-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, WRBE9xG2/BwJX6Xw3P/s3OPQb7CIGPTSEHcjrSHjcte/OfJDV0m8AWJVhnZcm05a wNosZ2HsRlh/Q5ofE85V5Q== 0000950135-09-004377.txt : 20090529 0000950135-09-004377.hdr.sgml : 20090529 20090529143636 ACCESSION NUMBER: 0000950135-09-004377 CONFORMED SUBMISSION TYPE: N-Q PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20090331 FILED AS OF DATE: 20090529 DATE AS OF CHANGE: 20090529 EFFECTIVENESS DATE: 20090529 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SPDR SERIES TRUST CENTRAL INDEX KEY: 0001064642 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FILING VALUES: FORM TYPE: N-Q SEC ACT: 1940 Act SEC FILE NUMBER: 811-08839 FILM NUMBER: 09860931 BUSINESS ADDRESS: STREET 1: ONE LINCOLN STREET STREET 2: CPH0326 CITY: BOSTON STATE: MA ZIP: 02111 BUSINESS PHONE: 866-787-2257 MAIL ADDRESS: STREET 1: ONE LINCOLN STREET STREET 2: CPH0326 CITY: BOSTON STATE: MA ZIP: 02111 FORMER COMPANY: FORMER CONFORMED NAME: STREETTRACKS SERIES TRUST DATE OF NAME CHANGE: 20000925 FORMER COMPANY: FORMER CONFORMED NAME: INDEX EXCHANGE LISTED SECURITIES TRUST DATE OF NAME CHANGE: 19980622 0001064642 S000006973 SPDR(R) Dow Jones Total Market ETF C000019026 SPDR(R) Dow Jones Total Market ETF TMW 0001064642 S000006974 SPDR(R) Dow Jones Small Cap Value ETF C000019027 SPDR(R) Dow Jones Small Cap Value ETF DSV 0001064642 S000006975 SPDR(R) DJ Global Titans ETF C000019028 SPDR(R) DJ Global Titans ETF DGT 0001064642 S000006976 SPDR(R) Dow Jones REIT ETF C000019029 SPDR(R) Dow Jones REIT ETF RWR 0001064642 S000006977 SPDR(R) KBW Bank ETF C000019030 SPDR(R) KBW Bank ETF KBE 0001064642 S000006978 SPDR(R) KBW Capital Markets ETF C000019031 SPDR(R) KBW Capital Markets ETF KCE 0001064642 S000006979 SPDR(R) KBW Insurance ETF C000019032 SPDR(R) KBW Insurance ETF KIE 0001064642 S000006980 SPDR(R) Morgan Stanley Technology ETF C000019033 SPDR(R) Morgan Stanley Technology ETF MTK 0001064642 S000006981 SPDR(R) S&P(R) Dividend ETF C000019034 SPDR(R) S&P(R) Dividend ETF SDY 0001064642 S000006983 SPDR(R) Dow Jones Large Cap ETF C000019036 SPDR(R) Dow Jones Large Cap ETF ELR 0001064642 S000006984 SPDR(R) Dow Jones Large Cap Growth ETF C000019037 SPDR(R) Dow Jones Large Cap Growth ETF ELG 0001064642 S000006985 SPDR(R) Dow Jones Large Cap Value ETF C000019038 SPDR(R) Dow Jones Large Cap Value ETF ELV 0001064642 S000006986 SPDR(R) Dow Jones Mid Cap ETF C000019039 SPDR(R) Dow Jones Mid Cap ETF EMM 0001064642 S000006987 SPDR(R) Dow Jones Mid Cap Growth ETF C000019040 SPDR(R) Dow Jones Mid Cap Growth ETF EMG 0001064642 S000006988 SPDR(R) Dow Jones Mid Cap Value ETF C000019041 SPDR(R) Dow Jones Mid Cap Value ETF EMV 0001064642 S000006989 SPDR(R) Dow Jones Small Cap ETF C000019042 SPDR(R) Dow Jones Small Cap ETF DSC 0001064642 S000006990 SPDR(R) Dow Jones Small Cap Growth ETF C000019043 SPDR(R) Dow Jones Small Cap Growth ETF DSG 0001064642 S000010018 SPDR(R) S&P(R) Biotech ETF C000027706 SPDR(R) S&P(R) Biotech ETF XBI 0001064642 S000010019 SPDR(R) S&P(R) Homebuilders ETF C000027707 SPDR(R) S&P(R) Homebuilders ETF XHB 0001064642 S000010020 SPDR(R) S&P(R) Semiconductor ETF C000027708 SPDR(R) S&P(R) Semiconductor ETF XSD 0001064642 S000012319 SPDR(R) S&P(R) Oil & Gas Exploration & Production ETF C000033535 SPDR(R) S&P(R) Oil & Gas Exploration & Production ETF XOP 0001064642 S000012321 SPDR(R) S&P(R) Pharmaceuticals ETF C000033537 SPDR(R) S&P(R) Pharmaceuticals ETF XPH 0001064642 S000012322 SPDR(R) S&P(R) Retail ETF C000033538 SPDR(R) S&P(R) Retail ETF XRT 0001064642 S000012325 SPDR(R) KBW Regional Banking(SM) ETF C000033541 SPDR(R) KBW Regional Banking(SM) ETF KRE 0001064642 S000012333 SPDR(R) S&P(R) Metals & Mining ETF C000033549 SPDR(R) S&P(R) Metals & Mining ETF XME 0001064642 S000012334 SPDR(R) S&P(R) Oil & Gas Equipment & Services ETF C000033550 SPDR(R) S&P(R) Oil & Gas Equipment & Services ETF XES 0001064642 S000017326 SPDR(R) Barclays Capital 1-3 Month T-Bill ETF C000047963 SPDR(R) Barclays Capital 1-3 Month T-Bill ETF BIL 0001064642 S000017327 SPDR(R) Barclays Capital Short Term Municipal Bond ETF C000047964 SPDR(R) Barclays Capital Short Term Municipal Bond ETF 0001064642 S000017328 SPDR(R) Barclays Capital Intermediate Term Treasury ETF C000047965 SPDR(R) Barclays Capital Intermediate Term Treasury ETF ITE 0001064642 S000017329 SPDR(R) Barclays Capital Long Term Treasury ETF C000047966 SPDR(R) Barclays Capital Long Term Treasury ETF TLO 0001064642 S000017330 SPDR(R) Barclays Capital TIPS ETF C000047967 SPDR(R) Barclays Capital TIPS ETF IPE 0001064642 S000017331 SPDR(R) Barclays Capital California Municipal Bond ETF C000047968 SPDR(R) Barclays Capital California Municipal Bond ETF 0001064642 S000017332 SPDR(R) Barclays Capital New York Municipal Bond ETF C000047969 SPDR(R) Barclays Capital New York Municipal Bond ETF 0001064642 S000017333 SPDR(R) Barclays Capital Municipal Bond ETF C000047970 SPDR(R) Barclays Capital Municipal Bond ETF TFI 0001064642 S000017334 SPDR(R) Barclays Capital Aggregate Bond ETF C000047971 SPDR(R) Barclays Capital Aggregate Bond ETF LAG 0001064642 S000018782 SPDR(R) Barclays Capital International Treasury Bond ETF C000051964 SPDR(R) Barclays Capital International Treasury Bond ETF 0001064642 S000018783 SPDR(R) DB International Government Inflation-Protected Bond ETF C000051965 SPDR(R) DB International Government Inflation-Protected Bond ETF 0001064642 S000019669 SPDR(R) Barclays Capital High Yield Bond ETF C000055013 SPDR(R) Barclays Capital High Yield Bond ETF 0001064642 S000022922 SPDR(R) Barclays Capital Mortgage Backed Bond ETF C000066453 SPDR(R) Barclays Capital Mortgage Backed Bond ETF 0001064642 S000022923 SPDR(R) Barclays Capital Intermediate Term Credit Bond ETF C000066454 SPDR(R) Barclays Capital Intermediate Term Credit Bond ETF 0001064642 S000022924 SPDR(R) Barclays Capital Long Term Credit Bond ETF C000066455 SPDR(R) Barclays Capital Long Term Credit Bond ETF 0001064642 S000023655 SPDR(R) Barclays Capital Short Term International Treasury Bond ETF C000069669 SPDR(R) Barclays Capital Short Term International Treasury Bond ETF N-Q 1 b75302a1nvq.txt SPDR (R) SERIES TRUST UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM N-Q QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY Investment Company Act file number: 811-08839 --------------------------------------------- SPDR(R) SERIES TRUST - -------------------------------------------------------------------------------- (Exact name of registrant as specified in charter) STATE STREET FINANCIAL CENTER ONE LINCOLN STREET BOSTON, MASSACHUSETTS 02111 - -------------------------------------------------------------------------------- (Address of principal executive offices)(Zip code) (Name and Address of Agent for Service) Copy to: Ryan M. Louvar, Esq. W. John McGuire, Esq. Vice President and Senior Counsel Morgan, Lewis & Bochius LLP State Street Bank and Trust Company 1111 Pennsylvania Ave., NW One Lincoln Street/CPH 0326 Washington, DC 20004 Boston, MA 02111 Registrant's telephone number, including area code: (866) 787-2257 -------------- Date of fiscal year end: June 30 Date of reporting period: March 31, 2009 ITEM 1. SCHEDULE OF INVESTMENTS. SPDR DOW JONES TOTAL MARKET ETF (FORMERLY SPDR DJ WILSHIRE TOTAL MARKET ETF) SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ------------ COMMON STOCKS -- 99.7% AEROSPACE & DEFENSE -- 2.2% BE Aerospace, Inc. (a)................................. 2,982 $ 25,854 Boeing Co. ............................................ 10,130 360,425 Ceradyne, Inc. (a)(b).................................. 515 9,337 General Dynamics Corp. ................................ 4,679 194,600 Goodrich Corp. ........................................ 2,805 106,281 Honeywell International, Inc. ......................... 10,350 288,351 ITT Corp. ............................................. 3,459 133,068 L-3 Communications Holdings, Inc. ..................... 2,133 144,617 Lockheed Martin Corp. ................................. 4,814 332,310 Northrop Grumman Corp. ................................ 5,397 235,525 Precision Castparts Corp. ............................. 1,824 109,258 Raytheon Co. .......................................... 6,794 264,558 Rockwell Collins, Inc. ................................ 3,379 110,291 Taser International, Inc. (a).......................... 964 4,512 United Technologies Corp. ............................. 12,988 558,224 ------------ 2,877,211 ------------ AIR FREIGHT & LOGISTICS -- 0.7% C.H. Robinson Worldwide, Inc. ......................... 2,453 111,881 Expeditors International Washington, Inc. ............. 3,191 90,273 FedEx Corp. ........................................... 4,434 197,269 Forward Air Corp. (b).................................. 3,511 56,984 United Parcel Service, Inc. (Class B).................. 9,288 457,155 UTI Worldwide, Inc. ................................... 3,480 41,586 ------------ 955,148 ------------ AIRLINES -- 0.2% AMR Corp. (a).......................................... 4,961 15,826 Continental Airlines, Inc. (Class B) (a)(b)............ 1,911 16,836 Delta Air Lines, Inc. (a).............................. 9,140 51,458 JetBlue Airways Corp. (a)(b)........................... 5,167 18,859 Southwest Airlines Co. ................................ 11,213 70,978 UAL Corp. (a)(b)....................................... 2,422 10,851 US Airways Group, Inc. (a)(b).......................... 2,866 7,251 ------------ 192,059 ------------ AUTO COMPONENTS -- 0.2% BorgWarner, Inc. (b)................................... 1,242 25,213 Gentex Corp. (b)....................................... 5,476 54,541 Johnson Controls, Inc. ................................ 9,732 116,784 Modine Manufacturing Co. .............................. 3,239 8,097 The Goodyear Tire & Rubber Co. (a)..................... 5,144 32,201 WABCO Holdings, Inc. .................................. 1,519 18,699 ------------ 255,535 ------------ AUTOMOBILES -- 0.1% Ford Motor Co. (a)(b).................................. 28,733 75,568 General Motors Corp. (b)............................... 8,425 16,344 Harley-Davidson, Inc. (b).............................. 4,521 60,536 Thor Industries, Inc. (b).............................. 537 8,388 ------------ 160,836 ------------ BEVERAGES -- 2.4% Central European Distribution Corp. (a)(b)............. 703 7,564 Coca-Cola Enterprises, Inc. ........................... 5,867 77,386 Constellation Brands, Inc. (Class A) (a)............... 4,186 49,814 Dr. Pepper Snapple Group, Inc. (a)..................... 3,918 66,253 Hansen Natural Corp. (a)(b)............................ 1,229 44,244 Molson Coors Brewing Co. (Class B)..................... 2,188 75,005 PepsiCo, Inc. ......................................... 23,665 1,218,274 The Coca-Cola Co. ..................................... 31,901 1,402,049 The Pepsi Bottling Group, Inc. ........................ 3,636 80,501 ------------ 3,021,090 ------------ BIOTECHNOLOGY -- 2.3% Acorda Therapeutics, Inc. (a).......................... 1,024 20,285 Alexion Pharmaceuticals, Inc. (a)...................... 1,254 47,226 Alkermes, Inc. (a)..................................... 2,457 29,803 Alnylam Pharmaceuticals, Inc. (a)(b)................... 1,126 21,439 Amgen, Inc. (a)........................................ 15,940 789,349 Amylin Pharmaceuticals, Inc. (a)(b).................... 2,409 28,306 AVI BioPharma, Inc. (a)................................ 5,061 3,340 Biogen Idec, Inc. (a).................................. 4,659 244,225 BioMarin Pharmaceutical, Inc. (a)(b)................... 1,976 24,404 Celgene Corp. (a)...................................... 7,229 320,968 Cephalon, Inc. (a)(b).................................. 1,364 92,888 Chelsea Therapeutics International, Inc. (a)........... 7,008 10,722 Cubist Pharmaceuticals, Inc. (a)(b).................... 1,338 21,890 Facet Biotech Corp. (a)................................ 3,608 34,276 Genzyme Corp. (a)...................................... 4,126 245,043 Gilead Sciences, Inc. (a).............................. 13,996 648,295 Human Genome Sciences, Inc. (a)(b)..................... 6,328 5,252 InterMune, Inc. (a)(b)................................. 482 7,924 Isis Pharmaceuticals, Inc. (a)(b)...................... 2,143 32,166 Isolagen, Inc. (a)(b).................................. 11,874 2,018 Martek Biosciences Corp. (b)........................... 995 18,159 Medarex, Inc. (a)(b)................................... 3,890 19,956 Myriad Genetics, Inc. (a)(b)........................... 1,440 65,477 Neurocrine Biosciences, Inc. (a)....................... 2,013 7,146 Novavax, Inc. (a)(b)................................... 3,695 3,769 Onyx Pharmaceuticals, Inc. (a)(b)...................... 951 27,151 OSI Pharmaceuticals, Inc. (a)(b)....................... 1,147 43,884 PDL BioPharma, Inc. ................................... 3,662 25,927 Pharmasset, Inc. (a)(b)................................ 381 3,738 SIGA Technologies, Inc. (a)(b)......................... 8,173 41,437 StemCells, Inc. (a)(b)................................. 5,503 9,190 Vertex Pharmaceuticals, Inc. (a)(b).................... 2,125 61,051 ------------ 2,956,704 ------------ BUILDING PRODUCTS -- 0.1% Masco Corp. ........................................... 6,128 42,774 Quanex Building Products Corp. ........................ 579 4,400 Simpson Manufacturing Co., Inc. (b).................... 1,451 26,147 USG Corp. (a).......................................... 1,088 8,280 ------------ 81,601 ------------ CAPITAL MARKETS -- 2.4% Affiliated Managers Group, Inc. (a)(b)................. 690 28,780 Ameriprise Financial, Inc. ............................ 3,205 65,670 BlackRock, Inc. (b).................................... 270 35,111 Diamond Hill Investment Group, Inc. (a)................ 127 4,994 E*TRADE Financial Corp. (a)(b)......................... 8,851 11,329 Eaton Vance Corp. (b).................................. 1,967 44,946 Federated Investors, Inc. (Class B).................... 921 20,501 Franklin Resources, Inc. .............................. 2,405 129,557 International Assets Holding Corp. (a)(b).............. 2,723 27,747 Invesco, Ltd. ......................................... 5,704 79,057 Janus Capital Group, Inc. (b).......................... 5,475 36,409 Jefferies Group, Inc. (a)(b)........................... 1,731 23,888
1 SPDR DOW JONES TOTAL MARKET ETF (FORMERLY SPDR DJ WILSHIRE TOTAL MARKET ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ------------ KBW, Inc. (a).......................................... 798 $ 16,239 Knight Capital Group, Inc. (Class A) (a)............... 717 10,569 Legg Mason, Inc. (b)................................... 2,841 45,172 Morgan Stanley......................................... 15,074 343,235 Northern Trust Corp. .................................. 3,441 205,841 Raymond James Financial, Inc. (b)...................... 1,689 33,273 SEI Investments Co. ................................... 5,382 65,714 State Street Corp. (c)................................. 6,384 196,500 T. Rowe Price Group, Inc. (b).......................... 3,513 101,385 TD Ameritrade Holding Corp. (a)........................ 4,089 56,469 The Bank of New York Mellon Corp. ..................... 16,684 471,323 The Charles Schwab Corp. .............................. 15,017 232,764 The Goldman Sachs Group, Inc. ......................... 6,367 675,029 Waddell & Reed Financial, Inc. (Class A)............... 3,009 54,373 ------------ 3,015,875 ------------ CHEMICALS -- 2.1% Air Products & Chemicals, Inc. ........................ 2,924 164,475 Airgas, Inc. .......................................... 1,207 40,809 Ashland, Inc. ......................................... 1,656 17,106 Cabot Corp. ........................................... 1,907 20,043 Calgon Carbon Corp. (a)(b)............................. 1,638 23,210 Celanese Corp. (Series A).............................. 2,788 37,275 CF Industries Holdings, Inc. .......................... 894 63,590 E. I. du Pont de Nemours & Co. ........................ 13,791 307,953 Eastman Chemical Co. .................................. 2,057 55,128 Ecolab, Inc. .......................................... 3,694 128,293 FMC Corp. ............................................. 1,147 49,482 Monsanto Co. .......................................... 8,369 695,464 Nalco Holding Co. ..................................... 3,425 44,765 PPG Industries, Inc. .................................. 2,980 109,962 Praxair, Inc. ......................................... 5,187 349,033 Rohm & Haas Co. ....................................... 3,042 239,831 Sigma-Aldrich Corp. (b)................................ 1,619 61,182 Terra Industries, Inc. (b)............................. 1,792 50,337 The Dow Chemical Co. .................................. 13,782 116,182 The Mosaic Co. ........................................ 2,321 97,436 ------------ 2,671,556 ------------ COMMERCIAL BANKS -- 2.3% Arrow Financial Corp. (b).............................. 4,090 96,892 Bank of Hawaii Corp. (b)............................... 781 25,757 BB&T Corp. (b)......................................... 7,359 124,514 CapitalSource, Inc. (b)................................ 1,664 2,030 Capitol Bancorp, Ltd. (b).............................. 2,988 12,400 Cathay General Bancorp (b)............................. 1,091 11,379 Centerstate Banks of Florida, Inc. .................... 2,221 24,453 Citizens Republic Bancorp, Inc. (a)(b)................. 4,380 6,789 Columbia Banking System, Inc. (b)...................... 4,260 27,264 Comerica, Inc. (b)..................................... 1,603 29,351 CVB Financial Corp. (b)................................ 6,693 44,375 F.N.B. Corp. (b)....................................... 6,059 46,473 Farmers Capital Bank Corp. (b)......................... 1,967 30,823 Fifth Third Bancorp (b)................................ 6,686 19,523 First Bancorp- North Carolina (b)...................... 2,503 29,961 First Commonwealth Financial Corp. (b)................. 5,946 52,741 First Horizon National Corp. (b)....................... 3,400 36,516 First Merchants Corp. ................................. 4,788 51,663 Horizon Financial Corp. (b)............................ 3,472 6,215 Huntington Bancshares, Inc. (b)........................ 5,162 8,569 Independent Bank Corp. -- Massachusetts (b)............ 3,310 48,822 Integra Bank Corp. (b)................................. 3,122 5,901 International Bancshares Corp. (b)..................... 1,472 11,482 Keycorp................................................ 5,530 43,521 Lakeland Financial Corp. .............................. 4,578 87,852 M&T Bank Corp. (b)..................................... 1,173 53,067 Marshall & Ilsley Corp. (b)............................ 3,248 18,286 National Penn Bancshares, Inc. (b)..................... 6,594 54,730 Old National Bancorp (b)............................... 1,277 14,264 PacWest Bancorp (b).................................... 1,789 25,636 PNC Financial Services Group, Inc. (b)................. 5,081 148,822 Popular, Inc. (b)...................................... 3,506 7,643 Regions Financial Corp. (b)............................ 11,607 49,446 Renasant Corp. (b)..................................... 5,580 70,085 Sandy Spring Bancorp, Inc. (b)......................... 3,353 37,419 Simmons First National Corp. .......................... 3,430 86,402 StellarOne Corp. (b)................................... 5,867 69,876 SunTrust Banks, Inc. .................................. 4,442 52,149 Susquehanna Bancshares, Inc. (b)....................... 5,767 53,806 Synovus Financial Corp. (b)............................ 1,415 4,599 The Colonial BancGroup, Inc. (b)....................... 1,875 1,688 Trustmark Corp. (b).................................... 1,217 22,368 U.S. Bancorp........................................... 23,941 349,778 UCBH Holdings, Inc. (b)................................ 4,954 7,481 Umpqua Holdings Corp. (b).............................. 5,104 46,242 United Bankshares, Inc. (b)............................ 940 16,206 United Community Banks, Inc. (b)....................... 3,696 15,375 Wells Fargo & Co. ..................................... 56,576 805,642 Zions Bancorp (b)...................................... 1,088 10,695 ------------ 2,906,971 ------------ COMMERCIAL SERVICES & SUPPLIES -- 0.7% Avery Dennison Corp. .................................. 2,389 53,370 Cintas Corp. (b)....................................... 3,276 80,983 Courier Corp. ......................................... 2,832 42,962 Covanta Holding Corp. (a).............................. 2,326 30,447 Ennis, Inc. ........................................... 5,634 49,917 Herman Miller, Inc. ................................... 3,079 32,822 Iron Mountain, Inc. (a)(b)............................. 4,090 90,675 Kimball International, Inc. (Class B).................. 5,624 36,894 Pitney Bowes, Inc. .................................... 3,949 92,209 R.R. Donnelley & Sons Co. (b).......................... 5,007 36,701 Republic Services, Inc. ............................... 4,260 73,059 Stericycle, Inc. (a)(b)................................ 1,126 53,744 Waste Connections, Inc. (a)............................ 1,512 38,858 Waste Management, Inc. ................................ 7,446 190,618 ------------ 903,259 ------------ COMMUNICATIONS EQUIPMENT -- 2.8% 3Com Corp. (a)......................................... 18,094 55,910 ADC Telecommunications, Inc. (a)....................... 3,632 15,944 Arris Group, Inc. (a).................................. 4,026 29,672 Avocent Corp. (a)(b)................................... 781 9,481 Brocade Communications Systems, Inc. (a)............... 3,506 12,096 CIENA Corp. (a)(b)..................................... 3,497 27,207 Cisco Systems, Inc. (a)................................ 89,615 1,502,844 CommScope, Inc. (a)(b)................................. 1,807 20,528 Comtech Telecommunications Corp. (a)................... 810 20,064 Corning, Inc. ......................................... 23,411 310,664 EchoStar Corp. (Class A) (a)(b)........................ 969 14,370 F5 Networks, Inc. (a)(b)............................... 1,530 32,053 Finisar Corp. (a)(b)................................... 5,841 2,570
2 SPDR DOW JONES TOTAL MARKET ETF (FORMERLY SPDR DJ WILSHIRE TOTAL MARKET ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ------------ Harmonic, Inc. (a)..................................... 2,238 $ 14,547 Harris Corp. .......................................... 2,843 82,276 InterDigital, Inc. (a)................................. 1,200 30,984 JDS Uniphase Corp. (a)................................. 5,021 16,318 Juniper Networks, Inc. (a)............................. 9,091 136,910 Motorola, Inc. ........................................ 34,562 146,197 MRV Communications, Inc. (a)........................... 6,814 2,112 Phazar Corp. (a)....................................... 1,359 3,153 Plantronics, Inc. ..................................... 781 9,427 Polycom, Inc. (a)(b)................................... 1,821 28,025 QUALCOMM, Inc. ........................................ 24,783 964,307 Tellabs, Inc. (a)...................................... 9,982 45,718 ------------ 3,533,377 ------------ COMPUTERS & PERIPHERALS -- 4.5% Apple, Inc. (a)........................................ 13,720 1,442,247 Avid Technology, Inc. (a)(b)........................... 1,307 11,946 Dell, Inc. (a)......................................... 27,096 256,870 EMC Corp. (a).......................................... 31,008 353,491 Hewlett-Packard Co. ................................... 37,135 1,190,548 Icad, Inc. (a)......................................... 7,009 6,518 International Business Machines Corp. ................. 20,406 1,977,137 Lexmark International, Inc. (Class A) (a).............. 1,655 27,920 NCR Corp. (a).......................................... 3,644 28,970 NetApp, Inc. (a)....................................... 6,376 94,620 Novatel Wireless, Inc. (a)............................. 1,448 8,138 Palm, Inc. (a)(b)...................................... 2,811 24,231 QLogic Corp. (a)(b).................................... 4,548 50,574 SanDisk Corp. (a)...................................... 4,706 59,531 Seagate Technology..................................... 7,931 47,665 Sun Microsystems, Inc. (a)............................. 13,122 96,053 Teradata Corp. (a)..................................... 3,329 53,996 Western Digital Corp. (a).............................. 4,544 87,881 ------------ 5,818,336 ------------ CONSTRUCTION & ENGINEERING -- 0.3% Aecom Technology Corp. (a)............................. 1,331 34,713 EMCOR Group, Inc. (a).................................. 1,294 22,218 Fluor Corp. ........................................... 2,987 103,201 Jacobs Engineering Group, Inc. (a)..................... 1,970 76,160 KBR, Inc. ............................................. 2,442 33,724 Quanta Services, Inc. (a).............................. 2,909 62,398 The Shaw Group, Inc. (a)............................... 1,404 38,484 URS Corp. (a).......................................... 1,252 50,593 ------------ 421,491 ------------ CONSTRUCTION MATERIALS -- 0.1% Eagle Materials, Inc. ................................. 1,296 31,428 Headwaters, Inc. (a)(b)................................ 579 1,818 Martin Marietta Materials, Inc. (b).................... 923 73,194 Vulcan Materials Co. (b)............................... 1,828 80,962 ------------ 187,402 ------------ CONSUMER FINANCE -- 0.3% American Express Co. .................................. 15,508 211,374 AmeriCredit Corp. (a)(b)............................... 3,661 21,453 Capital One Financial Corp. ........................... 5,810 71,114 Discover Financial Services............................ 7,144 45,079 SLM Corp. (a).......................................... 7,849 38,853 ------------ 387,873 ------------ CONTAINERS & PACKAGING -- 0.2% Crown Holdings, Inc. (a)............................... 4,066 92,420 Myers Industries, Inc. ................................ 530 3,254 Owens-Illinois, Inc. (a)............................... 3,253 46,973 Pactiv Corp. (a)....................................... 3,887 56,712 Sealed Air Corp. ...................................... 4,553 62,832 Temple-Inland, Inc. (b)................................ 2,271 12,195 ------------ 274,386 ------------ DISTRIBUTORS -- 0.1% Genuine Parts Co. ..................................... 1,380 41,207 LKQ Corp. (a)(b)....................................... 2,832 40,412 ------------ 81,619 ------------ DIVERSIFIED CONSUMER SERVICES -- 0.5% Apollo Group, Inc. (a)................................. 2,319 181,647 Capella Education Co. (a)(b)........................... 717 38,001 Career Education Corp. (a)............................. 2,546 61,002 Corinthian Colleges, Inc. (a)(b)....................... 1,955 38,025 DeVry, Inc. ........................................... 990 47,698 H&R Block, Inc. ....................................... 4,964 90,295 ITT Educational Services, Inc. (a)(b).................. 797 96,772 Service Corp. International............................ 10,582 36,931 Sotheby's (b).......................................... 1,067 9,603 Strayer Education, Inc. (b)............................ 278 50,004 ------------ 649,978 ------------ DIVERSIFIED FINANCIAL SERVICES -- 2.3% Bank of America Corp. ................................. 89,205 608,378 CIT Group, Inc. (b).................................... 4,386 12,500 Citigroup, Inc. (b).................................... 78,633 198,941 CME Group, Inc. ....................................... 1,052 259,202 Intercontinental Exchange, Inc. (a).................... 1,277 95,098 JPMorgan Chase & Co. .................................. 56,168 1,492,945 Leucadia National Corp. (a)(b)......................... 3,909 58,205 Medallion Financial Corp. ............................. 1,007 7,462 Moody's Corp. (b)...................................... 3,725 85,377 MSCI, Inc. (Class A) (a)............................... 1,638 27,699 NYSE Euronext.......................................... 4,212 75,395 PHH Corp. (a)(b)....................................... 1,053 14,795 The Nasdaq OMX Group, Inc. (a)(b)...................... 2,672 52,318 ------------ 2,988,315 ------------ DIVERSIFIED TELECOMMUNICATION SERVICES -- 3.1% AT&T, Inc. ............................................ 88,407 2,227,856 CenturyTel, Inc. (b)................................... 1,752 49,266 Cogent Communications Group, Inc. (a).................. 2,723 19,606 Embarq Corp. .......................................... 2,130 80,621 Fibernet Telecom Group, Inc. (a)....................... 4,285 47,135 Frontier Communications Corp. ......................... 9,379 67,341 Level 3 Communications, Inc. (a)(b).................... 13,632 12,541 Qwest Communications International, Inc. (b)........... 26,383 90,230 SureWest Communications (b)............................ 2,772 21,622 tw telecom, inc. (a)(b)................................ 3,636 31,815 Verizon Communications, Inc. .......................... 42,095 1,271,269 Windstream Corp. ...................................... 8,164 65,802 ------------ 3,985,104 ------------ ELECTRIC UTILITIES -- 2.2% Allegheny Energy, Inc. ................................ 3,622 83,922 American Electric Power Co., Inc. ..................... 6,451 162,952
3 SPDR DOW JONES TOTAL MARKET ETF (FORMERLY SPDR DJ WILSHIRE TOTAL MARKET ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ------------ Brookfield Infrastructure Partners LP (b).............. 1,924 $ 25,435 Central Vermont Public Service Corp. .................. 4,684 81,033 Duke Energy Corp. ..................................... 16,094 230,466 Edison International................................... 5,246 151,137 Entergy Corp. ......................................... 2,813 191,537 Exelon Corp. .......................................... 10,001 453,945 FirstEnergy Corp. ..................................... 4,865 187,789 FPL Group, Inc. ....................................... 5,590 283,581 Maine & Maritimes Corp. ............................... 127 4,445 MGE Energy, Inc. ...................................... 3,281 102,925 Northeast Utilities.................................... 2,264 48,880 Pepco Holdings, Inc. .................................. 6,508 81,220 Pinnacle West Capital Corp. ........................... 1,546 41,062 PPL Corp. ............................................. 5,620 161,350 Progress Energy, Inc. ................................. 3,060 110,956 The Southern Co. ...................................... 12,263 375,493 Unitil Corp. (b)....................................... 2,458 49,357 ------------ 2,827,485 ------------ ELECTRICAL EQUIPMENT -- 0.7% Capstone Turbine Corp. (a)(b).......................... 8,173 5,885 Cooper Industries, Ltd. (Class A)...................... 3,613 93,432 Emerson Electric Co. .................................. 11,785 336,815 Energy Conversion Devices, Inc. (a)(b)................. 946 12,553 First Solar, Inc. (a)(b)............................... 665 88,245 General Cable Corp. (a)(b)............................. 1,433 28,402 GrafTech International, Ltd. (a)....................... 2,666 16,423 Hubbell, Inc. (Class B)................................ 2,184 58,881 PowerSecure International, Inc. (a)(b)................. 3,117 10,660 Rockwell Automation, Inc. ............................. 2,783 60,781 Roper Industries, Inc. (b)............................. 2,349 99,715 SunPower Corp. (Class A) (a)(b)........................ 1,511 35,932 ------------ 847,724 ------------ ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS -- 0.6% Agilent Technologies, Inc. (a)......................... 6,197 95,248 Amphenol Corp. (Class A)............................... 3,696 105,299 Arrow Electronics, Inc. (a)............................ 3,554 67,739 Avnet, Inc. (a)........................................ 4,088 71,581 Benchmark Electronics, Inc. (a)........................ 3,007 33,678 Dolby Laboratories, Inc. (Class A) (a)(b).............. 1,079 36,805 FLIR Systems, Inc. (a)................................. 2,084 42,680 Itron, Inc. (a)(b)..................................... 673 31,867 Jabil Circuit, Inc. ................................... 4,017 22,334 L-1 Identity Solutions, Inc. (a)(b).................... 2,269 11,595 Lightpath Technologies, Inc. (a)(b).................... 7,980 4,549 Molex, Inc. (b)........................................ 3,815 52,418 National Instruments Corp. (b)......................... 1,498 27,938 Sanmina-SCI Corp. (a).................................. 14,590 4,450 Tech Data Corp. (a).................................... 2,698 58,762 Trimble Navigation, Ltd. (a)........................... 3,747 57,254 Tyco Electronics, Ltd. ................................ 6,610 72,974 Vishay Intertechnology, Inc. (a)(b).................... 5,700 19,836 ------------ 817,007 ------------ ENERGY EQUIPMENT & SERVICES -- 1.6% Baker Hughes, Inc. .................................... 5,096 145,491 BJ Services Co. ....................................... 5,561 55,332 Cameron International Corp. (a)........................ 3,379 74,101 Diamond Offshore Drilling, Inc. (b).................... 781 49,094 ENSCO International, Inc. ............................. 3,262 86,117 Exterran Holdings, Inc. (a)(b)......................... 1,824 29,220 FMC Technologies, Inc. (a)(b).......................... 2,055 64,465 Halliburton Co. ....................................... 14,041 217,214 Helmerich & Payne, Inc. (b)............................ 1,787 40,690 Nabors Industries, Ltd. (a)(b)......................... 5,321 53,157 National-Oilwell Varco, Inc. (a)....................... 6,683 191,869 Noble Corp. (b)........................................ 583 14,044 Omni Energy Services Corp. (a)......................... 7,782 10,194 Patterson-UTI Energy, Inc. (b)......................... 4,181 37,462 Pride International, Inc. (a).......................... 2,962 53,257 Rowan Cos., Inc. ...................................... 3,493 41,811 Schlumberger, Ltd. .................................... 18,559 753,867 Smith International, Inc. ............................. 3,085 66,266 Superior Energy Services, Inc. (a)..................... 3,540 45,631 TGC Industries, Inc. (a)............................... 5,288 11,581 Tidewater, Inc. (b).................................... 1,115 41,400 ------------ 2,082,263 ------------ FOOD & STAPLES RETAILING -- 3.0% Costco Wholesale Corp. ................................ 6,988 323,684 CVS Caremark Corp. .................................... 22,749 625,370 Safeway, Inc. ......................................... 7,242 146,216 SUPERVALU, Inc. ....................................... 4,097 58,505 Sysco Corp. ........................................... 9,842 224,398 The Kroger Co. (b)..................................... 9,046 191,956 Wal-Mart Stores, Inc. ................................. 36,226 1,887,375 Walgreen Co. .......................................... 14,189 368,346 Whole Foods Market, Inc. (b)........................... 2,267 38,086 ------------ 3,863,936 ------------ FOOD PRODUCTS -- 1.8% Archer-Daniels-Midland Co. ............................ 9,156 254,354 Bunge, Ltd. (b)........................................ 2,248 127,349 Campbell Soup Co. ..................................... 5,031 137,648 ConAgra Foods, Inc. ................................... 9,076 153,112 Dean Foods Co. (a)..................................... 3,568 64,509 Del Monte Foods Co. ................................... 9,463 68,985 Flowers Foods, Inc. (b)................................ 3,302 77,531 General Mills, Inc. ................................... 5,520 275,338 H.J. Heinz Co. ........................................ 4,727 156,275 Kellogg Co. ........................................... 3,142 115,091 Kraft Foods, Inc. ..................................... 21,439 477,875 McCormick & Co., Inc. ................................. 1,752 51,807 Sanderson Farms, Inc. (b).............................. 182 6,834 Sara Lee Corp. ........................................ 12,967 104,773 Smithfield Foods, Inc. (a)(b).......................... 2,323 21,976 The Hershey Co. (b).................................... 2,749 95,528 The J.M. Smucker Co. .................................. 1,557 58,029 TreeHouse Foods, Inc. (a)(b)........................... 1,472 42,379 Tyson Foods, Inc. (Class A)............................ 5,871 55,129 ------------ 2,344,522 ------------ GAS UTILITIES -- 0.2% Chesapeake Utilities Corp. (b)......................... 3,743 114,087 Delta Natural Gas Co., Inc. ........................... 254 5,438 Energy West, Inc. ..................................... 504 4,123 Questar Corp. ......................................... 2,338 68,807 RGC Resources, Inc. ................................... 127 3,175 ------------ 195,630 ------------
4 SPDR DOW JONES TOTAL MARKET ETF (FORMERLY SPDR DJ WILSHIRE TOTAL MARKET ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ------------ HEALTH CARE EQUIPMENT & SUPPLIES -- 2.5% ABIOMED, Inc. (a)...................................... 1,841 $ 9,021 American Medical Systems Holdings, Inc. (a)............ 3,583 39,950 Angeion Corp. (a)...................................... 3,308 7,145 Baxter International, Inc. ............................ 9,558 489,561 Becton, Dickinson & Co. ............................... 3,842 258,336 Boston Scientific Corp. (a)............................ 21,664 172,229 Bovie Medical Corp. (a)(b)............................. 1,261 8,260 C.R. Bard, Inc. ....................................... 2,010 160,237 Covidien, Ltd. ........................................ 8,138 270,507 DENTSPLY International, Inc. (b)....................... 1,883 50,559 Edwards Lifesciences Corp. (a)......................... 1,586 96,159 ev3, Inc. (a)(b)....................................... 2,668 18,943 Gen-Probe, Inc. (a).................................... 942 42,936 Hologic, Inc. (a)...................................... 5,533 72,427 Hospira, Inc. (a)...................................... 3,365 103,844 Immucor, Inc. (a)...................................... 1,519 38,203 Intuitive Surgical, Inc. (a)........................... 529 50,445 Inverness Medical Innovations, Inc. (a)(b)............. 1,753 46,682 Kinetic Concepts, Inc. (a)(b).......................... 1,395 29,462 MAKO Surgical Corp. (a)................................ 626 4,814 Masimo Corp. (a)(b).................................... 1,229 35,616 Medtronic, Inc. ....................................... 17,589 518,348 NuVasive, Inc. (a)(b).................................. 897 28,148 ResMed, Inc. (a)....................................... 1,237 43,716 St. Jude Medical, Inc. (a)............................. 5,516 200,396 Stryker Corp. ......................................... 4,301 146,406 Thoratec Corp. (a)(b).................................. 1,087 27,925 Varian Medical Systems, Inc. (a)....................... 2,495 75,948 Vascular Solutions, Inc. (a)(b)........................ 1,134 6,940 Zimmer Holdings, Inc. (a).............................. 3,421 124,867 ------------ 3,178,030 ------------ HEALTH CARE PROVIDERS & SERVICES -- 2.2% Aetna, Inc. ........................................... 6,828 166,125 Almost Family, Inc. (a)(b)............................. 127 2,424 Amedisys, Inc. (a)(b).................................. 732 20,123 AmerisourceBergen Corp. ............................... 3,232 105,557 athenahealth, Inc. (a)(b).............................. 717 17,287 Cardinal Health, Inc. ................................. 5,959 187,589 CIGNA Corp. ........................................... 4,948 87,035 Community Health Systems, Inc. (a)(b).................. 1,024 15,708 Coventry Health Care, Inc. (a)......................... 2,934 37,966 DaVita, Inc. (a)....................................... 2,200 96,690 Express Scripts, Inc. (Class A) (a).................... 3,791 175,030 Health Management Associates, Inc. (Class A) (a)(b).... 4,522 11,667 Health Net, Inc. (a)................................... 2,944 42,629 HEALTHSOUTH Corp. (a)(b)............................... 3,042 27,013 Healthways, Inc. (a)................................... 391 3,429 Henry Schein, Inc. (a)................................. 2,604 104,186 Humana, Inc. (a)....................................... 3,073 80,144 Laboratory Corp. of America Holdings (a)............... 1,590 92,999 Lincare Holdings, Inc. (a)............................. 2,416 52,669 McKesson Corp. ........................................ 4,826 169,103 Medco Health Solutions, Inc. (a)....................... 7,984 330,059 Omnicare, Inc. (b)..................................... 2,535 62,082 Patterson Cos., Inc. (a)(b)............................ 2,538 47,867 PharMerica Corp. (a)(b)................................ 354 5,891 PSS World Medical, Inc. (a)(b)......................... 2,301 33,019 Psychiatric Solutions, Inc. (a)(b)..................... 1,603 25,215 Quest Diagnostics, Inc. ............................... 2,063 97,951 Tenet Healthcare Corp. (a)............................. 9,254 10,735 UnitedHealth Group, Inc. .............................. 18,486 386,912 VCA Antech, Inc. (a)(b)................................ 2,676 60,344 WellCare Health Plans, Inc. (a)........................ 344 3,870 WellPoint, Inc. (a).................................... 8,181 310,633 ------------ 2,869,951 ------------ HEALTH CARE TECHNOLOGY -- 0.1% HLTH Corp. (a)(b)...................................... 2,688 27,821 IMS Health, Inc. ...................................... 5,396 67,288 Phase Forward, Inc. (a)................................ 1,490 19,057 Transcend Services, Inc. (a)........................... 381 3,791 ------------ 117,957 ------------ HOTELS, RESTAURANTS & LEISURE -- 1.7% Bob Evans Farms, Inc. (b).............................. 4,424 99,186 Brinker International, Inc. ........................... 2,225 33,598 Carnival Corp. ........................................ 6,436 139,018 Darden Restaurants, Inc. (b)........................... 2,717 93,084 Gaylord Entertainment Co. (a)(b)....................... 579 4,823 International Game Technology.......................... 6,205 57,210 Interval Leisure Group, Inc. (a)....................... 870 4,611 Las Vegas Sands Corp. (a)(b)........................... 4,688 14,111 Marriott International, Inc. (Class A) (b)............. 5,946 97,277 McDonald's Corp. ...................................... 16,771 915,193 MGM Mirage, Inc. (a)(b)................................ 2,330 5,429 Orient-Express Hotels, Ltd. (Class A) (b).............. 426 1,747 Panera Bread Co. (Class A) (a)(b)...................... 698 39,018 Penn National Gaming, Inc. (a)......................... 2,023 48,855 Scientific Games Corp. (Class A) (a)(b)................ 3,082 37,323 Starbucks Corp. (a).................................... 11,281 125,332 Starwood Hotels & Resorts Worldwide, Inc. (b).......... 3,427 43,523 The Cheesecake Factory, Inc. (a)(b).................... 3,301 37,796 The Steak n Shake Co. (a)(b)........................... 4,077 30,863 Wendy's/Arby's Group, Inc. ............................ 9,063 45,587 Wyndham Worldwide Corp. ............................... 5,171 21,718 Wynn Resorts, Ltd. (a)(b).............................. 1,574 31,433 Yum! Brands, Inc. ..................................... 8,145 223,825 ------------ 2,150,560 ------------ HOUSEHOLD DURABLES -- 0.6% American Greetings Corp. (Class A) (b)................. 3,233 16,359 Bassett Furniture Industries, Inc. (b)................. 5,186 10,061 Centex Corp. .......................................... 3,614 27,105 D.R. Horton, Inc. (b).................................. 5,517 53,515 Fortune Brands, Inc. .................................. 2,316 56,858 Garmin, Ltd. (b)....................................... 2,133 45,241 Harman International Industries, Inc. (b).............. 1,702 23,028 KB HOME (b)............................................ 2,857 37,655 Leggett & Platt, Inc. (b).............................. 4,426 57,494 Lennar Corp. (Class A) (b)............................. 3,603 27,059 Mohawk Industries, Inc. (a)(b)......................... 781 23,328 National Presto Industries, Inc. (b)................... 692 42,219 Newell Rubbermaid, Inc. ............................... 6,057 38,644 NVR, Inc. (a)(b)....................................... 132 56,463
5 SPDR DOW JONES TOTAL MARKET ETF (FORMERLY SPDR DJ WILSHIRE TOTAL MARKET ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ------------ Pulte Homes, Inc. (b).................................. 4,552 $ 49,753 Ryland Group, Inc. (b)................................. 1,264 21,058 The Black & Decker Corp. .............................. 1,553 49,013 Toll Brothers, Inc. (a)(b)............................. 2,550 46,308 Whirlpool Corp. (b).................................... 1,397 41,337 ------------ 722,498 ------------ HOUSEHOLD PRODUCTS -- 2.4% Church & Dwight Co., Inc. ............................. 2,329 121,644 Colgate-Palmolive Co. ................................. 7,596 448,012 Energizer Holdings, Inc. (a)(b)........................ 1,324 65,789 Kimberly-Clark Corp. .................................. 6,165 284,268 Procter & Gamble Co. .................................. 44,723 2,106,006 The Clorox Co. ........................................ 2,068 106,461 ------------ 3,132,180 ------------ INDEPENDENT POWER PRODUCERS & ENERGY TRADERS -- 0.3% Calpine Corp. (a)(b)................................... 5,380 36,638 Constellation Energy Group, Inc. ...................... 3,130 64,666 Mirant Corp. (a)....................................... 3,878 44,209 NRG Energy, Inc. (a)................................... 5,385 94,776 Reliant Energy, Inc. (a)............................... 7,877 25,128 The AES Corp. (a)...................................... 11,315 65,740 ------------ 331,157 ------------ INDUSTRIAL CONGLOMERATES -- 1.7% 3M Co. ................................................ 9,663 480,444 General Electric Co. .................................. 160,345 1,621,088 McDermott International, Inc. (a)...................... 4,527 60,617 Textron, Inc. (b)...................................... 4,050 23,247 ------------ 2,185,396 ------------ INSURANCE -- 3.6% AFLAC, Inc. ........................................... 6,922 134,010 American International Group, Inc. (b)................. 33,210 33,210 American Physicians Service Group, Inc. ............... 1,844 35,349 AON Corp. ............................................. 4,037 164,790 Arthur J. Gallagher & Co. ............................. 1,630 27,710 Assurant, Inc. ........................................ 2,288 49,833 Berkshire Hathaway, Inc. (Class A) (a)................. 16 1,387,200 Chubb Corp. ........................................... 5,933 251,085 Cincinnati Financial Corp. (b)......................... 2,504 57,266 Crawford & Co. (Class B) (a)(b)........................ 504 3,387 Donegal Group, Inc. (Class A).......................... 2,141 32,907 Eastern Insurance Holdings, Inc. ...................... 1,007 7,824 Everest Re Group, Ltd. ................................ 1,034 73,207 Fidelity National Financial, Inc. (Class A)............ 4,156 81,084 Genworth Financial, Inc. (Class A)..................... 5,305 10,080 Hartford Financial Services Group, Inc. ............... 4,479 35,160 IPC Holdings, Ltd. .................................... 2,308 62,408 Lincoln National Corp. (b)............................. 4,167 27,877 Loews Corp. ........................................... 7,230 159,783 Marsh & McLennan Cos., Inc. ........................... 7,262 147,056 Max Capital Group, Ltd. (b)............................ 1,945 33,532 MBIA, Inc. (a)(b)...................................... 2,683 12,288 Mercer Insurance Group, Inc. .......................... 381 5,444 MetLife, Inc. ......................................... 7,043 160,369 NYMAGIC, Inc. (b)...................................... 1,741 21,240 Old Republic International Corp. ...................... 4,409 47,705 PartnerRe, Ltd. ....................................... 1,129 70,077 PMA Capital Corp. (Class A) (a)........................ 3,582 14,937 Principal Financial Group, Inc. (b).................... 4,371 35,755 ProAssurance Corp. (a)................................. 2,037 94,965 Prudential Financial, Inc. ............................ 6,335 120,492 Reinsurance Group of America, Inc. .................... 1,183 38,317 RenaissanceRe Holdings, Ltd. .......................... 1,273 62,937 Seabright Insurance Holdings (a)....................... 2,501 26,160 Selective Insurance Group, Inc. ....................... 3,943 47,947 The Allstate Corp. .................................... 8,886 170,167 The Hanover Insurance Group, Inc. ..................... 1,747 50,349 The Phoenix Cos., Inc. (b)............................. 7,069 8,271 The Progressive Corp. (a).............................. 9,882 132,814 The Travelers Cos., Inc. .............................. 9,855 400,507 Torchmark Corp. (b).................................... 1,319 34,597 Transatlantic Holdings, Inc. .......................... 968 34,529 Unico American Corp. (a) (d)........................... 4,826 36,195 Unum Group............................................. 6,749 84,363 WR Berkley Corp. ...................................... 2,211 49,858 XL Capital, Ltd. (Class A)............................. 1,999 10,915 ------------ 4,585,956 ------------ INTERNET & CATALOG RETAIL -- 0.4% Amazon.com, Inc. (a)(b)................................ 4,637 340,541 Expedia, Inc. (a)...................................... 4,342 39,425 HSN, Inc. (a).......................................... 870 4,472 Liberty Media Holding Corp. -- Interactive (Series A) (a)(b).................................... 9,918 28,762 Netflix, Inc. (a)(b)................................... 614 26,353 Priceline.com, Inc. (a)(b)............................. 539 42,463 Ticketmaster (a)....................................... 870 3,210 ------------ 485,226 ------------ INTERNET SOFTWARE & SERVICES -- 1.5% Akamai Technologies, Inc. (a).......................... 3,378 65,533 Art Technology Group, Inc. (a)......................... 5,646 14,397 EarthLink, Inc. (a)(b)................................. 5,928 38,947 eBay, Inc. (a)......................................... 15,633 196,351 Equinix, Inc. (a)(b)................................... 632 35,487 Google, Inc. (Class A) (a)............................. 3,436 1,195,934 IAC/InterActiveCorp (a)................................ 2,169 33,034 Internap Network Services Corp. (a)(b)................. 4,548 12,234 Local.com Corp. (a)(b)................................. 4,864 11,576 Quepasa Corp. (a)(b)................................... 6,037 6,278 Terremark Worldwide, Inc. (a)(b)....................... 3,198 8,603 VeriSign, Inc. (a)(b).................................. 3,462 65,328 VistaPrint, Ltd. (a)(b)................................ 1,040 28,590 Websense, Inc. (a)..................................... 705 8,460 Yahoo!, Inc. (a)....................................... 17,896 229,248 ------------ 1,950,000 ------------ IT SERVICES -- 1.7% Accenture, Ltd. (Class A).............................. 7,875 216,484 Affiliated Computer Services, Inc. (Class A) (a)....... 2,318 111,009 Alliance Data Systems Corp. (a)(b)..................... 1,015 37,504 Automatic Data Processing, Inc. ....................... 8,302 291,898 Broadridge Financial Solutions, Inc. .................. 2,888 53,746 Cognizant Technology Solutions Corp. (Class A) (a)..... 5,228 108,690 Computer Sciences Corp. (a)............................ 3,094 113,983 Fidelity National Information Services, Inc. .......... 4,465 81,263 Fiserv, Inc. (a)....................................... 3,632 132,423 Lender Processing Services, Inc. ...................... 2,072 63,424 Mastercard, Inc. (Class A) (b)......................... 1,224 204,995
6 SPDR DOW JONES TOTAL MARKET ETF (FORMERLY SPDR DJ WILSHIRE TOTAL MARKET ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ------------ Metavante Technologies, Inc. (a)....................... 2,057 $ 41,058 Paychex, Inc. ......................................... 5,788 148,578 SAIC, Inc. (a)......................................... 2,387 44,565 The Western Union Co. ................................. 10,168 127,812 Total System Services, Inc. ........................... 3,252 44,910 Unisys Corp. (a)....................................... 9,578 5,076 Visa, Inc. (Class A) (b)............................... 6,435 357,786 ------------ 2,185,204 ------------ LEISURE EQUIPMENT & PRODUCTS -- 0.2% Brunswick Corp. (b).................................... 2,584 8,915 Eastman Kodak Co. (b).................................. 5,408 20,550 Hasbro, Inc. .......................................... 3,603 90,327 Mattel, Inc. .......................................... 8,115 93,566 Pool Corp. (b)......................................... 2,899 38,847 ------------ 252,205 ------------ LIFE SCIENCES TOOLS & SERVICES -- 0.7% Affymetrix, Inc. (a)(b)................................ 1,680 5,494 AMAG Pharmaceuticals, Inc. (a)......................... 309 11,362 Charles River Laboratories International, Inc. (a)(b).. 1,073 29,196 Covance, Inc. (a)(b)................................... 986 35,131 Illumina, Inc. (a)(b).................................. 2,034 75,746 Life Technologies Corp. (a)............................ 3,122 101,403 Medivation, Inc. (a)(b)................................ 1,446 26,418 Millipore Corp. (a)(b)................................. 1,400 80,374 Nektar Therapeutics (a)(b)............................. 1,173 6,322 PerkinElmer, Inc. ..................................... 3,714 47,428 Pharmaceutical Product Development, Inc. .............. 1,228 29,128 Pure Bioscience (a)(b)................................. 13,616 26,279 Sequenom, Inc. (a)(b).................................. 1,302 18,514 Techne Corp. .......................................... 1,542 84,363 Thermo Fisher Scientific, Inc. (a)..................... 7,022 250,475 Waters Corp. (a)....................................... 2,082 76,930 ------------ 904,563 ------------ MACHINERY -- 1.8% AGCO Corp. (a)......................................... 1,182 23,167 Bucyrus International, Inc. (Class A) (b).............. 1,338 20,311 Caterpillar, Inc. ..................................... 9,386 262,433 CLARCOR, Inc. (b)...................................... 1,088 27,407 Crane Co. ............................................. 2,112 35,651 Cummins, Inc. ......................................... 2,539 64,617 Danaher Corp. (b)...................................... 3,512 190,421 Deere & Co. ........................................... 6,394 210,171 Donaldson Co., Inc. (b)................................ 1,215 32,611 Dover Corp. ........................................... 2,768 73,020 Eaton Corp. ........................................... 2,639 97,273 Federal Signal Corp. .................................. 5,534 29,164 Flowserve Corp. ....................................... 801 44,952 Harsco Corp. .......................................... 2,173 48,175 IDEX Corp. ............................................ 3,900 85,293 Illinois Tool Works, Inc. ............................. 7,034 216,999 Ingersoll-Rand Co., Ltd. (Class A)..................... 6,312 87,106 John Bean Technologies Corp. .......................... 441 4,613 Joy Global, Inc. (b)................................... 2,124 45,241 Lincoln Electric Holdings, Inc. (b).................... 989 31,341 Mueller Water Products, Inc. (Class A)................. 4,504 14,863 Navistar International Corp. (a)....................... 1,126 37,676 Oshkosh Corp. (b)...................................... 2,199 14,821 PACCAR, Inc. (b)....................................... 5,103 131,453 Pall Corp. ............................................ 3,868 79,023 Parker-Hannifin Corp. ................................. 3,121 106,052 Pentair, Inc. ......................................... 2,552 55,302 SPX Corp. ............................................. 1,362 64,028 Terex Corp. (a)(b)..................................... 1,657 15,327 The Manitowoc Co., Inc. (b)............................ 2,371 7,753 The Timken Co. ........................................ 3,003 41,922 Watts Water Technologies, Inc. (b)..................... 2,534 49,565 ------------ 2,247,751 ------------ MEDIA -- 2.4% Ascent Media Corp. (Series A) (a)...................... 216 5,400 Cablevision Systems Corp. (Class A).................... 4,325 55,966 CBS Corp. (b).......................................... 10,615 40,762 Comcast Corp. (Class A)................................ 41,974 572,525 Discovery Communications, Inc. (Class A) (a)........... 4,816 77,152 DISH Network Corp. (Class A) (a)....................... 4,864 54,039 Gannett Co., Inc. (b).................................. 6,509 14,320 Journal Communications, Inc. .......................... 5,664 4,248 Knology, Inc. (a)(b)................................... 3,892 16,035 Lamar Advertising Co. (Class A) (a)(b)................. 1,945 18,964 Liberty Global, Inc. (a)(b)............................ 6,467 94,160 Liberty Media Corp. -- Entertainment (Series A) (a).... 7,941 158,423 Liberty Media Corp. -- Interactive (Class A) (a)....... 1,981 13,827 Live Nation, Inc. (a).................................. 1,087 2,902 News Corp. (Class A)................................... 34,297 227,046 Omnicom Group, Inc. (b)................................ 4,696 109,886 Scripps Networks Interactive (Class A) (b)............. 1,089 24,513 Sirius XM Radio, Inc. (a)(b)........................... 40,229 14,080 The DIRECTV Group, Inc. (a)(b)......................... 8,788 200,279 The Interpublic Group of Cos., Inc. (a)(b)............. 9,053 37,298 The McGraw-Hill Cos., Inc. ............................ 5,981 136,786 The New York Times Co. (Class A) (b)................... 1,801 8,141 The Walt Disney Co. ................................... 25,893 470,217 Time Warner Cable, Inc. ............................... 4,648 115,270 Time Warner, Inc. ..................................... 19,832 382,758 Viacom, Inc. (a)....................................... 8,163 141,873 Virgin Media, Inc. (b)................................. 4,758 22,838 ------------ 3,019,708 ------------ METALS & MINING -- 0.9% AK Steel Holding Corp. ................................ 2,327 16,568 Alcoa, Inc. ........................................... 13,231 97,116 Allegheny Technologies, Inc. (b)....................... 1,542 33,816 Cliffs Natural Resources, Inc. ........................ 1,764 32,034 Commercial Metals Co. (b).............................. 2,326 26,865 Freeport-McMoRan Copper & Gold, Inc. .................. 6,194 236,053 Newmont Mining Corp. .................................. 6,829 305,666 Nucor Corp. (b)........................................ 4,486 171,231 Reliance Steel & Aluminum Co. ......................... 819 21,564 Royal Gold, Inc. (b)................................... 1,126 52,652 Schnitzer Steel Industries, Inc. (Class A)............. 614 19,273 Southern Copper Corp. (b).............................. 3,198 55,709 Steel Dynamics, Inc. (b)............................... 3,138 27,646 Titanium Metals Corp. (b).............................. 1,955 10,694
7 SPDR DOW JONES TOTAL MARKET ETF (FORMERLY SPDR DJ WILSHIRE TOTAL MARKET ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ------------ United States Steel Corp. (b).......................... 2,166 $ 45,768 Worthington Industries, Inc. (b)....................... 884 7,700 ------------ 1,160,355 ------------ MULTI-UTILITIES -- 1.3% Ameren Corp. .......................................... 3,113 72,191 CMS Energy Corp. ...................................... 6,142 72,721 Consolidated Edison, Inc. ............................. 4,090 162,005 Dominion Resources, Inc. (b)........................... 9,378 290,624 DTE Energy Co. ........................................ 1,872 51,854 Florida Public Utilities Co. .......................... 626 6,116 NiSource, Inc. ........................................ 4,397 43,091 PG&E Corp. ............................................ 5,373 205,356 PNM Resources, Inc. (b)................................ 4,364 36,047 Public Service Enterprise Group, Inc. ................. 6,849 201,840 Sempra Energy.......................................... 3,602 166,557 TECO Energy, Inc. (b).................................. 6,487 72,330 Wisconsin Energy Corp. ................................ 1,542 63,484 Xcel Energy, Inc. ..................................... 8,556 159,398 ------------ 1,603,614 ------------ MULTILINE RETAIL -- 0.8% Big Lots, Inc. (a)..................................... 2,776 57,685 Dillard's, Inc. (Class A) (b).......................... 970 5,529 Dollar Tree Stores, Inc. (a)........................... 2,024 90,169 Family Dollar Stores, Inc. ............................ 2,607 86,996 J. C. Penney Co., Inc. (b)............................. 3,567 71,590 Kohl's Corp. (a)....................................... 4,522 191,371 Macy's, Inc. (b)....................................... 7,956 70,808 Nordstrom, Inc. (b).................................... 3,995 66,916 Sears Holdings Corp. (a)(b)............................ 1,300 59,423 Target Corp. .......................................... 10,428 358,619 ------------ 1,059,106 ------------ OFFICE ELECTRONICS -- 0.1% Xerox Corp. ........................................... 14,701 66,890 Zebra Technologies Corp. (Class A) (a)................. 2,308 43,898 ------------ 110,788 ------------ OIL, GAS & CONSUMABLE FUELS -- 10.7% Abraxas Petroleum Corp. (a)............................ 5,838 6,013 Adams Resources & Energy, Inc. ........................ 381 5,338 Alpha Natural Resources, Inc. (a)...................... 1,405 24,939 Anadarko Petroleum Corp. (b)........................... 7,477 290,780 Apache Corp. .......................................... 5,290 339,036 Approach Resources, Inc. (a)........................... 504 3,125 Arch Coal, Inc. ....................................... 3,118 41,688 Arena Resources, Inc. (a)(b)........................... 1,250 31,850 Barnwell Industries, Inc. ............................. 880 3,564 Blue Dolphin Energy Co. (a)............................ 15,370 6,148 BPZ Resources, Inc. (a)(b)............................. 1,261 4,666 Cabot Oil & Gas Corp. ................................. 1,024 24,136 Chesapeake Energy Corp. ............................... 8,706 148,524 Chevron Corp. ......................................... 30,747 2,067,428 Cimarex Energy Co. (b)................................. 921 16,928 Clayton Williams Energy, Inc. (a)(b)................... 127 3,713 Concho Resources, Inc. (a)............................. 1,662 42,531 ConocoPhillips......................................... 21,313 834,617 CONSOL Energy, Inc. ................................... 3,151 79,531 Contango Oil & Gas Co. (a)(b).......................... 254 9,957 CREDO Petroleum Corp. (a)(b)........................... 504 3,765 Cross Timbers Royalty Trust (b)........................ 2,444 44,359 Crosstex Energy LP..................................... 2,274 4,321 Delta Petroleum Corp. (a)(b)........................... 1,127 1,352 Denbury Resources, Inc. (a)............................ 5,660 84,108 Devon Energy Corp. .................................... 6,684 298,708 Double Eagle Petroleum Co. (a)(b)...................... 880 4,550 El Paso Corp. ......................................... 12,594 78,712 Encore Acquisition Co. (a)(b).......................... 1,398 32,531 Energy Transfer Partners LP............................ 2,072 76,436 Enterprise Products Partners LP (b).................... 5,248 116,768 EOG Resources, Inc. ................................... 4,004 219,259 EXCO Resources, Inc. (a)............................... 3,276 32,760 Exxon Mobil Corp. ..................................... 74,897 5,100,486 Forest Oil Corp. (a)(b)................................ 1,907 25,077 Foundation Coal Holdings, Inc. (b)..................... 1,331 19,100 Frontier Oil Corp. .................................... 2,272 29,059 Gasco Energy, Inc. (a)(b).............................. 9,927 3,871 Genesis Energy LP...................................... 2,842 29,074 Global Energy Holdings Group (a)....................... 8,699 957 GMX Resources, Inc. (a)(b)............................. 254 1,651 Goodrich Petroleum Corp. (a)(b)........................ 819 15,856 Hess Corp. ............................................ 4,400 238,480 Hiland Partners LP..................................... 504 3,987 Holly Corp. (b)........................................ 1,190 25,228 Holly Energy Partners LP (b)........................... 504 11,703 Houston American Energy Corp. (b)...................... 7,982 14,846 Hugoton Royalty Trust (b).............................. 360 3,442 Kinder Morgan Energy Partners LP (b)................... 2,928 136,796 Linn Energy LLC........................................ 3,490 52,001 Marathon Oil Corp. .................................... 11,272 296,341 Massey Energy Co. (b).................................. 2,235 22,618 Murphy Oil Corp. ...................................... 3,073 137,578 Newfield Exploration Co. (a)(b)........................ 2,070 46,989 Noble Energy, Inc. .................................... 3,192 171,985 Occidental Petroleum Corp. ............................ 12,498 695,514 ONEOK Partners LP...................................... 2,043 83,048 Panhandle Oil & Gas, Inc. (b).......................... 381 6,523 Patriot Coal Corp. (a)(b).............................. 737 2,734 Peabody Energy Corp. .................................. 4,213 105,493 Petrohawk Energy Corp. (a)............................. 3,946 75,882 Pioneer Natural Resources Co. (b)...................... 2,911 47,944 Plains All American Pipeline LP (b).................... 2,699 99,215 Plains Exploration & Production Co. (a)................ 2,657 45,780 PrimeEnergy Corp. (a)(b)............................... 127 6,337 Range Resources Corp. ................................. 3,010 123,892 Rex Energy Corp. (a)(b)................................ 1,134 3,255 Southwestern Energy Co. (a)(b)......................... 5,599 166,234 Spectra Energy Corp. .................................. 9,430 133,340 St. Mary Land & Exploration Co. ....................... 3,073 40,656 Sunoco, Inc. (b)....................................... 2,229 59,024 Tesoro Corp. (b)....................................... 3,115 41,959 The Williams Cos., Inc. ............................... 9,642 109,726 Toreador Resources Corp. (b)........................... 1,007 2,527 TransMontaigne Partners LP (b)......................... 626 10,498 Ultra Petroleum Corp. (a).............................. 1,916 68,765 Valero Energy Corp. ................................... 8,441 151,094 Walter Industries, Inc. ............................... 1,188 27,169 XTO Energy, Inc. ...................................... 8,447 258,647 Zion Oil & Gas, Inc. (a)(b)............................ 1,261 14,880 ------------ 13,749,402 ------------ PAPER & FOREST PRODUCTS -- 0.2% International Paper Co. (b)............................ 7,864 55,362 MeadWestvaco Corp. .................................... 5,131 61,521 Weyerhaeuser Co. (b)................................... 3,254 89,713 ------------ 206,596 ------------
8 SPDR DOW JONES TOTAL MARKET ETF (FORMERLY SPDR DJ WILSHIRE TOTAL MARKET ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ------------ PERSONAL PRODUCTS -- 0.2% Avon Products, Inc. ................................... 7,262 $ 139,648 Herbalife, Ltd. ....................................... 1,433 21,467 The Estee Lauder Cos., Inc. (Class A) (b).............. 2,826 69,661 ------------ 230,776 ------------ PHARMACEUTICALS -- 6.9% Abbott Laboratories.................................... 23,518 1,121,809 Allergan, Inc. ........................................ 4,661 222,609 Auxilium Pharmaceuticals, Inc. (a)(b).................. 933 25,863 Bristol-Myers Squibb Co. .............................. 28,517 625,093 Eli Lilly & Co. ....................................... 14,053 469,511 Endo Pharmaceuticals Holdings, Inc. (a)(b)............. 2,023 35,767 Forest Laboratories, Inc. (a).......................... 5,341 117,288 Johnson & Johnson...................................... 42,086 2,213,723 King Pharmaceuticals, Inc. (a)......................... 3,983 28,160 Merck & Co., Inc. ..................................... 32,169 860,521 Middlebrook Pharmaceuticals, Inc. (a)(b)............... 9,923 13,495 Mylan, Inc. (a)(b)..................................... 5,926 79,468 Perrigo Co. (b)........................................ 1,694 42,062 Pfizer, Inc. .......................................... 100,833 1,373,345 Questcor Pharmaceuticals, Inc. (a)..................... 1,385 6,814 Repros Therapeutics, Inc. (a)(b)....................... 3,505 20,820 Schering-Plough Corp. ................................. 24,388 574,337 Sepracor, Inc. (a)..................................... 2,198 32,223 Spectrum Pharmaceuticals, Inc. (a)(b).................. 3,201 5,602 ViroPharma, Inc. (a)(b)................................ 2,047 10,747 VIVUS, Inc. (a)(b)..................................... 4,023 17,379 Watson Pharmaceuticals, Inc. (a)....................... 2,676 83,250 Wyeth.................................................. 20,525 883,396 ------------ 8,863,282 ------------ PROFESSIONAL SERVICES -- 0.3% Equifax, Inc. ......................................... 3,186 77,898 IHS, Inc. (Class A) (a)................................ 948 39,039 Manpower, Inc. ........................................ 1,437 45,308 Monster Worldwide, Inc. (a)(b)......................... 3,315 27,017 Robert Half International, Inc. (b).................... 4,302 76,705 The Dun & Bradstreet Corp. ............................ 1,465 112,805 ------------ 378,772 ------------ REAL ESTATE INVESTMENT TRUSTS -- 1.5% Agree Realty Corp. .................................... 3,843 60,297 AMB Property Corp. .................................... 1,275 18,360 American Campus Communities, Inc. (b).................. 1,821 31,613 Annaly Capital Management, Inc. ....................... 9,358 129,795 Anthracite Capital, Inc. (b)........................... 9,730 3,308 Apartment Investment & Management Co. (Class A) (b).... 2,928 16,045 Ashford Hospitality Trust, Inc. (b).................... 8,573 13,202 Avalonbay Communities, Inc. (b)........................ 1,101 51,813 BioMed Realty Trust, Inc. (b).......................... 2,768 18,739 Boston Properties, Inc. ............................... 1,351 47,326 BRE Properties, Inc. (b)............................... 1,133 22,241 Care Investment Trust, Inc. (b)........................ 3,061 16,713 CBL & Associates Properties, Inc. (b).................. 1,165 2,749 Cedar Shopping Centers, Inc. .......................... 2,613 4,547 Cogdell Spencer, Inc. (b).............................. 1,807 9,216 Corporate Office Properties Trust (b).................. 2,471 61,355 Developers Diversified Realty Corp. (b)................ 2,236 4,763 Digital Realty Trust, Inc. (b)......................... 1,156 38,356 Duke Realty Corp. (b).................................. 2,997 16,483 Equity Residential (b)................................. 4,863 89,236 Extra Space Storage, Inc. ............................. 2,238 12,331 General Growth Properties, Inc. (b).................... 5,762 4,091 Glimcher Realty Trust (b).............................. 4,608 6,451 HCP, Inc. ............................................. 3,573 63,778 Health Care REIT, Inc. ................................ 1,228 37,565 Home Properties, Inc. (b).............................. 790 24,213 Hospitality Properties Trust (b)....................... 2,439 29,268 Host Hotels & Resorts, Inc. (b)........................ 10,754 42,156 Investors Real Estate Trust (b)........................ 10,724 105,739 Kimco Realty Corp. (b)................................. 2,999 22,852 LaSalle Hotel Properties (b)........................... 3,595 20,995 Lexington Realty Trust (b)............................. 2,055 4,891 Liberty Property Trust................................. 1,637 31,005 Monmouth Real Estate Investment Corp. (b).............. 6,524 43,124 National Retail Properties, Inc. (b)................... 4,625 73,260 Nationwide Health Properties, Inc. .................... 1,458 32,353 Pennsylvania Real Estate Investment Trust (b).......... 3,071 10,902 Pittsburgh & West Virginia Railroad (b)................ 2,816 30,244 Plum Creek Timber Co., Inc. (b)........................ 3,511 102,065 Post Properties, Inc. (b).............................. 579 5,871 ProLogis (b)........................................... 4,486 29,159 Public Storage......................................... 1,471 81,273 Realty Income Corp. (b)................................ 2,238 42,119 Senior Housing Properties Trust........................ 1,957 27,437 Simon Property Group, Inc. (b)......................... 3,560 123,318 Tanger Factory Outlet Centers, Inc. (b)................ 2,153 66,442 The Macerich Co. (b)................................... 1,501 9,396 Transcontinental Realty Investors, Inc. (a)............ 864 9,513 UDR, Inc. (b).......................................... 2,465 21,224 Urstadt Biddle Properties (Class A).................... 5,898 79,151 Ventas, Inc. (b)....................................... 2,181 49,312 Vornado Realty Trust (b)............................... 1,948 64,751 Weingarten Realty Investors (b)........................ 1,753 16,689 ------------ 1,979,095 ------------ REAL ESTATE MANAGEMENT & DEVELOPMENT -- 0.1% Brookfield Properties Corp. ........................... 2,449 14,057 CB Richard Ellis Group, Inc. (Class A) (a)(b).......... 5,970 24,059 CKX Lands, Inc. ....................................... 1,328 15,591 Forestar Real Estate Group, Inc. (a)(b)................ 829 6,342 Jones Lang LaSalle, Inc. (b)........................... 1,005 23,376 The St. Joe Co. (a)(b)................................. 1,440 24,106 ------------ 107,531 ------------ ROAD & RAIL -- 0.9% Burlington Northern Santa Fe Corp. .................... 4,726 284,269 CSX Corp. ............................................. 6,819 176,271 J.B. Hunt Transport Services, Inc. .................... 4,300 103,673 Kansas City Southern (a)............................... 1,892 24,047 Landstar Systems, Inc. (b)............................. 2,591 86,721 Norfolk Southern Corp. (b)............................. 6,511 219,746 Union Pacific Corp. ................................... 7,297 299,980 YRC Worldwide, Inc. (a)(b)............................. 1,752 7,867 ------------ 1,202,574 ------------
9 SPDR DOW JONES TOTAL MARKET ETF (FORMERLY SPDR DJ WILSHIRE TOTAL MARKET ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ------------ SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT -- 2.6% Advanced Micro Devices, Inc. (a)(b).................... 8,686 $ 26,492 Aetrium, Inc. (a)...................................... 7,592 11,160 Altera Corp. (b)....................................... 5,097 89,452 Anadigics, Inc. (a).................................... 2,536 5,250 Analog Devices, Inc. .................................. 5,459 105,195 Applied Materials, Inc. ............................... 22,099 237,564 Atheros Communications, Inc. (a)(b).................... 2,143 31,416 AXT, Inc. (a).......................................... 8,370 7,115 Broadcom Corp. (Class A) (a)........................... 7,552 150,889 Cypress Semiconductor Corp. (a)(b)..................... 2,620 17,737 FEI Co. (a)............................................ 2,130 32,866 Intel Corp. ........................................... 83,767 1,260,693 International Rectifier Corp. (a)...................... 1,798 24,291 Intersil Corp. (Class A)............................... 4,738 54,487 KLA-Tencor Corp. (b)................................... 3,396 67,920 Lam Research Corp. (a)(b).............................. 3,200 72,864 Linear Technology Corp. (b)............................ 4,772 109,661 LSI Logic Corp. (a).................................... 10,080 30,643 Marvell Technology Group, Ltd. (a)..................... 7,132 65,329 Maxim Integrated Products, Inc. ....................... 2,661 35,152 MEMC Electronic Materials, Inc. (a).................... 4,309 71,055 Microchip Technology, Inc. (b)......................... 3,946 83,616 Micron Technology, Inc. (a)(b)......................... 12,265 49,796 Microsemi Corp. (a).................................... 2,506 29,070 MKS Instruments, Inc. (a).............................. 315 4,621 National Semiconductor Corp. .......................... 6,376 65,482 Novellus Systems, Inc. (a)............................. 3,645 60,616 NVIDIA Corp. (a)....................................... 9,929 97,900 ON Semiconductor Corp. (a)(b).......................... 4,655 18,155 Rambus, Inc. (a)(b).................................... 1,926 18,220 Sigma Designs, Inc. (a)(b)............................. 530 6,593 Teradyne, Inc. (a)..................................... 5,261 23,043 Texas Instruments, Inc. ............................... 19,789 326,716 Xilinx, Inc. (b)....................................... 4,328 82,925 ------------ 3,373,984 ------------ SOFTWARE -- 4.0% Activision Blizzard, Inc. (a).......................... 9,851 103,041 Adobe Systems, Inc. (a)................................ 8,823 188,724 Autodesk, Inc. (a)..................................... 4,165 70,014 BMC Software, Inc. (a)................................. 3,757 123,981 CA, Inc. .............................................. 7,229 127,303 Cadence Design Systems, Inc. (a)....................... 7,413 31,135 Citrix Systems, Inc. (a)............................... 3,617 81,889 Compuware Corp. (a).................................... 8,334 54,921 Concur Technologies, Inc. (a)(b)....................... 1,126 21,608 Electronic Arts, Inc. (a).............................. 4,647 84,529 Intuit, Inc. (a)(b).................................... 5,553 149,931 Jack Henry & Associates, Inc. ......................... 2,197 35,855 McAfee, Inc. (a)....................................... 2,855 95,642 Microsoft Corp. ....................................... 118,461 2,176,129 Novell, Inc. (a)....................................... 10,954 46,664 Nuance Communications, Inc. (a)(b)..................... 3,720 40,399 Oracle Corp. (a)....................................... 59,705 1,078,869 Parametric Technology Corp. (a)........................ 5,002 49,920 Red Hat, Inc. (a)...................................... 3,849 68,666 Salesforce.com, Inc. (a)(b)............................ 1,491 48,800 Smith Micro Software, Inc. (a)......................... 1,960 10,251 Soapstone Networks, Inc. (a)........................... 3,702 13,253 Solera Holdings, Inc. (a).............................. 1,740 43,117 Symantec Corp. (a)..................................... 14,085 210,430 Synopsys, Inc. (a)..................................... 4,116 85,325 TiVo, Inc. (a)......................................... 3,071 21,620 Versant Corp. (a)...................................... 2,491 42,820 ------------ 5,104,836 ------------ SPECIALTY RETAIL -- 2.3% Abercrombie & Fitch Co. (Class A)...................... 1,809 43,054 Advance Auto Parts, Inc. .............................. 2,416 99,249 Aeropostale, Inc. (a)(b)............................... 819 21,753 American Eagle Outfitters, Inc. ....................... 4,251 52,032 AutoNation, Inc. (a)................................... 4,484 62,238 AutoZone, Inc. (a)(b).................................. 681 110,744 Bed Bath & Beyond, Inc. (a)(b)......................... 4,728 117,018 Best Buy Co., Inc. (b)................................. 5,314 201,719 Chico's FAS, Inc. (a)(b)............................... 3,331 17,887 Dick's Sporting Goods, Inc. (a)(b)..................... 1,667 23,788 Foot Locker, Inc. ..................................... 3,777 39,583 GameStop Corp. (Class A) (a)........................... 2,229 62,457 Genesco, Inc. (a)(b)................................... 382 7,193 Limited Brands, Inc. .................................. 5,898 51,313 Lowe's Cos., Inc. ..................................... 20,736 378,432 Mens Wearhouse, Inc. (b)............................... 781 11,824 O'Reilly Automotive, Inc. (a)(b)....................... 3,262 114,203 Office Depot, Inc. (a)................................. 5,973 7,825 PetSmart, Inc. ........................................ 3,511 73,591 RadioShack Corp. ...................................... 3,429 29,387 Rent-A-Center, Inc. (a)................................ 2,401 46,507 Ross Stores, Inc. ..................................... 3,073 110,259 Staples, Inc. ......................................... 11,313 204,878 The Gap, Inc. ......................................... 9,006 116,988 The Home Depot, Inc. .................................. 26,436 622,832 The Sherwin-Williams Co. (b)........................... 1,217 63,248 The TJX Cos., Inc. .................................... 6,137 157,353 Tiffany & Co. (b)...................................... 2,600 56,056 Urban Outfitters, Inc. (a)(b).......................... 2,757 45,132 Williams-Sonoma, Inc. (b).............................. 2,137 21,541 ------------ 2,970,084 ------------ TEXTILES, APPAREL & LUXURY GOODS -- 0.4% Carter's, Inc. (a)..................................... 1,527 28,723 Coach, Inc. (a)........................................ 5,733 95,741 Hanesbrands, Inc. (a)(b)............................... 2,131 20,394 Iconix Brand Group, Inc. (a)(b)........................ 698 6,177 Jones Apparel Group, Inc. ............................. 3,585 15,129 Liz Claiborne, Inc. ................................... 3,102 7,662 NIKE, Inc. (Class B)................................... 4,342 203,596 Quiksilver, Inc. (a)................................... 5,186 6,638 Under Armour, Inc. (Class A) (a)(b).................... 887 14,573 V. F. Corp. (b)........................................ 1,042 59,509 Wolverine World Wide, Inc. ............................ 3,529 54,982 ------------ 513,124 ------------ THRIFTS & MORTGAGE FINANCE -- 0.4% Astoria Financial Corp. ............................... 1,978 18,178 Berkshire Hills Bancorp, Inc. ......................... 2,604 59,684 Fannie Mae (b)......................................... 17,662 12,363 Freddie Mac (b)........................................ 12,511 9,508 Hudson City Bancorp, Inc. ............................. 4,815 56,287 MGIC Investment Corp. (b).............................. 2,082 2,957 New York Community Bancorp, Inc. (b)................... 4,169 46,568 NewAlliance Bancshares, Inc. .......................... 8,348 98,006 OceanFirst Financial Corp. (b)......................... 4,901 50,088 People's United Financial, Inc. ....................... 5,334 95,852 Radian Group, Inc. (b)................................. 2,454 4,466
10 SPDR DOW JONES TOTAL MARKET ETF (FORMERLY SPDR DJ WILSHIRE TOTAL MARKET ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ------------ TF Financial Corp. .................................... 254 $ 4,620 TrustCo Bank Corp. NY (b).............................. 9,000 54,180 ------------ 512,757 ------------ TOBACCO -- 1.4% Altria Group, Inc. .................................... 31,118 498,510 Lorillard, Inc. ....................................... 2,211 136,507 Philip Morris International, Inc. ..................... 30,580 1,088,036 Reynolds American, Inc. ............................... 3,141 112,574 ------------ 1,835,627 ------------ TRADING COMPANIES & DISTRIBUTORS -- 0.1% Fastenal Co. (b)....................................... 3,158 101,546 Kaman Corp. (Class A).................................. 2,749 34,472 W.W. Grainger, Inc. (b)................................ 633 44,424 Willis Lease Finance Corp. (a)......................... 504 5,332 ------------ 185,774 ------------ WATER UTILITIES -- 0.2% Aqua America, Inc. (b)................................. 1,752 35,040 Artesian Resources Corp. .............................. 504 7,066 Cadiz, Inc. (a)........................................ 878 7,007 Connecticut Water Service, Inc. ....................... 1,228 24,904 Middlesex Water Co. ................................... 6,030 86,832 Pennichuck Corp. ...................................... 254 5,194 Southwest Water Co. (b)................................ 2,525 10,858 The York Water Co. (b)................................. 2,826 34,929 ------------ 211,830 ------------ WIRELESS TELECOMMUNICATION SERVICES -- 0.6% American Tower Corp. (Class A) (a)..................... 6,668 202,907 Crown Castle International Corp. (a)................... 4,590 93,682 Leap Wireless International, Inc. (a)(b)............... 1,194 41,635 MetroPCS Communications, Inc. (a)(b)................... 3,540 60,463 NII Holdings, Inc. (a)................................. 2,940 44,100 Purple Communications, Inc. (a)(b)..................... 3,305 9,617 SBA Communications Corp. (Class A) (a)(b).............. 2,201 51,283 Sprint Nextel Corp. (a)................................ 40,096 143,143 Telephone & Data Systems, Inc. ........................ 2,278 60,390 ------------ 707,220 ------------ TOTAL COMMON STOCKS -- (Cost $175,768,152).................................. 127,689,762 ------------ SHORT TERM INVESTMENTS -- 5.6% MONEY MARKET FUNDS -- 5.6% State Street Navigator Securities Lending Prime Portfolio (e)(f)..................................... 6,167,077 6,167,077 STIC Prime Portfolio................................... 950,034 950,034 ------------ TOTAL SHORT TERM INVESTMENTS -- (Cost $7,117,111).................................... 7,117,111 ------------ TOTAL INVESTMENTS -- 105.3% (Cost $182,885,263)........ 134,806,873 OTHER ASSET AND LIABILITIES -- (5.3)%................................ (6,766,566) ------------ NET ASSETS -- 100.0%................................... $128,040,307 ============
(a) Non-income producing security. (b) Security, or portion thereof, was on loan at March 31, 2009. (c) Affiliated issuer. (See accompanying notes.) (d) Security is valued at fair value as determined in good faith by Trust's Pricing and Investment Committee in accordance with procedures approved by the Board of Trustees. (e) Investments of cash collateral for securities loaned. (f) Affiliated Fund managed by SSgA Funds Management, Inc. REIT = Real Estate Investment Trust 11 SPDR DOW JONES LARGE CAP ETF (FORMERLY SPDR DJ WILSHIRE LARGE CAP ETF) SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ----------- COMMON STOCKS -- 99.7% AEROSPACE & DEFENSE -- 2.4% Alliant Techsystems, Inc. (a)(b)....................... 106 $ 7,100 Boeing Co. (b)......................................... 2,088 74,291 General Dynamics Corp. ................................ 1,024 42,588 Goodrich Corp. ........................................ 395 14,967 Honeywell International, Inc. (b)...................... 2,114 58,896 ITT Corp. (b).......................................... 573 22,043 L-3 Communications Holdings, Inc. (b).................. 375 25,425 Lockheed Martin Corp. (b).............................. 1,019 70,342 Northrop Grumman Corp. ................................ 957 41,764 Precision Castparts Corp. (b).......................... 441 26,416 Raytheon Co. (b)....................................... 1,311 51,050 Rockwell Collins, Inc. (b)............................. 498 16,255 Spirit Aerosystems Holdings, Inc. (a)(b)............... 320 3,190 United Technologies Corp. ............................. 2,789 119,871 ----------- 574,198 ----------- AIR FREIGHT & LOGISTICS -- 0.8% C.H. Robinson Worldwide, Inc. (b)...................... 538 24,538 Expeditors International Washington, Inc. (b).......... 670 18,954 FedEx Corp. (b)........................................ 914 40,664 United Parcel Service, Inc. (Class B) (b).............. 2,058 101,295 ----------- 185,451 ----------- AIRLINES -- 0.1% AMR Corp. (a)(b)....................................... 865 2,759 Delta Air Lines, Inc. (a)(b)........................... 2,317 13,045 Southwest Airlines Co. (b)............................. 2,322 14,698 ----------- 30,502 ----------- AUTO COMPONENTS -- 0.1% BorgWarner, Inc. (b)................................... 359 7,288 Johnson Controls, Inc. (b)............................. 1,868 22,416 The Goodyear Tire & Rubber Co. (a)(b).................. 741 4,638 ----------- 34,342 ----------- AUTOMOBILES -- 0.1% Ford Motor Co. (a)(b).................................. 7,511 19,754 General Motors Corp. (b)............................... 1,667 3,234 Harley-Davidson, Inc. (b).............................. 747 10,002 ----------- 32,990 ----------- BEVERAGES -- 2.6% Brown-Forman Corp. (Class B) (b)....................... 285 11,067 Coca-Cola Enterprises, Inc. ........................... 993 13,098 Constellation Brands, Inc. (Class A) (a)(b)............ 606 7,211 Dr. Pepper Snapple Group, Inc. (a)(b).................. 802 13,562 Hansen Natural Corp. (a)(b)............................ 225 8,100 Molson Coors Brewing Co. (Class B) (b)................. 466 15,974 PepsiAmericas, Inc. (b)................................ 201 3,467 PepsiCo, Inc. ......................................... 4,964 255,547 The Coca-Cola Co. (b).................................. 6,749 296,619 The Pepsi Bottling Group, Inc. (b)..................... 439 9,719 ----------- 634,364 ----------- BIOTECHNOLOGY -- 2.2% Abraxis Bioscience, Inc. (a)(b)........................ 13 620 Alexion Pharmaceuticals, Inc. (a)(b)................... 246 9,264 Amgen, Inc. (a)........................................ 3,360 166,387 Amylin Pharmaceuticals, Inc. (a)(b).................... 432 5,076 Biogen Idec, Inc. (a).................................. 934 48,960 BioMarin Pharmaceutical, Inc. (a)(b)................... 303 3,742 Celgene Corp. (a)(b)................................... 1,454 64,557 Cephalon, Inc. (a)(b).................................. 218 14,846 Genzyme Corp. (a)...................................... 851 50,541 Gilead Sciences, Inc. (a).............................. 2,896 134,143 Myriad Genetics, Inc. (a).............................. 293 13,323 OSI Pharmaceuticals, Inc. (a)(b)....................... 180 6,887 Vertex Pharmaceuticals, Inc. (a)(b).................... 504 14,480 ----------- 532,826 ----------- BUILDING PRODUCTS -- 0.0% (d) Masco Corp. (b)........................................ 1,162 8,111 ----------- CAPITAL MARKETS -- 2.5% Affiliated Managers Group, Inc. (a)(b)................. 129 5,381 AllianceBernstein Holding LP (b)....................... 99 1,457 Ameriprise Financial, Inc. ............................ 698 14,302 BlackRock, Inc. (b).................................... 64 8,323 Eaton Vance Corp. (b).................................. 364 8,317 Federated Investors, Inc. (Class B) (b)................ 298 6,633 Franklin Resources, Inc. (b)........................... 502 27,043 Invesco, Ltd. (b)...................................... 1,228 17,020 Jefferies Group, Inc. (b).............................. 365 5,037 Lazard, Ltd. (Class A) (b)............................. 240 7,056 Legg Mason, Inc. (b)................................... 436 6,932 Morgan Stanley......................................... 3,126 71,179 Northern Trust Corp. (b)............................... 701 41,934 Och-Ziff Capital Management Group LLC (Class A) (b).... 133 807 Raymond James Financial, Inc. (b)...................... 308 6,068 SEI Investments Co. (b)................................ 439 5,360 State Street Corp. (b)(c).............................. 1,357 41,768 T. Rowe Price Group, Inc. (b).......................... 822 23,723 TD Ameritrade Holding Corp. (a)(b)..................... 763 10,537 The Bank of New York Mellon Corp. (b).................. 3,626 102,435 The Charles Schwab Corp. (b)........................... 2,960 45,880 The Goldman Sachs Group, Inc. (b)...................... 1,341 142,173 ----------- 599,365 ----------- CHEMICALS -- 2.1% Air Products & Chemicals, Inc. (b)..................... 621 34,931 Airgas, Inc. (b)....................................... 219 7,404 Albemarle Corp. (b).................................... 287 6,248 Celanese Corp. (b)..................................... 472 6,311 CF Industries Holdings, Inc. .......................... 181 12,875 E. I. du Pont de Nemours & Co. (b)..................... 2,827 63,127 Eastman Chemical Co. (b)............................... 228 6,110 Ecolab, Inc. .......................................... 558 19,379 FMC Corp. ............................................. 234 10,095 International Flavors & Fragrances, Inc. (b)........... 249 7,585 Intrepid Potash, Inc. (a).............................. 103 1,900 Lubrizol Corp. (b)..................................... 214 7,278 Monsanto Co. (b)....................................... 1,720 142,932 PPG Industries, Inc. (b)............................... 518 19,114 Praxair, Inc. (b)...................................... 985 66,281 Rohm & Haas Co. ....................................... 389 30,669 Sigma-Aldrich Corp. (b)................................ 337 12,735 Terra Industries, Inc. ................................ 321 9,017 Terra Nitrogen Co. LP.................................. 23 3,289 The Dow Chemical Co. (b)............................... 2,946 24,835
12 SPDR DOW JONES LARGE CAP ETF (FORMERLY SPDR DJ WILSHIRE LARGE CAP ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ----------- The Mosaic Co. (b)..................................... 468 $ 19,647 The Scotts Miracle-Gro Co. (Class A) (b)............... 139 4,823 ----------- 516,585 ----------- COMMERCIAL BANKS -- 1.7% BB&T Corp. (b)......................................... 1,749 29,593 BOK Financial Corp. (b)................................ 70 2,419 City National Corp. (b)................................ 131 4,424 Comerica, Inc. (b)..................................... 481 8,807 Commerce Bancshares, Inc. (b).......................... 193 7,006 Cullen/Frost Bankers, Inc. (b)......................... 177 8,308 Keycorp (b)............................................ 1,588 12,498 M&T Bank Corp. (b)..................................... 247 11,174 PNC Financial Services Group, Inc. (b)................. 1,346 39,424 Regions Financial Corp. (b)............................ 2,213 9,427 SunTrust Banks, Inc. (b)............................... 1,122 13,172 U.S. Bancorp (b)....................................... 5,504 80,414 Wells Fargo & Co. (b).................................. 12,767 181,802 ----------- 408,468 ----------- COMMERCIAL SERVICES & SUPPLIES -- 0.6% Avery Dennison Corp. (b)............................... 294 6,568 Cintas Corp. (b)....................................... 422 10,432 Copart, Inc. (a)(b).................................... 202 5,991 Corrections Corp. of America (a)....................... 396 5,073 Covanta Holding Corp. (a)(b)........................... 388 5,079 Iron Mountain, Inc. (a)(b)............................. 569 12,615 Pitney Bowes, Inc. (b)................................. 665 15,528 R.R. Donnelley & Sons Co. (b).......................... 658 4,823 Republic Services, Inc. (b)............................ 973 16,687 Stericycle, Inc. (a)(b)................................ 280 13,364 Waste Connections, Inc. (a)(b)......................... 250 6,425 Waste Management, Inc. (b)............................. 1,558 39,885 ----------- 142,470 ----------- COMMUNICATIONS EQUIPMENT -- 2.7% Cisco Systems, Inc. (a)................................ 18,663 312,978 Corning, Inc. ......................................... 4,998 66,323 EchoStar Corp. (Class A) (a)(b)........................ 130 1,928 Harris Corp. (b)....................................... 423 12,242 Juniper Networks, Inc. (a)(b).......................... 1,660 25,000 Motorola, Inc. (b)..................................... 6,672 28,223 QUALCOMM, Inc. (b)..................................... 5,208 202,643 ----------- 649,337 ----------- COMPUTERS & PERIPHERALS -- 4.8% Apple, Inc. (a)(b)..................................... 2,819 296,333 Dell, Inc. (a)(b)...................................... 5,425 51,429 EMC Corp. (a)(b)....................................... 6,514 74,260 Hewlett-Packard Co. ................................... 7,636 244,810 International Business Machines Corp. (b).............. 4,292 415,852 Lexmark International, Inc. (Class A) (a)(b)........... 269 4,538 NCR Corp. (a).......................................... 524 4,166 NetApp, Inc. (a)(b).................................... 1,035 15,359 SanDisk Corp. (a)(b)................................... 714 9,032 Seagate Technology (b)................................. 1,531 9,201 Sun Microsystems, Inc. (a)(b).......................... 2,322 16,997 Teradata Corp. (a)(b).................................. 566 9,181 Western Digital Corp. (a)(b)........................... 691 13,364 ----------- 1,164,522 ----------- CONSTRUCTION & ENGINEERING -- 0.3% Aecom Technology Corp. (a)(b).......................... 244 6,364 Fluor Corp. (b)........................................ 570 19,694 Jacobs Engineering Group, Inc. (a)(b).................. 387 14,961 KBR, Inc. (b).......................................... 520 7,181 Quanta Services, Inc. (a)(b)........................... 620 13,299 The Shaw Group, Inc. (a)............................... 286 7,839 URS Corp. (a)(b)....................................... 268 10,830 ----------- 80,168 ----------- CONSTRUCTION MATERIALS -- 0.1% Martin Marietta Materials, Inc. (b).................... 131 10,388 Vulcan Materials Co. (b)............................... 290 12,844 ----------- 23,232 ----------- CONSUMER FINANCE -- 0.3% American Express Co. (b)............................... 3,263 44,475 Capital One Financial Corp. (b)........................ 1,264 15,471 Discover Financial Services (b)........................ 1,492 9,415 SLM Corp. (a)(b)....................................... 1,476 7,306 ----------- 76,667 ----------- CONTAINERS & PACKAGING -- 0.3% Aptargroup, Inc. ...................................... 202 6,290 Ball Corp. (b)......................................... 297 12,890 Bemis Co., Inc. (b).................................... 324 6,794 Crown Holdings, Inc. (a)............................... 504 11,456 Owens-Illinois, Inc. (a)(b)............................ 539 7,783 Pactiv Corp. (a)....................................... 413 6,026 Sealed Air Corp. (b)................................... 503 6,941 Sonoco Products Co. (b)................................ 310 6,504 ----------- 64,684 ----------- DISTRIBUTORS -- 0.1% Genuine Parts Co. ..................................... 509 15,199 ----------- DIVERSIFIED CONSUMER SERVICES -- 0.4% Apollo Group, Inc. (a)(b).............................. 416 32,585 Career Education Corp. (a)............................. 282 6,757 DeVry, Inc. (b)........................................ 195 9,395 H&R Block, Inc. (b).................................... 1,064 19,354 ITT Educational Services, Inc. (a)(b).................. 125 15,178 Strayer Education, Inc. (b)............................ 44 7,914 Weight Watchers International, Inc. (b)................ 120 2,226 ----------- 93,409 ----------- DIVERSIFIED FINANCIAL SERVICES -- 2.5% Bank of America Corp. (b).............................. 20,335 138,685 Citigroup, Inc. (b).................................... 17,243 43,625 CME Group, Inc. (b).................................... 210 51,742 Intercontinental Exchange, Inc. (a)(b)................. 228 16,979 JPMorgan Chase & Co. (b)............................... 11,829 314,415 Leucadia National Corp. (a)(b)......................... 546 8,130 Moody's Corp. (b)...................................... 603 13,821 NYSE Euronext.......................................... 814 14,570 The Nasdaq OMX Group, Inc. (a)(b)...................... 500 9,790 ----------- 611,757 ----------- DIVERSIFIED TELECOMMUNICATION SERVICES -- 3.4% AT&T, Inc. ............................................ 18,817 474,188 CenturyTel, Inc. (b)................................... 322 9,055 Embarq Corp. .......................................... 452 17,108 Frontier Communications Corp. (b)...................... 991 7,115 Level 3 Communications, Inc. (a)(b).................... 4,987 4,588
