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: 811-21145

SPDR^® INDEX SHARES FUNDS

(Exact name of registrant as specified in charter)

STATE STREET FINANCIAL CENTER
ONE LINCOLN STREET
BOSTON, MASSACHUSETTS 02110

(Address of principal executive offices)(Zip code)

(Name and Address of Agent for Service)	Copy to:
James E. Ross	Ryan Louvar
President	Vice President and Senior Counsel
SSgA Funds Management Inc.	State Street Bank and Trust Company
State Street Financial Center	One Lincoln Street/CPH0326
One Lincoln Street	Boston, MA 02111
Boston, MA 02111

Registrant’s telephone number, including area code: (866) 787-2257

Date of fiscal year end: September 30

Date of reporting period: June 30, 2010

SPDR STOXX Europe 50 ETF
SCHEDULE OF INVESTMENTS

June 30, 2010 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS — 99.4%
FINLAND — 1.1%
Nokia Oyj (a)		48,042	$	394,861
FRANCE — 12.2%
AXA SA		23,496		366,804
BNP Paribas		12,622		692,175
France Telecom SA (b)		24,490		428,519
GDF Suez		17,098		492,169
Sanofi-Aventis		14,088		854,709
Societe Generale		9,498		399,050
Total SA		28,444		1,287,900
				4,521,326
GERMANY — 15.9%
Allianz SE		5,801		581,597
BASF SE		11,786		651,238
Bayer AG		10,596		597,036
Daimler AG (a)		11,433		587,060
Deutsche Bank AG		7,966		455,678
Deutsche Telekom AG		38,086		452,660
E.ON AG		25,610		695,780
RWE AG		5,282		347,564
SAP AG		11,822		531,155
Siemens AG		11,079		1,004,501
				5,904,269
ITALY — 4.7%
Assicurazioni Generali SpA		17,050		301,364
Eni SpA		31,251		581,464
Intesa Sanpaolo SpA		128,719		344,504
UniCredit SpA		234,790		528,886
				1,756,218
LUXEMBOURG — 0.9%
ArcelorMittal		11,861		324,785
NETHERLANDS — 2.5%
Fortis VVPR Strip (a)		33,296		41
ING Groep NV (a)		49,352		373,347
Unilever NV		19,918		549,921
				923,309
SPAIN — 7.7%
Banco Bilbao Vizcaya Argentaria SA		48,080		507,188
Banco Santander SA		104,669		1,120,547
Iberdrola SA		48,027		272,493
Telefonica SA		50,957		952,175
				2,852,403
SWEDEN — 1.2%
Telefonaktiebolaget LM Ericsson (Class B)		38,679		433,660
SWITZERLAND — 17.8%
ABB, Ltd. (a)		29,736		523,107
Credit Suisse Group AG (a)		13,806		523,894
Nestle SA		44,481		2,153,205
Novartis AG		31,405		1,531,880
Roche Holding AG		9,016		1,246,613
UBS AG (a)		45,859		614,941
				6,593,640
UNITED KINGDOM — 35.4%
Anglo American PLC (a)		17,172		603,867
AstraZeneca PLC		18,606		882,136
Barclays PLC		154,124		623,847
BG Group PLC		42,906		645,768
BHP Billiton PLC		28,559		749,647
BP PLC		240,827		1,149,000
British American Tobacco PLC		25,915		828,351
Diageo PLC		32,024		507,857
GlaxoSmithKline PLC		67,204		1,149,216
HSBC Holdings PLC		223,014		2,052,621
Rio Tinto PLC		18,063		802,209
Royal Dutch Shell PLC (Class A)		45,191		1,148,605
Tesco PLC		101,621		577,809
Vodafone Group PLC		677,640		1,410,726
				13,131,659
TOTAL COMMON STOCKS —
(Cost $62,749,582)				36,836,130
RIGHTS — 0.1%
SPAIN — 0.1%
Iberdrola SA (expired 06/28/10) (a)(c) (Cost $11,702)		49,905		10,890
SHORT TERM INVESTMENTS — 0.5%
UNITED STATES — 0.5%
MONEY MARKET FUNDS — 0.5%
State Street Navigator Securities Lending Prime Portfolio (d)(e)		190,954		190,954
State Street Institutional Liquid Reserves Fund (d)		3,691		3,691
TOTAL SHORT TERM INVESTMENTS —
(Cost $194,645)				194,645
TOTAL INVESTMENTS — 100.0%
(Cost $62,955,929)				37,041,665
OTHER ASSETS AND LIABILITIES — 0.0% (f)				14,454
NET ASSETS — 100.0%			$	37,056,119

(a)	Non-income producing security.
(b)	Security, or portion thereof, was on loan at June 30, 2010.
(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. Security value is determined based on Level 2 inputs. (See accompanying Notes to Schedules of Investments)
(d)	Affiliated Fund managed by SSgA Funds Management, Inc. (See accompanying Notes to Schedules of Investments)
(e)	Investments of cash collateral for securities loaned.
(f)	Amount represents less than 0.05% of net assets.

1

SPDR STOXX Europe 50 ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

INDUSTRY BREAKDOWN AS OF June 30, 2010*

	PERCENT OF
INDUSTRY**	NET ASSETS
Commercial Banks		16.9	%
Pharmaceuticals		16.9
Oil, Gas & Consumable Fuels		13.0
Food Products		7.3
Metals & Mining		6.7
Diversified Telecommunication Services		5.0
Capital Markets		4.3
Wireless Telecommunication Services		3.8
Insurance		3.4
Industrial Conglomerates		2.7
Electric Utilities		2.6
Multi-Utilities		2.3
Communications Equipment		2.2
Tobacco		2.2
Chemicals		1.8
Automobiles		1.6
Food & Staples Retailing		1.6
Beverages		1.4
Electrical Equipment		1.4
Software		1.4
Diversified Financial Services		1.0
Short Term Investments		0.5
Other Assets & Liabilities		0.0	***
TOTAL		100.0	%

*	The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time.
**	Each security is valued based on Level 1 inputs except for Iberdrola SA, which was Level 2 and part of the Electric Utilities Industry, representing 0.01% of net assets. (See accompanying Notes to Schedules of Investments)
***	Amount represents less than 0.05% of net assets.

2

SPDR EURO STOXX 50 ETF
SCHEDULE OF INVESTMENTS

June 30, 2010 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS — 99.6%
BELGIUM — 2.1%
Anheuser-Busch InBev NV		58,680	$	2,856,398
FINLAND — 1.8%
Nokia Oyj (a)		295,548		2,429,133
FRANCE — 35.2%
Air Liquide SA		22,207		2,270,225
Alstom SA (b)		16,185		743,041
AXA SA		144,440		2,254,904
BNP Paribas		77,607		4,255,874
Carrefour SA		48,109		1,929,326
Cie de Saint-Gobain (b)		33,115		1,253,181
Credit Agricole SA (b)		83,130		879,267
Danone SA		48,346		2,617,481
France Telecom SA (b)		150,592		2,635,014
GDF Suez		105,146		3,026,644
L’Oreal SA		18,821		1,866,670
LVMH Moet Hennessy Louis Vuitton SA (b)		20,332		2,236,689
Sanofi-Aventis		86,767		5,264,094
Schneider Electric SA		21,020		2,153,513
Societe Generale		58,374		2,452,530
Total SA		175,028		7,924,994
Unibail-Rodamco SE		7,180		1,185,097
Vinci SA		40,544		1,705,405
Vivendi SA		96,613		1,989,909
				48,643,858
GERMANY — 28.3%
Allianz SE		35,678		3,577,008
BASF SE		72,482		4,005,011
Bayer AG		65,205		3,674,003
Daimler AG (a)		70,308		3,610,162
Deutsche Bank AG		48,984		2,802,024
Deutsche Boerse AG		15,346		941,370
Deutsche Telekom AG		235,031		2,793,392
E.ON AG		157,788		4,286,830
Muenchener Rueckversicherungs- Gesellschaft AG		14,123		1,787,879
RWE AG		32,637		2,147,568
SAP AG		72,912		3,275,888
Siemens AG		68,048		6,169,716
				39,070,851
IRELAND — 0.8%
CRH PLC		55,713		1,169,683
ITALY — 10.1%
Assicurazioni Generali SpA (b)		105,490		1,864,568
Enel SpA (b)		501,011		2,141,773
Eni SpA		192,197		3,576,063
Intesa Sanpaolo SpA		795,313		2,128,581
Telecom Italia SpA (a)		816,616		910,249
UniCredit SpA		1,443,599		3,251,839
				13,873,073
LUXEMBOURG — 1.4%
ArcelorMittal		72,918		1,996,688
NETHERLANDS — 6.3%
Aegon NV (a)		121,742		660,610
Fortis VVPR Strip (a)		129,370		158
ING Groep NV (a)		304,769		2,305,573
Koninklijke Philips Electronics NV		77,819		2,356,323
Unilever NV		122,485		3,381,719
				8,704,383
SPAIN — 13.6%
Banco Bilbao Vizcaya Argentaria SA		295,653		3,118,797
Banco Santander SA		642,883		6,882,466
Iberdrola SA		295,238		1,675,103
Repsol YPF SA (b)		62,258		1,270,870
Telefonica SA		313,746		5,862,612
				18,809,848
TOTAL COMMON STOCKS —
(Cost $232,696,031)				137,553,915
RIGHTS — 0.1%
SPAIN — 0.1%
Iberdrola SA (expired 06/28/10) (a)(c) (Cost $74,102)		316,013		68,961
SHORT TERM INVESTMENTS — 1.0%
UNITED STATES — 1.0%
MONEY MARKET FUNDS — 1.0%
State Street Navigator Securities Lending Prime Portfolio (d)(e)		1,383,571		1,383,571
State Street Institutional Liquid Reserves Fund (d)		20,956		20,956
TOTAL SHORT TERM INVESTMENTS —
(Cost $1,404,527)				1,404,527
TOTAL INVESTMENTS — 100.7%
(Cost $234,174,660)				139,027,403
OTHER ASSETS AND LIABILITIES — (0.7)%				(970,232	)
NET ASSETS — 100.0%			$	138,057,171

(a)	Non-income producing security.
(b)	Security, or portion thereof, was on loan at June 30, 2010.
(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. Security value is determined based on Level 2 inputs. (See accompanying Notes to Schedules of Investments)
(d)	Affiliated Fund managed by SSgA Funds Management, Inc. (See accompanying Notes to Schedules of Investments)
(e)	Investments of cash collateral for securities loaned.

3

SPDR EURO STOXX 50 ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

INDUSTRY BREAKDOWN AS OF June 30, 2010*

	PERCENT OF
INDUSTRY**	NET ASSETS
Commercial Banks		16.6	%
Oil, Gas & Consumable Fuels		9.3
Diversified Telecommunication Services		8.8
Insurance		7.4
Pharmaceuticals		6.5
Industrial Conglomerates		6.2
Electric Utilities		5.9
Chemicals		4.5
Food Products		4.3
Multi-Utilities		3.8
Automobiles		2.6
Diversified Financial Services		2.4
Software		2.4
Beverages		2.1
Electrical Equipment		2.1
Capital Markets		2.0
Communications Equipment		1.8
Textiles, Apparel & Luxury Goods		1.6
Food & Staples Retailing		1.4
Media		1.4
Metals & Mining		1.4
Personal Products		1.4
Construction & Engineering		1.2
Building Products		0.9
Real Estate Investment Trusts		0.9
Construction Materials		0.8
Short Term Investments		1.0
Other Assets & Liabilities		(0.7	)
TOTAL		100.0	%

*	The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time.
**	Each security is valued based on Level 1 inputs except for Iberdrola SA which was Level 2 and part of the Electric Utilities Industry, representing 0.1% of net assets. (See accompanying Notes to Schedules of Investments)

4

SPDR S&P Emerging Asia Pacific ETF
SCHEDULE OF INVESTMENTS

June 30, 2010 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS — 99.7%
CHINA — 27.3%
Air China, Ltd. (a)		2,093,414	$	2,091,492
Aluminum Corp. of China, Ltd. (a)		2,108,304		1,629,863
Angang Steel Co., Ltd.		827,244		998,580
Anhui Conch Cement Co., Ltd.		963,500		2,833,405
Baidu, Inc. ADR (a)		174,683		11,892,419
Bank of China, Ltd.		9,083,382		4,630,838
Bank of Communications Co., Ltd.		2,872,723		3,058,227
China CITIC Bank		2,563,285		1,642,551
China Communications Construction Co., Ltd.		1,302,000		1,203,829
China Construction Bank Corp.		11,135,768		9,066,317
China COSCO Holdings Co., Ltd. (a)		1,951,532		2,012,393
China Life Insurance Co., Ltd.		3,146,708		14,001,712
China Mengniu Dairy Co., Ltd.		643,390		2,106,861
China Merchants Bank Co., Ltd.		1,837,880		4,460,673
China Merchants Property Development Co., Ltd.		659,500		1,034,922
China Oilfield Services, Ltd.		3,030,557		3,584,293
China Petroleum & Chemical Corp.		7,755,462		6,324,160
China Railway Construction Corp.		448,000		567,253
China Shenhua Energy Co., Ltd.		1,597,556		5,846,856
China Shipping Container Lines Co., Ltd. (a)		8,453,339		3,039,539
China Shipping Development Co., Ltd.		1,287,215		1,644,734
China Telecom Corp., Ltd.		7,593,930		3,666,704
Ctrip.com International, Ltd. ADR (a)(b)		102,623		3,854,520
Dongfeng Motor Group Co., Ltd.		2,812,763		3,315,868
Focus Media Holding, Ltd. ADR (a)(b)		46,901		728,373
Guangzhou R&F Properties Co., Ltd.		1,187,376		1,523,264
Huaneng Power International, Inc.		2,570,472		1,531,625
Industrial & Commercial Bank of China		14,730,180		10,819,957
Inner Mongolia Yitai Coal Co., Ltd.		415,284		2,005,822
Jiangsu Expressway Co.		2,494,060		2,270,778
Jiangxi Copper Co., Ltd.		1,135,578		2,143,659
Lenovo Group, Ltd.		3,969,703		2,161,451
Maanshan Iron & Steel		1,942,971		858,314
Mindray Medical International, Ltd. ADR (b)		21,702		681,877
NetEase.com ADR (a)		72,093		2,286,069
PetroChina Co., Ltd.		9,281,379		10,452,822
Ping An Insurance Group Co. of China, Ltd.		595,364		4,919,858
Samling Global, Ltd.		4,160,707		341,955
Semiconductor Manufacturing International Corp. (a)		14,552,837		1,177,361
Shanghai Electric Group Co., Ltd. (a)		3,511,179		1,573,620
SINA Corp. (a)(b)		29,005		1,022,716
Sinopec Shanghai Petrochemical Co., Ltd.		2,549,252		975,552
Sohu.com, Inc. (a)		7,482		307,435
Suntech Power Holdings Co., Ltd. ADR (a)(b)		55,305		507,147
Tencent Holdings, Ltd.		414,794		6,951,275
Tingyi Cayman Islands Holding Corp.		1,284,383		3,170,074
Yanzhou Coal Mining Co., Ltd.		1,448,882		2,839,285
Zijin Mining Group Co., Ltd.		2,109,790		1,587,663
				157,345,961
HONG KONG — 8.7%
Agile Property Holdings, Ltd.		2,408,088		2,501,741
China Merchants Holdings International Co., Ltd.		662,960		2,209,257
China Mobile, Ltd.		2,011,136		20,196,199
China Overseas Land & Investment, Ltd.		1,943,084		3,663,018
China Resources Enterprise, Ltd.		804,746		2,991,774
China Unicom (Hong Kong), Ltd.		1,788,172		2,420,312
CNOOC, Ltd.		7,568,470		13,004,261
COSCO Pacific, Ltd.		978,143		1,169,428
Denway Motors, Ltd.		3,814,205		1,807,390
				49,963,380
INDIA — 20.5%
Anant Raj Industries, Ltd.		123,443		312,029
Apollo Hospitals Enterprise, Ltd.		137,861		2,229,018
Axis Bank, Ltd.		50,126		1,337,305
Bharat Heavy Electricals, Ltd.		89,784		4,747,756
Bharti Airtel, Ltd.		828,223		4,679,206
Cipla, Ltd.		364,566		2,669,978
Godrej Industries, Ltd.		39,351		142,128
Gujarat Mineral Development Corp., Ltd.		92,710		256,702
HDFC Bank, Ltd.		117,821		4,903,479
Hero Honda Motors, Ltd.		132,289		5,819,918
Hindustan Construction Co.		38,835		100,129
Hindustan Unilever, Ltd.		662,547		3,823,072
Hindustan Zinc, Ltd.		77,292		1,614,237
Housing Development & Infrastructure, Ltd. (a)		21,602		116,370
Housing Development Finance Corp., Ltd.		112,198		7,137,841
ICICI Bank, Ltd.		253		4,685
ICICI Bank, Ltd. ADR		112,749		4,074,749
Idea Cellular, Ltd. (a)		1,015,241		1,306,075
IFCI, Ltd.		18,518		22,786
India Infoline, Ltd.		231,719		482,696
Indiabulls Financial Services, Ltd.		186,130		571,074
Indiabulls Real Estate, Ltd. (a)		35,621		121,332
Indiabulls Securities, Ltd.		209,376		123,295
Indian Hotels Co., Ltd.		1,191,193		2,705,800
Infosys Technologies, Ltd. ADR (b)		179,302		10,741,983
ITC, Ltd. GDR		225,345		1,479,165
IVRCL Infrastructures & Projects, Ltd.		87,692		353,260
JAI Corp., Ltd.		39,219		209,585
Jaiprakash Associates, Ltd.		44,162		122,326
Jindal Steel & Power, Ltd.		50,278		676,255
KEC International, Ltd.		6,808		69,626
Lanco Infratech, Ltd. (a)		411,479		591,814

5

SPDR S&P Emerging Asia Pacific ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
Larsen & Toubro, Ltd. GDR		136,581	$	5,297,977
Mahindra & Mahindra, Ltd.		223,947		3,042,535
Mercator Lines, Ltd.		474,226		476,319
Oil & Natural Gas Corp., Ltd.		170,468		4,828,673
Patel Engineering, Ltd.		11,319		104,551
Reliance Capital, Ltd. (a)		69,956		1,148,185
Reliance Communications, Ltd.		413,232		1,766,101
Reliance Industries, Ltd. GDR (c)		309,122		14,435,997
Reliance Infrastructure, Ltd.		148,892		3,875,135
Satyam Computer Services, Ltd. ADR (a)(b)		121,702		625,548
Siemens India, Ltd.		153,600		2,440,667
State Bank of India		25,298		1,255,504
Steel Authority of India, Ltd.		469,230		1,952,894
Sterlite Industries India, Ltd.		361,916		1,327,038
Suzlon Energy, Ltd. (a)		279,868		348,893
Tata Consultancy Services, Ltd.		186,400		3,018,039
Tata Motors, Ltd.		175,058		2,932,396
Unitech, Ltd.		274,347		440,361
United Spirits, Ltd.		22,573		635,223
Wipro, Ltd. ADR (b)		238,235		2,858,826
Zee Entertainment Enterprises, Ltd.		256,099		1,696,666
				118,053,202
INDONESIA — 4.5%
Astra International Tbk PT		1,443,720		7,692,408
Bakrieland Development Tbk PT		6,821,500		108,361
Bank Central Asia Tbk PT		8,922,796		5,856,661
Bank Rakyat Indonesia Tbk PT		4,255,648		4,365,971
Bumi Resources Tbk PT		7,387,964		1,532,198
Indosat Tbk PT		1,322,748		722,295
Perusahaan Gas Negara Tbk PT		6,298,640		2,692,469
Telekomunikasi Indonesia Tbk PT		3,296,094		2,799,771
				25,770,134
MALAYSIA — 5.7%
Alliance Financial Group Bhd		2,865,700		2,611,217
Bintulu Port Holdings Bhd		995,406		1,952,379
Bursa Malaysia Bhd		779,507		1,695,052
Carlsberg Brewery Malay Bhd		1,676,803		2,589,657
Ecm Libra Financial Group Bhd		6,229,228		1,308,378
Genting Bhd		1,608,500		3,537,458
IJM Corp. Bhd		1,759,840		2,674,413
IOI Corp. Bhd		2,176,196		3,367,642
Landmarks Bhd		2,003,100		699,152
Lingkaran Trans Kota Holdings Bhd		3,607,200		3,453,999
Malaysian Airline System Bhd (a)		3,225,666		2,062,434
Naim Holdings Bhd (a)		2,170,213		1,977,491
OSK Holdings Bhd		2,829,925		1,118,858
OSK Ventures International Bhd (a)		364,864		52,969
Star Publications Malaysia Bhd		111,400		118,712
Tan Chong Motor Holdings Bhd		863,900		1,147,419
Uchi Technologies Bhd		2,754,700		1,097,626
Wah Seong Corp Bhd		2,121,506		1,415,430
Zelan Bhd (a)		2,176,800		356,356
				33,236,642
PHILIPPINES — 1.6%
Ayala Land, Inc.		9,080,158		2,644,421
First Gen Corp. (a)		8,791,643		1,991,419
First Philippine Holdings Corp.		1,643,463		1,985,415
Philippine Long Distance Telephone Co.		46,644		2,414,963
				9,036,218
TAIWAN — 28.1%
Acer, Inc.		1,385,071		3,241,596
Advanced Semiconductor Engineering, Inc.		2,911,758		2,324,404
Asia Cement Corp.		1,912,260		1,690,185
Asustek Computer, Inc.		260,310		1,940,284
AU Optronics Corp. ADR (b)		356,427		3,165,072
Catcher Technology Co., Ltd.		514,539		1,120,948
Cathay Financial Holding Co., Ltd. (a)		2,261,900		3,382,484
Chang Hwa Commercial Bank		4,476,000		2,054,713
Chimei Innolux Corp.		341,643		355,131
China Development Financial Holding Corp. (a)		6,593,553		1,779,130
China Steel Chemical Corp.		1,781,877		5,212,842
China Steel Corp.		3,918,119		3,633,816
Chinatrust Financial Holding Co., Ltd.		4,455,614		2,461,359
Chunghwa Picture Tubes, Ltd. (a)		6,556,000		430,517
Chunghwa Telecom Co., Ltd.		1,441,086		2,865,892
Compal Electronics, Inc.		2,879,461		3,463,616
Delta Electronics, Inc.		903,893		2,911,564
Epistar Corp.		406,170		1,061,833
Everlight Electronics Co., Ltd.		329,996		850,370
Far Eastern New Century Corp.		2,728,099		2,835,800
First Financial Holding Co., Ltd		3,233,796		1,796,469
Formosa Chemicals & Fibre Corp.		1,512,390		3,487,795
Formosa Plastics Corp.		2,228,940		4,717,113
Foxconn Technology Co., Ltd.		555,853		1,859,677
Fubon Financial Holding Co., Ltd. (a)		2,948,000		3,312,102
High Tech Computer Corp.		346,949		4,643,047
Hon Hai Precision Industry Co., Ltd. (a)		2,584,440		9,169,387
Hua Nan Financial Holdings Co., Ltd.		2,904,044		1,676,548
King Yuan Electronics Co., Ltd.		4,076,898		1,693,870
Largan Precision Co., Ltd.		83,710		1,344,300
Lite-On Technology Corp.		1,239,175		1,369,084
Macronix International Co., Ltd.		2,893,411		1,922,547
MediaTek, Inc.		470,279		6,622,823
Mega Financial Holding Co., Ltd.		3,721,000		2,003,433
Motech Industries, Inc.		184,510		565,620
Nan Ya Plastics Corp.		2,269,960		3,652,395
Novatek Microelectronics Corp., Ltd.		321,062		870,314
Pegatron Corp. (a)		700,630		655,243
Polaris Securities Co., Ltd. (a)		9,169,150		4,037,890
Powerchip Semiconductor Corp. (a)		4,600,638		627,135
Powertech Technology, Inc.		696,744		1,953,741
ProMOS Technologies, Inc. (a)		3,229,000		185,913
Quanta Computer, Inc.		1,958,194		3,565,173
Realtek Semiconductor Corp.		638,463		1,412,779
Shin Kong Financial Holding Co., Ltd. (a)		4,232,926		1,462,287

6

SPDR S&P Emerging Asia Pacific ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
Siliconware Precision Industries Co.		1,534,745	$	1,674,146
SinoPac Financial Holdings Co., Ltd. (a)		4,764,000		1,519,724
Tainan Enterprises Co. Ltd.		3,858,567		4,076,945
Taishin Financial Holdings Co., Ltd. (a)		4,089,677		1,590,992
Taiwan Cement Corp.		2,261,322		1,921,295
Taiwan Fu Hsing Industrial Co., Ltd.		3,061,000		1,786,214
Taiwan Semiconductor Manufacturing Co., Ltd. ADR		1,723,875		16,825,020
Tatung Co., Ltd. (a)		3,428,000		608,114
Tripod Technology Corp.		736,839		2,751,838
Uni-President Enterprises Corp.		2,401,403		2,660,627
United Integrated Services Co., Ltd.		2,268,000		2,159,899
United Microelectronics Corp. ADR (a)(b)		1,214,051		3,532,888
Via Technologies, Inc. (a)		667,981		525,961
Walsin Lihwa Corp. (a)		8,038,000		2,989,406
Wistron Corp.		1,231,955		1,825,033
Yageo Corp.		6,504,000		2,651,678
Yuanta Financial Holding Co., Ltd.		2,590,000		1,398,519
				161,886,540
THAILAND — 3.3%
Advanced Info Service PCL		915,223		2,451,238
Bangkok Expressway PCL		3,474,565		1,866,546
Electricity Generating PCL (Foreign ownership limit)		882,496		2,227,356
IRPC PCL		5,903,539		754,574
Kasikornbank PCL		1,286,498		3,604,498
PTT Exploration & Production PCL		770,405		3,413,187
PTT PCL		490,836		3,727,868
Thai Oil PCL		922,391		1,260,136
				19,305,403
TOTAL COMMON STOCKS —
(Cost $530,622,952)				574,597,480
PREFERRED STOCK — 0.0% (d)
MALAYSIA — 0.0% (d)
Malaysian Airline System Bhd (Cost $956)		4,592		1,127
RIGHTS — 0.0% (d)
CHINA — 0.0% (d)
Bank of Communications Co., Ltd.(expiring 07/09/10) (a)		430,908		172,648
INDIA — 0.0% (d)
Suzlon Energy, Ltd. (expiring 07/02/10) (a)		37,315		0
TOTAL RIGHTS —
(Cost $0)				172,648
WARRANTS — 0.0% (d)
MALAYSIA — 0.0% (d)
IJM Land Bhd (expiring 9/11/13) (a) (Cost $0)		27,580		7,667
SHORT TERM INVESTMENTS — 1.1%
UNITED STATES — 1.1%
MONEY MARKET FUNDS — 1.1%
State Street Navigator Securities Lending Prime Portfolio (e)(f)		6,141,799		6,141,799
State Street Institutional Liquid Reserves Fund (e)		439,120		439,120
TOTAL SHORT TERM INVESTMENTS —
(Cost $6,580,919)				6,580,919
TOTAL INVESTMENTS — 100.8%
(Cost $537,204,827)				581,359,841
OTHER ASSETS AND LIABILITIES — (0.8)%				(4,801,705	)
NET ASSETS — 100.0%			$	576,558,136

(a)	Non-income producing security.
(b)	Security, or portion thereof, was on loan at June 30, 2010.
(c)	Security purchased pursuant to Rule 144A of the Securities Act of 1933. This security, which represents 2.4% of net assets as of June 30, 2010, is considered liquid and may be resold in transactions exempt from registration, normally to qualified institutional buyers.
(d)	Amount shown represents less than 0.05% of net assets.
(e)	Affiliated Fund managed by SSgA Funds Management, Inc. (See accompanying Notes to Schedules of Investments)
(f)	Investments of cash collateral for securities loaned.

ADR = American Depositary Receipt

GDR = Global Depositary Receipt

7

SPDR S&P Emerging Asia Pacific ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

INDUSTRY BREAKDOWN AS OF June 30, 2010*

	PERCENT OF
INDUSTRY**	NET ASSETS
Commercial Banks		13.3	%
Oil, Gas & Consumable Fuels		12.2
Semiconductors & Semiconductor Equipment		7.5
Wireless Telecommunication Services		5.8
Electronic Equipment, Instruments & Components		4.3
Insurance		4.1
Automobiles		4.0
Internet Software & Services		3.9
Computers & Peripherals		3.7
Chemicals		3.2
IT Services		3.0
Metals & Mining		2.9
Real Estate Management & Development		2.5
Construction & Engineering		2.3
Transportation Infrastructure		2.2
Diversified Telecommunication Services		2.0
Food Products		2.0
Hotels, Restaurants & Leisure		1.9
Electrical Equipment		1.7
Capital Markets		1.5
Diversified Financial Services		1.2
Marine		1.2
Thrifts & Mortgage Finance		1.2
Construction Materials		1.1
Electric Utilities		1.0
Independent Power Producers & Energy Traders		1.0
Energy Equipment & Services		0.9
Industrial Conglomerates		0.9
Communications Equipment		0.8
Airlines		0.7
Household Products		0.7
Textiles, Apparel & Luxury Goods		0.7
Beverages		0.6
Food & Staples Retailing		0.5
Gas Utilities		0.5
Machinery		0.5
Pharmaceuticals		0.5
Health Care Providers & Services		0.4
Media		0.4
Building Products		0.3
Tobacco		0.3
Health Care Equipment & Supplies		0.1
Household Durables		0.1
Paper & Forest Products		0.1
Short Term Investments		1.1
Other Assets & Liabilities		(0.8	)
TOTAL		100.0	%

*	The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time.
**	Each security is valued based on Level 1 inputs. (See accompanying Notes to Schedules of Investments)

8

SPDR S&P Russia ETF
SCHEDULE OF INVESTMENTS

June 30, 2010 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS — 98.9%
RUSSIA — 98.9%
CHEMICALS — 1.6%
Uralkali GDR (a)		3,529	$	63,593
COMMERCIAL BANKS — 11.0%
Sberbank GDR		1,309		330,299
VTB Bank GDR		20,809		101,340
				431,639
DIVERSIFIED TELECOMMUNICATION SERVICES — 4.6%
Comstar United Telesystems GDR		7,570		46,177
Rostelecom ADR		1,720		37,152
Vimpel-Communications ADR (a)		5,962		96,465
				179,794
ELECTRIC UTILITIES — 3.7%
RusHydro ADR (a)		30,054		146,964
ENERGY EQUIPMENT & SERVICES — 0.9%
Integra Group Holdings GDR (a)		5,267		11,851
OAO TMK GDR (a)		1,525		22,875
				34,726
FOOD & STAPLES RETAILING — 5.4%
OJSC Magnit GDR		8,209		141,934
X5 Retail Group N.V. GDR (a)		2,016		68,342
				210,276
FOOD PRODUCTS — 1.8%
Wimm-Bill-Dann Foods OJSC ADR		3,954		70,381
HOUSEHOLD DURABLES — 0.4%
PIK Group GDR (a)		4,719		16,045
MEDIA — 0.7%
CTC Media, Inc.		1,849		26,700
METALS & MINING — 14.9%
Evraz Group SA GDR (a)		2,517		59,477
JSC MMC Norilsk Nickel ADR		15,476		224,712
Magnitogorsk Iron & Steel Works GDR		3,185		29,589
Mechel OAO ADR		2,888		52,388
Novolipetsk Steel GDR		1,438		37,388
Polymetal GDR (a)		4,719		59,223
Polyus Gold Co. ADR		2,984		82,209
Severstal GDR (a)		4,203		41,189
				586,175
OIL, GAS & CONSUMABLE FUELS — 42.8%
Gazprom Neft ADR		3,769		71,234
LUKOIL ADR		7,052		365,999
OAO Gazprom ADR		33,034		630,619
OAO NOVATEK GDR		1,679		121,392
Rosneft Oil Co. GDR		25,599		158,202
Surgutneftegaz ADR		12,534		110,675
Surgutneftegaz ADR Preference Shares		10,908		46,359
Tatneft ADR		6,258		176,475
				1,680,955
PHARMACEUTICALS — 1.3%
Pharmstandard GDR (a)		2,295		50,490
WIRELESS TELECOMMUNICATION SERVICES — 9.8%
JSFC Sistema GDR (a)		3,523		83,565
OJSC Mobile TeleSystems ADR		15,750		301,770
				385,335
TOTAL COMMON STOCKS —
(Cost $4,458,917)				3,883,073
SHORT TERM INVESTMENT — 0.4%
UNITED STATES — 0.4%
MONEY MARKET FUND — 0.4%
State Street Institutional Liquid Reserves Fund (b) (Cost $14,759)		14,759		14,759
TOTAL INVESTMENTS — 99.3% (c)
(Cost $4,473,676)				3,897,832
OTHER ASSETS AND LIABILITIES — 0.7%				27,504
NET ASSETS — 100.0%			$	3,925,336

(a)	Non-income producing security.
(b)	Affiliated Fund managed by SSgA Funds Management, Inc. (See accompanying Notes to Schedules of Investments)
(c)	Unless otherwise indicated, the values of the securities of the Fund are determined based on Level 1 inputs. (See accompanying Notes to Schedules of Investments)

ADR = American Depositary Receipt

GDR = Global Depositary Receipt

9

SPDR S&P China ETF
SCHEDULE OF INVESTMENTS

June 30, 2010 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS — 98.9%
CHINA — 98.9%
AIRLINES — 0.7%
Air China, Ltd. (a)		2,744,000	$	2,741,481
China Eastern Airlines Corp. Ltd. (a)		1,946,000		852,155
				3,593,636
AUTOMOBILES — 2.2%
AviChina Industry & Technology Co. (a)		992,000		314,652
Brilliance China Automotive Holdings, Ltd. (a)		3,576,000		1,171,006
Byd Co., Ltd.		419,500		3,140,668
Denway Motors, Ltd.		6,694,000		3,172,002
Dongfeng Motor Group Co., Ltd.		3,358,300		3,958,983
				11,757,311
BEVERAGES — 0.4%
Tsingtao Brewery Co., Ltd.		456,000		2,152,007
CHEMICALS — 0.6%
China Bluechemical, Ltd.		2,488,000		1,393,023
Fufeng Group Ltd.		558,000		366,165
Sinopec Shanghai Petrochemical Co., Ltd.		3,234,000		1,237,593
				2,996,781
COMMERCIAL BANKS — 17.9%
Bank of China, Ltd.		42,066,000		21,445,846
Bank of Communications Co., Ltd.		5,685,000		6,052,105
China CITIC Bank		4,125,393		2,643,549
China Construction Bank Corp.		29,349,900		23,895,567
China Merchants Bank Co., Ltd.		3,941,760		9,566,949
China Minsheng Banking Corp. Ltd.		2,607,000		2,286,563
Industrial & Commercial Bank of China		39,241,000		28,824,219
				94,714,798
COMMERCIAL SERVICES & SUPPLIES — 0.0% (b)
Bio-Treat Technology, Ltd. (a)		15		1
COMMUNICATIONS EQUIPMENT — 0.6%
AAC Acoustic Technology Holdings, Inc.		940,000		1,351,971
ZTE Corp.		630,666		1,939,663
				3,291,634
COMPUTERS & PERIPHERALS — 0.5%
Lenovo Group, Ltd.		4,484,000		2,441,479
CONSTRUCTION & ENGINEERING — 2.2%
China Communications Construction Co., Ltd.		4,287,394		3,964,125
China Railway Construction Corp.		2,413,000		3,055,313
China Railway Group, Ltd. (a)		4,593,000		2,972,682
Metallurgical Corp. of China, Ltd. (a)		4,125,000		1,785,152
				11,777,272
CONSTRUCTION MATERIALS — 0.8%
Anhui Conch Cement Co., Ltd.		914,000		2,687,838
China National Building Material Co., Ltd.		1,096,000		1,764,939
				4,452,777
DIVERSIFIED CONSUMER SERVICES — 0.7%
New Oriental Education & Technology Group, Inc. ADR (a)(c)		42,232		3,935,600
DIVERSIFIED TELECOMMUNICATION SERVICES — 2.6%
China Telecom Corp., Ltd.		15,012,000		7,248,495
China Unicom (Hong Kong), Ltd.		4,892,492		6,622,046
				13,870,541
ELECTRICAL EQUIPMENT — 0.8%
China BAK Battery, Inc. (a)(c)		10		17
China High Speed Transmission Equipment Group Co., Ltd.		836,000		1,777,821
Shanghai Electric Group Co., Ltd. (a)		4,372,000		1,959,418
Zhuzhou CSR Times Electric Co., Ltd.		296,000		632,509
				4,369,765
ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS — 0.7%
Ju Teng International Holdings Ltd.		608,000		376,333
Kingboard Chemical Holdings, Ltd. (a)		724,000		3,142,510
				3,518,843
ENERGY EQUIPMENT & SERVICES — 0.5%
China Oilfield Services, Ltd.		2,321,900		2,746,152
FOOD & STAPLES RETAILING — 1.0%
China Resources Enterprise, Ltd.		1,376,000		5,115,504
FOOD PRODUCTS — 4.3%
Chaoda Modern Agriculture Holdings, Ltd.		2,130,254		2,106,413
China Agri-Industries Holdings Ltd.		732,000		853,529
China Mengniu Dairy Co., Ltd.		1,375,000		4,502,610
China Milk Products Group, Ltd. (a)(d)		15,000		0
China Yurun Food Group, Ltd.		926,000		2,931,227
Tingyi Cayman Islands Holding Corp.		2,140,000		5,281,881
Want Want China Holdings, Ltd.		8,072,000		6,841,425
				22,517,085
GAS UTILITIES — 0.3%
China Resources Gas Group, Ltd.		1,212,000		1,718,277
HEALTH CARE EQUIPMENT & SUPPLIES — 0.7%
Mindray Medical International, Ltd. ADR (c)		81,932		2,574,303
Shandong Weigao Group Medical Polymer Co. Ltd.		308,000		1,352,690
				3,926,993
HOTELS, RESTAURANTS & LEISURE — 1.5%
China Travel International Investment Hong Kong, Ltd. (a)		3,236,000		693,979
Ctrip.com International, Ltd. ADR (a)(c)		141,102		5,299,791

10

SPDR S&P China ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
Home Inns & Hotels Management, Inc. ADR (a)		20,700	$	808,128
Shanghai Jin Jiang International Hotels Group Co., Ltd.		4,330,000		984,199
				7,786,097
INDEPENDENT POWER PRODUCERS & ENERGY TRADERS — 1.7%
China Longyuan Power Group Corp. (a)		1,171,000		1,087,218
China Resources Power Holdings Co., Ltd.		1,524,000		3,475,757
Datang International Power Generation Co., Ltd.		4,328,000		1,767,404
Huaneng Power International, Inc.		4,330,000		2,580,045
				8,910,424
INDUSTRIAL CONGLOMERATES — 1.8%
Beijing Enterprises Holdings, Ltd.		572,000		3,749,844
Citic Pacific, Ltd.		1,550,000		2,902,089
Shanghai Industrial Holdings, Ltd.		686,000		2,744,123
				9,396,056
INSURANCE — 8.2%
China Life Insurance Co., Ltd.		6,515,000		28,989,393
China Taiping Insurance Holdings Co., Ltd. (a)		721,200		2,366,291
PICC Property & Casualty Co., Ltd. (a)		2,155,600		2,076,112
Ping An Insurance Group Co. of China, Ltd.		1,186,300		9,803,125
				43,234,921
INTERNET SOFTWARE & SERVICES — 7.2%
Alibaba.com, Ltd.		1,179,500		2,359,863
Baidu, Inc. ADR (a)		226,280		15,405,142
NetEase.com ADR (a)(c)		161,607		5,124,558
SINA Corp. (a)(c)		51,579		1,818,676
Sohu.com, Inc. (a)		34,692		1,425,494
Tencent Holdings, Ltd.		720,000		12,066,032
				38,199,765
IT SERVICES — 0.2%
Travelsky Technology, Ltd.		1,150,000		951,054
MACHINERY — 0.8%
China Infrastructure Machinery Holdings, Ltd.		841,000		563,752
Weichai Power Co., Ltd.		311,300		2,030,787
Yangzijiang Shipbuilding Holdings, Ltd. (c)		1,926,000		1,862,402
				4,456,941
MARINE — 1.3%
China COSCO Holdings Co., Ltd. (a)		2,879,175		2,968,965
China Shipping Container Lines Co., Ltd. (a)		5,280,500		1,898,692
China Shipping Development Co., Ltd.		1,711,800		2,187,246
				7,054,903
MEDIA — 0.3%
Focus Media Holding, Ltd. ADR (a)(c)		105,149		1,632,964
METALS & MINING — 2.7%
Aluminum Corp. of China, Ltd. (a)		4,178,000		3,229,880
Angang Steel Co., Ltd.		1,513,720		1,827,237
China Molybdenum Co. Ltd.		1,178,000		667,122
Hidili Industry International Development Ltd. (a)		529,000		395,367
Jiangxi Copper Co., Ltd.		1,601,000		3,022,248
Maanshan Iron & Steel		2,452,000		1,083,179
Zhaojin Mining Industry Co. Ltd.		393,500		927,767
Zijin Mining Group Co., Ltd.		4,422,500		3,328,028
				14,480,828
MULTILINE RETAIL — 0.7%
Golden Eagle Retail Group, Ltd.		856,000		1,802,765
Parkson Retail Group, Ltd.		1,231,000		2,096,153
				3,898,918
OIL, GAS & CONSUMABLE FUELS — 15.5%
China Coal Energy Co.		3,892,013		4,943,016
China Petroleum & Chemical Corp.		16,542,500		13,489,515
China Shenhua Energy Co., Ltd.		2,841,700		10,400,269
CNOOC, Ltd.		14,330,600		24,623,056
Kunlun Energy Co., Ltd.		2,435,400		3,108,695
PetroChina Co., Ltd.		19,463,200		21,919,735
Yanzhou Coal Mining Co., Ltd.		1,985,900		3,891,646
				82,375,932
PAPER & FOREST PRODUCTS — 0.6%
Lee & Man Paper Manufacturing, Ltd.		1,964,000		1,467,864
Nine Dragons Paper Holdings, Ltd.		1,375,000		1,889,331
				3,357,195
PHARMACEUTICALS — 0.2%
WuXi PharmaTech Cayman, Inc. ADR (a)		53,900		860,244
REAL ESTATE MANAGEMENT & DEVELOPMENT — 4.7%
Agile Property Holdings, Ltd.		1,776,000		1,845,071
China Overseas Land & Investment, Ltd.		3,671,680		6,921,693
China Resources Land, Ltd.		1,524,000		2,896,464
Country Garden Holdings Co.		6,534,000		1,753,666
E-House China Holdings, Ltd. (c)		33,500		496,135
Guangzhou R&F Properties Co., Ltd.		1,286,000		1,649,787
Renhe Commercial Holdings Co., Ltd.		10,430,000		2,183,199
Shimao Property Holdings, Ltd.		1,479,000		2,328,521
Sino-Ocean Land Holdings, Ltd.		3,347,000		2,437,027
Yanlord Land Group, Ltd. (c)		1,246,000		1,544,001
Yuexiu Property Co., Ltd. (a)		4,986,000		1,094,888
				25,150,452
ROAD & RAIL — 0.2%
Guangshen Railway Co., Ltd.		2,300,000		803,375

11

SPDR S&P China ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT — 0.6%
Actions Semiconductor Co., Ltd. ADR (a)(c)		128,128	$	276,756
Semiconductor Manufacturing International Corp. (a)		18,054,000		1,460,614
Suntech Power Holdings Co., Ltd. ADR (a)(c)		136,712		1,253,649
				2,991,019
SOFTWARE — 0.3%
AsiaInfo Holdings, Inc. (a)(c)		20,400		445,944
Shanda Interactive Entertainment, Ltd. ADR (a)(c)		33,667		1,335,570
				1,781,514
SPECIALTY RETAIL — 0.3%
Hengdeli Holdings, Ltd.		3,591,360		1,563,436
TEXTILES, APPAREL & LUXURY GOODS — 1.3%
China Dongxiang Group Co.		3,814,000		2,571,352
Li Ning Co., Ltd.		915,000		3,031,533
Ports Design, Ltd.		430,000		1,104,383
				6,707,268
TRANSPORTATION INFRASTRUCTURE — 2.6%
Anhui Expressway Co., Ltd.		1,538,000		853,221
Beijing Capital International Airport Co., Ltd.		2,298,000		1,363,369
China Merchants Holdings International Co., Ltd.		1,374,406		4,580,089
COSCO Pacific, Ltd.		1,402,083		1,676,273
GZI Transportation, Ltd.		217		107
Jiangsu Expressway Co.		2,180,000		1,984,834
Shenzhen Expressway Co., Ltd.		2,180,000		965,822
Zhejiang Expressway Co., Ltd.		2,492,000		2,310,504
				13,734,219
WATER UTILITIES — 0.3%
Guangdong Investment, Ltd.		3,486,000		1,651,867
WIRELESS TELECOMMUNICATION SERVICES — 8.4%
China Mobile, Ltd.		4,407,900		44,264,947
TOTAL COMMON STOCKS —
(Cost $485,996,183)				524,140,795
RIGHTS — 0.1%
CHINA — 0.1%
Bank of Communications Co., Ltd.(expiring 07/09/10) (a) (Cost $0)		852,750		341,663
WARRANTS — 0.0% (b)
CHINA — 0.0% (b)
Kingboard Chemical Holdings Ltd.(expiring 10/31/12) (a) (Cost $0)		74,400		29,331
SHORT TERM INVESTMENTS — 1.8%
UNITED STATES — 1.8%
MONEY MARKET FUNDS — 1.8%
State Street Navigator Securities Lending Prime Portfolio (e)(f)		9,331,940		9,331,940
State Street Institutional Liquid Reserves Fund (e)		269,116		269,116
TOTAL SHORT TERM INVESTMENTS —
(Cost $9,601,056)				9,601,056
TOTAL INVESTMENTS — 100.8%
(Cost $495,597,239)				534,112,845
OTHER ASSETS AND LIABILITIES — (0.8)%				(4,039,850	)
NET ASSETS — 100.0%			$	530,072,995

(a)	Non-income producing security.
(b)	Amount represents less than 0.05% of net assets.
(c)	Security, or portion thereof, was on loan at June 30, 2010.
(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. Security value is determined based on Level 3 inputs. (See accompanying Notes to Schedules of Investments)
(e)	Affiliated Fund managed by SSgA Funds Management, Inc. (See accompanying Notes to Schedules of Investments)
(f)	Investments of cash collateral for securities loaned.

