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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9 |
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12 |
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15 |
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18 |
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21 |
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24 |
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28 |
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31 |
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34 |
Schedules of Investments | |
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37 |
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39 |
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41 |
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43 |
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47 |
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53 |
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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 | – 39.71% | – 39.67% | – 39.69% | – 15.47% | – 39.71% | – 39.67% | – 39.69% | – 15.47% | ||||||
SINCE INCEPTION (1) | – 0.59% | – 0.54% | – 0.16% | 39.31% | – 0.14% | – 0.13% | – 0.04% | 8.04% | ||||||
(1) | For the period June 18, 2018 to September 30, 2022. |
Description | Market Value | % of Net Assets | ||
Meta Platforms, Inc. Class A | 1,340,924,490 | 17.7% | ||
Alphabet, Inc. Class A | 911,071,128 | 12.1 | ||
Alphabet, Inc. Class C | 818,964,452 | 10.8 | ||
T-Mobile US, Inc. | 349,998,545 | 4.6 | ||
Activision Blizzard, Inc. | 342,617,449 | 4.5 | ||
TOTAL | 3,763,576,064 | 49.7% |
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 | – 20.06% | – 20.05% | – 20.01% | – 15.47% | – 20.06% | – 20.05% | – 20.01% | – 15.47% | ||||||
FIVE YEARS | 66.51% | 66.60% | 67.59% | 55.55% | 10.74% | 10.75% | 10.88% | 9.24% | ||||||
TEN YEARS | 245.53% | 245.63% | 250.93% | 202.44% | 13.20% | 13.20% | 13.38% | 11.70% | ||||||
Description | Market Value | % of Net Assets | ||
Amazon.com, Inc. | 3,154,805,303 | 22.4% | ||
Tesla, Inc. | 3,062,314,964 | 21.7 | ||
Home Depot, Inc. | 670,102,078 | 4.7 | ||
McDonald's Corp. | 647,235,622 | 4.6 | ||
Lowe's Cos., Inc. | 574,151,322 | 4.1 | ||
TOTAL | 8,108,609,289 | 57.5% |
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 | – 0.63% | – 0.57% | – 0.49% | – 15.47% | – 0.63% | – 0.57% | – 0.49% | – 15.47% | ||||||
FIVE YEARS | 41.37% | 41.48% | 42.31% | 55.55% | 7.17% | 7.19% | 7.31% | 9.24% | ||||||
TEN YEARS | 143.07% | 143.24% | 146.93% | 202.44% | 9.29% | 9.30% | 9.46% | 11.70% | ||||||
Description | Market Value | % of Net Assets | ||
Procter & Gamble Co. | 2,098,652,740 | 14.5% | ||
PepsiCo, Inc. | 1,567,382,365 | 10.8 | ||
Coca-Cola Co. | 1,516,786,764 | 10.5 | ||
Costco Wholesale Corp. | 1,455,261,279 | 10.1 | ||
Walmart, Inc. | 679,026,062 | 4.7 | ||
TOTAL | 7,317,109,210 | 50.6% |
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 | 44.34% | 44.42% | 44.49% | – 15.47% | 44.34% | 44.42% | 44.49% | – 15.47% | ||||||
FIVE YEARS | 33.58% | 33.64% | 34.47% | 55.55% | 5.96% | 5.97% | 6.10% | 9.24% | ||||||
TEN YEARS | 41.17% | 41.31% | 42.93% | 202.44% | 3.51% | 3.52% | 3.64% | 11.70% | ||||||
Description | Market Value | % of Net Assets | ||
Exxon Mobil Corp. | 7,640,126,683 | 22.8% | ||
Chevron Corp. | 6,556,871,802 | 19.6 | ||
ConocoPhillips | 1,510,057,709 | 4.5 | ||
EOG Resources, Inc. | 1,496,393,298 | 4.5 | ||
Pioneer Natural Resources Co. | 1,490,246,722 | 4.4 | ||
TOTAL | 18,693,696,214 | 55.8% |
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 | – 17.67% | – 17.59% | – 17.65% | – 15.47% | – 17.67% | – 17.59% | – 17.65% | – 15.47% | ||||||
FIVE YEARS | 29.69% | 29.81% | 30.50% | 55.55% | 5.34% | 5.36% | 5.47% | 9.24% | ||||||
TEN YEARS | 190.01% | 190.27% | 193.74% | 202.44% | 11.24% | 11.24% | 11.38% | 11.70% | ||||||
Description | Market Value | % of Net Assets | ||
Berkshire Hathaway, Inc. Class B | 3,906,129,039 | 14.5% | ||
JPMorgan Chase & Co. | 2,483,914,840 | 9.2 | ||
Bank of America Corp. | 1,711,196,145 | 6.3 | ||
Wells Fargo & Co. | 1,236,532,569 | 4.6 | ||
Charles Schwab Corp. | 889,505,883 | 3.3 | ||
TOTAL | 10,227,278,476 | 37.9% |
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 | – 3.47% | – 3.38% | – 3.37% | – 15.47% | – 3.47% | – 3.38% | – 3.37% | – 15.47% | ||||||
FIVE YEARS | 61.16% | 61.31% | 62.25% | 55.55% | 10.01% | 10.04% | 10.16% | 9.24% | ||||||
TEN YEARS | 255.21% | 255.62% | 260.63% | 202.44% | 13.51% | 13.53% | 13.69% | 11.70% | ||||||
Description | Market Value | % of Net Assets | ||
UnitedHealth Group, Inc. | 3,710,878,873 | 10.4% | ||
Johnson & Johnson | 3,373,879,307 | 9.4 | ||
Eli Lilly & Co. | 2,003,166,831 | 5.6 | ||
Pfizer, Inc. | 1,929,242,832 | 5.4 | ||
AbbVie, Inc. | 1,864,038,529 | 5.2 | ||
TOTAL | 12,881,206,372 | 36.0% |
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 | – 13.95% | – 13.84% | – 13.87% | – 15.47% | – 13.95% | – 13.84% | – 13.87% | – 15.47% | ||||||
FIVE YEARS | 27.53% | 27.66% | 28.51% | 55.55% | 4.98% | 5.01% | 5.14% | 9.24% | ||||||
TEN YEARS | 174.67% | 174.98% | 179.02% | 202.44% | 10.63% | 10.64% | 10.81% | 11.70% | ||||||
Description | Market Value | % of Net Assets | ||
Union Pacific Corp. | 568,364,946 | 5.1% | ||
Raytheon Technologies Corp. | 564,644,903 | 5.1 | ||
United Parcel Service, Inc. Class B | 552,290,398 | 5.0 | ||
Honeywell International, Inc. | 525,493,160 | 4.7 | ||
Deere & Co. | 433,841,307 | 3.9 | ||
TOTAL | 2,644,634,714 | 23.8% |
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 | – 12.23% | – 12.14% | – 12.15% | – 15.47% | – 12.23% | – 12.14% | – 12.15% | – 15.47% | ||||||
FIVE YEARS | 32.35% | 32.51% | 32.82% | 55.55% | 5.77% | 5.79% | 5.84% | 9.24% | ||||||
TEN YEARS | 127.29% | 127.62% | 129.74% | 202.44% | 8.56% | 8.57% | 8.67% | 11.70% | ||||||
Description | Market Value | % of Net Assets | ||
Linde PLC | 833,406,752 | 17.7% | ||
Air Products & Chemicals, Inc. | 320,191,330 | 6.8 | ||
Sherwin-Williams Co. | 299,552,321 | 6.4 | ||
Corteva, Inc. | 254,745,211 | 5.4 | ||
Freeport-McMoRan, Inc. | 242,426,338 | 5.2 | ||
TOTAL | 1,950,321,952 | 41.5% |
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 | – 16.46% | – 16.42% | – 16.37% | – 15.47% | – 16.46% | – 16.42% | – 16.37% | – 15.47% | ||||||
FIVE YEARS | 31.79% | 31.88% | 32.62% | 55.55% | 5.68% | 5.69% | 5.81% | 9.24% | ||||||
SINCE INCEPTION (1) | 52.57% | 52.66% | 54.01% | 104.75% | 6.23% | 6.24% | 6.38% | 10.81% | ||||||
(1) | For the period October 7, 2015 to September 30, 2021. |
Description | Market Value | % of Net Assets | ||
American Tower Corp. REIT | 542,577,602 | 11.8% | ||
Prologis, Inc. REIT | 408,294,942 | 8.8 | ||
Crown Castle, Inc. REIT | 339,755,668 | 7.4 | ||
Equinix, Inc. REIT | 281,207,192 | 6.1 | ||
Public Storage REIT | 251,159,242 | 5.4 | ||
TOTAL | 1,822,994,646 | 39.5% |
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 | – 19.82% | – 19.77% | – 19.73% | – 15.47% | – 19.82% | – 19.77% | – 19.73% | – 15.47% | ||||||
FIVE YEARS | 112.63% | 112.74% | – 114.43% | 55.55% | 16.29% | 16.30% | 16.48% | 9.24% | ||||||
TEN YEARS | 346.79% | 347.01% | 354.78% | 202.54% | 16.15% | 16.15% | 16.35% | 11.70% | ||||||
Description | Market Value | % of Net Assets | ||
Apple, Inc. | 8,308,046,125 | 23.3% | ||
Microsoft Corp. | 8,099,263,092 | 22.7 | ||
NVIDIA Corp. | 1,417,350,975 | 4.0 | ||
Visa, Inc. Class A | 1,354,390,809 | 3.8 | ||
Mastercard, Inc. Class A | 1,131,256,642 | 3.2 | ||
TOTAL | 20,310,307,643 | 57.0% |
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 | 5.46% | 5.60% | 5.58% | – 15.47% | 5.46% | 5.60% | 5.58% | – 15.47% | ||||||
FIVE YEARS | 44.89% | 44.05% | 45.75% | 55.55% | 7.70% | 7.72% | 7.83% | 9.24% | ||||||
TEN YEARS | 152.13% | 152.42% | 156.22% | 202.44% | 9.69% | 9.70% | 9.87% | 11.70% | ||||||
Description | Market Value | % of Net Assets | ||
NextEra Energy, Inc. | 2,624,605,306 | 16.3% | ||
Southern Co. | 1,231,461,300 | 7.6 | ||
Duke Energy Corp. | 1,220,194,222 | 7.6 | ||
Dominion Energy, Inc. | 980,181,878 | 6.1 | ||
Sempra Energy | 802,888,666 | 5.0 | ||
TOTAL | 6,859,331,372 | 42.6% |
Description | Level
1 – Quoted Prices |
Level
2 – Other Significant Observable Inputs |
Level
3 – Significant Unobservable Inputs |
Total | ||||
ASSETS: | ||||||||
INVESTMENTS: | ||||||||
Common Stocks
|
$7,571,612,364 | $— | $— | $7,571,612,364 | ||||
Short-Term Investments
|
57,921,736 | — | — | 57,921,736 | ||||
TOTAL INVESTMENTS
|
$7,629,534,100 | $— | $— | $7,629,534,100 |
Number
of Shares Held at 9/30/21 |
Value
at 9/30/21 |
Cost
of Purchases |
Proceeds
from Shares Sold |
Realized
Gain (Loss) |
Change
in Unrealized Appreciation/ Depreciation |
Number
of Shares Held at 9/30/22 |
Value
at 9/30/22 |
Dividend
Income | |||||||||
State Street Institutional Liquid Reserves Fund,
Premier Class
|
3,600,221 | $ 3,600,941 | $ 183,394,089 | $ 181,067,106 | $438 | $975 | 5,928,151 | $ 5,929,337 | $ 92,653 | ||||||||
State Street Navigator Securities Lending
Portfolio II
|
76,583,434 | 76,583,434 | 1,349,498,553 | 1,374,089,588 | — | — | 51,992,399 | 51,992,399 | 252,418 | ||||||||
Total
|
$80,184,375 | $1,532,892,642 | $1,555,156,694 | $438 | $975 | $57,921,736 | $345,071 |
Description | Level
1 – Quoted Prices |
Level
2 – Other Significant Observable Inputs |
Level
3 – Significant Unobservable Inputs |
Total | ||||
ASSETS: | ||||||||
INVESTMENTS: | ||||||||
Common Stocks
|
$14,080,678,105 | $— | $— | $14,080,678,105 | ||||
Short-Term Investments
|
132,979,444 | — | — | 132,979,444 | ||||
TOTAL INVESTMENTS
|
$14,213,657,549 | $— | $— | $14,213,657,549 |
Number
of Shares Held at 9/30/21 |
Value
at 9/30/21 |
Cost
of Purchases |
Proceeds
from Shares Sold |
Realized
Gain (Loss) |
Change
in Unrealized Appreciation/ Depreciation |
Number
of Shares Held at 9/30/22 |
Value
at 9/30/22 |
Dividend
Income | |||||||||
State Street Institutional Liquid Reserves Fund,
Premier Class
|
5,827,718 | $ 5,828,883 | $ 203,085,891 | $ 191,616,109 | $(1,359) | $2,371 | 17,296,217 | $ 17,299,677 | $138,429 | ||||||||
State Street Navigator Securities Lending
Portfolio II
|
88,081,524 | 88,081,524 | 1,685,126,436 | 1,657,528,193 | — | — | 115,679,767 | 115,679,767 | 178,845 | ||||||||
Total
|