13 SPDR DOW JONES LARGE CAP ETF (FORMERLY SPDR DJ WILSHIRE LARGE CAP ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ----------- Qwest Communications International, Inc. (b)........... 4,502 $ 15,397 Verizon Communications, Inc. .......................... 9,069 273,884 Windstream Corp. (b)................................... 1,398 11,268 ----------- 812,603 ----------- ELECTRIC UTILITIES -- 2.3% Allegheny Energy, Inc. (b)............................. 534 12,373 American Electric Power Co., Inc. (b).................. 1,286 32,484 DPL, Inc. (b).......................................... 359 8,092 Duke Energy Corp. (b).................................. 3,944 56,478 Edison International................................... 946 27,254 Entergy Corp. (b)...................................... 595 40,514 Exelon Corp. (b)....................................... 2,103 95,455 FirstEnergy Corp. (b).................................. 958 36,979 FPL Group, Inc. (b).................................... 1,182 59,963 ITC Holdings Corp. .................................... 155 6,761 Northeast Utilities (b)................................ 488 10,536 NV Energy, Inc. ....................................... 735 6,902 Pepco Holdings, Inc. (b)............................... 680 8,486 Pinnacle West Capital Corp. (b)........................ 317 8,419 PPL Corp. (b).......................................... 1,171 33,619 Progress Energy, Inc. (b).............................. 833 30,205 The Southern Co. (b)................................... 2,482 75,999 Westar Energy, Inc. ................................... 340 5,960 ----------- 556,479 ----------- ELECTRICAL EQUIPMENT -- 0.6% AMETEK, Inc. (b)....................................... 331 10,350 Cooper Industries, Ltd. (Class A)...................... 547 14,145 Emerson Electric Co. .................................. 2,412 68,935 First Solar, Inc. (a)(b)............................... 143 18,976 Hubbell, Inc. (Class B) (b)............................ 169 4,556 Rockwell Automation, Inc. (b).......................... 409 8,933 Roper Industries, Inc. (b)............................. 280 11,886 SunPower Corp. (Class A) (a)(b)........................ 270 6,421 ----------- 144,202 ----------- ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS -- 0.4% Agilent Technologies, Inc. (a)(b)...................... 1,131 17,384 Amphenol Corp. (Class A) (b)........................... 553 15,755 Arrow Electronics, Inc. (a)(b)......................... 381 7,262 Avnet, Inc. (a)(b)..................................... 465 8,142 Dolby Laboratories, Inc. (a)(b)........................ 167 5,696 FLIR Systems, Inc. (a)(b).............................. 448 9,175 Ingram Micro, Inc. (Class A) (a)(b).................... 449 5,675 Itron, Inc. (a)(b)..................................... 104 4,925 Mettler-Toledo International, Inc. (a)(b).............. 104 5,338 Molex, Inc. (b)........................................ 420 5,771 Trimble Navigation, Ltd. (a)(b)........................ 404 6,173 Tyco Electronics, Ltd. (b)............................. 1,481 16,350 ----------- 107,646 ----------- ENERGY EQUIPMENT & SERVICES -- 1.6% Baker Hughes, Inc. (b)................................. 969 27,665 BJ Services Co. (b).................................... 931 9,263 Cameron International Corp. (a)(b)..................... 687 15,066 Diamond Offshore Drilling, Inc. (b).................... 208 13,075 ENSCO International, Inc. (b).......................... 456 12,038 Exterran Holdings, Inc. (a)(b)......................... 204 3,268 FMC Technologies, Inc. (a)(b).......................... 405 12,705 Halliburton Co. (b).................................... 2,810 43,471 Helmerich & Payne, Inc. (b)............................ 295 6,717 Nabors Industries, Ltd. (a)(b)......................... 899 8,981 National-Oilwell Varco, Inc. (a)(b).................... 1,294 37,151 Patterson-UTI Energy, Inc. (b)......................... 489 4,381 Pride International, Inc. (a)(b)....................... 541 9,727 Rowan Cos., Inc. (b)................................... 345 4,130 Schlumberger, Ltd. (b)................................. 3,785 153,747 Smith International, Inc. (b).......................... 686 14,735 Tidewater, Inc. (b).................................... 162 6,015 ----------- 382,135 ----------- FOOD & STAPLES RETAILING -- 3.3% Costco Wholesale Corp. ................................ 1,357 62,856 CVS Caremark Corp. .................................... 4,552 125,135 Safeway, Inc. (b)...................................... 1,347 27,196 SUPERVALU, Inc. (b).................................... 668 9,539 Sysco Corp. (b)........................................ 1,853 42,248 The Kroger Co. (b)..................................... 1,932 40,997 Wal-Mart Stores, Inc. ................................. 7,729 402,681 Walgreen Co. .......................................... 3,160 82,034 Whole Foods Market, Inc. (b)........................... 438 7,358 ----------- 800,044 ----------- FOOD PRODUCTS -- 1.8% Archer-Daniels-Midland Co. (b)......................... 1,847 51,310 Bunge, Ltd. (b)........................................ 379 21,470 Campbell Soup Co. (b).................................. 703 19,234 ConAgra Foods, Inc. ................................... 1,431 24,141 Dean Foods Co. (a)..................................... 481 8,696 Flowers Foods, Inc. (b)................................ 269 6,316 General Mills, Inc. (b)................................ 974 48,583 H.J. Heinz Co. (b)..................................... 985 32,564 Hormel Foods Corp. (b)................................. 231 7,325 Kellogg Co. (b)........................................ 753 27,582 Kraft Foods, Inc. (b).................................. 4,280 95,401 McCormick & Co., Inc. (b).............................. 363 10,734 Ralcorp Holdings, Inc. (a)............................. 178 9,591 Sara Lee Corp. (b)..................................... 2,068 16,709 Smithfield Foods, Inc. (a)(b).......................... 423 4,002 The Hershey Co. (b).................................... 510 17,723 The J.M. Smucker Co. (b)............................... 371 13,827 Tyson Foods, Inc. (Class A) (b)........................ 917 8,611 ----------- 423,819 ----------- GAS UTILITIES -- 0.3% AGL Resources, Inc. ................................... 241 6,394 Atmos Energy Corp. (b)................................. 288 6,659 Energen Corp. (b)...................................... 203 5,913 EQT CORP (b)........................................... 412 12,908 National Fuel Gas Co. (b).............................. 216 6,625 ONEOK, Inc. (b)........................................ 312 7,061 Piedmont Natural Gas Co., Inc. ........................ 217 5,618 Questar Corp. ......................................... 545 16,039 UGI Corp. (b).......................................... 338 7,980 ----------- 75,197 ----------- HEALTH CARE EQUIPMENT & SUPPLIES -- 2.5% Baxter International, Inc. ............................ 1,956 100,186 Beckman Coulter, Inc. (b).............................. 192 9,794 Becton, Dickinson & Co. (b)............................ 712 47,875 Boston Scientific Corp. (a)(b)......................... 4,660 37,047 C.R. Bard, Inc. (b).................................... 313 24,952 Covidien, Ltd. ........................................ 1,585 52,685
14 SPDR DOW JONES LARGE CAP ETF (FORMERLY SPDR DJ WILSHIRE LARGE CAP ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ----------- DENTSPLY International, Inc. (b)....................... 437 $ 11,733 Edwards Lifesciences Corp. (a)(b)...................... 177 10,732 Gen-Probe, Inc. (a).................................... 169 7,703 Hologic, Inc. (a)(b)................................... 797 10,433 Hospira, Inc. (a)(b)................................... 503 15,523 IDEXX Laboratories, Inc. (a)(b)........................ 189 6,536 Immucor, Inc. (a)(b)................................... 220 5,533 Intuitive Surgical, Inc. (a)(b)........................ 127 12,111 Inverness Medical Innovations, Inc. (a)(b)............. 243 6,471 Kinetic Concepts, Inc. (a)(b).......................... 162 3,421 Medtronic, Inc. (b).................................... 3,576 105,385 ResMed, Inc. (a)....................................... 238 8,411 St. Jude Medical, Inc. (a)(b).......................... 1,082 39,309 Stryker Corp. ......................................... 956 32,542 Teleflex, Inc. (b)..................................... 125 4,886 Varian Medical Systems, Inc. (a)(b).................... 399 12,146 Zimmer Holdings, Inc. (a)(b)........................... 712 25,988 ----------- 591,402 ----------- HEALTH CARE PROVIDERS & SERVICES -- 2.0% Aetna, Inc. (b)........................................ 1,449 35,254 AmerisourceBergen Corp. ............................... 479 15,644 Cardinal Health, Inc. (b).............................. 1,121 35,289 CIGNA Corp. (b)........................................ 869 15,286 Community Health Systems, Inc. (a)(b).................. 292 4,479 Coventry Health Care, Inc. (a)......................... 469 6,069 DaVita, Inc. (a)(b).................................... 337 14,811 Express Scripts, Inc. (Class A) (a)(b)................. 660 30,472 Health Net, Inc. (a)(b)................................ 332 4,807 Henry Schein, Inc. (a)(b).............................. 294 11,763 Humana, Inc. (a)(b).................................... 535 13,953 Laboratory Corp. of America Holdings (a)(b)............ 339 19,828 Lincare Holdings, Inc. (a)(b).......................... 225 4,905 McKesson Corp. (b)..................................... 861 30,170 Medco Health Solutions, Inc. (a)....................... 1,592 65,813 Omnicare, Inc. (b)..................................... 344 8,425 Patterson Cos., Inc. (a)(b)............................ 314 5,922 Quest Diagnostics, Inc. (b)............................ 462 21,936 UnitedHealth Group, Inc. (b)........................... 3,918 82,004 Universal Health Services, Inc. (Class B) (b).......... 154 5,904 WellPoint, Inc. (a).................................... 1,567 59,499 ----------- 492,233 ----------- HEALTH CARE TECHNOLOGY -- 0.1% Cerner Corp. (a)(b).................................... 202 8,882 IMS Health, Inc. ...................................... 562 7,008 ----------- 15,890 ----------- HOTELS, RESTAURANTS & LEISURE -- 1.5% Burger King Holdings, Inc. (b)......................... 287 6,587 Carnival Corp. ........................................ 1,334 28,814 Darden Restaurants, Inc. (b)........................... 395 13,533 International Game Technology.......................... 945 8,713 Las Vegas Sands Corp. (a)(b)........................... 1,337 4,024 Marriott International, Inc. (Class A) (b)............. 965 15,787 McDonald's Corp. (b)................................... 3,538 193,069 MGM Mirage, Inc. (a)(b)................................ 300 699 Penn National Gaming, Inc. (a)......................... 229 5,530 Royal Caribbean Cruises, Ltd. (b)...................... 432 3,460 Starbucks Corp. (a)(b)................................. 2,313 25,698 Starwood Hotels & Resorts Worldwide, Inc. (b).......... 540 6,858 Wendy's/Arby's Group, Inc. (Class A) (b)............... 1,381 6,947 Wynn Resorts, Ltd. (a)(b).............................. 220 4,393 Yum! Brands, Inc. (b).................................. 1,455 39,983 ----------- 364,095 ----------- HOUSEHOLD DURABLES -- 0.4% D.R. Horton, Inc. (b).................................. 859 8,332 Fortune Brands, Inc. (b)............................... 480 11,784 Garmin, Ltd. (b)....................................... 388 8,230 Leggett & Platt, Inc. (b).............................. 504 6,547 Mohawk Industries, Inc. (a)(b)......................... 170 5,078 Newell Rubbermaid, Inc. ............................... 868 5,538 NVR, Inc. (a)(b)....................................... 16 6,844 Pulte Homes, Inc. (b).................................. 656 7,170 The Black & Decker Corp. (b)........................... 197 6,217 The Stanley Works (b).................................. 249 7,251 Toll Brothers, Inc. (a)(b)............................. 426 7,736 Whirlpool Corp. (b).................................... 234 6,924 ----------- 87,651 ----------- HOUSEHOLD PRODUCTS -- 2.6% Church & Dwight Co., Inc. (b).......................... 219 11,438 Colgate-Palmolive Co. (b).............................. 1,620 95,548 Energizer Holdings, Inc. (a)(b)........................ 182 9,044 Kimberly-Clark Corp. .................................. 1,305 60,173 Procter & Gamble Co. (b)............................... 9,284 437,184 The Clorox Co. (b)..................................... 435 22,394 ----------- 635,781 ----------- INDEPENDENT POWER PRODUCERS & ENERGY TRADERS -- 0.2% Calpine Corp. (a)(b)................................... 1,113 7,580 Constellation Energy Group, Inc. (b)................... 564 11,652 Dynegy, Inc. (Class A) (a)(b).......................... 1,639 2,311 Mirant Corp. (a)(b).................................... 492 5,609 NRG Energy, Inc. (a)(b)................................ 749 13,182 Reliant Energy, Inc. (a)(b)............................ 1,079 3,442 The AES Corp. (a)(b)................................... 2,101 12,207 ----------- 55,983 ----------- INDUSTRIAL CONGLOMERATES -- 1.9% 3M Co. (b)............................................. 2,041 101,479 General Electric Co. (b)............................... 33,468 338,361 Icahn Enterprises LP (b)............................... 18 468 McDermott International, Inc. (a)(b)................... 720 9,641 Textron, Inc. (b)...................................... 781 4,483 ----------- 454,432 ----------- INSURANCE -- 3.5% AFLAC, Inc. (b)........................................ 1,466 28,382 Alleghany Corp. (a)(b)................................. 18 4,972 Allied World Assurance Company Holdings, Ltd. (b)...... 110 4,183 American Financial Group, Inc. ........................ 243 3,900 American International Group, Inc. (b)................. 7,415 7,415 AON Corp. (b).......................................... 748 30,533 Arch Capital Group, Ltd. (a)(b)........................ 158 8,510 Assurant, Inc. (b)..................................... 371 8,080 Axis Capital Holdings, Ltd. (b)........................ 444 10,008 Berkshire Hathaway, Inc. (Class A) (a)(b).............. 3 260,100
15 SPDR DOW JONES LARGE CAP ETF (FORMERLY SPDR DJ WILSHIRE LARGE CAP ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ----------- Brown & Brown, Inc. (b)................................ 356 $ 6,732 Chubb Corp. ........................................... 1,119 47,356 Cincinnati Financial Corp. (b)......................... 476 10,886 CNA Financial Corp. (b)................................ 85 779 Everest Re Group, Ltd. ................................ 185 13,098 Fidelity National Financial, Inc. (Class A) (b)........ 613 11,960 First American Corp. (b)............................... 237 6,283 Hartford Financial Services Group, Inc. ............... 1,102 8,651 HCC Insurance Holdings, Inc. (b)....................... 361 9,094 Lincoln National Corp. (b)............................. 817 5,466 Loews Corp. (b)........................................ 1,118 24,708 Markel Corp. (a)(b).................................... 30 8,516 Marsh & McLennan Cos., Inc. ........................... 1,617 32,744 MetLife, Inc. (b)...................................... 1,589 36,182 Odyssey Re Holdings Corp. ............................. 55 2,086 Old Republic International Corp. (b)................... 726 7,855 PartnerRe, Ltd. (b).................................... 173 10,738 Principal Financial Group, Inc. (b).................... 762 6,233 Prudential Financial, Inc. (b)......................... 1,349 25,658 Reinsurance Group of America, Inc. (b)................. 195 6,316 RenaissanceRe Holdings, Ltd. .......................... 192 9,492 The Allstate Corp. (b)................................. 1,708 32,708 The Hanover Insurance Group, Inc. ..................... 163 4,698 The Progressive Corp. (a)(b)........................... 1,995 26,813 The Travelers Cos., Inc. .............................. 1,865 75,794 Torchmark Corp. (b).................................... 275 7,213 Transatlantic Holdings, Inc. (b)....................... 79 2,818 Unum Group (b)......................................... 1,041 13,012 Wesco Financial Corp. ................................. 4 1,104 White Mountains Insurance Group, Ltd. (b).............. 26 4,470 WR Berkley Corp. ...................................... 455 10,260 ----------- 835,806 ----------- INTERNET & CATALOG RETAIL -- 0.4% Amazon.com, Inc. (a)(b)................................ 985 72,339 Expedia, Inc. (a)(b)................................... 654 5,938 Liberty Media Holding Corp. -- Interactive (a)......... 1,933 5,606 Netflix, Inc. (a)(b)................................... 145 6,223 Priceline.com, Inc. (a)(b)............................. 128 10,084 ----------- 100,190 ----------- INTERNET SOFTWARE & SERVICES -- 1.6% Akamai Technologies, Inc. (a)(b)....................... 529 10,263 eBay, Inc. (a)......................................... 3,450 43,332 Google, Inc. (Class A) (a)............................. 730 254,084 IAC/InterActiveCorp (a)(b)............................. 265 4,036 VeriSign, Inc. (a)(b).................................. 613 11,567 Yahoo!, Inc. (a)(b).................................... 4,056 51,957 ----------- 375,239 ----------- IT SERVICES -- 1.8% Accenture, Ltd. (Class A).............................. 1,844 50,692 Affiliated Computer Services, Inc. (Class A) (a)(b).... 289 13,840 Alliance Data Systems Corp. (a)(b)..................... 213 7,870 Automatic Data Processing, Inc. (b).................... 1,602 56,326 Broadridge Financial Solutions, Inc. (b)............... 441 8,207 Cognizant Technology Solutions Corp. (Class A) (a)..... 908 18,877 Computer Sciences Corp. (a)(b)......................... 478 17,610 DST Systems, Inc. (a)(b)............................... 131 4,535 Fidelity National Information Services, Inc. (b)....... 597 10,865 Fiserv, Inc. (a)(b).................................... 516 18,813 Global Payments, Inc. (b).............................. 256 8,553 Hewitt Associates, Inc. (Class A) (a).................. 279 8,303 Lender Processing Services, Inc. (b)................... 298 9,122 Mantech International Corp. (Class A) (a).............. 65 2,724 Mastercard, Inc. (Class A) (b)......................... 271 45,387 Metavante Technologies, Inc. (a)(b).................... 284 5,669 Paychex, Inc. (b)...................................... 1,023 26,260 SAIC, Inc. (a)......................................... 647 12,080 The Western Union Co. (b).............................. 2,249 28,270 Total System Services, Inc. (b)........................ 632 8,728 Visa, Inc. (Class A) (b)............................... 1,372 76,283 ----------- 439,014 ----------- LEISURE EQUIPMENT & PRODUCTS -- 0.1% Hasbro, Inc. .......................................... 400 10,028 Mattel, Inc. (b)....................................... 1,129 13,017 ----------- 23,045 ----------- LIFE SCIENCES TOOLS & SERVICES -- 0.6% Charles River Laboratories International, Inc. (a)(b).. 219 5,959 Covance, Inc. (a)(b)................................... 203 7,233 Illumina, Inc. (a)(b).................................. 389 14,486 Life Technologies Corp. (a)(b)......................... 542 17,604 Millipore Corp. (a).................................... 171 9,817 PerkinElmer, Inc. (b).................................. 375 4,789 Pharmaceutical Product Development, Inc. (b)........... 329 7,804 Techne Corp. .......................................... 118 6,456 Thermo Fisher Scientific, Inc. (a)(b).................. 1,320 47,085 Waters Corp. (a)(b).................................... 312 11,528 ----------- 132,761 ----------- MACHINERY -- 1.5% AGCO Corp. (a)(b)...................................... 283 5,547 Caterpillar, Inc. (b).................................. 1,892 52,900 Cummins, Inc. ......................................... 581 14,786 Danaher Corp. (b)...................................... 775 42,020 Deere & Co. (b)........................................ 1,324 43,520 Donaldson Co., Inc. (b)................................ 219 5,878 Dover Corp. (b)........................................ 598 15,775 Eaton Corp. ........................................... 519 19,130 Flowserve Corp. (b).................................... 182 10,214 Harsco Corp. .......................................... 262 5,809 Illinois Tool Works, Inc. (b).......................... 1,381 42,604 Ingersoll-Rand Co., Ltd. (Class A) (b)................. 992 13,690 Joy Global, Inc. (b)................................... 339 7,221 Lincoln Electric Holdings, Inc. (b).................... 129 4,088 Navistar International Corp. (a)(b).................... 196 6,558 PACCAR, Inc. (b)....................................... 1,083 27,898 Pall Corp. ............................................ 377 7,702 Parker-Hannifin Corp. (b).............................. 506 17,194 Pentair, Inc. (b)...................................... 307 6,653 SPX Corp. (b).......................................... 169 7,945 ----------- 357,132 -----------
16 SPDR DOW JONES LARGE CAP ETF (FORMERLY SPDR DJ WILSHIRE LARGE CAP ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ----------- MEDIA -- 2.5% Cablevision Systems Corp. (Class A) (b)................ 721 $ 9,330 CBS Corp. (b).......................................... 1,920 7,373 Clear Channel Outdoor Holdings, Inc. (Class A) (a)(b).. 124 455 Comcast Corp. (Class A) (b)............................ 9,158 124,915 Discovery Communications, Inc. (a)(b).................. 884 14,162 DISH Network Corp. (Class A) (a)(b).................... 668 7,421 DreamWorks Animation SKG, Inc. (Class A) (a)(b)........ 182 3,938 Interactive Data Corp. ................................ 113 2,809 John Wiley & Sons, Inc. (Class A) (b).................. 159 4,735 Liberty Global, Inc. (a)(b)............................ 921 13,410 Liberty Media Corp. -- Entertainment (a)............... 1,641 32,738 Marvel Entertainment, Inc. (a)......................... 164 4,354 News Corp. (Class A) (b)............................... 7,293 48,280 Omnicom Group, Inc. (b)................................ 977 22,862 Scripps Networks Interactive (Class A) (b)............. 258 5,807 The DIRECTV Group, Inc. (a)(b)......................... 1,720 39,199 The Interpublic Group of Cos., Inc. (a)(b)............. 1,544 6,361 The McGraw-Hill Cos., Inc. (b)......................... 1,012 23,144 The Walt Disney Co. (b)................................ 5,524 100,316 The Washington Post Co. (b)............................ 19 6,785 Time Warner Cable, Inc. (b)............................ 1,116 27,677 Time Warner, Inc. (b).................................. 3,799 73,321 Viacom, Inc. (a)(b).................................... 1,689 29,355 Virgin Media, Inc. (b)................................. 934 4,483 ----------- 613,230 ----------- METALS & MINING -- 0.9% Alcoa, Inc. (b)........................................ 3,058 22,446 Allegheny Technologies, Inc. (b)....................... 298 6,535 Cliffs Natural Resources, Inc. (b)..................... 343 6,229 Compass Minerals International, Inc. (b)............... 102 5,750 Freeport-McMoRan Copper & Gold, Inc. (b)............... 1,272 48,476 Newmont Mining Corp. .................................. 1,525 68,259 Nucor Corp. (b)........................................ 903 34,467 Reliance Steel & Aluminum Co. ......................... 202 5,319 Southern Copper Corp. (b).............................. 702 12,229 Steel Dynamics, Inc. (b)............................... 608 5,356 United States Steel Corp. (b).......................... 374 7,903 ----------- 222,969 ----------- MULTI-UTILITIES -- 1.6% Alliant Energy Corp. (b)............................... 351 8,666 Ameren Corp. (b)....................................... 661 15,328 CenterPoint Energy, Inc. .............................. 978 10,200 CMS Energy Corp. (b)................................... 694 8,217 Consolidated Edison, Inc. (b).......................... 861 34,104 Dominion Resources, Inc. .............................. 1,828 56,650 DTE Energy Co. (b)..................................... 517 14,321 Integrys Energy Group, Inc. (b)........................ 241 6,276 MDU Resources Group, Inc. (b).......................... 533 8,603 NiSource, Inc. (b)..................................... 854 8,369 NSTAR (b).............................................. 335 10,680 OGE Energy Corp. ...................................... 298 7,098 PG&E Corp. (b)......................................... 1,150 43,953 Public Service Enterprise Group, Inc. ................. 1,599 47,122 SCANA Corp. (b)........................................ 349 10,781 Sempra Energy (b)...................................... 712 32,923 TECO Energy, Inc. (b).................................. 627 6,991 Vectren Corp. ......................................... 255 5,378 Wisconsin Energy Corp. ................................ 369 15,192 Xcel Energy, Inc. (b).................................. 1,411 26,287 ----------- 377,139 ----------- MULTILINE RETAIL -- 0.8% Dollar Tree Stores, Inc. (a)(b)........................ 285 12,697 Family Dollar Stores, Inc. (b)......................... 416 13,882 J. C. Penney Co., Inc. (b)............................. 621 12,464 Kohl's Corp. (a)(b).................................... 903 38,215 Macy's, Inc. (b)....................................... 1,316 11,712 Nordstrom, Inc. (b).................................... 539 9,028 Sears Holdings Corp. (a)(b)............................ 186 8,502 Target Corp. (b)....................................... 2,184 75,108 ----------- 181,608 ----------- OFFICE ELECTRONICS -- 0.1% Xerox Corp. (b)........................................ 2,758 12,549 ----------- OIL, GAS & CONSUMABLE FUELS -- 11.3% Alpha Natural Resources, Inc. (a)(b)................... 221 3,923 Anadarko Petroleum Corp. .............................. 1,443 56,118 Apache Corp. (b)....................................... 1,064 68,192 Arch Coal, Inc. ....................................... 450 6,016 Boardwalk Pipeline Partners LP (b)..................... 175 3,920 Buckeye Partners LP.................................... 152 5,420 Cabot Oil & Gas Corp. (b).............................. 339 7,990 Chesapeake Energy Corp. (b)............................ 1,909 32,568 Chevron Corp. (b)...................................... 6,350 426,974 Cimarex Energy Co. (b)................................. 255 4,687 CNX Gas Corp. (a)(b)................................... 87 2,063 Concho Resources, Inc. (a)(b).......................... 196 5,016 ConocoPhillips (b)..................................... 4,382 171,599 CONSOL Energy, Inc. (b)................................ 581 14,664 Continental Resources, Inc. (a)(b)..................... 104 2,206 Denbury Resources, Inc. (a)(b)......................... 773 11,487 Devon Energy Corp. (b)................................. 1,318 58,901 El Paso Corp. (b)...................................... 2,232 13,950 Enbridge Energy Partners LP (b)........................ 233 6,974 Energy Transfer Equity LP (b).......................... 623 13,164 Energy Transfer Partners LP (b)........................ 297 10,956 Enterprise GP Holdings LP (b).......................... 108 2,443 Enterprise Products Partners LP (b).................... 951 21,160 EOG Resources, Inc. (b)................................ 776 42,494 EXCO Resources, Inc. (a)(b)............................ 538 5,380 Exxon Mobil Corp. (b).................................. 15,640 1,065,084 Forest Oil Corp. (a)(b)................................ 275 3,616 Hess Corp. (b)......................................... 931 50,460 Kinder Morgan Energy Partners LP (b)................... 529 24,715 Kinder Morgan Management, LLC (b)...................... 240 9,782 Magellan Midstream Partners LP (b)..................... 208 6,109 Marathon Oil Corp. .................................... 2,233 58,706 Murphy Oil Corp. ...................................... 596 26,683 Newfield Exploration Co. (a)(b)........................ 409 9,284 Noble Energy, Inc. .................................... 537 28,934 NuStar Energy LP (b)................................... 133 6,133 Occidental Petroleum Corp. (b)......................... 2,573 143,187 ONEOK Partners LP (b).................................. 167 6,789 Peabody Energy Corp. (b)............................... 853 21,359 Petrohawk Energy Corp. (a)(b).......................... 863 16,595 Pioneer Natural Resources Co. (b)...................... 378 6,226
17 SPDR DOW JONES LARGE CAP ETF (FORMERLY SPDR DJ WILSHIRE LARGE CAP ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ----------- Plains All American Pipeline LP (b).................... 338 $ 12,425 Plains Exploration & Production Co. (a)................ 337 5,806 Quicksilver Resources, Inc. (a)(b)..................... 349 1,933 Range Resources Corp. (b).............................. 487 20,045 Southwestern Energy Co. (a)(b)......................... 1,080 32,065 Spectra Energy Corp. (b)............................... 2,069 29,256 Sunoco, Inc. (b)....................................... 375 9,930 TEPPCO Partners LP..................................... 268 6,070 Tesoro Corp. (b)....................................... 396 5,334 The Williams Cos., Inc. (b)............................ 1,823 20,746 Ultra Petroleum Corp. (a)(b)........................... 477 17,120 Valero Energy Corp. ................................... 1,623 29,052 Whiting Petroleum Corp. (a)(b)......................... 158 4,084 XTO Energy, Inc. ...................................... 1,814 55,545 ----------- 2,731,338 ----------- PAPER & FOREST PRODUCTS -- 0.1% International Paper Co. (b)............................ 1,368 9,631 MeadWestvaco Corp. (b)................................. 516 6,187 Weyerhaeuser Co. (b)................................... 667 18,389 ----------- 34,207 ----------- PERSONAL PRODUCTS -- 0.2% Alberto-Culver Co. .................................... 275 6,218 Avon Products, Inc. ................................... 1,352 25,999 Mead Johnson Nutrition Co. (Class A) (a)............... 95 2,742 The Estee Lauder Cos., Inc. (Class A) (b).............. 340 8,381 ----------- 43,340 ----------- PHARMACEUTICALS -- 7.5% Abbott Laboratories.................................... 4,882 232,871 Allergan, Inc. (b)..................................... 978 46,709 Bristol-Myers Squibb Co. (b)........................... 6,256 137,131 Eli Lilly & Co. (b).................................... 3,079 102,869 Endo Pharmaceuticals Holdings, Inc. (a)(b)............. 326 5,764 Forest Laboratories, Inc. (a)(b)....................... 965 21,191 Johnson & Johnson...................................... 8,761 460,829 King Pharmaceuticals, Inc. (a)(b)...................... 768 5,430 Merck & Co., Inc. (b).................................. 6,712 179,546 Mylan, Inc. (a)(b)..................................... 951 12,753 Perrigo Co. (b)........................................ 266 6,605 Pfizer, Inc. (b)....................................... 21,369 291,046 Schering-Plough Corp. ................................. 5,152 121,330 Warner Chilcott, Ltd. (Class A) (a)(b)................. 257 2,704 Watson Pharmaceuticals, Inc. (a)(b).................... 328 10,204 Wyeth (b).............................................. 4,236 182,317 ----------- 1,819,299 ----------- PROFESSIONAL SERVICES -- 0.2% Equifax, Inc. (b)...................................... 402 9,829 FTI Consulting, Inc. (a)(b)............................ 156 7,719 IHS, Inc. (Class A) (a)(b)............................. 144 5,930 Manpower, Inc. (b)..................................... 243 7,662 Robert Half International, Inc. (b).................... 501 8,933 The Dun & Bradstreet Corp. (b)......................... 169 13,013 Watson Wyatt Worldwide, Inc. (Class A) (b)............. 133 6,566 ----------- 59,652 ----------- REAL ESTATE INVESTMENT TRUSTS -- 1.0% AMB Property Corp. (b)................................. 409 5,890 Annaly Capital Management, Inc. (b).................... 1,691 23,454 Avalonbay Communities, Inc. (b)........................ 253 11,906 Boston Properties, Inc. (b)............................ 377 13,206 Digital Realty Trust, Inc. (b)......................... 220 7,300 Equity Residential (b)................................. 862 15,818 Federal Realty Investment Trust (b).................... 183 8,418 HCP, Inc. (b).......................................... 792 14,137 Health Care REIT, Inc. (b)............................. 348 10,645 Host Hotels & Resorts, Inc. (b)........................ 1,631 6,394 Kimco Realty Corp. (b)................................. 725 5,524 Liberty Property Trust................................. 308 5,834 Nationwide Health Properties, Inc. (b)................. 322 7,145 Plum Creek Timber Co., Inc. (b)........................ 539 15,669 ProLogis (b)........................................... 833 5,415 Public Storage (b)..................................... 404 22,321 Rayonier, Inc. (b)..................................... 246 7,434 Realty Income Corp. (b)................................ 327 6,154 Regency Centers Corp. (b).............................. 218 5,792 Simon Property Group, Inc. (b)......................... 771 26,707 Ventas, Inc. (b)....................................... 453 10,242 Vornado Realty Trust (b)............................... 467 15,523 ----------- 250,928 ----------- REAL ESTATE MANAGEMENT & DEVELOPMENT -- 0.0% (d) Brookfield Properties Corp. (b)........................ 641 3,679 The St. Joe Co. (a)(b)................................. 288 4,821 ----------- 8,500 ----------- ROAD & RAIL -- 0.9% Burlington Northern Santa Fe Corp. (b)................. 869 52,270 CSX Corp. ............................................. 1,255 32,442 Hertz Global Holdings, Inc. (a)(b)..................... 422 1,659 J.B. Hunt Transport Services, Inc. (b)................. 349 8,414 Kansas City Southern (a)(b)............................ 287 3,648 Norfolk Southern Corp. (b)............................. 1,152 38,880 Ryder Systems, Inc. (b)................................ 181 5,124 Union Pacific Corp. (b)................................ 1,609 66,146 ----------- 208,583 ----------- SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT -- 2.5% Advanced Micro Devices, Inc. (a)(b).................... 1,759 5,365 Altera Corp. (b)....................................... 939 16,479 Analog Devices, Inc. .................................. 926 17,844 Applied Materials, Inc. (b)............................ 4,218 45,344 Broadcom Corp. (Class A) (a)(b)........................ 1,334 26,653 Cree, Inc. (a)(b)...................................... 253 5,953 Intel Corp. (b)........................................ 17,638 265,452 Intersil Corp. (Class A)............................... 400 4,600 KLA-Tencor Corp. (b)................................... 550 11,000 Lam Research Corp. (a)(b).............................. 403 9,176 Linear Technology Corp. (b)............................ 649 14,914 LSI Logic Corp. (a)(b)................................. 2,020 6,141 Marvell Technology Group, Ltd. (a)..................... 1,514 13,868 Maxim Integrated Products, Inc. (b).................... 1,011 13,355 MEMC Electronic Materials, Inc. (a).................... 713 11,757 Microchip Technology, Inc. (b)......................... 581 12,311 Micron Technology, Inc. (a)(b)......................... 2,391 9,708 National Semiconductor Corp. (b)....................... 725 7,446 NVIDIA Corp. (a)(b).................................... 1,689 16,654 ON Semiconductor Corp. (a)(b).......................... 1,277 4,980
18 SPDR DOW JONES LARGE CAP ETF (FORMERLY SPDR DJ WILSHIRE LARGE CAP ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ----------- Texas Instruments, Inc. (b)............................ 4,142 $ 68,384 Varian Semiconductor Equipment Associates, Inc. (a)(b).......................................... 228 4,939 Xilinx, Inc. (b)....................................... 873 16,727 ----------- 609,050 ----------- SOFTWARE -- 4.0% Activision Blizzard, Inc. (a)(b)....................... 1,857 19,424 Adobe Systems, Inc. (a)(b)............................. 1,648 35,251 Ansys, Inc. (a)(b)..................................... 283 7,103 Autodesk, Inc. (a)(b).................................. 717 12,053 BMC Software, Inc. (a)................................. 581 19,173 CA, Inc. .............................................. 1,298 22,858 Citrix Systems, Inc. (a)............................... 571 12,927 Electronic Arts, Inc. (a)(b)........................... 1,005 18,281 Factset Research Systems, Inc. (b)..................... 137 6,849 Intuit, Inc. (a)(b).................................... 935 25,245 McAfee, Inc. (a)(b).................................... 484 16,214 Microsoft Corp. (b).................................... 25,062 460,389 Nuance Communications, Inc. (a)(b)..................... 686 7,450 Oracle Corp. (a)....................................... 12,293 222,135 Red Hat, Inc. (a)...................................... 594 10,597 Salesforce.com, Inc. (a)(b)............................ 322 10,539 Sybase, Inc. (a)(b).................................... 255 7,724 Symantec Corp. (a)(b).................................. 2,581 38,560 Synopsys, Inc. (a)..................................... 444 9,204 VMware, Inc. (Class A) (a)(b).......................... 118 2,787 ----------- 964,763 ----------- SPECIALTY RETAIL -- 2.1% Abercrombie & Fitch Co. (Class A) (b).................. 271 6,450 Advance Auto Parts, Inc. (b)........................... 297 12,201 American Eagle Outfitters, Inc. (b).................... 566 6,928 AutoZone, Inc. (a)(b).................................. 108 17,563 Bed Bath & Beyond, Inc. (a)(b)......................... 824 20,394 Best Buy Co., Inc. (b)................................. 1,055 40,048 CarMax, Inc. (a)(b).................................... 627 7,800 GameStop Corp. (Class A) (a)(b)........................ 477 13,366 Guess ?, Inc. (b)...................................... 194 4,089 Limited Brands, Inc. (b)............................... 915 7,960 Lowe's Cos., Inc. (b).................................. 4,663 85,100 O'Reilly Automotive, Inc. (a)(b)....................... 426 14,914 PetSmart, Inc. ........................................ 407 8,531 Ross Stores, Inc. (b).................................. 407 14,603 Staples, Inc. ......................................... 2,239 40,548 The Gap, Inc. ......................................... 1,656 21,511 The Home Depot, Inc. (b)............................... 5,402 127,271 The Sherwin-Williams Co. (b)........................... 312 16,215 The TJX Cos., Inc. .................................... 1,329 34,076 Tiffany & Co. (b)...................................... 393 8,473 Urban Outfitters, Inc. (a)(b).......................... 368 6,024 ----------- 514,065 ----------- TEXTILES, APPAREL & LUXURY GOODS -- 0.3% Coach, Inc. (a)(b)..................................... 1,009 16,850 NIKE, Inc. (Class B) (b)............................... 844 39,575 Polo Ralph Lauren Corp. (b)............................ 182 7,690 V. F. Corp. ........................................... 272 15,534 ----------- 79,649 ----------- THRIFTS & MORTGAGE FINANCE -- 0.2% Capitol Federal Financial.............................. 67 2,533 Hudson City Bancorp, Inc. ............................. 1,540 18,003 New York Community Bancorp, Inc. (b)................... 1,082 12,086 People's United Financial, Inc. (b).................... 541 9,722 TFS Financial Corp. (b)................................ 295 3,578 ----------- 45,922 ----------- TOBACCO -- 1.6% Altria Group, Inc. .................................... 6,555 105,011 Lorillard, Inc. ....................................... 528 32,599 Philip Morris International, Inc. (b).................. 6,417 228,317 Reynolds American, Inc. (b)............................ 531 19,031 ----------- 384,958 ----------- TRADING COMPANIES & DISTRIBUTORS -- 0.1% Fastenal Co. (b)....................................... 451 14,502 MSC Industrial Direct Co., Inc. (Class A) (b).......... 136 4,225 W.W. Grainger, Inc. (b)................................ 205 14,387 ----------- 33,114 ----------- WATER UTILITIES -- 0.1% American Water Works Co., Inc. (b)..................... 182 3,502 Aqua America, Inc. (b)................................. 421 8,420 ----------- 11,922 ----------- WIRELESS TELECOMMUNICATION SERVICES -- 0.6% American Tower Corp. (Class A) (a)..................... 1,245 37,885 Clearwire Corp. (Class A) (a)(b)....................... 222 1,143 Crown Castle International Corp. (a)(b)................ 764 15,593 Leap Wireless International, Inc. (a)(b)............... 188 6,556 MetroPCS Communications, Inc. (a)(b)................... 773 13,203 NII Holdings, Inc. (a)................................. 524 7,860 SBA Communications Corp. (Class A) (a)(b).............. 366 8,528 Sprint Nextel Corp. (a)................................ 8,942 31,923 Telephone & Data Systems, Inc. ........................ 322 8,536 US Cellular Corp. (a)(b)............................... 52 1,733 ----------- 132,960 ----------- TOTAL COMMON STOCKS -- (Cost $29,054,126)................................... 24,081,171 ----------- SHORT TERM INVESTMENTS -- 27.0% MONEY MARKET FUNDS -- 27.0% State Street Navigator Securities Lending Prime Portfolio (e)(f)....................... 6,492,106 6,492,106 STIC Prime Portfolio................................... 28,647 28,647 ----------- TOTAL SHORT TERM INVESTMENTS -- (Cost $6,520,753).................................... 6,520,753 ----------- TOTAL INVESTMENTS -- 126.7% (Cost $35,574,879)......... 30,601,924 OTHER ASSETS AND LIABILITIES -- (26.7)%................ (6,458,043) ----------- NET ASSETS -- 100.0%................................... $24,143,881 ===========
(a) Non-income producing security. (b) Security, or portion thereof, was on loan at March 31, 2009. (c) Affiliated issuer. (See accompanying notes.) (d) Amount shown represents less than 0.05% of net assets. (e) Investments of cash collateral for securities loaned. (f) Affiliated Fund managed by SSgA Funds Management, Inc. REIT = Real Estate Investment Trust 19 SPDR DOW JONES LARGE CAP GROWTH ETF (FORMERLY SPDR DJ WILSHIRE LARGE CAP GROWTH ETF) SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- ---------- ------------ COMMON STOCKS -- 99.6% AEROSPACE & DEFENSE -- 0.6% ITT Corp. ................................................ 7,027 $ 270,329 Precision Castparts Corp. ................................ 5,397 323,280 Rockwell Collins, Inc. ................................... 6,123 199,855 Spirit Aerosystems Holdings, Inc. (a)(b).................. 4,558 45,443 ------------ 838,907 ------------ AIR FREIGHT & LOGISTICS -- 0.7% C.H. Robinson Worldwide, Inc. ............................ 6,575 299,886 Expeditors International Washington, Inc. ................ 8,255 233,534 FedEx Corp. .............................................. 11,536 513,236 ------------ 1,046,656 ------------ AIRLINES -- 0.1% AMR Corp. (a)(b).......................................... 9,846 31,409 Southwest Airlines Co. ................................... 28,428 179,949 ------------ 211,358 ------------ AUTO COMPONENTS -- 0.1% BorgWarner, Inc. (b)...................................... 4,494 91,228 The Goodyear Tire & Rubber Co. (a)........................ 9,299 58,212 ------------ 149,440 ------------ AUTOMOBILES -- 0.2% Ford Motor Co. (a)(b)..................................... 92,516 243,317 ------------ BEVERAGES -- 2.4% Brown-Forman Corp. (Class B) (b).......................... 3,523 136,798 Hansen Natural Corp. (a)(b)............................... 3,037 109,332 PepsiCo, Inc. ............................................ 61,488 3,165,402 ------------ 3,411,532 ------------ BIOTECHNOLOGY -- 4.6% Abraxis Bioscience, Inc. (a).............................. 193 9,202 Alexion Pharmaceuticals, Inc. (a)(b)...................... 3,013 113,470 Amgen, Inc. (a)........................................... 41,598 2,059,933 Amylin Pharmaceuticals, Inc. (a)(b)....................... 5,143 60,430 Biogen Idec, Inc. (a)..................................... 11,767 616,826 BioMarin Pharmaceutical, Inc. (a)(b)...................... 3,615 44,645 Celgene Corp. (a)......................................... 17,960 797,424 Cephalon, Inc. (a)(b)..................................... 2,650 180,465 Genzyme Corp. (a)......................................... 10,708 635,948 Gilead Sciences, Inc. (a)................................. 35,830 1,659,646 Myriad Genetics, Inc. (a)................................. 3,602 163,783 OSI Pharmaceuticals, Inc. (a)(b).......................... 2,216 84,784 Vertex Pharmaceuticals, Inc. (a)(b)....................... 6,244 179,390 ------------ 6,605,946 ------------ CAPITAL MARKETS -- 1.8% Affiliated Managers Group, Inc. (a)(b).................... 1,591 66,361 BlackRock, Inc. (b)....................................... 763 99,221 Eaton Vance Corp. (b)..................................... 4,479 102,345 Franklin Resources, Inc. ................................. 6,144 330,977 Invesco, Ltd. ............................................ 15,015 208,108 Jefferies Group, Inc. (a)................................. 4,494 62,017 Lazard, Ltd. (Class A).................................... 2,945 86,583 Northern Trust Corp. ..................................... 8,834 528,450 Raymond James Financial, Inc. (b)......................... 3,830 75,451 SEI Investments Co. ...................................... 5,411 66,068 T. Rowe Price Group, Inc. (b)............................. 10,058 290,274 TD Ameritrade Holding Corp. (a)........................... 9,205 127,121 The Charles Schwab Corp. ................................. 37,295 578,072 ------------ 2,621,048 ------------ CHEMICALS -- 2.8% Airgas, Inc. ............................................. 2,704 91,422 Albemarle Corp. .......................................... 3,540 77,066 Celanese Corp. (Series A)................................. 5,554 74,257 Ecolab, Inc. ............................................. 6,823 236,963 Monsanto Co. ............................................. 21,286 1,768,866 Praxair, Inc. ............................................ 12,176 819,323 Rohm and Haas Co. ........................................ 4,769 375,988 Sigma-Aldrich Corp. ...................................... 4,181 158,000 Terra Industries, Inc. (b)................................ 3,956 111,124 Terra Nitrogen Co. LP..................................... 284 40,612 The Mosaic Co. ........................................... 5,764 241,973 ------------ 3,995,594 ------------ COMMERCIAL SERVICES & SUPPLIES -- 0.9% Cintas Corp. (b).......................................... 5,136 126,962 Copart, Inc. (a).......................................... 2,398 71,125 Corrections Corp. of America (a).......................... 4,839 61,988 Covanta Holding Corp. (a)................................. 5,215 68,264 Iron Mountain, Inc. (a)(b)................................ 7,053 156,365 Stericycle, Inc. (a)(b)................................... 3,339 159,370 Waste Connections, Inc. (a)............................... 3,087 79,336 Waste Management, Inc. ................................... 19,646 502,938 ------------ 1,226,348 ------------ COMMUNICATIONS EQUIPMENT -- 5.6% Cisco Systems, Inc. (a)................................... 231,182 3,876,922 Corning, Inc. ............................................ 61,759 819,542 EchoStar Corp. (Class A) (a)(b)........................... 1,367 20,273 Harris Corp. ............................................. 5,217 150,980 Juniper Networks, Inc. (a)(b)............................. 20,447 307,932 Motorola, Inc. ........................................... 81,727 345,705 QUALCOMM, Inc. ........................................... 64,486 2,509,150 ------------ 8,030,504 ------------ COMPUTERS & PERIPHERALS -- 6.3% Apple, Inc. (a)........................................... 34,906 3,669,319 Dell, Inc. (a)............................................ 68,228 646,801 EMC Corp. (a)............................................. 80,512 917,837 Hewlett-Packard Co. ...................................... 94,574 3,032,042 NCR Corp. (a)............................................. 6,797 54,036 NetApp, Inc. (a).......................................... 12,659 187,860 SanDisk Corp. (a)(b)...................................... 8,685 109,865 Sun Microsystems, Inc. (a)................................ 28,604 209,381 Teradata Corp. (a)........................................ 6,817 110,572 Western Digital Corp. (a)................................. 8,547 165,299 ------------ 9,103,012 ------------ CONSTRUCTION & ENGINEERING -- 0.6% Aecom Technology Corp. (a)................................ 3,005 78,370 Fluor Corp. .............................................. 7,029 242,852 Jacobs Engineering Group, Inc. (a)(b)..................... 4,741 183,287 KBR, Inc. ................................................ 6,256 86,395 Quanta Services, Inc. (a)................................. 7,641 163,900 The Shaw Group, Inc. (a).................................. 3,211 88,014 ------------ 842,818 ------------ CONSTRUCTION MATERIALS -- 0.2% Martin Marietta Materials, Inc. (b)....................... 1,598 126,721 Vulcan Materials Co. (b).................................. 3,531 156,388 ------------ 283,109 ------------ CONSUMER FINANCE -- 0.1% Discover Financial Services............................... 18,512 116,811 ------------ CONTAINERS & PACKAGING -- 0.3% Ball Corp. ............................................... 3,663 158,974 Crown Holdings, Inc. (a).................................. 6,188 140,653
20 SPDR DOW JONES LARGE CAP GROWTH ETF (FORMERLY SPDR DJ WILSHIRE LARGE CAP GROWTH ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- ---------- ------------ Pactiv Corp. (a).......................................... 5,050 $ 73,680 Sealed Air Corp. ......................................... 6,123 84,497 ------------ 457,804 ------------ DIVERSIFIED CONSUMER SERVICES -- 0.6% Apollo Group, Inc. (a)(b)................................. 5,228 409,509 Career Education Corp. (a)(b)............................. 3,466 83,045 DeVry, Inc. .............................................. 2,398 115,536 ITT Educational Services, Inc. (a)(b)..................... 1,504 182,616 Strayer Education, Inc. (b)............................... 550 98,928 ------------ 889,634 ------------ DIVERSIFIED FINANCIAL SERVICES -- 1.0% CME Group, Inc. .......................................... 2,649 652,687 Intercontinental Exchange, Inc. (a)....................... 2,798 208,367 Leucadia National Corp. (a)(b)............................ 6,678 99,435 Moody's Corp. (b)......................................... 7,780 178,318 NYSE Euronext............................................. 10,030 179,537 The Nasdaq OMX Group, Inc. (a)(b)......................... 6,110 119,634 ------------ 1,437,978 ------------ DIVERSIFIED TELECOMMUNICATION SERVICES -- 0.1% Level 3 Communications, Inc. (a)(b)....................... 62,395 57,403 Windstream Corp. ......................................... 17,026 137,230 ------------ 194,633 ------------ ELECTRIC UTILITIES -- 0.2% Allegheny Energy, Inc. ................................... 6,477 150,072 ITC Holdings Corp. ....................................... 1,913 83,445 ------------ 233,517 ------------ ELECTRICAL EQUIPMENT -- 1.1% AMETEK, Inc. ............................................. 4,106 128,395 Cooper Industries, Ltd. (Class A)......................... 6,733 174,115 Emerson Electric Co. ..................................... 29,806 851,856 First Solar, Inc. (a)(b).................................. 1,758 233,287 Roper Industries, Inc. (b)................................ 3,463 147,004 SunPower Corp. (Class A) (a)(b)........................... 3,604 85,703 ------------ 1,620,360 ------------ ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS -- 0.7% Agilent Technologies, Inc. (a)............................ 13,555 208,340 Amphenol Corp. (Class A).................................. 6,780 193,162 Arrow Electronics, Inc. (a)............................... 4,634 88,324 Avnet, Inc. (a)........................................... 5,789 101,365 Dolby Laboratories, Inc. (Class A) (a)(b)................. 2,002 68,288 FLIR Systems, Inc. (a).................................... 5,391 110,408 Itron, Inc. (a)(b)........................................ 1,317 62,360 Mettler-Toledo International, Inc. (a).................... 1,223 62,777 Molex, Inc. (b)........................................... 4,886 67,134 Trimble Navigation, Ltd. (a)(b)........................... 4,653 71,098 ------------ 1,033,256 ------------ ENERGY EQUIPMENT & SERVICES -- 3.2% Baker Hughes, Inc. ....................................... 12,263 350,109 BJ Services Co. .......................................... 11,355 112,982 Cameron International Corp. (a)........................... 8,423 184,716 Diamond Offshore Drilling, Inc. (b)....................... 2,537 159,476 ENSCO International, Inc. ................................ 5,492 144,989 Exterran Holdings, Inc. (a)(b)............................ 2,506 40,146 FMC Technologies, Inc. (a)................................ 4,842 151,894 Halliburton Co. .......................................... 35,373 547,220 Helmerich & Payne, Inc. (b)............................... 3,702 84,295 Nabors Industries, Ltd. (a)(b)............................ 11,023 110,120 National-Oilwell Varco, Inc. (a).......................... 16,311 468,289 Patterson-UTI Energy, Inc. (b)............................ 5,989 53,661 Pride International, Inc. (a)............................. 6,702 120,502 Rowan Cos., Inc. ......................................... 3,801 45,498 Schlumberger, Ltd. ....................................... 46,864 1,903,616 Smith International, Inc. ................................ 8,476 182,064 ------------ 4,659,577 ------------ FOOD & STAPLES RETAILING -- 6.2% Costco Wholesale Corp. ................................... 17,048 789,663 CVS Caremark Corp. ....................................... 56,337 1,548,704 Sysco Corp. .............................................. 23,346 532,289 Wal-Mart Stores, Inc. .................................... 95,758 4,988,992 Walgreen Co. ............................................. 39,083 1,014,595 Whole Foods Market, Inc. (b).............................. 5,383 90,434 ------------ 8,964,677 ------------ FOOD PRODUCTS -- 0.6% Archer-Daniels-Midland Co. ............................... 23,231 645,357 Dean Foods Co. (a)........................................ 5,962 107,793 Flowers Foods, Inc. (b)................................... 3,316 77,860 ------------ 831,010 ------------ GAS UTILITIES -- 0.4% Energen Corp. ............................................ 2,524 73,524 EQT Corp. ................................................ 5,025 157,433 ONEOK, Inc. .............................................. 3,758 85,044 Questar Corp. ............................................ 6,667 196,210 ------------ 512,211 ------------ HEALTH CARE EQUIPMENT & SUPPLIES -- 4.4% Baxter International, Inc. ............................... 24,182 1,238,602 Beckman Coulter, Inc. .................................... 2,571 131,147 Becton, Dickinson & Co. .................................. 8,969 603,076 Boston Scientific Corp. (a)............................... 58,832 467,714 C.R. Bard, Inc. .......................................... 3,845 306,523 DENTSPLY International, Inc. (b).......................... 5,398 144,936 Edwards Lifesciences Corp. (a)............................ 2,178 132,052 Gen-Probe, Inc. (a)....................................... 2,083 94,943 Hologic, Inc. (a)......................................... 9,887 129,421 IDEXX Laboratories, Inc. (a)(b)........................... 2,302 79,603 Immucor, Inc. (a)......................................... 2,708 68,106 Intuitive Surgical, Inc. (a)(b)........................... 1,515 144,470 Kinetic Concepts, Inc. (a)(b)............................. 1,993 42,092 Medtronic, Inc. .......................................... 44,233 1,303,547 ResMed, Inc. (a).......................................... 2,931 103,582 St. Jude Medical, Inc. (a)................................ 13,650 495,904 Stryker Corp. ............................................ 12,101 411,918 Varian Medical Systems, Inc. (a).......................... 4,818 146,660 Zimmer Holdings, Inc. (a)................................. 8,723 318,390 ------------ 6,362,686 ------------ HEALTH CARE PROVIDERS & SERVICES -- 3.6% Aetna, Inc. .............................................. 18,325 445,847 AmerisourceBergen Corp. .................................. 5,898 192,629 Community Health Systems, Inc. (a)(b)..................... 3,612 55,408 Coventry Health Care, Inc. (a)............................ 5,737 74,237 DaVita, Inc. (a).......................................... 4,043 177,690 Express Scripts, Inc. (Class A) (a)....................... 8,074 372,776 Health Net, Inc. (a)...................................... 4,016 58,152 Henry Schein, Inc. (a)(b)................................. 3,488 139,555 Humana, Inc. (a).......................................... 6,590 171,867 Lincare Holdings, Inc. (a)(b)............................. 2,712 59,122 McKesson Corp. ........................................... 10,893 381,691 Medco Health Solutions, Inc. (a).......................... 19,669 813,116 Omnicare, Inc. ........................................... 4,423 108,319 Patterson Cos., Inc. (a)(b)............................... 4,092 77,175 Quest Diagnostics, Inc. .................................. 5,690 270,161
21 SPDR DOW JONES LARGE CAP GROWTH ETF (FORMERLY SPDR DJ WILSHIRE LARGE CAP GROWTH ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- ---------- ------------ UnitedHealth Group, Inc. ................................. 48,446 $ 1,013,975 WellPoint, Inc. (a)....................................... 19,698 747,933 ------------ 5,159,653 ------------ HEALTH CARE TECHNOLOGY -- 0.1% Cerner Corp. (a)(b)....................................... 2,470 108,606 IMS Health, Inc. ......................................... 7,022 87,564 ------------ 196,170 ------------ HOTELS, RESTAURANTS & LEISURE -- 1.1% Burger King Holdings, Inc. (b)............................ 3,561 81,725 Darden Restaurants, Inc. (b).............................. 4,866 166,709 International Game Technology............................. 11,499 106,021 Las Vegas Sands Corp. (a)(b).............................. 13,617 40,987 Marriott International, Inc. (Class A) (b)................ 11,804 193,113 MGM MIRAGE, Inc. (a)(b)................................... 3,207 7,472 Penn National Gaming, Inc. (a)(b)......................... 2,450 59,168 Starbucks Corp. (a)....................................... 28,287 314,269 Wendy's/Arby's Group, Inc. (Class A)...................... 17,009 85,555 Wynn Resorts, Ltd. (a)(b)................................. 2,823 56,375 Yum! Brands, Inc. ........................................ 18,339 503,956 ------------ 1,615,350 ------------ HOUSEHOLD DURABLES -- 0.1% Garmin, Ltd. (b).......................................... 4,646 98,542 Pulte Homes, Inc. (b)..................................... 8,159 89,178 ------------ 187,720 ------------ HOUSEHOLD PRODUCTS -- 1.0% Church & Dwight Co., Inc. ................................ 2,713 141,700 Colgate-Palmolive Co. .................................... 20,032 1,181,487 Energizer Holdings, Inc. (a)(b)........................... 2,391 118,809 ------------ 1,441,996 ------------ INDEPENDENT POWER PRODUCERS & ENERGY TRADERS -- 0.5% Calpine Corp. (a)(b)...................................... 14,001 95,347 Constellation Energy Group, Inc. ......................... 6,891 142,368 Dynegy, Inc. (Class A) (a)................................ 16,515 23,286 Mirant Corp. (a).......................................... 6,064 69,130 NRG Energy, Inc. (a)...................................... 9,025 158,840 Reliant Energy, Inc. (a).................................. 15,418 49,183 The AES Corp. (a)......................................... 25,853 150,206 ------------ 688,360 ------------ INDUSTRIAL CONGLOMERATES -- 0.1% McDermott International, Inc. (a)......................... 8,781 117,578 ------------ INSURANCE -- 3.2% Berkshire Hathaway, Inc. (Class A) (a).................... 46 3,988,200 Brown & Brown, Inc. ...................................... 4,754 89,898 The Progressive Corp. (a)................................. 24,564 330,140 W.R. Berkley Corp. ....................................... 5,457 123,056 ------------ 4,531,294 ------------ INTERNET & CATALOG RETAIL -- 0.9% Amazon.com, Inc. (a)(b)................................... 12,177 894,279 Expedia, Inc. (a)......................................... 7,719 70,088 Liberty Media Holding Corp. -- Interactive (Series A) (a).......................................... 22,998 66,694 Netflix, Inc. (a)(b)...................................... 1,791 76,870 Priceline.com, Inc. (a)(b)................................ 1,572 123,842 ------------ 1,231,773 ------------ INTERNET SOFTWARE & SERVICES -- 3.2% Akamai Technologies, Inc. (a)(b).......................... 6,541 126,895 eBay, Inc. (a)............................................ 43,481 546,121 Google, Inc. (Class A) (a)................................ 9,036 3,145,070 IAC/InterActiveCorp (a)................................... 3,259 49,635 VeriSign, Inc. (a)(b)..................................... 7,530 142,091 Yahoo!, Inc. (a).......................................... 51,013 653,477 ------------ 4,663,289 ------------ IT SERVICES -- 3.5% Accenture, Ltd. (Class A)................................. 23,170 636,943 Affiliated Computer Services, Inc. (Class A) (a).......... 3,588 171,829 Alliance Data Systems Corp. (a)(b)........................ 2,499 92,338 Automatic Data Processing, Inc. .......................... 20,142 708,193 Broadridge Financial Solutions, Inc. ..................... 5,437 101,183 Cognizant Technology Solutions Corp. (Class A) (a)........ 11,134 231,476 DST Systems, Inc. (a)(b).................................. 1,479 51,203 Fidelity National Information Services, Inc. ............. 7,347 133,715 Fiserv, Inc. (a).......................................... 6,202 226,125 Global Payments, Inc. .................................... 3,090 103,237 Hewitt Associates, Inc. (Class A) (a)..................... 3,227 96,036 ManTech International Corp. (Class A) (a)................. 807 33,813 Mastercard, Inc. (Class A) (b)............................ 3,383 566,585 Metavante Technologies, Inc. (a).......................... 3,455 68,962 Paychex, Inc. ............................................ 12,550 322,159 SAIC, Inc. (a)............................................ 7,851 146,578 The Western Union Co. .................................... 27,713 348,352 Total System Services, Inc. .............................. 7,623 105,274 Visa, Inc. (Class A) (b).................................. 16,954 942,642 ------------ 5,086,643 ------------ LIFE SCIENCES TOOLS & SERVICES -- 1.1% Charles River Laboratories International, Inc. (a)(b)..... 2,630 71,562 Covance, Inc. (a)(b)...................................... 2,470 88,006 Illumina, Inc. (a)(b)..................................... 4,792 178,454 Life Technologies Corp. (a)............................... 6,675 216,804 Millipore Corp. (a)(b).................................... 2,114 121,365 PerkinElmer, Inc. ........................................ 4,586 58,563 Pharmaceutical Product Development, Inc. ................. 4,032 95,639 Techne Corp. ............................................. 1,452 79,439 Thermo Fisher Scientific, Inc. (a)........................ 16,634 593,335 Waters Corp. (a)(b)....................................... 3,868 142,923 ------------ 1,646,090 ------------ MACHINERY -- 2.2% AGCO Corp. (a)............................................ 3,542 69,423 Caterpillar, Inc. (b)..................................... 23,784 665,001 Cummins, Inc. ............................................ 7,078 180,135 Danaher Corp. (b)......................................... 9,772 529,838 Donaldson Co., Inc. (b)................................... 2,613 70,133 Dover Corp. .............................................. 7,202 189,989 Harsco Corp. ............................................. 3,255 72,163 Illinois Tool Works, Inc. ................................ 17,403 536,883 Joy Global, Inc. (b)...................................... 3,955 84,242 Lincoln Electric Holdings, Inc. (b)....................... 1,571 49,785 Navistar International Corp. (a).......................... 2,383 79,735 PACCAR, Inc. (b).......................................... 13,340 343,638 Pall Corp. ............................................... 4,594 93,855 Parker-Hannifin Corp. .................................... 6,242 212,103 ------------ 3,176,923 ------------
22 SPDR DOW JONES LARGE CAP GROWTH ETF (FORMERLY SPDR DJ WILSHIRE LARGE CAP GROWTH ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- ---------- ------------ MEDIA -- 4.4% Cablevision Systems Corp. (Class A)....................... 8,964 $ 115,994 Clear Channel Outdoor Holdings, Inc. (Class A) (a)(b)..... 1,222 4,485 Comcast Corp. (Class A)................................... 113,320 1,545,685 Discovery Communications, Inc. (Series A) (a)............. 10,848 173,785 DISH Network Corp. (Class A) (a).......................... 8,179 90,869 Interactive Data Corp. ................................... 1,391 34,580 John Wiley & Sons, Inc. (Class A)......................... 1,961 58,399 Liberty Global, Inc. (Series A) (a)(b).................... 11,346 165,198 Liberty Media Corp. -- Entertainment (Series A) (a)....... 20,539 409,753 Marvel Entertainment, Inc. (a)............................ 2,010 53,365 Omnicom Group, Inc. (b)................................... 12,036 281,642 Scripps Networks Interactive (Class A) (b)................ 3,217 72,415 The DIRECTV Group, Inc. (a)............................... 21,696 494,452 The Interpublic Group of Cos., Inc. (a)................... 18,453 76,026 The McGraw-Hill Cos., Inc. ............................... 12,418 284,000 The Walt Disney Co. ...................................... 68,327 1,240,818 Time Warner Cable, Inc. (b)............................... 13,693 339,586 Time Warner, Inc. ........................................ 46,989 906,888 ------------ 6,347,940 ------------ METALS & MINING -- 1.7% Allegheny Technologies, Inc. (b).......................... 3,424 75,088 Cliffs Natural Resources, Inc. ........................... 4,396 79,832 Compass Minerals International, Inc. ..................... 1,255 70,744 Freeport-McMoRan Copper & Gold, Inc. ..................... 15,999 609,722 Newmont Mining Corp. ..................................... 18,850 843,726 Nucor Corp. .............................................. 11,319 432,046 Reliance Steel & Aluminum Co. ............................ 2,481 65,325 Southern Copper Corp. (b)................................. 8,406 146,433 Steel Dynamics, Inc. (b).................................. 6,856 60,401 ------------ 2,383,317 ------------ MULTI-UTILITIES -- 0.1% MDU Resources Group, Inc. ................................ 6,514 105,136 ------------ MULTILINE RETAIL -- 1.4% Dollar Tree Stores, Inc. (a).............................. 3,485 155,257 Family Dollar Stores, Inc. (b)............................ 5,132 171,255 J. C. Penney Co., Inc. (b)................................ 7,544 151,408 Kohl's Corp. (a).......................................... 11,398 482,363 Nordstrom, Inc. (b)....................................... 6,957 116,530 Target Corp. ............................................. 26,980 927,842 ------------ 2,004,655 ------------ OFFICE ELECTRONICS -- 0.1% Xerox Corp. .............................................. 33,780 153,699 ------------ OIL, GAS & CONSUMABLE FUELS -- 6.1% Alpha Natural Resources, Inc. (a)......................... 2,723 48,333 Anadarko Petroleum Corp. ................................. 18,133 705,192 Arch Coal, Inc. .......................................... 5,298 70,834 Cabot Oil & Gas Corp. .................................... 3,977 93,738 Chesapeake Energy Corp. .................................. 24,098 411,112 Cimarex Energy Co. (b).................................... 3,035 55,783 CNX Gas Corp. (a)(b)...................................... 923 21,884 Concho Resources, Inc. (a)................................ 2,414 61,774 CONSOL Energy, Inc. ...................................... 7,109 179,431 Continental Resources, Inc. (a)(b)........................ 1,464 31,052 Denbury Resources, Inc. (a)............................... 9,460 140,576 Energy Transfer Equity LP................................. 7,678 162,236 EOG Resources, Inc. ...................................... 9,776 535,334 EXCO Resources, Inc. (a).................................. 6,618 66,180 Hess Corp. ............................................... 11,666 632,297 Kinder Morgan Management, LLC............................. 2,873 117,104 Murphy Oil Corp. ......................................... 7,349 329,015 Noble Energy, Inc. ....................................... 6,610 356,147 Occidental Petroleum Corp. ............................... 31,851 1,772,508 Peabody Energy Corp. ..................................... 10,326 258,563 Petrohawk Energy Corp. (a)(b)............................. 10,629 204,396 Plains Exploration & Production Co. (a)................... 4,517 77,828 Quicksilver Resources, Inc. (a)(b)........................ 5,536 30,669 Range Resources Corp. .................................... 5,977 246,013 Southwestern Energy Co. (a)(b)............................ 13,577 403,101 Sunoco, Inc. (b).......................................... 4,554 120,590 Tesoro Corp. (b).......................................... 5,292 71,283 The Williams Cos., Inc. .................................. 22,318 253,979 Ultra Petroleum Corp. (a)................................. 5,885 211,213 Valero Energy Corp. ...................................... 19,985 357,732 Whiting Petroleum Corp. (a)............................... 1,955 50,537 XTO Energy, Inc. ......................................... 22,786 697,707 ------------ 8,774,141 ------------ PERSONAL PRODUCTS -- 0.3% Avon Products, Inc. ...................................... 16,528 317,833 The Estee Lauder Cos., Inc. (Class A) (b)................. 4,360 107,474 ------------ 425,307 ------------ PHARMACEUTICALS -- 0.5% Allergan, Inc. ........................................... 12,177 581,573 Endo Pharmaceuticals Holdings, Inc. (a)(b)................ 4,242 74,999 Perrigo Co. .............................................. 3,277 81,368 Warner Chilcott, Ltd. (Class A) (a)....................... 3,280 34,506 ------------ 772,446 ------------ PROFESSIONAL SERVICES -- 0.5% Equifax, Inc. ............................................ 4,892 119,609 FTI Consulting, Inc. (a)(b)............................... 1,969 97,426 IHS, Inc. (Class A) (a)................................... 1,842 75,854 Manpower, Inc. ........................................... 3,019 95,189 Robert Half International, Inc. (b)....................... 5,862 104,520 The Dun & Bradstreet Corp. ............................... 2,088 160,776 Watson Wyatt Worldwide, Inc. (Class A).................... 1,641 81,016 ------------ 734,390 ------------ REAL ESTATE INVESTMENT TRUSTS -- 0.6% Digital Realty Trust, Inc. (b)............................ 2,714 90,050 Public Storage............................................ 4,979 275,090 Simon Property Group, Inc. (b)............................ 9,201 318,723 Ventas, Inc. (b).......................................... 5,533 125,101 ------------ 808,964 ------------ ROAD & RAIL -- 0.1% Hertz Global Holdings, Inc. (a)(b)........................ 4,240 16,663 J.B. Hunt Transport Services, Inc. (b).................... 4,305 103,794 ------------ 120,457 ------------ SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT -- 2.9% Advanced Micro Devices, Inc. (a)(b)....................... 23,572 71,895 Altera Corp. (b).......................................... 11,610 203,755 Analog Devices, Inc. ..................................... 11,236 216,518 Applied Materials, Inc. (b)............................... 53,128 571,126 Broadcom Corp. (Class A) (a)(b)........................... 16,440 328,471 Cree, Inc. (a)(b)......................................... 3,115 73,296 Intersil Corp. (Class A).................................. 4,794 55,131
23 SPDR DOW JONES LARGE CAP GROWTH ETF (FORMERLY SPDR DJ WILSHIRE LARGE CAP GROWTH ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- ---------- ------------ KLA-Tencor Corp. (b)...................................... 6,540 $ 130,800 Lam Research Corp. (a)(b)................................. 4,840 110,207 Linear Technology Corp. (b)............................... 7,985 183,495 LSI Logic Corp. (a)....................................... 24,983 75,948 Marvell Technology Group, Ltd. (a)........................ 18,649 170,825 Maxim Integrated Products, Inc. .......................... 12,242 161,717 MEMC Electronic Materials, Inc. (a)....................... 8,749 144,271 Microchip Technology, Inc. (b)............................ 7,044 149,262 Micron Technology, Inc. (a)(b)............................ 29,579 120,091 National Semiconductor Corp. (b).......................... 8,883 91,228 NVIDIA Corp. (a)(b)....................................... 20,800 205,088 ON Semiconductor Corp. (a)................................ 15,762 61,472 Texas Instruments, Inc. .................................. 51,180 844,982 Varian Semiconductor Equipment Associates, Inc. (a)(b).... 2,812 60,908 Xilinx, Inc. (b).......................................... 10,706 205,127 ------------ 4,235,613 ------------ SOFTWARE -- 8.2% Activision Blizzard, Inc. (a)............................. 22,901 239,544 Adobe Systems, Inc. (a)................................... 20,814 445,211 Ansys, Inc. (a)........................................... 3,474 87,197 Autodesk, Inc. (a)........................................ 8,763 147,306 BMC Software, Inc. (a).................................... 7,151 235,983 CA, Inc. ................................................. 15,939 280,686 Citrix Systems, Inc. (a).................................. 7,035 159,272 Electronic Arts, Inc. (a)................................. 12,463 226,702 Factset Research Systems, Inc. (b)........................ 1,679 83,933 Intuit, Inc. (a).......................................... 11,403 307,881 McAfee, Inc. (a)(b)....................................... 5,859 196,277 Microsoft Corp. .......................................... 310,512 5,704,105 Nuance Communications, Inc. (a)(b)........................ 8,453 91,800 Oracle Corp. (a).......................................... 152,222 2,750,652 Red Hat, Inc. (a)......................................... 7,383 131,713 Salesforce.com, Inc. (a)(b)............................... 3,994 130,724 Sybase, Inc. (a).......................................... 3,140 95,111 Symantec Corp. (a)........................................ 32,578 486,715 VMware, Inc. (Class A) (a)(b)............................. 1,504 35,525 ------------ 11,836,337 ------------ SPECIALTY RETAIL -- 4.4% Abercrombie & Fitch Co. (Class A) (b)..................... 3,375 80,325 Advance Auto Parts, Inc. ................................. 3,660 150,353 American Eagle Outfitters, Inc. .......................... 6,634 81,200 AutoZone, Inc. (a)(b)..................................... 1,340 217,911 Bed Bath & Beyond, Inc. (a)(b)............................ 10,145 251,089 Best Buy Co., Inc. (b).................................... 13,330 506,007 CarMax, Inc. (a)(b)....................................... 8,210 102,132 GameStop Corp. (Class A) (a).............................. 5,909 165,570 Guess ?, Inc. ............................................ 2,347 49,475 Lowe's Cos., Inc. ........................................ 57,657 1,052,240 O'Reilly Automotive, Inc. (a)(b).......................... 5,183 181,457 PetSmart, Inc. ........................................... 4,931 103,354 Ross Stores, Inc. ........................................ 5,011 179,795 Staples, Inc. ............................................ 28,040 507,804 The Gap, Inc. ............................................ 20,085 260,904 The Home Depot, Inc. (b).................................. 66,839 1,574,727 The Sherwin-Williams Co. ................................. 3,828 198,941 The TJX Cos., Inc. ....................................... 16,668 427,367 Tiffany & Co. (b)......................................... 4,803 103,553 Urban Outfitters, Inc. (a)(b)............................. 4,448 72,814 ------------ 6,267,018 ------------ TEXTILES, APPAREL & LUXURY GOODS -- 0.6% Coach, Inc. (a)........................................... 12,433 207,631 NIKE, Inc. (Class B)...................................... 10,658 499,753 Polo Ralph Lauren Corp. (b)............................... 2,179 92,063 ------------ 799,447 ------------ THRIFTS & MORTGAGE FINANCE -- 0.2% Hudson City Bancorp, Inc. ................................ 18,661 218,147 TFS Financial Corp. (b)................................... 3,638 44,129 ------------ 262,276 ------------ TRADING COMPANIES & DISTRIBUTORS -- 0.2% Fastenal Co. (b).......................................... 5,389 173,283 MSC Industrial Direct Co., Inc. (Class A)................. 1,673 51,980 ------------ 225,263 ------------ WIRELESS TELECOMMUNICATION SERVICES -- 0.9% American Tower Corp. (Class A) (a)........................ 15,710 478,055 Clearwire Corp. (Class A) (a)(b).......................... 2,741 14,116 Crown Castle International Corp. (a)(b)................... 9,422 192,303 Leap Wireless International, Inc. (a)(b).................. 2,074 72,320 MetroPCS Communications, Inc. (a)(b)...................... 9,522 162,636 NII Holdings, Inc. (a).................................... 6,417 96,255 SBA Communications Corp. (Class A) (a)(b)................. 4,515 105,200 Telephone & Data Systems, Inc. ........................... 3,973 105,324 US Cellular Corp. (a)..................................... 606 20,204 ------------ 1,246,413 ------------ TOTAL COMMON STOCKS -- (Cost $215,789,248)............... 143,169,401 ------------ SHORT TERM INVESTMENTS -- 8.3% MONEY MARKET FUNDS -- 8.3% State Street Navigator Securities Lending Prime Portfolio (c)(d)........................................ 11,867,281 11,867,281 STIC Prime Portfolio...................................... 100 100 ------------ TOTAL SHORT TERM INVESTMENTS -- (Cost $11,867,381)...................................... 11,867,381 ------------ TOTAL INVESTMENTS -- 107.9% (Cost $227,656,629)........... 155,036,782 OTHER ASSETS AND LIABILITIES -- (7.9)%.................... (11,360,855) ------------ NET ASSETS -- 100.0%...................................... $143,675,927 ============
(a) Non-income producing security. (b) Security, or portion thereof, was on loan at March 31, 2009. (c) Investments of cash collateral for securities loaned. (d) Affiliated Fund managed by SSgA Funds Management, Inc. 24 SPDR DOW JONES LARGE CAP VALUE ETF (FORMERLY SPDR DJ WILSHIRE LARGE CAP VALUE ETF) SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ----------- COMMON STOCKS -- 99.6% AEROSPACE & DEFENSE -- 4.0% Alliant Techsystems, Inc. (a).......................... 718 $ 48,092 Boeing Co. ............................................ 13,623 484,706 General Dynamics Corp. ................................ 6,774 281,731 Goodrich Corp. ........................................ 2,591 98,173 Honeywell International, Inc. ......................... 13,949 388,619 L-3 Communications Holdings, Inc. ..................... 2,464 167,059 Lockheed Martin Corp. ................................. 6,671 460,499 Northrop Grumman Corp. ................................ 6,276 273,885 Raytheon Co. .......................................... 8,673 337,727 United Technologies Corp. ............................. 18,269 785,201 ----------- 3,325,692 ----------- AIR FREIGHT & LOGISTICS -- 0.8% United Parcel Service, Inc. (Class B).................. 13,436 661,320 ----------- AIRLINES -- 0.1% Delta Air Lines, Inc. (a).............................. 14,617 82,294 ----------- AUTO COMPONENTS -- 0.2% Johnson Controls, Inc. ................................ 12,159 145,908 ----------- AUTOMOBILES -- 0.1% General Motors Corp. (b)............................... 10,768 20,890 Harley-Davidson, Inc. (b).............................. 4,825 64,607 ----------- 85,497 ----------- BEVERAGES -- 2.8% Coca-Cola Enterprises, Inc. ........................... 6,515 85,933 Constellation Brands, Inc. (Class A) (a)............... 4,004 47,648 Dr. Pepper Snapple Group, Inc. (a)..................... 5,177 87,543 Molson Coors Brewing Co. (Class B)..................... 3,029 103,834 PepsiAmericas, Inc. ................................... 1,234 21,286 The Coca-Cola Co. ..................................... 44,280 1,946,106 The Pepsi Bottling Group, Inc. ........................ 2,773 61,394 ----------- 2,353,744 ----------- BUILDING PRODUCTS -- 0.1% Masco Corp. ........................................... 6,963 48,602 ----------- CAPITAL MARKETS -- 3.1% AllianceBernstein Holding LP (b)....................... 738 10,863 Ameriprise Financial, Inc. ............................ 4,445 91,078 Federated Investors, Inc. (Class B) (b)................ 2,005 44,631 Legg Mason, Inc. (b)................................... 3,214 51,103 Morgan Stanley......................................... 20,408 464,690 Och-Ziff Capital Management Group LLC (Class A) (b).... 748 4,540 State Street Corp. (c)................................. 8,918 274,496 The Bank of New York Mellon Corp. ..................... 23,638 667,774 The Goldman Sachs Group, Inc. ......................... 8,776 930,432 ----------- 2,539,607 ----------- CHEMICALS -- 1.5% Air Products & Chemicals, Inc. ........................ 4,076 229,275 CF Industries Holdings, Inc. .......................... 1,209 85,996 E. I. du Pont de Nemours & Co. ........................ 18,710 417,794 Eastman Chemical Co. .................................. 1,596 42,773 FMC Corp. ............................................. 1,537 66,306 International Flavors & Fragrances, Inc. (b)........... 1,523 46,391 Intrepid Potash, Inc. (a)(b)........................... 718 13,247 Lubrizol Corp. ........................................ 1,330 45,233 PPG Industries, Inc. .................................. 3,436 126,788 The Dow Chemical Co. .................................. 19,290 162,615 The Scotts Miracle-Gro Co. (Class A) (b)............... 924 32,063 ----------- 1,268,481 ----------- COMMERCIAL BANKS -- 3.2% BB&T Corp. (b)......................................... 11,390 192,719 BOK Financial Corp. (b)................................ 412 14,235 City National Corp. (b)................................ 945 31,913 Comerica, Inc. (b)..................................... 3,107 56,889 Commerce Bancshares, Inc. ............................. 1,397 50,711 Cullen/Frost Bankers, Inc. (b)......................... 1,130 53,042 Keycorp................................................ 10,229 80,502 M&T Bank Corp. (b)..................................... 1,624 73,470 PNC Financial Services Group, Inc. (b)................. 9,011 263,932 Regions Financial Corp. (b)............................ 14,323 61,016 SunTrust Banks, Inc. (b)............................... 7,301 85,714 U.S. Bancorp........................................... 35,936 525,025 Wells Fargo & Co. ..................................... 83,731 1,192,329 ----------- 2,681,497 ----------- COMMERCIAL SERVICES & SUPPLIES -- 0.4% Avery Dennison Corp. (b)............................... 2,140 47,808 Pitney Bowes, Inc. .................................... 4,312 100,685 R.R. Donnelley & Sons Co. (b).......................... 4,863 35,646 Republic Services, Inc. ............................... 6,440 110,446 ----------- 294,585 ----------- COMPUTERS & PERIPHERALS -- 3.4% International Business Machines Corp. ................. 28,172 2,729,585 Lexmark International, Inc. (Class A) (a).............. 1,829 30,855 Seagate Technology (b)................................. 10,977 65,972 ----------- 2,826,412 ----------- CONSTRUCTION & ENGINEERING -- 0.1% URS Corp. (a)(b)....................................... 1,761 71,162 ----------- CONSUMER FINANCE -- 0.5% American Express Co. .................................. 21,555 293,795 Capital One Financial Corp. (b)........................ 8,086 98,973 SLM Corp. (a)(b)....................................... 8,828 43,698 ----------- 436,466 ----------- CONTAINERS & PACKAGING -- 0.2% Aptargroup, Inc. ...................................... 1,334 41,541 Bemis Co., Inc. ....................................... 2,093 43,890 Owens-Illinois, Inc. (a)............................... 3,429 49,515 Sonoco Products Co. ................................... 1,908 40,030 ----------- 174,976 ----------- DISTRIBUTORS -- 0.1% Genuine Parts Co. ..................................... 3,249 97,015 ----------- DIVERSIFIED CONSUMER SERVICES -- 0.2% H&R Block, Inc. ....................................... 6,981 126,984 Weight Watchers International, Inc. (b)................ 719 13,338 ----------- 140,322 ----------- DIVERSIFIED FINANCIAL SERVICES -- 3.9% Bank of America Corp. ................................. 133,210 908,492 Citigroup, Inc. (b).................................... 113,087 286,110 JPMorgan Chase & Co. .................................. 77,661 2,064,230 ----------- 3,258,832 ----------- DIVERSIFIED TELECOMMUNICATION SERVICES -- 6.3% AT&T, Inc. ............................................ 123,665 3,116,358 CenturyTel, Inc. (b)................................... 2,070 58,208 Embarq Corp. .......................................... 2,905 109,954 Frontier Communications Corp. ......................... 5,921 42,513 Qwest Communications International, Inc. (b)........... 28,794 98,476 Verizon Communications, Inc. .......................... 59,562 1,798,772 ----------- 5,224,281 -----------
25 SPDR DOW JONES LARGE CAP VALUE ETF (FORMERLY SPDR DJ WILSHIRE LARGE CAP VALUE ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ----------- ELECTRIC UTILITIES -- 4.3% American Electric Power Co., Inc. ..................... 8,403 $ 212,260 DPL, Inc. (b).......................................... 2,256 50,850 Duke Energy Corp. ..................................... 26,093 373,652 Edison International................................... 6,241 179,803 Entergy Corp. ......................................... 3,955 269,296 Exelon Corp. .......................................... 13,743 623,795 FirstEnergy Corp. ..................................... 6,371 245,921 FPL Group, Inc. ....................................... 7,812 396,303 Northeast Utilities.................................... 3,599 77,702 NV Energy, Inc. ....................................... 4,825 45,307 Pepco Holdings, Inc. .................................. 4,472 55,810 Pinnacle West Capital Corp. (b)........................ 2,038 54,129 PPL Corp. ............................................. 7,731 221,957 Progress Energy, Inc. ................................. 5,463 198,088 The Southern Co. (b)................................... 16,211 496,381 Westar Energy, Inc. ................................... 2,258 39,583 ----------- 3,540,837 ----------- ELECTRICAL EQUIPMENT -- 0.1% Hubbell, Inc. (Class B) (b)............................ 1,244 33,538 Rockwell Automation, Inc. (b).......................... 2,617 57,155 ----------- 90,693 ----------- ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS -- 0.2% Ingram Micro, Inc. (Class A) (a)....................... 3,326 42,040 Tyco Electronics, Ltd. ................................ 9,445 104,273 ----------- 146,313 ----------- ENERGY EQUIPMENT & SERVICES -- 0.0% (d) Tidewater, Inc. (b).................................... 1,028 38,170 ----------- FOOD & STAPLES RETAILING -- 0.6% Safeway, Inc. ......................................... 8,909 179,873 SUPERVALU, Inc. ....................................... 4,339 61,961 The Kroger Co. ........................................ 12,636 268,136 ----------- 509,970 ----------- FOOD PRODUCTS -- 2.8% Bunge, Ltd. (b)........................................ 2,500 141,625 Campbell Soup Co. ..................................... 4,631 126,704 ConAgra Foods, Inc. ................................... 9,300 156,891 General Mills, Inc. ................................... 6,460 322,225 H.J. Heinz Co. ........................................ 6,484 214,361 Hormel Foods Corp. (b)................................. 1,467 46,519 Kellogg Co. ........................................... 4,930 180,586 Kraft Foods, Inc. ..................................... 27,989 623,875 McCormick & Co., Inc. ................................. 2,435 72,003 Ralcorp Holdings, Inc. (a)............................. 1,130 60,884 Sara Lee Corp. ........................................ 13,645 110,252 Smithfield Foods, Inc. (a)(b).......................... 2,966 28,058 The Hershey Co. (b).................................... 3,300 114,675 The J.M. Smucker Co. .................................. 2,463 91,796 Tyson Foods, Inc. (Class A) (b)........................ 5,998 56,321 ----------- 2,346,775 ----------- GAS UTILITIES -- 0.3% AGL Resources, Inc. ................................... 1,541 40,883 Atmos Energy Corp. .................................... 1,849 42,749 National Fuel Gas Co. (b).............................. 1,413 43,337 Piedmont Natural Gas Co., Inc. ........................ 1,437 37,204 UGI Corp. ............................................. 2,258 53,311 ----------- 217,484 ----------- HEALTH CARE EQUIPMENT & SUPPLIES -- 0.6% Covidien, Ltd. ........................................ 10,470 348,023 Hospira, Inc. (a)...................................... 3,291 101,560 Inverness Medical Innovations, Inc. (a)(b)............. 1,541 41,037 Teleflex, Inc. ........................................ 821 32,093 ----------- 522,713 ----------- HEALTH CARE PROVIDERS & SERVICES -- 0.6% Cardinal Health, Inc. ................................. 7,391 232,669 CIGNA Corp. ........................................... 5,572 98,011 Laboratory Corp. of America Holdings (a)(b)............ 2,259 132,129 Universal Health Services, Inc. (Class B).............. 1,104 42,327 ----------- 505,136 ----------- HOTELS, RESTAURANTS & LEISURE -- 1.8% Carnival Corp. ........................................ 8,791 189,886 McDonald's Corp. ...................................... 23,184 1,265,151 Royal Caribbean Cruises, Ltd. (b)...................... 2,956 23,677 Starwood Hotels & Resorts Worldwide, Inc. (b).......... 3,490 44,323 ----------- 1,523,037 ----------- HOUSEHOLD DURABLES -- 0.6% D.R. Horton, Inc. (b).................................. 5,336 51,759 Fortune Brands, Inc. .................................. 3,077 75,540 Leggett & Platt, Inc. (b).............................. 2,920 37,931 Mohawk Industries, Inc. (a)(b)......................... 1,230 36,740 Newell Rubbermaid, Inc. ............................... 5,162 32,933 NVR, Inc. (a)(b)....................................... 116 49,619 The Black & Decker Corp. (b)........................... 1,394 43,995 The Stanley Works (b).................................. 1,799 52,387 Toll Brothers, Inc. (a)................................ 2,670 48,487 Whirlpool Corp. (b).................................... 1,425 42,166 ----------- 471,557 ----------- HOUSEHOLD PRODUCTS -- 4.1% Kimberly-Clark Corp. .................................. 8,634 398,114 Procter & Gamble Co. .................................. 60,868 2,866,274 The Clorox Co. ........................................ 2,874 147,953 ----------- 3,412,341 ----------- INDUSTRIAL CONGLOMERATES -- 3.5% 3M Co. ................................................ 13,325 662,519 General Electric Co. .................................. 219,828 2,222,461 Icahn Enterprises LP................................... 3 78 Textron, Inc. (b)...................................... 5,580 32,029 ----------- 2,917,087 ----------- INSURANCE -- 4.2% AFLAC, Inc. ........................................... 9,649 186,805 Alleghany Corp. (a).................................... 105 28,453 Allied World Assurance Company Holdings, Ltd. ......... 719 27,344 American Financial Group, Inc. ........................ 1,541 24,733 American International Group, Inc. (b)................. 48,704 48,704 AON Corp. ............................................. 4,907 200,304 Arch Capital Group, Ltd. (a)........................... 1,057 56,930 Assurant, Inc. ........................................ 2,297 50,029 Axis Capital Holdings, Ltd. ........................... 2,876 64,825 Chubb Corp. ........................................... 7,353 311,179 Cincinnati Financial Corp. (b)......................... 3,117 71,286 CNA Financial Corp. (b)................................ 631 5,780 Everest Re Group, Ltd. (b)............................. 1,171 82,907 Fidelity National Financial, Inc. (Class A)............ 4,330 84,478 First American Corp. .................................. 1,644 43,582 Hartford Financial Services Group, Inc. ............... 7,005 54,989 HCC Insurance Holdings, Inc. .......................... 2,361 59,474
26 SPDR DOW JONES LARGE CAP VALUE ETF (FORMERLY SPDR DJ WILSHIRE LARGE CAP VALUE ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ----------- Lincoln National Corp. (b)............................. 4,811 $ 32,186 Loews Corp. ........................................... 7,317 161,706 Markel Corp. (a)(b).................................... 231 65,576 Marsh & McLennan Cos., Inc. ........................... 10,653 215,723 MetLife, Inc. ......................................... 10,487 238,789 Odyssey Re Holdings Corp. ............................. 309 11,720 Old Republic International Corp. (b)................... 5,203 56,296 PartnerRe, Ltd. ....................................... 1,095 67,967 Principal Financial Group, Inc. (b).................... 5,575 45,604 Prudential Financial, Inc. ............................ 8,806 167,490 Reinsurance Group of America, Inc. .................... 1,233 39,937 RenaissanceRe Holdings, Ltd. .......................... 1,221 60,366 The Allstate Corp. .................................... 11,155 213,618 The Hanover Insurance Group, Inc. ..................... 1,028 29,627 The Travelers Cos., Inc. .............................. 12,194 495,564 Torchmark Corp. (b).................................... 1,722 45,168 Transatlantic Holdings, Inc. .......................... 640 22,829 Unum Group (b)......................................... 6,812 85,150 Wesco Financial Corp. ................................. 1 276 White Mountains Insurance Group, Ltd. ................. 187 32,147 ----------- 3,489,541 ----------- IT SERVICES -- 0.2% Computer Sciences Corp. (a)............................ 3,110 114,572 Lender Processing Services, Inc. ...................... 1,900 58,159 ----------- 172,731 ----------- LEISURE EQUIPMENT & PRODUCTS -- 0.2% Hasbro, Inc. .......................................... 2,545 63,803 Mattel, Inc. .......................................... 7,413 85,472 ----------- 149,275 ----------- MACHINERY -- 0.8% Deere & Co. ........................................... 8,725 286,791 Eaton Corp. ........................................... 3,402 125,398 Flowserve Corp. ....................................... 1,140 63,977 Ingersoll-Rand Co., Ltd. (Class A)..................... 6,562 90,555 Pentair, Inc. ......................................... 1,915 41,498 SPX Corp. ............................................. 1,073 50,442 ----------- 658,661 ----------- MEDIA -- 0.8% CBS Corp. (b).......................................... 12,482 47,931 DreamWorks Animation SKG, Inc. (Class A) (a)........... 1,131 24,475 News Corp. (Class A)................................... 48,141 318,693 The Washington Post Co. ............................... 129 46,066 Viacom, Inc. (a)....................................... 11,188 194,447 Virgin Media, Inc. (b)................................. 5,956 28,589 ----------- 660,201 ----------- METALS & MINING -- 0.2% Alcoa, Inc. (b)........................................ 20,167 148,026 United States Steel Corp. (b).......................... 2,345 49,550 ----------- 197,576 ----------- MULTI-UTILITIES -- 2.9% Alliant Energy Corp. .................................. 2,227 54,985 Ameren Corp. .......................................... 4,350 100,877 CenterPoint Energy, Inc. .............................. 6,354 66,272 CMS Energy Corp. (b)................................... 4,597 54,428 Consolidated Edison, Inc. ............................. 5,648 223,717 Dominion Resources, Inc. (b)........................... 12,060 373,739 DTE Energy Co. ........................................ 3,396 94,069 Integrys Energy Group, Inc. ........................... 1,764 45,935 NiSource, Inc. ........................................ 5,634 55,213 NSTAR (b).............................................. 2,193 69,913 OGE Energy Corp. ...................................... 1,951 46,473 PG&E Corp. ............................................ 7,563 289,058 Public Service Enterprise Group, Inc. ................. 10,572 311,557 SCANA Corp. ........................................... 2,265 69,966 Sempra Energy.......................................... 4,742 219,270 TECO Energy, Inc. (b).................................. 4,456 49,684 Vectren Corp. ......................................... 1,643 34,651 Wisconsin Energy Corp. ................................ 2,442 100,537 Xcel Energy, Inc. ..................................... 9,282 172,924 ----------- 2,433,268 ----------- MULTILINE RETAIL -- 0.2% Macy's, Inc. (b)....................................... 8,637 76,869 Sears Holdings Corp. (a)(b)............................ 1,244 56,863 ----------- 133,732 ----------- OIL, GAS & CONSUMABLE FUELS -- 16.0% Apache Corp. .......................................... 6,929 444,080 Boardwalk Pipeline Partners LP (b)..................... 1,170 26,208 Buckeye Partners LP.................................... 1,026 36,587 Chevron Corp. ......................................... 41,703 2,804,110 ConocoPhillips......................................... 28,686 1,123,344 Devon Energy Corp. .................................... 8,682 387,999 El Paso Corp. ......................................... 14,562 91,013 Enbridge Energy Partners LP (b)........................ 1,479 44,266 Energy Transfer Partners LP (b)........................ 2,025 74,702 Enterprise GP Holdings LP (b).......................... 833 18,842 Enterprise Products Partners LP (b).................... 6,019 133,923 Exxon Mobil Corp. ..................................... 102,675 6,992,167 Forest Oil Corp. (a)(b)................................ 1,833 24,104 Kinder Morgan Energy Partners LP (b)................... 3,490 163,053 Magellan Midstream Partners LP (b)..................... 1,336 39,238 Marathon Oil Corp. .................................... 14,776 388,461 Newfield Exploration Co. (a)(b)........................ 2,670 60,609 NuStar Energy LP....................................... 823 37,949 ONEOK Partners LP (b).................................. 1,139 46,300 Pioneer Natural Resources Co. (b)...................... 2,171 35,756 Plains All American Pipeline LP (b).................... 2,197 80,762 Spectra Energy Corp. .................................. 13,275 187,708 TEPPCO Partners LP..................................... 1,746 39,547 ----------- 13,280,728 ----------- PAPER & FOREST PRODUCTS -- 0.3% International Paper Co. (b)............................ 8,868 62,431 MeadWestvaco Corp. (b)................................. 3,743 44,878 Weyerhaeuser Co. (b)................................... 4,363 120,288 ----------- 227,597 ----------- PERSONAL PRODUCTS -- 0.1% Alberto-Culver Co. .................................... 1,747 39,500 Mead Johnson Nutrition Co. (Class A) (a)............... 713 20,584 ----------- 60,084 ----------- PHARMACEUTICALS -- 13.9% Abbott Laboratories.................................... 32,039 1,528,260 Bristol-Myers Squibb Co. .............................. 40,967 897,997 Eli Lilly & Co. ....................................... 20,067 670,438 Forest Laboratories, Inc. (a).......................... 6,261 137,492 Johnson & Johnson...................................... 57,580 3,028,708 King Pharmaceuticals, Inc. (a)......................... 5,032 35,576 Merck & Co., Inc. ..................................... 44,000 1,177,000 Mylan, Inc. (a)(b)..................................... 6,262 83,973 Pfizer, Inc. .......................................... 140,369 1,911,826 Schering-Plough Corp. ................................. 33,667 792,858
