State Street Global Advisors Lowers Fees on 41 SPDR® ETFs

State Street Global Advisors , the asset management business of State Street Corporation, today announced that it has lowered the management fees on 41 SPDR exchange-traded funds , including those investing in a wide range of international and domestic asset classes, effective immediately..


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“Competitive pricing is a core benefit to the SPDR ETF value proposition that dates back to the launch of the SPDR S&P 500 ETF in 1993,” said James Ross, executive vice president and global head of SPDR Exchange Traded Funds at State Street Global Advisors. “Affordable ratios are key components of our commitment to providing cost-effective investment solutions that are backed by SSGA’s expertise, services and support.”

The changes are part of a continuous review process to identify improvements that are beneficial to investors.

“Our primary focus is on helping investors build stronger portfolios while positioning SPDR ETFs for long-term growth,” continued Ross. “Investors should look beyond a fund’s expense ratio to fully understand its total cost of ownership.”

SPDR ETFs Expense Ratio Changes

SPDR ETF

Ticker

Previous Gross Expense Ratio

New Gross Expense Ratio*

SPDR Barclays Aggregate Bond ETF

LAG

0.21

0.10

SPDR Barclays Intermediate Term Treasury ETF

ITE

0.14

0.10

SPDR Barclays Short Term Treasury ETF

SST

0.12

0.10

SPDR Barclays Long Term Treasury ETF

TLO

0.14

0.10

SPDR Barclays Intermediate Term Corp Bond ETF

ITR

0.15

0.12

SPDR Russell 1000 Low Volatility ETF

LGLV

0.20

0.12

SPDR Barclays Long Term Corp Bond ETF

LWC

0.15

0.12

SPDR S&P 1500 Momentum Tilt ETF

MMTM

0.35

0.12

SPDR Barclays Short Term Corp Bond ETF

SCPB

0.13

0.12

SPDR Russell 2000 Low Volatility ETF

SMLV

0.25

0.12

SPDR S&P 1500 Value Tilt ETF

VLU

0.35

0.12

SPDR Barclays TIPS ETF

IPE

0.19

0.15

SPDR S&P 400 Mid Cap Growth ETF

MDYG

0.25

0.15

SPDR S&P 400 Mid Cap Value ETF

MDYV

0.25

0.15

SPDR S&P 600 Small Cap ETF

SLY

0.20

0.15

SPDR S&P 600 Small Cap Growth ETF

SLYG

0.25

0.15

SPDR S&P 600 Small Cap Value ETF

SLYV

0.25

0.15

SPDR S&P 500 Growth ETF

SPYG

0.20

0.15

SPDR S&P 500 Value ETF

SPYV

0.20

0.15

SPDR Russell/Nomura PRIME Japan ETF

JPP

0.50

0.30

SPDR Russell/Nomura Small Cap Japan ETF

JSC

0.55

0.40

SPDR Morgan Stanley Technology ETF

MTK

0.50

0.35

SPDR S&P International Small Cap ETF

GWX

0.59

0.40

SPDR S&P International Consumer Discretionary Sector ETF

IPD

0.50

0.40

SPDR S&P International Financial Sector ETF

IPF

0.50

0.40

SPDR S&P International Technology Sector ETF

IPK

0.50

0.40

SPDR S&P International Industrial Sector ETF

IPN

0.50

0.40

SPDR S&P International Consumer Staples Sector ETF

IPS

0.50

0.40

SPDR S&P International Utilities Sector ETF

IPU

0.50

0.40

SPDR S&P International Energy Sector ETF

IPW

0.50

0.40

SPDR S&P International Materials Sector ETF

IRV

0.50

0.40

SPDR S&P International Health Care Sector ETF

IRY

0.50

0.40

SPDR S&P International Telecommunications Sector ETF

IST

0.50

0.40

SPDR S&P BRIC 40 ETF

BIK

0.50

0.49

SPDR S&P Emerging Markets Dividend ETF

EDIV

0.59

0.49

SPDR MSCI EM Beyond BRIC ETF

EMBB

0.55

0.49

SPDR S&P Emerging Middle East & Africa ETF

GAF

0.59

0.49

SPDR S&P Emerging Asia Pacific ETF

GMF

0.59

0.49

SPDR S&P Emerging Latin America ETF

GML

0.59

0.49

SPDR S&P Emerging Europe ETF

GUR

0.59

0.49

SPDR Barclays International Corporate Bond ETF

IBND

0.55

0.50

Source: ETFWorld.com

WMCR
Wilshire Micro-Cap ETF (based on the Wilshire US Micro-Cap Index)


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