$93,910,407 | $1,888,212,327 | $1,849,144,302 | $(1,359) | $2,371 | $132,979,444 | $317,274 |
Description | Level
1 – Quoted Prices |
Level
2 – Other Significant Observable Inputs |
Level
3 – Significant Unobservable Inputs |
Total | ||||
ASSETS: | ||||||||
INVESTMENTS: | ||||||||
Common Stocks
|
$14,407,342,463 | $— | $— | $14,407,342,463 | ||||
Short-Term Investments
|
40,827,202 | — | — | 40,827,202 | ||||
TOTAL INVESTMENTS
|
$14,448,169,665 | $— | $— | $14,448,169,665 |
Number
of Shares Held at 9/30/21 |
Value
at 9/30/21 |
Cost
of Purchases |
Proceeds
from Shares Sold |
Realized
Gain (Loss) |
Change
in Unrealized Appreciation/ Depreciation |
Number
of Shares Held at 9/30/22 |
Value
at 9/30/22 |
Dividend
Income | |||||||||
State Street Institutional Liquid Reserves Fund,
Premier Class
|
15,187,963 | $15,191,001 | $ 611,594,894 | $ 610,653,175 | $663 | $507 | 16,130,664 | $16,133,890 | $206,665 | ||||||||
State Street Navigator Securities Lending
Portfolio II
|
3,227,202 | 3,227,202 | 739,892,856 | 718,426,746 | — | — | 24,693,312 | 24,693,312 | 29,648 | ||||||||
Total
|
$18,418,203 | $1,351,487,750 | $1,329,079,921 | $663 | $507 | $40,827,202 | $236,313 |
Description | Number
of Contracts |
Expiration
Date |
Notional
Amount |
Value | Unrealized
Appreciation (Depreciation) | |||||
E-mini S&P 500 Energy Select Sector (long) | 1,000 | 12/16/2022 | $83,720,250 | $75,350,000 | $(8,370,250) |
Description | Level
1 – Quoted Prices |
Level
2 – Other Significant Observable Inputs |
Level
3 – Significant Unobservable Inputs |
Total | ||||
ASSETS: | ||||||||
INVESTMENTS: | ||||||||
Common Stocks
|
$33,470,574,708 | $— | $— | $33,470,574,708 | ||||
Short-Term Investments
|
129,435,260 | — | — | 129,435,260 | ||||
TOTAL INVESTMENTS
|
$33,600,009,968 | $— | $— | $33,600,009,968 |
Description | Level
1 – Quoted Prices |
Level
2 – Other Significant Observable Inputs |
Level
3 – Significant Unobservable Inputs |
Total | ||||
LIABILITIES: | ||||||||
OTHER FINANCIAL INSTRUMENTS: | ||||||||
Futures Contracts(a)
|
$ (8,370,250) | $— | $— | $ (8,370,250) | ||||
TOTAL OTHER FINANCIAL INSTRUMENTS:
|
$ (8,370,250) | $— | $— | $ (8,370,250) |
(a) | Futures Contracts are valued at unrealized appreciation (depreciation). |
Number
of Shares Held at 9/30/21 |
Value
at 9/30/21 |
Cost
of Purchases |
Proceeds
from Shares Sold |
Realized
Gain (Loss) |
Change
in Unrealized Appreciation/ Depreciation |
Number
of Shares Held at 9/30/22 |
Value
at 9/30/22 |
Dividend
Income | |||||||||
State Street Institutional Liquid Reserves Fund,
Premier Class
|
25,520,972 | $ 25,526,076 | $2,158,421,959 | $2,086,578,986 | $(2,262) | $2,955 | 97,350,272 | $ 97,369,742 | $688,423 | ||||||||
State Street Navigator Securities Lending
Portfolio II
|
204,202,820 | 204,202,820 | 2,500,809,257 | 2,672,946,559 | — | — | 32,065,518 | 32,065,518 | 131,925 | ||||||||
Total
|
$229,728,896 | $4,659,231,216 | $4,759,525,545 | $(2,262) | $2,955 | $129,435,260 | $820,348 |
Description | Level
1 – Quoted Prices |
Level
2 – Other Significant Observable Inputs |
Level
3 – Significant Unobservable Inputs |
Total | ||||
ASSETS: | ||||||||
INVESTMENTS: | ||||||||
Common Stocks
|
$26,872,557,827 | $— | $— | $26,872,557,827 | ||||
Short-Term Investments
|
185,292,257 | — | — | 185,292,257 | ||||
TOTAL INVESTMENTS
|
$27,057,850,084 | $— | $— | $27,057,850,084 |
Number
of Shares Held at 9/30/21 |
Value
at 9/30/21 |
Cost
of Purchases |
Proceeds
from Shares Sold |
Realized
Gain (Loss) |
Change
in Unrealized Appreciation/ Depreciation |
Number
of Shares Held at 9/30/22 |
Value
at 9/30/22 |
Dividend
Income | |||||||||
State Street Corp.
|
3,542,553 | $300,125,090 | $ 296,718,146 | $ 323,704,447 | $(10,423,776) | $(81,528,274) | 2,979,555 | $181,186,739 | $8,070,799 | ||||||||
State Street Institutional Liquid Reserves Fund,
Premier Class
|
43,504,448 | 43,513,149 | 1,266,410,020 | 1,247,432,294 | (10,657) | 6,391 | 62,474,114 | 62,486,609 | 374,906 | ||||||||
State Street Navigator Securities Lending
Portfolio II
|
3,282,379 | 3,282,379 | 1,631,237,877 | 1,511,714,608 | — | — | 122,805,648 | 122,805,648 | 100,662 | ||||||||
Total
|
$346,920,618 | $3,194,366,043 | $3,082,851,349 | $(10,434,433) | $(81,521,883) | $366,478,996 | $8,546,367 |
Description | Level
1 – Quoted Prices |
Level
2 – Other Significant Observable Inputs |
Level
3 – Significant Unobservable Inputs |
Total | ||||
ASSETS: | ||||||||
INVESTMENTS: | ||||||||
Common Stocks
|
$35,740,970,494 | $— | $— | $35,740,970,494 | ||||
Short-Term Investments
|
199,532,287 | — | — | 199,532,287 | ||||
TOTAL INVESTMENTS
|
$35,940,502,781 | $— | $— | $35,940,502,781 |
Number
of Shares Held at 9/30/21 |
Value
at 9/30/21 |
Cost
of Purchases |
Proceeds
from Shares Sold |
Realized
Gain (Loss) |
Change
in Unrealized Appreciation/ Depreciation |
Number
of Shares Held at 9/30/22 |
Value
at 9/30/22 |
Dividend
Income | |||||||||
State Street Institutional Liquid Reserves Fund,
Premier Class
|
28,313,341 | $28,319,003 | $ 827,879,316 | $ 815,266,128 | $(294) | $2,292 | 40,926,004 | $ 40,934,189 | $491,424 | ||||||||
State Street Navigator Securities Lending
Portfolio II
|
27,800 | 27,800 | 2,221,465,429 | 2,062,895,131 | — | — | 158,598,098 | 158,598,098 | 104,247 | ||||||||
Total
|
$28,346,803 | $3,049,344,745 | $2,878,161,259 | $(294) | $2,292 | $199,532,287 | $595,671 |
Description | Number
of Contracts |
Expiration
Date |
Notional
Amount |
Value | Unrealized
Appreciation (Depreciation) | |||||
E-mini S&P 500 Industrial Select Sector Index (long) | 243 | 12/16/2022 | $23,493,240 | $20,353,680 | $(3,139,560) |
Description | Level
1 – Quoted Prices |
Level
2 – Other Significant Observable Inputs |
Level
3 – Significant Unobservable Inputs |
Total | ||||
ASSETS: | ||||||||
INVESTMENTS: | ||||||||
Common Stocks
|
$11,081,294,862 | $— | $— | $11,081,294,862 | ||||
Short-Term Investments
|
125,079,735 | — | — | 125,079,735 | ||||
TOTAL INVESTMENTS
|
$11,206,374,597 | $— | $— | $11,206,374,597 | ||||
LIABILITIES: | ||||||||
OTHER FINANCIAL INSTRUMENTS: | ||||||||
Futures Contracts(a)
|
(3,139,560) | — | — | (3,139,560) | ||||
TOTAL OTHER FINANCIAL INSTRUMENTS:
|
$ (3,139,560) | $— | $— | $ (3,139,560) |
(a) | Futures Contracts are valued at unrealized appreciation (depreciation). |
Number
of Shares Held at 9/30/21 |
Value
at 9/30/21 |
Cost
of Purchases |
Proceeds
from Shares Sold |
Realized
Gain (Loss) |
Change
in Unrealized Appreciation/ Depreciation |
Number
of Shares Held at 9/30/22 |
Value
at 9/30/22 |
Dividend
Income | |||||||||
State Street Institutional Liquid Reserves Fund,
Premier Class
|
54,880,923 | $54,891,899 | $ 361,086,759 | $ 398,441,789 | $579 | $2,891 | 17,536,831 | $ 17,540,339 | $181,417 | ||||||||
State Street Navigator Securities Lending
Portfolio II
|
11,459,054 | 11,459,054 | 2,431,524,085 | 2,335,443,743 | — | — | 107,539,397 | 107,539,396 | 190,741 | ||||||||
Total
|
$66,350,953 | $2,792,610,844 | $2,733,885,532 | $579 | $2,891 | $125,079,735 | $372,158 |
Description | Number
of Contracts |
Expiration
Date |
Notional
Amount |
Value | Unrealized
Appreciation (Depreciation) | |||||
E-mini S&P 500 Materials Select Sector (long) | 75 | 12/16/2022 | $6,203,494 | $5,424,750 | $(778,744) |
Description | Level
1 – Quoted Prices |
Level
2 – Other Significant Observable Inputs |
Level
3 – Significant Unobservable Inputs |
Total | ||||
ASSETS: | ||||||||
INVESTMENTS: | ||||||||
Common Stocks
|
$4,692,545,451 | $— | $— | $4,692,545,451 | ||||
Short-Term Investment
|
3,341,060 | — | — | 3,341,060 | ||||
TOTAL INVESTMENTS
|
$4,695,886,511 | $— | $— | $4,695,886,511 |
Description | Level
1 – Quoted Prices |
Level
2 – Other Significant Observable Inputs |
Level
3 – Significant Unobservable Inputs |
Total | ||||
LIABILITIES: | ||||||||
OTHER FINANCIAL INSTRUMENTS: | ||||||||
Futures Contracts(a)
|
$ (778,744) | $— | $— | $ (778,744) | ||||
TOTAL OTHER FINANCIAL INSTRUMENTS:
|
$ (778,744) | $— | $— | $ (778,744) |
(a) | Futures Contracts are valued at unrealized appreciation (depreciation). |
Number
of Shares Held at 9/30/21 |
Value
at 9/30/21 |
Cost
of Purchases |
Proceeds
from Shares Sold |
Realized
Gain (Loss) |
Change
in Unrealized Appreciation/ Depreciation |
Number
of Shares Held at 9/30/22 |
Value
at 9/30/22 |
Dividend
Income | |||||||||
State Street Institutional Liquid Reserves Fund,
Premier Class
|
8,680,014 | $8,681,750 | $230,420,186 | $235,763,215 | $2,053 | $286 | 3,340,391 | $3,341,060 | $46,386 | ||||||||
State Street Navigator Securities Lending
Portfolio II
|
— | — | 390,260,331 | 390,260,331 | — | — | — | — | 14,930 | ||||||||
Total
|
$8,681,750 | $620,680,517 | $626,023,546 | $2,053 | $286 | $3,341,060 | $61,316 |
Description | Number
of Contracts |
Expiration
Date |
Notional
Amount |
Value | Unrealized
Appreciation (Depreciation) | |||||
E-mini S&P 500 Real Estate Select Sector Index (long) | 485 | 12/16/2022 | $24,457,438 | $21,467,313 | $(2,990,125) |
Description | Level
1 – Quoted Prices |
Level
2 – Other Significant Observable Inputs |
Level
3 – Significant Unobservable Inputs |
Total | ||||
ASSETS: | ||||||||
INVESTMENTS: | ||||||||
Common Stocks
|
$4,585,160,854 | $— | $— | $4,585,160,854 | ||||
Short-Term Investment
|
14,200,238 | — | — | 14,200,238 | ||||
TOTAL INVESTMENTS
|
$4,599,361,092 | $— | $— | $4,599,361,092 |
Description | Level
1 – Quoted Prices |
Level
2 – Other Significant Observable Inputs |
Level
3 – Significant Unobservable Inputs |
Total | ||||
LIABILITIES: | ||||||||
OTHER FINANCIAL INSTRUMENTS: | ||||||||
Futures Contracts(a)
|
$ (2,990,125) | $— | $— | $ (2,990,125) | ||||
TOTAL OTHER FINANCIAL INSTRUMENTS:
|
$ (2,990,125) | $— | $— | $ (2,990,125) |
(a) | Futures Contracts are valued at unrealized appreciation (depreciation). |
Number
of Shares Held at 9/30/21 |
Value
at 9/30/21 |
Cost
of Purchases |
Proceeds
from Shares Sold |
Realized
Gain (Loss) |
Change
in Unrealized Appreciation/ Depreciation |
Number
of Shares Held at 9/30/22 |
Value
at 9/30/22 |
Dividend
Income | |||||||||
State Street Institutional Liquid Reserves Fund,
Premier Class
|
4,783,509 | $ 4,784,465 | $283,442,794 | $274,026,034 | $(987) | $— | 14,197,398 | $14,200,238 | $25,533 | ||||||||
State Street Navigator Securities Lending
Portfolio II
|
11,462,368 | 11,462,368 | 90,070,434 | 101,532,802 | — | — | — | — | 9,805 | ||||||||