27 SPDR DOW JONES LARGE CAP VALUE ETF (FORMERLY SPDR DJ WILSHIRE LARGE CAP VALUE ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ----------- Watson Pharmaceuticals, Inc. (a)(b).................... 2,156 $ 67,073 Wyeth.................................................. 27,813 1,197,072 ----------- 11,528,273 ----------- REAL ESTATE INVESTMENT TRUSTS -- 1.5% AMB Property Corp. (b)................................. 2,894 41,674 Annaly Capital Management, Inc. ....................... 11,170 154,928 Avalonbay Communities, Inc. (b)........................ 1,673 78,731 Boston Properties, Inc. (b)............................ 2,460 86,174 Equity Residential (b)................................. 5,586 102,503 Federal Realty Investment Trust (b).................... 1,190 54,740 General Growth Properties, Inc. (b).................... 5,700 4,047 HCP, Inc. (b).......................................... 5,204 92,891 Health Care REIT, Inc. (b)............................. 2,365 72,345 Host Hotels & Resorts, Inc. (b)........................ 12,081 47,358 Kimco Realty Corp. (b)................................. 5,108 38,923 Liberty Property Trust................................. 2,194 41,554 Nationwide Health Properties, Inc. (b)................. 2,055 45,600 Plum Creek Timber Co., Inc. (b)........................ 3,485 101,309 ProLogis (b)........................................... 6,087 39,566 Rayonier, Inc. (b)..................................... 1,522 45,995 Realty Income Corp. (b)................................ 2,156 40,576 Regency Centers Corp. (b).............................. 1,549 41,157 Vornado Realty Trust (b)............................... 3,042 101,116 ----------- 1,231,187 ----------- REAL ESTATE MANAGEMENT & DEVELOPMENT -- 0.1% Brookfield Properties Corp. ........................... 4,109 23,586 The St. Joe Co. (a)(b)................................. 1,849 30,952 ----------- 54,538 ----------- ROAD & RAIL -- 1.6% Burlington Northern Santa Fe Corp. .................... 5,721 344,118 CSX Corp. ............................................. 8,314 214,917 Kansas City Southern (a)(b)............................ 2,115 26,881 Norfolk Southern Corp. (b)............................. 7,596 256,365 Ryder Systems, Inc. ................................... 1,307 37,001 Union Pacific Corp. ................................... 10,506 431,902 ----------- 1,311,184 ----------- SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT -- 2.1% Intel Corp. ........................................... 115,766 1,742,278 ----------- SOFTWARE -- 0.1% Synopsys, Inc. (a)..................................... 2,953 61,216 ----------- SPECIALTY RETAIL -- 0.1% Limited Brands, Inc. .................................. 5,636 49,033 ----------- TEXTILES, APPAREL & LUXURY GOODS -- 0.1% V. F. Corp. (b)........................................ 1,754 100,171 ----------- THRIFTS & MORTGAGE FINANCE -- 0.2% Capitol Federal Financial (b).......................... 411 15,540 New York Community Bancorp, Inc. (b)................... 7,103 79,341 People's United Financial, Inc. ....................... 3,528 63,398 ----------- 158,279 ----------- TOBACCO -- 3.0% Altria Group, Inc. .................................... 42,844 686,361 Lorillard, Inc. ....................................... 3,515 217,016 Philip Morris International, Inc. ..................... 42,115 1,498,452 Reynolds American, Inc. ............................... 3,461 124,042 ----------- 2,525,871 ----------- TRADING COMPANIES & DISTRIBUTORS -- 0.1% W.W. Grainger, Inc. (b)................................ 1,334 93,620 ----------- WATER UTILITIES -- 0.1% American Water Works Co., Inc. (b)..................... 1,346 25,897 Aqua America, Inc. .................................... 2,772 55,440 ----------- 81,337 ----------- WIRELESS TELECOMMUNICATION SERVICES -- 0.3% Sprint Nextel Corp. (a)................................ 59,073 210,891 ----------- TOTAL COMMON STOCKS -- (Cost $122,585,875).................................. 82,570,078 ----------- SHORT TERM INVESTMENTS -- 4.9% MONEY MARKET FUNDS -- 4.9% State Street Navigator Securities Lending Prime Portfolio (e)(f)....................... 3,142,668 3,142,668 STIC Prime Portfolio................................... 929,117 929,117 ----------- TOTAL SHORT TERM INVESTMENTS -- (Cost $4,071,785).................................... 4,071,785 ----------- TOTAL INVESTMENTS -- 104.5% (Cost $126,657,660)........ 86,641,863 OTHER ASSETS AND LIABILITIES -- (4.5)%................................ (3,734,970) ----------- NET ASSETS -- 100.0%................................... $82,906,893 ===========
(a) Non-income producing security. (b) Security, or portion thereof, was on loan at March 31, 2009. (c) Affiliated Issuer. (See accompanying notes) (d) Amount shown represents less than 0.05% of net assets. (e) Investments of cash collateral for securities loaned. (f) Affiliated Fund managed by SSgA Funds Management, Inc. REIT = Real Estate Investment Trust 28 SPDR DOW JONES MID CAP ETF (FORMERLY SPDR DJ WILSHIRE MID CAP ETF) SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ----------- COMMON STOCKS -- 99.6% AEROSPACE & DEFENSE -- 0.9% Alliant Techsystems, Inc. (a)(b).......................... 855 $ 57,268 Curtiss-Wright Corp. ..................................... 1,176 32,987 Esterline Technologies Corp. (a).......................... 764 15,425 Moog, Inc. (Class A) (a).................................. 984 22,504 Spirit Aerosystems Holdings, Inc. (a)(b).................. 2,667 26,590 TransDigm Group, Inc. (a)(b).............................. 966 31,723 ----------- 186,497 ----------- AIR FREIGHT & LOGISTICS -- 0.1% UTI Worldwide, Inc. ...................................... 2,358 28,178 ----------- AIRLINES -- 0.4% Alaska Air Group, Inc. (a)(b)............................. 941 16,533 AMR Corp. (a)(b).......................................... 7,342 23,421 Continental Airlines, Inc. (Class B) (a)(b)............... 3,228 28,439 JetBlue Airways Corp. (a)................................. 4,795 17,502 ----------- 85,895 ----------- AUTO COMPONENTS -- 0.7% BorgWarner, Inc. (b)...................................... 3,033 61,570 Gentex Corp. (b).......................................... 3,670 36,553 The Goodyear Tire & Rubber Co. (a)(b)..................... 6,275 39,282 ----------- 137,405 ----------- AUTOMOBILES -- 0.1% General Motors Corp. (b).................................. 13,859 26,886 ----------- BEVERAGES -- 0.1% PepsiAmericas, Inc. (b)................................... 1,667 28,756 ----------- BIOTECHNOLOGY -- 1.6% Alkermes, Inc. (a)(b)..................................... 2,481 30,094 Amylin Pharmaceuticals, Inc. (a)(b)....................... 3,582 42,088 BioMarin Pharmaceutical, Inc. (a)(b)...................... 2,602 32,135 Isis Pharmaceuticals, Inc. (a)(b)......................... 2,359 35,409 Onyx Pharmaceuticals, Inc. (a)(b)......................... 1,452 41,455 OSI Pharmaceuticals, Inc. (a)(b).......................... 1,495 57,199 Regeneron Pharmaceuticals, Inc. (a)(b).................... 1,619 22,439 Theravance, Inc. (a)(b)................................... 1,364 23,188 United Therapeutics Corp. (a)(b).......................... 610 40,315 ----------- 324,322 ----------- BUILDING PRODUCTS -- 0.6% Lennox International, Inc. (b)............................ 1,366 36,144 Masco Corp. (b)........................................... 9,531 66,527 Owens Corning, Inc. (a)(b)................................ 2,196 19,852 ----------- 122,523 ----------- CAPITAL MARKETS -- 2.9% Affiliated Managers Group, Inc. (a)(b).................... 1,074 44,797 AllianceBernstein Holding LP (b).......................... 807 11,879 Eaton Vance Corp. (b)..................................... 3,022 69,053 Federated Investors, Inc. (Class B) (b)................... 2,506 55,784 Greenhill & Co., Inc. (b)................................. 317 23,410 Jefferies Group, Inc. (b)................................. 3,033 41,855 Knight Capital Group, Inc. (Class A) (a).................. 2,369 34,919 Lazard, Ltd. (Class A) (b)................................ 1,987 58,418 Legg Mason, Inc. (b)...................................... 3,700 58,830 Och-Ziff Capital Management Group (Class A)............... 941 5,712 Raymond James Financial, Inc. (b)......................... 2,585 50,924 SEI Investments Co. ...................................... 3,652 44,591 The Blackstone Group LP (b)............................... 4,240 30,740 Waddell & Reed Financial, Inc. (Class A) (b).............. 2,216 40,043 ----------- 570,955 ----------- CHEMICALS -- 3.2% Albemarle Corp. (b)....................................... 2,389 52,009 Celanese Corp. (Series A)................................. 3,748 50,111 Eastman Chemical Co. (b).................................. 1,785 47,838 International Flavors & Fragrances, Inc. (b).............. 2,053 62,534 Intrepid Potash, Inc. (a)(b).............................. 912 16,826 Lubrizol Corp. (b)........................................ 1,758 59,790 Nalco Holding Co. (b)..................................... 3,596 47,000 Olin Corp. (b)............................................ 1,773 25,301 RPM International, Inc. (b)............................... 3,364 42,824 Sensient Technologies Corp. (b)........................... 1,239 29,116 Terra Industries, Inc. (b)................................ 2,669 74,972 Terra Nitrogen Co., LP.................................... 192 27,456 The Scotts Miracle-Gro Co. (Class A) (b).................. 1,156 40,113 Valhi, Inc. (b)........................................... 276 2,589 Valspar Corp. (b)......................................... 2,429 48,507 ----------- 626,986 ----------- COMMERCIAL BANKS -- 4.9% Associated Bancorp (b).................................... 3,114 48,080 BancorpSouth, Inc. (b).................................... 2,017 42,034 Bank of Hawaii Corp. (b).................................. 1,247 41,126 BOK Financial Corp. (b)................................... 594 20,523 City National Corp. (b)................................... 1,036 34,986 Comerica, Inc. (b)........................................ 3,947 72,269 Commerce Bancshares, Inc. (b)............................. 1,610 58,443 Cullen/Frost Bankers, Inc. (b)............................ 1,466 68,814 First Citizens BancShares, Inc. (Class A)................. 152 20,034 First Horizon National Corp. (b).......................... 5,513 59,210 FirstMerit Corp. ......................................... 1,954 35,563 Fulton Financial Corp. (b)................................ 4,530 30,034 Prosperity Bancshares, Inc. (b)........................... 1,204 32,929 Regions Financial Corp. (b)............................... 18,166 77,387 SunTrust Banks, Inc. ..................................... 9,240 108,478 Synovus Financial Corp. (b)............................... 7,215 23,449 TCF Financial Corp. (b)................................... 3,236 38,055 Trustmark Corp. (b)....................................... 1,319 24,243 UMB Financial Corp. (b)................................... 815 34,629 Valley National Bancorp (b)............................... 3,527 43,629 Westamerica Bancorporation................................ 758 34,534 Zions Bancorp (b)......................................... 3,013 29,618 ----------- 978,067 ----------- COMMERCIAL SERVICES & SUPPLIES -- 1.7% Avery Dennison Corp. (b).................................. 2,462 55,001 Clean Harbors, Inc. (a)................................... 527 25,296 Copart, Inc. (a)(b)....................................... 1,618 47,990 Corrections Corp. of America (a)(b)....................... 3,265 41,825 R.R. Donnelley & Sons Co. ................................ 5,358 39,274 Rollins, Inc. ............................................ 1,349 23,135 Tetra Tech, Inc. (a)...................................... 1,554 31,671 The Brink's Co. .......................................... 1,027 27,174 Waste Connections, Inc. (a)(b)............................ 2,083 53,533 ----------- 344,899 -----------
29 SPDR DOW JONES MID CAP ETF (FORMERLY SPDR DJ WILSHIRE MID CAP ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ----------- COMMUNICATIONS EQUIPMENT -- 1.0% Brocade Communications Systems, Inc. (a)(b)............... 10,113 $ 34,890 EchoStar Corp. (Class A) (a)(b)........................... 1,105 16,387 F5 Networks, Inc. (a)(b).................................. 2,097 43,932 InterDigital, Inc. (a).................................... 1,129 29,151 Polycom, Inc. (a)(b)...................................... 2,175 33,473 Tellabs, Inc. (a)(b)...................................... 9,513 43,570 ----------- 201,403 ----------- COMPUTERS & PERIPHERALS -- 1.8% Diebold, Inc. (b)......................................... 1,715 36,615 Lexmark International, Inc. (Class A) (a)(b).............. 2,049 34,567 NCR Corp. (a)(b).......................................... 4,124 32,786 QLogic Corp. (a)(b)....................................... 3,155 35,083 SanDisk Corp. (a)(b)...................................... 5,861 74,142 Seagate Technology (b).................................... 12,667 76,129 Teradata Corp. (a)(b)..................................... 4,600 74,612 ----------- 363,934 ----------- CONSTRUCTION & ENGINEERING -- 1.7% Aecom Technology Corp. (a)(b)............................. 2,028 52,890 EMCOR Group, Inc. (a)..................................... 1,663 28,554 Granite Construction, Inc. (b)............................ 828 31,033 KBR, Inc. (b)............................................. 4,222 58,306 Perini Corp. (a)(b)....................................... 730 8,979 The Shaw Group, Inc. (a).................................. 2,167 59,397 URS Corp. (a)............................................. 2,182 88,175 ----------- 327,334 ----------- CONTAINERS & PACKAGING -- 2.3% Aptargroup, Inc. (b)...................................... 1,673 52,097 Bemis Co., Inc. .......................................... 2,627 55,088 Greif, Inc. (Class A) (b)................................. 881 29,328 Owens-Illinois, Inc. (a).................................. 4,357 62,915 Packaging Corp. of America (b)............................ 2,676 34,842 Pactiv Corp. (a).......................................... 3,408 49,723 Rock-Tenn Co. (Class A)................................... 993 26,861 Sealed Air Corp. (b)...................................... 4,132 57,022 Silgan Holdings, Inc. .................................... 656 34,466 Sonoco Products Co. ...................................... 2,598 54,506 ----------- 456,848 ----------- DISTRIBUTORS -- 0.3% LKQ Corp. (a)(b).......................................... 3,653 52,128 ----------- DIVERSIFIED CONSUMER SERVICES -- 1.4% Brink's Home Security Holdings, Inc. (a)(b)............... 1,104 24,950 Career Education Corp. (a)(b)............................. 2,339 56,043 Corinthian Colleges, Inc. (a)(b).......................... 2,073 40,320 Hillenbrand, Inc. ........................................ 1,617 25,888 Matthews International Corp. (Class A).................... 808 23,279 Service Corp. International (b)........................... 6,778 23,655 Strayer Education, Inc. (b)............................... 372 66,912 Weight Watchers International, Inc. (b)................... 888 16,472 ----------- 277,519 ----------- DIVERSIFIED FINANCIAL SERVICES -- 0.2% MSCI, Inc. (Class A) (a)(b)............................... 1,829 30,928 ----------- DIVERSIFIED TELECOMMUNICATION SERVICES -- 1.0% CenturyTel, Inc. (b)...................................... 2,617 73,590 Frontier Communications Corp. (b)......................... 8,136 58,416 Level 3 Communications, Inc. (a)(b)....................... 42,104 38,736 tw telecom, inc. (a)(b)................................... 3,875 33,906 ----------- 204,648 ----------- ELECTRIC UTILITIES -- 2.0% Cleco Corp. .............................................. 1,560 33,837 DPL, Inc. (b)............................................. 3,031 68,319 Great Plains Energy, Inc. (b)............................. 3,081 41,501 Hawaiian Electric Industries, Inc. (b).................... 2,357 32,385 IDACORP, Inc. (b)......................................... 1,176 27,471 ITC Holdings Corp. (b).................................... 1,291 56,314 NV Energy, Inc. (b)....................................... 6,108 57,354 Portland General Electric Co. ............................ 1,921 33,790 Westar Energy, Inc. (b)................................... 2,830 49,610 ----------- 400,581 ----------- ELECTRICAL EQUIPMENT -- 0.7% Acuity Brands, Inc. ...................................... 1,063 23,960 Brady Corp. (Class A) (b)................................. 1,200 21,156 Energy Conversion Devices, Inc. (a)(b).................... 1,170 15,526 Hubbell, Inc. (Class B)................................... 1,369 36,908 Thomas & Betts Corp. (a).................................. 1,378 34,478 Woodward Governor Co. (b)................................. 1,429 15,976 ----------- 148,004 ----------- ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS -- 1.9% Anixter International, Inc. (a)(b)........................ 801 25,376 Arrow Electronics, Inc. (a)(b)............................ 3,127 59,601 AVX Corp. ................................................ 1,342 12,185 Ingram Micro, Inc. (Class A) (a).......................... 3,749 47,387 Itron, Inc. (a)(b)........................................ 889 42,094 Jabil Circuit, Inc. (b)................................... 5,168 28,734 Mettler-Toledo International, Inc. (a)(b)................. 876 44,965 Molex, Inc. (b)........................................... 3,428 47,101 National Instruments Corp. (b)............................ 1,493 27,845 Trimble Navigation, Ltd. (a)(b)........................... 3,140 47,979 ----------- 383,267 ----------- ENERGY EQUIPMENT & SERVICES -- 1.9% Dresser-Rand Group, Inc. (a).............................. 2,142 47,338 Exterran Holdings, Inc. (a)(b)............................ 1,703 27,282 Helmerich & Payne, Inc. (b)............................... 2,498 56,880 Oceaneering International, Inc. (a)(b).................... 1,440 53,093 Patterson-UTI Energy, Inc. (b)............................ 4,041 36,207 Rowan Cos., Inc. (b)...................................... 2,764 33,085 SEACOR Holdings, Inc. (a)................................. 496 28,922 Superior Energy Services, Inc. (a)(b)..................... 2,026 26,115 Tidewater, Inc. (b)....................................... 1,347 50,014 Unit Corp. (a)(b)......................................... 1,232 25,773 ----------- 384,709 ----------- FOOD & STAPLES RETAILING -- 0.7% BJ's Wholesale Club, Inc. (a)............................. 1,561 49,936 Ruddick Corp. ............................................ 1,102 24,740 Whole Foods Market, Inc. (b).............................. 3,632 61,018 ----------- 135,694 ----------- FOOD PRODUCTS -- 1.1% Corn Products International, Inc. (b)..................... 1,934 41,001 Del Monte Foods Co. ...................................... 5,208 37,966 Flowers Foods, Inc. (b)................................... 2,238 52,548 Fresh Del Monte Produce, Inc. (a)......................... 1,198 19,671
30 SPDR DOW JONES MID CAP ETF (FORMERLY SPDR DJ WILSHIRE MID CAP ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ----------- Lancaster Colony Corp. ................................... 532 $ 22,067 Smithfield Foods, Inc. (a)(b)............................. 3,533 33,422 Tootsie Roll Industries, Inc. ............................ 602 13,076 ----------- 219,751 ----------- GAS UTILITIES -- 3.0% AGL Resources, Inc. ...................................... 1,998 53,007 Amerigas Partners LP...................................... 843 23,840 Atmos Energy Corp. ....................................... 2,395 55,373 Energen Corp. ............................................ 1,703 49,608 National Fuel Gas Co. (b)................................. 1,790 54,899 New Jersey Resources Corp. ............................... 1,101 37,412 Nicor, Inc. (b)........................................... 1,174 39,012 Northwest Natural Gas Co. ................................ 695 30,177 Piedmont Natural Gas Co., Inc. (b)........................ 1,801 46,628 South Jersey Industries, Inc. ............................ 767 26,845 Southwest Gas Corp. (b)................................... 1,148 24,188 Spectra Energy Partners LP (b)............................ 411 8,976 Suburban Propane Partners LP.............................. 852 31,149 UGI Corp. ................................................ 2,813 66,415 WGL Holdings, Inc. ....................................... 1,310 42,968 ----------- 590,497 ----------- HEALTH CARE EQUIPMENT & SUPPLIES -- 2.4% Gen-Probe, Inc. (a)....................................... 1,406 64,086 Haemonetics Corp. (a)..................................... 664 36,573 IDEXX Laboratories, Inc. (a)(b)........................... 1,553 53,703 Immucor, Inc. (a)(b)...................................... 1,827 45,949 Inverness Medical Innovations, Inc. (a)(b)................ 2,014 53,633 Kinetic Concepts, Inc. (a)(b)............................. 1,383 29,209 Masimo Corp. (a)(b)....................................... 1,253 36,312 NuVasive, Inc. (a)(b)..................................... 938 29,434 STERIS Corp. (b).......................................... 1,411 32,848 Teleflex, Inc. ........................................... 1,037 40,536 Thoratec Corp. (a)(b)..................................... 1,330 34,168 West Pharmaceutical Services, Inc. (b).................... 845 27,724 ----------- 484,175 ----------- HEALTH CARE PROVIDERS & SERVICES -- 2.7% Amedisys, Inc. (a)(b)..................................... 700 19,243 AMERIGROUP Corp. (a)...................................... 1,384 38,115 athenahealth, Inc. (a).................................... 563 13,574 Community Health Systems, Inc. (a)(b)..................... 2,450 37,583 Coventry Health Care, Inc. (a)............................ 3,871 50,091 Health Net, Inc. (a)(b)................................... 2,723 39,429 LifePoint Hospitals, Inc. (a)............................. 1,391 29,016 Lincare Holdings, Inc. (a)(b)............................. 1,944 42,379 Magellan Health Services, Inc. (a)(b)..................... 1,002 36,513 Owens & Minor, Inc. (b)................................... 1,070 35,449 Patterson Cos., Inc. (a)(b)............................... 2,615 49,319 Pediatrix Medical Group, Inc. (a)......................... 1,192 35,128 Psychiatric Solutions, Inc. (a)(b)........................ 1,379 21,692 Universal Health Services, Inc. (Class B) (b)............. 1,245 47,733 VCA Antech, Inc. (a)(b)................................... 2,212 49,881 ----------- 545,145 ----------- HEALTH CARE TECHNOLOGY -- 0.5% Allscripts-Misys Healthcare Solutions, Inc. (b)........... 1,550 15,950 HLTH Corp. (a)(b)......................................... 2,351 24,333 IMS Health, Inc. ......................................... 4,739 59,095 ----------- 99,378 ----------- HOTELS, RESTAURANTS & LEISURE -- 2.9% Bally Technologies, Inc. (a)(b)........................... 1,422 26,193 Brinker International, Inc. (b)........................... 2,644 39,925 Burger King Holdings, Inc. (b)............................ 2,403 55,149 Chipotle Mexican Grill, Inc. (a)(b)....................... 839 55,693 Choice Hotels International, Inc. (b)..................... 884 22,825 International Speedway Corp. (Class A).................... 840 18,530 Jack in the Box, Inc. (a)................................. 1,482 34,516 Las Vegas Sands Corp. (a)(b).............................. 9,189 27,659 MGM MIRAGE, Inc. (a)...................................... 2,500 5,825 Panera Bread Co. (Class A) (a)(b)......................... 801 44,776 Penn National Gaming, Inc. (a)(b)......................... 1,755 42,383 Royal Caribbean Cruises, Ltd. (b)......................... 3,512 28,131 Scientific Games Corp. (Class A) (a)(b)................... 1,810 21,919 Starwood Hotels & Resorts Worldwide, Inc. (b)............. 4,414 56,058 Wendy's/Arby's Group, Inc. (Class A)...................... 11,478 57,734 Wynn Resorts, Ltd. (a).................................... 2,007 40,080 ----------- 577,396 ----------- HOUSEHOLD DURABLES -- 2.8% Leggett & Platt, Inc. (b)................................. 4,082 53,025 Lennar Corp. (Class A).................................... 3,638 27,321 M.D.C. Holdings, Inc. (b)................................. 942 29,334 Mohawk Industries, Inc. (a)(b)............................ 1,443 43,102 Newell Rubbermaid, Inc. .................................. 7,293 46,529 NVR, Inc. (a)(b).......................................... 129 55,180 Pulte Homes, Inc. (b)..................................... 5,505 60,170 Snap-on, Inc. (b)......................................... 1,501 37,675 The Black & Decker Corp. (b).............................. 1,567 49,455 The Stanley Works (b)..................................... 2,046 59,580 Tupperware Brands Corp. .................................. 1,623 27,575 Whirlpool Corp. (b)....................................... 1,921 56,842 ----------- 545,788 ----------- HOUSEHOLD PRODUCTS -- 0.4% Energizer Holdings, Inc. (a)(b)........................... 1,520 75,529 ----------- INDEPENDENT POWER PRODUCERS & ENERGY TRADERS -- 0.5% Dynegy, Inc. (Class A) (a)(b)............................. 12,473 17,587 Mirant Corp. (a).......................................... 4,092 46,649 Ormat Technologies, Inc. (b).............................. 437 12,000 Reliant Energy, Inc. (a)(b)............................... 9,142 29,163 ----------- 105,399 ----------- INDUSTRIAL CONGLOMERATES -- 0.4% Carlisle Cos., Inc. (b)................................... 1,595 31,310 Icahn Enterprises LP...................................... 162 4,212 Seaboard Corp. (b)........................................ 10 10,100 Textron, Inc. ............................................ 6,301 36,168 ----------- 81,790 ----------- INSURANCE -- 5.6% Alleghany Corp. (a)(b).................................... 158 42,818 Allied World Assurance Co. Holdings, Ltd. ................ 913 34,721 American Financial Group, Inc. ........................... 2,020 32,421 American International Group, Inc. (b).................... 61,751 61,751 American National Insurance Co. (b)....................... 415 21,750 Arthur J. Gallagher & Co. (b)............................. 2,483 42,211 Aspen Insurance Holdings, Ltd. (b)........................ 1,967 44,179 Assurant, Inc. ........................................... 3,081 67,104 Brown & Brown, Inc. (b)................................... 2,962 56,012
31 SPDR DOW JONES MID CAP ETF (FORMERLY SPDR DJ WILSHIRE MID CAP ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ----------- CNA Financial Corp. ...................................... 770 $ 7,053 Endurance Specialty Holdings, Ltd. (b).................... 1,334 33,270 Erie Indemnity Co. (Class A) (b).......................... 843 28,814 First American Corp. (b).................................. 2,140 56,731 IPC Holdings, Ltd. ....................................... 1,221 33,016 Max Capital Group, Ltd. (b)............................... 1,232 21,240 Mercury General Corp. (b)................................. 695 20,642 Montpelier Re Holdings, Ltd. (b).......................... 2,222 28,797 Old Republic International Corp. (b)...................... 6,042 65,375 OneBeacon Insurance Group, Ltd. .......................... 602 5,815 Platinum Underwriters Holdings, Ltd. ..................... 1,247 35,365 ProAssurance Corp. (a).................................... 810 37,762 Reinsurance Group of America, Inc. (b).................... 1,620 52,472 RLI Corp. (b)............................................. 501 25,150 StanCorp Financial Group, Inc. (b)........................ 1,281 29,181 The Hanover Insurance Group, Inc. ........................ 1,348 38,849 Torchmark Corp. (b)....................................... 2,222 58,283 Transatlantic Holdings, Inc. (b).......................... 694 24,755 Validus Holdings, Ltd. (b)................................ 840 19,891 Wesco Financial Corp. (b)................................. 35 9,660 White Mountains Insurance Group, Ltd. (b)................. 201 34,554 XL Capital, Ltd. (Class A) (b)............................ 8,645 47,202 ----------- 1,116,844 ----------- INTERNET & CATALOG RETAIL -- 0.7% Expedia, Inc. (a)(b)...................................... 5,395 48,987 Liberty Media Corp. -- Interactive (a).................... 15,519 45,005 Netflix, Inc. (a)(b)...................................... 1,208 51,847 ----------- 145,839 ----------- INTERNET SOFTWARE & SERVICES -- 0.4% Equinix, Inc. (a)(b)...................................... 841 47,222 IAC InterActiveCorp (a)(b)................................ 2,199 33,491 WebMD Health Corp. (Class A) (a).......................... 213 4,750 ----------- 85,463 ----------- IT SERVICES -- 2.9% Alliance Data Systems Corp. (a)(b)........................ 1,687 62,335 Broadridge Financial Solutions, Inc. (b).................. 3,669 68,280 CACI International, Inc. (Class A) (a)(b)................. 784 28,608 DST Systems, Inc. (a)(b).................................. 1,034 35,797 Gartner, Inc. (a)(b)...................................... 1,685 18,552 Genpact, Ltd. (a)......................................... 1,416 12,546 Global Payments, Inc. .................................... 2,085 69,660 Lender Processing Services, Inc. (b)...................... 2,478 75,851 Mantech International Corp. (Class A) (a)................. 550 23,045 Metavante Technologies, Inc. (a)(b)....................... 2,331 46,527 NeuStar, Inc. (Class A) (a)(b)............................ 2,061 34,522 Perot Systems Corp. (Class A) (a)(b)...................... 2,257 29,070 Total System Services, Inc. .............................. 5,144 71,038 ----------- 575,831 ----------- LEISURE EQUIPMENT & PRODUCTS -- 0.1% Eastman Kodak Co. (b)..................................... 7,016 26,661 ----------- LIFE SCIENCES TOOLS & SERVICES -- 1.2% Bio-Rad Laboratories, Inc. (Class A) (a).................. 495 32,620 Charles River Laboratories International, Inc. (a)(b)..... 1,775 48,298 Covance, Inc. (a)......................................... 1,666 59,360 PerkinElmer, Inc. (b)..................................... 3,095 39,523 Techne Corp. ............................................. 983 53,780 ----------- 233,581 ----------- MACHINERY -- 3.5% AGCO Corp. (a)............................................ 2,390 46,844 CLARCOR, Inc. (b)......................................... 1,332 33,553 Crane Co. (b)............................................. 1,376 23,227 Donaldson Co., Inc. (b)................................... 1,763 47,319 Gardner Denver, Inc. (a)(b)............................... 1,352 29,392 Graco, Inc. (b)........................................... 1,581 26,988 Harsco Corp. (b).......................................... 2,197 48,708 IDEX Corp. (b)............................................ 2,158 47,195 Joy Global, Inc. ......................................... 2,669 56,850 Kennametal, Inc. (b)...................................... 1,932 31,318 Lincoln Electric Holdings, Inc. (b)....................... 1,060 33,591 Navistar International Corp. (a)(b)....................... 1,655 55,376 Nordson Corp. (b)......................................... 798 22,687 Pentair, Inc. (b)......................................... 2,607 56,494 SPX Corp. ................................................ 1,416 66,566 The Timken Co. (b)........................................ 2,018 28,171 Wabtec Corp. (b).......................................... 1,268 33,450 ----------- 687,729 ----------- MARINE -- 0.2% Kirby Corp. (a)(b)........................................ 1,404 37,403 ----------- MEDIA -- 1.3% Clear Channel Outdoor Holdings, Inc. (Class A) (a)(b)..... 1,026 3,765 DreamWorks Animation SKG, Inc. (Class A) (a)(b)........... 1,514 32,763 Interactive Data Corp. (b)................................ 947 23,542 John Wiley & Sons, Inc. (Class A) (b)..................... 1,323 39,399 Marvel Entertainment, Inc. (a)(b)......................... 1,356 36,002 Morningstar, Inc. (a)(b).................................. 477 16,290 Regal Entertainment Group................................. 2,038 27,330 The Interpublic Group of Cos., Inc. (a)(b)................ 12,452 51,302 Virgin Media, Inc. (b).................................... 7,640 36,672 ----------- 267,065 ----------- METALS & MINING -- 1.7% Allegheny Technologies, Inc. (b).......................... 2,397 52,566 Cliffs Natural Resources, Inc. ........................... 2,966 53,862 Commercial Metals Co. (b)................................. 2,952 34,096 Compass Minerals International, Inc. (b).................. 847 47,745 Reliance Steel & Aluminum Co. (b)......................... 1,681 44,261 Royal Gold, Inc. (b)...................................... 828 38,717 Steel Dynamics, Inc. (b).................................. 4,748 41,830 Titanium Metals Corp. (b)................................. 2,608 14,266 ----------- 327,343 ----------- MULTI-UTILITIES -- 1.5% CMS Energy Corp. (b)...................................... 5,859 69,371 NiSource, Inc. (b)........................................ 7,158 70,148 OGE Energy Corp. ......................................... 2,476 58,978 TECO Energy, Inc. (b)..................................... 5,198 57,958 Vectren Corp. (b)......................................... 2,116 44,626 ----------- 301,081 ----------- MULTILINE RETAIL -- 0.6% Big Lots, Inc. (a)(b)..................................... 2,127 44,199 Nordstrom, Inc. (b)....................................... 4,401 73,717 ----------- 117,916 -----------
32 SPDR DOW JONES MID CAP ETF (FORMERLY SPDR DJ WILSHIRE MID CAP ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ----------- OFFICE ELECTRONICS -- 0.2% Zebra Technologies Corp. (Class A) (a)(b)................. 1,657 $ 31,516 ----------- OIL, GAS & CONSUMABLE FUELS -- 6.1% Alliance Resource Partners LP (b)......................... 532 15,481 Alpha Natural Resources, Inc. (a)......................... 1,837 32,607 Arch Coal, Inc. (b)....................................... 3,742 50,031 BP Prudhoe Bay Royalty Trust.............................. 559 36,396 Buckeye Partners LP....................................... 1,264 45,074 Cabot Oil & Gas Corp. (b)................................. 2,684 63,262 Cheniere Energy Partners LP............................... 353 2,118 Cimarex Energy Co. (b).................................... 2,160 39,701 Comstock Resources, Inc. (a)(b)........................... 1,203 35,849 Concho Resources, Inc. (a)................................ 1,629 41,686 El Paso Pipeline Partners LP.............................. 867 14,912 Encore Acquisition Co. (a)(b)............................. 1,321 30,740 EXCO Resources, Inc. (a)(b)............................... 4,466 44,660 Forest Oil Corp. (a)(b)................................... 2,291 30,127 Frontier Oil Corp. (b).................................... 2,705 34,597 Goodrich Petroleum Corp. (a)(b)........................... 692 13,397 Holly Corp. .............................................. 1,094 23,193 Inergy LP................................................. 1,206 26,435 Linn Energy LLC (b)....................................... 2,854 42,525 Magellan Midstream Partners LP............................ 1,734 50,928 Mariner Energy, Inc. (a).................................. 1 5 Massey Energy Co. (b)..................................... 2,210 22,365 Natural Resource Partners LP (b).......................... 844 18,846 Newfield Exploration Co. (a).............................. 3,441 78,111 NuStar Energy LP.......................................... 1,113 51,320 Pioneer Natural Resources Co. ............................ 3,076 50,662 Plains Exploration & Production Co. (a)(b)................ 2,809 48,399 Quicksilver Resources, Inc. (a)(b)........................ 3,050 16,897 SandRidge Energy, Inc. (a)(b)............................. 2,472 16,290 Southern Union Co. (b).................................... 2,727 41,505 St. Mary Land & Exploration Co. (b)....................... 1,585 20,970 Sunoco Logistics Partners LP.............................. 428 22,072 Teekay Corp. (b).......................................... 1,117 15,895 TEPPCO Partners LP (b).................................... 2,224 50,374 Tesoro Corp. (b).......................................... 3,571 48,101 Whiting Petroleum Corp. (a)(b)............................ 1,327 34,303 ----------- 1,209,834 ----------- PAPER & FOREST PRODUCTS -- 0.3% MeadWestvaco Corp. ....................................... 4,218 50,574 ----------- PERSONAL PRODUCTS -- 0.5% Alberto-Culver Co. ....................................... 2,290 51,777 Chattem, Inc. (a)(b)...................................... 456 25,559 Herbalife, Ltd. (b)....................................... 1,664 24,926 ----------- 102,262 ----------- PHARMACEUTICALS -- 1.0% Auxilium Pharmaceuticals, Inc. (a)........................ 1,045 28,967 King Pharmaceuticals, Inc. (a)(b)......................... 6,430 45,460 Perrigo Co. (b)........................................... 2,211 54,899 Sepracor, Inc. (a)........................................ 2,831 41,503 Valeant Pharmaceuticals International (a)................. 1,823 32,431 ----------- 203,260 ----------- PROFESSIONAL SERVICES -- 1.5% FTI Consulting, Inc. (a)(b)............................... 1,328 65,709 IHS, Inc. (Class A) (a)(b)................................ 1,243 51,187 Manpower, Inc. (b)........................................ 2,038 64,258 Robert Half International, Inc. (b)....................... 3,956 70,536 Watson Wyatt Worldwide, Inc. (Class A) (b)................ 1,108 54,702 ----------- 306,392 ----------- REAL ESTATE INVESTMENT TRUSTS -- 5.5% Alexandria Real Estate Equities, Inc. (b)................. 1,022 37,201 AMB Property Corp. (b).................................... 3,650 52,560 Camden Property Trust (b)................................. 1,377 29,716 Corporate Office Properties Trust (b)..................... 1,348 33,471 Digital Realty Trust, Inc. (b)............................ 1,831 60,753 Douglas Emmett, Inc. (b).................................. 2,731 20,182 Duke Realty Corp. (b)..................................... 3,839 21,114 Essex Property Trust, Inc. (b)............................ 700 40,138 Federal Realty Investment Trust (b)....................... 1,535 70,610 Highwoods Properties, Inc. ............................... 1,660 35,557 Hospitality Properties Trust (b).......................... 2,452 29,424 Host Hotels & Resorts, Inc. (b)........................... 13,613 53,363 Kimco Realty Corp. ....................................... 6,029 45,941 Liberty Property Trust.................................... 2,563 48,543 Mack-Cali Realty Corp. (b)................................ 1,716 33,994 MFA Financial, Inc. ...................................... 5,820 34,222 National Retail Properties, Inc. ......................... 2,048 32,440 Nationwide Health Properties, Inc. (b).................... 2,675 59,358 Omega Healthcare Investors, Inc. ......................... 2,140 30,131 ProLogis (b).............................................. 6,943 45,129 Rayonier, Inc. (b)........................................ 2,049 61,921 Realty Income Corp. (b)................................... 2,725 51,284 Regency Centers Corp. (b)................................. 1,809 48,065 Senior Housing Properties Trust (b)....................... 3,137 43,981 UDR, Inc. (b)............................................. 3,555 30,609 Washington Real Estate Investment Trust................... 1,369 23,684 Weingarten Realty Investors (b)........................... 2,133 20,306 ----------- 1,093,697 ----------- REAL ESTATE MANAGEMENT & DEVELOPMENT -- 0.4% Brookfield Properties Corp. .............................. 5,315 30,508 The St. Joe Co. (a)(b).................................... 2,397 40,126 ----------- 70,634 ----------- ROAD & RAIL -- 1.0% Heartland Express, Inc. (b)............................... 1,535 22,733 Hertz Global Holdings, Inc. (a)(b)........................ 3,525 13,853 Kansas City Southern (a)(b)............................... 2,384 30,301 Knight Transportation, Inc. .............................. 1,466 22,225 Landstar Systems, Inc. (b)................................ 1,351 45,218 Ryder Systems, Inc. (b)................................... 1,453 41,134 Werner Enterprises, Inc. (b).............................. 1,336 20,200 ----------- 195,664 ----------- SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT -- 3.2% Advanced Micro Devices, Inc. (a)(b)....................... 14,495 44,210 Atmel Corp. (a)(b)........................................ 11,737 42,605 Cree, Inc. (a)(b)......................................... 2,102 49,460 Intersil Corp. (Class A) (b).............................. 3,235 37,203 Lam Research Corp. (a)(b)................................. 3,266 74,367 LSI Logic Corp. (a)(b).................................... 16,859 51,251 Micron Technology, Inc. (a)(b)............................ 19,960 81,038 National Semiconductor Corp. (b).......................... 5,995 61,569 Novellus Systems, Inc. (a)(b)............................. 2,615 43,487 ON Semiconductor Corp. (a)(b)............................. 10,637 41,484
33 SPDR DOW JONES MID CAP ETF (FORMERLY SPDR DJ WILSHIRE MID CAP ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ----------- PMC-Sierra, Inc. (a)(b)................................... 5,672 $ 36,187 Silicon Laboratories, Inc. (a)............................ 1,170 30,888 Varian Semiconductor Equipment Associates, Inc. (a)(b).... 1,898 41,111 ----------- 634,860 ----------- SOFTWARE -- 3.6% Ansys, Inc. (a)(b)........................................ 2,344 58,834 Cadence Design Systems, Inc. (a)(b)....................... 6,739 28,304 Compuware Corp. (a)(b).................................... 6,442 42,453 Concur Technologies, Inc. (a)(b).......................... 1,218 23,373 Factset Research Systems, Inc. (b)........................ 1,133 56,639 Informatica Corp. (a)..................................... 2,316 30,710 Jack Henry & Associates, Inc. ............................ 2,230 36,394 Macrovision Solutions Corp. (a)........................... 2,152 38,284 MICROS Systems, Inc. (a)(b)............................... 2,107 39,506 Novell, Inc. (a)(b)....................................... 9,023 38,438 Nuance Communications, Inc. (a)(b)........................ 5,704 61,946 Parametric Technology Corp. (a)(b)........................ 3,051 30,449 Quality Systems, Inc. (b)................................. 470 21,268 Quest Software, Inc. (a).................................. 1,715 21,746 Solera Holdings, Inc. (a)(b).............................. 1,810 44,852 Sybase, Inc. (a)(b)....................................... 2,118 64,154 Synopsys, Inc. (a)........................................ 3,710 76,908 ----------- 714,258 ----------- SPECIALTY RETAIL -- 3.9% Aaron's, Inc. ............................................ 1,254 33,432 Abercrombie & Fitch Co. (Class A) (b)..................... 2,278 54,216 Aeropostale, Inc. (a)(b).................................. 1,749 46,453 American Eagle Outfitters, Inc. (b)....................... 4,603 56,341 AutoNation, Inc. (a)(b)................................... 2,902 40,280 CarMax, Inc. (a)(b)....................................... 5,166 64,265 Dick's Sporting Goods, Inc. (a)(b)........................ 2,205 31,465 Foot Locker, Inc. ........................................ 4,068 42,633 Guess ?, Inc. (b)......................................... 1,584 33,391 Limited Brands, Inc. ..................................... 7,185 62,510 PetSmart, Inc. ........................................... 3,327 69,734 RadioShack Corp. (b)...................................... 3,269 28,015 Rent-A-Center, Inc. (a)................................... 1,748 33,859 The Buckle, Inc. (b)...................................... 618 19,733 Tiffany & Co. ............................................ 3,241 69,876 Tractor Supply Co. (a)(b)................................. 820 29,569 Urban Outfitters, Inc. (a)................................ 3,112 50,943 ----------- 766,715 ----------- THRIFTS & MORTGAGE FINANCE -- 0.5% First Niagara Financial Group, Inc. ...................... 3,098 33,768 NewAlliance Bancshares, Inc. ............................. 2,608 30,618 Washington Federal, Inc. ................................. 2,301 30,580 ----------- 94,966 ----------- TRADING COMPANIES & DISTRIBUTORS -- 0.3% GATX Corp. (b)............................................ 1,130 22,860 MSC Industrial Direct Co., Inc. (Class A) (b)............. 1,129 35,078 ----------- 57,938 ----------- WATER UTILITIES -- 0.4% Aqua America, Inc. (b).................................... 3,492 69,840 ----------- WIRELESS TELECOMMUNICATION SERVICES -- 0.7% Clearwire Corp. (Class A) (a)(b).......................... 1,850 9,528 Leap Wireless International, Inc. (a)(b).................. 1,400 48,818 SBA Communications Corp. (Class A) (a)(b)................. 3,047 70,995 ----------- 129,341 ----------- TOTAL COMMON STOCKS -- (Cost $26,975,091)...................................... 19,807,721 ----------- SHORT TERM INVESTMENTS -- 29.6% MONEY MARKET FUNDS -- 29.6% State Street Navigator Securities Lending Prime Portfolio (c)(d).......................... 5,630,678 5,630,678 STIC Prime Portfolio...................................... 253,610 253,610 ----------- TOTAL SHORT TERM INVESTMENTS -- (Cost $5,884,288)....................................... 5,884,288 ----------- TOTAL INVESTMENTS -- 129.2% (Cost $32,859,379)............ 25,692,009 OTHER ASSETS & LIABILITIES -- (29.2)%.................................. (5,813,819) ----------- NET ASSETS -- 100.0%...................................... $19,878,190 ===========
(a) Non-income producing security. (b) Security, or portion thereof, was on loan at March 31, 2009. (c) Investments of cash collateral for securities loaned. (d) Affiliated Fund managed by SSgA Funds Management, Inc. 34 SPDR DOW JONES MID CAP GROWTH ETF (FORMERLY SPRD DJ WILSHIRE MID CAP GROWTH ETF) SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ----------- COMMON STOCKS -- 99.7% AEROSPACE & DEFENSE -- 0.8% Moog, Inc. (Class A) (a)(b)............................... 3,142 $ 71,858 Spirit Aerosystems Holdings, Inc. (a)(b).................. 8,285 82,601 TransDigm Group, Inc. (a)................................. 3,000 98,520 ----------- 252,979 ----------- AIR FREIGHT & LOGISTICS -- 0.3% UTI Worldwide, Inc. (b)................................... 7,300 87,235 ----------- AIRLINES -- 0.4% AMR Corp. (a)(b).......................................... 22,632 72,196 JetBlue Airways Corp. (a)................................. 14,900 54,385 ----------- 126,581 ----------- AUTO COMPONENTS -- 1.4% BorgWarner, Inc. (b)...................................... 9,445 191,733 Gentex Corp. (b).......................................... 11,377 113,315 The Goodyear Tire & Rubber Co. (a)(b)..................... 19,500 122,070 ----------- 427,118 ----------- BIOTECHNOLOGY -- 3.2% Alkermes, Inc. (a)(b)..................................... 7,700 93,401 Amylin Pharmaceuticals, Inc. (a)(b)....................... 11,108 130,519 BioMarin Pharmaceutical, Inc. (a)(b)...................... 8,121 100,294 Isis Pharmaceuticals, Inc. (a)(b)......................... 7,300 109,573 Onyx Pharmaceuticals, Inc. (a)(b)......................... 4,509 128,732 OSI Pharmaceuticals, Inc. (a)(b).......................... 4,617 176,647 Regeneron Pharmaceuticals, Inc. (a)(b).................... 5,000 69,300 Theravance, Inc. (a)(b)................................... 4,200 71,400 United Therapeutics Corp. (a)(b).......................... 1,870 123,588 ----------- 1,003,454 ----------- CAPITAL MARKETS -- 3.6% Affiliated Managers Group, Inc. (a)(b).................... 3,294 137,393 Eaton Vance Corp. (b)..................................... 9,416 215,156 Greenhill & Co., Inc. .................................... 1,000 73,850 Jefferies Group, Inc. (b)................................. 9,400 129,720 Knight Capital Group, Inc. (Class A) (a).................. 7,400 109,076 Lazard, Ltd. (Class A) (b)................................ 6,166 181,280 Raymond James Financial, Inc. (b)......................... 8,017 157,935 SEI Investments Co. ...................................... 11,368 138,803 ----------- 1,143,213 ----------- CHEMICALS -- 2.5% Albemarle Corp. (b)....................................... 7,460 162,404 Celanese Corp. (Series A) (b)............................. 11,600 155,092 Nalco Holding Co. (b)..................................... 11,153 145,770 Terra Industries, Inc. ................................... 8,303 233,231 Terra Nitrogen Co. LP..................................... 600 85,800 ----------- 782,297 ----------- COMMERCIAL SERVICES & SUPPLIES -- 2.2% Clean Harbors, Inc. (a)................................... 1,600 76,800 Copart, Inc. (a)(b)....................................... 5,056 149,961 Corrections Corp. of America (a)(b)....................... 10,154 130,073 Rollins, Inc. ............................................ 4,200 72,030 Tetra Tech, Inc. (a)...................................... 4,800 97,824 Waste Connections, Inc. (a)(b)............................ 6,427 165,174 ----------- 691,862 ----------- COMMUNICATIONS EQUIPMENT -- 2.0% Brocade Communications Systems, Inc. (a)(b)............... 31,352 108,165 EchoStar Corp. (Class A) (a)(b)........................... 3,387 50,229 F5 Networks, Inc. (a)(b).................................. 6,494 136,049 InterDigital, Inc. (a).................................... 3,500 90,370 Polycom, Inc. (a)(b)...................................... 6,742 103,759 Tellabs, Inc. (a)......................................... 29,500 135,110 ----------- 623,682 ----------- COMPUTERS & PERIPHERALS -- 2.1% NCR Corp. (a)............................................. 12,829 101,991 QLogic Corp. (a)(b)....................................... 9,853 109,565 SanDisk Corp. (a)(b)...................................... 18,152 229,623 Teradata Corp. (a)........................................ 14,245 231,054 ----------- 672,233 ----------- CONSTRUCTION & ENGINEERING -- 1.8% Aecom Technology Corp. (a)(b)............................. 6,339 165,321 KBR, Inc. (b)............................................. 13,122 181,215 Perini Corp. (a).......................................... 2,300 28,290 The Shaw Group, Inc. (a)(b)............................... 6,743 184,826 ----------- 559,652 ----------- CONTAINERS & PACKAGING -- 1.0% Pactiv Corp. (a).......................................... 10,556 154,012 Sealed Air Corp. (b)...................................... 12,822 176,944 ----------- 330,956 ----------- DISTRIBUTORS -- 0.5% LKQ Corp. (a)(b).......................................... 11,332 161,708 ----------- DIVERSIFIED CONSUMER SERVICES -- 2.4% Brink's Home Security Holdings, Inc. (a).................. 3,533 79,846 Career Education Corp. (a)(b)............................. 7,300 174,908 Corinthian Colleges, Inc. (a)(b).......................... 6,400 124,480 Hillenbrand, Inc. ........................................ 5,000 80,050 Matthews International Corp. (Class A) (b)................ 2,500 72,025 Strayer Education, Inc. (b)............................... 1,175 211,347 ----------- 742,656 ----------- DIVERSIFIED FINANCIAL SERVICES -- 0.3% MSCI, Inc. (Class A) (a)(b)............................... 5,692 96,252 ----------- DIVERSIFIED TELECOMMUNICATION SERVICES -- 0.7% Level 3 Communications, Inc. (a)(b)....................... 130,700 120,244 tw telecom, inc. (a)(b)................................... 11,993 104,939 ----------- 225,183 ----------- ELECTRIC UTILITIES -- 0.6% ITC Holdings Corp. (b).................................... 3,983 173,738 ----------- ELECTRICAL EQUIPMENT -- 0.3% Energy Conversion Devices, Inc. (a)(b).................... 3,700 49,099 Woodward Governor Co. (b)................................. 4,618 51,629 ----------- 100,728 ----------- ELECTRONIC EQUIPMENT & INSTRUMENTS-- 2.9% Arrow Electronics, Inc. (a)(b)............................ 9,696 184,806 Itron, Inc. (a)(b)........................................ 2,732 129,360 Jabil Circuit, Inc. (b)................................... 16,042 89,193 Mettler-Toledo International, Inc. (a)(b)................. 2,731 140,182 Molex, Inc. (b)........................................... 10,636 146,139 National Instruments Corp. (b)............................ 4,588 85,566 Trimble Navigation, Ltd. (a)(b)........................... 9,727 148,629 ----------- 923,875 ----------- ENERGY EQUIPMENT & SERVICES -- 3.0% Dresser-Rand Group, Inc. (a).............................. 6,627 146,457 Exterran Holdings, Inc. (a)(b)............................ 5,297 84,858 Helmerich & Payne, Inc. (b)............................... 7,800 177,606 Oceaneering International, Inc. (a)(b).................... 4,484 165,325
35 SPDR DOW JONES MID CAP GROWTH ETF (FORMERLY SPRD DJ WILSHIRE MID CAP GROWTH ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ----------- Patterson-UTI Energy, Inc. (b)............................ 12,504 $ 112,036 Rowan Cos., Inc. (b)...................................... 8,509 101,853 Superior Energy Services, Inc. (a)(b)..................... 6,291 81,091 Unit Corp. (a)(b)......................................... 3,832 80,165 ----------- 949,391 ----------- FOOD & STAPLES RETAILING -- 0.6% Whole Foods Market, Inc. (b).............................. 11,239 188,815 ----------- FOOD PRODUCTS -- 0.5% Flowers Foods, Inc. (b)................................... 6,991 164,149 ----------- GAS UTILITIES -- 0.6% Energen Corp. ............................................ 5,263 153,311 Spectra Energy Partners LP (b)............................ 1,300 28,392 ----------- 181,703 ----------- HEALTH CARE EQUIPMENT & SUPPLIES -- 3.5% Gen-Probe, Inc. (a)....................................... 4,383 199,777 Haemonetics Corp. (a)..................................... 2,100 115,668 IDEXX Laboratories, Inc. (a)(b)........................... 4,869 168,370 Immucor, Inc. (a)(b)...................................... 5,690 143,104 Kinetic Concepts, Inc. (a)(b)............................. 4,262 90,013 Masimo Corp. (a)(b)....................................... 3,932 113,949 NuVasive, Inc. (a)........................................ 2,900 91,002 Thoratec Corp. (a)(b)..................................... 4,100 105,329 West Pharmaceutical Services, Inc. (b).................... 2,600 85,306 ----------- 1,112,518 ----------- HEALTH CARE PROVIDERS & SERVICES -- 3.9% Amedisys, Inc. (a)(b)..................................... 2,200 60,478 AMERIGROUP Corp. (a)...................................... 4,300 118,422 athenahealth, Inc. (a).................................... 1,700 40,987 Community Health Systems, Inc. (a)(b)..................... 7,542 115,694 Coventry Health Care, Inc. (a)(b)......................... 12,000 155,280 Health Net, Inc. (a)(b)................................... 8,423 121,965 Lincare Holdings, Inc. (a)(b)............................. 6,028 131,410 Patterson Cos., Inc. (a)(b)............................... 8,084 152,464 Pediatrix Medical Group, Inc. (a)......................... 3,710 109,334 Psychiatric Solutions, Inc. (a)(b)........................ 4,283 67,372 VCA Antech, Inc. (a)(b)................................... 6,904 155,685 ----------- 1,229,091 ----------- HEALTH CARE TECHNOLOGY -- 1.0% Allscripts-Misys Healthcare Solutions, Inc. (b)........... 4,800 49,392 HLTH Corp. (a)(b)......................................... 7,294 75,493 IMS Health, Inc. ......................................... 14,713 183,471 ----------- 308,356 ----------- HOTELS, RESTAURANTS & LEISURE-- 3.9% Bally Technologies, Inc. (a).............................. 4,400 81,048 Burger King Holdings, Inc. (b)............................ 7,495 172,010 Chipotle Mexican Grill, Inc. (a)(b)....................... 2,559 169,866 Choice Hotels International, Inc. ........................ 2,700 69,714 Las Vegas Sands Corp. (a)(b).............................. 28,500 85,785 MGM Mirage, Inc. (a)...................................... 7,800 18,174 Panera Bread Co. (Class A) (a)(b)......................... 2,500 139,750 Penn National Gaming, Inc. (a)(b)......................... 5,404 130,507 Scientific Games Corp. (Class A) (a)(b)................... 5,642 68,325 Wendy's/Arby's Group, Inc. (Class A) (b).................. 35,600 179,068 Wynn Resorts, Ltd. (a).................................... 6,200 123,814 ----------- 1,238,061 ----------- HOUSEHOLD DURABLES -- 0.6% Pulte Homes, Inc. (b)..................................... 17,124 187,165 ----------- HOUSEHOLD PRODUCTS -- 0.7% Energizer Holdings, Inc. (a)(b)........................... 4,695 233,295 ----------- INDEPENDENT POWER PRODUCERS & ENERGY TRADERS -- 1.1% Dynegy, Inc. (Class A) (a)(b)............................. 40,464 57,054 Mirant Corp. (a).......................................... 12,700 144,780 Ormat Technologies, Inc. (b).............................. 1,442 39,598 Reliant Energy, Inc. (a).................................. 28,400 90,596 ----------- 332,028 ----------- INDUSTRIAL CONGLOMERATES -- 0.1% Seaboard Corp. (b)........................................ 24 24,240 ----------- INSURANCE -- 0.5% Brown & Brown, Inc. ...................................... 9,161 173,234 ----------- INTERNET & CATALOG RETAIL -- 1.4% Expedia, Inc. (a)(b)...................................... 16,700 151,636 Liberty Media Holding Corp. -- Interactive (Class A) (a).. 48,200 139,780 Netflix, Inc. (a)(b)...................................... 3,700 158,804 ----------- 450,220 ----------- INTERNET SOFTWARE & SERVICES -- 0.8% Equinix, Inc. (a)(b)...................................... 2,604 146,215 IAC/InterActiveCorp (a)................................... 6,800 103,564 WebMD Health Corp. (Class A) (a).......................... 700 15,610 ----------- 265,389 ----------- IT SERVICES -- 4.6% Alliance Data Systems Corp. (a)(b)........................ 5,200 192,140 Broadridge Financial Solutions, Inc. (b).................. 11,363 211,465 DST Systems, Inc. (a)(b).................................. 3,226 111,684 Gartner, Inc. (a)(b)...................................... 5,168 56,900 Genpact, Ltd. (a)......................................... 4,637 41,084 Global Payments, Inc. (b)................................. 6,481 216,530 Mantech International Corp. (Class A) (a)................. 1,726 72,319 Metavante Technologies, Inc. (a)(b)....................... 7,212 143,952 NeuStar, Inc. (Class A) (a)............................... 6,400 107,200 Perot Systems Corp. (Class A) (a)(b)...................... 7,013 90,327 Total System Services, Inc. .............................. 15,960 220,408 ----------- 1,464,009 ----------- LIFE SCIENCES TOOLS & SERVICES -- 2.0% Charles River Laboratories International, Inc. (a)(b)..... 5,548 150,961 Covance, Inc. (a)......................................... 5,200 185,276 PerkinElmer, Inc. (b)..................................... 9,608 122,694 Techne Corp. ............................................. 3,045 166,592 ----------- 625,523 ----------- MACHINERY -- 4.3% AGCO Corp. (a)............................................ 7,400 145,040 CLARCOR, Inc. (b)......................................... 4,093 103,103 Donaldson Co., Inc. (b)................................... 5,486 147,244 Gardner Denver, Inc. (a).................................. 4,231 91,982 Graco, Inc. (b)........................................... 4,917 83,933 Harsco Corp. (b).......................................... 6,856 151,998 Joy Global, Inc. ......................................... 8,300 176,790 Lincoln Electric Holdings, Inc. (b)....................... 3,279 103,911 Navistar International Corp. (a)(b)....................... 5,144 172,118
36 SPDR DOW JONES MID CAP GROWTH ETF (FORMERLY SPRD DJ WILSHIRE MID CAP GROWTH ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ----------- Nordson Corp. (b)......................................... 2,504 $ 71,189 Wabtec Corp. (b).......................................... 3,922 103,462 ----------- 1,350,770 ----------- MARINE -- 0.4% Kirby Corp. (a)(b)........................................ 4,382 116,736 ----------- MEDIA -- 1.7% Clear Channel Outdoor Holdings, Inc. (Class A) (a)(b)..... 3,200 11,744 Interactive Data Corp. (b)................................ 2,875 71,473 John Wiley & Sons, Inc. (Class A) (b)..................... 4,067 121,115 Marvel Entertainment, Inc. (a)(b)......................... 4,257 113,023 Morningstar, Inc. (a)(b).................................. 1,425 48,664 The Interpublic Group of Cos., Inc. (a)(b)................ 38,600 159,032 ----------- 525,051 ----------- METALS & MINING -- 2.9% Allegheny Technologies, Inc. (b).......................... 7,400 162,282 Cliffs Natural Resources, Inc. ........................... 9,200 167,072 Compass Minerals International, Inc. ..................... 2,600 146,562 Reliance Steel & Aluminum Co. (b)......................... 5,193 136,732 Royal Gold, Inc. (b)...................................... 2,600 121,576 Steel Dynamics, Inc. (b).................................. 14,725 129,727 Titanium Metals Corp. (b)................................. 7,982 43,661 ----------- 907,612 ----------- MULTILINE RETAIL -- 0.7% Nordstrom, Inc. (b)....................................... 13,700 229,475 ----------- OFFICE ELECTRONICS -- 0.3% Zebra Technologies Corp. (Class A) (a)(b)................. 5,136 97,687 ----------- OIL, GAS & CONSUMABLE FUELS -- 5.7% Alpha Natural Resources, Inc. (a)......................... 5,700 101,175 Arch Coal, Inc. (b)....................................... 11,600 155,092 Cabot Oil & Gas Corp. (b)................................. 8,355 196,927 Cheniere Energy Partners LP............................... 1,100 6,600 Cimarex Energy Co. (b).................................... 6,658 122,374 Comstock Resources, Inc. (a).............................. 3,726 111,035 Concho Resources, Inc. (a)(b)............................. 5,073 129,818 El Paso Pipeline Partners LP.............................. 2,700 46,440 EXCO Resources, Inc. (a)(b)............................... 13,827 138,270 Frontier Oil Corp. ....................................... 8,400 107,436 Goodrich Petroleum Corp. (a)(b)........................... 2,100 40,656 Holly Corp. .............................................. 3,400 72,080 Plains Exploration & Production Co. (a)................... 8,700 149,901 Quicksilver Resources, Inc. (a)(b)........................ 9,611 53,245 SandRidge Energy, Inc. (a)(b)............................. 7,555 49,788 St. Mary Land & Exploration Co. (b)....................... 5,019 66,401 Tesoro Corp. (b).......................................... 11,100 149,517 Whiting Petroleum Corp. (a)............................... 4,100 105,985 ----------- 1,802,740 ----------- PERSONAL PRODUCTS-- 0.5% Chattem, Inc. (a)(b)...................................... 1,400 78,470 Herbalife, Ltd. (b)....................................... 5,159 77,282 ----------- 155,752 ----------- PHARMACEUTICALS -- 1.6% Auxilium Pharmaceuticals, Inc. (a)........................ 3,200 88,704 Perrigo Co. (b)........................................... 6,900 171,327 Sepracor, Inc. (a)........................................ 8,788 128,832 Valeant Pharmaceuticals International (a)................. 5,700 101,403 ----------- 490,266 ----------- PROFESSIONAL SERVICES -- 3.0% FTI Consulting, Inc. (a)(b)............................... 4,134 204,550 IHS, Inc. (Class A) (a)(b)................................ 3,902 160,685 Manpower, Inc. (b)........................................ 6,335 199,743 Robert Half International, Inc. (b)....................... 12,310 219,487 Watson Wyatt Worldwide, Inc. (Class A).................... 3,400 167,858 ----------- 952,323 ----------- REAL ESTATE INVESTMENT TRUSTS -- 0.9% Corporate Office Properties Trust (b)..................... 4,200 104,286 Digital Realty Trust, Inc. (b)............................ 5,660 187,799 ----------- 292,085 ----------- ROAD & RAIL -- 1.0% Heartland Express, Inc. (b)............................... 4,800 71,088 Hertz Global Holdings, Inc. (a)(b)........................ 10,840 42,601 Knight Transportation, Inc. (b)........................... 4,600 69,736 Landstar Systems, Inc. (b)................................ 4,209 140,875 ----------- 324,300 ----------- SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT -- 6.2% Advanced Micro Devices, Inc. (a)(b)....................... 44,961 137,131 Atmel Corp. (a)(b)........................................ 36,400 132,132 Cree, Inc. (a)(b)......................................... 6,484 152,569 Intersil Corp. (Class A) (b).............................. 10,073 115,839 Lam Research Corp. (a)(b)................................. 10,186 231,935 LSI Logic Corp. (a)....................................... 52,338 159,107 Micron Technology, Inc. (a)(b)............................ 61,976 251,623 National Semiconductor Corp. (b).......................... 18,600 191,022 Novellus Systems, Inc. (a)................................ 8,128 135,169 ON Semiconductor Corp. (a)(b)............................. 32,988 128,653 PMC-Sierra, Inc. (a)...................................... 17,600 112,288 Silicon Laboratories, Inc. (a)............................ 3,600 95,040 Varian Semiconductor Equipment Associates, Inc. (a)(b).... 5,877 127,296 ----------- 1,969,804 ----------- SOFTWARE -- 5.5% Ansys, Inc. (a)(b)........................................ 7,263 182,301 Cadence Design Systems, Inc. (a)(b)....................... 20,952 87,998 Concur Technologies, Inc. (a)(b).......................... 3,884 74,534 Factset Research Systems, Inc. (b)........................ 3,502 175,065 Informatica Corp. (a)..................................... 7,200 95,472 Jack Henry & Associates, Inc. ............................ 6,886 112,379 Macrovision Solutions Corp. (a)(b)........................ 6,700 119,193 MICROS Systems, Inc. (a)(b)............................... 6,521 122,269 Nuance Communications, Inc. (a)(b)........................ 17,689 192,103 Parametric Technology Corp. (a)(b)........................ 9,451 94,321 Quality Systems, Inc. (b)................................. 1,500 67,875 Quest Software, Inc. (a).................................. 5,300 67,204 Solera Holdings, Inc. (a)(b).............................. 5,600 138,768 Sybase, Inc. (a)(b)....................................... 6,600 199,914 ----------- 1,729,396 ----------- SPECIALTY RETAIL -- 5.3% Aaron Rents, Inc. (b)..................................... 3,900 103,974 Abercrombie & Fitch Co. (Class A) (b)..................... 7,090 168,742 Aeropostale, Inc. (a)(b).................................. 5,381 142,919 American Eagle Outfitters, Inc. (b)....................... 14,266 174,616 CarMax, Inc. (a)(b)....................................... 16,070 199,911 Dick's Sporting Goods, Inc. (a)(b)........................ 6,806 97,122 Guess ?, Inc. (b)......................................... 4,875 102,765 PetSmart, Inc. ........................................... 10,317 216,244
37 SPDR DOW JONES MID CAP GROWTH ETF (FORMERLY SPRD DJ WILSHIRE MID CAP GROWTH ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ----------- Tiffany & Co. (b)......................................... 10,100 $ 217,756 Tractor Supply Co. (a)(b)................................. 2,500 90,150 Urban Outfitters, Inc. (a)(b)............................. 9,700 158,789 ----------- 1,672,988 ----------- THRIFTS & MORTGAGE FINANCE -- 0.3% NewAlliance Bancshares, Inc. (b).......................... 8,100 95,094 ----------- TRADING COMPANIES & DISTRIBUTORS -- 0.3% MSC Industrial Direct Co., Inc. (Class A) (b)............. 3,500 108,745 ----------- WIRELESS TELECOMMUNICATION SERVICES -- 1.3% Clearwire Corp. (Class A) (a)(b).......................... 5,700 29,355 Leap Wireless International, Inc. (a)(b).................. 4,322 150,708 SBA Communications Corp. (Class A) (a)(b)................. 9,468 220,605 ----------- 400,668 ----------- TOTAL COMMON STOCKS -- (Cost $41,789,284)...................................... 31,474,081 ----------- SHORT TERM INVESTMENTS -- 29.1% MONEY MARKET FUND -- 29.1% State Street Navigator Securities Lending Prime Portfolio (c)(d).......................... 9,011,805 9,011,805 STIC Prime Portfolio...................................... 178,758 178,758 ----------- TOTAL SHORT TERM INVESTMENTS -- (Cost $9,190,563)....................................... 9,190,563 ----------- TOTAL INVESTMENTS -- 128.8% (Cost $50,979,847)............ 40,664,644 OTHER ASSETS AND LIABILITIES -- (28.8)%................... (9,084,782) ----------- NET ASSETS -- 100.0%...................................... $31,579,862 ===========
(a) Non-income producing security. (b) Security, or portion thereof, was on loan at March 31, 2009. (c) Investments of cash collateral for securities loaned. (d) Affiliated Fund managed by SSgA Funds Management, Inc. 38 SPDR DOW JONES MID CAP VALUE ETF (FORMERLY SPDR DJ WILSHIRE MID CAP VALUE ETF) SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ----------- COMMON STOCKS -- 99.5% AEROSPACE & DEFENSE -- 1.1% Alliant Techsystems, Inc. (a)(b)....................... 791 $ 52,981 Curtiss-Wright Corp. (b)............................... 1,066 29,901 Esterline Technologies Corp. (a)....................... 697 14,073 ----------- 96,955 ----------- AIRLINES -- 0.5% Alaska Air Group, Inc. (a)(b).......................... 859 15,093 Continental Airlines, Inc. (Class B) (a)(b)............ 2,945 25,945 ----------- 41,038 ----------- AUTOMOBILES -- 0.3% General Motors Corp. (b)............................... 12,641 24,524 ----------- BEVERAGES -- 0.3% PepsiAmericas, Inc. (b)................................ 1,520 26,220 ----------- BUILDING PRODUCTS -- 1.3% Lennox International, Inc. (b)......................... 1,246 32,969 Masco Corp. (b)........................................ 8,810 61,494 Owens Corning, Inc. (a)(b)............................. 2,084 18,839 ----------- 113,302 ----------- CAPITAL MARKETS -- 2.1% AllianceBernstein Holding LP (b)....................... 789 11,614 Federated Investors, Inc. (Class B) (b)................ 2,321 51,665 Legg Mason, Inc. (b)................................... 3,426 54,473 Och-Ziff Capital Management Group (Class A)............ 858 5,208 The Blackstone Group LP (b)............................ 3,867 28,036 Waddell & Reed Financial, Inc. (Class A) (b)........... 2,021 36,520 ----------- 187,516 ----------- CHEMICALS -- 3.9% Eastman Chemical Co. (b)............................... 1,628 43,630 International Flavors & Fragrances, Inc. (b)........... 1,899 57,844 Intrepid Potash, Inc. (a)(b)........................... 822 15,166 Lubrizol Corp. (b)..................................... 1,627 55,334 Olin Corp. (b)......................................... 1,644 23,460 RPM International, Inc. (b)............................ 3,068 39,056 Sensient Technologies Corp. (b)........................ 1,130 26,555 The Scotts Miracle-Gro Co. (Class A) (b)............... 1,055 36,608 Valhi, Inc. ........................................... 281 2,636 Valspar Corp. (b)...................................... 2,216 44,253 ----------- 344,542 ----------- COMMERCIAL BANKS -- 10.1% Associated Bancorp (b)................................. 2,840 43,850 BancorpSouth, Inc. (b)................................. 1,839 38,325 Bank of Hawaii Corp. (b)............................... 1,137 37,498 BOK Financial Corp. (b)................................ 536 18,519 City National Corp. (b)................................ 945 31,913 Comerica, Inc. (b)..................................... 3,645 66,740 Commerce Bancshares, Inc. (b).......................... 1,490 54,087 Cullen/Frost Bankers, Inc. (b)......................... 1,354 63,557 First Citizens Bancshares, Inc. (Class A).............. 139 18,320 First Horizon National Corp. (b)....................... 5,101 54,785 FirstMerit Corp. ...................................... 1,782 32,432 Fulton Financial Corp. (b)............................. 4,132 27,395 PNC Financial Services Group, Inc. .................... 1 29 Prosperity Bancshares, Inc. (b)........................ 1,098 30,030 Regions Financial Corp. (b)............................ 16,774 71,457 SunTrust Banks, Inc. (b)............................... 8,513 99,943 Synovus Financial Corp. (b)............................ 6,528 21,216 TCF Financial Corp. (b)................................ 2,952 34,715 Trustmark Corp. (b).................................... 1,203 22,111 UMB Financial Corp. ................................... 739 31,400 Valley National Bancorp (b)............................ 3,217 39,794 Westamerica Bancorporation (b)......................... 692 31,528 Zions Bancorp (b)...................................... 2,748 27,013 ----------- 896,657 ----------- COMMERCIAL SERVICES & SUPPLIES -- 1.3% Avery Dennison Corp. (b)............................... 2,279 50,913 R.R. Donnelley & Sons Co. (b).......................... 4,887 35,822 The Brink's Co. ....................................... 937 24,793 ----------- 111,528 ----------- COMPUTERS & PERIPHERALS -- 1.5% Diebold, Inc. ......................................... 1,565 33,413 Lexmark International, Inc. (Class A) (a)(b)........... 1,869 31,530 Seagate Technology (b)................................. 11,715 70,407 ----------- 135,350 ----------- CONSTRUCTION & ENGINEERING -- 1.5% EMCOR Group, Inc. (a)(b)............................... 1,558 26,751 Granite Construction, Inc. (b)......................... 756 28,335 URS Corp. (a)(b)....................................... 2,013 81,345 ----------- 136,431 ----------- CONTAINERS & PACKAGING -- 3.6% Aptargroup, Inc. (b)................................... 1,549 48,236 Bemis Co., Inc. (b).................................... 2,431 50,978 Greif, Inc. (Class A) (b).............................. 821 27,331 Owens-Illinois, Inc. (a)(b)............................ 4,033 58,237 Packaging Corp. of America (b)......................... 2,441 31,782 Rock-Tenn Co. (Class A)................................ 906 24,507 Silgan Holdings, Inc. (b).............................. 599 31,471 Sonoco Products Co. ................................... 2,405 50,457 ----------- 322,999 ----------- DIVERSIFIED CONSUMER SERVICES -- 0.4% Service Corp. International............................ 6,130 21,394 Weight Watchers International, Inc. ................... 843 15,637 ----------- 37,031 ----------- DIVERSIFIED TELECOMMUNICATION SERVICES -- 1.4% CenturyTel, Inc. (b)................................... 2,417 67,966 Frontier Communications Corp. (b)...................... 7,530 54,065 ----------- 122,031 ----------- ELECTRIC UTILITIES -- 3.5% Cleco Corp. ........................................... 1,423 30,865 DPL, Inc. (b).......................................... 2,800 63,112 Great Plains Energy, Inc. (b).......................... 2,810 37,851 Hawaiian Electric Industries, Inc. (b)................. 2,149 29,527 IDACORP, Inc. (b)...................................... 1,073 25,065 NV Energy, Inc. (b).................................... 5,649 53,044 Portland General Electric Co. ......................... 1,752 30,818 Westar Energy, Inc. (b)................................ 2,621 45,946 ----------- 316,228 -----------
39 SPDR DOW JONES MID CAP VALUE ETF (FORMERLY SPDR DJ WILSHIRE MID CAP VALUE ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ----------- ELECTRICAL EQUIPMENT -- 1.2% Acuity Brands, Inc. ................................... 969 $ 21,841 Brady Corp. (Class A) (b).............................. 1,124 19,816 Hubbell, Inc. (Class B) (b)............................ 1,249 33,673 Thomas & Betts Corp. (a)(b)............................ 1,271 31,801 ----------- 107,131 ----------- ELECTRONIC EQUIPMENT, COMPONENTS & INSTRUMENTS -- 0.9% Anixter International, Inc. (a)(b)..................... 730 23,127 AVX Corp. ............................................. 1,224 11,114 Ingram Micro, Inc. (Class A) (a)(b).................... 3,419 43,216 ----------- 77,457 ----------- ENERGY EQUIPMENT & SERVICES -- 0.8% SEACOR Holdings, Inc. (a).............................. 452 26,356 Tidewater, Inc. (b).................................... 1,247 46,301 ----------- 72,657 ----------- FOOD & STAPLES RETAILING -- 0.8% BJ's Wholesale Club, Inc. (a)(b)....................... 1,446 46,257 Ruddick Corp. ......................................... 1,006 22,585 ----------- 68,842 ----------- FOOD PRODUCTS -- 1.7% Corn Products International, Inc. (b).................. 1,764 37,397 Del Monte Foods Co. ................................... 4,750 34,628 Fresh Del Monte Produce, Inc. (a)...................... 1,093 17,947 Lancaster Colony Corp. (b)............................. 486 20,159 Smithfield Foods, Inc. (a)(b).......................... 3,204 30,310 Tootsie Roll Industries, Inc. ......................... 549 11,924 ----------- 152,365 ----------- GAS UTILITIES -- 5.5% AGL Resources, Inc. (b)................................ 1,849 49,054 Amerigas Partners LP (b)............................... 769 21,747 Atmos Energy Corp. .................................... 2,216 51,234 National Fuel Gas Co. (b).............................. 1,631 50,023 New Jersey Resources Corp. ............................ 1,004 34,116 Nicor, Inc. (b)........................................ 1,071 35,589 Northwest Natural Gas Co. ............................. 634 27,528 Piedmont Natural Gas Co., Inc. (b)..................... 1,669 43,211 South Jersey Industries, Inc. ......................... 699 24,465 Southwest Gas Corp. ................................... 1,047 22,060 Suburban Propane Partners LP........................... 777 28,407 UGI Corp. ............................................. 2,600 61,386 WGL Holdings, Inc. (b)................................. 1,195 39,196 ----------- 488,016 ----------- HEALTH CARE EQUIPMENT & SUPPLIES -- 1.3% Inverness Medical Innovations, Inc. (a)(b)............. 1,865 49,665 STERIS Corp. (b)....................................... 1,287 29,961 Teleflex, Inc. (b)..................................... 946 36,979 ----------- 116,605 ----------- HEALTH CARE PROVIDERS & SERVICES -- 1.5% LifePoint Hospitals, Inc. (a).......................... 1,269 26,472 Magellan Health Services, Inc. (a)(b).................. 914 33,306 Owens & Minor, Inc. ................................... 976 32,335 Universal Health Services, Inc. (Class B) (b).......... 1,136 43,554 ----------- 135,667 ----------- HOTELS, RESTAURANTS & LEISURE -- 1.8% Brinker International, Inc. ........................... 2,412 36,421 International Speedway Corp. (Class A)................. 758 16,722 Jack in the Box, Inc. (a).............................. 1,352 31,488 Royal Caribbean Cruises, Ltd. (b)...................... 3,203 25,656 Starwood Hotels & Resorts Worldwide, Inc. (b).......... 4,087 51,905 ----------- 162,192 ----------- HOUSEHOLD DURABLES -- 5.0% Leggett & Platt, Inc. (b).............................. 3,781 49,115 Lennar Corp. (Class A) (b)............................. 3,318 24,918 M.D.C. Holdings, Inc. (b).............................. 859 26,749 Mohawk Industries, Inc. (a)(b)......................... 1,316 39,309 Newell Rubbermaid, Inc. ............................... 6,756 43,103 NVR, Inc. (a)(b)....................................... 118 50,475 Snap-on, Inc. (b)...................................... 1,369 34,362 The Black & Decker Corp. (b)........................... 1,429 45,099 The Stanley Works (b).................................. 1,893 55,124 Tupperware Brands Corp. ............................... 1,469 24,959 Whirlpool Corp. (b).................................... 1,779 52,641 ----------- 445,854 ----------- INDUSTRIAL CONGLOMERATES -- 0.7% Carlisle Cos., Inc. ................................... 1,455 28,561 Icahn Enterprises LP................................... 148 3,848 Textron, Inc. (b)...................................... 5,747 32,988 ----------- 65,397 ----------- INSURANCE -- 10.9% Alleghany Corp. (a)(b)................................. 145 39,227 Allied World Assurance Company Holdings, Ltd. (b)...... 833 31,679 American Financial Group, Inc. ........................ 1,843 29,580 American International Group, Inc. (b)................. 56,999 56,999 American National Insurance Co. ....................... 375 19,654 Arthur J. Gallagher & Co. (b).......................... 2,265 38,505 Aspen Insurance Holdings, Ltd. (b)..................... 1,794 40,293 Assurant, Inc. (b)..................................... 2,847 62,008 CNA Financial Corp. (b)................................ 702 6,430 Endurance Specialty Holdings, Ltd. (b)................. 1,217 30,352 Erie Indemnity Co. (Class A) (b)....................... 764 26,113 First American Corp. (b)............................... 1,980 52,490 IPC Holdings, Ltd. .................................... 1,114 30,123 Max Capital Group, Ltd. ............................... 1,124 19,378 Mercury General Corp. (b).............................. 627 18,622 Montpelier Re Holdings, Ltd. (b)....................... 2,027 26,270 Old Republic International Corp. (b)................... 5,586 60,440 OneBeacon Insurance Group, Ltd. (Class A) (b).......... 549 5,303 Platinum Underwriters Holdings, Ltd. .................. 1,137 32,245 ProAssurance Corp. (a)................................. 738 34,406 Reinsurance Group of America, Inc. (b)................. 1,502 48,650 RLI Corp. (b).......................................... 457 22,941 StanCorp Financial Group, Inc. (b)..................... 1,168 26,607 The Hanover Insurance Group, Inc. ..................... 1,229 35,420 Torchmark Corp. (b).................................... 2,056 53,929 Transatlantic Holdings, Inc. (b)....................... 628 22,401 Validus Holdings, Ltd. (b)............................. 766 18,139 Wesco Financial Corp. ................................. 36 9,936
40 SPDR DOW JONES MID CAP VALUE ETF (FORMERLY SPDR DJ WILSHIRE MID CAP VALUE ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ----------- White Mountains Insurance Group, Ltd. (b).............. 183 $ 31,459 XL Capital, Ltd. (Class A) (b)......................... 7,885 43,052 ----------- 972,651 ----------- IT SERVICES -- 1.1% CACI International, Inc. (Class A) (a)(b).............. 715 26,091 Lender Processing Services, Inc. (b)................... 2,289 70,066 ----------- 96,157 ----------- LEISURE EQUIPMENT & PRODUCTS -- 0.3% Eastman Kodak Co. (b).................................. 6,399 24,316 ----------- LIFE SCIENCES TOOLS & SERVICES -- 0.3% Bio-Rad Laboratories, Inc. (Class A) (a)............... 464 30,578 ----------- MACHINERY -- 2.6% Crane Co. (b).......................................... 1,245 21,016 IDEX Corp. (b)......................................... 2,000 43,740 Kennametal, Inc. ...................................... 1,752 28,400 Pentair, Inc. (b)...................................... 2,413 52,290 SPX Corp. ............................................. 1,308 61,489 The Timken Co. (b)..................................... 1,841 25,700 ----------- 232,635 ----------- MEDIA -- 1.0% DreamWorks Animation SKG, Inc. (Class A) (a)(b)........ 1,381 29,885 Regal Entertainment Group.............................. 1,858 24,916 Virgin Media, Inc. (b)................................. 6,969 33,451 ----------- 88,252 ----------- METALS & MINING -- 0.3% Commercial Metals Co. ................................. 2,677 30,919 ----------- MULTI-UTILITIES -- 3.1% CMS Energy Corp. (b)................................... 5,412 64,078 NiSource, Inc. ........................................ 6,612 64,798 OGE Energy Corp. ...................................... 2,290 54,548 TECO Energy, Inc. (b).................................. 4,809 53,620 Vectren Corp. (b)...................................... 1,930 40,704 ----------- 277,748 ----------- MULTILINE RETAIL -- 0.5% Big Lots, Inc. (a)(b).................................. 1,940 40,313 ----------- OIL, GAS & CONSUMABLE FUELS -- 6.5% Alliance Resource Partners LP (b)...................... 485 14,114 BP Prudhoe Bay Royalty Trust........................... 510 33,206 Buckeye Partners LP (b)................................ 1,171 41,758 Encore Acquisition Co. (a)(b).......................... 1,197 27,854 Forest Oil Corp. (a)(b)................................ 2,089 27,470 Inergy LP (b).......................................... 1,100 24,112 Linn Energy LLC (b).................................... 2,603 38,785 Magellan Midstream Partners LP (b)..................... 1,606 47,168 Massey Energy Co. (b).................................. 2,016 20,402 Natural Resource Partners LP (b)....................... 762 17,015 Newfield Exploration Co. (a)(b)........................ 3,176 72,095 NuStar Energy LP (b)................................... 1,030 47,493 Pioneer Natural Resources Co. (b)...................... 2,848 46,907 Southern Union Co. (b)................................. 2,487 37,852 Sunoco Logistics Partners LP........................... 391 20,164 Teekay Corp. (b)....................................... 1,007 14,330 TEPPCO Partners LP (b)................................. 2,059 46,636 ----------- 577,361 ----------- PAPER & FOREST PRODUCTS -- 0.5% MeadWestvaco Corp. (b)................................. 3,908 46,857 ----------- PERSONAL PRODUCTS -- 0.5% Alberto-Culver Co. (b)................................. 2,120 47,933 ----------- PHARMACEUTICALS -- 0.5% King Pharmaceuticals, Inc. (a)(b)...................... 5,865 41,466 ----------- REAL ESTATE INVESTMENT TRUSTS -- 10.3% Alexandria Real Estate Equities, Inc. (b).............. 960 34,944 AMB Property Corp. .................................... 3,334 48,010 Camden Property Trust (b).............................. 1,256 27,104 Douglas Emmett, Inc. (b)............................... 2,598 19,199 Duke Realty Corp. (b).................................. 3,471 19,091 Essex Property Trust, Inc. (b)......................... 639 36,640 Federal Realty Investment Trust (b).................... 1,419 65,274 Highwoods Properties, Inc. (b)......................... 1,514 32,430 Hospitality Properties Trust (b)....................... 2,237 26,844 Host Hotels & Resorts, Inc. (b)........................ 12,603 49,404 Kimco Realty Corp. .................................... 5,499 41,902 Liberty Property Trust................................. 2,376 45,001 Mack-Cali Realty Corp. ................................ 1,565 31,003 MFA Financial, Inc. ................................... 5,309 31,217 National Retail Properties, Inc. ...................... 1,868 29,589 Nationwide Health Properties, Inc. (b)................. 2,475 54,920 OMEGA Healthcare Investors, Inc. ...................... 1,952 27,484 ProLogis (b)........................................... 6,332 41,158 Rayonier, Inc. (b)..................................... 1,896 57,297 Realty Income Corp. (b)................................ 2,527 47,558 Regency Centers Corp. (b).............................. 1,650 43,841 Senior Housing Properties Trust (b).................... 2,861 40,111 UDR, Inc. (b).......................................... 3,243 27,922 Washington Real Estate Investment Trust (b)............ 1,249 21,608 Weingarten Realty Investors (b)........................ 1,926 18,336 ----------- 917,887 ----------- REAL ESTATE MANAGEMENT & DEVELOPMENT -- 0.7% Brookfield Properties Corp. ........................... 4,847 27,822 The St. Joe Co. (a)(b)................................. 2,186 36,593 ----------- 64,415 ----------- ROAD & RAIL -- 0.9% Kansas City Southern (a)(b)............................ 2,174 27,632 Ryder Systems, Inc. (b)................................ 1,326 37,539 Werner Enterprises, Inc. (b)........................... 1,219 18,431 ----------- 83,602 ----------- SOFTWARE -- 1.6% Compuware Corp. (a)(b)................................. 5,876 38,723 Novell, Inc. (a)(b).................................... 8,230 35,060 Synopsys, Inc. (a)..................................... 3,426 71,021 ----------- 144,804 ----------- SPECIALTY RETAIL -- 2.3% AutoNation, Inc. (a)(b)................................ 2,647 36,740 Foot Locker, Inc. ..................................... 3,693 38,703 Limited Brands, Inc. .................................. 6,646 57,820 RadioShack Corp. (b)................................... 2,981 25,547 Rent-A-Center, Inc. (a)................................ 1,594 30,876 The Buckle, Inc. (b)................................... 564 18,009 ----------- 207,695 -----------
41 SPDR DOW JONES MID CAP VALUE ETF (FORMERLY SPDR DJ WILSHIRE MID CAP VALUE ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ----------- THRIFTS & MORTGAGE FINANCE -- 0.7% First Niagara Financial Group, Inc. (b)................ 2,826 $ 30,803 Washington Federal, Inc. (b)........................... 2,099 27,896 ----------- 58,699 ----------- TRADING COMPANIES & DISTRIBUTORS -- 0.2% GATX Corp. (b)......................................... 1,022 20,675 ----------- WATER UTILITIES -- 0.7% Aqua America, Inc. (b)................................. 3,227 64,540 ----------- TOTAL COMMON STOCKS -- (Cost $11,896,807)................................... 8,874,038 ----------- SHORT TERM INVESTMENTS -- 29.9% MONEY MARKET FUNDS -- 29.9% State Street Navigator Securities Lending Prime Portfolio (c)(d)....................... 2,529,094 2,529,094 STIC Prime Portfolio................................... 132,182 132,182 ----------- TOTAL SHORT TERM INVESTMENTS -- (Cost $2,661,276).................................... 2,661,276 ----------- TOTAL INVESTMENTS -- 129.4% (Cost $14,558,083)......... 11,535,314 OTHER ASSETS AND LIABILITIES -- (29.4)%............................... (2,620,323) ----------- NET ASSETS -- 100.0%................................... $ 8,914,991 ===========
(a) Non-income producing security. (b) Security, or portion thereof, was on loan at March 31, 2009. (c) Investments of cash collateral for securities loaned. (d) Affiliated Fund managed by SSgA Funds Management, Inc. 42 SPDR DOW JONES SMALL CAP ETF (FORMERLY SPDR DJ WILSHIRE SMALL CAP ETF) SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ----------- COMMON STOCKS -- 99.7% AEROSPACE & DEFENSE -- 1.5% AAR Corp. (a)(b)....................................... 735 $ 9,217 Aerovironment, Inc. (a)................................ 224 4,682 American Science & Engineering, Inc. .................. 173 9,653 Applied Signal Technology, Inc. ....................... 256 5,179 Argon ST, Inc. (a)..................................... 227 4,306 Axsys Technologies, Inc. (a)(b)........................ 148 6,222 BE Aerospace, Inc. (a)(b).............................. 1,869 16,204 Ceradyne, Inc. (a)(b).................................. 500 9,065 Cubic Corp. (b)........................................ 278 7,042 Curtiss-Wright Corp. (b)............................... 825 23,141 Ducommun, Inc. ........................................ 209 3,039 DynCorp International, Inc. (Class A) (a)(b)........... 436 5,812 Esterline Technologies Corp. (a)....................... 495 9,994 GenCorp, Inc. (a)(b)................................... 850 1,802 Heico Corp. (Class A) (b).............................. 379 7,819 Hexcel Corp. (a)(b).................................... 1,570 10,315 Ladish Co., Inc. (a)................................... 229 1,662 Moog, Inc. (Class A) (a)............................... 716 16,375 Orbital Sciences Corp. (a)(b).......................... 1,089 12,948 Stanley, Inc. (a)...................................... 286 7,261 Taser International, Inc. (a)(b)....................... 1,057 4,947 Teledyne Technologies, Inc. (a)(b)..................... 625 16,675 TransDigm Group, Inc. (a)(b)........................... 680 22,331 Triumph Group, Inc. (b)................................ 313 11,957 ----------- 227,648 ----------- AIR FREIGHT & LOGISTICS -- 0.3% Atlas Air Worldwide Holdings, Inc. (a)(b).............. 214 3,713 Forward Air Corp. (b).................................. 546 8,862 HUB Group, Inc. (Class A) (a).......................... 715 12,155 Pacer International, Inc. (b).......................... 559 1,956 UTI Worldwide, Inc. ................................... 1,663 19,873 ----------- 46,559 ----------- AIRLINES -- 0.7% AirTran Holdings, Inc. (a)(b).......................... 2,272 10,338 Alaska Air Group, Inc. (a)(b).......................... 677 11,895 Allegiant Travel Co. (a)(b)............................ 256 11,638 Continental Airlines, Inc. (Class B) (a)(b)............ 2,284 20,122 Hawaiian Holdings, Inc. (a)............................ 688 2,566 JetBlue Airways Corp. (a)(b)........................... 3,430 12,519 Republic Airways Holdings, Inc. (a)(b)................. 587 3,804 SkyWest, Inc. ......................................... 1,066 13,261 UAL Corp. (a)(b)....................................... 2,412 10,806 US Airways Group, Inc. (a)(b).......................... 1,695 4,288 ----------- 101,237 ----------- AUTO COMPONENTS -- 0.5% Cooper Tire & Rubber Co. (b)........................... 954 3,854 Drew Industries, Inc. (a)(b)........................... 332 2,882 Exide Technologies (a)................................. 745 2,235 Federal-Mogul Corp. (a)(b)............................. 409 2,732 Fuel Systems Solutions, Inc. (a)(b).................... 188 2,534 Gentex Corp. (b)....................................... 2,570 25,597 Raser Technologies, Inc. (a)(b)........................ 700 2,933 Superior Industries International, Inc. (b)............ 354 4,195 Tenneco Automotive, Inc. (a)(b)........................ 755 1,231 TRW Automotive Holdings Corp. (a)...................... 878 2,827 WABCO Holdings, Inc. .................................. 1,298 15,979 ----------- 66,999 ----------- AUTOMOBILES -- 0.1% Thor Industries, Inc. (b).............................. 717 11,199 Winnebago Industries, Inc. ............................ 464 2,464 ----------- 13,663 ----------- BEVERAGES -- 0.1% Boston Beer Co., Inc. (Class A) (a)(b)................. 160 3,338 Central European Distribution Corp. (a)(b)............. 736 7,919 Coca-Cola Bottling Co. (b)............................. 64 3,331 National Beverage Corp. (a)............................ 167 1,532 ----------- 16,120 ----------- BIOTECHNOLOGY -- 2.9% Acorda Therapeutics, Inc. (a)(b)....................... 699 13,847 Affymax, Inc. (a)...................................... 125 2,014 Alkermes, Inc. (a)(b).................................. 1,756 21,300 Allos Therapeutics, Inc. (a)(b)........................ 1,110 6,860 Alnylam Pharmaceuticals, Inc. (a)(b)................... 672 12,795 Amicus Therapeutics, Inc. (a).......................... 184 1,680 Arena Pharmaceuticals, Inc. (a)(b)..................... 1,228 3,696 Ariad Pharmaceuticals, Inc. (a)(b)..................... 1,063 1,265 ArQule, Inc. (a)(b).................................... 657 2,720 Array BioPharma, Inc. (a)(b)........................... 999 2,637 Celera Corp. (a)(b).................................... 1,518 11,582 Cepheid, Inc. (a)(b)................................... 923 6,369 Cougar Biotechnology, Inc. (a)(b)...................... 318 10,240 Cubist Pharmaceuticals, Inc. (a)....................... 1,064 17,407 CV Therapeutics, Inc. (a).............................. 1,048 20,834 Dendreon Corp. (a)(b).................................. 1,458 6,124 Emergent Biosolutions, Inc. (a)(b)..................... 282 3,810 Enzon Pharmaceuticals, Inc. (a)(b)..................... 661 4,012 Facet Biotech Corp. (a)(b)............................. 394 3,743 Genomic Health, Inc. (a)............................... 257 6,266 Geron Corp. (a)(b)..................................... 1,398 6,249 GTX, Inc. (a)(b)....................................... 285 3,015 Halozyme Therapeutics, Inc. (a)(b)..................... 1,109 6,055 Human Genome Sciences, Inc. (a)(b)..................... 2,198 1,824 Idenix Pharmaceuticals, Inc. (a)(b).................... 332 1,023 Immunogen, Inc. (a)(b)................................. 983 6,979 Incyte Corp. (a)(b).................................... 1,542 3,608 InterMune, Inc. (a)(b)................................. 640 10,522 Isis Pharmaceuticals, Inc. (a)(b)...................... 1,663 24,962 Lexicon Pharmaceuticals, Inc. (a)(b)................... 1,491 1,625 Ligand Pharmaceuticals, Inc. (Class B) (a)(b).......... 1,639 4,884 MannKind Corp. (a)(b).................................. 841 2,927 Martek Biosciences Corp. (b)........................... 628 11,461 Maxygen, Inc. (a)...................................... 461 3,135 Medarex, Inc. (a)(b)................................... 2,391 12,266 Metabolix, Inc. (a).................................... 396 2,701 Micromet, Inc. (a)..................................... 1,013 3,201 Momenta Pharmaceuticals, Inc. (a)...................... 625 6,881 Nabi Biopharmaceuticals (a)............................ 1,041 3,852 Neurocrine Biosciences, Inc. (a)....................... 587 2,084 NPS Pharmaceuticals, Inc. (a).......................... 948 3,982 Onyx Pharmaceuticals, Inc. (a)(b)...................... 1,019 29,092 Opko Health, Inc. (a)(b)............................... 1,736 1,701 Orexigen Therapeutics, Inc. (a)(b)..................... 551 1,438
