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SPDR S&P MidCap 400 ETF
Ticker Symbol: MDY CUSIP: 78467Y107 Exchange: NYSEA
Company's Online Profile
FUND DESCRIPTION: The SPDR S&P MidCap 400 ETF represent ownership in the SPDR S&P MIDCAP 400 ETF TRUST, a unit investment trust established to accumulate and hold a portfolio of the equity securities that comprise the Index. INVESTMENT OBJECTIVE: The SPDR S&P MidCap 400 ETF seeks to generally correspond, before fees and expenses, to the price and yield performance of the S&P MidCap 400 Index. INDEX DESCRIPTION: The S&P MidCap 400 Index is composed of four hundred (400) selected stocks, all of which are listed on national stock exchanges, and spans a broad range of major industry groups. The Index covers over 7% of the U.S. equities market, and is part of a series of S&P U.S. indices. Included in the index are companies with market cap in the range of US$ 1 billion to US$ 4.5 billion. This range is reviewed from time to time to ensure consistency with market conditions. The index also includes companies that should have four consecutive quarters of positive as-reported earnings, where as-reported earnings are defined as GAAP Net Income excluding discontinued operations and extraordinary items. FUND STRATEGY: The Fund holds the Portfolio and cash and is not actively managed by traditional methods, which would typically involve effecting changes in the Portfolio on the basis of judgments made relating to economic, financial and market considerations. To maintain the correspondence between the composition and weightings of stocks held by the Fund and component stocks of the Index, the Trustee adjusts the Portfolio from time to time to conform to periodic changes in the identity and/or relative weightings of Index Securities. The Trustee aggregates certain of these adjustments and makes changes to the Portfolio at least monthly or more frequently in the case of significant changes to the Index. Any change in the identity or weighting of an Index Security will result in a corresponding adjustment to the prescribed Portfolio Deposit effective on any day that the New York Stock Exchange LLC is open for business following the day on which the change to the Index takes effect after the close of the market. FUND MANAGEMENT: The Bank of New York Mellon (formerly, The Bank of New York) serves as the Trustee and PDR Services LLC, serves as the Sponsor.
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IPO - 5/4/1995 -
Link to IPO Prospectus
Previous Name: MidCap SPDR Trust, Series 1 - S&P MidCap 400 Depository Receipts
Large Cap Stock -
Market Value $11.2 Billion
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Company's Online Information Links
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| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Address and Phone Numbers |
| Address: One Lincoln Street, Boston, MA 02111 |
| Main Phone Number |
866-787-2257 |
| Fax Number |
Not Available |
| Investor Contact
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866-787-2257
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| Toll Free Phone Number |
866-787-2257 |
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