SPDR® Dow Jones® Industrial Average ETF Trust

DIA

Key Features

  • The SPDR® Dow Jones® Industrial AverageSM ETF Trust seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the Dow Jones Industrial AverageSM (the "Index")
  • The Dow Jones Industrial AverageSM (DJIA) is composed of 30 "blue-chip" U.S. stocks
  • The DJIA is the oldest continuous barometer of the U.S. stock market, and the most widely quoted indicator of U.S. stock market activity
  • The DJIA is a price weighted index of 30 component common stocks

Fund Information

As of 12/10/2019
Ticker Symbol DIA
Primary Benchmark Dow Jones Industrial Average
CUSIP 78467X109
Options Available Yes
Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

0.17%
Inception Date 01/14/1998
Trustee State Street Global Advisors Trust Company
Marketing Agent State Street Global Advisors Funds Distributors, LLC
Distributor ALPS Distributors, Inc.
Distribution Frequency Monthly
Exchange NYSE ARCA EXCHANGE

Fund Documents

Fund Performance

MONTH END As of 11/30/2019 QUARTER END As of 09/30/2019
1 Month4.09%2.03%
QTD4.68%1.77%
YTD22.80%17.32%
1 Year12.26%4.07%
3 Year16.13%16.25%
5 Year12.03%12.11%
10 Year13.10%13.35%
Inception
8.39%8.23%
Performance Disclosure

Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Performance of an index is not illustrative of any particular investment.  It is not possible to invest directly in an index. Returns greater than one year and since inception are annualized.

The market price used to calculate the Market Value return is the midpoint between the highest bid and the lowest offer on the exchange on which the shares of the Fund are listed for trading, as of the time that the Fund's NAV is calculated. If you trade your shares at another time, your return may differ.

Fund Characteristics

As of 12/06/2019
Est. 3-5 Year EPS Growth

Estimated 3-5 Year EPS Growth 

Based on the underlying holdings of the fund. The actual earnings estimates for the underlying holdings are provided by FactSet, First Call, I/B/E/S Consensus, and Reuters and are used to calculate a mean 3-5 year EPS growth rate estimate.

7.71%
Number of Holdings 30
Price/Book Ratio

Price/Book Ratio

The weighted harmonic average of closing market price divided by the most recent reported book value for each security in the fund’s portfolio as calculated for the last twelve months.

3.44
Price/Earnings Ratio FY1

Price/Earnings Ratio FY1

The weighted harmonic average of current share price divided by the forecasted one year earnings per share for each security in the fund. Negative and positive outliers are included in the calculation.

18.99
Weighted Average Market Cap $306,737.80 M

Fund Market Price

As of 12/06/2019
Bid/Ask $280.72
Closing Price $280.70
Day High $280.92
Day Low $279.40
Exchange Volume (shares)

Exchange Volume (shares)

Represents the volume of shares traded on the ETF's primary exchange throughout the previous business day.

505,889
Premium/Discount

Premium/Discount to NAV

Shows the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds calculated as ((4PM Bid/Ask – Closing NAV)  /  Closing NAV * 100)

-0.00%

Yields

As of 12/06/2019
30 Day SEC Yield

30 Day SEC Yield

(Also known as Standardized Yield) An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price.

2.07%
Fund Dividend Yield

Fund Dividend Yield

The sum of the most recent 12 dividends within the past 365 days divided by Net Asset Value per share, expressed as a percentage.

2.03%
Index Dividend Yield

Index Dividend Yield

The weighted average of the underlyings' indicated annual dividend divided by price, expressed as a percentage.

2.35%

Fund Net Asset Value

NAV

The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

As of 12/06/2019
NAV

NAV

The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

$280.73
Shares Outstanding 80.24 M
Total Net Assets $22,526.32 M

Index Characteristics

As of 12/06/2019
Est. 3-5 Year EPS Growth 7.71%
Number of Holdings 30
Price/Cash Flow 15.29
Price/Earnings 20.49
Price/Earnings Ratio FY1 18.99

Fund Net Cash Amount

As of 12/06/2019
Net Cash Amount $82,244,837.00

Index Statistics

As of 12/06/2019
Weighted Average Market Cap $306,737.80 M
Average Size
Mean $268,791.50 M
Median $224,894.20 M
Size Range
Largest $1,202,828.40 M
Smallest $35,029.33 M

Purchase Information

Buying and Selling ETFs

ETFs are flexible and easy to trade. Investors buy and sell them like stocks, typically through a brokerage account. Investors can also employ traditional stock trading techniques; including stop orders, limit orders, margin purchases, and short sales using ETFs. They are listed on major US Stock Exchanges.