43 SPDR DOW JONES SMALL CAP ETF (FORMERLY SPDR DJ WILSHIRE SMALL CAP ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ----------- Osiris Therapeutics, Inc. (a)(b)....................... 295 $ 4,071 PDL BioPharma, Inc. (a)................................ 2,225 15,753 Pharmasset, Inc. (a)(b)................................ 435 4,267 Progenics Pharmaceuticals, Inc. (a)(b)................. 411 2,708 Regeneron Pharmaceuticals, Inc. (a)(b)................. 1,151 15,953 Rigel Pharmaceuticals, Inc. (a)(b)..................... 594 3,647 Sangamo Biosciences, Inc. (a)(b)....................... 607 2,568 Savient Pharmaceuticals, Inc. (a)(b)................... 877 4,341 Seattle Genetics, Inc. (a)(b).......................... 1,142 11,260 SIGA Technologies, Inc. (a)............................ 581 2,946 StemCells, Inc. (a)(b)................................. 1,740 2,906 Theravance, Inc. (a)(b)................................ 971 16,507 United Therapeutics Corp. (a)(b)....................... 427 28,220 Zymogenetics, Inc. (a)(b).............................. 615 2,454 ----------- 432,269 ----------- BUILDING PRODUCTS -- 0.8% AAON, Inc. ............................................ 280 5,074 American Woodmark Corp. ............................... 151 2,651 Ameron International Corp. (b)......................... 139 7,320 Apogee Enterprises, Inc. (b)........................... 459 5,040 Armstrong World Industries, Inc. (a)(b)................ 298 3,281 Builders FirstSource, Inc. (a)(b)...................... 263 531 Gibraltar Industries, Inc. (b)......................... 444 2,096 Griffon Corp. (a)(b)................................... 951 7,132 Lennox International, Inc. (b)......................... 961 25,428 NCI Building Systems, Inc. (a)(b)...................... 317 704 Owens Corning, Inc. (a)(b)............................. 1,629 14,726 Quanex Building Products Corp. (b)..................... 607 4,613 Simpson Manufacturing Co., Inc. (b).................... 704 12,686 Trex Co., Inc. (a)..................................... 305 2,327 Universal Forest Products, Inc. (b).................... 339 9,021 USG Corp. (a)(b)....................................... 1,264 9,619 ----------- 112,249 ----------- CAPITAL MARKETS -- 1.9% BGC Partners, Inc. (Class A) (b)....................... 484 1,070 Broadpoint Securities Group, Inc. (a)(b)............... 773 2,551 Calamos Asset Management, Inc. (Class A) (b)........... 323 1,554 Cohen & Steers, Inc. (b)............................... 270 3,013 E*TRADE Financial Corp. (a)(b)......................... 8,352 10,691 FBR Capital Markets Corp. (a)(b)....................... 506 1,665 FCStone Group, Inc. (a)(b)............................. 431 983 Fortress Investment Group LLC (Class A)................ 644 1,616 GAMCO Investors, Inc. (Class A) (b).................... 103 3,363 GFI Group, Inc. ....................................... 1,057 3,393 GLG Partners, Inc. (b)................................. 3,764 10,690 Greenhill & Co., Inc. (b).............................. 209 15,435 Investment Technology Group, Inc. (a)(b)............... 804 20,518 Janus Capital Group, Inc. (b).......................... 2,928 19,471 KBW, Inc. (a)(b)....................................... 623 12,678 Knight Capital Group, Inc. (Class A) (a)(b)............ 1,667 24,572 LaBranche & Co., Inc. (a).............................. 932 3,486 MF Global, Ltd. (a)(b)................................. 1,596 6,751 optionsXpress Holdings, Inc. (b)....................... 885 10,062 Penson Worldwide, Inc. (a)(b).......................... 338 2,173 Piper Jaffray Co., Inc. (a)(b)......................... 363 9,362 Pzena Investment Management, Inc. (Class A)............ 87 166 Riskmetrics Group, Inc. (a)(b)......................... 588 8,402 Stifel Financial Corp. (a)(b).......................... 475 20,572 SWS Group, Inc. (b).................................... 532 8,262 Teton Advisors, Inc. (a) (c)........................... 1 2 The Blackstone Group LP................................ 2,998 21,735 thinkorswim Group, Inc. (a)(b)......................... 772 6,670 Thomas Weisel Partners Group, Inc. (a)(b).............. 362 1,296 TradeStation Group, Inc. (a)........................... 577 3,808 W.P. Carey & Co. LLC (b)............................... 504 11,184 Waddell & Reed Financial, Inc. (Class A)............... 1,558 28,153 Westwood Holdings Group, Inc. ......................... 119 4,652 ----------- 279,999 ----------- CHEMICALS -- 2.1% A. Schulman, Inc. ..................................... 381 5,162 American Vanguard Corp. (b)............................ 334 4,309 Arch Chemicals, Inc. (b)............................... 427 8,096 Ashland, Inc. ......................................... 1,261 13,026 Balchem Corp. ......................................... 296 7,438 Cabot Corp. ........................................... 953 10,016 Calgon Carbon Corp. (a)(b)............................. 1,005 14,241 Chemtura Corp. (b)..................................... 3,887 185 Cytec Industries, Inc. (b)............................. 889 13,353 Ferro Corp. (b)........................................ 713 1,020 H.B. Fuller Co. (b).................................... 908 11,804 Huntsman Corp. ........................................ 3,098 9,697 Innophos Holdings, Inc. ............................... 170 1,918 Koppers Holdings, Inc. (b)............................. 335 4,864 Kronos Worldwide, Inc. (b)............................. 50 384 LSB Industries, Inc. (a)(b)............................ 247 2,443 Minerals Technologies, Inc. ........................... 352 11,282 Nalco Holding Co. (b).................................. 2,522 32,962 NewMarket Corp. (b).................................... 212 9,392 NL Industries, Inc. (b)................................ 117 1,170 Olin Corp. (b)......................................... 1,277 18,223 OM Group, Inc. (a)(b).................................. 572 11,051 PolyOne Corp. (a)...................................... 1,370 3,165 Rockwood Holdings, Inc. (a)(b)......................... 735 5,836 RPM International, Inc. ............................... 2,363 30,081 Sensient Technologies Corp. (b)........................ 876 20,586 Solutia, Inc. (a)...................................... 1,071 2,003 Spartech Corp. ........................................ 486 1,196 Stepan Co. ............................................ 163 4,450 Valhi, Inc. (b)........................................ 185 1,735 Valspar Corp. (b)...................................... 1,702 33,989 W.R. Grace & Co. (a)................................... 973 6,149 Westlake Chemical Corp. (b)............................ 323 4,725 Zep, Inc. (b).......................................... 336 3,437 Zoltek Cos., Inc. (a)(b)............................... 445 3,030 ----------- 312,418 ----------- COMMERCIAL BANKS -- 7.0% 1st Source Corp. (b)................................... 227 4,097 Arrow Financial Corp. (b).............................. 208 4,928 Associated Bancorp (b)................................. 2,184 33,721 Bancfirst Corp. ....................................... 127 4,623 BancorpSouth, Inc. (b)................................. 1,416 29,509 Bank of Hawaii Corp. (b)............................... 875 28,857 Bank of the Ozarks, Inc. (b)........................... 201 4,639 Boston Private Financial Holdings, Inc. (b)............ 920 3,229
44 SPDR DOW JONES SMALL CAP ETF (FORMERLY SPDR DJ WILSHIRE SMALL CAP ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ----------- Camden National Corp. (b).............................. 156 $ 3,565 Capital City Bank Group, Inc. ......................... 215 2,464 Capitol Bancorp, Ltd. (b).............................. 254 1,054 Cathay General Bancorp (b)............................. 932 9,721 Central Pacific Financial Corp. (b).................... 460 2,576 Chemical Financial Corp. (b)........................... 427 8,886 Citizens Republic Bancorp, Inc. (a)(b)................. 2,166 3,357 City Holding Co. (b)................................... 269 7,341 CoBiz, Inc. (b)........................................ 347 1,822 Columbia Banking System, Inc. (b)...................... 285 1,824 Community Bank System, Inc. (b)........................ 556 9,313 Community Trust Bancorp, Inc. (b)...................... 264 7,062 CVB Financial Corp. (b)................................ 1,289 8,546 East West Bancorp, Inc. (b)............................ 1,033 4,721 F.N.B. Corp. (b)....................................... 1,678 12,870 Fifth Third Bancorp (b)................................ 9,750 28,470 First Bancorp- North Carolina (b)...................... 266 3,184 First BanCorp- Puerto Rico (b)......................... 1,265 5,389 First Busey Corp. (b).................................. 456 3,539 First Citizens Bancshares, Inc. (Class A).............. 109 14,366 First Commonwealth Financial Corp. (b)................. 1,462 12,968 First Community Bancshares, Inc. (b)................... 161 1,879 First Financial Bancorp................................ 622 5,928 First Financial Bankshares, Inc. (b)................... 331 15,944 First Financial Corp. (b).............................. 167 6,162 First Horizon National Corp. (b)....................... 3,852 41,370 First Merchants Corp. ................................. 371 4,003 First Midwest Bancorp, Inc. (b)........................ 796 6,838 FirstMerit Corp. (b)................................... 1,375 25,025 Frontier Financial Corp. (b)........................... 771 848 Fulton Financial Corp. (b)............................. 3,198 21,203 Glacier Bancorp, Inc. (b).............................. 1,099 17,265 Guaranty Bancorp (a)(b)................................ 829 1,451 Hampton Roads Bankshares, Inc. ........................ 458 3,568 Hancock Holding Co. (b)................................ 491 15,358 Hanmi Financial Corp. (b).............................. 720 936 Harleysville National Corp. (b)........................ 663 4,018 Heartland Financial USA, Inc. ......................... 301 4,076 Home Bancshares, Inc. (b).............................. 260 5,192 Huntington Bancshares, Inc. (b)........................ 6,864 11,394 IBERIABANK Corp. (b)................................... 288 13,231 Independent Bank Corp.- Massachusetts.................. 262 3,865 International Bancshares Corp. (b)..................... 885 6,903 Investors Bancorp, Inc. (a)(b)......................... 733 6,209 Lakeland Financial Corp. .............................. 217 4,164 Marshall & Ilsley Corp. (b)............................ 4,470 25,166 MB Financial, Inc. (b)................................. 581 7,902 Nara Bancorp, Inc. (b)................................. 382 1,123 National Penn Bancshares, Inc. (b)..................... 1,490 12,367 NBT Bancorp, Inc. (b).................................. 602 13,027 Northfield Bancorp, Inc. .............................. 329 3,596 Old National Bancorp (b)............................... 1,241 13,862 Old Second Bancorp, Inc. (b)........................... 216 1,372 Oriental Financial Group (b)........................... 365 1,781 Pacific Capital Bancorp (b)............................ 761 5,152 PacWest Bancorp (b).................................... 429 6,148 Park National Corp. (b)................................ 212 11,819 Pinnacle Financial Partners, Inc. (a)(b)............... 447 10,598 Popular, Inc. (b)...................................... 4,784 10,429 PrivateBancorp, Inc. (b)............................... 510 7,375 Prosperity Bancshares, Inc. (b)........................ 849 23,220 Provident Bankshares Corp. (b)......................... 586 4,131 Renasant Corp. (b)..................................... 341 4,283 Republic Bancorp, Inc.- Kentucky (b)................... 164 3,062 S&T Bancorp, Inc. (b).................................. 514 10,902 S.Y. Bancorp, Inc. (b)................................. 192 4,666 Sandy Spring Bancorp, Inc. (b)......................... 290 3,236 Santander Bancorp...................................... 86 678 SCBT Financial Corp. .................................. 222 4,640 Seacoast Banking Corp. -- Florida (b).................. 237 718 Signature Bank (a)(b).................................. 653 18,434 Simmons First National Corp. (b)....................... 206 5,189 South Financial Group, Inc. (b)........................ 1,194 1,313 Southside Bancshares, Inc. (b)......................... 251 4,744 StellarOne Corp. (b)................................... 434 5,169 Sterling Bancorp (b)................................... 321 3,178 Sterling Bancshares, Inc. (b).......................... 1,418 9,274 Sterling Financial Corp. -- Washington (b)............. 840 1,739 Suffolk Bancorp (b).................................... 154 4,002 Sun Bancorp, Inc. -- New Jersey (a).................... 302 1,567 Susquehanna Bancshares, Inc. (b)....................... 1,599 14,919 SVB Financial Group (a)(b)............................. 607 12,146 Synovus Financial Corp. ............................... 5,093 16,552 TCF Financial Corp. (b)................................ 2,274 26,742 Texas Capital Bancshares, Inc. (a)..................... 544 6,125 The Colonial BancGroup, Inc. (b)....................... 3,295 2,966 Tompkins Trustco, Inc. (b)............................. 131 5,633 TowneBank (b).......................................... 396 6,467 Trico Bancshares (b)................................... 242 4,051 Trustmark Corp. (b).................................... 936 17,204 UCBH Holdings, Inc. (b)................................ 1,831 2,765 UMB Financial Corp. ................................... 571 24,262 Umpqua Holdings Corp. (b).............................. 1,122 10,165 Union Bankshares Corp. ................................ 271 3,753 United Bankshares, Inc. (b)............................ 805 13,878 United Community Banks, Inc. (b)....................... 795 3,307 Univest Corp. of Pennsylvania.......................... 257 4,497 Valley National Bancorp. (b)........................... 2,479 30,665 Washington Trust Bancorp, Inc. (b)..................... 186 3,023 Webster Financial Corp. (b)............................ 858 3,647 WesBanco, Inc. (b)..................................... 429 9,794 Westamerica Bancorp. (b)............................... 534 24,329 Western Alliance Bancorp (a)(b)........................ 383 1,746 Whitney Holding Corp. (b).............................. 1,194 13,671 Wilmington Trust Corp. (b)............................. 1,258 12,190 Wintrust Financial Corp. (b)........................... 383 4,711 Zions Bancorp. (b)..................................... 2,125 20,889 ----------- 1,039,430 ----------- COMMERCIAL SERVICES & SUPPLIES -- 1.9% ABM Industries, Inc. (b)............................... 849 13,924 ACCO Brands Corp. (a)(b)............................... 884 866 American Ecology Corp. ................................ 258 3,597 American Reprographics Co. (a)......................... 648 2,294 ATC Technology Corp. (a)............................... 339 3,797 Bowne & Co., Inc. (b).................................. 454 1,457 Cenveo, Inc. (a)(b).................................... 816 2,652 Clean Harbors, Inc. (a)................................ 374 17,952 Comfort Systems USA, Inc. (b).......................... 771 7,995 Consolidated Graphics, Inc. (a)(b)..................... 161 2,048 Cornell Cos, Inc. (a)(b)............................... 231 3,781
45 SPDR DOW JONES SMALL CAP ETF (FORMERLY SPDR DJ WILSHIRE SMALL CAP ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ----------- Courier Corp. (b)...................................... 175 $ 2,655 Deluxe Corp. .......................................... 992 9,553 EnergySolutions, Inc. (b).............................. 1,287 11,133 EnerNOC, Inc. (a)(b)................................... 168 2,443 Ennis, Inc. ........................................... 410 3,633 Fuel Tech, Inc. (a)(b)................................. 306 3,201 G & K Services, Inc. (Class A) (b)..................... 326 6,165 GeoEye, Inc. (a)(b).................................... 290 5,727 Healthcare Services Group, Inc. (b).................... 635 9,506 Herman Miller, Inc. ................................... 909 9,690 HNI Corp. (b).......................................... 546 5,678 Innerworkings, Inc. (a)(b)............................. 459 1,960 Interface, Inc. (Class A).............................. 873 2,610 Kimball International, Inc. (Class B) (b).............. 403 2,644 Knoll, Inc. (b)........................................ 793 4,861 M&F Worldwide Corp. (a)(b)............................. 204 2,389 McGrath Rentcorp (b)................................... 453 7,139 Metalico, Inc. (a)(b).................................. 429 729 Mine Safety Appliances Co. (b)......................... 594 11,892 Mobile Mini, Inc. (a)(b)............................... 683 7,868 Rollins, Inc. ......................................... 960 16,464 Schawk, Inc. (b)....................................... 216 1,305 Standard Parking Corp. (a)(b).......................... 144 2,362 Steelcase, Inc. (Class A) (b).......................... 1,092 5,471 Sykes Enterprises, Inc. (a)(b)......................... 561 9,329 Team, Inc. (a)......................................... 299 3,504 Tetra Tech, Inc. (a)................................... 1,094 22,296 The Brink's Co. ....................................... 727 19,236 The Geo Group, Inc. (a)(b)............................. 952 12,614 The Standard Register Co. ............................. 361 1,653 United Stationers, Inc. (a)(b)......................... 440 12,355 Viad Corp. ............................................ 408 5,761 ----------- 284,189 ----------- COMMUNICATIONS EQUIPMENT -- 3.1% 3Com Corp. (a)......................................... 7,146 22,081 Acme Packet, Inc. (a)(b)............................... 531 3,223 ADC Telecommunications, Inc. (a)(b).................... 1,997 8,767 Adtran, Inc. (b)....................................... 1,151 18,658 Airvana, Inc. (a)(b)................................... 557 3,258 Anaren, Inc. (a)....................................... 302 3,304 Arris Group, Inc. (a)(b)............................... 2,269 16,723 Aruba Networks, Inc. (a)(b)............................ 1,148 3,605 Avocent Corp. (a)(b)................................... 762 9,251 Bel Fuse, Inc. (Class B)............................... 185 2,486 BigBand Networks, Inc. (a)............................. 662 4,336 Black Box Corp. (b).................................... 339 8,004 Blue Coat Systems, Inc. (a)............................ 622 7,470 Brocade Communications Systems, Inc. (a)(b)............ 7,133 24,609 CIENA Corp. (a)(b)..................................... 1,688 13,133 CommScope, Inc. (a)(b)................................. 1,307 14,848 Comtech Telecommunications Corp. (a)................... 462 11,444 DG Fastchannel, Inc. (a)............................... 324 6,081 Digi International, Inc. (a)........................... 509 3,904 EMS Technologies, Inc. (a)............................. 297 5,186 Emulex Corp. (a)....................................... 1,373 6,906 Extreme Networks, Inc. (a)(b).......................... 2,102 3,195 F5 Networks, Inc. (a)(b)............................... 1,470 30,796 Finisar Corp. (a)(b)................................... 6,797 2,991 Harmonic, Inc. (a)..................................... 1,787 11,615 Harris Stratex Networks, Inc. (a)...................... 363 1,398 Hughes Communications, Inc. (a)(b)..................... 140 1,684 Infinera Corp. (a)(b).................................. 1,751 12,957 InterDigital, Inc. (a)................................. 799 20,630 Ixia (a)(b)............................................ 601 3,107 JDS Uniphase Corp. (a)................................. 4,003 13,010 Loral Space & Communications, Ltd. (a)................. 196 4,187 Netgear, Inc. (a)(b)................................... 575 6,929 Neutral Tandem, Inc. (a)(b)............................ 339 8,343 OpNext, Inc. (a)....................................... 1,098 1,878 Plantronics, Inc. (b).................................. 928 11,201 Polycom, Inc. (a)(b)................................... 1,531 23,562 Riverbed Technology, Inc. (a)(b)....................... 1,041 13,616 SeaChange International, Inc. (a)...................... 586 3,352 ShoreTel, Inc. (a)(b).................................. 314 1,353 Sonus Networks, Inc. (a)(b)............................ 4,417 6,935 Starent Networks Corp. (a)(b).......................... 608 9,612 Sycamore Networks, Inc. (a)............................ 3,609 9,636 Tekelec (a)............................................ 1,075 14,222 Tellabs, Inc. (a)...................................... 6,678 30,585 Utstarcom, Inc. (a)(b)................................. 1,589 1,239 ViaSat, Inc. (a)....................................... 525 10,931 ----------- 456,241 ----------- COMPUTERS & PERIPHERALS -- 1.0% 3PAR, Inc. (a)(b)...................................... 603 3,962 Adaptec, Inc. (a)(b)................................... 1,729 4,150 Avid Technology, Inc. (a)(b)........................... 487 4,451 Data Domain, Inc. (a)(b)............................... 699 8,787 Diebold, Inc. ......................................... 1,204 25,705 Electronics for Imaging, Inc. (a)(b)................... 993 9,731 Hutchinson Technology, Inc. (a)(b)..................... 385 1,001 Hypercom Corp. (a)..................................... 810 778 Imation Corp. (b)...................................... 511 3,909 Intermec, Inc. (a)(b).................................. 910 9,464 Isilon Systems, Inc. (a)(b)............................ 393 865 Novatel Wireless, Inc. (a)(b).......................... 508 2,855 Palm, Inc. (a)(b)...................................... 2,289 19,731 QLogic Corp. (a)(b).................................... 2,153 23,941 Quantum Corp. (a)(b)................................... 3,454 2,314 Rackable Systems, Inc. (a)............................. 476 1,933 STEC, Inc. (a)(b)...................................... 419 3,088 Stratasys, Inc. (a)(b)................................. 348 2,878 Synaptics, Inc. (a)(b)................................. 632 16,912 ----------- 146,455 ----------- CONSTRUCTION & ENGINEERING -- 0.7% Dycom Industries, Inc. (a)............................. 659 3,816 EMCOR Group, Inc. (a)(b)............................... 1,208 20,741 Furmanite Corp. (a)(b)................................. 595 1,850 Granite Construction, Inc. (b)......................... 584 21,888 Great Lakes Dredge & Dock Corp. (b).................... 712 2,143 Insituform Technologies, Inc. (a)(b)................... 656 10,260 Layne Christensen Co. (a).............................. 309 4,966 Mastec, Inc. (a)(b).................................... 915 11,062 Michael Baker Corp. (a)................................ 159 4,134 MYR Group, Inc. (a).................................... 360 5,490 Northwest Pipe Co. (a)(b).............................. 145 4,128 Orion Marine Group, Inc. (a)........................... 427 5,594 Perini Corp. (a)(b).................................... 456 5,609 Pike Electric Corp. (a)(b)............................. 287 2,655 Sterling Construction Co., Inc. (a).................... 263 4,692 ----------- 109,028 -----------
46 SPDR DOW JONES SMALL CAP ETF (FORMERLY SPDR DJ WILSHIRE SMALL CAP ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ----------- CONSTRUCTION MATERIALS -- 0.2% Eagle Materials, Inc. (b).............................. 804 $ 19,497 Headwaters, Inc. (a)(b)................................ 693 2,176 Texas Industries, Inc. (b)............................. 442 11,050 ----------- 32,723 ----------- CONSUMER FINANCE -- 0.4% Advance America Cash Advance Centers, Inc. (b)......... 837 1,415 AmeriCredit Corp. (a)(b)............................... 1,159 6,792 Cash America International, Inc. ...................... 494 7,736 CompuCredit Corp. (a)(b)............................... 507 1,242 Credit Acceptance Corp. (a)(b)......................... 123 2,643 Dollar Financial Corp. (a)(b).......................... 424 4,036 Ezcorp, Inc. (a)....................................... 843 9,753 First Cash Financial Services, Inc. (a)................ 418 6,237 Nelnet, Inc. (a)(b).................................... 463 4,093 The First Marblehead Corp. (a)......................... 1,047 1,351 The Student Loan Corp. (b)............................. 64 2,780 World Acceptance Corp. (a)(b).......................... 244 4,172 ----------- 52,250 ----------- CONTAINERS & PACKAGING -- 0.7% Graphic Packaging Holding Co. (a)(b)................... 1,305 1,135 Greif, Inc. (Class A) (b).............................. 622 20,706 Myers Industries, Inc. (b)............................. 452 2,775 Packaging Corp. of America............................. 1,885 24,543 Rock-Tenn Co. (Class A) (b)............................ 703 19,016 Silgan Holdings, Inc. ................................. 462 24,274 Temple-Inland, Inc. (b)................................ 1,720 9,237 ----------- 101,686 ----------- DISTRIBUTORS -- 0.3% Audiovox Corp. (Class A) (a)........................... 286 981 Core-Mark Holding Co., Inc. (a)(b)..................... 203 3,699 LKQ Corp. (a)(b)....................................... 2,556 36,474 ----------- 41,154 ----------- DIVERSIFIED CONSUMER SERVICES -- 1.3% American Public Education, Inc. (a).................... 249 10,473 Brink's Home Security Holdings, Inc. (a)(b)............ 796 17,990 Capella Education Co. (a)(b)........................... 279 14,787 Coinstar, Inc. (a)(b).................................. 488 15,987 Corinthian Colleges, Inc. (a)(b)....................... 1,456 28,319 Grand Canyon Education, Inc. (b)....................... 225 3,883 Hillenbrand, Inc. ..................................... 1,146 18,347 Jackson Hewitt Tax Service, Inc. ...................... 415 2,166 K12, Inc. (a)(b)....................................... 369 5,129 Lincoln Educational Services Corp. (a)(b).............. 178 3,261 Matthews International Corp. (Class A) (b)............. 572 16,479 Pre-Paid Legal Services, Inc. (a)...................... 134 3,890 Regis Corp. (b)........................................ 804 11,618 Service Corp. International (b)........................ 4,783 16,693 Sotheby's (b).......................................... 1,265 11,385 Steiner Leisure, Ltd. (a)(b)........................... 282 6,884 Stewart Enterprises, Inc. (Class A) (b)................ 1,365 4,423 StoneMor Partners LP................................... 210 2,342 Universal Technical Institute, Inc. (a)(b)............. 357 4,284 ----------- 198,340 ----------- DIVERSIFIED FINANCIAL SERVICES -- 0.7% Asset Acceptance Capital Corp. (a)(b).................. 225 1,195 CIT Group, Inc. ....................................... 7,201 20,523 Financial Federal Corp. (b)............................ 487 10,315 Interactive Brokers Group, Inc. (Class A) (a)(b)....... 755 12,178 KKR Financial Holdings LLC............................. 2,442 2,173 Life Partners Holdings, Inc. (b)....................... 145 2,474 MarketAxess Holdings, Inc. (a)(b)...................... 452 3,453 MSCI, Inc. (Class A) (a)(b)............................ 1,292 21,848 NewStar Financial, Inc. (a)(b)......................... 386 896 PHH Corp. (a)(b)....................................... 1,009 14,176 Pico Holdings, Inc. (a)(b)............................. 267 8,029 Portfolio Recovery Associates, Inc. (a)(b)............. 247 6,629 ----------- 103,889 ----------- DIVERSIFIED TELECOMMUNICATION SERVICES -- 0.7% Alaska Communications Systems Group, Inc. (b).......... 741 4,965 Atlantic Tele-Network, Inc. (b)........................ 155 2,973 Cbeyond, Inc. (a)(b)................................... 481 9,057 Cincinnati Bell, Inc. (a)(b)........................... 3,949 9,083 Cogent Communications Group, Inc. (a)(b)............... 715 5,148 Consolidated Communications Holdings, Inc. ............ 372 3,817 FairPoint Communications, Inc. (b)..................... 1,452 1,132 General Communication, Inc. (Class A) (a)(b)........... 621 4,148 Global Crossing, Ltd. (a)(b)........................... 425 2,975 Iowa Telecommunications Services, Inc. (b)............. 517 5,925 NTELOS Holdings Corp. ................................. 544 9,868 PAETEC Holding Corp. (a)(b)............................ 2,055 2,959 Premiere Global Services, Inc. (a)..................... 1,074 9,473 Shenandoah Telecommunications Co. (b).................. 445 10,146 SureWest Communications................................ 249 1,942 tw telecom, inc. (a)(b)................................ 2,717 23,774 ----------- 107,385 ----------- ELECTRIC UTILITIES -- 1.4% ALLETE, Inc. (b)....................................... 507 13,532 Brookfield Infrastructure Partners LP (b).............. 349 4,614 Central Vermont Public Service Corp. .................. 206 3,564 Cleco Corp. (b)........................................ 1,098 23,815 El Paso Electric Co. (a)............................... 774 10,906 Empire District Electric Co. (b)....................... 561 8,101 Great Plains Energy, Inc. (b).......................... 2,163 29,135 Hawaiian Electric Industries, Inc. .................... 1,661 22,822 IDACORP, Inc. (b)...................................... 831 19,412 MGE Energy, Inc. ...................................... 415 13,018 Portland General Electric Co. ......................... 1,352 23,782 UIL Holdings Corp. (b)................................. 474 10,580 Unisource Energy Corp. (b)............................. 657 18,521 ----------- 201,802 ----------- ELECTRICAL EQUIPMENT -- 1.6% A.O. Smith Corp. (b)................................... 341 8,586 Acuity Brands, Inc. (b)................................ 754 16,995 Advanced Battery Technologies, Inc. (a)................ 653 1,397 American Superconductor Corp. (a)(b)................... 754 13,052 AZZ, Inc. (a)(b)....................................... 251 6,624
47 SPDR DOW JONES SMALL CAP ETF (FORMERLY SPDR DJ WILSHIRE SMALL CAP ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ----------- Baldor Electric Co. (b)................................ 791 $ 11,462 Belden CDT, Inc. (b)................................... 786 9,833 Brady Corp. (Class A).................................. 877 15,462 Encore Wire Corp. (b).................................. 308 6,600 Ener1, Inc. (a)(b)..................................... 913 4,720 Energy Conversion Devices, Inc. (a)(b)................. 856 11,359 EnerSys (a)(b)......................................... 691 8,375 Evergreen Solar, Inc. (a)(b)........................... 2,471 5,263 Franklin Electric Co., Inc. (b)........................ 291 6,440 FuelCell Energy, Inc. (a)(b)........................... 1,028 2,467 General Cable Corp. (a)(b)............................. 979 19,404 GrafTech International, Ltd. (a)....................... 2,227 13,718 GT Solar International, Inc. (a)....................... 490 3,254 II-VI, Inc. (a)(b)..................................... 483 8,298 Orion Energy Systems, Inc. (a)......................... 366 1,614 Plug Power, Inc. (a)(b)................................ 1,164 1,013 Polypore International, Inc. (a)(b).................... 307 1,234 Powell Industries, Inc. (a)............................ 124 4,378 Power-One, Inc. (a)(b)................................. 1,266 1,114 Regal-Beloit Corp. (b)................................. 592 18,139 Thomas & Betts Corp. (a)(b)............................ 990 24,770 Valence Technology, Inc. (a)(b)........................ 985 2,098 Vicor Corp. (b)........................................ 288 1,408 Woodward Governor Co. (b).............................. 954 10,666 ----------- 239,743 ----------- ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS -- 1.8% Agilysys, Inc. ........................................ 367 1,578 Anixter International, Inc. (a)(b)..................... 568 17,994 AVX Corp. ............................................. 976 8,862 Benchmark Electronics, Inc. (a)........................ 1,217 13,630 Brightpoint, Inc. (a).................................. 856 3,664 Checkpoint Systems, Inc. (a)(b)........................ 652 5,848 Cogent, Inc. (a)(b).................................... 641 7,628 Cognex Corp. .......................................... 619 8,264 Coherent, Inc. (a)(b).................................. 439 7,573 CTS Corp. ............................................. 549 1,982 Daktronics, Inc. (b)................................... 617 4,041 DTS, Inc. (a)(b)....................................... 296 7,122 Echelon Corp. (a)(b)................................... 540 4,369 Electro Rent Corp. .................................... 384 3,702 Electro Scientific Industries, Inc. (a)(b)............. 424 2,510 FARO Technologies, Inc. (a)(b)......................... 243 3,266 ICx Technologies, Inc. (a)............................. 197 798 Insight Enterprises, Inc. (a).......................... 764 2,338 IPG Photonics Corp. (a)(b)............................. 386 3,250 Jabil Circuit, Inc. ................................... 3,674 20,427 L-1 Identity Solutions, Inc. (a)(b).................... 1,384 7,072 Littelfuse, Inc. (a)................................... 351 3,857 Methode Electronics, Inc. (Class A) (b)................ 610 2,184 MTS Systems Corp. ..................................... 282 6,415 Multi-Fineline Electronix, Inc. (a)(b)................. 148 2,492 National Instruments Corp. (b)......................... 1,048 19,545 Newport Corp. (a)(b)................................... 599 2,648 OSI Systems, Inc. (a)(b)............................... 266 4,059 Park Electrochemical Corp. (b)......................... 309 5,339 Plexus Corp. (a)(b).................................... 740 10,227 Rofin-Sinar Technologies, Inc. (a)(b).................. 480 7,738 Rogers Corp. (a)....................................... 291 5,494 Sanmina-SCI Corp. (a).................................. 8,720 2,660 Scansource, Inc. (a)(b)................................ 498 9,253 Smart Modular Technologies (WWH), Inc. (a)............. 591 816 SYNNEX Corp. (a)(b).................................... 284 5,586 Tech Data Corp. (a)(b)................................. 933 20,321 Technitrol, Inc. ...................................... 666 1,139 TTM Technologies, Inc. (a)(b).......................... 671 3,892 Universal Display Corp. (a)(b)......................... 528 4,842 Vishay Intertechnology, Inc. (a)(b).................... 3,230 11,240 ----------- 265,665 ----------- ENERGY EQUIPMENT & SERVICES -- 2.1% Allis-Chalmers Energy, Inc. (a)(b)..................... 465 897 Atwood Oceanics, Inc. (a)(b)........................... 1,017 16,872 Basic Energy Services, Inc. (a)(b)..................... 386 2,497 Bristow Group, Inc. (a)(b)............................. 516 11,058 Bronco Drilling Co., Inc. (a)(b)....................... 471 2,477 Cal Dive International, Inc. (a)(b).................... 639 4,326 CARBO Ceramics, Inc. (b)............................... 399 11,348 Complete Production Services, Inc. (a)................. 796 2,452 Dawson Geophysical Co. (a)............................. 117 1,579 Dresser-Rand Group, Inc. (a)(b)........................ 1,500 33,150 Dril-Quip, Inc. (a)(b)................................. 560 17,192 ENGlobal Corp. (a)(b).................................. 293 1,330 Exterran Partners LP................................... 167 1,987 Global Industries, Ltd. (a)(b)......................... 1,948 7,480 Gulf Island Fabrication, Inc. ......................... 199 1,594 Gulfmark Offshore, Inc. (a)............................ 421 10,045 Helix Energy Solutions Group, Inc. (a)(b).............. 1,618 8,317 Hercules Offshore, Inc. (a)(b)......................... 1,436 2,269 Hornbeck Offshore Services, Inc. (a)................... 388 5,913 ION Geophysical Corp. (a)(b)........................... 1,368 2,134 Key Energy Services, Inc. (a).......................... 2,035 5,861 Lufkin Industries, Inc. ............................... 277 10,493 Matrix Service Co. (a)(b).............................. 432 3,551 NATCO Group, Inc. (a)(b)............................... 396 7,496 Newpark Resources, Inc. (a)............................ 1,445 3,656 Oceaneering International, Inc. (a)(b)................. 1,007 37,128 Oil States International, Inc. (a)(b).................. 923 12,387 Parker Drilling Co. (a)................................ 1,806 3,323 PHI, Inc. (Non-Voting) (a)............................. 224 2,236 Pioneer Drilling Co. (a)(b)............................ 815 2,673 RPC, Inc. (b).......................................... 528 3,501 SEACOR Holdings, Inc. (a)(b)........................... 333 19,417 Superior Energy Services, Inc. (a)..................... 1,429 18,420 Superior Well Services, Inc. (a)(b).................... 239 1,226 T-3 Energy Services, Inc. (a)(b)....................... 202 2,380 Tesco Corp. (a)........................................ 580 4,536 Tetra Technologies, Inc. (a)(b)........................ 1,201 3,903 Trico Marine Services, Inc. (a)(b)..................... 211 443 Unit Corp. (a)......................................... 872 18,242 ----------- 305,789 ----------- FOOD & STAPLES RETAILING -- 1.0% Arden Group, Inc. (Class A)............................ 19 2,220 BJ's Wholesale Club, Inc. (a).......................... 1,093 34,965 Casey's General Stores, Inc. .......................... 932 24,847 Great Atlantic & Pacific Tea Co. (a)(b)................ 571 3,032 Ingles Markets, Inc. (b)............................... 191 2,851 Nash Finch Co. (b)..................................... 209 5,871 Pantry, Inc. (a)(b).................................... 384 6,762 Pricesmart, Inc. ...................................... 236 4,250 Rite Aid Corp. (a)(b).................................. 9,405 3,386
48 SPDR DOW JONES SMALL CAP ETF (FORMERLY SPDR DJ WILSHIRE SMALL CAP ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ----------- Ruddick Corp. (b)...................................... 782 $ 17,556 Spartan Stores, Inc. (b)............................... 358 5,517 Susser Holdings Corp. (a).............................. 218 2,930 The Andersons, Inc. (b)................................ 292 4,129 United Natural Foods, Inc. (a)(b)...................... 733 13,905 Village Super Market, Inc. (Class A)................... 102 3,179 Weis Markets, Inc. .................................... 196 6,084 Winn-Dixie Stores, Inc. (a)(b)......................... 1,021 9,761 ----------- 151,245 ----------- FOOD PRODUCTS -- 1.5% Alico, Inc. (b)........................................ 58 1,392 American Italian Pasta Co. (a)......................... 384 13,367 B&G Foods, Inc. (b).................................... 577 3,000 Cal-Maine Foods, Inc. (b).............................. 257 5,754 Calavo Growers, Inc. .................................. 240 2,885 Chiquita Brands International, Inc. (a)(b)............. 698 4,628 Corn Products International, Inc. (b).................. 1,359 28,811 Darling International, Inc. (a)........................ 1,324 4,912 Del Monte Foods Co. ................................... 3,659 26,674 Diamond Foods, Inc. ................................... 315 8,798 Farmer Brothers Co. (b)................................ 98 1,744 Fresh Del Monte Produce, Inc. (a)...................... 855 14,039 Green Mountain Coffee Roasters, Inc. (a)(b)............ 345 16,560 Hain Celestial Group, Inc. (a)(b)...................... 641 9,128 J&J Snack Foods Corp. ................................. 268 9,270 Lancaster Colony Corp. ................................ 379 15,721 Lance, Inc. ........................................... 589 12,263 Sanderson Farms, Inc. (b).............................. 341 12,805 Smart Balance, Inc. (a)(b)............................. 1,206 7,284 Tootsie Roll Industries, Inc. (b)...................... 437 9,488 TreeHouse Foods, Inc. (a)(b)........................... 577 16,612 ----------- 225,135 ----------- GAS UTILITIES -- 1.5% Amerigas Partners LP (b)............................... 598 16,912 Chesapeake Utilities Corp. ............................ 138 4,206 Ferrellgas Partners LP (b)............................. 796 10,666 Laclede Group, Inc. ................................... 384 14,968 New Jersey Resources Corp. (b)......................... 773 26,267 Nicor, Inc. (b)........................................ 824 27,382 Northwest Natural Gas Co. (b).......................... 490 21,276 South Jersey Industries, Inc. (b)...................... 542 18,970 Southwest Gas Corp. (b)................................ 815 17,172 Spectra Energy Partners LP (b)......................... 255 5,569 Star Gas Partners LP................................... 1,307 3,398 Suburban Propane Partners LP........................... 601 21,973 WGL Holdings, Inc. .................................... 919 30,143 ----------- 218,902 ----------- HEALTH CARE EQUIPMENT & SUPPLIES -- 2.7% Abaxis, Inc. (a)(b).................................... 354 6,103 ABIOMED, Inc. (a)(b)................................... 553 2,710 Accuray, Inc. (a)(b)................................... 625 3,144 Align Technology, Inc. (a)(b).......................... 987 7,827 American Medical Systems Holdings, Inc. (a)............ 1,344 14,986 Analogic Corp. ........................................ 217 6,948 AngioDynamics, Inc. (a)................................ 446 5,013 Cantel Medical Corp. (a)............................... 261 3,359 Conceptus, Inc. (a)(b)................................. 361 4,242 CONMED Corp. (a)(b).................................... 463 6,672 CryoLife, Inc. (a)..................................... 417 2,160 Cyberonics, Inc. (a)(b)................................ 372 4,936 ev3, Inc. (a)(b)....................................... 1,232 8,747 Greatbatch, Inc. (a)(b)................................ 380 7,353 Haemonetics Corp. (a)(b)............................... 467 25,722 Hill-Rom Holdings, Inc. (b)............................ 1,176 11,631 I-Flow Corp. (a)(b).................................... 400 1,460 ICU Medical, Inc. (a)(b)............................... 262 8,415 Insulet Corp. (a)(b)................................... 335 1,374 Integra LifeSciences Holdings Corp. (a)(b)............. 399 9,867 Invacare Corp. (b)..................................... 617 9,891 IRIS International, Inc. (a)........................... 372 4,289 Kensey Nash Corp. (a).................................. 138 2,935 MAKO Surgical Corp. (a)(b)............................. 372 2,861 Masimo Corp. (a)(b).................................... 882 25,560 Meridian Bioscience, Inc. (b).......................... 753 13,644 Merit Medical Systems, Inc. (a)(b)..................... 469 5,726 Natus Medical, Inc. (a)(b)............................. 439 3,736 Neogen Corp. (a)....................................... 287 6,265 NuVasive, Inc. (a)(b).................................. 664 20,836 OraSure Technologies, Inc. (a)(b)...................... 892 2,257 Orthofix International N.V. (a)(b)..................... 277 5,130 Orthovita, Inc. (a).................................... 1,516 4,063 Palomar Medical Technologies, Inc. (a)(b).............. 310 2,251 Quidel Corp. (a)(b).................................... 490 4,518 RTI Biologics, Inc. (a)................................ 784 2,234 Sirona Dental Systems, Inc. (a)(b)..................... 280 4,010 SonoSite, Inc. (a)(b).................................. 279 4,989 STERIS Corp. (b)....................................... 981 22,838 SurModics, Inc. (a)(b)................................. 257 4,690 Symmetry Medical, Inc. (a)............................. 536 3,382 Synovis Life Technologies, Inc. (a).................... 239 3,308 The Cooper Cos., Inc. (b).............................. 837 22,130 Thoratec Corp. (a)(b).................................. 915 23,506 TomoTherapy, Inc. (a)(b)............................... 892 2,364 TranS1, Inc. (a)(b).................................... 152 926 Vnus Medical Technologies (a).......................... 258 5,488 Volcano Corp. (a)(b)................................... 761 11,073 West Pharmaceutical Services, Inc. (b)................. 598 19,620 Wright Medical Group, Inc. (a)(b)...................... 714 9,303 Zoll Medical Corp. (a)(b).............................. 340 4,882 ----------- 401,374 ----------- HEALTH CARE PROVIDERS & SERVICES -- 3.4% Air Methods Corp. (a)(b)............................... 177 2,993 Alliance Imaging, Inc. (a)............................. 458 3,114 Almost Family, Inc. (a)(b)............................. 163 3,112 Amedisys, Inc. (a)(b).................................. 500 13,745 AMERIGROUP Corp. (a)(b)................................ 973 26,796 AMN Healthcare Services, Inc. (a)(b)................... 548 2,795 AmSurg Corp. (a)(b).................................... 530 8,401 Assisted Living Concepts, Inc. (Class A) (a)........... 176 2,387 athenahealth, Inc. (a)(b).............................. 405 9,765 Bio-Reference Laboratories, Inc. (a)................... 235 4,914 Brookdale Senior Living, Inc. (b)...................... 666 3,363 CardioNet, Inc. (a)(b)................................. 396 11,112 Catalyst Health Solutions, Inc. (a)(b)................. 649 12,863 Centene Corp. (a)(b)................................... 732 13,191
49 SPDR DOW JONES SMALL CAP ETF (FORMERLY SPDR DJ WILSHIRE SMALL CAP ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ----------- Chemed Corp. (b)....................................... 416 $ 16,182 Corvel Corp. (a)....................................... 132 2,669 Cross Country Healthcare, Inc. (a)(b).................. 457 2,993 Emergency Medical Services Corp. (Class A) (a)......... 189 5,933 Emeritus Corp. (a)(b).................................. 330 2,165 Genoptix, Inc. (a)(b).................................. 157 4,283 Gentiva Health Services, Inc. (a)...................... 553 8,406 Hanger Orthopedic Group, Inc. (a)...................... 538 7,129 Health Management Associates, Inc. (Class A) (a)(b).... 4,612 11,899 Healthsouth Corp. (a)(b)............................... 1,633 14,501 Healthspring, Inc. (a)(b).............................. 866 7,248 Healthways, Inc. (a)(b)................................ 557 4,885 HMS Holdings Corp. (a)................................. 464 15,266 inVentiv Health, Inc. (a)(b)........................... 534 4,357 IPC The Hospitalist Co. (a)(b)......................... 181 3,444 Kindred Healthcare, Inc. (a)........................... 609 9,105 Landauer, Inc. (b)..................................... 152 7,703 LHC Group, Inc. (a)(b)................................. 235 5,236 LifePoint Hospitals, Inc. (a)(b)....................... 983 20,505 Magellan Health Services, Inc. (a)(b).................. 706 25,727 Medcath Corp. (a)(b)................................... 260 1,890 Molina Healthcare, Inc. (a)(b)......................... 221 4,203 MWI Veterinary Supply, Inc. (a)(b)..................... 197 5,611 National Healthcare Corp. ............................. 145 5,822 Nighthawk Radiology Holdings, Inc. (a)(b).............. 383 1,034 Odyssey Healthcare, Inc. (a)(b)........................ 586 5,684 Owens & Minor, Inc. (b)................................ 752 24,914 Pediatrix Medical Group, Inc. (a)...................... 839 24,725 PharMerica Corp. (a)(b)................................ 577 9,601 PSS World Medical, Inc. (a)(b)......................... 1,124 16,129 Psychiatric Solutions, Inc. (a)(b)..................... 973 15,305 RehabCare Group, Inc. (a).............................. 305 5,319 Res-Care, Inc. (a)..................................... 440 6,406 Skilled Healthcare Group, Inc. (Class A) (a)(b)........ 310 2,545 Sun Healthcare Group, Inc. (a)......................... 833 7,031 Tenet Healthcare Corp. (a)(b).......................... 8,958 10,391 The Ensign Group, Inc. (b)............................. 195 3,015 Triple-S Management Corp. (Class B) (a)(b)............. 297 3,659 Universal American Financial Corp. (a)(b).............. 679 5,751 VCA Antech, Inc. (a)(b)................................ 1,550 34,952 Virtual Radiologic Corp. (a)(b)........................ 117 818 WellCare Health Plans, Inc. (a)........................ 691 7,774 ----------- 500,766 ----------- HEALTH CARE TECHNOLOGY -- 0.5% Allscripts-Misys Healthcare Solutions, Inc. (b)........ 1,120 11,525 Computer Programs & Systems, Inc. (b).................. 198 6,587 Eclipsys Corp. (a)..................................... 1,028 10,424 HLTH Corp. (a)(b)...................................... 1,562 16,167 Med Assets, Inc. (a)................................... 571 8,137 Omnicell, Inc. (a)..................................... 539 4,215 Phase Forward, Inc. (a)................................ 808 10,334 ----------- 67,389 ----------- HOTELS, RESTAURANTS & LEISURE -- 2.9% AFC Enterprises, Inc. (a)(b)........................... 430 1,939 Ambassadors Group, Inc. (b)............................ 309 2,509 Ameristar Casinos, Inc. (b)............................ 371 4,667 Bally Technologies, Inc. (a)(b)........................ 1,007 18,549 BJ's Restaurants, Inc. (a)(b).......................... 286 3,978 Bob Evans Farms, Inc. (b).............................. 580 13,004 Boyd Gaming Corp. (b).................................. 943 3,517 Brinker International, Inc. (b)........................ 1,859 28,071 Buffalo Wild Wings, Inc. (a)(b)........................ 313 11,450 California Pizza Kitchen, Inc. (a)(b).................. 410 5,363 CEC Entertainment, Inc. (a)............................ 392 10,145 Cedar Fair LP (b)...................................... 858 7,971 Chipotle Mexican Grill, Inc. (a)(b).................... 587 38,965 Choice Hotels International, Inc. (b).................. 627 16,189 Churchill Downs, Inc. (b).............................. 165 4,960 CKE Restaurants, Inc. ................................. 964 8,098 Cracker Barrel Old Country Store, Inc. (b)............. 420 12,029 Denny's Corp. (a)(b)................................... 1,962 3,277 DineEquity, Inc. (b)................................... 249 2,953 Domino's Pizza, Inc. (a)(b)............................ 686 4,493 Gaylord Entertainment Co. (a)(b)....................... 670 5,581 International Speedway Corp. (Class A)................. 595 13,126 Interval Leisure Group, Inc. (a)....................... 636 3,371 Isle of Capri Casinos, Inc. (a)(b)..................... 301 1,592 Jack in the Box, Inc. (a)(b)........................... 1,044 24,315 Krispy Kreme Doughnuts, Inc. (a)(b).................... 890 1,424 Landry's Restaurants, Inc. ............................ 170 887 Life Time Fitness, Inc. (a)(b)......................... 568 7,134 Marcus Corp. .......................................... 365 3,102 Morgans Hotel Group Co. (a)(b)......................... 472 1,468 Orient-Express Hotels, Ltd. (Class A) (b).............. 645 2,644 P F Chang's China Bistro, Inc. (a)(b).................. 423 9,678 Panera Bread Co. (Class A) (a)(b)...................... 562 31,416 Papa John's International, Inc. (a).................... 420 9,605 Peet's Coffee & Tea, Inc. (a).......................... 243 5,254 Pinnacle Entertainment, Inc. (a)(b).................... 978 6,885 Red Robin Gourmet Burgers, Inc. (a)(b)................. 244 4,302 Ruby Tuesday, Inc. (a)(b).............................. 874 2,552 Scientific Games Corp. (Class A) (a)(b)................ 1,281 15,513 Shuffle Master, Inc. (a)(b)............................ 867 2,488 Sonic Corp. (a)(b)..................................... 1,148 11,503 Speedway Motorsports, Inc. (b)......................... 233 2,754 Texas Roadhouse, Inc. (Class A) (a)(b)................. 862 8,215 The Cheesecake Factory, Inc. (a)(b).................... 984 11,267 The Steak n Shake Co. (a)(b)........................... 478 3,618 Vail Resorts, Inc. (a)................................. 500 10,215 WMS Industries, Inc. (a)(b)............................ 825 17,251 Wyndham Worldwide Corp. ............................... 3,329 13,982 ----------- 433,269 ----------- HOUSEHOLD DURABLES -- 1.5% American Greetings Corp. (Class A) (b)................. 736 3,724 Blyth, Inc. (b)........................................ 108 2,822 Brookfield Homes Corp. (b)............................. 169 583 Centex Corp. (b)....................................... 2,287 17,152 CSS Industries, Inc. .................................. 139 2,363 Ethan Allen Interiors, Inc. (b)........................ 444 4,999 Furniture Brands International, Inc. (b)............... 592 870 Harman International Industries, Inc. (b).............. 1,088 14,721
50 SPDR DOW JONES SMALL CAP ETF (FORMERLY SPDR DJ WILSHIRE SMALL CAP ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ----------- Helen of Troy, Ltd. (a)................................ 484 $ 6,655 Hovnanian Enterprises, Inc. (a)(b)..................... 962 1,501 iRobot Corp. (a)(b).................................... 312 2,371 Jarden Corp. (a)(b).................................... 1,294 16,395 KB HOME (b)............................................ 1,440 18,979 Lennar Corp. (Class A) (b)............................. 2,566 19,271 M.D.C. Holdings, Inc. (b).............................. 665 20,708 M/I Homes, Inc. ....................................... 226 1,580 Meritage Homes Corp. (a)(b)............................ 459 5,242 National Presto Industries, Inc. ...................... 80 4,881 Ryland Group, Inc. (b)................................. 797 13,278 Sealy Corp. (a)(b)..................................... 723 1,077 Skyline Corp. (b)...................................... 107 2,034 Snap-on, Inc. ......................................... 1,054 26,455 Standard Pacific Corp. (a)(b).......................... 2,019 1,777 Tempur-Pedic International, Inc. ...................... 1,340 9,782 Tupperware Brands Corp. ............................... 1,145 19,454 ----------- 218,674 ----------- HOUSEHOLD PRODUCTS -- 0.1% Central Garden & Pet Co. (Class A) (a)................. 1,230 9,250 WD-40 Co. (b).......................................... 304 7,338 ----------- 16,588 ----------- INDEPENDENT POWER PRODUCERS & ENERGY TRADERS -- 0.1% Ormat Technologies, Inc. (b)........................... 340 9,336 ----------- INDUSTRIAL CONGLOMERATES -- 0.4% Carlisle Cos., Inc. ................................... 1,123 22,045 Otter Tail Corp. (b)................................... 596 13,142 Raven Industries, Inc. (b)............................. 299 6,213 Seaboard Corp. (b)..................................... 6 6,060 Standex International Corp. ........................... 201 1,849 Tredegar Corp. ........................................ 397 6,483 ----------- 55,792 ----------- INSURANCE -- 4.5% AMBAC Financial Group, Inc. (b)........................ 4,703 3,668 American Equity Investment Life Holding Co. (b)........ 878 3,652 American National Insurance Co. (b).................... 294 15,409 American Physicians Capital, Inc. (b).................. 144 5,892 Amerisafe, Inc. (a).................................... 368 5,638 Amtrust Financial Services, Inc. (b)................... 670 6,399 Argo Group International Holdings, Ltd. (a)............ 570 17,174 Arthur J. Gallagher & Co. (b).......................... 1,742 29,614 Aspen Insurance Holdings, Ltd. (b)..................... 1,379 30,972 Assured Guaranty, Ltd. (b)............................. 963 6,520 Baldwin & Lyons, Inc. (Class B) (b).................... 175 3,311 Citizens, Inc. (a)(b).................................. 587 4,268 CNA Surety Corp. (a)................................... 260 4,794 Conseco, Inc. (a)(b)................................... 2,989 2,750 Crawford & Co. (a)(b).................................. 404 2,715 Delphi Financial Group................................. 773 10,405 Donegal Group, Inc. (b)................................ 212 3,258 eHealth, Inc. (a)...................................... 407 6,516 EMC Insurance Group, Inc. (b).......................... 132 2,781 Employers Holdings, Inc. .............................. 939 8,958 Endurance Specialty Holdings, Ltd. (b)................. 940 23,444 Enstar Group, Ltd. (a)................................. 116 6,533 Erie Indemnity Co. (Class A) (b)....................... 592 20,235 FBL Financial Group, Inc. (Class A) (b)................ 207 859 First Mercury Financial Corp. (a)...................... 317 4,577 Flagstone Reinsurance Holdings, Ltd. (b)............... 755 5,881 FPIC Insurance Group, Inc. (a)(b)...................... 135 4,999 Genworth Financial, Inc. (Class A)..................... 8,059 15,312 Greenlight Capital Re, Ltd. (Class A) (a)(b)........... 566 9,039 Harleysville Group, Inc. (b)........................... 224 7,125 Hilltop Holdings, Inc. (a)(b).......................... 825 9,405 Horace Mann Educators Corp. ........................... 646 5,407 Infinity Property & Casualty Corp. (b)................. 247 8,381 IPC Holdings, Ltd. .................................... 861 23,281 Kansas City Life Insurance Co. (b)..................... 73 2,617 Maiden Holdings Ltd (b)................................ 979 4,376 Max Capital Group, Ltd. (b)............................ 877 15,119 MBIA, Inc. (a)(b)...................................... 4,299 19,689 Meadowbrook Insurance Group, Inc. ..................... 1,127 6,875 Mercury General Corp. (b).............................. 491 14,583 Montpelier Re Holdings, Ltd. (b)....................... 1,570 20,347 National Financial Partners Corp. (b).................. 640 2,048 National Interstate Corp. (b).......................... 94 1,590 National Western Life Insurance Co. (Class A) (b)...... 39 4,407 Navigators Group, Inc. (a)(b).......................... 253 11,937 OneBeacon Insurance Group, Ltd. (b).................... 371 3,584 Platinum Underwriters Holdings, Ltd. (b)............... 878 24,900 PMA Capital Corp. (Class A) (a)........................ 670 2,794 Presidential Life Corp. (b)............................ 362 2,820 ProAssurance Corp. (a)................................. 569 26,527 Protective Life Corp. (b).............................. 1,347 7,072 RLI Corp. (b).......................................... 355 17,821 Safety Insurance Group, Inc. .......................... 306 9,510 Seabright Insurance Holdings (a)....................... 422 4,414 Selective Insurance Group, Inc. ....................... 988 12,014 StanCorp Financial Group, Inc. (b)..................... 905 20,616 State Auto Financial Corp. (b)......................... 237 4,171 Stewart Information Services Corp. (b)................. 273 5,324 The Phoenix Cos., Inc. (b)............................. 1,767 2,067 Tower Group, Inc. (b).................................. 672 16,551 United America Indemnity, Ltd. (Class A) (a)........... 284 1,142 United Fire & Casualty Co. (b)......................... 435 9,553 Unitrin, Inc. ......................................... 859 12,009 Validus Holdings, Ltd. ................................ 598 14,161 XL Capital, Ltd. (Class A) (b)......................... 6,064 33,109 Zenith National Insurance Corp. ....................... 691 16,660 ----------- 669,579 ----------- INTERNET & CATALOG RETAIL -- 0.3% 1-800-FLOWERS.COM, Inc. (Class A) (a).................. 376 778 Blue Nile, Inc. (a)(b)................................. 254 7,658 Gaiam, Inc. (Class A) (a)(b)........................... 216 709 HSN, Inc. (a)(b)....................................... 636 3,269 NutriSystem, Inc. ..................................... 468 6,678 Orbitz Worldwide, Inc. (a)(b).......................... 599 773 Overstock.com, Inc. (a)................................ 257 2,352 PetMed Express, Inc. (a)(b)............................ 455 7,498 Shutterfly, Inc. (a)(b)................................ 383 3,589 Stamps.com, Inc. (a)................................... 262 2,541 Ticketmaster (a)(b).................................... 636 2,347 ----------- 38,192 -----------
51 SPDR DOW JONES SMALL CAP ETF (FORMERLY SPDR DJ WILSHIRE SMALL CAP ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ----------- INTERNET SOFTWARE & SERVICES -- 1.7% Art Technology Group, Inc. (a)(b)...................... 2,091 $ 5,332 Bankrate, Inc. (a)(b).................................. 241 6,013 comScore, Inc. (a)(b).................................. 267 3,228 Constant Contact, Inc. (a)(b).......................... 214 2,994 DealerTrack Holdings, Inc. (a)......................... 647 8,476 Dice Holdings, Inc. (a)(b)............................. 377 1,048 Digital River, Inc. (a)(b)............................. 686 20,457 DivX, Inc. (a)(b)...................................... 440 2,213 EarthLink, Inc. (a)(b)................................. 2,024 13,298 Equinix, Inc. (a)(b)................................... 589 33,072 GSI Commerce, Inc. (a)(b).............................. 339 4,441 Infospace, Inc. (a)(b)................................. 581 3,021 Internap Network Services Corp. (a)(b)................. 787 2,117 Internet Brands, Inc. (a).............................. 548 3,217 j2 Global Communications, Inc. (a)(b).................. 815 17,840 Limelight Networks, Inc. (a)(b)........................ 632 2,117 LoopNet, Inc. (a)...................................... 446 2,712 Marchex, Inc. (Class B) (b)............................ 462 1,589 ModusLink Global Solutions, Inc. (a)(b)................ 801 2,075 Move, Inc. (a)(b)...................................... 2,405 3,487 NIC, Inc. ............................................. 641 3,333 Omniture, Inc. (a)(b).................................. 1,329 17,530 Perficient, Inc. (a)(b)................................ 500 2,700 Rackspace Hosting, Inc. (a)(b)......................... 1,395 10,449 RealNetworks, Inc. (a)................................. 1,523 3,549 S1 Corp. (a)........................................... 815 4,197 SAVVIS, Inc. (a)(b).................................... 632 3,912 SonicWALL, Inc. (a)(b)................................. 941 4,197 Switch & Data Facilities Co., Inc. (a)(b).............. 364 3,192 TechTarget, Inc. (a)(b)................................ 121 290 Terremark Worldwide, Inc. (a)(b)....................... 677 1,821 The Knot, Inc. (a)(b).................................. 516 4,231 United Online, Inc. ................................... 1,324 5,905 ValueClick, Inc. (a)................................... 1,494 12,714 Vignette Corp. (a)(b).................................. 406 2,712 VistaPrint, Ltd. (a)(b)................................ 727 19,985 Vocus, Inc. (a)(b)..................................... 331 4,399 WebMD Health Corp. (Class A) (a)....................... 130 2,899 Websense, Inc. (a)(b).................................. 735 8,820 ----------- 255,582 ----------- IT SERVICES -- 1.8% Acxiom Corp. (b)....................................... 1,257 9,302 CACI International, Inc. (Class A) (a)(b).............. 553 20,179 Cass Information Systems, Inc. ........................ 143 4,637 CIBER, Inc. (a)........................................ 836 2,282 Convergys Corp. (a).................................... 2,133 17,235 CSG Systems International, Inc. (a).................... 580 8,282 CyberSource Corp. (a)(b)............................... 1,287 19,060 Euronet Worldwide, Inc. (a)(b)......................... 898 11,728 ExlService Holdings, Inc. (a).......................... 238 2,052 Forrester Research, Inc. (a)(b)........................ 246 5,058 Gartner, Inc. (a)(b)................................... 1,198 13,190 Genpact, Ltd. (a)...................................... 1,084 9,604 Global Cash Access, Inc. (a)(b)........................ 687 2,624 Heartland Payment Systems, Inc. ....................... 462 3,054 iGate Corp. (b)........................................ 623 2,019 infoUSA, Inc. (a)...................................... 538 2,238 Integral Systems Inc. (a)(b)........................... 279 2,399 Lionbridge Technologies, Inc. (a)(b)................... 862 845 MAXIMUS, Inc. ......................................... 303 12,078 MoneyGram International, Inc. (a)(b)................... 1,314 1,551 NCI, Inc. (Class A) (a)(b)............................. 134 3,484 NeuStar, Inc. (Class A) (a)(b)......................... 1,450 24,288 Perot Systems Corp. (Class A) (a)...................... 1,594 20,531 RightNow Technologies, Inc. (a)........................ 396 2,998 Sapient Corp. (a)(b)................................... 1,717 7,675 SRA International, Inc. (a)............................ 702 10,319 Syntel, Inc. (b)....................................... 430 8,849 TeleTech Holdings, Inc. (a)(b)......................... 651 7,089 TNS, Inc. (a)(b)....................................... 391 3,198 Unisys Corp. (a)....................................... 5,464 2,896 VeriFone Holdings, Inc. (a)(b)......................... 1,327 9,024 Wright Express Corp. (a)(b)............................ 728 13,264 ----------- 263,032 ----------- LEISURE EQUIPMENT & PRODUCTS -- 0.5% Brunswick Corp. (b).................................... 1,417 4,889 Callaway Golf Co. (b).................................. 1,073 7,704 Eastman Kodak Co. ..................................... 4,966 18,871 JAKKS Pacific, Inc. (a)(b)............................. 442 5,459 Leapfrog Enterprises, Inc. (a)(b)...................... 563 777 Marine Products Corp. (b).............................. 231 979 Polaris Industries, Inc. (b)........................... 607 13,014 Pool Corp. (b)......................................... 892 11,953 RC2 Corp. (a).......................................... 283 1,491 Smith & Wesson Holding Corp. (a)....................... 612 3,684 ----------- 68,821 ----------- LIFE SCIENCES TOOLS & SERVICES -- 1.1% Affymetrix, Inc. (a)................................... 1,129 3,692 Albany Molecular Research, Inc. (a)(b)................. 364 3,433 AMAG Pharmaceuticals, Inc. (a)(b)...................... 320 11,766 Bio-Rad Laboratories, Inc. (Class A) (a)............... 358 23,592 Bruker Corp. (a)....................................... 830 5,113 Cambrex Corp. (a)...................................... 464 1,058 Clinical Data, Inc. (a)................................ 262 2,830 Dionex Corp. (a)(b).................................... 334 15,781 Enzo Biochem, Inc. (a)(b).............................. 647 2,601 eResearch Technology, Inc. (a)......................... 700 3,682 Exelixis, Inc. (a)(b).................................. 2,015 9,269 Kendle International, Inc. (a)(b)...................... 212 4,443 Luminex Corp. (a)(b)................................... 894 16,199 Medivation, Inc. (a)(b)................................ 539 9,848 Nektar Therapeutics (a)(b)............................. 1,588 8,559 PAREXEL International Corp. (a)(b)..................... 1,094 10,645 Sequenom, Inc. (a)(b).................................. 964 13,708 Varian, Inc. (a)(b).................................... 494 11,728 ----------- 157,947 ----------- MACHINERY -- 3.6% Actuant Corp. (Class A) (b)............................ 932 9,628 Albany International Corp. (Class A)................... 412 3,729 Altra Holdings, Inc. (a)............................... 429 1,665 American Railcar Industries, Inc. (b).................. 138 1,053 Ampco-Pittsburgh Corp. (b)............................. 136 1,803 Astec Industries, Inc. (a)............................. 281 7,371 Badger Meter, Inc. (b)................................. 281 8,118 Barnes Group, Inc. (b)................................. 825 8,819 Blount International, Inc. (a)......................... 673 3,109 Briggs & Stratton Corp. (b)............................ 920 15,180 Bucyrus International, Inc. ........................... 1,381 20,964 Cascade Corp. (b)...................................... 165 2,909
52 SPDR DOW JONES SMALL CAP ETF (FORMERLY SPDR DJ WILSHIRE SMALL CAP ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ----------- Chart Industries, Inc. (a)............................. 458 $ 3,609 CIRCOR International, Inc. ............................ 272 6,125 CLARCOR, Inc. (b)...................................... 939 23,653 Colfax Corp. (a)(b).................................... 465 3,195 Columbus McKinnon Corp. (a)............................ 309 2,694 Crane Co. ............................................. 970 16,374 Dynamic Materials Corp. (b)............................ 203 1,859 Energy Recovery, Inc. (a)(b)........................... 485 3,686 EnPro Industries, Inc. (a)(b).......................... 327 5,592 ESCO Technologies, Inc. (a)............................ 480 18,576 Federal Signal Corp. .................................. 774 4,079 Force Protection, Inc. (a)(b).......................... 1,173 5,630 Freightcar America, Inc. (b)........................... 188 3,296 Gardner Denver, Inc. (a)(b)............................ 955 20,762 Graco, Inc. (b)........................................ 1,111 18,965 Graham Corp. (b)....................................... 164 1,471 IDEX Corp. (b)......................................... 1,512 33,067 John Bean Technologies Corp. .......................... 538 5,627 K-Tron International, Inc. (a)......................... 43 2,609 Kaydon Corp. (b)....................................... 634 17,327 Kennametal, Inc. (b)................................... 1,355 21,965 L.B. Foster Co. (Class A) (a).......................... 180 4,469 Lindsay Corp. (b)...................................... 184 4,968 Middleby Corp. (a)(b).................................. 321 10,410 Mueller Industries, Inc. (b)........................... 690 14,966 Mueller Water Products, Inc. (Class A) (b)............. 1,877 6,194 NACCO Industries, Inc. (b)............................. 88 2,392 Nordson Corp. (b)...................................... 577 16,404 Oshkosh Corp. (b)...................................... 1,405 9,470 RBC Bearings, Inc. (a)................................. 358 5,470 Robbins & Myers, Inc. (b).............................. 440 6,675 Sauer-Danfoss, Inc. (b)................................ 177 432 Sun Hydraulics Corp. (b)............................... 196 2,864 Tecumseh Products Co. (Class A) (a)(b)................. 250 1,130 Tennant Co. (b)........................................ 263 2,464 Terex Corp. (a)........................................ 1,758 16,262 The Gorman-Rupp Co. (b)................................ 236 4,673 The Greenbrier Cos., Inc. (b).......................... 245 897 The Manitowoc Co., Inc. (b)............................ 2,445 7,995 The Timken Co. (b)..................................... 1,425 19,893 The Toro Co. (b)....................................... 658 15,910 Titan International, Inc. (b).......................... 556 2,797 Trinity Industries, Inc. (b)........................... 1,485 13,573 Valmont Industries, Inc. (b)........................... 345 17,322 Wabash National Corp. ................................. 496 610 Wabtec Corp. (b)....................................... 892 23,531 Watts Water Technologies, Inc. (b)..................... 554 10,836 ----------- 527,116 ----------- MARINE -- 0.4% Alexander & Baldwin, Inc. (b).......................... 767 14,596 American Commercial Lines, Inc. (a)(b)................. 619 1,962 Eagle Bulk Shipping, Inc. (b).......................... 764 3,247 Excel Maritime Carriers, Ltd. (b)...................... 618 2,793 Genco Shipping & Trading, Ltd. (b)..................... 511 6,306 Horizon Lines, Inc. (b)................................ 495 1,500 Kirby Corp. (a)(b)..................................... 987 26,294 TBS International, Ltd. (a)(b)......................... 258 1,896 ----------- 58,594 ----------- MEDIA -- 1.2% Arbitron, Inc. (b)..................................... 442 6,634 Ascent Media Corp. (a)................................. 270 6,750 Belo Corp. (b)......................................... 1,488 908 Cinemark Holdings, Inc. ............................... 577 5,418 CKX, Inc. (a)(b)....................................... 1,093 4,481 Cox Radio, Inc. (Class A) (a)(b)....................... 403 1,652 Crown Media Holdings, Inc. (Class A) (a)(b)............ 148 302 Cumulus Media, Inc. (a)(b)............................. 524 529 Dolan Media Co. (a)(b)................................. 407 3,203 Fisher Communications, Inc. ........................... 102 996 Gannett Co., Inc. (b).................................. 4,344 9,557 Harte-Hanks, Inc. (b).................................. 622 3,328 Hearst-Argyle Television, Inc. (b)..................... 410 1,706 Journal Communications, Inc. .......................... 682 512 Knology, Inc. (a)(b)................................... 672 2,769 Lamar Advertising Co. (Class A) (a)(b)................. 1,242 12,110 Liberty Media Corp. -- Interactive (Class A) (a)(b).... 1,620 11,308 Live Nation, Inc. (a)(b)............................... 1,235 3,297 Martha Stewart Living, Inc. (Class A) (a)(b)........... 452 1,125 Mediacom Communications Corp. (a)(b)................... 640 2,579 Meredith Corp. (b)..................................... 686 11,415 Morningstar, Inc. (a)(b)............................... 342 11,679 National CineMedia, Inc. (b)........................... 791 10,425 Primedia, Inc. ........................................ 294 726 RCN Corp. (a)(b)....................................... 611 2,261 Regal Entertainment Group.............................. 1,443 19,351 Scholastic Corp. ...................................... 535 8,062 Sinclair Broadcast Group, Inc. (b)..................... 835 860 Sirius XM Radio, Inc. (a)(b)........................... 64,812 22,684 The New York Times Co. (Class A) (b)................... 2,188 9,890 Valassis Communications, Inc. (a)(b)................... 757 1,188 Warner Music Group Corp. (a)........................... 981 2,305 World Wrestling Entertainment, Inc. (Class A) (b)...... 322 3,716 ----------- 183,726 ----------- METALS & MINING -- 1.2% AK Steel Holding Corp. (b)............................. 2,072 14,753 Allied Nevada Gold Corp. (a)........................... 953 5,575 AM Castle & Co. (b).................................... 283 2,524 AMCOL International Corp. (b).......................... 417 6,188 Brush Engineered Materials, Inc. (a)(b)................ 332 4,605 Carpenter Technology Corp. (b)......................... 824 11,635 Century Aluminum Co. (a)(b)............................ 1,074 2,266 Coeur d' Alene Mines Corp. (a)(b)...................... 10,449 9,822 Commercial Metals Co. (b).............................. 2,067 23,874 Haynes International, Inc. (a)(b)...................... 195 3,475 Hecla Mining Co. (a)(b)................................ 4,133 8,266 Horsehead Holding Corp. (a)(b)......................... 564 3,102 Kaiser Aluminum Corp. ................................. 255 5,896 Olympic Steel, Inc. ................................... 154 2,336 Royal Gold, Inc. (b)................................... 582 27,214 RTI International Metals, Inc. (a)..................... 378 4,423 Schnitzer Steel Industries, Inc. (Class A) (b)......... 387 12,148 Stillwater Mining Co. (a)(b)........................... 710 2,627 Titanium Metals Corp. (b).............................. 1,856 10,152 US Gold Corp. (a)...................................... 1,242 2,534
53 SPDR DOW JONES SMALL CAP ETF (FORMERLY SPDR DJ WILSHIRE SMALL CAP ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ----------- WHX Corp (a)........................................... 562 $ 3,765 Worthington Industries, Inc. (b)....................... 1,096 9,546 ----------- 176,726 ----------- MULTI-UTILITIES -- 0.5% Avista Corp. .......................................... 1,014 13,973 Black Hills Corp. (b).................................. 718 12,845 CH Energy Group, Inc. (b).............................. 295 13,836 NorthWestern Corp. (b)................................. 669 14,370 PNM Resources, Inc. (b)................................ 1,467 12,117 ----------- 67,141 ----------- MULTILINE RETAIL -- 0.4% 99 Cents Only Stores (a)............................... 720 6,653 Big Lots, Inc. (a)(b).................................. 1,491 30,983 Dillard's, Inc. (Class A) (b).......................... 1,000 5,700 Fred's, Inc. (Class A)................................. 620 6,994 Retail Ventures, Inc. (a).............................. 451 685 Saks, Inc. (a)(b)...................................... 2,029 3,794 ----------- 54,809 ----------- OFFICE ELECTRONICS -- 0.1% Zebra Technologies Corp. (Class A) (a)(b).............. 1,168 22,215 ----------- OIL, GAS & CONSUMABLE FUELS -- 5.3% Alliance Holdings GP LP................................ 326 5,239 Alliance Resource Partners LP.......................... 382 11,116 Alon USA Energy, Inc. (b).............................. 201 2,754 APCO Argentina, Inc. (b)............................... 150 1,653 Arena Resources, Inc. (a)(b)........................... 704 17,938 Atlas America, Inc. (b)................................ 618 5,407 Atlas Energy Resources LLC (b)......................... 546 5,760 Atlas Pipeline Partners LP (b)......................... 645 2,528 ATP Oil & Gas Corp. (a)(b)............................. 461 2,365 Berry Petroleum Co. (Class A) (b)...................... 672 7,365 Bill Barrett Corp. (a)(b).............................. 616 13,700 BP Prudhoe Bay Royalty Trust (b)....................... 394 25,653 BPZ Resources, Inc. (a)(b)............................. 904 3,345 BreitBurn Energy Partners LP (b)....................... 862 5,629 Brigham Exploration Co. (a)............................ 555 1,055 Buckeye GP Holdings LP (b)............................. 197 3,168 Calumet Specialty Products Partners LP (b)............. 228 2,485 Capital Product Partners LP............................ 194 1,339 Carrizo Oil & Gas, Inc. (a)(b)......................... 445 3,952 Cheniere Energy Partners LP............................ 219 1,314 Cheniere Energy, Inc. (a)(b)........................... 1,036 4,413 Clayton Williams Energy, Inc. (a)(b)................... 158 4,620 Clean Energy Fuels Corp. (a)(b)........................ 564 3,435 Comstock Resources, Inc. (a)(b)........................ 844 25,151 Contango Oil & Gas Co. (a)(b).......................... 258 10,114 Copano Energy LLC...................................... 726 9,670 Crosstex Energy LP..................................... 638 1,212 Crosstex Energy, Inc. ................................. 743 1,219 CVR Energy, Inc. (a)(b)................................ 889 4,925 DCP Midstream Partners LP.............................. 399 5,610 Delek US Holdings, Inc. (b)............................ 234 2,424 Delta Petroleum Corp. (a)(b)........................... 1,063 1,276 DHT Maritime, Inc. (b)................................. 638 2,450 Dorchester Minerals LP (b)............................. 506 8,263 Duncan Energy Partners LP (b).......................... 239 3,578 Eagle Rock Energy Partners LP (b)...................... 638 3,267 El Paso Pipeline Partners LP (b)....................... 622 10,698 Enbridge Energy Management LLC (a)(b).................. 244 7,069 Encore Acquisition Co. (a)(b).......................... 926 21,548 Encore Energy Partners LP.............................. 537 7,658 EV Energy Partner LP................................... 193 2,798 Foundation Coal Holdings, Inc. (b)..................... 831 11,925 Frontier Oil Corp. (b)................................. 1,899 24,288 Gastar Exploration, Ltd. (a)........................... 2,566 1,386 General Maritime Corp (b).............................. 993 6,951 Genesis Energy LP (b).................................. 588 6,015 GMX Resources, Inc. (a)(b)............................. 306 1,989 Goodrich Petroleum Corp. (a)(b)........................ 447 8,654 Gulfport Energy Corp. (a)(b)........................... 426 988 Harvest Natural Resources, Inc. (a)(b)................. 589 1,997 Hiland Partners LP..................................... 81 641 Holly Corp. ........................................... 775 16,430 Holly Energy Partners LP............................... 132 3,065 Hugoton Royalty Trust (b).............................. 672 6,424 Inergy Holdings LP (b)................................. 190 5,785 Inergy LP.............................................. 852 18,676 International Coal Group, Inc. (a)(b).................. 1,730 2,785 James River Coal Co. (a)(b)............................ 482 5,948 K-Sea Transportation Partners LP (b)................... 202 3,575 Legacy Reserves LP (b)................................. 316 2,888 Linn Energy LLC (b).................................... 2,002 29,830 Magellan Midstream Holdings LP......................... 1,079 18,882 Mariner Energy, Inc. (a)(b)............................ 1,656 12,834 Markwest Energy Partners LP............................ 923 10,698 Martin Midstream Partners LP (b)....................... 144 2,703 Massey Energy Co. (b).................................. 1,564 15,828 McMoRan Exploration Co. (a)(b)......................... 1,053 4,949 Natural Resource Partners LP (b)....................... 597 13,331 NuStar GP Holdings LLC................................. 638 13,149 OSG America LP......................................... 113 921 Overseas Shipholding Group, Inc. (b)................... 404 9,159 Parallel Petroleum Corp. (a)(b)........................ 679 869 Patriot Coal Corp. (a)(b).............................. 1,058 3,925 Penn Virginia Corp. ................................... 806 8,850 Penn Virginia GP Holdings LP (b)....................... 340 4,032 Penn Virginia Resource Partners LP..................... 612 6,977 Petroleum Development Corp. (a)(b)..................... 242 2,858 Petroquest Energy, Inc. (a)(b)......................... 708 1,699 Pioneer Southwest Energy Partners LP (b)............... 138 2,174 Regency Energy Partners LP............................. 720 8,986 Rentech, Inc. (a)(b)................................... 2,779 1,528 Rosetta Resources, Inc. (a)(b)......................... 835 4,133 SandRidge Energy, Inc. (a)(b).......................... 1,754 11,559 Ship Finance International, Ltd. (b)................... 652 4,277 Southern Union Co. (b)................................. 1,913 29,116 St. Mary Land & Exploration Co. ....................... 1,153 15,254 Stone Energy Corp. (a)(b).............................. 557 1,855 Sunoco Logistics Partners LP........................... 304 15,677 Swift Energy Co. (a)................................... 495 3,613 Targa Resources Partners LP (b)........................ 552 4,946 TC Pipelines LP........................................ 271 8,062 Teekay Corp. (b)....................................... 790 11,242 Teekay LNG Partners LP (b)............................. 280 4,701 Teekay Offshore Partners LP............................ 352 4,023 TransMontaigne Partners LP............................. 186 3,119 USEC, Inc. (a)(b)...................................... 2,096 10,061 Vaalco Energy, Inc. (a)................................ 1,134 5,999
54 SPDR DOW JONES SMALL CAP ETF (FORMERLY SPDR DJ WILSHIRE SMALL CAP ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ----------- Venoco, Inc. (a)(b).................................... 349 $ 1,145 W&T Offshore, Inc. (b)................................. 439 2,700 Walter Industries, Inc. (b)............................ 999 22,847 Warren Resources, Inc. (a)(b).......................... 960 922 Western Gas Partners LP................................ 367 5,461 Western Refining, Inc. (b)............................. 640 7,642 Williams Partners LP................................... 783 8,738 Williams Pipeline Partners LP (b)...................... 257 4,230 World Fuel Services Corp. (b).......................... 543 17,175 ----------- 778,252 ----------- PAPER & FOREST PRODUCTS -- 0.3% Buckeye Technologies, Inc. (a)......................... 618 1,316 Clearwater Paper Corp (a).............................. 183 1,469 Deltic Timber Corp. (b)................................ 188 7,409 Domtar Corp. (a)....................................... 9,326 8,860 Glatfelter (b)......................................... 728 4,543 Louisiana-Pacific Corp. (b)............................ 1,709 3,811 Neenah Paper, Inc. (b)................................. 232 842 Schweitzer-Mauduit International, Inc. ................ 249 4,597 Wausau-Mosinee Paper Corp. (b)......................... 792 4,166 ----------- 37,013 ----------- PERSONAL PRODUCTS -- 0.5% Bare Escentuals, Inc. (a)(b)........................... 1,094 4,485 Chattem, Inc. (a)(b)................................... 323 18,104 Elizabeth Arden, Inc. (a).............................. 431 2,513 Herbalife, Ltd. ....................................... 1,181 17,691 Inter Parfums, Inc. (b)................................ 231 1,347 NBTY, Inc. (a)(b)...................................... 1,042 14,671 Nu Skin Enterprises, Inc. (Class A).................... 991 10,396 Prestige Brands Holdings, Inc. (a)(b).................. 567 2,937 Revlon, Inc. (a)....................................... 318 789 USANA Health Sciences, Inc. (a)(b)..................... 134 2,996 ----------- 75,929 ----------- PHARMACEUTICALS -- 1.2% Acura Pharmaceuticals, Inc. (a)........................ 832 5,341 Akorn, Inc. (a)........................................ 829 713 Ardea Biosciences, Inc. (a)............................ 255 2,624 Auxilium Pharmaceuticals, Inc. (a)(b).................. 738 20,457 Biodel, Inc. (a)....................................... 232 1,209 Cadence Pharmaceuticals, Inc. (a)(b)................... 436 4,090 Caraco Pharmaceutical Laboratories, Ltd. (a)(b)........ 174 613 Cypress Bioscience, Inc. (a)........................... 739 5,254 Durect Corp. (a)....................................... 1,518 3,385 Inspire Pharmaceuticals, Inc. (a)...................... 803 3,260 Matrixx Initiatives, Inc. (a)(b)....................... 203 3,329 Medicis Pharmaceutical Corp. (Class A) (b)............. 1,055 13,050 Noven Pharmaceuticals, Inc. (a)(b)..................... 395 3,745 Optimer Pharmaceuticals, Inc. (a)(b)................... 523 6,898 Pain Therapeutics, Inc. (a)(b)......................... 555 2,331 Par Pharmaceutical Cos., Inc. (a)(b)................... 562 5,322 POZEN, Inc. (a)........................................ 501 3,066 Questcor Pharmaceuticals, Inc. (a)..................... 1,078 5,304 Salix Pharmaceuticals, Ltd. (a)........................ 796 7,562 Sepracor, Inc. (a)..................................... 1,978 28,998 Sucampo Pharmaceuticals, Inc. (a)(b)................... 111 680 The Medicines Co. (a)(b)............................... 978 10,602 Valeant Pharmaceuticals International (a)(b)........... 1,286 22,878 ViroPharma, Inc. (a)(b)................................ 1,294 6,794 VIVUS, Inc. (a)(b)..................................... 1,124 4,856 XenoPort, Inc. (a)(b).................................. 512 9,912 ----------- 182,273 ----------- PROFESSIONAL SERVICES -- 1.1% Administaff, Inc. (b).................................. 373 7,882 Advisory Board Co. (a)................................. 239 3,963 CBIZ, Inc. (a)(b)...................................... 863 6,015 CDI Corp. ............................................. 229 2,226 CoStar Group, Inc. (a)(b).............................. 368 11,132 CRA International, Inc. (a)(b)......................... 174 3,285 Duff & Phelps Corp. (Class A) (a)(b)................... 176 2,772 Exponent, Inc. (a)(b).................................. 242 6,130 First Advantage Corp. (Class A) (a).................... 187 2,577 Heidrick & Struggles International, Inc. (b)........... 275 4,879 Hill International, Inc. (a)(b)........................ 499 1,517 Huron Consulting Group, Inc. (a)(b).................... 387 16,420 ICF International, Inc. (a)(b)......................... 145 3,331 Kelly Services, Inc. (Class A) (b)..................... 443 3,566 Kforce, Inc. (a)....................................... 611 4,295 Korn/Ferry International (a)........................... 756 6,849 LECG Corp. (a)......................................... 393 998 Monster Worldwide, Inc. (a)(b)......................... 2,282 18,598 MPS Group, Inc. (a)(b)................................. 1,775 10,561 Navigant Consulting, Inc. (a)(b)....................... 905 11,828 Odyssey Marine Exploration, Inc. (a)................... 1,066 3,614 Resources Connection, Inc. (a)(b)...................... 777 11,717 School Specialty, Inc. (a)(b).......................... 270 4,749 Spherion Corp. (a)(b).................................. 906 1,885 The Corporate Executive Board Co. ..................... 572 8,294 TrueBlue, Inc. (a)..................................... 721 5,948 Volt Information Sciences, Inc. (a)(b)................. 227 1,510 ----------- 166,541 ----------- REAL ESTATE INVESTMENT TRUSTS -- 6.0% Acadia Realty Trust (b)................................ 514 5,454 Alexander's, Inc. (b).................................. 43 7,326 Alexandria Real Estate Equities, Inc. (b).............. 688 25,043 American Campus Communities, Inc. (b).................. 788 13,680 American Capital Agency Corp. ......................... 206 3,525 Anthracite Capital, Inc. (b)........................... 1,207 410 Anworth Mortgage Asset Corp. .......................... 1,864 11,426 Apartment Investment & Management Co. (Class A)........ 2,191 12,007 Ashford Hospitality Trust, Inc. (b).................... 1,197 1,843 BioMed Realty Trust, Inc. (b).......................... 1,513 10,243 Brandywine Realty Trust................................ 1,447 4,124 BRE Properties, Inc. (b)............................... 944 18,531 Camden Property Trust.................................. 971 20,954 Capital Lease Funding, Inc. (b)........................ 713 1,405 CapitalSource, Inc. (b)................................ 4,424 5,397 Capstead Mortgage Corp. ............................... 1,010 10,847 CBL & Associates Properties, Inc. (b).................. 1,078 2,544 Cedar Shopping Centers, Inc. .......................... 736 1,281 Chimera Investment Corp. (b)........................... 3,000 10,080 Colonial Properties Trust (b).......................... 677 2,579 Corporate Office Properties Trust (b).................. 950 23,589 Cousins Properties, Inc. (b)........................... 670 4,315 DCT Industrial Trust, Inc. (b)......................... 3,231 10,242 Developers Diversified Realty Corp. (b)................ 2,360 5,027
55 SPDR DOW JONES SMALL CAP ETF (FORMERLY SPDR DJ WILSHIRE SMALL CAP ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ----------- DiamondRock Hospitality Co. (b)........................ 1,540 $ 6,175 Douglas Emmett, Inc. (b)............................... 2,021 14,935 Duke Realty Corp. ..................................... 2,704 14,872 DuPont Fabros Technology, Inc. (b)..................... 582 4,004 EastGroup Properties, Inc. (b)......................... 474 13,305 Education Realty Trust, Inc. (b)....................... 444 1,550 Entertainment Properties Trust (b)..................... 556 8,763 Equity Lifestyle Properties, Inc. (b).................. 421 16,040 Equity One, Inc. (b)................................... 650 7,924 Essex Property Trust, Inc. (b)......................... 491 28,154 Extra Space Storage, Inc. (b).......................... 1,622 8,937 FelCor Lodging Trust, Inc. ............................ 1,022 1,390 First Industrial Realty Trust, Inc. (b)................ 720 1,764 First Potomac Realty Trust (b)......................... 465 3,418 Franklin Street Properties Corp. (b)................... 1,192 14,662 Getty Realty Corp. (b)................................. 304 5,578 Hatteras Financial Corp. (b)........................... 672 16,793 Healthcare Realty Trust, Inc. (b)...................... 1,093 16,384 Highwoods Properties, Inc. ............................ 1,169 25,040 Home Properties, Inc. (b).............................. 597 18,298 Hospitality Properties Trust (b)....................... 1,733 20,796 HRPT Properties Trust (b).............................. 4,212 13,436 Inland Real Estate Corp. (b)........................... 970 6,877 Investors Real Estate Trust (b)........................ 1,097 10,817 iStar Financial, Inc. (b).............................. 2,187 6,146 Kilroy Realty Corp. (b)................................ 622 10,692 Kite Realty Group Trust (b)............................ 598 1,465 LaSalle Hotel Properties (b)........................... 655 3,825 Lexington Realty Trust (b)............................. 1,347 3,206 LTC Properties, Inc. .................................. 414 7,262 Mack-Cali Realty Corp. ................................ 1,210 23,970 Maguire Properties, Inc. (a)(b)........................ 620 446 Medical Properties Trust, Inc. (b)..................... 1,345 4,909 MFA Financial, Inc. ................................... 4,101 24,114 Mid-America Apartment Communities, Inc. (b)............ 524 16,155 National Health Investors, Inc. (b).................... 414 11,124 National Retail Properties, Inc. (b)................... 1,445 22,889 NorthStar Realty Finance Corp. (b)..................... 1,013 2,350 OMEGA Healthcare Investors, Inc. (b)................... 1,512 21,289 Parkway Properties, Inc. (b)........................... 246 2,534 Pennsylvania Real Estate Investment Trust (b).......... 643 2,283 Post Properties, Inc. (b).............................. 838 8,497 Potlatch Corp. ........................................ 734 17,022 PS Business Parks, Inc. (b)............................ 260 9,581 RAIT Financial Trust (b)............................... 943 1,151 Ramco-Gershenson Properties Trust (b).................. 299 1,929 Redwood Trust, Inc. ................................... 946 14,521 Saul Centers, Inc. .................................... 174 3,997 Senior Housing Properties Trust (b).................... 2,201 30,858 SL Green Realty Corp. (b).............................. 1,066 11,513 Sovran Self Storage, Inc. ............................. 427 8,574 Strategic Hotels & Resorts, Inc. (b)................... 1,218 840 Sun Communities, Inc. (b).............................. 274 3,241 Sunstone Hotel Investors, Inc. ........................ 951 2,501 Tanger Factory Outlet Centers, Inc. (b)................ 586 18,084 Taubman Centers, Inc. (b).............................. 977 16,648 The Macerich Co. (b)................................... 1,428 8,939 U-Store-It Trust....................................... 754 1,523 UDR, Inc. (b).......................................... 2,511 21,620 Universal Health Realty Income Trust (b)............... 184 5,378 Urstadt Biddle Properties (b).......................... 55 737 Urstadt Biddle Properties (Class A) (b)................ 326 4,375 Washington Real Estate Investment Trust (b)............ 971 16,798 Weingarten Realty Investors (b)........................ 1,504 14,318 ----------- 879,088 ----------- REAL ESTATE MANAGEMENT & DEVELOPMENT -- 0.3% Avatar Holdings, Inc. (a).............................. 90 1,348 CB Richard Ellis Group, Inc. (Class A) (a)(b).......... 4,210 16,966 Forest City Enterprises, Inc. (Class A) (b)............ 1,366 4,917 Forestar Real Estate Group, Inc. (a)(b)................ 535 4,093 Jones Lang LaSalle, Inc. (b)........................... 653 15,189 Tejon Ranch Co. (a)(b)................................. 216 4,465 ----------- 46,978 ----------- ROAD & RAIL -- 1.0% Amerco, Inc. (a)(b).................................... 105 3,521 Arkansas Best Corp. (b)................................ 434 8,255 Avis Budget Group, Inc. (a)............................ 1,669 1,519 Con-way, Inc. (b)...................................... 858 15,384 Genesee & Wyoming, Inc. (Class A) (a)(b)............... 597 12,686 Heartland Express, Inc. (b)............................ 1,091 16,158 Knight Transportation, Inc. (b)........................ 1,043 15,812 Landstar Systems, Inc. (b)............................. 947 31,696 Marten Transport, Ltd. (a)............................. 246 4,595 Old Dominion Freight Line, Inc. (a)(b)................. 566 13,295 Patriot Transportation Holding, Inc. (a)............... 38 2,368 Universal Truckload Services, Inc. .................... 135 1,936 Werner Enterprises, Inc. (b)........................... 954 14,424 YRC Worldwide, Inc. (a)(b)............................. 922 4,140 ----------- 145,789 ----------- SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT -- 3.5% Actel Corp. (a)........................................ 411 4,159 Advanced Analogic Technologies, Inc. (a)(b)............ 737 2,653 Advanced Energy Industries, Inc. (a)(b)................ 547 4,119 Amkor Technology, Inc. (a)(b).......................... 1,723 4,618 Anadigics, Inc. (a).................................... 1,018 2,107 Applied Micro Circuits Corp. (a)....................... 1,051 5,108 Atheros Communications, Inc. (a)(b).................... 1,119 16,405 Atmel Corp. (a)(b)..................................... 8,228 29,868 ATMI, Inc. (a)(b)...................................... 607 9,366 Brooks Automation, Inc. (a)............................ 967 4,458 Cabot Microelectronics Corp. (a)....................... 441 10,597 Cavium Networks, Inc. (a).............................. 694 8,009 Cirrus Logic, Inc. (a)................................. 949 3,568 Cohu, Inc. (b)......................................... 346 2,491 Cymer, Inc. (a)........................................ 563 12,532 Cypress Semiconductor Corp. (a)(b)..................... 2,687 18,191 Diodes, Inc. (a)(b).................................... 501 5,316 DSP Group, Inc. (a).................................... 394 1,702 Entegris, Inc. (a)..................................... 1,851 1,592 Exar Corp. (a)(b)...................................... 622 3,881 Fairchild Semiconductor International, Inc. (a)(b)..... 2,353 8,777
