{"annotation_id":"2638e0aa-042c-4d6e-8d49-c5f283f478dd","file_hash":"963def143fe3779a7b94f47b20c766da771091ef8059992bf767d57bc8bd99f2","schema_id":"open/document-extraction","schema_version":"0.5.0","record":{"extraction_type":"boxes","producer":"pdf-extractor-v0.5.0","blocks":[{"id":"5515e884-8fda-4d1b-b70e-9d4b68825b85","block_type":"box","text":"Key Features","page_number":1,"box":{"x":56,"y":221,"width":140,"height":16}},{"id":"cfad5400-e4cb-4fc5-bbd1-3088e205dbc6","block_type":"box","text":"•","page_number":1,"box":{"x":57,"y":260,"width":4,"height":3}},{"id":"9dea2560-d25b-4098-a3a9-ecea2a8cb19b","block_type":"box","text":"The State Street","page_number":1,"box":{"x":69,"y":257,"width":98,"height":7}},{"id":"4e15dec9-f1c5-416b-970e-3a88b66fffa9","block_type":"box","text":"®","page_number":1,"box":{"x":168,"y":256,"width":4,"height":4}},{"id":"15f70345-e0b4-42ef-a5e4-035b3da8167a","block_type":"box","text":"SPDR","page_number":1,"box":{"x":177,"y":257,"width":33,"height":7}},{"id":"c0e9455e-7b56-4d77-b94c-47935dacb0b5","block_type":"box","text":"®","page_number":1,"box":{"x":211,"y":256,"width":4,"height":4}},{"id":"e4da8efc-cebc-47f0-a668-652ba2c25905","block_type":"box","text":"Portfolio Mortgage Backed Bond ETF","page_number":1,"box":{"x":220,"y":256,"width":223,"height":10}},{"id":"e6d076a2-b44b-4bb8-8e20-21c76d97d537","block_type":"box","text":"seeks to provide investment results that, before fees and expenses,","page_number":1,"box":{"x":69,"y":269,"width":407,"height":10}},{"id":"b35ac7a0-bcb9-43a9-9e7a-057cc8238b83","block_type":"box","text":"correspond generally to the price and yield performance of the","page_number":1,"box":{"x":69,"y":282,"width":379,"height":10}},{"id":"ce538ee5-fd73-4dc7-ae17-4f8deee9e367","block_type":"box","text":"Bloomberg U.S. MBS Index (the \"Index\")","page_number":1,"box":{"x":69,"y":294,"width":239,"height":10}},{"id":"530e26dd-b132-4544-9dd1-319bfa17d797","block_type":"box","text":"•","page_number":1,"box":{"x":57,"y":323,"width":4,"height":3}},{"id":"2cd14f0b-7711-4b0f-9030-2d84d9335705","block_type":"box","text":"One of the low cost core State Street SPDR Portfolio ETFs, a suite of","page_number":1,"box":{"x":69,"y":320,"width":412,"height":9}},{"id":"338f9d06-6f53-4ac7-ba61-e9e96e812125","block_type":"box","text":"portfolio building blocks designed to provide broad, diversified","page_number":1,"box":{"x":69,"y":332,"width":376,"height":10}},{"id":"09922528-849e-424b-887f-db3afa27c15e","block_type":"box","text":"exposure to core asset classes","page_number":1,"box":{"x":69,"y":345,"width":185,"height":10}},{"id":"98993d21-4ec0-4fb9-a9ef-ff9b98eeb1aa","block_type":"box","text":"•","page_number":1,"box":{"x":57,"y":373,"width":4,"height":3}},{"id":"dce77dc3-55f6-408b-aa1a-b5e284525da1","block_type":"box","text":"A low cost ETF that seeks to provide exposure to agency mortgage","page_number":1,"box":{"x":69,"y":370,"width":406,"height":10}},{"id":"6a95bcad-e4e6-4169-b08d-d77dac912a03","block_type":"box","text":"backed securities of the U.S. investment grade bond market","page_number":1,"box":{"x":69,"y":383,"width":361,"height":10}},{"id":"b38e98cd-32bb-437a-a976-1e69c886b143","block_type":"box","text":"•","page_number":1,"box":{"x":57,"y":411,"width":4,"height":3}},{"id":"a23ef6fc-28a2-45b2-a923-c8152b884f20","block_type":"box","text":"Rebalanced on the last business day of the month","page_number":1,"box":{"x":69,"y":408,"width":301,"height":10}},{"id":"5dead4be-5bad-4abf-8dca-caadf427701b","block_type":"box","text":"•","page_number":1,"box":{"x":57,"y":436,"width":4,"height":4}},{"id":"690832b2-7522-43a5-a963-462190128555","block_type":"box","text":"Ordinary brokerage commissions may apply","page_number":1,"box":{"x":69,"y":433,"width":264,"height":10}},{"id":"0222b162-cc11-4a52-be3b-a6a27a1e4988","block_type":"box","text":"Fund Information","page_number":1,"box":{"x":512,"y":220,"width":185,"height":14}},{"id":"86d29852-3e7c-4f33-a2c4-95b9d1b0a011","block_type":"box","text":"Key Facts","page_number":1,"box":{"x":512,"y":253,"width":59,"height":10}},{"id":"388b5e4e-003e-41c8-be14-fff14d5ddd5c","block_type":"box","text":"Inception Date","page_number":1,"box":{"x":512,"y":275,"width":87,"height":9}},{"id":"4e9a2bc1-cbed-46c7-8376-340d9cc16b81","block_type":"box","text":"01/15/2009","page_number":1,"box":{"x":856,"y":274,"width":74,"height":9}},{"id":"af27fde1-1ac9-4279-8fc7-59f70b10772c","block_type":"box","text":"CUSIP","page_number":1,"box":{"x":512,"y":296,"width":37,"height":8}},{"id":"aa8ebcdb-3bd0-497f-a8d6-4922ab321cf7","block_type":"box","text":"78464A383","page_number":1,"box":{"x":856,"y":296,"width":74,"height":7}},{"id":"85019c71-8326-411b-b8f0-b76c4918d601","block_type":"box","text":"Gross Expense Ratio (%)","page_number":1,"box":{"x":512,"y":316,"width":146,"height":11}},{"id":"a366e4a6-fe42-4146-8324-9beb9a70487a","block_type":"box","text":"0.04","page_number":1,"box":{"x":903,"y":317,"width":27,"height":8}},{"id":"9b0c44b4-b500-4e97-a9e6-1c46587d3333","block_type":"box","text":"Net Expense Ratio (%)","page_number":1,"box":{"x":512,"y":337,"width":132,"height":11}},{"id":"7c171e95-27d7-4a44-9590-fc160becf1d4","block_type":"box","text":"0.04","page_number":1,"box":{"x":903,"y":338,"width":27,"height":8}},{"id":"2e736c09-4d58-4082-afb6-49919a71e40b","block_type":"box","text":"30 Day SEC Yield (%)","page_number":1,"box":{"x":512,"y":358,"width":127,"height":11}},{"id":"389b65ee-fb9e-44bd-ad6b-f203b1b0b290","block_type":"box","text":"4.40","page_number":1,"box":{"x":903,"y":359,"width":27,"height":8}},{"id":"79e96e3b-3205-467d-9de2-cefa78686f89","block_type":"box","text":"30 Day SEC Yield (Unsubsidized) (%)","page_number":1,"box":{"x":512,"y":380,"width":222,"height":10}},{"id":"c95b4a1e-326d-43e9-a48b-2fd96be59b58","block_type":"box","text":"4.40","page_number":1,"box":{"x":903,"y":380,"width":27,"height":8}},{"id":"2ee22212-6583-433a-bf0e-4e99e9f79ae8","block_type":"box","text":"Characteristics","page_number":1,"box":{"x":512,"y":420,"width":95,"height":8}},{"id":"8ffc3237-de1e-4f70-878f-99dbdcafe6a2","block_type":"box","text":"Number of Holdings","page_number":1,"box":{"x":512,"y":442,"width":120,"height":10}},{"id":"7bca37ff-6c08-48f1-bd6c-526b911bb179","block_type":"box","text":"2,773","page_number":1,"box":{"x":732,"y":442,"width":35,"height":9}},{"id":"dc4e69e9-961e-4cf9-9a0f-1c0167b7ec83","block_type":"box","text":"Option Adjusted Duration","page_number":1,"box":{"x":512,"y":463,"width":151,"height":10}},{"id":"410ed0a9-fe50-43d0-b807-a6f2b24ac538","block_type":"box","text":"5.98","page_number":1,"box":{"x":732,"y":463,"width":26,"height":8}},{"id":"d978be49-5a28-4284-b464-9d5107c4f1cc","block_type":"box","text":"Option Adjusted Spread","page_number":1,"box":{"x":512,"y":484,"width":143,"height":10}},{"id":"b2473742-8175-40a8-938b-ba3aa389ecbe","block_type":"box","text":"41.08","page_number":1,"box":{"x":731,"y":484,"width":36,"height":8}},{"id":"112e381f-72f8-4601-b68d-377378e9fa76","block_type":"box","text":"1","page_number":1,"box":{"x":935,"y":947,"width":4,"height":7}},{"id":"28c5fda5-a902-4f2e-bd30-6ac81cd53a3d","block_type":"box","text":"Total Return (as of 09/30/2026)","page_number":1,"box":{"x":60,"y":605,"width":200,"height":10}},{"id":"de97f4ad-7fe7-4f83-b48b-2216398a0e27","block_type":"box","text":"Q","page_number":1,"box":{"x":154,"y":770,"width":8,"height":8}},{"id":"22af4498-1417-4c77-abe6-65922aa98324","block_type":"box","text":"T","page_number":1,"box":{"x":163,"y":770,"width":7,"height":7}},{"id":"3cfdd0a2-d885-4ec5-bd97-c0e18a914313","block_type":"box","text":"D","page_number":1,"box":{"x":172,"y":770,"width":7,"height":7}},{"id":"8d6ea02d-78ec-4b5f-97f1-c9b1c5b07e50","block_type":"box","text":"Y","page_number":1,"box":{"x":289,"y":770,"width":8,"height":7}},{"id":"9fb73fa1-e8f5-4c32-85b4-100026e341ff","block_type":"box","text":"T","page_number":1,"box":{"x":298,"y":770,"width":7,"height":7}},{"id":"af86afbe-6e6c-470c-ae94-c2b3091961c2","block_type":"box","text":"D","page_number":1,"box":{"x":307,"y":770,"width":7,"height":7}},{"id":"c7b327ff-d877-4f9c-952b-19487caff61a","block_type":"box","text":"1","page_number":1,"box":{"x":420,"y":770,"width":3,"height":7}},{"id":"0eb03579-19b3-429d-a335-bc64ba84b4b4","block_type":"box","text":"Ye","page_number":1,"box":{"x":428,"y":770,"width":8,"height":7}},{"id":"331b62a3-50cd-4af5-aaeb-b248466fbe9f","block_type":"box","text":"Ye","page_number":1,"box":{"x":436,"y":772,"width":6,"height":5}},{"id":"3aba602c-90e9-4ffa-b194-4ab3f1cff2d4","block_type":"box","text":"a","page_number":1,"box":{"x":444,"y":772,"width":5,"height":5}},{"id":"e011955f-89a6-4e99-b1ad-b24ada29148a","block_type":"box","text":"r","page_number":1,"box":{"x":451,"y":772,"width":4,"height":5}},{"id":"7cbe81f1-9b5b-42a6-9502-4ff89c62475c","block_type":"box","text":"3","page_number":1,"box":{"x":554,"y":770,"width":6,"height":7}},{"id":"7e944a22-0389-4fa6-a6b7-134dd5a15960","block_type":"box","text":"Ye","page_number":1,"box":{"x":565,"y":770,"width":8,"height":7}},{"id":"2f5561b3-5282-4ada-897f-0ffea85d7248","block_type":"box","text":"Ye","page_number":1,"box":{"x":573,"y":772,"width":6,"height":5}},{"id":"5067e97c-e586-41ea-844d-1e5f8d84e326","block_type":"box","text":"a","page_number":1,"box":{"x":581,"y":772,"width":5,"height":5}},{"id":"ecffd695-2364-4883-9e7b-b8631616f505","block_type":"box","text":"r","page_number":1,"box":{"x":588,"y":772,"width":4,"height":5}},{"id":"fc9f383b-906b-40aa-a0ee-3e3cbbb51166","block_type":"box","text":"5","page_number":1,"box":{"x":689,"y":770,"width":7,"height":7}},{"id":"f6e22c6c-ad02-4667-b781-27b59fbc00bd","block_type":"box","text":"Ye","page_number":1,"box":{"x":700,"y":770,"width":8,"height":7}},{"id":"f4323248-11fd-4925-96da-bfe27b33f6ed","block_type":"box","text":"Ye","page_number":1,"box":{"x":708,"y":772,"width":6,"height":5}},{"id":"2b2e7e8c-01b9-42c0-bae6-f86c1f8d72d5","block_type":"box","text":"a","page_number":1,"box":{"x":716,"y":772,"width":5,"height":5}},{"id":"ddd2afff-f468-472c-97f0-d792b05942af","block_type":"box","text":"r","page_number":1,"box":{"x":723,"y":772,"width":4,"height":5}},{"id":"84143e96-3765-4f0f-97b7-f97541e499f4","block_type":"box","text":"1","page_number":1,"box":{"x":822,"y":770,"width":3,"height":7}},{"id":"1cedc1c8-61de-44b5-88d4-a7477819cc4d","block_type":"box","text":"0","page_number":1,"box":{"x":827,"y":770,"width":7,"height":7}},{"id":"cb260b84-dcc5-49c2-810f-14676ff3b2b4","block_type":"box","text":"Ye","page_number":1,"box":{"x":838,"y":770,"width":9,"height":7}},{"id":"5b61d802-8141-4ce6-9ec3-533d54d3b0c5","block_type":"box","text":"Ye","page_number":1,"box":{"x":846,"y":772,"width":7,"height":5}},{"id":"78a36dbe-9c65-4752-bba2-d2b7732f2c8b","block_type":"box","text":"a","page_number":1,"box":{"x":854,"y":772,"width":6,"height":5}},{"id":"aee59893-1d4c-476c-b01c-1384daa6c39c","block_type":"box","text":"r","page_number":1,"box":{"x":862,"y":772,"width":3,"height":5}},{"id":"0e4f2f82-d5df-47dd-b168-d622e36ce413","block_type":"box","text":"P","page_number":1,"box":{"x":107,"y":619,"width":7,"height":7}},{"id":"1c6bd5e9-c2b0-4bca-a6a2-a3623f9d2b9d","block_type":"box","text":"e","page_number":1,"box":{"x":115,"y":621,"width":6,"height":5}},{"id":"db775955-3