ETFs are subject to risk similar to those of stocks including those regarding short-selling and margin account maintenance.

Ordinary brokerage commissions apply.

Performance Chart

Fund Before Tax Fund After Tax
Annualized
As of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since
Inception
01/14/1998
Month End
NAV 11/30/2019 4.09% 4.68% 22.80% 12.26% 16.13% 12.03% 13.10% 8.39%
Market Value 11/30/2019 4.13% 4.70% 22.82% 12.44% 16.13% 12.03% 13.10% 8.36%
Return after Taxes on Distributions 11/30/2019 4.01% 4.57% 21.85% 11.32% 15.42% 11.36% 12.51% 7.84%
Return after Taxes on Distributions and Sale of Fund Shares 11/30/2019 2.42% 2.77% 13.46% 7.26% 12.49% 9.40% 10.82% 7.01%
Dow Jones Industrial Average 11/30/2019 4.11% 4.72% 23.05% 12.48% 16.32% 12.20% 13.30% 8.53%
Quarter End
NAV 09/30/2019 2.03% 1.77% 17.32% 4.07% 16.25% 12.11% 13.35% 8.23%
Market Value 09/30/2019 2.12% 1.84% 17.30% 4.09% 16.26% 12.11% 13.37% 8.20%
Return after Taxes on Distributions 09/30/2019 1.93% 1.53% 16.52% 3.22% 15.54% 11.44% 12.77% 7.68%
Return after Taxes on Distributions and Sale of Fund Shares 09/30/2019 1.20% 1.05% 10.24% 2.47% 12.61% 9.48% 11.06% 6.86%
Dow Jones Industrial Average 09/30/2019 2.05% 1.83% 17.51% 4.21% 16.44% 12.28% 13.56% 8.37%
Fund Before Tax Fund After Tax
Annualized
As of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since
Inception
01/14/1998
Month End
NAV 11/30/2019 4.09% 4.68% 22.80% 12.26% 16.13% 12.03% 13.10% 8.39%
Market Value 11/30/2019 4.13% 4.70% 22.82% 12.44% 16.13% 12.03% 13.10% 8.36%
Return after Taxes on Distributions 11/30/2019 4.01% 4.57% 21.85% 11.32% 15.42% 11.36% 12.51% 7.84%
Return after Taxes on Distributions and Sale of Fund Shares 11/30/2019 2.42% 2.77% 13.46% 7.26% 12.49% 9.40% 10.82% 7.01%
Dow Jones Industrial Average 11/30/2019 4.11% 4.72% 23.05% 12.48% 16.32% 12.20% 13.30% 8.53%
Quarter End
NAV 09/30/2019 2.03% 1.77% 17.32% 4.07% 16.25% 12.11% 13.35% 8.23%
Market Value 09/30/2019 2.12% 1.84% 17.30% 4.09% 16.26% 12.11% 13.37% 8.20%
Return after Taxes on Distributions 09/30/2019 1.93% 1.53% 16.52% 3.22% 15.54% 11.44% 12.77% 7.68%
Return after Taxes on Distributions and Sale of Fund Shares 09/30/2019 1.20% 1.05% 10.24% 2.47% 12.61% 9.48% 11.06% 6.86%
Dow Jones Industrial Average 09/30/2019 2.05% 1.83% 17.51% 4.21% 16.44% 12.28% 13.56% 8.37%
Swipe to view all columns
Performance Disclosure

Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Performance of an index is not illustrative of any particular investment.  It is not possible to invest directly in an index. Returns greater than one year and since inception are annualized.

The market price used to calculate the Market Value return is the midpoint between the highest bid and the lowest offer on the exchange on which the shares of the Fund are listed for trading, as of the time that the Fund's NAV is calculated. If you trade your shares at another time, your return may differ.

Gross Expense Ratio: 0.17%

Performance Graphs

Month End as of 11/30/2019

Fund Inception Date: 01/14/1998

Index Inception Date: 01/14/1998

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Quarter End as of 09/30/2019

Fund Inception Date: 01/14/1998

Index Inception Date: 01/14/1998

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Fund Top Holdings

Subject to change.