56 SPDR DOW JONES SMALL CAP ETF (FORMERLY SPDR DJ WILSHIRE SMALL CAP ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ----------- FEI Co. (a)............................................ 699 $ 10,786 Formfactor, Inc. (a)(b)................................ 906 16,326 Hittite Microwave Corp. (a)(b)......................... 360 11,232 Integrated Device Technology, Inc. (a)................. 3,180 14,469 International Rectifier Corp. (a)...................... 1,348 18,212 IXYS Corp. (b)......................................... 405 3,264 Kulicke & Soffa Industries, Inc. (a)(b)................ 856 2,243 Lattice Semiconductor Corp. (a)(b)..................... 1,798 2,481 Micrel, Inc. .......................................... 837 5,893 Microsemi Corp. (a).................................... 1,502 17,423 MKS Instruments, Inc. (a).............................. 817 11,985 Monolithic Power Systems, Inc. (a)(b).................. 574 8,897 Netlogic Microsystems, Inc. (a)(b)..................... 350 9,618 Novellus Systems, Inc. (a)(b).......................... 1,829 30,416 OmniVision Technologies, Inc. (a)(b)................... 837 5,625 PMC-Sierra, Inc. (a)................................... 3,988 25,443 Power Integrations, Inc. (b)........................... 492 8,462 Rambus, Inc. (a)(b).................................... 1,939 18,343 RF Micro Devices, Inc. (a)(b).......................... 3,945 5,247 Rubicon Technology, Inc. (a)(b)........................ 224 1,189 Semtech Corp. (a)(b)................................... 1,057 14,111 Sigma Designs, Inc. (a)(b)............................. 430 5,349 Silicon Image, Inc. (a)(b)............................. 1,185 2,844 Silicon Laboratories, Inc. (a)(b)...................... 831 21,938 Silicon Storage Technology, Inc. (a)(b)................ 1,532 2,528 Skyworks Solutions, Inc. (a)........................... 3,033 24,446 Standard Microsystems Corp. (a)(b)..................... 377 7,012 Supertex, Inc. (a)(b).................................. 221 5,105 Teradyne, Inc. (a)..................................... 3,148 13,788 Tessera Technologies, Inc. (a)......................... 823 11,004 Trident Microsystems, Inc. (a)(b)...................... 963 1,406 TriQuint Semiconductor, Inc. (a)....................... 2,326 5,745 Ultratech, Inc. (a)(b)................................. 298 3,722 Veeco Instruments, Inc. (a)............................ 489 3,262 Volterra Semiconductor Corp. (a)(b).................... 506 4,271 Zoran Corp. (a)(b)..................................... 841 7,401 ----------- 521,003 ----------- SOFTWARE -- 3.9% ACI Worldwide, Inc. (a)(b)............................. 644 12,075 Advent Software, Inc. (a)(b)........................... 343 11,425 ArcSight, Inc. (a)..................................... 335 4,278 Ariba, Inc. (a)(b)..................................... 1,602 13,985 Blackbaud, Inc. (b).................................... 723 8,394 Blackboard, Inc. (a)(b)................................ 528 16,759 Cadence Design Systems, Inc. (a)(b).................... 4,762 20,000 Commvault Systems, Inc. (a)(b)......................... 741 8,129 Compuware Corp. (a).................................... 4,529 29,846 Concur Technologies, Inc. (a)(b)....................... 895 17,175 Deltek, Inc. (a)....................................... 177 766 DemandTec, Inc. (a).................................... 365 3,194 Ebix, Inc. (a)......................................... 161 4,001 Epicor Software Corp. (a)(b)........................... 884 3,368 EPIQ Systems, Inc. (a)(b).............................. 588 10,602 Fair Isaac Corp. ...................................... 908 12,776 FalconStor Software, Inc. (a).......................... 628 1,501 i2 Technologies, Inc. (a)(b)........................... 286 2,259 Informatica Corp. (a)(b)............................... 1,632 21,640 Jack Henry & Associates, Inc. (b)...................... 1,568 25,590 JDA Software Group, Inc. (a)........................... 611 7,057 Kenexa Corp. (a)(b).................................... 321 1,730 Lawson Software, Inc. (a).............................. 2,149 9,133 Macrovision Solutions Corp. (a)(b)..................... 1,514 26,934 Manhattan Associates, Inc. (a)......................... 401 6,945 Mentor Graphics Corp. (a)(b)........................... 1,766 7,841 MICROS Systems, Inc. (a)(b)............................ 1,480 27,750 MicroStrategy, Inc. (a)(b)............................. 155 5,299 Monotype Imaging Holdings, Inc. (a).................... 371 1,388 MSC Software Corp. (a)(b).............................. 727 4,100 Netscout Systems, Inc. (a)............................. 422 3,022 NetSuite, Inc. (a)(b).................................. 298 3,355 Novell, Inc. (a)....................................... 6,338 27,000 OPNET Technologies, Inc. (a)........................... 287 2,488 Parametric Technology Corp. (a)........................ 2,142 21,377 Pegasystems, Inc. ..................................... 252 4,680 Progress Software Corp. (a)............................ 682 11,840 Quality Systems, Inc. (b).............................. 335 15,159 Quest Software, Inc. (a)............................... 1,220 15,470 Radiant Systems, Inc. (a).............................. 451 1,989 Renaissance Learning, Inc. ............................ 118 1,058 Solera Holdings, Inc. (a)(b)........................... 1,270 31,471 SPSS, Inc. (a)......................................... 344 9,780 SuccessFactors, Inc. (a)(b)............................ 416 3,174 Symyx Technologies, Inc. (a)........................... 563 2,505 Synchronoss Technologies, Inc. (a)(b).................. 303 3,715 Take-Two Interactive Software, Inc. (b)................ 1,442 12,041 Taleo Corp. (Class A) (a)(b)........................... 556 6,572 TeleCommunication Systems, Inc. (Class A) (a).......... 677 6,208 THQ, Inc. (a)(b)....................................... 1,096 3,332 TIBCO Software, Inc. (a)............................... 3,234 18,984 TiVo, Inc. (a)(b)...................................... 1,906 13,418 Tyler Technologies, Inc. (a)(b)........................ 620 9,071 Ultimate Software Group, Inc. (a)(b)................... 401 6,921 Vasco Data Security International (a).................. 486 2,804 Wind River Systems, Inc. (a)(b)........................ 1,210 7,744 ----------- 571,118 ----------- SPECIALTY RETAIL -- 3.5% Aaron's Inc. (b)....................................... 885 23,594 Aeropostale, Inc. (a)(b)............................... 1,226 32,563 AnnTaylor Stores Corp. (a)(b).......................... 972 5,054 Asbury Automotive Group, Inc. ......................... 513 2,211 AutoNation, Inc. (a)(b)................................ 2,038 28,287 Barnes & Noble, Inc. (b)............................... 700 14,966 Bebe Stores, Inc. (b).................................. 482 3,215 Big 5 Sporting Goods Corp. (b)......................... 307 1,802 Blockbuster, Inc. (Class A) (a)(b)..................... 2,995 2,156 Brown Shoe Co., Inc. (b)............................... 685 2,569 Cabela's, Inc. (a)(b).................................. 664 6,049 Charlotte Russe Holding, Inc. (a)...................... 338 2,755 Charming Shoppes, Inc. (a)(b).......................... 1,578 2,209 Chico's FAS, Inc. (a)(b)............................... 3,260 17,506 Christopher & Banks Corp. (b).......................... 555 2,270 Coldwater Creek, Inc. (a)(b)........................... 955 2,397 Collective Brands, Inc. (a)(b)......................... 1,203 11,717 Conn's, Inc. (a)(b).................................... 181 2,541 Dick's Sporting Goods, Inc. (a)(b)..................... 1,554 22,176 DSW, Inc. (Class A) (a)(b)............................. 229 2,127 Foot Locker, Inc. ..................................... 2,845 29,816 Genesco, Inc. (a)(b)................................... 313 5,894 Group 1 Automotive, Inc. (b)........................... 381 5,323 Gymboree Corp. (a)(b).................................. 491 10,483 hhgregg, Inc. (a)(b)................................... 254 3,594
57 SPDR DOW JONES SMALL CAP ETF (FORMERLY SPDR DJ WILSHIRE SMALL CAP ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ----------- Hibbett Sports, Inc. (a)(b)............................ 538 $ 10,340 Hot Topic, Inc. (a)(b)................................. 749 8,381 J. Crew Group, Inc. (a)(b)............................. 980 12,916 Jo-Ann Stores, Inc. (a)(b)............................. 492 8,039 Jos. A. Bank Clothiers, Inc. (a)(b).................... 344 9,567 Lumber Liquidators, Inc. (a)(b)........................ 220 2,805 Mens Wearhouse, Inc. (b)............................... 873 13,217 Monro Muffler Brake, Inc. ............................. 367 10,030 New York & Co., Inc. (a)(b)............................ 425 1,509 Office Depot, Inc. (a)(b).............................. 4,454 5,835 OfficeMax, Inc. (b).................................... 1,231 3,841 Pacific Sunwear of California, Inc. (a)(b)............. 1,140 1,892 Penske Automotive Group, Inc. (b)...................... 687 6,410 RadioShack Corp. (b)................................... 2,310 19,797 Rent-A-Center, Inc. (a)(b)............................. 1,232 23,864 Sally Beauty Holdings, Inc. (a)(b)..................... 1,392 7,907 Signet Jewelers, Ltd. ................................. 1,583 18,125 Stage Stores, Inc. .................................... 637 6,421 Systemax, Inc. (a)(b).................................. 210 2,713 Talbots, Inc. (b)...................................... 364 1,278 The Buckle, Inc. (b)................................... 442 14,113 The Cato Corp. (Class A) (b)........................... 525 9,597 The Children's Place Retail Stores, Inc. (a)(b)........ 405 8,865 The Dress Barn, Inc. (a)(b)............................ 840 10,324 The Finish Line, Inc. (Class A) (b).................... 725 4,799 The Pep Boys -- Manny, Moe & Jack (b).................. 743 3,277 The Wet Seal, Inc. (Class A) (a)....................... 1,714 5,759 Tractor Supply Co. (a)(b).............................. 579 20,879 Tween Brands, Inc. (a)(b).............................. 393 841 Ulta Salon Cosmetics & Fragrance, Inc. (a)(b).......... 450 2,979 Williams-Sonoma, Inc. (b).............................. 1,761 17,751 Zumiez, Inc. (a)(b).................................... 327 3,172 ----------- 520,517 ----------- TEXTILES, APPAREL & LUXURY GOODS -- 1.4% American Apparel, Inc. (a)(b).......................... 549 1,603 Carter's, Inc. (a)..................................... 1,045 19,656 Columbia Sportswear Co. (b)............................ 244 7,300 CROCS, Inc. (a)(b)..................................... 1,347 1,603 Deckers Outdoor Corp. (a)(b)........................... 243 12,889 FGX International Holdings, Ltd. (a)................... 295 3,428 Fossil, Inc. (a)(b).................................... 880 13,816 Hanesbrands, Inc. (a)(b)............................... 1,741 16,661 Iconix Brand Group, Inc. (a)(b)........................ 1,094 9,682 Jones Apparel Group, Inc. (b).......................... 1,384 5,840 K-Swiss, Inc. (Class A) (b)............................ 420 3,587 Kenneth Cole Productions, Inc. (Class A) (b)........... 135 863 Liz Claiborne, Inc. ................................... 1,534 3,789 Maidenform Brands, Inc. (a)(b)......................... 294 2,693 Movado Group, Inc. (b)................................. 299 2,254 Oxford Industries, Inc. (b)............................ 227 1,401 Phillips-Van Heusen Corp. ............................. 951 21,569 Quiksilver, Inc. (a)(b)................................ 2,052 2,627 Skechers USA, Inc. (a)(b).............................. 537 3,582 Steven Madden, Ltd. (a)................................ 260 4,883 The Timberland Co. (Class A) (a)(b).................... 811 9,683 The Warnaco Group, Inc. (a)............................ 863 20,712 True Religion Apparel, Inc. (a)(b)..................... 263 3,106 Under Armour, Inc. (Class A) (a)(b).................... 639 10,499 UniFirst Corp. ........................................ 231 6,431 Volcom, Inc. (a)(b).................................... 240 2,328 Weyco Group, Inc. ..................................... 195 5,054 Wolverine World Wide, Inc. (b)......................... 914 14,240 ----------- 211,779 ----------- THRIFTS & MORTGAGE FINANCE -- 1.6% Astoria Financial Corp. ............................... 1,625 14,934 Bank Mutual Corp. ..................................... 797 7,221 BankFinancial Corp. ................................... 408 4,068 Beneficial Mutual Bancorp, Inc. (a)(b)................. 609 5,999 Berkshire Hills Bancorp, Inc. ......................... 235 5,386 Brookline Bancorp, Inc. (b)............................ 1,117 10,611 Clifton Savings Bancorp, Inc. (b)...................... 184 1,840 Danvers Bancorp, Inc. ................................. 354 4,889 Dime Community Bancshares (b).......................... 539 5,056 Doral Financial Corp. (a)(b)........................... 78 140 ESSA Bancorp, Inc. .................................... 278 3,700 Fannie Mae (b)......................................... 19,898 13,929 First Financial Holdings, Inc. (b)..................... 210 1,606 First Financial Northwest, Inc. ....................... 404 3,369 First Niagara Financial Group, Inc. (b)................ 2,183 23,795 Flushing Financial Corp. (b)........................... 330 1,987 Freddie Mac (b)........................................ 12,102 9,198 Guaranty Financial Group, Inc. (a)(b).................. 1,279 1,343 Kearny Financial Corp. ................................ 363 3,804 Meridian Interstate Bancorp, Inc. (a).................. 241 2,029 MGIC Investment Corp. (b).............................. 2,020 2,868 NewAlliance Bancshares, Inc. (b)....................... 1,842 21,625 Northwest Bancorp, Inc. (b)............................ 321 5,425 Ocwen Financial Corp. (a).............................. 655 7,487 Oritani Financial Corp. (a)(b)......................... 157 2,198 Provident Financial Services, Inc. (b)................. 1,055 11,405 Provident New York Bancorp............................. 610 5,215 Radian Group, Inc. (b)................................. 1,409 2,564 Rockville Financial, Inc. ............................. 195 1,774 Roma Financial Corp. (b)............................... 130 1,683 The PMI Group, Inc. (b)................................ 1,266 785 TrustCo Bank Corp. NY (b).............................. 1,467 8,831 United Financial Bancorp, Inc. ........................ 168 2,199 ViewPoint Financial Group.............................. 186 2,238 Washington Federal, Inc. (b)........................... 1,624 21,583 Waterstone Financial, Inc. (a)(b)...................... 148 302 Westfield Financial, Inc. ............................. 587 5,166 WSFS Financial Corp. (b)............................... 100 2,236 ----------- 230,488 ----------- TOBACCO -- 0.2% Alliance One International, Inc. (a)................... 1,468 5,637 Star Scientific, Inc. (a).............................. 1,361 5,825 Universal Corp. (b).................................... 473 14,152 Vector Group, Ltd. (b)................................. 655 8,509 ----------- 34,123 ----------- TRADING COMPANIES & DISTRIBUTORS -- 0.7% Aceto Corp. ........................................... 509 3,034 Aircastle, Ltd. (b).................................... 729 3,390 Applied Industrial Technologies, Inc. (b).............. 726 12,248 Beacon Roofing Supply, Inc. (a)(b)..................... 845 11,315 GATX Corp. (b)......................................... 797 16,123 H&E Equipment Services, Inc. (a)(b).................... 616 4,035 Interline Brands, Inc. (a)............................. 522 4,400
58 SPDR DOW JONES SMALL CAP ETF (FORMERLY SPDR DJ WILSHIRE SMALL CAP ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ----------- Kaman Corp. ........................................... 407 $ 5,104 Lawson Products, Inc. (b).............................. 68 828 RSC Holdings, Inc. (a)(b).............................. 802 4,218 Rush Enterprises, Inc. (Class A) (a)................... 532 4,745 TAL International Group, Inc. (b)...................... 178 1,303 Textainer Group Holdings, Ltd. (b)..................... 297 2,005 Titan Machinery, Inc. (a).............................. 293 2,634 United Rentals, Inc. (a)(b)............................ 830 3,494 Watsco, Inc. (b)....................................... 463 15,756 WESCO International, Inc. (a)(b)....................... 787 14,260 ----------- 108,892 ----------- TRANSPORTATION INFRASTRUCTURE -- 0.0% (d) Macquarie Infrastructure Co. LLC (b)................... 736 1,016 ----------- WATER UTILITIES -- 0.3% American States Water Co. (b).......................... 293 10,642 California Water Service Group......................... 359 15,028 Connecticut Water Service, Inc. (b).................... 171 3,468 Middlesex Water Co. ................................... 255 3,672 SJW Corp. ............................................. 208 5,289 ----------- 38,099 ----------- WIRELESS TELECOMMUNICATION SERVICES -- 0.2% Centennial Cellular Corp. (Class A) (a)................ 1,269 10,482 ICO Global Communications Holdings, Ltd. (a)(b)........ 1,802 631 iPCS, Inc. (a)......................................... 253 2,456 Syniverse Holdings, Inc. (a)(b)........................ 1,263 19,905 USA Mobility, Inc. (b)................................. 368 3,389 ----------- 36,863 ----------- TOTAL COMMON STOCKS -- (Cost $23,632,524)................................... 14,722,641 ----------- WARRANTS -- 0.0% (d) COMMUNICATIONS EQUIPMENT -- 0.0% (d) Pegasus Wireless Corp. (expiring 12/18/09) (a)(c) (Cost $0)............................................ 97 0 ----------- RIGHTS -- 0.0% (d) INSURANCE -- 0.0% (d) United America Industry, Ltd. (expiring 4/6/09) (a) (Cost $0)............................................ 284 133 ----------- SHORT TERM INVESTMENTS -- 29.5% MONEY MARKET FUNDS -- 29.5% State Street Navigator Securities Lending Prime Portfolio (e)(f)....................... 4,238,413 4,238,413 STIC Prime Portfolio................................... 108,986 108,986 ----------- TOTAL SHORT TERM INVESTMENTS -- (Cost $4,347,399).................................... 4,347,399 ----------- TOTAL INVESTMENTS -- 129.2% (Cost $27,979,923)......... 19,070,173 OTHER ASSETS AND LIABILITIES -- (29.2)%............................... (4,307,358) ----------- NET ASSETS -- 100.0%................................... $14,762,815 ===========
(a) Non-income producing security. (b) Security, or portion thereof, was on loan at March 31, 2009. (c) Security is valued at fair value as determined in good faith by Trust's Pricing and Investment Committee in accordance with procedures approved by the Board of Trustees. (d) Amount represents less than 0.05% of net assets. (e) Investments of cash collateral for securities loaned. (f) Affiliated Fund managed by SSgA Funds Management, Inc. 59 SPDR DOW JONES SMALL CAP GROWTH ETF (FORMERLY SPDR DJ WILSHIRE SMALL CAP GROWTH ETF) SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) ----------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- ---------- ------------ COMMON STOCKS -- 99.4% AEROSPACE & DEFENSE -- 2.2% AAR Corp. (a)(b).......................................... 5,911 $ 74,124 Aerovironment, Inc. (a)................................... 2,101 43,911 American Science & Engineering, Inc. ..................... 1,516 84,593 Argon ST, Inc. (a)(b)..................................... 2,031 38,528 Axsys Technologies, Inc. (a)(b)........................... 1,360 57,174 BE Aerospace, Inc. (a)(b)................................. 16,588 143,818 Ceradyne, Inc. (a)(b)..................................... 4,472 81,077 DynCorp International, Inc. (a)(b)........................ 3,868 51,560 HEICO Corp. (Class A)..................................... 3,400 70,142 Hexcel Corp. (a).......................................... 14,483 95,153 Ladish Co., Inc. (a)(b)................................... 2,236 16,233 Moog, Inc. (Class A) (a).................................. 6,409 146,574 Orbital Sciences Corp. (a)(b)............................. 9,740 115,809 Stanley, Inc. (a)......................................... 2,622 66,573 Taser International, Inc. (a)(b).......................... 8,869 41,507 Teledyne Technologies, Inc. (a)(b)........................ 5,559 148,314 TransDigm Group, Inc. (a)(b).............................. 6,082 199,733 ------------ 1,474,823 ------------ AIR FREIGHT & LOGISTICS -- 0.6% Atlas Air Worldwide Holdings, Inc. (a)(b)................. 1,985 34,440 Forward Air Corp. (b)..................................... 4,364 70,828 HUB Group, Inc. (Class A) (a)............................. 6,284 106,828 UTI Worldwide, Inc. (b)................................... 14,992 179,154 ------------ 391,250 ------------ AIRLINES -- 0.8% AirTran Holdings, Inc. (a)(b)............................. 20,315 92,433 Allegiant Travel Co. (a)(b)............................... 2,291 104,149 Hawaiian Holdings, Inc. (a)(b)............................ 7,457 27,815 JetBlue Airways Corp. (a)(b).............................. 30,742 112,208 Republic Airways Holdings, Inc. (a)(b).................... 5,094 33,009 SkyWest, Inc. ............................................ 9,564 118,976 US Airways Group, Inc. (a)(b)............................. 15,649 39,592 ------------ 528,182 ------------ AUTO COMPONENTS -- 0.5% Drew Industries, Inc. (a)(b).............................. 2,918 25,328 Exide Technologies (a)(b)................................. 7,483 22,449 Fuel Systems Solutions, Inc. (a)(b)....................... 1,738 23,428 Gentex Corp. (b).......................................... 23,073 229,807 Raser Technologies, Inc. (a)(b)........................... 6,500 27,235 ------------ 328,247 ------------ AUTOMOBILES -- 0.1% Thor Industries, Inc. (b)................................. 6,431 100,452 ------------ BEVERAGES -- 0.0% (c) Boston Beer Co., Inc. (a)(b).............................. 1,427 29,767 ------------ BIOTECHNOLOGY -- 5.4% Acorda Therapeutics, Inc. (a)(b).......................... 6,312 125,041 Affymax, Inc. (a)(b)...................................... 1,028 16,561 Alkermes, Inc. (a)(b)..................................... 15,749 191,035 Allos Therapeutics, Inc. (a)(b)........................... 9,940 61,429 Alnylam Pharmaceuticals, Inc. (a)(b)...................... 5,515 105,006 Amicus Therapeutics, Inc. (a)............................. 1,600 14,608 Arena Pharmaceuticals, Inc. (a)(b)........................ 10,945 32,944 Ariad Pharmaceuticals, Inc. (a)(b)........................ 16,530 19,671 Array BioPharma, Inc. (a)(b).............................. 8,800 23,232 Celera Corp. (a)(b)....................................... 13,550 103,386 Cepheid, Inc. (a)(b)...................................... 9,861 68,041 Cubist Pharmaceuticals, Inc. (a).......................... 9,573 156,614 CV Therapeutics, Inc. (a)(b).............................. 9,388 186,633 Emergent Biosolutions, Inc. (a)(b)........................ 2,500 33,775 Enzon Pharmaceuticals, Inc. (a)(b)........................ 5,709 34,654 Facet Biotech Corp. (a)(b)................................ 3,592 34,124 Genomic Health, Inc. (a).................................. 2,422 59,048 Geron Corp. (a)(b)........................................ 14,846 66,362 GTx, Inc. (a)(b).......................................... 2,662 28,164 Halozyme Therapeutics, Inc. (a)(b)........................ 9,967 54,420 Human Genome Sciences, Inc. (a)(b)........................ 19,865 16,488 Idenix Pharmaceuticals, Inc. (a)(b)....................... 3,085 9,502 Immunogen, Inc. (a)(b).................................... 8,800 62,480 Incyte Corp. (a)(b)....................................... 15,588 36,476 InterMune, Inc. (a)(b).................................... 5,718 94,004 Isis Pharmaceuticals, Inc. (a)(b)......................... 14,924 224,009 Lexicon Genetics, Inc. (a)(b)............................. 13,607 14,832 Ligand Pharmaceuticals, Inc. (Class B) (a)(b)............. 18,205 54,251 MannKind Corp. (a)(b)..................................... 8,100 28,188 Martek Biosciences Corp. (b).............................. 5,542 101,141 Maxygen, Inc. (a)(b)...................................... 4,388 29,838 Medarex, Inc. (a)(b)...................................... 19,783 101,487 Metabolix, Inc. (a)(b).................................... 3,500 23,870 Micromet, Inc. (a)........................................ 8,900 28,124 Momenta Pharmaceuticals, Inc. (a)(b)...................... 4,736 52,143 Neurocrine Biosciences, Inc. (a)(b)....................... 6,616 23,487 NPS Pharmaceuticals, Inc. (a)............................. 8,400 35,280 Onyx Pharmaceuticals, Inc. (a)(b)......................... 9,143 261,033 Opko Health, Inc. (a)(b).................................. 16,097 15,775 Orexigen Therapeutics, Inc. (a)(b)........................ 4,800 12,528 Osiris Therapeutics, Inc. (a)(b).......................... 2,720 37,536 PDL BioPharma, Inc. (b)................................... 19,972 141,402 Pharmasset, Inc. (a)(b)................................... 3,871 37,975 Progenics Pharmaceuticals, Inc. (a)(b).................... 4,123 27,171 Regeneron Pharmaceuticals, Inc. (a)(b).................... 10,300 142,758 Rigel Pharmaceuticals, Inc. (a)(b)........................ 5,452 33,475 Sangamo Biosciences, Inc. (a)(b).......................... 5,608 23,722 Savient Pharmaceuticals, Inc. (a)(b)...................... 7,935 39,278 Seattle Genetics, Inc. (a)(b)............................. 10,227 100,838 SIGA Technologies, Inc. (a)............................... 5,100 25,857 Synta Pharmaceuticals Corp. (a)(b)........................ 4,800 10,272 Theravance, Inc. (a)(b)................................... 8,691 147,747 United Therapeutics Corp. (a)(b).......................... 3,849 254,380 Zymogenetics, Inc. (a)(b)................................. 5,948 23,733 ------------ 3,685,828 ------------ BUILDING PRODUCTS -- 0.3% AAON, Inc. ............................................... 2,500 45,300 Quanex Building Products Corp. (b)........................ 5,567 42,309 Simpson Manufacturing Co., Inc. (b)....................... 6,279 113,148 ------------ 200,757 ------------ CAPITAL MARKETS -- 1.7% Calamos Asset Management, Inc. (Class A) (b).............. 2,970 14,286 E*TRADE Financial Corp. (a)(b)............................ 74,755 95,686 GFI Group, Inc. (b)....................................... 9,387 30,132 Greenhill & Co., Inc. (b)................................. 1,973 145,706 KBW, Inc. (a)(b).......................................... 5,577 113,492 Knight Capital Group, Inc. (Class A) (a)(b)............... 14,945 220,289 MF Global, Ltd. (a)(b).................................... 14,711 62,228
60 SPDR DOW JONES SMALL CAP GROWTH ETF (FORMERLY SPDR DJ WILSHIRE SMALL CAP GROWTH ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- ---------- ------------ optionsXpress Holdings, Inc. (b).......................... 7,922 $ 90,073 Penson Worldwide, Inc. (a)(b)............................. 3,123 20,081 Pzena Investment Management, Inc. (Class A)............... 875 1,671 Riskmetrics Group, Inc. (a)(b)............................ 4,619 66,006 Stifel Financial Corp. (a)(b)............................. 4,300 186,233 thinkorswim Group, Inc. (a)(b)............................ 7,192 62,139 TradeStation Group, Inc. (a)(b)........................... 5,045 33,297 Westwood Holdings Group, Inc. ............................ 1,100 42,999 ------------ 1,184,318 ------------ CHEMICALS -- 1.1% American Vanguard Corp. .................................. 2,878 37,126 Balchem Corp. (b)......................................... 2,723 68,429 Calgon Carbon Corp. (a)(b)................................ 9,064 128,437 Huntsman Corp. (b)........................................ 27,700 86,701 LSB Industries, Inc. (a)(b)............................... 2,191 21,669 Nalco Holding Co. ........................................ 22,664 296,219 PolyOne Corp. (a)(b)...................................... 13,066 30,182 Rockwood Holdings, Inc. (a)............................... 6,882 54,643 Zoltek Cos., Inc. (a)(b).................................. 4,215 28,704 ------------ 752,110 ------------ COMMERCIAL BANKS -- 0.9% Bank of the Ozarks, Inc. (b).............................. 1,896 43,760 CoBiz, Inc. (b)........................................... 3,014 15,824 East West Bancorp, Inc. (b)............................... 9,368 42,812 Nara Bancorp, Inc. (b).................................... 3,486 10,249 Pinnacle Financial Partners, Inc. (a)(b).................. 3,964 93,986 PrivateBancorp, Inc. (b).................................. 4,683 67,716 Signature Bank (a)(b)..................................... 5,842 164,920 Texas Capital Bancshares, Inc. (a)(b)..................... 4,555 51,289 TowneBank (b)............................................. 4,200 68,586 UCBH Holdings, Inc. (b)................................... 16,867 25,469 Western Alliance Bancorp (a)(b)........................... 3,954 18,030 ------------ 602,641 ------------ COMMERCIAL SERVICES & SUPPLIES -- 2.0% American Ecology Corp. ................................... 2,355 32,829 American Reprographics Co. (a)............................ 5,477 19,388 Cenveo, Inc. (a)(b)....................................... 7,035 22,864 Clean Harbors, Inc. (a)(b)................................ 3,319 159,312 EnergySolutions, Inc. .................................... 11,500 99,475 EnerNOC, Inc. (a)(b)...................................... 1,703 24,762 Fuel Tech, Inc. (a)(b).................................... 2,850 29,811 GeoEye, Inc. (a)(b)....................................... 3,116 61,541 Healthcare Services Group, Inc. (b)....................... 5,863 87,769 Innerworkings, Inc. (a)(b)................................ 3,921 16,743 Interface, Inc. (Class A) (b)............................. 8,002 23,926 Knoll, Inc. (b)........................................... 7,230 44,320 M&F Worldwide Corp. (a)(b)................................ 1,940 22,717 Metalico, Inc. (a)(b)..................................... 3,964 6,739 Mobile Mini, Inc. (a)(b).................................. 5,255 60,537 Rollins, Inc. ............................................ 8,570 146,975 Schawk, Inc. (b).......................................... 1,943 11,736 Standard Parking Corp. (a)(b)............................. 1,349 22,124 Sykes Enterprises, Inc. (a)............................... 5,584 92,862 Team, Inc. (a)(b)......................................... 2,740 32,113 Tetra Tech, Inc. (a)...................................... 9,865 201,049 The Geo Group, Inc. (a)................................... 8,529 113,009 ------------ 1,332,601 ------------ COMMUNICATIONS EQUIPMENT -- 5.5% Acme Packet, Inc. (a)(b).................................. 4,688 28,456 ADC Telecommunications, Inc. (a)(b)....................... 17,704 77,721 Adtran, Inc. (b).......................................... 10,299 166,947 Airvana, Inc. (a)(b)...................................... 4,960 29,016 Anaren, Inc. (a).......................................... 2,700 29,538 Arris Group, Inc. (a)(b).................................. 20,413 150,444 Aruba Networks, Inc. (a)(b)............................... 8,966 28,153 Bel Fuse, Inc. (Class B).................................. 2,000 26,880 BigBand Networks, Inc. (a)................................ 6,789 44,468 Blue Coat Systems, Inc. (a)............................... 5,706 68,529 Brocade Communications Systems, Inc. (a)(b)............... 64,086 221,097 CIENA Corp. (a)(b)........................................ 15,110 117,556 CommScope, Inc. (a)(b).................................... 11,715 133,082 Comtech Telecommunications Corp. (a)...................... 4,158 102,994 DG Fastchannel, Inc. (a).................................. 2,900 54,433 Digi International, Inc. (a).............................. 4,500 34,515 Emulex Corp. (a).......................................... 14,000 70,420 Extreme Networks, Inc. (a)(b)............................. 16,498 25,077 F5 Networks, Inc. (a)(b).................................. 13,178 276,079 Finisar Corp. (a)(b)...................................... 60,414 26,582 Harmonic, Inc. (a)(b)..................................... 14,867 96,635 Harris Stratex Networks, Inc. (a)(b)...................... 4,067 15,658 Hughes Communications, Inc. (a)(b)........................ 1,238 14,893 Infinera Corp. (a)(b)..................................... 15,657 115,862 InterDigital, Inc. (a).................................... 7,176 185,284 Ixia (a)(b)............................................... 4,821 24,925 JDS Uniphase Corp. (a).................................... 35,900 116,675 Netgear, Inc. (a)(b)...................................... 5,284 63,672 Neutral Tandem, Inc. (a)(b)............................... 3,469 85,372 OpNext, Inc. (a)(b)....................................... 9,617 16,445 Palm, Inc. (a)(b)......................................... 20,574 177,348 Polycom, Inc. (a)(b)...................................... 13,808 212,505 Riverbed Technology, Inc. (a)(b).......................... 9,385 122,756 SeaChange International, Inc. (a)......................... 5,200 29,744 ShoreTel, Inc. (a)(b)..................................... 2,575 11,098 Sonus Networks, Inc. (a)(b)............................... 35,157 55,196 Starent Networks Corp. (a)(b)............................. 5,486 86,734 Sycamore Networks, Inc. (a)(b)............................ 32,343 86,356 Tekelec (a)(b)............................................ 9,615 127,206 Tellabs, Inc. (a)......................................... 60,100 275,258 Utstarcom, Inc. (a)(b).................................... 13,925 10,862 ViaSat, Inc. (a)(b)....................................... 5,194 108,139 ------------ 3,750,610 ------------ COMPUTERS & PERIPHERALS -- 1.0% 3PAR, Inc. (a)(b)......................................... 4,780 31,405 Data Domain, Inc. (a)(b).................................. 6,254 78,613 Hypercom Corp. (a)........................................ 6,792 6,520 Intermec, Inc. (a)(b)..................................... 7,320 76,128 Isilon Systems, Inc. (a)(b)............................... 3,388 7,454 Novatel Wireless, Inc. (a)(b)............................. 4,597 25,835 QLogic Corp. (a)(b)....................................... 20,063 223,100 Quantum Corp. (a)(b)...................................... 30,886 20,694 Rackable Systems, Inc. (a)(b)............................. 4,397 17,852 STEC, Inc. (a)(b)......................................... 3,840 28,301 Stratasys, Inc. (a)(b).................................... 2,986 24,694 Synaptics, Inc. (a)(b).................................... 5,624 150,498 ------------ 691,094 ------------
61 SPDR DOW JONES SMALL CAP GROWTH ETF (FORMERLY SPDR DJ WILSHIRE SMALL CAP GROWTH ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- ---------- ------------ CONSTRUCTION & ENGINEERING -- 0.6% Dycom Industries, Inc. (a)................................ 6,049 $ 35,024 Furmanite Corp. (a)(b).................................... 5,453 16,959 Great Lakes Dredge & Dock Corp. (b)....................... 6,559 19,742 Layne Christensen Co. (a)(b).............................. 3,272 52,581 Mastec, Inc. (a)(b)....................................... 8,187 98,981 MYR Group Inc. (a)........................................ 3,200 48,800 Orion Marine Group, Inc. (a).............................. 3,800 49,780 Perini Corp. (a)(b)....................................... 4,226 51,980 Pike Electric Corp. (a)(b)................................ 2,636 24,383 Sterling Construction Co, Inc. (a)........................ 2,300 41,032 ------------ 439,262 ------------ CONSTRUCTION MATERIALS -- 0.3% Eagle Materials, Inc. (b)................................. 7,189 174,333 ------------ CONSUMER FINANCE -- 0.5% AmeriCredit Corp. (a)(b).................................. 10,328 60,522 Cash America International, Inc. ......................... 4,395 68,826 CompuCredit Corp. (a)(b).................................. 4,306 10,550 Credit Acceptance Corp. (a)(b)............................ 1,077 23,145 Ezcorp, Inc. (a).......................................... 7,552 87,376 First Cash Financial Services, Inc. (a)(b)................ 3,760 56,099 Nelnet, Inc. (a)(b)....................................... 4,152 36,704 ------------ 343,222 ------------ CONTAINERS & PACKAGING -- 0.0% (c) Graphic Packaging Holding Co. (a)(b)...................... 11,757 10,229 ------------ DISTRIBUTORS -- 0.5% LKQ Corp. (a)(b).......................................... 22,988 328,039 ------------ DIVERSIFIED CONSUMER SERVICES -- 2.1% American Public Education, Inc. (a)....................... 2,030 85,382 Brink's Home Security Holdings, Inc. (a).................. 7,165 161,929 Capella Education Co. (a)(b).............................. 2,444 129,532 Coinstar, Inc. (a)(b)..................................... 4,134 135,430 Corinthian Colleges, Inc. (a)(b).......................... 12,688 246,782 Grand Canyon Education, Inc. (b).......................... 1,740 30,032 Hillenbrand, Inc. (b)..................................... 10,287 164,695 K12, Inc. (a)(b).......................................... 3,100 43,090 Lincoln Educational Services Corp. (a)(b)................. 1,572 28,799 Matthews International Corp. (Class A) (b)................ 5,163 148,746 Pre-Paid Legal Services, Inc. (a)(b)...................... 1,184 34,371 Sotheby's (b)............................................. 11,352 102,168 Steiner Leisure, Ltd. (a)(b).............................. 2,186 53,360 Universal Technical Institute, Inc. (a)(b)................ 3,349 40,188 ------------ 1,404,504 ------------ DIVERSIFIED FINANCIAL SERVICES -- 0.7% Asset Acceptance Capital Corp. (a)(b)..................... 2,194 11,650 Interactive Brokers Group, Inc. (Class A) (a)............. 6,800 109,684 Life Partners Holdings, Inc. (b).......................... 1,300 22,178 MarketAxess Holdings, Inc. (a)(b)......................... 4,127 31,530 MSCI, Inc. (Class A) (a)(b)............................... 11,618 196,460 NewStar Financial, Inc. (a)(b)............................ 3,466 8,041 Portfolio Recovery Associates, Inc. (a)(b)................ 2,416 64,846 ------------ 444,389 ------------ DIVERSIFIED TELECOMMUNICATION SERVICES -- 1.0% Alaska Communications Systems Group, Inc. (b)............. 7,600 50,920 Cbeyond, Inc. (a)(b)...................................... 3,678 69,257 General Communication, Inc. (Class A) (a)(b).............. 5,978 39,933 Global Crossing, Ltd. (a)(b).............................. 3,992 27,944 NTELOS Holdings Corp. .................................... 4,881 88,541 PAETEC Holding Corp. (a)(b)............................... 18,322 26,384 Premiere Global Services, Inc. (a)........................ 9,602 84,689 Shenandoah Telecommunications Co. (b)..................... 3,980 90,744 tw telecom, inc. (a)(b)................................... 24,425 213,719 ------------ 692,131 ------------ ELECTRICAL EQUIPMENT -- 1.4% Advanced Battery Technologies, Inc. (a)(b)................ 8,292 17,745 American Superconductor Corp. (a)(b)...................... 6,747 116,791 AZZ, Inc. (a)(b).......................................... 1,850 48,822 Encore Wire Corp. (b)..................................... 3,247 69,583 Energy Conversion Devices, Inc. (a)(b).................... 7,650 101,515 EnerSys (a)(b)............................................ 7,023 85,119 Evergreen Solar, Inc. (a)(b).............................. 22,871 48,715 FuelCell Energy, Inc. (a)(b).............................. 9,369 22,486 General Cable Corp. (a)(b)................................ 8,810 174,614 GT Solar International, Inc. (a).......................... 4,677 31,055 II-VI, Inc. (a)(b)........................................ 4,029 69,218 Orion Energy Systems, Inc. (a)............................ 3,243 14,302 Plug Power, Inc. (a)(b)................................... 11,065 9,627 Polypore International, Inc. (a)(b)....................... 2,844 11,433 Power-One, Inc. (a)(b).................................... 13,472 11,855 Valence Technology, Inc. (a)(b)........................... 9,182 19,558 Vicor Corp. .............................................. 2,832 13,848 Woodward Governor Co. .................................... 9,652 107,909 ------------ 974,195 ------------ ELECTRONIC EQUIPMENT & INSTRUMENTS -- 2.3% Benchmark Electronics, Inc. (a)........................... 10,871 121,755 Brightpoint, Inc. (a)(b).................................. 8,011 34,287 Cogent, Inc. (a)(b)....................................... 6,467 76,957 Cognex Corp. ............................................. 5,552 74,119 CTS Corp. (b)............................................. 4,722 17,046 Daktronics, Inc. (b)...................................... 5,724 37,492 DTS Inc. (a)(b)........................................... 2,717 65,371 Echelon Corp. (a)(b)...................................... 4,969 40,199 Electro Scientific Industries, Inc. (a)................... 3,843 22,751 FARO Technologies, Inc. (a)............................... 2,242 30,133 ICx Technologies, Inc. (a)(b)............................. 2,084 8,440 Insight Enterprises, Inc. (a)(b).......................... 6,872 21,028 IPG Photonics Corp. (a)(b)................................ 3,284 27,651 Jabil Circuit, Inc. ...................................... 33,000 183,480 L-1 Identity Solutions, Inc. (a)(b)....................... 13,696 69,987 MTS Systems Corp. ........................................ 2,590 58,923 Multi-Fineline Electronix, Inc. (a)(b).................... 1,592 26,809 National Instruments Corp. (b)............................ 9,418 175,646 Newport Corp. (a)(b)...................................... 5,328 23,550 OSI Systems, Inc. (a)..................................... 2,467 37,647 Plexus Corp. (a).......................................... 6,659 92,027 Rofin-Sinar Technologies, Inc. (a)(b)..................... 4,899 78,972 Rogers Corp. (a)(b)....................................... 2,732 51,580 Sanmina-SCI Corp. (a)..................................... 78,573 23,965 Scansource, Inc. (a)(b)................................... 4,464 82,941
62 SPDR DOW JONES SMALL CAP GROWTH ETF (FORMERLY SPDR DJ WILSHIRE SMALL CAP GROWTH ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- ---------- ------------ Smart Modular Technologies (WWH), Inc. (a)(b)............. 4,960 $ 6,845 TTM Technologies, Inc. (a)(b)............................. 6,358 36,876 Universal Display Corp. (a)(b)............................ 4,516 41,412 ------------ 1,567,889 ------------ ENERGY EQUIPMENT & SERVICES -- 3.4% Allis-Chalmers Energy, Inc. (a)(b)........................ 4,236 8,175 Atwood Oceanics, Inc. (a)(b).............................. 9,127 151,417 Basic Energy Services, Inc. (a)(b)........................ 3,687 23,855 Bronco Drilling Co., Inc. (a)(b).......................... 4,307 22,655 Cal Dive International, Inc. (a)(b)....................... 6,167 41,751 CARBO Ceramics, Inc. (b).................................. 3,570 101,531 Complete Production Services, Inc. (a)(b)................. 7,389 22,758 Dawson Geophysical Co. (a)(b)............................. 1,107 14,944 Dresser-Rand Group, Inc. (a).............................. 13,488 298,085 Dril-Quip, Inc. (a)(b).................................... 5,038 154,667 ENGlobal Corp. (a)(b)..................................... 2,752 12,494 Exterran Partners LP...................................... 1,570 18,683 Global Industries, Ltd. (a)(b)............................ 17,450 67,008 Helix Energy Solutions Group, Inc. (a)(b)................. 12,590 64,713 Hercules Offshore, Inc. (a)(b)............................ 12,967 20,488 Hornbeck Offshore Services, Inc. (a)...................... 3,509 53,477 ION Geophysical Corp. (a)(b).............................. 14,281 22,278 Key Energy Services, Inc. (a)............................. 18,059 52,010 Lufkin Industries, Inc. (b)............................... 2,522 95,533 Matrix Service Co. (a)(b)................................. 4,607 37,870 NATCO Group, Inc. (a)(b).................................. 3,030 57,358 Newpark Resources, Inc. (a)............................... 12,902 32,642 Oceaneering International, Inc. (a)(b).................... 9,113 335,996 Oil States International, Inc. (a)(b)..................... 8,274 111,037 Parker Drilling Co. (a)(b)................................ 16,922 31,136 Pioneer Drilling Co. (a).................................. 7,374 24,187 RPC, Inc. (b)............................................. 4,685 31,062 Superior Energy Services, Inc. (a)(b)..................... 12,800 164,992 Superior Well Services, Inc. (a)(b)....................... 2,177 11,168 T-3 Energy Services, Inc. (a)(b).......................... 1,766 20,803 Tesco Corp. (a)(b)........................................ 4,668 36,504 Tetra Technologies, Inc. (a)(b)........................... 11,201 36,403 Unit Corp. (a)(b)......................................... 7,862 164,473 ------------ 2,342,153 ------------ FOOD & STAPLES RETAILING -- 0.6% Arden Group, Inc. (Class A) (b)........................... 187 21,849 Great Atlantic & Pacific Tea Co. (a)(b)................... 5,311 28,201 Pantry, Inc. (a)(b)....................................... 3,326 58,571 Pricesmart, Inc. (b)...................................... 2,232 40,198 Rite Aid Corp. (a)(b)..................................... 89,277 32,140 Spartan Stores, Inc. (b).................................. 3,294 50,761 Susser Holdings Corp. (a)................................. 1,900 25,536 United Natural Foods, Inc. (a)(b)......................... 6,596 125,126 ------------ 382,382 ------------ FOOD PRODUCTS -- 0.9% Calavo Growers, Inc. (b).................................. 2,100 25,242 Darling International, Inc. (a)........................... 12,743 47,277 Diamond Foods, Inc. (b)................................... 2,800 78,204 Green Mountain Coffee Roasters, Inc. (a)(b)............... 3,142 150,816 J&J Snack Foods Corp. .................................... 2,090 72,293 Smart Balance, Inc. (a)(b)................................ 10,800 65,232 TreeHouse Foods, Inc. (a)(b).............................. 5,200 149,708 ------------ 588,772 ------------ GAS UTILITIES -- 0.1% Spectra Energy Partners LP (b)............................ 2,682 58,575 ------------ HEALTH CARE EQUIPMENT & SUPPLIES -- 4.2% Abaxis, Inc. (a)(b)....................................... 3,682 63,478 ABIOMED, Inc. (a)(b)...................................... 5,074 24,863 Accuray, Inc. (a)(b)...................................... 6,637 33,384 Align Technology, Inc. (a)(b)............................. 10,130 80,331 American Medical Systems Holdings, Inc. (a)(b)............ 12,074 134,625 AngioDynamics, Inc. (a)(b)................................ 4,000 44,960 Cantel Medical Corp. (a).................................. 2,300 29,601 Conceptus, Inc. (a)(b).................................... 3,317 38,975 CryoLife, Inc. (a)........................................ 3,839 19,886 Cyberonics, Inc. (a)(b)................................... 3,639 48,289 ev3, Inc. (a)(b).......................................... 9,972 70,801 Greatbatch, Inc. (a)(b)................................... 3,917 75,794 Haemonetics Corp. (a)..................................... 4,161 229,188 I-Flow Corp. (a).......................................... 3,775 13,779 ICU Medical, Inc. (a)(b).................................. 2,286 73,426 Insulet Corp. (a)(b)...................................... 3,147 12,903 Integra LifeSciences Holdings Corp. (a)................... 3,495 86,431 IRIS International, Inc. (a).............................. 3,300 38,049 Kensey Nash Corp. (a)..................................... 1,302 27,693 MAKO Surgical Corp. (a)................................... 3,300 25,377 Masimo Corp. (a)(b)....................................... 7,908 229,174 Meridian Bioscience, Inc. (b)............................. 6,765 122,582 Merit Medical Systems, Inc. (a)(b)........................ 4,176 50,989 Natus Medical, Inc. (a)(b)................................ 4,087 34,780 Neogen Corp. (a).......................................... 2,600 56,758 NuVasive, Inc. (a)(b)..................................... 5,953 186,805 OraSure Technologies, Inc. (a)(b)......................... 6,317 15,982 Orthovita, Inc. (a)....................................... 13,500 36,180 Palomar Medical Technologies, Inc. (a)(b)................. 2,581 18,738 Quidel Corp. (a)(b)....................................... 4,240 39,093 RTI Biologics, Inc. (a)................................... 7,283 20,756 Sirona Dental Systems, Inc. (a)(b)........................ 2,662 38,120 SonoSite, Inc. (a)........................................ 2,526 45,165 SurModics, Inc. (a)(b).................................... 2,343 42,760 Symmetry Medical, Inc. (a)................................ 4,841 30,547 Synovis Life Technologies, Inc. (a)....................... 2,100 29,064 Thoratec Corp. (a)(b)..................................... 8,393 215,616 TomoTherapy, Inc. (a)(b).................................. 6,677 17,694 Trans1, Inc. (a)(b)....................................... 1,488 9,062 Vnus Medical Technologies (a)............................. 2,300 48,921 Volcano Corp. (a)(b)...................................... 6,865 99,886 West Pharmaceutical Services, Inc. (b).................... 5,362 175,927 Wright Medical Group, Inc. (a)(b)......................... 6,443 83,952 Zoll Medical Corp. (a)(b)................................. 3,646 52,357 ------------ 2,872,741 ------------ HEALTH CARE PROVIDERS & SERVICES -- 4.6% Air Methods Corp. (a)(b).................................. 1,599 27,039 Alliance Imaging, Inc. (a)(b)............................. 4,285 29,138 Almost Family, Inc. (a)(b)................................ 1,400 26,726 Amedisys, Inc. (a)(b)..................................... 4,436 121,946 AMERIGROUP Corp. (a)(b)................................... 8,764 241,361 AMN Healthcare Services, Inc. (a)......................... 4,802 24,490
63 SPDR DOW JONES SMALL CAP GROWTH ETF (FORMERLY SPDR DJ WILSHIRE SMALL CAP GROWTH ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- ---------- ------------ AmSurg Corp. (a)(b)....................................... 5,346 $ 84,734 Assisted Living Concepts, Inc. (Class A) (a).............. 1,579 21,411 athenahealth, Inc. (a)(b)................................. 3,352 80,817 Bio-Reference Laboratories, Inc. (a)...................... 2,100 43,911 CardioNet, Inc. (a)(b).................................... 3,894 109,266 Centene Corp. (a)(b)...................................... 7,168 129,167 Chemed Corp. (b).......................................... 3,754 146,031 Corvel Corp. (a)(b)....................................... 1,228 24,830 Emeritus Corp. (a)(b)..................................... 2,933 19,240 Genoptix, Inc. (a)........................................ 1,475 40,238 Gentiva Health Services, Inc. (a)(b)...................... 4,310 65,512 Health Management Associates, Inc. (Class A) (a)(b)....... 41,348 106,678 HealthExtras, Inc. (a)(b)................................. 5,789 114,738 Healthspring, Inc. (a)(b)................................. 9,035 75,623 Healthways, Inc. (a)(b)................................... 4,981 43,683 HMS Holdings Corp. (a)(b)................................. 4,216 138,706 inVentiv Health, Inc. (a)(b).............................. 4,840 39,494 IPC The Hospitalist Co. (a)(b)............................ 1,707 32,484 LHC Group, Inc. (a)(b).................................... 2,220 49,462 Molina Healthcare, Inc. (a)(b)............................ 1,974 37,546 MWI Veterinary Supply, Inc. (a)(b)........................ 1,637 46,622 Nighthawk Radiology Holdings, Inc. (a)(b)................. 3,168 8,554 Odyssey Healthcare, Inc. (a)(b)........................... 4,896 47,491 Pediatrix Medical Group, Inc. (a)......................... 7,591 223,707 PharMerica Corp. (a)(b)................................... 5,210 86,694 PSS World Medical, Inc. (a)(b)............................ 10,123 145,265 Psychiatric Solutions, Inc. (a)(b)........................ 8,686 136,631 Sun Healthcare Group, Inc. (a)............................ 7,449 62,870 The Ensign Group, Inc. (b)................................ 1,700 26,282 Triple-S Management Corp. (Class B) (a)................... 2,589 31,896 Universal American Financial Corp. (a)(b)................. 5,877 49,778 VCA Antech, Inc. (a)(b)................................... 13,964 314,888 Virtual Radiologic Corp. (a)(b)........................... 1,068 7,465 WellCare Health Plans, Inc. (a)........................... 6,333 71,246 ------------ 3,133,660 ------------ HEALTH CARE TECHNOLOGY -- 0.9% Allscripts-Misys Healthcare Solutions, Inc. (b)........... 10,073 103,651 Computer Programs and Systems, Inc. (b)................... 1,800 59,886 Eclipsys Corp. (a)(b)..................................... 9,170 92,984 HLTH Corp. (a)(b)......................................... 14,975 154,991 MedAssets, Inc. (a)(b).................................... 4,507 64,225 Omnicell, Inc. (a)........................................ 4,553 35,604 Phase Forward, Inc. (a)(b)................................ 7,205 92,152 ------------ 603,493 ------------ HOTELS, RESTAURANTS & LEISURE -- 3.7% Ambassadors Group, Inc. (b)............................... 2,888 23,451 Bally Technologies, Inc. (a)(b)........................... 9,039 166,498 BJ's Restaurants, Inc. (a)(b)............................. 2,920 40,617 Buffalo Wild Wings, Inc. (a)(b)........................... 2,591 94,779 California Pizza Kitchen, Inc. (a)(b)..................... 3,776 49,390 CEC Entertainment, Inc. (a)............................... 3,831 99,146 Chipotle Mexican Grill, Inc. (a)(b)....................... 5,264 349,424 Choice Hotels International, Inc. (b)..................... 5,599 144,566 CKE Restaurants, Inc. (b)................................. 7,692 64,613 Denny's Corp. (a)(b)...................................... 17,400 29,058 Interval Leisure Group, Inc. (a).......................... 5,927 31,413 Life Time Fitness, Inc. (a)(b)............................ 5,285 66,380 Morgans Hotel Group Co. (a)(b)............................ 4,430 13,777 Orient-Express Hotels, Ltd. (Class A) (b)................. 6,007 24,629 P F Chang's China Bistro, Inc. (a)(b)..................... 3,456 79,073 Panera Bread Co. (Class A) (a)(b)......................... 5,031 281,233 Papa John's International, Inc. (a)(b).................... 3,724 85,168 Peet's Coffee & Tea, Inc. (a)............................. 2,113 45,683 Red Robin Gourmet Burgers, Inc. (a)(b).................... 2,050 36,142 Scientific Games Corp. (Class A) (a)...................... 11,489 139,132 Shuffle Master, Inc. (a)(b)............................... 7,614 21,852 Sonic Corp. (a)(b)........................................ 10,305 103,256 Texas Roadhouse, Inc. (Class A) (a)(b).................... 8,788 83,750 The Cheesecake Factory, Inc. (a)(b)....................... 9,472 108,454 The Steak n Shake Co. (a)(b).............................. 4,251 32,180 WMS Industries, Inc. (a)(b)............................... 7,374 154,190 Wyndham Worldwide Corp. .................................. 29,900 125,580 ------------ 2,493,434 ------------ HOUSEHOLD DURABLES -- 0.4% iRobot Corp. (a)(b)....................................... 2,789 21,196 Jarden Corp. (a)(b)....................................... 11,571 146,605 Tempur-Pedic International, Inc. ......................... 12,007 87,651 ------------ 255,452 ------------ INDEPENDENT POWER PRODUCERS & ENERGY TRADERS -- 0.1% Ormat Technologies, Inc. (b).............................. 2,753 75,597 ------------ INDUSTRIAL CONGLOMERATES -- 0.2% Raven Industries, Inc. (b)................................ 2,738 56,896 Seaboard Corp. (b)........................................ 54 54,540 ------------ 111,436 ------------ INSURANCE -- 1.1% Amerisafe, Inc. (a)....................................... 3,300 50,556 Amtrust Financial Services, Inc. (b)...................... 7,100 67,805 Citizens, Inc. (a)........................................ 5,200 37,804 Crawford & Co. (a)(b)..................................... 3,719 24,991 Donegal Group, Inc. (b)................................... 1,975 30,356 eHealth, Inc. (a)......................................... 3,797 60,790 First Mercury Financial Corp. (a)......................... 2,800 40,432 Greenlight Capital Re, Ltd. (Class A) (a)(b).............. 5,100 81,447 Hilltop Holdings, Inc. (a)................................ 8,100 92,340 Meadowbrook Insurance Group, Inc. ........................ 10,100 61,610 Seabright Insurance Holdings (a).......................... 3,800 39,748 Tower Group, Inc. ........................................ 5,987 147,460 United America Indemnity, Ltd. (Class A) (a).............. 3,500 14,070 ------------ 749,409 ------------ INTERNET & CATALOG RETAIL -- 0.5% 1-800-FLOWERS.COM, Inc. (Class A) (a)(b).................. 3,152 6,525 Blue Nile, Inc. (a)(b).................................... 2,210 66,631 Gaiam, Inc. (Class A) (a)(b).............................. 2,113 6,931 HSN, Inc. (a)(b).......................................... 5,927 30,465 NutriSystem, Inc. (b)..................................... 4,155 59,292 Orbitz Worldwide, Inc. (a)(b)............................. 5,367 6,923
64 SPDR DOW JONES SMALL CAP GROWTH ETF (FORMERLY SPDR DJ WILSHIRE SMALL CAP GROWTH ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- ---------- ------------ Overstock.com, Inc. (a)................................... 2,268 $ 20,752 PetMed Express, Inc. (a).................................. 4,100 67,568 Shutterfly, Inc. (a)(b)................................... 3,370 31,577 Stamps.com, Inc. (a)...................................... 2,514 24,386 Ticketmaster (a).......................................... 5,941 21,922 ------------ 342,972 ------------ INTERNET SOFTWARE & SERVICES -- 3.3% Art Technology Group, Inc. (a)(b)......................... 19,305 49,228 Bankrate, Inc. (a)(b)..................................... 2,196 54,790 comScore, Inc. (a)(b)..................................... 2,524 30,515 Constant Contact, Inc. (a)(b)............................. 1,936 27,085 DealerTrack Holdings, Inc. (a)............................ 6,300 82,530 Dice Holdings, Inc. (a)(b)................................ 3,470 9,647 Digital River, Inc. (a)(b)................................ 6,154 183,512 DivX, Inc. (a)(b)......................................... 4,047 20,356 EarthLink, Inc. (a)(b).................................... 18,111 118,989 Equinix, Inc. (a)(b)...................................... 5,315 298,437 GSI Commerce, Inc. (a)(b)................................. 3,174 41,579 Infospace, Inc. (a)(b).................................... 5,280 27,456 Internap Network Services Corp. (a)(b).................... 7,058 18,986 Internet Brands, Inc. (a)(b).............................. 4,800 28,176 j2 Global Communications, Inc. (a)........................ 7,267 159,075 Limelight Networks, Inc. (a)(b)........................... 7,056 23,638 LoopNet, Inc. (a)(b)...................................... 5,552 33,756 Marchex, Inc. (Class B) (b)............................... 4,149 14,273 ModusLink Global Solutions, Inc. (a)(b)................... 7,267 18,822 Move, Inc. (a)(b)......................................... 24,929 36,147 NIC, Inc. ................................................ 5,830 30,316 Omniture, Inc. (a)(b)..................................... 11,943 157,528 Perficient, Inc. (a)...................................... 4,718 25,477 Rackspace Hosting, Inc. (a)(b)............................ 12,534 93,880 RealNetworks, Inc. (a)(b)................................. 13,556 31,585 S1 Corp. (a).............................................. 7,010 36,101 SAVVIS, Inc. (a).......................................... 5,593 34,621 SonicWALL, Inc. (a)....................................... 7,747 34,552 Switch & Data Facilities Co., Inc. (a)(b)................. 3,226 28,292 TechTarget, Inc. (a)(b)................................... 1,056 2,534 Terremark Worldwide, Inc. (a)(b).......................... 6,296 16,936 The Knot, Inc. (a)(b)..................................... 4,398 36,064 ValueClick, Inc. (a)...................................... 14,499 123,386 Vignette Corp. (a)(b)..................................... 3,745 25,017 VistaPrint, Ltd. (a)(b)................................... 6,213 170,795 Vocus, Inc. (a)(b)........................................ 2,831 37,624 WebMD Health Corp. (Class A) (a).......................... 1,182 26,359 Websense, Inc. (a)(b)..................................... 6,621 79,452 ------------ 2,267,516 ------------ IT SERVICES -- 2.5% Acxiom Corp. (b).......................................... 10,389 76,879 Cass Information Systems, Inc. ........................... 1,300 42,159 CIBER, Inc. (a)(b)........................................ 7,924 21,632 CyberSource Corp. (a)(b).................................. 11,530 170,759 Euronet Worldwide, Inc. (a)(b)............................ 8,047 105,094 ExlService Holdings, Inc. (a)(b).......................... 2,408 20,757 Forrester Research, Inc. (a)(b)........................... 2,321 47,720 Gartner, Inc. (a)(b)...................................... 10,697 117,774 Genpact, Ltd. (a)......................................... 9,044 80,130 Global Cash Access, Inc. (a)(b)........................... 8,303 31,717 Heartland Payment Systems, Inc. .......................... 4,357 28,800 iGate Corp. .............................................. 5,798 18,786 Integral Systems Inc. (a)................................. 2,595 22,317 Lionbridge Technologies, Inc. (a)......................... 7,712 7,558 NCI, Inc. (Class A) (a)(b)................................ 1,200 31,200 NeuStar, Inc. (Class A) (a)(b)............................ 13,062 218,788 Perot Systems Corp. (Class A) (a)......................... 14,348 184,802 RightNow Technologies, Inc. (a)........................... 3,700 28,009 Sapient Corp. (a)......................................... 15,307 68,422 SRA International, Inc. (a)(b)............................ 6,994 102,812 Syntel, Inc. (b).......................................... 3,814 78,492 TeleTech Holdings, Inc. (a)(b)............................ 5,765 62,781 TNS, Inc. (a)(b).......................................... 3,654 29,890 Wright Express Corp. (a)(b)............................... 6,529 118,958 ------------ 1,716,236 ------------ LEISURE EQUIPMENT & PRODUCTS -- 0.2% Marine Products Corp. (b)................................. 1,998 8,472 Pool Corp. (b)............................................ 7,978 106,905 Smith & Wesson Holding Corp. (a)(b)....................... 6,052 36,433 ------------ 151,810 ------------ LIFE SCIENCES TOOLS & SERVICES -- 1.4% Affymetrix, Inc. (a)...................................... 10,158 33,217 Albany Molecular Research, Inc. (a)(b).................... 3,229 30,449 Bruker Corp. (a)(b)....................................... 7,686 47,346 Clinical Data, Inc. (a)................................... 2,300 24,840 Dionex Corp. (a)(b)....................................... 2,770 130,883 Enzo Biochem, Inc. (a)(b)................................. 5,448 21,901 eResearch Technology, Inc. (a)............................ 6,270 32,980 Exelixis, Inc. (a)(b)..................................... 17,789 81,829 Kendle International, Inc. (a)(b)......................... 1,891 39,635 Luminex Corp. (a)(b)...................................... 7,999 144,942 Medivation, Inc. (a)(b)................................... 4,819 88,043 Nektar Therapeutics (a)(b)................................ 15,620 84,192 PAREXEL International Corp. (a)(b)........................ 9,824 95,588 Sequenom, Inc. (a)(b)..................................... 8,683 123,472 ------------ 979,317 ------------ MACHINERY -- 3.6% Actuant Corp. (Class A) (b)............................... 9,625 99,426 Altra Holdings, Inc. (a)(b)............................... 3,957 15,353 American Railcar Industries, Inc. (b)..................... 1,213 9,255 Badger Meter, Inc. (b).................................... 2,351 67,920 Bucyrus International, Inc. (b)........................... 12,400 188,232 Chart Industries, Inc. (a)................................ 4,138 32,608 CLARCOR, Inc. (b)......................................... 8,454 212,956 Columbus McKinnon Corp. (a)............................... 2,959 25,803 Dynamic Materials Corp. (b)............................... 1,873 17,157 Energy Recovery, Inc. (a)(b).............................. 4,821 36,640 ESCO Technologies, Inc. (a)(b)............................ 4,330 167,571 Force Protection, Inc. (a)(b)............................. 10,492 50,362 Gardner Denver, Inc. (a).................................. 8,610 187,181 Graco, Inc. (b)........................................... 9,960 170,017 Graham Corp. (b).......................................... 1,490 13,365 John Bean Technologies Corp. ............................. 4,800 50,208 K-Tron International, Inc. (a)............................ 375 22,751 L.B. Foster Co. (a)....................................... 1,610 39,976 Lindsay Manufacturing Co. (b)............................. 1,728 46,656 Middleby Corp. (a)........................................ 3,074 99,690 Nordson Corp. (b)......................................... 5,189 147,523 RBC Bearings, Inc. (a)(b)................................. 3,248 49,630 Sun Hydraulics Corp. (b).................................. 1,845 26,956
65 SPDR DOW JONES SMALL CAP GROWTH ETF (FORMERLY SPDR DJ WILSHIRE SMALL CAP GROWTH ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- ---------- ------------ Terex Corp. (a)........................................... 15,800 $ 146,150 The Gorman-Rupp Co. (b)................................... 2,158 42,728 The Manitowoc Co., Inc. (b)............................... 21,900 71,613 The Toro Co. (b).......................................... 5,895 142,541 Titan International, Inc. (b)............................. 5,233 26,322 Wabash National Corp. .................................... 4,685 5,763 Wabtec Corp. (b).......................................... 7,998 210,987 ------------ 2,423,340 ------------ MARINE -- 0.4% American Commercial Lines, Inc. (a)(b).................... 5,484 17,384 Horizon Lines, Inc. (b)................................... 4,460 13,514 Kirby Corp. (a)(b)........................................ 8,889 236,803 TBS International, Ltd. (a)(b)............................ 2,353 17,295 ------------ 284,996 ------------ MEDIA -- 1.5% Arbitron, Inc. (b)........................................ 4,081 61,256 Ascent Media Corp. (a).................................... 2,400 60,000 Cinemark Holdings, Inc. (b)............................... 5,187 48,706 CKX, Inc. (a)(b).......................................... 9,970 40,877 Crown Media Holdings, Inc. (Class A) (a)(b)............... 1,333 2,719 Dolan Media Co. (a)(b).................................... 4,769 37,532 Knology, Inc. (a)......................................... 5,900 24,308 Lamar Advertising Co. (Class A) (a)(b).................... 11,100 108,225 Liberty Media Corp. -- Interactive (Class A) (a)(b)....... 15,594 108,846 Live Nation, Inc. (a)(b).................................. 11,465 30,612 Martha Stewart Living Omnimedia, Inc. (Class A) (a)(b).... 3,429 8,538 Mediacom Communications Corp. (a)(b)...................... 5,704 22,987 Morningstar, Inc. (a)(b).................................. 3,102 105,933 National CineMedia, Inc. (b).............................. 7,117 93,802 Primedia, Inc. ........................................... 2,712 6,699 RCN Corp. (a)(b).......................................... 6,800 25,160 Sirius XM Radio, Inc. (a)(b).............................. 582,300 203,805 Warner Music Group Corp. (a)(b)........................... 8,762 20,591 ------------ 1,010,596 ------------ METALS & MINING -- 1.2% AK Steel Holding Corp. (b)................................ 18,600 132,432 Allied Nevada Gold Corp. (a).............................. 8,500 49,725 AM Castle & Co. (b)....................................... 2,536 22,621 Brush Engineered Materials, Inc. (a)(b)................... 3,090 42,858 Coeur d' Alene Mines Corp. (a)(b)......................... 93,505 87,895 Hecla Mining Co. (a)(b)................................... 36,986 73,972 Horsehead Holding Corp. (a)............................... 6,300 34,650 Royal Gold, Inc. (b)...................................... 5,275 246,659 Stillwater Mining Co. (a)(b).............................. 6,582 24,354 Titanium Metals Corp. (b)................................. 16,641 91,026 ------------ 806,192 ------------ MULTILINE RETAIL -- 0.2% 99 Cents Only Stores (a)(b)............................... 6,420 59,321 Fred's, Inc. (Class A) (b)................................ 5,622 63,416 Retail Ventures, Inc. (a)(b).............................. 3,794 5,767 ------------ 128,504 ------------ OFFICE ELECTRONICS -- 0.3% Zebra Technologies Corp. (Class A) (a)(b)................. 10,483 199,387 ------------ OIL, GAS & CONSUMABLE FUELS -- 4.5% Alon USA Energy, Inc. (b)................................. 2,241 30,702 Arena Resources, Inc. (a)(b).............................. 6,373 162,384 Atlas America, Inc. (b)................................... 5,482 47,967 ATP Oil & Gas Corp. (a)(b)................................ 4,122 21,146 Berry Petroleum Co. (Class A) (b)......................... 5,948 65,190 Bill Barrett Corp. (a)(b)................................. 5,556 123,565 BPZ Resources, Inc. (a)(b)................................ 8,397 31,069 Brigham Exploration Co. (a)(b)............................ 5,182 9,846 Carrizo Oil & Gas, Inc. (a)(b)............................ 3,993 35,458 Cheniere Energy Partners LP............................... 2,114 12,684 Cheniere Energy, Inc. (a)(b).............................. 8,640 36,806 Clean Energy Fuels Corp. (a)(b)........................... 4,184 25,481 Comstock Resources, Inc. (a)(b)........................... 7,548 224,930 CVR Energy, Inc. (a)(b)................................... 7,967 44,137 Delek US Holdings, Inc. (b)............................... 2,268 23,496 Delta Petroleum Corp. (a)(b).............................. 9,872 11,846 Duncan Energy Partners LP................................. 2,276 34,072 Eagle Rock Energy Partners LP (b)......................... 5,988 30,659 El Paso Pipeline Partners LP (b).......................... 5,536 95,219 Enbridge Energy Management LLC (a)(b)..................... 2,148 62,228 Frontier Oil Corp. (b).................................... 17,085 218,517 Gastar Exploration, Ltd. (a).............................. 22,922 12,378 GMX Resources, Inc. (a)(b)................................ 2,845 18,492 Goodrich Petroleum Corp. (a)(b)........................... 4,505 87,217 Gulfport Energy Corp. (a)(b).............................. 3,858 8,951 Holly Corp. (b)........................................... 6,965 147,658 International Coal Group, Inc. (a)(b)..................... 15,433 24,847 Legacy Reserves LP........................................ 2,906 26,561 Magellan Midstream Holdings LP............................ 9,664 169,120 Mariner Energy, Inc. (a)(b)............................... 14,865 115,204 McMoRan Exploration Co. (a)(b)............................ 9,557 44,918 Parallel Petroleum Corp. (a)(b)........................... 6,076 7,777 Patriot Coal Corp. (a)(b)................................. 9,400 34,874 Penn Virginia Corp. (b)................................... 7,058 77,497 Penn Virginia GP Holdings LP (b).......................... 2,886 34,228 Petroleum Development Corp. (a)(b)........................ 2,183 25,781 Petroquest Energy, Inc. (a)(b)............................ 6,269 15,046 Regency Energy Partners LP................................ 5,626 70,212 Rentech, Inc. (a)(b)...................................... 24,641 13,553 Rosetta Resources, Inc. (a)............................... 7,535 37,298 SandRidge Energy, Inc. (a)(b)............................. 15,700 103,463 St. Mary Land & Exploration Co. (b)....................... 10,337 136,759 Swift Energy Co. (a)(b)................................... 5,500 40,150 Targa Resources Partners LP (b)........................... 5,023 45,006 Teekay Offshore Partners LP............................... 2,486 28,415 VAALCO Energy, Inc. (a)(b)................................ 10,100 53,429 Venoco, Inc. (a)(b)....................................... 3,143 10,309 Warren Resources, Inc. (a)(b)............................. 8,361 8,027 Western Gas Partners LP................................... 3,106 46,217 Western Refining, Inc. (b)................................ 5,718 68,273 Williams Pipeline Partners LP (b)......................... 2,542 41,841 World Fuel Services Corp. (b)............................. 4,855 153,564 ------------ 3,054,467 ------------ PERSONAL PRODUCTS -- 0.9% Bare Escentuals, Inc. (a)(b).............................. 10,132 41,541 Chattem, Inc. (a)(b)...................................... 2,930 164,226
66 SPDR DOW JONES SMALL CAP GROWTH ETF (FORMERLY SPDR DJ WILSHIRE SMALL CAP GROWTH ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- ---------- ------------ Elizabeth Arden, Inc. (a)(b).............................. 4,008 $ 23,367 Herbalife, Ltd. .......................................... 10,630 159,237 Inter Parfums, Inc. (b)................................... 2,107 12,284 NBTY, Inc. (a)(b)......................................... 9,322 131,254 Prestige Brands Holdings, Inc. (a)........................ 5,225 27,066 USANA Health Sciences, Inc. (a)(b)........................ 1,206 26,966 ------------ 585,941 ------------ PHARMACEUTICALS -- 2.4% Acura Pharmaceuticals, Inc. (a)........................... 7,400 47,508 Akorn, Inc. (a)(b)........................................ 7,556 6,498 Ardea Biosciences, Inc. (a)............................... 2,200 22,638 Auxilium Pharmaceuticals, Inc. (a)(b)..................... 6,617 183,423 Biodel, Inc. (a)(b)....................................... 2,110 10,993 Cadence Pharmaceuticals, Inc. (a)(b)...................... 3,900 36,582 Caraco Pharmaceutical Laboratories, Ltd. (a)(b)........... 1,772 6,238 Cypress Bioscience, Inc. (a).............................. 6,600 46,926 Durect Corp. (a).......................................... 13,500 30,105 Inspire Pharmaceuticals, Inc. (a)......................... 7,100 28,826 Matrixx Initiatives, Inc. (a)(b).......................... 1,800 29,520 Medicis Pharmaceutical Corp. (Class A) (b)................ 9,416 116,476 Noven Pharmaceuticals, Inc. (a)(b)........................ 3,838 36,384 Optimer Pharmaceuticals, Inc. (a)......................... 4,700 61,993 Pain Therapeutics, Inc. (a)(b)............................ 5,182 21,764 POZEN, Inc. (a)........................................... 4,400 26,928 Questcor Pharmaceuticals, Inc. (a)........................ 9,600 47,232 Salix Pharmaceuticals, Ltd. (a)(b)........................ 8,218 78,071 Sepracor, Inc. (a)........................................ 17,809 261,080 Sucampo Pharmaceuticals, Inc. (a)(b)...................... 1,179 7,227 The Medicines Co. (a)..................................... 8,707 94,384 Valeant Pharmaceuticals International (a)(b).............. 11,575 205,919 ViroPharma, Inc. (a)(b)................................... 11,691 61,378 VIVUS, Inc. (a)(b)........................................ 10,389 44,881 XenoPort, Inc. (a)(b)..................................... 4,565 88,378 ------------ 1,601,352 ------------ PROFESSIONAL SERVICES -- 2.1% Administaff, Inc. (b)..................................... 3,602 76,110 Advisory Board Co. (a).................................... 2,328 38,598 CBIZ, Inc. (a)(b)......................................... 7,430 51,787 CoStar Group, Inc. (a)(b)................................. 3,312 100,188 CRA International, Inc. (a)(b)............................ 1,641 30,982 Duff & Phelps Corp. (Class A) (a)......................... 2,000 31,500 Exponent, Inc. (a)........................................ 2,016 51,065 First Advantage Corp. (Class A) (a)(b).................... 1,660 22,875 Heidrick & Struggles International, Inc. (b).............. 2,900 51,446 Hill International, Inc. (a)(b)........................... 4,580 13,923 Huron Consulting Group, Inc. (a)(b)....................... 3,466 147,063 ICF International, Inc. (a)............................... 1,300 29,861 Kforce, Inc. (a)(b)....................................... 5,435 38,208 Korn/Ferry International (a).............................. 6,903 62,541 LECG Corp. (a)............................................ 4,095 10,401 Monster Worldwide, Inc. (a)(b)............................ 20,500 167,075 MPS Group, Inc. (a)....................................... 15,600 92,820 Navigant Consulting, Inc. (a)(b).......................... 8,158 106,625 Odyssey Marine Exploration, Inc. (a)(b)................... 9,400 31,866 Resources Connection, Inc. (a)(b)......................... 7,577 114,261 Spherion Corp. (a)........................................ 7,505 15,611 The Corporate Executive Board Co. ........................ 5,185 75,183 TrueBlue, Inc. (a)(b)..................................... 6,365 52,511 ------------ 1,412,500 ------------ REAL ESTATE INVESTMENT TRUSTS -- 1.2% Alexander's, Inc. (b)..................................... 396 67,470 BioMed Realty Trust, Inc. (b)............................. 12,411 84,022 Cedar Shopping Centers, Inc. ............................. 6,677 11,618 Corporate Office Properties Trust (b)..................... 8,524 211,651 Equity Lifestyle Properties, Inc. (b)..................... 3,755 143,066 Tanger Factory Outlet Centers, Inc. (b)................... 5,231 161,429 Taubman Centers, Inc. (b)................................. 8,765 149,356 ------------ 828,612 ------------ REAL ESTATE MANAGEMENT & DEVELOPMENT -- 0.3% CB Richard Ellis Group, Inc. (Class A) (a)(b)............. 37,700 151,931 Tejon Ranch Co. (a)(b).................................... 1,855 38,343 ------------ 190,274 ------------ ROAD & RAIL -- 1.3% Genesee & Wyoming, Inc. (Class A) (a)(b).................. 5,361 113,921 Heartland Express, Inc. (b)............................... 9,783 144,886 Knight Transportation, Inc. (b)........................... 9,402 142,534 Landstar Systems, Inc. (b)................................ 8,536 285,700 Marten Transport, Ltd. (a)(b)............................. 2,235 41,750 Old Dominion Freight Line, Inc. (a)(b).................... 5,030 118,155 Universal Truckload Services, Inc. (b).................... 1,200 17,208 ------------ 864,154 ------------ SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT -- 6.6% Advanced Analogic Technologies, Inc. (a).................. 7,436 26,770 Advanced Energy Industries, Inc. (a)(b)................... 4,970 37,424 Amkor Technology, Inc. (a)(b)............................. 15,564 41,712 Anadigics, Inc. (a)(b).................................... 9,109 18,856 Applied Micro Circuits Corp. (a)(b)....................... 9,612 46,714 Atheros Communications, Inc. (a)(b)....................... 10,066 147,568 Atmel Corp. (a)(b)........................................ 74,018 268,685 ATMI, Inc. (a)............................................ 5,064 78,137 Brooks Automation, Inc. (a)(b)............................ 8,653 39,890 Cabot Microelectronics Corp. (a)(b)....................... 3,908 93,909 Cavium Networks, Inc. (a)................................. 5,788 66,794 Cirrus Logic, Inc. (a)(b)................................. 8,440 31,734 Cohu, Inc. ............................................... 3,900 28,080 Cymer, Inc. (a)........................................... 4,989 111,055 Cypress Semiconductor Corp. (a)........................... 24,100 163,157 Diodes, Inc. (a)(b)....................................... 4,589 48,689 Entegris, Inc. (a)........................................ 21,800 18,748 FEI Co. (a)............................................... 5,752 88,753 Formfactor, Inc. (a)(b)................................... 8,148 146,827 Hittite Microwave Corp. (a)(b)............................ 3,218 100,402 Integrated Device Technology, Inc. (a)(b)................. 28,587 130,071 International Rectifier Corp. (a)(b)...................... 12,065 162,998 IXYS Corp. (b)............................................ 3,721 29,991 Kulicke & Soffa Industries, Inc. (a)(b)................... 7,544 19,765 Micrel, Inc. (b).......................................... 7,440 52,378
67 SPDR DOW JONES SMALL CAP GROWTH ETF (FORMERLY SPDR DJ WILSHIRE SMALL CAP GROWTH ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- ---------- ------------ Microsemi Corp. (a)....................................... 13,502 $ 156,623 MKS Instruments, Inc. (a)(b).............................. 7,320 107,384 Monolithic Power Systems, Inc. (a)(b)..................... 5,100 79,050 Netlogic Microsystems, Inc. (a)(b)........................ 2,956 81,231 Novellus Systems, Inc. (a)(b)............................. 16,474 273,963 OmniVision Technologies, Inc. (a)(b)...................... 7,997 53,740 PMC-Sierra, Inc. (a)...................................... 35,864 228,812 Power Integrations, Inc. (b).............................. 4,965 85,398 Rambus, Inc. (a)(b)....................................... 17,380 164,415 RF Micro Devices, Inc. (a)(b)............................. 37,642 50,064 Rubicon Technology, Inc. (a)(b)........................... 1,990 10,567 Semtech Corp. (a)......................................... 10,071 134,448 Sigma Designs, Inc. (a)(b)................................ 4,196 52,198 Silicon Image, Inc. (a)(b)................................ 10,587 25,409 Silicon Laboratories, Inc. (a)............................ 7,387 195,017 Silicon Storage Technology, Inc. (a)(b)................... 13,425 22,151 Skyworks Solutions, Inc. (a)(b)........................... 27,308 220,102 Standard Microsystems Corp. (a)........................... 3,800 70,680 Supertex, Inc. (a)(b)..................................... 2,000 46,200 Teradyne, Inc. (a)(b)..................................... 28,260 123,779 Tessera Technologies, Inc. (a)............................ 8,132 108,725 Trident Microsystems, Inc. (a)(b)......................... 8,834 12,898 TriQuint Semiconductor, Inc. (a).......................... 21,637 53,443 Ultratech, Inc. (a)(b).................................... 2,781 34,735 Volterra Semiconductor Corp. (a).......................... 4,500 37,980 Zoran Corp. (a)(b)........................................ 8,691 76,481 ------------ 4,504,600 ------------ SOFTWARE -- 6.4% ACI Worldwide, Inc. (a)(b)................................ 5,745 107,719 Advent Software, Inc. (a)(b).............................. 3,100 103,261 ArcSight, Inc. (a)........................................ 3,000 38,310 Ariba, Inc. (a)(b)........................................ 14,371 125,459 Blackbaud, Inc. (b)....................................... 7,418 86,123 Blackboard, Inc. (a)(b)................................... 4,746 150,638 Cadence Design Systems, Inc. (a)(b)....................... 42,739 179,504 Commvault Systems, Inc. (a)(b)............................ 6,672 73,192 Concur Technologies, Inc. (a)(b).......................... 8,037 154,230 Deltek, Inc. (a)(b)....................................... 1,338 5,794 DemandTec, Inc. (a)....................................... 3,200 28,000 Ebix, Inc. (a)(b)......................................... 1,400 34,790 Epicor Software Corp. (a)(b).............................. 9,677 36,869 EPIQ Systems, Inc. (a)(b)................................. 5,300 95,559 FalconStor Software, Inc. (a)(b).......................... 5,591 13,363 i2 Technologies, Inc. (a)(b).............................. 2,419 19,110 Informatica Corp. (a)(b).................................. 14,674 194,577 Jack Henry & Associates, Inc. (b)......................... 14,050 229,296 Kenexa Corp. (a)(b)....................................... 2,842 15,318 Lawson Software, Inc. (a)(b).............................. 21,051 89,467 Macrovision Solutions Corp. (a)(b)........................ 13,590 241,766 Manhattan Associates, Inc. (a)............................ 3,551 61,503 Mentor Graphics Corp. (a)(b).............................. 15,819 70,236 MICROS Systems, Inc. (a)(b)............................... 13,336 250,050 MicroStrategy, Inc. (a)(b)................................ 1,415 48,379 Monotype Imaging Holdings, Inc. (a)(b).................... 3,478 13,008 MSC Software Corp. (a).................................... 6,720 37,901 Netscout Systems, Inc. (a)................................ 3,945 28,246 NetSuite, Inc. (a)(b)..................................... 2,748 30,942 OPNET Technologies, Inc. (a).............................. 2,500 21,675 Parametric Technology Corp. (a)........................... 19,244 192,055 Pegasystems, Inc. (b)..................................... 2,347 43,584 Progress Software Corp. (a)............................... 6,734 116,902 Quality Systems, Inc. (b)................................. 3,005 135,976 Quest Software, Inc. (a).................................. 10,912 138,364 Radiant Systems, Inc. (a)................................. 3,848 16,970 Solera Holdings, Inc. (a)(b).............................. 11,439 283,458 SPSS, Inc. (a)(b)......................................... 3,073 87,365 SuccessFactors, Inc. (a)(b)............................... 3,683 28,101 Symyx Technologies, Inc. (a)(b)........................... 4,684 20,844 Synchronoss Technologies, Inc. (a)(b)..................... 2,713 33,261 Taleo Corp. (a)(b)........................................ 5,284 62,457 TeleCommunication Systems, Inc. (Class A) (a)............. 6,000 55,020 THQ, Inc. (a)(b).......................................... 9,857 29,965 TIBCO Software, Inc. (a)(b)............................... 29,037 170,447 TiVo, Inc. (a)(b)......................................... 17,112 120,469 Tyler Technologies, Inc. (a)(b)........................... 6,160 90,121 Ultimate Software Group, Inc. (a)(b)...................... 3,783 65,295 Vasco Data Security International (a)..................... 4,089 23,594 Wind River Systems, Inc. (a).............................. 11,183 71,571 ------------ 4,370,104 ------------ SPECIALTY RETAIL -- 3.8% Aaron Rents, Inc. (b)..................................... 7,903 210,694 Aeropostale, Inc. (a)(b).................................. 11,071 294,046 AnnTaylor Stores Corp. (a)(b)............................. 8,738 45,438 Bebe Stores, Inc. (b)..................................... 4,769 31,809 Big 5 Sporting Goods Corp. (b)............................ 2,758 16,189 Blockbuster, Inc. (Class A) (a)(b)........................ 30,100 21,672 Cabela's, Inc. (a)(b)..................................... 7,028 64,025 Charlotte Russe Holding, Inc. (a)......................... 3,900 31,785 Charming Shoppes, Inc. (a)(b)............................. 14,046 19,664 Chico's FAS, Inc. (a)(b).................................. 29,285 157,260 Christopher & Banks Corp. (b)............................. 4,951 20,250 Coldwater Creek, Inc. (a)(b).............................. 8,135 20,419 Conn's, Inc. (a)(b)....................................... 1,598 22,436 Dick's Sporting Goods, Inc. (a)(b)........................ 14,001 199,794 DSW, Inc. (Class A) (a)(b)................................ 2,393 22,231 Gymboree Corp. (a)(b)..................................... 4,897 104,551 hhgregg, Inc. (a)(b)...................................... 2,509 35,502 Hibbett Sports, Inc. (a)(b)............................... 4,768 91,641 Hot Topic, Inc. (a)(b).................................... 7,522 84,171 J. Crew Group, Inc. (a)(b)................................ 8,686 114,482 Jos. A. Bank Clothiers, Inc. (a)(b)....................... 3,032 84,320 Lumber Liquidators, Inc. (a)(b)........................... 1,900 24,225 Mens Wearhouse, Inc. (b).................................. 7,248 109,735 Monro Muffler Brake, Inc. (b)............................. 3,300 90,189 New York & Co., Inc. (a)(b)............................... 4,187 14,864 Office Depot, Inc. (a)(b)................................. 41,169 53,931 Pacific Sunwear of California, Inc. (a)(b)................ 10,357 17,193 Systemax, Inc. (a)(b)..................................... 1,975 25,517 The Dress Barn, Inc. (a)(b)............................... 6,878 84,531 The Finish Line, Inc. (Class A) (b)....................... 6,682 44,235 The Wet Seal, Inc. (Class A) (a)(b)....................... 15,300 51,408 Tractor Supply Co. (a)(b)................................. 5,187 187,043 Tween Brands, Inc. (a)(b)................................. 3,532 7,559 Ulta Salon Cosmetics & Fragrance, Inc. (a)................ 4,031 26,685 Williams-Sonoma, Inc. (b)................................. 15,779 159,052 Zumiez, Inc. (a)(b)....................................... 2,540 24,638 ------------ 2,613,184 ------------
68 SPDR DOW JONES SMALL CAP GROWTH ETF (FORMERLY SPDR DJ WILSHIRE SMALL CAP GROWTH ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- ---------- ------------ TEXTILES, APPAREL & LUXURY GOODS -- 1.5% American Apparel, Inc. (a)(b)............................. 4,858 $ 14,185 Carter's, Inc. (a)........................................ 9,417 177,134 CROCS, Inc. (a)(b)........................................ 12,479 14,850 Deckers Outdoor Corp. (a)(b).............................. 2,164 114,779 FGX International Holdings, Ltd. (a)(b)................... 2,600 30,212 Fossil, Inc. (a)(b)....................................... 7,870 123,559 Iconix Brand Group, Inc. (a)(b)........................... 9,763 86,403 K-Swiss, Inc. (Class A) (b)............................... 3,756 32,076 Maidenform Brands, Inc. (a)............................... 2,716 24,879 Quiksilver, Inc. (a)(b)................................... 18,374 23,519 Steven Madden, Ltd. (a)................................... 2,335 43,851 The Warnaco Group, Inc. (a)(b)............................ 7,725 185,400 True Religion Apparel, Inc. (a)(b)........................ 2,330 27,517 Under Armour, Inc. (Class A) (a)(b)....................... 5,756 94,571 Volcom, Inc. (a)(b)....................................... 2,446 23,726 ------------ 1,016,661 ------------ THRIFTS & MORTGAGE FINANCE -- 0.6% Beneficial Mutual Bancorp, Inc. (a)(b).................... 5,552 54,687 ESSA Bancorp, Inc. ....................................... 2,500 33,275 NewAlliance Bancshares, Inc. ............................. 16,592 194,790 Ocwen Financial Corp. (a)(b).............................. 6,284 71,826 Oritani Financial Corp. (a)(b)............................ 1,814 25,396 United Financial Bancorp, Inc. ........................... 1,500 19,635 ViewPoint Financial Group................................. 1,727 20,776 Waterstone Financial, Inc. (a)(b)......................... 1,370 2,795 ------------ 423,180 ------------ TRADING COMPANIES & DISTRIBUTORS -- 0.6% Beacon Roofing Supply, Inc. (a)(b)........................ 7,614 101,951 H&E Equipment Services, Inc. (a)(b)....................... 5,467 35,809 Interline Brands, Inc. (a)(b)............................. 4,776 40,262 RSC Holdings, Inc. (a)(b)................................. 7,156 37,641 Rush Enterprises, Inc. (a)................................ 4,766 42,513 Titan Machinery, Inc. (a)................................. 2,600 23,374 WESCO International, Inc. (a)(b).......................... 7,029 127,365 ------------ 408,915 ------------ WIRELESS TELECOMMUNICATION SERVICES -- 0.4% Centennial Communications Corp. (a)(b).................... 11,391 94,090 ICO Global Communications Holdings, Ltd. (a)(b)........... 16,391 5,737 iPCS, Inc. (a)............................................ 2,306 22,391 Syniverse Holdings, Inc. (a).............................. 11,314 178,308 ------------ 300,526 ------------ TOTAL COMMON STOCKS -- (Cost $112,115,327)............... 67,583,313 ------------ WARRANTS -- 0.0% (c) COMMUNICATIONS EQUIPMENT -- 0.0% (c) Pegasus Wireless Corp. (expiring 12/18/09) (a)(d) (Cost $0)............................................... 569 0 ------------ SHORT TERM INVESTMENTS -- 29.8% MONEY MARKET FUNDS -- 29.8% State Street Navigator Securities Lending Prime Portfolio (e)(f).................................................. 19,673,058 19,673,058 STIC Prime Portfolio...................................... 596,420 596,420 ------------ TOTAL SHORT TERM INVESTMENTS -- (Cost $20,269,478)...................................... 20,269,478 ------------ TOTAL INVESTMENTS -- 129.2% (Cost $132,384,805)..................................... 87,852,791 OTHER ASSETS & LIABILITIES -- (29.2)%.................................. (19,847,531) ------------ NET ASSETS -- 100.0%...................................... $ 68,005,260 ============
(a) Non-income producing security. (b) Security, or portion thereof, was on loan at March 31, 2009. (c) Amount shown represents less than 0.05% of net assets. (d) Security is valued at fair value as determined in good faith by Trust's Pricing and Investment Committee in accordance with procedures approved by the Board of Trustees. (e) Investments of cash collateral for securities loaned. (f) Affiliated Fund managed by SSgA Funds Management, Inc. REIT = Real Estate Investment Trust 69 SPDR DOW JONES SMALL CAP VALUE ETF (FORMERLY SPDR DJ WILSHIRE SMALL CAP VALUE ETF) SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- ---------- ------------ COMMON STOCKS -- 99.7% AEROSPACE & DEFENSE -- 0.9% Applied Signal Technology, Inc. ....................... 1,700 $ 34,391 Cubic Corp. ........................................... 2,047 51,851 Curtiss-Wright Corp. (a)............................... 5,784 162,241 Ducommun, Inc. ........................................ 1,300 18,902 Esterline Technologies Corp. (b)....................... 3,730 75,309 GenCorp, Inc. (a)(b)................................... 7,368 15,620 Triumph Group, Inc. (a)................................ 2,187 83,543 ------------ 441,857 ------------ AIR FREIGHT & LOGISTICS -- 0.0% (c) Pacer International, Inc. ............................. 4,500 15,750 ------------ AIRLINES -- 0.6% Alaska Air Group, Inc. (a)(b).......................... 4,685 82,315 Continental Airlines, Inc. (Class B) (a)(b)............ 16,000 140,960 UAL Corp. (a)(b)....................................... 16,600 74,368 ------------ 297,643 ------------ AUTO COMPONENTS -- 0.4% Cooper Tire & Rubber Co. (a)........................... 7,633 30,837 Federal-Mogul Corp. (Class A) (a)(b)................... 2,901 19,379 Superior Industries International, Inc. (a)............ 2,761 32,718 Tenneco Automotive, Inc. (a)(b)........................ 5,210 8,492 TRW Automotive Holdings Corp. (a)(b)................... 6,967 22,434 WABCO Holdings, Inc. .................................. 9,000 110,790 ------------ 224,650 ------------ AUTOMOBILES -- 0.0% (c) Winnebago Industries, Inc. ............................ 3,428 18,203 ------------ BEVERAGES -- 0.2% Central European Distribution Corp. (a)(b)............. 5,000 53,800 Coca-Cola Hellenic Bottling Co. SA (a)................. 484 25,192 National Beverage Corp. (a)(b)......................... 1,256 11,518 ------------ 90,510 ------------ BIOTECHNOLOGY -- 0.3% ArQule, Inc. (a)(b).................................... 3,900 16,146 Cougar Biotechnology, Inc. (a)(b)...................... 2,132 68,650 Dendreon Corp. (a)(b).................................. 11,618 48,796 Nabi Biopharmaceuticals (a)(b)......................... 6,700 24,790 StemCells, Inc. (a)(b)................................. 10,500 17,535 ------------ 175,917 ------------ BUILDING PRODUCTS -- 1.2% American Woodmark Corp. ............................... 1,100 19,316 Ameron International Corp. ............................ 1,074 56,557 Apogee Enterprises, Inc. (a)........................... 3,668 40,275 Armstrong World Industries, Inc. (a)(b)................ 2,358 25,962 Builders FirstSource, Inc. (a)(b)...................... 1,728 3,490 Gibraltar Industries, Inc. (a)......................... 3,222 15,208 Griffon Corp. (a)(b)................................... 6,400 48,000 Lennox International, Inc. (a)......................... 6,704 177,388 NCI Building Systems, Inc. (a)(b)...................... 2,307 5,121 Owens Corning, Inc. (a)(b)............................. 11,259 101,781 Trex Co., Inc. (b)..................................... 1,800 13,734 Universal Forest Products, Inc. (a).................... 2,330 62,001 USG Corp. (a)(b)....................................... 8,600 65,446 ------------ 634,279 ------------ CAPITAL MARKETS -- 2.0% BGC Partners, Inc. (a)................................. 4,614 10,197 Broadpoint Securities Group, Inc. (a)(b)............... 4,400 14,520 Cohen & Steers, Inc. (a)............................... 2,206 24,619 FBR Capital Markets Corp. (b).......................... 3,559 11,709 FCStone Group, Inc. (a)(b)............................. 2,902 6,616 Fortress Investment Group LLC (Class A) (a)............ 5,100 12,801 GAMCO Investors, Inc. (a).............................. 834 27,230 GLG Partners, Inc. (a)................................. 25,591 72,678 Investment Technology Group, Inc. (b).................. 5,594 142,759 Janus Capital Group, Inc. (a).......................... 20,400 135,660 LaBranche & Cos., Inc. (a)(b).......................... 7,348 27,481 Piper Jaffray Co., Inc. (a)(b)......................... 2,524 65,094 SWS Group, Inc. (a).................................... 3,504 54,417 Teton Advisors, Inc. (b) (d)........................... 10 23 The Blackstone Group LP (a)............................ 21,000 152,250 Thomas Weisel Partners Group, Inc. (a)(b).............. 2,696 9,652 W.P. Carey & Co. LLC (a)............................... 3,798 84,278 Waddell & Reed Financial, Inc. (Class A) (a)........... 10,913 197,198 ------------ 1,049,182 ------------ CHEMICALS -- 3.1% A. Schulman, Inc. ..................................... 3,057 41,422 Arch Chemicals, Inc. (a)............................... 3,170 60,103 Ashland, Inc. (a)...................................... 8,600 88,838 Cabot Corp. ........................................... 6,493 68,241 Cytec Industries, Inc. (a)............................. 6,148 92,343 Ferro Corp. (a)........................................ 5,034 7,199 H.B. Fuller Co. ....................................... 6,207 80,691 Innophos Holdings, Inc. ............................... 1,157 13,051 Koppers Holdings, Inc. (a)............................. 2,663 38,667 Kronos Worldwide, Inc. (a)............................. 376 2,891 Minerals Technologies, Inc. (a)........................ 2,435 78,042 NewMarket Corp. (a).................................... 1,392 61,666 NL Industries, Inc. (a)................................ 830 8,300 Olin Corp. (a)......................................... 8,857 126,389 OM Group, Inc. (a)(b).................................. 3,972 76,739 RPM International, Inc. (a)............................ 16,636 211,776 Sensient Technologies Corp. (a)........................ 6,125 143,938 Solutia, Inc. (a)(b)................................... 8,224 15,379 Spartech Corp. ........................................ 3,591 8,834 Stepan Co. (a)......................................... 966 26,372 Valhi, Inc. (a)........................................ 1,290 12,100 Valspar Corp. (a)...................................... 12,048 240,599 W.R. Grace & Co. (a)(b)................................ 7,798 49,283 Westlake Chemical Corp. (a)............................ 2,457 35,946 Zep, Inc. (a).......................................... 2,580 26,393 ------------ 1,615,202 ------------ COMMERCIAL BANKS -- 13.4% 1st Source Corp. (a)................................... 1,792 32,346 Arrow Financial Corp. (a).............................. 1,400 33,166 Associated Banc-Corp (a)............................... 15,414 237,992 Bancfirst Corp. (a).................................... 929 33,816 BancorpSouth, Inc. (a)................................. 9,982 208,025 Bank of Hawaii Corp. (a)............................... 6,199 204,443 Boston Private Financial Holdings, Inc. (a)............ 7,664 26,901 Camden National Corp. (a).............................. 1,000 22,850
