The Communication Services Select Sector SPDR Fund | XLC |
The Consumer Discretionary Select Sector SPDR Fund | XLY |
The Consumer Staples Select Sector SPDR Fund | XLP |
The Energy Select Sector SPDR Fund | XLE |
The Financial Select Sector SPDR Fund | XLF |
The Health Care Select Sector SPDR Fund | XLV |
The Industrial Select Sector SPDR Fund | XLI |
The Materials Select Sector SPDR Fund | XLB |
The Real Estate Select Sector SPDR Fund | XLRE |
The Technology Select Sector SPDR Fund | XLK |
The Utilities Select Sector SPDR Fund | XLU |
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1 |
Management’s Discussion of Fund Performance, Performance Summaries & Portfolio Statistics (Unaudited) | |
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6 |
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9 |
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12 |
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16 |
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19 |
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22 |
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25 |
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29 |
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32 |
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35 |
Schedules of Investments | |
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38 |
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40 |
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42 |
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44 |
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46 |
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48 |
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50 |
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52 |
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53 |
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55 |
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57 |
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60 |
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73 |
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84 |
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95 |
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96 |
Cumulative Total Return | Average Annual Total Return | |||||||||||||
Net Asset Value |
Market Value |
Communication Services Select Sector Index | S&P 500 Index | Net Asset Value |
Market Value |
Communication Services Select Sector Index | S&P 500 Index | |||||||
ONE YEAR | 35.88% | 35.92% | 36.08% | 30.00% | 35.88% | 35.92% | 36.08% | 30.00% | ||||||
SINCE INCEPTION(1) | 64.89% | 64.85% | 65.54% | 64.81% | 16.43% | 16.42% | 16.58% | 16.42% | ||||||
(1) | For the period June 18, 2018 to September 30, 2021. |
Description | Market Value | % of Net Assets | ||
Facebook, Inc. Class A | 3,285,189,650 | 21.7% | ||
Alphabet, Inc. Class A | 1,790,319,995 | 11.8 | ||
Alphabet, Inc. Class C | 1,670,379,095 | 11.0 | ||
Netflix, Inc. | 731,107,976 | 4.8 | ||
Verizon Communications, Inc. | 714,269,180 | 4.7 | ||
TOTAL | 8,191,265,896 | 54.0% |
Cumulative Total Return | Average Annual Total Return | |||||||||||||
Net Asset Value |
Market Value |
Consumer Discretionary Select Sector Index | S&P 500 Index | Net Asset Value |
Market Value |
Consumer Discretionary Select Sector Index | S&P 500 Index | |||||||
ONE YEAR | 22.93% | 22.99% | 23.11% | 30.00% | 22.93% | 22.99% | 23.11% | 30.00% | ||||||
FIVE YEARS | 138.16% | 138.15% | 139.92% | 118.26% | 18.95% | 18.95% | 19.13% | 16.90% | ||||||
TEN YEARS | 488.94% | 488.97% | 499.41% | 365.86% | 19.40% | 19.40% | 19.61% | 16.63% | ||||||
Description | Market Value | % of Net Assets | ||
Amazon.com, Inc. | 4,347,145,992 | 22.1% | ||
Tesla, Inc. | 3,114,602,200 | 15.9 | ||
Home Depot, Inc. | 1,727,558,850 | 8.8 | ||
McDonald's Corp. | 903,898,726 | 4.6 | ||
NIKE, Inc. Class B | 797,390,543 | 4.1 | ||
TOTAL | 10,890,596,311 | 55.5% |
Cumulative Total Return | Average Annual Total Return | |||||||||||||
Net Asset Value |
Market Value |
Consumer Staples Select Sector Index | S&P 500 Index | Net Asset Value |
Market Value |
Consumer Staples Select Sector Index | S&P 500 Index | |||||||
ONE YEAR | 10.19% | 10.21% | 10.35% | 30.00% | 10.19% | 10.21% | 10.35% | 30.00% | ||||||
FIVE YEARS | 48.26% | 48.29% | 49.19% | 118.26% | 8.19% | 8.20% | 8.33% | 16.90% | ||||||
TEN YEARS | 204.03% | 204.03% | 209.32% | 365.86% | 11.76% | 11.76% | 11.95% | 16.63% | ||||||
Description | Market Value | % of Net Assets | ||
Procter & Gamble Co. | 1,880,627,206 | 16.0% | ||
PepsiCo, Inc. | 1,152,042,081 | 9.8 | ||
Coca-Cola Co. | 1,129,661,680 | 9.6 | ||
Walmart, Inc. | 1,103,856,149 | 9.4 | ||
Mondelez International, Inc. Class A | 549,223,971 | 4.7 | ||
TOTAL | 5,815,411,087 | 49.5% |
Cumulative Total Return | Average Annual Total Return | |||||||||||||
Net Asset Value |
Market Value |
Energy Select Sector Index | S&P 500 Index | Net Asset Value |
Market Value |
Energy Select Sector Index | S&P 500 Index | |||||||
ONE YEAR | 81.93% | 81.91% | 82.48% | 30.00% | 81.93% | 81.91% | 82.48% | 30.00% | ||||||
FIVE YEARS | – 7.47% | – 7.47% | – 6.76% | 118.26% | – 1.54% | – 1.54% | – 1.39% | 16.90% | ||||||
TEN YEARS | 24.87% | 24.82% | 26.56% | 365.86% | 2.25% | 2.24% | 2.38% | 16.63% | ||||||
Description | Market Value | % of Net Assets | ||
Exxon Mobil Corp. | 5,744,072,100 | 22.9% | ||
Chevron Corp. | 5,016,023,799 | 20.0 | ||
Schlumberger NV | 1,183,474,427 | 4.7 | ||
ConocoPhillips | 1,139,600,396 | 4.5 | ||
Marathon Petroleum Corp. | 1,126,308,186 | 4.5 | ||
TOTAL | 14,209,478,908 | 56.6% |
Cumulative Total Return | Average Annual Total Return | |||||||||||||
Net Asset Value |
Market Value |
Financial Select Sector Index | S&P 500 Index | Net Asset Value |
Market Value |
Financial Select Sector Index | S&P 500 Index | |||||||
ONE YEAR | 58.79% | 58.79% | 59.13% | 30.00% | 58.79% | 58.79% | 59.13% | 30.00% | ||||||
FIVE YEARS | 114.25% | 114.16% | 115.85% | 118.26% | 16.46% | 16.45% | 16.64% | 16.90% | ||||||
TEN YEARS | 373.58% | 373.50% | 380.74% | 365.86% | 16.83% | 16.82% | 17.00% | 16.63% | ||||||
Description | Market Value | % of Net Assets | ||
Berkshire Hathaway, Inc. Class B | 4,904,905,663 | 12.1% | ||
JPMorgan Chase & Co. | 4,741,969,166 | 11.7 | ||
Bank of America Corp. | 3,047,492,759 | 7.6 | ||
Wells Fargo & Co. | 1,847,601,035 | 4.6 | ||
Citigroup, Inc. | 1,378,967,592 | 3.4 | ||
TOTAL | 15,920,936,215 | 39.4% |
Cumulative Total Return | Average Annual Total Return | |||||||||||||
Net Asset Value |
Market Value |
Health Care Select Sector Index | S&P 500 Index | Net Asset Value |
Market Value |
Health Care Select Sector Index | S&P 500 Index | |||||||
ONE YEAR | 22.37% | 22.46% | 22.56% | 30.00% | 22.37% | 22.46% | 22.56% | 30.00% | ||||||
FIVE YEARS | 92.35% | 92.32% | 93.78% | 118.26% | 13.98% | 13.97% | 14.15% | 16.90% | ||||||
TEN YEARS | 374.85% | 374.79% | 382.94% | 365.86% | 16.86% | 16.86% | 17.05% | 16.63% | ||||||
Description | Market Value | % of Net Assets | ||
Johnson & Johnson | 2,661,273,551 | 8.8% | ||
UnitedHealth Group, Inc. | 2,306,265,874 | 7.6 | ||
Pfizer, Inc. | 1,509,486,057 | 5.0 | ||
Thermo Fisher Scientific, Inc. | 1,406,964,685 | 4.6 | ||
Abbott Laboratories | 1,310,912,827 | 4.3 | ||
TOTAL | 9,194,902,994 | 30.3% |
Cumulative Total Return | Average Annual Total Return | |||||||||||||
Net Asset Value |
Market Value |
Industrial Select Sector Index | S&P 500 Index | Net Asset Value |
Market Value |
Industrial Select Sector Index | S&P 500 Index | |||||||
ONE YEAR | 28.74% | 28.74% | 28.96% | 30.00% | 28.74% | 28.74% | 28.96% | 30.00% | ||||||
FIVE YEARS | 83.81% | 83.75% | 85.44% | 118.26% | 12.95% | 12.94% | 13.15% | 16.90% | ||||||
TEN YEARS | 308.03% | 308.05% | 315.09% | 365.86% | 15.10% | 15.10% | 15.30% | 16.63% | ||||||
Description | Market Value | % of Net Assets | ||
Honeywell International, Inc. | 863,295,209 | 5.0% | ||
United Parcel Service, Inc. Class B | 781,209,546 | 4.5 | ||
Raytheon Technologies Corp. | 763,492,938 | 4.4 | ||
Union Pacific Corp. | 752,932,233 | 4.3 | ||
Boeing Co. | 713,819,889 | 4.1 | ||
TOTAL | 3,874,749,815 | 22.3% |
Cumulative Total Return | Average Annual Total Return | |||||||||||||
Net Asset Value |
Market Value |
Materials Select Sector Index | S&P 500 Index | Net Asset Value |
Market Value |
Materials Select Sector Index | S&P 500 Index | |||||||
ONE YEAR | 26.60% | 26.63% | 26.48% | 30.00% | 26.60% | 26.63% | 26.48% | 30.00% | ||||||
FIVE YEARS | 82.96% | 82.93% | 83.39% | 118.26% | 12.84% | 12.84% | 12.89% | 16.90% | ||||||
TEN YEARS | 231.63% | 231.78% | 235.65% | 365.86% | 12.74% | 12.74% | 12.87% | 16.63% | ||||||
Description | Market Value | % of Net Assets | ||
Linde PLC | 1,251,560,547 | 16.7% | ||
Sherwin-Williams Co. | 559,766,584 | 7.5 | ||
Air Products & Chemicals, Inc. | 468,333,759 | 6.2 | ||
Ecolab, Inc. | 428,934,611 | 5.7 | ||
Freeport-McMoRan, Inc. | 394,508,193 | 5.3 | ||
TOTAL | 3,103,103,694 | 41.4% |
Cumulative Total Return | Average Annual Total Return | |||||||||||||
Net Asset Value |
Market Value |
Real Estate Select Sector Index | S&P 500 Index | Net Asset Value |
Market Value |
Real Estate Select Sector Index | S&P 500 Index | |||||||
ONE YEAR | 30.42% | 30.52% | 30.64% | 30.00% | 30.42% | 30.52% | 30.64% | 30.00% | ||||||
FIVE YEARS | 61.74% | 61.72% | 62.79% | 118.26% | 10.09% | 10.09% | 10.24% | 16.90% | ||||||
SINCE INCEPTION(1) | 82.63% | 82.65% | 84.15% | 142.23% | 10.59% | 10.59% | 10.75% | 15.94% | ||||||
(1) | For the period October 7, 2015 to September 30, 2021. |
Description | Market Value | % of Net Assets | ||
American Tower Corp. REIT | 546,978,161 | 12.8% | ||
Prologis, Inc. REIT | 419,862,124 | 9.8 | ||
Crown Castle International Corp. REIT | 339,190,706 | 7.9 | ||
Equinix, Inc. REIT | 321,114,363 | 7.5 | ||
Public Storage REIT | 205,120,217 | 4.8 | ||
TOTAL | 1,832,265,571 | 42.8% |
Cumulative Total Return | Average Annual Total Return | |||||||||||||
Net Asset Value |
Market Value |
Technology Select Sector Index | S&P 500 Index | Net Asset Value |
Market Value |
Technology Select Sector Index | S&P 500 Index | |||||||
ONE YEAR | 28.93% | 29.04% | 29.13% | 30.00% | 28.93% | 29.04% | 29.13% | 30.00% | ||||||
FIVE YEARS | 233.40% | 233.34% | 236.54% | 118.26% | 27.23% | 27.23% | 27.47% | 16.90% | ||||||
TEN YEARS | 639.78% | 639.65% | 654.11% | 365.86% | 22.15% | 22.15% | 22.39% | 16.63% | ||||||
Description | Market Value | % of Net Assets | ||
Apple, Inc. | 9,450,260,177 | 22.0% | ||
Microsoft Corp. | 9,010,211,972 | 21.0 | ||
NVIDIA Corp. | 2,195,541,342 | 5.1 | ||
Visa, Inc. Class A | 1,598,775,428 | 3.7 | ||
PayPal Holdings, Inc. | 1,300,347,953 | 3.0 | ||
TOTAL | 23,555,136,872 | 54.8% |
Cumulative Total Return | Average Annual Total Return | |||||||||||||
Net Asset Value |
Market Value |
Utilities Select Sector Index | S&P 500 Index | Net Asset Value |
Market Value |
Utilities Select Sector Index | S&P 500 Index | |||||||
ONE YEAR | 10.95% | 11.03% | 11.01% | 30.00% | 10.95% | 11.03% | 11.01% | 30.00% | ||||||
FIVE YEARS | 53.72% | 53.72% | 54.69% | 118.26% | 8.98% | 8.98% | 9.12% | 16.90% | ||||||
TEN YEARS | 169.31% | 169.19% | 174.07% | 365.86% | 10.41% | 10.41% | 10.61% | 16.63% | ||||||
Description | Market Value | % of Net Assets | ||
NextEra Energy, Inc. | 2,045,389,308 | 17.1% | ||
Duke Energy Corp. | 996,958,165 | 8.3 | ||
Southern Co. | 871,276,201 | 7.3 | ||
Dominion Energy, Inc. | 783,905,115 | 6.6 | ||
Exelon Corp. | 627,657,485 | 5.2 | ||
TOTAL | 5,325,186,274 | 44.5% |
Description | Level
1 – Quoted Prices |
Level
2 – Other Significant Observable Inputs |
Level
3 – Significant Unobservable Inputs |
Total | ||||
ASSETS: | ||||||||
INVESTMENTS: | ||||||||
Common Stocks
|
$15,171,752,126 | $— | $— | $15,171,752,126 | ||||
Short-Term Investments
|
80,184,375 | — | — | 80,184,375 | ||||
TOTAL INVESTMENTS
|
$15,251,936,501 | $— | $— | $15,251,936,501 |
Number
of Shares Held at 9/30/20 |
Value
at 9/30/20 |
Cost
of Purchases |
Proceeds
from Shares Sold |
Realized
Gain (Loss) |
Change
in Unrealized Appreciation/ Depreciation |
Number
of Shares Held at 9/30/21 |
Value
at 9/30/21 |
Dividend
Income | |||||||||
State Street Institutional Liquid Reserves Fund,
Premier Class
|
2,140,112 | $ 2,140,540 | $ 228,410,995 | $ 226,952,539 | $1,731 | $214 | 3,600,221 | $ 3,600,941 | $ 6,281 | ||||||||
State Street Navigator Securities Lending
Portfolio II
|
58,511,408 | 58,511,408 | 828,193,562 | 810,121,536 | — | — | 76,583,434 | 76,583,434 | 87,542 | ||||||||
Total
|
$60,651,948 | $1,056,604,557 | $1,037,074,075 | $1,731 | $214 | $80,184,375 | $93,823 |
Description | Level
1 – Quoted Prices |
Level
2 – Other Significant Observable Inputs |
Level
3 – Significant Unobservable Inputs |
