,935 | 483,499,047 | (4,483) | (190) | 10,884,249 | 10,883,160 | 44,141 | ||||||||
State Street Navigator Securities Lending
Portfolio II
|
23,613,887 | 23,613,887 | 546,740,478 | 559,802,501 | — | — | 10,551,864 | 10,551,864 | 49,437 | ||||||||
Total
|
$56,726,423 | $1,043,110,977 | $1,055,409,683 | $1,012,757 | $(7,130,859) | $38,309,615 | $ 702,112 |
Description | Number
of Contracts |
Expiration
Date |
Notional
Amount |
Value | Unrealized
Appreciation (Depreciation) | |||||
E-Mini Russell 2000 Index (long) | 58 | 09/16/2022 | $5,267,023 | $4,953,200 | $(313,823) |
Description | Level
1 – Quoted Prices |
Level
2 – Other Significant Observable Inputs |
Level
3 – Significant Unobservable Inputs |
Total | ||||
ASSETS: | ||||||||
INVESTMENTS: | ||||||||
Common Stocks
|
$3,997,482,074 | $ 133 | $ 0(a) | $3,997,482,207 | ||||
Rights
|
— | 10,486 | — | 10,486 | ||||
Warrants
|
— | 0(b) | — | 0 | ||||
Short-Term Investments
|
169,288,913 | — | — | 169,288,913 | ||||
TOTAL INVESTMENTS
|
$4,166,770,987 | $10,619 | $ 0 | $4,166,781,606 | ||||
LIABILITIES: | ||||||||
OTHER FINANCIAL INSTRUMENTS: | ||||||||
Futures Contracts(c)
|
(313,823) | — | — | (313,823) | ||||
TOTAL OTHER FINANCIAL INSTRUMENTS:
|
$ (313,823) | $ — | $— | $ (313,823) |
(a) | The Fund held a Level 3 security that was valued at $0 at June 30, 2022. |
(b) | The Fund held Level 2 securities that were valued at $0 at June 30, 2022. |
(c) | Futures Contracts are valued at unrealized appreciation (depreciation). |
Number
of Shares Held at 6/30/21 |
Value
at 6/30/21 |
Cost
of Purchases |
Proceeds
from Shares Sold |
Realized
Gain (Loss) |
Change
in Unrealized Appreciation/ Depreciation |
Number
of Shares Held at 6/30/22 |
Value
at 6/30/22 |
Dividend
Income | |||||||||
State Street Institutional Liquid Reserves Fund,
Premier Class
|
894,441 | $ 894,709 | $ 221,477,624 | $215,785,768 | $(501) | $(86) | 6,586,637 | $ 6,585,978 | $ 16,440 | ||||||||
State Street Navigator Securities Lending
Portfolio II
|
115,061,959 | 115,061,959 | 788,885,056 | 741,244,080 | — | — | 162,702,935 | 162,702,935 | 368,955 | ||||||||
Total
|
$115,956,668 | $1,010,362,680 | $957,029,848 | $(501) | $(86) | $169,288,913 | $385,395 |