State Street Global Advisors Announces Impact of Receiving Settlement Payment
May 03 2016 - 5:00PM
Business Wire
The SPDR® Exchange Traded Fund (ETF) listed in the table below,
announced today that the Fund received a payment as an authorized
claimant from a class action settlement related to Winn Dixie
Stores, Inc. (NYSE: WINN).
The total payment to be received by the Fund is listed below.
When the Fund calculates its net asset value (“NAV”) per share on
Wednesday, May 4, 2016, it is estimated that the Fund’s NAV will be
impacted in the amount stated below based on shares outstanding as
of May 2, 2016.
Fund Payment Amount
Shares Outstanding as ofMay 2,
2016
Per Share Impact SPDR® S&P Retail
ETF (XRT) $198,778
8,600,226 $0.0231
SSGA manages approximately $443 billion in SPDR ETF assets
worldwide (as of 3/31/16) and is one of the largest ETF providers
in the US and globally.
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 www.spdrs.com.
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 trillion as of March 31,
2016. Assets under management include approximately $33 billion as
of March 31, 2016, for which State Street Global Markets, LLC, an
affiliate of SSGA, serves as the distribution agent.
CORP-1945
Exp. Date: 4/30/2018
For public use.
Important Risk Information:
Investing involves risk including the risk of loss of
principal
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.
The information provided does not constitute investment advice
and it should not be relied on as such. It should not be considered
a solicitation to buy or an offer to sell a security. It does not
take into account any investor's particular investment objectives,
strategies, tax status or investment horizon. You should consult
your tax and financial advisor. All material has been obtained from
sources believed to be reliable. There is no representation or
warranty as to the accuracy of the information and State Street
shall have no liability for decisions based on such
information.
Distributor: State Street Global Markets, LLC, member
FINRA, SIPC, a 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. ALPS Distributors, Inc., a
registered broker-dealer, is distributor for SPDR® S&P® 500,
SPDR® S&P® MidCap 400 and SPDR Dow Jones Industrial Average,
and all unit investment trusts. ALPS Portfolio Solutions
Distributor, Inc. is distributor for Select Sector SPDRs. ALPS
Distributors, Inc. and ALPS Portfolio Solutions Distributor, Inc.
are not affiliated with State Street Global Markets, LLC.
Before investing, consider the funds' investment objectives,
risks, charges and expenses. To obtain a prospectus which contains
this and other information, call 1-866-787-2257 or visit
www.spdrs.com. Read it carefully.
Not FDIC Insured • No Bank Guarantee • May Lose Value
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version on businesswire.com: http://www.businesswire.com/news/home/20160503007131/en/
State Street CorporationAndrew Hopkins, +1
617-664-2422Ahopkins2@StateStreet.com
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