ADR = American Depositary Receipt

12

SPDR S&P Emerging Markets ETF
SCHEDULE OF INVESTMENTS

June 30, 2010 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS — 94.7%
BRAZIL — 15.4%
Banco Bradesco SA ADR (a)		86,352	$	1,369,543
Banco do Brasil SA		18,007		246,254
Bradespar SA Preference Shares		15,923		289,662
Brasil Telecom SA ADR (a)(b)		3,879		33,553
Brasil Telecom SA Preference Shares ADR (a)		6,841		137,367
Braskem SA Preference Shares ADR (a)(b)		6,577		93,065
BRF — Brasil Foods SA ADR (a)		17,976		238,362
Centrais Eletricas Brasileiras SA ADR (a)		21,063		281,619
Companhia Brasileira de Distribuicao Grupo Pao de Acucar ADR (a)		4,163		289,412
Companhia de Bebidas das Americas Preference Shares ADR (a)		10,892		1,100,201
Companhia de Saneamento Basico do Estado de Sao Paulo		8,358		173,883
Companhia Energetica de Minas Gerais ADR (a)		25,481		373,806
Companhia Siderurgica Nacional SA ADR		53,874		791,409
Cosan SA Industria e Comercio (b)		6,299		78,908
Cyrela Brazil Realty SA		17,749		192,113
Cyrela Commercial Properties SA Empreendimentos e Participacoes		1,663		9,152
Duratex SA		12,115		110,228
Empresa Brasileira de Aeronautica SA		27,102		139,532
Fibria Celulose SA ADR (a)(b)		11,401		168,735
Gerdau SA ADR (a)		40,119		528,768
Investimentos Itau SA (c)(d)		191		1,208
Investimentos Itau SA (c)		29,068		183,842
Investimentos Itau SA (c)		1,064		6,452
Investimentos Itau SA Preference Shares		155,189		922,094
Itau Unibanco Holding SA Preference Shares ADR (a)		126,402		2,276,500
Lojas Americanas SA Preference Shares		15,600		113,203
Lojas Renner SA		11,481		312,105
Metalurgica Gerdau SA Preference Shares		19,778		320,508
MMX Mineracao e Metalicos SA (b)		8,122		47,403
Natura Cosmeticos SA		9,697		215,190
Petroleo Brasileiro SA ADR		78,483		2,338,793
Petroleo Brasileiro SA Preference Shares ADR (a)		58,564		2,009,916
Souza Cruz SA		6,402		241,518
Tam SA ADR (a)		5,009		69,876
Tim Participacoes SA ADR (a)		4,962		134,669
Tractebel Energia SA ADR (a)		8,453		102,366
Usinas Siderurgicas de Minas Gerais SA ADR (a)		15,761		422,333
Vale SA ADR (a)		101,507		2,133,677
Vale SA Preference Shares ADR (a)		78,804		1,918,877
Vivo Participacoes SA ADR		4,382		113,581
Vivo Participacoes SA Preference Shares		10,357		266,610
Weg SA		15,738		145,811
				20,942,104
CHILE — 2.2%
Antarchile SA		11,280		209,975
Cementos Bio-Bio SA		52,954		121,757
Companhia General de Electricidad		25,392		151,995
Cuprum AFP		3,736		147,272
Empresa Nacional de Electricidad SA ADR		6,204		286,501
Empresas COPEC SA		25,968		407,422
Enersis SA ADR		15,155		301,736
Farmacias Ahumada SA		44,379		125,536
Lan Airlines SA ADR (a)		9,986		184,841
Parque Arauco SA		145,229		201,166
SACI Falabella		78,715		510,689
Vina Concha y Toro SA ADR (a)		4,066		169,552
Vina San Pedro SA		18,171,740		149,201
				2,967,643
CHINA — 13.5%
AAC Acoustic Technology Holdings, Inc.		92,000		132,321
Air China, Ltd. (b)		138,000		137,873
Aluminum Corp. of China, Ltd. (b)		230,000		177,806
Angang Steel Co., Ltd.		48,640		58,714
Anhui Conch Cement Co., Ltd.		92,000		270,548
Baidu, Inc. ADR (b)		15,250		1,038,220
Bank of China, Ltd.		1,140,000		581,188
Bank of Communications Co., Ltd.		301,000		320,437
Beijing Capital International Airport Co.,  Ltd.		138,000		81,873
China CITIC Bank		259,000		165,967
China Coal Energy Co.		230,000		292,109
China Communications Construction Co., Ltd.		212,000		196,015
China Construction Bank Corp.		1,543,000		1,256,252
China COSCO Holdings Co., Ltd. (b)		163,925		169,037
China Life Insurance Co., Ltd.		395,000		1,757,607
China Mengniu Dairy Co., Ltd.		69,000		225,949
China Merchants Bank Co., Ltd.		204,145		495,475
China Oilfield Services, Ltd.		184,000		217,620
China Petroleum & Chemical Corp.		896,000		730,640
China Railway Construction Corp.		115,000		145,612
China Railway Group, Ltd. (b)		207,000		133,975
China Shenhua Energy Co., Ltd.		184,000		673,417
China Shipping Container Lines Co., Ltd. (b)		372,350		133,885
China Shipping Development Co., Ltd.		92,000		117,553
China Telecom Corp., Ltd.		830,000		400,763
Ctrip.com International, Ltd. ADR (a)(b)		9,362		351,637
Datang International Power Generation Co., Ltd.		276,000		112,709
Dongfang Electric Corp., Ltd.		9,200		28,591

13

SPDR S&P Emerging Markets ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
Dongfeng Motor Group Co., Ltd.		230,000	$	271,139
Focus Media Holding, Ltd. ADR (a)(b)		5,218		81,036
Guangshen Railway Co., Ltd.		184,000		64,270
Guangzhou R&F Properties Co., Ltd.		82,800		106,223
Harbin Power Equipment Co., Ltd.		46,000		33,139
Huadian Power International Co.		276,000		67,342
Huaneng Power International, Inc.		230,000		137,046
Industrial & Commercial Bank of China		2,083,000		1,530,054
Jiangsu Expressway Co.		140,000		127,466
Jiangxi Copper Co., Ltd.		48,000		90,611
Kunlun Energy Co., Ltd.		230,000		293,586
Lenovo Group, Ltd.		322,000		175,325
Li Ning Co., Ltd.		46,000		152,405
Maanshan Iron & Steel		138,000		60,962
NetEase.com ADR (b)		5,521		175,071
Nine Dragons Paper Holdings, Ltd.		69,000		94,810
Parkson Retail Group, Ltd.		57,134		97,288
PetroChina Co., Ltd.		1,012,000		1,139,729
PICC Property & Casualty Co., Ltd. (b)		184,000		177,215
Pine Agritech, Ltd. (b)		187,000		21,431
Ping An Insurance Group Co. of China, Ltd.		69,000		570,189
Semiconductor Manufacturing International Corp. (b)		782,000		63,266
Shanghai Electric Group Co., Ltd. (b)		230,000		103,080
Shenzhen Expressway Co., Ltd.		184,000		81,519
SINA Corp. (a)(b)		2,654		93,580
Sinopec Shanghai Petrochemical Co., Ltd.		184,000		70,413
Sinotrans, Ltd.		230,000		52,869
Suntech Power Holdings Co., Ltd. ADR (a)(b)		4,494		41,210
Tencent Holdings, Ltd.		46,000		770,885
Tingyi Cayman Islands Holding Corp.		138,000		340,607
Travelsky Technology, Ltd.		115,000		95,105
Weiqiao Textile Co.		58,000		35,677
Yanzhou Coal Mining Co., Ltd.		138,000		270,430
Zhejiang Expressway Co., Ltd.		184,000		170,599
Zijin Mining Group Co., Ltd.		186,000		139,969
ZTE Corp.		50,328		154,788
				18,354,127
CZECH REPUBLIC — 0.6%
CEZ AS (a)		9,654		396,306
Komercni Banka AS		1,051		170,413
Telefonica O2 Czech Republic AS		6,784		132,321
Unipetrol (b)		6,876		63,025
				762,065
EGYPT — 0.7%
Commercial International Bank Egypt SAE		26,623		314,325
Egyptian Co. for Mobile Services		4,243		123,692
Egyptian Financial Group-Hermes Holding		16,618		85,803
Egyptian Kuwait Holding Co.		23,680		35,994
Orascom Construction Industries		6,694		267,925
Orascom Telecom Holding SAE		38,859		33,701
Orascom Telecom Holding SAE GDR (c)		24,810		109,164
Orascom Telecom Holding SAE GDR (c)(e)		980		4,312
Orascom Telecom Holding SAE GDR (c)		200		880
				975,796
HONG KONG — 5.0%
Agile Property Holdings, Ltd.		138,000		143,367
Chaoda Modern Agriculture Holdings, Ltd.		136,550		135,022
China Merchants Holdings International Co., Ltd.		47,380		157,890
China Mobile, Ltd.		257,500		2,585,863
China Overseas Land & Investment, Ltd.		187,200		352,901
China Power International Development, Ltd. (b)		230,000		50,506
China Resources Enterprise, Ltd.		46,000		171,012
China Resources Land, Ltd.		92,000		174,852
China Resources Power Holdings Co., Ltd.		97,600		222,594
China Travel International Investment Hong Kong, Ltd. (b)		230,000		49,325
China Unicom (Hong Kong), Ltd.		189,668		256,718
Citic Pacific, Ltd.		46,000		86,126
CNOOC, Ltd.		880,000		1,512,029
COSCO Pacific, Ltd.		92,691		110,818
Denway Motors, Ltd.		322,000		152,582
Guangdong Investment, Ltd.		186,000		88,137
GZI Transportation, Ltd.		25,258		12,488
Hengdeli Holdings, Ltd.		552,000		240,304
Kingboard Chemical Holdings, Ltd. (b)		34,500		149,747
Shimao Property Holdings, Ltd.		69,000		108,633
Yuexiu Property Co., Ltd. (b)		322,000		70,709
				6,831,623
HUNGARY — 0.7%
FHB Mortgage Bank NyRt (b)		15,715		71,237
MOL Hungarian Oil and Gas NyRt (a)(b)		3,855		321,342
OTP Bank NyRt (a)(b)		13,960		285,818
Richter Gedeon NyRt		1,147		204,528
Tiszai Vegyi Kominat NyRt (b)		1,622		20,246
				903,171
INDIA — 9.3%
Ambuja Cements, Ltd.		13,957		34,528
Ambuja Cements, Ltd. GDR		17,217		42,474
Anant Raj Industries, Ltd.		34,969		88,392
Bajaj Holdings & Investment, Ltd. (b)(d)		1,954		30,189

14

SPDR S&P Emerging Markets ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
BF Investment, Ltd. (d)		7,339	$	20,386
BF Utilities, Ltd. (b)		8,033		122,800
Bharat Heavy Electricals, Ltd.		8,118		429,278
Bharti Airtel, Ltd.		105,923		598,432
Cipla, Ltd.		27,707		202,918
Dr. Reddy’s Laboratories, Ltd. ADR (a)		8,590		265,001
Gail India, Ltd.		30,486		306,534
Godrej Industries, Ltd.		14,891		53,783
Grasim Industries, Ltd.		400		15,740
Grasim Industries, Ltd. GDR		731		28,776
HCL Technologies, Ltd.		7,793		60,950
HDFC Bank, Ltd.		11,225		467,163
Hero Honda Motors, Ltd.		8,867		390,095
Hindustan Unilever, Ltd.		70,396		406,204
Housing Development Finance Corp., Ltd.		12,049		766,536
ICICI Bank, Ltd. ADR (a)		13,335		481,927
India Infoline, Ltd.		109,097		227,261
Indian Hotels Co., Ltd.		38,108		86,562
Infosys Technologies, Ltd. ADR (a)		23,215		1,390,811
ITC, Ltd.		2,170		14,278
ITC, Ltd. GDR (c)(e)		22,171		145,810
ITC, Ltd. GDR (c)		2,611		17,139
ITC, Ltd. GDR (c)		200		1,315
JAI Corp., Ltd.		34,806		186,002
Larsen & Toubro, Ltd. GDR		9,504		368,660
Mahindra & Mahindra, Ltd. GDR		16,288		227,543
Maruti Suzuki India, Ltd.		6,690		205,144
Mercator Lines, Ltd.		92,365		92,773
Monnet Ispat, Ltd.		3,512		30,473
Oil & Natural Gas Corp., Ltd.		19,836		561,874
Reliance Capital, Ltd. (b)		3,510		57,610
Reliance Communications, Ltd.		43,164		184,477
Reliance Industries, Ltd. GDR (e)		36,806		1,718,840
Reliance Infrastructure, Ltd.		10,314		268,437
Reliance MediaWorks, Ltd. (b)		31,962		161,169
Siemens India, Ltd.		9,400		149,364
State Bank of India GDR		2,159		215,684
Suzlon Energy, Ltd. (b)		191,985		239,335
Tata Consultancy Services, Ltd.		19,122		309,608
Tata Motors, Ltd. ADR (a)		11,129		191,308
Tata Power Co., Ltd.		8,519		238,448
Tata Steel, Ltd.		14,948		156,561
Unitech, Ltd.		65,423		105,012
United Breweries Holdings, Ltd. (b)		8,560		37,229
Wipro, Ltd. ADR (a)		23,305		279,661
				12,680,494
INDONESIA — 2.6%
Astra International Tbk PT		139,000		740,618
Bank Central Asia Tbk PT		820,500		538,552
Bank Danamon Indonesia Tbk PT		172,710		102,883
Bank Mandiri Tbk PT		434,000		287,259
Bank Rakyat Indonesia Tbk PT		373,500		383,182
Barito Pacific Tbk PT (b)		392,000		44,540
Bumi Resources Tbk PT		706,000		146,418
Indofood Sukses Makmur Tbk PT		518,500		237,372
Indosat Tbk PT		103,500		56,517
Kalbe Farma Tbk PT		569,000		131,815
Medco Energi Internasional Tbk PT		269,000		87,540
Perusahaan Gas Negara Tbk PT		592,000		253,061
Telekomunikasi Indonesia Tbk PT		299,000		253,977
United Tractors Tbk PT		151,000		312,328
				3,576,062
ISRAEL — 3.6%
Avner Oil & Gas, Ltd. (b)		1,366,202		590,267
Bank Hapoalim BM (b)		62,510		226,592
Bank Leumi Le-Israel BM (b)		63,704		228,294
Check Point Software Technologies (a)(b)		10,523		310,218
Formula Systems (1985), Ltd.		8,281		106,673
Israel Chemicals, Ltd.		28,757		301,832
Israel Discount Bank, Ltd. (b)		54,941		93,264
Koor Industries, Ltd.		1,428		25,458
Makhteshim-Agan Industries, Ltd.		24,815		83,111
Mizrahi Tefahot Bank, Ltd. (b)		21,230		155,335
NICE Systems, Ltd. (b)		4,403		110,259
Ormat Industries, Ltd.		12,487		92,973
Partner Communications Co., Ltd.		8,403		129,893
Retalix, Ltd. (b)		5,703		63,620
Teva Pharmaceutical Industries, Ltd.		41,499		2,202,446
The Israel Corp., Ltd. (b)		207		129,058
				4,849,293
JORDAN — 0.1%
Arab Bank PLC		13,260		199,766
MALAYSIA — 2.7%
Aeon Co. (M) Bhd		165,300		250,184
Alliance Financial Group Bhd		178,400		162,557
Berjaya Sports Toto Bhd		86,800		114,482
Bintulu Port Holdings Bhd		75,894		148,858
Bursa Malaysia Bhd		36,493		79,355
Carlsberg Brewery Malay Bhd		265,397		409,880
Dialog Group Bhd		383,708		124,446
Digi.Com Bhd		23,000		163,398
Genting Bhd		139,400		306,572
Genting Malaysia Bhd		18,400		15,516
IGB Corp. Bhd		187,700		101,459
IOI Corp. Bhd		223,560		345,957
KFC Holdings Bhd		90,700		283,516
KNM Group Bhd (b)		447,250		70,455
Malaysian Airline System Bhd (b)		235,000		150,255
Malaysian Resources Corp. Bhd (b)		273,300		131,690
Multi-Purpose Holdings Bhd		133,160		83,906
Naim Holdings Bhd (b)		112,987		102,953
OSK Holdings Bhd		214,350		84,747
OSK Property Holdings Bhd		15,464		2,532
OSK Ventures International Bhd (b)		25,700		3,731
SP Setia Bhd		113,000		146,246
Sunrise Bhd		187,276		107,593
TA Enterprise Bhd		226,700		45,165
TA Global Bhd		123,540		14,500
Tebrau Teguh Bhd (b)		16,100		3,033
UEM Land Holdings Bhd (b)		67,787		30,570
WCT Bhd		208,900		176,799
				3,660,355

15

SPDR S&P Emerging Markets ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
MEXICO — 5.7%
Alfa SAB de CV		24,605	$	185,219
America Movil SAB de CV		1,084,452		2,575,536
Axtel SAB de CV (b)		75,364		44,454
Cemex SAB de CV (a)(b)		438,051		426,342
Coca-Cola Femsa SAB de CV		37,967		239,069
Consorcio ARA SAB de CV (b)		74,883		44,810
Corporacion GEO SAB de CV (b)		31,796		85,163
Desarrolladora Homex SAB de CV (b)		13,980		58,972
Empresas ICA SAB de CV (b)		30,701		72,413
Fomento Economico Mexicano SAB de CV (a)		113,891		495,098
Grupo Aeroportuario del Sureste SAB de CV		29,667		135,874
Grupo Bimbo SAB de CV (a)		36,771		265,414
Grupo Elektra SA de CV (a)		5,428		218,226
Grupo Financiero Banorte SAB de CV		77,171		293,485
Grupo Mexico SAB de CV		255,345		608,417
Grupo Modelo SAB de CV		43,115		213,761
Grupo Televisa SA de CV (Series CPO) (a)		87,479		306,887
Impulsora Del Desarrollo Y El Empleo en America Latina SA de CV (a)(b)		77,955		90,816
Industrias CH SAB, Series B (b)		20,032		67,694
Industrias Penoles SA de CV		6,946		136,263
Kimberly-Clark de Mexico SAB de CV		40,374		235,362
Sare Holding SAB de CV (Class B) (b)		89,041		19,143
Telefonos de Mexico SA de CV		312,452		222,861
TV Azteca SAB de CV		172,267		91,452
Urbi Desarrollos Urbanos SA de CV (b)		33,550		62,494
Wal-Mart de Mexico SAB de CV (a)		283,846		631,165
				7,826,390
MOROCCO — 0.5%
Banque Marocaine du Commerce Exterieur		12,191		294,275
Banque Marocaine pour le Commerce et l’Industrie SA (c)		1,078		119,795
Douja Promotion Groupe Addoha SA		6,843		91,345
Holcim Maroc SA		648		172,565
				677,980
PERU — 1.0%
Compania de Minas Buenaventura SA		12,417		481,175
Credicorp, Ltd.		4,489		408,005
Southern Copper Corp. (a)		11,667		309,642
Volcan Compania Minera SAA (Class B)		119,523		116,268
				1,315,090
PHILIPPINES — 0.5%
Ayala Land, Inc.		599,780		174,674
Banco de Oro Universal Bank, Inc.		103,700		107,380
Bank of the Philippine Islands		178,480		177,113
Filinvest Land, Inc.		2,757,000		57,097
Philippine Long Distance Telephone Co.		4,630		239,715
				755,979
POLAND — 1.1%
Asseco Poland SA		3,398		54,333
Bank BPH SA (b)		767		11,185
Bank Pekao SA		6,618		305,704
Bioton SA (b)		152,148		9,010
BRE Bank SA (b)		339		22,184
BRE Bank SA (b)		815		54,781
Cersanit SA (b)		7,578		30,674
Getin Holding SA (b)		12,952		36,358
Globe Trade Centre SA (b)		8,123		55,971
Grupa Lotos SA (b)		4,947		42,261
KGHM Polska Miedz SA		7,094		186,112
Orbis SA (b)		3,389		35,655
PBG SA (b)		908		56,193
Polimex- Mostostal SA		31,734		41,158
Polski Koncern Naftowy Orlen GDR (b)		9,913		208,290
Powszechna Kasa Oszczednosci Bank Polski SA		21,165		228,437
Telekomunikacja Polska SA		43,416		183,838
				1,562,144
RUSSIA — 6.8%
Comstar United Telesystems GDR		20,503		125,068
LUKOIL ADR		26,343		1,367,202
Mechel OAO ADR		7,746		140,512
MMC Norilsk Nickel ADR (b)		43,339		629,282
OAO Gazprom ADR		163,753		3,126,045
OAO NOVATEK GDR		5,337		385,865
OJSC Mobile TeleSystems ADR		25,904		496,321
Polyus Gold Co. ADR		8,814		242,385
Rosneft Oil Co. GDR		67,671		418,207
Rostelecom ADR		4,581		98,950
Severstal GDR (b)		15,275		149,695
Surgutneftegaz ADR		115,127		1,016,571
Tatneft ADR		13,411		378,190
Vimpel-Communications ADR (a)(b)		23,259		376,331
VTB Bank OJSC GDR (e)		35,065		170,767
Wimm-Bill-Dann Foods OJSC ADR		5,328		94,838
				9,216,229
SOUTH AFRICA — 9.2%
ABSA Group, Ltd.		15,902		252,020
Adcock Ingram Holdings, Ltd.		4,891		37,006
Adcorp Holdings, Ltd.		21,114		73,678
Afgri, Ltd.		116,368		94,876
African Bank Investments, Ltd.		66,743		263,549
African Rainbow Minerals, Ltd.		7,701		162,141
Allied Electronics Corp., Ltd.		26,956		81,756
Anglo Platinum, Ltd. (a)(b)		3,282		312,111

16

SPDR S&P Emerging Markets ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
AngloGold Ashanti, Ltd.		11,640	$	504,044
Aquarius Platinum, Ltd.		19,334		94,963
ArcelorMittal South Africa, Ltd. (b)		9,851		97,523
Aspen Pharmacare Holdings, Ltd. (b)		29,668		294,520
Aveng, Ltd.		26,082		117,212
Avusa, Ltd.		4,519		11,259
Barloworld, Ltd.		11,162		59,262
Bidvest Group, Ltd.		16,362		260,164
Business Connexion Group, Ltd.		96,038		68,905
Cadiz Holdings		62,845		27,874
Coronation Fund Managers, Ltd. (a)		89,768		128,227
Discovery Holdings, Ltd.		14,704		67,230
Eqstra Holdings, Ltd. (b)		15,873		10,084
FirstRand, Ltd.		248,426		585,271
Foschini, Ltd.		14,709		124,414
Freeworld Coatings, Ltd.		13,094		15,561
Gold Fields, Ltd.		35,087		475,101
Grindrod, Ltd.		43,905		82,131
Group Five, Ltd.		12,463		56,090
Harmony Gold Mining Co., Ltd.		10,500		111,495
Impala Platinum Holdings, Ltd.		30,464		715,323
Imperial Holdings, Ltd.		8,613		96,402
Investec, Ltd.		9,515		66,840
Invicta Holdings, Ltd.		26,632		107,698
JD Group, Ltd.		9,372		49,514
Kagiso Media, Ltd.		48,859		97,517
Kumba Iron Ore, Ltd.		2,723		113,327
Lewis Group, Ltd.		11,277		86,632
Massmart Holdings, Ltd.		14,987		230,696
Metorex, Ltd. (b)		32,520		13,999
MTN Group, Ltd.		85,837		1,130,937
Murray & Roberts Holdings, Ltd.		23,079		116,813
Mvelaphanda Resources, Ltd. (b)		12,047		70,891
Naspers, Ltd.		20,709		702,114
Nedbank Group, Ltd.		24,152		378,074
Netcare, Ltd. (b)		98,187		165,229
Pretoria Portland Cement Co., Ltd.		9,560		39,658
PSG Group, Ltd.		19,455		68,777
Reinet Investments SCA ADR (b)		7,851		11,163
Remgro, Ltd.		20,147		248,782
RMB Holdings, Ltd.		44,676		181,832
Sanlam, Ltd.		97,314		290,198
Sappi, Ltd. (a)(b)		13,259		51,716
Sasol, Ltd.		23,727		849,935
Shoprite Holdings, Ltd. (a)		37,194		401,983
Standard Bank Group, Ltd.		49,434		660,276
Steinhoff International Holdings, Ltd. (b)		75,995		176,560
Sun International, Ltd. (a)(b)		7,761		83,525
Super Group, Ltd. (b)		61,293		5,277
Telkom SA, Ltd.		12,556		61,832
Tiger Brands, Ltd.		9,166		203,568
Truworths International, Ltd.		33,918		237,291
Wilson Bayly Holmes-Ovcon, Ltd.		10,802		154,016
Woolworths Holdings, Ltd.		59,872		187,056
				12,523,918
TAIWAN — 9.8%
Acer, Inc.		118,640		277,663
Advanced Semiconductor Engineering, Inc.		234,365		187,089
Asustek Computer, Inc.		20,689		154,210
AU Optronics Corp. ADR (a)		51,676		458,883
Cathay Financial Holding Co., Ltd. (b)		183,550		274,484
Chang Hwa Commercial Bank		256,000		117,517
Chimei Innolux Corp.		100,874		104,856
China Development Financial Holding Corp. (b)		553,758		149,420
China Steel Chemical Corp.		183,345		536,372
China Steel Corp.		321,719		298,375
Chinatrust Financial Holding Co., Ltd.		349,290		192,954
Chunghwa Telecom Co., Ltd.		145,322		289,002
CMC Magnetics Corp. (b)		141,000		35,369
Compal Electronics, Inc.		235,342		283,086
Delta Electronics, Inc.		91,340		294,219
Elite Semiconductor Memory Technology, Inc. (b)		74,750		132,603
Epistar Corp.		26,850		70,193
Far Eastern New Century Corp.		227,063		236,027
Formosa Chemicals & Fibre Corp.		119,460		275,492
Formosa Plastics Corp.		187,610		397,040
Foxconn Technology Co., Ltd.		45,318		151,617
Fubon Financial Holding Co., Ltd. (b)		256,000		287,618
Giant Manufacturing Co., Ltd.		137,960		420,773
Grape King, Inc.		120,000		168,806
High Tech Computer Corp.		45,578		609,948
Hon Hai Precision Industry Co., Ltd. (b)		183,564		651,270
Hotai Motor Co., Ltd.		69,000		167,714
Hua Nan Financial Holdings Co., Ltd.		235,376		135,886
Lite-On Technology Corp.		119,313		131,821
MediaTek, Inc.		23,283		327,889
Mosel Vitelic, Inc. (b)		5,995		2,621
Nan Ya Plastics Corp.		183,690		295,559
National Petroleum Co., Ltd.		257,000		288,342
Novatek Microelectronics Corp., Ltd.		23,225		62,957
Pegatron Corp. (b)		55,686		52,079
Pou Chen Corp.		166,207		130,094
Powerchip Semiconductor Corp. (b)		323,660		44,120
Powertech Technology, Inc.		45,714		128,187
Precision Silicon Corp. (b)		22,098		22,764
ProMOS Technologies, Inc. (b)		301,000		17,330
Quanta Computer, Inc.		160,664		292,512
Shin Kong Financial Holding Co., Ltd. (b)		168,368		58,164
Siliconware Precision Industries Co.		117,578		128,258
SinoPac Financial Holdings Co., Ltd. (b)		371,000		118,350
Solar Applied Materials Technology Corp.		75,611		168,017
Taishin Financial Holdings Co., Ltd. (b)		300,101		116,747
Taiwan Cement Corp.		183,681		156,061

17

SPDR S&P Emerging Markets ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
Taiwan Semiconductor Manufacturing Co., Ltd. ADR		241,019	$	2,352,345
Taiwan Tea Corp. (b)		74,913		40,101
Tatung Co., Ltd. (b)		282,000		50,026
Tripod Technology Corp.		45,244		168,971
United Microelectronics Corp. ADR (b)		175,130		509,628
Visual Photonics Epitaxy Co., Ltd. (b)		68,490		160,719
Wistron Corp.		91,635		135,749
				13,317,897
THAILAND — 1.7%
Advanced Info Service PCL		83,815		224,481
Bangkok Expressway PCL		241,559		129,766
Banpu PCL		9,608		180,947
Electricity Generating PCL (Foreign ownership limit)		54,587		137,774
IRPC PCL		616,258		78,768
Kasikornbank PCL		39,500		110,671
PTT Exploration & Production PCL		74,698		330,941
PTT PCL		50,624		384,486
Siam Commercial Bank PCL		79,302		198,928
Thai Oil PCL		76,095		103,958
The Siam Cement PCL		27,300		220,828
The Siam Cement PCL		300		2,593
Tisco Financial Group PCL		107,947		95,816
TMB Bank PCL (b)		3,085,217		135,258
				2,335,215
TURKEY — 1.9%
Akbank TAS		69,843		337,470
Anadolu Efes Biracilik Ve Malt Sanayii AS		15,013		176,372
Dogan Sirketler Grubu Holdings AS		101,066		64,473
Dogan Yayin Holding AS (b)		41,695		35,289
Eregli Demir ve Celik Fabrikalari TAS (b)		47,216		120,482
Haci Omer Sabanci Holding AS		37,260		150,617
KOC Holding AS		53,249		181,617
Migros Ticaret AS		586		10,271
Tupras-Turkiye Petrol Rafinerileri AS		8,464		155,033
Turkcell Iletisim Hizmetleri AS		32,104		167,288
Turkiye Garanti Bankasi AS		163,175		685,371
Turkiye Is Bankasi (c)		87,242		272,760
Ulker Biskuvi Sanayi AS		35,466		94,979
Yapi ve Kredi Bankasi AS (b)		56,123		153,135
				2,605,157
UNITED KINGDOM — 0.1%
British American Tobacco PLC		5,006		159,405
TOTAL COMMON STOCKS —
(Cost $129,866,513)				128,997,903
PREFERRED STOCK — 0.0% (f)
MALAYSIA — 0.0% (f)
TA Global Bhd (Cost $0)		123,540		10,684
WARRANTS — 0.0% (f)
HONG KONG — 0.0% (f)
Kingboard Chemical Holdings Ltd.(expiring 10/31/12) (b) (Cost $0)		3,450		1,360
RIGHTS — 0.0% (f)
CHINA — 0.0% (f)
Bank of Communications Co., Ltd.(expiring 07/09/10) (b)		45,150		18,090
INDIA — 0.0% (f)
Suzlon Energy, Ltd. (expiring 07/02/10) (b)		25,598		0
TOTAL RIGHTS —
(Cost $0)				18,090
DEPOSITARY RECEIPTS — 0.0% (f)
INDIA — 0.0% (f)
Samruddhi Cement Ltd, GDR (b)		400		4,212
LUXEMBOURG — 0.0% (f)
Samruddhi Cement Ltd. Depository Receipt		731		7,698
TOTAL DEPOSITARY RECEIPTS —
(Cost $13,122)				11,910
SHORT TERM INVESTMENTS — 9.3%
UNITED STATES — 9.3%
MONEY MARKET FUNDS — 9.3%
State Street Navigator Securities Lending Prime Portfolio (g)(h)		10,356,868		10,356,868
State Street Institutional Liquid Reserves Fund (g)(i)		2,335,144		2,335,144
TOTAL SHORT TERM INVESTMENTS —
(Cost $12,692,012)				12,692,012
TOTAL INVESTMENTS — 104.0%
(Cost $142,571,647)				141,731,959
OTHER ASSETS AND LIABILITIES — (4.0)%				(5,482,956	)
NET ASSETS — 100.0%			$	136,249,003

18

SPDR S&P Emerging Markets ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

(a)	Security, or portion thereof, was on loan at June 30, 2010.
(b)	Non-income producing security.
(c)	Reflects separate holdings of the issuer’s common stock traded on different securities exchanges.
(d)	Securities are 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. Securities’ values are determined based on Level 2 inputs.
(e)	Securities purchased pursuant to Rule 144A of the Securities Act of 1933. These securities, which represent 1.5% of net assets as of June 30, 2010, are considered liquid and may be resold in transactions exempt from registration, normally to qualified institutional buyers.
(f)	Amount shown represents less than 0.05% of net assets.
(g)	Affiliated Fund managed by SSgA Funds Management, Inc. (See accompanying Notes to Schedules of Investments)
(h)	Investments of cash collateral for securities loaned.
(i)	Security, or a portion thereof, is designated on the Fund’s books or pledged as collateral for futures contracts.

ADR = American Depositary Receipt

GDR = Global Depositary Receipt

At June 30, 2010, open futures contracts purchased were as follows:

	Expiration				Aggregate				Unrealized
Futures	Date		Contracts		Face Value		Value		Depreciation
MSCI Taiwan Index Futures		7/29/2010		237	$	6,165,983	$	5,977,140	$	(188,843	)

19

SPDR S&P Emerging Markets ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

INDUSTRY BREAKDOWN AS OF June 30, 2010*

	PERCENT OF
INDUSTRY**	NET ASSETS
Oil, Gas & Consumable Fuels		15.9	%
Commercial Banks		14.6
Metals & Mining		9.9
Wireless Telecommunication Services		7.1
Semiconductors & Semiconductor Equipment		3.1
Pharmaceuticals		2.5
Insurance		2.4
Beverages		2.2
Chemicals		1.8
Food Products		1.7
Real Estate Management & Development		1.7
Construction & Engineering		1.6
Diversified Telecommunication Services		1.6
IT Services		1.6
Automobiles		1.5
Diversified Financial Services		1.5
Electric Utilities		1.5
Industrial Conglomerates		1.5
Internet Software & Services		1.5
Food & Staples Retailing		1.4
Electronic Equipment, Instruments & Components		1.3
Computers & Peripherals		1.2
Construction Materials		1.1
Media		1.1
Multiline Retail		1.1
Hotels, Restaurants & Leisure		1.0
Specialty Retail		1.0
Independent Power Producers & Energy Traders		0.9
Transportation Infrastructure		0.9
Communications Equipment		0.7
Electrical Equipment		0.7
Capital Markets		0.6
Thrifts & Mortgage Finance		0.6
Household Durables		0.5
Household Products		0.5
Machinery		0.5
Software		0.5
Airlines		0.4
Gas Utilities		0.4
Marine		0.4
Paper & Forest Products		0.4
Tobacco		0.4
Leisure Equipment & Products		0.3
Personal Products		0.3
Energy Equipment & Services		0.2
Textiles, Apparel & Luxury Goods		0.2
Water Utilities		0.2
Aerospace & Defense		0.1
Consumer Finance		0.1
Distributors		0.1
Health Care Providers & Services		0.1
Professional Services		0.1
Road & Rail		0.1
Trading Companies & Distributors		0.1
Air Freight & Logistics		0.0	***
Biotechnology		0.0	***
Building Products		0.0	***
Unknown		0.0	***
Short Term Investments		9.3
Other Assets & Liabilities		(4.0	)
TOTAL		100.0	%

*	The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time.
**	Each security is valued based on Level 1 inputs except for Bajaj Holdings & Investment, Ltd. which was Level 2 and part of the Diversified Financial Services Industry, BF Investment, Ltd., which was Level 2 and part of the Independent Power Producers & Energy Traders Industry and Investimentos Itau SA which was Level 2 and part of the Industrial Conglomerates Industry, each representing less than 0.05% of net assets. (See accompanying Notes to Schedules of Investments)
***	Amount represents less than 0.05% of net assets.

20

SPDR S&P BRIC 40 ETF
SCHEDULE OF INVESTMENTS

June 30, 2010 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS — 98.8%
BRAZIL — 24.1%
Banco Bradesco SA ADR (a)		785,016	$	12,450,354
Banco Santander Brazil SA ADS		279,599		2,888,258
Companhia de Bebidas das Americas Preference Shares ADR (a)		75,204		7,596,356
Companhia Energetica de Minas Gerais ADR (a)		166,624		2,444,374
Companhia Siderurgica Nacional SA ADR (a)		414,768		6,092,942
Gerdau SA ADR (a)		316,724		4,174,422
Itau Unibanco Holding SA Preference Shares ADR (a)		927,367		16,701,880
Petroleo Brasileiro SA Preference Shares ADR		599,922		20,589,323
Tele Norte Leste Participacoes SA ADR		129,371		1,935,390
Vale SA Preference Shares ADR (a)		768,239		18,706,619
				93,579,918
CHINA — 32.1%
Baidu, Inc. ADR (b)		179,516		12,221,449
Bank of China, Ltd.		31,997,000		16,312,526
Bank of Communications Co., Ltd.		2,590,000		2,757,248
China Construction Bank Corp.		17,601,000		14,330,062
China Life Insurance Co., Ltd.		3,664,000		16,303,474
China Merchants Bank Co., Ltd.		1,938,436		4,704,730
China Petroleum & Chemical Corp.		8,826,000		7,197,126
China Shenhua Energy Co., Ltd.		1,456,000		5,328,779
China Telecom Corp., Ltd.		7,400,000		3,573,066
Industrial & Commercial Bank of China		24,438,000		17,950,773
PetroChina Co., Ltd.		11,078,000		12,476,202
Ping An Insurance Group Co. of China, Ltd.		674,500		5,573,808
Tencent Holdings, Ltd.		362,500		6,074,912
				124,804,155
HONG KONG — 13.0%
China Mobile, Ltd.		2,855,000		28,670,438
China Overseas Land & Investment, Ltd.		1,794,560		3,383,027
China Unicom (Hong Kong), Ltd.		2,904,000		3,930,598
CNOOC, Ltd.		8,383,000		14,403,799
				50,387,862
INDIA — 8.4%
HDFC Bank, Ltd. ADR (a)		30,397		4,345,859
ICICI Bank, Ltd. ADR		145,362		5,253,383
Infosys Technologies, Ltd. ADR (a)		240,786		14,425,489
Reliance Industries, Ltd. GDR (c)		181,243		8,464,048
				32,488,779
RUSSIA — 21.2%
LUKOIL ADR		246,923		12,815,304
MMC Norilsk Nickel ADR (b)		425,368		6,176,343
OAO Gazprom ADR		1,708,634		32,617,823
OAO NOVATEK GDR		63,465		4,588,520
OJSC Mobile TeleSystems ADR		542,376		10,391,924
Rosneft Oil Co. GDR (d)		873,195		5,396,345
Rosneft Oil Co. GDR (b)(d)		5,891		36,406
Surgutneftegaz ADR		512,205		4,522,770
Tatneft ADR (d)		114,752		3,236,007
Tatneft ADR (d)		1,803		50,845
Vimpel-Communications ADR (a)		153,530		2,484,116
Vimpel-Communications ADR (e)		1,846		29,868
				82,346,271
TOTAL COMMON STOCKS —
(Cost $407,465,923)				383,606,985
RIGHTS — 0.0% (f)
CHINA — 0.0% (f)
Bank of Communications Co., Ltd.(expiring 07/09/10) (b) (Cost $0)		435,150		174,347
SHORT TERM INVESTMENTS — 8.4%
UNITED STATES — 8.4%
MONEY MARKET FUNDS — 8.4%
State Street Navigator Securities Lending Prime Portfolio (g)(h)		32,323,308		32,323,308
State Street Institutional Liquid Reserves Fund (g)		298,971		298,971
TOTAL SHORT TERM INVESTMENTS —
(Cost $32,622,279)				32,622,279
TOTAL INVESTMENTS — 107.2%
(Cost $440,088,202)				416,403,611
OTHER ASSETS AND LIABILITIES — (7.2)%				(27,945,109	)
NET ASSETS — 100.0%			$	388,458,502

(a)	Security, or portion thereof, was on loan at June 30, 2010.
(b)	Non-income producing security.
(c)	Security purchased pursuant to Rule 144A of the Securities Act of 1933. This security, which represents 2.2% of net assets as of June 30, 2010, is considered liquid and may be resold in transactions exempt from registration, normally to qualified institutional buyers.
(d)	Reflects separate holdings of the issuer’s common stock traded on different securities exchanges.
(e)	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. Security value is determined based on Level 2 inputs. (See accompanying Notes to Schedules of Investments)
(f)	Amount shown represents less than 0.05% of net assets.
(g)	Affiliated Fund managed by SSgA Funds Management, Inc. (See accompanying Notes to Schedules of Investments)
(h)	Investments of cash collateral for securities loaned.

ADR = American Depositary Receipt

ADS = American Depositary Shares

GDR = Global Depositary Receipt

21

SPDR S&P BRIC 40 ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

INDUSTRY BREAKDOWN AS OF June 30, 2010*

	PERCENT OF
INDUSTRY**	NET ASSETS
Oil, Gas & Consumable Fuels		33.9	%
Commercial Banks		25.2
Wireless Telecommunication Services		10.7
Metals & Mining		9.1
Insurance		5.6
Internet Software & Services		4.7
IT Services		3.7
Diversified Telecommunication Services		2.4
Beverages		2.0
Real Estate Management & Development		0.9
Electric Utilities		0.6
Short Term Investments		8.4
Other Assets & Liabilities		(7.2	)
TOTAL		100.0	%

*	The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time.
**	Each security is valued based on Level 1 inputs except for Vimple-Communications ADR which was Level 2 and part of the Wireless Telecommunication Services Industry, representing 0.6% of net assets. (See accompanying Notes to Schedules of Investments)

22

SPDR S&P Emerging Europe ETF
SCHEDULE OF INVESTMENTS

June 30, 2010 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS — 98.9%
CZECH REPUBLIC — 4.3%
CEZ AS		117,898	$	4,839,828
Komercni Banka AS		7,937		1,286,935
Telefonica O2 Czech Republic AS		47,995		936,139
Unipetrol (a)		78,678		721,154
				7,784,056
HUNGARY — 4.4%
Magyar Telekom Telecommunications PLC		465,600		1,286,368
MOL Hungarian Oil and Gas NyRt (a)(b)		24,092		2,008,242
OTP Bank NyRt (a)(b)		134,691		2,757,674
Richter Gedeon NyRt		10,310		1,838,434
				7,890,718
POLAND — 9.9%
Agora SA (a)		70,513		480,436
Asseco Poland SA		33,889		541,879
Bank Pekao SA		50,658		2,340,035
Bank Zachodni WBK SA		14,688		842,881
Bioton SA (a)		1,697,458		100,526
BRE Bank SA (a)		2,707		177,145
BRE Bank SA (a)		5,838		392,410
Cersanit SA (a)		67,161		271,854
Debica SA		11,549		224,506
Echo Investment SA (a)		208,932		257,364
Getin Holding SA (a)		126,000		353,695
Globe Trade Centre SA (a)		84,122		579,636
ING Bank Slaski SA (a)		3,982		890,221
KGHM Polska Miedz SA		55,310		1,451,065
Netia SA (a)		921,146		1,290,147
Orbis SA (a)		30,929		325,395
PBG SA (a)		6,856		424,294
Polimex- Mostostal SA		278,924		361,751
Polski Koncern Naftowy Orlen SA (a)		93,381		981,051
Powszechna Kasa Oszczednosci Bank Polski SA		244,627		2,640,290
Telekomunikacja Polska SA		493,836		2,091,069
TVN SA		128,844		608,520
Zaklad Przetworstwa Hutniczego Stalprodukt SA		2,236		260,204
				17,886,374
RUSSIA — 63.9%
Comstar United Telesystems GDR (a)(c)		7,394		45,103
Comstar United Telesystems GDR (c)		176,689		1,077,803
CTC Media, Inc. (b)		53,895		778,244
Evraz Group SA GDR (a)(c)		31,091		734,680
Evraz Group SA GDR (a)(c)		51,060		1,206,548
Gazprom Neft ADR (c)		92,878		1,755,394
Gazprom Neft JSC ADR (c)		124		2,325
Integra Group Holdings GDR (a)(c)		122,760		276,210
Integra Group Holdings GDR (a)(c)		163,342		367,520
JSC MMC Norilsk Nickel ADR (b)		475,529		6,904,681
LUKOIL ADR		238,724		12,389,776
Mechel OAO ADR		58,103		1,053,988
OAO Gazprom ADR		1,445,716		27,598,718
OAO NOVATEK GDR		111,597		8,068,463
OJSC Mobile TeleSystems ADR		485,228		9,296,969
PIK Group GDR (a)		179,285		609,569
Polymetal GDR (a)(c)		95,328		1,196,366
Polymetal GDR (a)(c)		362		4,525
Polyus Gold Co. ADR (c)		96,138		2,643,795
Polyus Gold Co. ADR (c)		353		9,725
Rosneft Oil Co. GDR (a)(c)		103,373		638,845
Rosneft Oil Co. GDR (c)		1,130,898		6,988,950
Rostelecom ADR (b)		59,219		1,279,130
Sberbank		4,350,871		10,616,125
Severstal GDR (a)(c)		233,941		2,292,622
Surgutneftegaz ADR		678,996		5,995,535
Tatneft ADR		73,214		2,064,635
Uralkali GDR (a)		94,350		1,700,187
Vimpel-Communications ADR (a)		222,393		3,598,319
VTB Bank GDR		745,915		3,632,606
				114,827,356
TURKEY — 16.4%
Akbank TAS		669,253		3,233,719
Anadolu Anonim Turk Sigorta		728,042		469,037
Anadolu Efes Biracilik Ve Malt Sanayii AS		154,708		1,817,508
Arcelik AS		399,355		1,689,991
Dogan Sirketler Grubu Holdings AS		749,930		478,402
Dogan Yayin Holding AS (a)		800,550		677,554
Dogus Otomotiv Servis ve Ticaret AS (a)		212,250		911,606
Enka Insaat ve Sanayi AS		255,631		879,955
Eregli Demir ve Celik Fabrikalari TAS (a)		443,620		1,131,991
Haci Omer Sabanci Holding AS		354,185		1,431,728
Hurriyet Gazetecilik ve Matbaacilik AS		558,857		455,345
KOC Holding AS		455,430		1,553,338
Tupras-Turkiye Petrol Rafinerileri AS		65,894		1,206,964
Turk Hava Yollari Anonim Ortakligi (a)		681,067		1,686,267
Turkcell Iletisim Hizmetleri AS		408,022		2,126,121
Turkiye Garanti Bankasi AS		1,346,274		5,654,648
Turkiye Is Bankasi (c)		568,954		1,778,824
Vestel Elektronik Sanayi (a)		379,438		498,488
Yapi ve Kredi Bankasi AS (a)		630,563		1,720,532
				29,402,018
TOTAL COMMON STOCKS —
(Cost $211,457,270)				177,790,522
SHORT TERM INVESTMENTS — 2.0%
UNITED STATES — 2.0%
MONEY MARKET FUNDS — 2.0%
State Street Navigator Securities Lending Prime Portfolio (d)(e)		3,557,393		3,557,393

23

SPDR S&P Emerging Europe ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
State Street Institutional Liquid Reserves Fund (d)		70,981	$	70,981
TOTAL SHORT TERM INVESTMENTS —
(Cost $3,628,374)				3,628,374
TOTAL INVESTMENTS — 100.9%
(Cost $215,085,644)				181,418,896
OTHER ASSETS AND LIABILITIES — (0.9)%				(1,593,413	)
NET ASSETS — 100.0%			$	179,825,483

(a)	Non-income producing security.
(b)	Security, or portion thereof, was on loan at June 30, 2010.
(c)	Reflects separate holdings of the issuer’s common stock traded on different securities exchanges.
(d)	Affiliated Fund managed by SSgA Funds Management, Inc. (See accompanying Notes to Schedules of Investments)
(e)	Investments of cash collateral for securities loaned.