Total
|
$16,246,833 | $373,513,228 | $375,558,836 | $(987) | $— | $14,200,238 | $35,338 |
Description | Number
of Contracts |
Expiration
Date |
Notional
Amount |
Value | Unrealized
Appreciation (Depreciation) | |||||
E-mini S&P 500 Technology Select Sector Index (long) | 474 | 12/16/2022 | $65,839,728 | $57,045,900 | $(8,793,828) |
Description | Level
1 – Quoted Prices |
Level
2 – Other Significant Observable Inputs |
Level
3 – Significant Unobservable Inputs |
Total | ||||
ASSETS: | ||||||||
INVESTMENTS: | ||||||||
Common Stocks
|
$35,589,846,017 | $60,376,888 | $— | $35,650,222,905 | ||||
Short-Term Investments
|
155,495,258 | — | — | 155,495,258 | ||||
TOTAL INVESTMENTS
|
$35,745,341,275 | $60,376,888 | $— | $35,805,718,163 | ||||
LIABILITIES: | ||||||||
OTHER FINANCIAL INSTRUMENTS: | ||||||||
Futures Contracts(a)
|
(8,793,828) | — | — | (8,793,828) | ||||
TOTAL OTHER FINANCIAL INSTRUMENTS:
|
$ (8,793,828) | $ — | $— | $ (8,793,828) |
(a) | Futures Contracts are valued at unrealized appreciation (depreciation). |
Number
of Shares Held at 9/30/21 |
Value
at 9/30/21 |
Cost
of Purchases |
Proceeds
from Shares Sold |
Realized
Gain (Loss) |
Change
in Unrealized Appreciation/ Depreciation |
Number
of Shares Held at 9/30/22 |
Value
at 9/30/22 |
Dividend
Income | |||||||||
State Street Institutional Liquid Reserves Fund,
Premier Class
|
77,796,250 | $77,811,810 | $ 783,436,407 | $ 800,419,946 | $7,814 | $(882) | 60,823,039 | $ 60,835,203 | $648,317 | ||||||||
State Street Navigator Securities Lending
Portfolio II
|
102,000 | 102,000 | 3,082,342,115 | 2,987,784,060 | — | — | 94,660,055 | 94,660,055 | 174,931 | ||||||||
Total
|
$77,913,810 | $3,865,778,522 | $3,788,204,006 | $7,814 | $(882) | $155,495,258 | $823,248 |
Description | Level
1 – Quoted Prices |
Level
2 – Other Significant Observable Inputs |
Level
3 – Significant Unobservable Inputs |
Total | ||||
ASSETS: | ||||||||
INVESTMENTS: | ||||||||
Common Stocks
|
$16,099,362,658 | $— | $— | $16,099,362,658 | ||||
Short-Term Investments
|
119,924,270 | — | — | 119,924,270 | ||||
TOTAL INVESTMENTS
|
$16,219,286,928 | $— | $— | $16,219,286,928 |
Number
of Shares Held at 9/30/21 |
Value
at 9/30/21 |
Cost
of Purchases |
Proceeds
from Shares Sold |
Realized
Gain (Loss) |
Change
in Unrealized Appreciation/ Depreciation |
Number
of Shares Held at 9/30/22 |
Value
at 9/30/22 |
Dividend
Income | |||||||||
State Street Institutional Liquid Reserves Fund,
Premier Class
|
21,505,066 | $21,509,367 | $ 608,173,673 | $ 602,377,569 | $(2,183) | $(53) | 27,297,775 | $ 27,303,235 | $225,569 | ||||||||
State Street Navigator Securities Lending
Portfolio II
|
2,602,779 | 2,602,779 | 1,970,937,992 | 1,880,919,736 | — | — | 92,621,035 | 92,621,035 | 90,610 | ||||||||
Total
|
$24,112,146 | $2,579,111,665 | $2,483,297,305 | $(2,183) | $(53) | $119,924,270 | $316,179 |
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*
|
$ 7,571,612,364 | $14,080,678,105 | $14,407,342,463 | ||
Investments in affiliated issuers, at value
|
57,921,736 | 132,979,444 | 40,827,202 | ||
Total Investments
|
7,629,534,100 | 14,213,657,549 | 14,448,169,665 | ||
Foreign currency, at value
|
— | — | — | ||
Net cash at broker
|
— | — | — | ||
Cash
|
— | — | — | ||
Receivable for investments sold
|
150,808,912 | — | — | ||
Receivable for income related to Select Sector
SPDR shares in-kind transactions
|
858 | — | — | ||
Dividends receivable — unaffiliated issuers
|
3,077,673 | 3,489,163 | 45,172,986 | ||
Dividends receivable — affiliated issuers
|
31,070 | 49,912 | 69,401 | ||
Securities lending income receivable —
unaffiliated issuers
|
— | 17,720 | — | ||
Securities lending income receivable — affiliated
issuers
|
17,779 | 23,870 | 843 | ||
Prepaid expenses and other assets
|
22,106 | 35,248 | 46,221 | ||
TOTAL ASSETS
|
7,783,492,498 | 14,217,273,462 | 14,493,459,116 | ||
LIABILITIES | |||||
Due to custodian
|
— | 3,327 | 67,557 | ||
Payable upon return of securities loaned
|
51,992,399 | 115,679,767 | 24,693,312 | ||
Payable for investments purchased
|
151,682,085 | — | — | ||
Payable for income related to Select Sector SPDR
shares in-kind transactions
|
— | 72,503 | 18,783 | ||
Payable to broker – accumulated variation margin
on open futures contracts
|
— | — | — | ||
Advisory and Administration fees payable
|
223,302 | 398,375 | 395,681 | ||
Custodian fees payable
|
38,067 | 89,412 | 77,465 | ||
Distribution fees payable
|
286,643 | 492,868 | 424,828 | ||
Unitary fees payable
|
198,396 | 291,506 | 346,307 | ||
Trustees’ fees and expenses payable
|
44 | 19 | 67 | ||
License fee payable
|
710,886 | 1,168,549 | 1,175,685 | ||
Registration and filing fees payable
|
37,480 | 59,577 | 36,430 | ||
Professional fees payable
|
56,673 | 73,340 | 58,411 | ||
Printing and postage fees payable
|
207,498 | 302,469 | 199,756 | ||
Accrued expenses and other liabilities
|
9,090 | 2,829 | 6,760 | ||
TOTAL LIABILITIES
|
205,442,563 | 118,634,541 | 27,501,042 | ||
NET ASSETS
|
$ 7,578,049,935 | $14,098,638,921 | $14,465,958,074 | ||
NET ASSETS CONSIST OF: | |||||
Paid-in Capital
|
$12,877,413,446 | $20,299,491,170 | $18,264,601,050 | ||
Total distributable earnings (loss)
|
(5,299,363,511) | (6,200,852,249) | (3,798,642,976) | ||
NET ASSETS
|
$ 7,578,049,935 | $14,098,638,921 | $14,465,958,074 | ||
NET ASSET VALUE PER SHARE | |||||
Net asset value per share
|
$ 47.89 | $ 142.48 | $ 66.72 | ||
Shares outstanding (unlimited amount authorized,
$0.01 par value)
|
158,250,000 | 98,953,252 | 216,821,809 | ||
COST OF INVESTMENTS: | |||||
Investments in unaffiliated issuers
|
$11,756,270,028 | $17,778,929,785 | $16,983,902,439 | ||
Investments in affiliated issuers
|
57,920,761 | 132,977,073 | 40,826,695 | ||
Total cost of investments
|
$11,814,190,789 | $17,911,906,858 | $17,024,729,134 | ||
Foreign currency, at cost
|
$ — | $ — | $ — | ||
* Includes investments in securities on loan, at
value
|
$ 59,778,853 | $ 194,888,318 | $ 24,240,601 |
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 | ||||||
$33,470,574,708 | $26,691,371,088 | $35,740,970,494 | $11,081,294,862 | $ 4,692,545,451 | $ 4,585,160,854 | $35,650,222,905 | ||||||
129,435,260 | 366,478,996 | 199,532,287 | 125,079,735 | 3,341,060 | 14,200,238 | 155,495,258 | ||||||
33,600,009,968 | 27,057,850,084 | 35,940,502,781 | 11,206,374,597 | 4,695,886,511 | 4,599,361,092 | 35,805,718,163 | ||||||
— | 1,542 | — | — | — | — | — | ||||||
18,184,818 | — | — | 4,089,661 | 1,104,995 | 5,039,205 | 12,451,933 | ||||||
40,581 | — | — | 40,900 | 446 | 134 | 971 | ||||||
294,403,717 | — | — | — | — | — | — | ||||||
— | — | — | 8,541 | 8,476 | 16,650 | — | ||||||
30,905,619 | 24,274,102 | 29,457,448 | 7,193,212 | 7,216,613 | 11,615,922 | 8,209,914 | ||||||
251,031 | 136,597 | 179,197 | 57,959 | 15,627 | 10,325 | 157,069 | ||||||
— | — | — | — | 7,139 | 1,730 | 44,312 | ||||||
11,695 | 18,149 | 20,035 | 21,213 | 338 | — | — | ||||||
97,413 | 72,299 | 107,346 | 29,879 | 15,133 | 15,726 | 101,284 | ||||||
33,943,904,842 | 27,082,352,773 | 35,970,266,807 | 11,217,815,962 | 4,704,255,278 | 4,616,060,784 | 35,826,683,646 | ||||||
— | 4,055 | 274 | — | — | — | — | ||||||
32,065,518 | 122,805,648 | 158,598,098 | 107,539,396 | — | — | 94,660,055 | ||||||
366,267,169 | — | — | — | — | — | 59,856,996 | ||||||
7,533 | 244,077 | 16,248 | — | — | — | 20,303 | ||||||
8,367,000 | — | — | 3,139,560 | 778,500 | 2,990,125 | 8,792,700 | ||||||
908,607 | 788,211 | 960,886 | 319,242 | 133,185 | 128,662 | 997,684 | ||||||
135,016 | 175,187 | 160,469 | 73,516 | 12,277 | 11,418 | 169,018 | ||||||
969,584 | 1,041,324 | 1,016,897 | 398,350 | 175,128 | 148,476 | 1,181,115 | ||||||
880,595 | 732,963 | 937,832 | 269,843 | 116,841 | 106,092 | 975,995 | ||||||
1,220 | 111 | 34 | 4 | 14 | 41 | 84 | ||||||
2,630,586 | 2,299,602 | 2,899,480 | 965,714 | 429,977 | 395,647 | 3,088,264 | ||||||
81,486 | 123,001 | 91,442 | 47,370 | 21,568 | 12,842 | 130,657 | ||||||
83,559 | 108,875 | 88,052 | 62,515 | 48,948 | 45,372 | 110,540 | ||||||
285,331 | 96,272 | 426,240 | 279,008 | 109,347 | 44,749 | 167,575 | ||||||
29,946 | — | 3,814 | 1,716 | 2,548 | 4,138 | 2,013 | ||||||
412,713,150 | 128,419,326 | 165,199,766 | 113,096,234 | 1,828,333 | 3,887,562 | 170,152,999 | ||||||
$33,531,191,692 | $26,953,933,447 | $35,805,067,041 | $11,104,719,728 | $ 4,702,426,945 | $ 4,612,173,222 | $35,656,530,647 | ||||||
$41,015,487,900 | $36,653,701,816 | $40,900,468,918 | $16,124,925,716 | $ 7,282,246,508 | $ 6,218,331,598 | $43,371,429,675 | ||||||
(7,484,296,208) | (9,699,768,369) | (5,095,401,877) | (5,020,205,988) | (2,579,819,563) | (1,606,158,376) | (7,714,899,028) | ||||||
$33,531,191,692 | $26,953,933,447 | $35,805,067,041 | $11,104,719,728 | $ 4,702,426,945 | $ 4,612,173,222 | $35,656,530,647 | ||||||
$ 71.98 | $ 30.31 | $ 121.02 | $ 82.79 | $ 67.98 | $ 36.00 | $ 118.73 | ||||||
465,824,200 | 889,145,427 | 295,865,324 | 134,126,000 | 69,173,725 | 128,100,000 | 300,305,897 | ||||||
$33,236,445,310 | $35,159,325,096 | $39,779,734,899 | $15,387,297,492 | $ 6,342,967,547 | $ 6,001,947,254 | $41,373,579,421 | ||||||
129,432,305 | 475,362,880 | 199,527,110 | 125,076,844 | 3,340,774 | 14,200,238 | 155,478,815 | ||||||
$33,365,877,615 | $35,634,687,976 | $39,979,262,009 | $15,512,374,336 | $ 6,346,308,321 | $ 6,016,147,492 | $41,529,058,236 | ||||||
$ — | $ 1,542 | $ — | $ — | $ — | $ — | $ — | ||||||
$ 49,641,479 | $ 121,823,457 | $ 177,843,167 | $ 128,835,712 | $ 367,232 | $ — | $ 210,639,808 |
The Utilities Select Sector SPDR Fund | |
ASSETS | |
Investments in unaffiliated issuers, at
value*
|
$16,099,362,658 |
Investments in affiliated issuers, at value
|
119,924,270 |
Total Investments
|
16,219,286,928 |
Receivable for investments sold
|
313,992,908 |
Receivable for income related to Select Sector
SPDR shares in-kind transactions
|
69,661 |
Dividends receivable — unaffiliated issuers
|
20,871,411 |
Dividends receivable — affiliated issuers
|
53,283 |
Securities lending income receivable —
unaffiliated issuers
|
11,014 |
Prepaid expenses and other assets
|
45,132 |
TOTAL ASSETS
|
16,554,330,337 |
LIABILITIES | |
Due to custodian
|
672 |
Payable upon return of securities loaned
|
92,621,035 |
Payable for investments purchased
|
339,736,684 |
Advisory and Administration fees payable
|
449,818 |