a28-49ab-b333-de360e028a95","block_type":"box","text":"r","page_number":1,"box":{"x":123,"y":621,"width":3,"height":5}},{"id":"58822f9c-390c-4640-abe6-ed5af91ea916","block_type":"box","text":"c","page_number":1,"box":{"x":127,"y":621,"width":6,"height":5}},{"id":"ed97f8d5-40c8-4f8e-a1a8-a8e499fe8baa","block_type":"box","text":"e","page_number":1,"box":{"x":134,"y":621,"width":6,"height":5}},{"id":"9a9d43c6-c3a9-45c4-b3d6-d3e809ed0a95","block_type":"box","text":"n","page_number":1,"box":{"x":142,"y":621,"width":6,"height":5}},{"id":"bcb08366-1c95-4751-b52e-49d5bb2764ac","block_type":"box","text":"t","page_number":1,"box":{"x":149,"y":620,"width":3,"height":6}},{"id":"95ab7e17-c903-41f4-a7fb-7e07c9e4ab17","block_type":"box","text":"","page_number":1,"box":{"x":71,"y":758,"width":4,"height":1}},{"id":"fa93e911-d771-4635-b9c5-ee8c7f1e8c65","block_type":"box","text":"1","page_number":1,"box":{"x":76,"y":755,"width":4,"height":7}},{"id":"42030e87-fa9d-4a67-b8d6-eab346c7378a","block_type":"box","text":"2","page_number":1,"box":{"x":82,"y":754,"width":6,"height":8}},{"id":"9be36d93-2517-434b-a845-ceb7d1776fbc","block_type":"box","text":"","page_number":1,"box":{"x":70,"y":746,"width":5,"height":1}},{"id":"fda8f3d2-5971-4982-a9e7-999b0cafb57a","block_type":"box","text":"1","page_number":1,"box":{"x":76,"y":743,"width":4,"height":7}},{"id":"92d258c9-9a4c-4394-a30e-8e98239a5762","block_type":"box","text":"0","page_number":1,"box":{"x":81,"y":743,"width":7,"height":7}},{"id":"b45cfb76-ea12-4657-8f7b-21fafb8a1b97","block_type":"box","text":"","page_number":1,"box":{"x":76,"y":734,"width":4,"height":1}},{"id":"e0effab7-53ba-42ad-82d7-bca8014812c0","block_type":"box","text":"8","page_number":1,"box":{"x":82,"y":731,"width":6,"height":8}},{"id":"8f88ed94-f87f-4c34-84a7-606252a95ca1","block_type":"box","text":"","page_number":1,"box":{"x":76,"y":723,"width":4,"height":1}},{"id":"7b094991-6c68-4061-900b-4da744eecd1c","block_type":"box","text":"6","page_number":1,"box":{"x":82,"y":719,"width":6,"height":8}},{"id":"c4d838ff-f629-465d-bbb9-e74a0bd02a86","block_type":"box","text":"","page_number":1,"box":{"x":75,"y":711,"width":5,"height":1}},{"id":"0aa4b65b-3b71-4fc0-bc3a-d70d71565262","block_type":"box","text":"4","page_number":1,"box":{"x":81,"y":708,"width":7,"height":7}},{"id":"6b3377f9-a6cf-454a-8722-fa09fbbf72f7","block_type":"box","text":"","page_number":1,"box":{"x":76,"y":699,"width":5,"height":1}},{"id":"559161a7-ce46-4c02-8298-3fc6ce82be62","block_type":"box","text":"2","page_number":1,"box":{"x":82,"y":696,"width":6,"height":7}},{"id":"2428f802-c9b2-4c97-803a-dc7d574bd3fe","block_type":"box","text":"0","page_number":1,"box":{"x":81,"y":684,"width":7,"height":8}},{"id":"7f6aa5b2-0ded-42e8-b423-3bf2bc92e275","block_type":"box","text":"2","page_number":1,"box":{"x":82,"y":672,"width":6,"height":8}},{"id":"b0e19795-ed0f-4065-9f53-7678ab9fad1a","block_type":"box","text":"4","page_number":1,"box":{"x":81,"y":661,"width":7,"height":7}},{"id":"d3627767-2af1-445d-a8d1-bf2e26e74783","block_type":"box","text":"6","page_number":1,"box":{"x":82,"y":649,"width":6,"height":8}},{"id":"0483385b-c265-4ebe-b117-07c1bb3f11ee","block_type":"box","text":"8","page_number":1,"box":{"x":82,"y":637,"width":6,"height":8}},{"id":"54f60ef7-e693-4597-a861-877084ee12ec","block_type":"box","text":"1","page_number":1,"box":{"x":76,"y":626,"width":4,"height":7}},{"id":"46287704-017a-48ea-a838-974d1432a777","block_type":"box","text":"0","page_number":1,"box":{"x":81,"y":626,"width":7,"height":7}},{"id":"cfc1904e-8b50-4186-92ae-80fe1efe72af","block_type":"box","text":"","page_number":1,"box":{"x":131,"y":738,"width":1,"height":3}},{"id":"4c5c36b9-8b1e-4f2b-9c49-64f5251a43ec","block_type":"box","text":"4","page_number":1,"box":{"x":126,"y":731,"width":10,"height":5}},{"id":"3a92461e-f5c4-4017-80fc-e626a760251f","block_type":"box","text":".","page_number":1,"box":{"x":134,"y":729,"width":2,"height":1}},{"id":"866d3ebf-2802-4ef4-ba8c-35b9ac30e986","block_type":"box","text":"3","page_number":1,"box":{"x":126,"y":723,"width":10,"height":5}},{"id":"a21c98ab-6181-4cad-8336-64e7a9a0f674","block_type":"box","text":"2","page_number":1,"box":{"x":126,"y":717,"width":10,"height":4}},{"id":"96e1982d-1e34-47c0-b72a-0a1075c76b7a","block_type":"box","text":"","page_number":1,"box":{"x":266,"y":731,"width":1,"height":3}},{"id":"3ea66a03-de5e-4333-aef4-aa7e3d3cb30e","block_type":"box","text":"3","page_number":1,"box":{"x":262,"y":724,"width":9,"height":5}},{"id":"6ba760ff-acd0-44a6-b5ee-d5ad5b2e654f","block_type":"box","text":".","page_number":1,"box":{"x":270,"y":722,"width":1,"height":1}},{"id":"8e9e66c4-2033-4c8f-b297-3108d73c0c08","block_type":"box","text":"3","page_number":1,"box":{"x":262,"y":716,"width":9,"height":5}},{"id":"80d8e8a4-2112-4360-a89e-8e37a62994e0","block_type":"box","text":"1","page_number":1,"box":{"x":262,"y":712,"width":9,"height":3}},{"id":"8d1bab2c-8375-4337-bc55-70e85e6d50e7","block_type":"box","text":"","page_number":1,"box":{"x":401,"y":721,"width":1,"height":3}},{"id":"4967dbe0-0c11-4f51-a38f-7602cc9c9477","block_type":"box","text":"1","page_number":1,"box":{"x":397,"y":717,"width":10,"height":3}},{"id":"2d7ea3c0-f5a3-4abe-a9cb-f41879b4375e","block_type":"box","text":".","page_number":1,"box":{"x":405,"y":715,"width":2,"height":1}},{"id":"680ce730-19c4-4ddd-8636-606d73ddabd1","block_type":"box","text":"7","page_number":1,"box":{"x":397,"y":709,"width":10,"height":5}},{"id":"f92a585d-e21b-4a39-960b-a06a7169fc24","block_type":"box","text":"7","page_number":1,"box":{"x":397,"y":703,"width":10,"height":5}},{"id":"eb97f57c-02d5-4d56-819c-29a53f9d62ac","block_type":"box","text":"4","page_number":1,"box":{"x":533,"y":652,"width":9,"height":5}},{"id":"b9a34302-7043-40df-aec2-d373492cb644","block_type":"box","text":".","page_number":1,"box":{"x":540,"y":650,"width":2,"height":1}},{"id":"b47c5da8-f863-4ff2-9790-a4bacde14bff","block_type":"box","text":"4","page_number":1,"box":{"x":533,"y":643,"width":9,"height":5}},{"id":"b13c2e51-07fc-4c52-afe3-b79d0d53b5f5","block_type":"box","text":"5","page_number":1,"box":{"x":533,"y":637,"width":9,"height":5}},{"id":"67f956cc-9a25-4e63-b8f5-cc6a69b2e786","block_type":"box","text":"","page_number":1,"box":{"x":672,"y":715,"width":1,"height":3}},{"id":"66c63c17-84a9-4107-8456-695505253fd9","block_type":"box","text":"0","page_number":1,"box":{"x":668,"y":709,"width":10,"height":5}},{"id":"fcdaf444-8e65-4ba8-a99e-c6f0b010eb86","block_type":"box","text":".","page_number":1,"box":{"x":676,"y":706,"width":2,"height":2}},{"id":"1cfcf1d0-1581-4889-9937-5bb16aa0c449","block_type":"box","text":"4","page_number":1,"box":{"x":668,"y":700,"width":9,"height":5}},{"id":"b166e75a-8ba4-4d5c-aec0-8a61131a6466","block_type":"box","text":"7","page_number":1,"box":{"x":668,"y":694,"width":9,"height":5}},{"id":"5c35e97f-00b0-4b12-8b7e-161e93640505","block_type":"box","text":"0","page_number":1,"box":{"x":803,"y":673,"width":10,"height":5}},{"id":"7634ca08-e547-4269-bd2e-78bcdcf9eb98","block_type":"box","text":".","page_number":1,"box":{"x":811,"y":671,"width":2,"height":1}},{"id":"8206dfee-8a54-4b8c-b599-8d162e7e626a","block_type":"box","text":"7","page_number":1,"box":{"x":803,"y":665,"width":10,"height":5}},{"id":"7814d859-1f3f-49d0-bc86-388aa2b09c43","block_type":"box","text":"6","page_number":1,"box":{"x":803,"y":659,"width":10,"height":5}},{"id":"6a068361-e679-4c53-8003-654925752009","block_type":"box","text":"","page_number":1,"box":{"x":165,"y":737,"width":1,"height":3}},{"id":"c257d410-5a63-42cb-b05f-9120a5ab2b27","block_type":"box","text":"4","page_number":1,"box":{"x":161,"y":731,"width":10,"height":5}},{"id":"4300991a-6391-4eca-bae0-165559c57a84","block_type":"box","text":".","page_number":1,"box":{"x":169,"y":728,"width":2,"height":2}},{"id":"1c89675a-ced4-4b3f-8327-300765ecb164","block_type":"box","text":"2","page_number":1,"box":{"x":161,"y":722,"width":10,"height":5}},{"id":"78438b4b-70d7-4bc3-8576-620bff42fce2","block_type":"box","text":"5","page_number":1,"box":{"x":161,"y":716,"width":10,"height":5}},{"id":"1d13dd8f-f43e-4a40-a31d-6828a145a628","block_type":"box","text":"","page_number":1,"box":{"x":301,"y":731,"width":1,"height":3}},{"id":"77b14c49-112a-4c1c-a08a-cdac96c1ab28","block_type":"box","text":"3","page_number":1,"box":{"x":296,"y":725,"width":10,"height":5}},{"id":"91b40c92-fbfd-4487-b923-75dfe36fe535","block_type":"box","text":".","page_number":1,"box":{"x":304,"y":723,"width":2,"height":1}},{"id":"e75af3d7-7fe0-4a88-8ae6-7a7ec1d98fd3","block_type":"box","text":"2","page_number":1,"box":{"x":296,"y":716,"width":10,"height":5}},{"id":"c0efde6c-e3a4-4dbc-bd3f-176f34e54305","block_type":"box","text":"2","page_number":1,"box":{"x":296,"y":710,"width":10,"height":5}},{"id":"3710a713-fe22-47fb-8d41-46a421674480","block_type":"box","text":"","page_number":1,"box":{"x":436,"y":721,"width":1,"height":3}},{"id":"2d3f6dc4-d4f4-4c9b-8afa-cb4ef8d969fb","block_type":"box","text":"1","page_number":1,"box":{"x":432,"y":717,"width":9,"height":3}},{"id":"4deb2cdc-3f56-4fce-9c55-a2c4d70ba6c5","block_type":"box","text":".","page_number":1,"box":{"x":440,"y":714,"width":2,"height":2}},{"id":"643dddc7-e6d7-40d2-834c-2fc91b4219f7","block_type":"box","text":"7","page_number":1,"box":{"x":432,"y":709,"width":9,"height":4}},{"id":"8fedbaeb-8b72-4202-a1c4-6509c17f84d8","block_type":"box","text":"5","page_number":1,"box":{"x":432,"y":703,"width":10,"height":5}},{"id":"b171d892-cf4c-4daf-8570-4498dfdad80c","block_type":"box","text":"4","page_number":1,"box":{"x":567,"y":652,"width":10,"height":5}},{"id":"4286a121-79b1-496d-bcdf-317b7b84c152","block_type":"box","text":".","page_number":1,"box":{"x":575,"y":650,"width":2,"height":1}},{"id":"3b839f94-8c12-4beb-833b-ecbaf1de5d9a","block_type":"box","text":"4","page_number":1,"box":{"x":567,"y":643,"width":10,"height":5}},{"id":"db5264bc-b38b-485d-b4e3-0e6b340efe5f","block_type":"box","text":"6","page_number":1,"box":{"x":567,"y":637,"width":10,"height":5}},{"id":"86361381-912e-4a3f-94a3-d59bee56fbdf","block_type":"box","text":"","page_number":1,"box":{"x":707,"y":715,"width":1,"height":4}},{"id":"ecc2006d-6ce8-4c82-9a46-9e197714c39a","block_type":"box","text":"0","page_number":1,"box":{"x":703,"y":709,"width":9,"height":5}},{"id":"38c09a19-8ece-473d-8b5f-7870a10f854d","block_type":"box","text":".","page_number":1,"box":{"x":711,"y":707,"width":1,"height":1}},{"id":"63642583-455f-45a6-9302-b0a879296664","block_type":"box","text":"4","page_number":1,"box":{"x":703,"y":700,"width":9,"height":5}},{"id":"47f2e038-4dbe-4a9e-8c53-ac7753135e01","block_type":"box","text":"6","page_number":1,"box":{"x":703,"y":694,"width":9,"height":5}},{"id":"41d83ae8-57d2-4ad7-a927-096523e7324a","block_type":"box","text":"0","page_number":1,"box":{"x":838,"y":673,"width":10,"height":5}},{"id":"7613b649-fb0f-4b5d-9149-7de3090d5451","block_type":"box","text":".","page_number":1,"box":{"x":846,"y":671,"width":2,"height":1}},{"id":"a1d072f4-22c7-4319-8115-97a3a9a77858","block_type":"box","text":"7","page_number":1,"box":{"x":838,"y":665,"width":10,"height":5}},{"id":"97498d52-c08a-4166-9d55-e5c5b2f5bc7e","block_type":"box","text":"5","page_number":1,"box":{"x":838,"y":659,"width":10,"height":5}},{"id":"ff722f21-73c6-46e5-98e3-ba31