ADR = American Depositary Receipt

GDR = Global Depositary Receipt

24

SPDR S&P Emerging Europe ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

INDUSTRY BREAKDOWN AS OF June 30, 2010*

	PERCENT OF
INDUSTRY**	NET ASSETS
Oil, Gas & Consumable Fuels		38.8	%
Commercial Banks		21.3
Metals & Mining		10.5
Wireless Telecommunication Services		8.4
Diversified Telecommunication Services		4.4
Electric Utilities		2.7
Media		1.7
Household Durables		1.6
Industrial Conglomerates		1.6
Chemicals		1.3
Beverages		1.0
Pharmaceuticals		1.0
Airlines		0.9
Diversified Financial Services		0.8
Distributors		0.5
Real Estate Management & Development		0.5
Construction & Engineering		0.4
Energy Equipment & Services		0.4
Insurance		0.3
Software		0.3
Hotels, Restaurants & Leisure		0.2
Auto Components		0.1
Biotechnology		0.1
Building Products		0.1
Short Term Investments		2.0
Other Assets & Liabilities		(0.9	)
TOTAL		100.0	%

*	The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time.
**	Each security is valued based on Level 1 inputs. (See accompanying Notes to Schedules of Investments)

25

SPDR S&P Emerging Latin America ETF
SCHEDULE OF INVESTMENTS

June 30, 2010 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS — 98.9%
BRAZIL — 64.1%
AES Tiete SA Preference Shares		34,293	$	394,774
B2W Companhia Global Do Varejo		21,216		354,051
Banco Bradesco SA ADR (a)		252,091		3,998,163
Banco do Brasil SA		72,649		993,508
Banco Santander Brazil SA ADS		86,468		893,214
BM&FBOVESPA SA		208,325		1,340,677
Bradespar SA Preference Shares		73,792		1,342,380
Brasil Telecom SA ADR (b)		11,207		96,941
Brasil Telecom SA Preference Shares ADR		19,756		396,700
Braskem SA Preference Shares ADR (a)(b)		21,714		307,253
BRF — Brasil Foods SA		28,611		376,189
BRF — Brasil Foods SA ADR (a)		53,750		712,725
Centrais Eletricas Brasileiras SA		6,452		85,406
Centrais Eletricas Brasileiras SA ADR		47,618		636,667
Companhia Brasileira de Distribuicao Grupo Pao de Acucar ADR (a)		14,024		974,948
Companhia de Bebidas das Americas Preference Shares ADR (a)		31,433		3,175,047
Companhia de Concessoes Rodoviarias		29,786		617,698
Companhia de Saneamento Basico do Estado de Sao Paulo		27,950		581,484
Companhia Energetica de Minas Gerais ADR (a)		70,856		1,039,458
Companhia Energetica de Sao Paulo Preference Shares		42,162		575,415
Companhia Paranaense de Energia Preference Shares		23,069		476,098
Companhia Siderurgica Nacional SA ADR		162,857		2,392,369
Cosan SA Industria e Comercio (b)		27,329		342,352
Cyrela Brazil Realty SA		57,094		617,977
Cyrela Commercial Properties SA Empreendimentos e Participacoes		44,628		245,609
Duratex SA		77,377		704,013
Empresa Brasileira de Aeronautica SA		81,635		420,290
Fertilizantes Heringer SA (b)		3,279		13,571
Fibria Celulose SA ADR (b)		46,746		691,841
Gafisa SA		40,300		241,465
Gerdau SA ADR (a)		78,826		1,038,927
Gerdau SA Preference Shares		15,326		200,577
Gol Linhas Aereas Inteligentes SA Preference Shares		26,187		310,612
Investimentos Itau SA		70,930		448,600
Investimentos Itau SA (c)		734		4,643
Investimentos Itau SA GDR		5,209		31,586
Investimentos Itau SA Preference Shares		482,962		2,869,638
Itau Unibanco Holding SA Preference Shares ADR (a)		321,236		5,785,460
JBS SA		127,003		538,310
LLX Logistica SA (b)		74,604		304,624
Lojas Americanas SA Preference Shares		112,502		816,381
Lojas Renner SA		39,665		1,078,272
Metalurgica Gerdau SA Preference Shares		68,549		1,110,855
MMX Mineracao e Metalicos SA (b)		14,837		86,594
MRV Engenharia e Participacoes SA		2,386		16,824
Natura Cosmeticos SA		32,656		724,682
NET Servicos de Comunicacao SA Preference Shares (b)		43,002		405,567
OGX Petroleo e Gas Participacoes SA (b)		103,457		959,668
OGX Petroleo e Gas Participacoes SA, ADR (a)(b)		81,285		772,207
Petroleo Brasileiro SA ADR		235,532		7,018,854
Petroleo Brasileiro SA Preference Shares ADR (a)		163,319		5,605,108
Souza Cruz SA		21,359		805,776
Tam SA ADR (a)		13,945		194,533
Tele Norte Leste Participacoes SA ADR		35,722		534,401
Tele Norte Leste Participacoes SA Preference Shares		2,414		36,160
Tim Participacoes SA		28,099		75,606
Tim Participacoes SA ADR		16,583		450,063
Tractebel Energia SA ADR (a)		4,243		51,383
Usinas Siderurgicas de Minas Gerais SA		11,831		315,778
Usinas Siderurgicas de Minas Gerais SA ADR (a)		41,442		1,110,484
Vale SA ADR (a)		301,346		6,334,293
Vale SA Preference Shares ADR (a)		234,301		5,705,229
Vivo Participacoes SA Preference Shares		29,688		764,229
				71,544,207
CHILE — 10.4%
Almendral SA		2,725,020		261,089
Antarchile SA		42,151		784,634
Banco de Credito e Inversiones		30,463		1,243,093
Banco Santander Chile ADR (a)		3,260		218,713
CAP SA		21,135		651,851
Cencosud SA ADR (d)		16,089		1,085,666
Companhia General de Electricidad		113,380		678,687
Empresa Nacional de Electricidad SA ADR		20,561		949,507
Empresas CMPC SA		29,607		1,291,372
Empresas COPEC SA		79,780		1,251,699
Enersis SA ADR		42,646		849,082
Lan Airlines SA ADR (a)		28,840		533,828
SACI Falabella		241,999		1,570,046
Sociedad Quimica y Minera de Chile SA ADR (a)		7,931		258,630
				11,627,897
MEXICO — 20.2%
Alfa SAB de CV		80,223		603,895
America Movil SAB de CV		2,819,887		6,697,133
Cemex SAB de CV (a)(b)		1,310,488		1,275,459

26

SPDR S&P Emerging Latin America ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
Corporacion GEO SAB de CV (b)		106,689	$	285,759
Desarrolladora Homex SAB de CV (b)		52,558		221,704
Empresas ICA SAB de CV (b)		95,657		225,623
Fomento Economico Mexicano SAB de CV (a)		385,077		1,673,975
Grupo Aeroportuario del Sureste SAB de CV		112,550		515,474
Grupo Bimbo SAB de CV		125,404		905,170
Grupo Carso SA de CV (a)		123,960		397,730
Grupo Financiero Banorte SAB de CV		273,021		1,038,312
Grupo Mexico SAB de CV		738,491		1,759,622
Grupo Modelo SAB de CV		226,243		1,121,698
Grupo Televisa SA de CV (Series CPO) (a)		245,216		860,247
Grupo Televisa SA de CV ADR		1,934		33,671
Impulsora Del Desarrollo Y El Empleo en America Latina SA de CV (a)(b)		310,449		361,665
Kimberly-Clark de Mexico SAB de CV		170,969		996,669
Telefonos de Mexico SA de CV (a)		1,178,187		840,360
TV Azteca SAB de CV		557,363		295,890
Urbi Desarrollos Urbanos SA de CV (b)		129,055		240,393
Wal-Mart de Mexico SAB de CV (a)		970,020		2,156,955
				22,507,404
PERU — 4.2%
Compania de Minas Buenaventura SA, ADR, Series B		37,347		1,435,619
Compania Minera Milpo SA		145,115		331,090
Credicorp, Ltd.		16,444		1,494,595
Minsur SA		147,847		331,571
Southern Copper Corp. (a)		31,510		836,275
Volcan Compania Minera SAA (Class B)		286,359		278,559
				4,707,709
TOTAL COMMON STOCKS —
(Cost $123,829,850)				110,387,217
SHORT TERM INVESTMENTS — 15.5%
UNITED STATES — 15.5%
MONEY MARKET FUNDS — 15.5%
State Street Navigator Securities Lending Prime Portfolio (e)(f)		17,356,044		17,356,044
State Street Institutional Liquid Reserves Fund (e)		100		100
TOTAL SHORT TERM INVESTMENTS —
(Cost $17,356,144)				17,356,144
TOTAL INVESTMENTS — 114.4%
(Cost $141,185,994)				127,743,361
OTHER ASSETS AND LIABILITIES — (14.4)%				(16,102,085	)
NET ASSETS — 100.0%			$	111,641,276

(a)	Security, or portion thereof, was on loan at June 30, 2010.
(b)	Non-income producing security.
(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. Security value is determined based on Level 2 inputs. (See accompanying Notes to Schedules of Investments)
(d)	Security purchased pursuant to Rule 144A of the Securities Act of 1933. This security, which represents 1.0% of net assets as of June 30, 2010, is considered liquid and may be resold in transactions exempt from registration, normally to qualified institutional buyers.
(e)	Affiliated Fund managed by SSgA Funds Management, Inc. (See accompanying Notes to Schedules of Investments)
(f)	Investments of cash collateral for securities loaned.

ADR = American Depositary Receipt

ADS = American Depositary Shares

27

SPDR S&P Emerging Latin America ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

INDUSTRY BREAKDOWN AS OF June 30, 2010*

	PERCENT OF
INDUSTRY**	NET ASSETS
Metals & Mining		22.6	%
Commercial Banks		17.0
Oil, Gas & Consumable Fuels		12.2
Wireless Telecommunication Services		7.2
Beverages		5.4
Food & Staples Retailing		3.8
Electric Utilities		3.4
Multiline Retail		3.1
Industrial Conglomerates		2.7
Food Products		2.6
Paper & Forest Products		2.4
Diversified Telecommunication Services		1.9
Independent Power Producers & Energy Traders		1.8
Household Durables		1.5
Media		1.4
Transportation Infrastructure		1.3
Diversified Financial Services		1.2
Construction Materials		1.1
Airlines		0.9
Household Products		0.9
Personal Products		0.7
Tobacco		0.7
Unknown		0.7
Chemicals		0.5
Construction & Engineering		0.5
Water Utilities		0.5
Aerospace & Defense		0.4
Internet & Catalog Retail		0.3
Real Estate Management & Development		0.2
Short Term Investments		15.5
Other Assets & Liabilities		(14.4	)
TOTAL		100.0	%

*	The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time.
**	Each security is valued based on Level 1 inputs except for Investimento Itau SA which was Level 2 and part of the Industrial Conglomerates Industry, representing less than 0.05% of net assets. (See accompanying Notes to Schedules of Investments)

28

SPDR S&P Emerging Middle East & Africa ETF
SCHEDULE OF INVESTMENTS

June 30, 2010 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS — 98.5%
EGYPT — 5.6%
Commercial International Bank Egypt SAE		149,830	$	1,768,972
Eastern Tobacco		32,833		713,265
Egyptian Financial Group-Hermes Holding		90,237		465,918
Egyptian Kuwait Holding Co.		208,610		317,087
ElSwedy Cables Holding Co. (a)		19,042		227,327
Orascom Construction Industries		27,162		1,087,148
Orascom Telecom Holding SAE GDR		186,187		819,223
Sidi Kerir Petrochemicals Co.		94,055		202,278
Six of October Development & Investment Co. (a)		16,110		231,921
Suez Cement Co.		49,324		307,582
Telecom Egypt		153,383		420,080
				6,560,801
ISRAEL — 23.6%
Africa-Israel Investments, Ltd. (a)		13,757		65,923
Alvarion, Ltd. (a)(b)		790		1,596
Bank Hapoalim BM (a)		375,813		1,362,280
Bank Leumi Le-Israel BM (a)		368,041		1,318,936
Bezeq Israeli Telecommunication Corp., Ltd.		403,427		887,092
Cellcom Israel, Ltd.		12,587		314,675
Check Point Software Technologies (a)(b)		55,289		1,629,920
Delek Automotive Systems, Ltd.		72,270		741,412
Delek Group, Ltd.		2,972		620,204
Elbit Imaging, Ltd. (a)		5,649		82,781
Elbit Systems, Ltd.		23,606		1,204,171
Gazit-Globe, Ltd.		42,151		356,950
Harel Insurance Investments & Financial Services, Ltd.		826		39,050
Israel Chemicals, Ltd.		182,900		1,919,708
Israel Discount Bank, Ltd. (a)		265,587		450,844
Makhteshim-Agan Industries, Ltd.		62,616		209,715
Mellanox Technologies, Ltd. (a)(b)		27,701		606,652
Mizrahi Tefahot Bank, Ltd. (a)		99,297		726,532
NICE Systems, Ltd. (a)		22,112		553,726
Oil Refineries, Ltd.		471,512		197,764
Ormat Industries, Ltd.		4,044		30,110
Partner Communications Co., Ltd.		23,333		360,680
RADVision, Ltd. (a)(b)		13,693		83,527
Syneron Medical, Ltd. (a)(b)		10,120		104,034
Teva Pharmaceutical Industries, Ltd.		249,562		13,244,821
The Israel Corp., Ltd. (a)		943		587,932
				27,701,035
MOROCCO — 5.2%
Attijariwafa Bank		60,275		2,046,670
Banque Centrale Populaire		18,099		603,991
Banque Marocaine du Commerce Exterieur		75,321		1,818,154
Banque Marocaine pour le Commerce et l’Industrie SA		4,924		547,190
Ciments du Maroc		3,035		773,124
Douja Promotion Groupe Addoha SA		28,167		375,990
				6,165,119
SOUTH AFRICA — 64.1%
ABSA Group, Ltd.		98,567		1,562,121
Adcock Ingram Holdings, Ltd.		70,795		535,640
African Bank Investments, Ltd.		197,417		779,542
African Rainbow Minerals, Ltd.		30,620		644,690
Anglo Platinum, Ltd. (a)(b)		19,291		1,834,530
AngloGold Ashanti, Ltd.		94,374		4,086,651
Aquarius Platinum, Ltd.		92,376		453,722
ArcelorMittal South Africa, Ltd. (a)		55,438		548,826
Aspen Pharmacare Holdings, Ltd. (a)(b)		172,703		1,714,459
Assore, Ltd.		4,310		387,944
Aveng, Ltd.		162,288		729,320
Avusa, Ltd.		76,688		191,075
Barloworld, Ltd. (b)		55,978		297,204
Bidvest Group, Ltd.		91,361		1,452,685
DataTec, Ltd. (b)		119,923		444,912
Discovery Holdings, Ltd.		132,929		607,785
Eqstra Holdings, Ltd. (a)		162,064		102,957
Exxaro Resources, Ltd.		52,505		755,815
FirstRand, Ltd.		1,539,902		3,627,884
Foschini, Ltd.		78,805		666,560
Fountainhead Property Trust		721,438		586,313
Freeworld Coatings, Ltd.		144,707		171,969
Gold Fields, Ltd.		212,243		2,873,911
Grindrod, Ltd.		204,789		383,088
Growthpoint Properties, Ltd.		471,280		954,142
Harmony Gold Mining Co., Ltd. (b)		99,064		1,051,920
Hyprop Investments, Ltd.		97,692		637,066
Impala Platinum Holdings, Ltd.		169,067		3,969,848
Imperial Holdings, Ltd.		59,384		664,660
Investec, Ltd.		65,551		460,477
JD Group, Ltd.		47,777		252,416
Kumba Iron Ore, Ltd.		27,080		1,127,032
Massmart Holdings, Ltd.		76,295		1,174,412
Metorex, Ltd. (a)		145,960		62,833
MTN Group, Ltd.		471,679		6,214,561
Murray & Roberts Holdings, Ltd.		104,243		527,620
Mvelaphanda Resources, Ltd. (a)		73,774		434,129
Naspers, Ltd.		113,178		3,837,168
Nedbank Group, Ltd.		142,480		2,230,374
Netcare, Ltd. (a)(b)		527,704		888,020
Pick n Pay Stores, Ltd.		136,502		772,807
Pretoria Portland Cement Co., Ltd.		121,208		502,807
Remgro, Ltd.		139,738		1,725,534
Reunert, Ltd.		72,083		539,649
RMB Holdings, Ltd.		266,097		1,083,021
Sanlam, Ltd.		605,250		1,804,902
Sappi, Ltd. (a)(b)		75,530		294,600
Sasol, Ltd.		176,788		6,332,801
Shoprite Holdings, Ltd. (b)		187,943		2,031,240
Standard Bank Group, Ltd. (b)		330,117		4,409,283
Steinhoff International Holdings, Ltd. (a)(b)		422,604		981,838
Sun International, Ltd. (a)(b)		33,765		363,382
Telkom SA, Ltd.		69,683		343,152
Tiger Brands, Ltd.		60,729		1,348,732

29

SPDR S&P Emerging Middle East & Africa ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
Truworths International, Ltd.		176,872	$	1,237,398
Wilson Bayly Holmes-Ovcon, Ltd.		33,184		473,142
Woolworths Holdings, Ltd.		315,052		984,306
				75,154,875
TOTAL COMMON STOCKS —
(Cost $132,089,936)				115,581,830
SHORT TERM INVESTMENTS — 4.1%
UNITED STATES — 4.1%
MONEY MARKET FUNDS — 4.1%
State Street Navigator Securities Lending Prime Portfolio (c)(d)		4,635,616		4,635,616
State Street Institutional Liquid Reserves Fund (c)		142,980		142,980
TOTAL SHORT TERM INVESTMENTS —
(Cost $4,778,597)				4,778,596
TOTAL INVESTMENTS — 102.6%
(Cost $136,868,533)				120,360,426
OTHER ASSETS AND LIABILITIES — (2.6)%				(3,056,656	)
NET ASSETS — 100.0%			$	117,303,770

(a)	Non-income producing security.
(b)	Security, or portion thereof, was on loan at June 30, 2010.
(c)	Affiliated Fund managed by SSgA Funds Management, Inc. (See accompany Notes to Schedules of Investments)
(d)	Investments of cash collateral for securities loaned.

GDR = Global Depositary Receipt

30

SPDR S&P Emerging Middle East & Africa ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

INDUSTRY BREAKDOWN AS OF June 30, 2010*

	PERCENT OF
INDUSTRY**	NET ASSETS
Commercial Banks		16.1	%
Metals & Mining		15.5
Pharmaceuticals		13.2
Wireless Telecommunication Services		6.6
Diversified Financial Services		6.2
Oil, Gas & Consumable Fuels		5.6
Food & Staples Retailing		3.4
Media		3.4
Real Estate Management & Development		2.8
Chemicals		2.6
Industrial Conglomerates		2.5
Specialty Retail		2.5
Construction & Engineering		2.4
Insurance		2.1
Software		1.9
Diversified Telecommunication Services		1.4
Construction Materials		1.3
Capital Markets		1.1
Food Products		1.1
Aerospace & Defense		1.0
Health Care Providers & Services		0.8
Household Durables		0.8
Multiline Retail		0.8
Distributors		0.6
Tobacco		0.6
Semiconductors & Semiconductor Equipment		0.5
Electronic Equipment, Instruments & Components		0.4
Hotels, Restaurants & Leisure		0.3
Marine		0.3
Electrical Equipment		0.2
Paper & Forest Products		0.2
Health Care Equipment & Supplies		0.1
Internet Software & Services		0.1
Trading Companies & Distributors		0.1
Communications Equipment		0.0	***
Short Term Investments		4.1
Other Assets & Liabilities		(2.6	)
TOTAL		100.0	%

*	The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time.
**	Each security is valued based on Level 1 inputs. (See accompanying Notes to Schedules of Investments)
***	Amount represents less than 0.05% of net assets.

31

SPDR S&P World ex-US ETF
SCHEDULE OF INVESTMENTS

June 30, 2010 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS — 99.6%
AUSTRALIA — 7.3%
Abacus Property Group		293,313	$	101,576
Alumina, Ltd.		52,891		68,128
Amcor, Ltd.		10,513		56,653
AMP, Ltd.		20,447		89,980
Ansell, Ltd.		13,368		148,255
APA Group (a)		54,641		166,149
Aristocrat Leisure, Ltd. (a)		19,295		59,649
Australia & New Zealand Banking Group, Ltd.		16,725		305,280
BHP Billiton, Ltd.		27,179		864,322
Billabong International, Ltd. (a)		10,880		80,319
BlueScope Steel, Ltd. (b)		25,388		45,032
Brambles, Ltd.		17,978		82,911
Bunnings Warehouse Property Trust (a)		139,284		221,763
Commonwealth Bank of Australia		10,493		431,092
Computershare, Ltd.		10,887		97,566
ConnectEast Group		207,505		66,602
CSL, Ltd.		6,344		174,579
CSR, Ltd. (a)		54,218		76,936
DUET Group (a)		75,105		102,452
Envestra, Ltd.		240,871		99,691
Foster’s Group, Ltd.		21,671		103,420
GWA International, Ltd. (a)		43,997		111,858
Harvey Norman Holdings, Ltd. (a)		32,827		91,778
Hills Industries, Ltd. (a)		37,714		68,489
Insurance Australia Group, Ltd.		24,784		71,384
Lend Lease Group		13,971		86,499
Macquarie Group, Ltd. (a)		3,392		106,351
MAp Group		34,387		78,131
National Australia Bank, Ltd.		13,118		257,945
Newcrest Mining, Ltd.		5,205		154,314
Origin Energy, Ltd.		9,959		125,673
OZ Minerals, Ltd. (b)		66,609		54,011
Perpetual, Ltd. (a)		2,710		64,687
QBE Insurance Group, Ltd.		8,584		131,959
Rio Tinto, Ltd. (a)		3,931		221,333
Santos, Ltd.		9,933		105,713
Sonic Healthcare, Ltd. (a)		10,042		88,467
Suncorp-Metway, Ltd.		14,760		100,235
Tatts Group, Ltd.		43,396		82,106
Toll Holdings, Ltd.		10,793		49,957
Wesfarmers, Ltd.		9,865		238,725
Westfield Group		13,244		136,252
Westpac Banking Corp.		16,314		292,541
Woodside Petroleum, Ltd.		5,915		209,037
Woolworths, Ltd.		11,839		270,195
WorleyParsons, Ltd.		3,248		60,931
				6,700,926
AUSTRIA — 0.2%
Erste Group Bank AG		2,155		69,568
OMV AG		2,295		69,548
Voestalpine AG (a)		2,435		67,437
				206,553
BELGIUM — 1.1%
Ageas		30,343		68,796
Anheuser-Busch InBev NV		5,812		282,914
Bekaert NV		935		157,304
Delhaize Group		1,648		120,573
Dexia SA (b)		11,216		39,691
Fortis VVPR Strip (b)		592		1
Gimv NV (a)(b)		1,818		82,639
KBC Groep NV (b)		1,760		68,631
UCB SA (a)		2,215		70,094
Umicore		3,230		94,381
				985,024
CANADA — 8.6%
AGF Management, Ltd.		4,352		58,605
Agnico-Eagle Mines, Ltd. (a)		1,840		111,822
Agrium, Inc.		2,461		120,427
Bank of Montreal (a)		3,940		214,083
Bank of Nova Scotia (a)		5,871		270,995
Barrick Gold Corp.		7,871		357,904
Bombardier, Inc.		19,360		88,178
Brookfield Asset Management, Inc. (Class A)		4,744		107,456
Cameco Corp. (a)		5,184		110,446
Canadian Imperial Bank of Commerce		2,904		180,747
Canadian National Railway Co. (a)		4,525		259,794
Canadian Natural Resources, Ltd.		9,906		329,345
Canadian Oil Sands Trust		4,526		114,955
Canadian Pacific Railway, Ltd.		2,323		124,736
Canadian Western Bank (a)		5,503		122,421
Cenovus Energy, Inc.		5,023		129,516
CGI Group, Inc. (Class A) (b)		9,687		144,396
Crescent Point Energy Corp. (a)		4,646		162,467
EnCana Corp.		6,160		186,890
Fairfax Financial Holdings, Ltd.		281		103,097
First Quantum Minerals, Ltd. (a)		1,143		57,599
Gildan Activewear, Inc. (a)(b)		3,274		94,216
Goldcorp, Inc.		6,556		287,560
Husky Energy, Inc.		4,515		107,240
IAMGOLD Corp.		5,518		97,467
Imperial Oil, Ltd.		3,931		143,457
Kinross Gold Corp.		7,164		122,698
Magna International, Inc. (Class A)		1,847		121,893
Manulife Financial Corp. (a)		13,570		197,296
MDS, Inc. (b)		7,204		60,878
Nexen, Inc.		6,453		127,159
Potash Corp. of Saskatchewan, Inc.		2,740		236,419
Research In Motion, Ltd. (b)		4,222		207,912
Richelieu Hardware, Ltd.		6,200		135,826
Rogers Communications, Inc. (Class B) (a)		4,917		160,931
Royal Bank of Canada (a)		9,244		441,040
Russel Metals, Inc. (a)		6,087		103,908
Shaw Communications, Inc. (a)		5,322		96,008
Sherritt International Corp. (a)		10,632		57,230
Sino-Forest Corp. (b)		3,679		52,382
Sun Life Financial, Inc. (a)		5,047		132,794
Suncor Energy, Inc.		14,211		418,981
Talisman Energy, Inc.		11,240		170,295
Teck Resources, Ltd. (Class B)		5,241		155,260
TELUS Corp. (Non-Voting) (a)		2,430		88,085
TMX Group, Inc.		2,687		70,269

32

SPDR S&P World ex-US ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
Toronto-Dominion Bank (a)		5,838	$	378,963
TransCanada Corp. (a)		5,788		193,959
Yamana Gold, Inc.		8,775		90,174
				7,906,179
CHINA — 0.6%
Chong Hing Bank, Ltd.		48,000		91,720
Dah Sing Banking Group, Ltd. (b)		76,470		97,906
Dah Sing Financial Holdings, Ltd. (b)		11,617		66,386
Hongkong Land Holdings, Ltd. (a)		25,000		124,500
Sino Land Co., Ltd.		54,559		98,368
Transport International Holdings, Ltd.		40,800		118,148
				597,028
DENMARK — 1.1%
A P Moller — Maersk A/S		22		175,310
Danske Bank A/S (b)		4,905		95,255
DSV A/S		5,967		86,689
FLSmidth & Co. A/S (a)		1,535		100,081
GN Store Nord A/S (b)		14,057		98,469
Novo-Nordisk A/S (Class B)		3,633		295,175
SimCorp A/S		438		70,151
Vestas Wind Systems A/S (b)		2,089		87,698
				1,008,828
FINLAND — 1.5%
Amer Sports Oyj (Class A) (a)		9,776		92,923
Elisa Oyj (b)		3,621		63,071
Fortum Oyj		2,937		65,043
Kemira Oyj (b)		4,798		51,836
Kesko Oyj (Class B)		2,309		75,318
Kone Oyj (Class B)		3,165		127,004
Konecranes Oyj (a)		2,802		73,757
Lassila & Tikanoja Oyj		4,830		78,095
Metso Oyj		2,398		77,898
Neste Oil Oyj (a)		3,804		55,681
Pohjola Bank PLC		5,951		61,122
Sampo Oyj (Class A)		3,974		84,553
Sanoma Oyj (a)		4,002		69,462
Stockmann Oyj Abp (Class B)		2,567		79,551
Stora Enso Oyj		7,804		57,116
Tikkurila Oy (a)(b)		1,198		22,598
UPM-Kymmene Oyj		5,685		76,042
Wartsila Oyj (a)		1,716		78,759
YIT Oyj		3,528		63,871
				1,353,700
FRANCE — 7.5%
Accor SA (a)(b)		2,217		103,872
Air Liquide SA		1,767		180,641
Alcatel-Lucent (a)(b)		25,931		67,401
Alstom SA (a)		2,005		92,048
AXA SA		14,445		225,506
BNP Paribas		6,406		351,297
Bourbon SA (a)		1,774		72,110
Bouygues SA		2,458		96,120
Cap Gemini SA		1,859		82,647
Carrefour SA		5,034		201,880
Casino Guichard-Perrachon SA		1,036		79,160
Cie de Saint-Gobain		3,865		146,264
Compagnie Generale de Geophysique-Veritas (b)		2,878		51,998
Compagnie Generale des Etablissements Michelin		1,490		105,363
Credit Agricole SA		7,877		83,315
Danone SA		5,234		283,372
EDF SA		1,986		76,458
Essilor International SA		2,741		164,448
France Telecom SA (a)		13,572		237,479
GDF Suez		9,810		282,382
Guyenne et Gascogne SA		1,060		100,716
Hermes International		971		129,583
L’Oreal SA		1,904		188,839
Lafarge SA (a)		1,521		83,978
Lagardere SCA		2,020		63,614
LVMH Moet Hennessy Louis Vuitton SA		1,623		178,544
Nexans SA		1,105		65,287
Pernod — Ricard SA (a)		2,050		160,657
Peugeot SA (b)		1,960		50,573
PPR		885		111,168
Publicis Groupe SA (a)		2,603		104,835
Renault SA (b)		1,780		67,121
Sanofi-Aventis		7,620		462,300
Schneider Electric SA		2,196		224,982
Societe Generale		4,915		206,499
Sodexo (a)		1,506		84,395
Technip SA		1,587		92,530
Total SA		16,919		766,066
Unibail-Rodamco SE		632		104,315
Valeo SA (b)		1,895		52,238
Vallourec SA		659		115,229
Veolia Environnement		4,363		103,438
Vinci SA (a)		4,230		177,927
Vivendi SA		7,940		163,538
				6,842,133
GERMANY — 6.6%
Adidas AG		2,518		122,986
Allianz SE		3,404		341,279
BASF SE		6,612		365,348
Bayer AG		6,082		342,693
Bayerische Motoren Werke AG		2,858		140,258
Bilfinger Berger AG		1,363		76,206
Commerzbank AG (a)(b)		9,092		64,315
Daimler AG (b)		7,804		400,718
Deutsche Bank AG		4,755		272,000
Deutsche Boerse AG		1,904		116,797
Deutsche Post AG		7,743		113,908
Deutsche Telekom AG		21,952		260,904
E.ON AG		13,210		358,893
Fresenius Medical Care AG & Co. KGaA		2,264		122,921
Fresenius SE Preference Shares		1,530		101,670
GEA Group AG		4,391		88,289
Henkel AG & Co. KGaA Preference Shares		2,912		143,033
Hochtief AG		1,128		67,965
Infineon Technologies AG (b)		16,918		99,843
K+S AG		1,734		80,456

33

SPDR S&P World ex-US ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
Lanxess AG		2,348	$	100,130
Linde AG		1,180		125,040
MAN SE		1,329		110,615
Merck KGaA		1,048		77,009
Muenchener Rueckversicherungs- Gesellschaft AG		1,694		214,449
Porsche Automobil Holding SE		973		42,066
Puma AG Rudolf Dassler Sport		260		69,555
Rheinmetall AG		1,578		90,991
RWE AG		3,427		225,502
Salzgitter AG		674		40,445
SAP AG		7,190		323,042
Siemens AG		6,682		605,838
ThyssenKrupp AG		3,383		84,327
Volkswagen AG (a)		737		63,156
Volkswagen AG Preference Shares		1,177		104,351
Wincor Nixdorf AG		1,457		82,247
				6,039,245
GREECE — 0.2%
Hellenic Telecommunications Organization SA ADR (a)(b)		15,029		56,209
National Bank of Greece SA ADR		41,748		90,593
				146,802
HONG KONG — 2.2%
Bank of East Asia, Ltd.		32,381		117,887
CLP Holdings, Ltd.		18,500		134,109
Esprit Holdings, Ltd.		19,949		108,748
Giordano International, Ltd.		304,000		130,389
Hang Lung Group, Ltd.		26,000		141,233
Hang Lung Properties, Ltd.		38,000		147,127
Hong Kong Exchanges and Clearing, Ltd.		12,200		192,075
Hopewell Holdings		26,500		75,207
Hysan Development Co., Ltd.		45,083		128,525
Li & Fung, Ltd.		44,000		198,609
New World Development Co., Ltd.		64,357		105,620
Pacific Basin Shipping, Ltd.		112,000		70,331
Swire Pacific, Ltd.		15,000		171,436
The Link REIT		50,691		126,286
Wheelock & Co., Ltd.		43,000		122,587
Wing Hang Bank, Ltd.		9,000		88,473
				2,058,642
IRELAND — 0.9%
Anglo Irish Bank Corp. PLC (c)		5,635		0
C&C Group PLC		65		257
Covidien PLC		3,925		157,707
CRH PLC		6,429		134,976
DCC PLC		4,694		106,714
Grafton Group PLC		15,757		56,358
Ingersoll-Rand PLC (a)		3,311		114,196
Kingspan Group PLC (b)		9,715		71,995
United Drug PLC		27,586		77,278
Willis Group Holdings PLC (a)		3,108		93,395
				812,876
ITALY — 2.5%
Assicurazioni Generali SpA		9,304		164,451
Atlantia SpA		4,755		84,978
Banca Piccolo Credito Valtellinese Scarl (a)		9,844		45,277
Banca Popolare dell’Etruria e del Lazio Scrl (b)		15,391		62,025
Banca Popolare di Milano Scarl		10,418		43,419
Banco Popolare Societa Cooperativa Scarl (a)		10,149		56,563
Davide Campari-Milano SpA		24,448		121,133
Enel SpA		28,721		122,779
Eni SpA		18,481		343,862
Fiat SpA (b)		8,663		90,355
Finmeccanica SpA		5,045		52,774
Intesa Sanpaolo SpA		79,011		211,466
Parmalat SpA		38,957		91,333
Pirelli & C. SpA (b)		138,380		77,208
Saipem SpA		3,982		123,061
Societa Cattolica di Assicurazioni Scrl		2,829		71,038
Telecom Italia SpA (b)		116,083		129,393
UBI Banca ScpA		7,500		65,226
UniCredit SpA		134,617		303,237
				2,259,578
JAPAN — 19.7%
Advantest Corp. (a)		3,900		83,033
Aeon Co., Ltd. (a)		8,620		92,054
Aoyama Trading Co., Ltd.		6,800		122,491
Asahi Breweries, Ltd. (a)		7,936		135,151
Asahi Kasei Corp.		21,550		113,729
Astellas Pharma, Inc.		4,310		145,631
Bridgestone Corp. (a)		6,465		103,306
Canon, Inc.		8,416		316,706
Casio Computer Co., Ltd. (a)		11,000		66,878
Central Japan Railway Co.		22		182,484
Chubu Electric Power Co., Inc.		6,465		160,876
Chugai Pharmaceutical Co., Ltd. (a)		4,580		81,984
Chuo Mitsui Trust Holdings, Inc. (a)		21,550		76,956
Credit Saison Co., Ltd. (a)		6,800		72,157
Daiichi Sankyo Co., Ltd.		6,465		116,164
Daikin Industries, Ltd.		4,310		133,309
Daito Trust Construction Co., Ltd.		2,155		122,496
Daiwa Securities Group, Inc.		21,550		92,054
Denso Corp. (a)		4,310		120,596
East Japan Railway Co.		2,300		154,130
Eisai Co., Ltd. (a)		2,251		75,169
Fanuc, Ltd.		2,155		246,940
Fast Retailing Co., Ltd.		1,000		152,786
FUJIFILM Holdings Corp.		4,310		126,051
Fujitsu, Ltd. (a)		25,513		161,745
Fukuoka Financial Group, Inc. (a)		21,550		90,593
Furukawa Electric Co., Ltd. (a)		20,550		91,034
Hankyu Hanshin Holdings, Inc.		22,513		99,730
Hitachi, Ltd. (a)(b)		38,475		140,874
Honda Motor Co., Ltd. (a)		10,375		304,485
Hoya Corp.		5,806		125,056
Ibiden Co., Ltd. (a)		2,600		71,104
Isuzu Motors, Ltd.		28,000		85,433
ITOCHU Corp.		21,550		171,689
Japan Digital Laboratory Co., Ltd.		13,120		145,893
Japan Tobacco, Inc.		40		125,528
JFE Holdings, Inc.		4,310		135,403

34

SPDR S&P World ex-US ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
JSR Corp.		4,400	$	74,883
JX Holdings, Inc. (b)		43,700		215,809
Kajima Corp. (a)		36,475		83,675
KDDI Corp.		22		105,537
Kintetsu Corp. (a)		37,101		113,622
Kirin Holdings Co., Ltd. (a)		7,000		88,756
Kiyo Holdings, Inc.		64,651		88,403
Komatsu, Ltd.		8,320		152,127
Konica Minolta Holdings, Inc.		10,775		105,083
Kubota Corp.		17,550		136,449
Kurita Water Industries, Ltd. (a)		2,910		80,437
Kyocera Corp.		2,155		176,803
Marubeni Corp.		23,550		122,687
MEDIPAL HOLDINGS Corp.		6,999		83,681
MISUMI Group, Inc. (a)		6,657		124,278
Mitsubishi Corp.		12,338		259,894
Mitsubishi Electric Corp.		21,550		170,471
Mitsubishi Estate Co., Ltd.		7,925		111,679
Mitsubishi Heavy Industries, Ltd.		43,101		150,505
Mitsubishi Motors Corp. (a)(b)		63,613		81,233
Mitsubishi UFJ Financial Group, Inc.		83,024		379,983
Mitsui & Co., Ltd.		18,626		221,853
Mitsui Chemicals, Inc. (a)		21,550		61,126
Mitsui OSK Lines, Ltd.		18,550		124,519
Mizuho Financial Group, Inc. (a)		105,600		175,423
MS&AD Insurance Group Holdings, Inc.		4,599		99,734
Murata Manufacturing Co., Ltd.		2,200		106,283
NGK Insulators, Ltd. (a)		3,000		47,294
Nidec Corp. (a)		2,200		186,462
Nikon Corp. (a)		4,000		70,110
Nintendo Co., Ltd.		300		89,332
Nippon Steel Corp.		43,101		144,173
Nippon Telegraph & Telephone Corp.		2,500		102,837
Nippon Yusen KK		21,550		79,634
Nissan Motor Co., Ltd. (b)		17,141		121,260
Nitto Denko Corp.		3,600		119,566
NKSJ Holdings, Inc. (b)		19,000		113,583
Nomura Holdings, Inc.		27,385		151,331
NTT Data Corp.		23		85,772
NTT DoCoMo, Inc.		145		220,392
Obayashi Corp. (a)		21,550		86,453
Olympus Corp. (a)		3,000		71,873
ORIX Corp. (a)		851		62,510
Panasonic Corp.		17,450		221,256
Resona Holdings, Inc. (a)		6,500		80,139
Rohm Co., Ltd.		2,200		133,507
Rohto Pharmaceutical Co., Ltd.		7,701		94,511
Sanyo Electric Co., Ltd. (a)(b)		37,000		48,085
Secom Co., Ltd.		2,348		104,942
Seven & I Holdings Co., Ltd. (a)		8,128		188,021
Sharp Corp. (a)		8,000		85,524
Shimizu Corp.		22,513		77,850
Shin-Etsu Chemical Co., Ltd.		4,117		194,242
Softbank Corp.		7,936		212,637
Sony Corp.		8,320		224,054
Stanley Electric Co., Ltd.		3,873		64,907
Sumitomo Chemical Co., Ltd. (a)		21,550		84,505
Sumitomo Corp. (a)		12,775		129,497
Sumitomo Electric Industries, Ltd.		8,320		98,441
Sumitomo Metal Industries, Ltd.		42,101		96,582
Sumitomo Metal Mining Co., Ltd.		5,000		63,284
Sumitomo Mitsui Financial Group, Inc.		6,500		186,428
Sumitomo Realty & Development Co., Ltd. (a)		4,000		69,025
T&D Holdings, Inc.		3,355		72,757
Taisei Corp. (a)		44,438		89,890
Taiyo Yuden Co., Ltd. (a)		6,000		82,043
Takeda Pharmaceutical Co., Ltd.		6,465		279,086
Takeuchi Manufacturing Co., Ltd. (b)		8,300		97,735
TDK Corp. (a)		2,155		119,695
Teijin, Ltd.		25,550		76,803
Terumo Corp.		2,348		113,566
The Akita Bank, Ltd. (a)		21,550		75,251
The Aomori Bank, Ltd.		43,101		105,208
The Awa Bank, Ltd. (a)		21,550		133,698
The Bank of Iwate, Ltd. (a)		2,155		122,009
The Bank of Okinawa, Ltd.		2,155		76,469
The Bank of Yokohama, Ltd.		21,550		99,604
The Chiba Bank, Ltd.		17,550		106,899
The Daisan Bank, Ltd.		64,651		195,801
The Daishi Bank, Ltd.		38,176		125,973
The Eighteenth Bank, Ltd.		39,251		110,004
The Higo Bank, Ltd.		21,550		119,817
The Hokkoku Bank, Ltd.		21,550		80,365
The Hyakugo Bank, Ltd.		21,550		93,272
The Musashino Bank, Ltd.		2,155		62,295
The Nanto Bank, Ltd. (a)		19,550		101,185
The Ogaki Kyoritsu Bank, Ltd.		21,550		66,484
The San-In Godo Bank, Ltd.		16,550		128,113
The Shiga Bank, Ltd.		21,550		125,905
The Shikoku Bank, Ltd.		38,101		124,004
The Sumitomo Trust & Banking Co., Ltd.		21,550		111,293
The Toho Bank, Ltd.		43,101		141,738
The Tokyo Electric Power Co., Inc.		8,975		244,533
The Yamagata Bank, Ltd.		29,176		138,478
The Yamanashi Chuo Bank, Ltd.		21,550		88,645
Tokio Marine Holdings, Inc.		6,465		171,835
Tokyo Electron, Ltd.		2,155		118,234
Tokyo Gas Co., Ltd.		23,475		107,440
Tokyu Corp.		21,550		88,158
Toray Industries, Inc. (a)		21,550		104,231
Toshiba Corp. (a)(b)		36,513		183,617
Toyota Motor Corp.		17,788		619,133
USS Co., Ltd.		1,891		136,125
Yamada Denki Co., Ltd. (a)		1,498		98,693
				18,082,734
LUXEMBOURG — 0.5%
ArcelorMittal		6,588		180,397
Millicom International Cellular SA		1,226		99,392
Tenaris SA		5,028		88,132
Ternium SA ADR (a)		1,961		64,556
				432,477
NETHERLANDS — 2.4%
Aegon NV (b)		15,964		86,626

35

SPDR S&P World ex-US ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
Akzo Nobel NV		2,741	$	144,387
ASML Holding NV		5,213		146,002
European Aeronautic Defence and Space Co. NV (a)(b)		4,443		91,810
Fugro NV (a)		1,703		79,810
Heineken NV (a)		2,741		117,074
ING Groep NV (b)		29,489		223,084
Koninklijke (Royal) KPN NV		11,753		150,801
Koninklijke Ahold NV		12,362		153,921
Koninklijke DSM NV		2,901		116,730
Koninklijke Philips Electronics NV		9,085		275,090
SBM Offshore NV		3,726		53,878
TNT NV		4,260		108,432
Unilever NV		12,619		348,401
Wolters Kluwer NV		4,050		78,257
				2,174,303
NEW ZEALAND — 0.3%
Fisher & Paykel Healthcare Corp., Ltd.		76,340		163,785
Port of Tauranga, Ltd.		33,232		151,966
				315,751
NORWAY — 0.7%
DnB NOR ASA		10,851		105,371
Norsk Hydro ASA (a)		10,082		46,122
Orkla ASA		12,602		81,273
StatoilHydro ASA		8,887		172,734
Storebrand ASA (b)		9,207		47,853
Telenor ASA		7,317		92,993
Yara International ASA		3,253		92,541
				638,887
PAPUA NEW GUINEA — 0.1%
Lihir Gold, Ltd.		31,394		114,288
PORTUGAL — 0.3%
Banco Comercial Portugues SA		47,468		36,049
Mota — Engil, SGPS SA (a)		18,700		49,018
Portugal Telecom, SGPS SA		11,019		110,407
Teixeira Duarte — Engenharia Construcoes SA (b)		56,777		68,155
				263,629
SINGAPORE — 1.4%
Ascendas REIT		80,000		104,290
CapitaLand, Ltd.		40,000		103,144
City Developments, Ltd. (a)		22,000		174,916
Cosco Corp. Singapore, Ltd. (a)		91,000		97,121
Flextronics International, Ltd. (a)(b)		15,551		87,086
Genting Singapore PLC (b)		88,400		74,084
K-Green Trust (b)		4,995		3,757
Keppel Corp., Ltd.		24,978		152,255
SembCorp Industries, Ltd.		50,000		146,121
Singapore Exchange, Ltd. (a)		20,000		105,866
UOL Group, Ltd.		53,000		144,259
Wilmar International, Ltd. (a)		19,000		78,662
				1,271,561
SOUTH KOREA — 3.5%
Hyundai Securities Co., Ltd. (b)		5,720		55,002
KIWOOM Securities Co., Ltd.		2,319		78,472
Korea Electric Power Corp. ADR (a)(b)		15,534		200,078
KT Corp. ADR (a)		16,308		312,624
LG Display Co., Ltd. ADR (a)		13,978		225,046
LG Electronics, Inc.		695		53,463
POSCO ADR (a)		5,183		488,860
Samsung Electronics Co., Ltd. GDR (b)		4,368		1,383,564
SK Energy Co., Ltd.		906		81,557
SK Telecom Co., Ltd. ADR		19,346		284,967
				3,163,633
SPAIN — 3.4%
Abertis Infraestructuras SA		7,751		112,411
Acciona SA (a)		688		52,915
Acerinox SA		4,167		65,486
ACS, Actividades de Construccion y Servicios SA (a)		2,773		102,545
Banco Bilbao Vizcaya Argentaria SA		21,983		231,895
Banco de Sabadell SA (a)		15,833		72,145
Banco de Valencia SA (a)		10,810		48,463
Banco Popular Espanol SA (a)		13,274		68,403
Banco Santander SA		50,018		535,474
Ebro Puleva SA		7,121		120,981
Enagas (a)		6,303		95,658
Faes Farma SA (d)		14,637		50,649
Faes Farma SA (b)(d)		1,218		4,133
Ferrovial SA (a)		6,576		43,094
Gamesa Corp. Tecnologica SA (a)		4,759		41,376
Gestevision Telecinco SA (a)		9,022		81,037
Iberdrola SA		31,972		181,401
Iberia Lineas Aereas de Espana (b)		26,037		74,438
Indra Sistemas SA (a)		5,936		95,832
Industria de Diseno Textil SA		2,904		167,487
NH Hoteles SA (a)(b)		14,031		42,966
Red Electrica Corporacion SA (a)		2,746		99,024
Repsol YPF SA		9,019		184,105
Sacyr Vallehermoso SA (a)(b)		4,786		24,053
Telefonica SA		30,234		564,948
				3,160,919
SWEDEN — 2.4%
Alfa Laval AB (a)		7,331		96,277
Assa Abloy AB (Class B) (a)		6,299		127,243
Atlas Copco AB (Class B)		13,860		185,049
Boliden AB (a)		4,938		55,364
Electrolux AB		4,743		109,646
Hennes & Mauritz AB (Class B)		6,688		185,291
Investor AB		2,438		39,787
Kinnevik Investment AB (Class B) (a)		5,604		90,663
Nordea Bank AB		16,458		137,256
Sandvik AB (a)		10,094		124,651
Scania AB (Class B)		6,108		94,186
Securitas AB (Class B)		8,998		82,210
Skandinaviska Enskilda Banken AB (Class C)		14,594		85,704
Skanska AB (Class B)		7,631		111,396
Tele2 AB (Class B)		6,081		91,582

