Investment
Objective |
that,
before fees and expenses, correspond generally to the price and yield
performance of an index that
tracks
the fixed-rate local currency sovereign debt of emerging market
countries. |
Management
fees |
|
Distribution
and service (12b-1) fees |
|
Other
expenses1
|
|
Total
annual Fund operating expenses1 |
|
Year
1 |
Year
3 |
Year
5 |
Year
10 |
$ |
$ |
$ |
$ |
|
One
Year |
Five
Years |
Ten
Years |
Return
Before Taxes |
- |
- |
- |
Return
After Taxes on Distributions |
- |
- |
- |
Return
After Taxes on Distributions and Sale of Fund Shares |
- |
- |
- |
Bloomberg
EM Local Currency Government Diversified Index (reflects no deduction for
fees,
expenses
or taxes) |
- |
- |
- |
Bloomberg
Global Aggregate Bond Index (reflects no deduction for fees, expenses or
taxes) |
- |
- |
- |
Investment
Objective |
The SPDR Bloomberg International Corporate Bond ETF
(the “Fund”)
seeks to provide investment results
that,
before fees and expenses, correspond generally to the price and yield
performance of an index that
tracks
the investment grade corporate sector of the global bond market outside of
the United
States. |
Management
fees |
|
Distribution
and service (12b-1) fees |
|
Other
expenses1
|
|
Total
annual Fund operating expenses1 |
|
Year
1 |
Year
3 |
Year
5 |
Year
10 |
$ |
$ |
$ |
$ |
|
One
Year |
Five
Years |
Ten
Years |
Return
Before Taxes |
- |
- |
- |
Return
After Taxes on Distributions |
- |
- |
- |
Return
After Taxes on Distributions and Sale of Fund Shares |
- |
- |
- |
Bloomberg
Global Aggregate ex-USD ˃$1B: Corporate Bond Index (reflects no deduction
for fees,
expenses
or taxes) |
- |
- |
- |
Bloomberg
Global Aggregate Bond Index (reflects no deduction for fees, expenses or
taxes) |
- |
- |
- |
Investment
Objective |
that,
before fees and expenses, correspond generally to the price and yield
performance of an index that
tracks
the fixed-rate local currency sovereign debt of investment grade countries
outside the United
States. |
Management
fees |
|
Distribution
and service (12b-1) fees |
|
Other
expenses1
|
|
Total
annual Fund operating expenses1 |
|
Year
1 |
Year
3 |
Year
5 |
Year
10 |
$ |
$ |
$ |
$ |
|
One
Year |
Five
Years |
Ten
Years |
Return
Before Taxes |
- |
- |
- |
Return
After Taxes on Distributions |
- |
- |
- |
Return
After Taxes on Distributions and Sale of Fund Shares |
- |
- |
- |
Bloomberg
Global Treasury ex-US Capped Index (reflects no deduction for fees,
expenses or taxes) |
- |
- |
- |
Bloomberg
Global Aggregate Bond Index (reflects no deduction for fees, expenses or
taxes) |
- |
- |
- |
Investment
Objective |
investment
results that, before fees and expenses, correspond generally to the price
and yield performance
of
an index that tracks the short-term (1-3 year remaining maturity) fixed
rate, investment grade debt issued
by
foreign governments of investment grade
countries. |
Management
fees |
|
Distribution
and service (12b-1) fees |
|
Other
expenses1
|
|
Total
annual Fund operating expenses1 |
|
Year
1 |
Year
3 |
Year
5 |
Year
10 |
$ |
$ |
$ |
$ |
|
One
Year |
Five
Years |
Ten
Years |
Return
Before Taxes |
- |
- |
- |
Return
After Taxes on Distributions |
- |
- |
- |
Return
After Taxes on Distributions and Sale of Fund Shares |
- |
- |
- |
Bloomberg
1-3 Year Global Treasury ex-US Capped Index (reflects no deduction for
fees, expenses
or
taxes) |
- |
- |
- |
Bloomberg
Global Aggregate Bond Index (reflects no deduction for fees, expenses or
taxes) |
- |
- |
- |
Investment
Objective |
investment
results that, before fees and expenses, correspond generally to the price
and yield performance
of
an index that tracks the inflation protected sector of the global bond
market outside the United
States. |
Management
fees |
|
Distribution
and service (12b-1) fees |
|
Other
expenses1
|
|
Total
annual Fund operating expenses1 |
|
Year
1 |
Year
3 |
Year
5 |
Year
10 |
$ |
$ |
$ |
$ |
|
One
Year |
Five
Years |
Ten
Years |
Return
Before Taxes |
- |
- |
- |
Return
After Taxes on Distributions |
- |
- |
- |
Return
After Taxes on Distributions and Sale of Fund Shares |
- |
- |
- |
FTSE
International Inflation-Linked Securities Select Index/DB Global
Government ex-U.S.