Total | ||||
ASSETS: | ||||||||
INVESTMENTS: | ||||||||
Common Stocks
|
$19,628,004,975 | $— | $— | $19,628,004,975 | ||||
Short-Term Investments
|
93,910,407 | — | — | 93,910,407 | ||||
TOTAL INVESTMENTS
|
$19,721,915,382 | $— | $— | $19,721,915,382 |
Number
of Shares Held at 9/30/20 |
Value
at 9/30/20 |
Cost
of Purchases |
Proceeds
from Shares Sold |
Realized
Gain (Loss) |
Change
in Unrealized Appreciation/ Depreciation |
Number
of Shares Held at 9/30/21 |
Value
at 9/30/21 |
Dividend
Income | |||||||||
State Street Institutional Liquid Reserves Fund,
Premier Class
|
1,665,605 | $ 1,665,938 | $ 390,397,485 | $ 386,235,893 | $1,353 | $— | 5,827,718 | $ 5,828,883 | $ 7,149 | ||||||||
State Street Navigator Securities Lending
Portfolio II
|
78,424,080 | 78,424,080 | 1,630,441,581 | 1,620,784,137 | — | — | 88,081,524 | 88,081,524 | 108,910 | ||||||||
Total
|
$80,090,018 | $2,020,839,066 | $2,007,020,030 | $1,353 | $— | $93,910,407 | $116,059 |
Description | Level
1 – Quoted Prices |
Level
2 – Other Significant Observable Inputs |
Level
3 – Significant Unobservable Inputs |
Total | ||||
ASSETS: | ||||||||
INVESTMENTS: | ||||||||
Common Stocks
|
$11,709,135,016 | $— | $— | $11,709,135,016 | ||||
Short-Term Investments
|
18,418,203 | — | — | 18,418,203 | ||||
TOTAL INVESTMENTS
|
$11,727,553,219 | $— | $— | $11,727,553,219 |
Number
of Shares Held at 9/30/20 |
Value
at 9/30/20 |
Cost
of Purchases |
Proceeds
from Shares Sold |
Realized
Gain (Loss) |
Change
in Unrealized Appreciation/ Depreciation |
Number
of Shares Held at 9/30/21 |
Value
at 9/30/21 |
Dividend
Income | |||||||||
State Street Institutional Liquid Reserves Fund,
Premier Class
|
15,234,551 | $15,237,598 | $ 798,000,797 | $ 798,051,190 | $3,436 | $360 | 15,187,963 | $15,191,001 | $12,452 | ||||||||
State Street Navigator Securities Lending
Portfolio II
|
21,096,352 | 21,096,352 | 729,766,176 | 747,635,326 | — | — | 3,227,202 | 3,227,202 | 51,013 | ||||||||
Total
|
$36,333,950 | $1,527,766,973 | $1,545,686,516 | $3,436 | $360 | $18,418,203 | $63,465 |
Description | Number
of Contracts |
Expiration
Date |
Notional
Amount |
Value | Unrealized
Appreciation (Depreciation) | |||||
E-mini S&P 500 Energy Sector Index (long) | 500 | 12/17/2021 | $24,496,625 | $27,070,000 | $2,573,375 |
Description | Level
1 – Quoted Prices |
Level
2 – Other Significant Observable Inputs |
Level
3 – Significant Unobservable Inputs |
Total | ||||
ASSETS: | ||||||||
INVESTMENTS: | ||||||||
Common Stocks
|
$25,053,011,863 | $— | $— | $25,053,011,863 | ||||
Short-Term Investments
|
229,728,896 | — | — | 229,728,896 | ||||
TOTAL INVESTMENTS
|
$25,282,740,759 | $— | $— | $25,282,740,759 | ||||
OTHER FINANCIAL INSTRUMENTS: | ||||||||
Futures Contracts(a)
|
2,573,375 | — | — | 2,573,375 | ||||
TOTAL OTHER FINANCIAL INSTRUMENTS:
|
$ 2,573,375 | $— | $— | $ 2,573,375 |
(a) | Futures Contracts are valued at unrealized appreciation (depreciation). |
Number
of Shares Held at 9/30/20 |
Value
at 9/30/20 |
Cost
of Purchases |
Proceeds
from Shares Sold |
Realized
Gain (Loss) |
Change
in Unrealized Appreciation/ Depreciation |
Number
of Shares Held at 9/30/21 |
Value
at 9/30/21 |
Dividend
Income | |||||||||
State Street Institutional Liquid Reserves Fund,
Premier Class
|
10,727,178 | $10,729,324 | $1,420,742,608 | $1,405,946,030 | $174 | $— | 25,520,972 | $ 25,526,076 | $ 30,016 | ||||||||
State Street Navigator Securities Lending
Portfolio II
|
86,266,512 | 86,266,512 | 1,792,144,019 | 1,674,207,711 | — | — | 204,202,820 | 204,202,820 | 171,605 | ||||||||
Total
|
$96,995,836 | $3,212,886,627 | $3,080,153,741 | $174 | $— | $229,728,896 | $201,621 |
Description | Level
1 – Quoted Prices |
Level
2 – Other Significant Observable Inputs |
Level
3 – Significant Unobservable Inputs |
Total | ||||
ASSETS: | ||||||||
INVESTMENTS: | ||||||||
Common Stocks
|
$40,346,769,705 | $— | $— | $40,346,769,705 | ||||
Short-Term Investments
|
46,795,528 | — | — | 46,795,528 | ||||
TOTAL INVESTMENTS
|
$40,393,565,233 | $— | $— | $40,393,565,233 |
Number
of Shares Held at 9/30/20 |
Value
at 9/30/20 |
Cost
of Purchases |
Proceeds
from Shares Sold |
Realized
Gain (Loss) |
Change
in Unrealized Appreciation/ Depreciation |
Number
of Shares Held at 9/30/21 |
Value
at 9/30/21 |
Dividend
Income | |||||||||
State Street Corp.
|
2,174,310 | $129,001,812 | $ 338,536,961 | $ 232,329,032 | $14,343,879 | $50,571,470 | 3,542,553 | $300,125,090 | $7,040,120 | ||||||||
State Street Institutional Liquid Reserves Fund,
Premier Class
|
37,581,898 | 37,589,414 | 1,107,620,496 | 1,101,693,268 | (5,065) | 1,572 | 43,504,448 | 43,513,149 | 24,240 | ||||||||
State Street Navigator Securities Lending
Portfolio II
|
23,127,546 | 23,127,546 | 1,686,957,948 | 1,706,803,115 | — | — | 3,282,379 | 3,282,379 | 34,119 | ||||||||
Total
|
$189,718,772 | $3,133,115,405 | $3,040,825,415 | $14,338,814 | $50,573,042 | $346,920,618 | $7,098,479 |
Description | Level
1 – Quoted Prices |
Level
2 – Other Significant Observable Inputs |
Level
3 – Significant Unobservable Inputs |
Total | ||||
ASSETS: | ||||||||
INVESTMENTS: | ||||||||
Common Stocks
|
$30,306,891,898 | $— | $— | $30,306,891,898 | ||||
Short-Term Investments
|
28,346,803 | — | — | 28,346,803 | ||||
TOTAL INVESTMENTS
|
$30,335,238,701 | $— | $— | $30,335,238,701 |
Number
of Shares Held at 9/30/20 |
Value
at 9/30/20 |
Cost
of Purchases |
Proceeds
from Shares Sold |
Realized
Gain (Loss) |
Change
in Unrealized Appreciation/ Depreciation |
Number
of Shares Held at 9/30/21 |
Value
at 9/30/21 |
Dividend
Income | |||||||||
State Street Institutional Liquid Reserves Fund,
Premier Class
|
16,316,773 | $16,320,037 | $ 940,286,437 | $ 928,288,310 | $64 | $775 | 28,313,341 | $28,319,003 | $23,923 | ||||||||
State Street Navigator Securities Lending
Portfolio II
|
6,266,218 | 6,266,218 | 929,150,549 | 935,388,967 | — | — | 27,800 | 27,800 | 33,613 | ||||||||
Total
|
$22,586,255 | $1,869,436,986 | $1,863,677,277 | $64 | $775 | $28,346,803 | $57,536 |
Description | Number
of Contracts |
Expiration
Date |
Notional
Amount |
Value | Unrealized
Appreciation (Depreciation) | |||||
E-mini S&P 500 Industrial Select Sector Index | 600 | 12/17/2021 | $61,291,398 | $58,992,000 | $(2,299,398) |
Description | Level
1 – Quoted Prices |
Level
2 – Other Significant Observable Inputs |
Level
3 – Significant Unobservable Inputs |
Total | ||||
ASSETS: | ||||||||
INVESTMENTS: | ||||||||
Common Stocks
|
$17,305,010,579 | $— | $— | $17,305,010,579 | ||||
Short-Term Investments
|
66,350,953 | — | — | 66,350,953 | ||||
TOTAL INVESTMENTS
|
$17,371,361,532 | $— | $— | $17,371,361,532 | ||||
LIABILITIES: | ||||||||
OTHER FINANCIAL INSTRUMENTS: | ||||||||
Futures Contracts(a)
|
(2,299,398) | — | — | (2,299,398) | ||||
TOTAL OTHER FINANCIAL INSTRUMENTS:
|
$ (2,299,398) | $— | $— | $ (2,299,398) |
(a) | Futures Contracts are valued at unrealized appreciation (depreciation). |
Number
of Shares Held at 9/30/20 |
Value
at 9/30/20 |
Cost
of Purchases |
Proceeds
from Shares Sold |
Realized
Gain (Loss) |
Change
in Unrealized Appreciation/ Depreciation |
Number
of Shares Held at 9/30/21 |
Value
at 9/30/21 |
Dividend
Income | |||||||||
State Street Institutional Liquid Reserves Fund,
Premier Class
|
8,121,441 | $ 8,123,066 | $ 472,714,353 | $ 425,945,983 | $463 | $— | 54,880,923 | $54,891,899 | $ 15,421 | ||||||||
State Street Navigator Securities Lending
Portfolio II
|
30,103,138 | 30,103,138 | 954,428,948 | 973,073,032 | — | — | 11,459,054 | 11,459,054 | 102,903 | ||||||||
Total
|
$38,226,204 | $1,427,143,301 | $1,399,019,015 | $463 | $— | $66,350,953 | $118,324 |
Description | Level
1 – Quoted Prices |
Level
2 – Other Significant Observable Inputs |
Level
3 – Significant Unobservable Inputs |
Total | ||||
ASSETS: | ||||||||
INVESTMENTS: | ||||||||
Common Stocks
|
$7,485,763,768 | $— | $— | $7,485,763,768 | ||||
Short-Term Investment
|
8,681,750 | — | — | 8,681,750 | ||||
TOTAL INVESTMENTS
|
$7,494,445,518 | $— | $— | $7,494,445,518 |
Number
of Shares Held at 9/30/20 |
Value
at 9/30/20 |
Cost
of Purchases |
Proceeds
from Shares Sold |
Realized
Gain (Loss) |
Change
in Unrealized Appreciation/ Depreciation |
Number
of Shares Held at 9/30/21 |
Value
at 9/30/21 |
Dividend
Income | |||||||||
State Street Institutional Liquid Reserves Fund,
Premier Class
|
1,610,420 | $1,610,743 | $209,131,319 | $202,060,200 | $(217) | $105 | 8,680,014 | $8,681,750 | $ 5,723 | ||||||||
State Street Navigator Securities Lending
Portfolio II
|
2,983,864 | 2,983,864 | 474,833,970 | 477,817,834 | — | — | — | — | 3,651,775 | ||||||||
Total
|
$4,594,607 | $683,965,289 | $679,878,034 | $(217) | $105 | $8,681,750 | $3,657,498 |
Description | Number
of Contracts |
Expiration
Date |
Notional
Amount |
Value | Unrealized
Appreciation (Depreciation) | |||||
E-mini S&P 500 Real Estate Select Sector Index | 175 | 12/17/2021 | $10,014,232 | $9,487,187 | $(527,045) |
Description | Level
1 – Quoted Prices |
Level
2 – Other Significant Observable Inputs |
Level
3 – Significant Unobservable Inputs |
Total | ||||
ASSETS: | ||||||||
INVESTMENTS: | ||||||||
Common Stocks
|
$4,273,391,897 | $— | $— | $4,273,391,897 | ||||
Short-Term Investments
|
16,246,833 | — | — | 16,246,833 |
Description | Level
1 – Quoted Prices |
Level
2 – Other Significant Observable Inputs |
Level
3 – Significant Unobservable Inputs |
Total | ||||
TOTAL INVESTMENTS
|
$4,289,638,730 | $— | $— | $4,289,638,730 | ||||
LIABILITIES: | ||||||||
OTHER FINANCIAL INSTRUMENTS: | ||||||||
Futures Contracts(a)
|
(527,045) | — | — | (527,045) | ||||
TOTAL OTHER FINANCIAL INSTRUMENTS:
|
$ (527,045) | $— | $— | $ (527,045) |
(a) | Futures Contracts are valued at unrealized appreciation (depreciation). |
Number
of Shares Held at 9/30/20 |
Value
at 9/30/20 |
Cost
of Purchases |
Proceeds
from Shares Sold |
Realized
Gain (Loss) |
Change
in Unrealized Appreciation/ Depreciation |
Number
of Shares Held at 9/30/21 |
Value
at 9/30/21 |
Dividend
Income | |||||||||
State Street Institutional Liquid Reserves Fund,
Premier Class
|
6,434,272 | $ 6,435,559 | $197,607,153 | $199,258,236 | $(144) | $133 | 4,783,509 | $ 4,784,465 | $ 986 | ||||||||
State Street Navigator Securities Lending
Portfolio II
|
5,803,298 | 5,803,298 | 93,773,130 | 88,114,060 | — | — | 11,462,368 | 11,462,368 | 9,213 | ||||||||
Total
|
$12,238,857 | $291,380,283 | $287,372,296 | $(144) | $133 | $16,246,833 | $10,199 |
Description | Number
of Contracts |
Expiration
Date |
Notional
Amount |
Value | Unrealized
Appreciation (Depreciation) | |||||
E-mini S&P 500 Technology Select Sector Index | 509 | 12/17/2021 | $80,115,705 | $76,579,050 | $(3,536,655) |
Description | Level
1 – Quoted Prices |
Level
2 – Other Significant Observable Inputs |
Level
3 – Significant Unobservable Inputs |
Total | ||||
ASSETS: | ||||||||
INVESTMENTS: | ||||||||
Common Stocks
|
$42,941,594,818 | $— | $— | $42,941,594,818 | ||||
Short-Term Investments
|
77,913,810 | — | — | 77,913,810 | ||||
TOTAL INVESTMENTS
|
$43,019,508,628 | $— | $— | $43,019,508,628 | ||||
LIABILITIES: | ||||||||
OTHER FINANCIAL INSTRUMENTS: | ||||||||
Futures Contracts(a)
|
(3,536,655) | — | — | (3,536,655) | ||||
TOTAL OTHER FINANCIAL INSTRUMENTS:
|
$ (3,536,655) | $— | $— | $ (3,536,655) |
(a) | Futures Contracts are valued at unrealized appreciation (depreciation). |
Number
of Shares Held at 9/30/20 |
Value
at 9/30/20 |
Cost
of Purchases |
Proceeds
from Shares Sold |
Realized
Gain (Loss) |
Change
in Unrealized Appreciation/ Depreciation |
Number
of Shares Held at 9/30/21 |
Value
at 9/30/21 |
Dividend
Income | |||||||||
State Street Institutional Liquid Reserves Fund,
Premier Class
|
50,198,726 | $50,208,766 | $ 967,728,518 | $ 940,117,389 | $(8,800) | $715 | 77,796,250 | $77,811,810 | $38,685 | ||||||||
State Street Navigator Securities Lending
Portfolio II
|
— | — | 1,053,836,601 | 1,053,734,601 | — | — | 102,000 | 102,000 | 39,395 | ||||||||
Total
|
$50,208,766 | $2,021,565,119 | $1,993,851,990 | $(8,800) | $715 | $77,913,810 | $78,080 |
Description | Level
1 – Quoted Prices |
Level
2 – Other Significant Observable Inputs |
Level
3 – Significant Unobservable Inputs |
Total | ||||
ASSETS: | ||||||||
INVESTMENTS: | ||||||||
Common Stocks
|
$11,919,193,885 | $— | $— | $11,919,193,885 | ||||
Short-Term Investments
|
24,112,146 | — | — | 24,112,146 | ||||
TOTAL INVESTMENTS
|
$11,943,306,031 | $— | $— | $11,943,306,031 |
Number
of Shares Held at 9/30/20 |
Value
at 9/30/20 |
Cost
of Purchases |
Proceeds
from Shares Sold |
Realized
Gain (Loss) |
Change
in Unrealized Appreciation/ Depreciation |
Number
of Shares Held at 9/30/21 |
Value
at 9/30/21 |
Dividend
Income | |||||||||
State Street Institutional Liquid Reserves Fund,
Premier Class
|
25,585,277 | $25,590,394 | $ 644,706,661 | $ 648,788,863 | $2,248 | $(1,073) | 21,505,066 | $21,509,367 | $13,817 | ||||||||