36

SPDR S&P World ex-US ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
Telefonaktiebolaget LM Ericsson (Class B)		27,160	$	304,512
TeliaSonera AB		16,623		107,552
Volvo AB ADR (Class A) (b)		14,758		157,877
				2,186,246
SWITZERLAND — 7.6%
ABB, Ltd. (b)		17,844		313,906
ACE, Ltd.		2,085		107,336
Adecco SA		1,969		94,492
Alcon, Inc.		769		113,958
Bachem Holding AG (Class B)		1,845		110,442
Clariant AG (b)		6,774		86,438
Compagnie Financiere Richemont SA		2,536		89,249
Credit Suisse Group AG (b)		7,863		298,376
Foster Wheeler AG (a)(b)		2,208		46,500
Geberit AG		651		101,723
Holcim, Ltd.		2,323		156,935
Julius Baer Group, Ltd.		1,964		56,387
Kuehne & Nagel International AG		1,208		125,242
Lonza Group AG (a)		1,094		73,299
Nestle SA		22,553		1,091,730
Nobel Biocare Holding AG		2,767		47,983
Noble Corp. (b)		2,329		71,989
Novartis AG		18,144		885,032
PSP Swiss Property AG (b)		2,099		125,841
Roche Holding AG		5,630		778,442
SGS SA		82		111,174
STMicroelectronics NV		14,186		114,424
Sulzer AG		805		75,622
Swiss Life Holding AG (b)		557		53,719
Swiss Reinsurance Co., Ltd.		3,557		147,478
Syngenta AG		912		211,942
The Swatch Group AG		503		142,968
Transocean, Ltd. (a)(b)		2,453		113,647
Tyco Electronics, Ltd.		5,028		127,611
Tyco International, Ltd.		4,293		151,242
UBS AG (b)		26,955		361,450
Weatherford International, Ltd. (b)		6,010		78,971
Xstrata PLC		15,634		207,423
Zurich Financial Services AG		1,108		246,085
				6,919,056
UNITED KINGDOM — 16.9%
3i Group PLC		13,578		54,056
AMEC PLC		7,139		88,222
Anglo American PLC (b)		10,366		364,529
AstraZeneca PLC		12,079		572,682
Aviva PLC		22,176		104,211
BAE Systems PLC		28,623		134,250
Balfour Beatty PLC		19,850		71,066
Barclays PLC		86,535		350,267
Barratt Developments PLC (b)		12,174		17,266
BG Group PLC		28,833		433,958
BHP Billiton PLC		17,760		466,183
BP PLC		144,791		690,806
British American Tobacco PLC		12,733		407,000
British Land Co. PLC		10,493		68,383
British Sky Broadcasting Group PLC		13,175		138,076
BT Group PLC		61,732		120,157
Burberry Group PLC		8,596		97,932
Cable & Wireless Communications PLC		29,574		25,552
Cable & Wireless Worldwide PLC		29,574		38,317
Cairn Energy PLC (b)		17,000		105,524
Capita Group PLC		12,748		141,326
Carnival PLC		2,886		94,256
Centrica PLC		39,582		175,702
Compass Group PLC		22,432		171,830
Diageo PLC		17,651		279,921
Experian PLC		13,934		122,161
FirstGroup PLC		10,016		54,785
G4S PLC		23,447		93,766
GlaxoSmithKline PLC		40,911		699,595
Hays PLC		44,317		60,800
HSBC Holdings PLC		124,531		1,146,183
ICAP PLC		10,442		63,301
Imperial Tobacco Group PLC		8,482		238,443
Informa PLC		14,447		76,882
Intercontinental Hotels Group PLC		7,838		124,652
International Power PLC		18,357		82,474
Invensys PLC		14,405		52,068
J Sainsbury PLC		14,787		71,125
Kingfisher PLC		29,313		92,622
Land Securities Group PLC		7,897		65,985
Legal & General Group PLC		62,984		74,112
Lloyds Banking Group PLC (b)		260,713		209,458
Lonmin PLC (b)		2,197		46,379
Man Group PLC		17,882		59,740
Marks & Spencer Group PLC		18,805		93,349
Mondi PLC		9,647		55,437
National Grid PLC		29,607		217,488
Next PLC		3,020		90,771
Old Mutual PLC		54,785		84,833
Pearson PLC		9,343		124,125
Persimmon PLC (b)		8,247		43,184
Prudential PLC		21,407		162,857
Randgold Resources, Ltd.		1,349		129,672
Reckitt Benckiser Group PLC		5,504		257,905
Rentokil Initial PLC (b)		45,073		72,761
Resolution, Ltd.		22,012		20,846
Rio Tinto PLC		10,733		476,671
Rolls-Royce Group PLC (b)		18,410		154,930
Royal Bank of Scotland Group PLC (b)		153,318		95,032
Royal Dutch Shell PLC (Class A)		26,826		682,685
Royal Dutch Shell PLC (Class B)		20,664		504,230
RSA Insurance Group PLC		37,604		67,286
SABMiller PLC		7,752		219,082
Scottish & Southern Energy PLC		7,425		124,305
Serco Group PLC		13,422		118,074
Shire PLC		6,968		143,237
Smith & Nephew PLC		13,588		129,191
Smiths Group PLC		6,386		102,420
Standard Chartered PLC		11,931		292,918
Standard Life PLC		26,538		69,283
Tate & Lyle PLC		11,089		74,606
Tesco PLC		61,596		350,230
The Sage Group PLC		23,385		81,028

37

SPDR S&P World ex-US ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
Tomkins PLC		28,248	$	95,850
Tullow Oil PLC		9,760		146,457
Unilever PLC		11,068		298,224
Virgin Media, Inc. (a)		4,804		80,179
Vodafone Group PLC		395,224		822,786
William Hill PLC		34,027		87,205
William Morrison Supermarkets PLC		27,389		109,039
Wolseley PLC (b)		3,996		80,051
WPP PLC		12,539		119,217
				15,523,447
UNITED STATES — 0.1%
Kraft Foods, Inc. (Class A)		2,278		63,784
TOTAL COMMON STOCKS —
(Cost $95,801,908)				91,228,229
RIGHTS — 0.0% (e)
NORWAY — 0.0% (e)
Norsk Hydro ASA (expiring 07/09/10) (a)(b)		3,068		1,585
SPAIN — 0.0% (e)
Iberdrola SA (expired 06/28/10) (a)(b)(f)		31,972		6,977
TOTAL RIGHTS —
(Cost $7,497)				8,562
SHORT TERM INVESTMENTS — 8.0%
UNITED STATES — 8.0%
MONEY MARKET FUNDS — 8.0%
State Street Navigator Securities Lending Prime Portfolio (g)(h)		7,288,459		7,288,459
State Street Institutional Liquid Reserves Fund (g)		100		100
TOTAL SHORT TERM INVESTMENTS —
(Cost $7,288,559)				7,288,559
TOTAL INVESTMENTS — 107.6%
(Cost $103,097,964)				98,525,350
OTHER ASSETS AND LIABILITIES — (7.6)%				(6,946,416	)
NET ASSETS — 100.0%			$	91,578,934

(a)	Security, or portion thereof, was on loan at June 30, 2010.
(b)	Non-income producing security.
(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. Security value is determined based on Level 3 inputs. (See accompanying Notes to Schedules of Investments)
(d)	Reflects separate holdings of the issuer’s common stock traded on different securities exchanges.
(e)	Amount shown represents less than 0.05% of net assets.
(f)	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. Security value is determined based on Level 2 inputs. (See accompanying Notes to Schedules of Investments)
(g)	Affiliated Fund managed by SSgA Funds Management, Inc. (See accompanying Notes to Schedules of Investments)
(h)	Investments of cash collateral for securities loaned.

ADR = American Depositary Receipt

GDR = Global Depositary Receipt

REIT = Real Estate Investment Trust

38

SPDR S&P World ex-US ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

INDUSTRY BREAKDOWN AS OF June 30, 2010*

	PERCENT OF
INDUSTRY **	NET ASSETS
Commercial Banks		13.4	%
Oil, Gas & Consumable Fuels		7.7
Metals & Mining		6.6
Pharmaceuticals		5.7
Insurance		4.2
Chemicals		3.2
Diversified Telecommunication Services		2.8
Machinery		2.8
Food Products		2.7
Automobiles		2.4
Real Estate Management & Development		2.4
Semiconductors & Semiconductor Equipment		2.3
Food & Staples Retailing		2.2
Industrial Conglomerates		2.2
Wireless Telecommunication Services		2.1
Electric Utilities		2.0
Capital Markets		1.9
Electrical Equipment		1.7
Beverages		1.6
Construction & Engineering		1.6
Electronic Equipment, Instruments & Components		1.5
Trading Companies & Distributors		1.5
Health Care Equipment & Supplies		1.4
Media		1.3
Road & Rail		1.3
Specialty Retail		1.3
Multi-Utilities		1.2
Diversified Financial Services		1.1
Energy Equipment & Services		1.1
Textiles, Apparel & Luxury Goods		1.1
Hotels, Restaurants & Leisure		1.0
Real Estate Investment Trusts		1.0
Household Durables		0.9
Building Products		0.8
Tobacco		0.8
Auto Components		0.7
Commercial Services & Supplies		0.7
Aerospace & Defense		0.6
Communications Equipment		0.6
Computers & Peripherals		0.6
IT Services		0.6
Marine		0.6
Professional Services		0.6
Software		0.6
Gas Utilities		0.5
Multiline Retail		0.5
Office Electronics		0.5
Transportation Infrastructure		0.5
Construction Materials		0.4
Health Care Providers & Services		0.4
Household Products		0.4
Air Freight & Logistics		0.3
Paper & Forest Products		0.3
Biotechnology		0.2
Distributors		0.2
Leisure Equipment & Products		0.2
Life Sciences Tools & Services		0.2
Personal Products		0.2
Airlines		0.1
Consumer Finance		0.1
Containers & Packaging		0.1
Independent Power Producers & Energy Traders		0.1
Short Term Investments		8.0
Other Assets & Liabilities		(7.6	)
TOTAL		100.0	%

*	The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time.
**	Each security is valued based on Level 1 inputs except for Anglo Irish Bank Corp. PLC, which has level 3 and part of Commercial Banks Industry and Iberdrola SA, which was Level 2 and part of Electric Utilities Industry, both representing less than 0.05% of net assets. (See accompanying Notes to Schedules of Investments)

39

SPDR S&P International Small Cap ETF
SCHEDULE OF INVESTMENTS

June 30, 2010 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS — 98.9%
AUSTRALIA — 7.2%
Adelaide Brighton, Ltd.		585,039	$	1,324,331
Andean Resources, Ltd. (a)		93,900		267,284
Aquila Resources, Ltd. (a)(b)		39,255		260,612
Ausenco, Ltd. (b)		122,955		186,937
Austar United Communications, Ltd. (a)(b)		882,492		708,127
Austereo Group, Ltd.		1,182,823		1,668,450
AWE, Ltd. (a)		975,516		1,462,546
Beach Energy, Ltd.		1,484,888		865,406
Boart Longyear Group (a)		104,655		251,931
Campbell Brothers, Ltd. (b)		87,340		2,224,218
Centennial Coal Co., Ltd. (b)		490,843		1,853,220
Consolidated Media Holdings, Ltd. (b)		56,422		151,549
Cudeco, Ltd. (a)(b)		33,573		133,280
Eastern Star Gas, Ltd. (a)(b)		188,898		131,631
Elders, Ltd. (a)(b)		116,499		38,376
Emeco Holdings, Ltd.		200,974		98,457
Extract Resources, Ltd. (a)(b)		30,039		164,921
FKP Property Group (b)		269,190		154,613
Fleetwood Corp., Ltd. (b)		261,792		2,032,117
Goodman Fielder, Ltd.		969,069		1,100,915
Healthscope, Ltd. (b)		334,043		1,464,356
Iluka Resources, Ltd. (a)(b)		267,069		1,048,946
ING Office Fund		898,825		440,332
International Ferro Metals, Ltd. (a)		252,767		102,104
Invocare, Ltd. (b)		525,398		2,689,292
IOOF Holdings, Ltd. (b)		363,546		1,839,345
JB Hi-Fi, Ltd.		162,940		2,624,553
Kagara, Ltd. (a)(b)		184,909		75,749
Karoon Gas Australia, Ltd. (a)(b)		46,654		234,468
Linc Energy, Ltd. (a)		131,516		113,307
MacArthur Coal, Ltd.		36,179		370,370
Mirabela Nickel, Ltd. (a)(b)		88,938		153,248
Monadelphous Group, Ltd.		127,040		1,367,058
Mount Gibson Iron, Ltd. (a)		444,296		581,676
Oakton, Ltd.		208,430		422,521
Pacific Brands, Ltd. (a)		1,293,414		966,847
PanAust, Ltd. (a)		1,878,244		785,297
PaperlinX, Ltd. (a)		568,820		297,881
Programmed Maintenance Services, Ltd.		249,076		523,851
Record Realty (c)		213,188		0
Riversdale Mining, Ltd. (a)		119,332		1,063,375
Roc Oil Co., Ltd. (a)(b)		844,267		224,630
SAI Global, Ltd.		753,972		2,560,107
Sigma Pharmaceuticals, Ltd.		1,779,997		631,459
Silex Systems, Ltd. (a)		23,941		93,020
Spark Infrastructure Group		1,221,670		1,181,507
Spotless Group, Ltd.		364,926		659,623
STW Communications Group, Ltd.		711,354		549,773
Transfield Services, Ltd.		182,756		480,075
Transpacific Industries Group, Ltd. (a)(b)		118,085		99,242
Whitehaven Coal Ltd.		64,100		259,882
WHK Group, Ltd. (b)		787,864		648,833
				39,631,648
AUSTRIA — 0.5%
Atrium European Real Estate, Ltd.		72,729		316,522
bwin Interactive Entertainment AG		19,489		867,631
BWT AG		31,316		710,408
Schoeller-Bleckmann Oilfield Equipment AG		23,235		1,062,290
				2,956,851
BELGIUM — 1.0%
AGFA-Gevaert NV (a)		112,045		649,164
Barco NV (a)		36,306		1,633,873
EVS Broadcast Equipment SA (b)		17,925		726,974
KBC Ancora (a)		8,502		152,358
Nyrstar (b)		15,930		165,663
RHJ International (a)		165,507		1,238,678
Tessenderlo Chemie NV		33,992		870,209
				5,436,919
BERMUDA — 0.4%
Catlin Group, Ltd.		159,163		837,481
Frontline, Ltd.		33,548		981,190
Golden Ocean Group, Ltd.		181,359		221,151
Ship Finance International, Ltd. (b)		26,255		469,439
				2,509,261
CANADA — 11.1%
Alamos Gold, Inc.		38,572		592,745
AltaGas Income Trust		94,114		1,635,803
Anvil Mining, Ltd. (a)		141,297		372,307
Aurizon Mines, Ltd. (a)		60,693		299,281
Bankers Petroleum, Ltd. (a)		84,224		556,394
Birchcliff Energy, Ltd. (a)		31,868		290,895
Canadian Western Bank (b)		97,557		2,170,280
Centerra Gold, Inc. (a)		32,310		356,348
Compton Petroleum Corp. (a)		189,035		106,734
Corus Entertainment, Inc. (Class B)		138,353		2,445,085
Cott Corp. (a)		27,182		158,081
Daylight Energy, Ltd.		104,494		878,117
Denison Mines Corp. (a)		141,990		169,696
Detour Gold Corp. (a)		20,237		450,388
Dundee Corp. (Class A) (a)		85,037		973,886
Dundee Real Estate Investment Trust		114,782		2,640,964
DundeeWealth, Inc.		85,695		1,090,290
Equinox Minerals, Ltd. (a)		214,041		751,304
European Goldfields, Ltd. (a)		43,270		277,296
First Uranium Corp. (a)(b)		34,194		36,361
FirstService Corp. (a)		61,597		1,283,355
Freehold Royalty Trust		79,204		1,180,625
Fronteer Gold, Inc. (a)		36,378		218,751
Gammon Gold, Inc. (a)		101,913		558,165
GMP Capital, Inc.		92,570		811,017
Golden Star Resources, Ltd. (a)		459,740		2,033,386
Great Canadian Gaming Corp. (a)(b)		113,163		717,752
Groupe Aeroplan, Inc.		54,185		451,775
Guardian Capital Group, Ltd.		248,270		1,906,444
Home Capital Group, Inc.		51,323		2,036,692
HudBay Minerals, Inc. (a)		101,727		1,069,299
Ivanhoe Energy, Inc. (a)		81,320		156,112

40

SPDR S&P International Small Cap ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
Jaguar Mining, Inc. (a)		28,899	$	256,995
Linamar Corp.		111,749		1,892,892
MacDonald, Dettwiler & Associates, Ltd. (a)		53,131		2,188,938
Major Drilling Group International, Inc.		30,365		619,787
Martinrea International, Inc. (a)		92,941		662,084
Methanex Corp.		35,640		702,638
New Gold, Inc. (a)		268,803		1,672,035
Northgate Minerals Corp. (a)		66,617		201,860
Novagold Resources, Inc. (a)		159,940		1,116,788
NuVista Energy, Ltd.		132,164		1,263,620
Osisko Mining Corp. (a)		78,599		849,119
Pan American Silver Corp. (b)		28,551		719,249
Peyto Energy Trust		102,258		1,402,060
Precision Drilling Corp. (a)		63,209		419,946
Progress Energy Resources Corp. (b)		243,648		2,836,236
Quadra FNX Mining, Ltd. (a)		126,915		1,169,245
Quebecor, Inc. (Class B)		61,364		1,878,484
Red Back Mining, Inc. (a)(b)		4,215		106,739
Rubicon Minerals Corp. (a)		50,471		173,833
Russel Metals, Inc. (b)		78,636		1,342,358
Savanna Energy Services Corp.		100,306		571,074
Seabridge Gold, Inc. (a)		13,915		434,087
ShawCor, Ltd. (Class A) (b)		20,237		511,329
Sherritt International Corp. (b)		76,765		413,208
Silver Standard Resources, Inc. (a)(b)		23,779		424,941
Silvercorp Metals, Inc. (b)		55,590		366,188
Stantec, Inc. (a)		67,388		1,495,327
The Forzani Group, Ltd.		75,544		1,099,765
Thompson Creek Metals Co., Inc. (a)(b)		49,763		432,701
Trican Well Service, Ltd.		40,749		522,664
Uni-Select, Inc.		116,172		2,968,117
Uranium One, Inc. (a)(b)		269,068		655,800
UTS Energy Corp. (a)(b)		202,854		393,243
Western Coal Corp. (a)		55,072		215,593
WestJet Airlines, Ltd. (a)		81,567		883,486
				61,538,057
CHINA — 3.7%
Allied Properties HK, Ltd.		3,714,791		777,577
Cafe de Coral Holdings, Ltd.		1,483,867		3,811,066
China Gas Holdings, Ltd.		906,000		510,757
Chow Sang Sang Holding International, Ltd.		928,939		1,584,188
Daphne International Holdings, Ltd.		378,000		385,420
Far East Consortium International, Ltd.		3,231,098		904,541
G-Resources Group, Ltd. (a)		4,104,000		226,619
Galaxy Entertainment Group, Ltd. (a)		347,000		188,937
Geely Automobile Holdings, Ltd.		40,000		12,328
Hi Sun Technology China, Ltd. (a)		690,000		317,215
HKR International, Ltd.		2,505,579		945,969
Integrated Distribution Services Group, Ltd.		564,953		983,770
Jinhui Shipping & Transportation, Ltd. (a)		61,403		200,171
K Wah International Holdings, Ltd.		2,300,565		717,897
Kai Yuan Holdings, Ltd. (a)		4,180,000		142,247
Melco International Development, Ltd. (a)		231,000		91,959
Midland Holdings, Ltd.		389,790		323,859
PCCW, Ltd.		2,630,000		770,038
REXLot Holdings, Ltd.		1,475,000		136,379
Road King Infrastructure, Ltd.		1,098,544		836,553
Shun Tak Holdings, Ltd.		612,000		319,865
Techtronic Industries Co., Ltd.		1,408,500		1,112,381
Texwinca Holdings, Ltd.		1,948,050		1,901,232
Xinao Gas Holdings, Ltd.		904,000		2,024,587
Xinyi Glass Holdings Co., Ltd.		2,951,618		1,118,159
				20,343,714
DENMARK — 0.9%
Bang & Olufsen A/S (a)(b)		23,873		211,983
D/S Norden A/S		13,094		455,820
East Asiatic Co., Ltd. A/S		33,456		720,685
Genmab A/S (a)(b)		10,119		72,298
GN Store Nord A/S (a)		188,201		1,318,352
IC Companys A/S (a)		24,730		715,710
NeuroSearch A/S (a)(b)		31,155		461,074
SimCorp A/S		8,006		1,282,255
				5,238,177
FINLAND — 2.2%
Amer Sports Oyj (Class A) (b)		153,383		1,457,940
Atria PLC		56,672		756,651
Citycon Oyj		243,004		720,327
Cramo Oyj (a)		54,055		805,138
HKScan Oyj		116,869		1,080,804
Kemira Oyj (a)(b)		22,796		246,279
Lassila & Tikanoja Oyj		76,457		1,236,209
Outotec Oyj		10,771		339,466
Poyry Oyj		80,704		999,418
Talvivaara Mining Co. PLC (a)(b)		72,237		394,469
Tieto Oyj		66,377		1,105,751
Tikkurila Oy (a)(b)		5,492		103,598
Vacon Oyj		39,355		1,648,643
Vaisala Oyj (Class A)		40,035		915,556
YIT Oyj		25,426		460,313
				12,270,562
FRANCE — 2.9%
Canal +		37,152		232,998
Carbone Lorraine SA		31,617		1,095,025
Club Mediterranee SA (a)		32,330		485,509
GL Events SA (b)		30,232		738,402
Groupe Steria SCA		31,389		775,889
IMS International Metal Service (a)		35,477		433,776
Ingenico SA		46,117		994,484
IPSOS (b)		54,378		1,840,702
Rhodia SA		63,982		1,084,662
Rubis		33,522		2,736,312
Saft Groupe SA		41,760		1,274,192
Sequana		76,879		942,162
Societe de la Tour Eiffel		11,720		710,039
SOITEC (a)(b)		92,220		828,451
Sperian Protection (b)		10,477		1,475,827

41

SPDR S&P International Small Cap ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
UbiSoft Entertainment SA (a)(b)		23,201	$	175,941
				15,824,371
GERMANY — 2.6%
Aixtron AG (b)		25,833		624,313
Aurubis AG		13,055		572,880
Demag Cranes AG (a)		28,638		873,986
Deutsche Wohnen AG (a)		136,995		1,073,450
DIC Asset AG		44,173		337,090
Draegerwerk AG & Co. KGaA Preference Shares		14,456		822,498
Draegerwerk AG & Co., KGaA (a)		4,335		217,761
Gerresheimer AG (a)		22,740		732,566
Gildemeister AG		59,673		668,513
Indus Holding AG		64,531		1,278,537
Jenoptik AG (a)		143,441		694,194
Kloeckner & Co. SE (a)		26,202		466,659
Kontron AG		81,112		731,246
KUKA AG (a)(b)		48,644		610,141
Leoni AG (a)		41,141		872,314
MLP AG		59,710		534,571
Nordex SE (a)		15,947		146,384
Patrizia Immobilien AG (a)(b)		108,859		393,891
Pfleiderer AG (a)		52,102		263,831
Q-Cells SE (a)(b)		17,836		115,332
Solar Millennium AG (a)(b)		20,606		442,967
Stada Arzneimittel AG		19,765		661,179
Symrise AG		48,108		1,004,419
Wirecard AG (b)		26,202		225,306
				14,364,028
GREECE — 0.5%
Alapis Holding Industrial and Commercial SA (a)		70,689		180,101
Diana Shipping, Inc. (a)		20,602		231,978
DryShips, Inc. (a)(b)		102,131		364,608
Ellaktor SA		116,594		394,172
Fourlis Holdings SA		50,348		447,117
Hellenic Exchanges SA		80,605		429,489
Intracom Holdings SA (a)		420,312		329,498
Michaniki SA (a)		193,249		132,558
Paragon Shipping, Inc. (b)		30,773		110,167
				2,619,688
HONG KONG — 0.9%
Champion REIT		813,189		379,070
Giordano International, Ltd.		4,948,000		2,122,255
Pacific Basin Shipping, Ltd.		1,336,000		838,951
Peace Mark (Holdings), Ltd. (a)(c)		504,228		0
Sino Union Energy Investment Group Ltd. (a)		1,880,000		164,168
VTech Holdings, Ltd.		151,000		1,627,868
				5,132,312
IRELAND — 1.0%
C&C Group PLC		251,041		993,226
Fyffes PLC		1,487,241		601,168
Irish Life & Permanent Group Holdings PLC (a)(e)		67,849		126,574
Kingspan Group PLC (a)		114,631		849,490
Paddy Power PLC (d)		13,145		409,456
Paddy Power PLC (d)		69,671		2,169,343
Smurfit Kappa Group PLC (a)		28,377		230,522
				5,379,779
ITALY — 1.8%
Amplifon SpA		270,115		1,257,283
Astaldi SpA		208,278		1,064,487
Banca Popolare dell’Etruria e del Lazio Scrl (a)		204,967		826,001
Digital Multimedia Technologies SpA (a)		27,767		469,363
Esprinet SpA		91,183		742,739
IMMSI SpA		684,848		620,764
Interpump Group SpA (a)		262,385		1,312,901
Recordati SpA		276,361		1,951,537
Sorin SpA (a)		895,334		1,589,111
Tiscali SpA (a)(b)		48,105		6,770
				9,840,956
JAPAN — 29.3%
Alps Electric Co., Ltd. (a)(b)		168,536		1,464,620
Asahi Holdings, Inc.		43,925		967,948
Bank of the Ryukyus, Ltd.		130,100		1,526,091
Best Denki Co., Ltd. (a)		218,269		599,383
Central Glass Co., Ltd.		495,145		1,980,804
COMSYS Holdings Corp. (b)		194,650		1,759,747
DA Office Investment Corp.		288		643,110
Daifuku Co., Ltd.		114,500		711,662
Daihen Corp. (b)		229,000		944,570
DAIICHI CHUO KISEN KAISHA (a)(b)		145,834		392,231
Daimei Telecom Engineering Corp.		126,800		1,008,783
Dainippon Screen Manufacturing Co., Ltd. (a)(b)		232,000		1,072,302
DCM Japan Holdings Co., Ltd. (b)		163,133		901,481
Don Quijote Co., Ltd. (b)		72,000		1,941,372
DOUTOR NICHIRES Holdings Co., Ltd. (b)		157,232		2,123,316
DTS Corp.		83,582		1,024,822
eAccess, Ltd. (b)		1,909		1,309,485
EDION Corp. (b)		96,000		735,541
FCC Co., Ltd. (b)		95,548		1,802,120
Fukuoka REIT Corp.		288		1,669,612
Furukawa Co., Ltd. (a)(b)		675,387		702,177
Glory, Ltd. (b)		69,000		1,517,392
H2O Retailing Corp. (b)		229,000		1,495,785
Hanwa Co., Ltd.		369,000		1,480,337
Heiwa Real Estate Co., Ltd.		306,000		701,978
Hitachi Kokusai Electric, Inc.		152,372		1,227,723
Hitachi Zosen Corp. (b)		764,500		1,036,727
Horiba, Ltd.		48,513		1,309,177
Hosiden Corp.		107,000		1,143,881
Iino Kaiun Kaisha, Ltd. (b)		132,800		675,331
IT Holdings Corp.		89,108		1,066,396
Izumiya Co., Ltd.		238,000		1,032,795
Japan Airport Terminal Co., Ltd. (b)		90,500		1,346,915
Japan Asia Investment Co., Ltd. (a)(b)		215,000		131,201
Japan Aviation Electronics Industry, Ltd.		141,000		897,084

42

SPDR S&P International Small Cap ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
Japan Excellent, Inc. (b)		235	$	1,118,036
Japan Logistics Fund, Inc.		235		1,835,066
Juki Corp. (a)(b)		134,332		265,658
K’s Holdings Corp.		57,400		1,181,211
Kanematsu Corp. (a)(b)		724,698		581,462
Katakura Industries Co., Ltd. (b)		91,474		909,675
Kayaba Industry Co., Ltd. (b)		293,832		1,069,204
Kenedix, Inc. (a)(b)		385		64,783
Kitz Corp.		146,000		696,259
Kiyo Holdings, Inc.		1,093,000		1,494,553
Komori Corp.		103,236		1,003,311
Kurabo Industries, Ltd.		669,000		1,035,744
Kyowa Exeo Corp. (b)		126,800		1,126,283
Makino Milling Machine Co., Ltd. (a)		151,000		972,652
Marudai Food Co., Ltd.		513,656		1,520,826
Maruha Nichiro Holdings, Inc. (b)		730,485		1,122,680
Marusan Securities Co., Ltd.		156,398		904,913
Miraca Holdings, Inc.		74,800		2,256,088
Mitsui Mining & Smelting Co., Ltd. (b)		629,000		1,684,631
Mitsui-Soko Co., Ltd.		286,000		1,043,937
Nabtesco Corp. (b)		141,000		2,197,299
Nakanishi, Inc.		8,483		727,607
Net One Systems Co., Ltd.		891		1,157,927
Neturen Co., Ltd.		202,803		1,537,810
New City Residence Investment Corp. (e)(f)		4		0
Nihon Dempa Kogyo Co., Ltd. (b)		24,200		438,111
Nihon Kohden Corp.		65,000		1,216,409
Nikkiso Co., Ltd.		227,000		1,826,466
Nippon Accommodations Fund, Inc. (b)		239		1,258,605
Nippon Carbon Co., Ltd. (b)		219,712		623,208
Nippon Konpo Unyu Soko Co., Ltd.		213,000		2,493,705
Nippon Light Metal Co., Ltd. (a)		1,372,000		1,798,531
Nippon Seiki Co., Ltd. (b)		81,000		896,135
Nippon Shinyaku Co., Ltd.		205,000		2,339,812
Nippon Soda Co., Ltd.		242,000		806,758
Nippon Suisan Kaisha, Ltd.		384,499		1,247,047
Nippon Thompson Co., Ltd. (b)		210,000		1,438,129
Nishimatsu Construction Co., Ltd.		637,000		763,047
Nishimatsuya Chain Co., Ltd.		111,093		1,033,219
Nitto Boseki Co., Ltd. (b)		501,153		1,115,687
NOF Corp.		418,000		1,672,189
NSD Co., Ltd. (b)		88,608		1,015,352
OKASAN SECURITIES GROUP, Inc.		244,682		962,248
Oki Electric Industry Co., Ltd. (a)(b)		1,325,000		1,152,955
Orix JREIT, Inc.		372		1,557,532
Osaka Securities Exchange Co., Ltd.		280		1,194,485
OSG Corp. (b)		141,100		1,521,182
Park24 Co., Ltd.		177,513		1,917,758
Point, Inc.		23,030		1,270,046
Premier Investment Corp.		447		1,712,431
Rengo Co., Ltd. (b)		189,000		1,198,203
Rohto Pharmaceutical Co., Ltd.		166,000		2,037,247
Ryohin Keikaku Co., Ltd. (b)		29,603		1,184,254
Sakai Chemical Industry Co., Ltd.		306,565		1,167,504
Sanden Corp.		451,000		1,243,576
Sankyu, Inc.		255,000		1,025,879
Sanyo Shokai, Ltd. (b)		185,000		683,637
Sanyo Special Steel Co., Ltd. (a)(b)		201,937		919,659
Sato Corp. (b)		113,200		1,372,625
Seiren Co., Ltd.		188,800		1,002,780
Shima Seiki Manufacturing, Ltd. (b)		65,825		1,650,646
Shimachu Co., Ltd.		89,700		1,645,193
Shochiku Co., Ltd. (b)		436,000		3,153,351
Shoei Co., Ltd.		103,900		698,616
Sinfonia Technology Co., Ltd. (b)		427,000		873,398
SMK Corp. (b)		227,343		1,007,102
Star Micronics Co., Ltd. (b)		61,200		641,116
Sumitomo Osaka Cement Co., Ltd.		884,793		1,699,794
Tadano, Ltd. (b)		145,526		721,956
Takara Holdings, Inc. (b)		287,000		1,462,730
Takasago International Corp.		302,694		1,313,533
Takefuji Corp. (b)		66,780		196,967
Takuma Co., Ltd. (a)(b)		246,000		586,575
The Bank of Nagoya, Ltd.		231,000		827,517
The Bank of Okinawa, Ltd.		46,500		1,650,017
The Ehime Bank, Ltd. (b)		645,000		1,873,262
The Eighteenth Bank, Ltd.		614,730		1,722,828
The Hokuetsu Bank, Ltd. (b)		871,000		1,466,595
The Michinoku Bank, Ltd.		568,000		1,245,248
The Minato Bank, Ltd. (b)		720,000		992,655
The Miyazaki Bank, Ltd.		575,000		1,637,473
The Musashino Bank, Ltd.		38,300		1,107,147
The Oita Bank, Ltd.		381,000		1,300,283
The Tochigi Bank, Ltd.		239,000		1,042,536
The Tokyo Tomin Bank, Ltd.		42,100		482,421
Toagosei Co., Ltd.		528,818		2,366,504
TOC Co., Ltd.		189,100		762,896
Toei Co., Ltd.		291,000		1,282,518
Toho Holdings Co., Ltd.		70,119		1,117,276
Toho Zinc Co., Ltd. (b)		221,000		789,197
Tokai Tokyo Financial Holdings, Inc.		231,000		918,883
Tokyo Dome Corp.		229,000		597,796
Tokyo Tatemono Co., Ltd. (b)		203,000		635,450
TOMONY Holdings, Inc. (a)		242,000		754,797
Topy Industries, Ltd.		690,381		1,435,531
Toyo Corp/Chuo-ku		159,948		1,624,966
Toyo Tire & Rubber Co., Ltd. (b)		370,000		794,440
Toyobo Co., Ltd. (b)		938,788		1,580,737
Ulvac, Inc. (b)		44,000		865,182
Unitika, Ltd. (a)		952,000		806,871
Yodogawa Steel Works, Ltd.		386,000		1,596,519
Zenrin Co., Ltd. (b)		52,177		570,769
				162,457,216
NETHERLANDS — 2.1%
Aalberts Industries NV		84,208		1,102,119
ASM International NV (a)		66,084		1,310,521
BinckBank NV		21,293		267,860
Crucell NV (a)		71,317		1,309,033
Draka Holding NV (a)		26,138		366,268
Exact Holding NV		45,780		1,045,816
KAS Bank NV		89,269		1,306,133

43

SPDR S&P International Small Cap ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
Koninklijke BAM Groep NV		35,454	$	165,546
Mediq NV		148,146		2,726,498
Nutreco Holding NV		12,546		679,632
Ordina NV (a)		89,797		314,358
ProLogis European Properties (a)		36,563		186,982
VistaPrint NV (a)(b)		13,924		661,251
				11,442,017
NEW ZEALAND — 0.5%
Auckland International Airport, Ltd.		640,232		823,278
Fisher & Paykel Appliances Holdings, Ltd. (a)		943,042		350,181
Fisher & Paykel Healthcare Corp., Ltd.		661,322		1,418,845
Nuplex Industries, Ltd. (b)		103,811		200,594
				2,792,898
NORWAY — 1.6%
Deep Sea Supply PLC (a)		165,604		273,751
DNO International ASA (a)(b)		979,942		1,080,428
Ekornes ASA		116,177		2,286,685
Ganger Rolf ASA		3,902		75,002
Norske Skogindustrier ASA (a)(b)		243,760		278,501
Norwegian Property ASA (a)		385,791		510,184
Petroleum Geo-Services ASA (a)		83,264		705,481
Prosafe Production Public, Ltd. (a)		119,956		244,407
Sevan Marine ASA (a)(b)		161,188		118,131
Songa Offshore SE (a)		119,876		297,333
Subsea 7, Inc. (a)(b)		36,483		554,553
TGS Nopec Geophysical Co. ASA		43,558		509,047
Tomra Systems ASA		181,176		760,571
Veidekke ASA		241,900		1,450,697
				9,144,771
PORTUGAL — 0.4%
Altri SGPS SA (a)(b)		174,112		867,155
Semapa-Sociedade de Investimento e Gestao, SGPS, SA		134,808		1,213,844
				2,080,999
SINGAPORE — 3.3%
Bukit Sembawang Estates, Ltd.		247,080		842,419
CapitaCommercial Trust (b)		630,000		550,534
Cosco Corp. Singapore, Ltd. (b)		424,000		452,518
Ezra Holdings, Ltd. (b)		213,000		277,674
Haw Par Corp., Ltd.		700,352		2,879,465
Hong Leong Finance, Ltd.		1,586,656		3,409,475
Indofood Agri Resources, Ltd. (a)(b)		207,000		314,333
Mapletree Logistics Trust		3,699,965		2,212,929
Parkway Holdings, Ltd.		1,109,309		2,836,640
Straits Asia Resources, Ltd.		292,000		418,308
Suntec REIT		2,255,000		2,132,082
Verigy, Ltd. (a)		58,889		511,745
Wing Tai Holdings, Ltd.		1,169,000		1,322,985
				18,161,107
SOUTH KOREA — 7.0%
Asiana Airlines (a)		201,112		1,598,080
Celltrion, Inc. (a)		19,957		338,070
Cheil Communications, Inc.		218,100		2,293,507
CJ CheilJedang Corp.		2,645		485,941
Daewoo Motor Sales (a)		44,891		96,618
Daum Communications Corp. (a)		15,579		1,078,577
Dong-A Pharmaceutical Co., Ltd.		11,690		1,176,687
Doosan Corp.		4,960		452,582
Eugene Investment & Securities Co., Ltd. (a)		526,548		310,250
Hana Tour Service, Inc.		22,461		1,007,282
Hanjin Heavy Industries & Construction Co., Ltd.		9,180		195,700
Hanjin Shipping Co., Ltd. (a)		17,575		534,313
Hanjin Shipping Holdings Co., Ltd. (a)		3,447		53,314
Hanmi Pharm Co., Ltd.		10,556		744,643
Hansol Paper Co.		68,306		788,169
Hanwha Chemical Corp. (b)		88,695		1,288,364
Hanwha Securities Co.		102,040		564,493
Hite Brewery Co., Ltd. (b)		7,992		958,152
Hotel Shilla Co., Ltd.		63,432		1,287,364
Humax Co., Ltd.		38,962		444,792
Humax Holdings Co., Ltd.		10,691		71,479
Hyundai Department Store Co., Ltd.		17,874		1,718,703
Hyundai Marine & Fire Insurance Co., Ltd.		75,382		1,511,384
Jeonbuk Bank		214,042		1,192,854
Korean Reinsurance Co.		108,580		856,580
LG International Corp.		59,529		1,505,318
LG Life Sciences, Ltd. (a)		21,508		847,496
LG Telecom, Ltd.		70,174		439,892
LIG Insurance Co., Ltd.		51,302		1,026,489
LS Industrial Systems Co., Ltd.		19,518		1,245,865
MegaStudy Co., Ltd.		4,946		657,327
Meritz Fire & Marine Insurance Co., Ltd.		142,877		910,838
Meritz Securities Co., Ltd. (a)		674,740		552,176
ORION Corp.		5,668		1,709,262
Poongsan Corp.		107,445		2,712,580
Samsung Fine Chemicals Co., Ltd. (b)		25,099		1,318,660
Seoul Semiconductor Co., Ltd. (b)		10,427		374,171
SFA Engineering Corp.		19,225		1,043,088
SK Chemicals Co., Ltd.		27,017		1,479,124
STX Offshore & Shipbuilding Co., Ltd. (b)		20,300		191,045
STX Pan Ocean Co. Ltd.		46,500		430,004
Taekwang Industrial Co. Ltd.		397		242,690
Yuhan Corp.		9,053		1,133,510
				38,867,433
SPAIN — 1.4%
Almirall SA		13,918		109,790
Amper, SA		113,144		565,448
Campofrio Food Group SA (a)(b)		168,895		1,406,781
Construcciones y Auxiliar de Ferrocarriles SA		4,855		1,990,722
Ercros SA (a)		201,702		192,464
Faes Farma SA (a)(e)		13,368		45,357
Faes Farma SA (b)(e)		166,845		577,341
General de Alquiler de Maquinaria (a)		78,612		173,325

44

SPDR S&P International Small Cap ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
Tubacex SA (b)		224,764	$	680,024
Tubos Reunidos SA		268,540		608,529
Vidrala SA		59,695		1,294,231
				7,644,012
SWEDEN — 2.5%
Carnegie Investment Bank AB (b)(c)		59,625		0
Castellum AB (b)		181,276		1,656,222
Elekta AB (Class B)		98,971		2,523,239
Haldex AB (a)		237,488		2,052,309
Intrum Justitia AB		98,597		969,246
Kungsleden AB		150,697		919,829
New Wave Group AB (Class B) (b)		225,991		946,711
Q-Med AB		135,166		1,133,331
TradeDoubler AB (a)		79,907		309,072
Trelleborg AB (Class B) (b)		234,838		1,418,323
Wihlborgs Fastigheter AB (b)		87,619		1,671,989
				13,600,271
SWITZERLAND — 2.4%
Basilea Pharmaceutica AG (a)(b)		8,476		473,181
Belimo Holding AG		2,248		2,657,950
Daetwyler Holding AG		28,909		1,796,173
Georg Fischer AG (a)		2,825		929,354
Kudelski SA		59,443		1,617,890
Kuoni Reisen Holding (Class B)		4,251		1,190,524
Meyer Burger Technology AG (a)		8,020		199,691
Mobimo Holding AG (a)		2,898		505,239
Petroplus Holdings AG (a)(b)		35,571		528,114
Temenos Group AG (a)		66,575		1,614,445
Valora Holding AG		7,782		1,861,878
				13,374,439
UNITED KINGDOM — 11.7%
Arriva PLC		110,438		1,263,980
Barratt Developments PLC (a)		283,271		401,764
Bellway PLC		84,066		774,121
Bodycote PLC		192,439		572,936
Bovis Homes Group PLC (a)		164,298		850,489
Britvic PLC		208,383		1,482,115
BTG PLC (a)		93,994		280,405
Charter International PLC		54,366		511,203
Chemring Group PLC		38,678		1,720,938
Chloride Group		454,009		2,621,876
Connaught PLC (b)		303,519		523,571
Cookson Group PLC (a)		91,099		528,408
Croda International PLC		107,413		1,619,861
CSR PLC (a)(b)		63,601		358,348
Dairy Crest Group PLC		157,707		870,874
Debenhams PLC (a)		493,804		391,553
Dimension Data Holdings PLC		1,312,511		1,855,646
DS Smith PLC		298,179		539,787
DSG International PLC (a)		1,904,091		706,765
Elementis PLC		813,043		763,286
Enterprise Inns PLC (a)		162,045		212,010
Fenner PLC		321,007		956,674
Galliford Try PLC		111,706		525,185
Game Group PLC		371,332		354,996
Gem Diamonds, Ltd. (a)		58,690		184,393
Hardy Oil & Gas PLC (a)		27,230		70,885
Helphire PLC (a)		342,378		220,259
Henderson Group PLC		460,815		846,614
HMV Group PLC (b)		711,821		670,921
Hochschild Mining PLC		47,616		219,343
Hunting PLC		53,623		359,650
Intermediate Capital Group PLC		155,737		582,495
International Personal Finance		261,718		745,914
Interserve PLC		166,523		496,401
ITE Group PLC		462,439		996,962
J.D. Wetherspoon PLC		143,517		838,465
Jardine Lloyd Thompson Group PLC		177,606		1,396,338
JKX Oil & Gas PLC		63,112		230,389
Keller Group PLC		89,513		705,760
Kier Group PLC		52,743		763,442
Laird PLC		184,448		289,750
Lamprell PLC		68,982		222,404
Melrose PLC		513,967		1,617,861
Michael Page International PLC		240,356		1,340,575
Micro Focus International PLC		85,589		541,138
Mitchells & Butlers PLC (a)		203,985		836,198
Mitie Group PLC		442,499		1,405,473
Mondi PLC		304,814		1,751,619
Morgan Crucible Co. PLC		268,479		741,887
Morgan Sindall PLC		59,900		460,628
N Brown Group PLC		227,641		852,455
National Express Group PLC (a)		180,696		595,016
Northern Foods PLC		852,184		554,604
Northgate PLC (a)		45,334		117,675
Pace PLC		90,300		218,588
PayPoint PLC		95,228		377,547
Premier Farnell PLC		418,809		1,372,210
Premier Foods PLC (a)		1,179,295		338,577
Punch Taverns PLC (a)		167,401		145,260
PV Crystalox Solar PLC		237,834		190,365
Rank Group PLC		743,695		1,107,634
Redrow PLC (a)		273,925		462,686
Regus PLC		194,035		202,917
Restaurant Group PLC		303,118		952,339
RPS Group PLC (b)		275,877		771,822
Salamander Energy PLC (a)		79,000		276,569
Senior PLC		600,805		1,105,602
Shaftesbury PLC		291,989		1,572,640
Shanks Group PLC		377,293		564,468
SIG PLC (a)		267,295		406,698
SOCO International PLC (a)		106,240		631,968
Spectris PLC		101,200		1,174,904
Spirent Communications PLC		267,127		438,414
SSL International PLC		181,516		2,199,684
St. James’s Place PLC		168,419		534,684
Stagecoach Group PLC		277,932		735,990
Tullett Prebon PLC		229,970		1,086,879
UK Coal PLC (a)		150,630		91,270
Ultra Electronics Holdings PLC		46,527		1,069,890
Unite Group PLC (a)		258,854		673,852
Victrex PLC		139,530		2,283,732
Wellstream Holdings PLC		42,819		322,229
WH Smith PLC		152,325		932,767
Wincanton PLC		213,020		758,504

45

SPDR S&P International Small Cap ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
Yell Group PLC (a)		1,051,082	$	385,425
				64,728,419
TOTAL COMMON STOCKS —
(Cost $655,280,671)				547,379,905
RIGHTS — 0.0% (g)
GERMANY — 0.0% (g)
Draegerwerk AG & Co., KGAA (expiring 06/30/10) (a) (Cost $0)		6		30
WARRANTS — 0.0% (g)
ITALY — 0.0% (g)
Interpump Group SpA (expiring 10/31/12) (a) (Cost $0)		51,560		22,736
SHORT TERM INVESTMENTS — 7.1%
UNITED STATES — 7.1%
MONEY MARKET FUNDS — 7.1%
State Street Navigator Securities Lending Prime Portfolio (h)(i)		39,189,865		39,189,865
State Street Institutional Liquid Reserves Fund (h)		279,846		279,846
TOTAL SHORT TERM INVESTMENTS —
(Cost $39,469,711)				39,469,711
TOTAL INVESTMENTS — 106.0%
(Cost $694,750,382)				586,872,382
OTHER ASSETS AND LIABILITIES — (6.0)%				(33,443,102	)
NET ASSETS — 100.0%			$	553,429,280

(a)	Non-income producing security.
(b)	Security, or portion thereof, was on loan at June 30, 2010.
(c)	Securities are 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. Securities’ values are determined based on Level 3 inputs. (See accompanying Notes to Schedules of Investments)
(d)	Reflects separate holdings of the issuer’s common stock traded on different securities exchanges.
(e)	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. Security value is determined based on Level 2 inputs. (See accompanying Notes to Schedules of Investments)
(f)	Company has filed for insolvency.
(g)	Amount shown represents less than 0.05% of net assets.
(h)	Affiliated Fund managed by SSgA Funds Management, Inc. (See accompanying Notes to Schedules of Investments)
(i)	Investments of cash collateral for securities loaned.