Inflation-Linked
Bond Capped Index1,2
(reflects no deduction for fees, expenses or taxes) |
- |
- |
- |
Bloomberg
Global Aggregate Bond Index (reflects no deduction for fees, expenses or
taxes) |
- |
- |
- |
Below
Investment-Grade Securities Risk |
x |
|
|
|
x |
Call/Prepayment
Risk |
x |
x |
|
|
x |
Counterparty
Risk |
x |
x |
x |
x |
x |
Credit
Risk |
x |
x |
x |
x |
x |
Currency
Risk |
x |
x |
x |
x |
x |
Debt
Securities Risk |
x |
x |
x |
x |
x |
Derivatives
Risk |
x |
x |
x |
x |
x |
Forward
Currency Contracts Risk |
x |
x |
x |
x |
|
Futures
Contract Risk |
x |
x |
x |
x |
|
Swaps
Risk |
x |
x |
|
|
x |
Emerging
Markets Risk |
x |
|
x |
x |
x |
Extension
Risk |
x |
x |
|
|
x |
Financial
Sector Risk |
|
x |
|
|
|
Fluctuation
of Net Asset Value, Share Premiums and Discounts
Risk |
x |
x |
x |
x |
x |
Geographic
Focus Risk |
x |
x |
x |
x |
x |
Asia |
x |
|
|
|
|
Europe |
|
x |
x |
x |
x |
Japan |
|
|
x |
x |
|
United
Kingdom |
|
|
|
|
x |
Income
Risk |
x |
x |
x |
x |
x |
Indexing
Strategy/Index Tracking Risk |
x |
x |
x |
x |
x |
Inflation-Indexed
Securities Risk |
|
|
|
|
x |
Interest
Rate Risk |
x |
x |
x |
x |
x |
Leveraging
Risk |
x |
x |
x |
x |
x |
Liquidity
Risk |
x |
x |
x |
x |
x |
Market
Risk |
x |
x |
x |
x |
x |
Non-Diversification
Risk |
x |
|
x |
x |
x |
Non-U.S.