229529bf","block_type":"box","text":"","page_number":1,"box":{"x":200,"y":737,"width":1,"height":3}},{"id":"dc1ef5b5-2dec-4705-8039-e33b73ca89fe","block_type":"box","text":"4","page_number":1,"box":{"x":196,"y":731,"width":9,"height":5}},{"id":"b0d663f4-9993-497e-9f6c-32c693d51783","block_type":"box","text":".","page_number":1,"box":{"x":204,"y":728,"width":2,"height":2}},{"id":"19819969-7b95-49e1-888d-f36675e635fb","block_type":"box","text":"2","page_number":1,"box":{"x":196,"y":722,"width":9,"height":5}},{"id":"268c0747-57a1-4dcc-a83a-b22b35251ba5","block_type":"box","text":"5","page_number":1,"box":{"x":196,"y":716,"width":10,"height":5}},{"id":"b7383f5c-72f6-4568-a85c-2e4c87f540b3","block_type":"box","text":"","page_number":1,"box":{"x":335,"y":731,"width":2,"height":3}},{"id":"f26f93df-3137-4731-8b57-226a00b4832b","block_type":"box","text":"3","page_number":1,"box":{"x":331,"y":724,"width":10,"height":5}},{"id":"f6bd8f76-7b9a-4d5b-9c53-52e6d3f283a6","block_type":"box","text":".","page_number":1,"box":{"x":339,"y":722,"width":2,"height":1}},{"id":"1063f1e8-64ec-4328-8682-922a06bb0fdf","block_type":"box","text":"3","page_number":1,"box":{"x":331,"y":716,"width":10,"height":5}},{"id":"16b1fbf1-12c9-4b9c-8994-9c06059ab5f5","block_type":"box","text":"1","page_number":1,"box":{"x":331,"y":712,"width":10,"height":3}},{"id":"380f157f-4c02-4638-8721-cadd189beb60","block_type":"box","text":"","page_number":1,"box":{"x":471,"y":721,"width":1,"height":3}},{"id":"8dbe2187-8d2e-4b0a-a35f-9d6e5c2463c4","block_type":"box","text":"1","page_number":1,"box":{"x":467,"y":717,"width":9,"height":3}},{"id":"3aa48fed-83f6-4f1a-8159-91c5167b4b5a","block_type":"box","text":".","page_number":1,"box":{"x":475,"y":714,"width":1,"height":1}},{"id":"7fde8852-ab0f-4e95-a5e7-9c1d43e30433","block_type":"box","text":"6","page_number":1,"box":{"x":467,"y":708,"width":9,"height":5}},{"id":"84161344-39aa-465e-9db3-d05b7dff2e40","block_type":"box","text":"5","page_number":1,"box":{"x":467,"y":702,"width":9,"height":5}},{"id":"d32ed9f2-34e7-49e5-b760-4b3c270b3142","block_type":"box","text":"4","page_number":1,"box":{"x":602,"y":651,"width":10,"height":6}},{"id":"a36a379a-7fda-4778-8e89-52d38bbbd073","block_type":"box","text":".","page_number":1,"box":{"x":610,"y":649,"width":2,"height":1}},{"id":"f22457e2-4a03-487c-80ce-0cc39573c9fc","block_type":"box","text":"5","page_number":1,"box":{"x":602,"y":643,"width":10,"height":5}},{"id":"26b921c6-340c-4169-a397-9be5de89fc16","block_type":"box","text":"3","page_number":1,"box":{"x":602,"y":637,"width":10,"height":5}},{"id":"2f7e7b83-55ef-470e-a938-d3db00b96d75","block_type":"box","text":"","page_number":1,"box":{"x":742,"y":715,"width":1,"height":3}},{"id":"b341e652-f792-4722-8a67-a49f6f24ee4e","block_type":"box","text":"0","page_number":1,"box":{"x":737,"y":708,"width":10,"height":5}},{"id":"7ef693a4-efda-4883-abb5-3e6e3c82fb2a","block_type":"box","text":".","page_number":1,"box":{"x":745,"y":706,"width":2,"height":1}},{"id":"f079903d-9f78-44aa-99e9-bb7d2fa8eb40","block_type":"box","text":"3","page_number":1,"box":{"x":737,"y":700,"width":10,"height":5}},{"id":"3ce51c3d-a7a8-4586-91fc-38c65b4b599e","block_type":"box","text":"9","page_number":1,"box":{"x":737,"y":694,"width":10,"height":5}},{"id":"de9e01d7-07ba-470d-a5fd-1449e30f7400","block_type":"box","text":"0","page_number":1,"box":{"x":873,"y":673,"width":9,"height":5}},{"id":"64a816e6-73e7-4bcf-9e6e-d40a6bd01b46","block_type":"box","text":".","page_number":1,"box":{"x":881,"y":670,"width":1,"height":2}},{"id":"fe19a464-f864-40dc-ac88-fd89887e6d18","block_type":"box","text":"8","page_number":1,"box":{"x":873,"y":664,"width":9,"height":5}},{"id":"ac088c91-ff61-428f-bfec-43b4a0710c27","block_type":"box","text":"8","page_number":1,"box":{"x":873,"y":658,"width":9,"height":5}},{"id":"adb2c279-928c-4df8-ba01-4a7a9069d5ce","block_type":"box","text":"N","page_number":1,"box":{"x":83,"y":786,"width":8,"height":7}},{"id":"cac8899b-7ba1-4860-ae25-e07176b4632b","block_type":"box","text":"AV","page_number":1,"box":{"x":92,"y":786,"width":8,"height":7}},{"id":"c26eecad-589a-46bf-98b1-2f581dcec7cb","block_type":"box","text":"AV","page_number":1,"box":{"x":100,"y":786,"width":8,"height":7}},{"id":"8fd62297-e289-4757-a547-ebb9177c42e8","block_type":"box","text":"M","page_number":1,"box":{"x":186,"y":786,"width":10,"height":7}},{"id":"ddd0e37d-46a3-453f-addd-4134b08a5fd8","block_type":"box","text":"a","page_number":1,"box":{"x":197,"y":787,"width":6,"height":6}},{"id":"09213dd5-24ac-4f55-9262-1774543de35f","block_type":"box","text":"r","page_number":1,"box":{"x":205,"y":787,"width":3,"height":6}},{"id":"35086abd-2a1b-4599-867a-eed8d4f9ec8e","block_type":"box","text":"k","page_number":1,"box":{"x":210,"y":786,"width":6,"height":7}},{"id":"98034914-35b0-4113-8cfe-6a4b769aa38d","block_type":"box","text":"e","page_number":1,"box":{"x":216,"y":787,"width":6,"height":6}},{"id":"692fa25c-9105-41d8-9c53-9e0eafe6f814","block_type":"box","text":"t","page_number":1,"box":{"x":223,"y":786,"width":4,"height":7}},{"id":"c331cc83-d820-4b10-b172-1495cb6da482","block_type":"box","text":"V","page_number":1,"box":{"x":231,"y":786,"width":9,"height":7}},{"id":"0bde2dd7-03ae-4f51-ae32-42e80cd60081","block_type":"box","text":"a","page_number":1,"box":{"x":240,"y":787,"width":5,"height":6}},{"id":"260883ff-04e2-43e2-8688-5d2d91f93cb0","block_type":"box","text":"l","page_number":1,"box":{"x":247,"y":786,"width":1,"height":7}},{"id":"06cf2677-65af-4bb0-a232-bf6746adf63b","block_type":"box","text":"u","page_number":1,"box":{"x":250,"y":788,"width":6,"height":5}},{"id":"ea120337-29ce-434f-9298-b2a187e3ce43","block_type":"box","text":"e","page_number":1,"box":{"x":258,"y":787,"width":6,"height":6}},{"id":"d684b466-e316-44fa-9796-38f328fc45c4","block_type":"box","text":"I","page_number":1,"box":{"x":344,"y":786,"width":1,"height":7}},{"id":"a6dfc02e-cb5b-4f8f-9c47-d94c0d3f89f8","block_type":"box","text":"n","page_number":1,"box":{"x":347,"y":787,"width":6,"height":6}},{"id":"36d07cf1-f52b-4545-8ae6-780542e67aa8","block_type":"box","text":"d","page_number":1,"box":{"x":354,"y":786,"width":6,"height":7}},{"id":"39cdc1b2-083e-40d0-b179-5f733ab8f0fd","block_type":"box","text":"e","page_number":1,"box":{"x":362,"y":787,"width":6,"height":6}},{"id":"f58a8e7f-758b-4c47-9f01-6ebc0194a6ca","block_type":"box","text":"x","page_number":1,"box":{"x":369,"y":788,"width":6,"height":5}},{"id":"aea51bd8-b3b4-4b56-9e54-271e8be288b2","block_type":"box","text":"Performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher","page_number":1,"box":{"x":61,"y":799,"width":859,"height":9}},{"id":"4b78a503-a253-42bb-8008-a71b245681d5","block_type":"box","text":"than the performance data quoted. Investment return and principal value will fluctuate so that the investor's shares, when redeemed, may","page_number":1,"box":{"x":60,"y":811,"width":859,"height":10}},{"id":"8fe32fd1-3470-4433-86ff-bb8d595cdfea","block_type":"box","text":"be worth more or less than the original cost. All results assume the reinvestment of dividends and capital gains. Performance is shown net","page_number":1,"box":{"x":61,"y":824,"width":860,"height":10}},{"id":"5e1011c6-9061-4b1b-a38f-4aa6c3a92947","block_type":"box","text":"of any fees. Periods of less than one year are not annualized. Visit","page_number":1,"box":{"x":60,"y":836,"width":408,"height":10}},{"id":"e7ec1221-a11a-4641-888c-da85d12afe69","block_type":"box","text":"statestreet.com/im","page_number":1,"box":{"x":472,"y":836,"width":119,"height":9}},{"id":"951c3c32-879f-413b-b9ce-05cfe4bcec5a","block_type":"box","text":"for most recent month-end performance. Performance","page_number":1,"box":{"x":595,"y":837,"width":342,"height":9}},{"id":"44ebc699-1782-4c9a-9c1a-ad8ad868a2ba","block_type":"box","text":"of an index is not illustrative of any particular investment. It is not possible to invest directly in an index. Index returns are unmanaged and do","page_number":1,"box":{"x":60,"y":849,"width":875,"height":10}},{"id":"541483d5-f3af-4c01-9808-0bd074d99208","block_type":"box","text":"not reflect the deduction of any fees or expenses. Index returns reflect all items of income, gain and loss and the reinvestment of dividends","page_number":1,"box":{"x":61,"y":862,"width":864,"height":10}},{"id":"d8f475df-bb47-4a61-9897-e19cc18bdf49","block_type":"box","text":"and other income as applicable.","page_number":1,"box":{"x":60,"y":874,"width":198,"height":10}},{"id":"c839d8bc-6e68-4e62-821a-ef1238a6e829","block_type":"box","text":"State Street","page_number":1,"box":{"x":59,"y":49,"width":276,"height":41}},{"id":"3d4fa312-bc3c-4383-b968-60588b2e9cef","block_type":"box","text":"®","page_number":1,"box":{"x":336,"y":49,"width":12,"height":9}},{"id":"35f5f734-882a-4b15-a9d2-fcc505b0ef16","block_type":"box","text":"SPDR","page_number":1,"box":{"x":349,"y":49,"width":128,"height":41}},{"id":"aed52ca5-e989-4936-91c9-cb0b0c22d44c","block_type":"box","text":"®","page_number":1,"box":{"x":478,"y":49,"width":12,"height":9}},{"id":"9df5dc5e-9324-4d21-a26f-6573fd673fce","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":490,"y":46,"width":228,"height":44}},{"id":"fca5eabf-36f1-47b8-81b4-5cc039618aaf","block_type":"box","text":"Mortgage Backed Bond ETF","page_number":1,"box":{"x":60,"y":103,"width":613,"height":52}},{"id":"d7604dd9-49cc-4504-ae5a-41c339492212","block_type":"box","text":"SPMB","page_number":1,"box":{"x":829,"y":56,"width":95,"height":32}},{"id":"0a973e23-392d-4574-b4f4-38e523103739","block_type":"box","text":"Fact Sheet","page_number":1,"box":{"x":819,"y":108,"width":66,"height":7}},{"id":"b4522153-b2cb-4894-a544-88441960bc24","block_type":"box","text":"Fixed Income","page_number":1,"box":{"x":819,"y":120,"width":79,"height":8}},{"id":"5986293b-4988-40af-b3a4-f4fb1a37d70d","block_type":"box","text":"As of 09/30/2026","page_number":1,"box":{"x":818,"y":135,"width":107,"height":9}},{"id":"1e0c1ac2-0eea-4da8-81b6-de9e516af906","block_type":"box","text":"2","page_number":2,"box":{"x":934,"y":946,"width":6,"height":8}},{"id":"b0a2cd2b-dc66-4c31-9ee1-5873db16a8f8","block_type":"box","text":"Sector weights","page_number":2,"box":{"x":60,"y":53,"width":94,"height":10}},{"id":"a40275d1-b5e2-4973-a364-b9a318484f77","block_type":"box","text":"Weight (%)","page_number":2,"box":{"x":411,"y":52,"width":68,"height":11}},{"id":"aa35bc6c-8c9d-483f-a134-55ab64290414","block_type":"box","text":"Mortgage Backed Securities","page_number":2,"box":{"x":61,"y":74,"width":170,"height":10}},{"id":"86f6555e-be7b-40fb-8228-241f3c6d7e19","block_type":"box","text":"99.75","page_number":2,"box":{"x":444,"y":74,"width":35,"height":8}},{"id":"0c6ef9d6-1a33-458e-9384-f3b2ecdabe91","block_type":"box","text":"Cash","page_number":2,"box":{"x":61,"y":96,"width":29,"height":7}},{"id":"9cef4024-b998-4ce2-90a4-b989ebd6079e","block_type":"box","text":"0.23","page_number":2,"box":{"x":452,"y":96,"width":27,"height":7}},{"id":"af11d74b-8797-4bd5-aa86-d068c0ea17c7","block_type":"box","text":"Other","page_number":2,"box":{"x":61,"y":117,"width":33,"height":7}},{"id":"1d62261b-f43c-4169-8c3c-8a77c1a29cf9","block_type":"box","text":"0.02","page_number":2,"box":{"x":452,"y":117,"width":27,"height":7}},{"id":"00dab7be-3dba-469e-a045-5b03a2562268","block_type":"box","text":"Quality