State Street Global Advisors Announces SPDR® ETF Share Splits

BOSTON–(BUSINESS WIRE)–State Street Global Advisors, the asset management business of State
Street Corporation (NYSE: STT), today announced share splits on 10 SPDR
ETFs. The splits lower the funds’ share prices and increase the number
of outstanding shares. The aggregate market value of shares outstanding
is not impacted.

The share split will apply to shareholders of record as of market close
on October 11, 2017 and are payable after market close on October 13,
2017. The shares will trade at their post-split price effective October
16, 2017. The SPDR ETFs include:

Ticker     Fund     Price as of 9/15/17     Split     Est. Post-Split Price

SPDR Russell 3000® ETF

$185.52 6:1 $30.92

SPDR Russell 1000® ETF

$116.80 4:1 $29.20

SPDR S&P 1000® ETF

$92.42 3:1 $30.81

SPDR Russell 2000® ETF

$84.10 3:1 $28.03

SPDR S&P 500® Growth ETF

$123.55 4:1 $30.89
SPYV SPDR S&P 500 Value ETF $114.81 4:1 $28.70

SPDR S&P® Emerging Markets ETF

$74.12 2:1 $37.06

SPDR Bloomberg Barclays
Aggregate Bond ETF

$57.90 2:1 $28.95

SPDR Bloomberg Barclays Long
Term Corporate Bond ETF

$41.89 3:2 $27.92

SPDR Bloomberg Barclays Long
Term Treasury ETF

$73.12 2:1 $36.56



Source: State Street Global Advisors and Bloomberg

About SPDR Exchange Traded Funds

SPDR ETFs are a comprehensive family spanning an array of international
and domestic asset classes. SPDR ETFs are managed by SSGA Funds
Management, Inc., a registered investment adviser and wholly owned
subsidiary of State Street Corporation. The funds provide investors with
the flexibility to select investments that are precisely aligned to
their investment strategy. Recognized as an industry pioneer, State
Street created the first US listed ETF in 1993 (SPDR S&P 500®
– Ticker SPY) and has remained on the forefront of responsible
innovation, as evidenced by the introduction of many ground-breaking
products, including first-to-market launches with gold, international
real estate, international fixed income, and sector ETFs. For more
information, visit

About State Street Global Advisors

For nearly four decades, State Street Global Advisors has been committed
to helping financial professionals and those who rely on them achieve
their investment objectives. We partner with institutions and financial
professionals to help them reach their goals through a rigorous,
research-driven process spanning both active and index disciplines. We
take pride in working closely with our clients to develop precise
investment strategies, including our pioneering family of SPDR ETFs.
With trillions* in assets under management, our scale and global
footprint provide access to markets and asset classes, and allow us to
deliver expert insights and investment solutions.

State Street Global Advisors is the investment management arm of State
Street Corporation.

* Assets under management were $2.61 trillion as of June 30, 2017.
AUM reflects approx. $34 billion (as of June 30, 2017) with respect to
which State Street Global Advisors Funds Distributors, LLC (SSGA FD)
serves as marketing agent; SSGA FD and State Street Global Advisors are

Important Risk Information:

Equity securities may fluctuate in value in response to the
activities of individual companies and general market and economic

Returns on investments in stocks of large U.S. companies could
trail the returns on investments in stocks of smaller and mid-sized

Investments in mid-sized companies may involve greater risks than
those in larger, better known companies, but may be less volatile than
investments in smaller companies.

Investments in small-sized companies may involve greater risks
than in those of larger, better known companies. Returns on investments
in stocks of small companies could trail the returns on investments in
stocks of larger companies.

Companies with large market capitalizations go in and out of
favor based on market and economic conditions. Larger companies tend to
be less volatile than companies with smaller market capitalizations. In
exchange for this potentially lower risk, the value of the security may
not rise as much as companies with smaller market capitalizations.

Foreign (non-U.S.) Securities may be subject to greater
political, economic, environmental, credit and information risks.
Foreign securities may be subject to higher volatility than U.S.
securities, due to varying degrees of regulation and limited liquidity.
These risks are magnified in emerging markets.

Bonds generally present less short-term risk and volatility than
stocks, but contain interest rate risk (as interest rates rise, bond
prices usually fall); issuer default risk; issuer credit risk; liquidity
risk; and inflation risk. These effects are usually pronounced for
longer-term securities. Any fixed income security sold or redeemed prior
to maturity may be subject to a substantial gain or loss.

Non-diversified funds that focus on a relatively small number of
securities tend to be more volatile than diversified funds and the
market as a whole.

Value stocks can perform differently from the market as a whole.
They can remain undervalued by the market for long periods of time.

Passively managed funds hold a range of securities that, in the
aggregate, approximates the full Index in terms of key risk factors and
other characteristics. This may cause the fund to experience tracking
errors relative to performance of the index.

While the shares of ETFs are tradable on secondary markets, they may not
readily trade in all market conditions and may trade at significant
discounts in periods of market stress.

ETFs trade like stocks, are subject to investment risk, fluctuate
in market value and may trade at prices above or below the ETFs net
asset value. Brokerage commissions and ETF expenses will reduce returns.

Distributor: State Street Global Advisors Funds Distributors,
LLC, member FINRA, SIPC, an indirect wholly owned subsidiary of State
Street Corporation. References to State Street may include State Street
Corporation and its affiliates. Certain State Street affiliates provide
services and receive fees from the SPDR ETFs.

Before investing, consider the funds’ investment objectives, risks,
charges and expenses. To obtain a prospectus or summary prospectus which
contains this and other information, call 1-866-787-2257 or visit
Read it carefully.

Not FDIC Insured • No Bank Guarantee • May Lose Value


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