Securities Risk |
x |
x |
x |
x |
x |
Reinvestment
Risk |
x |
x |
x |
x |
x |
Restricted
Securities Risk |
|
|
x |
x |
x |
Settlement
Risk |
x |
x |
x |
x |
x |
Sovereign
Debt Obligations Risk |
x |
|
x |
x |
x |
Unconstrained
Sector Risk |
|
x |
|
|
|
Valuation
Risk |
x |
x |
x |
x |
x |
SPDR
Bloomberg Emerging Markets Local Bond ETF |
0.30% |
SPDR
Bloomberg International Corporate Bond ETF |
0.50% |
SPDR
Bloomberg International Treasury Bond ETF |
0.35% |
SPDR
Bloomberg Short Term International Treasury Bond ETF |
0.35% |
SPDR
FTSE International Government Inflation-Protected Bond
ETF |
0.50% |
Portfolio
Managers |
Fund |
Abhishek
Kumar, Robert Golcher, Catherine
Smith,
Kheng Siang Ng and Imran Khan |
SPDR
Bloomberg Emerging Markets Local Bond ETF |
Richard
Darby-Dowman, Paul Brown and
Peter
Spano |
SPDR
Bloomberg International Corporate Bond ETF |
James
Kramer, Joanna Madden and Cynthia
Moy |
SPDR
Bloomberg International Treasury Bond ETF, SPDR Bloomberg Short Term
International Treasury Bond ETF, SPDR FTSE International
Government
Inflation-Protected Bond ETF |
|
SPDR
Bloomberg Emerging Markets Local Bond ETF | |||||
|
Year
Ended
12/31/22 |
Year
Ended
12/31/21 |
Year
Ended
12/31/20 |
Six-month
Period
Ended
12/31/19(a) |
Year
Ended
6/30/19 |
Year
Ended
6/30/18 |
Net
asset value, beginning of
period
|
$24.37 |
$28.00 |
$27.83 |
$27.76 |
$27.08 |
$28.99 |
Income
(loss) from investment
operations:
|
||||||
Net
investment income (loss) (b) |
1.13 |
1.01 |
1.13 |
0.65 |
1.51 |
1.41 |
Net
realized and unrealized gain
(loss)
(c) |
(4.08) |
(3.72) |
0.05 |
0.15 |
0.45 |
(2.28) |
Total
from investment operations |
(2.95) |
(2.71) |
1.18 |
0.80 |
1.96 |
(0.87) |
Contribution
from Affiliate (Note 4) |
0.01 |
— |
— |
— |
0.01 |
— |
Other
capital (b) |
0.04 |
0.02 |
0.02 |
0.01 |
0.02 |
0.06 |
Distributions
to shareholders from:
|
||||||
Net
investment income |
(0.04) |
(0.81) |
(0.22) |
(0.07) |
(0.79) |
(0.67) |
Return
of Capital |
(0.94) |
(0.13) |
(0.81) |
(0.67) |
(0.52) |
(0.43) |
Total
distributions |
(0.98) |
(0.94) |
(1.03) |
(0.74) |
(1.31) |
(1.10) |
Net
asset value, end of period |
$20.49 |
$24.37 |
$28.00 |
$27.83 |
$27.76 |
$27.08 |
Total
return (d) |
(11.89)%(e) |
(9.74)% |
4.59% |
2.94% |
7.70%(f) |
(3.03)% |
Ratios
and Supplemental Data:
|
||||||
Net
assets, end of period (in 000s) |
$2,151,484 |
$1,179,569 |
$1,013,443 |
$1,015,629 |
$810,738 |
$519,933 |
Ratios
to average net assets:
|
||||||
Total
expenses |
0.31% |
0.30% |
0.30% |
0.30%(g) |
0.39% |
0.41% |
Net
expenses |
0.31% |
0.30% |
0.30% |
0.30%(g) |
0.38% |
0.41% |
Net
investment income (loss) |
5.45% |
3.86% |
4.26% |
4.69%(g) |
5.68% |
4.81% |
Portfolio
turnover rate (h) |
39% |
22% |
50% |
18%(i) |
43% |
83% |
(a) |
Effective
November 12, 2019, the Board of Trustees approved a change in fiscal year
end for the Fund from June 30 to December 31.