REIT = Real Estate Investment Trust

46

SPDR S&P International Small Cap ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

INDUSTRY BREAKDOWN AS OF June 30, 2010*

	PERCENT OF
INDUSTRY**	NET ASSETS
Metals & Mining		6.3	%
Machinery		5.9
Commercial Banks		4.2
Oil, Gas & Consumable Fuels		4.2
Chemicals		3.8
Real Estate Investment Trusts		3.7
Electronic Equipment, Instruments & Components		3.6
Specialty Retail		3.6
Hotels, Restaurants & Leisure		3.5
Real Estate Management & Development		3.3
Media		3.2
Capital Markets		3.0
Commercial Services & Supplies		3.0
Construction & Engineering		2.5
Health Care Equipment & Supplies		2.5
Food Products		2.2
Health Care Providers & Services		2.2
Pharmaceuticals		2.2
Electrical Equipment		2.0
Auto Components		1.9
Industrial Conglomerates		1.7
Professional Services		1.7
Software		1.6
Textiles, Apparel & Luxury Goods		1.6
IT Services		1.3
Insurance		1.3
Semiconductors & Semiconductor Equipment		1.3
Trading Companies & Distributors		1.3
Building Products		1.2
Energy Equipment & Services		1.2
Household Durables		1.2
Multiline Retail		1.2
Road & Rail		1.2
Communications Equipment		1.1
Paper & Forest Products		1.1
Gas Utilities		1.0
Beverages		0.9
Distributors		0.9
Marine		0.9
Consumer Finance		0.8
Internet Software & Services		0.7
Transportation Infrastructure		0.7
Biotechnology		0.6
Containers & Packaging		0.6
Diversified Consumer Services		0.6
Aerospace & Defense		0.5
Airlines		0.5
Automobiles		0.5
Construction Materials		0.5
Diversified Financial Services		0.5
Thrifts & Mortgage Finance		0.4
Food & Staples Retailing		0.3
Leisure Equipment & Products		0.3
Diversified Telecommunication Services		0.2
Electric Utilities		0.2
Internet & Catalog Retail		0.2
Air Freight & Logistics		0.1
Health Care Technology		0.1
Life Sciences Tools & Services		0.1
Short Term Investments		7.1
Other Assets & Liabilities		(6.0	)
TOTAL		100.0	%

*

The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time.

**

Each security is valued base on Level 1 inputs except New City Residence Investment Corp., which was Level 2 and part of the Real Estate Investment Trust Industry, Record Realty, which was Level 3 and part of the Real Estate Investment Trust Industry, Carnegie Investment Bank AB, which was Level 3 and part of the Capital Markets Industry and Peace Mark (Holdings), Ltd., which was Level 3 and part of the Textiles, Apparel & Luxury Goods Industry, each representing less than 0.05% of net assets. (See accompanying Notes to Schedules of Investments)

47

SPDR Dow Jones International Real Estate ETF
SCHEDULE OF INVESTMENTS

June 30, 2010 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS — 99.5%
AUSTRALIA — 18.2%
Abacus Property Group		6,105,649	$	2,114,427
Astro Japan Property Group (a)		2,221,550		609,841
Bunnings Warehouse Property Trust (a)		1,325,584		2,110,549
CFS Retail Property Trust (a)		7,344,882		11,725,289
Charter Hall Office REIT (a)(b)		20,390,197		4,305,646
Charter Hall Retail REIT (a)		6,157,094		2,860,325
Commonwealth Property Office Fund (a)		7,735,330		6,076,293
Dexus Property Group		19,598,611		12,746,558
Goodman Group		25,169,794		13,499,892
GPT Group		8,179,825		19,414,546
ING Industrial Fund		10,382,568		3,288,614
ING Office Fund		10,683,972		5,234,047
Westfield Group		9,593,641		98,697,843
				182,683,870
AUSTRIA — 1.9%
Atrium European Real Estate, Ltd. (a)		826,800		3,598,292
CA Immobilien Anlagen AG (b)		346,202		3,630,827
Immofinanz AG (a)(b)		4,602,834		12,014,605
				19,243,724
BELGIUM — 1.0%
Befimmo S.C.A.		60,102		4,130,760
Cofinimmo		49,249		5,575,247
				9,706,007
CANADA — 8.9%
Artis REIT		104,897		1,071,032
Boardwalk REIT		104,528		3,940,518
Brookfield Asset Management, Inc. (Class A) (a)		2,258,456		51,156,106
Calloway REIT		183,784		3,618,088
Canadian Apartment Properties REIT		146,997		2,072,192
Canadian REIT		142,878		3,735,144
Chartwell Seniors Housing REIT		275,841		1,861,177
Extendicare REIT		170,034		1,366,481
First Capital Realty, Inc. (a)		254,258		3,256,436
H&R REIT		310,677		4,970,130
Primaris Retail REIT		147,633		2,425,702
RioCan REIT		521,646		9,346,577
				88,819,583
CHINA — 3.8%
Hongkong Land Holdings, Ltd. (a)		5,283,000		26,309,340
Kerry Properties, Ltd.		2,720,670		11,896,369
				38,205,709
FRANCE — 9.8%
Beni Stabili SpA (b)		669,948		508,784
Fonciere des Regions (a)(b)		90,931		7,572,822
Gecina SA		92,217		8,402,844
Klepierre		413,841		11,539,896
SILIC (a)		41,358		4,103,413
Unibail-Rodamco SE		402,194		66,384,255
				98,512,014
GERMANY — 0.2%
IVG Immobilien AG (a)(b)		360,269		2,157,926
HONG KONG — 9.9%
Champion REIT		6,758,174		3,150,340
GZI REIT		3,204,000		1,353,661
Hang Lung Group, Ltd.		3,691,808		20,053,996
Hang Lung Properties, Ltd.		8,069,755		31,244,180
Hysan Development Co., Ltd.		2,691,507		7,673,084
Prosperity REIT		4,928,000		885,972
The Link REIT		9,707,311		24,183,666
Wheelock & Co., Ltd.		3,645,545		10,392,904
				98,937,803
ITALY — 0.3%
Beni Stabili SpA (a)		3,630,623		2,779,469
JAPAN — 18.4%
Aeon Mall Co., Ltd. (a)		351,340		7,051,416
DA Office Investment Corp. (a)		1,138		2,541,177
Daibiru Corp. (a)		253,700		1,929,485
Frontier Real Estate Investment Corp. (a)		641		4,418,691
Fukuoka REIT Corp. (a)		400		2,318,906
Global One Real Estate Investment Co., Ltd. (a)		427		2,953,147
Hankyu REIT, Inc.		377		1,465,567
Heiwa Real Estate Co., Ltd.		657,500		1,508,334
Japan Excellent, Inc. (a)		620		2,949,712
Japan Hotel and Resort, Inc.		333		647,260
JAPAN OFFICE Investment Corp.		648		600,475
Japan Prime Realty Investment Corp. (a)		3,152		6,685,845
Japan Real Estate Investment Corp.		2,157		17,672,336
Japan Retail Fund Investment Corp. (a)		7,442		9,116,429
Kenedix Realty Investment Corp.		1,030		2,887,818
Mitsui Fudosan Co., Ltd.		3,880,000		54,852,300
Mori Hills REIT Investment Corp.		743		1,523,952
Mori Trust Sogo REIT, Inc. (a)		758		5,670,652
Nippon Building Fund, Inc. (a)		2,380		18,934,569
Nippon Commercial Investment Corp.		1,140		1,098,904
Nomura Real Estate Office Fund, Inc. (a)		1,278		6,397,943
NTT Urban Development Corp. (a)		4,788		3,847,065
Orix JREIT, Inc.		1,104		4,622,353
Premier Investment Corp.		581		2,225,777
Shoei Co., Ltd.		161,690		1,087,191
Tokyu Land Corp. (a)		2,016,000		7,153,622
Tokyu REIT, Inc.		747		3,904,255
Top REIT, Inc.		683		3,017,889
United Urban Investment Corp. (a)		881		5,286,597
				184,369,667
NETHERLANDS — 2.1%
Corio NV (a)		250,021		12,233,188

48

SPDR Dow Jones International Real Estate ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
Eurocommercial Properties NV		155,573	$	5,002,237
VastNed Retail NV (a)		80,520		4,074,362
				21,309,787
NEW ZEALAND — 0.7%
AMP NZ Office Trust (a)		3,413,683		1,666,668
Goodman Property Trust		2,765,987		1,730,848
ING Property Trust (a)		2,430,870		1,136,680
Kiwi Income Property Trust (a)		3,661,185		2,265,853
				6,800,049
SINGAPORE — 7.5%
Ascendas REIT (a)		5,723,850		7,461,791
Cambridge Industrial Trust		3,883,315		1,376,865
CapitaCommercial Trust (a)		8,395,978		7,336,934
CapitaLand, Ltd. (a)		11,156,999		28,769,570
CapitaMall Trust (a)		8,863,915		11,682,260
Frasers Commercial Trust (a)		10,246,642		1,027,526
Guocoland, Ltd.		1,086,000		1,672,445
Mapletree Logistics Trust		4,796,000		2,868,462
Singapore Land, Ltd.		467,000		2,134,131
Starhill Global REIT (a)		4,464,000		1,774,601
Suntec REIT (a)		7,509,953		7,100,593
United Industrial Corp., Ltd.		1,084,000		1,630,542
				74,835,720
SOUTH AFRICA — 0.8%
Capital Property Fund		1,838,543		1,750,810
Fountainhead Property Trust		4,409,299		3,583,440
SA Corporate Real Estate Fund		3,528,827		1,334,968
Sycom Property Fund		457,084		1,246,192
				7,915,410
SPAIN — 0.0% (c)
Martinsa-Fadesa SA (b)(d)(e)		35,998		0
SWEDEN — 1.4%
Castellum AB (a)		758,302		6,928,202
Fabege AB (a)		631,445		3,768,222
Kungsleden AB		601,753		3,672,998
				14,369,422
SWITZERLAND — 2.3%
PSP Swiss Property AG (b)		153,056		9,176,121
Swiss Prime Site AG (b)		226,711		13,749,617
				22,925,738
UNITED KINGDOM — 12.3%
Big Yellow Group PLC (b)		449,315		1,989,770
British Land Co. PLC		3,838,804		25,017,512
Capital & Counties Properties PLC (b)		2,533,079		4,111,864
Derwent London PLC		444,396		8,310,755
Grainger PLC		1,828,896		3,223,255
Great Portland Estates PLC		1,378,396		5,998,989
Hammerson PLC		3,119,263		16,039,537
Land Securities Group PLC		3,374,509		28,196,427
Liberty International PLC		2,376,839		11,080,453
Segro PLC		3,237,001		12,291,214
Shaftesbury PLC		994,556		5,356,635
Workspace Group PLC		3,748,201		1,205,651
				122,822,062
TOTAL COMMON STOCKS —
(Cost $1,318,917,482)				996,393,960
SHORT TERM INVESTMENTS — 8.5%
UNITED STATES — 8.5%
MONEY MARKET FUNDS — 8.5%
State Street Navigator Securities Lending Prime Portfolio (f)(g)		85,139,610		85,139,610
State Street Institutional Liquid Reserves Fund (f)		179,655		179,655
TOTAL SHORT TERM INVESTMENTS —
(Cost $85,319,265)				85,319,265
TOTAL INVESTMENTS — 108.0%
(Cost $1,404,236,747)				1,081,713,225
OTHER ASSETS AND LIABILITIES — (8.0)%				(79,671,346	)
NET ASSETS — 100.0%			$	1,002,041,879

(a)	Security, or portion thereof, was on loan at June 30, 2010.
(b)	Non-income producing security.
(c)	Amount shown represents less than 0.05% of net assets.
(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. Security value is determined based on Level 2 inputs. (See accompanying Notes to Schedules of Investments)
(e)	Company has filed for insolvency.
(f)	Affiliated Fund managed by SSgA Funds Management, Inc. (See accompanying Notes to Schedules of Investments)
(g)	Investments of cash collateral for securities loaned.

REIT = Real Estate Investment Trust

49

SPDR Dow Jones International Real Estate ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

INDUSTRY BREAKDOWN AS OF June 30, 2010*

	PERCENT OF
INDUSTRY**	NET ASSETS
Real Estate Management & Development		33.8	%
Retail REITs		32.1
Diversified REITs		14.7
Office REITs		13.0
Industrial REITs		4.3
Residential REITs		0.6
Specialized REITs		0.6
Diversified Capital Markets		0.4
Short Term Investments		8.5
Other Assets & Liabilities		(8.0	)
TOTAL		100.0	%

*	The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time.
**	Each security is valued based on Level 1 inputs except for Martinsa-Fadesa SA, which was level 2 and part of the Real Estate Management & Development Industry, representing less than 0.05% of net assets. (See accompanying Notes to Schedule of Investments)

50

SPDR FTSE/Macquarie Global Infrastructure 100 ETF
SCHEDULE OF INVESTMENTS

June 30, 2010 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS — 99.4%
AUSTRALIA — 1.6%
AGL Energy, Ltd.		22,878	$	284,061
Asciano Group (a)		147,782		202,215
Intoll Group		117,328		103,065
Macquarie Atlas Roads Group (a)		779		625
Transurban Group (b)		65,079		233,069
				823,035
BRAZIL — 0.9%
Centrais Eletricas Brasileiras SA ADR		13,270		177,424
Companhia Energetica de Minas Gerais ADR (b)		19,280		282,837
				460,261
CANADA — 5.3%
Canadian Utilities, Ltd., Class A		4,329		184,787
Enbridge, Inc. (b)		19,308		900,852
Fortis, Inc. (b)		8,739		223,522
TransAlta Corp.		11,064		205,319
TransCanada Corp. (b)		35,065		1,175,048
				2,689,528
FINLAND — 1.0%
Fortum Oyj		22,798		504,889
FRANCE — 7.5%
EDF SA		13,057		502,676
GDF Suez (b)		83,943		2,416,313
Suez Environnement SA		18,594		309,409
Veolia Environnement		25,255		598,744
				3,827,142
GERMANY — 8.0%
E.ON AG		102,184		2,776,164
RWE AG		20,007		1,316,494
				4,092,658
HONG KONG — 3.6%
CLP Holdings, Ltd.		92,727		672,190
Hong Kong & China Gas Co., Ltd.		275,339		683,826
HongKong Electric Holdings, Ltd.		82,000		489,126
				1,845,142
ITALY — 5.2%
A2A SpA		81,428		112,209
Atlantia SpA		22,357		399,549
Enel SpA		357,302		1,527,431
Snam Rete Gas SpA		86,637		347,814
Terna Rete Elettrica Nationale SpA (b)		77,343		279,712
				2,666,715
JAPAN — 11.4%
Chubu Electric Power Co., Inc.		29,243		727,688
Electric Power Development Co., Ltd. (b)		8,600		273,482
Hokkaido Electric Power Co., Inc.		8,400		181,308
Hokuriku Electric Power Co. (b)		8,500		186,925
Kyushu Electric Power Co., Inc.		18,218		409,694
Osaka Gas Co., Ltd.		83,000		300,147
Shikoku Electric Power Co., Inc. (b)		8,835		253,199
The Chugoku Electric Power Co., Inc. (b)		14,075		290,916
The Kansai Electric Power Co., Inc.		36,337		887,380
The Tokyo Electric Power Co., Inc.		51,854		1,412,815
Tohoku Electric Power Co., Inc.		19,308		415,660
Tokyo Gas Co., Ltd. (b)		103,000		471,409
				5,810,623
PORTUGAL — 1.1%
EDP — Energias de Portugal SA		140,695		420,503
Brisa Auto- Estradas de Portugal SA		23,339		142,225
				562,728
SOUTH KOREA — 0.7%
Korea Electric Power Corp. ADR (a)		25,902		333,618
SPAIN — 4.7%
Abertis Infraestructuras SA		19,599		284,241
Enagas (b)		9,276		140,777
Gas Natural SDG SA (b)		23,662		344,905
Iberdrola SA		256,827		1,457,169
Iberdrola Renovables SA		43,818		138,046
				2,365,138
UNITED KINGDOM — 8.3%
Centrica PLC		260,551		1,156,566
International Power PLC		77,986		350,374
National Grid PLC		176,913		1,299,576
Pennon Group PLC		18,230		150,824
Scottish & Southern Energy PLC		47,069		787,999
Severn Trent PLC		11,899		219,144
United Utilities Group PLC		34,818		273,739
				4,238,222
UNITED STATES — 40.1%
Allegheny Energy, Inc. (b)		8,475		175,263
Alliant Energy Corp.		5,579		177,078
Ameren Corp.		11,959		284,265
American Electric Power Co., Inc.		24,205		781,822
American Water Works Co., Inc.		8,804		181,362
Aqua America, Inc. (b)		6,901		122,010
Calpine Corp. (b),(a)		16,770		213,314
CenterPoint Energy, Inc.		20,148		265,148
CMS Energy Corp. (b)		11,604		169,999
Consolidated Edison, Inc. (b)		14,264		614,778
Constellation Energy Group, Inc. (b)		10,186		328,499
Dominion Resources, Inc. (b)		30,582		1,184,747
DTE Energy Co. (b)		8,534		389,236
Duke Energy Corp.		66,801		1,068,816
Edison International		16,627		527,408
El Paso Corp.		35,411		393,416
Entergy Corp. (b)		9,590		686,836
EQT Corp.		7,290		263,460
Exelon Corp.		33,633		1,277,045
FirstEnergy Corp. (b)		15,563		548,285
Integrys Energy Group, Inc. (b)		3,860		168,836
Kinder Morgan Management, LLC (a)		4,448		251,712
National Fuel Gas Co. (b)		4,159		190,815
NextEra Energy, Inc. (b)		21,062		1,026,983
NiSource, Inc.		13,946		202,217
Northeast Utilities		8,828		224,937

51

SPDR FTSE/Macquarie Global Infrastructure 100 ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
NRG Energy, Inc. (b),(a)		12,920	$	274,033
NSTAR (b)		5,365		187,775
OGE Energy Corp.		4,894		178,925
ONEOK, Inc.		5,336		230,782
Pepco Holdings, Inc. (b)		11,212		175,804
PG&E Corp.		18,919		777,571
Pinnacle West Capital Corp. (b)		5,472		198,962
PPL Corp.		23,839		594,783
Progress Energy, Inc.		14,568		571,357
Public Service Enterprise Group, Inc.		25,922		812,136
SCANA Corp. (b)		6,704		239,735
Sempra Energy		12,504		585,062
Spectra Energy Corp.		32,752		657,333
TECO Energy, Inc.		10,724		161,611
The AES Corp. (a)		40,312		372,483
The Southern Co.		41,794		1,390,904
The Williams Cos., Inc.		29,580		540,723
Wisconsin Energy Corp.		5,919		300,330
Xcel Energy, Inc. (b)		23,104		476,173
				303,372
				20,444,769
TOTAL COMMON STOCKS —
(Cost $77,457,136)				50,664,468
RIGHTS — 0.1%
SPAIN — 0.1%
Iberdrola SA (expired 06/28/10) (a)(c) (Cost $61,628)		262,817		57,352
SHORT TERM INVESTMENTS — 11.9%
UNITED STATES — 11.9%
MONEY MARKET FUNDS — 11.9%
State Street Navigator Securities Lending Prime Portfolio (d)(e)		5,979,291		5,979,291
State Street Institutional Liquid Reserves Fund (d)		92,519		92,519
TOTAL SHORT TERM INVESTMENTS —
(Cost $6,071,810)				6,071,810
TOTAL INVESTMENTS(e) — 111.4%
(Cost $83,590,574)				56,793,630
OTHER ASSETS AND LIABILITIES — (11.4)%				(5,790,632	)
NET ASSETS — 100.0%			$	51,002,998

(a)	Non-income producing security.
(b)	Security, or portion thereof, was on loan at June 30, 2010.
(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. Security value is determined based on Level 2 inputs. (See accompanying Notes to Schedules of Investments)
(d)	Affiliated Fund managed by SSgA Funds Management, Inc. (See accompanying Notes to Schedules of Investments)
(e)	Investments of cash collateral for securities loaned

52

SPDR FTSE/Macquarie Global Infrastructure 100 ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

INDUSTRY BREAKDOWN AS OF June 30, 2010*

	PERCENT OF
INDUSTRY**	NET ASSETS
Electric Utilities		48.1	%
Multi-Utilities		29.7
Oil, Gas & Consumable Fuels		7.7
Gas Utilities		5.8
Independent Power Producers & Energy Traders		4.2
Transportation Infrastructure		2.3
Water Utilities		1.3
Road & Rail		0.4
Short Term Investments		11.9
Other Assets & Liabilities		(11.4	)
TOTAL		100.0	%

*	The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time.
**	Each security is valued based on Level 1 inputs except for Iberdrola SA which was Level 2 and part of the Electric Utilities Industry, representing 0.1% of net assets. (See accompanying Notes to Schedules of Investments)

53

SPDR MSCI ACWI ex-US ETF
SCHEDULE OF INVESTMENTS

June 30, 2010 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS — 99.2%
AUSTRALIA — 5.6%
Alumina, Ltd.		211,793	$	272,809
Amcor, Ltd.		89,451		482,040
AMP, Ltd.		63,213		278,177
Australia & New Zealand Banking Group, Ltd.		41,790		762,788
BHP Billiton, Ltd.		93,393		2,969,998
BlueScope Steel, Ltd. (a)		131,711		233,624
Boral, Ltd. (b)		109,858		447,255
Brambles, Ltd.		49,600		228,745
CFS Retail Property Trust (b)		153,230		244,615
Coca-Cola Amatil, Ltd.		64,820		654,813
Commonwealth Bank of Australia		32,690		1,343,029
CSL, Ltd.		19,384		533,423
Fortescue Metals Group, Ltd. (a)		58,038		201,970
Foster’s Group, Ltd.		79,624		379,988
Insurance Australia Group, Ltd.		72,746		209,527
Intoll Group		267,163		234,686
Lend Lease Group		59,727		369,787
Macquarie Group, Ltd.		17,104		536,269
National Australia Bank, Ltd.		41,243		810,980
Newcrest Mining, Ltd.		16,512		489,535
Origin Energy, Ltd.		53,391		673,745
OZ Minerals, Ltd. (a)		296,930		240,770
Qantas Airways, Ltd. (a)		169,408		314,799
QBE Insurance Group, Ltd. (b)		24,583		377,905
Rio Tinto, Ltd. (b)		8,910		501,672
Santos, Ltd.		48,350		514,569
Sonic Healthcare, Ltd. (b)		24,880		219,185
Suncorp-Metway, Ltd.		62,099		421,714
Toll Holdings, Ltd.		68,529		317,199
Transurban Group (b)		57,727		206,739
Wesfarmers, Ltd.		221		5,348
Wesfarmers, Ltd. PPS		12,386		301,196
Westfield Group		40,596		417,645
Westpac Banking Corp.		46,212		828,670
Woodside Petroleum, Ltd.		17,807		629,302
Woolworths, Ltd.		33,190		757,477
				18,411,993
AUSTRIA — 0.3%
Erste Group Bank AG		13,454		434,325
OMV AG		6,818		206,613
Raiffeisen International Bank-Holding AG (a)(b)		9,097		350,891
Telekom Austria AG		13,936		155,936
				1,147,765
BELGIUM — 0.6%
Ageas		107,761		244,325
Anheuser-Busch InBev NV		14,702		715,657
Anheuser-Busch InBev NV — VVPR Strip (a)		8,694		32
Delhaize Group		3,073		224,831
Dexia SA (a)		44,481		157,407
Fortis VVPR Strip (a)		5,332		7
KBC Groep NV (a)		8,820		343,933
Solvay SA		2,724		234,131
UCB SA (b)		4,583		145,030
				2,065,353
BRAZIL — 3.1%
Banco Bradesco SA ADR (b)		56,148		890,507
Companhia de Bebidas das Americas Preference Shares ADR (b)		8,585		867,171
Companhia Energetica de Minas Gerais ADR (b)		47,464		696,297
Companhia Siderurgica Nacional SA ADR		43,091		633,007
Gerdau SA ADR (b)		48,444		638,492
Itau Unibanco Holding SA Preference Shares ADR (b)		87,720		1,579,837
Petroleo Brasileiro SA ADR		80,361		2,394,758
Tele Norte Leste Participacoes SA ADR (b)		17,326		259,197
Vale SA ADR (b)		101,764		2,139,079
				10,098,345
CANADA — 7.7%
Agnico-Eagle Mines, Ltd. (b)		3,088		187,666
Agrium, Inc.		5,053		247,265
Bank of Montreal (b)		16,645		904,420
Bank of Nova Scotia		24,992		1,153,585
Barrick Gold Corp.		26,650		1,211,808
Brookfield Asset Management, Inc. (Class A)		17,026		385,655
Brookfield Properties Corp.		28,493		400,857
Cameco Corp. (b)		11,402		242,922
Canadian Imperial Bank of Commerce (b)		10,330		642,946
Canadian National Railway Co. (b)		15,172		871,071
Canadian Natural Resources, Ltd.		30,957		1,029,230
Canadian Pacific Railway, Ltd. (b)		6,796		364,918
Canadian Tire Corp., Ltd. (Class A)		5,069		253,533
Cenovus Energy, Inc.		21,370		551,017
Enbridge, Inc. (b)		13,905		648,765
EnCana Corp.		22,229		674,411
Enerplus Resources Fund		8,949		192,766
Gildan Activewear, Inc. (a)(b)		11,923		343,109
Goldcorp, Inc.		20,869		915,357
Husky Energy, Inc.		11,525		273,741
IGM Financial, Inc. (b)		9,628		336,321
Imperial Oil, Ltd.		12,929		471,827
Kinross Gold Corp.		13,891		237,911
Loblaw Cos., Ltd.		9,192		333,979
Manulife Financial Corp. (b)		40,501		588,849
National Bank of Canada (b)		8,767		449,220
Nexen, Inc.		11,176		220,228
Onex Corp.		15,503		373,332
Penn West Energy Trust		12,254		234,090
Potash Corp. of Saskatchewan, Inc.		9,044		780,355
Research In Motion, Ltd. (a)		14,074		693,071
Rogers Communications, Inc. (Class B) (b)		13,728		449,310
Royal Bank of Canada (b)		32,875		1,568,496
Shaw Communications, Inc. (b)		14,710		265,366
Shoppers Drug Mart Corp. (b)		9,233		286,031
SNC-Lavalin Group, Inc. (b)		12,114		485,746

54

SPDR MSCI ACWI ex-US ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
Sun Life Financial, Inc. (b)		16,352	$	430,247
Suncor Energy, Inc.		33,541		988,886
Talisman Energy, Inc.		36,010		545,580
Teck Resources, Ltd. (Class B)		20,413		604,716
TELUS Corp. (Non-Voting) (b)		7,454		270,200
Thomson Reuters Corp.		16,160		579,397
TMX Group, Inc. (b)		7,056		184,526
Toronto-Dominion Bank (b)		20,171		1,309,364
TransAlta Corp.		17,585		326,332
TransCanada Corp. (b)		16,717		560,196
				25,068,618
CHILE — 0.4%
Empresa Nacional de Electricidad SA ADR		14,746		680,970
Enersis SA ADR		29,110		579,580
				1,260,550
CHINA — 2.3%
Bank of China, Ltd.		1,680,760		856,875
Bank of Communications Co., Ltd.		294,000		312,985
China Construction Bank Corp.		1,278,000		1,040,499
China COSCO Holdings Co., Ltd. (a)		309,600		319,255
China Life Insurance Co., Ltd.		232,000		1,032,316
China Petroleum & Chemical Corp.		598,000		487,637
China Shenhua Energy Co., Ltd.		57,500		210,443
China Telecom Corp., Ltd.		684,000		330,267
Huaneng Power International, Inc.		480,000		286,010
Industrial & Commercial Bank of China		1,160,000		852,070
PetroChina Co., Ltd.		602,000		677,981
Ping An Insurance Group Co. of China, Ltd.		61,000		504,080
Tencent Holdings, Ltd.		24,200		405,553
Zijin Mining Group Co., Ltd.		358,000		269,403
				7,585,374
DENMARK — 0.8%
A P Moller — Maersk A/S		57		454,212
Danske Bank A/S (a)		23,844		463,051
DSV A/S		15,326		222,656
Novo-Nordisk A/S (Class B)		14,239		1,156,896
Vestas Wind Systems A/S (a)		6,368		267,334
				2,564,149
FINLAND — 1.1%
Elisa Oyj (a)		9,802		170,732
Fortum Oyj		14,602		323,379
Kesko Oyj (Class B)		5,881		191,833
Kone Oyj (Class B)		10,795		433,179
Metso Oyj		13,247		430,320
Neste Oil Oyj (b)		9,363		137,052
Nokia Oyj (a)		34,019		279,605
Outokumpu Oyj		17,033		259,336
Sampo Oyj (Class A)		15,599		331,892
Stora Enso Oyj		39,755		290,958
UPM-Kymmene Oyj		25,083		335,508
Wartsila Oyj (b)		9,377		430,376
YIT Oyj		1		18
				3,614,188
FRANCE — 6.4%
Accor SA (a)(b)		7,035		329,607
Air France-KLM (a)		18,027		216,926
Air Liquide SA		8,076		825,611
Alcatel-Lucent (a)(b)		141,025		366,558
Alstom SA (b)		6,272		287,943
AXA SA		39,878		622,549
BNP Paribas (b)		24,907		1,365,870
Bouygues SA		6,694		261,768
Cap Gemini SA		4,616		205,217
Carrefour SA		16,657		668,000
Credit Agricole SA (b)		22,413		237,063
Danone SA		15,712		850,657
Essilor International SA		9,729		583,697
France Telecom SA		52,064		911,000
GDF Suez		29,650		853,480
Hermes International (b)		2,841		379,140
L’Oreal SA		7,818		775,391
Lagardere SCA		5,332		167,916
LVMH Moet Hennessy Louis Vuitton SA		6,364		700,093
Neopost SA (b)		2,505		182,599
Pernod — Ricard SA (b)		5,469		428,601
Peugeot SA (a)		12,275		316,726
PPR		4,056		509,488
Publicis Groupe SA (b)		7,006		282,165
Renault SA (a)		12,480		470,603
Sanofi-Aventis		27,224		1,651,661
Schneider Electric SA (b)		7,007		717,872
Societe Generale (b)		16,436		690,543
Sodexo		4,159		233,067
Technip SA		4,327		252,287
Total SA		55,999		2,535,547
Unibail-Rodamco SE		1,909		315,091
Vallourec SA		1,413		247,069
Veolia Environnement (b)		9,771		231,650
Vinci SA		13,973		587,747
Vivendi SA		33,975		699,773
				20,960,975
GERMANY — 5.3%
Adidas AG		9,199		449,306
Allianz SE		12,106		1,213,725
BASF SE		25,205		1,392,709
Bayer AG		20,190		1,137,614
Commerzbank AG (a)(b)		50,033		353,923
Daimler AG (a)		24,674		1,266,956
Deutsche Bank AG		14,794		846,259
Deutsche Boerse AG		7,108		436,026
Deutsche Lufthansa AG (a)		10,953		152,812
Deutsche Post AG		29,244		430,210
Deutsche Telekom AG		81,583		969,631
E.ON AG		49,001		1,331,273
Fresenius Medical Care AG & Co. KGaA		8,223		446,457
Linde AG		3,865		409,559
MAN SE		4,271		355,484

55

SPDR MSCI ACWI ex-US ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
Merck KGaA		3,022	$	222,062
Metro AG		5,391		276,816
Muenchener Rueckversicherungs- Gesellschaft AG		6,311		798,931
RWE AG		13,584		893,850
Salzgitter AG		1,790		107,414
SAP AG		25,531		1,147,091
Siemens AG		22,247		2,017,071
ThyssenKrupp AG		10,721		267,239
TUI AG (a)		29,685		263,582
Volkswagen AG (b)		3,006		257,596
Volkswagen AG Preference Shares		498		44,152
				17,487,748
GREECE — 0.2%
Hellenic Telecommunications Organization SA ADR (a)(b)		35,392		132,366
National Bank of Greece SA ADR (b)		170,561		370,117
				502,483
HONG KONG — 3.6%
Bank of East Asia, Ltd.		190,420		693,246
Cheung Kong Holdings, Ltd.		59,000		684,923
China Merchants Holdings International Co., Ltd.		113,471		378,132
China Mobile, Ltd.		175,000		1,757,382
China Overseas Land & Investment, Ltd.		120,000		226,219
China Resources Enterprise, Ltd.		120,000		446,120
Citic Pacific, Ltd.		120,000		224,678
CNOOC, Ltd.		522,217		897,281
COSCO Pacific, Ltd.		232,594		278,080
Esprit Holdings, Ltd.		48,141		262,430
Hang Lung Properties, Ltd.		120,000		464,612
Henderson Land Development Co., Ltd.		60,950		360,042
Hong Kong & China Gas Co., Ltd.		288,562		716,666
Hong Kong Exchanges and Clearing, Ltd.		46,400		730,516
Hutchison Whampoa, Ltd.		57,000		353,544
Li & Fung, Ltd.		120,000		541,662
Mongolia Energy Co., Ltd. (a)		353,000		124,661
New World Development Co., Ltd.		358,901		589,016
Shangri-La Asia, Ltd.		120,000		223,137
Sun Hung Kai Properties, Ltd.		59,440		819,794
Swire Pacific, Ltd.		57,500		657,172
The Link REIT		150,242		374,295
				11,803,608
HUNGARY — 0.3%
MOL Hungarian Oil and Gas NyRt (a)(b)		3,680		306,755
Richter Gedeon NyRt		3,559		634,625
				941,380
INDIA — 2.2%
Dr. Reddy’s Laboratories, Ltd. ADR (b)		22,960		708,316
HDFC Bank, Ltd. ADR (b)		8,388		1,199,232
ICICI Bank, Ltd. ADR (b)		26,953		974,081
Infosys Technologies, Ltd. ADR (b)		20,139		1,206,528
Reliance Industries, Ltd. GDR (c)		35,594		1,662,240
Tata Motors, Ltd. ADR (b)		79,400		1,364,886
				7,115,283
INDONESIA — 0.7%
Astra International Tbk PT		232,500		1,238,803
Bank Rakyat Indonesia Tbk PT		810,550		831,562
Telekomunikasi Indonesia Tbk PT		328,500		279,035
				2,349,400
IRELAND — 0.1%
CRH PLC		6,380		133,947
Elan Corp. PLC (a)		31,194		142,903
				276,850
ISRAEL — 0.7%
Bank Hapoalim BM (a)		116,077		420,766
Bank Leumi Le-Israel BM (a)		105,982		379,804
Teva Pharmaceutical Industries, Ltd. ADR		27,093		1,408,565
				2,209,135
ITALY — 2.0%
Assicurazioni Generali SpA		27,744		490,384
Atlantia SpA		18,183		324,954
Banca Monte dei Paschi di Siena SpA (a)(b)		175,442		200,930
Banca Popolare di Milano Scarl		46,065		191,986
Enel SpA (b)		162,703		695,539
Eni SpA		66,348		1,234,486
Fiat SpA (a)		42,994		448,429
Finmeccanica SpA		13,170		137,767
Intesa Sanpaolo SpA		222,372		595,158
Mediaset SpA		33,613		193,099
Mediobanca SpA (a)		18,988		143,272
Pirelli & C. SpA (a)		781,131		435,826
Saipem SpA		11,976		370,109
Telecom Italia SpA (a)		391,066		435,905
UBI Banca ScpA		27,942		243,006
UniCredit SpA		143,836		324,004
				6,464,854
JAPAN — 15.9%
Aeon Co., Ltd. (b)		17,500		186,886
Aisin Seiki Co., Ltd.		12,300		335,543
Asahi Breweries, Ltd. (b)		17,900		304,840
Asahi Glass Co., Ltd. (b)		60,000		571,590
Asahi Kasei Corp.		60,000		316,646
Astellas Pharma, Inc.		17,300		584,552
Bridgestone Corp. (b)		17,900		286,028
Canon, Inc.		23,200		873,048
Central Japan Railway Co.		57		472,799
Chubu Electric Power Co., Inc.		23,800		592,243
Credit Saison Co., Ltd. (b)		17,200		182,516
Daiichi Sankyo Co., Ltd.		23,900		429,438
Daikin Industries, Ltd.		18,100		559,834
Daiwa Securities Group, Inc.		58,000		247,757
Denso Corp. (b)		12,000		335,767
East Japan Railway Co. (b)		12,000		804,159
Eisai Co., Ltd. (b)		6,000		200,362

56

SPDR MSCI ACWI ex-US ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
Electric Power Development Co., Ltd.		6,000	$	190,801
Elpida Memory, Inc. (a)(b)		23,600		370,975
Fanuc, Ltd.		6,000		687,535
FUJIFILM Holdings Corp.		18,100		529,357
Fujitsu, Ltd. (b)		60,000		380,382
Furukawa Electric Co., Ltd. (b)		60,000		265,793
Hankyu Hanshin Holdings, Inc.		60,000		265,793
Hitachi, Ltd. (a)(b)		119,000		435,710
Hokuhoku Financial Group, Inc. (b)		120,000		222,398
Honda Motor Co., Ltd. (b)		40,700		1,194,462
Hoya Corp.		12,000		258,470
Inpex Holdings, Inc.		57		320,138
ITOCHU Corp.		60,500		482,004
Japan Real Estate Investment Corp.		57		467,002
Japan Retail Fund Investment Corp. (b)		240		293,999
Japan Tobacco, Inc.		123		386,000
JFE Holdings, Inc.		18,100		568,629
JS Group Corp.		11,700		225,564
JSR Corp.		12,000		204,226
JX Holdings, Inc. (a)		103,608		511,659
Kajima Corp. (b)		60,000		137,643
Kamigumi Co., Ltd.		61,000		471,511
KDDI Corp.		60		287,829
Keihin Electric Express Railway Co., Ltd. (b)		59,423		527,145
Kintetsu Corp. (b)		119,000		364,437
Kobe Steel, Ltd.		120,000		231,891
Komatsu, Ltd.		30,200		552,193
Konica Minolta Holdings, Inc.		30,000		292,575
Kubota Corp.		57,000		443,169
Kyocera Corp.		6,000		492,259
Makita Corp.		5,800		156,978
Marubeni Corp.		61,000		317,787
Marui Group Co., Ltd. (b)		35,900		244,634
Mitsubishi Chemical Holdings Corp. (b)		60,000		277,319
Mitsubishi Corp.		40,600		855,220
Mitsubishi Electric Corp.		60,000		474,630
Mitsubishi Estate Co., Ltd.		59,618		840,136
Mitsubishi Heavy Industries, Ltd. (b)		119,000		415,539
Mitsubishi UFJ Financial Group, Inc.		232,500		1,064,103
Mitsui & Co., Ltd.		57,800		688,453
Mitsui Chemicals, Inc. (b)		60,000		170,189
Mitsui Mining & Smelting Co., Ltd. (b)		123,000		329,427
Mizuho Financial Group, Inc. (b)		326,400		542,217
MS&AD Insurance Group Holdings, Inc.		18,200		394,686
Murata Manufacturing Co., Ltd.		6,000		289,863
NEC Corp. (b)		60,000		157,984
Nidec Corp. (b)		6,000		508,532
Nippon Steel Corp.		173,000		578,687
Nippon Telegraph & Telephone Corp.		11,900		489,502
Nippon Yusen KK		60,000		221,720
Nissan Motor Co., Ltd. (a)(b)		59,800		423,040
Nitto Denko Corp.		11,900		395,232
NKSJ Holdings, Inc. (a)		56,938		340,380
Nomura Holdings, Inc.		65,200		360,298
NTT Data Corp.		60		223,754
NTT DoCoMo, Inc.		482		732,614
Obayashi Corp.		60,000		240,705
ORIX Corp. (b)		6,640		487,739
Osaka Gas Co., Ltd.		119,000		430,331
Panasonic Corp.		59,600		755,692
Resona Holdings, Inc. (b)		17,900		220,690
Rohm Co., Ltd.		6,100		370,177
Secom Co., Ltd.		6,000		268,166
Seven & I Holdings Co., Ltd.		23,000		532,049
Sharp Corp.		60,000		641,428
Shin-Etsu Chemical Co., Ltd.		11,900		561,448
Softbank Corp.		23,500		629,659
Sony Corp.		29,000		780,958
Sumitomo Chemical Co., Ltd. (b)		60,000		235,281
Sumitomo Corp.		29,900		303,089
Sumitomo Electric Industries, Ltd.		23,900		282,781
Sumitomo Metal Industries, Ltd.		120,000		275,285
Sumitomo Mitsui Financial Group, Inc.		17,900		513,394
T&D Holdings, Inc.		5,850		126,864
Takeda Pharmaceutical Co., Ltd.		23,200		1,001,514
TDK Corp. (b)		6,000		333,258
Teijin, Ltd.		119,000		357,713
Terumo Corp.		11,900		575,568
The 77 Bank, Ltd. (b)		120,697		653,338
The Bank of Yokohama, Ltd.		60,000		277,319
The Chiba Bank, Ltd.		57,000		347,192
The Joyo Bank, Ltd.		60,000		239,349
The Kansai Electric Power Co., Inc.		28,900		705,762
The Shizuoka Bank, Ltd. (b)		57,000		501,141
The Sumitomo Trust & Banking Co., Ltd.		60,000		309,866
The Tokyo Electric Power Co., Inc.		41,700		1,136,159
Tokio Marine Holdings, Inc.		17,900		475,769
Tokyo Electron, Ltd.		6,000		329,190
Tokyo Gas Co., Ltd.		119,000		544,638
Tokyu Corp.		60,000		245,451
Toppan Printing Co., Ltd. (b)		60,000		480,732
Toray Industries, Inc. (b)		60,000		290,202
Toshiba Corp. (a)		60,000		301,729
Toyota Motor Corp.		70,100		2,439,914
Toyota Tsusho Corp.		18,700		270,917
West Japan Railway Co.		119		437,055
Yahoo! Japan Corp. (b)		777		313,030
Yamada Denki Co., Ltd. (b)		3,510		231,250
Yamaha Corp.		23,000		238,083
Yamaha Motor Co., Ltd. (a)(b)		23,900		320,053
				51,850,409
LUXEMBOURG — 0.2%
ArcelorMittal (b)		19,584		536,262
MEXICO — 1.0%
America Movil SAB de CV		530,818		1,260,674
Cemex SAB de CV (a)(b)		384,065		373,799

