The SPDR® SSgA Income Allocation ETF seeks to provide total return by focusing on investment in income and yield-generating assets. The Fund invests in exchange traded funds registered under the Investment Company Act of 1940, as amended, that seek to track the performance of a market index; exchange traded commodity trusts; and exchange traded notes. The Portfolio may invest in certain ETPs that pay fees to the Adviser and its affiliates for management, marketing or other services.
Ordinary brokerage commissions may apply.
|Primary Benchmark||MSCI World Index|
|Secondary Benchmark||SSgA Income Allocation Composite Index|
|Tertiary Benchmark||Barclays US Long Government/Credit Bond Index|
|Short Selling Allowed||No|
|Gross Expense Ratio||0.70%|
|Investment Manager||SSgA Funds Management, Inc.|
|Management Team||Income Allocation Team|
|Distributor||State Street Global Markets, LLC|
|Exchange||NYSE ARCA EXCHANGE|
|Variable Fee for Cash Creation||.65%|
|Variable Fee for Cash Redemption||.65%|
|Number of Holdings||22|
As of 02/28/2014
As of 12/31/2013
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.
|Exchange Volume (shares)||589|
|Shares Outstanding||3.15 M|
|Total Net Assets||$99.14 M|
|Net Cash Amount||-$32,469.89|
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.
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.
ETFs trade like stocks, 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.
Unless otherwise noted all information contained herein is that of the SPDR SSgA Income Allocation 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.
The SSgA Income Allocation Composite Index components: 15% S&P High Yield Dividend Aristocrats Index; 10% DJ Global Select Real Estate Securities Index, Barclays Capital Long US Treasury Index, Barclays Capital Long US Corporate Index, and Barclays Capital High Yield Very Liquid Index; 5% S&P International Dividend Opportunities Index, STOXX Europe 50 Index, S&P Emerging Market Dividend Opportunities Index, S&P Global Infrastructure Index, Barclays US Government Inflation Linked Bond Index, Barclays Global Aggregate Ex USD > $1B, Barclays EM Local Currency Government Diversified Index, Barclays Capital US Convertible Bonds Index, and Wells Fargo Hybrid and Preferred Securities Aggregate Index.
As of 05/01/2013 the Macquarie Global Infrastructure 100 Index is no longer a component of the SSgA Income Allocation Composite.
The primary benchmark for the SPDR SSgA Income Allocation ETF is the MSCI World Index. The secondary and tertiary benchmarks are provided for comparison purposes.