State Street Navigator Securities Lending
Portfolio II
|
1,859,303 | 1,859,303 | 563,599,136 | 562,855,660 | — | — | 2,602,779 | 2,602,779 | 10,356 | ||||||||
Total
|
$27,449,697 | $1,208,305,797 | $1,211,644,523 | $2,248 | $(1,073) | $24,112,146 | $24,173 |
The Communication Services Select Sector SPDR Fund | The Consumer Discretionary Select Sector SPDR Fund | The Consumer Staples Select Sector SPDR Fund | |||
ASSETS | |||||
Investments in unaffiliated issuers, at
value*
|
$15,171,752,126 | $19,628,004,975 | $11,709,135,016 | ||
Investments in affiliated issuers, at value
|
80,184,375 | 93,910,407 | 18,418,203 | ||
Total Investments
|
15,251,936,501 | 19,721,915,382 | 11,727,553,219 | ||
Net cash at broker
|
— | — | — | ||
Cash
|
— | — | — | ||
Receivable from broker — accumulated variation
margin on futures contracts
|
— | — | — | ||
Receivable for investments sold
|
— | — | — | ||
Receivable for income related to Select Sector
SPDR shares in-kind transactions
|
15,785 | 2,522 | — | ||
Dividends receivable — unaffiliated issuers
|
3,673,714 | 3,897,068 | 35,815,676 | ||
Dividends receivable — affiliated issuers
|
234 | 463 | 571 | ||
Securities lending income receivable —
unaffiliated issuers
|
12,395 | 14,553 | 5,702 | ||
Securities lending income receivable — affiliated
issuers
|
4,733 | 8,584 | 1,191 | ||
Prepaid expenses and other assets
|
24,551 | 33,077 | 14,044 | ||
TOTAL ASSETS
|
15,255,667,913 | 19,725,871,649 | 11,763,390,403 | ||
LIABILITIES | |||||
Net cash at broker
|
— | — | — | ||
Payable upon return of securities loaned
|
76,583,434 | 88,081,524 | 3,227,202 | ||
Payable for investments purchased
|
— | — | — | ||
Payable for income related to Select Sector SPDR
shares in-kind transactions
|
— | — | 19,111 | ||
Payable to broker – accumulated variation margin
on open futures contracts
|
— | — | — | ||
Advisory and Administration fees payable
|
395,072 | 503,701 | 323,587 | ||
Custodian fees payable
|
34,229 | 78,058 | 59,337 | ||
Distribution fees payable
|
381,434 | 464,381 | 337,995 | ||
Unitary fees payable
|
137,842 | 144,698 | 103,345 | ||
License fee payable
|
1,436,639 | 1,859,592 | 1,205,692 | ||
Registration and filing fees payable
|
139,637 | 204,411 | 132,034 | ||
Professional fees payable
|
45,234 | 54,948 | 48,674 | ||
Printing and postage fees payable
|
250,303 | 441,128 | 162,053 | ||
Accrued expenses and other liabilities
|
207,199 | 302,628 | 195,178 | ||
TOTAL LIABILITIES
|
79,611,023 | 92,135,069 | 5,814,208 | ||
NET ASSETS
|
$15,176,056,890 | $19,633,736,580 | $11,757,576,195 | ||
NET ASSETS CONSIST OF: | |||||
Paid-in Capital
|
$13,352,277,775 | $19,066,050,678 | $13,618,068,919 | ||
Total distributable earnings (loss)
|
1,823,779,115 | 567,685,902 | (1,860,492,724) | ||
NET ASSETS
|
$15,176,056,890 | $19,633,736,580 | $11,757,576,195 | ||
NET ASSET VALUE PER SHARE | |||||
Net asset value per share
|
$ 80.15 | $ 179.54 | $ 68.83 | ||
Shares outstanding (unlimited amount authorized,
$0.01 par value)
|
189,350,000 | 109,353,252 | 170,821,809 | ||
COST OF INVESTMENTS: | |||||
Investments in unaffiliated issuers
|
$13,100,701,904 | $17,579,825,818 | $12,560,041,901 | ||
Investments in affiliated issuers
|
80,184,375 | 93,910,407 | 18,418,203 | ||
Total cost of investments
|
$13,180,886,279 | $17,673,736,225 | $12,578,460,104 | ||
* Includes investments in securities on loan, at
value
|
$ 190,261,873 | $ 211,420,542 | $ 52,716,515 |
The Energy Select Sector SPDR Fund | The Financial Select Sector SPDR Fund | The Health Care Select Sector SPDR Fund | The Industrial Select Sector SPDR Fund | The Materials Select Sector SPDR Fund | The Real Estate Select Sector SPDR Fund | The Technology Select Sector SPDR Fund | ||||||
$25,053,011,863 | $40,046,644,615 | $30,306,891,898 | $17,305,010,579 | $ 7,485,763,768 | $4,273,391,897 | $42,941,594,818 | ||||||
229,728,896 | 346,920,618 | 28,346,803 | 66,350,953 | 8,681,750 | 16,246,833 | 77,913,810 | ||||||
25,282,740,759 | 40,393,565,233 | 30,335,238,701 | 17,371,361,532 | 7,494,445,518 | 4,289,638,730 | 43,019,508,628 | ||||||
— | — | — | 4,548,000 | — | 1,001,681 | 7,662,991 | ||||||
1,855,348 | 4,444,445 | 458,575 | 855,604 | 335,497 | 2,117,272 | 800,910 | ||||||
2,575,000 | — | — | — | — | — | — | ||||||
246,941,985 | — | — | — | — | — | — | ||||||
37,832 | 49,587 | — | 44,933 | 266 | 5,651 | 8,259 | ||||||
8,022,402 | 24,580,949 | 29,821,924 | 7,872,992 | 8,827,928 | 8,312,574 | 7,209,402 | ||||||
2,939 | 2,045,457 | 1,159 | 1,731 | 435 | 80 | 2,455 | ||||||
3,151 | 2,871 | 8,536 | 233 | 101 | 904 | 28,492 | ||||||
11,408 | 441 | 66 | 5,898 | — | 2,085 | 199 | ||||||
44,729 | 69,114 | 46,671 | 33,689 | 16,499 | 4,748 | 71,357 | ||||||
25,542,235,553 | 40,424,758,097 | 30,365,575,632 | 17,384,724,612 | 7,503,626,244 | 4,301,083,725 | 43,035,292,693 | ||||||
965,000 | — | — | — | — | — | — | ||||||
204,202,820 | 3,282,379 | 27,800 | 11,459,054 | — | 11,462,368 | 102,000 | ||||||
247,933,000 | — | — | — | — | 6,142,832 | — | ||||||
— | — | 122,425 | — | — | — | — | ||||||
— | — | — | 2,298,000 | — | 526,638 | 3,535,001 | ||||||
575,068 | 1,039,615 | 832,945 | 452,961 | 200,478 | 112,869 | 1,142,101 | ||||||
85,440 | 154,737 | 116,426 | 66,107 | 8,415 | 5,239 | 132,349 | ||||||
613,338 | 1,233,697 | 758,582 | 431,805 | 235,181 | 166,511 | 1,100,803 | ||||||
213,848 | 446,384 | 327,877 | 171,100 | 70,361 | 30,152 | 463,422 | ||||||
2,292,969 | 3,851,106 | 3,051,236 | 1,818,201 | 823,264 | 392,917 | 4,245,496 | ||||||
206,315 | 364,456 | 290,221 | 191,231 | 76,571 | 24,983 | 425,964 | ||||||
45,093 | 54,468 | 60,790 | 48,727 | 37,873 | 35,405 | 75,493 | ||||||
457,606 | 1,099,752 | 700,740 | 322,743 | 154,454 | 3,223 | 922,532 | ||||||
306,537 | 541,096 | 430,726 | 282,713 | 113,766 | 39,342 | 631,333 | ||||||
457,897,034 | 12,067,690 | 6,719,768 | 17,542,642 | 1,720,363 | 18,942,479 | 12,776,494 | ||||||
$25,084,338,519 | $40,412,690,407 | $30,358,855,864 | $17,367,181,970 | $ 7,501,905,881 | $4,282,141,246 | $43,022,516,199 | ||||||
$33,625,149,828 | $39,032,815,684 | $29,783,901,481 | $19,048,734,882 | $ 8,748,893,909 | $4,423,566,040 | $32,827,957,871 | ||||||
(8,540,811,309) | 1,379,874,723 | 574,954,383 | (1,681,552,912) | (1,246,988,028) | (141,424,794) | 10,194,558,328 | ||||||
$25,084,338,519 | $40,412,690,407 | $30,358,855,864 | $17,367,181,970 | $ 7,501,905,881 | $4,282,141,246 | $43,022,516,199 | ||||||
$ 52.12 | $ 37.53 | $ 127.26 | $ 97.77 | $ 79.11 | $ 44.47 | $ 149.35 | ||||||
481,324,200 | 1,076,745,427 | 238,565,324 | 177,626,000 | 94,823,725 | 96,300,000 | 288,055,897 | ||||||
$26,474,323,711 | $37,744,246,075 | $28,782,942,421 | $18,361,669,731 | $ 7,830,197,515 | $4,309,407,432 | $31,734,860,684 | ||||||
229,728,896 | 374,282,619 | 28,343,918 | 66,350,953 | 8,681,750 | 16,246,833 | 77,896,485 | ||||||
$26,704,052,607 | $38,118,528,694 | $28,811,286,339 | $18,428,020,684 | $ 7,838,879,265 | $4,325,654,265 | $31,812,757,169 | ||||||
$ 222,029,620 | $ 25,048,543 | $ 113,508,432 | $ 16,724,679 | $ — | $ 20,481,591 | $ 263,146,058 |
The Utilities Select Sector SPDR Fund | |
ASSETS | |
Investments in unaffiliated issuers, at
value*
|
$11,919,193,885 |
Investments in affiliated issuers, at value
|
24,112,146 |
Total Investments
|
11,943,306,031 |
Dividends receivable — unaffiliated issuers
|
18,613,328 |
Dividends receivable — affiliated issuers
|
1,025 |
Securities lending income receivable —
unaffiliated issuers
|
148 |
Securities lending income receivable — affiliated
issuers
|
1,759 |
Prepaid expenses and other assets
|
16,513 |
TOTAL ASSETS
|
11,961,938,804 |
LIABILITIES | |
Payable upon return of securities loaned
|
2,602,779 |
Payable for income related to Select Sector SPDR
shares in-kind transactions
|
18,851 |
Advisory and Administration fees payable
|
334,075 |
Custodian fees payable
|
52,603 |
Distribution fees payable
|
341,269 |
Unitary fees payable
|
109,240 |
License fee payable
|
1,252,105 |
Registration and filing fees payable
|
130,416 |
Professional fees payable
|
47,029 |
Printing and postage fees payable
|
188,297 |
Accrued expenses and other liabilities
|
192,920 |
TOTAL LIABILITIES
|
5,269,584 |
NET ASSETS
|
$11,956,669,220 |
NET ASSETS CONSIST OF: | |
Paid-in Capital
|
$13,846,760,112 |
Total distributable earnings (loss)
|
(1,890,090,892) |
NET ASSETS
|
$11,956,669,220 |
NET ASSET VALUE PER SHARE | |
Net asset value per share
|
$ 63.88 |
Shares outstanding (unlimited amount authorized,
$0.01 par value)
|
187,174,160 |
COST OF INVESTMENTS: | |
Investments in unaffiliated issuers
|
$13,001,248,957 |
Investments in affiliated issuers
|
24,108,566 |
Total cost of investments
|
$13,025,357,523 |
* Includes investments in securities on loan, at
value
|
$ 4,246,909 |
The Communication Services Select Sector SPDR Fund | The Consumer Discretionary Select Sector SPDR Fund | The Consumer Staples Select Sector SPDR Fund | |||
INVESTMENT INCOME | |||||
Dividend income — unaffiliated issuers
|
110,083,704 | $ 144,193,487 | $ 345,574,419 | ||
Dividend income — affiliated issuers
|
6,281 | 7,149 | 12,452 | ||
Unaffiliated securities lending income
|
221,544 | 220,874 | 63,068 | ||
Affiliated securities lending income
|
87,542 | 108,910 | 51,013 | ||
Foreign taxes withheld
|
— | — | — | ||
TOTAL INVESTMENT INCOME (LOSS)
|
110,399,071 | 144,530,420 | 345,700,952 | ||
EXPENSES | |||||
Advisory and Administration fees
|
4,078,380 | 5,961,510 | 3,852,682 | ||
Distribution fees
|
3,538,603 | 5,166,578 | 3,331,408 | ||
License fees
|
4,766,256 | 6,967,078 | 4,504,188 | ||
Custodian fees
|
78,057 | 113,971 | 73,490 | ||
Unitary fees
|
1,104,144 | 1,618,004 | 1,051,488 | ||
Trustees’ fees and expenses
|
135,397 | 198,498 | 137,091 | ||
Registration and filing fees
|
139,637 | 204,411 | 132,034 | ||
Professional fees
|
63,600 | 82,096 | 62,018 | ||
Printing and postage fees
|
719,362 | 935,018 | 604,500 | ||
Insurance expense
|
19,736 | 36,504 | 37,510 | ||
Miscellaneous expenses
|
260,493 | 365,409 | 257,327 | ||
TOTAL EXPENSES
|
14,903,665 | 21,649,077 | 14,043,736 | ||
NET INVESTMENT INCOME (LOSS)
|
$ 95,495,406 | $ 122,881,343 | $ 331,657,216 | ||
REALIZED AND UNREALIZED GAIN (LOSS) | |||||
Net realized gain (loss) on: | |||||
Investments — unaffiliated issuers
|
(84,704,056) | (357,317,584) | (62,872,274) | ||
Investments — affiliated issuers
|
1,731 | 1,353 | 3,436 | ||
In-kind redemptions — unaffiliated issuers
|
2,405,017,920 | 3,084,946,725 | 1,213,593,069 | ||
In-kind redemptions — affiliated issuers
|
— | — | — | ||
Futures contracts
|
— | — | — | ||
Net realized gain (loss)
|
2,320,315,595 | 2,727,630,494 | 1,150,724,231 | ||
Net change in unrealized appreciation/depreciation on: | |||||
Investments — unaffiliated issuers
|
1,196,719,932 | 894,744,506 | (380,759,513) | ||
Investments — affiliated issuers
|
214 | — | 360 | ||
Futures contracts
|
— | — | — | ||
Net change in unrealized
appreciation/depreciation
|
1,196,720,146 | 894,744,506 | (380,759,153) | ||
NET REALIZED AND UNREALIZED GAIN (LOSS)
|
3,517,035,741 | 3,622,375,000 | 769,965,078 | ||
NET INCREASE (DECREASE) IN NET ASSETS FROM
OPERATIONS
|
$3,612,531,147 | $3,745,256,343 | $1,101,622,294 |
The Energy Select Sector SPDR Fund | The Financial Select Sector SPDR Fund | The Health Care Select Sector SPDR Fund | The Industrial Select Sector SPDR Fund | The Materials Select Sector SPDR Fund | The Real Estate Select Sector SPDR Fund | The Technology Select Sector SPDR Fund | ||||||
$ 895,141,979 | $ 641,704,557 | $ 447,642,333 | $ 256,642,758 | $ 134,893,247 | $ 62,786,714 | $ 367,361,467 | ||||||
30,016 | 7,064,360 | 23,923 | 15,421 | 5,723 | 986 | 38,685 | ||||||
15,882 | 34,445 | 17,968 | 7,706 | 2,648 | 20,584 | 386,556 | ||||||
171,605 | 34,119 | 33,613 | 102,903 | 3,651,775 | 9,213 | 39,395 | ||||||
— | — | — | — | — | — | (198,107) | ||||||
895,359,482 | 648,837,481 | 447,717,837 | 256,768,788 | 138,553,393 | 62,817,497 | 367,627,996 | ||||||
6,014,735 | 10,617,796 | 8,480,719 | 5,560,310 | 2,225,224 | 909,394 | 12,433,163 | ||||||
5,237,620 | 9,242,577 | 7,355,701 | 4,825,690 | 1,935,958 | 791,113 | 10,779,522 | ||||||
7,026,090 | 12,403,492 | 9,911,306 | 6,497,562 | 2,599,554 | 1,062,537 | 14,530,288 | ||||||
115,529 | 203,874 | 162,257 | 106,453 | 42,706 | 17,449 | 237,786 | ||||||
1,613,844 | 2,851,842 | 2,298,535 | 1,503,835 | 598,477 | 244,871 | 3,372,222 | ||||||
192,653 | 334,568 | 283,618 | 177,704 | 69,943 | 30,483 | 417,328 | ||||||
206,315 | 364,456 | 290,221 | 191,230 | 76,571 | 30,983 | 425,964 | ||||||
68,962 | 95,528 | 99,287 | 71,844 | 43,538 | 33,489 | 137,386 | ||||||
828,045 | 1,617,334 | 1,463,880 | 738,380 | 308,577 | 145,267 | 2,085,663 | ||||||
27,070 | 57,787 | 56,433 | 26,666 | 10,271 | 10,626 | 71,164 | ||||||