As of 12/06/2019
Name Weight Shares Held
Boeing Company 8.56 % 5,433,480
UnitedHealth Group Incorporated 6.78 % 5,433,480
Apple Inc. 6.55 % 5,433,480
Goldman Sachs Group Inc. 5.43 % 5,433,480
Home Depot Inc. 5.18 % 5,433,480
McDonald's Corporation 4.72 % 5,433,480
Visa Inc. Class A 4.41 % 5,433,480
3M Company 4.15 % 5,433,480
Microsoft Corporation 3.67 % 5,433,480
Walt Disney Company 3.57 % 5,433,480

Index Top Holdings

As of 12/06/2019
Name Weight
Boeing Company 8.57 %
UnitedHealth Group Incorporated 6.78 %
Apple Inc. 6.55 %
Goldman Sachs Group Inc. 5.44 %
Home Depot Inc. 5.19 %
McDonald's Corporation 4.73 %
Visa Inc. Class A 4.41 %
3M Company 4.15 %
Microsoft Corporation 3.67 %
Walt Disney Company 3.57 %

Fund Sector Allocation

As of 12/06/2019
<?xml version="1.0" encoding="UTF-8"?><component><asOfDate>12/06/2019</asOfDate><code>FUND_SECTOR_ALLOCATION</code><attributes><attribute><rawValue>20.3</rawValue><value>20.30%</value><label>Information Technology</label><order>1</order></attribute><attribute><rawValue>19.74</rawValue><value>19.74%</value><label>Industrials</label><order>2</order></attribute><attribute><rawValue>14.91</rawValue><value>14.91%</value><label>Financials</label><order>3</order></attribute><attribute><rawValue>13.26</rawValue><value>13.26%</value><label>Health Care</label><order>4</order></attribute><attribute><rawValue>12.26</rawValue><value>12.26%</value><label>Consumer Discretionary</label><order>5</order></attribute><attribute><rawValue>8.64</rawValue><value>8.64%</value><label>Consumer Staples</label><order>6</order></attribute><attribute><rawValue>5.06</rawValue><value>5.06%</value><label>Communication Services</label><order>7</order></attribute><attribute><rawValue>4.54</rawValue><value>4.54%</value><label>Energy</label><order>8</order></attribute><attribute><rawValue>1.29</rawValue><value>1.29%</value><label>Materials</label><order>9</order></attribute></attributes></component>

Index Sector Allocation

As of 12/06/2019
<?xml version="1.0" encoding="UTF-8"?><component><asOfDate>12/06/2019</asOfDate><code>BMARK_SECTOR_ALLOCTAION</code><attributes><attribute><rawValue>20.3</rawValue><value>20.30%</value><label>Information Technology</label><order>1</order></attribute><attribute><rawValue>19.74</rawValue><value>19.74%</value><label>Industrials</label><order>2</order></attribute><attribute><rawValue>14.91</rawValue><value>14.91%</value><label>Financials</label><order>3</order></attribute><attribute><rawValue>13.26</rawValue><value>13.26%</value><label>Health Care</label><order>4</order></attribute><attribute><rawValue>12.26</rawValue><value>12.26%</value><label>Consumer Discretionary</label><order>5</order></attribute><attribute><rawValue>8.64</rawValue><value>8.64%</value><label>Consumer Staples</label><order>6</order></attribute><attribute><rawValue>5.06</rawValue><value>5.06%</value><label>Communication Services</label><order>7</order></attribute><attribute><rawValue>4.54</rawValue><value>4.54%</value><label>Energy</label><order>8</order></attribute><attribute><rawValue>1.29</rawValue><value>1.29%</value><label>Materials</label><order>9</order></attribute></attributes></component>

In general, ETFs can be expected to move up or down in value with the value of the applicable index. Although ETF shares may be bought and sold on the exchange through any brokerage account, ETF shares are not individually redeemable from the Fund. Investors may acquire ETFs and tender them for redemption through the Fund in Creation Unit Aggregations only. Please see the prospectus for more details.

After-tax returns are calculated based on NAV using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor's tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.

Performance of an index is not illustrative of any particular investment. It is not possible to invest directly in an index.

As with all stocks, you may be required to deposit more money or securities into your margin account if the equity, including the amount attributable to your ETF shares, declines.

Unless otherwise noted all information contained herein is that of the SPDR Dow Jones Industrial Average ETF Trust.

