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Home   »   ETFs : SPDR® S&P® Global Infrastructure ETF (GII)
GII

SPDR® S&P® Global Infrastructure ETF

Fund Objective

The SPDR® S&P® Global Infrastructure ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P® Global Infrastructure Index.

Ordinary brokerage commissions may apply.

Fund Information

As of 07/04/2015
Ticker SymbolGII
Primary BenchmarkS&P Global Infrastructure Index
CUSIP78463X855
30 Day SEC Yield3.99%
Short Selling AllowedYes
Options AvailableNo
Gross Expense Ratio

The gross expense ratio is 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.

0.40%
Inception Date01/25/2007
Investment ManagerSSGA Funds Management, Inc.
Management TeamETF Management Team - Non US
DistributorState Street Global Markets, LLC
Distribution FrequencySemi-Annual
ExchangeNYSE ARCA EXCHANGE

Fund Characteristics

As of 07/02/2015
Earnings Growth 5 Year

The Estimated 3-5 Year EPS Growth 

Based on the underlying holdings of the fund. The actual earnings estimates for the underlying holdings are provided by FactSet, First Call, I/B/E/S Consensus, and Reuters and are used to calculate a mean 3-5 year EPS growth rate estimate.

10.37%
Number of Holdings89
Price/Book Ratio

Price/Book Ratio

Current market price of the stock divided by the most recent reported book value for the prior fiscal year.

1.95
Price/Earnings Ratio FY1

Price/Earnings Ratio FY1

Closing price divided by the sum of the forecasted fiscal year earnings per share.

20.61
Weighted Average Market Cap$24,590.94 M

Yields

As of 07/01/2015
30 Day SEC Yield

30 Day SEC Yield (Standardized Yield) 

An annualized yield that is calculated by dividing the investment income earned by the fund less expenses over the most recent 30-day period by the current maximum offering price.

3.04%
Fund Dividend Yield

Fund Dividend Yield is the sum of the most recent 12 dividends within the past 365 days divided by Net Asset Value per share, expressed as a percentage.

2.92%
Index Dividend Yield

Index Dividend Yield is the weighted average of the underlyings' indicated annual dividend divided by price, expressed as a percentage.

3.75%

Index Characteristics

As of 07/01/2015
Earnings Growth 3 Year

The Estimated 3-5 Year EPS Growth 

Based on the underlying holdings of the fund. The actual earnings estimates for the underlying holdings are provided by FactSet, First Call, I/B/E/S Consensus, and Reuters and are used to calculate a mean 3-5 year EPS growth rate estimate.

10.24%
Number of Holdings76
Price/Cash Flow

Price/Cash Flow

The weighted average of current share price divided by operating cash flow per share for each security in the fund.

9.57
Price/Earnings

Price/Earnings

The weighted average of current share price divided by the income earned per share for each security in the fund.

19.97
Price/Earnings Ratio FY1

Price/Earnings Ratio FY1

Closing price divided by the sum of the forecasted fiscal year earnings per share.

20.42
Return On Equity

Return on Equity

The weighted average of the rate of return for each security in the fund.  ROE is a measure of how well a company used reinvested earnings to generate additional earnings.

9.52%

Fund Documents

Fund Market Price

As of 07/01/2015
Bid/Ask$46.76
Closing Price$46.95
Day High$47.27
Day Low$46.90
Exchange Volume (shares)

The Exchange Volume represents the volume of shares traded on the ETF's primary exchange throughout the previous business day.

921
Premium/Discount-0.30%
Premium Discount to Nav Chart

Fund Net Asset Value

NAV

Market value of a mutual fund's and ETF's total assets, minus liabilities, divided by the number of shares outstanding

As of 07/01/2015
Price$46.90
Shares Outstanding2.10 M
Total Net Assets$98.49 M
Most Recent NAV / NAV History XLS

Fund Net Cash Amount

As of 07/01/2015
Net Cash Amount$515,114.34

Index Statistics

As of 07/01/2015
Weighted Average Market Cap$21,613.62 M
Average Size
Mean$13,356.30 M
Median$5,633.94 M
Size Range
Largest$68,764.47 M
Smallest$292.66 M

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 apply.