358,138 | 625,332 | 514,578 | 335,938 | 140,697 | 59,445 | 738,647 | ||||||
21,689,001 | 38,414,586 | 30,916,535 | 20,035,612 | 8,051,516 | 3,335,657 | 45,229,133 | ||||||
$ 873,670,481 | $ 610,422,895 | $ 416,801,302 | $ 236,733,176 | $ 130,501,877 | $ 59,481,840 | $ 322,398,863 | ||||||
(1,761,196,267) | (116,004,674) | (242,897,511) | (49,799,446) | (56,689,862) | (13,627,439) | (41,033,455) | ||||||
174 | (2,433,611) | 64 | 463 | (217) | (144) | (8,800) | ||||||
2,752,426,494 | 5,681,770,875 | 3,643,093,878 | 3,008,206,721 | 1,092,407,124 | 135,941,338 | 6,329,196,631 | ||||||
— | 16,772,425 | — | — | — | — | — | ||||||
38,121,343 | — | — | (1,856,222) | — | 43,174 | 14,375,788 | ||||||
1,029,351,744 | 5,580,105,015 | 3,400,196,431 | 2,956,551,516 | 1,035,717,045 | 122,356,929 | 6,302,530,164 | ||||||
7,077,806,491 | 6,427,668,662 | 1,264,545,157 | 736,869,443 | (34,117,820) | 469,767,090 | 3,135,801,610 | ||||||
— | 50,573,042 | 775 | — | 105 | 133 | 715 | ||||||
3,717,838 | — | — | (2,299,398) | — | (527,045) | (3,536,655) | ||||||
7,081,524,329 | 6,478,241,704 | 1,264,545,932 | 734,570,045 | (34,117,715) | 469,240,178 | 3,132,265,670 | ||||||
8,110,876,073 | 12,058,346,719 | 4,664,742,363 | 3,691,121,561 | 1,001,599,330 | 591,597,107 | 9,434,795,834 | ||||||
$ 8,984,546,554 | $12,668,769,614 | $5,081,543,665 | $3,927,854,737 | $1,132,101,207 | $651,078,947 | $9,757,194,697 |
The Utilities Select Sector SPDR Fund | |
INVESTMENT INCOME | |
Dividend income — unaffiliated issuers
|
$ 363,562,227 |
Dividend income — affiliated issuers
|
13,817 |
Unaffiliated securities lending income
|
1,248 |
Affiliated securities lending income
|
10,356 |
TOTAL INVESTMENT INCOME (LOSS)
|
363,587,648 |
EXPENSES | |
Advisory and Administration fees
|
3,803,234 |
Distribution fees
|
3,293,141 |
License fees
|
4,445,448 |
Custodian fees
|
72,645 |
Unitary fees
|
1,034,699 |
Trustees’ fees and expenses
|
132,124 |
Registration and filing fees
|
130,415 |
Professional fees
|
60,775 |
Printing and postage fees
|
639,191 |
Insurance expense
|
30,755 |
Miscellaneous expenses
|
248,989 |
TOTAL EXPENSES
|
13,891,416 |
NET INVESTMENT INCOME (LOSS)
|
$ 349,696,232 |
REALIZED AND UNREALIZED GAIN (LOSS) | |
Net realized gain (loss) on: | |
Investments — unaffiliated issuers
|
(45,628,320) |
Investments — affiliated issuers
|
2,248 |
In-kind redemptions — unaffiliated issuers
|
668,785,742 |
Net realized gain (loss)
|
623,159,670 |
Net change in unrealized appreciation/depreciation on: | |
Investments — unaffiliated issuers
|
233,960,365 |
Investments — affiliated issuers
|
(1,073) |
Net change in unrealized
appreciation/depreciation
|
233,959,292 |
NET REALIZED AND UNREALIZED GAIN (LOSS)
|
857,118,962 |
NET INCREASE (DECREASE) IN NET ASSETS FROM
OPERATIONS
|
$1,206,815,194 |
The Communication Services Select Sector SPDR Fund | The Consumer Discretionary Select Sector SPDR Fund | ||||||
Year
Ended 9/30/21 |
Year
Ended 9/30/20 |
Year
Ended 9/30/21 |
Year
Ended 9/30/20 | ||||
INCREASE (DECREASE) IN NET ASSETS FROM OPERATIONS: | |||||||
Net investment income (loss)
|
$ 95,495,406 | $ 69,186,583 | $ 122,881,343 | $ 161,676,453 | |||
Net realized gain (loss)
|
2,320,315,595 | 717,189,275 | 2,727,630,494 | 757,582,594 | |||
Net change in unrealized
appreciation/depreciation
|
1,196,720,146 | 964,703,479 | 894,744,506 | 1,663,264,499 | |||
Net increase (decrease) in net assets resulting
from operations
|
3,612,531,147 | 1,751,079,337 | 3,745,256,343 | 2,582,523,546 | |||
Net equalization credits and charges
|
(625,116) | 2,834,080 | 723,053 | (6,521,070) | |||
Distributions to shareholders
|
(93,350,467) | (72,105,963) | (123,348,978) | (155,312,249) | |||
FROM BENEFICIAL INTEREST TRANSACTIONS: | |||||||
Proceeds from shares sold
|
11,124,381,986 | 10,451,405,887 | 16,887,124,159 | 16,111,752,808 | |||
Cost of shares redeemed
|
(9,573,576,943) | (8,063,711,038) | (16,684,493,391) | (16,658,079,870) | |||
Net income equalization
|
625,116 | (2,834,080) | (723,053) | 6,521,070 | |||
Net increase (decrease) in net assets from
beneficial interest transactions
|
1,551,430,159 | 2,384,860,769 | 201,907,715 | (539,805,992) | |||
Contribution from Affiliate (Note 4)
|
— | — | — | — | |||
Net increase (decrease) in net assets during the
period
|
5,069,985,723 | 4,066,668,223 | 3,824,538,133 | 1,880,884,235 | |||
Net assets at beginning of period
|
10,106,071,167 | 6,039,402,944 | 15,809,198,447 | 13,928,314,212 | |||
NET ASSETS AT END OF PERIOD
|
$15,176,056,890 | $10,106,071,167 | $ 19,633,736,580 | $ 15,809,198,447 | |||
SHARES OF BENEFICIAL INTEREST: | |||||||
Shares sold
|
150,900,000 | 201,650,000 | 102,250,000 | 130,700,000 | |||
Shares redeemed
|
(131,700,000) | (153,500,000) | (100,450,000) | (138,550,000) | |||
Net increase (decrease) from share
transactions
|
19,200,000 | 48,150,000 | 1,800,000 | (7,850,000) |
The Consumer Staples Select Sector SPDR Fund | The Energy Select Sector SPDR Fund | The Financial Select Sector SPDR Fund | ||||||||
Year
Ended 9/30/21 |
Year
Ended 9/30/20 |
Year
Ended 9/30/21 |
Year
Ended 9/30/20 |
Year
Ended 9/30/21 |
Year
Ended 9/30/20 | |||||
$ 331,657,216 | $ 375,187,626 | $ 873,670,481 | $ 498,136,355 | $ 610,422,895 | $ 464,998,291 | |||||
1,150,724,231 | 637,575,436 | 1,029,351,744 | (1,592,512,344) | 5,580,105,015 | 591,128,390 | |||||
(380,759,153) | (181,064,775) | 7,081,524,329 | (4,051,184,666) | 6,478,241,704 | (3,396,695,068) | |||||
1,101,622,294 | 831,698,287 | 8,984,546,554 | (5,145,560,655) | 12,668,769,614 | (2,340,568,387) | |||||
(2,100,389) | 599,062 | 36,005,143 | 18,653,293 | 15,669,602 | (17,036,791) | |||||
(330,192,564) | (376,426,376) | (933,129,989) | (848,003,506) | (620,652,967) | (449,908,823) | |||||
19,938,578,383 | 21,200,972,371 | 28,094,738,429 | 24,717,703,962 | 58,491,980,218 | 42,864,120,283 | |||||
(22,639,671,840) | (21,984,008,431) | (19,492,605,558) | (20,308,422,135) | (46,773,810,008) | (45,979,443,295) | |||||
2,100,389 | (599,062) | (36,005,143) | (18,653,293) | (15,669,602) | 17,036,791 | |||||
(2,698,993,068) | (783,635,122) | 8,566,127,728 | 4,390,628,534 | 11,702,500,608 | (3,098,286,221) | |||||
— | — | — | 290,417 | — | — | |||||
(1,929,663,727) | (327,764,149) | 16,653,549,436 | (1,583,991,917) | 23,766,286,857 | (5,905,800,222) | |||||
13,687,239,922 | 14,015,004,071 | 8,430,789,083 | 10,014,781,000 | 16,646,403,550 | 22,552,203,772 | |||||
$ 11,757,576,195 | $ 13,687,239,922 | $ 25,084,338,519 | $ 8,430,789,083 | $ 40,412,690,407 | $ 16,646,403,550 | |||||
290,000,000 | 352,200,000 | 624,550,000 | 579,650,000 | 1,797,500,000 | 1,728,300,000 | |||||
(332,600,000) | (367,000,000) | (424,500,000) | (467,600,000) | (1,412,600,000) | (1,841,400,000) | |||||
(42,600,000) | (14,800,000) | 200,050,000 | 112,050,000 | 384,900,000 | (113,100,000) |
The Health Care Select Sector SPDR Fund | The Industrial Select Sector SPDR Fund | ||||||
Year
Ended 9/30/21 |
Year
Ended 9/30/20 |
Year
Ended 9/30/21 |
Year
Ended 9/30/20 | ||||
INCREASE (DECREASE) IN NET ASSETS FROM OPERATIONS: | |||||||
Net investment income (loss)
|
$ 416,801,302 | $ 357,877,321 | $ 236,733,176 | $ 186,430,409 | |||
Net realized gain (loss)
|
3,400,196,431 | 1,034,771,973 | 2,956,551,516 | 1,328,973 | |||
Net change in unrealized
appreciation/depreciation
|
1,264,545,932 | 2,336,207,421 | 734,570,045 | (581,255,965) | |||
Net increase (decrease) in net assets resulting
from operations
|
5,081,543,665 | 3,728,856,715 | 3,927,854,737 | (393,496,583) | |||
Net equalization credits and charges
|
1,274,032 | (909,586) | 1,546,005 | 3,346,480 | |||
Distributions to shareholders
|
(409,925,315) | (487,102,987) | (241,943,347) | (191,739,565) | |||
FROM BENEFICIAL INTEREST TRANSACTIONS: | |||||||
Proceeds from shares sold
|
29,361,014,407 | 29,337,983,811 | 23,703,127,522 | 25,886,255,463 | |||
Cost of shares redeemed
|
(27,547,231,773) | (25,524,999,637) | (22,201,590,532) | (22,923,654,167) | |||
Net income equalization
|
(1,274,032) | 909,586 | (1,546,005) | (3,346,480) | |||
Net increase (decrease) in net assets from
beneficial interest transactions
|
1,812,508,602 | 3,813,893,760 | 1,499,990,985 | 2,959,254,816 | |||
Net increase (decrease) in net assets during the
period
|
6,485,400,984 | 7,054,737,902 | 5,187,448,380 | 2,377,365,148 | |||
Net assets at beginning of period
|
23,873,454,880 | 16,818,716,978 | 12,179,733,590 | 9,802,368,442 | |||
NET ASSETS AT END OF PERIOD
|
$ 30,358,855,864 | $ 23,873,454,880 | $ 17,367,181,970 | $ 12,179,733,590 | |||
SHARES OF BENEFICIAL INTEREST: | |||||||
Shares sold
|
242,250,000 | 302,800,000 | 252,800,000 | 350,900,000 | |||
Shares redeemed
|
(229,850,000) | (263,250,000) | (233,400,000) | (318,900,000) | |||
Net increase (decrease) from share
transactions
|
12,400,000 | 39,550,000 | 19,400,000 | 32,000,000 |
The Materials Select Sector SPDR Fund | The Real Estate Select Sector SPDR Fund | The Technology Select Sector SPDR Fund | ||||||||
Year
Ended 9/30/21 |
Year
Ended 9/30/20 |
Year
Ended 9/30/21 |
Year
Ended 9/30/20 |
Year
Ended 9/30/21 |
Year
Ended 9/30/20 | |||||
$ 130,501,877 | $ 79,924,274 | $ 59,481,840 | $ 86,008,359 | $ 322,398,863 | $ 350,216,475 | |||||
1,035,717,045 | 50,522,012 | 122,356,929 | 206,627,209 | 6,302,530,164 | 3,843,257,015 | |||||
(34,117,715) | 116,622,938 | 469,240,178 | (686,958,802) | 3,132,265,670 | 6,857,150,692 | |||||
1,132,101,207 | 247,069,224 | 651,078,947 | (394,323,234) | 9,757,194,697 | 11,050,624,182 | |||||
(94,204) | (2,100,389) | 3,560,493 | (4,471,637) | (4,599,983) | (126,855) | |||||
(127,713,864) | (77,875,887) | (97,886,559) | (103,475,755) | (316,074,902) | (349,008,693) | |||||
12,989,379,344 | 10,533,682,087 | 4,788,360,980 | 5,550,212,717 | 23,233,034,545 | 27,236,583,586 | |||||
(10,408,905,093) | (10,987,304,463) | (3,323,817,883) | (6,672,281,409) | (23,746,663,758) | (26,260,333,352) | |||||
94,204 | 2,100,389 | (3,560,493) | 4,471,637 | 4,599,983 | 126,855 | |||||
2,580,568,455 | (451,521,987) | 1,460,982,604 | (1,117,597,055) | (509,029,230) | 976,377,089 | |||||
3,584,861,594 | (284,429,039) | 2,017,735,485 | (1,619,867,681) | 8,927,490,582 | 11,677,865,723 | |||||
3,917,044,287 | 4,201,473,326 | 2,264,405,761 | 3,884,273,442 | 34,095,025,617 | 22,417,159,894 | |||||
$ 7,501,905,881 | $ 3,917,044,287 | $ 4,282,141,246 | $ 2,264,405,761 | $ 43,022,516,199 | $ 34,095,025,617 | |||||
168,250,000 | 188,900,000 | 115,000,000 | 156,650,000 | 172,150,000 | 293,700,000 | |||||
(135,000,000) | (199,550,000) | (82,850,000) | (191,200,000) | (176,100,000) | (280,150,000) | |||||
33,250,000 | (10,650,000) | 32,150,000 | (34,550,000) | (3,950,000) | 13,550,000 |
The Utilities Select Sector SPDR Fund | |||
Year
Ended 9/30/21 |
Year
Ended 9/30/20 | ||
INCREASE (DECREASE) IN NET ASSETS FROM OPERATIONS: | |||
Net investment income (loss)
|
$ 349,696,232 | $ 374,173,499 | |
Net realized gain (loss)
|
623,159,670 | 678,296,447 | |
Net change in unrealized
appreciation/depreciation
|
233,959,292 | (1,937,377,637) | |
Net increase (decrease) in net assets resulting
from operations
|
1,206,815,194 | (884,907,691) | |
Net equalization credits and charges
|
(1,339,318) | (4,563,546) | |
Distributions to shareholders
|
(374,646,864) | (364,880,036) | |
FROM BENEFICIAL INTEREST TRANSACTIONS: | |||
Proceeds from shares sold
|
18,829,817,079 | 32,590,744,688 | |
Cost of shares redeemed
|
(19,111,067,494) | (31,231,688,764) | |
Net income equalization
|
1,339,318 | 4,563,546 | |
Net increase (decrease) in net assets from
beneficial interest transactions
|
(279,911,097) | 1,363,619,470 | |
Net increase (decrease) in net assets during the
period
|
550,917,915 | 109,268,197 | |
Net assets at beginning of period
|
11,405,751,305 | 11,296,483,108 | |
NET ASSETS AT END OF PERIOD
|
$ 11,956,669,220 | $ 11,405,751,305 | |
SHARES OF BENEFICIAL INTEREST: | |||
Shares sold
|
293,450,000 | 533,900,000 | |
Shares redeemed
|
(298,300,000) | (516,400,000) | |
Net increase (decrease) from share
transactions
|
(4,850,000) | 17,500,000 |
The Communication Services Select Sector SPDR Fund | |||||||
Year
Ended 9/30/21 |
Year
Ended 9/30/20 |
Year
Ended 9/30/19(a) |
For
the Period 06/19/18* - 9/30/18(a) | ||||
Net asset value, beginning of period
|
$ 59.40 | $ 49.50 | $ 48.98 | $ 50.00 | |||
Income (loss) from investment operations: | |||||||
Net investment income (loss) (b)
|
0.54 | 0.47 | 0.44 | 0.09 | |||
Net realized and unrealized gain (loss) (c)
|
20.73 | 9.88 | 0.51 | (1.17) | |||
Total from investment operations
|
21.27 | 10.35 | 0.95 | (1.08) | |||
Net equalization credits and charges (b)
|
(0.00)(d) | 0.02 | 0.02 | 0.19 | |||
Distributions to shareholders from: | |||||||
Net investment income
|
(0.52) | (0.47) | (0.45) | (0.05) | |||
Return of Capital
|
— | — | — | (0.08) | |||