"Dow Jones Industrial AverageSM", "DJIA®", "Dow Jones®", "The Dow®" and "DIAMONDS®" are trademarks and service marks of Standard & Poor's Financial Services LLC and have been licensed for use by S&P Dow Jones Indices LLC ("S&P") and sublicensed for use by State Street Global Advisors Funds Distributors, LLC. The Trust, PDR Services LLC and NYSE Arca, Inc. are permitted to use these trademarks and service marks pursuant to separate "Sublicenses." The Trust is not sponsored, endorsed, sold or promoted by S&P, its affiliates or its third party licensors.

The DJIA is a price-weighted index of 30 component common stocks, the components of which are determined by the Averages Committee, which is composed of the managing editor of The Wall Street Journal, the head of Dow Jones Indexes research and the head of CME Group research.

ETF Management Team

Chief Operating Officer-Investments John Tucker Senior Managing Director Show BioHide Bio

John is a Senior Managing Director of State Street Global Advisors. As the Chief Operating Officer for Investments, John has been deeply engaged in many of the firm's IT transformation efforts. In his role, John promotes operational efficiencies and works towards implementing new technology for certain trading processes while streamlining the overall number of systems within our global platform. In addition to Trading and transforming the way the Investments team operates, John's team is responsible for portfolio oversight, model validation, and transaction cost analysis functions globally.

Previously, John was Co-Head of Index Equity Strategies in North America and responsible for overseeing the management of all equity index strategies and Exchange Traded Funds managed in North America. Prior to that, John was head of the Structured Products group in SSGA's London office, where he was responsible for the management of all index strategies in our second largest investment center.

John received a BA from Trinity College and an MS in Finance from Boston College. He has also earned the Chartered Financial Analyst designation and is a member of the Boston Security Analysts Society and the CFA Institute. He joined State Street in 1988.

Senior Portfolio Manager David Chin Vice President Show BioHide Bio

David is a Vice President and Senior Portfolio Manager in the Global Equity Beta Solutions team at State Street Global Advisors. He is responsible for managing a full range of equity index and tax-efficient products. Before joining SSGA in 1999, David worked at Frank Russell Company, OneSource Information Systems and PanAgora Asset Management. David has been working in the investment management field since 1992.

David holds a BS in Management Information Systems from the University of Massachusetts/Boston and an MBA from the University of Arizona.

Senior Portfolio Manager Dwayne Hancock Vice President Show BioHide Bio

Dwayne is a Vice President of State Street Global Advisors and a Senior Portfolio Manager in the firm's Global Equity Beta Solutions (GEBS) team. Within this group, he is currently the strategy leader for their non-US passive products. Prior to taking on this responsibility, Dwayne was the ETF product specialist for the GEBS group. He is also a member of the SSGA Valuation Committee. Dwayne currently manages a varied mix of funds spanning both regions, US, developed and emerging and fund structures which include separate accounts, commingled funds, mutual funds and ETFs. Additionally, he has played a primary role in determining trading strategies for significant benchmark changes such as the annual Russell reconstitution.

Dwayne joined SSGA in 1996 and became part of the GEBS portfolio management team in 1998. Prior to this, he worked in the firm's Passive International Equity Operations department as a Senior Analyst. He has been working in the investment management field since 1994.

Dwayne holds an MBA from Boston College and a BS in Business Administration from Framingham State College. He also earned the Chartered Financial Analyst Designation and is a member of the Boston Security Analysts Society.

Deputy Head of GEBS - Americas Karl A. Schneider Managing Director Show BioHide Bio

Karl Schneider, CAIA, is a Managing Director of SSGA and Deputy Head of Global Equity Beta Solutions (GEBS) in the Americas. He also serves as a senior portfolio manager for a number of the group's passive equity portfolios. Previously within GEBS, he served as a portfolio manager and product specialist for US equity strategies and synthetic beta strategies, including commodities, buy/write, and hedge fund replication. He is also a member of the S&P Dow Jones US Equities Index Advisory Panel.

Prior to joining the GEBS team, Mr. Schneider worked as a portfolio manager in SSGA's Currency Management Group, managing both active currency selection and traditional passive hedging overlay portfolios. He joined SSGA in 1997.

Mr. Schneider holds a BS in Finance and Investments from Babson College and also an MS in Finance from Boston College. He has earned the Chartered Alternative Investment Analyst designation and is a member of the CAIA Association.