Custodian fees payable
|
72,817 |
Distribution fees payable
|
443,777 |
Unitary fees payable
|
381,950 |
Trustees’ fees and expenses payable
|
208 |
License fee payable
|
1,278,790 |
Registration and filing fees payable
|
35,431 |
Professional fees payable
|
56,627 |
Printing and postage fees payable
|
194,385 |
Accrued expenses and other liabilities
|
5,396 |
TOTAL LIABILITIES
|
435,277,590 |
NET ASSETS
|
$16,119,052,747 |
NET ASSETS CONSIST OF: | |
Paid-in Capital
|
$18,935,392,582 |
Total distributable earnings (loss)
|
(2,816,339,835) |
NET ASSETS
|
$16,119,052,747 |
NET ASSET VALUE PER SHARE | |
Net asset value per share
|
$ 65.46 |
Shares outstanding (unlimited amount authorized,
$0.01 par value)
|
246,224,160 |
COST OF INVESTMENTS: | |
Investments in unaffiliated issuers
|
$18,006,761,102 |
Investments in affiliated issuers
|
119,920,743 |
Total cost of investments
|
$18,126,681,845 |
* Includes investments in securities on loan, at
value
|
$ 95,823,575 |
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
|
$ 113,920,230 | $ 150,456,212 | $ 379,099,877 | ||
Dividend income — affiliated issuers
|
92,653 | 138,429 | 206,665 | ||
Unaffiliated securities lending income
|
47,041 | 197,485 | 7,999 | ||
Affiliated securities lending income
|
252,418 | 178,845 | 29,648 | ||
Foreign taxes withheld
|
— | — | — | ||
TOTAL INVESTMENT INCOME (LOSS)
|
114,312,342 | 150,970,971 | 379,344,189 | ||
EXPENSES | |||||
Advisory and Administration fees
|
3,566,909 | 5,742,805 | 4,473,735 | ||
Distribution fees
|
2,742,675 | 4,411,917 | 3,422,580 | ||
License fees
|
3,689,385 | 5,927,824 | 4,529,804 | ||
Custodian fees
|
70,172 | 112,998 | 87,921 | ||
Unitary fees
|
926,654 | 1,473,297 | 1,153,945 | ||
Trustees’ fees and expenses
|
147,915 | 226,616 | 162,173 | ||
Registration and filing fees
|
38,216 | 60,125 | 36,557 | ||
Professional fees
|
72,081 | 100,059 | 71,606 | ||
Printing and postage fees
|
396,314 | 677,580 | 546,771 | ||
Insurance expense
|
33,223 | 44,459 | 18,106 | ||
Miscellaneous expenses
|
212,765 | 377,717 | 262,649 | ||
TOTAL EXPENSES
|
11,896,309 | 19,155,397 | 14,765,847 | ||
NET INVESTMENT INCOME (LOSS)
|
$ 102,416,033 | $ 131,815,574 | $ 364,578,342 | ||
REALIZED AND UNREALIZED GAIN (LOSS) | |||||
Net realized gain (loss) on: | |||||
Investments — unaffiliated issuers
|
(997,553,884) | (1,186,389,835) | (232,053,224) | ||
Investments — affiliated issuers
|
438 | (1,359) | 663 | ||
In-kind redemptions — unaffiliated issuers
|
1,706,260,159 | 2,646,179,518 | 1,076,507,407 | ||
Foreign currency transactions
|
— | — | — | ||
Futures contracts
|
— | — | — | ||
Net realized gain (loss)
|
708,706,713 | 1,459,788,324 | 844,454,846 | ||
Net change in unrealized appreciation/depreciation on: | |||||
Investments — unaffiliated issuers
|
(6,255,707,886) | (5,746,430,837) | (1,725,653,091) | ||
Investments — affiliated issuers
|
975 | 2,371 | 507 | ||
Futures contracts
|
— | — | — | ||
Net change in unrealized
appreciation/depreciation
|
(6,255,706,911) | (5,746,428,466) | (1,725,652,584) | ||
NET REALIZED AND UNREALIZED GAIN (LOSS)
|
(5,547,000,198) | (4,286,640,142) | (881,197,738) | ||
NET INCREASE (DECREASE) IN NET ASSETS FROM
OPERATIONS
|
$(5,444,584,165) | $(4,154,824,568) | $ (516,619,396) |
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 | ||||||
$ 1,428,857,928 | $ 752,020,075 | $ 567,766,875 | $ 252,550,111 | $ 148,961,645 | $ 107,086,126 | $ 414,793,555 | ||||||
688,423 | 8,445,705 | 491,424 | 181,417 | 46,386 | 25,533 | 648,317 | ||||||
— | 78,211 | 47,187 | 4,838 | 75,616 | 5,295 | 347,430 | ||||||
131,925 | 100,662 | 104,247 | 190,741 | 14,930 | 9,805 | 174,931 | ||||||
— | — | — | — | — | — | (562,184) | ||||||
1,429,678,276 | 760,644,653 | 568,409,733 | 252,927,107 | 149,098,577 | 107,126,759 | 415,402,049 | ||||||
10,297,847 | 11,983,348 | 10,951,801 | 4,688,537 | 2,194,112 | 1,635,946 | 13,589,572 | ||||||
7,877,973 | 9,213,610 | 8,378,785 | 3,601,930 | 1,687,563 | 1,254,104 | 10,428,788 | ||||||
10,409,238 | 12,320,346 | 11,128,046 | 4,825,601 | 2,253,989 | 1,665,830 | 13,941,274 | ||||||
202,367 | 235,848 | 215,215 | 92,235 | 43,164 | 32,167 | 267,272 | ||||||
2,654,931 | 3,072,794 | 2,825,347 | 1,204,301 | 563,839 | 422,236 | 3,493,344 | ||||||
359,244 | 476,646 | 396,828 | 192,534 | 89,729 | 58,656 | 520,519 | ||||||
82,933 | 125,183 | 93,016 | 47,579 | 21,797 | 19,240 | 132,316 | ||||||
146,303 | 199,033 | 148,170 | 85,863 | 55,337 | 44,884 | 190,438 | ||||||
1,324,882 | 1,443,124 | 1,349,458 | 550,096 | 278,680 | 230,350 | 1,625,613 | ||||||
60,813 | 93,459 | 62,581 | 45,613 | 22,417 | 6,222 | 96,143 | ||||||
487,625 | 725,894 | 588,039 | 280,089 | 135,104 | 105,896 | 760,597 | ||||||
33,904,156 | 39,889,285 | 36,137,286 | 15,614,378 | 7,345,731 | 5,475,531 | 45,045,876 | ||||||
$ 1,395,774,120 | $ 720,755,368 | $ 532,272,447 | $ 237,312,729 | $ 141,752,846 | $ 101,651,228 | $ 370,356,173 | ||||||
(729,641,789) | (271,244,478) | (120,826,322) | (106,784,645) | (32,854,568) | (88,393,741) | (1,042,064,868) | ||||||
(2,262) | (10,434,433) | (294) | 579 | 2,053 | (987) | 7,814 | ||||||
9,015,100,583 | 3,126,080,025 | 3,277,570,407 | 1,216,934,513 | 423,526,507 | 316,274,334 | 8,496,521,113 | ||||||
— | (4) | — | — | — | — | — | ||||||
14,655,869 | — | — | (1,067,872) | (77,813) | 1,439,301 | (8,644,801) | ||||||
8,300,112,401 | 2,844,401,110 | 3,156,743,791 | 1,109,082,575 | 390,596,179 | 229,318,907 | 7,445,819,258 | ||||||
1,655,441,246 | (10,770,352,548) | (5,562,713,882) | (3,249,343,478) | (1,305,988,349) | (1,380,770,865) | (16,930,090,650) | ||||||
2,955 | (81,521,883) | 2,292 | 2,891 | 286 | — | (882) | ||||||
(10,943,625) | — | — | (840,740) | (778,744) | (2,464,582) | (5,257,173) | ||||||
1,644,500,576 | (10,851,874,431) | (5,562,711,590) | (3,250,181,327) | (1,306,766,807) | (1,383,235,447) | (16,935,348,705) | ||||||
9,944,612,977 | (8,007,473,321) | (2,405,967,799) | (2,141,098,752) | (916,170,628) | (1,153,916,540) | (9,489,529,447) | ||||||
$11,340,387,097 | $ (7,286,717,953) | $(1,873,695,352) | $(1,903,786,023) | $ (774,417,782) | $(1,052,265,312) | $ (9,119,173,274) |
The Utilities Select Sector SPDR Fund | |
INVESTMENT INCOME | |
Dividend income — unaffiliated issuers
|
$ 419,293,835 |
Dividend income — affiliated issuers
|
225,569 |
Affiliated securities lending income
|
90,610 |
TOTAL INVESTMENT INCOME (LOSS)
|
419,610,014 |
EXPENSES | |
Advisory and Administration fees
|
4,476,805 |
Distribution fees
|
3,416,855 |
License fees
|
4,537,050 |
Custodian fees
|
87,939 |
Unitary fees
|
1,156,162 |
Trustees’ fees and expenses
|
158,921 |
Registration and filing fees
|
35,657 |
Professional fees
|
70,518 |
Printing and postage fees
|
527,352 |
Insurance expense
|
21,814 |
Miscellaneous expenses
|
222,517 |
TOTAL EXPENSES
|
14,711,590 |
NET INVESTMENT INCOME (LOSS)
|
$ 404,898,424 |
REALIZED AND UNREALIZED GAIN (LOSS) | |
Net realized gain (loss) on: | |
Investments — unaffiliated issuers
|
(100,836,779) |
Investments — affiliated issuers
|
(2,183) |
In-kind redemptions — unaffiliated issuers
|
776,955,041 |
Net realized gain (loss)
|
676,116,079 |
Net change in unrealized appreciation/depreciation on: | |
Investments — unaffiliated issuers
|
(825,343,372) |
Investments — affiliated issuers
|
(53) |
Net change in unrealized
appreciation/depreciation
|
(825,343,425) |
NET REALIZED AND UNREALIZED GAIN (LOSS)
|
(149,227,346) |
NET INCREASE (DECREASE) IN NET ASSETS FROM
OPERATIONS
|
$ 255,671,078 |
The Communication Services Select Sector SPDR Fund | The Consumer Discretionary Select Sector SPDR Fund | ||||||
Year
Ended 9/30/22 |
Year
Ended 9/30/21 |
Year
Ended 9/30/22 |
Year
Ended 9/30/21 | ||||
INCREASE (DECREASE) IN NET ASSETS FROM OPERATIONS: | |||||||
Net investment income (loss)
|
$ 102,416,033 | $ 95,495,406 | $ 131,815,574 | $ 122,881,343 | |||
Net realized gain (loss)
|
708,706,713 | 2,320,315,595 | 1,459,788,324 | 2,727,630,494 | |||
Net change in unrealized
appreciation/depreciation
|
(6,255,706,911) | 1,196,720,146 | (5,746,428,466) | 894,744,506 | |||
Net increase (decrease) in net assets resulting
from operations
|
(5,444,584,165) | 3,612,531,147 | (4,154,824,568) | 3,745,256,343 | |||
Net equalization credits and charges
|
(4,073,365) | (625,116) | (944,319) | 723,053 | |||
Distributions to shareholders
|
(98,460,012) | (93,350,467) | (129,853,122) | (123,348,978) | |||
FROM BENEFICIAL INTEREST TRANSACTIONS: | |||||||
Proceeds from shares sold
|
10,323,050,378 | 11,124,381,986 | 21,602,723,713 | 16,887,124,159 | |||
Cost of shares redeemed
|
(12,378,013,156) | (9,573,576,943) | (22,853,143,682) | (16,684,493,391) | |||
Net income equalization
|
4,073,365 | 625,116 | 944,319 | (723,053) | |||
Net increase (decrease) in net assets from
beneficial interest transactions
|
(2,050,889,413) | 1,551,430,159 | (1,249,475,650) | 201,907,715 | |||
Net increase (decrease) in net assets during the
period
|
(7,598,006,955) | 5,069,985,723 | (5,535,097,659) | 3,824,538,133 | |||
Net assets at beginning of period
|
15,176,056,890 | 10,106,071,167 | 19,633,736,580 | 15,809,198,447 | |||
NET ASSETS AT END OF PERIOD
|
$ 7,578,049,935 | $15,176,056,890 | $ 14,098,638,921 | $ 19,633,736,580 | |||
SHARES OF BENEFICIAL INTEREST: | |||||||
Shares sold
|
150,200,000 | 150,900,000 | 123,600,000 | 102,250,000 | |||
Shares redeemed
|
(181,300,000) | (131,700,000) | (134,000,000) | (100,450,000) | |||
Net increase (decrease) from share
transactions
|
(31,100,000) | 19,200,000 | (10,400,000) | 1,800,000 |
The Consumer Staples Select Sector SPDR Fund | The Energy Select Sector SPDR Fund | The Financial Select Sector SPDR Fund | ||||||||
Year
Ended 9/30/22 |
Year
Ended 9/30/21 |
Year
Ended 9/30/22 |
Year
Ended 9/30/21 |
Year
Ended 9/30/22 |
Year
Ended 9/30/21 | |||||
$ 364,578,342 | $ 331,657,216 | $ 1,395,774,120 | $ 873,670,481 | $ 720,755,368 | $ 610,422,895 | |||||
844,454,846 | 1,150,724,231 | 8,300,112,401 | 1,029,351,744 | 2,844,401,110 | 5,580,105,015 | |||||
(1,725,652,584) | (380,759,153) | 1,644,500,576 | 7,081,524,329 | (10,851,874,431) | 6,478,241,704 | |||||
(516,619,396) | 1,101,622,294 | 11,340,387,097 | 8,984,546,554 | (7,286,717,953) | 12,668,769,614 | |||||
5,281,761 | (2,100,389) | (30,219,502) | 36,005,143 | (26,262,713) | 15,669,602 | |||||