Total distributions
|
(0.52) | (0.47) | (0.45) | (0.13) | |||
Net asset value, end of period
|
$ 80.15 | $ 59.40 | $ 49.50 | $ 48.98 | |||
Total return (e)
|
35.88% | 21.05% | 2.07% | (1.78)% | |||
Ratios and Supplemental Data: | |||||||
Net assets, end of period (in 000s)
|
$15,176,057 | $10,106,071 | $6,039,403 | $2,035,011 | |||
Ratios to average net assets: | |||||||
Total expenses
|
0.11% | 0.13% | 0.13% | 0.15%(f) | |||
Net expenses
|
0.11% | 0.13% | 0.13% | 0.13%(f) | |||
Net investment income (loss)
|
0.73% | 0.86% | 0.93% | 0.62%(f) | |||
Portfolio turnover rate (g)
|
15% | 15% | 16% | 7%(h) |
* | Commencement of operations. |
(a) | Beginning with the year ended September 30, 2020, the Fund was audited by Ernst & Young LLP. The previous years were audited by another independent registered public accounting firm. |
(b) | Per share numbers have been calculated using average shares outstanding, which more appropriately presents the per share data for the year. |
(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) | The ratios for periods less than one year are annualized. |
(g) | Portfolio turnover rate excludes securities received or delivered from in-kind processing of creations or redemptions on Select Sector SPDR shares. |
(h) | Periods less than one year are not annualized. |
The Consumer Discretionary Select Sector SPDR Fund | |||||||||
Year
Ended 9/30/21 |
Year
Ended 9/30/20 |
Year
Ended 9/30/19(a) |
Year
Ended 9/30/18(a) |
Year
Ended 9/30/17(a) | |||||
Net asset value, beginning of period
|
$ 146.99 | $ 120.69 | $ 117.19 | $ 90.09 | $ 80.03 | ||||
Income (loss) from investment operations: | |||||||||
Net investment income (loss) (b)
|
1.09 | 1.46 | 1.58 | 1.49 | 1.32 | ||||
Net realized and unrealized gain (loss) (c)
|
32.54 | 26.34 | 3.51 | 26.81 | 10.07 | ||||
Total from investment operations
|
33.63 | 27.80 | 5.09 | 28.30 | 11.39 | ||||
Net equalization credits and charges (b)
|
0.01 | (0.06) | (0.02) | 0.09 | 0.02 | ||||
Distributions to shareholders from: | |||||||||
Net investment income
|
(1.09) | (1.44) | (1.57) | (1.29) | (1.35) | ||||
Net asset value, end of period
|
$ 179.54 | $ 146.99 | $ 120.69 | $ 117.19 | $ 90.09 | ||||
Total return (d)
|
22.93% | 23.25% | 4.45% | 31.63% | 14.34% | ||||
Ratios and Supplemental Data: | |||||||||
Net assets, end of period (in 000s)
|
$19,633,737 | $15,809,198 | $13,928,314 | $16,218,942 | $11,518,585 | ||||
Ratios to average net assets: | |||||||||
Total expenses
|
0.11% | 0.13% | 0.13% | 0.13% | 0.14% | ||||
Net investment income (loss)
|
0.65% | 1.17% | 1.40% | 1.43% | 1.54% | ||||
Portfolio turnover rate (e)
|
23% | 11% | 6% | 23% | 6% |
(a) | Beginning with the year ended September 30, 2020, the Fund was audited by Ernst & Young LLP. The previous years were audited by another independent registered public accounting firm. |
(b) | Per share numbers have been calculated using average shares outstanding, which more appropriately presents the per share data for the year. |
(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) | 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) | Portfolio turnover rate excludes securities received or delivered from in-kind processing of creations or redemptions on Select Sector SPDR shares. |
The Consumer Staples Select Sector SPDR Fund | |||||||||
Year
Ended 9/30/21 |
Year
Ended 9/30/20 |
Year
Ended 9/30/19(a) |
Year
Ended 9/30/18(a) |
Year
Ended 9/30/17(a) | |||||
Net asset value, beginning of period
|
$ 64.13 | $ 61.41 | $ 53.92 | $ 53.99 | $ 53.21 | ||||
Income (loss) from investment operations: | |||||||||
Net investment income (loss) (b)
|
1.85 | 1.66 | 1.60 | 1.52 | 1.48 | ||||
Net realized and unrealized gain (loss) (c)
|
4.67 | 2.70 | 7.41 | (0.17) | 0.72 | ||||
Total from investment operations
|
6.52 | 4.36 | 9.01 | 1.35 | 2.20 | ||||
Net equalization credits and charges (b)
|
(0.01) | 0.00(d) | 0.05 | 0.08 | 0.04 | ||||
Distributions to shareholders from: | |||||||||
Net investment income
|
(1.81) | (1.64) | (1.57) | (1.50) | (1.46) | ||||
Net asset value, end of period
|
$ 68.83 | $ 64.13 | $ 61.41 | $ 53.92 | $ 53.99 | ||||
Total return (e)
|
10.19% | 7.32% | 17.14% | 2.70% | 4.21% | ||||
Ratios and Supplemental Data: | |||||||||
Net assets, end of period (in 000s)
|
$11,757,576 | $13,687,240 | $14,015,004 | $9,256,716 | $8,808,903 | ||||
Ratios to average net assets: | |||||||||
Total expenses
|
0.11% | 0.13% | 0.13% | 0.13% | 0.14% | ||||
Net investment income (loss)
|
2.71% | 2.73% | 2.84% | 2.84% | 2.73% | ||||
Portfolio turnover rate (f)
|
4% | 5% | 10% | 12% | 12% |
(a) | Beginning with the year ended September 30, 2020, the Fund was audited by Ernst & Young LLP. The previous years were audited by another independent registered public accounting firm. |
(b) | Per share numbers have been calculated using average shares outstanding, which more appropriately presents the per share data for the year. |
(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) | Portfolio turnover rate excludes securities received or delivered from in-kind processing of creations or redemptions on Select Sector SPDR shares. |
The Energy Select Sector SPDR Fund | |||||||||
Year
Ended 9/30/21 |
Year
Ended 9/30/20 |
Year
Ended 9/30/19(a) |
Year
Ended 9/30/18(a) |
Year
Ended 9/30/17(a) | |||||
Net asset value, beginning of period
|
$ 29.97 | $ 59.18 | $ 75.75 | $ 68.46 | $ 70.62 | ||||
Income (loss) from investment operations: | |||||||||
Net investment income (loss) (b)
|
2.11 | 2.19 | 4.01 | 1.95 | 2.16(c) | ||||
Net realized and unrealized gain (loss) (d)
|
22.11 | (27.49) | (18.36) | 7.32 | (2.18) | ||||
Total from investment operations
|
24.22 | (25.30) | (14.35) | 9.27 | (0.02) | ||||
Net equalization credits and charges (b)
|
0.09 | 0.08 | (0.04) | (0.02) | 0.00(e) | ||||
Voluntary Contribution from Affiliate
|
— | 0.00(e)(f) | — | — | — | ||||
Distributions to shareholders from: | |||||||||
Net investment income
|
(2.16) | (3.99) | (2.18) | (1.96) | (2.14) | ||||
Net asset value, end of period
|
$ 52.12 | $ 29.97 | $ 59.18 | $ 75.75 | $ 68.46 | ||||
Total return (g)
|
81.93% | (44.68)%(h) | (19.08)% | 13.64% | (0.01)% | ||||
Ratios and Supplemental Data: | |||||||||
Net assets, end of period (in 000s)
|
$25,084,339 | $8,430,789 | $10,014,781 | $18,435,159 | $16,617,835 | ||||
Ratios to average net assets: | |||||||||
Total expenses
|
0.11% | 0.13% | 0.13% | 0.13% | 0.14% | ||||
Net investment income (loss)
|
4.54% | 5.08% | 6.25% | 2.71% | 3.12% | ||||
Portfolio turnover rate (i)
|
14% | 13% | 10% | 8% | 23% |
(a) | Beginning with the year ended September 30, 2020, the Fund was audited by Ernst & Young LLP. The previous years were audited by another independent registered public accounting firm. |
(b) | Per share numbers have been calculated using average shares outstanding, which more appropriately presents the per share data for the year. |
(c) | Net investment income per share and ratio of net investment income to average net assets reflect receipt of special dividend from portfolio holding. The resulting increase to net investment income amounted to $0.44 per share and 0.64% of average net assets. If the special dividends were not received during the year ended September 30, 2017, the total return would have been (0.63)%. |
(d) | 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. |
(e) | Amount is less than $0.005 per share. |
(f) | Contribution paid by an Affiliate in the amount of $290,417. |
(g) | 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. |
(h) | The contribution from an Affiliate had no impact on total return. |
(i) | Portfolio turnover rate excludes securities received or delivered from in-kind processing of creations or redemptions on Select Sector SPDR shares. |
The Financial Select Sector SPDR Fund | |||||||||
Year
Ended 9/30/21 |
Year
Ended 9/30/20 |
Year
Ended 9/30/19(a) |
Year
Ended 9/30/18(a) |
Year
Ended 9/30/17(a) | |||||
Net asset value, beginning of period
|
$ 24.06 | $ 28.02 | $ 27.58 | $ 25.84 | $ 19.31 | ||||
Income (loss) from investment operations: | |||||||||
Net investment income (loss) (b)
|
0.61 | 0.60 | 0.57 | 0.48 | 0.39 | ||||
Net realized and unrealized gain (loss) (c)
|
13.44 | (3.94) | 0.46 | 1.73 | 6.50 | ||||
Total from investment operations
|
14.05 | (3.34) | 1.03 | 2.21 | 6.89 | ||||
Net equalization credits and charges (b)
|
0.02 | (0.02) | (0.03) | 0.01 | 0.03 | ||||
Distributions to shareholders from: | |||||||||
Net investment income
|
(0.60) | (0.60) | (0.56) | (0.48) | (0.39) | ||||
Net asset value, end of period
|
$ 37.53 | $ 24.06 | $ 28.02 | $ 27.58 | $ 25.84 | ||||
Total return (d)
|
58.79% | (11.98)% | 3.81% | 8.58% | 36.01%(e) | ||||
Ratios and Supplemental Data: | |||||||||
Net assets, end of period (in 000s)
|
$40,412,690 | $16,646,404 | $22,552,204 | $31,053,806 | $27,418,852 | ||||
Ratios to average net assets: | |||||||||
Total expenses
|
0.11% | 0.13% | 0.13% | 0.13% | 0.14% | ||||
Net investment income (loss)
|
1.80% | 2.30% | 2.13% | 1.72% | 1.65% | ||||
Portfolio turnover rate (f)
|
3% | 4% | 4% | 3% | 3% |
(a) | Beginning with the year ended September 30, 2020, the Fund was audited by Ernst & Young LLP. The previous years were audited by another independent registered public accounting firm. |
(b) | Per share numbers have been calculated using average shares outstanding, which more appropriately presents the per share data for the year. |
(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) | 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) | Includes a non-recurring litigation payment received by the Fund from State Street Corp., an affiliate, which amounted to less than $0.005 per share outstanding as of March 20, 2017. This payment resulted in an increase to total return of less than 0.005% for the period ended September 30, 2017. |
(f) | Portfolio turnover rate excludes securities received or delivered from in-kind processing of creations or redemptions on Select Sector SPDR shares. |
The Health Care Select Sector SPDR Fund | |||||||||
Year
Ended 9/30/21 |
Year
Ended 9/30/20 |
Year
Ended 9/30/19(a) |
Year
Ended 9/30/18(a) |
Year
Ended 9/30/17(a) | |||||
Net asset value, beginning of period
|
$ 105.56 | $ 90.13 | $ 95.11 | $ 81.76 | $ 72.09 | ||||
Income (loss) from investment operations: | |||||||||
Net investment income (loss) (b)
|
1.85 | 1.66 | 2.29 | 1.31 | 1.20 | ||||
Net realized and unrealized gain (loss) (c)
|
21.65 | 16.08 | (5.75) | 13.34 | 9.64 | ||||
Total from investment operations
|
23.50 | 17.74 | (3.46) | 14.65 | 10.84 | ||||
Net equalization credits and charges (b)
|
0.01 | (0.00)(d) | (0.02) | 0.01 | 0.02 | ||||
Distributions to shareholders from: | |||||||||
Net investment income
|
(1.81) | (2.31) | (1.50) | (1.31) | (1.19) | ||||
Net asset value, end of period
|
$ 127.26 | $ 105.56 | $ 90.13 | $ 95.11 | $ 81.76 | ||||
Total return (e)
|
22.37% | 19.90% | (3.65)% | 18.10% | 15.21% | ||||
Ratios and Supplemental Data: | |||||||||
Net assets, end of period (in 000s)
|
$30,358,856 | $23,873,455 | $16,818,717 | $19,632,378 | $17,711,627 | ||||
Ratios to average net assets: | |||||||||
Total expenses
|
0.11% | 0.13% | 0.13% | 0.13% | 0.14% | ||||
Net investment income (loss)
|
1.54% | 1.67% | 2.53% | 1.54% | 1.60% | ||||
Portfolio turnover rate (f)
|
4% | 3% | 2% | 5% | 4% |
(a) | Beginning with the year ended September 30, 2020, the Fund was audited by Ernst & Young LLP. The previous years were audited by another independent registered public accounting firm. |
(b) | Per share numbers have been calculated using average shares outstanding, which more appropriately presents the per share data for the year. |
(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) | Portfolio turnover rate excludes securities received or delivered from in-kind processing of creations or redemptions on Select Sector SPDR shares. |
The Industrial Select Sector SPDR Fund | |||||||||
Year
Ended 9/30/21 |
Year
Ended 9/30/20 |
Year
Ended 9/30/19(a) |
Year
Ended 9/30/18(a) |
Year
Ended 9/30/17(a) | |||||
Net asset value, beginning of period
|
$ 76.98 | $ 77.66 | $ 78.37 | $ 70.99 | $ 58.39 | ||||
Income (loss) from investment operations: | |||||||||
Net investment income (loss) (b)
|
1.27 | 1.39 | 1.52 | 1.30 | 1.35 | ||||
Net realized and unrealized gain (loss) (c)
|
20.81 | (0.68) | (0.63) | 7.49 | 12.58 | ||||
Total from investment operations
|
22.08 | 0.71 | 0.89 | 8.79 | 13.93 | ||||
Net equalization credits and charges (b)
|
0.01 | 0.02 | (0.03) | (0.02) | (0.01) | ||||
Voluntary contribution from Affiliate
|
— | — | 0.00(d)(e) | — | — | ||||
Distributions to shareholders from: | |||||||||
Net investment income
|
(1.30) | (1.41) | (1.57) | (1.39) | (1.32) | ||||
Net asset value, end of period
|