Co-Head, Global Equity Beta Solutions Michael J. Feehily Senior Managing Director Show BioHide Bio

Mike is a Senior Managing Director and the Head of Global Equity Beta Solutions in the Americas. He is also a member of the Senior Leadership Team and is a voting member on the firm's Trade Management Oversight Committee and the North America Product Committee.

Mike rejoined SSGA in 2010 after spending four years in State Street Global Markets where he helped to build the Global Exposure Solutions business. This group created and managed portfolios that were designed to meet the short-term market exposure needs of our institutional clients. Prior to this Mike had been Head of the US Passive Equity Team within SSGA, which he originally joined in 1997. He began his career at State Street within the Global Services division in 1992.

Mike received a Bachelor of Science Degree from Babson College in Finance, Investments, and Economics. He received an MBA in Finance from Bentley College and also earned the Chartered Financial Analyst designation. He is a member of the CFA Institute and the Boston Security Analysts Society. Mike is also a former member of the Russell Index Client Advisory Board.

After Tax Returns

After-tax returns are calculated using the historical highest individual federal marginal income tax rates, and do not reflect the impact of state and local taxes. Actual after tax returns depend on the investor's tax situation and may differ from those shown, and the after-tax returns shown are not relevant to investors who hold their fund shres through tad deferred arrangements such as 401(k) plans or individual retiredment accounts. After tax returns may not take into account year end tax adjustments, which are calculated only at the end of each tax year. The after tax returns could differ after year end tax adjustments are accounted for.

Dow Jones Industrial Average

The Dow Jones Industrial AverageSM (DJIA) is composed of thirty (30) "blue-chip" U.S. stocks. At 100-plus years, it is the oldest continuing U.S. market index. The DJIA has evolved into the most recognizable stock indicator in the world, and the only index composed of companies that have sustained earnings performance over a significant period of time.

Important Risk Information

In general, ETFs can be expected to move up or down in value with the value of the applicable index. Although ETF shares may be bought and sold on the exchange through any brokerage account, ETF shares are not individually redeemable from the Fund.

Investors may acquire ETFs and tender them for redemption through the Fund in Creation Unit Aggregations only. Please see the prospectus for more details.

Equity securities may fluctuate in value in response to the activities of individual companies and general market and economic conditions.

While the shares of ETFs are tradable on secondary markets, they may not readily trade in all market conditions and may trade at significant discounts in periods of market stress.

ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETFs net asset value. Brokerage commissions and ETF expenses will reduce returns.

Before investing, consider the funds' investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 1-866-787-2257, download a prospectus or summary prospectus now, or talk to your financial advisor. Read it carefully before investing.

Glossary

Premium Discount to NAV

As of 12/06/2019
Ticker NAV Close Bid/Ask Mid Pt Premium/ Discount
SPDR® Dow Jones® Industrial Average ETF Trust DIA $280.73 $280.70 $280.72 -0.00%
Download Fund Data

x axis: # of days y axis: # Premium/Discount percentage

The above information is provided to show the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds.

Before investing, consider the funds' investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 1-866-787-2257, download a prospectus or summary prospectus now, or talk to your financial advisor. Read it carefully before investing.

Centralized Systematic Valuation Aggregated Cash Flow (ACF) File

This information provided is calculated by Bloomberg Finance L.P., a third party not affiliated with SSGA. Neither SSGA nor its affiliates assume any liability for or guarantee the timeliness, accuracy and completeness of the information provided. The information provided is as of the date indicated and is subject to change.

This analysis or any portion thereof may not be revised or changed in any way, reprinted, sold or redistributed without the written consent of SSGA.

This cash flow table and the data contained herein (together, "Content") is provided for informational purposes only, on an "as is" basis. No source of Content, or any of its affiliates (each a "Source"), makes any warranty, express or implied, that the Content is accurate, complete or error-free, and it should not be relied upon as such. No Source guarantees the timeliness, reliability, performance, continued availability, or currency of the Content or any results obtained therefrom. No Source shall be liable for any damages, including without limitation, any special, punitive, indirect, incidental or consequential damages, or any lost profits, arising from the use of or reliance on the Content, even if advised of the possibility of such damages. Nothing in the Content shall constitute or be construed as an offering of financial instruments by any Source, or as investment advice or recommendations by such entities of an investment strategy or whether or not to "buy", "sell" or "hold" an investment.

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