(366,815,541) | (330,192,564) | (1,446,908,773) | (933,129,989) | (694,964,954) | (620,652,967) | |||||
29,214,101,970 | 19,938,578,383 | 38,323,878,231 | 28,094,738,429 | 49,626,705,184 | 58,491,980,218 | |||||
(25,622,285,154) | (22,639,671,840) | (39,770,503,382) | (19,492,605,558) | (55,103,779,237) | (46,773,810,008) | |||||
(5,281,761) | 2,100,389 | 30,219,502 | (36,005,143) | 26,262,713 | (15,669,602) | |||||
3,586,535,055 | (2,698,993,068) | (1,416,405,649) | 8,566,127,728 | (5,450,811,340) | 11,702,500,608 | |||||
2,708,381,879 | (1,929,663,727) | 8,446,853,173 | 16,653,549,436 | (13,458,756,960) | 23,766,286,857 | |||||
11,757,576,195 | 13,687,239,922 | 25,084,338,519 | 8,430,789,083 | 40,412,690,407 | 16,646,403,550 | |||||
$ 14,465,958,074 | $ 11,757,576,195 | $ 33,531,191,692 | $ 25,084,338,519 | $ 26,953,933,447 | $ 40,412,690,407 | |||||
392,500,000 | 290,000,000 | 551,600,000 | 624,550,000 | 1,339,600,000 | 1,797,500,000 | |||||
(346,500,000) | (332,600,000) | (567,100,000) | (424,500,000) | (1,527,200,000) | (1,412,600,000) | |||||
46,000,000 | (42,600,000) | (15,500,000) | 200,050,000 | (187,600,000) | 384,900,000 |
The Health Care Select Sector SPDR Fund | The Industrial Select Sector SPDR Fund | ||||||
Year
Ended 9/30/22 |
Year
Ended 9/30/21 |
Year
Ended 9/30/22 |
Year
Ended 9/30/21 | ||||
INCREASE (DECREASE) IN NET ASSETS FROM OPERATIONS: | |||||||
Net investment income (loss)
|
$ 532,272,447 | $ 416,801,302 | $ 237,312,729 | $ 236,733,176 | |||
Net realized gain (loss)
|
3,156,743,791 | 3,400,196,431 | 1,109,082,575 | 2,956,551,516 | |||
Net change in unrealized
appreciation/depreciation
|
(5,562,711,590) | 1,264,545,932 | (3,250,181,327) | 734,570,045 | |||
Net increase (decrease) in net assets resulting
from operations
|
(1,873,695,352) | 5,081,543,665 | (1,903,786,023) | 3,927,854,737 | |||
Net equalization credits and charges
|
10,937,354 | 1,274,032 | (6,531,041) | 1,546,005 | |||
Distributions to shareholders
|
(547,486,712) | (409,925,315) | (231,405,184) | (241,943,347) | |||
FROM BENEFICIAL INTEREST TRANSACTIONS: | |||||||
Proceeds from shares sold
|
36,629,546,954 | 29,361,014,407 | 20,377,366,355 | 23,703,127,522 | |||
Cost of shares redeemed
|
(28,762,153,713) | (27,547,231,773) | (24,504,637,390) | (22,201,590,532) | |||
Net income equalization
|
(10,937,354) | (1,274,032) | 6,531,041 | (1,546,005) | |||
Net increase (decrease) in net assets from
beneficial interest transactions
|
7,856,455,887 | 1,812,508,602 | (4,120,739,994) | 1,499,990,985 | |||
Net increase (decrease) in net assets during the
period
|
5,446,211,177 | 6,485,400,984 | (6,262,462,242) | 5,187,448,380 | |||
Net assets at beginning of period
|
30,358,855,864 | 23,873,454,880 | 17,367,181,970 | 12,179,733,590 | |||
NET ASSETS AT END OF PERIOD
|
$ 35,805,067,041 | $ 30,358,855,864 | $ 11,104,719,728 | $ 17,367,181,970 | |||
SHARES OF BENEFICIAL INTEREST: | |||||||
Shares sold
|
277,250,000 | 242,250,000 | 208,050,000 | 252,800,000 | |||
Shares redeemed
|
(219,950,000) | (229,850,000) | (251,550,000) | (233,400,000) | |||
Net increase (decrease) from share
transactions
|
57,300,000 | 12,400,000 | (43,500,000) | 19,400,000 |
The Materials Select Sector SPDR Fund | The Real Estate Select Sector SPDR Fund | The Technology Select Sector SPDR Fund | ||||||||
Year
Ended 9/30/22 |
Year
Ended 9/30/21 |
Year
Ended 9/30/22 |
Year
Ended 9/30/21 |
Year
Ended 9/30/22 |
Year
Ended 9/30/21 | |||||
$ 141,752,846 | $ 130,501,877 | $ 101,651,228 | $ 59,481,840 | $ 370,356,173 | $ 322,398,863 | |||||
390,596,179 | 1,035,717,045 | 229,318,907 | 122,356,929 | 7,445,819,258 | 6,302,530,164 | |||||
(1,306,766,807) | (34,117,715) | (1,383,235,447) | 469,240,178 | (16,935,348,705) | 3,132,265,670 | |||||
(774,417,782) | 1,132,101,207 | (1,052,265,312) | 651,078,947 | (9,119,173,274) | 9,757,194,697 | |||||
(5,327,250) | (94,204) | 3,998,621 | 3,560,493 | (660,883) | (4,599,983) | |||||
(140,291,094) | (127,713,864) | (165,006,172) | (97,886,559) | (369,413,320) | (316,074,902) | |||||
9,286,163,854 | 12,989,379,344 | 6,393,738,629 | 4,788,360,980 | 31,297,130,714 | 23,233,034,545 | |||||
(11,170,933,914) | (10,408,905,093) | (4,846,435,169) | (3,323,817,883) | (29,174,529,672) | (23,746,663,758) | |||||
5,327,250 | 94,204 | (3,998,621) | (3,560,493) | 660,883 | 4,599,983 | |||||
(1,879,442,810) | 2,580,568,455 | 1,543,304,839 | 1,460,982,604 | 2,123,261,925 | (509,029,230) | |||||
(2,799,478,936) | 3,584,861,594 | 330,031,976 | 2,017,735,485 | (7,365,985,552) | 8,927,490,582 | |||||
7,501,905,881 | 3,917,044,287 | 4,282,141,246 | 2,264,405,761 | 43,022,516,199 | 34,095,025,617 | |||||
$ 4,702,426,945 | $ 7,501,905,881 | $ 4,612,173,222 | $ 4,282,141,246 | $ 35,656,530,647 | $ 43,022,516,199 | |||||
111,250,000 | 168,250,000 | 140,250,000 | 115,000,000 | 206,250,000 | 172,150,000 | |||||
(136,900,000) | (135,000,000) | (108,450,000) | (82,850,000) | (194,000,000) | (176,100,000) | |||||
(25,650,000) | 33,250,000 | 31,800,000 | 32,150,000 | 12,250,000 | (3,950,000) |
The Utilities Select Sector SPDR Fund | |||
Year
Ended 9/30/22 |
Year
Ended 9/30/21 | ||
INCREASE (DECREASE) IN NET ASSETS FROM OPERATIONS: | |||
Net investment income (loss)
|
$ 404,898,424 | $ 349,696,232 | |
Net realized gain (loss)
|
676,116,079 | 623,159,670 | |
Net change in unrealized
appreciation/depreciation
|
(825,343,425) | 233,959,292 | |
Net increase (decrease) in net assets resulting
from operations
|
255,671,078 | 1,206,815,194 | |
Net equalization credits and charges
|
8,627,389 | (1,339,318) | |
Distributions to shareholders
|
(430,630,955) | (374,646,864) | |
FROM BENEFICIAL INTEREST TRANSACTIONS: | |||
Proceeds from shares sold
|
24,428,615,968 | 18,829,817,079 | |
Cost of shares redeemed
|
(20,091,272,564) | (19,111,067,494) | |
Net income equalization
|
(8,627,389) | 1,339,318 | |
Net increase (decrease) in net assets from
beneficial interest transactions
|
4,328,716,015 | (279,911,097) | |
Net increase (decrease) in net assets during the
period
|
4,162,383,527 | 550,917,915 | |
Net assets at beginning of period
|
11,956,669,220 | 11,405,751,305 | |
NET ASSETS AT END OF PERIOD
|
$ 16,119,052,747 | $ 11,956,669,220 | |
SHARES OF BENEFICIAL INTEREST: | |||
Shares sold
|
345,250,000 | 293,450,000 | |
Shares redeemed
|
(286,200,000) | (298,300,000) | |
Net increase (decrease) from share
transactions
|
59,050,000 | (4,850,000) |
The Communication Services Select Sector SPDR Fund | |||||||||
Year
Ended 9/30/22 |
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
|
$ 80.15 | $ 59.40 | $ 49.50 | $ 48.98 | $ 50.00 | ||||
Income (loss) from investment operations: | |||||||||
Net investment income (loss) (b)
|
0.58 | 0.54 | 0.47 | 0.44 | 0.09 | ||||
Net realized and unrealized gain (loss) (c)
|
(32.25) | 20.73 | 9.88 | 0.51 | (1.17) | ||||
Total from investment operations
|
(31.67) | 21.27 | 10.35 | 0.95 | (1.08) | ||||
Net equalization credits and charges (b)
|
(0.02) | (0.00)(d) | 0.02 | 0.02 | 0.19 | ||||
Distributions to shareholders from: | |||||||||
Net investment income
|
(0.57) | (0.52) | (0.47) | (0.45) | (0.05) | ||||
Return of Capital
|
— | — | — | — | (0.08) | ||||
Total distributions
|
(0.57) | (0.52) | (0.47) | (0.45) | (0.13) | ||||
Net asset value, end of period
|
$ 47.89 | $ 80.15 | $ 59.40 | $ 49.50 | $ 48.98 | ||||
Total return (e)
|
(39.71)% | 35.88% | 21.05% | 2.07% | (1.78)% | ||||
Ratios and Supplemental Data: | |||||||||
Net assets, end of period (in 000s)
|
$7,578,050 | $15,176,057 | $10,106,071 | $6,039,403 | $2,035,011 | ||||
Ratios to average net assets: | |||||||||
Total expenses
|
0.10% | 0.11% | 0.13% | 0.13% | 0.15%(f) | ||||
Net expenses
|
0.10% | 0.11% | 0.13% | 0.13% | 0.13%(f) | ||||
Net investment income (loss)
|
0.88% | 0.73% | 0.86% | 0.93% | 0.62%(f) | ||||
Portfolio turnover rate (g)
|
21% | 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) | Period less than one year are not annualized. |
The Consumer Discretionary Select Sector SPDR Fund | |||||||||
Year
Ended 9/30/22 |
Year
Ended 9/30/21 |
Year
Ended 9/30/20 |
Year
Ended 9/30/19(a) |
Year
Ended 9/30/18(a) | |||||
Net asset value, beginning of period
|
$ 179.54 | $ 146.99 | $ 120.69 | $ 117.19 | $ 90.09 | ||||
Income (loss) from investment operations: | |||||||||
Net investment income (loss) (b)
|
1.23 | 1.09 | 1.46 | 1.58 | 1.49 | ||||
Net realized and unrealized gain (loss) (c)
|
(37.06) | 32.54 | 26.34 | 3.51 | 26.81 | ||||
Total from investment operations
|
(35.83) | 33.63 | 27.80 | 5.09 | 28.30 | ||||
Net equalization credits and charges (b)
|
(0.01) | 0.01 | (0.06) | (0.02) | 0.09 | ||||
Distributions to shareholders from: | |||||||||
Net investment income
|
(1.22) | (1.09) | (1.44) | (1.57) | (1.29) | ||||
Net asset value, end of period
|
$ 142.48 | $ 179.54 | $ 146.99 | $ 120.69 | $ 117.19 | ||||
Total return (d)
|
(20.06)% | 22.93% | 23.25% | 4.45% | 31.63% | ||||
Ratios and Supplemental Data: | |||||||||
Net assets, end of period (in 000s)
|
$14,098,639 | $19,633,737 | $15,809,198 | $13,928,314 | $16,218,942 | ||||
Ratios to average net assets: | |||||||||
Total expenses
|
0.10% | 0.11% | 0.13% | 0.13% | 0.13% | ||||
Net investment income (loss)
|
0.70% | 0.65% | 1.17% | 1.40% | 1.43% | ||||
Portfolio turnover rate (e)
|
22% | 23% | 11% | 6% | 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) | 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 9/30/22 |
Year
Ended 9/30/21 |
Year
Ended 9/30/20 |
Year
Ended 9/30/19(a) |
Year
Ended 9/30/18(a) | |||||
Net asset value, beginning of period
|
$ 68.83 | $ 64.13 | $ 61.41 | $ 53.92 | $ 53.99 | ||||
Income (loss) from investment operations: | |||||||||
Net investment income (loss) (b)
|
1.84 | 1.85 | 1.66 | 1.60 | 1.52 | ||||
Net realized and unrealized gain (loss) (c)
|
(2.16) | 4.67 | 2.70 | 7.41 | (0.17) | ||||
Total from investment operations
|
(0.32) | 6.52 | 4.36 | 9.01 | 1.35 | ||||
Net equalization credits and charges (b)
|
0.03 | (0.01) | 0.00(d) | 0.05 | 0.08 | ||||
Distributions to shareholders from: | |||||||||
Net investment income
|
(1.82) | (1.81) | (1.64) | (1.57) | (1.50) | ||||
Net asset value, end of period
|
$ 66.72 | $ 68.83 | $ 64.13 | $ 61.41 | $ 53.92 | ||||
Total return (e)
|
(0.63)% | 10.19% | 7.32% | 17.14% | 2.70% | ||||