$ 97.77 | $ 76.98 | $ 77.66 | $ 78.37 | $ 70.99 | ||||
Total return (f)
|
28.74% | 1.12% | 1.25%(g) | 12.43% | 24.03% | ||||
Ratios and Supplemental Data: | |||||||||
Net assets, end of period (in 000s)
|
$17,367,182 | $12,179,734 | $9,802,368 | $12,925,332 | $11,055,679 | ||||
Ratios to average net assets: | |||||||||
Total expenses
|
0.11% | 0.13% | 0.13% | 0.13% | 0.14% | ||||
Net investment income (loss)
|
1.33% | 1.87% | 2.07% | 1.74% | 2.07% | ||||
Portfolio turnover rate (h)
|
2% | 3% | 3% | 6% | 5% |
(a) | Beginning with the year ended September 30, 2020, the Fund was audited by Ernst & Young LLP. The previous years were audited by another independent registered public accounting firm. |
(b) | Per share numbers have been calculated using average shares outstanding, which more appropriately presents the per share data for the year. |
(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) | Contribution paid by an Affiliate in the amount of $60,421. |
(f) | 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. |
(g) | The contribution from an Affiliate had no impact on total return. |
(h) | Portfolio turnover rate excludes securities received or delivered from in-kind processing of creations or redemptions on Select Sector SPDR shares. |
The Materials Select Sector SPDR Fund | |||||||||
Year
Ended 9/30/21 |
Year
Ended 9/30/20 |
Year
Ended 9/30/19(a) |
Year
Ended 9/30/18(a) |
Year
Ended 9/30/17(a) | |||||
Net asset value, beginning of period
|
$ 63.62 | $ 58.17 | $ 57.92 | $ 56.80 | $ 47.75 | ||||
Income (loss) from investment operations: | |||||||||
Net investment income (loss) (b)
|
1.45 | 1.23 | 1.20 | 1.09 | 1.01 | ||||
Net realized and unrealized gain (loss) (c)
|
15.43 | 5.47 | 0.28 | 1.09 | 9.06 | ||||
Total from investment operations
|
16.88 | 6.70 | 1.48 | 2.18 | 10.07 | ||||
Net equalization credits and charges (b)
|
(0.00)(d) | (0.03) | (0.03) | 0.02 | 0.03 | ||||
Distributions to shareholders from: | |||||||||
Net investment income
|
(1.39) | (1.22) | (1.20) | (1.08) | (1.05) | ||||
Net asset value, end of period
|
$ 79.11 | $ 63.62 | $ 58.17 | $ 57.92 | $ 56.80 | ||||
Total return (e)
|
26.60% | 11.76% | 2.64% | 3.84% | 21.33% | ||||
Ratios and Supplemental Data: | |||||||||
Net assets, end of period (in 000s)
|
$7,501,906 | $3,917,044 | $4,201,473 | $4,547,766 | $4,051,402 | ||||
Ratios to average net assets: | |||||||||
Total expenses
|
0.11% | 0.13% | 0.13% | 0.13% | 0.14% | ||||
Net investment income (loss)
|
1.83% | 2.15% | 2.18% | 1.84% | 1.95% | ||||
Portfolio turnover rate (f)
|
5% | 4% | 20% | 17% | 10% |
(a) | Beginning with the year ended September 30, 2020, the Fund was audited by Ernst & Young LLP. The previous years were audited by another independent registered public accounting firm. |
(b) | Per share numbers have been calculated using average shares outstanding, which more appropriately presents the per share data for the year. |
(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) | Portfolio turnover rate excludes securities received or delivered from in-kind processing of creations or redemptions on Select Sector SPDR shares. |
The Real Estate Select Sector SPDR Fund | |||||||||
Year
Ended 9/30/21 |
Year
Ended 9/30/20 |
Year
Ended 9/30/19(a) |
Year
Ended 9/30/18(a) |
Year
Ended 9/30/17(a) | |||||
Net asset value, beginning of period
|
$ 35.30 | $ 39.35 | $ 32.62 | $ 32.26 | $ 32.74 | ||||
Income (loss) from investment operations: | |||||||||
Net investment income (loss) (b)
|
0.85 | 0.88 | 0.95 | 0.95 | 0.75 | ||||
Net realized and unrealized gain (loss) (c)
|
9.66 | (3.78) | 6.91 | 0.58 | 0.11 | ||||
Total from investment operations
|
10.51 | (2.90) | 7.86 | 1.53 | 0.86 | ||||
Net equalization credits and charges (b)
|
0.05 | (0.05) | 0.01 | 0.00(d) | (0.08) | ||||
Distributions to shareholders from: | |||||||||
Net investment income
|
(1.39) | (1.10) | (1.14) | (1.17) | (1.26) | ||||
Net asset value, end of period
|
$ 44.47 | $ 35.30 | $ 39.35 | $ 32.62 | $ 32.26 | ||||
Total return (e)
|
30.42% | (7.46)% | 24.64% | 4.87% | 2.52% | ||||
Ratios and Supplemental Data: | |||||||||
Net assets, end of period (in 000s)
|
$4,282,141 | $2,264,406 | $3,884,273 | $2,732,078 | $2,354,818 | ||||
Ratios to average net assets: | |||||||||
Total expenses
|
0.11% | 0.13% | 0.13% | 0.13% | 0.14% | ||||
Net expenses
|
0.11% | 0.13% | 0.13% | 0.13% | 0.14% | ||||
Net investment income (loss)
|
2.05% | 2.42% | 2.69% | 2.94% | 2.38% | ||||
Portfolio turnover rate (f)
|
4% | 5% | 3% | 7% | 16% |
(a) | Beginning with the year ended September 30, 2020, the Fund was audited by Ernst & Young LLP. The previous years were audited by another independent registered public accounting firm. |
(b) | Per share numbers have been calculated using average shares outstanding, which more appropriately presents the per share data for the year. |
(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) | Portfolio turnover rate excludes securities received or delivered from in-kind processing of creations or redemptions on Select Sector SPDR shares. |
The Technology Select Sector SPDR Fund | |||||||||
Year
Ended 9/30/21 |
Year
Ended 9/30/20 |
Year
Ended 9/30/19(a) |
Year
Ended 9/30/18(a) |
Year
Ended 9/30/17(a) | |||||
Net asset value, beginning of period
|
$ 116.76 | $ 80.51 | $ 75.30 | $ 59.13 | $ 47.78 | ||||
Income (loss) from investment operations: | |||||||||
Net investment income (loss) (b)
|
1.11 | 1.20 | 1.05 | 0.93 | 0.85 | ||||
Net realized and unrealized gain (loss) (c)
|
32.60 | 36.24 | 5.18 | 16.17 | 11.35 | ||||
Total from investment operations
|
33.71 | 37.44 | 6.23 | 17.10 | 12.20 | ||||
Net equalization credits and charges (b)
|
(0.02) | (0.00)(d) | 0.01 | 0.04 | (0.00)(d) | ||||
Distributions to shareholders from: | |||||||||
Net investment income
|
(1.10) | (1.19) | (1.03) | (0.97) | (0.85) | ||||
Net asset value, end of period
|
$ 149.35 | $ 116.76 | $ 80.51 | $ 75.30 | $ 59.13 | ||||
Total return (e)
|
28.93% | 46.88% | 8.44% | 29.14% | 25.72% | ||||
Ratios and Supplemental Data: | |||||||||
Net assets, end of period (in 000s)
|
$43,022,516 | $34,095,026 | $22,417,160 | $22,959,484 | $17,832,444 | ||||
Ratios to average net assets: | |||||||||
Total expenses
|
0.11% | 0.13% | 0.13% | 0.13% | 0.14% | ||||
Net investment income (loss)
|
0.81% | 1.24% | 1.44% | 1.37% | 1.62% | ||||
Portfolio turnover rate (f)
|
4% | 3% | 6% | 19% | 4% |
(a) | Beginning with the year ended September 30, 2020, the Fund was audited by Ernst & Young LLP. The previous years were audited by another independent registered public accounting firm. |
(b) | Per share numbers have been calculated using average shares outstanding, which more appropriately presents the per share data for the year. |
(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) | Portfolio turnover rate excludes securities received or delivered from in-kind processing of creations or redemptions on Select Sector SPDR shares. |
The Utilities Select Sector SPDR Fund | |||||||||
Year
Ended 9/30/21 |
Year
Ended 9/30/20 |
Year
Ended 9/30/19(a) |
Year
Ended 9/30/18(a) |
Year
Ended 9/30/17(a) | |||||
Net asset value, beginning of period
|
$ 59.40 | $ 64.73 | $ 52.68 | $ 53.05 | $ 49.00 | ||||
Income (loss) from investment operations: | |||||||||
Net investment income (loss) (b)
|
1.86 | 2.00 | 1.90 | 1.76 | 1.69 | ||||
Net realized and unrealized gain (loss) (c)
|
4.61 | (5.36) | 12.01 | (0.28) | 4.07 | ||||
Total from investment operations
|
6.47 | (3.36) | 13.91 | 1.48 | 5.76 | ||||
Net equalization credits and charges (b)
|
(0.01) | (0.02) | 0.01 | (0.04) | (0.01) | ||||
Distributions to shareholders from: | |||||||||
Net investment income
|
(1.98) | (1.95) | (1.87) | (1.81) | (1.70) | ||||
Net asset value, end of period
|
$ 63.88 | $ 59.40 | $ 64.73 | $ 52.68 | $ 53.05 | ||||
Total return (d)
|
10.95% | (5.12)% | 26.85% | 2.89% | 11.88% | ||||
Ratios and Supplemental Data: | |||||||||
Net assets, end of period (in 000s)
|
$11,956,669 | $11,405,751 | $11,296,483 | $7,642,260 | $7,775,414 | ||||
Ratios to average net assets: | |||||||||
Total expenses
|
0.11% | 0.13% | 0.13% | 0.13% | 0.14% | ||||
Net investment income (loss)
|
2.89% | 3.29% | 3.30% | 3.37% | 3.32% | ||||
Portfolio turnover rate (e)
|
3% | 3% | 5% | 5% | 2% |
(a) | Beginning with the year ended September 30, 2020, the Fund was audited by Ernst & Young LLP. The previous years were audited by another independent registered public accounting firm. |
(b) | Per share numbers have been calculated using average shares outstanding, which more appropriately presents the per share data for the year. |
(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) | 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) | Portfolio turnover rate excludes securities received or delivered from in-kind processing of creations or redemptions on Select Sector SPDR shares. |
Asset Derivatives | ||||||||||||||||
Interest
Rate Contracts Risk |
Foreign
Exchange Contracts Risk |
Credit
Contracts Risk |
Equity
Contracts Risk |
Commodity
Contracts Risk |
Total | |||||||||||
The Energy Select Sector SPDR Fund | ||||||||||||||||
Futures Contracts
|
$— | $— | $— | $2,575,000 | $— | $2,575,000 |
Liability Derivatives | ||||||||||||||||
Interest
Rate Contracts Risk |
Foreign
Exchange Contracts Risk |
Credit
Contracts Risk |
Equity
Contracts Risk |
Commodity
Contracts Risk |
Total | |||||||||||
The Industrial Select Sector SPDR Fund | ||||||||||||||||
Futures Contracts
|
$— | $— | $— | $2,298,000 | $— | $2,298,000 | ||||||||||
The Real Estate Select Sector SPDR Fund | ||||||||||||||||
Futures Contracts
|
— | — | — | 526,638 | — | 526,638 | ||||||||||
The Technology Select Sector SPDR Fund | ||||||||||||||||
Futures Contracts
|
— | — | — | 3,535,001 | — | 3,535,001 |
Net Realized Gain (Loss) | ||||||||||||||||
Interest
Rate Contracts Risk |
Foreign
Exchange Contracts Risk |
Credit
Contracts Risk |
Equity
Contracts Risk |
Commodity
Contracts Risk |
Total | |||||||||||
The Energy Select Sector SPDR Fund | ||||||||||||||||
Futures Contracts
|
$— | $— | $— | $38,121,343 | $— | $38,121,343 | ||||||||||
The Industrial Select Sector SPDR Fund | ||||||||||||||||
Futures Contracts
|
— | — | — | (1,856,222) | — | (1,856,222) | ||||||||||
The Real Estate Select Sector SPDR Fund | ||||||||||||||||
Futures Contracts
|
— | — | — | 43,174 | — | 43,174 | ||||||||||
The Technology Select Sector SPDR Fund | ||||||||||||||||
Futures Contracts
|
— | — | — | 14,375,788 | — | 14,375,788 |
Net Change in Unrealized Appreciation (Depreciation) | ||||||||||||||||
Interest
Rate Contracts Risk |
Foreign
Exchange Contracts Risk |
Credit
Contracts Risk |
Equity
Contracts Risk |
Commodity
Contracts Risk |
Total | |||||||||||
The Energy Select Sector SPDR Fund | ||||||||||||||||
Futures Contracts
|
$— | $— | $— | $ 3,717,838 | $— | $ 3,717,838 | ||||||||||
The Industrial Select Sector SPDR Fund | ||||||||||||||||
Futures Contracts
|
— | — | — | (2,299,398) | — | (2,299,398) | ||||||||||
The Real Estate Select Sector SPDR Fund | ||||||||||||||||
Futures Contracts
|
— | — | — | (527,045) | — | (527,045) | ||||||||||
The Technology Select Sector SPDR Fund | ||||||||||||||||
Futures Contracts
|
— | — | — | (3,536,655) | — | (3,536,655) |
Purchases | Sales | ||
The Communication Services Select Sector SPDR
Fund
|
$1,983,244,137 | $1,983,469,584 | |
The Consumer Discretionary Select Sector SPDR
Fund
|
4,295,981,733 | 4,309,549,991 | |
The Consumer Staples Select Sector SPDR
Fund
|
538,289,813 | 535,791,239 | |
The Energy Select Sector SPDR Fund
|
2,542,542,236 | 2,552,270,015 | |
The Financial Select Sector SPDR Fund
|
885,639,235 | 939,398,201 | |
The Health Care Select Sector SPDR Fund
|
1,187,251,561 | 1,203,382,212 | |
The Industrial Select Sector SPDR Fund
|
438,243,641 | 416,345,833 | |
The Materials Select Sector SPDR Fund
|
371,176,955 | 378,857,372 | |
The Real Estate Select Sector SPDR Fund
|
143,737,325 | 128,426,718 | |
The Technology Select Sector SPDR Fund
|
1,804,913,683 | 1,575,016,079 | |
The Utilities Select Sector SPDR Fund
|
382,180,308 | 369,492,883 |
In-kind
Contributions |
In-kind
Redemptions |
In-kind
Net Realized Gains/(Losses) | |||
The Communication Services Select Sector SPDR
Fund
|
$ 8,948,420,681 | $ 7,394,408,952 | $2,405,017,920 | ||
The Consumer Discretionary Select Sector SPDR
Fund
|
12,785,379,769 | 12,571,832,867 | 3,084,946,725 | ||
The Consumer Staples Select Sector SPDR
Fund
|
15,201,991,409 | 17,898,247,044 | 1,213,593,069 | ||
The Energy Select Sector SPDR Fund
|
21,164,225,143 | 12,559,093,916 | 2,752,426,494 | ||
The Financial Select Sector SPDR Fund
|
42,257,665,155 | 30,539,301,226 | 5,698,543,300 | ||
The Health Care Select Sector SPDR Fund
|
20,886,966,974 | 19,068,496,669 | 3,643,093,878 | ||
The Industrial Select Sector SPDR Fund
|