Performance Graphs

Month End as of 05/31/2015

Fund Inception Date: 01/25/2007

Inception Date of Index After Change: 12/29/2006

Inception Date of Index Prior To Change: 06/30/2000

<performance fundName="SPDR&lt;sup&gt;®&lt;/sup&gt; S&amp;P&lt;sup&gt;®&lt;/sup&gt; Global Infrastructure ETF" bmarkName="S&amp;P Global Infrastructure Index" secondBmarkName="Macquarie Global Infrastructure 100 Index"><funds><field>1 Month</field><fund>-1.58</fund><index>-1.64</index><secondIndex>-0.37</secondIndex><tertiaryIndex></tertiaryIndex></funds><funds><field>QTD</field><fund>2.70</fund><index>2.64</index><secondIndex>2.20</secondIndex><tertiaryIndex></tertiaryIndex></funds><funds><field>YTD</field><fund>1.83</fund><index>1.69</index><secondIndex>-2.35</secondIndex><tertiaryIndex></tertiaryIndex></funds><funds><field>1 YR</field><fund>2.49</fund><index>2.34</index><secondIndex>0.56</secondIndex><tertiaryIndex></tertiaryIndex></funds><funds><field>3 YR</field><fund>12.80</fund><index>13.55</index><secondIndex>11.05</secondIndex><tertiaryIndex></tertiaryIndex></funds><funds><field>5 YR</field><fund>9.80</fund><index>11.38</index><secondIndex>9.23</secondIndex><tertiaryIndex></tertiaryIndex></funds><funds><field>10 YR</field><fund></fund><index></index><secondIndex>6.86</secondIndex><tertiaryIndex></tertiaryIndex></funds><funds><field>Inception</field><fund>3.25</fund><index>3.84</index><secondIndex>3.23</secondIndex><tertiaryIndex></tertiaryIndex></funds></performance>

Quarter End as of 03/31/2015

Fund Inception Date: 01/25/2007

Inception Date of Index After Change: 12/29/2006

Inception Date of Index Prior To Change: 06/30/2000

<performance fundName="SPDR&lt;sup&gt;®&lt;/sup&gt; S&amp;P&lt;sup&gt;®&lt;/sup&gt; Global Infrastructure ETF" bmarkName="S&amp;P Global Infrastructure Index" secondBmarkName="Macquarie Global Infrastructure 100 Index"><funds><field>1 Month</field><fund>-0.89</fund><index>-0.91</index><secondIndex>-1.70</secondIndex><tertiaryIndex></tertiaryIndex></funds><funds><field>QTD</field><fund>-0.85</fund><index>-0.92</index><secondIndex>-4.44</secondIndex><tertiaryIndex></tertiaryIndex></funds><funds><field>YTD</field><fund>-0.85</fund><index>-0.92</index><secondIndex>-4.44</secondIndex><tertiaryIndex></tertiaryIndex></funds><funds><field>1 YR</field><fund>4.07</fund><index>3.93</index><secondIndex>2.61</secondIndex><tertiaryIndex></tertiaryIndex></funds><funds><field>3 YR</field><fund>9.74</fund><index>9.58</index><secondIndex>8.27</secondIndex><tertiaryIndex></tertiaryIndex></funds><funds><field>5 YR</field><fund>7.17</fund><index>8.06</index><secondIndex>6.72</secondIndex><tertiaryIndex></tertiaryIndex></funds><funds><field>10 YR</field><fund></fund><index></index><secondIndex>6.87</secondIndex><tertiaryIndex></tertiaryIndex></funds><funds><field>Inception</field><fund>2.99</fund><index>3.59</index><secondIndex>3.03</secondIndex><tertiaryIndex></tertiaryIndex></funds></performance>

Fund Top Holdings

Subject to change.

As of 07/02/2015
NameWeightShares Held
Transurban Group Ltd.5.20%681,424
Kinder Morgan Inc Class P4.64%120,155
Atlantia S.p.A4.34%172,698
Groupe Eurotunnel SE3.48%234,976
China Merchants Holdings (International) Co. Ltd.3.27%764,740
Duke Energy Corporation3.22%43,761
National Grid plc3.15%238,387
Enbridge Inc.3.01%63,407
Williams Companies Inc.2.93%50,124
NextEra Energy Inc.2.78%27,386
Download All Holdings XLS

Index Top Holdings

As of 07/01/2015
NameWeight
Transurban Group Ltd.5.00%
Kinder Morgan Inc Class P4.74%
Atlantia S.p.A4.38%
Groupe Eurotunnel SE3.49%
China Merchants Holdings (International) Co. Ltd.3.38%
Duke Energy Corporation3.17%
National Grid plc3.15%
Enbridge Inc.3.03%
Williams Companies Inc.2.95%
Abertis Infraestructuras SA2.92%

