SPDR® Bloomberg SASB® Corporate Bond ESG Select ETF RBND

Important Risk Disclosure

In general, ETFs can be expected to move up or down in value with the value of the applicable index. Although ETF shares may be bought and sold on the exchange through any brokerage account, ETF shares are not individually redeemable from the Fund. Investors may acquire ETFs and tender them for redemption through the Fund in Creation Unit Aggregations only. Please see the prospectus for more details.

ESG considerations may cause a fund to make different investment decisions than funds that do not incorporate such considerations in their strategy or investment processes. This could cause the Fund's investment performance to be worse than funds that do not incorporate such considerations. ESG considerations also may affect a fund’s exposure to certain sectors and/or types of investments, and may adversely impact the Fund's performance depending on whether such sectors or investments are in or out of favor in the market.

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 fund may invest in a relatively small number of issuers, a decline in the market value may affect its value more than if it invested in a larger number of issuers. While the Fund is expected to operate as a diversified fund, it may become non-diversified for periods of time solely as a result of changes in the composition of its benchmark index.

The Fund may not purchase securities of any issuer if, as a result, more than 5% of the Fund’s total assets would be invested in that issuer’s securities; except as may be necessary to approximate the composition of its target index. This limitation does not apply to obligations of the U.S. government or its agencies or instrumentalities.

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.

Intellectual Property Information: 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.

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 download a prospectus or summary prospectus now, or talk to your financial advisor. Read it carefully before investing.

NAV

NAV

The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

$25.18

as of Jul 22 2021

Base Currency

USD

Assets Under Management

$30.21 M

as of Jul 22 2021

Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

0.12%

Quick Links

Key Features

Key Features

  • Seeks to provide investment results that, before fees and expenses, correspond generally to the total return of the Bloomberg SASB® US Corporate ESG Ex-Controversies Select Index
  • Seeks to track an index that is designed to exclude securities involved in and/or which derive significant revenue from certain controversial business practices, industries or product lines and utilizes ESG scores to help weight the bonds, while also minimizing active total risk versus the Bloomberg Barclays US Corporate Index
  • May be used as an ESG core building block given that it seeks to track an index that is designed to exclude controversies and maximize the R-Factor™ ESG score upon which the benchmark index relies, which is based on the Sustainability Accounting Standards Board ("SASB") materiality framework, while also controlling for risk parameters

About this Benchmark

About this Benchmark

The Bloomberg SASB US Corporate ESG Ex-Controversies Select Index (the “Index”) is designed to measure the performance of investment grade corporate bonds issued by companies that exhibit certain environmental, social and governance (“ESG”) characteristics, while also minimizing active total risk versus the Bloomberg Barclays US Corporate Index (the “Parent Index”). The Parent Index represents publicly issued, investment grade, fixed-rate, taxable, U.S. dollar-denominated corporate bonds issued by U.S. and non-U.S. industrial, utility, and financial institutions that have a remaining maturity of greater than or equal to 1 year and have $300 million or more of par amount outstanding.

The R-FactorTM score measures the performance of a company's business operations and governance as related to financially material ESG challenges facing the issuer's industry. The R-FactorTM scoring process comprises two underlying components, an ESG component and a corporate governance component. The ESG component is based on the framework published by the Sustainability Accounting Standards Board, which attempts to identify ESG issues that are financially material to an issuer based on its industry classification. The Index utilizes an optimizer that deploys a quantitative process to select constituents and their weights to maximize the Index's overall R-FactorTM score while minimizing active total risk versus the Parent Index.


Fund Information as of Jul 23 2021

Fund Information as of Jul 23 2021
Benchmark Inception Date Options Available Marginable Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

Base Currency Trustee
Bloomberg SASB US Corporate ESG Ex-Controversies Select Index Nov 09 2020 No No 0.12% USD Fund Board of Trustees
Benchmark Bloomberg SASB US Corporate ESG Ex-Controversies Select Index
Inception Date Nov 09 2020
Options Available No
Marginable No
Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

0.12%
Base Currency USD
Trustee Fund Board of Trustees
Custodian Investment Manager Management Team Distributor Distribution Frequency
State Street Bank and Trust Company SSGA Funds Management, Inc. Fixed Income, Currency & Cash Investments Team State Street Global Advisors Funds Distributors, LLC Monthly
Custodian State Street Bank and Trust Company
Investment Manager SSGA Funds Management, Inc.
Management Team Fixed Income, Currency & Cash Investments Team
Distributor State Street Global Advisors Funds Distributors, LLC
Distribution Frequency Monthly

Listing Information as of Jul 23 2021

Listing Information as of Jul 23 2021
Exchange Listing Date Trading Currency Ticker CUSIP ISIN
NYSE ARCA EXCHANGE Nov 10 2020 USD RBND 78468R614 US78468R6146
Exchange NYSE ARCA EXCHANGE
Listing Date Nov 10 2020
Trading Currency USD
Ticker RBND
CUSIP 78468R614
ISIN US78468R6146

Fund Characteristics as of Jul 22 2021

Fund Characteristics as of Jul 22 2021
Number of Holdings Average Coupon

Average Coupon

The [market value] weighted average coupon of the bonds in a portfolio.