70 SPDR DOW JONES SMALL CAP VALUE ETF (FORMERLY SPDR DJ WILSHIRE SMALL CAP VALUE ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- ---------- ------------ Capital City Bank Group, Inc. (a)...................... 1,475 $ 16,903 Capitol Bancorp, Ltd. (a).............................. 1,775 7,366 Cathay General Bancorp (a)............................. 6,415 66,908 Central Pacific Financial Corp. (a).................... 3,809 21,330 Chemical Financial Corp. (a)........................... 2,839 59,080 Citizens Republic Bancorp, Inc. (a)(b)................. 16,788 26,021 City Holding Co. (a)................................... 2,130 58,128 Columbia Banking System, Inc. (a)...................... 2,048 13,107 Community Bank System, Inc. (a)........................ 4,193 70,233 Community Trust Bancorp, Inc. (a)...................... 1,772 47,401 CVB Financial Corp. (a)................................ 8,675 57,515 F.N.B. Corp. (a)....................................... 11,541 88,519 Fifth Third Bancorp (a)................................ 68,200 199,144 First Bancorp- North Carolina (a)...................... 2,182 26,119 First BanCorp- Puerto Rico (a)......................... 10,012 42,651 First Busey Corp. (a).................................. 3,585 27,820 First Citizens Bancshares, Inc. (Class A).............. 770 101,486 First Commonwealth Financial Corp. (a)................. 10,073 89,347 First Community Bancshares, Inc. (a)................... 1,159 13,526 First Financial Bancorp (a)............................ 4,822 45,954 First Financial Bankshares, Inc. (a)................... 2,334 112,429 First Financial Corp. (a).............................. 1,308 48,265 First Horizon National Corp. (a)....................... 27,234 292,493 First Merchants Corp. (a).............................. 2,795 30,158 First Midwest Bancorp, Inc. (a)........................ 6,318 54,272 FirstMerit Corp. (a)................................... 9,647 175,575 Frontier Financial Corp. (a)........................... 5,378 5,916 Fulton Financial Corp. (a)............................. 22,425 148,678 Glacier Bancorp, Inc. (a).............................. 7,635 119,946 Guaranty Bancorp (a)(b)................................ 5,398 9,446 Hampton Roads Bankshares, Inc. ........................ 2,800 21,812 Hancock Holding Co. (a)................................ 3,378 105,664 Hanmi Financial Corp. (a).............................. 5,513 7,167 Harleysville National Corp. (a)........................ 5,545 33,603 Heartland Financial USA, Inc. (a)...................... 1,900 25,726 Home Bancshares, Inc. (a).............................. 2,035 40,639 Huntington Bancshares, Inc. (a)........................ 47,300 78,518 IBERIABANK Corp. (a)................................... 2,037 93,580 Independent Bank Corp. -- Massachusetts (a)............ 2,055 30,311 International Bancshares Corp. (a)..................... 6,913 53,921 Investors Bancorp, Inc. (a)(b)......................... 5,817 49,270 Lakeland Financial Corp. .............................. 1,400 26,866 Marshall & Ilsley Corp. (a)............................ 31,400 176,782 MB Financial, Inc. (a)................................. 4,503 61,241 National Penn Bancshares, Inc. (a)..................... 10,292 85,424 NBT Bancorp, Inc. (a).................................. 4,211 91,126 Northfield Bancorp, Inc. (a)........................... 2,603 28,451 Old National Bancorp (a)............................... 8,538 95,369 Old Second Bancorp, Inc. (a)........................... 1,397 8,871 Oriental Financial Group, Inc. (a)..................... 2,583 12,605 Pacific Capital Bancorp (a)............................ 6,017 40,735 PacWest Bancorp (a).................................... 2,996 42,933 Park National Corp. (a)................................ 1,511 84,238 Popular, Inc. (a)...................................... 32,960 71,853 Prosperity Bancshares, Inc. (a)........................ 5,996 163,991 Provident Bankshares Corp. (a)......................... 4,237 29,871 Renasant Corp. (a)..................................... 2,714 34,088 Republic Bancorp, Inc. -- Kentucky (a)................. 1,211 22,609 S&T Bancorp, Inc. (a).................................. 3,552 75,338 S.Y. Bancorp, Inc. (a)................................. 1,563 37,981 Sandy Spring Bancorp, Inc. (a)......................... 2,159 24,094 Santander Bancorp (a).................................. 652 5,138 SCBT Financial Corp. (a)............................... 1,500 31,350 Seacoast Banking Corp. of Florida (a).................. 1,730 5,242 Simmons First National Corp. (a)....................... 1,670 42,067 South Financial Group, Inc. (a)........................ 8,414 9,255 Southside Bancshares, Inc. (a)......................... 1,600 30,240 StellarOne Corp. (a)................................... 2,900 34,539 Sterling Bancorp (a)................................... 2,422 23,978 Sterling Bancshares, Inc. (a).......................... 9,494 62,091 Sterling Financial Corp. -- Washington (a)............. 5,905 12,223 Suffolk Bancorp (a).................................... 1,210 31,448 Sun Bancorp, Inc. (a)(b)............................... 2,270 11,781 Susquehanna Bancshares, Inc. (a)....................... 11,133 103,871 SVB Financial Group (a)(b)............................. 4,197 83,982 Synovus Financial Corp. ............................... 35,400 115,050 TCF Financial Corp. (a)................................ 15,996 188,113 The Colonial BancGroup, Inc. (a)....................... 26,039 23,435 Tompkins Trustco, Inc. (a)............................. 1,007 43,301 Trico Bancshares (a)................................... 1,907 31,923 Trustmark Corp. (a).................................... 6,476 119,029 UMB Financial Corp. (a)................................ 3,985 169,323 Umpqua Holdings Corp. (a).............................. 7,763 70,333 Union Bankshares Corp. (a)............................. 1,700 23,545 United Bankshares, Inc. (a)............................ 5,576 96,130 United Community Banks, Inc. (a)....................... 6,518 27,115 Univest Corp. of Pennsylvania (a)...................... 1,700 29,750 Valley National Bancorp (a)............................ 17,428 215,584 Washington Trust Bancorp, Inc. (a)..................... 1,382 22,457 Webster Financial Corp. (a)............................ 6,757 28,717 WesBanco, Inc. (a)..................................... 3,204 73,147 Westamerica Bancorp (a)................................ 3,741 170,440 Whitney Holding Corp. (a).............................. 8,251 94,474 Wilmington Trust Corp. (a)............................. 8,729 84,584 Wintrust Financial Corp. (a)........................... 3,100 38,130 Zions Bancorp (a)...................................... 14,900 146,467 ------------ 6,928,204 ------------ COMMERCIAL SERVICES & SUPPLIES -- 1.9% ABM Industries, Inc. (a)............................... 5,891 96,612 ACCO Brands Corp. (b).................................. 5,879 5,761 ATC Technology Corp. (b)............................... 2,610 29,232 Bowne & Co., Inc. (a).................................. 3,098 9,945 Comfort Systems USA, Inc. (a).......................... 5,072 52,597 Consolidated Graphics, Inc. (a)(b)..................... 1,287 16,371 Cornell Companies, Inc. (b)............................ 1,500 24,555 Courier Corp. (a)...................................... 1,295 19,645 Deluxe Corp. .......................................... 6,646 64,001 Ennis, Inc. (a)........................................ 3,364 29,805 G & K Services, Inc. (Class A) (a)..................... 2,449 46,311 Herman Miller, Inc. ................................... 6,890 73,447 HNI Corp. (a).......................................... 4,400 45,760 Kimball International, Inc. (Class B).................. 3,389 22,232 McGrath Rentcorp (a)................................... 3,013 47,485 Mine Safety Appliances Co. (a)......................... 4,100 82,082 Steelcase, Inc. (Class A) (a).......................... 8,200 41,082
71 SPDR DOW JONES SMALL CAP VALUE ETF (FORMERLY SPDR DJ WILSHIRE SMALL CAP VALUE ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- ---------- ------------ The Brink's Co. ....................................... 5,100 $ 134,946 The Standard Register Co. ............................. 2,000 9,160 United Stationers, Inc. (a)(b)......................... 2,991 83,987 Viad Corp. ............................................ 2,627 37,093 ------------ 972,109 ------------ COMMUNICATIONS EQUIPMENT -- 0.8% 3Com Corp. (a)(b)...................................... 49,961 154,380 Avocent Corp. (a)(b)................................... 5,800 70,412 Black Box Corp. (a).................................... 2,235 52,768 EMS Technologies, Inc. (b)............................. 2,000 34,920 Loral Space & Communications, Ltd. (a)(b).............. 1,461 31,207 Plantronics, Inc. ..................................... 6,300 76,041 ------------ 419,728 ------------ COMPUTERS & PERIPHERALS -- 0.7% Adaptec, Inc. (b)...................................... 13,322 31,973 Avid Technology, Inc. (a)(b)........................... 3,877 35,436 Diebold, Inc. ......................................... 8,462 180,663 Electronics for Imaging, Inc. (a)(b)................... 6,735 66,003 Hutchinson Technology, Inc. (a)(b)..................... 2,745 7,137 Imation Corp. (a)...................................... 4,112 31,457 ------------ 352,669 ------------ CONSTRUCTION & ENGINEERING -- 0.8% EMCOR Group, Inc. (b).................................. 8,474 145,499 Granite Construction, Inc. (a)......................... 4,102 153,743 Insituform Technologies, Inc. (a)(b)................... 4,810 75,228 Michael Baker Corp. (b)................................ 1,000 26,000 Northwest Pipe Co. (a)(b).............................. 1,161 33,054 ------------ 433,524 ------------ CONSTRUCTION MATERIALS -- 0.2% Headwaters, Inc. (a)(b)................................ 5,400 16,956 Texas Industries, Inc. (a)............................. 3,125 78,125 ------------ 95,081 ------------ CONSUMER FINANCE -- 0.2% Advance America Cash Advance Centers, Inc. (a)......... 5,907 9,983 Dollar Financial Corp. (a)(b).......................... 3,193 30,397 The First Marblehead Corp. (a)(b)...................... 8,300 10,707 The Student Loan Corp. (a)............................. 560 24,327 World Acceptance Corp. (a)(b).......................... 1,900 32,490 ------------ 107,904 ------------ CONTAINERS & PACKAGING -- 1.4% Greif, Inc. (Class A).................................. 4,384 145,943 Myers Industries, Inc. ................................ 3,500 21,490 Packaging Corp. of America............................. 13,195 171,799 Rock-Tenn Co. (Class A)................................ 4,948 133,843 Silgan Holdings, Inc. ................................. 3,201 168,181 Temple-Inland, Inc. (a)................................ 11,654 62,582 ------------ 703,838 ------------ DISTRIBUTORS -- 0.1% (c) Audiovox Corp. (Class A) (a)(b)........................ 2,134 7,320 Core-Mark Holding Co., Inc. (a)(b)..................... 1,300 23,686 ------------ 31,006 ------------ DIVERSIFIED CONSUMER SERVICES -- 0.5% Jackson Hewitt Tax Service, Inc. (a)................... 2,894 15,107 Regis Corp. ........................................... 5,535 79,981 Service Corp. International (a)........................ 33,195 115,850 Stewart Enterprises, Inc. (Class A) (a)................ 11,050 35,802 StoneMor Partners LP................................... 1,200 13,380 ------------ 260,120 ------------ DIVERSIFIED FINANCIAL SERVICES -- 0.8% CIT Group, Inc. ....................................... 50,200 143,070 Financial Federal Corp. (a)............................ 3,344 70,826 KKR Financial Holdings LLC (a)......................... 17,284 15,383 PHH Corp. (a)(b)....................................... 6,954 97,703 Pico Holdings, Inc. (a)(b)............................. 2,102 63,207 ------------ 390,189 ------------ DIVERSIFIED TELECOMMUNICATION SERVICES -- 0.4% Atlantic Tele-Network, Inc. ........................... 1,136 21,789 Cincinnati Bell, Inc. (a)(b)........................... 29,781 68,496 Cogent Communications Group, Inc. (a)(b)............... 5,436 39,139 Consolidated Communications Holdings, Inc. (a)......... 3,089 31,693 FairPoint Communications, Inc. (a)..................... 10,204 7,959 Iowa Telecommunications Services, Inc. (a)............. 4,130 47,330 SureWest Communications (a)............................ 1,568 12,230 ------------ 228,636 ------------ ELECTRIC UTILITIES -- 2.8% ALLETE, Inc. (a)....................................... 3,557 94,936 Brookfield Infrastructure Partners LP (a).............. 2,707 35,786 Central Vermont Public Service Corp. (a)............... 1,300 22,490 Cleco Corp. (a)........................................ 7,711 167,252 El Paso Electric Co. (a)(b)............................ 5,862 82,596 Empire District Electric Co. (a)....................... 4,297 62,049 Great Plains Energy, Inc. (a).......................... 15,272 205,714 Hawaiian Electric Industries, Inc. (a)................. 11,680 160,483 IDACORP, Inc. ......................................... 5,789 135,231 MGE Energy, Inc. (a)................................... 2,906 91,161 Portland General Electric Co. (a)...................... 9,528 167,597 UIL Holdings Corp. (a)................................. 3,215 71,759 Unisource Energy Corp. (a)............................. 4,553 128,349 ------------ 1,425,403 ------------ ELECTRICAL EQUIPMENT -- 1.9% A.O. Smith Corp. (a)................................... 2,562 64,511 Acuity Brands, Inc. (a)................................ 5,234 117,974 Baldor Electric Co. (a)................................ 5,399 78,232 Belden CDT, Inc. (a)................................... 5,964 74,610 Brady Corp. (Class A) (a).............................. 6,064 106,908 Ener1, Inc. (a)(b)..................................... 6,742 34,856 Franklin Electric Co., Inc. (a)........................ 2,300 50,899 GrafTech International, Ltd. (b)....................... 15,440 95,110 Powell Industries, Inc. (b)............................ 970 34,251 Regal-Beloit Corp. (a)................................. 4,154 127,279 Thomas & Betts Corp. (b)............................... 6,858 171,587 ------------ 956,217 ------------ ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS -- 1.3% Agilysys, Inc. (a)..................................... 2,703 11,623 Anixter International, Inc. (a)(b)..................... 3,946 125,009 AVX Corp. ............................................. 6,613 60,046 Checkpoint Systems, Inc. (a)(b)........................ 4,998 44,832 Coherent, Inc. (a)(b).................................. 2,934 50,612
72 SPDR DOW JONES SMALL CAP VALUE ETF (FORMERLY SPDR DJ WILSHIRE SMALL CAP VALUE ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- ---------- ------------ Electro Rent Corp. .................................... 2,400 $ 23,136 Littelfuse, Inc. (a)(b)................................ 2,785 30,607 Methode Electronics, Inc. (Class A) (a)................ 5,084 18,201 Park Electrochemical Corp. (a)......................... 2,383 41,178 SYNNEX Corp. (a)(b).................................... 2,287 44,985 Tech Data Corp. (a)(b)................................. 6,509 141,766 Technitrol, Inc. (a)................................... 4,617 7,895 Vishay Intertechnology, Inc. (b)....................... 22,032 76,672 ------------ 676,562 ------------ ENERGY EQUIPMENT & SERVICES -- 0.6% Bristow Group, Inc. (a)(b)............................. 3,560 76,291 Gulf Island Fabrication, Inc. ......................... 1,600 12,816 Gulfmark Offshore, Inc. (a)(b)......................... 2,834 67,619 PHI, Inc. (b).......................................... 1,844 18,403 SEACOR Holdings, Inc. (a)(b)........................... 2,484 144,842 Trico Marine Services, Inc. (a)(b)..................... 1,346 2,827 ------------ 322,798 ------------ FOOD & STAPLES RETAILING -- 1.5% BJ's Wholesale Club, Inc. (b).......................... 7,700 246,323 Casey's General Stores, Inc. (a)....................... 6,553 174,703 Ingles Markets, Inc. (a)............................... 1,560 23,291 Nash Finch Co. (a)..................................... 1,683 47,275 Ruddick Corp. (a)...................................... 5,457 122,510 The Andersons, Inc. (a)................................ 2,376 33,597 Village Super Market, Inc. (Class A) (a)............... 600 18,702 Weis Markets, Inc. (a)................................. 1,491 46,281 Winn-Dixie Stores, Inc. (a)(b)......................... 6,981 66,738 ------------ 779,420 ------------ FOOD PRODUCTS -- 2.2% Alico, Inc. (a)........................................ 408 9,792 American Italian Pasta Co. (b)......................... 2,646 92,107 B&G Foods, Inc. (a).................................... 4,854 25,241 Cal-Maine Foods, Inc. (a).............................. 1,700 38,063 Chiquita Brands International, Inc. (a)(b)............. 5,718 37,910 Corn Products International, Inc. (a).................. 9,579 203,075 Del Monte Foods Co. ................................... 25,730 187,572 Farmer Brothers Co. (a)................................ 747 13,297 Fresh Del Monte Produce, Inc. (a)(b)................... 5,898 96,845 Hain Celestial Group, Inc. (a)(b)...................... 4,979 70,901 Lancaster Colony Corp. (a)............................. 2,655 110,129 Lance, Inc. (a)........................................ 4,029 83,884 Sanderson Farms, Inc. (a).............................. 2,352 88,318 Tootsie Roll Industries, Inc. (a)...................... 2,971 64,525 ------------ 1,121,659 ------------ GAS UTILITIES -- 2.9% Amerigas Partners LP (a)............................... 4,207 118,974 Chesapeake Utilities Corp. (a)......................... 900 27,432 Ferrellgas Partners LP (a)............................. 5,486 73,512 Laclede Group, Inc. ................................... 2,616 101,972 New Jersey Resources Corp. ............................ 5,477 186,108 Nicor, Inc. (a)........................................ 5,834 193,864 Northwest Natural Gas Co. (a).......................... 3,386 147,020 South Jersey Industries, Inc. (a)...................... 3,773 132,055 Southwest Gas Corp. ................................... 5,710 120,310 Star Gas Partners LP................................... 8,100 21,060 Suburban Propane Partners LP (a)....................... 4,164 152,236 WGL Holdings, Inc. (a)................................. 6,467 212,118 ------------ 1,486,661 ------------ HEALTH CARE EQUIPMENT & SUPPLIES -- 1.2% Analogic Corp. (a)..................................... 1,700 54,434 CONMED Corp. (a)(b).................................... 3,702 53,346 Hill-Rom Holdings, Inc. (a)............................ 8,048 79,595 Invacare Corp. (a)..................................... 4,099 65,707 Orthofix International N.V. (a)(b)..................... 2,231 41,318 STERIS Corp. (a)....................................... 6,957 161,959 The Cooper Cos., Inc. (a).............................. 5,859 154,912 ------------ 611,271 ------------ HEALTH CARE PROVIDERS & SERVICES -- 2.1% Brookdale Senior Living, Inc. (a)...................... 5,200 26,260 Cross Country Healthcare, Inc. (a)(b).................. 3,700 24,235 Emergency Medical Services Corp. (Class A) (b)......... 1,200 37,668 Hanger Orthopedic Group, Inc. (b)...................... 3,943 52,245 Healthsouth Corp. (a)(b)............................... 11,300 100,344 Kindred Healthcare, Inc. (b)........................... 4,116 61,534 Landauer, Inc. (a)..................................... 1,152 58,383 LifePoint Hospitals, Inc. (a)(b)....................... 6,846 142,808 Magellan Health Services, Inc. (b)..................... 4,997 182,091 Medcath Corp. (b)...................................... 2,135 15,521 National Healthcare Corp. (a).......................... 1,067 42,840 Owens & Minor, Inc. (a)................................ 5,296 175,457 RehabCare Group, Inc. (b).............................. 2,335 40,722 Res-Care, Inc. (b)..................................... 3,301 48,063 Skilled Healthcare Group, Inc. (Class A) (a)(b)........ 2,500 20,525 Tenet Healthcare Corp. (a)(b).......................... 61,101 70,877 ------------ 1,099,573 ------------ HOTELS, RESTAURANTS & LEISURE -- 2.2% AFC Enterprises, Inc. (a)(b)........................... 3,193 14,400 Ameristar Casinos, Inc. (a)............................ 3,005 37,803 Bob Evans Farms, Inc. (a).............................. 4,051 90,823 Boyd Gaming Corp. (a).................................. 7,567 28,225 Brinker International, Inc. (a)(b)..................... 13,100 197,810 Cedar Fair LP (a)...................................... 6,582 61,147 Churchill Downs, Inc. (a).............................. 1,333 40,070 Cracker Barrel Old Country Store, Inc. (a)............. 2,902 83,113 DineEquity, Inc. (a)................................... 2,057 24,396 Domino's Pizza, Inc. (a)(b)............................ 5,425 35,534 Gaylord Entertainment Co. (a)(b)....................... 5,300 44,149 International Speedway Corp. (Class A)................. 4,070 89,784 Isle of Capri Casinos, Inc. (a)(b)..................... 2,231 11,802 Jack in the Box, Inc. (a)(b)........................... 7,291 169,807 Krispy Kreme Doughnuts, Inc. (a)(b).................... 6,756 10,810 Landry's Restaurants, Inc. (a)......................... 1,334 6,964 Marcus Corp. (a)....................................... 2,798 23,783 Pinnacle Entertainment, Inc. (a)(b).................... 7,738 54,476 Ruby Tuesday, Inc. (a)(b).............................. 5,905 17,243 Speedway Motorsports, Inc. (a)......................... 1,609 19,018 Vail Resorts, Inc. (b)................................. 3,715 75,897 ------------ 1,137,054 ------------
73 SPDR DOW JONES SMALL CAP VALUE ETF (FORMERLY SPDR DJ WILSHIRE SMALL CAP VALUE ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- ---------- ------------ HOUSEHOLD DURABLES -- 2.6% American Greetings Corp. (Class A) (a)................. 5,500 $ 27,830 Blyth, Inc. (a)........................................ 804 21,008 Brookfield Homes Corp. (a)............................. 1,161 4,005 Centex Corp. (a)....................................... 15,997 119,977 CSS Industries, Inc. (a)............................... 931 15,827 Ethan Allen Interiors, Inc. (a)........................ 3,452 38,869 Furniture Brands International, Inc. (a)............... 4,125 6,064 Harman International Industries, Inc. (a).............. 7,500 101,475 Helen of Troy, Ltd. (a)(b)............................. 3,705 50,944 Hovnanian Enterprises, Inc. (a)(b)..................... 6,877 10,728 KB HOME (a)............................................ 9,992 131,695 Lennar Corp. (Class A)................................. 17,933 134,677 M.D.C. Holdings, Inc. (a).............................. 4,611 143,587 M/I Homes, Inc. (a).................................... 1,570 10,974 Meritage Homes Corp. (a)(b)............................ 3,662 41,820 National Presto Industries, Inc. (a)................... 681 41,548 Ryland Group, Inc. (a)................................. 5,551 92,480 Sealy Corp. (a)(b)..................................... 5,075 7,562 Skyline Corp. (a)...................................... 838 15,930 Snap-on, Inc. ......................................... 7,376 185,138 Standard Pacific Corp. (a)(b).......................... 14,059 12,372 Tupperware Brands Corp. (a)............................ 7,990 135,750 ------------ 1,350,260 ------------ HOUSEHOLD PRODUCTS -- 0.2% Central Garden & Pet Co. (Class A) (a)(b).............. 8,365 62,905 WD-40 Co. (a).......................................... 2,049 49,463 ------------ 112,368 ------------ INDUSTRIAL CONGLOMERATES -- 0.6% Carlisle Cos., Inc. ................................... 7,852 154,135 Otter Tail Corp. (a)................................... 4,094 90,273 Standex International Corp. ........................... 1,397 12,852 Tredegar Corp. ........................................ 3,156 51,537 ------------ 308,797 ------------ INSURANCE -- 8.1% AMBAC Financial Group, Inc. (a)........................ 37,056 28,904 American Equity Investment Life Holding Co. (a)........ 7,082 29,461 American National Insurance Co. (a).................... 2,085 109,275 American Physicians Capital, Inc. ..................... 1,146 46,894 Argo Group International Holdings, Ltd. (b)............ 4,006 120,701 Arthur J. Gallagher & Co. (a).......................... 12,244 208,148 Aspen Insurance Holdings, Ltd. ........................ 9,770 219,434 Assured Guaranty, Ltd. (a)............................. 7,724 52,292 Baldwin & Lyons, Inc. (Class B) (a).................... 1,116 21,115 CNA Surety Corp. (b)................................... 2,049 37,784 Conseco, Inc. (a)(b)................................... 21,232 19,533 Delphi Financial Group................................. 5,250 70,665 EMC Insurance Group, Inc. (a).......................... 800 16,856 Employers Holdings, Inc. (a)........................... 6,387 60,932 Endurance Specialty Holdings, Ltd. (a)................. 6,603 164,679 Enstar Group, Ltd. (b)................................. 896 50,463 Erie Indemnity Co. (Class A) (a)....................... 4,092 139,865 FBL Financial Group, Inc. (Class A) (a)................ 1,543 6,403 Flagstone Reinsurance Holdings, Ltd. (a)............... 5,610 43,702 FPIC Insurance Group, Inc. (a)(b)...................... 1,067 39,511 Genworth Financial, Inc. (Class A) (a)................. 55,900 106,210 Harleysville Group, Inc. .............................. 1,682 53,504 Horace Mann Educators Corp. ........................... 5,013 41,959 Infinity Property & Casualty Corp. (a)................. 1,898 64,399 IPC Holdings, Ltd. .................................... 6,077 164,322 Kansas City Life Insurance Co. (a)..................... 463 16,599 Maiden Holdings, Ltd. (a).............................. 7,358 32,890 Max Capital Group, Ltd. (a)............................ 6,093 105,043 MBIA, Inc. (a)(b)...................................... 30,033 137,551 Mercury General Corp. ................................. 3,402 101,039 Montpelier Re Holdings, Ltd. (a)....................... 10,992 142,456 National Financial Partners Corp. (a).................. 4,450 14,240 National Interstate Corp. (a).......................... 769 13,004 National Western Life Insurance Co. (Class A).......... 266 30,058 Navigators Group, Inc. (b)............................. 1,724 81,338 OneBeacon Insurance Group, Ltd. (a).................... 3,011 29,086 Platinum Underwriters Holdings, Ltd. .................. 6,180 175,265 PMA Capital Corp. (Class A) (b)........................ 4,100 17,097 Presidential Life Corp. (a)............................ 2,871 22,365 ProAssurance Corp. (b)................................. 4,042 188,438 Protective Life Corp. (a).............................. 9,000 47,250 RLI Corp. (a).......................................... 2,515 126,253 Safety Insurance Group, Inc. .......................... 2,110 65,579 Selective Insurance Group, Inc. ....................... 6,865 83,478 StanCorp Financial Group, Inc. (a)..................... 6,320 143,970 State Auto Financial Corp. ............................ 1,775 31,240 Stewart Information Services Corp. (a)................. 2,202 42,939 The Phoenix Cos., Inc. (a)............................. 12,433 14,547 United Fire & Casualty Co. (a)......................... 3,006 66,012 Unitrin, Inc. (a)...................................... 5,914 82,678 Validus Holdings, Ltd. (a)............................. 4,133 97,869 XL Capital, Ltd. (Class A)............................. 42,700 233,142 Zenith National Insurance Corp. ....................... 4,793 115,559 ------------ 4,173,996 ------------ INTERNET SOFTWARE & SERVICES -- 0.1% United Online, Inc. (a)................................ 10,516 46,901 ------------ IT SERVICES -- 1.0% CACI International, Inc. (Class A) (a)(b).............. 3,900 142,311 Convergys Corp. (a)(b)................................. 14,787 119,479 CSG Systems International, Inc. (b).................... 4,535 64,760 infoUSA, Inc. (b)...................................... 3,883 16,153 MAXIMUS, Inc. (a)...................................... 2,235 89,087 MoneyGram International, Inc. (a)(b)................... 10,164 11,993 Unisys Corp. (a)(b).................................... 42,290 22,414 VeriFone Holdings, Inc. (b)............................ 9,600 65,280 ------------ 531,477 ------------ LEISURE EQUIPMENT & PRODUCTS -- 0.7% Brunswick Corp. (a).................................... 11,321 39,057 Callaway Golf Co. (a).................................. 8,303 59,616 Eastman Kodak Co. (a).................................. 34,700 131,860 JAKKS Pacific, Inc. (a)(b)............................. 3,494 43,151 Leapfrog Enterprises, Inc. (a)(b)...................... 4,300 5,934 Polaris Industries, Inc. (a)........................... 4,228 90,648 RC2 Corp. (a)(b)....................................... 2,019 10,640 ------------ 380,906 ------------
74 SPDR DOW JONES SMALL CAP VALUE ETF (FORMERLY SPDR DJ WILSHIRE SMALL CAP VALUE ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- ---------- ------------ LIFE SCIENCES TOOLS & SERVICES -- 0.7% AMAG Pharmaceuticals, Inc. (a)(b)...................... 2,231 $ 82,034 Bio-Rad Laboratories, Inc. (Class A) (b)............... 2,500 164,750 Cambrex Corp. (b)...................................... 3,330 7,592 Varian, Inc. (b)....................................... 3,712 88,123 ------------ 342,499 ------------ MACHINERY -- 3.6% Albany International Corp. (Class A) (a)............... 3,412 30,879 Ampco-Pittsburgh Corp. (a)............................. 967 12,822 Astec Industries, Inc. (a)(b).......................... 2,231 58,519 Barnes Group, Inc. (a)................................. 5,608 59,950 Blount International, Inc. (a)(b)...................... 4,444 20,531 Briggs & Stratton Corp. (a)............................ 6,362 104,973 Cascade Corp. (a)...................................... 1,122 19,781 CIRCOR International, Inc. (a)......................... 2,136 48,103 Colfax Corp. (a)(b).................................... 3,377 23,200 Crane Co. (a).......................................... 6,735 113,687 EnPro Industries, Inc. (a)(b).......................... 2,605 44,545 Federal Signal Corp. (a)............................... 6,150 32,410 Freightcar America, Inc. (a)........................... 1,407 24,665 IDEX Corp. (a)......................................... 10,650 232,915 Kaydon Corp. .......................................... 4,466 122,056 Kennametal, Inc. (a)................................... 9,452 153,217 Mueller Industries, Inc. .............................. 4,809 104,307 Mueller Water Products, Inc. (Class A) (a)............. 14,832 48,946 NACCO Industries, Inc. (a)............................. 713 19,379 Oshkosh Corp. ......................................... 9,600 64,704 Robbins & Myers, Inc. (a).............................. 3,353 50,865 Sauer-Danfoss, Inc. (a)................................ 1,299 3,170 Tecumseh Products Co. (Class A) (a)(b)................. 1,806 8,163 Tennant Co. (a)........................................ 2,169 20,324 The Greenbrier Cos., Inc. (a).......................... 1,712 6,266 The Timken Co. ........................................ 9,968 139,153 Trinity Industries, Inc. (a)........................... 10,321 94,334 Valmont Industries, Inc. (a)........................... 2,460 123,517 Watts Water Technologies, Inc. (a)..................... 3,758 73,506 ------------ 1,858,887 ------------ MARINE -- 0.4% Alexander & Baldwin, Inc. (a).......................... 5,371 102,210 Eagle Bulk Shipping, Inc. (a).......................... 6,256 26,588 Excel Maritime Carriers, Ltd. (a)...................... 4,664 21,082 Genco Shipping & Trading, Ltd. (a)..................... 4,071 50,236 ------------ 200,116 ------------ MEDIA -- 1.0% Belo Corp. ............................................ 10,475 6,390 Cox Radio, Inc. (Class A) (a)(b)....................... 2,109 8,647 Cumulus Media, Inc. (a)(b)............................. 3,923 3,962 Fisher Communications, Inc. (a)........................ 775 7,564 Gannett Co., Inc. (a).................................. 29,700 65,340 Harte-Hanks, Inc. (a).................................. 5,144 27,520 Hearst-Argyle Television, Inc. (a)..................... 2,883 11,993 Journal Communications, Inc. (a)....................... 4,317 3,238 Meredith Corp. (a)..................................... 4,728 78,674 Regal Entertainment Group (a).......................... 10,074 135,092 Scholastic Corp. (a)................................... 4,113 61,983 Sinclair Broadcast Group, Inc. (a)..................... 6,042 6,223 The New York Times Co. (Class A) (a)................... 14,929 67,479 Valassis Communications, Inc. (b)...................... 5,106 8,017 Value Line, Inc. ...................................... 200 5,468 World Wrestling Entertainment, Inc. (Class A) (a)...... 2,529 29,185 ------------ 526,775 ------------ METALS & MINING -- 1.2% AMCOL International Corp. (a).......................... 3,274 48,586 Carpenter Technology Corp. (a)......................... 5,676 80,145 Century Aluminum Co. (a)(b)............................ 7,169 15,127 Commercial Metals Co. (a).............................. 14,470 167,128 Haynes International, Inc. (b)......................... 1,592 28,369 Kaiser Aluminum Corp. (a).............................. 2,048 47,350 Olympic Steel, Inc. ................................... 1,260 19,114 RTI International Metals, Inc. (a)(b).................. 2,944 34,445 Schnitzer Steel Industries, Inc. (Class A) (a)......... 2,667 83,717 US Gold Corp. (b)...................................... 7,500 15,300 WHX Corp. (a)(b)....................................... 3,658 24,509 Worthington Industries, Inc. (a)....................... 8,260 71,945 ------------ 635,735 ------------ MULTI-UTILITIES -- 0.9% Avista Corp. .......................................... 6,997 96,419 Black Hills Corp. (a).................................. 4,923 88,072 CH Energy Group, Inc. (a).............................. 2,053 96,286 NorthWestern Corp. .................................... 4,652 99,925 PNM Resources, Inc. ................................... 10,142 83,773 ------------ 464,475 ------------ MULTILINE RETAIL -- 0.6% Big Lots, Inc. (a)(b).................................. 10,531 218,834 Dillard's, Inc. (Class A) (a).......................... 7,763 44,249 Saks, Inc. (a)(b)...................................... 16,174 30,246 ------------ 293,329 ------------ OIL, GAS & CONSUMABLE FUELS -- 6.0% Alliance Holdings GP LP (a)............................ 2,200 35,354 Alliance Resource Partners LP.......................... 2,657 77,319 Atlas Energy Resources LLC (a)......................... 4,400 46,420 Atlas Pipeline Partners LP (a)......................... 5,457 21,391 BP Prudhoe Bay Royalty Trust (a)....................... 2,778 180,876 BreitBurn Energy Partners LP (a)....................... 6,800 44,404 Buckeye GP Holdings LP................................. 1,449 23,300 Calumet Specialty Products Partners LP (a)............. 1,949 21,244 Capital Product Partners LP............................ 1,512 10,433 Clayton Williams Energy, Inc. (a)(b)................... 1,262 36,901 Contango Oil & Gas Co. (a)(b).......................... 1,741 68,247 Copano Energy LLC...................................... 5,524 73,580 Crosstex Energy LP..................................... 4,563 8,670 Crosstex Energy, Inc. (a).............................. 5,900 9,676 DCP Midstream Partners LP.............................. 3,138 44,120 DHT Maritime, Inc. (a)................................. 5,026 19,300 Dorchester Minerals LP (a)............................. 3,456 56,436 Encore Acquisition Co. (a)(b).......................... 6,496 151,162 Encore Energy Partners LP.............................. 3,589 51,179 EV Energy Partner LP (a)............................... 1,704 24,708 Foundation Coal Holdings, Inc. (a)..................... 5,800 83,230 General Maritime Corp. ................................ 6,721 47,047 Genesis Energy LP...................................... 3,900 39,897
75 SPDR DOW JONES SMALL CAP VALUE ETF (FORMERLY SPDR DJ WILSHIRE SMALL CAP VALUE ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- ---------- ------------ Harvest Natural Resources, Inc. (a)(b)................. 4,050 $ 13,730 Hiland Partners LP..................................... 715 5,656 Holly Energy Partners LP (a)........................... 967 22,454 Hugoton Royalty Trust (a).............................. 5,152 49,253 Inergy Holdings LP (a)................................. 1,340 40,803 Inergy LP (a).......................................... 5,960 130,643 James River Coal Co. (a)(b)............................ 3,580 44,177 K-Sea Transportation Partners LP (a)................... 1,668 29,524 Linn Energy LLC (a).................................... 14,083 209,837 Markwest Energy Partners LP (a)........................ 6,305 73,075 Martin Midstream Partners LP (a)....................... 1,232 23,125 Massey Energy Co. ..................................... 10,900 110,308 Natural Resource Partners LP (a)....................... 4,112 91,821 NuStar GP Holdings LLC (a)............................. 4,461 91,941 OSG America LP......................................... 968 7,889 Overseas Shipholding Group, Inc. (a)................... 2,751 62,365 Penn Virginia Resource Partners LP..................... 4,088 46,603 Pioneer Southwest Energy Partners LP................... 1,066 16,789 Ship Finance International, Ltd. (a)................... 5,152 33,797 Southern Union Co. (a)................................. 13,431 204,420 Stone Energy Corp. (a)(b).............................. 3,946 13,140 Sunoco Logistics Partners LP........................... 2,085 107,523 TC Pipelines LP (a).................................... 2,054 61,106 Teekay Corp. (a)....................................... 5,500 78,265 Teekay LNG Partners LP (a)............................. 2,219 37,257 TransMontaigne Partners LP............................. 1,200 20,124 USEC, Inc. (a)(b)...................................... 14,237 68,338 W&T Offshore, Inc. (a)................................. 3,189 19,612 Walter Industries, Inc. (a)............................ 7,000 160,090 Williams Partners LP (a)............................... 5,247 58,557 ------------ 3,107,116 ------------ PAPER & FOREST PRODUCTS -- 0.5% Buckeye Technologies, Inc. (a)(b)...................... 4,458 9,496 Clearwater Paper Corp (a)(b)........................... 1,308 10,503 Deltic Timber Corp. (a)................................ 1,445 56,948 Domtar Corp. (b)....................................... 63,400 60,230 Glatfelter (a)......................................... 5,809 36,248 Louisiana-Pacific Corp. (a)............................ 13,836 30,854 Neenah Paper, Inc. (a)................................. 1,664 6,040 Schweitzer-Mauduit International, Inc. (a)............. 2,055 37,935 Wausau-Mosinee Paper Corp. ............................ 6,383 33,575 ------------ 281,829 ------------ PERSONAL PRODUCTS -- 0.1% Nu Skin Enterprises, Inc. (Class A).................... 6,733 70,629 ------------ PHARMACEUTICALS -- 0.1% Par Pharmaceutical Cos., Inc. (a)(b)................... 4,458 42,217 ------------ PROFESSIONAL SERVICES -- 0.2% CDI Corp. (a).......................................... 1,484 14,425 Kelly Services, Inc. (Class A) (a)..................... 3,578 28,803 School Specialty, Inc. (a)(b).......................... 2,068 36,376 Volt Information Sciences, Inc. (a)(b)................. 1,148 7,634 ------------ 87,238 ------------ REAL ESTATE INVESTMENT TRUSTS -- 10.8% Acadia Realty Trust (a)................................ 3,979 42,217 Alexandria Real Estate Equities, Inc. (a).............. 5,024 182,874 American Campus Communities, Inc. (a).................. 5,429 94,247 American Capital Agency Corp. ......................... 1,300 22,243 Anthracite Capital, Inc. (a)........................... 8,427 2,865 Anworth Mortgage Asset Corp. .......................... 12,807 78,507 Apartment Investment & Management Co. (Class A) (a).... 15,100 82,748 Ashford Hospitality Trust, Inc. (a).................... 12,440 19,158 Brandywine Realty Trust (a)............................ 11,419 32,544 BRE Properties, Inc. (a)............................... 6,652 130,579 Camden Property Trust.................................. 6,800 146,744 Capital Lease Funding, Inc. (a)........................ 6,461 12,728 CapitalSource, Inc. (a)................................ 29,600 36,112 Capstead Mortgage Corp. ............................... 7,626 81,903 CBL & Associates Properties, Inc. (a).................. 8,870 20,933 Chimera Investment Corp. (a)........................... 22,921 77,015 Colonial Properties Trust (a).......................... 5,579 21,256 Cousins Properties, Inc. (a)........................... 5,301 34,138 DCT Industrial Trust, Inc. (a)......................... 22,142 70,190 Developers Diversified Realty Corp. (a)................ 15,400 32,802 DiamondRock Hospitality Co. (a)........................ 11,641 46,680 Douglas Emmett, Inc. (a)............................... 14,071 103,985 Duke Realty Corp. (a).................................. 18,800 103,400 DuPont Fabros Technology, Inc. (a)..................... 4,256 29,281 EastGroup Properties, Inc. (a)......................... 3,194 89,656 Education Realty Trust, Inc. (a)....................... 3,275 11,430 Entertainment Properties Trust (a)..................... 4,262 67,169 Equity One, Inc. (a)................................... 4,395 53,575 Essex Property Trust, Inc. (a)......................... 3,426 196,447 Extra Space Storage, Inc. (a).......................... 11,037 60,814 FelCor Lodging Trust, Inc. (a)......................... 7,185 9,772 First Industrial Realty Trust, Inc. (a)................ 5,079 12,444 First Potomac Realty Trust............................. 3,568 26,225 Franklin Street Properties Corp. (a)................... 8,274 101,770 Getty Realty Corp. (a)................................. 2,257 41,416 Hatteras Financial Corp. (a)........................... 4,644 116,054 Healthcare Realty Trust, Inc. (a)...................... 7,586 113,714 Highwoods Properties, Inc. (a)......................... 8,227 176,222 Home Properties, Inc. (a).............................. 4,130 126,585 Hospitality Properties Trust (a)....................... 12,118 145,416 HRPT Properties Trust (a).............................. 29,150 92,989 Inland Real Estate Corp. (a)........................... 7,693 54,543 Investors Real Estate Trust (a)........................ 7,565 74,591 iStar Financial, Inc. (a).............................. 14,880 41,813 Kilroy Realty Corp. (a)................................ 4,253 73,109 Kite Realty Group Trust (a)............................ 3,931 9,631 LaSalle Hotel Properties (a)........................... 5,461 31,892 Lexington Realty Trust (a)............................. 10,036 23,886 LTC Properties, Inc. .................................. 2,702 47,393 Mack-Cali Realty Corp. ................................ 8,500 168,385 Maguire Properties, Inc. (a)(b)........................ 3,950 2,844 Medical Properties Trust, Inc. (a)..................... 9,911 36,175 MFA Financial, Inc. ................................... 28,724 168,897 Mid-America Apartment Communities, Inc. (a)............ 3,673 113,239 National Health Investors, Inc. (a).................... 2,979 80,046 National Retail Properties, Inc. (a)................... 10,161 160,950 NorthStar Realty Finance Corp. (a)..................... 7,223 16,757 Omega Healthcare Investors, Inc. (a)................... 10,590 149,107 Parkway Properties, Inc. (a)........................... 2,076 21,383 Pennsylvania Real Estate Investment Trust (a).......... 4,519 16,042
76 SPDR DOW JONES SMALL CAP VALUE ETF (FORMERLY SPDR DJ WILSHIRE SMALL CAP VALUE ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- ---------- ------------ Post Properties, Inc. (a).............................. 5,688 $ 57,676 Potlatch Corp. ........................................ 5,081 117,828 PS Business Parks, Inc. ............................... 2,024 74,584 RAIT Investment Trust (a).............................. 7,012 8,555 Ramco-Gershenson Properties Trust (a).................. 2,124 13,700 Redwood Trust, Inc. (a)................................ 6,600 101,310 Saul Centers, Inc. .................................... 1,510 34,685 Senior Housing Properties Trust........................ 15,456 216,693 SL Green Realty Corp. (a).............................. 7,400 79,920 Sovran Self Storage, Inc. ............................. 2,856 57,348 Strategic Hotels & Resorts, Inc. (a)................... 8,569 5,913 Sun Communities, Inc. (a).............................. 2,200 26,026 Sunstone Hotel Investors, Inc. (a)..................... 6,305 16,582 The Macerich Co. (a)................................... 9,800 61,348 U-Store-It Trust....................................... 5,464 11,037 UDR, Inc. (a).......................................... 17,600 151,536 Universal Health Realty Income Trust................... 1,397 40,834 Urstadt Biddle Properties (a).......................... 486 6,512 Urstadt Biddle Properties (Class A) (a)................ 2,334 31,322 Washington Real Estate Investment Trust (a)............ 6,775 117,208 Weingarten Realty Investors (a)........................ 10,400 99,008 ------------ 5,567,155 ------------ REAL ESTATE MANAGEMENT & DEVELOPMENT -- 0.3% Avatar Holdings, Inc. (b).............................. 668 10,006 Forest City Enterprises, Inc. (Class A) (a)............ 9,000 32,400 Forestar Real Estate Group, Inc. (a)(b)................ 4,331 33,132 Jones Lang LaSalle, Inc. (a)........................... 4,449 103,484 ------------ 179,022 ------------ ROAD & RAIL -- 0.7% Amerco, Inc. (a)(b).................................... 749 25,114 Arkansas Best Corp. (a)................................ 2,984 56,756 Avis Budget Group, Inc. (b)............................ 11,995 10,916 Con-way, Inc. (a)...................................... 5,982 107,257 Patriot Transportation Holding, Inc. (a)(b)............ 200 12,464 Werner Enterprises, Inc. (a)........................... 6,635 100,321 YRC Worldwide, Inc. (a)(b)............................. 7,660 34,393 ------------ 347,221 ------------ SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT -- 0.4% Actel Corp. (a)(b)..................................... 3,304 33,436 DSP Group, Inc. (a)(b)................................. 3,113 13,448 Exar Corp. (a)(b)...................................... 4,690 29,266 Fairchild Semiconductor International, Inc. (b)........ 16,033 59,803 Lattice Semiconductor Corp. (a)(b)..................... 13,633 18,814 Veeco Instruments, Inc. (a)(b)......................... 4,236 28,254 ------------ 183,021 ------------ SOFTWARE -- 1.2% Compuware Corp. (a)(b)................................. 31,805 209,595 Fair Isaac Corp. ...................................... 6,300 88,641 JDA Software Group, Inc. (b)........................... 4,000 46,200 Novell, Inc. (b)....................................... 44,596 189,979 Renaissance Learning, Inc. ............................ 871 7,813 Take-Two Interactive Software, Inc. (a)................ 9,977 83,308 ------------ 625,536 ------------ SPECIALTY RETAIL -- 3.2% Asbury Automotive Group, Inc. (a)...................... 3,664 15,792 AutoNation, Inc. (a)(b)................................ 14,348 199,150 Barnes & Noble, Inc. (a)............................... 4,886 104,463 Brown Shoe Co., Inc. (a)............................... 5,011 18,791 Collective Brands, Inc. (a)(b)......................... 8,231 80,170 Foot Locker, Inc. ..................................... 20,035 209,967 Genesco, Inc. (a)(b)................................... 2,522 47,489 Group 1 Automotive, Inc. (a)........................... 3,106 43,391 Jo-Ann Stores, Inc. (a)(b)............................. 3,264 53,334 OfficeMax, Inc. (a).................................... 9,843 30,710 Penske Automotive Group, Inc. (a)...................... 5,150 48,050 RadioShack Corp. (a)................................... 16,183 138,688 Rent-A-Center, Inc. (a)(b)............................. 8,611 166,795 Sally Beauty Holdings, Inc. (a)(b)..................... 10,824 61,480 Signet Jewelers, Ltd. ................................. 11,000 125,950 Stage Stores, Inc. .................................... 4,932 49,715 Talbots, Inc. ......................................... 2,626 9,217 The Buckle, Inc. (a)................................... 3,069 97,993 The Cato Corp. (Class A)............................... 3,567 65,205 The Children's Place Retail Stores, Inc. (a)(b)........ 3,100 67,859 The Pep Boys -- Manny, Moe & Jack (a).................. 5,852 25,807 ------------ 1,660,016 ------------ TEXTILES, APPAREL & LUXURY GOODS -- 1.4% Columbia Sportswear Co. (a)............................ 1,945 58,194 Hanesbrands, Inc. (a)(b)............................... 12,120 115,988 Jones Apparel Group, Inc. (a).......................... 11,019 46,500 Kenneth Cole Productions, Inc. (Class A) (a)........... 931 5,949 Liz Claiborne, Inc. (a)................................ 12,638 31,216 Movado Group, Inc. (a)................................. 2,153 16,234 Oxford Industries, Inc. (a)............................ 1,609 9,928 Phillips-Van Heusen Corp. (a).......................... 6,601 149,711 Skechers USA, Inc. (a)(b).............................. 4,246 28,321 The Timberland Co. (Class A) (a)(b).................... 6,109 72,941 UniFirst Corp. (a)..................................... 1,712 47,662 Weyco Group, Inc. (a).................................. 1,300 33,696 Wolverine World Wide, Inc. (a)......................... 6,317 98,419 ------------ 714,759 ------------ THRIFTS & MORTGAGE FINANCE -- 2.5% Astoria Financial Corp. (a)............................ 11,309 103,930 Bank Mutual Corp. (a).................................. 6,308 57,150 BankFinancial Corp. (a)................................ 2,600 25,922 Berkshire Hills Bancorp, Inc. ......................... 1,500 34,380 Brookline Bancorp, Inc. (a)............................ 7,567 71,887 Clifton Savings Bancorp, Inc. (a)...................... 1,264 12,640 Danvers Bancorp, Inc. ................................. 2,300 31,763 Dime Community Bancshares (a).......................... 3,974 37,276 Doral Financial Corp. (a)(b)........................... 500 900 Fannie Mae (a)......................................... 139,030 97,321 First Financial Holdings, Inc. (a)..................... 1,390 10,634 First Financial Northwest, Inc. ....................... 2,500 20,850 First Niagara Financial Group, Inc. ................... 15,284 166,596 Flushing Financial Corp. (a)........................... 2,303 13,864
77 SPDR DOW JONES SMALL CAP VALUE ETF (FORMERLY SPDR DJ WILSHIRE SMALL CAP VALUE ETF) SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- ---------- ------------ Freddie Mac (a)........................................ 83,466 $ 63,434 Guaranty Financial Group, Inc. (a)(b).................. 7,468 7,841 Kearny Financial Corp. (a)............................. 2,793 29,271 Meridian Interstate Bancorp, Inc. (a)(b)............... 1,300 10,946 MGIC Investment Corp. (a).............................. 14,831 21,060 Northwest Bancorp, Inc. (a)............................ 2,507 42,368 Provident Financial Services, Inc. (a)................. 7,194 77,767 Provident New York Bancorp............................. 4,962 42,425 Radian Group, Inc. (a)................................. 9,223 16,786 Rockville Financial, Inc. (a).......................... 1,100 10,010 Roma Financial Corp. (a)............................... 934 12,095 The PMI Group, Inc. (a)................................ 9,315 5,775 TrustCo Bank Corp. NY (a).............................. 9,733 58,593 Washington Federal, Inc. (a)........................... 11,350 150,841 Westfield Financial, Inc. ............................. 3,800 33,440 WSFS Financial Corp. .................................. 714 15,965 ------------ 1,283,730 ------------ TOBACCO -- 0.5% Alliance One International, Inc. (b)................... 10,455 40,147 Star Scientific, Inc. (a)(b)........................... 9,000 38,520 Universal Corp. (a).................................... 3,271 97,868 Vector Group, Ltd. (a)................................. 4,930 64,041 ------------ 240,576 ------------ TRADING COMPANIES & DISTRIBUTORS -- 0.9% Aceto Corp. ........................................... 3,200 19,072 Aircastle, Ltd. (a).................................... 5,702 26,514 Applied Industrial Technologies, Inc. (a).............. 4,979 83,996 GATX Corp. (a)......................................... 5,544 112,155 Kaman Corp. (Class A) (a).............................. 3,239 40,617 Lawson Products, Inc. ................................. 499 6,073 TAL International Group, Inc. ......................... 1,700 12,444 Textainer Group Holdings, Ltd. (a)..................... 2,047 13,817 United Rentals, Inc. (a)(b)............................ 6,669 28,077 Watsco, Inc. (a)....................................... 3,196 108,760 ------------ 451,525 ------------ TRANSPORTATION INFRASTRUCTURE -- 0.0% (c) Macquarie Infrastructure Co. LLC (a)................... 5,193 7,166 ------------ WATER UTILITIES -- 0.5% American States Water Co. (a).......................... 2,247 81,611 California Water Service Group (a)..................... 2,470 103,394 Connecticut Water Service, Inc. (a).................... 1,100 22,308 Middlesex Water Co. ................................... 1,600 23,040 SJW Corp. (a).......................................... 1,673 42,545 ------------ 272,898 ------------ WIRELESS TELECOMMUNICATION SERVICES -- 0.1% USA Mobility, Inc. (a)................................. 2,978 27,427 ------------ TOTAL COMMON STOCKS -- (Cost $94,969,510)................................... 51,478,421 ------------ RIGHTS -- 0.0% (c) INSURANCE -- 0.0% (c) United America Industry, Ltd. (b) (expiring 4/6/09) (Cost $0)............................................ 2,050 961 ------------ SHORT TERM INVESTMENTS -- 27.7% MONEY MARKET FUNDS -- 27.7% State Street Navigator Securities Lending Prime Portfolio (e)(f)..................................... 13,795,944 13,795,944 STIC Prime Portfolio................................... 537,653 537,653 ------------ TOTAL SHORT TERM INVESTMENTS -- (Cost $14,333,597)................................... 14,333,597 ------------ TOTAL INVESTMENTS -- 127.4% (Cost $109,303,107).................................. 65,812,979 OTHER ASSETS AND LIABILITIES -- (27.4)%................ (14,152,706) ------------ NET ASSETS -- 100.0%................................... $ 51,660,273 ============
(a) Security, or portion thereof, was on loan at March 31, 2009. (b) Non-income producing security. (c) Amount represents less than 0.05% of net assets. (d) Security is valued at fair value as determined in good faith by Trust's Pricing and investment Committee in accordance with procedures approved by the Board of Trustees. (e) Investments of cash collateral for securities loaned. (f) Affiliated Fund managed by SSgA Funds Management, Inc. 78 SPDR DJ GLOBAL TITANS ETF SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ----------- COMMON STOCKS -- 99.3% AUSTRALIA -- 1.7% BHP Billiton Ltd. ADR.................................. 26,623 $ 1,187,386 ----------- BRAZIL -- 0.9% Petroleo Brasileiro SA ADR............................. 24,577 602,137 ----------- FINLAND -- 1.0% Nokia Oyj ADR.......................................... 60,320 703,935 ----------- FRANCE -- 5.4% BNP Paribas SA......................................... 13,617 562,628 France Telecom SA ADR.................................. 30,148 683,154 Sanofi-Aventis SA ADR.................................. 32,837 917,137 Total SA ADR........................................... 33,353 1,636,298 ----------- 3,799,217 ----------- GERMANY -- 3.0% Allianz SE ADR......................................... 71,793 600,190 E.ON AG................................................ 28,904 802,439 Siemens AG ADR......................................... 12,961 738,388 ----------- 2,141,017 ----------- ITALY -- 1.1% Eni SpA ADR............................................ 19,338 741,032 ----------- JAPAN -- 3.5% Mitsubishi UFJ Financial Group, Inc. ADR (a)........... 183,543 903,031 Toyota Motor Corp. ADR (a)............................. 23,986 1,518,314 ----------- 2,421,345 ----------- NETHERLANDS ANTILLES -- 1.1% Schlumberger, Ltd. (a)................................. 18,939 769,302 ----------- SOUTH KOREA -- 1.1% Samsung Electronics Co., Ltd. GDR*..................... 3,953 807,400 ----------- SPAIN -- 3.1% Banco Santander SA ADR (a)............................. 129,328 892,363 Telefonica SA ADR...................................... 21,705 1,294,052 ----------- 2,186,415 ----------- SWITZERLAND -- 7.1% Nestle SA.............................................. 57,735 1,953,866 Novartis AG ADR........................................ 38,844 1,469,468 Roche Holding AG....................................... 11,150 1,531,709 ----------- 4,955,043 ----------- UNITED KINGDOM -- 11.6% BP PLC ADR (a)......................................... 49,645 1,990,764 GlaxoSmithKline PLC ADR................................ 45,350 1,409,025 HSBC Holdings PLC ADR (a).............................. 54,665 1,542,646 Rio Tinto PLC ADR (a).................................. 3,506 470,014 Royal Dutch Shell PLC ADR.............................. 28,148 1,246,956 Vodafone Group PLC ADR................................. 83,810 1,459,970 ----------- 8,119,375 ----------- UNITED STATES -- 58.7% Abbott Laboratories.................................... 24,401 1,163,928 Apple, Inc. (a)(b)..................................... 14,136 1,485,976 AT&T, Inc. ............................................ 94,246 2,374,999 Bank of America Corp. (a).............................. 101,641 693,192 Chevron Corp. (a)...................................... 31,827 2,140,047 Cisco Systems, Inc. (b)................................ 93,404 1,566,385 ConocoPhillips......................................... 21,913 858,113 Exxon Mobil Corp. ..................................... 78,387 5,338,155 General Electric Co. (a)............................... 167,655 1,694,992 Hewlett-Packard Co. ................................... 38,194 1,224,500 Intel Corp. ........................................... 88,297 1,328,870 International Business Machines Corp. ................. 21,463 2,079,550 Johnson & Johnson...................................... 43,906 2,309,455 JPMorgan Chase & Co. .................................. 59,187 1,573,190 Merck & Co., Inc. (a).................................. 33,524 896,767 Microsoft Corp. (a).................................... 125,610 2,307,456 Oracle Corp. (b)....................................... 61,510 1,111,486 PepsiCo, Inc. ......................................... 24,844 1,278,969 Pfizer, Inc. .......................................... 106,962 1,456,822 Philip Morris International, Inc. ..................... 32,153 1,144,004 Procter & Gamble Co. .................................. 46,475 2,188,508 The Coca-Cola Co. ..................................... 33,743 1,483,005 Verizon Communications, Inc. .......................... 45,414 1,371,503 Wal-Mart Stores, Inc. ................................. 38,766 2,019,709 ----------- 41,089,581 ----------- TOTAL COMMON STOCKS -- (Cost $109,282,634).................................. 69,523,185 ----------- RIGHTS -- 0.2% UNITED STATES -- 0.2% HSBC Holdings PLC ADR (a)(b) (expired 3/31/09) (Cost $0)............................................ 15,936 166,850 ----------- SHORT TERM INVESTMENTS -- 11.3% MONEY MARKET FUNDS -- 11.3% State Street Navigator Securities Lending Prime Portfolio (c)(d)..................................... 7,538,505 7,538,505 STIC Prime Portfolio................................... 367,998 367,998 ----------- TOTAL SHORT TERM INVESTMENTS -- (Cost $7,906,503).................................... 7,906,503 ----------- TOTAL INVESTMENTS -- 110.8% (Cost $117,189,137)........ 77,596,538 OTHER ASSET AND LIABILITIES -- (10.8)%............................... (7,560,088) ----------- NET ASSETS -- 100.0%................................... $70,036,450 ===========
(a) Security, or portion thereof, was on loan at March 31, 2009. (b) Non-income producing security. (c) Investments of cash collateral for securities loaned. (d) Affiliated Fund managed by SSgA Funds Management, Inc. ADR = American Depositary Receipt GDR = Global Depositary Receipts * Security purchased pursuant to Rule 144A of the Securities Act of 1933. This security, which represents 1.2% of net assets as of March 31, 2009, is considered liquid and may be resold in transactions exempt from registration, normally to qualified institutional buyers. 79 SPDR DJ GLOBAL TITANS ETF SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - -------------------------------------------------------------------------------- INDUSTRY BREAKDOWN AS OF MARCH 31, 2009*
PERCENT OF INDUSTRY NET ASSETS - -------- ---------- Oil, Gas & Consumable Fuels............................ 20.8% Pharmaceuticals........................................ 15.9 Diversified Telecommunication Services................. 8.2 Computers & Peripherals................................ 6.8 Commercial Banks....................................... 5.8 Software............................................... 4.9 Beverages.............................................. 3.9 Industrial Conglomerates............................... 3.5 Communications Equipment............................... 3.2 Diversified Financial Services......................... 3.2 Household Products..................................... 3.1 Semiconductors & Semiconductor Equipment............... 3.1 Food & Staples Retailing............................... 2.9 Food Products.......................................... 2.8 Metals & Mining........................................ 2.4 Automobiles............................................ 2.2 Wireless Telecommunication Services.................... 2.1 Tobacco................................................ 1.6 Electric Utilities..................................... 1.1 Energy Equipment & Services............................ 1.1 Insurance.............................................. 0.9 Short-Term Investments................................. 11.3 Other Assets & Liabilities............................. (10.8) ----- TOTAL.................................................. 100.0% =====
* The Fund's industry breakdown is expressed as a percentage of net assets and may change over time. 80 SPDR DOW JONES REIT ETF (FORMERLY SPDR DJ WILSHIRE REIT ETF) SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- ----------- ------------- COMMON STOCKS -- 101.2% DIVERSIFIED REITS -- 8.7% Colonial Properties Trust(a)........................... 304,821 $ 1,161,368 Liberty Property Trust................................. 712,507 13,494,883 PS Business Parks, Inc. ............................... 111,453 4,107,043 Vornado Realty Trust (a)............................... 1,064,373 35,379,758 Washington Real Estate Investment Trust (a)............ 380,560 6,583,688 ------------- 60,726,740 ------------- INDUSTRIAL REITS -- 5.7% AMB Property Corp. (a)................................. 1,010,896 14,556,903 DCT Industrial Trust, Inc. ............................ 1,247,271 3,953,849 DuPont Fabros Technology, Inc. ........................ 256,808 1,766,839 EastGroup Properties, Inc. ............................ 180,775 5,074,354 First Industrial Realty Trust, Inc. (a)................ 320,811 785,987 First Potomac Realty Trust............................. 198,104 1,456,064 ProLogis (a)........................................... 1,929,959 12,544,734 ------------- 40,138,730 ------------- OFFICE REITS -- 17.1% Alexandria Real Estate Equities, Inc. (a).............. 282,400 10,279,360 BioMed Realty Trust, Inc. ............................. 583,695 3,951,615 Boston Properties, Inc. (a)............................ 864,214 30,273,416 Brandywine Realty Trust................................ 641,753 1,828,996 Corporate Office Properties Trust (a).................. 374,776 9,305,688 Cousins Properties, Inc. (a)........................... 296,965 1,912,455 Digital Realty Trust, Inc. (a)......................... 508,969 16,887,591 Douglas Emmett, Inc. (a)............................... 791,595 5,849,887 Duke Realty Corp. (a).................................. 1,057,719 5,817,454 Highwoods Properties, Inc. ............................ 461,476 9,884,816 HRPT Properties Trust.................................. 1,637,660 5,224,135 Kilroy Realty Corp. (a)................................ 240,345 4,131,531 Mack-Cali Realty Corp. ................................ 477,016 9,449,687 Parkway Properties, Inc. (a)........................... 110,525 1,138,408 SL Green Realty Corp. (a).............................. 414,435 4,475,898 ------------- 120,410,937 ------------- RESIDENTIAL REITS -- 19.1% American Campus Communities, Inc. ..................... 307,341 5,335,440 Apartment Investment & Management Co. (Class A) (a).... 848,934 4,652,158 Associated Estates Realty Corp. ....................... 119,886 680,952 Avalonbay Communities, Inc. (a)........................ 577,092 27,157,950 BRE Properties, Inc. (a)............................... 371,489 7,292,329 Camden Property Trust (a).............................. 382,760 8,259,961 Education Realty Trust, Inc. .......................... 194,686 679,454 Equity Lifestyle Properties, Inc. (a).................. 164,918 6,283,376 Equity Residential (a)................................. 1,969,195 36,134,728 Essex Property Trust, Inc. (a)......................... 194,637 11,160,486 Home Properties, Inc. (a).............................. 234,507 7,187,640 Mid-America Apartment Communities, Inc. ............... 204,774 6,313,182 Post Properties, Inc. (a).............................. 320,476 3,249,627 Sun Communities, Inc. (a).............................. 123,018 1,455,303 UDR, Inc. (a).......................................... 988,245 8,508,789 ------------- 134,351,375 ------------- RETAIL REITS -- 21.0% Acadia Realty Trust.................................... 218,704 2,320,449 Alexander's, Inc. ..................................... 18,867 3,214,559 CBL & Associates Properties, Inc. (a).................. 480,172 1,133,206 Cedar Shopping Centers, Inc. .......................... 320,371 557,446 Developers Diversified Realty Corp. (a)................ 865,016 1,842,484 Equity One, Inc. (a)................................... 246,550 3,005,445 Federal Realty Investment Trust (a).................... 426,824 19,633,904 Inland Real Estate Corp. (a)........................... 432,949 3,069,608 Kimco Realty Corp. (a)................................. 1,675,811 12,769,680 Kite Realty Group Trust................................ 246,323 603,491 Pennsylvania Real Estate Investment Trust (a).......... 288,135 1,022,879 Ramco-Gershenson Properties Trust (a).................. 133,769 862,810 Regency Centers Corp. (a).............................. 502,741 13,357,828 Saul Centers, Inc. .................................... 82,842 1,902,881 Simon Property Group, Inc. (a)......................... 1,725,907 59,785,419 Tanger Factory Outlet Centers, Inc. (a)................ 229,695 7,088,388 Taubman Centers, Inc. (a).............................. 382,257 6,513,659 The Macerich Co. (a)................................... 552,971 3,461,599 Weingarten Realty Investors (a)........................ 586,992 5,588,164 ------------- 147,733,899 ------------- SPECIALIZED REITS -- 29.6% Ashford Hospitality Trust, Inc. (a).................... 671,861 1,034,666 DiamondRock Hospitality Co. ........................... 654,225 2,623,442 Extra Space Storage, Inc. ............................. 621,084 3,422,173 FelCor Lodging Trust, Inc. (a)......................... 455,497 619,476 HCP, Inc. (a).......................................... 1,835,474 32,763,211 Health Care REIT, Inc. ................................ 804,482 24,609,104 Healthcare Realty Trust, Inc. (a)...................... 427,297 6,405,182 Hersha Hospitality Trust............................... 348,640 662,416 Hospitality Properties Trust (a)....................... 681,646 8,179,752 Host Hotels & Resorts, Inc. (a)........................ 3,783,985 14,833,221 LaSalle Hotel Properties (a)........................... 297,177 1,735,514 Nationwide Health Properties, Inc. .................... 743,559 16,499,574 Public Storage (a)..................................... 933,832 51,594,218 Senior Housing Properties Trust........................ 872,111 12,226,996 Sovran Self Storage, Inc. ............................. 158,755 3,187,801 Sunstone Hotel Investors, Inc. (a)..................... 390,375 1,026,686 U-Store-It Trust....................................... 347,485 701,920 Universal Health Realty Income Trust................... 79,696 2,329,514 Ventas, Inc. (a)....................................... 1,037,951 23,468,072 ------------- 207,922,938 ------------- TOTAL COMMON STOCKS -- (Cost $1,724,219,345)........... 711,284,619 ------------- SHORT TERM INVESTMENTS -- 16.0% MONEY MARKET FUNDS -- 16.0% State Street Navigator Securities Lending Prime Portfolio (b)(c)..................................... 109,802,168 109,802,168 STIC Prime Portfolio................................... 2,237,886 2,237,886 ------------- TOTAL SHORT TERM INVESTMENTS -- (Cost $112,040,054).................................. 112,040,054 ------------- TOTAL INVESTMENTS -- 117.2% (Cost $1,836,259,399)................................ 823,324,673 OTHER ASSETS AND LIABILITIES -- (17.2)%............................... (120,728,484) ------------- NET ASSETS -- 100.0%................................... $ 702,596,189 =============
(a) Security, or portion thereof, was on loan at March 31, 2009. (b) Investments of cash collateral for securities loaned. (c) Affiliated Fund managed by SSgA Funds Management, Inc. REIT = Real Estate Investment Trust 81 SPDR KBW BANK ETF SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- ----------- ------------- COMMON STOCKS -- 99.7% ASSET MANAGEMENT & CUSTODY BANKS -- 16.0% Northern Trust Corp. .................................. 364,694 $ 21,815,995 State Street Corp. (a)................................. 856,864 26,374,274 The Bank of New York Mellon Corp. ..................... 1,517,125 42,858,781 ------------- 91,049,050 ------------- CONSUMER FINANCE -- 2.9% Capital One Financial Corp. (b)........................ 1,346,263 16,478,259 ------------- DIVERSIFIED BANKS -- 18.4% Comerica, Inc. (b)..................................... 1,156,663 21,178,500 U.S. Bancorp (b)....................................... 2,868,941 41,915,228 Wells Fargo & Co. (b).................................. 2,948,421 41,985,515 ------------- 105,079,243 ------------- OTHER DIVERSIFIED FINANCIAL SERVICES -- 20.7% Bank of America Corp. (b).............................. 6,967,682 47,519,591 Citigroup, Inc. (b).................................... 9,270,448 23,454,234 JPMorgan Chase & Co. .................................. 1,756,338 46,683,464 ------------- 117,657,289 ------------- REGIONAL BANKS -- 37.8% BB&T Corp. (b)......................................... 1,354,115 22,911,626 Commerce Bancshares, Inc. (b).......................... 449,401 16,313,256 Cullen/Frost Bankers, Inc. (b)......................... 368,746 17,308,937 Fifth Third Bancorp (b)................................ 4,129,641 12,058,552 Huntington Bancshares, Inc. (b)........................ 4,391,653 7,290,144 Keycorp (b)............................................ 2,636,633 20,750,302 M&T Bank Corp. (b)..................................... 624,620 28,257,809 Marshall & Ilsley Corp. (b)............................ 2,091,714 11,776,350 PNC Financial Services Group, Inc. (b)................. 888,935 26,036,906 Regions Financial Corp. (b)............................ 4,057,901 17,286,658 SunTrust Banks, Inc. .................................. 1,386,496 16,277,463 Synovus Financial Corp. (b)............................ 1,867,277 6,068,650 Zions Bancorp(b)....................................... 1,357,649 13,345,690 ------------- 215,682,343 ------------- THRIFTS & MORTGAGE FINANCE -- 3.9% People's United Financial, Inc. ....................... 1,237,658 22,240,714 ------------- TOTAL COMMON STOCKS -- (Cost $1,279,554,297).......... 568,186,898 ------------- SHORT TERM INVESTMENTS -- 23.3% MONEY MARKET FUNDS -- 23.3% State Street Navigator Securities Lending Prime Portfolio (c)(d)..................................... 126,668,516 126,668,516 STIC Prime Portfolio................................... 6,127,649 6,127,649 ------------- TOTAL SHORT TERM INVESTMENTS -- (Cost $132,796,165).................................. 132,796,165 ------------- TOTAL INVESTMENTS -- 123.0% (Cost $1,412,350,462)...... 700,983,063 OTHER ASSETS AND LIABILITIES -- (23.0)%................ (130,940,576) ------------- NET ASSETS -- 100.0%................................... $ 570,042,487 =============
(a) Affiliated issuer. (See accompanying notes) (b) Security, or portion thereof, was on loan at March 31, 2009. (c) Investments of cash collateral for securities loaned. (d) Affiliated Fund managed by SSgA Funds Management, Inc. 82 SPDR KBW CAPITAL MARKETS ETF SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ----------- COMMON STOCKS -- 99.7% ASSET MANAGEMENT & CUSTODY BANKS -- 23.6% Franklin Resources, Inc. .............................. 34,768 $ 1,872,952 Janus Capital Group, Inc. (a).......................... 205,613 1,367,327 Legg Mason, Inc. (a)................................... 89,479 1,422,716 SEI Investments Co. ................................... 152,702 1,864,491 State Street Corp. (b)................................. 103,824 3,195,703 T. Rowe Price Group, Inc. (a).......................... 65,095 1,878,642 ----------- 11,601,831 ----------- INVESTMENT BANKING & BROKERAGE -- 54.3% Greenhill & Co., Inc. (a).............................. 9,922 732,740 Investment Technology Group, Inc. (c).................. 75,896 1,936,866 Jefferies Group, Inc. (a).............................. 166,072 2,291,794 Knight Capital Group, Inc. (Class A) (a)(c)............ 107,220 1,580,423 Lazard, Ltd. (Class A) (a)............................. 57,944 1,703,554 Morgan Stanley......................................... 157,412 3,584,271 optionsXpress Holdings, Inc. (a)....................... 138,833 1,578,531 Piper Jaffray Co., Inc.(c)............................. 15,588 402,014 Raymond James Financial, Inc. (a)...................... 113,825 2,242,352 Stifel Financial Corp. (a)(c).......................... 22,767 986,039 TD Ameritrade Holding Corp. (c)........................ 157,426 2,174,053 The Charles Schwab Corp. .............................. 236,838 3,670,989 The Goldman Sachs Group, Inc. ......................... 36,741 3,895,281 ----------- 26,778,907 ----------- SPECIALIZED FINANCE -- 21.8% CME Group, Inc. ....................................... 18,645 4,593,942 Interactive Brokers Group, Inc. (Class A) (c).......... 60,024 968,187 Intercontinental Exchange, Inc. (c).................... 28,009 2,085,830 NYSE Euronext.......................................... 78,635 1,407,566 The Nasdaq OMX Group, Inc. (a)(c)...................... 86,119 1,686,210 ----------- 10,741,735 ----------- TOTAL COMMON STOCKS -- (Cost $94,593,579)................................... 49,122,473 ----------- SHORT TERM INVESTMENTS -- 14.3% MONEY MARKET FUNDS -- 14.3% State Street Navigator Securities Lending Prime Portfolio (d)(e)....................... 6,743,345 6,743,345 STIC Prime Portfolio................................... 312,973 312,973 ----------- TOTAL SHORT TERM INVESTMENTS -- (Cost $7,056,318).................................... 7,056,318 ----------- TOTAL INVESTMENTS -- 114.0% (Cost $101,649,897)........ 56,178,791 OTHER ASSETS AND LIABILITIES -- (14.0)%............................... (6,897,907) ----------- NET ASSETS -- 100.0%................................... $49,280,884 ===========
(a) Security, or portion thereof, was on loan at March 31, 2009. (b) Affiliated issuer. (See accompanying notes) (c) Non-income producing security. (d) Investments of cash collateral for securities loaned. (e) Affiliated Fund managed by SSgA Funds Management, Inc. 83 SPDR KBW INSURANCE ETF SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- ---------- ------------ COMMON STOCKS -- 99.5% ASSET MANAGEMENT & CUSTODY BANKS -- 4.6% Ameriprise Financial, Inc. (a)......................... 134,075 $ 2,747,197 ------------ INSURANCE BROKERS -- 12.0% AON Corp. (a).......................................... 74,500 3,041,090 Marsh & McLennan Cos., Inc. (a)........................ 206,630 4,184,257 ------------ 7,225,347 ------------ LIFE & HEALTH INSURANCE -- 25.4% AFLAC, Inc. (a)........................................ 166,775 3,228,764 Lincoln National Corp. (a)............................. 162,342 1,086,068 MetLife, Inc. (a)...................................... 206,466 4,701,231 Principal Financial Group, Inc. (a).................... 174,847 1,430,249 Prudential Financial, Inc. (a)......................... 124,464 2,367,305 Unum Group (a)......................................... 196,476 2,455,950 ------------ 15,269,567 ------------ MULTI-LINE INSURANCE -- 7.3% Assurant, Inc. (a)..................................... 92,394 2,012,341 Genworth Financial, Inc. (Class A) (a)................. 585,757 1,112,938 Hartford Financial Services Group, Inc. (a)............ 164,971 1,295,023 ------------ 4,420,302 ------------ PROPERTY & CASUALTY INSURANCE -- 42.8% Axis Capital Holdings, Ltd. (a)........................ 115,374 2,600,530 Chubb Corp. (a)........................................ 115,084 4,870,355 Cincinnati Financial Corp. (a)......................... 104,682 2,394,077 Fidelity National Financial, Inc. (Class A) (a)........ 126,804 2,473,946 MBIA, Inc. (a)......................................... 264,098 1,209,569 The Allstate Corp. (a)................................. 134,364 2,573,071 The Progressive Corp. (a).............................. 207,326 2,786,461 The Travelers Cos., Inc. .............................. 111,664 4,538,025 XL Capital, Ltd. (Class A) (a)......................... 423,416 2,311,851 ------------ 25,757,885 ------------ REINSURANCE -- 5.7% Arch Capital Group, Ltd. (a)(b)........................ 20,192 1,087,541 Everest Re Group, Ltd. (a)............................. 33,180 2,349,144 ------------ 3,436,685 ------------ THRIFTS & MORTGAGE FINANCE -- 1.7% MGIC Investment Corp. (a).............................. 729,948 1,036,526 ------------ TOTAL COMMON STOCKS -- (Cost $97,945,795)................................... 59,893,509 ------------ SHORT TERM INVESTMENTS -- 32.4% MONEY MARKET FUNDS -- 32.4% State Street Navigator Securities Lending Prime Portfolio (c)(d)....................... 18,862,374 18,862,374 STIC Prime Portfolio................................... 665,103 665,103 ------------ TOTAL SHORT TERM INVESTMENTS -- (Cost $19,527,477)................................... 19,527,477 ------------ TOTAL INVESTMENTS -- 131.9% (Cost $117,473,272).................................. 79,420,986 OTHER ASSETS AND LIABILITIES -- (31.9)%................ (19,195,418) ------------ NET ASSETS -- 100.0%................................... $ 60,225,568 ============
(a) Security, or portion thereof, was on loan at March 31, 2009. (b) Non-income producing security. (c) Investments of cash collateral for securities loaned. (d) Affiliated Fund managed by SSgA Funds Management, Inc. 84 SPDR MORGAN STANLEY TECHNOLOGY ETF SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- ---------- ------------ COMMON STOCKS -- 99.9% COMMUNICATIONS EQUIPMENT -- 18.3% Cisco Systems, Inc. (a)................................ 229,298 $ 3,845,328 Juniper Networks, Inc. (a)(b).......................... 226,385 3,409,358 Motorola, Inc. (b)..................................... 857,635 3,627,796 Nokia Oyj ADR.......................................... 243,213 2,838,296 QUALCOMM, Inc. ........................................ 108,908 4,237,610 Research In Motion, Ltd. (a)(b)........................ 89,089 3,837,063 Telefonaktiebolaget LM Ericsson (Class B) ADR (b)...... 491,168 3,973,549 ------------ 25,769,000 ------------ COMPUTERS & PERIPHERALS -- 21.6% Apple, Inc. (a)........................................ 42,400 4,457,088 Dell, Inc. (a)......................................... 344,175 3,262,779 EMC Corp. (a).......................................... 346,976 3,955,526 Hewlett-Packard Co. ................................... 107,844 3,457,479 International Business Machines Corp. ................. 45,695 4,427,389 NetApp, Inc. (a)....................................... 280,657 4,164,950 Sun Microsystems, Inc. (a)............................. 917,422 6,715,529 ------------ 30,440,740 ------------ ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS -- 3.1% Flextronics International, Ltd. (a).................... 1,532,718 4,429,555 ------------ INTERNET & CATALOG RETAIL -- 3.9% Amazon.com, Inc. (a)(b)................................ 74,025 5,436,396 ------------ INTERNET SOFTWARE & SERVICES -- 8.1% eBay, Inc. (a)......................................... 264,092 3,316,995 Google, Inc. (Class A) (a)............................. 12,350 4,298,541 Yahoo!, Inc. (a)....................................... 292,865 3,751,601 ------------ 11,367,137 ------------ IT SERVICES -- 7.7% Accenture, Ltd. (Class A).............................. 118,446 3,256,080 Automatic Data Processing, Inc. ....................... 101,523 3,569,549 Infosys Technologies, Ltd. ADR (b)..................... 149,279 3,975,300 ------------ 10,800,929 ------------ SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT -- 17.6% Analog Devices, Inc. .................................. 201,167 3,876,488 Applied Materials, Inc. (b)............................ 376,721 4,049,751 Broadcom Corp. (Class A) (a)(b)........................ 217,012 4,335,900 Intel Corp. ........................................... 263,598 3,967,150 NVIDIA Corp. (a)(b).................................... 447,890 4,416,195 Texas Instruments, Inc. ............................... 253,090 4,178,516 ------------ 24,824,000 ------------ SOFTWARE -- 19.6% Activision Blizzard, Inc. (a).......................... 401,680 4,201,573 Adobe Systems, Inc. (a)................................ 172,450 3,688,705 Intuit, Inc. (a)(b).................................... 164,135 4,431,645 Microsoft Corp. ....................................... 199,601 3,666,670 Oracle Corp. (a)....................................... 214,688 3,879,412 Salesforce.com, Inc. (a)(b)............................ 118,187 3,868,261 SAP AG ADR (b)......................................... 110,675 3,905,721 ------------ 27,641,987 ------------ TOTAL COMMON STOCKS -- (Cost $217,994,225).................................. 140,709,744 ------------ SHORT TERM INVESTMENTS -- 16.4% MONEY MARKET FUNDS -- 16.4% State Street Navigator Securities Lending Prime Portfolio (c)(d)..................................... 22,869,361 22,869,361 STIC Prime Portfolio................................... 259,888 259,888 ------------ TOTAL SHORT TERM INVESTMENTS -- (Cost $23,129,249)................................... 23,129,249 ------------ TOTAL INVESTMENTS -- 116.3% (Cost $241,123,474)........ 163,838,993 OTHER ASSETS AND LIABILITIES -- (16.3)%................ (23,006,568) ------------ NET ASSETS -- 100.0%................................... $140,832,425 ============
(a) Non-income producing security. (b) Security, or portion thereof, was on loan at March 31, 2009. (c) Investments of cash collateral for securities loaned. (d) Affiliated Fund managed by SSgA Funds Management, Inc. ADR = American Depositary Receipt 85 SPDR S&P DIVIDEND ETF SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- ----------- ------------- COMMON STOCKS -- 99.6% AUTO COMPONENTS -- 1.7% Johnson Controls, Inc. (a)............................. 640,412 $ 7,684,944 ------------- BEVERAGES -- 2.2% PepsiCo, Inc. ......................................... 91,221 4,696,057 The Coca-Cola Co. ..................................... 125,113 5,498,717 ------------- 10,194,774 ------------- CAPITAL MARKETS -- 4.5% Eaton Vance Corp. (a).................................. 305,727 6,985,862 Legg Mason, Inc. (a)................................... 867,514 13,793,473 ------------- 20,779,335 ------------- CHEMICALS -- 6.3% Air Products & Chemicals, Inc. ........................ 101,950 5,734,688 PPG Industries, Inc. .................................. 284,006 10,479,821 RPM International, Inc. ............................... 1,019,936 12,983,785 ------------- 29,198,294 ------------- COMMERCIAL BANKS -- 25.5% Associated Bancorp (a)................................. 1,015,931 15,685,975 BB&T Corp. (a)......................................... 1,037,123 17,548,121 Fulton Financial Corp. (a)............................. 2,099,703 13,921,031 M&T Bank Corp. (a)..................................... 297,824 13,473,558 National Penn Bancshares, Inc. (a)..................... 1,786,900 14,831,270 Synovus Financial Corp. (a)............................ 3,492,610 11,350,982 U.S. Bancorp........................................... 1,306,473 19,087,570 Wilmington Trust Corp. (a)............................. 1,259,207 12,201,716 ------------- 118,100,223 ------------- COMMERCIAL SERVICES & SUPPLIES -- 6.8% ABM Industries, Inc. (a)............................... 387,382 6,353,065 Avery Dennison Corp. (a)............................... 595,728 13,308,563 Pitney Bowes, Inc. (a)................................. 512,526 11,967,482 ------------- 31,629,110 ------------- COMPUTERS & PERIPHERALS -- 1.4% Diebold, Inc. ......................................... 296,470 6,329,635 ------------- CONTAINERS & PACKAGING -- 3.4% Bemis Co., Inc. ....................................... 348,773 7,313,770 Sonoco Products Co. ................................... 401,630 8,426,197 ------------- 15,739,967 ------------- DIVERSIFIED TELECOMMUNICATION SERVICES -- 3.3% CenturyTel, Inc. (a)................................... 545,425 15,337,351 ------------- ELECTRICAL EQUIPMENT -- 1.5% Emerson Electric Co. .................................. 246,161 7,035,281 ------------- FOOD & STAPLES RETAILING -- 1.1% SUPERVALU, Inc. (a).................................... 374,015 5,340,934 ------------- GAS UTILITIES -- 5.1% National Fuel Gas Co. (a).............................. 199,508 6,118,910 Northwest Natural Gas Co. (a).......................... 118,759 5,156,516 Piedmont Natural Gas Co., Inc. (a)..................... 231,655 5,997,548 WGL Holdings, Inc. (a)................................. 192,212 6,304,554 ------------- 23,577,528 ------------- HOTELS, RESTAURANTS & LEISURE -- 1.0% McDonald's Corp. ...................................... 87,598 4,780,223 ------------- HOUSEHOLD DURABLES -- 4.6% Leggett & Platt, Inc. (a).............................. 1,065,226 13,837,286 The Stanley Works (a).................................. 258,403 7,524,695 ------------- 21,361,981 ------------- HOUSEHOLD PRODUCTS -- 2.5% Kimberly-Clark Corp. .................................. 141,083 6,505,337 The Clorox Co. (a)..................................... 98,416 5,066,456 ------------- 11,571,793 ------------- INDUSTRIAL CONGLOMERATES -- 4.3% 3M Co. ................................................ 134,769 6,700,715 Carlisle Cos., Inc. ................................... 212,291 4,167,272 General Electric Co. .................................. 882,585 8,922,934 ------------- 19,790,921 ------------- INSURANCE -- 2.4% Cincinnati Financial Corp. (a)......................... 492,649 11,266,883 ------------- IT SERVICES -- 1.1% Automatic Data Processing, Inc. ....................... 142,124 4,997,080 ------------- MACHINERY -- 1.3% Dover Corp. ........................................... 227,361 5,997,783 ------------- MEDIA -- 3.1% Gannett Co., Inc. (a).................................. 2,948,751 6,487,252 The McGraw-Hill Cos., Inc. ............................ 336,480 7,695,298 ------------- 14,182,550 ------------- MULTI-UTILITIES -- 10.3% Black Hills Corp. (a).................................. 671,899 12,020,273 Consolidated Edison, Inc. (a).......................... 233,566 9,251,549 Integrys Energy Group, Inc. (a)........................ 673,769 17,544,945 Vectren Corp. ......................................... 426,165 8,987,820 ------------- 47,804,587 ------------- PHARMACEUTICALS -- 4.7% Eli Lilly & Co. ....................................... 298,896 9,986,115 Johnson & Johnson...................................... 94,810 4,987,006 Pfizer, Inc. (a)....................................... 510,477 6,952,697 ------------- 21,925,818 ------------- TEXTILES, APPAREL & LUXURY GOODS -- 1.5% V. F. Corp. (a)........................................ 118,622 6,774,502 ------------- TOTAL COMMON STOCKS -- (Cost $540,356,245)............ 461,401,497 ------------- SHORT TERM INVESTMENTS -- 28.1% MONEY MARKET FUNDS -- 28.1% State Street Navigator Securities Lending Prime Portfolio (b)(c)..................................... 123,523,475 123,523,475 STIC Prime Portfolio................................... 6,585,297 6,585,297 ------------- TOTAL SHORT TERM INVESTMENTS -- (Cost $130,108,772).................................. 130,108,772 ------------- TOTAL INVESTMENTS -- 127.7% (Cost $670,465,017)........ 591,510,269 OTHER ASSETS AND LIABILITIES -- (27.7)%................ (128,424,947) ------------- NET ASSETS -- 100.0%................................... $ 463,085,322 =============
(a) Security, or portion thereof, was on loan at March 31, 2009. (b) Investments of cash collateral for securities loaned. (c) Affiliated Fund managed by SSgA Funds Management, Inc. 86 SPDR S&P BIOTECH ETF SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- ----------- ------------- COMMON STOCKS -- 99.4% BIOTECHNOLOGY -- 99.4% Acorda Therapeutics, Inc. (a)(b)....................... 686,366 $ 13,596,910 Alexion Pharmaceuticals, Inc. (a)(b)................... 496,128 18,684,181 Alkermes, Inc. (a)(b).................................. 1,668,633 20,240,518 Alnylam Pharmaceuticals, Inc. (a)(b)................... 983,707 18,729,781 Amgen, Inc. (b)........................................ 378,582 18,747,381 Amylin Pharmaceuticals, Inc. (a)(b).................... 1,621,685 19,054,799 Biogen Idec, Inc. (b).................................. 368,231 19,302,669 BioMarin Pharmaceutical, Inc. (a)(b)................... 1,510,912 18,659,763 Celera Corp. (b)....................................... 2,283,991 17,426,851 Celgene Corp. (b)...................................... 404,334 17,952,430 Cephalon, Inc. (a)(b).................................. 277,488 18,896,933 Cubist Pharmaceuticals, Inc. (b)....................... 1,150,166 18,816,716 CV Therapeutics, Inc. (b).............................. 925,401 18,396,972 Genzyme Corp. (b)...................................... 337,082 20,019,300 Gilead Sciences, Inc. (b).............................. 415,388 19,240,772 Isis Pharmaceuticals, Inc. (a)(b)...................... 1,364,144 20,475,801 Martek Biosciences Corp. (a)........................... 1,073,779 19,596,467 Myriad Genetics, Inc. (a)(b)........................... 468,078 21,283,507 Onyx Pharmaceuticals, Inc. (a)(b)...................... 662,030 18,900,957 OSI Pharmaceuticals, Inc. (a)(b)....................... 510,817 19,543,858 Regeneron Pharmaceuticals, Inc. (a)(b)................. 1,368,462 18,966,883 Theravance, Inc. (a)(b)................................ 1,242,095 21,115,615 United Therapeutics Corp. (a)(b)....................... 296,982 19,627,540 Vertex Pharmaceuticals, Inc. (a)(b).................... 639,256 18,365,825 ------------- TOTAL COMMON STOCKS -- (Cost $537,015,006)............ 455,642,429 ------------- SHORT TERM INVESTMENTS -- 25.9% MONEY MARKET FUNDS -- 25.9% State Street Navigator Securities Lending Prime Portfolio (c)(d)..................................... 118,725,298 118,725,298 STIC Prime Portfolio................................... 100 100 ------------- TOTAL SHORT TERM INVESTMENTS -- (Cost $118,725,398).................................. 118,725,398 ------------- TOTAL INVESTMENTS -- 125.3% (Cost $655,740,404)........ 574,367,827 OTHER ASSETS AND LIABILITIES -- (25.3)%................ (115,912,186) ------------- NET ASSETS -- 100.0%................................... $ 458,455,641 =============
(a) Security, or portion thereof, was on loan at March 31, 2009. (b) Non-income producing security. (c) Investments of cash collateral for securities loaned. (d) Affiliated Fund managed by SSgA Funds Management, Inc. 87 SPDR S&P HOMEBUILDERS ETF SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- ----------- ------------- COMMON STOCKS -- 99.9% BUILDING PRODUCTS -- 17.3% Lennox International, Inc. (a)......................... 814,261 $ 21,545,346 Masco Corp. ........................................... 3,062,055 21,373,144 Owens Corning, Inc. (b)................................ 2,374,822 21,468,391 Simpson Manufacturing Co., Inc. (a).................... 1,046,575 18,859,281 ------------- 83,246,162 ------------- HOME FURNISHINGS -- 9.8% Leggett & Platt, Inc. (a).............................. 1,692,608 21,986,978 Mohawk Industries, Inc. (a)(b)......................... 849,513 25,374,953 ------------- 47,361,931 ------------- HOME IMPROVEMENT RETAIL -- 13.8% Lowe's Cos., Inc. ..................................... 1,186,688 21,657,056 The Home Depot, Inc. (a)............................... 911,959 21,485,754 The Sherwin-Williams Co. (a)........................... 448,894 23,329,021 ------------- 66,471,831 ------------- HOMEBUILDING -- 41.2% Centex Corp. .......................................... 2,753,408 20,650,560 D.R. Horton, Inc. (a).................................. 2,414,478 23,420,437 KB HOME (a)............................................ 1,796,347 23,675,853 Lennar Corp. (Class A)................................. 2,491,921 18,714,327 M.D.C. Holdings, Inc. (a).............................. 695,478 21,657,185 NVR, Inc. (a)(b)....................................... 53,606 22,929,967 Pulte Homes, Inc. (a).................................. 2,062,225 22,540,119 Ryland Group, Inc. (a)................................. 1,385,154 23,076,666 Toll Brothers, Inc. (a)(b)............................. 1,188,877 21,590,006 ------------- 198,255,120 ------------- HOMEFURNISHING RETAIL -- 17.8% Aaron Rents, Inc. (a).................................. 849,159 22,638,579 Bed Bath & Beyond, Inc. (a)(b)......................... 871,889 21,579,253 Rent-A-Center, Inc. (b)................................ 1,137,314 22,029,772 Williams-Sonoma, Inc. (a).............................. 1,915,626 19,309,510 ------------- 85,557,114 ------------- TOTAL COMMON STOCKS -- (Cost $464,403,387)............ 480,892,158 ------------- SHORT TERM INVESTMENTS -- 28.9% MONEY MARKET FUNDS -- 28.9% State Street Navigator Securities Lending Prime Portfolio (c)(d)..................................... 136,235,631 136,235,631 STIC Prime Portfolio................................... 2,996,551 2,996,551 ------------- TOTAL SHORT TERM INVESTMENTS -- (Cost $139,232,182).................................. 139,232,182 ------------- TOTAL INVESTMENTS -- 128.8% (Cost $603,635,569)........ 620,124,340 OTHER ASSETS AND LIABILITIES -- (28.8)%................ (138,507,587) ------------- NET ASSETS -- 100.0%................................... $ 481,616,753 =============
(a) Security, or portion thereof, was on loan at March 31, 2009. (b) Non-income producing security. (c) Investments of cash collateral for securities loaned. (d) Affiliated Fund managed by SSgA Funds Management, Inc. 88 SPDR S&P METALS & MINING ETF SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- ---------- ------------ COMMON STOCKS -- 99.7% ALUMINUM -- 4.6% Alcoa, Inc. (a)........................................ 1,685,760 $ 12,373,479 ------------ COAL & CONSUMABLE FUELS -- 25.9% Alpha Natural Resources, Inc. (a)(b)................... 579,646 10,288,716 Arch Coal, Inc. (a).................................... 765,093 10,229,293 CONSOL Energy, Inc. ................................... 383,480 9,679,035 Foundation Coal Holdings, Inc. (a)..................... 705,762 10,127,685 Massey Energy Co. (a).................................. 969,673 9,813,091 Peabody Energy Corp. .................................. 411,219 10,296,924 USEC, Inc. (a)(b)...................................... 2,076,220 9,965,856 ------------ 70,400,600 ------------ DIVERSIFIED METALS & MINING -- 12.2% Compass Minerals International, Inc. (a)............... 199,257 11,232,117 Freeport-McMoRan Copper & Gold, Inc. (a)............... 282,727 10,774,726 Titanium Metals Corp. (a).............................. 2,053,028 11,230,063 ------------ 33,236,906 ------------ GOLD -- 8.3% Newmont Mining Corp. .................................. 249,475 11,166,501 Royal Gold, Inc. (a)................................... 242,971 11,361,324 ------------ 22,527,825 ------------ STEEL -- 48.7% AK Steel Holding Corp. (a)............................. 1,595,500 11,359,960 Allegheny Technologies, Inc. (a)....................... 535,663 11,747,090 Carpenter Technology Corp. ............................ 753,096 10,633,715 Cliffs Natural Resources, Inc. (a)..................... 783,587 14,229,940 Commercial Metals Co. (a).............................. 1,038,088 11,989,916 Nucor Corp. (a)........................................ 294,213 11,230,110 Reliance Steel & Aluminum Co. (a)...................... 467,699 12,314,515 Schnitzer Steel Industries, Inc. (Class A) (a)......... 388,653 12,199,818 Steel Dynamics, Inc. (a)............................... 1,471,882 12,967,280 United States Steel Corp. (a).......................... 559,069 11,813,128 Worthington Industries, Inc. (a)....................... 1,366,166 11,899,306 ------------ 132,384,778 ------------ TOTAL COMMON STOCKS -- (Cost $429,970,825).................................. 270,923,588 ------------ SHORT TERM INVESTMENTS -- 28.9% MONEY MARKET FUND -- 28.9% State Street Navigator Securities Lending Prime Portfolio (c)(d)..................................... 76,713,071 76,713,071 STIC Prime Portfolio................................... 1,691,915 1,691,915 ------------ TOTAL SHORT TERM INVESTMENTS -- (Cost $78,404,986)................................... 78,404,986 ------------ TOTAL INVESTMENTS -- 128.6% (Cost $508,375,811)........ 349,328,574 OTHER ASSETS AND LIABILITIES -- (28.6)%............................... (77,685,711) ------------ NET ASSETS -- 100.0%................................... $271,642,863 ============
(a) Security, or portion thereof, was on loan at March 31, 2009. (b) Non-income producing security. (c) Investments of cash collateral for securities loaned. (d) Affiliated Fund managed by SSgA Funds Management, Inc. 89 SPDR S&P OIL & GAS EQUIPMENT & SERVICES ETF SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- ---------- ------------ COMMON STOCKS -- 100.0% DIVERSIFIED COMMERCIAL & PROFESSIONAL SERVICES -- 4.4% IHS, Inc. (Class A) (a)................................ 128,726 $ 5,300,937 ------------ OIL & GAS DRILLING -- 36.9% Atwood Oceanics, Inc. (b)(a)........................... 295,243 4,898,081 Diamond Offshore Drilling, Inc. (b).................... 77,897 4,896,605 ENSCO International, Inc. ............................. 183,362 4,840,757 Helmerich & Payne, Inc. (b)............................ 224,641 5,115,076 Nabors Industries, Ltd.(b) (a)......................... 499,112 4,986,129 Patterson-UTI Energy, Inc. (b)......................... 516,048 4,623,790 Pride International, Inc. (a).......................... 277,489 4,989,252 Rowan Cos., Inc. (b)................................... 382,763 4,581,673 Unit Corp.(b) (a)...................................... 244,911 5,123,538 ------------ 44,054,901 ------------ OIL & GAS EQUIPMENT & SERVICES -- 58.7% Baker Hughes, Inc. .................................... 166,163 4,743,954 BJ Services Co. ....................................... 503,938 5,014,183 Cameron International Corp. (a)........................ 228,180 5,003,987 Dresser-Rand Group, Inc. (a)........................... 241,840 5,344,664 Exterran Holdings, Inc. (b)(a)......................... 317,879 5,092,422 FMC Technologies, Inc. (a)............................. 164,584 5,163,000 Halliburton Co. ....................................... 306,175 4,736,527 National-Oilwell Varco, Inc. (a)....................... 170,400 4,892,184 Oceaneering International, Inc. (a).................... 143,243 5,281,369 Schlumberger, Ltd. .................................... 124,181 5,044,232 SEACOR Holdings, Inc.(b) (a)........................... 89,895 5,241,778 Smith International, Inc. ............................. 223,248 4,795,367 Superior Energy Services, Inc. (a)..................... 353,396 4,555,275 Tidewater, Inc. (b).................................... 140,739 5,225,639 ------------ 70,134,581 ------------ TOTAL COMMON STOCKS -- (Cost $200,747,128).................................. 119,490,419 ------------ SHORT TERM INVESTMENTS -- 17.4% MONEY MARKET FUNDS -- 17.4% State Street Navigator Securities Lending Prime Portfolio (c)(d)..................................... 20,534,550 20,534,550 STIC Prime Portfolio................................... 279,003 279,003 ------------ TOTAL SHORT TERM INVESTMENTS -- (Cost $20,813,553)................................... 20,813,553 ------------ TOTAL INVESTMENTS -- 117.4% (Cost $221,560,681)........ 140,303,972 OTHER ASSETS AND LIABILITIES -- (17.4)%................ (20,778,944) ------------ NET ASSETS -- 100.0%................................... $119,525,028 ============