17,384,772,856 | 15,957,025,935 | 3,008,206,721 | ||
The Materials Select Sector SPDR Fund
|
10,022,811,386 | 7,441,775,521 | 1,092,407,124 | ||
The Real Estate Select Sector SPDR Fund
|
3,533,266,366 | 2,088,827,487 | 135,941,338 | ||
The Technology Select Sector SPDR Fund
|
14,152,432,442 | 14,909,783,533 | 6,329,196,631 | ||
The Utilities Select Sector SPDR Fund
|
13,282,178,531 | 13,561,154,529 | 668,785,742 |
Ordinary
Income |
Long-Term
Capital Gains |
Total | |||
The Communication Services Select Sector SPDR
Fund
|
$ 93,350,467 | $— | $ 93,350,467 | ||
The Consumer Discretionary Select Sector SPDR
Fund
|
123,348,978 | — | 123,348,978 | ||
The Consumer Staples Select Sector SPDR
Fund
|
330,192,564 | — | 330,192,564 | ||
The Energy Select Sector SPDR Fund
|
933,129,989 | — | 933,129,989 | ||
The Financial Select Sector SPDR Fund
|
620,652,967 | — | 620,652,967 | ||
The Health Care Select Sector SPDR Fund
|
409,925,315 | — | 409,925,315 | ||
The Industrial Select Sector SPDR Fund
|
241,943,347 | — | 241,943,347 | ||
The Materials Select Sector SPDR Fund
|
127,713,864 | — | 127,713,864 | ||
The Real Estate Select Sector SPDR Fund
|
97,886,559 | — | 97,886,559 | ||
The Technology Select Sector SPDR Fund
|
316,074,902 | — | 316,074,902 | ||
The Utilities Select Sector SPDR Fund
|
374,646,864 | — | 374,646,864 |
Ordinary
Income |
Long-Term
Capital Gains |
Total | |||
The Communication Services Select Sector SPDR
Fund
|
$ 72,105,963 | $ — | $ 72,105,963 | ||
The Consumer Discretionary Select Sector SPDR
Fund
|
155,312,249 | — | 155,312,249 | ||
The Consumer Staples Select Sector SPDR
Fund
|
376,426,376 | — | 376,426,376 | ||
The Energy Select Sector SPDR Fund
|
848,003,506 | — | 848,003,506 | ||
The Financial Select Sector SPDR Fund
|
449,908,823 | — | 449,908,823 | ||
The Health Care Select Sector SPDR Fund
|
487,102,987 | — | 487,102,987 | ||
The Industrial Select Sector SPDR Fund
|
191,739,565 | — | 191,739,565 | ||
The Materials Select Sector SPDR Fund
|
77,875,887 | — | 77,875,887 | ||
The Real Estate Select Sector SPDR Fund
|
103,475,755 | — | 103,475,755 | ||
The Technology Select Sector SPDR Fund
|
349,008,693 | — | 349,008,693 | ||
The Utilities Select Sector SPDR Fund
|
364,880,036 | — | 364,880,036 |
Undistributed
Ordinary Income |
Capital
Loss Carryforwards |
Undistributed
Long-Term Capital Gains |
Net
Unrealized Gains (Losses) |
Total | |||||
The Communication Services Select Sector SPDR
Fund
|
$ 2,144,939 | $ (223,264,580) | $— | $ 2,044,898,756 | $ 1,823,779,115 | ||||
The Consumer Discretionary Select Sector SPDR
Fund
|
20,489,115 | (1,477,965,879) | — | 2,025,162,666 | 567,685,902 | ||||
The Consumer Staples Select Sector SPDR
Fund
|
1,464,652 | (1,007,599,431) | — | (854,357,945) | (1,860,492,724) | ||||
The Energy Select Sector SPDR Fund
|
— | (6,991,193,095) | — | (1,549,618,214) | (8,540,811,309) | ||||
The Financial Select Sector SPDR Fund
|
29,700,775 | (915,214,949) | — | 2,265,388,897 | 1,379,874,723 | ||||
The Health Care Select Sector SPDR Fund
|
36,557,004 | (981,508,601) | — | 1,519,905,980 | 574,954,383 | ||||
The Industrial Select Sector SPDR Fund
|
— | (624,371,814) | — | (1,057,181,098) | (1,681,552,912) | ||||
The Materials Select Sector SPDR Fund
|
6,896,813 | (907,083,078) | — | (346,801,763) | (1,246,988,028) | ||||
The Real Estate Select Sector SPDR Fund
|
— | (102,826,880) | — | (38,597,914) | (141,424,794) | ||||
The Technology Select Sector SPDR Fund
|
8,919,280 | (1,004,693,868) | — | 11,190,332,916 | 10,194,558,328 | ||||
The Utilities Select Sector SPDR Fund
|
— | (800,015,050) | — | (1,090,075,842) | (1,890,090,892) |
Non-Expiring
Short Term |
Non-Expiring
Long Term | ||
The Communication Services Select Sector SPDR
Fund
|
$150,480,503 | $ 72,784,077 | |
The Consumer Discretionary Select Sector SPDR
Fund
|
350,110,057 | 1,127,855,822 | |
The Consumer Staples Select Sector SPDR
Fund
|
91,905,016 | 915,694,415 | |
The Energy Select Sector SPDR Fund
|
276,141,851 | 6,715,051,244 | |
The Financial Select Sector SPDR Fund
|
463,808,972 | 451,405,977 | |
The Health Care Select Sector SPDR Fund
|
119,469,136 | 862,039,465 | |
The Industrial Select Sector SPDR Fund
|
151,261,576 | 473,110,238 | |
The Materials Select Sector SPDR Fund
|
261,804,008 | 645,279,070 | |
The Real Estate Select Sector SPDR Fund
|
57,312,010 | 45,514,870 | |
The Technology Select Sector SPDR Fund
|
296,138,850 | 708,555,018 | |
The Utilities Select Sector SPDR Fund
|
136,266,407 | 663,748,643 |
Tax
Cost |
Gross
Unrealized Appreciation |
Gross
Unrealized Depreciation |
Net
Unrealized Appreciation (Depreciation) | ||||
The Communication Services Select Sector SPDR
Fund
|
$13,207,037,770 | $ 2,383,263,170 | $ 338,364,439 | $ 2,044,898,731 | |||
The Consumer Discretionary Select Sector SPDR
Fund
|
17,696,752,717 | 2,428,897,327 | 403,734,662 | 2,025,162,665 | |||
The Consumer Staples Select Sector SPDR
Fund
|
12,581,911,163 | 62,182,083 | 916,540,027 | (854,357,944) | |||
The Energy Select Sector SPDR Fund
|
26,834,932,348 | 777,978,386 | 2,327,596,600 | (1,549,618,214) | |||
The Financial Select Sector SPDR Fund
|
38,128,176,336 | 2,902,901,708 | 637,512,811 | 2,265,388,897 | |||
The Health Care Select Sector SPDR Fund
|
28,815,332,721 | 2,473,321,520 | 953,415,540 | 1,519,905,980 | |||
The Industrial Select Sector SPDR Fund
|
18,426,243,232 | 643,351,236 | 1,700,532,334 | (1,057,181,098) | |||
The Materials Select Sector SPDR Fund
|
7,841,247,281 | 171,708,399 | 518,510,162 | (346,801,763) | |||
The Real Estate Select Sector SPDR Fund
|
4,327,709,599 | 155,729,381 | 194,327,295 | (38,597,914) | |||
The Technology Select Sector SPDR Fund
|
31,825,639,058 | 11,647,247,242 | 456,914,326 | 11,190,332,916 | |||
The Utilities Select Sector SPDR Fund
|
13,033,381,872 | 30,804,761 | 1,120,880,602 | (1,090,075,841) |
Fund | Market
Value of Securities on Loan |
Cash
Collateral Received |
Non-Cash
Collateral Received * |
Total
Collateral Received | ||||
The Communication Services Select Sector SPDR
Fund
|
$ 190,261,873 | $ 76,583,434 | $ 122,598,166 | $ 199,181,600 | ||||
The Consumer Discretionary Select Sector SPDR
Fund
|
211,420,542 | 88,081,524 | 131,507,177 | 219,588,701 | ||||
The Consumer Staples Select Sector SPDR
Fund
|
52,716,515 | 3,227,202 | 51,888,327 | 55,115,529 | ||||
The Energy Select Sector SPDR Fund
|
222,029,620 | 204,202,820 | 32,763,233 | 236,966,053 | ||||
The Financial Select Sector SPDR Fund
|
25,048,543 | 3,282,379 | 22,434,961 | 25,717,340 | ||||
The Health Care Select Sector SPDR Fund
|
113,508,432 | 27,800 | 115,482,654 | 115,510,454 | ||||
The Industrial Select Sector SPDR Fund
|
16,724,679 | 11,459,054 | 5,894,679 | 17,353,733 | ||||
The Real Estate Select Sector SPDR Fund
|
20,481,591 | 11,462,368 | 9,867,713 | 21,330,081 | ||||
The Technology Select Sector SPDR Fund
|
263,146,058 | 102,000 | 273,084,744 | 273,186,744 | ||||
The Utilities Select Sector SPDR Fund
|
4,246,909 | 2,602,779 | 1,817,950 | 4,420,729 |
* | The non-cash collateral includes U.S. Treasuries and U.S. Government Agency securities. |
Remaining Contractual Maturity of the Agreements as of September 30, 2021 | ||||||||||||||
Fund | Securities
Lending Transactions |
Overnight
and Continuous |
<30 Days | Between
30 & 90 Days |
>90 Days | Total
Borrowings |
Gross
Amount of Recognized Liabilities for Securities Lending Transactions | |||||||
The Communication Services Select Sector SPDR
Fund
|
Common Stocks | $ 76,583,434 | $— | $— | $— | $ 76,583,434 | $ 76,583,434 | |||||||
The Consumer Discretionary Select Sector SPDR
Fund
|
Common Stocks | 88,081,524 | — | — | — | 88,081,524 | 88,081,524 | |||||||
The Consumer Staples Select Sector SPDR
Fund
|
Common Stocks | 3,227,202 | — | — | — | 3,227,202 | 3,227,202 | |||||||
The Energy Select Sector SPDR Fund
|
Common Stocks | 204,202,820 | — | — | — | 204,202,820 | 204,202,820 | |||||||
The Financial Select Sector SPDR Fund
|
Common Stocks | 3,282,379 | — | — | — | 3,282,379 | 3,282,379 | |||||||
The Health Care Select Sector SPDR Fund
|
Common Stocks | 27,800 | — | — | — | 27,800 | 27,800 | |||||||
The Industrial Select Sector SPDR Fund
|
Common Stocks | 11,459,054 | — | — | — | 11,459,054 | 11,459,054 | |||||||
The Real Estate Select Sector SPDR Fund
|
Common Stocks | 11,462,368 | — | — | — | 11,462,368 | 11,462,368 | |||||||
The Technology Select Sector SPDR Fund
|
Common Stocks | 102,000 | — | — | — | 102,000 | 102,000 | |||||||
The Utilities Select Sector SPDR Fund
|
Common Stocks | 2,602,779 | — | — | — | 2,602,779 | 2,602,779 |
Actual | Hypothetical (assuming a 5% return before expenses) | ||||||||
Annualized
Expense Ratio |
Ending
Account Value |
Expenses
Paid During Period(a) |
Ending
Account Value |
Expenses
Paid During Period(a) | |||||
The Communication Services Select Sector SPDR
Fund
|
0.11% | $1,097.30 | $0.58 | $1,024.50 | $0.56 | ||||
The Consumer Discretionary Select Sector SPDR
Fund
|
0.11 | 1,071.90 | 0.57 | 1,024.50 | 0.56 | ||||
The Consumer Staples Select Sector SPDR
Fund
|
0.11 | 1,022.40 | 0.56 | 1,024.50 | 0.56 | ||||
The Energy Select Sector SPDR Fund
|
0.11 | 1,086.50 | 0.58 | 1,024.50 | 0.56 | ||||
The Financial Select Sector SPDR Fund
|
0.11 | 1,112.30 | 0.58 | 1,024.50 | 0.56 | ||||
The Health Care Select Sector SPDR Fund
|
0.11 | 1,098.70 | 0.58 | 1,024.50 | 0.56 | ||||
The Industrial Select Sector SPDR Fund
|
0.11 | 1,000.10 | 0.55 | 1,024.50 | 0.56 | ||||
The Materials Select Sector SPDR Fund
|
0.11 | 1,012.90 | 0.56 | 1,024.50 | 0.56 | ||||
The Real Estate Select Sector SPDR Fund
|
0.11 | 1,140.10 | 0.59 | 1,024.50 | 0.56 | ||||
The Technology Select Sector SPDR Fund
|
0.11 | 1,129.70 | 0.59 | 1,024.50 | 0.56 | ||||
The Utilities Select Sector SPDR Fund
|
0.11 | 1,013.80 | 0.56 | 1,024.50 | 0.56 |
(a) | Expenses are equal to the Fund's annualized net expense ratio multiplied by the average account value of the period, multiplied by 183, then divided by 365. |
Trustee Nominee Name | Shares For | Shares Withheld |
Allison Grant Williams | 2,018,805,430.112 | 8,446,342,163 |
Sheila Hartnett-Devlin | 2,018,505,396.167 | 8,746,376.108 |
James Jessee | 2,018,682,127.524 | 8,569,644.751 |
Teresa Polley | 2,018,840,484.986 | 8,411,287.289 |
Ashley T. Rabun | 2,009,049,386.873 | 18,202,385.402 |
James E. Ross | 2,015,282,401.356 | 11,969,370.919 |
Rory Tobin | 2,018,755,160.639 | 8,496,611.636 |
Name,
Address and Year of Birth |
Position(s)
with Trust |
Term
of Office and Length of Time Served |
Principal
Occupation(s) During Past 5 Years |
Number
of Portfolios in Fund Complex Overseen by Trustee† |
Other
Directorships Held by Trustee During the Past 5 Years | |||||
Independent Trustees | ||||||||||
ASHLEY
T. RABUN c/o The Select Sector SPDR Trust One Iron Street Boston, MA 02210 1952 |
Trustee,
Chair of the Board; Member of the Audit Committee, Member of the Nominating and Governance Committee |
Term:
Indefinite Appointed: October 2015 Elected: October 2021 |
Retired;
President and Founder, InvestorReach, Inc., a financial services consulting firm (1996 to 2015). |
11 | Chairperson
of the Board and Member of the Audit, Nominating and Valuation Committees, Investment Managers Series Trust (2007 to present). | |||||
CHERYL
BURGERMEISTER c/o The Select Sector SPDR Trust One Iron Street Boston, MA 02210 1951 |
Trustee
and Vice Chair of the Board, Member of the Audit Committee, Chair of the Nominating and Governance Committee |
Term:
Indefinite Elected: October 1998 |
Retired;
Finance Committee Member, Portland Community College Foundation (January 2001 to present); CPA (Retired). |
11 | Director,
Chair of Audit Committee and Member of the Nominating and Governance Committee, Russell Funds Complex; Lead Independent Director and Member of the Audit and Nominating and Governance Committees, ALPS Series Trust (2012 to 2016). | |||||
ALLISON
GRANT WILLIAMS c/o The Select Sector SPDR Trust One Iron Street Boston, MA 02210 1956 |
Trustee | Term:
Indefinite Elected: October 2021 |
Retired;
Practice Executive, Global Strategic Relationship Management/Asset Management - Corporate & Institutional Services (C&IS) Division, Northern Trust Corporation (2017 to 2021); and Chief Operating Officer & Chief Administrative Officer, Institutional Investor Group, N.A., C&IS Division, Northern Trust Corporation (2016 to 2017). |
11 | Leadership
Advisory Committee (2019 to present) and Membership Committee Chair (2021 to present), Art Institute of Chicago; Academic Affairs Chair and Executive Committee Member (2018 to present) and Board of Trustees and Investment Committee Member (2012 to present), Columbia College Chicago. | |||||
SHEILA
HARTNETT-DEVLIN c/o The Select Sector SPDR Trust One Iron Street Boston, MA 02210 1958 |
Trustee | Term:
Indefinite Elected: October 2021 |
Retired.