Ratios and Supplemental Data: | |||||||||
Net assets, end of period (in 000s)
|
$14,465,958 | $11,757,576 | $13,687,240 | $14,015,004 | $9,256,716 | ||||
Ratios to average net assets: | |||||||||
Total expenses
|
0.10% | 0.11% | 0.13% | 0.13% | 0.13% | ||||
Net investment income (loss)
|
2.49% | 2.71% | 2.73% | 2.84% | 2.84% | ||||
Portfolio turnover rate (f)
|
11% | 4% | 5% | 10% | 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 9/30/22 |
Year
Ended 9/30/21 |
Year
Ended 9/30/20 |
Year
Ended 9/30/19(a) |
Year
Ended 9/30/18(a) | |||||
Net asset value, beginning of period
|
$ 52.12 | $ 29.97 | $ 59.18 | $ 75.75 | $ 68.46 | ||||
Income (loss) from investment operations: | |||||||||
Net investment income (loss) (b)
|
2.91 | 2.11 | 2.19 | 4.01 | 1.95 | ||||
Net realized and unrealized gain (loss) (c)
|
20.07 | 22.11 | (27.49) | (18.36) | 7.32 | ||||
Total from investment operations
|
22.98 | 24.22 | (25.30) | (14.35) | 9.27 | ||||
Net equalization credits and charges (b)
|
(0.06) | 0.09 | 0.08 | (0.04) | (0.02) | ||||
Contribution from Affiliate
|
— | — | 0.00(d)(e) | — | — | ||||
Distributions to shareholders from: | |||||||||
Net investment income
|
(3.06) | (2.16) | (3.99) | (2.18) | (1.96) | ||||
Net asset value, end of period
|
$ 71.98 | $ 52.12 | $ 29.97 | $ 59.18 | $ 75.75 | ||||
Total return (f)
|
44.34% | 81.93% | (44.68)%(g) | (19.08)% | 13.64% | ||||
Ratios and Supplemental Data: | |||||||||
Net assets, end of period (in 000s)
|
$33,531,192 | $25,084,339 | $8,430,789 | $10,014,781 | $18,435,159 | ||||
Ratios to average net assets: | |||||||||
Total expenses
|
0.10% | 0.11% | 0.13% | 0.13% | 0.13% | ||||
Net investment income (loss)
|
4.14% | 4.54% | 5.08% | 6.25% | 2.71% | ||||
Portfolio turnover rate (h)
|
9% | 14% | 13% | 10% | 8% |
(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 $290,417. |
(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 Financial Select Sector SPDR Fund | |||||||||
Year
Ended 9/30/22 |
Year
Ended 9/30/21 |
Year
Ended 9/30/20 |
Year
Ended 9/30/19(a) |
Year
Ended 9/30/18(a) | |||||
Net asset value, beginning of period
|
$ 37.53 | $ 24.06 | $ 28.02 | $ 27.58 | $ 25.84 | ||||
Income (loss) from investment operations: | |||||||||
Net investment income (loss) (b)
|
0.68 | 0.61 | 0.60 | 0.57 | 0.48 | ||||
Net realized and unrealized gain (loss) (c)
|
(7.21) | 13.44 | (3.94) | 0.46 | 1.73 | ||||
Total from investment operations
|
(6.53) | 14.05 | (3.34) | 1.03 | 2.21 | ||||
Net equalization credits and charges (b)
|
(0.02) | 0.02 | (0.02) | (0.03) | 0.01 | ||||
Distributions to shareholders from: | |||||||||
Net investment income
|
(0.67) | (0.60) | (0.60) | (0.56) | (0.48) | ||||
Net asset value, end of period
|
$ 30.31 | $ 37.53 | $ 24.06 | $ 28.02 | $ 27.58 | ||||
Total return (d)
|
(17.67)% | 58.79% | (11.98)% | 3.81% | 8.58% | ||||
Ratios and Supplemental Data: | |||||||||
Net assets, end of period (in 000s)
|
$26,953,933 | $40,412,690 | $16,646,404 | $22,552,204 | $31,053,806 | ||||
Ratios to average net assets: | |||||||||
Total expenses
|
0.10% | 0.11% | 0.13% | 0.13% | 0.13% | ||||
Net investment income (loss)
|
1.83% | 1.80% | 2.30% | 2.13% | 1.72% | ||||
Portfolio turnover rate (e)
|
4% | 3% | 4% | 4% | 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) | 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 9/30/22 |
Year
Ended 9/30/21 |
Year
Ended 9/30/20 |
Year
Ended 9/30/19(a) |
Year
Ended 9/30/18(a) | |||||
Net asset value, beginning of period
|
$ 127.26 | $ 105.56 | $ 90.13 | $ 95.11 | $ 81.76 | ||||
Income (loss) from investment operations: | |||||||||
Net investment income (loss) (b)
|
1.95 | 1.85 | 1.66 | 2.29 | 1.31 | ||||
Net realized and unrealized gain (loss) (c)
|
(6.27) | 21.65 | 16.08 | (5.75) | 13.34 | ||||
Total from investment operations
|
(4.32) | 23.50 | 17.74 | (3.46) | 14.65 | ||||
Net equalization credits and charges (b)
|
0.04 | 0.01 | (0.00)(d) | (0.02) | 0.01 | ||||
Distributions to shareholders from: | |||||||||
Net investment income
|
(1.96) | (1.81) | (2.31) | (1.50) | (1.31) | ||||
Net asset value, end of period
|
$ 121.02 | $ 127.26 | $ 105.56 | $ 90.13 | $ 95.11 | ||||
Total return (e)
|
(3.47)% | 22.37% | 19.90% | (3.65)% | 18.10% | ||||
Ratios and Supplemental Data: | |||||||||
Net assets, end of period (in 000s)
|
$35,805,067 | $30,358,856 | $23,873,455 | $16,818,717 | $19,632,378 | ||||
Ratios to average net assets: | |||||||||
Total expenses
|
0.10% | 0.11% | 0.13% | 0.13% | 0.13% | ||||
Net investment income (loss)
|
1.48% | 1.54% | 1.67% | 2.53% | 1.54% | ||||
Portfolio turnover rate (f)
|
2% | 4% | 3% | 2% | 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) | 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 9/30/22 |
Year
Ended 9/30/21 |
Year
Ended 9/30/20 |
Year
Ended 9/30/19(a) |
Year
Ended 9/30/18(a) | |||||
Net asset value, beginning of period
|
$ 97.77 | $ 76.98 | $ 77.66 | $ 78.37 | $ 70.99 | ||||
Income (loss) from investment operations: | |||||||||
Net investment income (loss) (b)
|
1.52 | 1.27 | 1.39 | 1.52 | 1.30 | ||||
Net realized and unrealized gain (loss) (c)
|
(14.94) | 20.81 | (0.68) | (0.63) | 7.49 | ||||
Total from investment operations
|
(13.42) | 22.08 | 0.71 | 0.89 | 8.79 | ||||
Net equalization credits and charges (b)
|
(0.04) | 0.01 | 0.02 | (0.03) | (0.02) | ||||
Contribution from Affiliate
|
— | — | — | 0.00(d)(e) | — | ||||
Distributions to shareholders from: | |||||||||
Net investment income
|
(1.52) | (1.30) | (1.41) | (1.57) | (1.39) | ||||
Net asset value, end of period
|
$ 82.79 | $ 97.77 | $ 76.98 | $ 77.66 | $ 78.37 | ||||
Total return (f)
|
(13.95)% | 28.74% | 1.12% | 1.25%(g) | 12.43% | ||||
Ratios and Supplemental Data: | |||||||||
Net assets, end of period (in 000s)
|
$11,104,720 | $17,367,182 | $12,179,734 | $9,802,368 | $12,925,332 | ||||
Ratios to average net assets: | |||||||||
Total expenses
|
0.10% | 0.11% | 0.13% | 0.13% | 0.13% | ||||
Net investment income (loss)
|
1.54% | 1.33% | 1.87% | 2.07% | 1.74% | ||||
Portfolio turnover rate (h)
|
7% | 2% | 3% | 3% | 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) | 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 9/30/22 |
Year
Ended 9/30/21 |
Year
Ended 9/30/20 |
Year
Ended 9/30/19(a) |
Year
Ended 9/30/18(a) | |||||
Net asset value, beginning of period
|
$ 79.11 | $ 63.62 | $ 58.17 | $ 57.92 | $ 56.80 | ||||
Income (loss) from investment operations: | |||||||||
Net investment income (loss) (b)
|
1.64 | 1.45 | 1.23 | 1.20 | 1.09 | ||||
Net realized and unrealized gain (loss) (c)
|
(11.02) | 15.43 | 5.47 | 0.28 | 1.09 | ||||
Total from investment operations
|
(9.38) | 16.88 | 6.70 | 1.48 | 2.18 | ||||
Net equalization credits and charges (b)
|
(0.06) | (0.00)(d) | (0.03) | (0.03) | 0.02 | ||||
Distributions to shareholders from: | |||||||||
Net investment income
|
(1.69) | (1.39) | (1.22) | (1.20) | (1.08) | ||||
Net asset value, end of period
|
$ 67.98 | $ 79.11 | $ 63.62 | $ 58.17 | $ 57.92 | ||||
Total return (e)
|
(12.23)% | 26.60% | 11.76% | 2.64% | 3.84% | ||||
Ratios and Supplemental Data: | |||||||||
Net assets, end of period (in 000s)
|
$4,702,427 | $7,501,906 | $3,917,044 | $4,201,473 | $4,547,766 | ||||
Ratios to average net assets: | |||||||||
Total expenses
|
0.10% | 0.11% | 0.13% | 0.13% | 0.13% | ||||
Net investment income (loss)
|
1.97% | 1.83% | 2.15% | 2.18% | 1.84% | ||||
Portfolio turnover rate (f)
|
2% | 5% | 4% | 20% | 17% |
(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 9/30/22 |
Year
Ended 9/30/21 |
Year
Ended 9/30/20 |
Year
Ended 9/30/19(a) |
Year
Ended 9/30/18(a) | |||||
Net asset value, beginning of period
|
$ 44.47 | $ 35.30 | $ 39.35 | $ 32.62 | $ 32.26 | ||||
Income (loss) from investment operations: | |||||||||
Net investment income (loss) (b)
|
0.86 | 0.85 | 0.88 | 0.95 | 0.95 | ||||
Net realized and unrealized gain (loss) (c)
|
(7.99) | 9.66 | (3.78) | 6.91 | 0.58 | ||||
Total from investment operations
|
(7.13) | 10.51 | (2.90) | 7.86 | 1.53 | ||||
Net equalization credits and charges (b)
|
0.03 | 0.05 | (0.05) | 0.01 | 0.00(d) | ||||
Distributions to shareholders from: | |||||||||
Net investment income
|
(1.37) | (1.39) | (1.10) | (1.14) | (1.17) | ||||
Net asset value, end of period
|
$ 36.00 | $ 44.47 | $ 35.30 | $ 39.35 | $ 32.62 | ||||
Total return (e)
|
(16.46)% | 30.42% | (7.46)% | 24.64% | 4.87% | ||||
Ratios and Supplemental Data: | |||||||||
Net assets, end of period (in 000s)
|
$4,612,173 | $4,282,141 | $2,264,406 | $3,884,273 | $2,732,078 | ||||
Ratios to average net assets: | |||||||||
Total expenses
|
0.10% | 0.11% | 0.13% | 0.13% | 0.13% | ||||
Net investment income (loss)
|
1.90% | 2.05% | 2.42% | 2.69% | 2.94% | ||||
Portfolio turnover rate (f)
|
11% | 4% | 5% | 3% | 7% |
(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 9/30/22 |
Year
Ended 9/30/21 |
Year
Ended 9/30/20 |
Year
Ended 9/30/19(a) |
Year
Ended 9/30/18(a) | |||||
Net asset value, beginning of period
|
$ 149.35 | $ 116.76 | $ 80.51 | $ 75.30 | $ 59.13 | ||||
Income (loss) from investment operations: | |||||||||
Net investment income (loss) (b)
|
1.24 | 1.11 | 1.20 | 1.05 | 0.93 | ||||
Net realized and unrealized gain (loss) (c)
|
(30.62) | 32.60 | 36.24 | 5.18 | 16.17 | ||||
Total from investment operations
|
(29.38) | 33.71 | 37.44 | 6.23 | 17.10 | ||||
Net equalization credits and charges (b)
|
(0.00)(d) | (0.02) | (0.00)(d) | 0.01 | 0.04 | ||||
Distributions to shareholders from: | |||||||||
Net investment income
|
(1.24) | (1.10) | (1.19) | (1.03) | (0.97) | ||||
Net asset value, end of period
|
$ 118.73 | $ 149.35 | $ 116.76 | $ 80.51 | $ 75.30 | ||||
Total return (e)
|
(19.82)% | 28.93% | 46.88% | 8.44% | 29.14% | ||||
Ratios and Supplemental Data: | |||||||||
Net assets, end of period (in 000s)
|
$35,656,531 | $43,022,516 | $34,095,026 | $22,417,160 | $22,959,484 | ||||
Ratios to average net assets: | |||||||||
Total expenses
|
0.10% | 0.11% | 0.13% | 0.13% | 0.13% | ||||
Net investment income (loss)
|
0.83% | 0.81% | 1.24% | 1.44% | 1.37% | ||||
Portfolio turnover rate (f)
|
9% | 4% | 3% | 6% | 19% |
(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 9/30/22 |
Year
Ended 9/30/21 |
Year
Ended 9/30/20 |
Year
Ended 9/30/19(a) |
Year
Ended 9/30/18(a) | |||||
Net asset value, beginning of period
|
$ 63.88 | $ 59.40 | $ 64.73 | $ 52.68 | $ 53.05 | ||||