(a) Non-income producing security. (b) Security, or portion thereof, was on loan at March 31, 2009. (c) Investments of cash collateral for securities loaned. (d) Affiliated Fund managed by SSgA Funds Management, Inc. 90 SPDR S&P OIL & GAS EXPLORATION & PRODUCTION ETF SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- ---------- ------------ COMMON STOCKS -- 99.7% INTEGRATED OIL & GAS -- 13.5% Chevron Corp. ......................................... 111,792 $ 7,516,894 ConocoPhillips......................................... 191,431 7,496,438 Exxon Mobil Corp. ..................................... 109,489 7,456,201 Occidental Petroleum Corp. ............................ 127,524 7,096,711 ------------ 29,566,244 ------------ OIL & GAS EXPLORATION & PRODUCTION -- 66.7% Anadarko Petroleum Corp. (a)........................... 177,843 6,916,314 Apache Corp. .......................................... 111,641 7,155,072 Cabot Oil & Gas Corp. ................................. 287,865 6,784,978 Chesapeake Energy Corp. (a)............................ 410,260 6,999,036 Cimarex Energy Co. (a)................................. 382,938 7,038,401 Comstock Resources, Inc. (a)(b)........................ 228,069 6,796,456 Denbury Resources, Inc. (a)(b)......................... 461,183 6,853,179 Devon Energy Corp. .................................... 152,065 6,795,785 Encore Acquisition Co. (a)(b).......................... 313,014 7,283,836 EOG Resources, Inc. ................................... 116,803 6,396,132 Forest Oil Corp. (a)(b)................................ 528,594 6,951,011 Newfield Exploration Co. (a)(b)........................ 313,666 7,120,218 Noble Energy, Inc. .................................... 139,196 7,499,881 Petrohawk Energy Corp. (a)(b).......................... 377,549 7,260,267 Pioneer Natural Resources Co. (a)...................... 434,668 7,158,982 Plains Exploration & Production Co. (a)(b)............. 403,364 6,949,962 Range Resources Corp. ................................. 176,352 7,258,648 Southwestern Energy Co. (a)(b)......................... 234,565 6,964,235 Ultra Petroleum Corp. (b).............................. 181,297 6,506,749 Whiting Petroleum Corp. (b)............................ 265,755 6,869,767 XTO Energy, Inc. ...................................... 220,379 6,748,005 ------------ 146,306,914 ------------ OIL & GAS REFINING & MARKETING -- 19.5% Frontier Oil Corp. (a)................................. 539,239 6,896,867 Holly Corp. (a)........................................ 343,390 7,279,868 Sunoco, Inc. (a)....................................... 269,341 7,132,149 Tesoro Corp. (a)....................................... 518,755 6,987,630 Valero Energy Corp. ................................... 401,388 7,184,845 World Fuel Services Corp. (a).......................... 234,265 7,409,802 ------------ 42,891,161 ------------ TOTAL COMMON STOCKS -- (Cost $327,104,622).................................. 218,764,319 ------------ SHORT TERM INVESTMENTS -- 17.0% MONEY MARKET FUNDS -- 17.0% State Street Navigator Securities Lending Prime Portfolio (c)(d)..................................... 36,347,707 36,347,707 STIC Prime Portfolio................................... 1,108,372 1,108,372 ------------ TOTAL SHORT TERM INVESTMENTS -- (Cost $37,456,079)................................... 37,456,079 ------------ TOTAL INVESTMENTS -- 116.7% (Cost $364,560,701)........ 256,220,398 OTHER ASSETS AND LIABILITIES -- (16.7)%................ (36,720,805) ------------ NET ASSETS -- 100.0%................................... $219,499,593 ============
(a) Security, or portion thereof, was on loan at March 31, 2009. (b) Non-income producing security. (c) Investments of cash collateral for securities loaned. (d) Affiliated Fund managed by SSgA Funds Management, Inc. 91 SPDR S&P PHARMACEUTICALS ETF SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- ---------- ------------ COMMON STOCKS -- 99.9% PHARMACEUTICALS -- 99.9% Abbott Laboratories.................................... 40,951 $ 1,953,363 Allergan, Inc. (a)..................................... 49,237 2,351,559 Auxilium Pharmaceuticals, Inc. (a)(b).................. 70,537 1,955,286 Bristol-Myers Squibb Co. (a)........................... 95,013 2,082,685 Eli Lilly & Co. (a).................................... 59,810 1,998,252 Endo Pharmaceuticals Holdings, Inc. (a)(b)............. 115,951 2,050,014 Forest Laboratories, Inc. (a)(b)....................... 92,135 2,023,285 Johnson & Johnson...................................... 37,678 1,981,863 King Pharmaceuticals, Inc. (a)(b)...................... 286,296 2,024,113 Medicis Pharmaceutical Corp. (Class A) (a)............. 153,655 1,900,712 Merck & Co., Inc. (a).................................. 72,860 1,949,005 Mylan, Inc. (a)(b)..................................... 151,150 2,026,921 Par Pharmaceutical Cos., Inc. (a)(b)................... 186,120 1,762,556 Perrigo Co. (a)........................................ 87,853 2,181,390 Pfizer, Inc. (a)....................................... 142,833 1,945,385 Schering-Plough Corp. ................................. 82,283 1,937,765 Sepracor, Inc. (a)(b).................................. 138,563 2,031,334 The Medicines Co. (a)(b)............................... 195,267 2,116,694 Valeant Pharmaceuticals International(a)(b)............ 115,538 2,055,421 Watson Pharmaceuticals, Inc. (a)(b).................... 70,639 2,197,579 Wyeth.................................................. 46,243 1,990,299 XenoPort, Inc. (a)(b).................................. 100,715 1,949,842 ------------ TOTAL COMMON STOCKS -- (Cost $46,237,114)................................... 44,465,323 ------------ SHORT TERM INVESTMENTS -- 28.8% MONEY MARKET FUNDS -- 28.8% State Street Navigator Securities Lending Prime Portfolio (c)(d)..................................... 12,632,371 12,632,371 STIC Prime Portfolio................................... 193,909 193,909 ------------ TOTAL SHORT TERM INVESTMENTS -- (Cost $12,826,280)................................... 12,826,280 ------------ TOTAL INVESTMENTS -- 128.7% (Cost $59,063,394)......... 57,291,603 OTHER ASSETS AND LIABILITIES -- (28.7)%............................... (12,789,922) ------------ NET ASSETS -- 100.0%................................... $ 44,501,681 ============
(a) Security, or portion thereof, was on loan at March 31, 2009. (b) Non-income producing security. (c) Investments of cash collateral for securities loaned. (d) Affiliated Fund managed by SSgA Funds Management, Inc. 92 SPDR S&P RETAIL ETF SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- ---------- ------------ COMMON STOCKS -- 99.9% APPAREL RETAIL -- 31.9% Abercrombie & Fitch Co. (Class A) (a).................. 152,881 $ 3,638,568 Aeropostale, Inc. (b).................................. 137,077 3,640,765 American Eagle Outfitters, Inc. ....................... 307,792 3,767,374 Chico's FAS, Inc. (b).................................. 740,325 3,975,545 Collective Brands, Inc. (a)(b)......................... 391,571 3,813,901 Foot Locker, Inc. ..................................... 347,283 3,639,526 Guess ?, Inc. ......................................... 194,358 4,097,067 Gymboree Corp. (a)(b).................................. 190,116 4,058,977 J. Crew Group, Inc. (a)(b)............................. 275,718 3,633,963 Limited Brands, Inc. .................................. 420,243 3,656,114 Mens Wearhouse, Inc. (a)............................... 238,854 3,616,250 Ross Stores, Inc. ..................................... 99,695 3,577,057 The Buckle, Inc. (a)................................... 117,019 3,736,417 The Gap, Inc. ......................................... 282,405 3,668,441 The TJX Cos., Inc. .................................... 137,060 3,514,218 Urban Outfitters, Inc. (a)(b).......................... 194,531 3,184,472 ------------ 59,218,655 ------------ AUTOMOTIVE RETAIL -- 9.7% Advance Auto Parts, Inc. .............................. 84,565 3,473,930 AutoNation, Inc. (b)................................... 280,300 3,890,564 AutoZone, Inc. (a)(b).................................. 21,190 3,445,918 CarMax, Inc. (a)(b).................................... 308,406 3,836,571 O'Reilly Automotive, Inc. (a)(b)....................... 96,935 3,393,694 ------------ 18,040,677 ------------ COMPUTER & ELECTRONICS RETAIL -- 6.1% Best Buy Co., Inc. (a)................................. 104,715 3,974,981 GameStop Corp. (Class A)(b)............................ 136,112 3,813,858 RadioShack Corp. ...................................... 405,652 3,476,438 ------------ 11,265,277 ------------ DEPARTMENT STORES -- 10.2% J. C. Penney Co., Inc. (a)............................. 196,143 3,936,590 Kohl's Corp. (b)....................................... 83,493 3,533,424 Macy's, Inc. .......................................... 422,856 3,763,418 Nordstrom, Inc. (a).................................... 235,259 3,940,588 Sears Holdings Corp. (a)(b)............................ 84,326 3,854,542 ------------ 19,028,562 ------------ DRUG RETAIL -- 3.8% CVS Caremark Corp. .................................... 126,726 3,483,698 Walgreen Co. .......................................... 139,287 3,615,890 ------------ 7,099,588 ------------ FOOD RETAIL -- 9.5% Casey's General Stores, Inc. .......................... 133,945 3,570,974 Safeway, Inc. ......................................... 172,986 3,492,587 SUPERVALU, Inc. ....................................... 232,552 3,320,843 The Kroger Co. ........................................ 163,279 3,464,780 Whole Foods Market, Inc. (a)........................... 220,101 3,697,697 ------------ 17,546,881 ------------ GENERAL MERCHANDISE STORES -- 6.0% Dollar Tree Stores, Inc. (b)........................... 82,698 3,684,196 Family Dollar Stores, Inc. ............................ 109,549 3,655,650 Target Corp. .......................................... 111,499 3,834,451 ------------ 11,174,297 ------------ HYPERMARKETS & SUPER CENTERS -- 3.8% Costco Wholesale Corp. ................................ 75,425 3,493,686 Wal-Mart Stores, Inc. ................................. 68,238 3,555,200 ------------ 7,048,886 ------------ INTERNET RETAIL -- 7.7% Amazon.com, Inc. (a)(b)................................ 48,384 3,553,321 Expedia, Inc. (b)...................................... 429,820 3,902,765 Netflix, Inc. (a)(b)................................... 81,240 3,486,821 Priceline.com, Inc. (a)(b)............................. 43,374 3,417,004 ------------ 14,359,911 ------------ SPECIALTY STORES -- 11.2% Barnes & Noble, Inc. .................................. 157,301 3,363,095 Dick's Sporting Goods, Inc. (a)(b)..................... 232,391 3,316,220 PetSmart, Inc. ........................................ 167,661 3,514,174 Staples, Inc. ......................................... 198,897 3,602,025 Tiffany & Co. (a)...................................... 167,161 3,603,991 Tractor Supply Co. (a)(b).............................. 96,777 3,489,779 ------------ 20,889,284 ------------ TOTAL COMMON STOCKS -- (Cost $188,978,472).................................. 185,672,018 ------------ SHORT TERM INVESTMENTS -- 7.7% MONEY MARKET FUNDS -- 7.7% State Street Navigator Securities Lending Prime Portfolio (c)(d)..................................... 13,772,298 13,772,298 STIC Prime Portfolio................................... 543,884 543,884 ------------ TOTAL SHORT TERM INVESTMENTS -- (Cost $14,316,182)................................... 14,316,182 ------------ TOTAL INVESTMENTS -- 107.6% (Cost $203,294,654)........ 199,988,200 OTHER ASSETS AND LIABILITIES -- (7.6)%................. (14,078,562) ------------ NET ASSETS -- 100.0%................................... $185,909,638 ============
(a) Security, or portion thereof, was on loan at March 31,2009. (b) Non-income producing security. (c) Investments of cash collateral for securities loaned. (d) Affiliated Fund managed by SSgA Funds Management, Inc. 93 SPDR S&P SEMICONDUCTOR ETF SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- ---------- ------------ COMMON STOCKS -- 100.0% SEMICONDUCTORS -- 100.0% Advanced Micro Devices, Inc. (a)(b).................... 801,429 $ 2,444,358 Altera Corp. (b)....................................... 124,094 2,177,850 Analog Devices, Inc. .................................. 109,222 2,104,708 Atmel Corp. (a)(b)..................................... 564,527 2,049,233 Broadcom Corp. (Class A) (a)(b)........................ 110,328 2,204,353 Cree, Inc. (a)(b)...................................... 93,066 2,189,843 Cypress Semiconductor Corp. (a)(b)..................... 350,739 2,374,503 Intel Corp. (b)........................................ 146,021 2,197,616 International Rectifier Corp. (a)(b)................... 160,474 2,168,004 Intersil Corp. (Class A) (b)........................... 188,536 2,168,164 Linear Technology Corp. (b)............................ 94,949 2,181,928 LSI Logic Corp. (a)(b)................................. 687,974 2,091,441 Maxim Integrated Products, Inc. ....................... 162,764 2,150,112 Microchip Technology, Inc. (b)......................... 105,996 2,246,055 Micron Technology, Inc. (a)(b)......................... 623,812 2,532,677 Microsemi Corp. (a)(b)................................. 195,896 2,272,394 National Semiconductor Corp. (b)....................... 203,597 2,090,941 NVIDIA Corp. (a)(b).................................... 224,500 2,213,570 ON Semiconductor Corp. (a)(b).......................... 509,489 1,987,007 PMC-Sierra, Inc. (a)(b)................................ 342,344 2,184,155 Rambus, Inc. (a)(b).................................... 215,282 2,036,568 Silicon Laboratories, Inc. (a)(b)...................... 79,536 2,099,750 Skyworks Solutions, Inc. (a)(b)........................ 278,928 2,248,160 Texas Instruments, Inc. (b)............................ 135,637 2,239,367 Xilinx, Inc. (b)....................................... 110,910 2,125,036 ------------ TOTAL COMMON STOCKS -- (Cost $58,157,753)................................... 54,777,793 ------------ SHORT TERM INVESTMENTS -- 28.4% MONEY MARKET FUNDS -- 28.4% State Street Navigator Securities Lending Prime Portfolio (c)(d)..................................... 15,481,188 15,481,188 STIC Prime Portfolio................................... 98,622 98,622 ------------ TOTAL SHORT TERM INVESTMENTS -- (Cost $15,579,810)................................... 15,579,810 ------------ TOTAL INVESTMENTS -- 128.4% (Cost $73,737,563)......... 70,357,603 OTHER ASSETS AND LIABILITIES -- (28.4)%................ (15,566,468) ------------ NET ASSETS -- 100.0%................................... $ 54,791,135 ============
(a) Non-income producing security. (b) Security, or portion thereof, was on loan at March 31, 2009. (c) Investments of cash collateral for securities loaned. (d) Affiliated Fund managed by SSgA Funds Management, Inc. 94 SPDR KBW REGIONAL BANKING ETF SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- ----------- ------------- COMMON STOCKS -- 99.6% REGIONAL BANKS -- 89.2% Associated Bancorp (a)................................. 839,525 $ 12,962,266 BancorpSouth, Inc. (a)................................. 462,111 9,630,393 Bank of Hawaii Corp. (a)............................... 308,114 10,161,600 BOK Financial Corp. (a)................................ 377,346 13,037,304 Boston Private Financial Holdings, Inc. (a)............ 1,802,182 6,325,659 Cathay General Bancorp (a)............................. 877,950 9,157,019 Central Pacific Financial Corp. (a).................... 978,172 5,477,763 Citizens Republic Bancorp, Inc. (b).................... 2,641,711 4,094,652 City National Corp. (a)................................ 392,768 13,263,775 Community Bank System, Inc. (a)........................ 562,183 9,416,565 CVB Financial Corp. (a)................................ 1,293,937 8,578,802 East West Bancorp, Inc. ............................... 985,852 4,505,344 F.N.B. Corp. (a)....................................... 1,186,022 9,096,789 First Commonwealth Financial Corp. (a)................. 1,263,156 11,204,194 First Horizon National Corp. (a)....................... 1,240,016 13,317,772 First Midwest Bancorp, Inc. (a)........................ 847,258 7,277,946 FirstMerit Corp. ...................................... 631,507 11,493,427 Fulton Financial Corp. (a)............................. 1,602,084 10,621,817 Glacier Bancorp, Inc. (a).............................. 569,915 8,953,365 Hancock Holding Co. (a)................................ 354,253 11,081,034 IBERIABANK Corp. (a)................................... 192,499 8,843,404 MB Financial, Inc. (a)................................. 685,486 9,322,610 National Penn Bancshares, Inc. (a)..................... 1,116,751 9,269,033 Old National Bancorp (a)............................... 854,826 9,548,406 Pacific Capital Bancorp (a)............................ 962,736 6,517,723 PacWest Bancorp (a).................................... 600,752 8,608,776 Pinnacle Financial Partners, Inc. (a)(b)............... 469,803 11,139,029 PrivateBancorp, Inc. (a)............................... 500,610 7,238,821 Prosperity Bancshares, Inc. (a)........................ 485,212 13,270,548 S&T Bancorp, Inc. (a).................................. 408,166 8,657,201 Signature Bank (a)(b).................................. 354,262 10,000,816 Sterling Bancshares, Inc. ............................. 2,133,422 13,952,580 Susquehanna Bancshares, Inc. (a)....................... 1,209,178 11,281,631 SVB Financial Group (a)(b)............................. 323,460 6,472,435 TCF Financial Corp. (a)................................ 1,116,808 13,133,662 Trustmark Corp. (a).................................... 508,358 9,343,620 UCBH Holdings, Inc. (a)................................ 2,356,809 3,558,782 UMB Financial Corp. (a)................................ 215,590 9,160,419 Umpqua Holdings Corp. (a).............................. 1,116,817 10,118,362 United Bankshares, Inc. (a)............................ 423,558 7,302,140 Valley National Bancorp (a)............................ 777,849 9,621,992 Westamerica Bancorp (a)................................ 292,672 13,334,136 Whitney Holding Corp. (a).............................. 908,807 10,405,840 Wilmington Trust Corp. (a)............................. 670,089 6,493,162 Wintrust Financial Corp. (a)........................... 600,738 7,389,077 ------------- 423,641,691 ------------- THRIFTS & MORTGAGE FINANCE -- 10.4% Brookline Bancorp, Inc. ............................... 978,179 9,292,701 First Niagara Financial Group, Inc. (a)................ 1,193,817 13,012,605 Hudson City Bancorp, Inc. ............................. 1,147,649 13,416,017 Provident Financial Services, Inc. .................... 970,425 10,490,294 Webster Financial Corp. (a)............................ 793,299 3,371,521 ------------- 49,583,138 ------------- TOTAL COMMON STOCKS -- (Cost $784,978,803)............ 473,224,829 ------------- SHORT TERM INVESTMENTS -- 30.1% MONEY MARKET FUNDS -- 30.1% Federated Prime Obligations Fund....................... 109 109 State Street Navigator Securities Lending Prime Portfolio (c)(d)..................................... 139,224,647 139,224,647 STIC Prime Portfolio................................... 3,497,092 3,497,092 ------------- TOTAL SHORT TERM INVESTMENTS -- (Cost $142,721,848).................................. 142,721,848 ------------- TOTAL INVESTMENTS -- 129.7% (Cost $927,700,651)........ 615,946,677 OTHER ASSETS AND LIABILITIES -- (29.7)%................ (140,982,877) ------------- NET ASSETS -- 100.0%................................... $ 474,963,800 =============
(a) Security, or portion thereof, was on loan at March 31, 2009. (b) Non-income producing security. (c) Investments of cash collateral for securities loaned. (d) Affiliated Fund managed by SSgA Funds Management, Inc. 95 SPDR BARCLAYS CAPITAL 1-3 MONTH T-BILL ETF SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
PRINCIPAL SECURITY DESCRIPTION AMOUNT VALUE - -------------------- ------------ -------------- U.S. TREASURY OBLIGATIONS -- 99.9% Treasury Bills* 0.08%, 4/2/2009...................................... $109,492,000 $ 109,491,832 0.18%, 4/23/2009..................................... 109,475,000 109,465,303 0.19%, 4/16/2009..................................... 109,475,000 109,469,981 0.19%, 5/7/2009...................................... 115,673,000 115,651,599 0.20%, 4/9/2009...................................... 109,475,000 109,472,444 0.21%, 5/14/2009..................................... 119,804,000 119,777,529 0.21%, 5/21/2009..................................... 119,804,000 119,773,215 0.22%, 4/30/2009..................................... 111,546,000 111,530,273 0.25%, 5/28/2009..................................... 121,871,000 121,831,447 -------------- TOTAL U.S. TREASURY OBLIGATIONS -- (Cost $1,026,437,053)................................ 1,026,463,623 -------------- SHARES ------------ SHORT TERM INVESTMENTS -- 0.1% MONEY MARKET FUND -- 0.1% State Street Institutional Liquid Reserves Fund 0.57% (a)(b) (Cost $852,821)...................................... 852,821 852,821 -------------- TOTAL INVESTMENTS -- 100.0% (Cost $1,027,289,874)................................ 1,027,316,444 OTHER ASSETS AND LIABILITIES -- 0.0% (c)............... 7,979 -------------- NET ASSETS -- 100.0%................................... $1,027,324,423 ==============
* Rate shown is the discount rate at time of purchase, not a coupon rate. (a) The rate shown is the annualized seven-day yield at period end. (b) Affiliated Fund managed by SSgA Funds Management, Inc. (c) Amount shown represents less than 0.05% of net assets. 96 SPDR BARCLAYS CAPITAL TIPS ETF SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
PRINCIPAL SECURITY DESCRIPTION AMOUNT VALUE - -------------------- ----------- ------------ U.S. TREASURY OBLIGATIONS -- 99.4% Treasury Inflation Protected Indexed Bonds 1.75%, 1/15/2028 (a)................................. $ 5,586,800 $ 5,341,483 2.00%, 1/15/2026 (a)................................. 7,551,986 7,455,245 2.13%, 1/15/2019 (a)................................. 3,001,032 3,198,920 2.38%, 1/15/2025 (a)................................. 11,153,881 11,568,694 2.38%, 1/15/2027 (a)................................. 6,093,714 6,353,672 2.50%, 1/15/2029 (a)................................. 2,786,672 3,016,573 3.38%, 4/15/2032..................................... 2,130,162 2,748,569 3.63%, 4/15/2028 (a)................................. 7,785,876 9,587,605 3.88%, 4/15/2029 (a)................................. 9,056,178 11,645,702 Treasury Inflation Protected Indexed Notes 0.63%, 4/15/2013 (a)................................. 5,350,572 5,299,581 0.88%, 4/15/2010 (a)................................. 11,074,708 11,026,201 1.38%, 7/15/2018 (a)................................. 5,199,522 5,160,526 1.63%, 1/15/2015 (a)................................. 7,434,189 7,508,531 1.63%, 1/15/2018 (a)................................. 5,871,984 5,938,984 1.88%, 7/15/2013 (a)................................. 8,132,359 8,329,324 1.88%, 7/15/2015 (a)................................. 6,544,721 6,721,624 2.00%, 4/15/2012 (a)................................. 6,381,630 6,576,078 2.00%, 1/15/2014 (a)................................. 8,504,000 8,767,113 2.00%, 7/15/2014 (a)................................. 7,558,745 7,797,299 2.00%, 1/15/2016 (a)................................. 6,467,053 6,676,197 2.38%, 4/15/2011 (a)................................. 7,609,137 7,816,030 2.38%, 1/15/2017 (a)................................. 6,381,598 6,784,468 2.50%, 7/15/2016..................................... 7,401,220 7,913,532 2.63%, 7/15/2017..................................... 5,056,380 5,490,116 3.00%, 7/15/2012 (a)................................. 9,599,932 10,243,416 3.38%, 1/15/2012..................................... 2,552,654 2,722,176 3.50%, 1/15/2011 (a)................................. 4,731,835 4,948,458 ------------ TOTAL U.S. TREASURY OBLIGATIONS -- (Cost $183,855,706).................................. 186,636,117 ------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- ---------- ------------ SHORT TERM INVESTMENTS -- 23.1% MONEY MARKET FUNDS -- 23.1% State Street Institutional Liquid Reserves Fund 0.57% (b)(c)........................... 78,030 $ 78,030 State Street Navigator Securities Lending Prime Portfolio (c)(d)..................................... 43,427,276 43,427,276 ------------ TOTAL SHORT TERM INVESTMENTS -- (Cost $43,505,306)................................... 43,505,306 ------------ TOTAL INVESTMENTS -- 122.5% (Cost $227,361,012)........ 230,141,423 OTHER ASSETS AND LIABILITIES -- (22.5)%................ (42,312,328) ------------ NET ASSETS -- 100.0%................................... $187,829,095 ============
(a) Security, or portion thereof, was on loan at March 31, 2009. (b) The rate shown is the annualized seven-day yield at period end. (c) Affiliated Fund managed by SSgA Funds Management, Inc. (d) Investments of cash collateral for securities loaned. 97 SPDR BARCLAYS CAPITAL INTERMEDIATE TERM TREASURY ETF SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
PRINCIPAL SECURITY DESCRIPTION AMOUNT VALUE - -------------------- ---------- ------------ U.S. TREASURY OBLIGATIONS -- 99.2% Treasury Bonds 7.25%, 5/15/2016..................................... $ 842,000 $ 1,111,457 7.50%, 11/15/2016.................................... 806,000 1,082,313 8.75%, 5/15/2017 (a)................................. 740,000 1,068,086 8.88%, 8/15/2017 (a)................................. 484,000 706,011 8.88%, 2/15/2019 (a)................................. 301,000 454,375 9.00%, 11/15/2018 (a)................................ 61,000 92,478 9.13%, 5/15/2018 (a)................................. 303,000 458,597 9.25%, 2/15/2016 (a)................................. 220,000 316,382 9.88%, 11/15/2015.................................... 261,000 381,916 10.63%, 8/15/2015.................................... 162,000 242,948 11.25%, 2/15/2015.................................... 492,000 742,034 11.75%, 11/15/2014 (a)............................... 216,000 230,705 12.50%, 8/15/2014.................................... 194,000 202,602 13.25%, 5/15/2014 (a)................................ 197,000 200,065 Treasury Notes 0.88%, 12/31/2010.................................... 1,675,000 1,678,534 0.88%, 1/31/2011 (a)................................. 1,395,000 1,398,041 0.88%, 2/28/2011 (a)................................. 1,444,000 1,446,758 1.13%, 12/15/2011.................................... 1,276,000 1,279,790 1.13%, 1/15/2012 (a)................................. 1,196,000 1,197,220 1.25%, 11/30/2010 (a)................................ 1,630,000 1,643,252 1.38%, 2/15/2012 (a)................................. 655,000 660,325 1.38%, 3/15/2012..................................... 500,000 503,420 1.50%, 10/31/2010.................................... 1,522,000 1,540,279 1.50%, 12/31/2013 (a)................................ 1,126,000 1,123,039 1.75%, 11/15/2011 (a)................................ 1,246,000 1,270,446 1.75%, 1/31/2014 (a)................................. 1,296,000 1,304,839 1.75%, 3/31/2014..................................... 500,000 501,662 1.88%, 2/28/2014 (a)................................. 1,155,000 1,167,682 2.00%, 9/30/2010 (a)................................. 1,814,000 1,850,389 2.00%, 11/30/2013.................................... 1,256,000 1,281,924 2.13%, 4/30/2010 (a)................................. 1,587,000 1,613,201 2.38%, 8/31/2010 (a)................................. 1,798,000 1,842,465 2.38%, 3/31/2016..................................... 500,000 503,107 2.50%, 3/31/2013..................................... 754,000 787,915 2.63%, 5/31/2010..................................... 1,682,000 1,721,527 2.63%, 2/29/2016 (a)................................. 106,000 108,704 2.75%, 7/31/2010 (a)................................. 1,715,000 1,763,586 2.75%, 2/28/2013 (a)................................. 920,000 969,698 2.75%, 10/31/2013 (a)................................ 1,367,000 1,441,775 2.75%, 2/15/2019 (a)................................. 1,477,000 1,484,680 2.88%, 6/30/2010 (a)................................. 1,682,000 1,729,046 2.88%, 1/31/2013 (a)................................. 793,000 839,065 3.13%, 4/30/2013 (a)................................. 809,000 865,767 3.13%, 8/31/2013 (a)................................. 1,244,000 1,332,224 3.13%, 9/30/2013 (a)................................. 853,000 913,606 3.38%, 11/30/2012 (a)................................ 672,000 721,056 3.38%, 6/30/2013 (a)................................. 1,154,000 1,247,705 3.38%, 7/31/2013 (a)................................. 1,162,000 1,257,203 3.50%, 5/31/2013 (a)................................. 1,070,000 1,160,469 3.50%, 2/15/2018 (a)................................. 1,751,000 1,878,788 3.63%, 6/15/2010..................................... 776,000 804,766 3.63%, 12/31/2012.................................... 732,000 793,656 3.63%, 5/15/2013..................................... 1,027,000 1,118,537 3.75%, 11/15/2018 (a)................................ 2,563,000 2,793,491 3.88%, 5/15/2010 (a)................................. 520,000 539,406 3.88%, 7/15/2010 (a)................................. 289,000 301,462 3.88%, 9/15/2010..................................... 695,000 728,165 3.88%, 10/31/2012 (a)................................ 737,000 802,984 3.88%, 2/15/2013 (a)................................. 767,000 840,509 3.88%, 5/15/2018..................................... 1,250,000 1,378,675 4.00%, 4/15/2010 (a)................................. 370,000 383,017 4.00%, 11/15/2012.................................... 920,000 1,008,752 4.00%, 2/15/2014 (a)................................. 1,502,000 1,671,366 4.00%, 2/15/2015 (a)................................. 1,463,000 1,637,068 4.00%, 8/15/2018..................................... 1,459,000 1,620,978 4.13%, 8/15/2010 (a)................................. 715,000 750,199 4.13%, 8/31/2012..................................... 742,000 812,371 4.13%, 5/15/2015 (a)................................. 1,744,000 1,970,406 4.25%, 10/15/2010 (a)................................ 658,000 695,539 4.25%, 1/15/2011 (a)................................. 739,000 786,488 4.25%, 9/30/2012 (a)................................. 442,000 486,615 4.25%, 8/15/2013 (a)................................. 1,392,000 1,559,263 4.25%, 11/15/2013 (a)................................ 1,117,000 1,252,626 4.25%, 8/15/2014 (a)................................. 1,297,000 1,468,243 4.25%, 11/15/2014 (a)................................ 1,055,000 1,197,172 4.25%, 8/15/2015 (a)................................. 1,661,000 1,892,626 4.25%, 11/15/2017 (a)................................ 1,196,000 1,356,599 4.38%, 12/15/2010 (a)................................ 708,000 752,179 4.38%, 8/15/2012 (a)................................. 842,000 931,286 4.50%, 5/15/2010 (a)................................. 806,000 841,238 4.50%, 11/15/2010.................................... 750,000 797,348 4.50%, 2/28/2011 (a)................................. 828,000 886,233 4.50%, 9/30/2011 (a)................................. 858,000 933,204 4.50%, 11/30/2011.................................... 799,000 872,796 4.50%, 3/31/2012 (a)................................. 761,000 836,035 4.50%, 4/30/2012 (a)................................. 761,000 836,681 4.50%, 11/15/2015 (a)................................ 397,000 460,492 4.50%, 2/15/2016 (a)................................. 1,197,000 1,382,020 4.50%, 5/15/2017..................................... 1,207,000 1,389,052 4.63%, 8/31/2011 (a)................................. 852,000 927,777 4.63%, 10/31/2011 (a)................................ 745,000 815,075 4.63%, 12/31/2011 (a)................................ 780,000 856,463 4.63%, 2/29/2012..................................... 721,000 794,073 4.63%, 7/31/2012 (a)................................. 763,000 846,335 4.63%, 11/15/2016 (a)................................ 1,183,000 1,372,185 4.63%, 2/15/2017 (a)................................. 1,122,000 1,303,360 4.75%, 3/31/2011 (a)................................. 833,000 899,040 4.75%, 1/31/2012 (a)................................. 701,000 774,072 4.75%, 5/31/2012..................................... 763,000 846,022 4.75%, 5/15/2014 (a)................................. 1,388,000 1,602,710 4.75%, 8/15/2017 (a)................................. 1,201,000 1,404,209 4.88%, 4/30/2011..................................... 818,000 886,638 4.88%, 5/31/2011..................................... 852,000 926,431 4.88%, 7/31/2011..................................... 817,000 893,210 4.88%, 2/15/2012..................................... 1,149,000 1,274,046 4.88%, 6/30/2012 (a)................................. 723,000 806,485 4.88%, 8/15/2016 (a)................................. 1,123,000 1,321,075 5.00%, 2/15/2011..................................... 1,184,000 1,279,371 5.00%, 8/15/2011 (a)................................. 858,000 943,345 5.13%, 6/30/2011 (a)................................. 821,000 900,793 5.13%, 5/15/2016..................................... 1,108,000 1,321,645 5.75%, 8/15/2010 (a)................................. 800,000 857,192 ------------ TOTAL U.S. TREASURY OBLIGATIONS -- (Cost $113,391,198).................................. 116,740,251 ------------
98 SPDR BARCLAYS CAPITAL INTERMEDIATE TERM TREASURY ETF SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- ---------- ------------ SHORT TERM INVESTMENTS -- 23.1% MONEY MARKET FUNDS -- 23.1% State Street Institutional Liquid Reserves Fund 0.57% (b)(c)........................... 124,565 $ 124,565 State Street Navigator Securities Lending Prime Portfolio (c)(d)..................................... 27,008,895 27,008,895 ------------ TOTAL SHORT TERM INVESTMENTS -- (Cost $27,133,460)................................... 27,133,460 ------------ TOTAL INVESTMENTS -- 122.3% (Cost $140,524,658)........ 143,873,711 OTHER ASSETS AND LIABILITIES -- (22.3)%................ (26,246,393) ------------ NET ASSETS -- 100.0%................................... $117,627,318 ============
(a) Security, or portion thereof, was on loan at March 31, 2009. (b) The rate shown is the annualized seven-day yield at period end. (c) Affiliated Fund managed by SSgA Funds Management, Inc. (d) Investments of cash collateral for securities loaned. 99 SPDR BARCLAYS CAPITAL LONG TERM TREASURY ETF SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
PRINCIPAL SECURITY DESCRIPTION AMOUNT VALUE - -------------------- ---------- ----------- U.S. TREASURY OBLIGATIONS -- 98.9% Treasury Bonds 3.50%, 2/15/2039..................................... $ 454,000 $ 448,575 4.38%, 2/15/2038 (a)................................. 380,000 431,528 4.50%, 2/15/2036 (a)................................. 624,000 719,073 4.50%, 5/15/2038 (a)................................. 407,000 474,985 4.75%, 2/15/2037 (a)................................. 314,000 376,153 5.00%, 5/15/2037 (a)................................. 307,000 381,844 5.25%, 11/15/2028.................................... 202,000 248,248 5.25%, 2/15/2029 (a)................................. 212,000 261,034 5.38%, 2/15/2031 (a)................................. 328,000 413,624 5.50%, 8/15/2028 (a)................................. 232,000 292,742 6.00%, 2/15/2026 (a)................................. 201,000 264,801 6.13%, 11/15/2027 (a)................................ 409,000 549,385 6.13%, 8/15/2029..................................... 190,000 258,505 6.25%, 8/15/2023 (a)................................. 464,000 610,768 6.25%, 5/15/2030..................................... 345,000 478,594 6.38%, 8/15/2027 (a)................................. 173,000 238,245 6.50%, 11/15/2026 (a)................................ 235,000 326,406 6.63%, 2/15/2027..................................... 140,000 197,044 6.75%, 8/15/2026..................................... 159,000 226,144 6.88%, 8/15/2025 (a)................................. 205,000 293,775 7.13%, 2/15/2023 (a)................................. 300,000 422,082 7.25%, 8/15/2022 (a)................................. 252,000 356,162 7.50%, 11/15/2024.................................... 98,000 147,569 7.63%, 11/15/2022.................................... 53,000 77,405 7.63%, 2/15/2025..................................... 137,000 209,121 7.88%, 2/15/2021 (a)................................. 187,000 271,317 8.00%, 11/15/2021 (a)................................ 570,000 843,976 8.13%, 8/15/2019..................................... 339,000 491,903 8.13%, 5/15/2021..................................... 185,000 274,183 8.13%, 8/15/2021 (a)................................. 192,000 285,468 8.50%, 2/15/2020..................................... 184,000 274,754 8.75%, 5/15/2020 (a)................................. 120,000 182,772 8.75%, 8/15/2020..................................... 330,000 503,514 ----------- TOTAL U.S. TREASURY OBLIGATIONS -- (Cost $11,152,775)................................... 11,831,699 ----------- SHORT TERM INVESTMENTS -- 26.9% MONEY MARKET FUNDS -- 26.9% State Street Institutional Liquid Reserves Fund 0.57% (b)(c)........................... 5,591 $ 5,591 State Street Navigator Securities Lending Prime Portfolio (c)(d)....................... 3,218,628 3,218,628 ----------- TOTAL SHORT TERM INVESTMENTS -- (Cost $3,224,219).................................... 3,224,219 ----------- TOTAL INVESTMENTS -- 125.8% (Cost $14,376,994)................................... 15,055,918 OTHER ASSETS AND LIABILITIES -- (25.8)%................ (3,089,181) ----------- NET ASSETS -- 100.0%................................... $11,966,737 ===========
(a) Security, or portion thereof, was on loan at March 31, 2009. (b) The rate shown is the annualized seven-day yield at period end. (c) Affiliated Fund managed by SSgA Funds Management, Inc. (d) Investments of cash collateral for securities loaned. 100 SPDR BARCLAYS CAPITAL AGGREGATE BOND ETF SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
PRINCIPAL SECURITY DESCRIPTION AMOUNT VALUE - -------------------- ----------- ------------- CORPORATE BONDS & NOTES -- 21.3% AEROSPACE & DEFENSE -- 0.6% Boeing Co. 6.13%, 2/15/2033..................................... $ 150,000 $ 145,466 Honeywell International, Inc. 6.13%, 11/1/2011..................................... 805,000 874,304 ------------- 1,019,770 ------------- AIR FREIGHT & LOGISTICS -- 0.1% United Parcel Service, Inc. 6.20%, 1/15/2038..................................... 235,000 239,031 ------------- AUTOMOBILES -- 0.1% Daimler Finance North America LLC 8.00%, 6/15/2010 (a)................................. 200,000 199,500 ------------- BANKS -- 0.8% Kreditanstalt fuer Wiederaufbau: 3.25%, 10/14/2011 (a)................................ 500,000 513,400 4.00%, 10/15/2013 (a)................................ 660,000 695,059 4.50%, 7/16/2018..................................... 200,000 207,674 ------------- 1,416,133 ------------- BEVERAGES -- 0.1% Diageo Capital PLC 5.75%, 10/23/2017.................................... 235,000 238,327 ------------- BUILDING PRODUCTS -- 0.1% Masco Corp. 6.13%, 10/3/2016 (a)................................. 235,000 157,450 ------------- CAPITAL MARKETS -- 0.9% Svensk Exportkredit AB 5.13%, 3/1/2017 (a).................................. 375,000 392,704 The Goldman Sachs Group, Inc.: 5.35%, 1/15/2016..................................... 1,180,000 1,054,625 5.95%, 1/15/2027..................................... 300,000 193,204 ------------- 1,640,533 ------------- CHEMICALS -- 0.2% E.I. du Pont de Nemours & Co. 5.25%, 12/15/2016 (a)................................ 375,000 362,532 ------------- COMMERCIAL BANKS -- 4.0% Bank of New York Mellon Corp. 4.95%, 11/1/2012..................................... 495,000 503,472 Deutsche Bank AG London: 5.38%, 10/12/2012 (a)................................ 375,000 368,482 6.00%, 9/1/2017...................................... 430,000 404,540 European Investment Bank: 2.00%, 2/10/2012..................................... 1,000,000 1,005,518 2.38%, 3/14/2014..................................... 500,000 488,515 HSBC Bank USA NA 4.63%, 4/1/2014 (a).................................. 730,000 681,892 Inter-American Development Bank 5.13%, 9/13/2016..................................... 375,000 417,199 International Bank for Reconstruction & Development 4.75%, 2/15/2035..................................... 80,000 82,510 JPMorgan Chase Bank NA 6.00%, 10/1/2017..................................... 510,000 471,912 Key Bank NA 5.80%, 7/1/2014...................................... 430,000 350,826 Oesterreichische Kontrollbank AG 4.75%, 10/16/2012 (a)................................ 375,000 401,205 Royal Bank of Scotland Group PLC 5.00%, 11/12/2013.................................... 375,000 237,757 US Bank NA 6.38%, 8/1/2011...................................... 235,000 244,355 Wachovia Bank NA 5.85%, 2/1/2037...................................... 655,000 460,785 Wells Fargo & Co: 4.88%, 1/12/2011..................................... 375,000 372,273 5.63%, 12/11/2017.................................... 235,000 214,341 Wells Fargo Bank NA 4.75%, 2/9/2015...................................... 805,000 645,815 ------------- 7,351,397 ------------- COMMUNICATIONS EQUIPMENT -- 0.1% Cisco Systems, Inc. 5.50%, 2/22/2016..................................... 225,000 235,622 ------------- COMPUTERS & PERIPHERALS -- 0.3% International Business Machines Corp. 5.88%, 11/29/2032.................................... 150,000 142,687 Oracle Corp. 5.00%, 1/15/2011..................................... 375,000 392,945 ------------- 535,632 ------------- DIVERSIFIED FINANCIAL SERVICES -- 3.8% American Express Credit Corp. 5.88%, 5/2/2013...................................... 250,000 220,428 American General Finance Corp. 5.85%, 6/1/2013...................................... 100,000 42,000 Asian Development Bank 4.38%, 9/17/2010..................................... 100,000 103,492 Bank of America NA 5.30%, 3/15/2017..................................... 1,105,000 803,044 Citigroup, Inc. 5.63%, 8/27/2012..................................... 1,570,000 1,177,965 Credit Suisse USA, Inc. 6.50%, 1/15/2012..................................... 930,000 949,382 General Electric Capital Corp: 5.25%, 10/19/2012.................................... 375,000 361,746 5.63%, 5/1/2018...................................... 810,000 697,292 6.75%, 3/15/2032..................................... 225,000 179,419 HSBC Finance Corp. 5.25%, 1/14/2011 (a)................................. 310,000 273,577 JPMorgan Chase & Co. 6.63%, 3/15/2012..................................... 1,580,000 1,546,838 Merrill Lynch & Co., Inc. 6.88%, 4/25/2018..................................... 535,000 405,524 National Rural Utilities Cooperative Finance Corp. 8.00%, 3/1/2032...................................... 330,000 304,969 ------------- 7,065,676 ------------- ELECTRIC UTILITIES -- 1.1% Duke Energy Carolinas LLC 7.00%, 11/15/2018 (a)................................ 375,000 428,946 Pacific Gas & Electric Co. 4.80%, 3/1/2014...................................... 805,000 809,270 Progress Energy, Inc. 7.75%, 3/1/2031...................................... 375,000 374,086 San Diego Gas & Electric Co. 6.13%, 9/15/2037..................................... 100,000 103,470 Virginia Electric and Power Co. 5.10%, 11/30/2012 (a)................................ 330,000 336,297 ------------- 2,052,069 -------------
101 SPDR BARCLAYS CAPITAL AGGREGATE BOND ETF SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
PRINCIPAL SECURITY DESCRIPTION AMOUNT VALUE - -------------------- ----------- ------------- FOOD & STAPLES RETAILING -- 0.3% CVS Caremark Corp. 6.25%, 6/1/2027...................................... $ 235,000 $ 217,636 Wal-Mart Stores, Inc. 5.88%, 4/5/2027 (a).................................. 300,000 300,085 ------------- 517,721 ------------- FOOD PRODUCTS -- 0.6% Archer-Daniels-Midland Co. 5.38%, 9/15/2035..................................... 225,000 191,410 General Mills, Inc. 5.70%, 2/15/2017..................................... 375,000 382,363 Kraft Foods, Inc. 5.63%, 11/1/2011..................................... 375,000 392,111 Safeway, Inc. 5.63%, 8/15/2014..................................... 200,000 205,083 ------------- 1,170,967 ------------- GAS UTILITIES -- 0.1% KeySpan Corp. 7.63%, 11/15/2010 (a)................................ 100,000 104,186 ------------- HEALTH CARE EQUIPMENT & SUPPLIES -- 0.1% Baxter International, Inc. 6.25%, 12/1/2037..................................... 140,000 143,344 ------------- HEALTH CARE PROVIDERS & SERVICES -- 0.4% UnitedHealth Group, Inc. 5.25%, 3/15/2011 (a)................................. 805,000 804,185 ------------- HOTELS, RESTAURANTS & LEISURE -- 0.2% McDonald's Corp. 5.35%, 3/1/2018...................................... 330,000 345,721 ------------- HOUSEHOLD PRODUCTS -- 0.2% Kimberly-Clark Corp. 5.00%, 8/15/2013..................................... 200,000 210,175 Procter & Gamble Co. 5.55%, 3/5/2037...................................... 225,000 222,710 ------------- 432,885 ------------- INDUSTRIAL CONGLOMERATES -- 0.2% General Electric Co. 5.25%, 12/6/2017..................................... 330,000 306,247 ------------- INSURANCE -- 0.6% American International Group, Inc. 5.45%, 5/18/2017..................................... 730,000 277,400 Berkshire Hathaway Finance Corp. 5.00%, 8/15/2013 (a)................................. 200,000 205,700 MetLife, Inc. 5.70%, 6/15/2035..................................... 375,000 256,043 The Allstate Corp. 5.95%, 4/1/2036...................................... 150,000 108,872 The Travelers Cos., Inc. 6.25%, 3/15/2037 (b)................................. 375,000 206,250 XL Capital, Ltd. 6.50%, 12/31/2049 (b)(c)............................. 375,000 75,000 ------------- 1,129,265 ------------- MACHINERY -- 0.1% Caterpillar, Inc. 6.05%, 8/15/2036..................................... 150,000 126,023 ------------- MEDIA -- 0.6% Comcast Corp. 6.50%, 1/15/2017..................................... 300,000 294,773 News America, Inc. 6.15%, 3/1/2037...................................... 225,000 159,446 Time Warner Cable, Inc. 5.85%, 5/1/2017...................................... 300,000 269,711 Time Warner, Inc. 7.70%, 5/1/2032...................................... 225,000 205,377 Walt Disney Co. 5.70%, 7/15/2011..................................... 200,000 213,665 ------------- 1,142,972 ------------- METALS & MINING -- 0.4% Alcoa, Inc. 5.38%, 1/15/2013..................................... 200,000 156,000 Rio Tinto Finance USA, Ltd. 5.88%, 7/15/2013..................................... 400,000 352,000 Vale Overseas, Ltd. 6.88%, 11/21/2036.................................... 300,000 257,475 ------------- 765,475 ------------- MULTI-UTILITIES -- 0.2% Midamerican Energy Holdings Co. 6.13%, 4/1/2036...................................... 375,000 328,409 ------------- MULTILINE RETAIL -- 0.2% Macy's Retail Holdings, Inc. 5.35%, 3/15/2012..................................... 375,000 292,500 ------------- OFFICE ELECTRONICS -- 0.2% Xerox Corp. 5.65%, 5/15/2013..................................... 400,000 336,273 ------------- OIL, GAS & CONSUMABLE FUELS -- 1.4% Anadarko Petroleum Corp. 5.95%, 9/15/2016..................................... 300,000 257,042 Canadian Natural Resources, Ltd. 6.25%, 3/15/2038..................................... 375,000 277,658 ConocoPhillips Canada Funding Co. 5.63%, 10/15/2016.................................... 805,000 821,592 Kinder Morgan Energy Partners LP 5.80%, 3/15/2035..................................... 160,000 119,355 Pemex Project Funding Master Trust 6.63%, 6/15/2035..................................... 100,000 72,750 Southern Natural Gas Co. 5.90%, 4/1/2017 (d).................................. 805,000 711,310 Transocean, Inc. 6.00%, 3/15/2018..................................... 140,000 130,887 Weatherford International, Inc. 6.80%, 6/15/2037..................................... 150,000 107,440 XTO Energy, Inc. 5.90%, 8/1/2012...................................... 150,000 150,538 ------------- 2,648,572 ------------- PHARMACEUTICALS -- 0.8% Abbott Laboratories 5.60%, 5/15/2011..................................... 375,000 401,659 AstraZeneca PLC 6.45%, 9/15/2037..................................... 75,000 76,755 Eli Lilly & Co. 5.20%, 3/15/2017..................................... 300,000 306,071
102 SPDR BARCLAYS CAPITAL AGGREGATE BOND ETF SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
PRINCIPAL SECURITY DESCRIPTION AMOUNT VALUE - -------------------- ----------- ------------- Schering-Plough Corp. 6.00%, 9/15/2017..................................... $ 375,000 $ 387,800 Wyeth 5.95%, 4/1/2037...................................... 225,000 211,271 ------------- 1,383,556 ------------- REAL ESTATE INVESTMENT TRUST -- 0.1% Simon Property Group LP 5.60%, 9/1/2011...................................... 250,000 225,000 ------------- ROAD & RAIL -- 0.2% CSX Corp. 6.15%, 5/1/2037...................................... 150,000 106,813 Norfolk Southern Corp. 7.70%, 5/15/2017..................................... 300,000 324,580 ------------- 431,393 ------------- SPECIALTY RETAIL -- 0.2% Home Depot, Inc. 5.40%, 3/1/2016...................................... 375,000 335,133 ------------- TELECOMMUNICATIONS -- 0.2% Verizon Communications, Inc. 6.40%, 2/15/2038..................................... 400,000 358,076 ------------- TOBACCO -- 0.2% Philip Morris International, Inc. 4.88%, 5/16/2013..................................... 400,000 405,914 ------------- WIRELESS TELECOMMUNICATION SERVICES -- 1.6% AT&T Corp. 8.00%, 11/15/2031.................................... 430,000 464,419 Deutsche Telekom International Finance 8.50%, 6/15/2010 (e)................................. 805,000 841,282 Embarq Corp. 7.08%, 6/1/2016...................................... 150,000 136,500 New Cingular Wireless Services, Inc. 8.13%, 5/1/2012 (a).................................. 375,000 406,662 Telecom Italia Capital 5.25%, 10/1/2015..................................... 505,000 430,181 Verizon Global Funding Corp. 6.88%, 6/15/2012..................................... 375,000 394,676 Vodafone Group PLC 5.63%, 2/27/2017..................................... 225,000 222,665 ------------- 2,896,385 ------------- TOTAL CORPORATE BONDS & NOTES -- (Cost $42,251,780)................................... 39,143,874 ------------- FOREIGN GOVERNMENT OBLIGATIONS -- 1.6% Federal Republic of Brazil 8.25%, 1/20/2034..................................... 330,000 364,072 Province of Ontario 4.95%, 6/1/2012...................................... 430,000 454,582 Province of Quebec 7.50%, 9/15/2029..................................... 430,000 549,004 Republic of Italy 5.63%, 6/15/2012..................................... 730,000 778,917 United Mexican States 5.63%, 1/15/2017..................................... 805,000 784,875 ------------- TOTAL FOREIGN GOVERNMENT OBLIGATIONS -- (Cost $2,989,461).................................... 2,931,450 ------------- U.S. AGENCY MBS TBA -- 40.8% Fannie Mae 5.00% 15YR TBA....................................... 2,900,000 3,005,125 5.50% 30YR TBA....................................... 18,000,000 18,675,000 6.00% 15YR TBA....................................... 2,700,000 2,827,406 6.50% 30YR TBA....................................... 6,100,000 6,421,203 7.00% 30YR TBA....................................... 2,000,000 2,130,625 Freddie Mac 4.50% 30YR TBA....................................... 1,300,000 1,326,305 4.50% 15YR TBA....................................... 3,350,000 3,445,266 5.00% 30YR TBA....................................... 11,900,000 12,263,508 5.50% 15YR TBA....................................... 2,000,000 2,084,687 6.00% 30YR TBA....................................... 12,300,000 12,853,500 6.50% 15YR TBA....................................... 1,500,000 1,575,938 Ginnie Mae 5.00% 30YR TBA....................................... 1,050,000 1,087,898 5.50% 30YR TBA....................................... 3,200,000 3,329,500 6.00% 30YR TBA....................................... 3,000,000 3,134,531 6.50% 30YR TBA....................................... 1,000,000 1,048,906 ------------- TOTAL U.S. AGENCY MBS TBA -- (Cost $74,141,277)................................... 75,209,398 ------------- U.S. GOVERNMENT AGENCY OBLIGATIONS -- 10.0% Fannie Mae 1.75%, 3/23/2011 (a)................................. 2,000,000 2,012,206 3.00%, 7/12/2010..................................... 2,000,000 2,048,985 5.00%, 2/16/2012..................................... 1,628,000 1,778,438 5.00%, 5/11/2017 (a)................................. 1,125,000 1,247,123 7.13%, 1/15/2030 (a)................................. 765,000 1,046,799 Federal Home Loan Bank 5.13%, 8/14/2013..................................... 1,630,000 1,813,421 5.38%, 8/19/2011..................................... 2,885,000 3,141,619 Freddie Mac 4.13%, 7/12/2010..................................... 2,775,000 2,882,557 4.50%, 1/15/2013..................................... 1,020,000 1,115,355 5.00%, 4/18/2017 (a)................................. 1,178,000 1,305,090 ------------- TOTAL U.S. GOVERNMENT AGENCY OBLIGATIONS -- (Cost $17,715,488)................................... 18,391,593 ------------- U.S. TREASURY OBLIGATIONS -- 25.6% Treasury Bonds 4.38%, 2/15/2038 (a)................................. 1,880,000 2,134,928 5.50%, 8/15/2028 (a)................................. 1,840,000 2,321,749 8.00%, 11/15/2021 (a)................................ 2,515,000 3,723,860 8.88%, 8/15/2017 (a)................................. 2,723,000 3,972,040 Treasury Notes 0.88%, 12/31/2010.................................... 1,860,000 1,863,925 1.75%, 3/31/2014..................................... 5,000,000 5,017,200 2.38%, 8/31/2010 (a)................................. 4,400,000 4,508,812 3.13%, 8/31/2013 (a)................................. 3,905,000 4,181,942 3.88%, 5/15/2018..................................... 3,470,000 3,827,202 4.13%, 5/15/2015 (a)................................. 3,655,000 4,129,492 4.50%, 9/30/2011..................................... 2,070,000 2,251,435 4.50%, 4/30/2012 (a)................................. 6,058,000 6,660,468 4.75%, 8/15/2017 (a)................................. 2,230,000 2,607,316 ------------- TOTAL U.S. TREASURY OBLIGATIONS -- (Cost $45,695,448)................................... 47,200,369 -------------
103 SPDR BARCLAYS CAPITAL AGGREGATE BOND ETF SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
PRINCIPAL SECURITY DESCRIPTION AMOUNT VALUE - -------------------- ----------- ------------- SHORT TERM INVESTMENTS -- 55.7% MONEY MARKET FUNDS -- 55.7% State Street Institutional Liquid Reserves Fund 0.57% (f)(g)(h)............................................ $75,375,906 $ 75,375,906 State Street Navigator Securities Lending Prime Portfolio (f)(i)....................... 27,133,588 27,133,588 ------------- TOTAL SHORT TERM INVESTMENTS -- (Cost $102,509,494).................................. 102,509,494 ------------- TOTAL INVESTMENTS -- 155.0% (Cost $285,302,948)........ 285,386,178 OTHER ASSETS AND LIABILITIES -- (55.0)%................ (101,308,571) ------------- NET ASSETS -- 100.0%................................... $ 184,077,607 =============
(a) Security, or portion thereof, was on loan as of March 31, 2009. (b) Variable Rate Security. Rate shown is as of March 31, 2009. (c) Security is valued at fair value as determined in good faith by the Trust's Pricing and Investment Committee in accordance with procedures approved by the Board of Trustees. (d) Security purchased pursuant to Rule 144A of the Securities Act of 1933. This security, which represents 0.39% of net assets as of March 31, 2009, is considered liquid and may be resold in transactions exempt from registration, normally to qualified institutional buyers. (e) Step up Bond. Coupon rate increases in increments to maturity. Rate disclosed is as of March 31, 2009. Maturity date disclosed is the ultimate maturity date. (f) Affiliated Fund managed by SSgA Funds Management, Inc. (g) Security or a portion of the security has been designated as collateral for TBA securities. (h) The rate shown is the annualized seven-day yield at period end. (i) Investments of cash collateral for securities loaned. TBA = To Be Announced 104 SPDR BARCLAYS CAPITAL MUNICIPAL BOND ETF SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
PRINCIPAL SECURITY DESCRIPTION AMOUNT VALUE - -------------------- ----------- ------------ MUNICIPAL BONDS AND NOTES -- 98.3% ALABAMA -- 0.9% Alabama, Auburn University, General Fee Revenue 5.00%, 6/1/2038 (a).................................. $ 2,200,000 $ 2,163,370 Alabama, Public School & College Authority 5.00%, 12/1/2023..................................... 1,500,000 1,584,060 Birmingham, AL, Capital Investment Series A 4.50%, 12/1/2027............................ 1,000,000 881,890 ------------ 4,629,320 ------------ ARIZONA -- 4.6% Arizona, Salt River Project, Agricultural Improvement & Power District: Series A 5.00%, 1/1/2016............................. 500,000 563,230 Series A 5.00%, 1/1/2022............................. 500,000 538,470 Series A 5.00%, 1/1/2027............................. 2,500,000 2,565,725 Arizona, State Transportation Board, Excise Tax Revenue 5.00%, 7/1/2021...................................... 1,500,000 1,636,275 Arizona, State Transportation Board, Highway Revenue Series A 5.00%, 7/1/2028............................ 7,145,000 7,357,778 Chandler, AZ, General Obligation 4.25%, 7/1/2026....... 5,000,000 4,696,400 Maricopa County, AZ, Community College District, General Obligation Series C 3.00%, 7/1/2022............................ 2,000,000 1,660,500 Phoenix, AZ, Civic Improvement Corp., Wastewater System Revenue, Senior Lien 5.50%, 7/1/2019...................................... 1,000,000 1,159,310 Phoenix, AZ, General Obligation Series A 5.00%, 7/1/2017............................. 1,000,000 1,141,150 Pima County, AZ, Industrial Development Authority, Lease Revenue 5.00%, 9/1/2039...................................... 2,000,000 1,793,700 ------------ 23,112,538 ------------ CALIFORNIA -- 12.3% Azusa, CA, Public Financing Authority, Revenue 5.00%, 7/1/2039 (a).................................. 1,200,000 1,125,360 California, Golden Empire Schools Financing Authority, Lease Revenue 4.00%, 5/1/2010........................ 4,000,000 4,071,480 California, State Public Works Board, Lease Revenue Series D 5.00%, 5/1/2025............................. 1,000,000 991,240 California, State University Revenue: Series A 4.50%, 11/1/2044 (a)........................ 6,090,000 5,001,230 Series A 5.00%, 11/1/2037 (a)........................ 1,000,000 893,090 Foothill-De Anza, CA, Community College District, General Obligation Series B 5.00%, 8/1/2027............................ 4,475,000 4,374,894 Los Angeles, CA, Unified School District: Series B 4.75%, 7/1/2019 (a)......................... 3,485,000 3,599,029 Series A-1 5.00%, 7/1/2016 (a)....................... 3,000,000 3,216,720 Series A 5.00%, 7/1/2018............................. 900,000 960,732 Metropolitan Water District of Southern California, Waterworks Revenue Series A 5.00%, 1/1/2029............................. 4,900,000 4,925,921 Rancho Santiago, CA, Community College District, General Obligation 5.00%, 9/1/2026 (a)............... 3,535,000 3,554,089 San Diego, CA, Community College District 5.00%, 5/1/2020 (a).................................. 2,720,000 2,872,891 San Diego, CA, Unified School District Series C-2 5.50%, 7/1/2019 (a)...................... 1,600,000 1,804,592 San Francisco, CA, Bay Area Rapid Transit District: Series B 5.00%, 8/1/2022............................. 1,500,000 1,630,740 Series B 5.00%, 8/1/2032............................. 1,600,000 1,618,368 San Francisco, CA, City & County Public Utilities Commission Water Revenue Series A 4.50%, 11/1/2031 (a)........................ 1,000,000 859,490 San Francisco, CA, Community College District Series B 5.00%, 6/15/2028 (a)........................ 5,225,000 5,129,748 San Francisco, CA, Toll Bridge Revenue Series F 5.00%, 4/1/2031............................. 4,775,000 4,602,241 San Jose, CA, Evergreen Community College District Series A Zero Coupon, 9/1/2020 (a)................... 2,500,000 1,471,350 University of California: Series J 4.50%, 5/15/2031 (a)........................ 3,000,000 2,659,350 Series B 4.75%, 5/15/2038............................ 1,300,000 1,156,376 Series E 5.00%, 5/15/2014 (a)........................ 3,180,000 3,553,046 West Valley-Mission Community College District, CA, Election 2004-A 5.00%, 8/1/2030 (a).................................. 2,000,000 1,933,660 ------------ 62,005,637 ------------ COLORADO -- 1.7% Cherry Creek, CO, Arapahoe County School District, General Obligation 5.50%, 12/15/2013 (a)............. 2,030,000 2,335,332 Douglas County, CO, School District Series B 5.00%, 12/15/2019........................... 2,000,000 2,217,940 Platte River, CO, Power Authority Revenue Series HH 5.00%, 6/1/2029............................ 1,000,000 994,900 University of Colorado, Enterprise System Revenue 5.00%, 6/1/2023 (a).................................. 3,000,000 3,119,010 ------------ 8,667,182 ------------ CONNECTICUT -- 1.7% Connecticut, State General Obligation: Series A 4.50%, 5/1/2026............................. 1,000,000 1,006,030 Series C 5.00%, 4/1/2011 (a)......................... 2,000,000 2,152,620 Series B 5.00%, 4/15/2012............................ 5,000,000 5,528,000 ------------ 8,686,650 ------------
105 SPDR BARCLAYS CAPITAL MUNICIPAL BOND ETF SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
PRINCIPAL SECURITY DESCRIPTION AMOUNT VALUE - -------------------- ----------- ------------ DELAWARE -- 0.7% Delaware, State General Obligation 5.00%, 3/1/2013..... $ 1,000,000 $ 1,125,560 New Castle County, DE, General Obligation Series A 5.00%, 7/15/2039............................ 2,500,000 2,529,450 ------------ 3,655,010 ------------ FLORIDA -- 1.9% Florida, State Board of Education, General Obligation Series B 5.25%, 6/1/2013............................. 2,000,000 2,226,060 Florida, State Board of Education, Public Education Capital Outlay Series A 5.00%, 6/1/2016............................. 900,000 996,228 Gainesville, FL, Utility System Revenue, (Pre-refunded) Series A 5.00%, 10/1/2035 (a)........................ 900,000 1,041,111 JEA, FL, Bulk Power Supply System Revenue, Scherer 4 Project Series A 5.63%, 10/1/2033............................ 5,000,000 5,033,450 ------------ 9,296,849 ------------ GEORGIA -- 1.9% Augusta, GA Water & Sewer Revenue 5.00%, 10/1/2014 (a).................................................. 1,085,000 1,226,419 De Kalb County, GA, Water & Sewer Revenue Series B 5.25%, 10/1/2024............................ 3,000,000 3,356,100 Georgia, State General Obligation: Series D 5.00%, 7/1/2009............................. 1,000,000 1,011,150 Series B 5.00%, 4/1/2012............................. 2,000,000 2,219,140 Milledgeville -- Baldwin County, GA, Development Authority, (Pre-refunded) 5.50%, 9/1/2024...................................... 1,500,000 1,769,565 ------------ 9,582,374 ------------ HAWAII -- 2.1% Hawaii, State General Obligation: Series DF 5.00%, 7/1/2020 (a)........................ 1,060,000 1,150,291 Series DJ 5.00%, 4/1/2023 (a)........................ 900,000 961,065 Series DI 5.00%, 3/1/2025 (a)........................ 5,000,000 5,185,950 Hawaii, State Highway Revenue Series B 5.00%, 7/1/2015............................. 1,285,000 1,472,815 Honolulu, HI, City & County General Obligation Series A 5.00%, 7/1/2029............................. 1,500,000 1,542,750 ------------ 10,312,871 ------------ ILLINOIS -- 5.7% Chicago, IL, General Obligation: Series A 5.00%, 1/1/2015............................. 900,000 1,005,363 Series B 5.00%, 1/1/2022 (a)......................... 1,000,000 1,042,920 Chicago, IL, Metropolitan Water Reclamation District: Series A 5.00%, 12/1/2020............................ 1,000,000 1,117,150 Series C 5.25%, 12/1/2032............................ 5,000,000 5,179,000 Chicago, IL, O'Hare International Airport Revenue Series A 5.00%, 1/1/2038............................. 1,500,000 1,431,720 Chicago, IL, Water Revenue 5.25%, 11/1/2038..................................... 2,500,000 2,437,600 Illinois Finance Authority Revenue, University of Chicago Series B 6.25%, 7/1/2038............................. 5,000,000 5,469,300 Illinois, State General Obligation: Series B 5.00%, 3/1/2014............................. 2,000,000 2,217,000 Series A 5.00%, 6/1/2021............................. 5,000,000 5,447,300 Kendall, Kane, & Will Counties, IL, School District, General Obligation Zero Coupon, 2/1/2022 (a)......... 5,000,000 2,614,100 Southwestern, IL, Development Authority Revenue Zero Coupon, 12/1/2021 (a)........................... 1,125,000 598,298 ------------ 28,559,751 ------------ INDIANA -- 2.2% Indiana, Finance Authority, Highway Revenue: Series A 4.50%, 12/1/2020 (a)........................ 1,000,000 1,029,340 Series A 4.50%, 6/1/2027 (a)......................... 5,000,000 4,784,200 Indiana, State Finance Authority, Lease Revenue Series A-1 5.00%, 11/1/2015.......................... 3,000,000 3,388,170 Indiana, State Finance Authority, State Revolving Fund Program Revenue Series B 5.00%, 2/1/2018............................. 1,535,000 1,728,318 ------------ 10,930,028 ------------ KANSAS -- 0.4% Kansas, State Department of Transportation, Highway Revenue Series A 5.00%, 9/1/2011............................. 2,000,000 2,179,560 ------------ KENTUCKY -- 0.8% Kentucky, State Property & Buildings Commission 5.00%, 8/1/2013...................................... 1,000,000 1,103,210 Kentucky, State Turnpike Authority, Economic Development Road Revenue 5.00%, 7/1/2025 (a).................................. 1,500,000 1,539,510 Kentucky, State Turnpike Authority, Economic Recovery Series B 4.50%, 7/1/2023............................. 1,285,000 1,279,564 ------------ 3,922,284 ------------ MARYLAND -- 2.4% Maryland, State Department of Transportation, Highway Revenue: 5.00%, 2/15/2015..................................... 1,500,000 1,700,775 5.00%, 2/15/2017..................................... 1,925,000 2,203,086 Maryland, State General Obligation: 5.00%, 8/1/2012...................................... 1,250,000 1,400,125 Series A 5.25%, 2/15/2013............................ 1,000,000 1,133,090 Montgomery County, MD, Public Improvement Series A 5.00%, 7/1/2016............................. 1,500,000 1,742,700 Montgomery, MD, General Obligation Series A 5.00%, 9/1/2015............................. 3,530,000 3,993,065 ------------ 12,172,841 ------------
106 SPDR BARCLAYS CAPITAL MUNICIPAL BOND ETF SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
PRINCIPAL SECURITY DESCRIPTION AMOUNT VALUE - -------------------- ----------- ------------ MASSACHUSETTS -- 8.5% Massachusetts, Bay Transportation Authority, Revenue Series A 5.00%, 7/1/2029............................. $ 3,000,000 $ 3,431,400 Massachusetts, Bay Transportation Authority, Sales Tax Revenue Series A 5.00%, 7/1/2021............................. 1,000,000 1,110,350 Massachusetts, School Building Authority: Series A 5.00%, 8/15/2024............................ 1,000,000 1,039,700 Series A 5.00%, 8/15/2026............................ 3,000,000 3,065,430 Series A 5.00%, 8/15/2030 (a)........................ 2,700,000 2,707,128 Massachusetts, State Construction Loan Series B 5.00%, 8/1/2015............................. 1,310,000 1,488,212 Massachusetts, State General Obligation: Series A 5.25%, 8/1/2019............................. 900,000 1,034,640 Series B 5.25%, 9/1/2024 (a)......................... 5,000,000 5,560,950 Series C 5.50%, 12/1/2022 (a)........................ 11,000,000 12,748,230 Massachusetts, State Health & Educational Facilities Authority Revenue Series A 5.50%, 11/15/2036........................... 2,000,000 2,120,960 Massachusetts, State Tax Revenue 5.00%, 1/1/2034 (a)... 1,000,000 1,109,260 Massachusetts, State Water Pollution Abatement Trust 5.25%, 8/1/2033...................................... 2,000,000 2,075,520 Massachusetts, State Water Resources Authority Series A 5.13%, 8/1/2026............................. 5,000,000 5,110,600 ------------ 42,602,380 ------------ MICHIGAN -- 0.4% Michigan, Municipal Bond Authority Revenue 5.00%, 10/1/2022..................................... 1,700,000 1,806,879 ------------ MINNESOTA -- 0.9% Minnesota, State General Obligation: 5.00%, 6/1/2015...................................... 1,820,000 2,091,708 2.00%, 6/1/2018...................................... 1,940,000 2,184,285 ------------ 4,275,993 ------------ MISSISSIPPI -- 0.2% Mississippi, State General Obligation 5.00%, 12/1/2013............................................ 1,000,000 1,124,310 ------------ MISSOURI -- 1.5% Missouri, State Highways & Transit Commission, State Road Revenue, Second Lien: 5.25%, 5/1/2019...................................... 4,000,000 4,542,960 5.25%, 5/1/2020...................................... 1,000,000 1,122,180 Missouri, State Regional Convention & Sports Complex Authority 5.25%, 8/15/2016 (a)................................. 1,800,000 1,908,486 ------------ 7,573,626 ------------ MONTANA -- 0.5% Montana, State Department of Transportation Revenue 5.00%, 6/1/2015 (a).................................. 2,130,000 2,424,430 ------------ NEBRASKA -- 1.0% Omaha, NE, Public Power District Series A 5.00%, 2/1/2039............................. 5,000,000 4,871,100 ------------ NEVADA -- 2.8% Clark County, NV, General Obligation: 4.50%, 6/1/2018 (a).................................. 1,475,000 1,513,984 4.75%, 6/1/2025 (a).................................. 1,735,000 1,635,272 Clark County, NV, Highway Improvement Revenue 5.00%, 7/1/2012 (a).................................. 1,000,000 1,084,240 Clark County, NV, School District, General Obligation: Series B 4.50%, 6/15/2016............................ 1,010,000 1,027,978 Series A 5.00%, 6/15/2014............................ 900,000 961,425 Series D 5.00%, 6/15/2017 (a)........................ 4,815,000 4,983,477 Las Vegas Valley, NV, Water District, General Obligation Series B 5.00%, 6/1/2015............................. 1,500,000 1,621,935 Nevada, State Highway Improvement Revenue 5.00%, 12/1/2017 (a)................................. 1,000,000 1,081,830 ------------ 13,910,141 ------------ NEW JERSEY -- 0.8% New Jersey, State Educational Facilities Authority Revenue, Higher Education Capital Improvement Series A 5.00%, 9/1/2018............................. 735,000 792,110 New Jersey, State Transportation Trust Fund Authority: (Escrow to Maturity) Series A 5.25%, 6/15/2012 (a)........................ 1,305,000 1,469,534 Series C Zero Coupon, 12/15/2029 (a)................. 2,585,000 753,295 New Jersey, State Turnpike Authority Series A 5.25%, 1/1/2027 (a)......................... 1,000,000 1,044,730 ------------ 4,059,669 ------------ NEW MEXICO -- 0.4% New Mexico, Severance Tax Series A-1 4.00%, 7/1/2014........................... 2,000,000 2,096,980 ------------ NEW YORK -- 12.4% Erie County, NY, Industrial Development Agency Revenue: Series A 5.75%, 5/1/2019 (a)......................... 1,500,000 1,673,925 Series A 5.75%, 5/1/2021............................. 3,000,000 3,238,860 New York, NY, City Municipal Water Finance Authority: Series DD 4.63%, 6/15/2031........................... 1,030,000 937,135 Series C 4.75%, 6/15/2033............................ 1,000,000 928,720 Series C 5.00%, 6/15/2035............................ 2,320,000 2,253,834 Series D 5.00%, 6/15/2038............................ 2,000,000 1,934,280 New York, NY, City Transitional Finance Authority: Sub Series D-1 5.00%, 11/1/2013...................... 1,500,000 1,668,780 Sub Series C-1 5.00%, 11/1/2020...................... 900,000 968,166 Series B 5.00%, 8/1/2021............................. 2,725,000 2,831,057 New York, NY, General Obligation: Series C-1 5.00%, 10/1/2012.......................... 1,400,000 1,512,028 Series B 5.25%, 8/1/2015............................. 2,000,000 2,152,560
107 SPDR BARCLAYS CAPITAL MUNICIPAL BOND ETF SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
PRINCIPAL SECURITY DESCRIPTION AMOUNT VALUE - -------------------- ----------- ------------ New York, State Dormitory Authority Revenue: Series A 5.00%, 7/1/2038............................. $ 3,350,000 $ 3,167,894 New York, State Dormitory Authority, State Income Tax Revenue: Series D 5.00%, 3/15/2016............................ 1,800,000 2,014,722 Series B 5.00%, 3/15/2028............................ 5,000,000 5,023,200 New York, State Environmental Facscorp Series A 4.50%, 6/15/2036............................ 1,500,000 1,353,390 New York, State Local Government Assistance Corp. Series A 5.00%, 4/1/2020............................. 3,000,000 3,284,070 New York, State Thruway Authority, Second General Highway & Boarding Trust Fund: Series B 5.00%, 4/1/2019............................. 5,400,000 5,796,630 Series A 5.00%, 4/1/2020............................. 3,000,000 3,166,470 New York, State Thruway Authority: Series G 4.75%, 1/1/2030 (a)......................... 920,000 847,145 Series B 5.00%, 4/1/2014 (a)......................... 2,000,000 2,200,820 Series A 5.00%, 4/1/2021............................. 500,000 521,705 Series A 5.00%, 3/15/2028............................ 2,000,000 2,008,920 New York, State Urban Development Corp. Revenue: Series B 3.63%, 3/15/2012 (a)........................ 710,000 746,849 Series A-1 5.00%, 12/15/2016......................... 2,000,000 2,246,780 Series B 5.00%, 3/15/2020............................ 3,000,000 3,223,650 Series A-1 5.00%, 12/15/2022 (a)..................... 1,000,000 1,036,190 Series B-1 5.00%, 3/15/2036.......................... 1,000,000 969,740 New York & New Jersey, Port Authority Revenue: 144th Series 5.00%, 10/1/2028........................ 3,000,000 3,029,850 144th Series 5.00%, 12/1/2029........................ 1,500,000 1,507,890 ------------ 62,245,260 ------------ NORTH CAROLINA -- 2.8% Charlotte, NC, Water & Sewer System Revenue 5.00%, 7/1/2038...................................... 3,000,000 3,028,530 Mecklenburg County, NC, General Obligation Series A 4.00%, 8/1/2015............................. 3,135,000 3,437,433 North Carolina, Infrastructure Finance Corp. Certificate Participation Series A 5.00%, 2/1/2020 (a)......................... 1,275,000 1,383,082 North Carolina, State General Obligation Series B 5.00%, 4/1/2016............................. 2,000,000 2,313,480 University of North Carolina, Chapel Hill 5.00%, 12/1/2031..................................... 3,640,000 3,711,526 ------------ 13,874,051 ------------ OHIO -- 1.2% Columbus, OH, General Obligation: Series D 5.00%, 12/15/2009........................... 1,000,000 1,031,180 Series A 5.00%, 9/1/2018............................. 1,500,000 1,710,750 Ohio, State General Obligation Series A 5.00%, 6/15/2010............................ 2,170,000 2,277,003 Ohio, University of Akron, General Receipts Series A 5.00%, 1/1/2033 (a)......................... 1,000,000 964,900 ------------ 5,983,833 ------------ OREGON -- 1.3% Oregon, State Department of Transportation Revenue: Series A 5.00%, 11/15/2033........................... 1,500,000 1,503,465 Series C 5.00%, 11/15/2015........................... 1,500,000 1,695,105 Portland, OR, Sewer System Revenue Series A 5.00%, 6/1/2015 (a)......................... 1,730,000 1,958,585 Salem-Keizer, OR, School District No. 24J, General Obligation Series B Zero Coupon, 6/15/2021...................... 2,010,000 1,116,193 ------------ 6,273,348 ------------ PENNSYLVANIA -- 2.1% Central Bucks, PA, School District 5.00%, 5/15/2023.... 2,500,000 2,691,275 Pennsylvania, Commonwealth Financing Authority Revenue Series A 5.00%, 6/1/2025 (a)......................... 1,925,000 1,983,251 Pennsylvania, State General Obligation: Series A 4.50%, 11/1/2021............................ 1,390,000 1,467,923 Series A 5.00%, 11/1/2013............................ 1,000,000 1,132,000 5.38%, 7/1/2016...................................... 3,000,000 3,505,350 ------------ 10,779,799 ------------ RHODE ISLAND -- 0.6% Rhode Island, State & Providence Plantations, Consolidated Capital Development Series E 4.70%, 11/1/2025............................ 3,000,000 3,020,130 ------------ SOUTH CAROLINA -- 0.7% Charleston County, SC, Sales Tax Revenue 5.00%, 11/1/2018..................................... 2,000,000 2,287,480 South Carolina, State Public Service Authority Series C 5.00%, 1/1/2016............................. 1,275,000 1,424,647 ------------ 3,712,127 ------------ TENNESSEE -- 0.6% Nashville & Davidson County, TN, Health & Educational Facilities Board Revenue: Series A 5.00%, 10/1/2013............................ 2,000,000 2,229,320 Series B 5.00%, 10/1/2039............................ 1,000,000 981,580 ------------ 3,210,900 ------------ TEXAS -- 11.1% Austin, TX, Electrical Utilities System Revenue 5.00%, 11/15/2035 (a)................................ 5,100,000 4,834,035 Cypress-Fairbanks, TX, Independent School District 5.00%, 2/15/2023..................................... 5,000,000 5,278,950 Dallas, TX, General Obligation: 4.75%, 2/15/2026..................................... 1,500,000 1,510,605 5.00%, 2/15/2024..................................... 2,055,000 2,118,191 5.00%, 2/15/2027..................................... 1,750,000 1,795,273
108 SPDR BARCLAYS CAPITAL MUNICIPAL BOND ETF SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
PRINCIPAL SECURITY DESCRIPTION AMOUNT VALUE - -------------------- ----------- ------------ Denton, TX, Independant School District, General Obligation 5.00%, 8/15/2028 (a)................................. $ 1,000,000 $ 1,026,070 Harris County, TX, General Obligation Series A 5.25%, 10/1/2017............................ 2,350,000 2,604,693 Harris County, TX, Road Revenue Series B 5.25%, 8/15/2047............................ 3,000,000 2,808,000 Houston, TX, Public Improvement Series B 5.00%, 3/1/2023............................. 4,000,000 4,138,720 Houston, TX, Utility System Revenue Series A 5.25%, 11/15/2017........................... 900,000 1,027,035 Series A 5.25%, 11/15/2031 (a)....................... 4,600,000 4,516,096 La Joya, TX, Independent School District 5.00%, 2/15/2034 (a)................................. 2,800,000 2,811,788 Prosper, TX, Independent School District 5.00%, 2/15/2038 (a)................................. 1,000,000 1,001,870 Texas, State General Obligation: 4.75%, 4/1/2036...................................... 1,000,000 966,050 5.00%, 4/1/2029...................................... 3,000,000 3,045,600 Texas, State Transportation Commission: 5.00%, 4/1/2019...................................... 5,000,000 5,552,200 Series A 5.00%, 4/1/2020............................. 1,000,000 1,085,890 5.00%, 4/1/2026...................................... 2,555,000 2,630,935 University of Texas: Series B 5.00%, 8/15/2010............................ 1,000,000 1,054,570 Series D 5.00%, 8/15/2018............................ 1,675,000 1,883,152 Series F 4.75%, 8/15/2026............................ 1,890,000 1,914,664 Williamson County, TX, General Obligation 5.25%, 2/15/2018 (a)................................. 2,000,000 2,243,160 ------------ 55,847,547 ------------ UTAH -- 1.2% Utah, State General Obligation, (Pre-refunded) Series A 5.00%, 7/1/2015............................. 2,000,000 2,273,500 Utah, Transport Authority Sales Tax Revenue Series A 5.00%, 6/15/2036............................ 3,850,000 3,810,191 ------------ 6,083,691 ------------ VIRGINIA -- 3.2% Fairfax County, VA, General Obligation: Series A 4.00%, 4/1/2011............................. 1,675,000 1,775,701 Series A 4.00%, 4/1/2020............................. 1,000,000 1,029,200 Virginia, State Public Building Authority, Public Facilities Revenue Series B 5.25%, 8/1/2027............................. 2,000,000 2,128,780 Virginia, State Public School Authority Revenue 5.25%, 8/1/2014...................................... 4,300,000 4,927,843 Virginia, State Resources Authority Revenue Series B 5.00%, 11/1/2028............................ 3,540,000 3,676,361 Virginia, Upper Occoquan Sewage Authority, Regional Sewage Revenue 5.00%, 7/1/2022...................................... 2,500,000 2,691,150 ------------ 16,229,035 ------------ WASHINGTON -- 4.4% Central Puget Sound, WA, Regional Transit Authority, Sales & Use Tax Revenue Series A 5.00%, 11/1/2032 (a)........................ 3,000,000 3,010,260 Series A 5.00%, 11/1/2036............................ 2,000,000 1,967,580 Energy Northwest Washington Electric Revenue: Series A 5.00%, 7/1/2014............................. 1,000,000 1,103,490 Series A 5.50%, 7/1/2012 (a)......................... 1,200,000 1,329,672 King County, WA, School District, General Obligation Series A 4.00%, 6/1/2011............................. 1,250,000 1,323,600 Pierce County, WA, School District No. 3 5.00%, 12/1/2017..................................... 800,000 889,792 Seattle, WA, Municipal Light & Power Revenue 5.50%, 4/1/2022...................................... 1,435,000 1,583,523 Snohomish County, WA, School District No. 201 5.25%, 12/1/2024..................................... 3,225,000 3,449,137 Washington, State General Obligation: Series C 4.25%, 1/1/2013............................. 1,000,000 1,084,150 Series C 5.00%, 1/1/2021 (a)......................... 2,100,000 2,263,191 Series A 5.00%, 7/1/2023............................. 900,000 947,754 Series 2007A 5.00%, 7/1/2027 (a)..................... 1,000,000 1,020,010 Series A 5.00%, 7/1/2032............................. 2,000,000 1,975,480 ------------ 21,947,639 ------------ WISCONSIN -- 0.4% Wisconsin, State General Obligation Series C 5.00%, 5/1/2014............................. 2,000,000 2,233,980 ------------ TOTAL MUNICIPAL BONDS AND NOTES -- (Cost $490,823,094).................................. 493,899,743 ------------ SHARES ----------- SHORT TERM INVESTMENTS -- 2.0% MONEY MARKET FUND -- 2.0% State Street Institutional Tax Free Money Market Fund 0.88% (b)(c) (Cost $10,326,836)................................... 10,326,836 10,326,836 ------------ TOTAL INVESTMENTS -- 100.3% (Cost $501,149,930).................................. 504,226,579 OTHER ASSETS AND LIABILITIES -- (0.3)%................. (1,633,229) ------------ NET ASSETS -- 100.0%................................... $502,593,350 ============
109 SPDR BARCLAYS CAPITAL MUNICIPAL BOND ETF SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - -------------------------------------------------------------------------------- (a) Bond is insured by one of these companies:
AS A % OF TOTAL INSURANCE COVERAGE NET ASSETS - ------------------ --------------- Financial Security Assurance, Inc. .................... 17.56% National Public Finance Guarantee Corp. ............... 5.77% Ambac Financial Group.................................. 2.42% Financial Guaranty Insurance, Co. ..................... 1.34% Permanent School Fund Guaranteed....................... 0.96% Assured Guaranty....................................... 0.90%
(b) Affiliated Fund managed by SSgA Funds Management, Inc. (c) The rate shown is the annualized seven-day yield at period end. Escrow to Maturity = Bonds bearing this description are collateralized usually by U.S. Treasury securities which are held in escrow and used to pay principal and interest on bonds so designated. Pre-refunded = Bonds which are pre-refunded are collateralized usually by U.S. Treasury securities which are held in escrow and are used to pay principal and interest on tax-exempt issues and to retire the bonds in full at the earliest refunding date. 110 SPDR BARCLAYS CAPITAL CALIFORNIA MUNICIPAL BOND ETF SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
PRINCIPAL SECURITY DESCRIPTION AMOUNT VALUE - -------------------- ---------- ----------- MUNICIPAL BONDS AND NOTES -- 98.4% CALIFORNIA -- 98.4% Azusa, CA, Public Financing Authority Revenue 5.00%, 7/1/2039 (a).................................. $ 800,000 $ 750,240 Bakersfield, CA, Wastewater Revenue Series A 5.00%, 9/15/2032 (a)........................ 500,000 474,840 California, Educational Facilities Authority Revenue Series A 4.75%, 10/1/2037............................ 740,000 674,406 California, Infrastructure & Economic Development Bank Revenue, Lien A, (Pre-refunded) 5.00%, 7/1/2036 (a).................................. 175,000 194,989 California, State Department of Water Resources Series AE 5.00%, 12/1/2022........................... 1,000,000 1,066,530 California, State Public Works Board, Lease Revenue Series D 5.00%, 5/1/2025............................. 500,000 495,620 California, State University Revenue Series A 5.00%, 11/1/2037 (a)........................ 220,000 196,480 Chabot-Las Positas Community College District, CA Series B Zero Coupon, 8/1/2024 (a)................... 1,400,000 598,542 Chaffey Community College District, CA, Election of 2002 Series C 5.00%, 6/1/2032 (a)......................... 1,000,000 962,760 Coast Community College District, CA Series B 5.00%, 8/1/2023 (a)......................... 800,000 827,712 Desert Community College District, CA Series C 5.00%, 8/1/2037 (a)......................... 300,000 282,252 Eastern Municipal Water District, CA, Water & Sewer Revenue Series H 5.00%, 7/1/2035............................. 1,000,000 930,890 El Dorado, CA, Irrigation District, Certificate of Participation Series A 6.25%, 8/1/2029 (a)......................... 1,200,000 1,239,288 Foothill-De Anza, CA, Community College District Series B 5.00%, 8/1/2027 (a)......................... 1,000,000 977,630 Grossmont, CA, Union High School District Election of 2004 5.00%, 8/1/2033...................................... 500,000 475,005 Los Altos, CA, School District 5.00%, 8/1/2018 (a).................................. 780,000 851,323 Los Angeles, CA, Community College District Series A 5.00%, 8/1/2032 (a)......................... 1,000,000 943,430 Los Angeles, CA, Metro Transportation Authority, Sales Tax Revenue Series A 5.00%, 7/1/2013 (a)......................... 705,000 788,197 Los Angeles, CA, Unified School District Series A-1 5.00%, 7/1/2017 (a)....................... 250,000 265,840 Los Angeles, CA, Water & Power Revenue Series A-1 5.00%, 7/1/2023 (a)....................... 900,000 940,743 Los Angeles County, CA, Public Works Financing Authority Revenue 5.00%, 10/1/2015 (a)................................. 1,000,000 1,124,130 Metropolitan Water District of Southern California Series A 5.00%, 1/1/2031............................. 1,000,000 989,460 North Orange County, CA, Community College District 5.00%, 8/1/2015 (a).................................. 1,000,000 1,131,680 Redding, CA, Electric System Revenue, Certificate of Participation Series A 5.00%, 6/1/2030 (a)......................... 555,000 519,225 Sacramento, CA, Municipal Utility District, Electric Revenue Series U 5.00%, 8/15/2023 (a)........................ 1,000,000 1,042,480 San Diego, CA, Community College District 5.00%, 8/1/2032 (a).................................. 1,000,000 949,760 San Diego County, CA, Water Authority Revenue Series 2008-A 5.00%, 5/1/2015 (a).................... 200,000 226,340 San Francisco, CA, Bay Area Rapid Transit District Series B 5.00%, 8/1/2022............................. 500,000 543,580 San Francisco, CA, Bay Area Toll Authority, Toll Bridge Revenue Series F 5.00%, 4/1/2025............................. 800,000 807,040 San Francisco, CA, City & County Public Utilities Commission, Water Revenue Series A 4.50%, 11/1/2031 (a)........................ 500,000 429,745 Series A 4.75%, 11/1/2036 (a)........................ 500,000 438,490 San Francisco, CA, City & County Unified School District Election of 2006 Series B 5.25%, 6/15/2022............................ 800,000 860,800 San Francisco, CA, Community College District Series B 5.25%, 6/15/2012 (a)........................ 800,000 890,712 San Jose, CA, Unified School District Santa Clara County Election of 2002 Series C 5.00%, 8/1/2024 (a)......................... 300,000 307,374 Series C 5.25%, 8/1/2019 (a)......................... 1,000,000 1,097,290 San Juan, CA, Public Power Agency Project Revenue Series L 5.00%, 7/1/2022 (a)......................... 100,000 101,696 San Mateo County, CA, Community College District Series B 5.00%, 9/1/2031............................. 315,000 311,636 San Ramon Valley, CA, Unified School District Election of 2002 5.00%, 8/1/2025 (a).................................. 750,000 761,437 Santa Clara County, CA, Financing Authority, Lease Revenue Series L 5.25%, 5/15/2036............................ 1,000,000 963,560 Santa Clara Valley Transportation Authority, CA, Sales Tax Revenue Series A 5.00%, 4/1/2036 (a)......................... 500,000 477,900 University of California, Revenue Series E 5.00%, 5/15/2014 (a)........................ 500,000 558,655 Series K 5.00%, 5/15/2020 (a)........................ 250,000 264,547 Series A 5.13%, 5/15/2018 (a)........................ 500,000 529,500 ----------- TOTAL MUNICIPAL BONDS AND NOTES -- (Cost $29,654,157)................................... 29,263,754 -----------
111 SPDR BARCLAYS CAPITAL CALIFORNIA MUNICIPAL BOND ETF SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- ---------- ----------- SHORT TERM INVESTMENTS -- 0.2% MONEY MARKET FUND -- 0.2% State Street Institutional Tax Free Money Market Fund 0.88% (b)(c) (Cost $73,953)....................................... 73,953 $ 73,953 ----------- TOTAL INVESTMENTS -- 98.6% (Cost $29,728,110)................................... 29,337,707 OTHER ASSETS AND LIABILITIES -- 1.4%................... 410,500 ----------- NET ASSETS -- 100.0%................................... $29,748,207 ===========
(a) Bond is insured by one of these companies:
AS A % OF TOTAL INSURANCE COVERAGE NET ASSETS - ------------------ --------------- Financial Security Assurance, Inc. .................... 27.40% Ambac Financial Group.................................. 18.36% National Public Finance Guarantee...................... 13.26% Financial Guaranty Insurance Co. ...................... 7.89% Assured Guaranty Corporation........................... 4.17%
(b) Affiliated Fund managed by SSgA Funds Management, Inc. (c) The rate shown is the annualized seven-day yield at period end. Pre-refunded = Bonds which are pre-refunded are collateralized usually by U.S. treasury securities which are held in escrow and are used to pay principal and interest on tax-exempt issues and to retire the bonds in full at the earliest refunding date. 112 SPDR BARCLAYS CAPITAL NEW YORK MUNICIPAL BOND ETF SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
PRINCIPAL SECURITY DESCRIPTION AMOUNT VALUE - -------------------- --------- ----------- MUNICIPAL BONDS AND NOTES -- 95.8% NEW YORK -- 91.8% Battery Park City Authority, NY, Revenue Series A 5.25%, 11/1/2021............................ $100,000 $ 107,515 Erie County, NY, Industrial Development Agency Series A 5.75%, 5/1/2024 (a)......................... 500,000 524,310 Nassau County, NY, General Obligation Series C 5.00%, 7/1/2015............................. 500,000 558,345 New York City, NY, Cultural Resource Revenue, Museum of Modern Art Series A-1 5.00%, 4/1/2031................ 300,000 294,117 New York, NY, General Obligation, (Pre-refunded): Series J 5.50%, 6/1/2020............................. 1,000,000 1,154,190 Series G 5.00%, 8/1/2025............................. 385,000 378,647 New York, NY, Municipal Finance Authority, Water and Sewer System Revenue 5.00%, 6/15/2037..................................... 500,000 484,535 New York, NY, Transitional Finance Authority (Escrow to Maturity) 5.00%, 11/1/2009..................................... 450,000 461,880 New York, Sales Tax Asset Receivables Corp. Series A 5.00%, 10/15/2020 (a)....................... 500,000 532,250 New York, State Dorminatory Authority Revenue: Series C 5.00%, 12/15/2020........................... 500,000 532,825 Series A 5.00%, 7/1/2038............................. 650,000 614,666 New York, State Dorminatory Authority Revenue, Fordham University Series B 5.00%, 7/1/2033 (a)......................... 500,000 486,270 New York, State Environmental Facscorp Series A 4.50%, 6/15/2036............................ 635,000 572,935 New York , State General Obligation 5.00%, 4/15/2015... 1,000,000 1,120,750 New York, State Local Government Assistance Corp. Series C 5.00%, 4/1/2018............................. 500,000 562,785 New York, State Power Authority, Series C 5.00%, 11/15/2020........................... 250,000 271,285 New York, State Thruway Authority, General Revenue: Series B 5.00%, 4/1/2027............................. 300,000 293,385 Series H 5.00%, 1/1/2032 (a)......................... 500,000 468,230 New York, State Urban Development Corp., Revenue: Series A-1 5.00%, 12/15/2022 (a)..................... $520,000 538,819 Series A-1 5.00%, 12/15/2027......................... 250,000 251,913 New York, Triborough Bridge & Tunnel Authority, Revenue 5.00%, 11/15/2037.................................... 500,000 480,850 New York & New Jersey, Port Authority Revenue 140th Series 5.00%, 12/1/2029..................................... 500,000 502,630 Westchester County, NY, General Obligation Series A 3.75%, 11/15/2012........................... 500,000 541,475 ----------- 11,734,607 ----------- PUERTO RICO -- 4.0% Puerto Rico Electric Power Authority Revenue Series UU 5.00%, 7/1/2016 (a)........................ 500,000 510,005 ----------- TOTAL MUNICIPAL BONDS AND NOTES -- (Cost $12,431,528)................................... 12,244,612 =========== SHARES --------- SHORT TERM INVESTMENTS -- 2.6% MONEY MARKET FUND -- 2.6% State Street Institutional Tax Free Money Market Fund 0.88% (b)(c) (Cost $336,041)...................................... 336,041 336,041 ----------- TOTAL INVESTMENTS -- 98.4% (Cost $12,767,569)................................... 12,580,653 OTHER ASSETS AND LIABILITIES -- 1.6%................... 205,437 ----------- NET ASSETS -- 100.0%................................... $12,786,090 ===========
(a) Bond is insured by one of these companies:
AS A % OF TOTAL INSURANCE COVERAGE NET ASSETS - ------------------ --------------- Financial Security Assurance, Inc. .................... 8.09% Municipal Bond Investors Assurance Corp. .............. 7.82% Ambac Financial Group.................................. 4.21% Assured Guaranty Corporation........................... 3.80%
(b) Affiliated Fund managed by SSgA Funds Management, Inc. (c) The rate shown is the annualized seven-day yield at period end. Escrow to Maturity = Bonds bearing this description are collateralized usually by U.S. Treasury securities which are held in escrow and used to pay principal and interest on bonds so designated. Pre-refunded = Bonds which are pre-refunded are collateralized usually by U.S. treasury securities which are held in escrow and are used to pay principal and interest on tax-exempt issues and to retire the bonds in full at the earliest refunding date. 113 SPDR BARCLAYS CAPITAL SHORT TERM MUNICIPAL BOND ETF SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
PRINCIPAL SECURITY DESCRIPTION AMOUNT VALUE - -------------------- ------------ ------------ MUNICIPAL BONDS AND NOTES -- 97.0% ALASKA -- 0.3% Alaska, State General Obligation Series A 5.25%, 8/1/2010 (a)......................................... $ 1,000,000 $ 1,055,220 ------------ ARIZONA -- 3.7% Arizona, Salt River Project, Electrical Systems Revenue Series A 3.00%, 1/1/2014............................. 1,070,000 1,095,220 Arizona, State Transportation Board, Excise Tax Revenue: 4.50%, 7/1/2009...................................... 755,000 762,135 5.00%, 7/1/2013...................................... 2,750,000 3,087,617 Maricopa County, AZ, Community College District Series B 4.00%, 7/1/2010............................. 3,025,000 3,139,617 Phoenix, AZ, Civic Improvement Corp., Transit Excise Tax Revenue 5.00%, 7/1/2013 (a)...................... 4,000,000 4,463,400 Phoenix, AZ, Civic Improvement Corp., Wastewater System Revenue Series B 5.00%, 7/1/2012 (a)................. 1,000,000 1,095,410 ------------ 13,643,399 ------------ CALIFORNIA -- 4.1% California, State Department of Water Resources Revenue Series AF 5.00%, 12/1/2012........................... 5,000,000 5,581,250 Los Angeles, CA, Public Works Financing Authority, Revenue: 5.00%, 10/1/2011 (a)................................. 770,000 835,935 5.00%, 10/1/2012 (a)................................. 1,000,000 1,106,470 Los Angeles, CA, Unified School District Series B 4.00%, 7/1/2009............................. 1,000,000 1,007,960 San Francisco, CA, City & County Series 2008-R1 5.00%, 6/15/2013............................................ 3,000,000 3,346,620 University of California, Revenue Series O 5.00%, 5/15/2013............................................ 3,000,000 3,321,330 ------------ 15,199,565 ------------ COLORADO -- 1.2% Cherry Creek, CO, Arapahoe County School District, General Obligation Series B 6.00%, 12/15/2012........ 1,000,000 1,155,090 Denver, CO, City & County Excise Tax Revenue Series A 5.00%, 9/1/2013 (a)......................... 2,850,000 3,155,834 ------------ 4,310,924 ------------ CONNECTICUT -- 3.6% Connecticut, State General Obligation: 5.00%, 3/15/2013..................................... 4,670,000 5,225,917 Series C 5.00%, 4/1/2011 (a)......................... 1,000,000 1,076,310 Series D 5.00%, 11/15/2013 (a)....................... 5,000,000 5,684,250 Connecticut, State Special Obligation, Rate Reduction Series A 5.00%, 6/30/2010............................ 1,200,000 1,265,976 ------------ 13,252,453 ------------ DELAWARE -- 0.6% Delaware, State General Obligation: 4.00%, 8/1/2011...................................... 750,000 801,458 Series 2009A 5.00%, 1/1/2014......................... 1,200,000 1,358,652 ------------ 2,160,110 ------------ DISTRICT OF COLUMBIA -- 0.6% District of Columbia, Income Tax Revenue Series B 4.00%, 12/1/2013............................ 2,000,000 2,136,620 ------------ FLORIDA -- 3.7% Florida, State Board of Education 5.00%, 6/1/2013...... 1,000,000 1,103,180 Florida, State Turnpike Authority, Turnpike Revenue: Series A 5.00%, 7/1/2009 (a)......................... 1,280,000 1,292,953 Series A 5.00%, 7/1/2012............................. 1,115,000 1,226,188 Florida, Water Pollution Control Revenue: Series A 3.00%, 1/15/2012............................ 2,000,000 2,070,920 Series A 3.00%, 1/15/2013............................ 3,535,000 3,633,167 Orlando, FL, Utilities Commission System Revenue 5.25%, 7/1/2009...................................... 3,000,000 3,033,090 Polk, FL, School District, Sales Tax Revenue 4.00%, 10/1/2009 (a)................................. 1,215,000 1,231,840 ------------ 13,591,338 ------------ GEORGIA -- 5.7% De Kalb County, GA, School District, General Obligation 5.00%, 2/1/2011...................................... 3,000,000 3,216,180 Georgia, Emory University, Authority Revenue Series B 5.00%, 9/1/2011............................. 3,000,000 3,250,680 Georgia, State General Obligation: Series A 5.00%, 9/1/2013............................. 2,050,000 2,331,608 Series B 5.00%, 7/1/2010............................. 1,000,000 1,052,660 Series G 5.00%, 10/1/2010............................ 1,000,000 1,061,650 Series C 5.50%, 7/1/2010............................. 2,590,000 2,744,079 Series C 5.50%, 7/1/2012............................. 1,100,000 1,246,663 Georgia, State Road & Tollway Authority, Revenue Series A 5.00%, 6/1/2012............................. 3,000,000 3,290,730 Gwinnett County, GA, School District, General Obligation: 5.00%, 2/1/2011...................................... 1,000,000 1,073,770 5.00%, 2/1/2013...................................... 1,785,000 2,005,894 ------------ 21,273,914 ------------ HAWAII -- 1.9% Hawaii, State General Obligation Series D 5.00%, 7/1/2013 (a)......................................... 4,000,000 4,482,400 Honolulu, HI, City & County General Obligation Series B 5.25%, 7/1/2014 (a)......................... 2,125,000 2,407,136 ------------ 6,889,536 ------------