Breakdown","page_number":2,"box":{"x":61,"y":157,"width":117,"height":9}},{"id":"b6524b88-1fcc-43f1-82ca-3662a7688a6b","block_type":"box","text":"Weight (%)","page_number":2,"box":{"x":411,"y":156,"width":68,"height":11}},{"id":"f3c8a11a-9bd1-4059-92ae-f94ab6dd803e","block_type":"box","text":"Aaa","page_number":2,"box":{"x":60,"y":179,"width":22,"height":7}},{"id":"90952060-278c-412c-a344-dd29b66fd51e","block_type":"box","text":"0.23","page_number":2,"box":{"x":452,"y":178,"width":27,"height":8}},{"id":"fe66e99e-1c3e-4c26-8eb6-69448de3ce8d","block_type":"box","text":"Not Rated","page_number":2,"box":{"x":61,"y":200,"width":59,"height":7}},{"id":"c530ca7d-34c8-458d-9372-26ae62b4a34f","block_type":"box","text":"99.77","page_number":2,"box":{"x":444,"y":200,"width":35,"height":7}},{"id":"0a6e31a2-6ea4-4069-89d0-c7c201614051","block_type":"box","text":"Maturity Ladder","page_number":2,"box":{"x":61,"y":240,"width":99,"height":9}},{"id":"727c1097-8a92-4376-abbe-f6693e1e5fbb","block_type":"box","text":"Weight (%)","page_number":2,"box":{"x":411,"y":239,"width":68,"height":10}},{"id":"98e5cbb2-b862-47d0-96dc-6fab633f9e74","block_type":"box","text":"0 - 1 Year","page_number":2,"box":{"x":61,"y":261,"width":59,"height":8}},{"id":"f77274f3-9b96-4f0c-8e46-9ae2c7fb7b73","block_type":"box","text":"0.26","page_number":2,"box":{"x":452,"y":261,"width":27,"height":8}},{"id":"28c219dc-be21-4682-af2e-bd36553c9cc2","block_type":"box","text":"1 - 2 Years","page_number":2,"box":{"x":62,"y":283,"width":64,"height":7}},{"id":"a94f7cbb-c1d7-4ce6-953b-22bf37b8a2bc","block_type":"box","text":"0.12","page_number":2,"box":{"x":452,"y":283,"width":27,"height":7}},{"id":"41476af0-f2a9-40c7-8670-ca274b5049c1","block_type":"box","text":"2 - 3 Years","page_number":2,"box":{"x":61,"y":304,"width":65,"height":7}},{"id":"6cbdb02a-e33c-4617-9026-df76ba5819df","block_type":"box","text":"0.30","page_number":2,"box":{"x":452,"y":304,"width":27,"height":7}},{"id":"bb063a02-673b-4f69-9513-0cce3c381517","block_type":"box","text":"3 - 5 Years","page_number":2,"box":{"x":61,"y":325,"width":65,"height":7}},{"id":"92d92a2b-87c0-4685-a901-5ede51722216","block_type":"box","text":"5.86","page_number":2,"box":{"x":453,"y":325,"width":26,"height":7}},{"id":"d4b508ca-f9fe-43f0-bc44-b3d8836eb886","block_type":"box","text":"5 - 7 Years","page_number":2,"box":{"x":61,"y":346,"width":65,"height":8}},{"id":"2bc0d190-7395-46a4-a099-844bce479a68","block_type":"box","text":"12.31","page_number":2,"box":{"x":445,"y":346,"width":32,"height":8}},{"id":"1d8840bf-9e8b-4d75-99da-679f6a27eae4","block_type":"box","text":"7 - 10 Years","page_number":2,"box":{"x":61,"y":367,"width":74,"height":8}},{"id":"b25d87ef-9530-4b18-9e62-c204c7f0aa9f","block_type":"box","text":"80.35","page_number":2,"box":{"x":444,"y":367,"width":35,"height":8}},{"id":"e4701de3-544d-4303-866a-29d271efce3a","block_type":"box","text":"10 - 15 Years","page_number":2,"box":{"x":62,"y":388,"width":81,"height":8}},{"id":"e3f4554b-b9f4-4330-b750-f17c33f8d369","block_type":"box","text":"0.79","page_number":2,"box":{"x":452,"y":388,"width":27,"height":8}},{"id":"d7b720b4-34c1-46da-b93e-3812ef12b445","block_type":"box","text":"Totals may not equal 100 due to rounding.","page_number":2,"box":{"x":61,"y":408,"width":252,"height":10}},{"id":"6673d52d-2fa2-4cbe-b400-87e5173f5cab","block_type":"box","text":"Characteristics/ Holdings/ Weights are subject to change, and should","page_number":2,"box":{"x":61,"y":420,"width":416,"height":10}},{"id":"08cc39b3-c840-4d2e-a2fb-2f9664a1024f","block_type":"box","text":"not be relied upon as current thereafter.","page_number":2,"box":{"x":61,"y":433,"width":239,"height":10}},{"id":"7f6dbb0b-ecae-4b84-bec9-7c8d2fa9821a","block_type":"box","text":"Source: State Street Investment Management, 30th September 2026.","page_number":2,"box":{"x":61,"y":446,"width":418,"height":9}},{"id":"f0140312-fcab-4fa7-ab5a-2e111dc7601e","block_type":"box","text":"About This Benchmark","page_number":2,"box":{"x":516,"y":48,"width":250,"height":14}},{"id":"d579b034-d52c-4c51-a413-4b7a7dbfdfa0","block_type":"box","text":"The Bloomberg U.S. MBS Index (the \"MBS Index\") measures the","page_number":2,"box":{"x":516,"y":78,"width":387,"height":10}},{"id":"37de9660-0a4e-43c3-8c79-c8ee94493289","block_type":"box","text":"performance of the U.S. agency mortgage pass-through segment","page_number":2,"box":{"x":516,"y":91,"width":396,"height":10}},{"id":"9e5f4a5c-87c7-4ebe-9cad-382ce02d0752","block_type":"box","text":"of the U.S. investment grade bond market. The term \"U.S. agency","page_number":2,"box":{"x":516,"y":104,"width":394,"height":9}},{"id":"cd0a0115-b04b-4e27-93e3-b1d34486e50a","block_type":"box","text":"mortgage pass-through security\" refers to a category of pass-through","page_number":2,"box":{"x":516,"y":116,"width":423,"height":10}},{"id":"bdeceecf-f86e-4449-be8a-40de6c610246","block_type":"box","text":"securities backed by pools of mortgages and issued by one of the","page_number":2,"box":{"x":516,"y":129,"width":398,"height":10}},{"id":"40e1de80-f25f-4dfe-87ed-4bb27d7d6b69","block_type":"box","text":"following U.S. government-sponsored enterprises: Government","page_number":2,"box":{"x":515,"y":142,"width":381,"height":9}},{"id":"936c16a9-2c5f-49cf-a657-f5dfb32babb4","block_type":"box","text":"National Mortgage Association (\"GNMA\"); Federal National Mortgage","page_number":2,"box":{"x":516,"y":154,"width":414,"height":10}},{"id":"4fb80bbc-efc7-4d35-a2ea-95945b5ac67c","block_type":"box","text":"Association (\"FNMA\") and Federal Home Loan Mortgage Corporation","page_number":2,"box":{"x":515,"y":167,"width":414,"height":10}},{"id":"261aacb7-140d-4d87-b1f1-ac228e1a4205","block_type":"box","text":"(\"FHLMC\").","page_number":2,"box":{"x":516,"y":179,"width":66,"height":10}},{"id":"691b233c-ddac-4f38-b1b0-1a5fc65a5896","block_type":"box","text":"Learn more about","page_number":2,"box":{"x":536,"y":233,"width":136,"height":9}},{"id":"66e1c8d0-b878-404e-a0a3-82ed4b876d32","block_type":"box","text":"State Street","page_number":2,"box":{"x":535,"y":248,"width":93,"height":10}},{"id":"bfd858cb-f829-4760-b576-cca3860e7fd6","block_type":"box","text":"®","page_number":2,"box":{"x":629,"y":248,"width":5,"height":4}},{"id":"6cec35c8-59e2-47cd-ad02-2d14fea9f8f9","block_type":"box","text":"SPDR","page_number":2,"box":{"x":634,"y":248,"width":47,"height":10}},{"id":"23f7b1a0-6906-4aa4-a7cd-7bd472c56803","block_type":"box","text":"®","page_number":2,"box":{"x":682,"y":248,"width":5,"height":4}},{"id":"053fde7a-12eb-4672-8e69-a39a08489bd2","block_type":"box","text":"Portfolio","page_number":2,"box":{"x":688,"y":248,"width":74,"height":10}},{"id":"a78e231c-5612-463a-b7db-e2f17ec2e15e","block_type":"box","text":"Mortgage Backed Bond ETF","page_number":2,"box":{"x":536,"y":263,"width":219,"height":12}},{"id":"6f65f4f8-7624-425a-87dd-7a8d2745ca40","block_type":"box","text":"(SPMB)","page_number":2,"box":{"x":536,"y":277,"width":57,"height":12}},{"id":"1f167b9c-09ca-4b96-82bf-07416e7fec70","block_type":"box","text":"statestreet.com/im","page_number":2,"box":{"x":61,"y":496,"width":209,"height":15}},{"id":"674c25ce-56c7-4efc-89e8-7e16d521e4ed","block_type":"box","text":"Information Classification: General","page_number":2,"box":{"x":61,"y":532,"width":172,"height":8}},{"id":"76fde6df-eb19-4751-ac98-51ec93d9e37c","block_type":"box","text":"State Street Global Advisors (SSGA) is now State Street Investment Management.","page_number":2,"box":{"x":60,"y":549,"width":408,"height":10}},{"id":"329def11-8195-4d04-80f0-feb431c3b4b2","block_type":"box","text":"Please go to statestreet.com/investment-management for more information.","page_number":2,"box":{"x":61,"y":562,"width":382,"height":10}},{"id":"190bc1ec-7a82-44c4-81c4-bea0e179481a","block_type":"box","text":"State Street Investment Management","page_number":2,"box":{"x":60,"y":580,"width":187,"height":10}},{"id":"070988b8-9da0-41f3-a6d0-67cb3b85ce2b","block_type":"box","text":", One Congress Street, Boston MA 02114, T: +1","page_number":2,"box":{"x":248,"y":580,"width":224,"height":10}},{"id":"4a12b5da-6a17-4dad-994e-d092b86fda30","block_type":"box","text":"866 787 2257","page_number":2,"box":{"x":61,"y":593,"width":66,"height":7}},{"id":"d464c8ab-b006-4ce6-b374-d5eaa276dc04","block_type":"box","text":"Glossary","page_number":2,"box":{"x":60,"y":621,"width":45,"height":9}},{"id":"a1881de0-baf2-4f83-83d5-24189dd2d3c8","block_type":"box","text":"NAV","page_number":2,"box":{"x":61,"y":638,"width":21,"height":8}},{"id":"d3df178f-7f6b-4729-afac-33e93785aa72","block_type":"box","text":"The market value of a mutual fund's or ETFs total assets, minus liabilities, divided","page_number":2,"box":{"x":88,"y":638,"width":390,"height":9}},{"id":"9d6f5d13-94d2-4269-8fae-98f2179d2cbe","block_type":"box","text":"by the number of shares outstanding.","page_number":2,"box":{"x":61,"y":651,"width":180,"height":9}},{"id":"8fb532d1-d70b-4019-a1ac-2014bda6f8e6","block_type":"box","text":"Market Value","page_number":2,"box":{"x":61,"y":669,"width":65,"height":7}},{"id":"3c0e5f6a-1cc2-48f7-b088-5ac1aec42417","block_type":"box","text":"Determined by the midpoint between the bid/offer prices as of the","page_number":2,"box":{"x":132,"y":668,"width":320,"height":10}},{"id":"8324e448-6c81-48c3-8128-f2ef8b55ccce","block_type":"box","text":"closing time of the New York Stock Exchange (typically 4:00PM EST) on business days.","page_number":2,"box":{"x":60,"y":680,"width":421,"height":11}},{"id":"de9f4234-f2ed-42cb-a9e1-01956aa13aa0","block_type":"box","text":"Gross Expense Ratio","page_number":2,"box":{"x":60,"y":699,"width":103,"height":9}},{"id":"12f722c1-3600-438f-88ed-dcf01e7e50e2","block_type":"box","text":"The fund's total annual operating expense ratio. It is gross of any","page_number":2,"box":{"x":169,"y":698,"width":312,"height":10}},{"id":"6f4e13db-ea9a-45ca-9f7f-56788abcb5e5","block_type":"box","text":"fee waivers or expense reimbursements. It can be found in the fund's most recent","page_number":2,"box":{"x":60,"y":711,"width":394,"height":10}},{"id":"1ca8b1ae-8b71-4510-916d-d86e2a600cb5","block_type":"box","text":"prospectus.","page_number":2,"box":{"x":61,"y":725,"width":55,"height":9}},{"id":"af72f491-c821-41aa-ad11-cdb55adde5f5","block_type":"box","text":"30 Day SEC Yield","page_number":2,"box":{"x":61,"y":741,"width":85,"height":10}},{"id":"612a6b63-58dc-4ea9-ae64-9a24f1266251","block_type":"box","text":"(Also known as Standardized Yield) An annualized yield that is","page_number":2,"box":{"x":153,"y":741,"width":298,"height":10}},{"id":"15f3c59a-6851-41c1-afe8-43bdff01fdfe","block_type":"box","text":"calculated by dividing the net investment income earned by the fund over the most","page_number":2,"box":{"x":60,"y":754,"width":401,"height":10}},{"id":"04dd703b-9ecd-4cdd-af1e-7d0003a7e0cf","block_type":"box","text":"recent 30-day period by the current maximum offering price.","page_number":2,"box":{"x":61,"y":767,"width":292,"height":10}},{"id":"a7bc7b35-7a15-43e6-8e08-b798b293206f","block_type":"box","text":"30 Day SEC Yield","page_number":2,"box":{"x":61,"y":784,"width":85,"height":10}},{"id":"39262943-2325-41ef-b03c-78dbfaba3bba","block_type":"box","text":"(Unsubsidized