57

SPDR MSCI ACWI ex-US ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
Fomento Economico Mexicano SAB de CV		55,818	$	242,647
Grupo Financiero Banorte SAB de CV		124,419		473,171
Grupo Modelo SAB de CV		70,971		351,870
Grupo Televisa SA de CV (Series CPO) (b)		110,015		385,946
Telefonos de Mexico SA de CV (b)		417,359		297,688
				3,385,795
NETHERLANDS — 2.3%
Aegon NV (a)		16,677		90,494
Akzo Nobel NV (b)		9,080		478,306
ASML Holding NV		14,325		401,205
European Aeronautic Defence and Space Co. NV (a)(b)		14,040		290,123
Heineken NV (b)		7,581		323,802
ING Groep NV (a)		73,311		554,597
James Hardie Industries SE (a)		73,621		389,894
Koninklijke (Royal) KPN NV		57,122		732,923
Koninklijke Ahold NV		38,904		484,398
Koninklijke DSM NV		7,759		312,206
Koninklijke Philips Electronics NV		34,591		1,047,399
Reed Elsevier NV		28,975		323,718
SBM Offshore NV		11,980		173,230
TNT NV		15,066		383,481
Unilever NV		48,380		1,335,736
Wolters Kluwer NV		13,860		267,814
				7,589,326
NORWAY — 0.6%
DnB NOR ASA		78,231		759,676
Norsk Hydro ASA (b)		55,607		254,386
StatoilHydro ASA		27,871		541,721
Telenor ASA		23,137		294,054
Yara International ASA (b)		5,928		168,638
				2,018,475
POLAND — 0.1%
Telekomunikacja Polska SA GDR (b)		78,689		333,193
PORTUGAL — 0.2%
Banco Comercial Portugues SA (b)		242,017		183,797
Portugal Telecom, SGPS SA		44,753		448,411
				632,208
RUSSIA — 1.2%
LUKOIL ADR		17,709		912,013
Mechel OAO ADR		28,618		519,131
OAO Gazprom ADR		70,907		1,353,615
OJSC Mobile TeleSystems ADR		27,915		534,851
Tatneft ADR (d)		22,135		624,207
Tatneft ADR (d)		989		27,890
				3,971,707
SINGAPORE — 1.3%
CapitaLand, Ltd.		119,000		306,855
DBS Group Holdings, Ltd.		59,500		583,024
Fraser and Neave, Ltd.		117,000		431,595
Singapore Exchange, Ltd. (b)		119,000		629,905
Singapore Press Holdings, Ltd. (b)		179,000		485,932
Singapore Telecommunications, Ltd.		477,000		1,038,665
United Overseas Bank, Ltd. (b)		60,470		849,811
				4,325,787
SOUTH AFRICA — 1.5%
Anglo Platinum, Ltd. (a)		4,717		448,576
AngloGold Ashanti, Ltd.		12,423		537,950
Discovery Holdings, Ltd.		1		5
FirstRand, Ltd.		116,779		275,122
Gold Fields, Ltd.		28,279		382,916
Harmony Gold Mining Co., Ltd.		24,680		262,067
Impala Platinum Holdings, Ltd.		17,937		421,177
MTN Group, Ltd.		42,441		559,177
Naspers, Ltd.		12,281		416,373
Sanlam, Ltd.		114,849		342,488
Sasol, Ltd.		17,976		643,926
Standard Bank Group, Ltd.		37,487		500,704
Telkom SA, Ltd.		19,501		96,032
				4,886,513
SOUTH KOREA — 3.2%
Hana Financial Group, Inc.		18,980		510,238
Hyundai Development Co.		9,250		208,169
Hyundai Heavy Industries		1,771		340,587
Hyundai Mobis		4,707		797,362
Hyundai Motor Co.		3,786		447,703
KB Financial Group, Inc.		13,312		517,462
Kia Motors Corp.		39,740		1,063,449
Korea Electric Power Corp. ADR (a)		16,840		216,899
KT Corp. ADR (b)		12,109		232,130
KT&G Corp.		4,600		226,619
LG Electronics, Inc.		4,600		353,856
NHN Corp. (a)		1,615		242,521
POSCO ADR (b)		8,758		826,055
Samsung C&T Corp.		8,297		353,753
Samsung Electronics Co., Ltd. GDR (a)(c)		5,824		1,844,752
Samsung Electronics Co., Ltd. GDR (c)		10		3,168
Samsung Fire & Marine Insurance Co., Ltd.		1,698		271,660
Samsung Heavy Industries Co., Ltd.		13,070		247,075
Samsung Securities Co., Ltd. (a)		5,374		240,122
Shinhan Financial Group Co., Ltd.		10,374		387,550
Shinsegae Co., Ltd.		451		195,980
SK Energy Co., Ltd.		4,137		372,408
SK Holdings Co., Ltd.		3,621		258,989
SK Telecom Co., Ltd. ADR		13,936		205,277
				10,363,784
SPAIN — 2.8%
Abertis Infraestructuras SA		20,743		300,832
Acciona SA (b)		2,318		178,281
Acerinox SA		20,712		325,499
ACS, Actividades de Construccion y Servicios SA (b)		10,141		375,011
Banco Bilbao Vizcaya Argentaria SA (b)		68,268		720,148

58

SPDR MSCI ACWI ex-US ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
Banco Popular Espanol SA (b)		55,890	$	288,010
Banco Santander SA		178,065		1,906,298
Ferrovial SA (b)		31,931		209,251
Gamesa Corp. Tecnologica SA (b)		12,109		105,280
Gas Natural SDG SA (b)		18,675		272,213
Iberdrola SA		102,038		578,937
Indra Sistemas SA (b)		25,354		409,320
Industria de Diseno Textil SA		9,268		534,526
Mapfre Common Stock (b)		2,074		5,706
Mapfre SA (b)(e)		64,308		176,919
Repsol YPF SA		26,443		539,780
Telefonica SA		118,286		2,210,275
				9,136,286
SWEDEN — 2.2%
Assa Abloy AB (Class B) (b)		15,619		315,511
Atlas Copco AB (Class B) (b)		35,931		479,726
Hennes & Mauritz AB (Class B) (b)		25,990		720,052
Husqvarna AB (Class B) (b)		72,446		439,312
Nordea Bank AB		92,452		771,027
Sandvik AB (b)		32,182		397,416
Securitas AB (Class B) (b)		19,410		177,339
Skandinaviska Enskilda Banken AB (Class A) (b)		93,009		499,586
Skanska AB (Class B) (b)		19,348		282,438
SKF AB (Class B) (b)		18,809		341,279
Svenska Handelsbanken AB (Class A)		16,532		408,308
Tele2 AB (Class B) (b)		24,102		362,986
Telefonaktiebolaget LM Ericsson (Class B) (b)		85,163		954,828
TeliaSonera AB (b)		57,126		369,609
Volvo AB ADR (Class A) (a)		52,242		558,872
				7,078,289
SWITZERLAND — 5.9%
ABB, Ltd. (a)		57,881		1,018,225
Adecco SA		4,817		231,168
Credit Suisse Group AG (a)		25,483		967,000
Geberit AG		1,787		279,232
Givaudan SA		471		402,491
Holcim, Ltd.		7,533		508,906
Kuehne & Nagel International AG		5,870		608,584
Logitech International SA (a)(b)		21,652		296,363
Nestle SA		105,564		5,110,067
Nobel Biocare Holding AG		9,711		168,401
Novartis AG		55,116		2,688,461
Roche Holding AG		18,936		2,618,220
SGS SA		249		337,588
Swiss Reinsurance Co., Ltd.		8,136		337,331
Syngenta AG		3,301		767,126
The Swatch Group AG		1,938		550,839
UBS AG (a)		83,242		1,116,223
Xstrata PLC		41,153		545,994
Zurich Financial Services AG		3,767		836,645
				19,388,864
TAIWAN — 2.1%
AU Optronics Corp. ADR (b)		79,363		704,743
Hon Hai Precision Industry Co., Ltd. GDR (a)(d)		242,550		1,775,466
Hon Hai Precision Industry Co., Ltd. GDR (a)(d)		106,451		779,221
Taiwan Semiconductor Manufacturing Co., Ltd. ADR		243,817		2,379,654
United Microelectronics Corp. ADR (a)(b)		428,826		1,247,884
				6,886,968
THAILAND — 0.5%
Bangkok Bank PCL		349,376		1,380,677
PTT PCL		48,777		370,458
				1,751,135
TURKEY — 0.3%
Akbank TAS		133,712		646,074
Turkiye Is Bankasi (d)		98,514		308,002
				954,076
UNITED KINGDOM — 14.5%
3i Group PLC		70,175		279,375
Anglo American PLC (a)		38,250		1,345,092
AstraZeneca PLC		38,557		1,828,040
BAE Systems PLC		91,719		430,187
Barclays PLC		277,527		1,123,345
BG Group PLC		94,373		1,420,385
BHP Billiton PLC		46,561		1,222,182
BP PLC		518,408		2,473,355
British American Tobacco PLC		51,315		1,640,240
British Land Co. PLC		61,830		402,946
British Sky Broadcasting Group PLC		38,542		403,927
BT Group PLC		92,896		180,815
Burberry Group PLC		47,882		545,510
Capita Group PLC		25,061		277,829
Centrica PLC		180,194		799,868
Cobham PLC		83,242		265,640
Compass Group PLC		72,082		552,150
Diageo PLC		73,957		1,172,858
Experian PLC		42,143		369,474
FirstGroup PLC		52,069		284,804
G4S PLC		62,486		249,886
GlaxoSmithKline PLC		134,376		2,297,885
Hammerson PLC		53,373		274,449
HSBC Holdings PLC		449,339		4,135,716
ICAP PLC		65,140		394,891
Imperial Tobacco Group PLC		27,632		776,782
Inchcape PLC (a)		43		158
Intercontinental Hotels Group PLC		29,125		463,190
International Power PLC		48,926		219,814
J Sainsbury PLC		54,753		263,360
Land Securities Group PLC		29,206		244,037
Lloyds Banking Group PLC (a)		281,988		226,551
Marks & Spencer Group PLC		50,095		248,674
National Grid PLC		114,524		841,276
Next PLC		10,027		301,378
Old Mutual PLC		355,336		550,224
Pearson PLC		26,927		357,735
Prudential PLC		36,436		277,193

59

SPDR MSCI ACWI ex-US ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
Reckitt Benckiser Group PLC		19,092	$	894,609
Reed Elsevier PLC		39,209		292,716
Rio Tinto PLC		34,878		1,548,991
Rolls-Royce Group PLC (a)		55,239		464,867
Royal Bank of Scotland Group PLC (a)		658,782		408,335
Royal Dutch Shell PLC (Class A)		99,009		2,519,645
Royal Dutch Shell PLC (Class B)		72,064		1,758,461
RSA Insurance Group PLC		97,763		174,931
SABMiller PLC		25,118		709,868
Scottish & Southern Energy PLC		28,828		482,620
Severn Trent PLC		17,371		319,921
Smith & Nephew PLC		37,353		355,141
Smiths Group PLC		15,130		242,658
Standard Chartered PLC		30,626		751,898
Standard Life PLC		91,569		239,058
Tesco PLC		215,611		1,225,948
The Sage Group PLC		56,973		197,409
Tomkins PLC		133,797		453,994
Tullow Oil PLC		5,902		88,565
Unilever PLC		36,737		989,869
United Utilities Group PLC		26,249		206,370
Vodafone Group PLC		1,394,939		2,904,014
Whitbread PLC		21,090		444,578
Wolseley PLC (a)		14,917		298,829
WPP PLC		37,586		357,357
				47,471,873
TOTAL COMMON STOCKS —
(Cost $404,020,937)				324,489,001
RIGHTS — 0.0% (f)
CHINA — 0.0% (f)
Bank of Communications Co., Ltd.(expiring 07/09/10) (a)		44,100		17,669
NORWAY — 0.0% (f)
Norsk Hydro ASA (expiring 07/09/10) (a)(b)		16,923		8,744
SPAIN — 0.0% (f)
Iberdrola SA (expired 06/28/10) (a)(e)		111,006		24,224
TOTAL RIGHTS —
(Cost $26,030)				50,637
WARRANTS — 0.0% (f)
HONG KONG — 0.0% (f)
Henderson Land Development (expiring 06/01/11) (a)		12,800		2,170
ITALY — 0.0% (f)
Mediobanca Spa (expiring 3/18/11) (a)		15,365		623
UBI Banca ScpA (expiring 6/30/11) (a)		21,885		439
				1,062
TOTAL WARRANTS —
(Cost $0)				3,232
SHORT TERM INVESTMENTS — 8.0%
UNITED STATES — 8.0%
MONEY MARKET FUNDS — 8.0%
State Street Navigators Securities Lending Prime Portfolio (g)(h)		25,337,271		25,337,271
State Street Institutional Liquid Reserves Fund (g)		701,172		701,172
TOTAL SHORT TERM INVESTMENTS —
(Cost $26,038,443)				26,038,443
TOTAL INVESTMENTS — 107.2%
(Cost $430,085,410)				350,581,313
OTHER ASSETS AND LIABILITIES — (7.2)%				(23,619,244	)
NET ASSETS — 100.0%			$	326,962,069

(a)	Non-income producing security.
(b)	Security, or portion thereof, was on loan at June 30, 2010.
(c)	Securities purchased pursuant to Rule 144A of the Securities Act of 1933. These securities, which represent 1.1% of net assets as of June 30, 2010, are considered liquid and may be resold in transactions exempt from registration, normally to qualified institutional buyers.
(d)	Reflects separate holdings of the issuer’s common stock traded on different securities exchanges.
(e)	Securities are valued at fair value as determined in good faith by the Trust’s Pricing and Investment Committee in accordance with the procedures approved by the Board of Trustees. Securities’ values are determined based on Level 2 inputs. (See accompanying Notes to Schedules of Investments)
(f)	Amount shown represents less than 0.05% of net assets.
(g)	Affiliated Fund managed by SSgA Funds Management, Inc. (See accompanying Notes to Schedules of Investments)
(h)	Investments of cash collateral for securities loaned.

ADR = American Depositary Receipt

GDR = Global Depositary Receipt

REIT = Real Estate Investment Trust

60

SPDR MSCI ACWI ex-US ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

INDUSTRY BREAKDOWN AS OF June 30, 2010*

	PERCENT OF
INDUSTRY**	NET ASSETS
Commercial Banks		15.1	%
Oil, Gas & Consumable Fuels		10.3
Metals & Mining		7.2
Pharmaceuticals		5.8
Insurance		3.7
Diversified Telecommunication Services		3.4
Automobiles		3.0
Wireless Telecommunication Services		2.8
Chemicals		2.7
Food Products		2.5
Machinery		2.4
Electric Utilities		2.3
Semiconductors & Semiconductor Equipment		2.1
Food & Staples Retailing		2.0
Beverages		1.9
Real Estate Management & Development		1.9
Capital Markets		1.7
Electronic Equipment, Instruments & Components		1.7
Media		1.7
Industrial Conglomerates		1.6
Road & Rail		1.4
Electrical Equipment		1.2
Multi-Utilities		1.2
Trading Companies & Distributors		1.1
Diversified Financial Services		1.0
Construction & Engineering		0.9
Household Durables		0.9
Real Estate Investment Trusts		0.9
Textiles, Apparel & Luxury Goods		0.9
Tobacco		0.9
Hotels, Restaurants & Leisure		0.8
Auto Components		0.7
Communications Equipment		0.7
Transportation Infrastructure		0.7
Building Products		0.6
Construction Materials		0.6
Gas Utilities		0.6
IT Services		0.6
Aerospace & Defense		0.5
Health Care Equipment & Supplies		0.5
Independent Power Producers & Energy Traders		0.5
Marine		0.5
Multiline Retail		0.5
Specialty Retail		0.5
Commercial Services & Supplies		0.4
Office Electronics		0.4
Professional Services		0.4
Software		0.4
Air Freight & Logistics		0.3
Computers & Peripherals		0.3
Household Products		0.3
Internet Software & Services		0.3
Airlines		0.2
Biotechnology		0.2
Consumer Finance		0.2
Distributors		0.2
Energy Equipment & Services		0.2
Health Care Providers & Services		0.2
Paper & Forest Products		0.2
Personal Products		0.2
Containers & Packaging		0.1
Leisure Equipment & Products		0.1
Water Utilities		0.1
Short Term Investments		8.0
Other Assets & Liabilities		(7.2	)
TOTAL		100.0	%

*	The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time.
**	Each security is valued based on Level 1 inputs except for Mapfre SA which was Level 2 and part of the Insurance Industry and Iberdrola SA which was Level 2 and part of the Electric Utilities Industry, both representing less than 0.05% of net assets. (See accompanying Notes to Schedules of Investments)

61

SPDR Russell/Nomura PRIME Japan ETF
SCHEDULE OF INVESTMENTS

June 30, 2010 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS — 99.2%
AIR FREIGHT & LOGISTICS — 0.4%
Yamato Holdings Co., Ltd.		3,880	$	51,871
AIRLINES — 0.2%
All Nippon Airways Co., Ltd. (a)		11,000		35,179
AUTO COMPONENTS — 2.6%
Aisin Seiki Co., Ltd.		1,168		31,863
Bridgestone Corp. (b)		3,903		62,367
Denso Corp. (b)		2,747		76,863
FCC Co., Ltd. (b)		884		16,673
Futaba Industrial Co., Ltd. (a)(b)		508		3,864
Keihin Corp.		556		9,733
NGK Spark Plug Co., Ltd.		2,160		27,168
NHK Spring Co., Ltd.		1,340		12,387
Nifco, Inc.		1,028		21,468
Nissin Kogyo Co., Ltd. (b)		616		9,077
NOK Corp.		1,116		17,971
Showa Corp. (a)		2,112		11,934
Stanley Electric Co., Ltd.		744		12,469
Sumitomo Rubber Industries, Inc. (b)		1,908		16,991
Tokai Rika Co., Ltd.		120		2,102
Toyo Tire & Rubber Co., Ltd. (b)		2,851		6,121
Toyota Boshoku Corp.		100		1,479
Toyota Industries Corp.		1,172		30,078
				370,608
AUTOMOBILES — 6.9%
Daihatsu Motor Co., Ltd.		1,464		13,732
Fuji Heavy Industries, Ltd. (a)(b)		6,347		34,428
Honda Motor Co., Ltd. (b)		8,674		254,564
Isuzu Motors, Ltd.		9,651		29,447
Mazda Motor Corp. (b)		6,123		14,531
Mitsubishi Motors Corp. (a)(b)		27,173		34,699
Nissan Motor Co., Ltd. (a)		11,862		83,915
Suzuki Motor Corp.		2,192		43,523
Toyota Motor Corp.		13,477		469,083
Yamaha Motor Co., Ltd. (a)(b)		1,316		17,623
				995,545
BEVERAGES — 1.1%
Asahi Breweries, Ltd. (b)		2,584		44,006
Ito En, Ltd.		1,556		23,914
Kirin Holdings Co., Ltd. (b)		6,207		78,701
Takara Holdings, Inc. (b)		2,479		12,635
				159,256
BUILDING PRODUCTS — 1.4%
Aica Kogyo Co., Ltd.		2,284		24,340
Asahi Glass Co., Ltd. (b)		6,299		60,007
Daikin Industries, Ltd.		1,532		47,385
JS Group Corp.		1,872		36,090
TOTO, Ltd. (b)		4,444		29,881
				197,703
CAPITAL MARKETS — 1.3%
Daiwa Securities Group, Inc.		8,482		36,232
JAFCO Co., Ltd.		312		7,006
Mizuko Securities Co., Ltd.		5,587		12,628
Nomura Holdings, Inc.		16,476		91,047
OKASAN SECURITIES GROUP, Inc.		3,107		12,219
SBI Holdings, Inc.		160		20,269
Tokai Tokyo Financial Holdings, Inc.		3,967		15,780
				195,181
CHEMICALS — 4.3%
Asahi Kasei Corp.		5,859		30,920
Daicel Chemical Industries, Ltd.		2,055		14,027
DIC Corp.		6,391		9,967
Hitachi Chemical Co., Ltd. (b)		976		18,353
JSR Corp.		1,360		23,146
Kaneka Corp.		3,224		18,909
Kansai Paint Co., Ltd.		4,092		35,376
Kuraray Co., Ltd.		3,471		41,264
Mitsubishi Chemical Holdings Corp. (b)		6,623		30,611
Mitsubishi Gas Chemical Co., Inc.		3,268		16,065
Mitsui Chemicals, Inc. (b)		4,843		13,737
Nissan Chemical Industries, Ltd.		2,416		27,412
Nitto Denko Corp.		784		26,039
Shin-Etsu Chemical Co., Ltd.		2,420		114,177
Showa Denko K.K.		6,723		12,308
Sumitomo Chemical Co., Ltd. (b)		8,674		34,014
Taiyo Nippon Sanso Corp.		4,180		33,585
Teijin, Ltd.		7,367		22,145
Tokai Carbon Co., Ltd.		1,828		8,676
Toray Industries, Inc. (b)		7,758		37,523
Tosoh Corp.		5,599		14,679
Ube Industries, Ltd.		8,543		20,467
Zeon Corp. (b)		3,132		18,511
				621,911
COMMERCIAL BANKS — 8.0%
Chuo Mitsui Trust Holdings, Inc. (b)		5,981		21,358
Fukuoka Financial Group, Inc. (b)		7,000		29,427
Hokuhoku Financial Group, Inc. (b)		9,658		17,899
Mitsubishi UFJ Financial Group, Inc.		60,500		276,896
Mizuho Financial Group, Inc. (b)		75,000		124,590
Mizuho Trust & Banking Co., Ltd. (a)(b)		10,370		9,024
Resona Holdings, Inc. (b)		3,200		39,453
Shinsei Bank, Ltd. (a)(b)		9,726		8,353
Sumitomo Mitsui Financial Group, Inc.		5,600		160,615
Suruga Bank, Ltd.		1,496		13,711
The 77 Bank, Ltd. (b)		3,803		20,586
The Awa Bank, Ltd. (b)		3,731		23,148
The Bank of Kyoto, Ltd.		1,916		15,893
The Bank of Yokohama, Ltd.		7,947		36,731
The Chiba Bank, Ltd.		6,063		36,930
The Chugoku Bank, Ltd.		1,504		17,846
The Hachijuni Bank, Ltd.		4,719		26,717
The Hiroshima Bank, Ltd. (b)		5,811		23,378
The Hyakugo Bank, Ltd.		5,147		22,277
The Iyo Bank, Ltd. (b)		4,180		39,112
The Joyo Bank, Ltd.		5,155		20,564
The Juroku Bank, Ltd.		4,883		17,437
The Musashino Bank, Ltd.		520		15,032
The Nanto Bank, Ltd. (b)		3,391		17,551

62

SPDR Russell/Nomura PRIME Japan ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
The Nishi-Nippon City Bank, Ltd.		7,799	$	22,562
The Shizuoka Bank, Ltd. (b)		3,363		29,567
The Sumitomo Trust & Banking Co., Ltd.		9,634		49,754
Yamaguchi Financial Group, Inc.		2,076		20,012
				1,156,423
COMMERCIAL SERVICES & SUPPLIES — 1.2%
Aeon Delight Co., Ltd. (b)		200		3,919
Dai Nippon Printing Co., Ltd. (b)		3,739		43,648
Daiseki Co., Ltd. (b)		400		8,385
Nissha Printing Co., Ltd. (b)		236		6,403
Park24 Co., Ltd. (b)		1,100		11,884
Secom Co., Ltd.		1,368		61,142
Toppan Printing Co., Ltd. (b)		4,299		34,444
				169,825
COMMUNICATIONS EQUIPMENT — 0.0% (c)
Aiphone Co., Ltd.		200		3,426
COMPUTERS & PERIPHERALS — 1.7%
Fujitsu, Ltd. (b)		11,498		72,894
NEC Corp. (b)		12,918		34,014
Seiko Epson Corp.		1,276		16,626
Toshiba Corp. (a)(b)		23,633		118,846
				242,380
CONSTRUCTION & ENGINEERING — 1.1%
Chiyoda Corp.		1,688		12,456
COMSYS Holdings Corp. (b)		2,000		18,081
JGC Corp.		2,460		37,919
Kajima Corp.		7,595		17,423
Maeda Corp. (b)		4,855		12,784
Obayashi Corp. (b)		5,679		22,783
Shimizu Corp.		4,559		15,765
Taisei Corp. (b)		9,995		20,218
				157,429
CONSTRUCTION MATERIALS — 0.1%
Taiheiyo Cement Corp. (a)		9,607		12,268
CONSUMER FINANCE — 0.6%
Acom Co., Ltd.		12		157
Aeon Credit Service Co., Ltd.		1,040		9,343
Aiful Corp. (a)(b)		1,331		1,609
Credit Saison Co., Ltd. (b)		1,264		13,413
Orient Corp. (a)(b)		4,501		3,510
ORIX Corp. (b)		626		45,982
Promise Co., Ltd. (b)		764		5,206
Takefuji Corp. (b)		1,054		3,109
				82,329
CONTAINERS & PACKAGING — 0.1%
Toyo Seikan Kaisha, Ltd.		1,048		15,503
DISTRIBUTORS — 0.1%
Canon Marketing Japan, Inc. (b)		992		14,069
DIVERSIFIED CONSUMER SERVICES — 0.2%
Benesse Holdings, Inc.		628		28,636
DIVERSIFIED TELECOMMUNICATION SERVICES — 1.8%
Nippon Telegraph & Telephone Corp.		6,300		259,148
ELECTRIC UTILITIES — 4.6%
Chubu Electric Power Co., Inc.		3,963		98,616
Hokkaido Electric Power Co., Inc.		1,328		28,664
Hokuriku Electric Power Co. (b)		1,412		31,052
Kyushu Electric Power Co., Inc.		2,376		53,432
Shikoku Electric Power Co., Inc. (b)		1,572		45,051
The Chugoku Electric Power Co., Inc. (b)		1,748		36,129
The Kansai Electric Power Co., Inc.		4,811		117,489
The Okinawa Electric Power Co., Inc.		136		6,908
The Tokyo Electric Power Co., Inc.		6,767		184,374
Tohoku Electric Power Co., Inc.		2,843		61,204
				662,919
ELECTRICAL EQUIPMENT — 2.3%
Fuji Electric Holdings Co., Ltd. (b)		6,099		17,851
Fujikura, Ltd.		4,107		18,147
Furukawa Electric Co., Ltd. (b)		3,899		17,272
Mitsubishi Electric Corp.		11,974		94,720
Nidec Corp. (b)		964		81,704
Panasonic Electric Works, Co., Ltd.		4,151		41,327
Sumitomo Electric Industries, Ltd.		3,887		45,991
Ushio, Inc.		1,136		17,742
				334,754
ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS — 5.3%
Alps Electric Co., Ltd. (a)(b)		1,868		16,233
Canon Electronics, Inc.		100		2,281
Citizen Holdings Co., Ltd.		3,103		19,251
FUJIFILM Holdings Corp.		2,927		85,604
Hamamatsu Photonics K.K. (b)		668		18,759
Hirose Electric Co., Ltd. (b)		408		37,669
Hitachi, Ltd. (a)(b)		16,933		61,999
Horiba, Ltd.		504		13,601
Hoya Corp.		2,732		58,845
Ibiden Co., Ltd. (b)		996		27,238
Keyence Corp. (b)		440		102,778
Kyocera Corp.		992		81,387
Murata Manufacturing Co., Ltd.		1,328		64,156
Nippon Electric Glass Co., Ltd.		1,548		17,983
Oki Electric Industry Co., Ltd. (a)		12,166		10,586
OMRON Corp.		1,480		32,681
Shimadzu Corp. (b)		3,312		25,227
TDK Corp. (b)		996		55,321
Yaskawa Electric Corp.		1,604		12,054
Yokogawa Electric Corp. (b)		1,864		11,733
				755,386
FOOD & STAPLES RETAILING — 1.7%
Aeon Co., Ltd. (b)		4,503		48,089
Cawachi, Ltd.		548		10,336
FamilyMart Co., Ltd. (b)		952		31,586
Izumiya Co., Ltd.		2,740		11,890
Lawson, Inc. (b)		400		17,561
Seven & I Holdings Co., Ltd.		4,639		107,312
UNY Co., Ltd.		2,000		15,369
				242,143
FOOD PRODUCTS — 1.0%
Ajinomoto Co., Inc.		4,003		36,506

63

SPDR Russell/Nomura PRIME Japan ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
Hokuto Corp.		500	$	9,911
Kikkoman Corp.		2,256		23,812
MEIJI Holdings Co., Ltd. (a)(b)		400		16,454
Nissin Food Products Co., Ltd. (b)		640		23,614
Sakata Seed Corp. (b)		1,584		20,639
Yakult Honsha Co., Ltd. (b)		464		12,715
				143,651
GAS UTILITIES — 1.0%
Osaka Gas Co., Ltd.		13,150		47,553
Saibu Gas Co., Ltd.		10,273		28,907
Tokyo Gas Co., Ltd.		13,873		63,494
				139,954
HEALTH CARE EQUIPMENT & SUPPLIES — 0.6%
Nakanishi, Inc.		200		17,155
Olympus Corp. (b)		492		11,787
Sysmex Corp.		200		11,436
Terumo Corp.		956		46,239
				86,617
HEALTH CARE PROVIDERS & SERVICES — 0.4%
MEDIPAL HOLDINGS Corp.		1,192		14,251
Miraca Holdings, Inc.		636		19,183
Suzuken Co., Ltd. (b)		632		21,255
				54,689
HOTELS, RESTAURANTS & LEISURE — 0.3%
Oriental Land Co., Ltd. (b)		404		33,830
Round One Corp. (b)		800		4,430
				38,260
HOUSEHOLD DURABLES — 3.5%
Casio Computer Co., Ltd. (b)		2,248		13,667
Funai Electric Co., Ltd.		495		17,956
Haseko Corp. (a)(b)		9,139		7,333
Panasonic Corp.		11,981		151,912
Pioneer Corp. (a)(b)		2,260		7,611
Sangetsu Co., Ltd.		176		3,674
Sanyo Electric Co., Ltd. (a)(b)		11,422		14,844
Sekisui Chemical Co., Ltd.		3,079		19,415
Sekisui House, Ltd.		3,679		31,763
Sharp Corp.		5,519		59,001
Sony Corp.		6,311		169,953
Sumitomo Forestry Co., Ltd.		1,268		10,202
				507,331
HOUSEHOLD PRODUCTS — 0.3%
Uni-Charm Corp. (b)		344		38,991
INDEPENDENT POWER PRODUCERS & ENERGY TRADERS — 0.2%
Electric Power Development Co., Ltd.		840		26,712
INDUSTRIAL CONGLOMERATES — 0.4%
Hankyu Hanshin Holdings, Inc. (b)		8,486		37,592
Keihan Electric Railway Co., Ltd. (b)		5,747		23,965
				61,557
INSURANCE — 1.9%
MS&AD Insurance Group Holdings, Inc.		3,736		81,019
NKSJ Holdings, Inc. (a)		9,000		53,803
T&D Holdings, Inc.		1,310		28,409
Tokio Marine Holdings, Inc.		3,947		104,908
				268,139
INTERNET & CATALOG RETAIL — 0.4%
DeNA Co., Ltd.		600		15,894
Rakuten, Inc.		51		36,943
				52,837
INTERNET SOFTWARE & SERVICES — 0.3%
Yahoo! Japan Corp. (b)		106		42,704
IT SERVICES — 0.7%
CSK Holdings Corp. (a)(b)		756		3,187
IT Holdings Corp.		832		9,957
Itochu Techno-Solutions Corp.		608		22,330
Net One Systems Co., Ltd.		15		19,494
Nomura Research Institute, Ltd.		300		6,417
NTT Data Corp.		8		29,834
Otsuka Corp.		112		7,202
TKC Corp.		400		7,051
				105,472
LEISURE EQUIPMENT & PRODUCTS — 1.1%
Namco Bandai Holdings, Inc.		2,332		20,635
Nikon Corp. (b)		1,940		34,003
Roland Corp.		300		3,617
Sankyo Co., Ltd.		640		29,111
Sega Sammy Holdings, Inc. (b)		2,131		30,873
Shimano, Inc.		592		25,623
Yamaha Corp.		1,292		13,374
				157,236
MACHINERY — 5.2%
Amada Co., Ltd.		1,527		10,181
Amano Corp. (b)		1,336		10,825
Fanuc, Ltd.		1,180		135,215
Fuji Machine Manufacturing Co., Ltd.		100		1,824
Glory, Ltd.		1,044		22,959
Hitachi Construction Machinery Co., Ltd.		100		1,871
IHI Corp.		10,311		16,663
JTEKT Corp.		1,508		14,196
Kawasaki Heavy Industries, Ltd. (b)		8,978		22,016
Komatsu, Ltd.		5,539		101,278
Komori Corp.		788		7,658
Kubota Corp.		3,663		28,480
Kurita Water Industries, Ltd. (b)		976		26,978
Makita Corp.		976		26,416
Minebea Co., Ltd.		3,255		18,282
Mitsubishi Heavy Industries, Ltd.		18,676		65,215
Mitsui Engineering & Shipbuilding Co., Ltd. (b)		6,567		13,432
Mori Seiki Co., Ltd. (b)		868		8,867
NGK Insulators, Ltd. (b)		2,320		36,574
NSK, Ltd. (b)		2,463		17,396
NTN Corp.		2,495		10,376
OKUMA Corp. (a)		1,648		10,206
OSG Corp.		1,112		11,988
SMC Corp.		420		56,813
Sumitomo Heavy Industries, Ltd.		3,795		22,601

64

SPDR Russell/Nomura PRIME Japan ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
The Japan Steel Works, Ltd.		1,708	$	15,190
THK Co., Ltd. (b)		1,100		23,134
Toshiba Machine Co., Ltd.		1,944		7,953
				744,587
MARINE — 0.6%
Kawasaki Kisen Kaisha, Ltd. (a)(b)		4,759		19,684
Mitsui OSK Lines, Ltd.		5,491		36,859
Nippon Yusen KK		7,995		29,544
				86,087
MEDIA — 0.6%
Dentsu, Inc. (b)		1,600		42,997
Jupiter Telecommunications Co.		16		15,387
Toho Co., Ltd. (b)		1,352		22,566
Tokyo Broadcasting System, Inc.		100		1,372
				82,322
METALS & MINING — 3.0%
Daido Steel Co., Ltd.		3,199		13,846
Dowa Holdings Co., Ltd.		1,767		8,626
JFE Holdings, Inc.		3,347		105,149
Kobe Steel, Ltd.		17,645		34,098
Mitsubishi Materials Corp. (a)(b)		8,027		21,680
Mitsui Mining & Smelting Co., Ltd. (b)		4,839		12,960
Nippon Steel Corp.		27,755		92,841
Nisshin Steel Co., Ltd.		6,951		11,233
Sumitomo Metal Industries, Ltd.		24,340		55,837
Sumitomo Metal Mining Co., Ltd.		3,575		45,248
Tokyo Steel Manufacturing Co., Ltd.		1,144		13,393
Yodogawa Steel Works, Ltd.		3,963		16,391
				431,302
MULTILINE RETAIL — 0.7%
Isetan Mitsukoshi Holdings, Ltd.		2,441		24,054
J Front Retailing Co., Ltd.		3,778		18,444
Marui Group Co., Ltd. (b)		2,616		17,826
Ryohin Keikaku Co., Ltd. (b)		236		9,441
Takashimaya Co., Ltd.		3,332		26,885
The Daiei, Inc. (a)(b)		1,402		5,799
				102,449
OFFICE ELECTRONICS — 2.7%
Brother Industries, Ltd.		1,932		20,327
Canon, Inc.		7,658		288,181
Konica Minolta Holdings, Inc.		4,075		39,741
Ricoh Co., Ltd.		3,555		45,839
				394,088
OIL, GAS & CONSUMABLE FUELS — 1.1%
Cosmo Oil Co., Ltd. (b)		5,927		14,334
Inpex Holdings, Inc.		6		33,699
JX Holdings, Inc. (a)		18,900		93,336
TonenGeneral Sekiyu K.K.		1,547		13,461
				154,830
PAPER & FOREST PRODUCTS — 0.3%
Nippon Paper Group, Inc.		800		22,267
OJI Paper Co., Ltd. (b)		5,839		28,835
				51,102
PERSONAL PRODUCTS — 1.1%
Kao Corp.		3,339		78,975
Mandom Corp. (b)		1,116		30,508
Shiseido Co., Ltd. (b)		1,932		43,011
				152,494
PHARMACEUTICALS — 5.0%
Astellas Pharma, Inc.		2,871		97,009
Chugai Pharmaceutical Co., Ltd. (b)		1,716		30,717
Daiichi Sankyo Co., Ltd.		4,251		76,383
Dainippon Sumitomo Pharma Co., Ltd. (b)		960		7,399
Eisai Co., Ltd. (b)		1,140		38,069
Hisamitsu Pharmaceutical Co., Inc. (b)		504		20,105
Kissei Pharmaceutical Co., Ltd.		2,000		42,219
Kyowa Hakko Kirin Co., Ltd.		1,833		17,524
Mitsubishi Tanabe Pharma Corp. (b)		2,000		30,602
Mochida Pharmaceutical Co., Ltd.		2,000		19,143
Nichi-iko Pharmaceutical Co., Ltd.		200		7,470
Ono Pharmaceutical Co., Ltd. (b)		432		17,575
Santen Pharmaceutical Co., Ltd.		956		34,517
Seikagaku Corp.		800		8,218
Shionogi & Co., Ltd.		1,996		41,571
Takeda Pharmaceutical Co., Ltd.		5,055		218,218
Torii Pharmaceutical Co., Ltd.		200		3,148
Tsumura & Co.		100		3,072
				712,959
PROFESSIONAL SERVICES — 0.1%
MEITEC Corp. (b)		912		16,593
REAL ESTATE MANAGEMENT & DEVELOPMENT — 2.3%
Daikyo, Inc. (a)(b)		4,256		7,070
Daito Trust Construction Co., Ltd.		764		43,428
Daiwa House Industry Co., Ltd.		4,363		39,691
Heiwa Real Estate Co., Ltd.		4,356		9,993
Leopalace21 Corp. (a)		1,044		3,303
Mitsubishi Estate Co., Ltd.		8,111		114,300
Mitsui Fudosan Co., Ltd.		3,923		55,460
Sumitomo Realty & Development Co., Ltd.		1,843		31,803
Tokyo Tatemono Co., Ltd. (b)		2,540		7,951
Tokyu Land Corp. (b)		4,664		16,550
				329,549
ROAD & RAIL — 4.2%
Central Japan Railway Co.		10		82,947
East Japan Railway Co.		2,400		160,832
Keihin Electric Express Railway Co., Ltd. (b)		4,355		38,633
Keisei Electric Railway Co., Ltd.		3,147		17,746
Kintetsu Corp. (b)		12,038		36,866
Nagoya Railroad Co., Ltd.		9,362		26,978
Nankai Electric Railway Co., Ltd.		6,111		24,999
Nippon Express Co., Ltd.		6,555		29,853
Odakyu Electric Railway Co., Ltd. (b)		3,483		30,032
Sotetsu Holdings, Inc. (b)		8,254		36,658
Tobu Railway Co., Ltd. (b)		7,007		37,929
Tokyu Corp.		6,391		26,145

65

SPDR Russell/Nomura PRIME Japan ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
West Japan Railway Co.		15	$	55,091
				604,709
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT — 1.7%
Advantest Corp. (b)		1,316		28,018
Dainippon Screen Manufacturing Co., Ltd. (a)(b)		4,364		20,171
Disco Corp. (b)		384		24,648
Elpida Memory, Inc. (a)(b)		2,176		34,205
Rohm Co., Ltd.		576		34,955
Sanken Electric Co., Ltd. (a)(b)		3,404		13,348
Shinko Electric Industries Co., Ltd. (b)		592		7,827
SUMCO Corp. (a)(b)		1,046		17,601
Tokyo Electron, Ltd.		1,140		62,546
				243,319
SOFTWARE — 1.9%
Konami Corp.		792		12,378
Nintendo Co., Ltd.		748		222,735
NSD Co., Ltd.		932		10,679
Square Enix Co., Ltd. (b)		896		16,626
Trend Micro, Inc.		368		10,035
				272,453
SPECIALTY RETAIL — 1.6%
Aoyama Trading Co., Ltd.		984		17,725
Autobacs Seven Co., Ltd.		180		6,570
Culture Convenience Club Co., Ltd. (b)		1,532		7,202
Fast Retailing Co., Ltd.		176		26,890
Hikari Tsushin, Inc.		184		3,323
Nitori Co., Ltd.		510		44,090
Sanrio Co., Ltd.		548		6,249
Shimachu Co., Ltd.		884		16,213
Shimamura Co., Ltd.		332		30,165
USS Co., Ltd.		410		29,514
Yamada Denki Co., Ltd. (b)		610		40,189
				228,130
TEXTILES, APPAREL & LUXURY GOODS — 0.6%
Asics Corp.		2,064		19,126
Gunze, Ltd.		4,223		13,362
Nisshinbo Industries, Inc.		1,584		15,376
ONWARD HOLDINGS Co., Ltd.		1,580		12,606
The Japan Wool Textile Co., Ltd.		2,031		13,840
Toyobo Co., Ltd.		9,302		15,663
				89,973
TOBACCO — 0.7%
Japan Tobacco, Inc.		31		97,284
TRADING COMPANIES & DISTRIBUTORS — 3.9%
Hanwa Co., Ltd. (b)		3,207		12,866
Inaba Denki Sangyo Co., Ltd.		956		22,493
ITOCHU Corp.		8,266		65,855
Iwatani Corp.		7,451		20,714
Marubeni Corp.		10,402		54,191
Mitsubishi Corp.		7,807		164,451
Mitsui & Co., Ltd.		10,202		121,515
Sojitz Corp. (b)		8,528		13,492
Sumitomo Corp. (b)		6,475		65,635
Toyota Tsusho Corp.		1,039		15,052
				556,264
TRANSPORTATION INFRASTRUCTURE — 0.3%
Kamigumi Co., Ltd.		2,395		18,513
Mitsubishi Logistics Corp.		2,216		25,017
				43,530
WIRELESS TELECOMMUNICATION SERVICES — 2.5%
KDDI Corp.		23		110,335
NTT DoCoMo, Inc.		100		151,995
Softbank Corp.		3,915		104,898
				367,228
TOTAL COMMON STOCKS —
(Cost $19,709,269)				14,249,294
SHORT TERM INVESTMENTS — 11.3%
UNITED STATES — 11.3%
MONEY MARKET FUNDS — 11.3%
State Street Navigator Securities Lending Prime Portfolio (d)(e)		1,613,357		1,613,357
State Street Institutional Liquid Reserves Fund (d)		100		100
TOTAL SHORT TERM INVESTMENTS —
(Cost $1,613,457)				1,613,457
TOTAL INVESTMENTS — 110.5% (f)
(Cost $21,322,726)				15,862,751
OTHER ASSETS AND LIABILITIES — (10.5)%				(1,501,396	)
NET ASSETS — 100.0%			$	14,361,355

(a)	Non-income producing security.
(b)	Security, or portion thereof, was on loan at June 30, 2010.
(c)	Amount shown represents less than 0.05% of net assets.
(d)	Affiliated Fund managed by SSgA Funds Management, Inc. (See accompanying Notes to Schedules of Investments)
(e)	Investments of cash collateral for securities loaned.
(f)	Unless otherwise indicated, the values of the securities of the Fund are determined based on Level 1 inputs. (See accompanying Notes to Schedules of Investments)

66

SPDR Russell/Nomura Small Cap Japan ETF
SCHEDULE OF INVESTMENTS

June 30, 2010 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS — 98.9%
JAPAN — 98.9%
AIR FREIGHT & LOGISTICS — 0.3%
Kintetsu World Express, Inc.		7,500	$	189,937
AUTO COMPONENTS — 4.7%
Ahresty Corp.		8,400		77,839
FCC Co., Ltd. (a)		12,513		236,006
Futaba Industrial Co., Ltd. (b)		14,794		112,514
Kayaba Industry Co., Ltd.		51,902		188,863
Keihin Corp.		10,841		189,770
Musashi Seimitsu Industry Co., Ltd.		9,352		199,743
Nifco, Inc.		13,479		281,492
Nippon Seiki Co., Ltd.		11,939		132,086
Nissan Shatai Co., Ltd. (a)		18,000		119,200
Nissin Kogyo Co., Ltd. (a)		12,534		184,703
Press Kogyo Co., Ltd. (a)(b)		41,569		132,002
Showa Corp. (b)		17,139		96,842
Takata Corp.		7,700		157,759
The Yokohama Rubber Co., Ltd.		36,986		168,441
Tokai Rika Co., Ltd.		11,000		192,677
Topre Corp.		19,234		139,326
Toyo Tire & Rubber Co., Ltd. (a)		49,372		106,008
Toyota Boshoku Corp. (a)		10,300		152,364
TS Tech Co., Ltd. (a)		9,300		147,346
Unipres Corp. (a)		9,400		148,186
				3,163,167
BEVERAGES — 0.7%
Ito En, Ltd.		13,700		210,555
Mikuni Coca-Cola Bottling Co., Ltd.		30,345		242,787
				453,342
BIOTECHNOLOGY — 0.1%
AnGes MG, Inc. (b)		29		39,523
BUILDING PRODUCTS — 2.9%
Aica Kogyo Co., Ltd.		30,719		327,359
Bunka Shutter Co., Ltd.		56,577		163,676
Central Glass Co., Ltd.		57,309		229,262
Nichias Corp.		40,000		161,826
Nitto Boseki Co., Ltd. (a)		87,020		193,728
Noritz Corp. (a)		17,065		280,978
Sankyo-Tateyama Holdings, Inc. (a)(b)		134,467		154,996
Sanwa Holdings Corp.		68,910		210,258
Sekisui Jushi Corp. (a)		24,938		225,172
				1,947,255
CAPITAL MARKETS — 1.5%
JAFCO Co., Ltd. (a)		6,100		136,973
Japan Asia Investment Co., Ltd. (a)(b)		7,000		4,272
kabu.com Securities Co., Ltd (a)		1,400		6,629
Matsui Securities Co., Ltd (a)		18,800		116,212
Mito Securities Co., Ltd.		53,129		114,075
Monex Group, Inc.		308		128,087
OKASAN SECURITIES GROUP, Inc.		37,447		147,266
Sparx Group Co., Ltd. (a)(b)		25		2,277
Tokai Tokyo Financial Holdings, Inc.		65,721		261,428
Toyo Securities Co., Ltd.		55,457		92,752
				1,009,971
CHEMICALS — 7.1%
ADEKA Corp.		27,013		256,118
Asahi Organic Chemicals Industry Co., Ltd.		51,540		118,818
C. Uyemura & Co., Ltd.		3,376		136,963
Chugoku Marine Paints, Ltd.		16,000		111,018
DIC Corp.		114,000		177,783
Fujikura Kasei Co., Ltd.		23,538		136,988
Fujimi, Inc. (a)		7,473		108,434
Ishihara Sangyo Kaisha, Ltd. (b)		127,811		96,772
KUREHA Corp.		34,000		165,216
Lintec Corp.		13,708		249,870
Nihon Parkerizing Co., Ltd.		14,401		189,268
Nippon Paint Co., Ltd. (a)		40,000		243,643
Nippon Shokubai Co., Ltd.		23,000		220,149
Nippon Soda Co., Ltd.		36,065		120,230
Nippon Valqua Industries, Ltd.		70,025		158,267
NOF Corp.		51,731		206,947
Okamoto Industries, Inc. (a)		82,841		340,763
SK Kaken Co., Ltd.		780		22,874
Stella Chemifa Corp. (a)		3,100		101,804
Sumitomo Bakelite Co., Ltd.		43,000		212,838
Taiyo Ink Manufacturing Co., Ltd.		8,600		227,416
The Nippon Synthetic Chemical Industry Co., Ltd.		16,000		93,299
Toagosei Co., Ltd.		60,000		268,505
Toda Kogyo Corp.		9,000		66,211
Tokai Carbon Co., Ltd. (a)		43,542		206,663
Tokyo Ohka Kogyo Co., Ltd. (a)		8,700		148,064
Toyo Ink Manufacturing Co., Ltd.		49,000		189,931
Zeon Corp. (a)		37,000		218,680
				4,793,532
COMMERCIAL BANKS — 9.0%
Aozora Bank, Ltd.		156,290		204,878
Bank of the Ryukyus, Ltd.		13,681		160,480
Kansai Urban Banking Corp. (a)		142,000		226,263
Kiyo Holdings, Inc.		205,754		281,345
Sapporo Hokuyo Holdings, Inc.		65,300		290,009
The Aichi Bank, Ltd.		3,349		228,969
The Awa Bank, Ltd. (a)		61,000		378,449
The Bank of Iwate, Ltd. (a)		3,756		212,652
The Bank of Nagoya, Ltd.		40,000		143,293
The Bank of Okinawa, Ltd.		5,500		195,163
The Daishi Bank, Ltd.		67,000		221,087
The Fukushima Bank, Ltd.		286,478		165,108
The Higo Bank, Ltd.		43,000		239,078
The Hokkoku Bank, Ltd. (a)		45,000		167,816
The Hyakugo Bank, Ltd.		65,000		281,331
The Hyakujushi Bank, Ltd.		56,000		208,204
The Juroku Bank, Ltd.		69,000		246,401
The Kagoshima Bank, Ltd.		36,000		233,518
The Keiyo Bank, Ltd.		50,000		262,741
The Musashino Bank, Ltd.		8,400		242,821
The Nagano Bank, Ltd.		100,534		193,138
The Nanto Bank, Ltd. (a)		51,000		263,962
The Shikoku Bank, Ltd.		72,000		234,332