Income (loss) from investment operations: | |||||||||
Net investment income (loss) (b)
|
1.96 | 1.86 | 2.00 | 1.90 | 1.76 | ||||
Net realized and unrealized gain (loss) (c)
|
1.61 | 4.61 | (5.36) | 12.01 | (0.28) | ||||
Total from investment operations
|
3.57 | 6.47 | (3.36) | 13.91 | 1.48 | ||||
Net equalization credits and charges (b)
|
0.04 | (0.01) | (0.02) | 0.01 | (0.04) | ||||
Distributions to shareholders from: | |||||||||
Net investment income
|
(2.03) | (1.98) | (1.95) | (1.87) | (1.81) | ||||
Net asset value, end of period
|
$ 65.46 | $ 63.88 | $ 59.40 | $ 64.73 | $ 52.68 | ||||
Total return (d)
|
5.46% | 10.95% | (5.12)% | 26.85% | 2.89% | ||||
Ratios and Supplemental Data: | |||||||||
Net assets, end of period (in 000s)
|
$16,119,053 | $11,956,669 | $11,405,751 | $11,296,483 | $7,642,260 | ||||
Ratios to average net assets: | |||||||||
Total expenses
|
0.10% | 0.11% | 0.13% | 0.13% | 0.13% | ||||
Net investment income (loss)
|
2.76% | 2.89% | 3.29% | 3.30% | 3.37% | ||||
Portfolio turnover rate (e)
|
4% | 3% | 3% | 5% | 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) | 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. |
Liability Derivatives | ||||||||||||||||
Interest
Rate Risk |
Foreign
Exchange Risk |
Credit
Risk |
Equity
Risk |
Commodity
Risk |
Total | |||||||||||
The Energy Select Sector SPDR Fund | ||||||||||||||||
Futures Contracts
|
$— | $— | $— | $8,367,000 | $— | $8,367,000 | ||||||||||
The Industrial Select Sector SPDR Fund | ||||||||||||||||
Futures Contracts
|
— | — | — | 3,139,560 | — | 3,139,560 | ||||||||||
The Materials Select Sector SPDR Fund | ||||||||||||||||
Futures Contracts
|
— | — | — | 778,500 | — | 778,500 | ||||||||||
The Real Estate Select Sector SPDR Fund | ||||||||||||||||
Futures Contracts
|
— | — | — | 2,990,125 | — | 2,990,125 | ||||||||||
The Technology Select Sector SPDR Fund | ||||||||||||||||
Futures Contracts
|
— | — | — | 8,792,700 | — | 8,792,700 |
Net Realized Gain (Loss) | ||||||||||||||||
Interest
Rate Risk |
Foreign
Exchange Risk |
Credit
Risk |
Equity
Risk |
Commodity
Risk |
Total | |||||||||||
The Energy Select Sector SPDR Fund | ||||||||||||||||
Futures Contracts
|
$— | $— | $— | $14,655,869 | $— | $14,655,869 | ||||||||||
The Industrial Select Sector SPDR Fund | ||||||||||||||||
Futures Contracts
|
— | — | — | (1,067,872) | — | (1,067,872) | ||||||||||
The Materials Select Sector SPDR Fund | ||||||||||||||||
Futures Contracts
|
— | — | — | (77,813) | — | (77,813) | ||||||||||
The Real Estate Select Sector SPDR Fund | ||||||||||||||||
Futures Contracts
|
— | — | — | 1,439,301 | — | 1,439,301 | ||||||||||
The Technology Select Sector SPDR Fund | ||||||||||||||||
Futures Contracts
|
— | — | — | (8,644,801) | — | (8,644,801) |
Net Change in Unrealized Appreciation (Depreciation) | ||||||||||||||||
Interest
Rate Risk |
Foreign
Exchange Risk |
Credit
Risk |
Equity
Risk |
Commodity
Risk |
Total | |||||||||||
The Energy Select Sector SPDR Fund | ||||||||||||||||
Futures Contracts
|
$— | $— | $— | (10,943,625) | $— | (10,943,625) | ||||||||||
The Industrial Select Sector SPDR Fund | ||||||||||||||||
Futures Contracts
|
— | — | — | (840,740) | — | (840,740) | ||||||||||
The Materials Select Sector SPDR Fund | ||||||||||||||||
Futures Contracts
|
— | — | — | (778,744) | — | (778,744) | ||||||||||
The Real Estate Select Sector SPDR Fund | ||||||||||||||||
Futures Contracts
|
— | — | — | (2,464,582) | — | (2,464,582) | ||||||||||
The Technology Select Sector SPDR Fund | ||||||||||||||||
Futures Contracts
|
— | — | — | (5,257,173) | — | (5,257,173) |
Purchases | Sales | ||
The Communication Services Select Sector SPDR
Fund
|
$2,400,560,611 | $2,417,232,523 | |
The Consumer Discretionary Select Sector SPDR
Fund
|
4,045,300,743 | 4,080,565,405 | |
The Consumer Staples Select Sector SPDR
Fund
|
1,621,124,686 | 1,635,523,718 |
Purchases | Sales | ||
The Energy Select Sector SPDR Fund
|
$3,200,107,155 | $3,058,748,020 | |
The Financial Select Sector SPDR Fund
|
1,577,408,160 | 1,569,812,351 | |
The Health Care Select Sector SPDR Fund
|
771,790,075 | 795,743,708 | |
The Industrial Select Sector SPDR Fund
|
1,065,853,795 | 1,028,521,289 | |
The Materials Select Sector SPDR Fund
|
144,531,616 | 138,328,047 | |
The Real Estate Select Sector SPDR Fund
|
611,937,453 | 582,695,309 | |
The Technology Select Sector SPDR Fund
|
4,092,245,819 | 3,800,625,349 | |
The Utilities Select Sector SPDR Fund
|
614,142,896 | 594,146,780 |
In-kind
Contributions |
In-kind
Redemptions |
In-kind
Net Realized Gains/(Losses) | |||
The Communication Services Select Sector SPDR
Fund
|
$ 7,897,395,051 | $ 9,933,861,289 | $1,706,260,159 | ||
The Consumer Discretionary Select Sector SPDR
Fund
|
14,695,589,984 | 15,919,435,259 | 2,646,179,518 | ||
The Consumer Staples Select Sector SPDR
Fund
|
21,844,567,667 | 18,250,343,511 | 1,076,507,407 | ||
The Energy Select Sector SPDR Fund
|
29,994,676,504 | 31,560,669,710 | 9,015,100,583 | ||
The Financial Select Sector SPDR Fund
|
38,546,032,338 | 44,019,033,634 | 3,126,080,025 | ||
The Health Care Select Sector SPDR Fund
|
25,630,292,202 | 17,764,307,428 | 3,277,570,407 | ||
The Industrial Select Sector SPDR Fund
|
14,343,860,221 | 18,465,375,833 | 1,216,934,513 | ||
The Materials Select Sector SPDR Fund
|
6,896,502,406 | 8,780,607,882 | 423,526,507 | ||
The Real Estate Select Sector SPDR Fund
|
5,035,920,648 | 3,538,251,807 | 316,274,334 | ||
The Technology Select Sector SPDR Fund
|
21,515,208,451 | 19,621,716,486 | 8,496,521,113 | ||
The Utilities Select Sector SPDR Fund
|
18,162,796,774 | 13,825,153,377 | 776,955,041 |
Ordinary
Income |
Long-Term
Capital Gains |
Total | |||
The Communication Services Select Sector SPDR
Fund
|
$ 98,460,012 | $— | $ 98,460,012 | ||
The Consumer Discretionary Select Sector SPDR
Fund
|
129,853,122 | — | 129,853,122 | ||
The Consumer Staples Select Sector SPDR
Fund
|
366,815,541 | — | 366,815,541 | ||
The Energy Select Sector SPDR Fund
|
1,446,908,773 | — | 1,446,908,773 | ||
The Financial Select Sector SPDR Fund
|
694,964,954 | — | 694,964,954 | ||
The Health Care Select Sector SPDR Fund
|
547,486,712 | — | 547,486,712 | ||
The Industrial Select Sector SPDR Fund
|
231,405,184 | — | 231,405,184 | ||
The Materials Select Sector SPDR Fund
|
140,291,094 | — | 140,291,094 | ||
The Real Estate Select Sector SPDR Fund
|
165,006,172 | — | 165,006,172 | ||
The Technology Select Sector SPDR Fund
|
369,413,320 | — | 369,413,320 | ||
The Utilities Select Sector SPDR Fund
|
430,630,955 | — | 430,630,955 |
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 |
Undistributed
Ordinary Income |
Capital
Loss Carryforwards |
Undistributed
Long-Term Capital Gains |
Net
Unrealized Gains (Losses) |
Total | |||||
The Communication Services Select Sector SPDR
Fund
|
$ 6,100,960 | $(1,058,265,318) | $— | $(4,247,199,153) | $(5,299,363,511) | ||||
The Consumer Discretionary Select Sector SPDR
Fund
|
22,451,567 | (2,479,550,747) | — | (3,743,753,069) | (6,200,852,249) | ||||
The Consumer Staples Select Sector SPDR
Fund
|
— | (1,215,383,250) | — | (2,583,259,726) | (3,798,642,976) | ||||
The Energy Select Sector SPDR Fund
|
15,778,019 | (7,655,087,119) | — | 155,012,892 | (7,484,296,208) | ||||
The Financial Select Sector SPDR Fund
|
55,491,185 | (1,161,950,471) | — | (8,593,309,083) | (9,699,768,369) |
Undistributed
Ordinary Income |
Capital
Loss Carryforwards |
Undistributed
Long-Term Capital Gains |
Net
Unrealized Gains (Losses) |
Total | |||||
The Health Care Select Sector SPDR Fund
|
$21,342,739 | (1,061,981,005) | $— | (4,054,763,611) | (5,095,401,877) | ||||
The Industrial Select Sector SPDR Fund
|
5,907,545 | (688,151,217) | — | (4,337,962,316) | (5,020,205,988) | ||||
The Materials Select Sector SPDR Fund
|
8,358,565 | (935,454,824) | — | (1,652,723,304) | (2,579,819,563) | ||||
The Real Estate Select Sector SPDR Fund
|
— | (163,435,208) | — | (1,442,723,168) | (1,606,158,376) | ||||
The Technology Select Sector SPDR Fund
|
9,862,133 | (1,609,576,367) | — | (6,115,184,794) | (7,714,899,028) | ||||
The Utilities Select Sector SPDR Fund
|
— | (902,338,736) | — | (1,914,001,099) | (2,816,339,835) |
Non-Expiring
Short Term |
Non-Expiring
Long Term | ||
The Communication Services Select Sector SPDR
Fund
|
$ 478,335,316 | $ 579,930,002 | |
The Consumer Discretionary Select Sector SPDR
Fund
|
1,087,104,772 | 1,392,445,975 | |
The Consumer Staples Select Sector SPDR
Fund
|
197,970,574 | 1,017,412,676 | |
The Energy Select Sector SPDR Fund
|
474,850,653 | 7,180,236,466 | |
The Financial Select Sector SPDR Fund
|
638,706,094 | 523,244,377 | |
The Health Care Select Sector SPDR Fund
|
188,196,482 | 873,784,523 | |
The Industrial Select Sector SPDR Fund
|
179,561,770 | 508,589,447 | |
The Materials Select Sector SPDR Fund
|
280,050,292 | 655,404,532 | |
The Real Estate Select Sector SPDR Fund
|
119,045,170 | 44,390,038 | |
The Technology Select Sector SPDR Fund
|
780,235,154 | 829,341,213 | |
The Utilities Select Sector SPDR Fund
|
198,660,808 | 703,677,928 |
Tax
Cost |
Gross
Unrealized Appreciation |
Gross
Unrealized Depreciation |
Net
Unrealized Appreciation (Depreciation) | ||||
The Communication Services Select Sector SPDR
Fund
|
$11,876,733,278 | $ 19,847,687 | $4,267,046,865 | $(4,247,199,178) | |||
The Consumer Discretionary Select Sector SPDR
Fund
|
17,957,410,620 | 69,752,340 | 3,813,505,411 | (3,743,753,071) | |||
The Consumer Staples Select Sector SPDR
Fund
|
17,031,429,390 | 32,920,122 | 2,616,179,847 | (2,583,259,725) | |||
The Energy Select Sector SPDR Fund
|
33,436,626,826 | 1,790,298,420 | 1,635,285,528 | 155,012,892 | |||
The Financial Select Sector SPDR Fund
|
35,651,159,167 | 27,029,139 | 8,620,338,222 | (8,593,309,083) | |||
The Health Care Select Sector SPDR Fund
|
39,995,266,391 | 1,228,736,334 | 5,283,499,944 | (4,054,763,610) | |||
The Industrial Select Sector SPDR Fund
|
15,541,196,775 | 19,702,601 | 4,357,664,339 | (4,337,961,738) | |||
The Materials Select Sector SPDR Fund
|
6,347,831,071 | 43,213,787 | 1,695,937,091 | (1,652,723,304) | |||
The Real Estate Select Sector SPDR Fund
|
6,039,092,632 | — | 1,442,721,665 | (1,442,721,665) | |||
The Technology Select Sector SPDR Fund
|
41,912,109,129 | 526,026,598 | 6,641,211,392 | (6,115,184,794) | |||
The Utilities Select Sector SPDR Fund