Average Maturity in Years

Average Maturity

The market value-weighted average maturity of the bonds and loans in a portfolio, where maturity is defined as the stated final for bullet maturity bonds and loans.

Average Price Average Yield To Worst

The lowest potential yield that can be received on a bond without the issuer actually defaulting. The YTW is calculated by making worst-case scenario assumptions on the issue by calculating the return that would be received if the issuer uses provisions, including prepayments. When aggregating YTW for a portfolio level statistic, the weighted average of the YTW and market value for each security is used.

Current Yield

Current Yield

A bond's annual return based on its annual coupon payments and current price (as opposed to its original price or face). The formula for current yield is a bond's annual coupons divided by its current price. When aggregating Current Yield for a portfolio level statistic, the weighted average of the Current Yield and market value for each security is used.

Option Adjusted Duration

Option Adjusted Duration

An option-adjusted measure of a bond's (or portfolio's) sensitivity to changes in interest rates calculated as the average percentage change in a bond's value (price plus accrued interest) under shifts of the Treasury curve +/- 100 bps. Incorporates the effect of embedded options for corporate bonds and changes in prepayments for mortgage-backed securities.

436 4.04% 12.41 $116.51 1.93% 3.34% 8.86 years
Number of Holdings 436
Average Coupon

Average Coupon

The [market value] weighted average coupon of the bonds in a portfolio.

4.04%
Average Maturity in Years

Average Maturity

The market value-weighted average maturity of the bonds and loans in a portfolio, where maturity is defined as the stated final for bullet maturity bonds and loans.

12.41
Average Price $116.51
Average Yield To Worst

The lowest potential yield that can be received on a bond without the issuer actually defaulting. The YTW is calculated by making worst-case scenario assumptions on the issue by calculating the return that would be received if the issuer uses provisions, including prepayments. When aggregating YTW for a portfolio level statistic, the weighted average of the YTW and market value for each security is used.

1.93%
Current Yield

Current Yield

A bond's annual return based on its annual coupon payments and current price (as opposed to its original price or face). The formula for current yield is a bond's annual coupons divided by its current price. When aggregating Current Yield for a portfolio level statistic, the weighted average of the Current Yield and market value for each security is used.

3.34%
Option Adjusted Duration

Option Adjusted Duration

An option-adjusted measure of a bond's (or portfolio's) sensitivity to changes in interest rates calculated as the average percentage change in a bond's value (price plus accrued interest) under shifts of the Treasury curve +/- 100 bps. Incorporates the effect of embedded options for corporate bonds and changes in prepayments for mortgage-backed securities.

8.86 years
Option Adjusted Spread Real Adjusted Duration

Real Adjusted Duration

A measure of the percentage price change of an inflation linked security associated with a change in real interest rates.

Yield to Maturity

Yield to Maturity

The market weighted average rate of return anticipated on the bonds held in a portfolio if they were to be held to their maturity date.

Subject to AMT
83.13 8.68 years 1.98% -
Option Adjusted Spread 83.13
Real Adjusted Duration

Real Adjusted Duration

A measure of the percentage price change of an inflation linked security associated with a change in real interest rates.

8.68 years
Yield to Maturity

Yield to Maturity

The market weighted average rate of return anticipated on the bonds held in a portfolio if they were to be held to their maturity date.

1.98%
Subject to AMT -

Index Characteristics as of Jul 22 2021

Index Characteristics as of Jul 22 2021
Number of Holdings Average Coupon Average Maturity in Years Average Price Average Yield To Worst Convexity Current Yield
3,283 4.08% 12.46 $117.73 1.94% 1.46% 3.38%
Number of Holdings 3,283
Average Coupon 4.08%
Average Maturity in Years 12.46
Average Price $117.73
Average Yield To Worst 1.94%
Convexity 1.46%
Current Yield 3.38%
Option Adjusted Duration Option Adjusted Spread Real Adjusted Duration Yield to Maturity
8.89 years 84.28 8.70 years 1.98%
Option Adjusted Duration 8.89 years
Option Adjusted Spread 84.28
Real Adjusted Duration 8.70 years
Yield to Maturity 1.98%

Yields as of Jul 22 2021

Yields as of Jul 22 2021
30 Day SEC Yield

30 Day SEC Yield

(Also known as Standardized Yield) An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price.

