Market Overview

State Street Global Advisors Announces Impact of Receiving Settlement Payment

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The SPDR® Exchange Traded Fund (ETF) listed in the table below, announced today that the Fund received a payment as an authorized claimant from a class action settlement related to Hospira, Inc. (NYSE: HSP).

The total payment to be received by the Fund is listed below. When the Fund calculates its net asset value ("NAV") per share on Friday, September 25, 2015, it is estimated that the Fund's NAV will be impacted in the amount stated below based on shares outstanding as of September 23, 2015.

Fund
Payment
Amount
Shares Outstanding as of
September 23, 2015
Per Share
Impact

SPDR® S&P Pharmaceuticals ETF (XPH) $126,658 17,600,270 $0.0072

SSGA manages approximately $439 billion in SPDR ETF assets worldwide (as of June 30, 2015) and is one of the largest ETF providers in the US and globally.

Posted-In: News Press Releases

 

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