114 SPDR BARCLAYS CAPITAL SHORT TERM MUNICIPAL BOND ETF SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
PRINCIPAL SECURITY DESCRIPTION AMOUNT VALUE - -------------------- ------------ ------------ ILLINOIS -- 2.6% Chicago, IL, General Obligation Series C 5.00%, 1/1/2012 (a)......................................... $ 700,000 $ 762,062 Chicago, IL, Water Revenue 5.00%, 11/1/2011 (a)................................. 2,000,000 2,167,320 Illinois, State General Obligation: Series B 5.00%, 1/1/2011............................. 950,000 1,008,548 Series B 5.00%, 3/1/2013............................. 1,000,000 1,102,780 Illinois, State Toll Highway Authority, Revenue Series A 5.00%, 1/1/2014 (a)......................... 4,000,000 4,471,200 ------------ 9,511,910 ------------ INDIANA -- 1.4% Indiana, State Finance Authority, Revenue Series A 5.00%, 2/1/2011............................. 5,000,000 5,342,400 ------------ KANSAS -- 0.5% Kansas, State Department of Transportation, Highway Revenue Series A 5.00%, 9/1/2011..................... 1,710,000 1,863,524 ------------ KENTUCKY -- 0.2% Kentucky, State Turnpike Authority, Economic Development Road Revenue 5.00%, 7/1/2011 (a).................................. 750,000 812,040 ------------ MARYLAND -- 3.9% Maryland, State General Obligation: 5.00%, 3/1/2011...................................... 1,000,000 1,076,910 5.00%, 8/1/2012...................................... 1,750,000 1,960,175 Series A 5.25%, 2/15/2013............................ 6,210,000 7,036,489 Maryland, State Transportation Authority, Grant & Revenue 5.00%, 3/1/2013...................................... 3,000,000 3,345,300 Montgomery County, MD, General Obligation Series A 5.00%, 5/1/2012............................. 1,000,000 1,113,190 ------------ 14,532,064 ------------ MASSACHUSETTS -- 1.5% Boston, MA, General Obligation Series A 5.00%, 1/1/2014............................................. 1,935,000 2,185,215 Massachusetts Bay Transportation Authority, Sales Tax Revenue Series B 5.00%, 7/1/2013..................... 1,000,000 1,120,600 Massachusetts, State General Obligation: Series C 5.00%, 9/1/2010............................. 1,000,000 1,056,630 (Pre-refunded) Series A 5.25%, 1/1/2017............................. 1,000,000 1,065,920 ------------ 5,428,365 ------------ MICHIGAN -- 1.2% Michigan, Municipal Bond Authority Revenue: 5.00%, 10/1/2011..................................... 1,630,000 1,778,395 5.00%, 10/1/2012..................................... 500,000 559,000 Michigan, State Building Authority Revenue Series I 5.00%, 10/15/2010........................... 2,155,000 2,233,227 ------------ 4,570,622 ------------ MINNESOTA -- 2.4% Minnesota, Public Facilities Authority, Water Pollution Control Revenue Series D 5.00%, 3/1/2014............. 2,000,000 2,260,300 Minnesota, State General Obligation: 5.00%, 8/1/2010...................................... 1,000,000 1,055,620 5.00%, 10/1/2012..................................... 1,045,000 1,174,768 Series A 5.00%, 6/1/2012............................. 4,000,000 4,456,840 ------------ 8,947,528 ------------ MISSOURI -- 1.8% Missouri, State Certificate Participation Series A 5.00%, 6/1/2013...................................... 3,960,000 4,203,896 Missouri, State Highways & Transportation Commission, State Road Revenue: Series A 5.00%, 5/1/2010............................. 750,000 784,560 Series A 5.00%, 5/1/2013............................. 1,335,000 1,502,222 ------------ 6,490,678 ------------ NEBRASKA -- 0.6% Nebraska, Public Power District Revenue Series B 5.00%, 1/1/2012 (a)......................... 1,250,000 1,342,675 Omaha, NE, General Obligation 3.75%, 6/1/2013...................................... 1,000,000 1,076,160 ------------ 2,418,835 ------------ NEVADA -- 1.7% Clark County, NV, Highway Improvement Revenue 5.00%, 7/1/2012 (a).................................. 4,300,000 4,662,232 Las Vegas Valley, NV, Water District Series B 5.00%, 6/1/2011............................................. 1,500,000 1,589,100 ------------ 6,251,332 ------------ NEW JERSEY -- 1.4% Essex County, NJ Series A 5.00%, 6/1/2010 (a)......................... 2,225,000 2,329,308 New Jersey, State Transportation Trust Fund Authority (Escrow to Maturity) Series C 5.00%, 6/15/2009............................ 600,000 605,544 Union County, NJ, General Obligation 4.00%, 3/1/2013... 2,000,000 2,163,060 ------------ 5,097,912 ------------ NEW MEXICO -- 1.6% Albuquerque, NM, General Obligation Series A 4.00%, 7/1/2009 (a)......................................... 2,000,000 2,016,080 New Mexico, State General Obligation 5.00%, 3/1/2012... 3,500,000 3,862,390 ------------ 5,878,470 ------------ NEW YORK -- 11.5% New York, NY, City Cultural Resource Revenue, Museum of Modern Art Series 1A 5.00%, 10/1/2010................ 1,000,000 1,049,550 New York, NY, City Transitional Finance Authority: (Escrow to Maturity) Series A-1 5.00%, 11/1/2009.......................... 2,000,000 2,052,800 Series A-1 5.00%, 11/1/2013.......................... 2,900,000 3,232,978
115 SPDR BARCLAYS CAPITAL SHORT TERM MUNICIPAL BOND ETF SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
PRINCIPAL SECURITY DESCRIPTION AMOUNT VALUE - -------------------- ------------ ------------ New York, NY, General Obligation: Series C 4.00%, 4/15/2012............................ $ 1,000,000 $ 1,065,880 Series I-1 4.00%, 2/1/2013........................... 1,040,000 1,077,305 Series J-1 5.00%, 8/1/2012........................... 5,000,000 5,384,950 Series B 5.25%, 8/1/2011............................. 1,000,000 1,067,160 New York, State Environmental Facilities Revenue Series A 3.50%, 12/15/2013........................... 2,500,000 2,639,725 New York, State Local Government Assistance Corp. Series C 5.00%, 4/1/2013............................. 2,220,000 2,466,331 New York, State Thruway Authority, General Revenue: Series H 4.00%, 1/1/2012 (a)......................... 1,000,000 1,052,300 (Escrow to Maturity) Series A 5.25%, 4/1/2010 (a)......................... 2,000,000 2,095,140 Series F 5.25%, 1/1/2012 (a)......................... 1,000,000 1,085,500 New York, State Thruway Authority Highway & Bridge Revenue Series B 5.00%, 4/1/2012 (a)......................... 1,140,000 1,243,786 New York, State Urban Development Corp. Revenue: 4.00%, 3/15/2011..................................... 550,000 575,998 Series A-1 3.00%, 12/15/2011......................... 4,625,000 4,791,639 Series A-1 5.00%, 12/15/2012......................... 6,580,000 7,302,813 New York, Triborough Bridge & Tunnel Authority Revenue: Series C 4.00%, 11/15/2011........................... 2,500,000 2,654,450 Series C 5.00%, 11/15/2012........................... 1,500,000 1,663,980 ------------ 42,502,285 ------------ NORTH CAROLINA -- 4.9% Mecklenburg County, NC Series C 5.00%, 2/1/2012............................. 1,000,000 1,103,850 North Carolina, Infrastructure Finance Corp., Certificate Participation: Series A 5.00%, 2/1/2011 (a)......................... 5,000,000 5,354,650 Series A 5.00%, 2/1/2014............................. 1,885,000 2,095,272 North Carolina, State General Obligation: Series A 5.00%, 3/1/2011............................. 1,000,000 1,076,910 Series A 5.50%, 3/1/2012............................. 5,000,000 5,604,050 Wake County, NC, General Obligation: 5.00%, 3/1/2012...................................... 1,000,000 1,107,170 5.00%, 3/1/2013...................................... 1,500,000 1,688,340 ------------ 18,030,242 ------------ OHIO -- 4.1% Columbus, OH, General Obligation Series D 5.00%, 12/15/2009........................................... 2,000,000 2,062,360 Ohio, State Building Authority Series B 5.00%, 10/1/2013 (a)........................ 1,440,000 1,593,432 Ohio, State General Obligation: Series A 5.00%, 6/15/2010............................ 1,000,000 1,049,310 Series K 5.00%, 5/1/2011............................. 2,000,000 2,150,340 Ohio, State Major New Infrastructure Project Revenue Series 2008-1 5.00%, 6/15/2013....................... 3,000,000 3,353,040 Ohio, State Water Development Authority, Revenue: 5.00%, 6/1/2012...................................... 950,000 1,052,885 5.00%, 6/1/2013...................................... 2,670,000 2,998,437 Ohio, State Water Development Authority, Water Quality -- Loan Fund 5.00%, 12/1/2011..................................... 1,000,000 1,095,900 ------------ 15,355,704 ------------ OREGON -- 2.1% Oregon, State Department of Administrative Services, Revenue Series A 3.00%, 4/1/2011..................... 1,000,000 1,027,770 Portland, OR, Sewer System Revenue Series A 5.00%, 6/15/2012 (a)........................................ 3,000,000 3,328,800 Salem-Keizer, OR, School District No. 24J, General Obligation 5.00%, 6/15/2013 (a)................................. 3,000,000 3,374,940 ------------ 7,731,510 ------------ PENNSYLVANIA -- 3.4% Pennsylvania, State General Obligation: 5.00%, 3/1/2011...................................... 1,300,000 1,396,122 5.00%, 10/1/2012..................................... 5,000,000 5,591,800 5.00%, 5/15/2013..................................... 3,000,000 3,366,540 5.25%, 2/1/2010 (a).................................. 1,000,000 1,039,180 University of Pittsburgh, Revenue Series A 5.00%, 9/15/2011............................................ 1,000,000 1,081,110 ------------ 12,474,752 ------------ RHODE ISLAND -- 0.3% Rhode Island, State Economic Development Corp., Revenue Series A 5.00%, 6/15/2013 (a)........................ 915,000 979,572 ------------ SOUTH CAROLINA -- 1.0% South Carolina, State Public Service Authority, Revenue: Series D 5.00%, 1/1/2010 (a)......................... 1,050,000 1,083,211 Series B 5.00%, 1/1/2011 (a)......................... 2,515,000 2,665,498 ------------ 3,748,709 ------------ TENNESSEE -- 1.9% Tennessee, State School Bond Authority 3.00%, 5/1/2012...................................... 4,875,000 5,073,997 5.00%, 5/1/2013 (a).................................. 1,900,000 2,132,408 ------------ 7,206,405 ------------ TEXAS -- 6.6% Arlington, TX, Independent School District, General Obligation 5.00%, 2/15/2012 (a)................................. 880,000 967,393 Austin, TX, General Obligation 5.00%, 9/1/2009...................................... 1,000,000 1,017,700 Austin, TX, Electric Utility System Revenue Series A 5.00%, 11/15/2010 (a)....................... 1,000,000 1,051,240 Dallas, TX, General Obligation: 5.00%, 2/15/2010..................................... 1,500,000 1,557,225 5.00%, 2/15/2011..................................... 710,000 758,415 El Paso, TX, Independent School District, General Obligation Zero Coupon, 8/15/2013 (a)........................... 1,980,000 1,794,929
116 SPDR BARCLAYS CAPITAL SHORT TERM MUNICIPAL BOND ETF SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
PRINCIPAL SECURITY DESCRIPTION AMOUNT VALUE - -------------------- ------------ ------------ Fort Worth, TX, Independent School District, General Obligation 5.00%, 2/15/2011 (a)................................. $ 4,000,000 $ 4,283,560 San Antonio, TX, Independent School District 5.25%, 8/15/2012 (a)................................. 1,890,000 2,121,147 Texas A&M University Revenue 5.00%, 5/15/2012..................................... 3,000,000 3,311,730 Texas, North East Independent School District Series A Zero Coupon, 8/1/2009 (a)................... 1,300,000 1,294,995 Texas, State Public Finance Authority, General Obligation, Series A 5.00%, 10/1/2011..................................... 1,000,000 1,090,780 Texas, State University System Financing Revenue: 5.00%, 3/15/2012..................................... 1,000,000 1,092,730 5.00%, 3/15/2013 (a)................................. 500,000 559,115 University of Texas, Permanent University Fund Series A 5.00%, 7/1/2012...................................... 1,265,000 1,406,364 University of Texas, Revenue Series D 5.00%, 8/15/2010............................ 2,000,000 2,109,140 ------------ 24,416,463 ------------ UTAH -- 1.0% Salt Lake City, UT, General Obligation 5.00%, 6/15/2013............................................ 1,500,000 1,695,885 Utah, State General Obligation Series A 5.00%, 7/1/2011...................................... 1,975,000 2,149,412 ------------ 3,845,297 ------------ VIRGINIA -- 5.7% Fairfax County, VA, General Obligation Series A 4.00%, 4/1/2011............................. 750,000 795,090 Loudoun County, VA, General Obligation: 5.00%, 6/1/2012...................................... 1,000,000 1,114,870 Series B 5.00%, 6/1/2010............................. 1,100,000 1,154,857 Virginia, State College Building Authority Revenue 5.00%, 9/1/2011...................................... 3,500,000 3,809,855 Virginia, State General Obligation Series A 5.00%, 6/1/2012............................................. 1,000,000 1,115,530 Virginia, State Public Building Authority, Building Revenue Bonds: Series A 5.00%, 8/1/2010............................. 1,000,000 1,054,120 Series A 5.00%, 8/1/2012............................. 3,365,000 3,757,460 Virginia, State Public School Authority: Series B 5.00%, 8/1/2010............................. 4,445,000 4,687,386 Series B 5.00%, 8/1/2012............................. 1,000,000 1,114,900 Series B 5.25%, 8/1/2011............................. 1,000,000 1,091,710 Virginia, State Resources Authority, Clean Water Revenue 4.50%, 10/1/2011..................................... 1,200,000 1,296,108 ------------ 20,991,886 ------------ WASHINGTON -- 6.4% Energy Northwest Washington, Electricity Revenue: Series A 5.00%, 7/1/2012............................. 1,000,000 1,092,440 Series D 5.00%, 7/1/2012............................. 3,000,000 3,277,320 Port of Seattle, WA, Revenue Series A 5.00%, 3/1/2010 (a)......................... 1,000,000 1,038,320 Seattle, WA, General Obligation 5.00%, 5/1/2013...................................... 6,540,000 7,339,973 Seattle, WA, Municipal Light & Power Revenue 5.00%, 4/1/2013...................................... 3,000,000 3,302,610 Washington, State General Obligation: Series D 4.50%, 1/1/2012 (a)......................... 2,450,000 2,651,659 Series C 5.00%, 7/1/2011............................. 3,000,000 3,248,850 Series D 5.00%, 1/1/2011 (a)......................... 1,500,000 1,601,040 ------------ 23,552,212 ------------ WISCONSIN -- 1.9% Wisconsin, State General Obligation: Series C 4.00%, 5/1/2013............................. 5,000,000 5,363,250 Series 1 5.00%, 5/1/2013 (a)......................... 1,500,000 1,667,265 ------------ 7,030,515 ------------ TOTAL MUNICIPAL BONDS AND NOTES -- (Cost $350,848,284).................................. 358,524,311 ------------ SHARES ------------ SHORT TERM INVESTMENTS -- 2.8% MONEY MARKET FUND -- 2.8% State Street Institutional Tax Free Money Market Fund 0.88% (b)(c) (Cost $10,579,145)................................... 10,579,145 10,579,145 ------------ TOTAL INVESTMENTS -- 99.8% (Cost $361,427,429).................................. 369,103,456 OTHER ASSETS AND LIABILITIES -- 0.2%................... 574,351 ------------ NET ASSETS -- 100.0%................................... $369,677,807 ============
(a) Bond is insured by one of these companies:
AS A % OF TOTAL INSURANCE COVERAGE NET ASSETS - ------------------ --------------- Financial Security Assurance, Inc. .................... 12.45% Ambac Financial Group.................................. 5.02% National Public Finance Guarantee Corp. ............... 4.72% Permanent School Fund Guaranteed....................... 2.83%
(b) Affiliated Fund managed by SSgA Funds Management, Inc. (c) The rate shown is the annualized seven-day yield at period end. Escrow to Maturity = Bonds bearing this description are collateralized usually by U.S. Treasury securities which are held in escrow and used to pay principal and interest on bonds so designated. Pre-refunded = Bonds which are pre-refunded are collateralized usually by U.S. Treasury securities which are held in escrow and are used to pay principal and interest on tax-exempt issues and to retire the bonds in full at the earliest refunding date. 117 SPDR DB INTERNATIONAL GOVERNMENT INFLATION-PROTECTED BOND ETF SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
PRINCIPAL SECURITY DESCRIPTION AMOUNT VALUE - -------------------- -------------- ------------ FOREIGN GOVERNMENT OBLIGATIONS -- 98.7% AUSTRALIA -- 3.2% Commonwealth of Australia 4.00%, 8/20/2015..................................... $ 8,307,680 $ 6,294,779 4.00%, 8/20/2020..................................... 1,261,207 1,032,299 ------------ 7,327,078 ------------ BRAZIL -- 4.6% Federal Republic of Brazil 6.00%, 8/15/2012..................................... 6,331,013 2,705,157 6.00%, 5/15/2015..................................... 2,899,147 1,204,350 6.00%, 5/15/2017..................................... 10,438,742 4,289,060 6.00%, 8/15/2024..................................... 2,699,831 1,077,884 6.00%, 5/15/2035..................................... 3,611,250 1,401,615 ------------ 10,678,066 ------------ CANADA -- 4.8% Government of Canada 2.00%, 12/1/2041..................................... 508,055 422,402 3.00%, 12/1/2036 (a)................................. 2,179,178 2,180,079 4.00%, 12/1/2031..................................... 3,339,009 3,717,923 4.25%, 12/1/2021..................................... 802,577 810,579 4.25%, 12/1/2026 (a)................................. 3,766,317 4,056,870 ------------ 11,187,853 ------------ CHILE -- 3.6% Republic of Chile 3.00%, 5/1/2017...................................... 1,131,827,580 2,013,536 3.00%, 1/1/2018...................................... 2,494,212,630 4,449,197 5.00%, 1/1/2016...................................... 964,149,420 1,918,974 ------------ 8,381,707 ------------ FRANCE -- 18.9% Republic of France 1.00%, 7/25/2017..................................... 6,227,308 7,880,230 1.25%, 7/25/2010..................................... 2,459,206 3,340,512 1.60%, 7/25/2011..................................... 4,161,739 5,655,945 1.60%, 7/25/2015..................................... 5,339,432 7,128,156 1.80%, 7/25/2040..................................... 1,356,797 1,698,559 2.25%, 7/25/2020..................................... 2,702,233 3,721,220 2.50%, 7/25/2013..................................... 1,331,772 1,884,895 3.00%, 7/25/2012..................................... 4,033,411 5,762,154 3.15%, 7/25/2032..................................... 3,593,078 5,667,868 3.40%, 7/25/2029..................................... 588,057 944,412 ------------ 43,683,951 ------------ GERMANY -- 4.7% Federal Republic of Germany 1.50%, 4/15/2016..................................... 4,903,865 6,568,158 2.25%, 4/15/2013..................................... 3,074,313 4,282,590 ------------ 10,850,748 ------------ GREECE -- 4.1% Republic of Greece 2.30%, 7/25/2030..................................... 4,529,615 4,369,150 2.90%, 7/25/2025..................................... 4,664,579 5,146,519 ------------ 9,515,669 ------------ ISRAEL -- 4.5% State of Israel 4.00%, 7/30/2021..................................... 17,212,886 4,668,811 5.00%, 4/30/2015..................................... 19,567,416 5,631,832 ------------ 10,300,643 ------------ ITALY -- 4.9% Republic of Italy 0.95%, 9/15/2010..................................... 1,367,222 1,826,516 2.15%, 9/15/2014..................................... 4,109,542 5,524,989 2.35%, 9/15/2035..................................... 1,220,150 1,422,355 2.60%, 9/15/2023..................................... 1,976,817 2,473,705 ------------ 11,247,565 ------------ JAPAN -- 4.6% Government of Japan 10 Year Bond 1.00%, 6/10/2016..................................... 250,480,000 2,183,490 1.10%, 12/10/2016.................................... 963,983,300 8,417,896 ------------ 10,601,386 ------------ MEXICO -- 4.9% United Mexican States 3.50%, 12/19/2013.................................... 33,387,477 2,378,947 4.50%, 11/22/2035.................................... 35,506,713 2,601,727 5.00%, 6/16/2016..................................... 81,639,212 6,293,741 ------------ 11,274,415 ------------ POLAND -- 2.6% Republic of Poland 3.00%, 8/24/2016..................................... 23,625,720 6,065,705 ------------ SOUTH AFRICA -- 3.5% Republic of South Africa 3.45%, 12/7/2033..................................... 24,487,290 3,103,081 6.25%, 3/31/2013..................................... 42,415,052 5,101,231 ------------ 8,204,312 ------------ SOUTH KOREA -- 2.7% Republic of South Korea 2.75%, 3/10/2017..................................... 9,144,739,440 6,192,731 ------------ SWEDEN -- 5.7% Kingdom of Sweden 3.50%, 12/1/2015..................................... 13,872,562 1,933,369 4.00%, 12/1/2020..................................... 72,686,422 11,194,646 ------------ 13,128,015 ------------ TURKEY -- 2.9% Republic of Turkey 10.00%, 2/15/2012.................................... 12,209,900 6,830,917 ------------ UNITED KINGDOM -- 18.5% United Kingdom Treasury Bond 0.75%, 11/22/2047.................................... 890,270 1,262,657 1.13%, 11/22/2037.................................... 1,818,775 2,713,066 1.25%, 11/22/2017.................................... 2,037,611 3,005,309 1.25%, 11/22/2027.................................... 4,819,706 6,959,789 1.25%, 11/22/2055.................................... 1,465,424 2,494,514 1.88%, 11/22/2022.................................... 4,548,078 7,076,357 2.00%, 1/26/2035..................................... 248,848 421,864 2.50%, 8/23/2011..................................... 264,346 385,707 2.50%, 8/16/2013..................................... 6,036,043 8,924,248 2.50%, 7/26/2016..................................... 3,625,479 5,521,896 2.50%, 4/16/2020..................................... 523,589 819,418 4.13%, 7/22/2030..................................... 1,429,342 3,095,515 ------------ 42,680,340 ------------ TOTAL FOREIGN GOVERNMENT OBLIGATIONS -- (Cost $265,244,647).................................. 228,151,101 ------------
118 SPDR DB INTERNATIONAL GOVERNMENT INFLATION-PROTECTED BOND ETF SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ------------ SHORT TERM INVESTMENTS -- 1.3% MONEY MARKET FUNDS -- 1.3% State Street Institutional Liquid Reserves Fund 0.57% (b)(c)........................... 64,515 $ 64,515 State Street Navigator Securities Lending Prime Portfolio (c)(d)..................................... 2,962,276 2,962,276 ------------ TOTAL SHORT TERM INVESTMENTS -- (Cost $3,026,791).................................... 3,026,791 ------------ TOTAL INVESTMENTS -- 100.0% (Cost $268,271,438).................................. 231,177,892 OTHER ASSETS AND LIABILITIES -- 0.0%(E)................ (114,335) ------------ NET ASSETS -- 100.0%................................... $231,063,557 ============
(a) Security, or portion thereof, was on loan at March 31, 2009. (b) The rate shown is the annualized seven-day yield at period end. (c) Affiliated Fund managed by SSgA Funds Management, Inc. (d) Investments of cash collateral for securities loaned. (e) Amount represents less than 0.05% of net assets. 119 SPDR BARCLAYS CAPITAL INTERNATIONAL TREASURY BOND ETF SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
PRINCIPAL SECURITY DESCRIPTION AMOUNT VALUE - -------------------- -------------- ------------ FOREIGN GOVERNMENT OBLIGATIONS -- 94.7% AUSTRALIA -- 2.5% Commonwealth of Australia 5.25%, 8/15/2010..................................... $ 6,740,000 $ 4,834,633 6.00%, 2/15/2017..................................... 15,100,000 11,720,453 6.50%, 5/15/2013 (a)................................. 6,900,000 5,305,845 ------------ 21,860,931 ------------ AUSTRIA -- 3.7% Republic of Austria 3.80%, 10/20/2013 (b)................................ 9,255,000 12,693,366 4.65%, 1/15/2018..................................... 8,230,000 11,524,133 6.25%, 7/15/2027..................................... 5,280,000 8,357,630 ------------ 32,575,129 ------------ BELGIUM -- 4.6% Kingdom of Belgium 5.00%, 9/28/2012..................................... 13,015,000 18,676,246 5.00%, 3/28/2035..................................... 4,350,000 6,136,638 5.50%, 9/28/2017..................................... 10,500,000 15,624,909 ------------ 40,437,793 ------------ CANADA -- 4.2% Government of Canada 2.75%, 12/1/2010..................................... 4,940,000 4,041,993 4.00%, 6/1/2016 (a).................................. 14,280,000 12,689,525 5.25%, 6/1/2012...................................... 9,700,000 8,633,513 5.75%, 6/1/2029 (a).................................. 10,600,000 10,959,834 ------------ 36,324,865 ------------ DENMARK -- 2.8% Kingdom of Denmark 4.00%, 11/15/2010.................................... 11,000,000 2,026,511 4.00%, 11/15/2017.................................... 13,530,000 2,520,246 4.50%, 11/15/2039.................................... 28,020,000 5,374,999 5.00%, 11/15/2013.................................... 76,775,000 14,932,890 ------------ 24,854,646 ------------ FRANCE -- 4.6% Republic of France 4.00%, 4/25/2013..................................... 3,025,000 4,258,597 5.50%, 10/25/2010.................................... 18,105,000 25,617,793 5.75%, 10/25/2032.................................... 6,090,000 9,882,660 ------------ 39,759,050 ------------ GERMANY -- 11.3% Federal Republic of Germany 4.00%, 1/4/2037...................................... 5,790,000 7,776,174 4.25%, 7/4/2017...................................... 25,825,000 37,760,536 4.50%, 1/4/2013...................................... 6,880,000 9,953,676 5.25%, 1/4/2011...................................... 21,755,000 30,903,410 5.63%, 1/4/2028...................................... 7,830,000 12,516,656 ------------ 98,910,452 ------------ GREECE -- 4.1% Republic of Greece 3.10%, 4/20/2010..................................... 2,000,000 2,683,044 3.70%, 7/20/2015..................................... 26,700,000 33,218,401 4.50%, 9/20/2037..................................... 300,000 319,763 ------------ 36,221,208 ------------ ITALY -- 11.5% Republic of Italy 3.75%, 2/1/2011...................................... 19,100,000 26,192,376 4.00%, 2/1/2037...................................... 13,000,000 14,349,360 4.75%, 2/1/2013...................................... 7,200,000 10,184,152 5.25%, 8/1/2017...................................... 22,390,000 32,636,613 5.50%, 11/1/2010..................................... 500,000 702,891 6.50%, 11/1/2027..................................... 10,875,000 16,579,718 ------------ 100,645,110 ------------ JAPAN -- 21.4% Government of Japan 5 Year Bond 0.60%, 9/20/2010..................................... 1,741,000,000 17,685,348 1.00%, 9/20/2010..................................... 800,000,000 8,173,705 1.50%, 3/20/2011..................................... 2,025,000,000 20,935,306 Government of Japan 10 Year Bond 1.30%, 6/20/2012..................................... 2,900,000,000 30,035,773 1.50%, 9/20/2014..................................... 3,600,000,000 37,743,979 1.70%, 12/20/2016.................................... 800,000,000 8,497,422 Government of Japan 20 Year Bond 2.30%, 6/20/2027..................................... 1,800,000,000 19,313,470 2.60%, 3/20/2019..................................... 1,400,000,000 15,867,541 2.90%, 9/20/2019..................................... 1,801,000,000 20,575,928 Government of Japan 30 Year Bond 2.40%, 3/20/2037....................................... 790,000,000 8,560,490 ------------ 187,388,962 ------------ MEXICO -- 2.8% United Mexican States 7.25%, 12/15/2016.................................... 80,000,000 5,520,471 9.00%, 12/20/2012.................................... 143,000,000 10,837,297 10.00%, 12/5/2024.................................... 101,500,000 8,420,117 ------------ 24,777,885 ------------ NETHERLANDS -- 4.4% Kingdom of the Netherlands 3.75%, 7/15/2014..................................... 14,300,000 19,840,490 4.00%, 7/15/2018..................................... 225,000 307,919 4.50%, 7/15/2017..................................... 7,000,000 9,960,368 5.00%, 7/15/2011..................................... 3,000,000 4,279,961 5.50%, 1/15/2028..................................... 2,610,000 4,046,948 ------------ 38,435,686 ------------ POLAND -- 2.5% Republic of Poland 4.25%, 5/24/2011..................................... 33,890,000 9,347,299 4.75%, 4/25/2012..................................... 4,850,000 1,331,358 5.25%, 10/25/2017.................................... 7,025,000 1,871,480 5.75%, 9/23/2022..................................... 5,000,000 1,340,200 6.25%, 10/24/2015.................................... 28,740,000 8,258,776 ------------ 22,149,113 ------------ SOUTH AFRICA -- 2.4% Republic of South Africa 7.25%, 1/15/2020..................................... 8,350,000 787,624 10.50%, 12/21/2026................................... 45,500,000 5,580,950 13.50%, 9/15/2015.................................... 109,550,000 14,538,011 ------------ 20,906,585 ------------
120 SPDR BARCLAYS CAPITAL INTERNATIONAL TREASURY BOND ETF SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
PRINCIPAL SECURITY DESCRIPTION AMOUNT VALUE - -------------------- -------------- ------------ SPAIN -- 4.7% Kingdom of Spain 3.15%, 1/31/2016..................................... $ 11,875,000 $ 15,392,304 3.25%, 7/30/2010..................................... 10,230,000 13,929,404 4.20%, 1/31/2037..................................... 4,080,000 5,137,933 6.15%, 1/31/2013..................................... 4,350,000 6,489,636 ------------ 40,949,277 ------------ SWEDEN -- 2.6% Kingdom of Sweden 3.75%, 8/12/2017..................................... 109,900,000 14,170,696 5.50%, 10/8/2012..................................... 62,900,000 8,559,020 ------------ 22,729,716 ------------ TAIWAN -- 0.2% Government of Taiwan 2.38%, 9/21/2017.................. 50,000,000 1,588,612 ------------ UNITED KINGDOM -- 4.4% United Kingdom Treasury Bond 4.25%, 3/7/2011...................................... 4,080,000 6,189,072 4.75%, 9/7/2015...................................... 5,240,000 8,437,810 4.75%, 12/7/2038..................................... 6,142,000 9,659,177 5.00%, 3/7/2012...................................... 1,620,000 2,518,541 5.00%, 3/7/2025...................................... 7,220,000 11,689,994 ------------ 38,494,594 ------------ TOTAL FOREIGN GOVERNMENT OBLIGATIONS -- (Cost $863,221,078).................................. 829,009,614 ------------
SECURITY DESCRIPTION SHARES VALUE - -------------------- ---------- ------------ SHORT TERM INVESTMENTS -- 5.3% MONEY MARKET FUNDS -- 5.3% State Street Institutional Liquid Reserves Fund 0.57% (c)(d).................................... 31,898,955 $ 31,898,955 State Street Navigator Securities Lending Prime Portfolio (d)(e)..................................... 14,621,050 14,621,050 ------------ TOTAL SHORT TERM INVESTMENTS -- (Cost $46,520,005)................................... 46,520,005 ------------ TOTAL INVESTMENTS -- 100.0% (Cost $909,741,083)........ 875,529,619 OTHER ASSETS AND LIABILITIES -- 0.0% (F)............... 331,127 ------------ NET ASSETS -- 100.0%................................... $875,860,746 ============
(a) Security, or portion thereof, was on loan as at March 31, 2009. (b) Security purchased pursuant to Rule 144A of the Securities Act of 1933. This security, which represents 1.45% of net assets as of March 31, 2009, is considered liquid and may be resold in transactions exempt from registration, normally to qualified institutional buyers. (c) The rate shown is the annualized seven-day yield at period end. (d) Affiliated Fund managed by SSgA Funds Management, Inc. (e) Investments of cash collateral for securities loaned. (f) Amount represents less than 0.05% of net assets. 121 SPDR BARCLAYS CAPITAL HIGH YIELD BOND ETF SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
PRINCIPAL SECURITY DESCRIPTION AMOUNT VALUE - -------------------- ----------- -------------- CORPORATE BONDS & NOTES -- 95.1% AEROSPACE & DEFENSE -- 0.7% BE Aerospace, Inc. 8.50%, 7/1/2018...................................... $ 8,500,000 $ 7,086,875 -------------- AUTO COMPONENTS -- 0.4% TRW Automotive, Inc.: 7.00%, 3/15/2014 (a)................................. 3,000,000 1,260,000 7.25%, 3/15/2017 (a)................................. 6,750,000 2,801,250 -------------- 4,061,250 -------------- BEVERAGES -- 1.1% Constellation Brands, Inc.: 7.25%, 9/1/2016...................................... 6,000,000 5,700,000 7.25%, 5/15/2017..................................... 5,500,000 5,225,000 -------------- 10,925,000 -------------- BUILDING PRODUCTS -- 2.0% Hanson PLC 6.13%, 8/15/2016..................................... 9,000,000 3,870,000 Nortek, Inc. 10.00%, 12/1/2013.................................... 11,188,000 4,670,990 Owens Corning, Inc. 6.50%, 12/1/2016..................................... 10,050,000 7,373,233 Ply Gem Industries, Inc. 11.75%, 6/15/2013.................................... 11,619,000 5,170,455 -------------- 21,084,678 -------------- CHEMICALS -- 0.4% Hexion U.S. Finance Corp. 9.75%, 11/15/2014.................................... 3,000,000 660,000 Ineos Group Holdings PLC 8.50%, 2/15/2016 (a)................................. 4,300,000 247,250 Momentive Performance Materials, Inc. 9.75%, 12/1/2014 (b)................................. 9,450,000 2,787,750 -------------- 3,695,000 -------------- COMMERCIAL BANKS -- 1.3% BAC Capital Trust XI 6.63%, 5/23/2036..................................... 10,685,000 4,875,245 Royal Bank of Scotland Group PLC 6.99%, 10/29/2049 (a)(c)............................. 20,000,000 8,800,000 -------------- 13,675,245 -------------- COMMERCIAL SERVICES & SUPPLIES -- 4.2% ARAMARK Corp. 8.50%, 2/1/2015...................................... 17,313,000 15,927,960 Ceridian Corp. 11.50%, 11/15/2015................................... 10,600,000 4,452,000 Hertz Corp. 8.88%, 1/1/2014...................................... 26,338,000 15,967,412 Servicemaster Co. PIK 10.75%, 7/15/2015 (a)................................ 14,500,000 7,105,000 -------------- 43,452,372 -------------- COMPUTERS & PERIPHERALS -- 0.5% Seagate Technology HDD Holdings 6.80%, 10/1/2016....... 9,250,000 5,365,000 -------------- DIVERSIFIED CONSUMER SERVICES -- 0.4% RSC Equipment Rental, Inc. 9.50%, 12/1/2014..................................... 8,700,000 4,263,000 -------------- DIVERSIFIED FINANCIAL SERVICES -- 8.7% Capmark Financial Group, Inc. 7.38%, 5/10/2012..................................... 5,000,000 990,715 CIT Group, Inc. 6.10%, 3/15/2067 (c)................................. 8,000,000 1,925,832 Citigroup Capital XXI 8.30%, 12/21/2057 (c)................................ 47,000,000 22,630,312 Ford Motor Credit Co. LLC 9.75%, 9/15/2010..................................... 21,175,000 17,419,529 GMAC LLC: 6.63%, 5/15/2012(a).................................. 3,197,000 2,144,644 6.88%, 9/15/2011(a).................................. 39,500,000 28,069,490 Nuveen Investments, Inc. 10.50%, 11/15/2015(a)................................ 4,750,000 1,330,000 Petroplus Finance, Ltd. 7.00%, 5/1/2017 (a).................................. 8,000,000 5,760,000 Residential Capital LLC 9.63%, 5/15/2015 (a)................................. 22,000,000 9,680,000 -------------- 89,950,522 -------------- DIVERSIFIED TELECOMMUNICATION SERVICES -- 11.0% Cricket Communications, Inc. 9.38%, 11/1/2014..................................... 15,450,000 14,716,125 Intelsat Bermuda, Ltd. 11.25%, 6/15/2016.................................... 31,188,000 30,252,360 Level 3 Financing, Inc. 9.25%, 11/1/2014..................................... 19,238,000 13,274,220 MetroPCS Wireless, Inc. 9.25%, 11/1/2014..................................... 19,450,000 18,866,500 Nordic Telephone Co. Holdings 8.88%, 5/1/2016 (a).................................. 5,850,000 5,469,750 West Corp. 9.50%, 10/15/2014.................................... 9,186,000 6,395,753 Windstream Corp. 8.63%, 8/1/2016...................................... 25,339,000 24,895,567 -------------- 113,870,275 -------------- ELECTRIC UTILITIES -- 8.8% AES Corp. 8.00%, 10/15/2017.................................... 21,988,000 18,854,710 Edison Mission Energy: 7.00%, 5/15/2017..................................... 16,988,000 12,401,240 7.20%, 5/15/2019..................................... 1,000,000 695,000 Intergen NV 9.00%, 6/30/2017 (a)................................. 16,750,000 15,158,750 NRG Energy, Inc.: 7.38%, 2/1/2016...................................... 14,688,000 13,659,840 7.38%, 1/15/2017..................................... 1,000,000 930,000 Reliant Energy, Inc. 7.88%, 6/15/2017..................................... 10,450,000 8,255,500 Texas Competitive Electric Holdings Co. LLC 10.25%, 11/1/2015.................................... 41,000,000 20,500,000 -------------- 90,455,040 -------------- ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS -- 1.0% RBS Global, Inc. and Rexnord Corp. 9.50%, 8/1/2014...................................... 13,139,000 10,642,590 -------------- ENERGY EQUIPMENT & SERVICES -- 0.5% Complete Production Services, Inc. 8.00%, 12/15/2016.................................... 8,000,000 5,080,000 --------------
122 SPDR BARCLAYS CAPITAL HIGH YIELD BOND ETF SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
PRINCIPAL SECURITY DESCRIPTION AMOUNT VALUE - -------------------- ----------- -------------- FOOD PRODUCTS -- 1.1% Tyson Foods, Inc. 7.85%, 4/1/2016 (b).................................. $13,000,000 $ 11,199,448 -------------- HEALTH CARE EQUIPMENT & SUPPLIES -- 3.2% Bausch & Lomb, Inc. 9.88%, 11/1/2015 (a)................................. 10,036,000 7,978,620 Biomet, Inc. 11.63%, 10/15/2017................................... 16,389,000 14,463,292 Boston Scientific Corp. 6.40%, 6/15/2016..................................... 8,500,000 7,905,000 VWR Funding, Inc., Series B 10.25%, 7/15/2015 PIK................................ 3,500,000 2,380,000 -------------- 32,726,912 -------------- HEALTH CARE PROVIDERS & SERVICES -- 8.6% Community Health Systems, Inc. 8.88%, 7/15/2015..................................... 41,139,000 38,876,355 HCA, Inc. 9.25%, 11/15/2016.................................... 44,539,000 40,530,490 Tenet Healthcare Corp. 10.00%, 5/1/2018 (a)................................. 10,000,000 9,675,000 -------------- 89,081,845 -------------- HOME BUILDERS -- 0.7% K Hovnanian Enterprises, Inc. 11.50%, 5/1/2013..................................... 10,688,000 7,441,520 -------------- HOTELS, RESTAURANTS & LEISURE -- 2.3% Fontainebleau Las Vegas Holdings LLC 10.25%, 6/15/2015 (a)................................ 2,500,000 75,000 Harrah's Operating Co., Inc.: 10.00%, 12/15/2018 (a)............................... 6,472,000 1,941,600 10.75%, 2/1/2016..................................... 45,814,000 8,704,660 MGM Mirage, Inc. 13.00%, 11/15/2013 (a)............................... 9,686,000 7,216,070 Starwood Hotels & Resorts Worldwide, Inc. 6.25%, 2/15/2013..................................... 8,000,000 6,160,000 -------------- 24,097,330 -------------- HOUSEHOLD DURABLES -- 0.6% Jarden Corp. 7.50%, 5/1/2017...................................... 8,000,000 6,440,000 -------------- INSURANCE -- 1.6% American International Group, Inc. 8.18%, 5/15/2058 (a)(c).............................. 51,800,000 4,921,000 Genworth Financial, Inc. 6.15%, 11/15/2066 (c)................................ 4,000,000 521,584 Liberty Mutual Group, Inc. 10.75%, 6/15/2058 (a)(c)............................. 16,000,000 7,840,000 MBIA Insurance Corp. 14.00%, 1/15/2033 (a)(c)............................. 9,000,000 2,790,000 -------------- 16,072,584 -------------- MACHINERY -- 0.9% Terex Corp. 8.00%, 11/15/2017.................................... 11,731,000 9,502,110 -------------- MEDIA -- 7.0% CSC Holdings Inc/United States 8.50%, 4/15/2014 (a)................................. 13,138,000 12,940,930 DIRECTV Holdings LLC: 6.38%, 6/15/2015..................................... 3,750,000 3,534,375 7.63%, 5/15/2016..................................... 17,688,000 17,334,240 Echostar DBS Corp. 7.13%, 2/1/2016...................................... 10,788,000 9,655,260 Nielsen Finance LLC/Nielsen Finance Co. 10.00%, 8/1/2014..................................... 13,439,000 11,557,540 Quebecor Media, Inc. 7.75%, 3/15/2016..................................... 10,000,000 7,600,000 RH Donnelley Corp. 8.88%, 10/15/2017.................................... 9,234,000 507,870 The Reader's Digest Association, Inc. 9.00%, 2/15/2017..................................... 2,000,000 115,000 TL Acquisitions, Inc. 10.50%, 1/15/2015 (a)................................ 8,400,000 4,305,000 XM Satellite Radio, Inc. 13.00%, 8/1/2013 (a)................................. 9,687,000 4,431,802 -------------- 71,982,017 -------------- METALS & MINING -- 2.7% FMG Finance Property, Ltd. 10.63%, 9/1/2016 (a)................................. 13,900,000 11,676,000 Novelis, Inc. 7.25%, 2/15/2015 (b)................................. 18,485,000 7,394,000 Steel Dynamics, Inc. 7.38%, 11/1/2012..................................... 10,670,000 8,322,600 -------------- 27,392,600 -------------- MULTILINE RETAIL -- 1.8% Dollar General Corp. 10.63%, 7/15/2015.................................... 16,239,000 16,198,403 Rite Aid Corp. 9.50%, 6/15/2017..................................... 11,389,000 2,619,470 -------------- 18,817,873 -------------- OIL, GAS & CONSUMABLE FUELS -- 14.1% Chesapeake Energy Corp.: 6.50%, 8/15/2017..................................... 4,300,000 3,504,500 7.25%, 12/15/2018.................................... 5,750,000 4,722,188 9.50%, 2/15/2015..................................... 12,080,000 11,747,800 Citic Resources Finance, Ltd. 6.75%, 5/15/2014 (a)................................. 4,500,000 3,375,000 Connacher Oil and Gas, Ltd. 10.25%, 12/15/2015 (a)............................... 7,500,000 2,362,500 Dynegy Holdings, Inc. 7.75%, 6/1/2019...................................... 16,188,000 10,522,200 El Paso Corp.: 7.00%, 6/15/2017..................................... 7,438,000 6,334,803 7.25%, 6/1/2018...................................... 4,000,000 3,400,000 8.25%, 2/15/2016..................................... 1,665,000 1,556,775 Energy XXI Gulf Coast, Inc. 10.00%, 6/15/2013.................................... 3,000,000 1,342,500 Enterprise Products Operating LP 7.03%, 1/15/2068 (c)................................. 9,250,000 5,781,250
123 SPDR BARCLAYS CAPITAL HIGH YIELD BOND ETF SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
PRINCIPAL SECURITY DESCRIPTION AMOUNT VALUE - -------------------- ----------- -------------- Forest Oil Corp. 7.25%, 6/15/2019..................................... $ 9,450,000 $ 7,465,500 7.25%, 6/15/2019 (a)................................. 1,500,000 1,185,000 Newfield Exploration Co. 7.13%, 5/15/2018..................................... 8,000,000 7,080,000 OPTI Canada, Inc. 8.25%, 12/15/2014.................................... 13,488,000 6,035,880 Peabody Energy Corp. 7.38%, 11/1/2016..................................... 10,435,000 10,330,650 PetroHawk Energy Corp. 7.88%, 6/1/2015 (a).................................. 11,250,000 9,900,000 Plains Exploration & Production Co. 7.75%, 6/15/2015..................................... 8,250,000 7,095,000 Sabine Pass LNG LP 7.50%, 11/30/2016.................................... 23,489,000 15,737,630 SandRidge Energy, Inc. 8.00%, 6/1/2018 (a).................................. 11,000,000 8,085,000 Southern Union Co. 7.20%, 11/1/2066 (c)................................. 5,000,000 2,500,000 Southwestern Energy Co. 7.50%, 2/1/2018 (a).................................. 8,250,000 7,961,250 Williams Partners LP/Williams Partners Finance Corp. 7.25%, 2/1/2017 (d).................................. 9,000,000 7,650,000 -------------- 145,675,426 -------------- PAPER & FOREST PRODUCTS -- 1.0% Georgia-Pacific LLC 7.13%, 1/15/2017 (a)................................. 11,164,000 10,326,700 -------------- REAL ESTATE INVESTMENT TRUSTS -- 1.2% Host Hotels & Resorts LP: 6.75%, 6/1/2016...................................... 9,950,000 7,263,500 7.13%, 11/1/2013..................................... 1,000,000 807,500 iStar Financial, Inc.: 5.65%, 9/15/2011..................................... 5,000,000 2,050,000 5.95%, 10/15/2013.................................... 5,000,000 1,500,000 Rouse Co. LP/TRC Co.-Issuer, Inc. 6.75%, 5/1/2013 (a)(e)............................... 2,000,000 570,000 -------------- 12,191,000 -------------- REAL ESTATE MANAGEMENT & DEVELOPMENT -- 0.2% Realogy Corp. 10.50%, 4/15/2014.................................... 6,400,000 1,792,000 -------------- SEMICONDUCTORS -- 0.7% Freescale Semiconductor, Inc. 8.88%, 12/15/2014.................................... 32,188,000 6,759,480 -------------- SOFTWARE -- 1.4% First Data Corp. 9.88%, 9/24/2015..................................... 24,838,000 14,530,230 -------------- SPECIALTY RETAIL -- 1.2% Limited Brands, Inc. 6.90%, 7/15/2017..................................... 10,000,000 6,864,570 Michaels Stores, Inc. 10.00%, 11/1/2014.................................... 11,250,000 5,301,563 -------------- 12,166,133 -------------- WIRELESS TELECOMMUNICATION SERVICES -- 3.8% Crown Castle International Corp. 9.00%, 1/15/2015..................................... 11,825,000 11,854,562 Nextel Communications, Inc., Series D 7.38%, 8/1/2015...................................... 13,000,000 6,890,000 Sprint Nextel Corp. 6.00%, 12/1/2016..................................... 17,500,000 12,512,500 Telesat Canada 11.00%, 11/1/2015 (a)................................ 10,000,000 8,300,000 -------------- 39,557,062 -------------- TOTAL CORPORATE BONDS & NOTES -- (Cost $1,124,021,856)................................ 981,359,117 -------------- CREDIT-LINKED TRUST CERTIFICATE -- 1.0% CDX North America High Yield 8.88%, 6/29/2013 (a) (Cost $10,994,779)................................... 12,350,000 9,818,250 -------------- SHARES ----------- SHORT TERM INVESTMENTS -- 0.5% MONEY MARKET FUNDS -- 0.5% State Street Institutional Liquid Reserves Fund 0.57% (f)(g) (Cost $5,623,693).................................... 5,623,693 5,623,693 -------------- TOTAL INVESTMENTS -- 96.6% (Cost $1,140,640,328)................................ 996,801,060 OTHER ASSETS AND LIABILITIES -- 3.4%................... 34,761,227 -------------- NET ASSETS -- 100.0%................................... $1,031,562,287 ==============
(a) Security purchased pursuant to Rule 144A of the Securities Act of 1933. These securities, which represents 21.9% of net assets as of March 31, 2009, are considered liquid and may be resold in transactions exempt from registration, normally to qualified institutional buyers. (b) Step up Bond. Coupon rate increases in increments to maturity. Rate disclosed is as of March 31, 2009. Maturity date disclosed is the ultimate maturity date. (c) Variable-rate security. Rate shown is as of March 31, 2009. (d) Security is valued at fair value as determined in good faith by the Trust's Pricing and Investment Committee in accordance with procedures approved by the Board of Trustees. (e) Security is currently in default and/or issuer is in bankruptcy. (f) Affiliated Fund managed by SSgA Funds Management, Inc. (g) The rate shown is the annualized seven-day yield at period end. PIK = Payment in Kind 124 SPDR BARCLAYS CAPITAL SHORT TERM INTERNATIONAL TREASURY BOND ETF SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
PRINCIPAL SECURITY DESCRIPTION AMOUNT VALUE - -------------------- ----------- ---------- FOREIGN GOVERNMENT OBLIGATIONS -- 88.6% AUSTRALIA -- 1.9% Commonwealth of Australia 5.75%, 6/15/2011..................................... $ 170,000 $ 124,718 ---------- AUSTRIA -- 3.2% Republic of Austria 5.25%, 1/4/2011...................................... 150,000 211,547 ---------- BELGIUM -- 2.7% Kingdom of Belgium 5.75%, 9/28/2010..................................... 125,000 176,035 ---------- CANADA -- 3.2% Government of Canada 6.00%, 6/1/2011...................................... 240,000 210,690 ---------- DENMARK -- 2.2% Kingdom of Denmark 4.00%, 11/15/2010................... 775,000 142,777 ---------- FRANCE -- 4.7% Republic of France 3.75%, 9/12/2010..................................... 100,000 137,537 6.50%, 4/25/2011..................................... 115,000 167,943 ---------- 305,480 ---------- GERMANY -- 12.6% Federal Republic of Germany 4.00%, 9/10/2010..................................... 335,000 462,887 5.00%, 7/4/2011...................................... 250,000 358,462 ---------- 821,349 ---------- GREECE -- 3.6% Republic of Greece 3.80%, 3/20/2011..................................... 175,000 235,751 ---------- HUNGARY -- 1.8% Republic of Hungary 6.75%, 4/22/2011..................................... 30,500,000 117,855 ---------- ITALY -- 11.0% Republic of Italy 5.25%, 8/1/2011...................................... 210,000 297,894 5.50%, 11/1/2010..................................... 300,000 421,734 ---------- 719,628 ---------- JAPAN -- 21.6% Government of Japan 2 Year Bond 0.70%, 5/15/2010..................................... 25,000,000 254,179 Government of Japan 5 Year Bond 0.80%, 12/20/2010.................................... 73,000,000 745,536 1.20%, 9/20/2011..................................... 40,000,000 411,998 ---------- 1,411,713 ---------- MEXICO -- 2.2% United Mexican States 9.00%, 12/22/2011.................................... 1,900,000 143,292 ---------- NETHERLANDS -- 3.3% Kingdom of the Netherlands 5.00%, 7/15/2011..................................... 150,000 213,998 ---------- POLAND -- 2.3% Republic of Poland 5.75%, 3/24/2010..................................... 475,000 135,960 6.00%, 11/24/2010.................................... 50,000 14,324 ---------- 150,284 ---------- SOUTH AFRICA -- 1.6% Republic of South Africa 13.00%, 8/31/2010.................................... 900,000 102,232 ---------- SPAIN -- 4.6% Kingdom of Spain 3.25%, 7/30/2010..................................... 220,000 299,557 ---------- SWEDEN -- 1.7% Kingdom of Sweden 5.25%, 3/15/2011..................................... 875,000 114,295 ---------- UNITED KINGDOM -- 4.4% United Kingdom Treasury Bond 4.25%, 3/7/2011...................................... 90,000 136,524 4.75%, 6/7/2010...................................... 100,000 150,053 ---------- 286,577 ---------- TOTAL FOREIGN GOVERNMENT OBLIGATIONS -- (Cost $5,828,540).................................... 5,787,778 ---------- SHARES ----------- SHORT TERM INVESTMENTS -- 8.6% MONEY MARKET FUND -- 8.6% State Street Institutional Liquid Reserves Fund 0.57% (a)(b) (Cost $560,152)...................................... 560,152 560,152 ---------- TOTAL INVESTMENTS -- 97.2% (Cost $6,388,692).................................... 6,347,930 OTHER ASSETS AND LIABILITIES -- 2.8%.................................. 180,321 ---------- NET ASSETS -- 100.0%................................... $6,528,251 ==========
(a) The rate shown is the annualized seven-day yield at period end. (b) Affiliated Fund managed by SSgA Funds Management, Inc. 125 SPDR BARCLAYS CAPITAL INTERMEDIATE TERM CREDIT BOND ETF SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
PRINCIPAL SECURITY DESCRIPTION AMOUNT VALUE - -------------------- ---------- ----------- CORPORATE BONDS & NOTES -- 87.1% AEROSPACE & DEFENSE -- 1.8% Boeing Capital Corp. 6.50%, 2/15/2012..................................... $ 150,000 $ 158,913 United Technologies Corp. 5.38%, 12/15/2017.................................... 150,000 155,101 ----------- 314,014 ----------- BANKS -- 3.5% KFW Bankengruppe 3.25%, 3/15/2013..................................... 600,000 614,646 ----------- BEVERAGES -- 1.3% PepsiCo, Inc. 5.00%, 6/1/2018...................................... 225,000 230,987 ----------- CAPITAL MARKETS -- 8.7% Morgan Stanley 6.75%, 4/15/2011..................................... 600,000 600,000 The Bear Stearns Cos LLC 7.25%, 2/1/2018...................................... 300,000 306,035 The Goldman Sachs Group, Inc. 5.95%, 1/18/2018..................................... 675,000 613,406 ----------- 1,519,441 ----------- CHEMICALS -- 0.9% E.I. du Pont de Nemours & Co. 5.88%, 1/15/2014..................................... 150,000 158,595 ----------- COMMERCIAL BANKS -- 12.6% European Investment Bank: 3.13%, 7/15/2011..................................... 600,000 614,274 4.25%, 7/15/2013..................................... 525,000 556,825 Inter-American Development Bank 3.25%, 11/15/2011.................................... 450,000 462,987 Wachovia Corp. 5.50%, 5/1/2013...................................... 600,000 556,880 ----------- 2,190,966 ----------- COMPUTERS & PERIPHERALS -- 1.8% International Business Machines Corp. 5.70%, 9/14/2017..................................... 300,000 309,329 ----------- DIVERSIFIED FINANCIAL SERVICES -- 19.3% Bank of America Corp. 4.90%, 5/1/2013...................................... 825,000 743,247 Citigroup, Inc. 5.50%, 4/11/2013..................................... 1,050,000 938,575 General Electric Capital Corp.: 4.80%, 5/1/2013...................................... 1,125,000 1,058,184 5.63%, 5/1/2018...................................... 150,000 129,128 International Lease Finance Corp. 4.75%, 1/13/2012..................................... 450,000 267,750 Merrill Lynch & Co., Inc. 6.88%, 4/25/2018..................................... 300,000 227,397 ----------- 3,364,281 ----------- ELECTRIC UTILITIES -- 1.6% Commonwealth Edison Co. 5.80%, 3/15/2018..................................... 300,000 282,226 ----------- FOOD & STAPLES RETAILING -- 1.7% Wal-Mart Stores, Inc. 3.00%, 2/3/2014...................................... 300,000 299,627 ----------- FOOD PRODUCTS -- 1.8% Kraft Foods, Inc. 5.63%, 11/1/2011..................................... 300,000 313,689 ----------- HEALTH CARE EQUIPMENT & SUPPLIES -- 0.9% Baxter International, Inc. 4.00%, 3/1/2014...................................... 150,000 152,832 ----------- HEALTH CARE PROVIDERS & SERVICES -- 0.7% Humana, Inc. 7.20%, 6/15/2018..................................... 150,000 121,661 ----------- INSURANCE -- 0.7% American International Group, Inc. 5.85%, 1/16/2018..................................... 300,000 114,000 ----------- MACHINERY -- 2.2% Caterpillar Financial Services Corp. 6.20%, 9/30/2013..................................... 225,000 220,888 John Deere Capital Corp. 7.00%, 3/15/2012..................................... 150,000 160,897 ----------- 381,785 ----------- MEDIA -- 5.7% Comcast Corp. 5.70%, 5/15/2018..................................... 675,000 632,066 News America, Inc. 6.90%, 3/1/2019(a)................................... 150,000 138,332 Time Warner Cable, Inc. 6.20%, 7/1/2013...................................... 225,000 217,037 ----------- 987,435 ----------- METALS & MINING -- 2.3% BHP Billiton Finance USA Ltd. 5.50%, 4/1/2014...................................... 200,000 201,346 Rio Tinto Finance USA, Ltd. 5.88%, 7/15/2013..................................... 225,000 198,000 ----------- 399,346 ----------- MULTI-UTILITIES -- 1.7% MidAmerican Energy Holdings Co. 5.75%, 4/1/2018...................................... 300,000 295,057 ----------- OIL, GAS & CONSUMABLE FUELS -- 6.8% Conoco Funding Co. 6.35%, 10/15/2011.................................... 375,000 403,069 Kinder Morgan Energy Partners LP 6.00%, 2/1/2017...................................... 250,000 233,373 Petrobras International Finance Co. 8.38%, 12/10/2018.................................... 225,000 245,250 XTO Energy, Inc. 5.75%, 12/15/2013.................................... 300,000 299,639 ----------- 1,181,331 ----------- PHARMACEUTICALS -- 2.7% Abbott Laboratories 5.60%, 11/30/2017.................................... 450,000 472,329 ----------- REAL ESTATE INVESTMENT TRUST -- 1.1% ERP Operating LP 5.75%, 6/15/2017..................................... 225,000 182,250 ----------- ROAD & RAIL -- 1.1% Union Pacific Corp. 5.13%, 2/15/2014..................................... 200,000 196,595 -----------
126 SPDR BARCLAYS CAPITAL INTERMEDIATE TERM CREDIT BOND ETF SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
PRINCIPAL SECURITY DESCRIPTION AMOUNT VALUE - -------------------- ---------- ----------- TOBACCO -- 0.9% Altria Group, Inc. 9.70%, 11/10/2018.................................... $ 150,000 $ 163,284 ----------- WIRELESS TELECOMMUNICATION SERVICES -- 5.3% AT&T, Inc. 5.50%, 2/1/2018...................................... 225,000 216,763 New Cingular Wireless Services, Inc. 7.88%, 3/1/2011...................................... 300,000 319,208 Verizon Communications, Inc. 5.25%, 4/15/2013..................................... 375,000 382,816 ----------- 918,787 ----------- TOTAL CORPORATE BONDS & NOTES -- (Cost $15,686,753)................................... 15,164,493 ----------- FOREIGN GOVERNMENT OBLIGATIONS -- 8.8% Federal Republic of Brazil 8.00%, 1/15/2018..................................... 400,000 436,500 Republic of Italy 3.50%, 7/15/2011..................................... 600,000 612,870 United Mexican States 5.88%, 1/15/2014..................................... 475,000 492,813 ----------- TOTAL FOREIGN GOVERNMENT OBLIGATIONS -- (Cost $1,521,319).................................... 1,542,183 -----------
SECURITY DESCRIPTION SHARES VALUE - -------------------- ---------- ----------- SHORT TERM INVESTMENTS -- 2.4% MONEY MARKET FUND -- 2.4% State Street Institutional Liquid Reserves Fund 0.57% (b)(c) (Cost $415,794)...................................... 415,794 $ 415,794 ----------- TOTAL INVESTMENTS -- 98.3% (Cost $17,623,866)................................... 17,122,470 OTHER ASSETS AND LIABILITIES -- 1.7%.................................. 291,626 ----------- NET ASSETS -- 100.0%................................... $17,414,096 ===========
(a) Security purchased pursuant to Rule 144A of the Securities Act of 1933. This security, which represents 0.79% of net assets as of March 31, 2009, is considered liquid and may be resold in transactions exempt from registration, normally to qualified institutional buyers. (b) The rate shown is the annualized seven-day yield at period end. (c) Affiliated Fund managed by SSgA Funds Management, Inc. 127 SPDR BARCLAYS CAPITAL LONG TERM CREDIT BOND ETF SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
PRINCIPAL SECURITY DESCRIPTION AMOUNT VALUE - -------------------- --------- ---------- CORPORATE BONDS & NOTES -- 86.8% AEROSPACE & DEFENSE -- 1.7% Boeing Co. 6.63%, 2/15/2038..................................... $100,000 $ 103,307 ---------- CAPITAL MARKETS -- 4.2% Morgan Stanley 6.25%, 8/9/2026...................................... 100,000 86,297 The Goldman Sachs Group, Inc. 6.13%, 2/15/2033..................................... 200,000 167,277 ---------- 253,574 ---------- CHEMICALS -- 2.4% E.I. du Pont de Nemours & Co. 5.75%, 3/15/2019..................................... 150,000 146,218 ---------- COMMERCIAL BANKS -- 2.2% JPMorgan Chase & Co. 6.40%, 5/15/2038..................................... 100,000 96,512 Wachovia Bank NA 6.60%, 1/15/2038..................................... 50,000 38,446 ---------- 134,958 ---------- COMMERCIAL SERVICES & SUPPLIES -- 2.5% Waste Management, Inc. 7.38%, 3/11/2019..................................... 150,000 152,996 ---------- COMMUNICATIONS EQUIPMENT -- 0.8% Cisco Systems, Inc. 5.90%, 2/15/2039..................................... 50,000 45,926 ---------- COMPUTERS & PERIPHERALS -- 2.0% International Business Machines Corp. 8.00%, 10/15/2038.................................... 100,000 117,762 ---------- DIVERSIFIED FINANCIAL SERVICES -- 2.5% Citigroup, Inc. 6.88%, 3/5/2038...................................... 50,000 42,122 General Electric Capital Corp. 5.88%, 1/14/2038..................................... 150,000 106,391 ---------- 148,513 ---------- DIVERSIFIED TELECOMMUNICATION SERVICES -- 3.1% British Telecom PLC 9.13%, 12/15/2030(a)................................. 200,000 185,008 ---------- ELECTRIC UTILITIES 11.5% Appalachian Power Co. 7.95%, 1/15/2020..................................... 200,000 203,788 Consolidated Edison Co. of New York 5.70%, 12/1/2036..................................... 50,000 42,781 Florida Power Corp. 6.40%, 6/15/2038..................................... 50,000 52,222 MidAmerican Energy Holdings Co. 6.50%, 9/15/2037..................................... 50,000 45,942 Pacific Gas & Electric Co.: 6.05%, 3/1/2034...................................... 200,000 196,895 6.25%, 3/1/2039...................................... 100,000 99,695 Pacificorp 6.00%, 1/15/2039..................................... 50,000 48,826 ---------- 690,149 ---------- FOOD & STAPLES RETAILING -- 5.0% Target Corp. 7.00%, 1/15/2038..................................... 100,000 92,767 The Kroger Co. 7.50%, 4/1/2031...................................... 100,000 108,867 Wal-Mart Stores, Inc. 5.88%, 4/5/2027...................................... 100,000 100,029 ---------- 301,663 ---------- FOOD PRODUCTS -- 2.4% Kraft Foods, Inc. 6.88%, 1/26/2039..................................... 150,000 145,416 ---------- HEALTH CARE PROVIDERS & SERVICES -- 0.7% UnitedHealth Group, Inc. 6.88%, 2/15/2038..................................... 50,000 44,085 ---------- HOTELS, RESTAURANTS & LEISURE -- 1.3% McDonald's Corp. 6.30%, 3/1/2038...................................... 75,000 76,279 ---------- INSURANCE -- 1.9% MetLife, Inc. 6.40%, 12/15/2036.................................... 175,000 70,000 Travelers Cos., Inc. 6.25%, 6/15/2037..................................... 50,000 44,998 ---------- 114,998 ---------- MEDIA -- 4.1% Comcast Corp. 6.95%, 8/15/2037..................................... 150,000 139,150 News America, Inc. 6.65%, 11/15/2037.................................... 25,000 18,949 Time Warner, Inc. 7.63%, 4/15/2031..................................... 100,000 90,681 ---------- 248,780 ---------- METALS & MINING -- 1.1% Rio Tinto Alcan, Inc. 6.13%, 12/15/2033.................................... 100,000 66,000 ---------- OIL, GAS & CONSUMABLE FUELS -- 18.8% Anadarko Petroleum Corp. 8.70%, 3/15/2019..................................... 150,000 149,586 Canadian Natural Resources, Ltd. 6.25%, 3/15/2038..................................... 50,000 37,021 Conoco Funding Co. 7.25%, 10/15/2031.................................... 100,000 101,983 Conoco, Inc. 6.95%, 4/15/2029..................................... 100,000 98,696 Pemex Project Funding Master Trust 6.63%, 6/15/2035..................................... 150,000 109,125 Petroleos Mexicanos 8.00%, 5/3/2019(b)................................... 100,000 97,375 Shell International Finance 6.38%, 12/15/2038.................................... 100,000 103,426 Southern Natural Gas, Co. 8.00%, 3/1/2032...................................... 100,000 92,415 Trans-Canada Pipelines 7.63%, 1/15/2039..................................... 100,000 98,279 Weatherford International Ltd. 9.63%, 3/1/2019...................................... 100,000 102,780 Williams Cos., Inc. 7.63%, 7/15/2019..................................... 150,000 139,500 ---------- 1,130,186 ----------
128 SPDR BARCLAYS CAPITAL LONG TERM CREDIT BOND ETF SCHEDULE OF INVESTMENTS (CONTINUED) MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
PRINCIPAL SECURITY DESCRIPTION AMOUNT VALUE - -------------------- --------- ---------- PHARMACEUTICALS -- 6.5% Abbott Laboratories 5.13%, 4/1/2019...................................... $150,000 $ 150,398 Bristol-Myers Squibb Co. 5.88%, 11/15/2036.................................... 100,000 94,184 Eli Lilly & Co. 5.50%, 3/15/2027..................................... 100,000 94,837 GlaxoSmithKline Capital, Inc. 6.38%, 5/15/2038..................................... 50,000 50,013 ---------- 389,432 ---------- ROAD & RAIL -- 2.1% CSX Corp. 7.45%, 4/1/2038...................................... 150,000 123,924 ---------- TOBACCO -- 1.7% Altria Group, Inc. 9.95%, 11/10/2038.................................... 100,000 99,297 ---------- WIRELESS TELECOMMUNICATION SERVICES -- 8.3% AT&T Corp. 8.00%, 11/15/2031.................................... 150,000 162,007 AT&T, Inc. 6.30%, 1/15/2038..................................... 100,000 88,872 Verizon Communications 7.75%, 12/1/2030..................................... 150,000 151,991 Vodafone Group PLC 6.15%, 2/27/2037..................................... 100,000 94,018 ---------- 496,888 ---------- TOTAL CORPORATE BONDS & NOTES -- (Cost $5,218,900).................................... 5,215,359 ---------- FOREIGN GOVERNMENT OBLIGATIONS -- 8.9% Federal Republic of Brazil: 7.13%, 1/20/2037..................................... 100,000 100,250 10.13%, 5/15/2027.................................... 100,000 127,000 Republic of Peru 7.35%, 7/21/2025..................................... 100,000 100,500 United Mexican States: 6.75%, 9/27/2034..................................... 100,000 94,000 8.30%, 8/15/2031..................................... 100,000 110,750 ---------- TOTAL FOREIGN GOVERNMENT OBLIGATIONS -- (Cost $547,821)...................................... 532,500 ---------- U.S. TREASURY OBLIGATIONS -- 2.0% Treasury Bonds 3.50%, 2/15/2039 (Cost $120,044)...................................... 125,000 123,506 ---------- SECURITY DESCRIPTION SHARES VALUE - -------------------- --------- ---------- SHORT TERM INVESTMENTS -- 0.7% MONEY MARKET FUND -- 0.7% State Street Institutional Liquid Reserves Fund 0.57% (c)(d) (Cost $39,962)....................................... 39,962 $ 39,962 ---------- TOTAL INVESTMENTS -- 98.4% (Cost $5,926,727).................................... 5,911,327 OTHER ASSETS AND LIABILITIES -- 1.6%.................................. 98,890 ---------- NET ASSETS -- 100.0%................................... $6,010,217 ==========
(a) Step up Bond. Coupon rate increases in increments to maturity. Rate disclosed is as of March 31, 2009. Maturity date disclosed is the ultimate maturity date. (b) Security purchased pursuant to Rule 144A of the Securities Act of 1933. This security, which represents 1.62% of net assets as of March 31, 2009, is considered liquid and may be resold in transactions exempt from registration, normally to qualified institutional buyers. (c) The rate shown is the annualized seven-day yield at period end. (d) Affiliated Fund managed by SSgA Funds Management, Inc. 129 SPDR BARCLAYS CAPITAL MORTGAGE BACKED BOND ETF SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
PRINCIPAL SECURITY DESCRIPTION AMOUNT VALUE - -------------------- ---------- ----------- U.S. AGENCY MBS TBA -- 98.7% Fannie Mae 5.00% 15YR TBA....................................... $ 250,000 $ 259,062 5.50% 30YR TBA....................................... 1,500,000 1,556,250 6.00% 15YR TBA....................................... 100,000 104,719 6.50% 30YR TBA....................................... 300,000 315,797 Freddie Mac 4.50% 15YR TBA....................................... 250,000 257,109 4.50% 30YR TBA....................................... 200,000 204,047 5.00% 30YR TBA....................................... 700,000 721,383 5.50% 15YR TBA....................................... 100,000 104,234 6.00% 30YR TBA....................................... 1,000,000 1,045,000 Ginnie Mae 5.00% 30YR TBA....................................... 100,000 103,609 5.50% 30YR TBA....................................... 200,000 208,094 6.00% 30YR TBA....................................... 200,000 208,969 6.50% 30YR TBA....................................... 100,000 104,891 ----------- TOTAL U.S. AGENCY MBS TBA -- (Cost $5,116,719).................................... 5,193,164 ----------- SHARES ---------- SHORT TERM INVESTMENTS -- 99.0% MONEY MARKET FUND -- 99.0% State Street Institutional Liquid Reserves Fund 0.57% (a)(b)(c) (Cost $5,212,428).................................... 5,212,428 5,212,428 ----------- TOTAL INVESTMENTS -- 197.7% (Cost $10,329,147)................................... 10,405,592 OTHER ASSETS AND LIABILITIES -- (97.7)%................ (5,142,712) ----------- NET ASSETS -- 100.0%................................... $ 5,262,880 ===========
(a) Security or a portion of the security has been designated as collateral for TBA securities. (b) The rate shown is the annualized seven-day yield at period end. (c) Affiliated Fund managed by SSgA Funds Management, Inc. TBA = To Be Announced 130 SPDR SERIES TRUST NOTES TO SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - -------------------------------------------------------------------------------- SECURITY VALUATION The value of each Fund's portfolio securities is based on the market price of the securities, which generally means a valuation obtained from an exchange or other market (or based on a price quotation or other equivalent indication of value supplied by an exchange or other market) or a valuation obtained from an independent pricing service. Investments in open-end investment companies are valued at their net asset value each business day. U.S. fixed income securities may be valued as of the announced closing time for trading in fixed income instruments on any day that the Securities Industry and Financial Markets Association announces an early closing time. If a security's market price is not readily available or does not otherwise accurately reflect the fair value of the security, the security will be valued by another method that the Board of Trustees of the Trust (the "Board") believes will better reflect fair value in accordance with the Trust's valuation policies and procedures. The Board has delegated the process of valuing securities for which market quotations are not readily available or do not otherwise accurately reflect the fair value of the security to the Pricing and Investment Committee (the "Committee"). The Committee, subject to oversight by the Board, may use fair value pricing in a variety of circumstances, including but not limited to, situations when the value of a security in a Fund's portfolio has been materially affected by events occurring after the close of the market on which the security is principally traded (such as in the case of a corporate action or other news that may materially affect the price of the security) or trading in a security has been suspended or halted. Accordingly, a Fund's net asset value may reflect certain portfolio securities' fair values rather than their market prices. Effective July 1, 2008, the Funds adopted Financial Accounting Standards Board ("FASB") Statement of Financial Accounting Standards No. 157 ("FAS 157"), "Fair Value Measurements." This standard defines fair value, establishes a framework for measuring fair value in accordance with generally accepted accounting principles and expands disclosure about fair value measurements. Various inputs are used in determining the value of the Funds' investments. These inputs are summarized in the three broad levels listed below. - Level 1 -- quoted prices in active markets for identical investments - Level 2 -- other significant observable inputs (including, but not limited to, quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.) - Level 3 -- significant unobservable inputs (including the Funds' own assumptions in determining the fair value of investments) Investments that use Level 2 or Level 3 inputs may include, but are not limited to: (i) an unlisted security related to corporate actions; (ii) a restricted security (e.g., one that may not be publicly sold without registration under the Securities Act of 1933, as amended); (iii) a security whose trading has been suspended or which has been de-listed from its primary trading exchange; (iv) a security that is thinly traded; (v) a security in default or bankruptcy proceedings for which there is no current market quotation; (vi) a security affected by currency controls or restrictions; and (vii) a security affected by a significant event (e.g., an event that occurs after the close of the markets on which the security is traded but before the time as of which the Funds' net assets are computed and that may materially affect the value of the Funds' investments). Examples of events that may be "significant events" are government actions, natural disasters, armed conflict, acts of terrorism, and significant market fluctuations. Fair value pricing could result in a difference between the prices used to calculate a Fund's net asset value and the prices used by the Fund's benchmark index, which, in turn, could result in a difference between the Fund's performance and the performance of the Fund's benchmark index. The inputs or methodology used for valuation are not necessarily an indication of the risk associated with investing in those investments. The following table summarizes the inputs used in valuing the Funds' investments, as of March 31, 2009:
LEVEL 2 - LEVEL 3 - LEVEL 1 - OTHER SIGNIFICANT SIGNIFICANT QUOTED OBSERVABLE UNOBSERVABLE SPDR SERIES TRUST PRICES INPUTS INPUTS TOTAL - ----------------- ------------ ----------------- ------------ -------------- SPDR Dow Jones Total Market ETF.......... $134,770,678 $ 36,195 $-- $ 134,806,873 SPDR Dow Jones Large Cap ETF............. 30,601,924 -- -- 30,601,924 SPDR Dow Jones Large Cap Growth ETF...... 155,036,782 -- -- 155,036,782 SPDR Dow Jones Large Cap Value ETF....... 86,641,863 -- -- 86,641,863 SPDR Dow Jones Mid Cap ETF............... 25,692,009 -- -- 25,692,009 SPDR Dow Jones Mid Cap Growth ETF........ 40,664,644 -- -- 40,664,644
131 SPDR SERIES TRUST NOTES TO SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
LEVEL 2 - LEVEL 3 - LEVEL 1 - OTHER SIGNIFICANT SIGNIFICANT QUOTED OBSERVABLE UNOBSERVABLE SPDR SERIES TRUST PRICES INPUTS INPUTS TOTAL - ----------------- ------------ ----------------- ------------ -------------- SPDR Dow Jones Mid Cap Value ETF......... 11,535,314 -- -- 11,535,314 SPDR Dow Jones Small Cap ETF............. 19,070,171 -- 2 19,070,173 SPDR Dow Jones Small Cap Growth ETF...... 87,852,789 -- -- 87,852,791 SPDR Dow Jones Small Cap Value ETF....... 65,812,979 -- 23 65,812,979 SPDR DJ Global Titans ETF................ 77,596,538 -- -- 77,596,538 SPDR Dow Jones REIT ETF.................. 823,324,673 -- -- 823,324,673 SPDR KBW Bank ETF........................ 700,983,063 -- -- 700,983,063 SPDR KBW Capital Markets ETF............. 56,178,791 -- -- 56,178,791 SPDR KBW Insurance ETF................... 79,420,986 -- -- 79,420,986 SPDR Morgan Stanley Technology ETF....... 163,838,993 -- -- 163,838,993 SPDR S&P Dividend ETF.................... 591,510,269 -- -- 591,510,269 SPDR S&P Biotech ETF..................... 574,367,827 -- -- 574,367,827 SPDR S&P Homebuilders ETF................ 620,124,340 -- -- 620,124,340 SPDR S&P Metals & Mining ETF............. 349,328,574 -- -- 349,328,574 SPDR S&P Oil & Gas Equipment & Services ETF.................................... 140,303,972 -- -- 140,303,972 SPDR S&P Oil & Gas Exploration & Production ETF......................... 256,220,398 -- -- 256,220,398 SPDR S&P Pharmaceuticals ETF............. 57,291,603 -- -- 57,291,603 SPDR S&P Retail ETF...................... 199,988,200 -- -- 199,988,200 SPDR S&P Semiconductor ETF............... 70,357,603 -- -- 70,357,603 SPDR KBW Regional Bank ETF............... 615,946,677 -- -- 615,946,677 SPDR Barclays Capital 1-3 Month T-Bill ETF.................................... 852,821 1,026,463,623 -- 1,027,316,444 SPDR Barclays Capital TIPS ETF........... 43,505,306 186,636,117 -- 230,141,423 SPDR Barclays Capital Intermediate Term Treasury ETF........................... 27,133,460 116,740,251 -- 143,873,711 SPDR Barclays Capital Long Term Treasury ETF.................................... 3,224,219 11,831,699 -- 15,055,918 SPDR Barclays Capital Aggregate Bond ETF.................................... 102,509,494 182,876,684 -- 285,386,178 SPDR Barclays Capital Municipal Bond ETF.................................... 10,326,836 493,899,743 -- 504,226,579 SPDR Barclays Capital California Municipal Bond ETF..................... 73,953 29,263,754 -- 29,337,707 SPDR Barclays Capital New York Municipal Bond ETF............................... 336,041 12,244,612 -- 12,580,653 SPDR Barclays Capital Short Term Municipal Bond ETF..................... 10,579,145 358,524,311 -- 369,103,456 SPDR DB International Government Inflation-Protected Bond ETF........... 3,026,791 228,151,101 -- 231,177,892 SPDR Barclays Capital International Treasury Bond ETF...................... 46,520,005 829,009,614 -- 875,529,619 SPDR Barclays Capital High Yield Bond ETF.................................... 5,623,693 991,177,367 -- 996,801,060 SPDR Barclays Capital Short Term International Treasury Bond ETF........ 560,152 5,787,778 -- 6,347,930 SPDR Barclays Capital Intermediate Term Credit Bond ETF........................ 415,794 16,706,676 -- 17,122,470 SPDR Barclays Capital Long Term Credit Bond ETF............................... 39,962 5,871,365 -- 5,911,327 SPDR Barclays Capital Mortgage Backed Bond ETF............................... 5,212,428 5,193,164 -- 10,405,592
LEVEL 2 - LEVEL 3 - LEVEL 1 - OTHER SIGNIFICANT SIGNIFICANT SPDR SERIES TRUST -- OTHER FINANCIAL QUOTED OBSERVABLE UNOBSERVABLE INSTRUMENTS * PRICES INPUTS INPUTS TOTAL - ------------------------------------ -------------------- ----------------- ------------ ------ SPDR Barclays Capital International Treasury Bond ETF.................................. -- 35,496 -- 35,496
- -------- * Other financial instruments are derivative instruments not reflected in the Schedule of investments, such as futures, forwards, and swap contracts, which are valued at the unrealized appreciation/depreciation on the instrument. 132 SPDR SERIES TRUST NOTES TO SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - -------------------------------------------------------------------------------- The following table provides the reconciliation of investments in which significant unobservable inputs (Level 3) were used in determining fair value for the period ended March 31, 2009:
NET CHANGE IN REALIZED UNREALIZED GAIN (LOSS) (DEPRECIATION) ACCRETED AND CHANGE IN FROM DISCOUNTS UNREALIZED NET BALANCE INVESTMENTS BALANCES AT (AMORTIZED APPRECIATION PURCHASES NET TRANSFERS AT STILL HELD AT 6/30/08 PREMIUMS) (DEPRECIATION) (SALES) IN AND/OR OUT 3/31/09 3/31/09 ----------- ---------- -------------- --------- ------------- ------- -------------- SPDR Dow Jones Small Cap ETF.................... $-- $-- $-- $-- $ 2 $ 2 $ 2 SPDR Dow Jones Small Cap Growth ETF............. -- -- -- -- -- -- -- SPDR Dow Jones Small Cap Value ETF -- -- -- -- 23 23 23
In April 2009, the Financial Accounting Standards Board ("FASB") issued FASB Staff Position No. 157-4, "Determining Fair Value When the Volume and Level of Activity for the Asset or Liability Have Significantly Decreased and Identifying Transactions That Are Not Orderly" ("FSP 157-4"). FSP 157-4 provides additional guidance for estimating fair value in accordance with FASB Statement of Financial Accounting Standards No. 157, "Fair Value Measurements" ("FAS 157"), when the volume and level of activity for the asset or liability have significantly decreased as well as guidance on identifying circumstances that indicate a transaction is not orderly. FSP 157-4 is effective for fiscal years and interim periods ending after June 15, 2009. Management is currently evaluating the impact the adoption of FSP 157-4 will have on the Funds' financial statement disclosures. In March 2008, FASB issued Statement of Financial Accounting Standards No. 161, "Disclosures about Derivative Instruments and Hedging Activities" ("SFAS 161"). SFAS 161 is effective for fiscal years and interim periods beginning after November 15, 2008. SFAS 161 requires enhanced disclosures about Funds' derivative and hedging activities. Management is currently evaluating the impact, if any, the adoption of SFAS 161 will have on the Funds' financial statement disclosures. The Funds listed below have invested in an affiliated company, State Street Corp. Amounts relating to these investments at March 31, 2009 and for the period then ended are:
PURCHASED SOLD VALUE AT ------------------------ ------------------------ VALUE AT REALIZED FUND 6/30/08 COST SHARES PROCEEDS SHARES 3/31/09 INCOME GAIN/(LOSS) - ---- ----------- ------------ --------- ------------ --------- ----------- -------- ----------- SPDR Dow Jones Total Market ETF.......... $ 202,720 $ 159,121 3,881 $ 26,568 665 $ 196,500 $ 2,959 $ 1,750 SPDR Dow Jones Large Cap ETF............. 19,645 39,250 1,069 469 19 41,768 427 (1,037) SPDR Dow Jones Large Cap Growth ETF...... 1,165,962 -- -- 1,101,557 18,221 -- 4,373 (107,989) SPDR Dow Jones Large Cap Value ETF....... -- 620,614 11,575 81,504 2,657 274,496 4,454 (57,008) SPDR KBW Bank ETF..... 46,475,809 137,250,199 2,970,770 130,445,492 2,840,204 26,374,274 514,870 (9,435,069) SPDR KBW Capital Markets ETF......... 9,860,027 32,737,133 650,859 33,861,097 701,122 3,195,703 89,675 (3,294,221)
Each Fund may invest in the shares of certain money market funds managed by the Adviser, including the State Street Institutional Liquid Reserves Fund ("Liquid Reserves Fund") and State Street Institutional Tax Free Money Market Fund ("Tax Free Money Market Fund"), both a series of State Street Institutional Investment Trust. The Liquid Reserves Fund and Tax Free Money Market Fund are both feeder funds in a master/feeder fund structure that invest substantially all of their assets in the State Street Money Market Portfolio and State Street Tax Free Money Market Portfolio, respectively, each a series of State Street Master Funds ("Master Portfolio"). The Liquid Reserves Fund and Tax Free Money Market Fund do not pay an investment advisory fee to the Adviser, but the respective Master Portfolio in which they invest pays an investment advisory fee to the Adviser. The Liquid Reserves Fund and Tax Free Money Market Fund intend to declare dividends on shares from net investment income daily and pay them as of the last business day of each month. 133 SPDR SERIES TRUST NOTES TO SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - -------------------------------------------------------------------------------- Each Fund invests its cash collateral for securities lending in the shares of the State Street Navigator Securities Lending Prime Portfolio, an affiliated fund of the Adviser. Amounts relating to these investments at March 31, 2009 and for the period then ended are:
PURCHASED SOLD VALUE AT --------------------------------- --------------------------------- VALUE AT FUND 6/30/08 COST SHARES PROCEEDS SHARES 3/31/09 - ---- ------------- --------------- --------------- --------------- --------------- ------------- SPDR Dow Jones Total Market ETF......... $ 21,262,511 $ 116,791,633 116,791,633 $ 131,887,067 131,887,067 $ 6,167,077 SPDR Dow Jones Large Cap ETF............ 1,832,154 27,214,556 27,214,556 22,554,604 22,554,604 6,492,106 SPDR Dow Jones Large Cap Growth ETF..... 20,052,330 148,498,681 148,498,681 156,683,730 156,683,730 11,867,281 SPDR Dow Jones Large Cap Value ETF...... 12,921,394 140,975,102 140,975,102 150,753,828 150,753,828 3,142,668 SPDR Dow Jones Mid Cap ETF............ 5,859,846 24,092,185 24,092,185 24,321,353 24,321,353 5,630,678 SPDR Dow Jones Mid Cap Growth ETF..... 12,388,543 34,778,588 34,778,588 38,155,326 38,155,326 9,011,805 SPDR Dow Jones Mid Cap Value ETF...... 2,862,416 9,599,478 9,599,478 9,932,800 9,932,800 2,529,094 SPDR Dow Jones Small Cap ETF............ 3,968,716 13,805,560 13,805,560 13,535,863 13,535,863 4,238,413 SPDR Dow Jones Small Cap Growth ETF..... 24,685,849 77,632,181 77,632,181 82,644,972 82,644,972 19,673,058 SPDR Dow Jones Small Cap Value ETF...... 25,747,911 99,467,629 99,467,629 111,419,596 111,419,596 13,795,944 SPDR DJ Global Titans ETF................ 9,222,538 212,972,817 212,972,817 214,656,850 214,656,850 7,538,505 SPDR Dow Jones REIT ETF................ 125,989,046 1,193,135,132 1,193,135,132 1,209,322,010 1,209,322,010 109,802,168 SPDR KBW Bank ETF.... 99,463,820 967,006,621 967,006,621 939,801,925 939,801,925 126,668,516 SPDR KBW Capital Markets ETF........ 26,491,439 175,202,318 175,202,318 194,950,412 194,950,412 6,743,345 SPDR KBW Insurance ETF................ 10,865,370 197,474,650 197,474,650 189,477,646 189,477,646 18,862,374 SPDR Morgan Stanley Technology ETF..... 19,361,762 279,624,802 279,624,802 276,117,203 276,117,203 22,869,361 SPDR S&P Dividend ETF................ 48,339,022 467,235,071 467,235,071 392,050,618 392,050,618 123,523,475 SPDR S&P Biotech ETF................ 72,559,744 558,538,595 558,538,595 512,373,041 512,373,041 118,725,298 SPDR S&P Homebuilders ETF................ 134,901,443 818,661,315 818,661,315 817,327,127 817,327,127 136,235,631 SPDR S&P Metals & Mining ETF......... 94,876,401 459,593,958 459,593,958 477,757,288 477,757,288 76,713,071 SPDR S&P Oil & Gas Equipment & Services ETF....... 34,443,666 186,377,232 186,377,232 200,286,348 200,286,348 20,534,550 SPDR S&P Oil & Gas Exploration & Production ETF..... 38,608,950 324,143,447 324,143,447 326,404,690 326,404,690 36,347,707 SPDR S&P Pharmaceuticals ETF................ 2,523,940 57,031,115 57,031,115 46,922,684 46,922,684 12,632,371 SPDR S&P Retail ETF.. 28,405,647 692,600,188 692,600,188 707,233,537 707,233,537 13,772,298 SPDR S&P Semiconductor ETF.. 10,428,550 43,019,600 43,019,600 37,966,962 37,966,962 15,481,188 SPDR KBW Regional Bank ETF........... 170,496,072 926,596,461 926,596,461 957,867,886 957,867,886 139,224,647 SPDR Barclays Capital 1-3 Month T-Bill ETF................ 73,495,181 1,992,394,555 1,992,394,555 2,065,889,736 2,065,889,736 -- SPDR Barclays Capital TIPS ETF........... 26,647,080 121,687,366 121,687,366 104,907,170 104,907,170 43,427,276 SPDR Barclays Capital Intermediate Term Treasury ETF....... 12,637,933 48,243,158 48,243,158 33,872,196 33,872,196 27,008,895 SPDR Barclays Capital Long Term Treasury ETF................ 3,014,608 24,141,348 24,141,348 23,937,328 23,937,328 3,218,628 SPDR Barclays Capital Aggregate Bond ETF................ 19,106,254 85,373,022 85,373,022 77,345,688 77,345,688 27,133,588 SPDR DB International Government Inflation-Protected Bond ETF........... 1,449,068 7,418,884 7,418,884 5,905,676 5,905,676 2,962,276 SPDR Barclays Capital International Treasury Bond ETF.. -- 44,921,593 44,921,593 30,300,543 30,300,543 14,621,050 REALIZED FUND INCOME GAIN/(LOSS) - ---- ------------- --------------- SPDR Dow Jones Total Market ETF......... $ 160,914 $-- SPDR Dow Jones Large Cap ETF............ 30,162 -- SPDR Dow Jones Large Cap Growth ETF..... 186,110 -- SPDR Dow Jones Large Cap Value ETF...... 111,407 -- SPDR Dow Jones Mid Cap ETF............ 47,613 -- SPDR Dow Jones Mid Cap Growth ETF..... 75,392 -- SPDR Dow Jones Mid Cap Value ETF...... 21,184 -- SPDR Dow Jones Small Cap ETF............ 46,837 -- SPDR Dow Jones Small Cap Growth ETF..... 241,753 -- SPDR Dow Jones Small Cap Value ETF...... 206,425 -- SPDR DJ Global Titans ETF................ 100,782 -- SPDR Dow Jones REIT ETF................ 1,497,738 -- SPDR KBW Bank ETF.... 1,948,427 -- SPDR KBW Capital Markets ETF........ 127,595 -- SPDR KBW Insurance ETF................ 102,001 -- SPDR Morgan Stanley Technology ETF..... 184,187 -- SPDR S&P Dividend ETF................ 646,738 -- SPDR S&P Biotech ETF................ 899,501 -- SPDR S&P Homebuilders ETF................ 2,063,488 -- SPDR S&P Metals & Mining ETF......... 443,376 -- SPDR S&P Oil & Gas Equipment & Services ETF....... 147,471 -- SPDR S&P Oil & Gas Exploration & Production ETF..... 222,528 -- SPDR S&P Pharmaceuticals ETF................ 89,493 -- SPDR S&P Retail ETF.. 817,256 -- SPDR S&P Semiconductor ETF.. 54,965 -- SPDR KBW Regional Bank ETF........... 3,362,864 -- SPDR Barclays Capital 1-3 Month T-Bill ETF................ 1,312,422 -- SPDR Barclays Capital TIPS ETF........... 299,697 -- SPDR Barclays Capital Intermediate Term Treasury ETF....... 209,823 -- SPDR Barclays Capital Long Term Treasury ETF................ 45,264 -- SPDR Barclays Capital Aggregate Bond ETF................ 221,892 -- SPDR DB International Government Inflation-Protected Bond ETF........... 14,510 -- SPDR Barclays Capital International Treasury Bond ETF.. 35,659 --
134 SPDR SERIES TRUST NOTES TO SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - -------------------------------------------------------------------------------- The Funds listed below have invested in an affiliated company, State Street Institutional Liquid Reserves Fund. Amounts relating to these investments at March 31, 2009 and for the period then ended are:
PURCHASED SOLD VALUE AT ------------------------- ------------------------- VALUE AT REALIZED FUND 6/30/08 COST SHARES PROCEEDS SHARES 3/31/09 INCOME GAIN/(LOSS) - ---- ----------- ----------- ----------- ----------- ----------- ----------- -------- ----------- SPDR Barclays Capital 1-3 Month T-Bill ETF.................. $ 327,088 67,944,423 67,944,423 67,418,690 67,418,690 $ 852,821 $ 9,753 $-- SPDR Barclays Capital Intermediate Term Treasury ETF......... 89,760 4,225,308 4,225,308 4,190,503 4,190,503 124,565 2,468 -- SPDR Barclays Capital Long Term Treasury ETF.................. 331 1,161,913 1,161,913 1,156,653 1,156,653 5,591 685 -- SPDR Barclays Capital TIPS ETF............. 12,260 3,237,409 3,237,409 3,171,639 3,171,639 78,030 2,834 -- SPDR Barclays Capital Aggregate Bond ETF... 3,112,372 145,584,458 145,584,458 73,320,924 73,320,924 75,375,906 328,598 -- SPDR Barclays Capital International Treasury Bond ETF.... 18,968,224 125,307,896 125,307,896 112,377,165 112,377,165 31,898,955 390,789 -- SPDR Barclays Capital High Yield Bond ETF.. 6,684,245 361,460,425 361,460,425 362,520,977 362,520,977 5,623,693 211,856 -- SPDR DB International Government Inflation- Protected Bond ETF... 51,056 36,373,291 36,373,291 36,359,832 36,359,832 64,515 12,130 -- SPDR Barclays Capital Mortgage Backed Bond ETF.................. 0 5,460,108 5,460,108 247,680 247,680 5,212,428 8,072 -- SPDR Barclays Capital Intermediate Term Credit Bond ETF...... 0 1,501,424 1,501,424 1,085,630 1,085,630 415,794 614 -- SPDR Barclays Capital Short Term International Treasury Bond ETF.... 0 617,171 617,171 57,019 57,019 560,152 825 -- SPDR Barclays Capital Long Term Credit Bond ETF.................. 0 1,725,083 1,725,083 1,685,121 1,685,121 39,962 118 --
The Funds listed below have invested in an affiliated company, State Street Institutional Tax Free Money Market Fund. Amounts relating to these investments at March 31, 2009 and for the period then ended are:
PURCHASED SOLD VALUE AT -------------------------- -------------------------- VALUE AT FUND 6/30/08 COST SHARES PROCEEDS SHARES 3/31/09 - ---- ---------- ------------ ----------- ------------ ----------- ----------- SPDR Barclays Capital Short Term Municipal Bond ETF................ $6,086,569 $206,484,360 206,484,360 $201,991,784 201,991,784 $10,579,145 SPDR Barclays Capital California Municipal ETF..................... 43,702 15,289,480 15,289,480 15,259,229 15,259,229 73,953 SPDR Barclays Capital New York Municipal ETF...... 283,700 2,562,473 2,562,473 2,510,132 2,510,132 336,041 SPDR Barclays Capital Municipal Bond ETF...... 612,570 200,884,713 200,884,713 191,170,447 191,170,447 10,326,836 REALIZED FUND INCOME GAIN/(LOSS) - ---- -------- ----------- SPDR Barclays Capital Short Term Municipal Bond ETF................ $103,332 $-- SPDR Barclays Capital California Municipal ETF..................... 13,400 -- SPDR Barclays Capital New York Municipal ETF...... 5,462 -- SPDR Barclays Capital Municipal Bond ETF...... 94,792 --
5. AGGREGATE UNREALIZED APPRECIATION AND DEPRECIATION The identified cost of investments in securities owned by each Fund for federal income tax purposes was substantially the same cost for financial reporting purposes. Accordingly, gross unrealized appreciation and depreciation at March 31, 2009 were as follows:
GROSS GROSS NET UNREALIZED UNREALIZED UNREALIZED APPRECIATION IDENTIFIED COST APPRECIATION DEPRECIATION (DEPRECIATION) --------------- ------------ -------------- --------------- SPDR Dow Jones Total Market ETF........... $ 182,885,263 $ 3,871,558 $ 51,949,948 $ (48,078,390) SPDR Dow Jones Large Cap ETF.............. 35,574,879 315,038 5,287,993 (4,972,955) SPDR Dow Jones Large Cap Growth ETF....... 227,656,629 1,350,900 73,970,747 (72,619,847) SPDR Dow Jones Large Cap Value ETF........ 126,657,660 850,544 40,866,341 (40,015,797) SPDR Dow Jones Mid Cap ETF................ 32,859,379 329,498 7,496,868 (7,167,370) SPDR Dow Jones Mid Cap Growth ETF......... 50,979,847 581,687 10,896,890 (10,315,203) SPDR Dow Jones Mid Cap Value ETF.......... 14,558,083 171,303 3,194,072 (3,022,769) SPDR Dow Jones Small Cap ETF.............. 27,979,923 242,775 9,152,525 (8,909,750) SPDR Dow Jones Small Cap Growth ETF....... 132,384,805 1,191,655 45,723,669 (44,532,014) SPDR Dow Jones Small Cap Value ETF........ 109,303,107 786,524 44,276,652 (43,490,128)
135 SPDR SERIES TRUST NOTES TO SCHEDULE OF INVESTMENTS MARCH 31, 2009 (UNAUDITED) - --------------------------------------------------------------------------------
GROSS GROSS NET UNREALIZED UNREALIZED UNREALIZED APPRECIATION IDENTIFIED COST APPRECIATION DEPRECIATION (DEPRECIATION) --------------- ------------ -------------- --------------- SPDR DJ Global Titans ETF................. 117,189,137 255,383 39,847,982 (39,592,599) SPDR Dow Jones REIT ETF................... 1,836,259,399 -- 1,012,934,726 (1,012,934,726) SPDR KBW Bank ETF......................... 1,412,350,462 20,448 711,387,847 (711,367,399) SPDR KBW Capital Markets ETF.............. 101,649,897 49,949 45,521,055 (45,471,106) SPDR KBW Insurance ETF.................... 117,473,272 301,052 38,353,338 (38,052,286) SPDR Morgan Stanley Technology ETF........ 241,123,474 1,536,209 78,820,690 (77,284,481) SPDR S&P Dividend ETF..................... 670,465,017 4,534,185 83,488,933 (78,954,748) SPDR S&P Biotech ETF...................... 655,740,404 8,968,590 90,341,167 (81,372,577) SPDR S&P Homebuilders ETF................. 603,635,569 23,816,343 7,327,572 16,488,771 SPDR S&P Metals & Mining ETF.............. 508,375,811 5,451,527 164,498,764 (159,047,237) SPDR S&P Oil & Gas Equipment & Services ETF..................................... 221,560,681 138,035 81,394,744 (81,256,709) SPDR S&P Oil & Gas Exploration & Production ETF.......................... 364,560,701 -- 108,340,303 (108,340,303) SPDR S&P Pharmaceuticals ETF.............. 59,063,394 2,832,945 4,604,736 (1,771,791) SPDR S&P Retail ETF....................... 203,294,654 1,554,306 4,860,760 (3,306,454) SPDR S&P Semiconductor ETF................ 73,737,563 892,941 4,272,901 (3,379,960) SPDR KBW S&P Regional Banking ETF......... 927,700,651 989,216 312,743,190 (311,753,974) SPDR Barclays Capital 1-3 Month T-Bill ETF..................................... 1,027,289,874 26,570 -- 26,570 SPDR Barclays Capital TIPS ETF............ 227,361,012 2,780,411 -- 2,780,411 SPDR Barclays Capital Intermediate Term Treasury ETF............................ 140,524,658 3,381,448 32,395 3,349,053 SPDR Barclays Capital Long Term Treasury ETF..................................... 14,376,994 678,924 -- 678,924 SPDR Barclays Capital Aggregate Bond ETF.. 285,302,948 3,756,841 3,673,611 83,230 SPDR Barclays Capital Municipal Bond ETF.. 501,149,930 8,738,987 5,662,338 3,076,649 SPDR Barclays Capital California Municipal Bond ETF................................ 29,728,110 346,096 736,499 (390,403) SPDR Barclays Capital New York Municipal Bond ETF................................ 12,767,569 182,795 369,711 (186,916) SPDR Barclays Capital Short Term Municipal Bond ETF................................ 361,427,429 7,758,098 82,071 7,676,027 SPDR DB International Government Inflation-Protected Bond ETF............ 268,271,438 946,336 38,039,882 (37,093,546) SPDR Barclays Capital International Treasury Bond ETF....................... 909,741,083 17,428,992 51,640,456 (34,211,464) SPDR Barclays Capital High Yield Bond ETF..................................... 1,140,640,328 13,465,007 157,304,275 (143,839,268) SPDR Barclays Capital Short Term International Treasury Bond ETF......... 6,388,692 98,617 139,379 (40,762) SPDR Barclays Capital Intermediate Term Credit Bond ETF......................... 17,623,866 46,820 548,216 (501,396) SPDR Barclays Capital Long Term Credit Bond ETF................................ 5,926,727 70,826 86,226 (15,400) SPDR Barclays Capital Mortgage Backed Bond ETF..................................... 10,329,147 76,445 -- 76,445
Other information regarding the Funds is available in the Funds' most recent Report to Shareholders. This information is also available on the Fund's website at www.spdrs.com as well as on the website of the Securities and Exchange Commission at www.sec.gov. 136 ITEM 2. CONTROLS AND PROCEDURES. (a) The registrant's principal executive officer and principal financial officer have concluded that the registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the "Investment Company Act")) are effective based on their evaluation of these controls and procedures as of a date within 90 days of the filing date of this document. (b) The registrant's principal executive officer and principal financial officer are aware of no changes in the registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act) that occurred during the registrant's last fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. SPDR Series Trust By: /s/ James E. Ross -------------------- James E. Ross President By: /s/ Gary L. French -------------------- Gary L. French Treasurer Date: May 22, 2009 Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated. By: /s/ James E. Ross -------------------- James E. Ross President By: /s/ Gary L. French -------------------- Gary L. French Treasurer Date: May 22, 2009 EX-99.CERT 2 b75302a1exv99wcert.txt CERTIFICATIONS OF PRESIDENT & TREASURER CERTIFICATIONS I, James E. Ross, certify that: 1. I have reviewed this report on Form N-Q of the SPDR Series Trust; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; 4. The registrant's other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: (a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; (b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; (c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and (d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and 5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions): (a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and (b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting. /s/ James E. Ross - --------------------- James E. Ross President Date: May 22, 2009 I, Gary L. French, certify that: 1. I have reviewed this report on Form N-Q of the SPDR Series Trust; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; 4. The registrant's other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: (a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; (b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; (c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and (d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and 5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions): (a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and (b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting. /s/ Gary L. French - ----------------------- Gary L. French Treasurer Date: May 22, 2009 -----END PRIVACY-ENHANCED MESSAGE-----