|
18,133,288,026 | 143,415,551 | 2,057,416,649 | (1,914,001,098) |
Fund | Market
Value of Securities on Loan |
Cash
Collateral Received |
Non-Cash
Collateral Received* |
Total
Collateral Received | ||||
The Communication Services Select Sector SPDR
Fund
|
$ 59,778,853 | $ 51,992,399 | $ 11,046,087 | $ 63,038,486 | ||||
The Consumer Discretionary Select Sector SPDR
Fund
|
194,888,318 | 115,679,767 | 97,841,026 | 213,520,793 | ||||
The Consumer Staples Select Sector SPDR
Fund
|
24,240,601 | 24,693,312 | — | 24,693,312 | ||||
The Energy Select Sector SPDR Fund
|
49,641,479 | 32,065,518 | 19,073,410 | 51,138,928 | ||||
The Financial Select Sector SPDR Fund
|
121,823,457 | 122,805,648 | 3,893,275 | 126,698,923 | ||||
The Health Care Select Sector SPDR Fund
|
177,843,167 | 158,598,098 | 25,846,652 | 184,444,750 | ||||
The Industrial Select Sector SPDR Fund
|
128,835,712 | 107,539,396 | 24,584,795 | 132,124,191 | ||||
The Materials Select Sector SPDR Fund
|
367,232 | — | 370,500 | 370,500 | ||||
The Technology Select Sector SPDR Fund
|
210,639,808 | 94,660,055 | 124,016,699 | 218,676,754 | ||||
The Utilities Select Sector SPDR Fund
|
95,823,575 | 92,621,035 | 7,572,325 | 100,193,360 |
* | The non-cash collateral includes U.S. Treasuries and U.S. Government Agency securities. |
Remaining Contractual Maturity of the Agreements as of September 30, 2022 | ||||||||||||||
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 | $ 51,992,399 | $— | $— | $— | $ 51,992,399 | $ 51,992,399 | |||||||
The Consumer Discretionary Select Sector SPDR
Fund
|
Common Stocks | 115,679,767 | — | — | — | 115,679,767 | 115,679,767 | |||||||
The Consumer Staples Select Sector SPDR
Fund
|
Common Stocks | 24,693,312 | — | — | — | 24,693,312 | 24,693,312 | |||||||
The Energy Select Sector SPDR Fund
|
Common Stocks | 32,065,518 | — | — | — | 32,065,518 | 32,065,518 | |||||||
The Financial Select Sector SPDR Fund
|
Common Stocks | 122,805,648 | — | — | — | 122,805,648 | 122,805,648 | |||||||
The Health Care Select Sector SPDR Fund
|
Common Stocks | 158,598,098 | — | — | — | 158,598,098 | 158,598,098 | |||||||
The Industrial Select Sector SPDR Fund
|
Common Stocks | 107,539,396 | — | — | — | 107,539,396 | 107,539,396 | |||||||
The Technology Select Sector SPDR Fund
|
Common Stocks | 94,660,055 | — | — | — | 94,660,055 | 94,660,055 | |||||||
The Utilities Select Sector SPDR Fund
|
Common Stocks | 92,621,035 | — | — | — | 92,621,035 | 92,621,035 |
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
|
0.10% | $ 699.60 | $0.43 | $1,024.60 | $0.51 | ||||
The Consumer Discretionary Select Sector SPDR
Fund
|
0.10 | 773.70 | 0.44 | 1,024.60 | 0.51 | ||||
The Consumer Staples Select Sector SPDR
Fund
|
0.10 | 892.60 | 0.47 | 1,024.60 | 0.51 | ||||
The Energy Select Sector SPDR Fund
|
0.10 | 1,036.60 | 0.51 | 1,024.60 | 0.51 | ||||
The Financial Select Sector SPDR Fund
|
0.10 | 1,000.00 | 0.50 | 1,024.60 | 0.51 | ||||
The Health Care Select Sector SPDR Fund
|
0.10 | 891.90 | 0.47 | 1,024.60 | 0.51 | ||||
The Industrial Select Sector SPDR Fund
|
0.10 | 811.80 | 0.45 | 1,024.60 | 0.51 | ||||
The Materials Select Sector SPDR Fund
|
0.10 | 781.20 | 0.45 | 1,024.60 | 0.51 | ||||
The Real Estate Select Sector SPDR Fund
|
0.10 | 758.30 | 0.44 | 1,024.60 | 0.51 | ||||
The Technology Select Sector SPDR Fund
|
0.10 | 751.90 | 0.44 | 1,024.60 | 0.51 | ||||
The Utilities Select Sector SPDR Fund
|
0.10 | 1,000.00 | 0.50 | 1,024.60 | 0.51 |
(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. |
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 - 2015). |
11 | Chairperson
of the Board and Member of the Audit, Nominating and Valuation Committees, Investment Managers Series Trust (2007 - 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 – 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, Member of the Audit Committee, Member of the Nominating and Governance Committee | Term:
Indefinite Elected: October 2021 |
Retired;
Practice Executive, Global Strategic Relationship Management/Asset Management - Corporate & Institutional Services (C&IS) Division, Northern Trust Corporation (2017 – 2021); and Chief Operating Officer & Chief Administrative Officer, Institutional Investor Group, N.A., C&IS Division, Northern Trust Corporation (2016 – 2017). |
11 | Leadership
Advisory Committee (2019 - present) and Membership Committee Chair (2021 - present), Art Institute of Chicago; Academic Affairs Chair and Executive Committee Member (2018 - present) and Board of Trustees and Investment Committee Member (2012 - present), Columbia College Chicago. |
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 | |||||
SHEILA
HARTNETT-DEVLIN c/o The Select Sector SPDR Trust One Iron Street Boston, MA 02210 1958 |
Trustee, Member of the Audit Committee, Member of the Nominating and Governance Committee | Term:
Indefinite Elected: October 2021 |
Retired;
Senior Vice President and Head of the U.S. Institutional Business American Century Investments, Inc. (2008 – 2017). |
11 | Director,
South Jersey Industries, Inc. (energy services) (1999 - present) and Director, Mannington Mills (flooring products) (2005 to present). | |||||
JAMES
JESSEE c/o The Select Sector SPDR Trust One Iron Street Boston, MA 02210 1958 |
Trustee, Member of the Audit Committee, Member of the Nominating and Governance Committee | Term:
Indefinite Elected: October 2021 |
Retired;
Strategic Advisor, MFS Investment Management (2018); and Co-Head, Global Distribution and President MFS Fund Distributors, Inc. (2011 – 2017). |
11 | Trustee,
Yieldstreet Prism Fund (investment company) (2019 - present); Trustee, Lanteri Charitable Trust (2018 - present); Director, Regional Board of Directors, BottomLine (charity) (2018 - present); Director, Invest in Others Charitable Foundation (2016 - present); Board Member, Board of Governors, Investment Company Institute (2014 - 2018); Director, Waddell & Reed Financial, Inc. (investment management) (2019 - 2021). | |||||
TERESA
POLLEY c/o The Select Sector SPDR Trust One Iron Street Boston, MA 02210 1960 |
Trustee, Chair of the Audit Committee, Member of the Nominating and Governance Committee | Term:
Indefinite Elected: October 2021 |
Terri
Polley Consulting (2019 - present); President and Chief Executive Officer of the Financial Accounting Foundation (FAF) (2008 - 2019). |
11 | Corporator, Fairfield County Bank Corporation (2019 - present); Trustee (2018 to present), Academic Affairs Committee Member (2018 - present), Audit Committee Chair (2021 - present), Executive Committee Member (2021 - present), Finance and Operations Committee Member (2018 - present), St. Francis University; Director (2010 - present), Chair (2015 - 2017), Vice Chair (2013 - 2015), Treasurer (2011 - 2013), Greater Norwalk (CT) Chamber of Commerce; Member (2020 - present), Investment Committee, Connecticut Society of CPAs; Director (2020 - present), Girl Scouts of Connecticut. | |||||
R.
CHARLES TSCHAMPION c/o The Select Sector SPDR Trust One Iron Street Boston, MA 02210 1946 |
Trustee,
Member of the Audit Committee, Chair of the Nominating and Governance
Committee |
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 -
2015). |
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 - present); Retired Chairman and Director, SSGA Funds Management, Inc. (2005 - March 2020); Retired Executive Vice President, State Street Global Advisors (2012 - March 2020); Retired Chief Executive Officer and Manager, State Street Global Advisors Funds Distributors, LLC (May 2017 - March 2020);Director, State Street Global Markets, LLC (2013 - April 2017); President, SSGA Funds Management, Inc. (2005 - 2012); Principal, State Street Global Advisors (2000 - 2005). | 132 | SSGA
SPDR ETFs Europe I plc (Director) (November 2016 - March 2020); SSGA SPDR ETFs Europe II plc (Director) (November 2016 - March 2020); State Street Navigator Securities Lending Trust (July 2016 - March 2020); SSGA Funds (January 2014 - March 2020); State Street Institutional Investment Trust (February 2007 - March 2020); State Street Master Funds (February 2007 - March 2020); Elfun Funds (July 2016 - 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 - present); President and Director, SSGA Funds Management, Inc. (2001 - present)*; Senior Managing Director, State Street Global Advisors (1992 - present)*; Manager, State Street Global Advisors Funds Distributors, LLC (May 2017 - 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 - 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 - present); Vice President, State Street Bank and Trust Company (2001 - 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. (April 2005 - Present)*; Managing Director, State Street Global Advisors (April 2005 - 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 - present); Director, Credit Suisse (April 2008 - 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 - present); Senior Vice President, John Hancock Investments (September 2007 - 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 - present); Mutual Funds Controller, GE Asset Management Incorporated (April 2011 - 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 - present); Assistant Vice President, State Street Bank and Trust Company (November 2011 - July 2017).* | |||
RYAN
HILL SSGA Funds Management, Inc. One Iron Street Boston, MA 02210 1982 |
Assistant Treasurer | Term: Indefinite Elected: May 2022 | Vice President, State Street Global Advisors ( 2017 - present); State Street Bank and Trust (2008 - 2017). | |||
JOHN BETTENCOURT SSGA Funds Management, Inc. One Iron Street Boston, MA 02210 1976 | Assistant Treasurer | Term: Indefinite Elected: May 2022 | Vice President, State Street Global Advisors ( 2007 - present); State Street Bank and Trust (1999 - 2007). | |||
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 - present). |
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 - present); Vice President and Council, Eaton Vance Corp. (October 2010 - 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 - present); Vice President and Counsel, State Street Global Advisors (August 2015 - April 2019); Associate, Ropes & Gray LLP (November 2012 - 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 - 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. |