Symbols

SPMD

State Street SPDR Portfolio S&P 400 Mid Cap ETF·NYSE

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Key Stats

Assets Under Management

15.67BUSD

Fund Flows (1Y)

2.22BUSD

Dividend Yield

1.34%

Discount/Premium to NAV

0.01%

Shares Outstanding

259.75M

Expense Ratio

0.03%

About State Street SPDR Portfolio S&P 400 Mid Cap ETF

Issuer

State Street Global Advisors

Brand

SPDR

Home Page

https://www.ssga.com/us/en/intermediary/etfs/state-street-spdr-portfolio-sp-400-mid-cap-etf-spmd

Inception Date

Nov 8, 2005

Structure

Open-Ended Fund

Index Tracked

S&P MidCap 400 Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

SSgA Funds Management, Inc.

Distributor

State Street Corp. (Fund Distributor)

SPMD offers exposure to the mid-cap segment of the US equity market by tracking the S&P mid-cap 400 Index. Stocks are market cap-weighted and selected by the S&P Committee, with a consideration on sector balance by comparing the weight of each GICS (Global Industry Classification Standard) sector in the underlying index to its weight in the relevant market capitalization range of the S&P Total Market Index. SPMD has undergone several changes over the years — previously trading under a different name, index, and ticker (RSCO) in November 2005 and once again in August 2016 (ticker: SMD). Finally, it also traded as the SPDR Portfolio Mid Cap ETF tracking the S&P 1000 Index until January 24, 2020. The fund employs a sampling strategy and its index is rebalanced on a quarterly basis.