Yield)","page_number":2,"box":{"x":150,"y":784,"width":103,"height":10}},{"id":"679e0493-f541-4d35-ac52-a5c1d6980551","block_type":"box","text":"An annualized yield that is calculated by","page_number":2,"box":{"x":257,"y":784,"width":193,"height":10}},{"id":"97b47676-508a-45d8-ac1a-cb0617245ed7","block_type":"box","text":"dividing the net investment income earned by the fund over the most recent 30-day","page_number":2,"box":{"x":60,"y":797,"width":406,"height":10}},{"id":"dc5e7e10-4abf-4a14-95bc-fe458527828d","block_type":"box","text":"period by the current maximum offering price that does not account for expense ratio","page_number":2,"box":{"x":61,"y":810,"width":412,"height":10}},{"id":"b2410b78-d84f-415d-b0da-33be2d441bf3","block_type":"box","text":"waivers.","page_number":2,"box":{"x":60,"y":822,"width":39,"height":8}},{"id":"f0a57daa-d57d-425f-b2b4-7a0c8ac43b21","block_type":"box","text":"Index Average Yield to Worst","page_number":2,"box":{"x":61,"y":840,"width":143,"height":10}},{"id":"b34a37a7-9550-4a93-befa-342b8e72d501","block_type":"box","text":"The lowest potential yield that can be received on a bond","page_number":2,"box":{"x":208,"y":840,"width":276,"height":10}},{"id":"059fc88e-e69e-42eb-a5f5-85963ef0e2ce","block_type":"box","text":"without the issuer actually defaulting. The YTW is calculated by making worst-case","page_number":2,"box":{"x":60,"y":853,"width":402,"height":9}},{"id":"43705f38-fc75-4d86-8896-aa377e2b0816","block_type":"box","text":"scenario assumptions on the issue by calculating the return that would be received if","page_number":2,"box":{"x":61,"y":865,"width":409,"height":10}},{"id":"fbe64e9c-a3a1-4eec-b0ba-265a1c768299","block_type":"box","text":"the issuer uses provisions, including prepayments. When aggregating YTW for a","page_number":2,"box":{"x":60,"y":878,"width":386,"height":10}},{"id":"4b46b812-916f-48f0-867d-186fcbe73d8f","block_type":"box","text":"portfolio level statistic, the weighted average of the YTW and market value for each","page_number":2,"box":{"x":516,"y":532,"width":402,"height":10}},{"id":"4c2ce99c-fb19-4beb-b463-097625e5207b","block_type":"box","text":"security is used.","page_number":2,"box":{"x":516,"y":545,"width":77,"height":9}},{"id":"9993bd8b-7e83-422b-9976-53f07e508c02","block_type":"box","text":"Option Adjusted Duration","page_number":2,"box":{"x":516,"y":562,"width":126,"height":10}},{"id":"ca95e197-4993-4e06-89f0-e54845613976","block_type":"box","text":"Also known as effective duration which is a duration","page_number":2,"box":{"x":646,"y":562,"width":250,"height":8}},{"id":"fd3299b2-aad7-4553-8201-5d4d1b991295","block_type":"box","text":"calculation that takes into account the effect of embedded options in bonds. An","page_number":2,"box":{"x":516,"y":575,"width":384,"height":10}},{"id":"2741b90c-dfb5-4653-b00b-ee1af8117a08","block_type":"box","text":"option-adjusted measure of a bond's (or portfolio's) sensitivity to changes in interest","page_number":2,"box":{"x":516,"y":587,"width":407,"height":10}},{"id":"8039f47b-f1ef-4c6c-9916-69d8be297a22","block_type":"box","text":"rates calculated as the average percentage change in a bond's value (price plus","page_number":2,"box":{"x":516,"y":600,"width":384,"height":10}},{"id":"71e6d7b9-353a-423d-beb6-ed872a86d162","block_type":"box","text":"accrued interest) under shifts of the Treasury curve +/- 100 bps.","page_number":2,"box":{"x":516,"y":613,"width":310,"height":9}},{"id":"1c4eca86-747d-41ee-96e7-d4ec9c760f5d","block_type":"box","text":"Option Adjusted Spread","page_number":2,"box":{"x":516,"y":630,"width":118,"height":10}},{"id":"39897f67-0bdc-44a1-8033-2348a6960be2","block_type":"box","text":"A measurement of a fixed-income security rate and the","page_number":2,"box":{"x":638,"y":630,"width":266,"height":10}},{"id":"822780a2-c570-4e4a-a5cf-a33f2683dbf7","block_type":"box","text":"risk-free rate of return, which is then adjusted to take into account an embedded","page_number":2,"box":{"x":516,"y":643,"width":389,"height":10}},{"id":"b1fb7682-5e01-4cd8-b4c3-93244bedc8c5","block_type":"box","text":"option.","page_number":2,"box":{"x":516,"y":656,"width":32,"height":9}},{"id":"067f33ae-91fc-44a4-bc9e-2a4ae7ee47da","block_type":"box","text":"Quality Breakdown","page_number":2,"box":{"x":516,"y":673,"width":93,"height":10}},{"id":"b15b81b1-f585-417c-ab3c-ade6df568ec6","block_type":"box","text":"Bloomberg uses the \"middle rating\" of Moody's, S&P, and Fitch to","page_number":2,"box":{"x":613,"y":673,"width":315,"height":10}},{"id":"379ad97c-97a0-4089-b5ed-7dcc43682e1d","block_type":"box","text":"determine a security's index classification. If only two of the agencies rate a security,","page_number":2,"box":{"x":516,"y":686,"width":408,"height":10}},{"id":"714266f8-b7c4-4f3f-8c59-930382b4057d","block_type":"box","text":"then the most conservative (lowest) rating will be used. If only one rating agency rates","page_number":2,"box":{"x":515,"y":699,"width":417,"height":9}},{"id":"2ebc8606-c180-4db1-a2c3-a2c072297cb8","block_type":"box","text":"a security, that one rating will be used. Where there are no security level ratings, an","page_number":2,"box":{"x":516,"y":711,"width":401,"height":10}},{"id":"3c267185-f367-43b5-bddc-1034b4ed70a7","block_type":"box","text":"issuer rating may be used to determine index classification. Bloomberg Index","page_number":2,"box":{"x":516,"y":724,"width":370,"height":10}},{"id":"0fcb9adb-c536-4bb5-b151-c9d07a9a9af4","block_type":"box","text":"breakdowns are grouped into larger categories. For example, AAA+ and AAA are listed","page_number":2,"box":{"x":516,"y":736,"width":415,"height":10}},{"id":"26936c93-1684-45a7-af4a-22fc1463277f","block_type":"box","text":"as Aaa; AA1, AA2, and AA3 are listed as Aa, etc.","page_number":2,"box":{"x":516,"y":749,"width":228,"height":10}},{"id":"1142efc8-9f5c-4d33-bdf4-18f9cc8ba805","block_type":"box","text":"Important Risk Information","page_number":2,"box":{"x":516,"y":777,"width":132,"height":10}},{"id":"c2cd013f-c27e-4a87-87dc-7b92564974a6","block_type":"box","text":"Weights are as of the date indicated, are subject to change, and should not be relied","page_number":2,"box":{"x":515,"y":794,"width":407,"height":10}},{"id":"e99e0937-c536-4744-8830-3ca3d9158496","block_type":"box","text":"upon as current thereafter.","page_number":2,"box":{"x":516,"y":807,"width":128,"height":10}},{"id":"c560846b-072b-415f-8e50-b31daea37584","block_type":"box","text":"Investing involves risk including the risk of loss of principal.","page_number":2,"box":{"x":516,"y":825,"width":283,"height":10}},{"id":"15c1cdef-dab5-4aae-ae4e-5ccb27478650","block_type":"box","text":"The information provided does not constitute investment advice and it should not be","page_number":2,"box":{"x":516,"y":843,"width":407,"height":9}},{"id":"129e243d-0a15-40d7-b323-a19ba90a0e32","block_type":"box","text":"relied on as such. It should not be considered a solicitation to buy or an offer to sell a","page_number":2,"box":{"x":516,"y":855,"width":408,"height":10}},{"id":"7e7155f5-9cd2-4a1e-b1c0-01571c36b154","block_type":"box","text":"security. It does not take into account any investor's particular investment objectives,","page_number":2,"box":{"x":516,"y":868,"width":410,"height":10}},{"id":"bd6f4b8e-801b-42f5-b955-39a88f3f1a60","block_type":"box","text":"State Street","page_number":2,"box":{"x":362,"y":945,"width":74,"height":8}},{"id":"029f1f64-78cb-4720-af57-286ae6bbb8d3","block_type":"box","text":"®","page_number":2,"box":{"x":437,"y":945,"width":4,"height":3}},{"id":"53b3f1bd-c5b4-4c95-9733-65d633c81eda","block_type":"box","text":"SPDR","page_number":2,"box":{"x":445,"y":945,"width":34,"height":8}},{"id":"f0ae57ac-e729-49d8-b25b-b8b95a8458b7","block_type":"box","text":"®","page_number":2,"box":{"x":479,"y":945,"width":4,"height":3}},{"id":"338fcf13-efb6-4e67-91c1-182cde0a2e65","block_type":"box","text":"Portfolio Mortgage Backed Bond ETF","page_number":2,"box":{"x":488,"y":945,"width":229,"height":10}},{"id":"2a0007e7-a3aa-4544-be69-d3ca0a02008e","block_type":"box","text":"State Street","page_number":3,"box":{"x":362,"y":947,"width":74,"height":7}},{"id":"b8cd731d-d60f-4088-9eac-f9dc0912bd33","block_type":"box","text":"®","page_number":3,"box":{"x":437,"y":946,"width":4,"height":4}},{"id":"f5dd6299-fb1e-44ba-a270-8baf4cf82804","block_type":"box","text":"SPDR","page_number":3,"box":{"x":445,"y":947,"width":34,"height":7}},{"id":"05287589-9db3-4866-b3ec-65c253a8cddb","block_type":"box","text":"®","page_number":3,"box":{"x":479,"y":946,"width":4,"height":4}},{"id":"dd28ee74-d7b4-4fcb-8741-47af580d7ef6","block_type":"box","text":"Portfolio Mortgage Backed Bond ETF","page_number":3,"box":{"x":488,"y":946,"width":229,"height":10}},{"id":"7acab5fd-d5f5-41bc-8fd8-ba5d9a3405b6","block_type":"box","text":"3","page_number":3,"box":{"x":933,"y":946,"width":7,"height":8}},{"id":"66f167ee-4f6f-4dc4-a83a-3b2095822f6f","block_type":"box","text":"strategies, tax status or investment horizon. You should consult your tax and financial","page_number":3,"box":{"x":59,"y":47,"width":411,"height":10}},{"id":"9b6f2f89-59c6-4ff0-b4c1-0665a0c2bbef","block_type":"box","text":"advisor.","page_number":3,"box":{"x":59,"y":60,"width":36,"height":7}},{"id":"6908728f-116f-45d4-bb80-df671ed89d7a","block_type":"box","text":"The whole or any part of this work may not be reproduced, copied or transmitted or any","page_number":3,"box":{"x":59,"y":77,"width":424,"height":10}},{"id":"a769c4d9-9866-4bb8-848b-2e425631f969","block_type":"box","text":"of its contents disclosed to third parties without SSGA's express written consent.","page_number":3,"box":{"x":59,"y":90,"width":390,"height":10}},{"id":"62bad402-4cc6-4dbb-a7f7-e979dcdc7543","block_type":"box","text":"This communication is not intended to be an investment recommendation or investment","page_number":3,"box":{"x":59,"y":108,"width":423,"height":7}},{"id":"6f82546d-bf80-4c2a-b8c8-821bc199aa19","block_type":"box","text":"advice and should not be relied upon as such.","page_number":3,"box":{"x":59,"y":120,"width":220,"height":10}},{"id":"2ca38ac7-fe6b-4c80-9e69-fb5527c3eac7","block_type":"box","text":"Market Risk:","page_number":3,"box":{"x":59,"y":138,"width":61,"height":8}},{"id":"99500bdd-4ecb-40ab-a78f-a34bb6da42df","block_type":"box","text":"The Fund's investments are subject to changes in general economic","page_number":3,"box":{"x":124,"y":138,"width":327,"height":10}},{"id":"cf961336-2b89-4025-befb-85e67294f02a","block_type":"box","text":"conditions, general market fluctuations, and the risks inherent in investment in securities","page_number":3,"box":{"x":59,"y":151,"width":425,"height":9}},{"id":"02f0fccd-1966-4523-801b-b6c45ba14f79","block_type":"box","text":"markets. Investment markets can be volatile, and prices of investments can change","page_number":3,"box":{"x":59,"y":163,"width":401,"height":10}},{"id":"936849b3-f017-4c4c-a662-e0cf5c624288","block_type":"box","text":"substantially due to various factors, including, but not limited to, economic growth or","page_number":3,"box":{"x":59,"y":176,"width":408,"height":10}},{"id":"09261ab2-ed2b-4600-b4de-38ba221fb2f2","block_type":"box","text":"recession, changes in interest