30 Day SEC Yield (Unsubsidized)

30 Day SEC Yield (Unsubsidized)

An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price that does not account for expense ratio waivers.

Fund Distribution Yield

Fund Distribution Yield

The sum of the most recent 12 distributions within the past 365 days divided by Net Asset Value per share, expressed as a percentage.

Tax Equivalent Yield

Taxable Equivalent Yield

Return that is required on a taxable investment to make it equal to the return on a tax-exempt investment. Tax equivalent yield is based on the Fund's 30 Day SEC Yield and the highest marginal federal income tax rate.

1.87% - 1.22% -
30 Day SEC Yield

30 Day SEC Yield

(Also known as Standardized Yield) An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price.

1.87%
30 Day SEC Yield (Unsubsidized)

30 Day SEC Yield (Unsubsidized)

An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price that does not account for expense ratio waivers.

-
Fund Distribution Yield

Fund Distribution Yield

The sum of the most recent 12 distributions within the past 365 days divided by Net Asset Value per share, expressed as a percentage.

1.22%
Tax Equivalent Yield

Taxable Equivalent Yield

Return that is required on a taxable investment to make it equal to the return on a tax-exempt investment. Tax equivalent yield is based on the Fund's 30 Day SEC Yield and the highest marginal federal income tax rate.

-

Fund Market Price as of Jul 22 2021

Fund Market Price as of Jul 22 2021
Bid/Ask

Bid/Ask Mid Point

(Also known as Mid Price) The price between the best price of the sellers for a trading unit of a given security and the best price of the buyer of a trading unit of a given security.

Closing Price

Closing Price

Market Price of last reported trade on the exchange.

Day High Day Low Exchange Volume (Shares)

Exchange Volume (shares)

Represents the volume of shares traded on the ETF's primary exchange throughout the previous business day.

Premium/Discount

Premium/Discount to NAV

Shows the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds calculated as ((4PM Bid/Ask - Closing NAV) / Closing NAV * 100)

30-Day Median Bid/Ask Spread

The median bid-ask spread is calculated by identifying national best bid and national best offer ("NBBO") for each Fund as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between each such bid and offer by the midpoint of the NBBO. The median of those values is identified and posted on each business day.

$25.20 - - - 0 0.11% 0.16%
Bid/Ask

Bid/Ask Mid Point

(Also known as Mid Price) The price between the best price of the sellers for a trading unit of a given security and the best price of the buyer of a trading unit of a given security.

$25.20
Closing Price

Closing Price

Market Price of last reported trade on the exchange.

-
Day High -
Day Low -
Exchange Volume (Shares)

Exchange Volume (shares)

Represents the volume of shares traded on the ETF's primary exchange throughout the previous business day.

0
Premium/Discount

Premium/Discount to NAV

Shows the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds calculated as ((4PM Bid/Ask - Closing NAV) / Closing NAV * 100)

0.11%
30-Day Median Bid/Ask Spread

The median bid-ask spread is calculated by identifying national best bid and national best offer ("NBBO") for each Fund as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between each such bid and offer by the midpoint of the NBBO. The median of those values is identified and posted on each business day.

0.16%
Premium Discount to NAV Graph and Summary

The line graph and table below show historical information about the differences between the daily closing price for shares of the fund (as determined by the fund’s listing exchange) and the fund’s net asset value over certain periods. The vertical axis of the line graph shows the premium/discount expressed as a percentage of NAV. The horizontal axis indicates the date at which the premium/discount occurred. The table shows the number of trading days in which the fund traded at a premium or at a discount to NAV.

x axis: Dates
y axis: Premium or Discount (bps)
Number of Days Summary
Calendar Year 2020 First Quarter of 2021 Second Quarter of 2021
Days Traded at Premium

Number of days the ETF 4PM Bid/Ask was above the NAV.

36 46 59
Days Traded at Discount

Number of days the ETF 4PM Bid/Ask was below the NAV.

0 15 4
Days Traded at Premium

Number of days the ETF 4PM Bid/Ask was above the NAV.

Calendar Year 2020 36
First Quarter of 2021 46
Second Quarter of 2021 59
Days Traded at Discount

Number of days the ETF 4PM Bid/Ask was below the NAV.

Calendar Year 2020 0
First Quarter of 2021 15
Second Quarter of 2021 4
Fund Data

Because ETFs trade like stocks at current market prices, shareholders may pay more than a fund’s NAV when purchasing fund shares and may receive less than a fund’s NAV when selling fund shares.