67

SPDR Russell/Nomura Small Cap Japan ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
The Taiko Bank, Ltd.		70,000	$	141,598
The Tochigi Bank, Ltd.		36,846		160,725
The Tokyo Tomin Bank, Ltd.		10,105		115,792
Tomato Bank, Ltd.		113,872		235,491
TOMONY Holdings, Inc. (b)		45,305		141,306
				6,075,950
COMMERCIAL SERVICES & SUPPLIES — 2.5%
Aeon Delight Co., Ltd. (a)		7,000		137,168
Asahi Holdings, Inc.		8,600		189,513
Daiseki Co., Ltd. (a)		8,593		180,134
Duskin Co., Ltd.		16,100		277,097
Moshi Moshi Hotline, Inc.		9,472		208,408
Nippon Kanzai Co., Ltd.		8,952		147,092
Okamura Corp.		28,884		167,122
Oyo Corp.		18,360		151,876
Park24 Co., Ltd. (a)		23,085		249,398
				1,707,808
COMMUNICATIONS EQUIPMENT — 0.9%
Aiphone Co., Ltd.		12,406		212,538
Denki Kogyo Co., Ltd.		35,303		152,798
Hitachi Kokusai Electric, Inc. (a)		26,634		214,601
				579,937
COMPUTERS & PERIPHERALS — 0.8%
Eizo Nanao Corp.		8,600		188,152
Melco Holdings, Inc.		6,300		200,768
Wacom Co., Ltd. (a)		101		151,004
				539,924
CONSTRUCTION & ENGINEERING — 3.7%
Chugai Ro Co., Ltd.		55,522		144,311
Daimei Telecom Engineering Corp.		21,629		172,074
Kandenko Co., Ltd. (a)		31,000		184,620
Kinden Corp.		33,924		290,208
Kyowa Exeo Corp.		28,976		257,375
Kyudenko Corp.		40,657		225,591
Maeda Corp. (a)		52,158		137,335
Maeda Road Construction Co., Ltd.		25,000		204,825
Penta-Ocean Construction Co., Ltd.		114,500		143,626
Sanki Engineering Co., Ltd.		23,196		173,007
Toda Corp.		54,000		175,749
Tokyu Construction Co., Ltd. (a)		55,792		146,904
Toshiba Plant Systems & Services Corp.		15,000		188,835
Toyo Engineering Corp.		32,000		93,660
				2,538,120
CONSTRUCTION MATERIALS — 0.6%
Sumitomo Osaka Cement Co., Ltd.		97,000		186,349
Taiheiyo Cement Corp. (a)(b)		177,000		226,025
				412,374
CONSUMER FINANCE — 0.9%
Acom Co., Ltd. (a)		7,390		96,457
Aeon Credit Service Co., Ltd.		18,500		166,205
Aiful Corp. (a)(b)		22,300		26,965
Cedyna Financial Corp. (a)(b)		47,362		74,396
Orient Corp. (a)(b)		67,000		52,243
Promise Co., Ltd. (a)		18,000		122,658
Takefuji Corp. (a)		21,230		62,617
				601,541
CONTAINERS & PACKAGING — 0.6%
FP Corp.		3,800		198,825
Fuji Seal International, Inc. (a)		8,970		197,159
				395,984
DISTRIBUTORS — 0.7%
Canon Marketing Japan, Inc. (a)		11,800		167,352
Yokohama Reito Co., Ltd. (a)		45,580		323,990
				491,342
DIVERSIFIED FINANCIAL SERVICES — 0.9%
Century Tokyo Leasing Corp.		15,600		190,747
Fuyo General Lease Co., Ltd.		6,300		145,735
Japan Securities Finance Co., Ltd. (a)		22,919		131,055
Ricoh Leasing Co., Ltd.		7,567		174,018
				641,555
ELECTRIC UTILITIES — 0.4%
Japan Wind Development Co., Ltd. (a)		23		17,128
The Okinawa Electric Power Co., Inc.		4,600		233,665
				250,793
ELECTRICAL EQUIPMENT — 1.9%
Daihen Corp. (a)		36,971		152,497
Fuji Electric Holdings Co., Ltd. (a)		114,000		333,665
Hitachi Cable, Ltd. (a)		53,000		141,948
Nippon Carbon Co., Ltd. (a)		39,000		110,623
Nippon Signal Co., Ltd.		18,700		130,175
Sinfonia Technology Co., Ltd. (a)		65,826		134,642
SWCC Showa Holdings Co., Ltd. (b)		121,075		110,827
Toyo Electric Manufacturing. Co., Ltd. (a)		15,000		65,770
Toyo Tanso Co., Ltd. (a)		2,100		93,977
				1,274,124
ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS — 5.6%
Alps Electric Co., Ltd. (a)(b)		31,600		274,612
Anritsu Corp. (a)(b)		38,000		170,483
Arisawa Manufacturing Co., Ltd.		13,572		88,803
Dai-ichi Seiko Co. Ltd.		1,600		67,171
Enplas Corp.		14,189		296,159
ESPEC Corp.		20,031		142,383
Hakuto Co., Ltd.		20,211		181,349
Horiba, Ltd.		8,665		233,835
Hosiden Corp. (a)		13,895		148,544
Japan Aviation Electronics Industry, Ltd.		15,971		101,612
Japan Cash Machine Co., Ltd. (a)		20,624		183,190
Koa Corp. (a)		16,091		144,926
Meiko Electronics Co., Ltd.		3,100		66,526
Nichicon Corp. (a)		13,100		161,215
Nidec Sankyo Corp. (a)		20,917		159,554
Nihon Dempa Kogyo Co., Ltd. (a)		5,795		104,911
Nippon Ceramic Co., Ltd. (a)		12,823		180,412
Nippon Chemi-Con Corp. (b)		34,432		151,751
Oki Electric Industry Co., Ltd. (a)(b)		160,000		139,225
Ryosan Co., Ltd.		9,896		242,675
Ryoyo Electro Corp.		21,004		216,947

68

SPDR Russell/Nomura Small Cap Japan ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
Star Micronics Co., Ltd.		12,369	$	129,575
Toko, Inc. (a)(b)		83,739		134,376
Topcon Corp. (a)		15,219		73,438
				3,793,672
ENERGY EQUIPMENT & SERVICES — 0.2%
Shinko Plantech Co., Ltd. (a)		11,886		106,247
FOOD & STAPLES RETAILING — 2.3%
Cawachi, Ltd.		7,935		149,661
Circle K Sunkus Co., Ltd.		18,798		242,384
Izumiya Co., Ltd.		35,933		155,930
Matsumotokiyoshi Holdings Co., Ltd. (a)		10,600		228,075
Ministop Co., Ltd.		15,894		220,925
Sugi Pharmacy Co., Ltd. (a)		9,400		191,739
Sundrug Co., Ltd. (a)		8,400		205,800
Tsuruha Holdings, Inc.		4,900		174,426
				1,568,940
FOOD PRODUCTS — 4.6%
Ariake Japan Co., Ltd. (a)		10,464		165,196
Ezaki Glico Co., Ltd.		21,000		255,351
Fuji Oil Co., Ltd.		15,600		230,941
Fujicco Co., Ltd.		25,657		301,540
Hokuto Corp.		11,421		226,381
Marudai Food Co., Ltd.		86,417		255,862
Maruha Nichiro Holdings, Inc. (a)		106,000		162,911
MEGMILK SNOW BRAND Co., Ltd. (a)		16,000		290,202
Mitsui Sugar Co., Ltd.		40,497		139,582
Morinaga Milk Industry Co., Ltd.		49,000		191,039
Nakamuraya Co., Ltd. (a)		53,952		263,389
Nichirei Corp.		54,000		228,229
Nippon Suisan Kaisha, Ltd.		59,275		192,247
Riken Vitamin Co., Ltd.		8,580		247,054
				3,149,924
GAS UTILITIES — 0.4%
Shizuoka Gas Co., Ltd.		41,319		282,028
HEALTH CARE EQUIPMENT & SUPPLIES — 1.6%
Asahi Intecc Co., Ltd.		4,300		75,319
Fukuda Denshi Co., Ltd. (a)		7,286		168,791
Nakanishi, Inc.		1,847		158,422
Nihon Kohden Corp.		8,300		155,326
Nipro Corp. (a)		9,300		178,244
Paramount Bed Co., Ltd. (a)		14,910		342,884
				1,078,986
HOTELS, RESTAURANTS & LEISURE — 2.6%
DOUTOR NICHIRES Holdings Co., Ltd.		13,175		177,920
Joban Kosan Co., Ltd.		201,000		290,745
Kabuki-Za Co., Ltd		5,000		201,152
MOS Food Services, Inc. (a)		20,514		344,025
Nissin Healthcare Food Service Co., Ltd.		15,108		196,853
Ohsho Food Service Corp.		4,300		110,355
Round One Corp. (a)		11,400		63,126
Tokyo Dome Corp.		55,085		143,797
Zensho Co., Ltd. (a)		24,046		229,618
				1,757,591
HOUSEHOLD DURABLES — 2.1%
Arnest One Corp.		11,700		119,790
Clarion Co., Ltd. (a)(b)		53,000		102,418
Foster Electric Co. Ltd. (a)		4,300		112,639
France Bed Holdings Co., Ltd.		134,734		199,459
Funai Electric Co., Ltd. (a)		4,900		177,749
Haseko Corp. (a)(b)		248,000		198,983
JVC KENWOOD Holdings, Inc. (a)(b)		149,315		57,370
Misawa Homes Holdings, Inc. (a)(b)		7,466		34,677
Pioneer Corp. (a)(b)		32,500		109,447
Sumitomo Forestry Co., Ltd. (a)		37,100		298,511
				1,411,043
HOUSEHOLD PRODUCTS — 0.7%
Lion Corp. (a)		52,000		269,138
Pigeon Corp. (a)		4,800		178,461
				447,599
INDUSTRIAL CONGLOMERATES — 0.2%
Katakura Industries Co., Ltd. (a)		14,180		141,015
INSURANCE — 0.1%
MS&AD Insurance Group Holdings, Inc.		4,600		99,756
INTERNET & CATALOG RETAIL — 0.8%
DeNA Co., Ltd. (a)		14,200		376,142
Senshukai Co., Ltd.		27,824		152,499
				528,641
INTERNET SOFTWARE & SERVICES — 1.3%
Access Co., Ltd. (a)		55		77,133
eAccess, Ltd. (a)		384		263,406
GMO Internet, Inc.		25,600		99,808
Gree, Inc.		1,600		128,738
Index Holdings (b)		35		2,784
Kakaku.com, Inc. (a)		65		270,313
mixi, Inc. (a)		12		62,651
				904,833
IT SERVICES — 2.2%
CSK Holdings Corp. (a)(b)		14,400		60,699
INES Corp.		31,660		214,668
IT Holdings Corp.		16,637		199,103
Itochu Techno-Solutions Corp.		7,800		286,473
Net One Systems Co., Ltd.		81		105,266
OBIC Co., Ltd.		1,701		330,435
Otsuka Corp. (a)		3,100		199,333
transcosmos, Inc.		9,967		83,349
				1,479,326
LEISURE EQUIPMENT & PRODUCTS — 1.0%
Heiwa Corp. (a)		15,800		171,052
Mars Engineering Corp. (a)		3,858		65,397
Roland Corp.		13,076		157,669
Tomy Co., Ltd. (a)		18,000		137,710
Universal Entertainment Corp. (b)		7,000		129,258
				661,086

69

SPDR Russell/Nomura Small Cap Japan ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
MACHINERY — 7.5%
Amano Corp. (a)		19,932	$	161,501
Asahi Diamond Industrial Co., Ltd.		27,942		434,808
CKD Corp. (a)		20,705		156,533
Daifuku Co., Ltd.		26,181		162,725
Fuji Machine Manufacturing Co., Ltd.		10,271		187,336
Furukawa Co., Ltd. (a)(b)		103,280		107,377
Hino Motors, Ltd.		48,998		245,294
Hitachi Zosen Corp. (a)		206,226		279,660
Iseki & Co., Ltd. (a)(b)		33,000		81,670
Juki Corp. (a)(b)		50,450		99,771
Kitz Corp.		34,502		164,537
Komori Corp.		13,840		134,506
Kyokuto Kaihatsu Kogyo Co., Ltd.		33,640		112,526
Makino Milling Machine Co., Ltd. (b)		33,739		217,327
Meidensha Corp. (a)		36,000		124,895
Miura Co., Ltd.		7,500		171,884
Mori Seiki Co., Ltd. (a)		17,600		179,799
Nachi-Fujikoshi Corp. (a)		63,418		179,167
Namura Shipbuilding Co., Ltd.		15,100		86,173
Nippon Sharyo, Ltd. (a)		27,970		114,737
Nippon Thompson Co., Ltd. (a)		27,511		188,402
OKUMA Corp. (a)(b)		24,192		149,816
OSG Corp. (a)		18,100		195,134
Ryobi, Ltd. (b)		35,723		121,916
Shima Seiki Manufacturing, Ltd. (a)		6,700		168,011
Sintokogio, Ltd.		17,019		129,821
Tadano, Ltd. (a)		31,913		158,321
Tocalo Co., Ltd.		7,536		137,963
Toshiba Machine Co., Ltd. (a)		35,009		143,217
Tsubakimoto Chain Co.		36,124		146,962
Union Tool Co. (a)		4,832		123,407
				5,065,196
MARINE — 0.2%
Iino Kaiun Kaisha, Ltd. (a)		30,306		154,116
MEDIA — 1.9%
Avex Group Holdings, Inc.		15,292		191,992
CyberAgent, Inc. (a)		58		86,518
Daiichikosho Co., Ltd.		14,981		218,392
Kadokawa Group Holdings, Inc.		6,987		149,310
Shochiku Co., Ltd. (a)		33,243		240,429
SKY Perfect JSAT Holdings, Inc. (a)		780		280,303
Usen Corp. (a)(b)		3,280		2,039
Zenrin Co., Ltd.		11,224		122,780
				1,291,763
METALS & MINING — 3.0%
Aichi Steel Corp.		31,000		122,613
Daido Steel Co., Ltd. (a)		49,000		212,080
Godo Steel, Ltd.		31,440		76,744
Maruichi Steel Tube, Ltd.		11,300		217,598
Nakayama Steel Works, Ltd. (b)		59,212		99,032
Nippon Denko Co., Ltd. (a)		19,000		116,804
Nippon Yakin Kogyo Co., Ltd. (a)(b)		28,000		91,762
Nisshin Steel Co., Ltd.		121,000		195,536
OSAKA Titanium Technologies Co. (a)		4,800		187,953
Sanyo Special Steel Co., Ltd. (a)(b)		34,750		158,258
Sumitomo Light Metal Industries, Ltd. (b)		137,135		142,575
Toho Titanium Co., Ltd. (a)		9,600		232,813
Toho Zinc Co., Ltd. (a)		29,796		106,402
Tokyo Rope Manufacturing Co., Ltd. (a)		46,654		108,081
				2,068,251
MULTILINE RETAIL — 0.7%
H2O Retailing Corp. (a)		36,107		235,844
Matsuya Co., Ltd. (b)		11,408		97,978
Parco Co., Ltd. (a)		20,525		155,405
				489,227
OFFICE ELECTRONICS — 0.2%
Riso Kagaku Corp.		11,347		116,432
OIL, GAS & CONSUMABLE FUELS — 0.3%
Itochu Enex Co., Ltd.		34,104		176,898
PAPER & FOREST PRODUCTS — 0.3%
Daio Paper Corp.		27,940		215,652
PERSONAL PRODUCTS — 1.1%
Aderans Holdings Co., Ltd. (a)(b)		12,404		150,547
Fancl Corp. (a)		11,700		166,463
Mandom Corp. (a)		10,345		282,795
Milbon Co., Ltd. (a)		7,008		167,973
				767,778
PHARMACEUTICALS — 2.9%
Kaken Pharmaceutical Co., Ltd.		35,428		352,718
Kyorin Co., Ltd.		15,000		217,482
Mochida Pharmaceutical Co., Ltd.		28,483		272,631
Nichi-iko Pharmaceutical Co., Ltd. (a)		6,065		226,521
Rohto Pharmaceutical Co., Ltd.		24,493		300,592
Sawai Pharmaceutical Co., Ltd. (a)		3,900		374,178
Torii Pharmaceutical Co., Ltd.		15,300		240,851
				1,984,973
PROFESSIONAL SERVICES — 0.3%
en-japan, Inc. (a)		35		43,468
MEITEC Corp. (a)		10,244		186,381
				229,849
REAL ESTATE MANAGEMENT & DEVELOPMENT — 1.1%
Daibiru Corp. (a)		19,626		149,263
Daikyo, Inc. (a)(b)		53,352		88,629
Goldcrest Co., Ltd.		5,159		90,365
Heiwa Real Estate Co., Ltd.		49,255		112,993
K.K. daVinci Holdings (b)(c)		262		0
Kenedix, Inc. (a)(b)		119		20,024
Leopalace21 Corp. (b)		30,200		95,559
Shoei Co., Ltd.		11,398		76,639
Suruga Corp. (d)(e)		10,689		0
TOC Co., Ltd.		36,500		147,254
				780,726
ROAD & RAIL — 1.5%
Hitachi Transport System, Ltd. (a)		14,800		217,258
Kobe Electric Railway Co., Ltd. (b)		76,000		322,070
Sankyu, Inc.		64,830		260,815

70

SPDR Russell/Nomura Small Cap Japan ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
Seino Holdings Co., Ltd.		30,000	$	208,159
				1,008,302
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT — 0.9%
Dainippon Screen Manufacturing Co., Ltd. (a)(b)		45,000		207,990
Micronics Japan Co., Ltd. (a)		4,900		63,790
Renesas Electronics Corp. (a)(b)		6,400		56,051
Tokyo Seimitsu Co., Ltd. (a)(b)		12,200		170,130
Ulvac, Inc. (a)		6,602		129,817
				627,778
SOFTWARE — 1.1%
Capcom Co., Ltd. (a)		13,700		222,940
DTS Corp.		13,732		168,372
FUJI SOFT, Inc. (a)		10,874		180,885
NSD Co., Ltd.		15,578		178,507
				750,704
SPECIALTY RETAIL — 4.1%
ABC-Mart, Inc. (a)		5,900		232,360
Aoyama Trading Co., Ltd.		16,700		300,823
Autobacs Seven Co., Ltd.		7,788		284,272
Chiyoda Co., Ltd.		13,513		162,022
Culture Convenience Club Co., Ltd. (a)		26,628		125,181
DCM Japan Holdings Co., Ltd. (a)		23,100		127,652
EDION Corp. (a)		16,850		129,103
Gulliver International Co., Ltd. (a)		2,763		118,026
Honeys Co., Ltd. (a)		12,192		150,454
Joshin Denki Co., Ltd. (a)		16,000		162,369
Komeri Co., Ltd. (a)		7,630		172,363
MEGANE TOP Co., Ltd. (a)		9,400		62,567
Nishimatsuya Chain Co., Ltd. (a)		13,666		127,100
Right On Co., Ltd. (a)		11,300		74,831
Sanrio Co., Ltd.		18,005		205,300
United Arrows, Ltd. (a)		13,729		162,284
Xebio Co., Ltd. (a)		8,161		154,200
				2,750,907
TEXTILES, APPAREL & LUXURY GOODS — 2.7%
Atsugi Co., Ltd. (a)		190,470		228,159
Daidoh, Ltd.		21,911		177,536
Daiwabo Co., Ltd. (a)		34,635		69,669
Gunze, Ltd.		57,348		181,461
ONWARD HOLDINGS Co., Ltd. (a)		30,000		239,349
Sanyo Shokai, Ltd. (a)		54,516		201,455
SEIKO HOLDINGS Corp. (a)(b)		34,649		124,124
The Japan Wool Textile Co., Ltd. (a)		32,170		219,217
Toyobo Co., Ltd.		148,000		249,203
Unitika, Ltd. (b)		156,084		132,290
				1,822,463
TRADING COMPANIES & DISTRIBUTORS — 2.2%
Hanwa Co., Ltd. (a)		67,032		268,916
Inaba Denki Sangyo Co., Ltd.		10,263		241,469
Inabata & Co., Ltd.		44,275		201,637
Iwatani Corp.		108,422		301,410
Kuroda Electric Co., Ltd.		7,500		98,486
Nagase & Co., Ltd.		21,000		219,754
Okaya & Co., Ltd.		17,605		185,022
				1,516,694
TRANSPORTATION INFRASTRUCTURE — 1.0%
Japan Airport Terminal Co., Ltd. (a)		15,348		228,425
Mitsui-Soko Co., Ltd. (a)		45,686		166,760
The Sumitomo Warehouse Co., Ltd.		53,563		251,199
				646,384
TOTAL COMMON STOCKS —
(Cost $85,780,492)				66,980,959
SHORT TERM INVESTMENTS — 14.9%
UNITED STATES — 14.9%
MONEY MARKET FUNDS — 14.9%
State Street Navigator Securities Lending Prime Portfolio (f)(g)		9,970,363		9,970,363
State Street Institutional Liquid Reserves Fund (f)		83,491		83,491
TOTAL SHORT TERM INVESTMENTS —
(Cost $10,053,854)				10,053,854
TOTAL INVESTMENTS — 113.8% (h)
(Cost $95,834,346)				77,034,813
OTHER ASSETS AND LIABILITIES — (13.8)%				(9,315,767	)
NET ASSETS — 100.0%			$	67,719,046

(a)	Security, or portion thereof, was on loan at June 30, 2010.
(b)	Non-income producing security.
(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. Security value is determined based on Level 3 inputs. (See accompanying Notes to Schedules of Investments)
(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. Security value is determined based on Level 2 inputs. (See accompanying Notes to Schedules of Investments)
(e)	Company has filed for insolvency.
(f)	Affiliated Fund managed by SSgA Funds Management, Inc. (See accompanying Notes to Schedules of Investments)
(g)	Investments of cash collateral for securities loaned.
(h)	Unless otherwise indicated, the values of the securities of the Fund are determined based on Level 1 inputs. (See accompanying Notes to Schedules of Investments)

71

SPDR S&P International Dividend ETF
SCHEDULE OF INVESTMENTS

June 30, 2010 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS — 99.5%
AUSTRALIA — 3.2%
ASX, Ltd.		33,799	$	832,469
Bank of Queensland, Ltd.		103,556		915,796
Commonwealth Bank of Australia		20,929		859,843
TABCORP Holdings, Ltd.		393,271		2,102,677
UGL, Ltd. (a)		85,317		976,454
				5,687,239
AUSTRIA — 3.2%
Oesterreichische Post AG (a)		229,925		5,672,133
BELGIUM — 4.1%
Belgacom SA (a)		174,026		5,513,500
Mobistar SA		16,133		862,285
Solvay SA		10,257		881,602
				7,257,387
BERMUDA — 3.1%
Nordic American Tanker Shipping, Ltd. (a)		196,835		5,529,095
CANADA — 19.8%
ARC Energy Trust		53,242		988,533
Baytex Energy Trust		36,489		1,091,940
Brookfield Properties Corp.		88,313		1,242,440
Crescent Point Energy Corp. (a)		109,094		3,814,928
EnCana Corp.		31,419		953,229
Enerplus Resources Fund		46,579		1,003,334
IGM Financial, Inc.		26,506		925,895
Keyera Facilities Income Fund		44,909		1,133,449
Manitoba Telecom Services, Inc. (a)		195,526		4,951,399
NAL Oil & Gas Trust		79,452		792,539
Pembina Pipeline Income Fund		63,590		1,068,760
Penn West Energy Trust		365,392		6,980,151
Peyto Energy Trust		77,992		1,069,349
TELUS Corp.		33,206		1,255,244
Vermilion Energy Trust		33,993		1,077,066
Yellow Pages Income Fund		1,257,696		7,053,939
				35,402,195
CHILE — 0.7%
Lan Airlines SA ADR (a)		64,596		1,195,672
CZECH REPUBLIC — 0.9%
CEZ AS (a)		21,383		877,793
Komercni Banka AS		5,010		812,340
				1,690,133
FINLAND — 3.1%
Fortum Oyj		40,326		893,068
Kesko Oyj (Class B)		33,147		1,081,225
Konecranes Oyj (a)		35,844		943,526
Nokia Oyj ADR (a)		84,008		684,665
Orion Oyj (Class B)		49,426		929,924
Sampo Oyj (Class A)		43,778		931,443
				5,463,851
FRANCE — 4.4%
Bouygues SA		19,952		780,222
ICADE		10,411		884,127
Lagardere SCA		25,991		818,513
Metropole Television SA		40,041		819,317
Neopost SA (a)		13,096		954,617
Nexity		27,327		787,114
Schneider Electric SA (a)		9,493		972,564
Total SA		16,840		762,489
Vallourec SA (a)		5,849		1,022,724
				7,801,687
GERMANY — 0.9%
BASF SE		17,818		984,538
RWE AG		10,998		723,687
				1,708,225
HONG KONG — 5.4%
CLP Holdings, Ltd.		160,500		1,163,484
Hang Seng Bank Ltd.		449,900		6,043,230
HongKong Electric Holdings, Ltd.		197,000		1,175,096
VTech Holdings, Ltd.		111,000		1,196,645
				9,578,455
ISRAEL — 4.4%
Cellcom Israel, Ltd.		101,271		2,531,775
Israel Chemicals, Ltd.		77,436		812,764
Koor Industries, Ltd.		203,181		3,622,343
Partner Communications Co., Ltd.		53,915		833,415
				7,800,297
ITALY — 10.5%
ACEA SpA (a)(b)		631,615		6,309,241
Enel SpA		1,098,649		4,696,617
Eni SpA		246,431		4,585,153
Geox SpA (a)		155,638		702,989
Lottomatica SpA (a)		54,611		709,066
Mediaset SpA		128,896		740,479
Recordati SpA		149,027		1,052,362
				18,795,907
JAPAN — 2.7%
Nintendo Co., Ltd.		12,500		3,722,172
TonenGeneral Sekiyu K.K.		129,000		1,122,500
				4,844,672
MEXICO — 0.5%
Grupo Televisa SA de CV ADR		52,917		921,285
NETHERLANDS — 2.5%
Koninklijke BAM Groep NV		736,619		3,439,510
Koninklijke Boskalis Westminster NV		26,532		1,043,382
				4,482,892
PHILIPPINES — 0.5%
Philippine Long Distance Telephone Co.		950		49,186
Philippine Long Distance Telephone Co. ADR		17,084		870,771
				919,957
PORTUGAL — 1.0%
Brisa Auto- Estradas de Portugal SA		102,843		626,713
Portugal Telecom, SGPS SA (a)		125,763		1,260,105
				1,886,818

72

SPDR S&P International Dividend ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
RUSSIA — 0.6%
OJSC Mobile TeleSystems ADR		53,361	$	1,022,397
SINGAPORE — 1.1%
DBS Group Holdings, Ltd.		102,000		999,470
Singapore Exchange, Ltd. (a)		183,000		968,677
				1,968,147
SOUTH AFRICA — 1.0%
ArcelorMittal South Africa, Ltd. (b)		71,565		708,480
Kumba Iron Ore, Ltd.		24,891		1,035,929
				1,744,409
SPAIN — 13.7%
ACS, Actividades de Construccion y Servicios SA (a)		20,581		761,080
Banco Bilbao Vizcaya Argentaria SA		58,683		619,038
Banco de Sabadell SA (a)		1,114,178		5,076,896
Banco Espanol de Credito SA (a)		511,579		4,100,688
Banco Popular Espanol SA (a)		801,975		4,132,702
Banco Santander SA		314,335		3,365,154
Enagas (a)		47,977		728,124
Endesa SA		104,702		2,243,725
Fomento de Construcciones y Contratas SA (a)		25,295		546,400
Gas Natural SDG SA (a)		50,646		738,232
Iberdrola SA		108,715		616,820
Repsol YPF SA (a)		40,418		825,051
Telefonica SA		40,690		760,327
				24,514,237
SWEDEN — 0.5%
Ratos AB (Class B) (a)		39,138		989,263
SWITZERLAND — 3.5%
Baloise Holding AG		11,847		830,010
Swiss Prime Site AG (b)		55,714		3,378,954
Swisscom AG		2,872		977,175
Zurich Financial Services AG		4,890		1,086,062
				6,272,201
TURKEY — 0.4%
Turkcell Iletisim Hizmetleri AS		138,768		723,092
UNITED KINGDOM — 7.8%
AstraZeneca PLC		133,951		6,350,801
BP PLC		110,444		526,935
Close Brothers Group PLC		390,102		4,044,564
GlaxoSmithKline PLC		52,289		894,163
IMI PLC		119,652		1,230,702
Royal Dutch Shell PLC (Class A)		36,075		918,060
				13,965,225
TOTAL COMMON STOCKS —
(Cost $202,088,657)				177,836,871
RIGHTS — 0.0% (c)
SPAIN — 0.0% (c)
Iberdrola SA (expired 06/28/10) (b)(d) (Cost $27,523)		117,372		25,613
SHORT TERM INVESTMENTS — 13.8%
UNITED STATES — 13.8%
MONEY MARKET FUNDS — 13.8%
State Street Navigator Securities Lending Prime Portfolio (e)(f)		24,618,684		24,618,684
State Street Institutional Liquid Reserves Fund (e)		36,746		36,746
TOTAL SHORT TERM INVESTMENTS —
(Cost $24,655,430)				24,655,430
TOTAL INVESTMENTS — 113.3%
(Cost $226,771,610)				202,517,914
OTHER ASSETS AND LIABILITIES — (13.3)%				(23,742,294	)
NET ASSETS — 100.0%			$	178,775,620

(a)	Security, or portion thereof, was on loan at June 30, 2010.
(b)	Non-income producing security.
(c)	Amount shown represents less than 0.05% of net assets.
(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. Security value is determined based on Level 2 inputs. (See accompanying Notes to Schedules of Investments)
(e)	Affiliated Fund managed by SSgA Funds Management, Inc. (See accompanying Notes to Schedules of Investments)
(f)	Investments of cash collateral for securities loaned.

ADR = American Depositary Receipt

73

SPDR S&P International Dividend ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

INDUSTRY BREAKDOWN AS OF June 30, 2010*

	PERCENT OF
INDUSTRY**	NET ASSETS
Oil, Gas & Consumable Fuels		19.2	%
Commercial Banks		15.1
Diversified Telecommunication Services		8.2
Electric Utilities		6.5
Media		5.8
Pharmaceuticals		5.2
Construction & Engineering		4.2
Multi-Utilities		3.9
Wireless Telecommunication Services		3.9
Capital Markets		3.3
Air Freight & Logistics		3.2
Real Estate Management & Development		2.6
Software		2.1
Industrial Conglomerates		2.0
Machinery		1.8
Hotels, Restaurants & Leisure		1.6
Insurance		1.6
Chemicals		1.5
Communications Equipment		1.1
Diversified Financial Services		1.0
Metals & Mining		1.0
Gas Utilities		0.8
Airlines		0.7
Food & Staples Retailing		0.6
Electrical Equipment		0.5
Office Electronics		0.5
Real Estate Investment Trusts		0.5
Household Durables		0.4
Textiles, Apparel & Luxury Goods		0.4
Transportation Infrastructure		0.3
Short Term Investments		13.8
Other Assets & Liabilities		(13.3	)
TOTAL		100.0	%

*	The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time.
**	Each security is valued based on Level 1 inputs except for Iberdrola SA which was Level 2 and part of the Electric Utilities Industry, representing 0.01% of net assets. (See accompanying Notes to Schedules of Investments)

74

SPDR S&P International Mid Cap ETF
SCHEDULE OF INVESTMENTS

June 30, 2010 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS — 100.0%
AUSTRALIA — 9.0%
Alumina, Ltd.		29,207	$	37,621
Aristocrat Leisure, Ltd. (a)		9,820		30,358
Arrow Energy, Ltd. (b)		12,701		52,030
Asciano Group (b)		57,599		78,815
ASX, Ltd.		1,502		36,994
Bendigo and Adelaide Bank, Ltd.		5,700		39,383
BlueScope Steel, Ltd. (b)		31,504		55,881
Boral, Ltd. (a)		29,360		119,531
Caltex Australia, Ltd. (a)		3,820		30,459
CFS Retail Property Trust (a)		132,490		211,505
Cochlear, Ltd. (a)		2,430		152,542
Computershare, Ltd.		7,140		63,987
CSR, Ltd. (a)		61,959		87,921
David Jones, Ltd. (a)		3,189		11,609
Dexus Property Group (a)		176,379		114,713
Downer EDI, Ltd. (a)		2,047		6,224
Energy Resources of Australia Ltd. (a)		676		7,594
Fairfax Media, Ltd. (a)		21,224		23,574
Goodman Group		98,023		52,575
GPT Group		27,208		64,577
Harvey Norman Holdings, Ltd. (a)		30,948		86,524
Incitec Pivot, Ltd.		27,026		62,319
Intoll Group		16,899		14,845
Lend Lease Group		1,920		11,887
Macquarie Atlas Roads Group (b)		2,568		2,061
MAp Group		22,696		51,568
Metcash, Ltd. (a)		47,885		169,469
Mirvac Group		70,062		77,819
OneSteel, Ltd.		19,818		49,883
OZ Minerals, Ltd. (b)		59,758		48,456
Paladin Energy, Ltd. (b)		17,911		54,311
Qantas Airways, Ltd. (b)		10,138		18,839
Sims Metal Management, Ltd. (a)		2,044		29,540
Sonic Healthcare, Ltd. (a)		16,097		141,810
TABCORP Holdings, Ltd.		10,018		53,563
Tatts Group, Ltd.		26,657		50,435
Toll Holdings, Ltd. (a)		14,703		68,055
Transurban Group (a)		10,287		36,841
				2,306,118
AUSTRIA — 0.7%
Andritz AG		2,473		139,342
Immofinanz AG (b)		6,591		17,204
Wienerberger AG (b)		2,140		26,357
				182,903
BELGIUM — 0.4%
Ackermans & van haaren NV		1,674		104,062
CANADA — 9.0%
Alimentation Couche-Tard, Inc. (Class B)		6,114		102,988
Biovail Corp.		1,077		20,787
Canadian Tire Corp., Ltd. (Class A)		1,220		61,020
Celestica, Inc. (b)		2,564		20,750
Eldorado Gold Corp.		6,877		123,477
Ensign Energy Services, Inc.		945		11,134
Finning International, Inc.		6,521		108,187
First Quantum Minerals, Ltd. (a)		1,490		75,085
Fortis, Inc. (a)		8,257		211,194
Franco-Nevada Corp. (a)		2,041		62,230
Gerdau Ameristeel Corp. (b)		2,165		23,593
Gildan Activewear, Inc. (a)(b)		3,347		96,317
IAMGOLD Corp.		6,085		107,482
Inmet Mining Corp.		1,653		65,566
Ivanhoe Mines, Ltd. (a)(b)		5,342		69,323
Lundin Mining Corp. (b)		11,493		32,554
Metro, Inc.		4,363		171,662
Niko Resources, Ltd. (a)		1,653		154,015
Onex Corp.		6,050		145,692
Open Text Corp. (b)		412		15,508
Pacific Rubiales Energy Corp. (b)		3,877		87,052
Petrobank Energy & Resources, Ltd. (b)		2,201		77,568
Red Back Mining, Inc. (a)(b)		3,877		98,179
Silver Wheaton Corp. (b)		6,741		135,309
Sino-Forest Corp. (a)(b)		4,954		70,535
TMX Group, Inc.		3,304		86,405
TransAlta Corp.		2,029		37,653
Viterra, Inc. (b)		6,607		44,082
				2,315,347
CHINA — 0.1%
Shui On Land, Ltd.		32,500		14,148
DENMARK — 1.0%
DSV A/S		9,352		135,866
FLSmidth & Co. A/S (a)		412		26,862
Jyske Bank A/S (b)		3,139		91,775
				254,503
FINLAND — 2.5%
Elisa Oyj (b)		6,050		105,379
Metso Oyj		2,705		87,870
Neste Oil Oyj (a)		676		9,895
Nokian Renkaat Oyj (a)		2,029		50,079
Orion Oyj (Class B)		6,706		126,170
Outokumpu Oyj		2,845		43,317
Pohjola Bank PLC		3,718		38,187
Rautaruukki Oyj		1,357		19,980
Stora Enso Oyj (a)		14,532		106,356
Wartsila Oyj (a)		1,357		62,282
				649,515
FRANCE — 4.1%
Air France-KLM (b)		2,909		35,005
Atos Origin SA (b)		2,475		100,559
Beni Stabili SpA (b)		780		592
Bourbon SA (a)		2,893		117,596
Compagnie Generale de Geophysique-Veritas (b)		2,497		45,114
EDF Energies Nouvelles SA		269		9,167
Euler Hermes SA (b)		204		12,981
Eurazeo (a)		287		16,641
Fonciere des Regions (a)(b)		130		10,827
Groupe Eurotunnel SA		5,901		40,282
Neopost SA (a)		1,892		137,915
Nexans SA		1,238		73,145
Nexity		300		8,641
SCOR SE (a)		8,548		164,281

75

SPDR S&P International Mid Cap ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
Valeo SA (b)		3,896	$	107,399
Wendel (a)		744		38,025
Zodiac Aerospace (a)		2,547		124,621
				1,042,791
GERMANY — 2.5%
Bilfinger Berger AG		2,050		114,617
GEA Group AG		1,153		23,183
Lanxess AG		3,595		153,309
MTU Aero Engines Holding AG		334		18,711
ProSiebenSat.1 Media AG Preference Shares		3,111		46,166
Rhoen-Klinikum AG		4,960		111,060
SGL Carbon AG (b)		1,507		43,656
Sky Deutschland AG (a)(b)		5,910		9,730
Solarworld AG (a)		1,487		16,684
Tognum AG		1,422		26,728
TUI AG (b)		2,029		18,016
United Internet AG (a)(b)		6,168		68,246
				650,106
GREECE — 0.2%
Marfin Investment Group SA (b)		12,843		15,889
Titan Cement Co. SA		2,453		46,332
				62,221
HONG KONG — 2.8%
ASM Pacific Technology, Ltd.		2,500		19,616
Chinese Estates Holdings, Ltd.		41,623		73,869
Fosun International		23,000		16,245
Fushan International Energy Group, Ltd.		44,000		25,088
GCL Poly Energy Holdings, Ltd. (b)		148,000		28,318
GOME Electrical Appliances Holdings, Ltd. (b)		168,000		51,346
Hopewell Holdings		44,000		124,872
Melco Crown Entertainment Ltd, ADR (a)(b)		2,931		10,962
Mongolia Energy Co., Ltd. (b)		98,000		34,608
NWS Holdings, Ltd.		39,850		72,462
Shangri-La Asia, Ltd.		30,000		55,784
The Link REIT		83,963		209,176
				722,346
IRELAND — 1.6%
Allied Irish Banks PLC (b)		16,227		17,392
Dragon Oil PLC (b)		7,088		42,889
Elan Corp. PLC (b)		9,468		43,374
Kerry Group PLC (Class A)		6,085		169,195
The Governor & Co. of the Bank of Ireland (b)		47,320		38,835
Willis Group Holdings PLC (a)		3,092		92,915
				404,600
ITALY — 2.2%
Banca Popolare dell’Emilia Romagna Scrl		1,357		13,871
Banca Popolare di Milano Scarl		12,001		50,017
Davide Campari-Milano SpA		44,808		222,011
EXOR SpA		4,461		54,206
Fondiaria-Sai SpA (a)		945		8,959
Geox SpA (a)		1,623		7,331
Mediolanum SpA (a)		2,298		9,085
Parmalat SpA		38,658		90,632
Pirelli & C. SpA (b)		56,515		31,532
Prysmian SpA		2,705		39,230
Saras SpA (a)(b)		12,863		27,005
Unipol Gruppo Finanziario SpA (a)(b)		24,609		826
Unipol Gruppo Finanziario SpA (b)		10,279		548
Unipol Gruppo Finanziario SpA (a)		10,279		6,969
Unipol Gruppo Finanziario SpA Preference Shares (a)(b)		24,609		10,882
				573,104
JAPAN — 26.5%
Advantest Corp. (a)		3,700		78,775
Alfresa Holdings Corp.		1,700		82,416
Amada Co., Ltd.		21,000		140,016
Aozora Bank, Ltd.		21,000		27,529
Brother Industries, Ltd. (a)		2,500		26,302
Casio Computer Co., Ltd. (a)		10,500		63,838
Cosmo Oil Co., Ltd. (a)		42,000		101,571
Credit Saison Co., Ltd. (a)		6,600		70,035
Electric Power Development Co., Ltd.		1,500		47,700
Elpida Memory, Inc. (a)(b)		3,800		59,733
Fuji Heavy Industries, Ltd. (a)(b)		27,000		146,457
Fukuoka Financial Group, Inc. (a)		37,000		155,543
Furukawa Electric Co., Ltd. (a)		25,000		110,747
Hirose Electric Co., Ltd. (a)		1,700		156,956
Hitachi Metals, Ltd.		1,000		10,261
Hokkaido Electric Power Co., Inc.		4,100		88,496
Hokuhoku Financial Group, Inc.		58,000		107,492
Idemitsu Kosan Co., Ltd.		1,700		129,099
IHI Corp.		5,000		8,080
Isetan Mitsukoshi Holdings, Ltd. (a)		12,700		125,149
Isuzu Motors, Ltd.		17,000		51,870
J Front Retailing Co., Ltd.		25,000		122,048
Japan Real Estate Investment Corp.		21		172,053
JSR Corp.		1,500		25,528
JX Holdings, Inc. (b)		8,500		41,976
Kajima Corp. (a)		45,000		103,232
Kawasaki Heavy Industries, Ltd. (a)		4,000		9,809
Kawasaki Kisen Kaisha, Ltd. (a)(b)		3,000		12,408
Keihin Electric Express Railway Co., Ltd. (a)		37,000		328,229
Konami Corp.		4,500		70,330
Konica Minolta Holdings, Inc.		8,500		82,896
Kuraray Co., Ltd.		20,500		243,711
Kurita Water Industries, Ltd. (a)		3,700		102,274
Makita Corp. (a)		1,500		40,598
Marui Group Co., Ltd. (a)		19,200		130,835
Mazda Motor Corp. (a)		2,000		4,746
MEDIPAL HOLDINGS Corp.		8,300		99,236
Mitsubishi Gas Chemical Co., Inc.		21,000		103,232
Mitsubishi Materials Corp. (a)(b)		3,000		8,103
Mitsui Chemicals, Inc. (a)		17,000		48,220
Mitsui Engineering & Shipbuilding Co., Ltd. (a)		41,000		83,863
Mitsumi Electric Co., Ltd. (a)		1,500		25,918
Namco Bandai Holdings, Inc. (a)		10,500		92,909
NGK Spark Plug Co., Ltd.		14,000		176,088

76

SPDR S&P International Mid Cap ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
Nippon Paper Group, Inc.		1,500	$	41,750
Nippon Sheet Glass Co., Ltd.		37,000		91,988
Nisshin Steel Co., Ltd.		41,000		66,256
NKSJ Holdings, Inc. (a)(b)		11,700		69,944
NTN Corp.		25,000		103,967
Obayashi Corp. (a)		36,000		144,423
OJI Paper Co., Ltd. (a)		16,000		79,015
OMRON Corp. (a)		1,500		33,122
SBI Holdings, Inc. (a)		387		49,026
Sega Sammy Holdings, Inc.		1,500		21,731
Seiko Epson Corp.		1,500		19,545
Shimano, Inc. (a)		4,100		177,455
Shimizu Corp.		25,000		86,450
Shinko Electric Industries Co., Ltd. (a)		1,500		19,833
Shinsei Bank, Ltd. (a)(b)		21,000		18,036
Showa Denko K.K.		58,000		106,182
Showa Shell Sekiyu K.K. (a)		20,800		144,559
Sojitz Corp. (a)		25,000		39,552
Stanley Electric Co., Ltd.		6,400		107,257
Sumitomo Heavy Industries, Ltd.		2,000		11,911
Suzuken Co., Ltd.		2,000		67,262
Taisei Corp. (a)		58,000		117,324
Taiyo Nippon Sanso Corp.		1,000		8,035
Takashimaya Co., Ltd. (a)		17,000		137,168
Teijin, Ltd.		3,000		9,018
The Bank of Kyoto, Ltd. (a)		17,000		141,010
The Gunma Bank, Ltd.		25,000		133,631
The Hachijuni Bank, Ltd.		37,000		209,481
The Joyo Bank, Ltd.		37,000		147,599
THK Co., Ltd. (a)		7,900		166,142
Ube Industries, Ltd.		45,000		107,809
Yakult Honsha Co., Ltd. (a)		1,500		41,106
Yamaha Corp.		8,300		85,917
Yokogawa Electric Corp. (a)		14,000		88,123
				6,807,934
LUXEMBOURG — 0.7%
Acergy SA		3,815		57,373
GAGFAH SA		1,357		9,879
Oriflame Cosmetics SA SDR (a)		1,924		100,650
				167,902
NETHERLANDS — 2.9%
Core Laboratories NV (a)		764		112,774
Fugro NV (a)		979		45,881
Gemalto NV		3,484		132,678
James Hardie Industries SE (b)		4,648		24,616
Koninklijke Boskalis Westminster NV		2,665		104,802
QIAGEN NV (a)(b)		4,486		87,918
SBM Offshore NV		4,063		58,751
SNS REAAL NV (b)		2,432		10,700
TomTom NV (a)(b)		2,443		13,478
Wereldhave NV		2,039		152,352
				743,950
NEW ZEALAND — 0.2%
Contact Energy, Ltd. (b)		7,829		30,633
Fletcher Building, Ltd.		3,784		20,426
				51,059
NORWAY — 0.5%
Aker Solutions ASA		1,357		15,702
Marine Harvest		51,161		34,183
Renewable Energy Corp. ASA (a)(b)		7,850		18,843
Storebrand ASA (b)		13,561		70,483
				139,211
PORTUGAL — 0.1%
Banco BPI SA		11,224		21,049
Sonae		11,625		10,836
				31,885
SINGAPORE — 2.9%
CapitaMall Trust		83,000		109,391
Fraser and Neave, Ltd.		64,000		236,086
Golden Agri-Resources, Ltd. (b)		126,000		47,833
Neptune Orient Lines, Ltd. (a)(b)		18,000		25,786
Olam International, Ltd. (a)		16,096		29,861
Singapore Press Holdings, Ltd. (a)		104,000		282,329
				731,286
SOUTH KOREA — 4.9%
Amorepacific Corp. Preference Shares		130		32,448
Cheil Industries, Inc.		1,403		108,385
Daelim Industrial Co. Ltd.		676		35,239
Daewoo Engineering & Construction Co., Ltd.		2,942		24,919
Daewoo International Corp.		1,009		25,597
Daewoo Securities Co., Ltd.		2,200		36,458
Daewoo Securities Co., Ltd. Preference Shares		2,118		13,693
Daewoo Shipbuilding & Marine Engineering Co., Ltd.		1,890		29,000
Dongbu Insurance Co., Ltd.		1,050		30,504
Doosan Infracore Co., Ltd. (b)		1,490		23,412
Glovis Co., Ltd.		269		29,609
GS Engineering & Construction Corp.		542		33,266
GS Holdings		622		19,546
Hanwha Corp.		2,268		69,230
Hyosung Corp.		412		26,366
Hyundai Development Co.		726		16,339
Hyundai Merchant Marine Co., Ltd.		1,300		38,086
Hyundai Mipo Dockyard Co., Ltd.		124		13,141
Hyundai Securities Co., Ltd. (b)		4,332		41,655
KCC Corp.		119		28,874
Kia Motors Corp.		3,258		87,185
Korea Zinc Co., Ltd.		148		26,403
Korean Air Lines Co., Ltd. (b)		590		39,592
LG Household & Health Care, Ltd.		130		37,022
LS Corp.		269		19,460
Mirae Asset Securities Co., Ltd. (b)		685		30,271
NCSoft Corp.		269		44,798
OCI Co., Ltd.		269		54,814
Samsung Engineering Co., Ltd.		543		50,880
Samsung Securities Co., Ltd. (b)		964		43,074
Samsung Techwin Co., Ltd.		798		69,223
SK Holdings Co., Ltd.		542		38,766
SK Networks Co., Ltd.		1,300		11,064