Fund Sector Allocation

As of 07/02/2015
<?xml version="1.0" encoding="UTF-8" standalone="yes"?><component><asOfDate>07/02/2015</asOfDate><code>FUND_SECTOR_ALLOCATION</code><attributes><attribute><rawValue>40.68</rawValue><value>40.68%</value><label>Transportation Infrastructure</label><order>1</order></attribute><attribute><rawValue>21.68</rawValue><value>21.68%</value><label>Electric Utilities</label><order>2</order></attribute><attribute><rawValue>19.63</rawValue><value>19.63%</value><label>Oil Gas &amp; Consumable Fuels</label><order>3</order></attribute><attribute><rawValue>15.72</rawValue><value>15.72%</value><label>Multi-Utilities</label><order>4</order></attribute><attribute><rawValue>1.2</rawValue><value>1.20%</value><label>Independent Power and Renewable Electricity Producers</label><order>5</order></attribute><attribute><rawValue>0.49</rawValue><value>0.49%</value><label>Water Utilities</label><order>6</order></attribute><attribute><rawValue>0.24</rawValue><value>0.24%</value><label>Gas Utilities</label><order>7</order></attribute><attribute><rawValue>0.21</rawValue><value>0.21%</value><label>Unassigned</label><order>8</order></attribute></attributes></component>

Index Sector Allocation

As of 07/01/2015
<?xml version="1.0" encoding="UTF-8" standalone="yes"?><component><asOfDate>07/01/2015</asOfDate><code>BMARK_SECTOR_ALLOCTAION</code><attributes><attribute><rawValue>40.75</rawValue><value>40.75%</value><label>Transportation Infrastructure</label><order>1</order></attribute><attribute><rawValue>21.61</rawValue><value>21.61%</value><label>Electric Utilities</label><order>2</order></attribute><attribute><rawValue>19.95</rawValue><value>19.95%</value><label>Oil Gas &amp; Consumable Fuels</label><order>3</order></attribute><attribute><rawValue>15.75</rawValue><value>15.75%</value><label>Multi-Utilities</label><order>4</order></attribute><attribute><rawValue>1.22</rawValue><value>1.22%</value><label>Independent Power and Renewable Electricity Producers</label><order>5</order></attribute><attribute><rawValue>0.49</rawValue><value>0.49%</value><label>Water Utilities</label><order>6</order></attribute><attribute><rawValue>0.23</rawValue><value>0.23%</value><label>Gas Utilities</label><order>7</order></attribute></attributes></component>

Fund Country Weights

As of 07/02/2015
United States35.06%
Australia8.12%
Canada7.83%
Italy7.07%
France6.89%
United Kingdom6.87%
China5.87%
Spain5.05%
Japan4.20%
Germany2.70%
Singapore2.52%
Mexico2.31%
New Zealand1.37%
Switzerland1.27%
Brazil1.09%
Chile0.66%
Austria0.40%
Hong Kong0.28%
Netherlands0.25%
Unassigned0.21%

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.

"FTSE®" is a trade mark jointly owned by the London Stock Exchange ("Exchange") and  the Financial Times Limited ("FT"), "Macquarie™" is a trade mark of Macquarie Bank Limited and its related entities and both marks are used by FTSE International Limited ("FTSE") under licence. Neither FTSE nor Macquarie nor the Exchange nor the FT shall be liable (whether in negligence or otherwise) to any person for any error in the Index and neither FTSE or Macquarie or Exchange or FT shall be under any obligation to advise any person of any error therein.  State Street Bank and Trust Company through its State Street Global Advisors division has obtained a licence from FTSE to use such copyrights and database rights in the creation and operation of the SPDR® FTSE/Macquarie Global Infrastructure 100 ETF.

Unless otherwise noted all information contained herein is that of the SPDR S&P Global Infrastructure 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.

Prior to May 1, 2013, the SPDR S&P Global Infrastructure ETF was known as the SPDR FTSE/Macquarie Global Infrastructure 100 ETF.

ETF Management Team - Non US

Co-Head of Passive Equity Strategies John Tucker Senior Managing Director Show Bio

John is a Senior Managing Director of State Street Global Advisors and Co-Head of Passive Equity Strategies in North America. John is responsible for overseeing the management of all equity index strategies and Exchange Traded Funds managed in North America. He is a member of the Senior Leadership Team. Previously, John was head of the Structured Products group in SSGA's London office, where he was responsible for the management of all index strategies in our second largest investment center.

John received a BA from Trinity College and an MS in Finance from Boston College. He has also earned the Chartered Financial Analyst designation and is a member of the Boston Security Analysts Society and the CFA Institute. In addition, John is a member of The Russell Index Client Advisory Board and The S&P U.S. Index Advisory Panel. He joined State Street in 1988.

Senior Portfolio Manager David Chin Vice President Show Bio

David is a Vice President and Senior Portfolio Manager in the Global Equity Beta Solutions team at State Street Global Advisors. He is responsible for managing both U.S. and International funds. Prior to joining SSGA in 1999, David was a product analyst in the Analytical Services Group at Frank Russell Company. Before this, he worked at OneSource Information Systems developing investment software. Preceding this, he was affiliated with PanAgora Asset Management in the Research and Development group creating quantitative investment models for international equities. David has been working in the investment management field since 1992.

