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SPDR S&P 400 Mid Cap Value ETF
Ticker Symbol: MDYV CUSIP: 78464A839 Exchange: NYSEA
Company's Online Profile
FUND DESCRIPTION: The SPDR S&P 400 Mid Cap Value ETF, formerly the SPDR Dow Jones Mid Cap Value ETF (Ticker EMV), formerly the streetTRACKS DJ Wilshire Mid Cap Value ETF, is an exchange-traded index fund that is a separate portfolio of the SPDR Series Trust, an open-end management investment company. INVESTMENT OBJECTIVE: The SPDR S&P 400 Mid Cap Value ETF seeks to provide investment results that, before expenses, correspond generally to the total return of the S&P Mid Cap 400 Value Index. INDEX DESCRIPTION: The S&P Mid Cap 400 Value Index measures the performance of the mid-capitalization value sector in the U.S. equity market. The Index consists of those stocks in the S&P MidCap 400 Index exhibiting the strongest value characteristics based on: (i) book value to price ratio; (ii) earnings to price ratio; and (iii) sales to price ratio. The selection universe for the Index includes all U.S. common equities listed on the NYSE, NASDAQ Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations between $850 million and $3.8 billion. To be included in the Index, a security should; (i) have an annual dollar value traded to float adjusted market capitalization ratio of 1 or greater; (ii) trade a minimum of 250,000 shares for six consecutive months; (iii) have a public float of at least 50%; and (iv) have four consecutive quarters of positive as-reported earnings. The Index is market capitalization weighted and rebalanced annually on the third Friday of December. As of September 30, 2010, the Index was comprised of 292 stocks. FUND STRATEGY: In seeking to track the performance of the Index the Fund employs a replication strategy, which means that the Fund typically invests in substantially all of the securities represented in the Index in approximately the same proportions as the Index. Under normal market conditions, the Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index. In addition, the Fund may invest in equity securities that are not included in the Index, futures, options, swap contracts and other derivatives, cash and cash equivalents or money market instruments, such as repurchase agreements and money market funds. FUND MANAGEMENT: SSgA Funds Management, Inc. serves as the investment adviser to the Fund and, subject to the supervision of the Board, is responsible for the investment management of the Fund and it's assets.
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IPO - 11/8/2005 -
Link to IPO Prospectus
Previous Ticker Symbol: EMV Changed: 12/17/2010
Previous Name: SPDR Dow Jones Mid Cap Value ETF Changed: 12/17/2010
Micro Cap Stock -
Market Value $26.0 Million
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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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