Senior Vice President and Head of the U.S. Institutional Business American Century Investments, Inc. (2008 to 2017). |
11 | Director,
South Jersey Industries, Inc. (energy services) (1999 to present) and Director, Mannington Mills (flooring products) (2005 to present). |
Name,
Address and Year of Birth |
Position(s)
with Trust |
Term
of Office and Length of Time Served |
Principal
Occupation(s) During Past 5 Years |
Number
of Portfolios in Fund Complex Overseen by Trustee† |
Other
Directorships Held by Trustee During the Past 5 Years | |||||
JAMES
JESSEE c/o The Select Sector SPDR Trust One Iron Street Boston, MA 02210 1958 |
Trustee | Term:
Indefinite Elected: October 2021 |
Retired.
Strategic Advisor, MFS Investment Management (2018); and Co-Head, Global Distribution and President MFS Fund Distributors, Inc. (2011 to 2017). |
11 | Trustee,
Yieldstreet Prism Fund (investment company) (2019 to present); Trustee, Lanteri Charitable Trust (2018 to present); Director, Regional Board of Directors, BottomLine (charity)(2018 to present); Director, Invest in Others Charitable Foundation (2016 to present); Board Member, Board of Governors, Investment Company Institute (2014 to 2018); and Director, Waddell & Reed Financial, Inc. (investment management) (2019 to 2021). | |||||
TERESA
POLLEY c/o The Select Sector SPDR Trust One Iron Street Boston, MA 02210 1960 |
Trustee | Term:
Indefinite Elected: October 2021 |
Terri
Polley Consulting (2019 to present); President and Chief Executive Officer of the Financial Accounting Foundation (FAF) (2008 - 2019). |
11 | Corporator,
Fairfield County Bank Corporation (2019 to present); Trustee (2018 to present), Academic Affairs Committee Member (2018 to present), Audit Committee Chair (2021 to present), Executive Committee Member (2021 to present), Finance and Operations Committee Member (2018 to present), St. Francis University; Director (2010 to present), Chair (2015 to 2017), Vice Chair (2013 to 2015), Treasurer (2011 to 2013), Greater Norwalk (CT) Chamber of Commerce; Member (2020 to present), Investment Committee, Connecticut Society of CPAs; Director (2020 to present), Girl Scouts of Connecticut. |
Name,
Address and Year of Birth |
Position(s)
with Trust |
Term
of Office and Length of Time Served |
Principal
Occupation(s) During Past 5 Years |
Number
of Portfolios in Fund Complex Overseen by Trustee† |
Other
Directorships Held by Trustee During the Past 5 Years | |||||
ERNEST
J. SCALBERG(1) c/o The Select Sector SPDR Trust One Iron Street Boston, MA 02210 1945 |
Trustee,
Member of the Audit Committee, Member of the Nominating and Governance Committee |
Term:
Indefinite Elected: October 1998 |
Retired;
Research Professor and Director of the GLOBE Center, Monterey Institute of International Studies (2009 to 2014). |
11 | Trustee,
Southern Oregon University Foundation (September 2020 to present); Chairman of the Board of the Foundation, International University in Geneva (IUG), Switzerland (2009 to 2019); Chairman of the Board and Chairman of the Audit Committee of Principal Real Estate Income Fund; Director and Member of the Audit and Nominating Committees, db-X Exchange-Traded Funds Inc. (2007 to 2015). | |||||
R.
CHARLES TSCHAMPION c/o The Select Sector SPDR Trust One Iron Street Boston, MA 02210 1946 |
Trustee,
Chair of the Audit Committee, Member of the Nominating and Governance Committee, Chair of the Business Continuity Management Team |
Term:
Indefinite Elected: October 1998 |
Retired. | 11 | Trustee
Emeritus of Lehigh University; Director and Member of the Audit and Nominating Committees, db-X Exchange-Traded Funds, Inc. (2007 to 2015). | |||||
(1) Mr. Scalberg will be retiring from the Board on December 31, 2021. |
Name,
Address and Year of Birth |
Position(s)
with Trust |
Term
of Office and Length of Time Served |
Principal
Occupation(s) During Past 5 Years |
Number
of Portfolios in Fund Complex Overseen by Trustee† |
Other
Directorships Held by Trustee During the Past 5 Years | |||||
Interested Trustees | ||||||||||
JAMES
E. ROSS* c/o The Select Sector SPDR Trust One Iron Street Boston, MA 02210 1965 |
Trustee | Term:
Indefinite Appointed: November 2005 Elected: October 2021 |
Non-Executive
Chairman, Fusion Acquisition Corp. (June 2020 to Present); Retired Chairman and Director, SSGA Funds Management, Inc. (2005 to March 2020); Retired Executive Vice President, State Street Global Advisors (2012 to March 2020); Retired Chief Executive Officer and Manager, State Street Global Advisors Funds Distributors, LLC (May 2017 to March 2020); Director, State Street Global Markets, LLC (2013 to April 2017); President, SSGA Funds Management, Inc. (2005 to 2012); Principal, State Street Global Advisors (2000 to 2005). |
129 | SSGA
SPDR ETFs Europe I plc (Director) (November 2016 to March 2020); SSGA SPDR ETFs Europe II plc (Director) (November 2016 to March 2020); State Street Navigator Securities Lending Trust (July 2016 to March 2020); SSGA Funds (January 2014 to March 2020); State Street Institutional Investment Trust (February 2007 to March 2020); State Street Master Funds (February 2007 to March 2020); Elfun Funds (July 2016 to December 2018). | |||||
RORY
TOBIN* c/o The Select Sector SPDR Trust One Iron Street Boston, MA 02210 1965 |
Trustee | Term:
Indefinite Elected: October 2021 |
Executive
Vice President and Head of Business EMEA, Head of Global SPDR ETF, Member of the SSGA Global Executive Management Group. |
11 | None | |||||
† For the purpose of determining the number of portfolios overseen by the Trustees, “Fund Complex” comprises registered investment companies for which SSGA Funds Management, Inc. serves as investment adviser. | ||||||||||
* Mr. Ross and Mr. Tobin are each an “interested person” of the Trust, as defined in the 1940 Act. Mr. Ross is an “interested person”, because of his former position with the Adviser and ownership interest in an affiliate of the Adviser. Mr. Tobin is an “interested Person” because of his position with an affiliate of the Adviser. |
Name,
Address and Year of Birth |
Position(s)
with Trust |
Term
of Office and Length of Time Served |
Principal Occupation(s) During the Past 5 Years | |||
Officers | ||||||
ELLEN
M. NEEDHAM SSGA Funds Management, Inc. One Iron Street Boston, MA 02210 1967 |
President and Principal Executive Officer | Term:
Indefinite Elected: May 2013 |
Chairman, SSGA Funds Management Inc.(March 2020 to present); President and Director, SSGA Funds Management, Inc. (2001 to present)*; Senior Managing Director, State Street Global Advisors (1992 to present)*; Manager, State Street Global Advisors Funds Distributors, LLC (May 2017 to present). | |||
MICHAEL
P. RILEY SSGA Funds Management, Inc. One Iron Street Boston, MA 02210 1969 |
Vice
President |
Term:
Indefinite Elected: February 2005 |
Managing Director, State Street Global Advisors (2005 to present).* | |||
CHAD
C. HALLETT SSGA Funds Management, Inc. One Iron Street Boston, MA 02210 1969 |
Treasurer
and Principal Financial Officer |
Term:
Indefinite Elected: November 2007 |
Vice President, State Street Global Advisors and SSGA Funds Management, Inc. (November 2014 to present); Vice President, State Street Bank and Trust Company (2001 to November 2014).* | |||
ANN
M. CARPENTER SSGA Funds Management, Inc. One Iron Street Boston, MA 02210 1966 |
Deputy
Treasurer |
Term:
Indefinite Elected: April 2015 |
Chief Operating Officer, SSGA Funds Management, Inc. (2005 to Present)*; Managing Director, State Street Global Advisors (2005 to present).* | |||
BRUCE
S. ROSENBERG SSGA Funds Management, Inc. One Iron Street Boston, MA 02210 1961 |
Deputy
Treasurer |
Term:
Indefinite Elected: February 2016 |
Managing Director, State Street Global Advisors and SSGA Funds Management, Inc. (July 2015 to present); Director, Credit Suisse (April 2008 to July 2015). | |||
DARLENE
ANDERSON-VASQUEZ SSGA Funds Management, Inc. One Iron Street Boston, MA 02210 1968 |
Deputy
Treasurer |
Term:
Indefinite Elected: February 2017 |
Managing Director, State Street Global Advisors and SSGA Funds Management, Inc. (May 2016 to present); Senior Vice President, John Hancock Investments (September 2007 to May 2016). | |||
ARTHUR
A. JENSEN SSGA Funds Management, Inc. 1600 Summer Street Stamford, CT 06905 1966 |
Deputy
Treasurer |
Term:
Indefinite Elected: November 2017 |
Vice President, State Street Global Advisors and SSGA Funds Management, Inc. (July 2016 to present);Mutual Funds Controller of GE Asset Management Incorporated (April 2011 to July 2016). | |||
DAVID
LANCASTER SSGA Funds Management, Inc. One Iron Street Boston, MA 02210 1971 |
Assistant
Treasurer |
Term:
Indefinite Elected: November 2020 |
Vice President, State Street Global Advisors and SSGA Funds Management, Inc. (July 2017 to present); Assistant Vice President, State Street Bank and Trust Company (November 2011 to July 2017).* | |||
SEAN
O’MALLEY SSGA Funds Management, Inc. One Iron Street Boston, MA 02210 1969 |
Chief
Legal Officer |
Term:
Indefinite Elected: August 2019 |
Senior Vice President and Deputy General Counsel, State Street Global Advisors (November 2013 to present). | |||
TIMOTHY
COLLINS SSGA Funds Management, Inc. One Iron Street Boston, MA 02210 1967 |
Secretary | Term:
Indefinite Elected: August 2021 |
Vice President and Managing Counsel, State Street Global Advisors (August 2021 to present); Vice President and Managing Counsel, State Street Corporation (March 2020 to August 2021) and Vice President and Senior Counsel (April 2018 to March 2020); Counsel Sutton Place Investments (January 2010 to March 2018). |
Name,
Address and Year of Birth |
Position(s)
with Trust |
Term
of Office and Length of Time Served |
Principal Occupation(s) During the Past 5 Years | |||
DAVID
BARR SSGA Funds Management, Inc. One Iron Street Boston, MA 02210 1974 |
Assistant
Secretary |
Term:
Indefinite Elected: November 2020 |
Vice President and Senior Counsel, State Street Global Advisors (October 2019 to present); Vice President at Eaton Vance Corp (October 2010 to October 2019). | |||
DAVID
URMAN SSGA Funds Management, Inc. One Iron Street Boston, MA 02210 1985 |
Assistant
Secretary |
Term:
Indefinite Elected: August 2019 |
Vice President and Senior Counsel, State Street Global Advisors (April 2019 to present); Vice President and Counsel, State Street Global Advisors (August 2015 to April 2019); Associate, Ropes & Gray LLP (November 2012 to August 2015). | |||
BRIAN
HARRIS SSGA Funds Management, Inc. One Iron Street Boston, MA 02210 1973 |
Chief
Compliance Officer; Anti- Money Laundering Officer and Code of Ethics Compliance Officer |
Term:
Indefinite Elected: November 2013 |
Managing Director, State Street Global Advisors and SSGA Funds Management, Inc. (June 2013 to present)*. | |||
* Served in various capacities and/or with various affiliated entities during the noted time period. | ||||||
The Trust's Statement of Additional Information (SAI) includes additional information about the Funds' Trustees and is available, without charge, upon request and by calling 1-866-787-2257. |