The SPDR® Exchange Traded Fund (ETF) listed in the table below,
announced today that the Fund received a payment as authorized
claimant from a class action settlement related to Aeropostale,
Inc. (NYSE: ARO).
The total payment to be received by the Fund is listed below.
When the Fund calculates its net asset value (“NAV”) per share on
Tuesday, June 13, 2017, it is estimated that the Fund’s NAV will be
impacted by the amount stated below based on shares outstanding as
of Friday, June 9, 2017.
Fund Payment Amount
Shares Outstanding as of June 9,
2017
Per Share Impact SPDR S&P Retail ETF (XRT)
$140,176 7,900,226
$0.0177
SSGA manages approximately $558 billion in SPDR ETF assets
worldwide (as of March 31, 2017) 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 $2.56 trillion as of March 31,
2017. AUM reflects approx. $33.33 billion (as of March 31, 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 affiliated.
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.
Funds investing in a single sector may be subject to more
volatility than funds investing in a diverse group of sectors.
Frequent trading of ETFs could significantly increase
commissions and other costs such that they may offset any savings
from low fees or costs.
Diversification does not ensure a profit or guarantee
against loss.
Equity securities may fluctuate in value in response to
the activities of individual companies and general market and
economic conditions.
Standard & Poor’s®, S&P® and SPDR® are registered
trademarks of Standard & Poor’s Financial Services LLC
(S&P); Dow Jones is a registered trademark of Dow Jones
Trademark Holdings LLC (Dow Jones); and these trademarks have been
licensed for use by S&P Dow Jones Indices LLC (SPDJI) and
sublicensed for certain purposes by State Street Corporation. State
Street Corporation’s financial products are not sponsored,
endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their
respective affiliates and third party licensors and none of such
parties make any representation regarding the advisability of
investing in such product(s) nor do they have any liability in
relation thereto, including for any errors, omissions, or
interruptions of any index.
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 objective,
risks, charges and expenses. To obtain a prospectus or summary
prospectus which contains this and other information, call
1-866-787-2257 or visit www.spdrs.com. Read it
carefully.
© 2017 State Street Corporation. All Rights Reserved.
State Street Corporation, One Lincoln Street, Boston, MA
02111
Not FDIC Insured - No Bank Guarantee - May Lose Value
CORP-3023
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version on businesswire.com: http://www.businesswire.com/news/home/20170612006274/en/
State Street CorporationAndrew Hopkins, +1
617-664-2422Ahopkins2@StateStreet.com
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