rates, inflation, changes in the actual or perceived","page_number":3,"box":{"x":59,"y":188,"width":387,"height":10}},{"id":"400c89c6-95c5-405c-b424-3ec7cac828a4","block_type":"box","text":"creditworthiness of issuers, and general market liquidity. The Fund is subject to the risk","page_number":3,"box":{"x":59,"y":201,"width":421,"height":10}},{"id":"cb69c451-20c7-4757-afae-13a3fd27d215","block_type":"box","text":"that geopolitical events will disrupt securities markets and adversely affect global","page_number":3,"box":{"x":59,"y":214,"width":392,"height":10}},{"id":"117ede3a-7368-4c68-b31d-812db740c7b0","block_type":"box","text":"economies and markets. Local, regional, or global events such as war, military conflicts,","page_number":3,"box":{"x":59,"y":226,"width":420,"height":10}},{"id":"0ccd6366-f9c7-4c99-99f3-db4043565618","block_type":"box","text":"acts of terrorism, trade policy changes or disputes, the threat or actual imposition of","page_number":3,"box":{"x":59,"y":239,"width":406,"height":10}},{"id":"1e30fd0e-6020-4b4b-bbc2-9540e9857e4f","block_type":"box","text":"tariffs, natural disasters, the spread of infectious illness or other public health issues, or","page_number":3,"box":{"x":59,"y":252,"width":421,"height":9}},{"id":"666a5468-7a73-40f3-a2c6-79eb6fe60113","block_type":"box","text":"other events could have a significant impact on the Fund and its investments.","page_number":3,"box":{"x":59,"y":264,"width":372,"height":10}},{"id":"9b162ee3-94ee-48ab-aeeb-af20ebcafbd2","block_type":"box","text":"Investments in","page_number":3,"box":{"x":59,"y":282,"width":69,"height":8}},{"id":"57293635-0d0d-484f-9b00-5d26ab03e35c","block_type":"box","text":"mortgage securities","page_number":3,"box":{"x":132,"y":282,"width":101,"height":10}},{"id":"d88a330e-0d34-450e-bf75-28269597bb5b","block_type":"box","text":"are subject to prepayment risk, which can limit the","page_number":3,"box":{"x":236,"y":282,"width":242,"height":10}},{"id":"18e2086b-9a4e-4afc-8190-63b971673a25","block_type":"box","text":"potential for gain during a declining interest rate environment and increase the potential","page_number":3,"box":{"x":59,"y":295,"width":422,"height":9}},{"id":"ddf3c1fb-3af7-423c-b716-5c9fc0e0ec81","block_type":"box","text":"for loss in a rising interest rate environment. The mortgage industry can also be","page_number":3,"box":{"x":59,"y":307,"width":383,"height":10}},{"id":"d070e1a0-e141-4fc2-97d3-891bdaf6bf7b","block_type":"box","text":"significantly affected by regulatory changes, interest rate movements, home mortgage","page_number":3,"box":{"x":59,"y":320,"width":418,"height":10}},{"id":"e89dd211-2ee9-4c20-accf-6755bc745350","block_type":"box","text":"demand, refinancing activity, and residential delinquency trends.","page_number":3,"box":{"x":59,"y":332,"width":310,"height":10}},{"id":"effbbae0-3887-4e62-958f-d7cc84d3c3cd","block_type":"box","text":"Bonds","page_number":3,"box":{"x":59,"y":350,"width":31,"height":8}},{"id":"922bf4dd-3c20-4a3a-a19e-4658f411fee2","block_type":"box","text":"generally present less short-term risk and volatility than stocks, but contain","page_number":3,"box":{"x":94,"y":350,"width":363,"height":10}},{"id":"cc98470b-01ea-415e-8883-407a281aca5d","block_type":"box","text":"interest rate risk (as interest rates rise, bond prices usually fall); issuer default risk;","page_number":3,"box":{"x":59,"y":363,"width":396,"height":9}},{"id":"3a5171b1-5ad3-47fa-b404-1bf92beff8ee","block_type":"box","text":"issuer credit risk; liquidity risk; and inflation risk. These effects are usually pronounced","page_number":3,"box":{"x":59,"y":375,"width":414,"height":10}},{"id":"f4be8a00-89cf-40e7-9b41-c1cd45db1fda","block_type":"box","text":"for longer-term securities. Any fixed income security sold or redeemed prior to maturity","page_number":3,"box":{"x":59,"y":388,"width":421,"height":10}},{"id":"7818beaf-4f65-4f0f-8900-f6c28dd2b997","block_type":"box","text":"may be subject to a substantial gain or loss.","page_number":3,"box":{"x":59,"y":401,"width":210,"height":9}},{"id":"1abc2bc9-0048-49b0-8c6b-1702ea2cbf8d","block_type":"box","text":"The Fund is classified as \"diversified\" under the Investment Company Act of 1940, as","page_number":3,"box":{"x":59,"y":418,"width":409,"height":10}},{"id":"c5db2cea-2e6a-41a6-8796-0d5626dc973e","block_type":"box","text":"amended (the \"1940 Act\"); however, the Fund may become \"non-diversified,\" as defined","page_number":3,"box":{"x":59,"y":431,"width":424,"height":10}},{"id":"a0007831-7a7f-43f0-b56d-d68692d34a07","block_type":"box","text":"under the 1940 Act, solely as a result of tracking the Index (e.g., changes in weightings","page_number":3,"box":{"x":59,"y":443,"width":419,"height":10}},{"id":"ee084332-d5a9-4f81-a961-a61dac07e4af","block_type":"box","text":"of one or more component securities). When the Fund is non-diversified, it may invest a","page_number":3,"box":{"x":59,"y":456,"width":421,"height":10}},{"id":"425df18e-7f19-4165-9abc-83488a06e6a4","block_type":"box","text":"relatively high percentage of its assets in a limited number of issuers.","page_number":3,"box":{"x":59,"y":469,"width":332,"height":10}},{"id":"2fe49298-d273-4171-b5b0-357adb4e1479","block_type":"box","text":"Passively managed funds","page_number":3,"box":{"x":59,"y":486,"width":127,"height":10}},{"id":"8f0df489-6c76-423d-9818-74cb16fca209","block_type":"box","text":"invest by sampling the index, holding a range of securities","page_number":3,"box":{"x":190,"y":486,"width":279,"height":10}},{"id":"0807c4f3-cbde-4206-9a3a-69c848097843","block_type":"box","text":"that, in the aggregate, approximates the full Index in terms of key risk factors and other","page_number":3,"box":{"x":59,"y":499,"width":421,"height":10}},{"id":"124d7cdb-4152-4587-a97c-b69ba39c5b1c","block_type":"box","text":"characteristics. This may cause the fund to experience tracking errors relative to","page_number":3,"box":{"x":59,"y":512,"width":388,"height":10}},{"id":"e6d0b9f7-2e8a-4fb4-817f-40b469c8d018","block_type":"box","text":"performance of the index.","page_number":3,"box":{"x":59,"y":524,"width":124,"height":10}},{"id":"8d5b1843-079d-4606-9bf3-ebeed33b5080","block_type":"box","text":"While the shares of ETFs are tradable on secondary markets, they may not readily trade","page_number":3,"box":{"x":59,"y":542,"width":423,"height":10}},{"id":"7a7f82ad-7de6-41e4-a776-a709c06a1d7f","block_type":"box","text":"in all market conditions and may trade at significant discounts in periods of","page_number":3,"box":{"x":59,"y":555,"width":361,"height":9}},{"id":"09d6f096-8fdc-4344-a994-566a9a01b8da","block_type":"box","text":"market","page_number":3,"box":{"x":423,"y":555,"width":35,"height":7}},{"id":"8a5629d4-e7f7-4a67-8bc9-04db0a30a034","block_type":"box","text":"stress","page_number":3,"box":{"x":59,"y":568,"width":30,"height":7}},{"id":"e579bacb-8809-4b23-ad86-af78d7e0e7e6","block_type":"box","text":".","page_number":3,"box":{"x":90,"y":574,"width":2,"height":1}},{"id":"8ac9882f-bae3-438b-86c3-767a1abfae5b","block_type":"box","text":"ETFs","page_number":3,"box":{"x":59,"y":585,"width":24,"height":8}},{"id":"a7c36251-bde3-4beb-9f39-ff0bbd2b82ac","block_type":"box","text":"trade like stocks, are subject to investment risk, fluctuate in market value and may","page_number":3,"box":{"x":86,"y":585,"width":396,"height":10}},{"id":"6fb5b8c1-0465-4157-b6c9-db34eeb1f596","block_type":"box","text":"trade at prices above or below the ETFs net asset value. Brokerage commissions and","page_number":3,"box":{"x":59,"y":598,"width":410,"height":9}},{"id":"3b44ddd0-bb47-4382-887b-064cbd1d4701","block_type":"box","text":"ETF expenses will reduce returns.","page_number":3,"box":{"x":59,"y":610,"width":162,"height":10}},{"id":"c6781c1f-c973-4ce6-8d41-b872bf78befb","block_type":"box","text":"Intellectual Property Information:","page_number":3,"box":{"x":59,"y":628,"width":165,"height":10}},{"id":"41941086-aca2-4376-a8d6-d8f01a8d4c62","block_type":"box","text":"The S&P 500","page_number":3,"box":{"x":227,"y":628,"width":62,"height":8}},{"id":"303e2b6f-04f1-4067-8c33-ff646a67ba00","block_type":"box","text":"®","page_number":3,"box":{"x":290,"y":628,"width":3,"height":3}},{"id":"23d49726-5442-453d-a0cf-b826e92ec554","block_type":"box","text":"Index is a product of S&P Dow Jones","page_number":3,"box":{"x":297,"y":628,"width":177,"height":10}},{"id":"cf01bae2-a07a-4a61-8291-0288ac22666f","block_type":"box","text":"Indices LLC or its affiliates (\"S&P DJI\") and have been licensed for use by State Street","page_number":3,"box":{"x":59,"y":640,"width":412,"height":10}},{"id":"797771dd-b2ab-41d9-8eef-024f872eedfb","block_type":"box","text":"Global Advisors.","page_number":3,"box":{"x":59,"y":653,"width":77,"height":8}},{"id":"787aed90-c954-4a24-92a7-5f743c1c081a","block_type":"box","text":"S&P","page_number":3,"box":{"x":143,"y":653,"width":19,"height":8}},{"id":"625027ab-8d85-40a0-83a3-ba3317bfdfeb","block_type":"box","text":"®","page_number":3,"box":{"x":162,"y":653,"width":4,"height":3}},{"id":"89dfedc7-cc81-43c6-b511-c5754476b20b","block_type":"box","text":", SPDR","page_number":3,"box":{"x":167,"y":653,"width":32,"height":10}},{"id":"4ab64233-c42e-4ca9-afb7-04f1a477e1c9","block_type":"box","text":"®","page_number":3,"box":{"x":199,"y":653,"width":4,"height":3}},{"id":"0ae33184-c26f-455f-8759-8eec8b171645","block_type":"box","text":", S&P 500","page_number":3,"box":{"x":204,"y":653,"width":46,"height":10}},{"id":"9c745d02-fa87-4174-bd26-12f6e4a7ca3e","block_type":"box","text":"®","page_number":3,"box":{"x":251,"y":653,"width":3,"height":3}},{"id":"96fa7080-f3ad-498f-bf9c-28d93627147a","block_type":"box","text":",US 500 and the 500 are trademarks of","page_number":3,"box":{"x":255,"y":653,"width":189,"height":10}},{"id":"ed54f923-160c-43cf-88ac-aa41d39fdfcb","block_type":"box","text":"Standard & Poor's Financial Services LLC (\"S&P\"); Dow Jones","page_number":3,"box":{"x":59,"y":665,"width":294,"height":10}},{"id":"371cc49c-77a1-4a61-b444-9e7e04a050c2","block_type":"box","text":"®","page_number":3,"box":{"x":354,"y":666,"width":4,"height":3}},{"id":"5416d3e9-ad06-4c6f-8896-5a8eea567168","block_type":"box","text":"is a registered trademark","page_number":3,"box":{"x":361,"y":666,"width":121,"height":10}},{"id":"6c3506de-4dde-4b43-b657-6992ede52a2a","block_type":"box","text":"of Dow Jones Trademark Holdings LLC (\"Dow Jones\") and has been licensed for use by","page_number":3,"box":{"x":59,"y":678,"width":422,"height":10}},{"id":"2100a898-7dbe-4652-a7b1-e53302ee5505","block_type":"box","text":"S&P Dow Jones Indices; and these trademarks have been licensed for use by S&P DJI","page_number":3,"box":{"x":59,"y":691,"width":412,"height":10}},{"id":"2f069c03-5fcb-4240-8800-414dd444e6a5","block_type":"box","text":"and sublicensed for certain purposes by State Street Global Advisors. The fund is not","page_number":3,"box":{"x":59,"y":704,"width":411,"height":9}},{"id":"36ce32c5-7a32-4c44-91ff-74e39f435497","block_type":"box","text":"sponsored, endorsed, sold or promoted by S&P DJI, Dow Jones, S&P, their respective","page_number":3,"box":{"x":59,"y":716,"width":412,"height":10}},{"id":"c87fed65-9dd8-4d2a-b93f-9ee00421b7d4","block_type":"box","text":"affiliates, and