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 download a prospectus or summary prospectus now, or talk to your financial advisor. Read it carefully before investing.


Fund Net Cash Amount as of Jul 22 2021

Fund Net Cash Amount as of Jul 22 2021
Net Cash Amount
$589,109.93
Net Cash Amount $589,109.93

Fund Net Asset Value as of Jul 22 2021

Fund Net Asset Value as of Jul 22 2021
NAV

NAV

The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

Shares Outstanding Assets Under Management
$25.18 1.20 M $30.21 M
NAV

NAV

The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

$25.18
Shares Outstanding 1.20 M
Assets Under Management $30.21 M
Most Recent NAV / NAV History

Fund Performance

Fund Performance

  • Fund Inception Date: Nov 09 2020

as of Jun 30 2021

as of Jun 30 2021

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Nov 09 2020
Fund Before Tax
NAV Jun 30 2021 1.63% 3.48% -1.38% - - - - 0.78%
Market Value Jun 30 2021 1.88% 3.31% -1.43% - - - - 0.88%
Bloomberg SASB US Corporate ESG Ex-Controversies Select Index Jun 30 2021 1.66% 3.55% -1.24% 3.17% - - - 0.94%
Fund After Tax
Return after Taxes on Distributions Jun 30 2021 1.56% 3.27% -1.71% - - - - 0.34%
Return after Taxes on Distributions and Sale of Fund Shares Jun 30 2021 0.96% 2.06% -0.82% - - - - 0.46%
Bloomberg SASB US Corporate ESG Ex-Controversies Select Index Jun 30 2021 1.66% 3.55% -1.24% 3.17% - - - 0.94%
As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Nov 09 2020
Fund Before Tax
NAV Jun 30 2021 1.63% 3.48% -1.38% - - - - 0.78%
Market Value Jun 30 2021 1.88% 3.31% -1.43% - - - - 0.88%
Bloomberg SASB US Corporate ESG Ex-Controversies Select Index Jun 30 2021 1.66% 3.55% -1.24% 3.17% - - - 0.94%
Fund After Tax
Return after Taxes on Distributions Jun 30 2021 1.56% 3.27% -1.71% - - - - 0.34%
Return after Taxes on Distributions and Sale of Fund Shares Jun 30 2021 0.96% 2.06% -0.82% - - - - 0.46%
Bloomberg SASB US Corporate ESG Ex-Controversies Select Index Jun 30 2021 1.66% 3.55% -1.24% 3.17% - - - 0.94%

Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Performance of an index is not illustrative of any particular investment.  It is not possible to invest directly in an index.

Performance returns for periods of less than one year are not annualized.  Performance is shown net of fees.

The market price used to calculate the Market Value return is the midpoint between the highest bid and the lowest offer on the exchange on which the shares of the Fund are listed for trading, as of the time that the Fund's NAV is calculated. If you trade your shares at another time, your return may differ.

Gross Expense Ratio: 0.12%


Top Holdings

Subject to change.

Top Holdings

Subject to change.

Fund Top Holdingsas of Jul 22 2021
Index Top Holdingsas of Jul 22 2021

Fund Top Holdings as of Jul 22 2021

Name Market Value ISIN Weight
CISCO SYSTEMS INC 5.9 02/15/2039 373,290.14 US17275RAD44 1.24%
DEUTSCHE TELEKOM INT FIN 8.75 06/15/2030 303,924.61 US25156PAC77 1.01%
AT&T INC 6.55 02/15/2039 294,389.06 US00206RAS13 0.97%
LLOYDS BANKING GROUP PLC 2.438 02/05/2026 264,424.90 US539439AV19 0.88%
VODAFONE GROUP PLC 5 05/30/2038 258,444.44 US92857WBL37 0.86%
ANHEUSER-BUSCH INBEV WOR 8.2 01/15/2039 252,932.17 US03523TBF49 0.84%
BOSTON PROPERTIES LP 3.8 02/01/2024 244,788.75 US10112RAW43 0.81%
APPLE INC 4.65 02/23/2046 238,786.77 US037833BX70 0.79%
RIO TINTO FIN USA PLC 4.75 03/22/2042 236,996.08 US76720AAD81 0.78%
DIAGEO CAPITAL PLC 3.875 05/18/2028 231,427.78 US25243YAZ25 0.77%
Download All Holdings: Daily