|
(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) |
If
an Affiliate had not made a contribution during the year ended December
31, 2022, the total return would have been
(11.93)%. |
(f) |
If
an Affiliate had not made a contribution during the year ended June 30,
2019, the total return would have been 7.66%. |
(g) |
Annualized. |
(h) |
Portfolio
turnover rate excludes securities received or delivered from in-kind
processing of creations or redemptions. |
(i) |
Not
annualized. |
|
SPDR
Bloomberg International Corporate Bond ETF | |||||
|
Year
Ended
12/31/22 |
Year
Ended
12/31/21 |
Year
Ended
12/31/20 |
Six-month
Period
Ended
12/31/19(a) |
Year
Ended
6/30/19 |
Year
Ended
6/30/18 |
Net
asset value, beginning of period
|
$34.46 |
$37.76 |
$33.98 |
$34.15 |
$33.87 |
$33.17 |
Income
(loss) from investment
operations:
|
|
|
|
|||
Net
investment income (loss) (b) |
0.23 |
0.12 |
0.18 |
0.14 |
0.29 |
0.25 |
Net
realized and unrealized gain (loss)
(c) |
(7.08) |
(3.30) |
3.74 |
(0.20) |
0.23 |
0.63 |
Total
from investment operations |
(6.85) |
(3.18) |
3.92 |
(0.06) |
0.52 |
0.88 |
Other
capital (b) |
0.01 |
0.01 |
0.02 |
0.02 |
0.00(d) |
0.04 |
Distributions
to shareholders from:
|
|
|
|
|
|
|
Net
investment income |
(0.15) |
(0.13) |
(0.04) |
(0.10) |
— |
(0.22) |
Return
of Capital |
— |
— |
(0.12) |
(0.03) |
(0.24) |
— |
Total
distributions |
(0.15) |
(0.13) |
(0.16) |
(0.13) |
(0.24) |
(0.22) |
Net
asset value, end of period |
$27.47 |
$34.46 |
$37.76 |
$33.98 |
$34.15 |
$33.87 |
Total
return (e) |
(19.86)% |
(8.41)% |
11.69% |
(0.15)% |
1.59% |
2.71% |
Ratios
and Supplemental Data:
|
|
|
|
|
|
|
Net
assets, end of period (in 000s) |
$140,105 |
$151,641 |
$260,546 |
$190,273 |
$167,358 |
$230,286 |
Ratios
to average net assets:
|
|
|
|
|
|
|
Total
expenses |
0.51% |
0.50% |
0.50% |
0.50%(f) |
0.51% |
0.50% |
Net
investment income (loss) |
0.78% |
0.32% |
0.54% |
0.81%(f) |
0.88% |
0.72% |
Portfolio
turnover rate (g) |
14% |
14% |
23% |
5%(h) |
16% |
23% |
(a) |
Effective
November 12, 2019, the Board of Trustees approved a change in fiscal year
end for the Fund from June 30 to December 31.
|
(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) |
Annualized. |
(g) |
Portfolio
turnover rate excludes securities received or delivered from in-kind
processing of creations or redemptions.
|
(h) |
Not
annualized. |
|
SPDR
Bloomberg International Treasury Bond ETF
| |||||
|
Year
Ended
12/31/22 |
Year
Ended
12/31/21 |
Year
Ended
12/31/20 |
Six-month
Period
Ended
12/31/19(a) |
Year
Ended
6/30/19 |
Year
Ended
6/30/18 |
Net
asset value, beginning of
period
|
$28.15 |
$31.22 |
$28.74 |
$28.87 |
$27.88 |
$27.56 |
Income
(loss) from investment
operations:
|
|
|||||
Net
investment income (loss) (b) |
0.34 |
0.28 |
0.35 |
0.19 |
0.39 |
0.31 |
Net
realized and unrealized gain
(loss)
(c) |
(5.87) |
(3.10) |
2.42 |
(0.13) |
0.92 |
0.24 |
Total
from investment operations |
(5.53) |
(2.82) |
2.77 |
0.06 |
1.31 |
0.55 |
Contribution
from Affiliate |
— |
— |
0.00(d) |
— |
— |
— |
Other
capital (b) |
0.00(d) |
0.01 |
0.01 |
0.00(d) |
0.01 |
0.01 |
Distributions
to shareholders
from:
|
|
|||||
Net
investment income |
(0.27) |
(0.26) |
(0.30) |
(0.19) |
(0.33) |
(0.24) |
Net
asset value, end of period |
$22.35 |
$28.15 |
$31.22 |
$28.74 |
$28.87 |
$27.88 |
Total
return (e) |
(19.66)% |
(9.01)% |
9.73%(f) |
0.20% |
4.78% |
2.02% |
Ratios
and Supplemental Data:
|
|
|||||
Net
assets, end of period (in 000s)
|
$1,115,366 |
$951,578 |
$1,011,547 |
$1,028,855 |
$1,122,866 |
$1,519,631 |
Ratios
to average net assets:
|
|
|||||
Total
expenses |
0.36% |
0.35% |
0.35% |
0.35%(g) |
0.38% |
0.50% |
Net
investment income (loss) |
1.43% |
0.95% |
1.19% |
1.31%(g) |
1.42% |
1.09% |
Portfolio
turnover rate (h) |
14% |
15% |
16% |
7%(i) |
18% |
29% |
(a) |
Effective
November 12, 2019, the Board of Trustees approved a change in fiscal year
end for the Fund from June 30 to December 31.