none of such parties make any representation regarding the advisability","page_number":3,"box":{"x":59,"y":729,"width":414,"height":10}},{"id":"cca9ba13-751b-4538-b205-d855f2d3bbdc","block_type":"box","text":"of investing in such product(s) nor do they have any liability for any errors, omissions, or","page_number":3,"box":{"x":59,"y":741,"width":424,"height":10}},{"id":"0b42ad65-1d4c-462f-ae46-3e4d0dfda9e1","block_type":"box","text":"interruptions of these indices.","page_number":3,"box":{"x":59,"y":754,"width":143,"height":10}},{"id":"274ccd0b-d490-4b80-8e4a-25c22a3bf842","block_type":"box","text":"\"Bloomberg","page_number":3,"box":{"x":59,"y":772,"width":55,"height":10}},{"id":"8ae96e26-e7dd-4b77-9c14-0561c2a6950a","block_type":"box","text":"®","page_number":3,"box":{"x":115,"y":772,"width":4,"height":3}},{"id":"54c74e7d-fd4e-4352-9b11-1d60fc100b9e","block_type":"box","text":"\" and Bloomberg U.S. MBS Index are service marks of Bloomberg Finance","page_number":3,"box":{"x":120,"y":772,"width":353,"height":10}},{"id":"4ef20cb7-eaf2-4a1e-b3e1-dd639c0e24b6","block_type":"box","text":"L.P. and its affiliates, including Bloomberg Index Services Limited (\"BISL\"), the","page_number":3,"box":{"x":59,"y":784,"width":373,"height":10}},{"id":"15f2e960-617b-4d20-a636-ca7df9b2dc4c","block_type":"box","text":"administrator of the index (collectively, \"Bloomberg\") and have been licensed for use for","page_number":3,"box":{"x":59,"y":797,"width":424,"height":10}},{"id":"c2a08674-6405-42bd-bb85-a33bd04dc645","block_type":"box","text":"certain purposes by State Street Global Advisors. Bloomberg is not affiliated with State","page_number":3,"box":{"x":59,"y":810,"width":419,"height":10}},{"id":"e67f6457-51a5-48e3-a729-30bed8168cc4","block_type":"box","text":"Street Global Advisors, and Bloomberg does not approve, endorse, review, or","page_number":3,"box":{"x":59,"y":822,"width":372,"height":10}},{"id":"c1eb5aea-9a64-4427-b223-9d97d0282b4a","block_type":"box","text":"recommend SPDR Portfolio Mortgage Backed Bond ETF. Bloomberg does not guarantee","page_number":3,"box":{"x":59,"y":835,"width":424,"height":10}},{"id":"92c04128-2036-4552-a7c2-5d4f4090a219","block_type":"box","text":"the timeliness, accurateness, or completeness of any data or information relating to","page_number":3,"box":{"x":59,"y":848,"width":402,"height":9}},{"id":"c06e9a8b-d688-4324-8cf1-41ee3bd1252a","block_type":"box","text":"SPDR Portfolio Mortgage Backed Bond ETF.","page_number":3,"box":{"x":59,"y":860,"width":211,"height":10}},{"id":"ae95df50-f57f-4bdc-aa39-64b382e46996","block_type":"box","text":"Distributor","page_number":3,"box":{"x":515,"y":47,"width":53,"height":8}},{"id":"8b416b2c-b189-49eb-a30d-f8d9becaf2c1","block_type":"box","text":"State Street Global Advisors Funds Distributors, LLC, member","page_number":3,"box":{"x":574,"y":47,"width":298,"height":10}},{"id":"2a38cb2e-8d6b-4108-b3ac-096164f8e629","block_type":"box","text":"FINRA","page_number":3,"box":{"x":875,"y":47,"width":30,"height":8}},{"id":"670cbc0d-59d5-4a5d-aea4-a77a5ebc82f4","block_type":"box","text":",","page_number":3,"box":{"x":906,"y":54,"width":1,"height":3}},{"id":"a3bb68e7-c19a-461c-a80a-7a47faa20f8a","block_type":"box","text":"SIPC","page_number":3,"box":{"x":911,"y":47,"width":24,"height":8}},{"id":"70f4d704-ebaa-4c46-9f1c-ebfc1d296601","block_type":"box","text":",","page_number":3,"box":{"x":936,"y":54,"width":1,"height":3}},{"id":"8dca9c29-f376-4d76-a7d4-679d64cbc314","block_type":"box","text":"an indirect wholly owned subsidiary of State Street Corporation. References to State","page_number":3,"box":{"x":515,"y":60,"width":407,"height":9}},{"id":"e790155e-51aa-40d0-87c1-1d1a45904619","block_type":"box","text":"Street may include State Street Corporation and its affiliates. Certain State Street","page_number":3,"box":{"x":515,"y":72,"width":392,"height":10}},{"id":"019e1aec-d274-44d3-8e7e-f0b45cee45eb","block_type":"box","text":"affiliates provide services and receive fees from the SPDR ETFs.","page_number":3,"box":{"x":515,"y":85,"width":308,"height":10}},{"id":"ea6dd7b2-40e3-4c0a-b0ed-ee17311759e8","block_type":"box","text":"Before investing in a fund, consider its investment objectives, risks,","page_number":3,"box":{"x":514,"y":103,"width":424,"height":13}},{"id":"6bd658e0-2230-4c2a-8d76-156a84112867","block_type":"box","text":"charges, and expenses. A prospectus (and/or summary","page_number":3,"box":{"x":515,"y":118,"width":350,"height":13}},{"id":"3b3d16e9-fd6e-487d-a5e5-9ae4ab9eed5c","block_type":"box","text":"prospectus) containing this and other information is available at","page_number":3,"box":{"x":515,"y":133,"width":402,"height":13}},{"id":"9f8ad276-ba2d-49ca-bfa7-2c52e43aa1ba","block_type":"box","text":"statestreet.com/im","page_number":3,"box":{"x":515,"y":148,"width":119,"height":12}},{"id":"04e8ca05-3144-4fcb-bdad-b0fab868e08a","block_type":"box","text":"or by calling 1-866-787-2257 . Read it carefully.","page_number":3,"box":{"x":635,"y":148,"width":295,"height":13}},{"id":"ee3db2e3-06d9-4996-8de0-577e32f56055","block_type":"box","text":"Marketing Communication:","page_number":3,"box":{"x":515,"y":168,"width":135,"height":10}},{"id":"964b2dc2-e3de-4d55-80f9-bfbc20638094","block_type":"box","text":"For Professional Client/Qualified Investor Use Only in the Netherlands and","page_number":3,"box":{"x":515,"y":186,"width":368,"height":10}},{"id":"5ee943a8-0e9f-4551-8054-310a079dbad1","block_type":"box","text":"United","page_number":3,"box":{"x":886,"y":186,"width":32,"height":8}},{"id":"14777526-883b-425e-82d0-3662e60b7513","block_type":"box","text":"Kingdom.","page_number":3,"box":{"x":515,"y":198,"width":47,"height":10}},{"id":"3cb26b83-3b15-401c-a248-db471f298d2a","block_type":"box","text":"Not for public distribution.","page_number":3,"box":{"x":566,"y":198,"width":130,"height":10}},{"id":"28f50779-5ad5-4cbe-acdc-65f335d62f51","block_type":"box","text":"This document has been issued by State Street Global Advisors Limited (\"SSGA\").","page_number":3,"box":{"x":515,"y":216,"width":393,"height":10}},{"id":"888d13f4-ff98-4c2e-9b9d-0bf8b9cdd717","block_type":"box","text":"Authorised and regulated by the Financial Conduct Authority. Registered No. 2509928.","page_number":3,"box":{"x":514,"y":229,"width":419,"height":10}},{"id":"fa25c792-96a8-4584-af20-251d1ece6d22","block_type":"box","text":"VAT No. 5776591 81. Registered office: 20 Churchill Place, Canary Wharf, London, E14","page_number":3,"box":{"x":514,"y":241,"width":414,"height":10}},{"id":"76a18857-28c8-4528-9d1f-c04e1deb6d3c","block_type":"box","text":"5HJ. Telephone: 020 3395 6000. Facsimile: 020 3395 6350 Web: www.statestreet.","page_number":3,"box":{"x":515,"y":254,"width":401,"height":10}},{"id":"2b5dbcec-6c76-4019-af78-83959e870826","block_type":"box","text":"com/im.","page_number":3,"box":{"x":515,"y":267,"width":37,"height":9}},{"id":"ce7d8054-defe-4c73-979c-132d89530e1c","block_type":"box","text":"Netherlands:","page_number":3,"box":{"x":515,"y":302,"width":64,"height":8}},{"id":"c772e40c-66fd-49ed-bee1-74992ec0b3a1","block_type":"box","text":"State Street Global Advisors Netherlands, Apollo Building 7th floor,","page_number":3,"box":{"x":582,"y":302,"width":320,"height":10}},{"id":"cbaf2ec4-5837-4b1b-92b6-4e761e146519","block_type":"box","text":"Herikerbergweg 29, 1101 CN Amsterdam, Netherlands. T: +31 20 7181 000. State Street","page_number":3,"box":{"x":515,"y":315,"width":423,"height":10}},{"id":"c0e801e3-9dd0-481c-9f88-ab574db22d31","block_type":"box","text":"Global Advisors Netherlands is a branch office of State Street Global Advisors Europe","page_number":3,"box":{"x":515,"y":327,"width":412,"height":10}},{"id":"7522d7ae-32ea-4a47-aa42-eb6905d73b3c","block_type":"box","text":"Limited, registered in Ireland with company number 49934, authorised and regulated by","page_number":3,"box":{"x":515,"y":340,"width":424,"height":10}},{"id":"174d26ea-f7bf-4e51-b2a5-7c61a9d8a537","block_type":"box","text":"the Central Bank of Ireland, and whose registered office is at 78 Sir John Rogerson's","page_number":3,"box":{"x":515,"y":352,"width":406,"height":10}},{"id":"56a4a838-e4c0-44be-81cd-2f2777bc7670","block_type":"box","text":"Quay, Dublin 2.","page_number":3,"box":{"x":515,"y":365,"width":71,"height":10}},{"id":"22ad515a-b82f-4962-b04e-adddea04774b","block_type":"box","text":"NOTICE TO PERSONS IN THE EUROPEAN ECONOMIC AREA (\"EEA\")","page_number":3,"box":{"x":515,"y":400,"width":330,"height":10}},{"id":"1c4fb3e3-1901-4cb3-b4db-7e8363f573a8","block_type":"box","text":"The fund is permitted to market into the relevant EEA jurisdiction pursuant to either","page_number":3,"box":{"x":515,"y":418,"width":400,"height":10}},{"id":"db7457b9-242b-4496-98a6-9e9b9ff9e437","block_type":"box","text":"Article 42 of AIFMD (if and as implemented under national laws of such member state);","page_number":3,"box":{"x":514,"y":431,"width":420,"height":10}},{"id":"06ed7060-8fef-42ca-950e-d54b2fbf65c6","block_type":"box","text":"or (ii) can otherwise be lawfully offered or sold (including on the basis of an unsolicited","page_number":3,"box":{"x":515,"y":444,"width":418,"height":9}},{"id":"3af02a3a-dd24-4b53-8855-9602a68db9c6","block_type":"box","text":"request from a professional client/qualified investor).","page_number":3,"box":{"x":515,"y":456,"width":253,"height":10}},{"id":"ced3caa2-28f6-4e76-b11c-8fbdd33e7f9d","block_type":"box","text":"The Fund is an alternative investment fund for the purpose of the European Union","page_number":3,"box":{"x":515,"y":491,"width":405,"height":10}},{"id":"2d4be996-9a0c-4ba6-9193-e294cbad023a","block_type":"box","text":"Alternative Investment Fund Managers Directive (Directive 2011/61/EU) (the","page_number":3,"box":{"x":514,"y":503,"width":380,"height":11}},{"id":"cdf9fae2-f62e-41db-814c-0477772da767","block_type":"box","text":"\"AIFMD\"). It is not a regulated collective investment scheme for purposes of the","page_number":3,"box":{"x":515,"y":517,"width":394,"height":10}},{"id":"adaf2e53-3d08-4074-9395-997f7b2001de","block_type":"box","text":"Financial Services and Markets Act 2000 of the United Kingdom (\"FSMA\"). The","page_number":3,"box":{"x":515,"y":529,"width":392,"height":10}},{"id":"51b6d947-28b2-4f87-b811-c52c49f8d587","block_type":"box","text":"promotion of the fund and the distribution of this material in the UK is restricted by","page_number":3,"box":{"x":515,"y":542,"width":411,"height":10}},{"id":"016298ff-18b2-4ef5-b079-7f85bc42b94e","block_type":"box","text":"law to Professional Investors Only. The information provided does not constitute tax","page_number":3,"box":{"x":515,"y":555,"width":418,"height":9}},{"id":"b464d475-aadf-4198-ae7b-b04266836028","block_type":"box","text":"advice, investors should consult their tax advisors with respect to their particular tax","page_number":3,"box":{"x":515,"y":567,"width":423,"height":10}},{"id":"346ee778-36cf-4950-85c0-7bc76f5cbe53","block_type":"box","text":"situations and the tax effects of an investment in the Fund.","page_number":3,"box":{"x":515,"y":580,"width":292,"height":8}},{"id":"9dcd32ec-bba5-438b-962a-7b504c008301","block_type":"box","text":"The fund is an alternative investment fund for the purpose of the