| Investment Objective: |
The SPDR Bloomberg Investment Grade Floating Rate ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of an index that tracks the market for U.S. dollar-denominated, investment grade floating rate notes with maturities greater than or equal to one month and less than five years.The Bloomberg U.S. Dollar Floating Rate Note 5 Years Indexconsists of debt instruments that pay a variable coupon ratwith a fixed spread. The Index may include U.S. registered, dollar denominated bonds of non-U.S. corporations, government and supranational entities. Excluded from the Index are fixed rate bullet bonds, fixed-rate puttable and fixed-rate callable bonds, fixed rate and fixed to floating capital securities, bondswith equity-linked features inflation linked bonds and securitized bonds. The Index is marketcapitalization weighted and the securities in the Index are updatedon the lastcalendar day of each month. |