|
(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) |
If
an affiliate had not made a contribution during the year ended December
31, 2020, the total return would have remained
9.73%. |
(g) |
Annualized. |
(h) |
Portfolio
turnover rate excludes securities received or delivered from in-kind
processing of creations or redemptions.
|
(i) |
Not
annualized. |
|
SPDR
Bloomberg Short Term International Treasury Bond
ETF | |||||
|
Year
Ended
12/31/22 |
Year
Ended
12/31/21 |
Year
Ended
12/31/20 |
Six-month
Period
Ended
12/31/19(a) |
Year
Ended
6/30/19 |
Year
Ended
6/30/18 |
Net
asset value, beginning of period
|
$30.38 |
$32.84 |
$30.88 |
$31.05 |
$31.38 |
$31.23 |
Income
(loss) from investment
operations:
|
|
|
|
|||
Net
investment income (loss) (b) |
0.12 |
(0.03) |
0.05 |
0.07 |
0.16 |
0.00(c) |
Net
realized and unrealized gain (loss)
(d) |
(3.47) |
(2.26) |
1.94 |
(0.17) |
(0.10) |
0.28 |
Total
from investment operations |
(3.35) |
(2.29) |
1.99 |
(0.10) |
0.06 |
0.28 |
Contribution
from Affiliate (Note 4) |
0.00(c) |
— |
0.00(c) |
— |
— |
— |
Other
capital (b) |
(0.01) |
0.01 |
0.01 |
0.00(c) |
0.00(c) |
0.01 |
Distributions
to shareholders from:
|
|
|
|
|||
Net
investment income |
(0.12) |
(0.18) |
(0.04) |
— |
(0.33) |
(0.14) |
Return
of Capital |
— |
— |
— |
(0.07) |
(0.06) |
— |
Total
distributions |
(0.12) |
(0.18) |
(0.04) |
(0.07) |
(0.39) |
(0.14) |
Net
asset value, end of period |
$26.90 |
$30.38 |
$32.84 |
$30.88 |
$31.05 |
$31.38 |
Total
return (e) |
(11.07)%(f) |
(6.91)% |
6.49%(g) |
(0.36)% |
0.21% |
0.90% |
Ratios
and Supplemental Data:
|
|
|
|
|||
Net
assets, end of period (in 000s) |
$145,236 |
$170,134 |
$213,429 |
$299,496 |
$298,118 |
$332,582 |
Ratios
to average net assets:
|
|
|
|
|||
Total
expenses |
0.36% |
0.35% |
0.35% |
0.35%(h) |
0.36% |
0.35% |
Net
investment income (loss) |
0.45% |
(0.09)% |
0.16% |
0.43%(h) |
0.51% |
0.01% |
Portfolio
turnover rate (i) |
56% |
64% |
67% |
31%(j) |
66% |
63% |
(a) |
Effective
November 12, 2019, the Board of Trustees approved a change in fiscal year
end for the Fund from June 30 to December 31.
|
(b) |
Per
share numbers have been calculated using average shares outstanding, which
more appropriately presents the per share data for the
year. |
(c) |
Amount
is less than $0.005 per share. |
(d) |
Amounts
shown in this caption for a share outstanding may not accord with the
change in aggregate gains and losses in securities for the fiscal period
because
of the timing of sales and repurchases of Fund shares in relation to
fluctuating market values for the Fund. |
(e) |
Total
return is calculated assuming a purchase of shares at net asset value on
the first day and a sale at net asset value on the last day of each period
reported.