European Union","page_number":3,"box":{"x":515,"y":615,"width":403,"height":10}},{"id":"68209231-e1e1-4eea-8e50-714456b98ab9","block_type":"box","text":"Alternative Investment Fund Managers Directive (Directive 2011/61/EU)","page_number":3,"box":{"x":514,"y":627,"width":357,"height":11}},{"id":"96e47d38-2665-4df5-be8e-a46fac744971","block_type":"box","text":"(\"AIFMD\").","page_number":3,"box":{"x":515,"y":641,"width":51,"height":9}},{"id":"1028a744-dcf5-4ea2-a04b-a2669852d34b","block_type":"box","text":"SSGA Funds Management, Inc. or State Street Global Advisors Trust","page_number":3,"box":{"x":569,"y":640,"width":338,"height":10}},{"id":"c6521057-122d-4149-b24f-416270ab1aa6","block_type":"box","text":"Company is the alternative investment fund manager (\"AIFM\") of the fund.","page_number":3,"box":{"x":515,"y":653,"width":368,"height":10}},{"id":"a411f6c4-3621-45fb-9716-6581931b142d","block_type":"box","text":"SSGA Funds Management, Inc. serves as the investment advisor to the SPDR ETFs that","page_number":3,"box":{"x":515,"y":671,"width":421,"height":10}},{"id":"77989c5f-982c-4d3b-9a51-7f9e9c1f64c7","block_type":"box","text":"are registered with the United States Securities and Exchange Commission under the","page_number":3,"box":{"x":515,"y":684,"width":411,"height":9}},{"id":"d07130d0-e1c7-4053-974f-a51266da930e","block_type":"box","text":"Investment Company Act of 1940. SSGA Funds Management, Inc. is an affiliate of State","page_number":3,"box":{"x":515,"y":696,"width":420,"height":10}},{"id":"d7cfa6aa-21b6-413b-b168-60b4dc0ac89f","block_type":"box","text":"Street Global Advisors Limited.","page_number":3,"box":{"x":515,"y":709,"width":148,"height":7}},{"id":"6e7b4450-ae2a-4f6b-a192-f545998abc4f","block_type":"box","text":"Diversification does not ensure a profit or guarantee against loss.","page_number":3,"box":{"x":515,"y":726,"width":313,"height":10}},{"id":"04cb4783-729b-42a2-b2ac-4c1ac5da5429","block_type":"box","text":"The information provided does not constitute investment advice as such term is defined","page_number":3,"box":{"x":515,"y":744,"width":423,"height":10}},{"id":"563dc30b-d46c-4a4f-9962-45e6563037d2","block_type":"box","text":"under the Markets in Financial Instruments Directive (2014/65/EU) and it should not be","page_number":3,"box":{"x":515,"y":756,"width":417,"height":9}},{"id":"b0db6068-9a92-40b2-95d1-58739e4a90a5","block_type":"box","text":"relied on as such. It should not be considered a solicitation to buy or an offer to sell any","page_number":3,"box":{"x":515,"y":769,"width":420,"height":10}},{"id":"2d48b9ef-bcf3-46a2-99aa-b9076228027d","block_type":"box","text":"investment. It does not take into account any investor's or potential investor’s particular","page_number":3,"box":{"x":515,"y":782,"width":420,"height":10}},{"id":"dd75fb1c-d268-4751-a69e-9776069f264a","block_type":"box","text":"investment objectives, strategies, tax status, risk appetite or investment horizon. If you","page_number":3,"box":{"x":515,"y":794,"width":417,"height":10}},{"id":"e1ba8172-d050-446a-a5aa-6f320ad636ad","block_type":"box","text":"require investment advice you should consult your tax and financial or other","page_number":3,"box":{"x":515,"y":807,"width":365,"height":10}},{"id":"eebfd53e-1983-4b8b-b0c2-a3c358058c0e","block_type":"box","text":"professional advisor.","page_number":3,"box":{"x":515,"y":820,"width":98,"height":10}},{"id":"7fbcc396-b248-4bd8-9ca9-d64bd51544c2","block_type":"box","text":"Key/Investment Risk Disclosures:","page_number":3,"box":{"x":515,"y":837,"width":165,"height":10}},{"id":"80e39320-dd47-4ef7-be07-941eba960f9a","block_type":"box","text":"Capital at risk.","page_number":3,"box":{"x":515,"y":855,"width":70,"height":10}},{"id":"e434452c-2c48-47e9-b560-530fa5818d73","block_type":"box","text":"Investing involves risk including the risk of loss of principal.","page_number":3,"box":{"x":590,"y":855,"width":283,"height":10}},{"id":"d453198c-cc18-4a70-8ef4-31de58bd4a1c","block_type":"box","text":"Foreign Securities","page_number":3,"box":{"x":515,"y":873,"width":90,"height":10}},{"id":"95f6bf4b-5cae-40c2-a7da-9c64d167d7b7","block_type":"box","text":"may be subject to greater political, economic, environmental, credit","page_number":3,"box":{"x":609,"y":873,"width":323,"height":10}},{"id":"8eb35f8f-ef38-44d3-9018-f0ed13ea54c9","block_type":"box","text":"State Street","page_number":4,"box":{"x":362,"y":947,"width":74,"height":7}},{"id":"de2e9fec-ccaa-4ae6-8c94-1ce8a6e13c42","block_type":"box","text":"®","page_number":4,"box":{"x":437,"y":946,"width":4,"height":4}},{"id":"e79931e0-500a-4f94-a564-3432920c8e6b","block_type":"box","text":"SPDR","page_number":4,"box":{"x":445,"y":947,"width":34,"height":7}},{"id":"e06cf1ce-ae49-42f6-ad23-de6621882abd","block_type":"box","text":"®","page_number":4,"box":{"x":479,"y":946,"width":4,"height":4}},{"id":"1f03af9d-6309-4223-b6c4-83dcf025ef39","block_type":"box","text":"Portfolio Mortgage Backed Bond ETF","page_number":4,"box":{"x":488,"y":946,"width":229,"height":10}},{"id":"9d428461-f372-499b-bacb-7573bf6d5144","block_type":"box","text":"4","page_number":4,"box":{"x":933,"y":947,"width":7,"height":7}},{"id":"22d11653-e136-4146-9365-cb418883234a","block_type":"box","text":"and information risks. Foreign securities may be subject to higher volatility than U.S.","page_number":4,"box":{"x":59,"y":47,"width":403,"height":10}},{"id":"fbbdd658-f25a-4a03-8ae7-26a26887e6d3","block_type":"box","text":"securities, due to varying degrees of regulation and limited liquidity.","page_number":4,"box":{"x":59,"y":60,"width":325,"height":10}},{"id":"4896f471-d991-4373-b251-5bc9c512bc11","block_type":"box","text":"Before investing, consider the funds' investment objectives, risks, charges and","page_number":4,"box":{"x":59,"y":77,"width":392,"height":10}},{"id":"989b1c15-ec37-4a55-af41-3e55e222fa51","block_type":"box","text":"expenses. To obtain a prospectus which contains this and other information, visit","page_number":4,"box":{"x":59,"y":90,"width":405,"height":10}},{"id":"a2f82d8d-04c9-4017-ac69-e785021de393","block_type":"box","text":"www.statestreet.com/im or talk to your financial advisor. Read it carefully before","page_number":4,"box":{"x":59,"y":103,"width":401,"height":9}},{"id":"26863e93-a57a-493e-8353-e521cb3e862c","block_type":"box","text":"investing.","page_number":4,"box":{"x":59,"y":115,"width":48,"height":10}},{"id":"4531dcad-6a7d-4545-9c1c-1b3babff6674","block_type":"box","text":"The whole or any part of this work may not be reproduced, copied or transmitted or any","page_number":4,"box":{"x":59,"y":133,"width":424,"height":10}},{"id":"b3a44dea-9509-42f2-84c8-a2becc42f595","block_type":"box","text":"of its contents disclosed to third parties without State Street Investment Management's","page_number":4,"box":{"x":59,"y":145,"width":422,"height":10}},{"id":"5532371b-f3c2-442e-9f50-75ec242cefcc","block_type":"box","text":"express written consent.","page_number":4,"box":{"x":59,"y":158,"width":118,"height":10}},{"id":"c33e72ac-66da-461f-ad65-c14a918cd214","block_type":"box","text":"The information contained in this communication is not a research recommendation","page_number":4,"box":{"x":59,"y":193,"width":418,"height":8}},{"id":"ba4ca4f3-b093-4bc8-b5ec-e7c05d059350","block_type":"box","text":"or 'investment research' and is classified as a 'Marketing Communication' in","page_number":4,"box":{"x":59,"y":206,"width":375,"height":10}},{"id":"0f2d536a-2689-4412-a68a-3f85e32d766d","block_type":"box","text":"accordance with the applicable regional regulation. This means that this marketing","page_number":4,"box":{"x":59,"y":219,"width":412,"height":10}},{"id":"b6df6337-a0b4-486c-abe9-3066f2606157","block_type":"box","text":"communication (a) has not been prepared in accordance with legal requirements","page_number":4,"box":{"x":59,"y":231,"width":402,"height":10}},{"id":"34e5ae66-7d2d-4286-822f-9d934c4e5a16","block_type":"box","text":"designed to promote the independence of investment research (b) is not subject to","page_number":4,"box":{"x":515,"y":47,"width":414,"height":10}},{"id":"71316b91-1aab-410d-9f28-00a20e1d7529","block_type":"box","text":"any prohibition on dealing ahead of the dissemination of investment research.","page_number":4,"box":{"x":515,"y":60,"width":387,"height":10}},{"id":"56aaf82c-0129-463a-a0a6-d6afe20e1306","block_type":"box","text":"This communication is directed at professional clients (this includes eligible","page_number":4,"box":{"x":515,"y":95,"width":362,"height":10}},{"id":"d2800edf-5aac-40b4-a12a-6f02d5f6d4a1","block_type":"box","text":"counterparties as defined by the appropriate EU regulator) who are deemed both","page_number":4,"box":{"x":515,"y":108,"width":391,"height":10}},{"id":"0a44b5c4-ac54-4056-b54c-291c9088f73f","block_type":"box","text":"knowledgeable and experienced in matters relating to investments. The products and","page_number":4,"box":{"x":515,"y":120,"width":411,"height":10}},{"id":"a3a91c73-51d1-4516-8b06-6ccc6ffe3b5d","block_type":"box","text":"services to which this communication relates are only available to such persons and","page_number":4,"box":{"x":515,"y":133,"width":403,"height":10}},{"id":"5c2da1f6-6170-431e-8629-1005546345ad","block_type":"box","text":"persons of any other description (including retail clients) should not rely on this","page_number":4,"box":{"x":515,"y":146,"width":381,"height":9}},{"id":"a60b2649-6326-4b8e-a9c8-b9020523fc9c","block_type":"box","text":"communication.","page_number":4,"box":{"x":515,"y":158,"width":75,"height":8}},{"id":"2d24f952-e4ac-4cd9-821a-0971edc65d6e","block_type":"box","text":"All information is from SSGA unless otherwise noted and has been obtained from","page_number":4,"box":{"x":514,"y":176,"width":390,"height":8}},{"id":"760a3b0b-1f3a-4cc2-8ff8-cf725a5dec0e","block_type":"box","text":"sources believed to be reliable, but its accuracy is not guaranteed. There is no","page_number":4,"box":{"x":515,"y":189,"width":376,"height":9}},{"id":"70728938-e656-4300-ab19-8602d37b5339","block_type":"box","text":"representation or warranty as to the current accuracy, reliability or completeness of, nor","page_number":4,"box":{"x":515,"y":201,"width":424,"height":10}},{"id":"fef52942-fbd6-45bd-8c16-5ce28e359dad","block_type":"box","text":"liability for, decisions based on such information and it should not be relied on as such.","page_number":4,"box":{"x":515,"y":214,"width":416,"height":9}},{"id":"5314a8c6-4b83-4462-9f5f-b2c48a74f96d","block_type":"box","text":"© 2026 State Street Corporation. All Rights Reserved.","page_number":4,"box":{"x":515,"y":231,"width":259,"height":10}},{"id":"45ad438f-9352-4683-912a-653efc91df7a","block_type":"box","text":"7917983.1.1.EMEA.INST Exp. Date: 01/31/2027 ETF-SPMB 20261014/08:09","page_number":4,"box":{"x":515,"y":244,"width":361,"height":10}}],"unit":"per_mille","page_width":612,"page_height":792,"attributes":{"chunk_type":"page_range","start_page":1,"end_page":4}},"source":{"type":"Model","id":"github:dorsalhub/pdf-extractor","version":"0.5.0","execution_id":"1c7c6ff6-bcda-47e9-bff4-4664b0ee59f0"},"user_id":1000002,"date_created":"2026-10-16T01:18:09.307000Z","date_modified":"2026-10-16T01:18:09.307000Z","private":false}