State Street Global Advisors Expands its Low-Cost SPDR® Portfolio ETF™ Suite with Debut of the SPDR® Portfolio Treasury ETF

New ETF Provides Cost-Effective, Broad Treasury Exposure to Customize Bond Portfolios

State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced the launch of the SPDR^® Portfolio Treasury ETF (SPTB). SPTB further enhances SPDR’s Portfolio ETF suite by providing low-cost exposure to US Treasury securities with remaining maturities greater than or equal to one year. Priced at three basis points, SPTB seeks to track the performance of the Bloomberg U.S. Treasury Index.

“We continue to see fixed income ETFs used to tailor portfolios, allowing for greater flexibility, customized allocations and targeted investment outcomes,” said Allison Bonds Mazza, Head of Intermediary at State Street Global Advisors. “With the addition of SPTB, our low-cost SPDR Portfolio suite now offers investors a complete set of cost-effective tools to disaggregate the Bloomberg U.S. Aggregate Bond Index by sector as well as maturity.” This enables investors to assemble their own fixed-income portfolios to create a core that is more flexible, customized, as well as cost- and tax-efficient — all in a transparent manner.

SPTB provides investors access to broad Treasury exposure through a single instrument and complements our existing low-cost Treasury line up of short-, intermediate- and long maturity ETFs: SPDR Portfolio Short Term Treasury ETF (SPTS), SPDR Portfolio Intermediate Term Treasury ETF (SPTI) and SPDR Portfolio Long Term Treasury ETF (SPTL).

Introduced in 2017 and with offerings priced as little as two basis points, the SPDR Portfolio ETF suite is designed to provide investors with greater choice in low-cost ETFs. The suite provides exposure to US equity, international equity, and fixed income asset classes to help investors build a diversified core portfolio of stocks and bonds while keeping more of what they earn. Widely embraced by investors, SPDR Portfolio ETFs have more than $197 billion in assets.¹

As the creator of the world’s first ETFs, SPDR’s innovation in ETFs is driven by its commitment to delivering low-cost, efficient solutions for investors and backed by more than 40 years of indexing experience.² SPDR Portfolio ETFs are backed by the same team and processes that have made SPDR a leader in ETF investing.

Click here for the complete lineup of SPDR Portfolio ETFs.

To learn more about how investors are using low-cost ETFs to achieve a variety of investment objectives, read Low-Cost Core ETFs to Build Long-Term Wealth.

About SPDR Exchange Traded Funds

SPDR ETFs are a comprehensive family spanning an array of international and domestic asset classes. SPDR ETFs are sponsored by affiliates of State Street Global Advisors. The funds provide investors with the flexibility to select investments that are aligned to their investment strategy. For more information, visit www.ssga.com/etfs.

About State Street Global Advisors

For four decades, State Street Global Advisors has served the world’s governments, institutions and financial advisors. With a rigorous, risk-aware approach built on research, analysis and market-tested experience, we build from a breadth of index and active strategies to create cost-effective solutions. As pioneers in index and ETF investing, we are always inventing new ways to invest. As a result, we have become the world’s fourth-largest asset manager* with US $4.34 trillion† under our care.

*Pensions & Investments Research Center, as of 12/31/22.

†This figure is presented as of March 31, 2024 and includes ETF AUM of $1,360.89 billion USD of which approximately $65.87 billion USD is in gold assets with respect to SPDR products for which State Street Global Advisors Funds Distributors, LLC (SSGA FD) acts solely as the marketing agent. SSGA FD and State Street Global Advisors are affiliated. Please note all AUM is unaudited.

¹ State Street Global Advisors, Bloomberg Finance L.P., as of April 30, 2024.

² ETFs managed by State Street Global Advisors have the oldest inception dates within the US, Hong Kong, Australia, and Singapore. State Street Global Advisors launched the first ETF in the US on January 22, 1993; launched the first ETF in Hong Kong on November 11, 1999; launched the first ETF in Australia on August 24, 2001; and launched the first ETF in Singapore on April 11, 2002.

Important Risk Disclosures

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.

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.

Passively managed funds invest by sampling the index, holding 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.

US Treasury obligations may differ from other fixed income securities in their interest rates, maturities, times of issuance and other characteristics. Similar to other issuers, changes to the financial condition or credit rating of the U.S. government may cause the value of the Fund's U.S. Treasury obligations to decline.

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.

The whole or any part of this work may not be reproduced, copied or transmitted or any of its contents disclosed to third parties without SSGA’s express written consent.

The trademarks and service marks referenced herein are the property of their respective owners. Third party data providers make no warranties or representations of any kind relating to the accuracy, completeness or timeliness of the data and have no liability for damages of any kind relating to the use of such data.

All information is from SSGA unless otherwise noted and has been obtained from sources believed to be reliable, but its accuracy is not guaranteed. There is no representation or warranty as to the current accuracy, reliability or completeness of, nor liability for, decisions based on such information and it should not be relied on as such.

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.

Before investing, consider the fund’s investment objectives, 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.ssga.com. Read it carefully.

Not FDIC Insured - No Bank Guarantee - May Lose Value

State Street Global Advisors Fund Distributors, LLC, member FINRA, SIPC

© 2024 State Street Corporation. All Rights Reserved.

State Street Global Advisors Funds Distributors, LLC, One Iron Street, Boston, MA 02210

6466857.1.1.AM.RTL Exp. Date: 05/31/2025

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