Distributions are assumed, for the purpose of this calculation, to be
reinvested at net asset value per share on the respective payment dates of
each
distribution. Total returns for periods of less than one year are not
annualized. Broker commission charges are not included in this
calculation.
|
(f) |
If
an affiliate had not made a contribution during the year ended ended
December 31, 2022, the total return would have remained
(11.07)% |
(g) |
If
an affiliate had not made a contribution during the year ended ended
December 31, 2020, the total return would have remained 6.49%.
|
(h) |
Annualized. |
(i) |
Portfolio
turnover rate excludes securities received or delivered from in-kind
processing of creations or redemptions. |
(j) |
Not
annualized. |
|
SPDR
FTSE International Government Inflation-Protected Bond ETF
| |||||
|
Year
Ended
12/31/22 |
Year
Ended
12/31/21 |
Year
Ended
12/31/20 |
Six-month
Period
Ended
12/31/19(a) |
Year
Ended
6/30/19 |
Year
Ended
6/30/18 |
Net
asset value, beginning of period
|
$53.95 |
$58.57 |
$55.28 |
$55.31 |
$54.63 |
$55.75 |
Income
(loss) from investment
operations:
|
|
|
|
|||
Net
investment income (loss) (b) |
4.91 |
2.56 |
1.02 |
0.66 |
1.92 |
1.73 |
Net
realized and unrealized gain (loss)
(c) |
(12.97) |
(4.71) |
3.17 |
0.19 |
0.57 |
(1.11) |
Total
from investment operations |
(8.06) |
(2.15) |
4.19 |
0.85 |
2.49 |
0.62 |
Contribution
from Affiliate (Note 4) |
0.00 |
— |
— |
— |
— |
0.00(d) |
Other
capital (b) |
0.03 |
0.02 |
0.03 |
0.01 |
0.03 |
0.11 |
Distributions
to shareholders from:
|
|
|
|
|||
Net
investment income |
(3.53) |
(2.49) |
(0.93) |
(0.87) |
— |
(1.18) |
Net
realized gains |
— |
— |
— |
— |
— |
(0.47) |
Return
of Capital |
(1.06) |
— |
— |
(0.02) |
(1.84) |
(0.20) |
Total
distributions |
(4.59) |
(2.49) |
(0.93) |
(0.89) |
(1.84) |
(1.85) |
Net
asset value, end of period |
$41.33 |
$53.95 |
$58.57 |
$55.28 |
$55.31 |
$54.63 |
Total
return (e) |
(15.41)%(f) |
(3.68)% |
7.76% |
1.58% |
4.78% |
1.21% |
Ratios
and Supplemental Data:
|
|
|
|
|
|
|
Net
assets, end of period (in 000s) |
$520,775 |
$453,227 |
$380,717 |
$431,216 |
$475,714 |
$568,158 |
Ratios
to average net assets:
|
|
|
|
|
|
|
Total
expenses |
0.51% |
0.50% |
0.50% |
0.50%(g) |
0.50% |
0.50% |
Net
investment income (loss) |
10.68% |
4.57% |
1.90% |
2.39%(g) |
3.60% |
3.02% |
Portfolio
turnover rate (h) |
37% |
20% |
28% |
8%(i) |
37% |
32% |
(a) |
Effective
November 12, 2019, the Board of Trustees approved a change in fiscal year
end for the Fund from June 30 to December 31.
|
(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) |
If
an Affiliate had not made a contribution during the year ended December 31
2022, the total return would have remained
(15.41)%. |
(g) |
Annualized. |
(h) |
Portfolio
turnover rate excludes securities received or delivered from in-kind
processing of creations or redemptions. |
(i) |
Not
annualized. |