David holds a BS in Management Information Systems from the University of Massachusetts/Boston and an MBA from the University of Arizona.

Head of US Equity Strategies Karl A. Schneider Vice President Show Bio

Karl is a Vice President of State Street Global Advisors and Head of US Equity Strategies for the Global Equity Beta Solutions (GEBS) team, where in addition to overseeing the management of the US equity index strategies, he also serves as a portfolio manager for a number of the group's passive equity portfolios. Previously within GEBS, he served as a portfolio manager and product specialist for synthetic beta strategies, including commodities, buy/write, and hedge fund replication. Karl is also a member of the SSGA Derivatives Committee.

Prior to joining the Global Equity Beta Solutions, Karl worked as a portfolio manager in SSGA's Currency Management Group, managing both active currency selection and traditional passive hedging overlay portfolios. He joined State Street in 1996.

Karl holds a BS in Finance and Investments from Babson College and also an MS in Finance from Boston College. He has earned the Chartered Alternative Investment Analyst designation and is a member of the CAIA Association.

Co-Head, Global Equity Beta Solutions Michael J. Feehily Senior Managing Director Show Bio

Mike is a Senior Managing Director and the Co-Head of Global Equity Beta Solutions in North America. He is also a member of the Senior Leadership Team and sits on the firm's North America Product Committee and Trade Management Oversight Committee.

Mike rejoined SSGA after spending four years in State Street Global Markets where he helped to build the Global Exposure Solutions business. This group created and managed portfolios that were designed to meet the short-term market exposure needs of our institutional clients. Prior to this, Mike had been Head of the US Passive Equity Team within SSGA. He joined State Street in 1992.

Mike received a Bachelor of Science Degree from Babson College in Finance, Investments, and Economics. He received an MBA in Finance from Bentley College and also earned the Chartered Financial Analyst designation. He is a member of the CFA Institute and the Boston Security Analysts Society. Mike is also a former member of the Russell Index Client Advisory Board.

After Tax Returns

After-tax returns are calculated 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, and the after-tax returns shown are not relevant to investors who hold their fund shres through tad deferred arrangements such as 401(k) plans or individual retiredment accounts. After tax returns may not take into account year end tax adjustments, which are calculated only at the end of each tax year. The after tax returns could differ after year end tax adjustments are accounted for.

S&P Global Infrastructure Index

The S&P Global Infrastructure Index is comprised of 75 of the largest publicly listed infrastructure companies that meet specific investability requirements. The S&P Global Infrastructure Index is designed to provide liquid exposure to the leading publicly listed companies in the global infrastructure industry, from both developed markets and emerging markets. The S&P Global Infrastructure Index includes publicly traded companies with stock traded on a developed market exchange with float-adjusted market capitalizations of a minimum of $100 million and minimum total market capitalizations of $250 million. Liquidity thresholds on 3 month average daily trading are $1 million for developed markets and $500,000 for emerging markets. Fifteen emerging market stocks are chosen first, based on the highest float-adjusted market capitalization of the parent company, with no more than 10 chosen for any one cluster. The 60 largest developed market stocks, based on float-adjusted market capitalization, are then chosen to complete the index. The developed market stocks are chosen such that there are a total of 30 transportation, 30 utilities and 15 energy infrastructure companies in the index Market capitalization and liquidity criteria are subject to change on a semi-annual basis according to market conditions. Countries covered in the S&P Global Infrastructure Index have historically included, among others, Australia, Brazil, Canada, Chile, China, Denmark, Finland, France, Germany, Hong Kong, India, Italy, Japan, Luxembourg, Netherlands, Norway, Peru, Russia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, United Kingdom and the United States. As of March 31, 2013, the S&P Global Infrastructure Index was comprised of 75 securities.

© 2015 State Street Corporation. All Rights Reserved.

Macquarie Global Infrastructure 100 Index

© 2015 State Street Corporation. All Rights Reserved.

© 2015 State Street Corporation. All Rights Reserved.

Important Risk Information

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.

Foreign investments involve greater risks than U.S. investments, including political and economic risks and the risk of currency fluctuations, all of which may be magnified in emerging markets.

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 shares, MidCap SPDRs and Dow Jones Industrial Average, all unit investment trusts and Select Sector SPDRs.

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.

Premium Discount to NAV

As of 07/01/2015
Ticker NAV Close Bid/Ask Mid Pt Premium/ Discount
SPDR® S&P® Global Infrastructure ETF GII $46.90 $46.95 $46.76 -0.30%
Download Fund Data

x axis: # of days y axis: # Premium/Discount percentage

The above information is provided to show the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds.

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.