Index Top Holdings as of Jul 22 2021

Name ISIN Weight
DEUTSCHE TELEKOM INT FIN 8.75 06/15/2030 US25156PAC77 0.90%
BRITISH TELECOMMUNICATIO 9.625 12/15/2030 US111021AE12 0.76%
CISCO SYSTEMS INC 5.9 02/15/2039 US17275RAD44 0.65%
CISCO SYSTEMS INC 5.5 01/15/2040 US17275RAF91 0.62%
VODAFONE GROUP PLC 6.15 02/27/2037 US92857WAQ33 0.53%
BECTON DICKINSON AND CO 4.669 06/06/2047 US075887BX67 0.41%
AXA SA 8.6 12/15/2030 US054536AA57 0.41%
APPLE INC 2.8 02/08/2061 US037833EG11 0.39%
LLOYDS BANKING GROUP PLC 4.344 01/09/2048 US53944YAE32 0.38%
LLOYDS BANKING GROUP PLC 4.65 03/24/2026 US53944YAB92 0.37%

Sector Allocation

Sector Allocation
Fund Sector Breakdownas of Jul 22 2021
Index Sector Breakdownas of Jul 22 2021

Fund Sector Breakdown as of Jul 22 2021

Sector Weight
CORPORATE - INDUSTRIAL 62.29%
Corporate - Finance 29.73%
Corporate - Utility 6.88%
Cash 1.10%
OTHER 0.00%

Index Sector Breakdown as of Jul 22 2021

Sector Weight
CORPORATE - INDUSTRIAL 63.20%
Corporate - Finance 29.92%
Corporate - Utility 6.89%

Quality Breakdown

Quality Breakdown
Fund Quality Breakdownas of Jul 22 2021
Index Quality Breakdownas of Jul 22 2021

Fund Quality Breakdown as of Jul 22 2021

Name Weight
Aaa 3.34%
Aa 8.20%
A 40.46%
Baa 48.00%

Index Quality Breakdown as of Jul 22 2021

Name Weight
Aaa 2.19%
Aa 8.24%
A 39.32%
Baa 50.24%

Maturity Ladder

Maturity Ladder
Fund Maturity Ladderas of Jul 22 2021
Index Maturity Ladderas of Jul 22 2021

Fund Maturity Ladder as of Jul 22 2021

Name Weight
0 - 1 Year 2.81%
1 - 2 Years 5.30%
2 - 3 Years 10.38%
3 - 5 Years 11.18%
5 - 7 Years 14.67%
7 - 10 Years 14.30%
10 - 15 Years 3.24%
15 - 20 Years 13.72%
20 - 30 Years 20.31%
> 30 Years 4.10%

Index Maturity Ladder as of Jul 22 2021

Name Weight
1 - 2 Years 8.69%
2 - 3 Years 6.48%
3 - 5 Years 15.77%
5 - 7 Years 12.27%
7 - 10 Years 14.75%
10 - 15 Years 4.94%
15 - 20 Years 9.89%
20 - 30 Years 24.06%
> 30 Years 3.15%

Purchase Information

Purchase Information

Buying and Selling ETFs

ETFs are flexible and easy to trade. Investors buy and sell them like stocks, typically through a brokerage account. Investors can also employ traditional stock trading techniques; including stop orders, limit orders, margin purchases, and short sales using ETFs. They are listed on major US Stock Exchanges.

ETFs are subject to risk similar to those of stocks including those regarding short-selling and margin account maintenance.

Ordinary brokerage commissions may apply.


Fund Footnotes

In general, ETFs can be expected to move up or down in value with the value of the applicable index. Although ETF shares may be bought and sold on the exchange through any brokerage account, ETF shares are not individually redeemable from the Fund. Investors may acquire ETFs and tender them for redemption through the Fund in Creation Unit Aggregations only. Please see the prospectus for more details.

After-tax returns are calculated based on NAV using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor's tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.

Performance of an index is not illustrative of any particular investment. It is not possible to invest directly in an index.

Holdings and sectors shown are as of the date indicated and are subject to change. This information should not be considered a recommendation to invest in a particular sector or to buy or sell any security shown. It is not known whether the sectors or securities shown will be profitable in the future.

Unless otherwise noted all information contained herein is that of the SPDR® Bloomberg SASB® Corporate Bond ESG Select ETF.

As with all stocks, you may be required to deposit more money or securities into your margin account if the equity, including the amount attributable to your ETF shares, declines.

BLOOMBERG®, a trademark and service mark of Bloomberg Finance L.P. and its affiliates, and BARCLAYS®, a trademark and service mark of Barclays Bank Plc, have each been licensed for use in connection with the listing and trading of the SPDR Bloomberg Barclays ETFs.

SASB does not take any position as to whether an issuer should be included or excluded from the Bloomberg SASB US Corporate ESG Ex-Controversies Select Index.