77

SPDR S&P International Mid Cap ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
Woori Investment & Securities Co., Ltd. (b)		2,426	$	31,567
				1,259,886
SPAIN — 1.9%
Bolsas y Mercados Espanoles (a)		2,971		65,178
Ebro Puleva SA		12,548		213,183
Enagas (a)		1,357		20,594
Grifols SA (a)		1,218		12,587
Grupo Catalana Occidente SA		676		10,094
Indra Sistemas SA (a)		10,252		165,510
Tecnicas Reunidas SA		269		12,378
				499,524
SWEDEN — 2.6%
Alfa Laval AB (a)		3,377		44,350
Boliden AB (a)		4,730		53,032
Getinge AB (Class B) (a)		8,366		163,084
Hexagon AB (Class B)		3,243		42,631
Husqvarna AB (Class B) (a)		6,488		39,343
Industrivarden AB		1,756		19,801
Kinnevik Investment AB (Class B) (a)		4,332		70,085
Lundin Petroleum AB (a)(b)		7,830		34,843
Meda AB (Class A) (a)		3,881		28,352
Modern Times Group AB (Class B) (a)		2,193		121,232
SSAB AB (Series A) (a)		4,331		58,882
				675,635
SWITZERLAND — 5.5%
Aryzta AG		1,896		73,143
Baloise Holding AG		1,345		94,232
Banque Cantonale Vaudoise		83		34,290
Basellandschaftliche Kantonalbank		286		331,525
Clariant AG (b)		6,077		77,544
EFG International AG		1,593		19,204
Foster Wheeler AG (a)(b)		2,165		45,595
Logitech International SA (b)		1,821		24,925
Nobel Biocare Holding AG		2,984		51,746
Panalpina Welttransport Holding AG		383		30,403
PSP Swiss Property AG (b)		3,836		229,978
Sika AG		122		217,221
Straumann Holding AG		170		36,937
Sulzer AG		1,007		94,597
Swiss Life Holding AG (b)		412		39,735
				1,401,075
UNITED KINGDOM — 15.2%
3i Group PLC		18,250		72,655
Aberdeen Asset Management PLC		8,248		15,918
Admiral Group PLC		7,680		161,895
Aggreko PLC		11,003		232,931
AMEC PLC		2,432		30,054
ARM Holdings PLC (a)		4,816		19,994
Ashmore Group PLC		4,052		14,749
Balfour Beatty PLC		26,906		96,328
British Airways PLC (a)(b)		10,004		29,335
Bunzl PLC		8,124		81,859
Burberry Group PLC		1,899		21,635
Capital & Counties Properties PLC (b)		3,919		6,362
Cobham PLC		52,765		168,383
Dana Petroleum PLC (b)		1,839		31,228
Drax Group PLC		13,322		75,000
easyJet PLC (b)		4,050		24,104
EnQuest PLC (a)(b)		9,528		14,448
EnQuest PLC (b)		3,828		5,693
FirstGroup PLC		12,939		70,773
GKN PLC (b)		20,585		35,817
Hammerson PLC		9,232		47,472
Hays PLC		65,743		90,194
Home Retail Group PLC		17,279		55,451
ICAP PLC		5,139		31,154
IG Group Holdings PLC		3,516		22,146
Inchcape PLC (b)		14,246		52,431
Informa PLC		27,306		145,312
Inmarsat PLC		19,638		209,923
Intercontinental Hotels Group PLC		4,328		68,831
Intertek Group PLC		8,168		176,337
Invensys PLC		16,727		60,461
Investec PLC		18,450		125,207
ITV PLC (b)		63,790		48,052
Johnson Matthey PLC		1,357		30,331
Liberty International PLC		3,919		18,270
Logica PLC		63,125		103,130
London Stock Exchange Group PLC		4,341		36,597
Lonmin PLC (b)		2,705		57,102
Pennon Group PLC		16,866		139,540
Persimmon PLC (b)		3,652		19,123
Petrofac, Ltd.		4,238		75,198
Petropavlovsk PLC		2,564		45,648
Premier Oil PLC (b)		676		12,571
Randgold Resources, Ltd.		1,738		167,064
Rentokil Initial PLC (b)		30,451		49,157
Resolution, Ltd.		28,880		27,350
Rexam PLC		19,752		89,539
Segro PLC		12,627		47,946
Serco Group PLC		22,017		193,685
Tate & Lyle PLC		9,226		62,072
Taylor Wimpey PLC (b)		19,195		7,570
Thomas Cook Group PLC		7,817		20,887
Tomkins PLC		39,776		134,966
Travis Perkins PLC (b)		2,432		26,670
Tui Travel PLC		26,327		82,439
Virgin Media, Inc. (a)		4,745		79,194
William Hill PLC		20,139		51,613
				3,919,794
TOTAL COMMON STOCKS —
(Cost $26,612,046)				25,710,905
WARRANTS — 0.0% (c)
FRANCE — 0.0% (c)
Fonciere des Regions (expiring 12/31/10) (b) (Cost $0)		88		51
SHORT TERM INVESTMENTS — 14.4%
UNITED STATES — 14.4%
MONEY MARKET FUNDS — 14.4%
State Street Navigator Securities Lending Prime Portfolio (d)(e)		3,697,449		3,697,449

78

SPDR S&P International Mid Cap ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
State Street Institutional Liquid Reserves Fund (d)		100	$	100
TOTAL SHORT TERM INVESTMENTS —
(Cost $3,697,549)				3,697,549
TOTAL INVESTMENTS — 114.4%
(Cost $30,309,595)				29,408,505
OTHER ASSETS AND LIABILITIES — (14.4)%				(3,694,106	)
NET ASSETS — 100.0%			$	25,714,399

(a)	Security, or portion thereof, was on loan at June 30, 2010.
(b)	Non-income producing security.
(c)	Amount shown represents less than 0.05% of net assets.
(d)	Affiliated Fund managed by SSgA Funds Management, Inc. (See accompanying Notes to Schedules of Investments)
(e)	Investments of cash collateral for securities loaned.

ADR = American Depositary Receipt

REIT = Real Estate Investment Trust

SDR = Swedish Depositary Receipt

79

SPDR S&P International Mid Cap ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

INDUSTRY BREAKDOWN AS OF June 30, 2010*

	PERCENT OF
INDUSTRY**	NET ASSETS
Metals & Mining		6.3	%
Commercial Banks		6.1
Chemicals		5.6
Machinery		5.0
Real Estate Investment Trusts		5.0
Oil, Gas & Consumable Fuels		4.3
Construction & Engineering		3.9
Insurance		3.2
Food Products		3.0
Media		2.9
Diversified Financial Services		2.8
Industrial Conglomerates		2.7
Multiline Retail		2.6
Road & Rail		2.4
Energy Equipment & Services		2.3
Auto Components		2.0
Capital Markets		2.0
Health Care Providers & Services		2.0
Commercial Services & Supplies		1.9
Real Estate Management & Development		1.9
Food & Staples Retailing		1.8
Hotels, Restaurants & Leisure		1.7
IT Services		1.7
Health Care Equipment & Supplies		1.6
Leisure Equipment & Products		1.5
Electric Utilities		1.3
Electronic Equipment, Instruments & Components		1.3
Aerospace & Defense		1.2
Diversified Telecommunication Services		1.2
Electrical Equipment		1.2
Paper & Forest Products		1.2
Automobiles		1.1
Trading Companies & Distributors		1.1
Office Electronics		1.0
Professional Services		1.0
Beverages		0.9
Pharmaceuticals		0.9
Semiconductors & Semiconductor Equipment		0.9
Construction Materials		0.8
Independent Power Producers & Energy Traders		0.8
Computers & Peripherals		0.7
Airlines		0.6
Building Products		0.6
Household Durables		0.6
Transportation Infrastructure		0.6
Air Freight & Logistics		0.5
Personal Products		0.5
Textiles, Apparel & Luxury Goods		0.5
Water Utilities		0.5
Biotechnology		0.4
Software		0.4
Consumer Finance		0.3
Containers & Packaging		0.3
Internet Software & Services		0.3
Marine		0.3
Distributors		0.2
Internet & Catalog Retail		0.2
Specialty Retail		0.2
Gas Utilities		0.1
Household Products		0.1
Short Term Investments		14.4
Other Assets & Liabilities		(14.4	)
TOTAL		100.0	%

*	The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time.
**	Each security is valued based on Level 1 inputs. (See accompanying Notes to Schedules of Investments)

80

SPDR S&P Emerging Markets Small Cap ETF
SCHEDULE OF INVESTMENTS

June 30, 2010 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS — 99.6%
BRAZIL — 8.1%
Anhanguera Educacional Participacoes SA (a)		95,075	$	1,439,443
Centrais Eletricas de Santa Catarina SA Preference Shares (a)		56,797		1,079,222
Companiha de Tecidos Norte de Minas-Coteminas Preference Shares		178,880		463,451
Confab Industrial SA Preference Shares		560,501		1,514,363
Diagnosticos da America SA		353,912		3,335,903
Eternit SA		173,343		813,582
LLX Logistica SA (a)		587,240		2,397,829
Localiza Rent a Car SA		108,284		1,258,557
Lojas Renner SA		121,537		3,303,919
Lupatech SA (a)		72,030		839,185
Magnesita Refratarios SA (a)		179,541		1,035,909
Marcopolo SA Preference Shares		383,747		2,018,264
Multiplan Empreendimentos Imobiliarios SA		40,187		735,963
Randon SA Implementos e Participacoes Preference Shares		333,458		1,903,624
Rossi Residencial SA		91,292		658,923
Sao Martinho SA		109,040		843,888
Totvs SA (a)		55,600		4,131,828
				27,773,853
CHILE — 2.0%
Almendral SA		6,900,389		661,138
Companhia Sudamericana de Vapores SA (a)		1,435,920		1,286,681
Empresas La Polar SA		481,681		2,610,808
Masisa SA (a)		8,164,794		1,079,997
Vina Concha Y Toro SA		663,057		1,373,428
				7,012,052
CHINA — 10.0%
AAC Acoustic Technology Holdings, Inc.		1,054,000		1,515,933
Anhui Expressway Co., Ltd.		2,550,000		1,414,638
BBMG Corp.		973,500		1,015,111
Brilliance China Automotive Holdings, Ltd. (a)		7,212,000		2,361,660
China Green Holdings, Ltd.		1,125,000		1,138,414
China Hongxing Sports, Ltd.		2,851,000		245,054
China Huiyuan Juice Group, Ltd.		1,425,400		982,952
China Medical Technologies, Inc. ADR (b)		27,146		285,304
China Resources Gas Group, Ltd.		460,000		652,151
China Shanshui Cement Group, Ltd.		2,405,000		1,077,859
China Shineway Pharmaceutical Group Ltd.		62,000		190,288
E-House China Holdings, Ltd. (b)		28,369		420,145
Focus Media Holding, Ltd. ADR (a)(b)		50,264		780,600
Giant Interactive Group, Inc. ADR (b)		132,030		908,366
Great Wall Motor Co., Ltd.		1,013,000		1,769,171
Harbin Power Equipment Co., Ltd.		1,198,000		863,060
Home Inns & Hotels Management, Inc. ADR (a)		71,716		2,799,793
Lianhua Supermarket Holdings Co. Ltd.		33,000		121,412
Livzon Pharmaceutical, Inc.		73,900		190,654
Metallurgical Corp. of China, Ltd. (a)		1,788,000		773,782
Ports Design, Ltd.		713,000		1,831,222
Semiconductor Manufacturing International Corp. (a)		21,748,000		1,759,468
Shanghai Electric Group Co., Ltd. (a)		3,138,000		1,406,371
Shenzhen International Holdings, Ltd.		17,812,500		1,109,400
SINA Corp. (a)(b)		46,803		1,650,274
Tong Ren Tang Technologies Co. Ltd.		21,000		40,991
Wumart Stores, Inc.		746,000		1,345,016
WuXi PharmaTech Cayman, Inc. ADR (a)		36,885		588,685
Xinjiang Xinxin Mining Industry Co., Ltd.		2,547,000		1,259,248
Zhejiang Southeast Electric Power Co.		1,380,500		677,825
Zhuzhou CSR Times Electric Co., Ltd.		1,426,000		3,047,153
				34,222,000
CZECH REPUBLIC — 0.3%
Philip Morris CR AS		2,415		1,007,159
EGYPT — 1.8%
Eastern Tobacco		35,477		770,703
Egyptian Financial Group-Hermes Holding		235,785		1,217,422
Egyptian for Tourism Resorts (a)		1,327,897		445,274
Egyptian Kuwait Holding Co.		739,887		1,124,628
Maridive & Oil Services SAE		111,866		351,259
Misr Beni Suef Cement Co.		34,830		978,371
Olympic Group Financial Investments		80,615		369,391
Six of October Development & Investment Co. (a)		46,105		663,731
Suez Cement Co.		68,970		430,094
				6,350,873
HONG KONG — 3.2%
BaWang International Group Holding Ltd.		44,000		31,472
Chaoda Modern Agriculture Holdings, Ltd.		2,105,120		2,081,561
China Everbright International, Ltd.		3,068,000		1,304,082
China Power International Development, Ltd. (a)		6,364,000		1,397,487
China Travel International Investment Hong Kong, Ltd. (a)		5,108,000		1,095,441

81

SPDR S&P Emerging Markets Small Cap ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
Comba Telecom Systems Holdings Ltd.		270,000	$	301,651
Fufeng Group Ltd.		96,000		62,996
GZI Transportation, Ltd.		584,549		289,003
Kingway Brewery Holdings Ltd. (a)		612,000		130,461
Lee & Man Paper Manufacturing, Ltd.		989,600		739,612
Poly Hong Kong Investments Ltd.		388,000		385,152
Shougang Concord International Enterprises Co., Ltd. (a)		6,624,000		944,202
Sino Biopharmaceutical		1,708,000		671,167
VODone Ltd.		298,000		89,165
Yuexiu Property Co., Ltd. (a)		6,468,000		1,420,324
				10,943,776
INDIA — 10.1%
Amtek Auto, Ltd.		199,614		761,580
Anant Raj Industries, Ltd.		355,425		898,415
Ashok Leyland, Ltd.		1,727,854		2,377,218
Aurobindo Pharma Ltd. (a)		7,531		147,312
Bharat Forge, Ltd.		317,455		1,981,830
CESC, Ltd.		164,709		1,333,772
Colgate-Palmolive India Ltd. (a)		6,440		116,293
Divi’s Laboratories, Ltd. (a)		108,367		1,796,589
Educomp Solutions, Ltd.		67,776		776,626
Glenmark Pharmaceuticals, Ltd.		256,379		1,490,415
GTL, Ltd.		181,017		1,668,498
India Cements, Ltd.		298,044		692,409
Indiabulls Financial Services, Ltd.		198,832		610,045
IRB Infrastructure Developers, Ltd.		319,599		1,840,731
IVRCL Infrastructures & Projects, Ltd.		690,249		2,780,613
LIC Housing Finance, Ltd.		34,912		750,595
MAX India, Ltd. (a)		279,000		922,091
Moser Baer India, Ltd.		541,622		796,486
Nagarjuna Construction Co., Ltd.		405,640		1,647,189
Patni Computer Systems, Ltd.		222,394		2,489,214
Punj Lloyd, Ltd.		311,021		914,748
Sintex Industries, Ltd.		190,461		1,332,140
United Phosphorus, Ltd.		419,749		1,662,457
Welspun-Gujarat Stahl, Ltd.		198,685		995,885
Yes Bank, Ltd.		321,597		1,862,625
Zee Entertainment Enterprises, Ltd.		330,256		2,187,959
				34,833,735
INDONESIA — 1.8%
Bakrie and Brothers Tbk PT (a)		68,277,500		429,324
Bank Panin Indonesia Tbk PT (a)		20,910,000		2,352,807
Darma Henwa PT Tbk (a)		69,868,323		593,476
Energi Mega Persada Tbk PT (a)		17,173,500		242,494
Kalbe Farma Tbk PT		8,140,000		1,885,714
Lippo Karawaci Tbk PT (a)		15,489,000		854,330
				6,358,145
ISRAEL — 3.2%
Clal Industries and Investments, Ltd.		245,313		1,598,974
Elbit Imaging, Ltd. (a)		30,353		444,797
First International Bank of Israel, Ltd. (a)		85,500		1,321,654
Isramco Negev 2 — LP (a)		14,011,034		1,747,093
Koor Industries, Ltd.		40,998		730,919
NICE Systems, Ltd. (a)		83,721		2,096,530
Orbotech, Ltd. (a)(b)		142,806		1,545,161
Osem Investments, Ltd.		127,004		1,619,657
				11,104,785
MALAYSIA — 5.2%
AirAsia Bhd (a)		1,317,400		508,649
Alliance Financial Group Bhd		2,435,200		2,218,947
Berjaya Corp. Bhd		1,239,500		486,229
Berjaya Corp. Bhd (c)		123,950		49,771
Bursa Malaysia Bhd		586,800		1,276,007
Fraser & Neave Holdings Bhd (a)		89,800		348,382
Gamuda Bhd		2,971,000		2,927,410
Genting Plantations Bhd		218,800		450,779
Hong Leong Financial Group Bhd (a)		168,200		436,930
IGB Corp. Bhd		3,002,600		1,623,027
KNM Group Bhd (a)		5,560,750		875,979
Kulim Malaysia Bhd		408,200		939,333
Malaysian Bulk Carriers Bhd		740,700		649,757
Media Prima Bhd		1,219,600		794,859
Parkson Holdings Bhd		768,894		1,294,354
SP Setia Bhd		1,587,200		2,054,168
Top Glove Corp. Bhd		163,300		692,039
UEM Land Holdings Bhd (a)		616,600		278,065
				17,904,685
MEXICO — 3.2%
Axtel SAB de CV (a)		1,255,394		740,508
Banco Compartamos SA de CV		173,661		906,018
Consorcio ARA SAB de CV (a)(b)		1,598,160		956,336
Corporacion GEO SAB de CV (a)		500,081		1,339,433
Empresas ICA SAB de CV (a)		536,879		1,266,319
Grupo Aeroportuario del Sureste SAB de CV (b)		411,293		1,883,704
Industrias CH SAB, Series B (a)		350,095		1,183,069
Promotora y Operadora de Infraestructura, SAB de CV (a)		423,896		923,830
TV Azteca SAB de CV		3,227,000		1,713,132
				10,912,349
MOROCCO — 0.2%
Samir (a)		6,712		515,176
PERU — 0.1%
Sociedad Minera El Brocal SA		18,601		286,220
PHILIPPINES — 1.1%
Aboitiz Power Corp.		1,275,000		508,845
Energy Development Corp. (a)		4,853,000		476,349
GMA Holdings, Inc.		2,226,900		293,045
Jollibee Foods Corp.		274,300		417,175
Megaworld Corp.		39,975,000		1,224,560
Metropolitan Bank & Trust		463,900		630,476
Universal Robina Corp.		551,800		369,017
				3,919,467

82

SPDR S&P Emerging Markets Small Cap ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
POLAND — 2.1%
Agora SA (a)		98,327	$	669,945
Asseco Poland SA		65,219		1,042,840
Bank Millennium SA (a)		398,630		505,200
Ciech SA (a)		32,689		246,826
Echo Investment SA (a)		465,485		573,388
Emperia Holding SA		17,132		439,061
Grupa Lotos SA (a)		122,162		1,043,594
LPP SA (a)		1,228		626,154
Orbis SA (a)		47,046		494,957
PBG SA (a)		14,681		908,556
Polimex- Mostostal SA		605,733		785,606
				7,336,127
RUSSIA — 1.4%
AK Transneft OAO Preference Shares		846		761,400
Integra Group Holdings GDR (a)		335,797		755,543
Inter Rao Ues OAO (a)		451,448,405		699,745
LSR Group GDR (a)		105,762		803,791
OGK-2 OAO (a)		6,029,485		287,004
PIK Group GDR (a)		184,911		628,697
Vsmpo-Avisma Corp.		7,469		709,555
				4,645,735
SOUTH AFRICA — 10.1%
Afgri, Ltd.		1,043,004		850,371
Aquarius Platinum, Ltd.		245,534		1,205,988
Aveng, Ltd.		302,664		1,360,168
Barloworld, Ltd.		117,803		625,451
Clicks Group Ltd. (a)		169,307		749,820
Coronation Fund Managers, Ltd.		538,713		769,510
DataTec, Ltd.		395,742		1,468,197
Foschini, Ltd.		382,943		3,239,065
Gold Reef Resorts, Ltd.		412,969		861,946
Grindrod, Ltd. (b)		607,664		1,136,724
Hosken Consolidated Investments, Ltd. (a)		106,732		1,097,143
Investec, Ltd.		168,029		1,180,355
JD Group, Ltd.		320,994		1,695,877
JSE, Ltd.		178,958		1,533,766
Lewis Group, Ltd.		334,333		2,568,404
Medi-Clinic Corp. Ltd. (a)		154,938		531,969
Merafe Resources, Ltd.		2,820,524		459,920
Metorex, Ltd. (a)		635,472		273,560
Metropolitan Holdings Ltd.		288,152		603,684
Mondi Ltd.		88,335		520,736
Mvelaphanda Resources, Ltd. (a)		206,327		1,214,147
Netcare, Ltd. (a)		1,155,293		1,944,126
Northam Platinum, Ltd. (b)		196,199		1,164,530
Reunert, Ltd.		287,653		2,153,514
SA Corporate Real Estate Fund		3,091,141		1,169,390
The Spar Group, Ltd.		101,037		1,051,782
Tongaat Hulett, Ltd.		50,227		704,022
Wilson Bayly Holmes-Ovcon, Ltd.		62,856		896,209
Woolworths Holdings, Ltd.		525,957		1,643,230
				34,673,604
TAIWAN — 28.5%
A-DATA Technology Co., Ltd. (a)		151,000		297,944
Accton Technology Corp. (a)		519,000		259,246
Advanced Ceramic X Corp.		48,000		336,866
Advanced Power Electronics Corp.		58,000		59,387
AGV Products Corp. (a)		813,000		318,809
Alpha Networks, Inc.		287,000		221,068
AmTRAN Technology Co., Ltd. (a)		476,000		430,350
Apex Biotechnology Corp.		419,000		805,882
Arcadyan Technology Corp. (a)		136,000		253,956
Asia Optical Co., Inc.		278,540		450,775
Asia Polymer		295,000		244,215
Aten International Co. Ltd.		82,000		133,981
Basso Industry Corp. (a)		156,000		139,340
BES Engineering Corp.		2,186,000		493,919
Biostar Microtech International Corp. (a)		440,000		283,460
Cando Corp/Taiwan (a)		225,328		147,617
Capital Securities Corp. (a)		1,651,100		706,554
Catcher Technology Co., Ltd.		270,132		588,495
Cathay No. 1 REIT		1,044,000		349,283
Cathay Real Estate Development Co., Ltd. (a)		1,432,000		503,606
Chang Wah Electromaterials, Inc. (a)		12,000		61,248
Charoen Pokphand Enterprise		803,000		446,090
Chicony Electronics Co., Ltd.		374,372		837,725
Chien Kuo Construction Co. Ltd.		266,000		144,046
China Bills Finance Corp.		2,072,394		594,665
China Life Insurance Co., Ltd. (a)		1,607,655		1,308,379
China Petrochemical Development Corp. (a)		1,818,780		922,650
China Steel Chemical Corp.		241,000		705,040
China Synthetic Rubber Corp.		568,000		541,811
Chinese Gamer International Corp.		20,000		164,947
Chipbond Technology Corp. (a)		347,000		518,370
Chong Hong Construction Co., Ltd.		177,000		320,601
Chung Hung Steel Corp. (a)		768,000		305,943
Chunghwa Picture Tubes, Ltd. (a)		5,240,000		344,098
Clevo Co. (a)		481,053		1,015,060
CMC Magnetics Corp. (a)		2,457,000		616,324
Coretronic Corp.		1,001,420		1,483,516
Crete Systems, Inc.		74,000		180,788
CTCI Corp.		621,000		610,728
D-Link Corp.		760,904		581,367
Dynamic Electronics Co., Ltd.		367,000		291,256
E.Sun Financial Holding Co., Ltd. (a)		3,468,562		1,419,529
Elan Microelectronics Corp.		240,000		337,239
Elite Material Co. Ltd.		144,000		123,916
Epistar Corp.		486,548		1,271,962
Eternal Chemical Co., Ltd. (a)		438,000		421,213
Everlight Electronics Co., Ltd.		313,503		807,869
Excelsior Medical Co. Ltd.		146,000		324,429
Far Eastern Department Stores, Ltd.		721,629		594,030
Far Eastern International Bank (a)		1,988,669		637,483
Faraday Technology Corp.		266,323		414,427

83

SPDR S&P Emerging Markets Small Cap ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
Farglory Land Development Co., Ltd.		182,000	$	363,643
Feng Hsin Iron & Steel Co., Ltd.		401,270		532,005
Formosa Sumco Technology Corp.		236,000		449,503
Formosa Taffeta Co., Ltd.		819,000		578,600
Formosan Rubber Group, Inc.		356,000		251,504
FSP Technology, Inc.		207,000		246,739
Gallant Precision Machining Co. Ltd. (a)		238,000		114,809
Gemtek Technology Corp.		167,000		233,363
GeoVision, Inc.		15,000		51,118
Giant Manufacturing Co., Ltd.		354,660		1,081,701
Gintech Energy Corp. (a)		480,294		1,272,055
Global Unichip Corp.		95,669		348,358
Goldsun Development & Construction Co., Ltd.		1,507,516		656,839
Grand Pacific Petrochemical (a)		722,000		279,754
Great Wall Enterprise Co.		314,000		274,114
Greatek Electronics, Inc.		827,900		797,458
HannStar Display Corp. (a)		3,705,474		711,538
Hey Song Corp.		309,000		208,202
Highwealth Construction Corp.		373,000		596,679
Himax Technologies, Inc. ADR (a)(b)		366,202		1,065,648
Hiwin Technologies Corp.		142,000		297,863
Hotai Motor Co., Ltd.		251,000		610,090
Huaku Development Co., Ltd. (a)		182,000		452,571
Huang Hsiang Construction Co. (a)		171,000		255,716
Ibase Technology, Inc.		111,000		165,473
IC Plus Corp. (a)		139,000		138,431
Inotera Memories, Inc. (a)		680,000		381,993
Inventec Co., Ltd.		2,367,405		1,267,273
Jess-Link Products Co. Ltd. (a)		124,000		391,703
KGI Securities Co., Ltd.		2,577,000		1,010,541
King Yuan Electronics Co., Ltd.		1,144,994		475,722
King’s Town Bank (a)		719,000		238,313
Kinsus Interconnect Technology Corp.		277,030		537,136
Largan Precision Co., Ltd.		59,220		951,014
LEE Chang Yung Chemical Industry Corp.		355,000		425,361
Lingsen Precision Industries Ltd.		446,000		271,363
Long Bon International Co. Ltd. (a)		707,000		272,841
Lumax International Corp. Ltd.		31,000		50,555
Macronix International Co., Ltd.		1,976,656		1,313,403
Makalot Industrial Co., Ltd.		460,000		1,102,345
Mayer Steel Pipe Corp. (a)		299,000		208,443
Mirle Automation Corp. (a)		161,000		155,330
Mitac International Corp.		1,200,999		456,007
Motech Industries, Inc.		139,000		426,108
Nan Kang Rubber Tire Co., Ltd. (a)		602,000		758,788
Nan Ya Printed Circuit Board Corp.		120,000		491,107
Nanya Technology Corp. (a)		1,454,948		1,143,346
Novatek Microelectronics Corp., Ltd.		309,572		839,168
Oriental Union Chemical Corp. (a)		424,000		315,379
Pan-International Industrial Co., Ltd.		222,000		336,474
Phison Electronics Corp.		72,000		416,787
Phytohealth Corp. (a)		244,000		350,074
PixArt Imaging, Inc.		66,000		371,785
Polaris Securities Co., Ltd. (a)		2,938,920		1,294,235
Portwell, Inc.		136,000		146,871
Pou Chen Corp.		1,570,000		1,228,872
Powerchip Semiconductor Corp. (a)		3,144,000		428,574
Powertech Industrial Co. Ltd.		112,000		137,684
Powertech Technology, Inc.		315,168		883,763
President Securities Corp. (a)		976,924		483,423
Prime Electronics Satellitics, Inc.		233,000		221,169
Prime View International Co., Ltd. (a)		411,000		505,891
Promate Electronic Co. Ltd.		297,000		242,174
Qisda Corp. (a)		1,318,080		656,343
Radium Life Tech Co., Ltd. (a)		445,000		380,857
Raydium Semiconductor Corp.		66,000		491,331
Realtek Semiconductor Corp.		285,188		631,059
RichTek Technology Corp.		94,455		798,112
Ritek Corp. (a)		3,580,596		900,400
Ruentex Development Co., Ltd.		624,000		996,256
Ruentex Industries, Ltd. (a)		351,000		979,870
Sercomm Corp.		383,000		247,335
Sheng Yu Steel Co. Ltd.		287,000		188,466
Shinkong Insurance Co. Ltd. (a)		279,000		251,809
Shinkong Synthetic Fibers Corp. (a)		953,000		320,321
Silicon Motion Technology Corp. ADR (a)(b)		84,619		437,480
Simplo Technology Co., Ltd.		152,530		833,108
Sinbon Electronics Co. Ltd.		287,000		204,544
Sino-American Silicon Products, Inc.		161,000		346,738
Sinon Corp.		596,000		242,989
Sinphar Pharmaceutical Co. Ltd.		275,000		277,298
Sintek Photronic Corp. (a)		375,000		244,503
Solar Applied Materials Technology Corp.		210,423		467,585
St. Shine Optical Co., Ltd.		82,000		658,419
Standard Foods Corp.		135,000		328,976
Sunonwealth Electric Machine Industry Co. Ltd.		384,000		313,113
Super Dragon Technology Co. Ltd.		132,000		205,817
T JOIN Transportation Co.		287,000		207,670
Taichung Commercial Bank		1,416,848		384,511
Tainan Enterprises Co. Ltd.		285,000		301,130
Taishin Financial Holdings Co., Ltd. (a)		3,570,518		1,389,026
Taisun Enterprise Co. Ltd. (a)		632,000		343,227
Taiwan Acceptance Corp.		293,000		367,943
Taiwan Business Bank (a)		3,005,000		794,936
Taiwan Glass Industrial Corp.		1,493,787		1,376,098
Taiwan Hon Chuan Enterprise Co., Ltd.		267,000		491,098
Taiwan Hopax Chemicals Manufacturing Co. Ltd. (a)		207,000		162,023

84

SPDR S&P Emerging Markets Small Cap ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
Taiwan IC Packaging Corp. (a)		278,000	$	88,250
Taiwan Life Insurance Co., Ltd. (a)		311,000		322,794
Taiwan Mask Corp.		479,000		168,455
Taiwan Secom		271,000		425,922
Tatung Co., Ltd. (a)		2,614,268		463,761
Teco Electric & Machinery Co., Ltd.		2,638,000		1,091,932
Tecom Co. Ltd. (a)		388,000		118,459
Transcend Information, Inc.		131,000		348,991
Tripod Technology Corp.		461,255		1,722,627
TSRC Corp.		544,000		755,097
TTY Biopharm Co., Ltd.		122,000		351,213
Tung Ho Steel Enterprise Corp.		612,258		483,991
Unimicron Technology Corp.		744,130		1,097,732
Unitech Computer Co. Ltd.		235,000		135,303
Universal Cement Corp. (a)		476,800		203,295
Userjoy Technology Co. Ltd.		14,000		160,777
Ve Wong Corp.		183,000		142,384
Via Technologies, Inc. (a)		463,062		364,610
Visual Photonics Epitaxy Co., Ltd. (a)		205,000		481,054
Wafer Works Corp.		274,821		347,252
Wah Hong Industrial Corp.		94,000		167,630
Walsin Lihwa Corp. (a)		3,133,000		1,165,192
Wan Hai Lines, Ltd. (a)		1,323,400		819,621
Waterland Financial Holdings Co., Ltd. (a)		1,071,000		319,652
Wei Chuan Food Corp. (a)		292,000		347,603
Weikeng Industrial Co. Ltd.		372,000		251,230
Winbond Electronics Corp. (a)		5,617,000		1,424,725
Wintek Corp. (a)		990,000		801,083
Wistron NeWeb Corp. (a)		143,000		244,330
WPG Holdings Co., Ltd.		508,304		949,170
XinTec, Inc.		75,000		162,224
Yageo Corp.		3,050,000		1,243,484
Yang Ming Marine Transport Corp.		1,508,899		772,494
Yeh-Chiang Technology Corp. (a)		181,000		247,856
Yosun Industrial Corp.		899,801		1,366,581
Young Fast Optoelectronics Co., Ltd. (a)		66,000		503,244
Yuen Foong Yu Paper Manufacturing Co., Ltd. (a)		2,163,080		784,273
Yulon Motor Co., Ltd.		1,324,462		1,310,798
Yung Shin Pharmaceutical Industrial Co. Ltd.		305,000		304,701
Yungtay Engineering Co. Ltd.		170,000		139,147
Zenitron Corp.		240,000		146,025
Zyxel Communications Corp.		303,000		179,641
				98,081,285
THAILAND — 5.0%
BEC World PCL		2,395,320		2,033,692
Cal-Comp Electronics Thailand PCL		13,329,384		1,489,730
Central Pattana PCL		1,980,787		1,223,086
Charoen Pokphand Foods PCL		5,560,063		3,484,695
Glow Energy PCL		714,284		821,460
Hana Microelectronics PCL		3,379,494		2,817,114
Minor International PCL (a)		2,082,310		649,316
PTT Aromatics & Refining PCL		438,124		341,545
Thanachart Capital PCL		3,883,190		3,476,768
Thoresen Thai Agencies PCL		1,114,047		797,959
				17,135,365
TURKEY — 2.2%
Albaraka Turk Katilim Bankasi		782,430		1,452,926
Asya Katilim Bankasi AS		292,880		677,051
Dogan Yayin Holding AS (a)		412,810		349,386
Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS (a)		1,316,962		482,449
Petkim Petrokimya Holding AS (a)		265,999		1,780,887
Sekerbank TAS		584,640		550,206
Turk Hava Yollari Anonim Ortakligi (a)		858,153		2,124,718
				7,417,623
TOTAL COMMON STOCKS —
(Cost $346,433,559)				342,434,014
PREFERRED STOCK — 0.1%
BRAZIL — 0.1%
Klabin SA Preference Shares (Cost $527,413)		176,000		488,211
DEPOSITARY RECEIPTS — 0.0% (d)
PHILIPPINES — 0.0% (d)
ABS-CBN Holdings Corp, PDR (Cost $94,288)		110,500		96,543
WARRANTS — 0.0% (d)
MALAYSIA — 0.0% (d)
Media Prima Bhd (expiring 12/31/14) (a)		31,497		5,740
THAILAND — 0.0% (d)
Minor International PCL (expiring 5/18/13) (a)		148,124		10,975
TOTAL WARRANTS —
(Cost $9,828)				16,715
SHORT TERM INVESTMENTS — 0.9%
UNITED STATES — 0.9%
MONEY MARKET FUNDS — 0.9%
State Street Navigator Securities Lending Prime Portfolio (e)(f)		2,778,393		2,778,393
State Street Institutional Liquid Reserves Fund (e)		237,595		237,595
TOTAL SHORT TERM INVESTMENTS —
(Cost $3,015,988)				3,015,988
TOTAL INVESTMENTS — 100.6%
(Cost $350,081,076)				346,051,471
OTHER ASSETS AND LIABILITIES — (0.6)%				(2,160,775	)
NET ASSETS — 100.0%			$	343,890,696

85

SPDR S&P Emerging Markets Small Cap ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

(a)	Non-income producing security.
(b)	Security, or portion thereof, was on loan at June 30, 2010.
(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. Security value is determined based on Level 2 inputs. (See accompanying Notes to Schedules of Investments)
(d)	Amount shown represents less than 0.05% of net assets.
(e)	Affiliated Fund managed by SSgA Funds Management, Inc. (Note 3)
(f)	Investments of cash collateral for securities loaned.

ADR = American Depositary Receipt

GDR = Global Depositary Receipt

REIT = Real Estate Investment Trust

86

SPDR S&P Emerging Markets Small Cap ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

INDUSTRY BREAKDOWN AS OF June 30, 2010*

	PERCENT OF
INDUSTRY**	NET ASSETS
Semiconductors & Semiconductor Equipment		6.5	%
Electronic Equipment, Instruments & Components		6.0
Construction & Engineering		5.3
Real Estate Management & Development		5.0
Commercial Banks		4.9
Food Products		4.6
Metals & Mining		4.1
Computers & Peripherals		3.4
Multiline Retail		3.0
Chemicals		2.9
Media		2.6
Capital Markets		2.5
Electrical Equipment		2.5
Software		2.5
Specialty Retail		2.5
Industrial Conglomerates		2.4
Machinery		2.3
Construction Materials		2.2
Textiles, Apparel & Luxury Goods		2.1
Hotels, Restaurants & Leisure		2.0
Health Care Providers & Services		1.8
Pharmaceuticals		1.7
Transportation Infrastructure		1.7
Automobiles		1.6
Marine		1.6
Communications Equipment		1.3
Consumer Finance		1.3
Household Durables		1.3
IT Services		1.2
Independent Power Producers & Energy Traders		1.2
Auto Components		1.0
Diversified Financial Services		1.0
Electric Utilities		0.9
Food & Staples Retailing		0.9
Paper & Forest Products		0.9
Airlines		0.8
Building Products		0.8
Oil, Gas & Consumable Fuels		0.8
Gas Utilities		0.7
Insurance		0.7
Beverages		0.6
Diversified Consumer Services		0.6
Energy Equipment & Services		0.6
Commercial Services & Supplies		0.5
Health Care Equipment & Supplies		0.5
Internet Software & Services		0.5
Leisure Equipment & Products		0.5
Life Sciences Tools & Services		0.5
Tobacco		0.5
Air Freight & Logistics		0.4
Biotechnology		0.4
Diversified Telecommunication Services		0.4
Road & Rail		0.4
Containers & Packaging		0.3
Real Estate Investment Trusts		0.3
Thrifts & Mortgage Finance		0.2
Personal Products		0.0	***
Short Term Investments		0.9
Other Assets & Liabilities		(0.6	)
TOTAL		100.0	%

*	The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time.
**	Each security is based on Level 1 inputs except for Berjaya Corp. Bhd which was Level 2 and part of the Industrial Conglomerates Industry, representing 0.01% of the net assets. (See accompanying Notes to Schedules of Investments)
***	Amount represents less than 0.05% of net assets.

87

SPDR Dow Jones Global Real Estate ETF
SCHEDULE OF INVESTMENTS

June 30, 2010 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS — 99.6%
AUSTRALIA — 8.9%
Abacus Property Group		332,507	$	115,149
Astro Japan Property Group (a)		129,420		35,527
Bunnings Warehouse Property Trust (a)		74,445		118,529
CFS Retail Property Trust (a)		407,481		650,498
Charter Hall Office REIT (b)		1,130,904		238,805
Charter Hall Retail REIT (a)		345,782		160,636
Commonwealth Property Office Fund (a)		429,143		337,102
Dexus Property Group (a)		1,087,297		707,157
Goodman Group		1,396,377		748,951
GPT Group		453,803		1,077,086
ING Industrial Fund		573,609		181,687
ING Office Fund		592,728		290,376
Westfield Group		532,239		5,475,590
				10,137,093
AUSTRIA — 0.9%
Atrium European Real Estate, Ltd.		45,869		199,625
CA Immobilien Anlagen AG (b)		19,207		201,435
Immofinanz AG (a)(b)		255,357		666,549
				1,067,609
BELGIUM — 0.5%
Befimmo S.C.A.		3,334		229,143
Cofinimmo		2,732		309,277
				538,420
CANADA — 5.1%
Artis REIT		5,740		58,607
Boardwalk REIT		5,799		218,612
Brookfield Asset Management, Inc. (Class A)		125,320		2,838,613
Brookfield Properties Corp. (a)		63,381		889,869
Calloway REIT		10,196		200,725
Canadian Apartment Properties REIT		8,294		116,919
Canadian REIT		7,927		207,229
Chartwell Seniors Housing REIT		15,568		105,042
Extendicare REIT		9,589		77,062
First Capital Realty, Inc. (a)		14,286		182,970
H&R REIT		17,236		275,737
Primaris Retail REIT		8,190		134,567
RioCan REIT		28,940		518,532
				5,824,484
CHINA — 1.9%
Hongkong Land Holdings, Ltd. (a)		293,000		1,459,140
Kerry Properties, Ltd.		151,135		660,851
				2,119,991
FRANCE — 4.8%
Beni Stabili SpA (b)		37,266		28,301
Fonciere des Regions (a)(b)		5,045		420,153
Gecina SA		5,116		466,172
Klepierre		22,959		640,208
SILIC (a)		2,325		230,679
Unibail-Rodamco SE		22,313		3,682,879
				5,468,392
GERMANY — 0.1%
IVG Immobilien AG (b)		19,987		119,717
HONG KONG — 4.8%
Champion REIT		374,462		174,556
GZI REIT		179,000		75,626
Hang Lung Group, Ltd.		204,996		1,113,544
Hang Lung Properties, Ltd.		448,018		1,734,620
Hysan Development Co., Ltd.		149,141		425,179
Prosperity REIT		289,000		51,957
The Link REIT		538,330		1,341,133
Wheelock & Co., Ltd.		202,016		575,917
				5,492,532
ITALY — 0.1%
Beni Stabili SpA (a)		205,081		157,002
JAPAN — 9.0%
Aeon Mall Co., Ltd. (a)		19,500		391,366
DA Office Investment Corp. (a)		64		142,913
Daibiru Corp. (a)		14,300		108,757
Frontier Real Estate Investment Corp. (a)		36		248,164
Fukuoka REIT Corp. (a)		22		127,540
Global One Real Estate Investment Co., Ltd. (a)		24		165,985
Hankyu REIT, Inc.		21		81,636
Heiwa Real Estate Co., Ltd.		37,000		84,880
Japan Excellent, Inc. (a)		34		161,758
Japan Hotel and Resort, Inc.		19		36,931
JAPAN OFFICE Investment Corp.		35		32,433
Japan Prime Realty Investment Corp. (a)		176		373,321
Japan Real Estate Investment Corp. (a)		120		983,162
Japan Retail Fund Investment Corp.		413		505,924
Kenedix Realty Investment Corp.		58		162,615
Mitsui Fudosan Co., Ltd.		215,000		3,039,496
Mori Hills REIT Investment Corp.		41		84,094
Mori Trust Sogo REIT, Inc. (a)		42		314,205
Nippon Building Fund, Inc. (a)		132		1,050,153
Nippon Commercial Investment Corp.		64		61,693
Nomura Real Estate Office Fund, Inc. (a)		71		355,441
NTT Urban Development Corp.		269		216,136
Orix JREIT, Inc.		61		255,402
Premier Investment Corp.		32		122,590
Shoei Co., Ltd. (a)		9,100		61,188
Tokyu Land Corp. (a)		112,000		397,424
Tokyu REIT, Inc.		42		219,516
Top REIT, Inc.		38		167,906
United Urban Investment Corp.		49		294,033
				10,246,662
NETHERLANDS — 1.0%
Corio NV		13,871		678,689
Eurocommercial Properties NV		8,631		277,518
VastNed Retail NV		4,467		226,033
				1,182,240

88

SPDR Dow Jones Global Real Estate ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
NEW ZEALAND — 0.3%
AMP NZ Office Trust (a)		188,597	$	92,079
Goodman Property Trust		156,146		97,710
ING Property Trust (a)		135,779		63,491
Kiwi Income Property Trust (a)		205,211		127,002
				380,282
SINGAPORE — 3.6%
Ascendas REIT		317,549		413,967
Cambridge Industrial Trust		214,843		76,175
CapitaCommercial Trust (a)		465,000		406,346
CapitaLand, Ltd.		618,500		1,594,872
CapitaMall Trust		491,755		648,112
Frasers Commercial Trust (a)		581,206		58,283
Guocoland, Ltd.		61,000		93,940
Mapletree Logistics Trust		268,000		160,289
Singapore Land, Ltd.		26,000		118,817
Starhill Global REIT		246,514		97,998
Suntec REIT		416,639		393,928
United Industrial Corp., Ltd.		60,000		90,251
				4,152,978
SOUTH AFRICA — 0.4%
Capital Property Fund		101,999		97,132
Fountainhead Property Trust		243,602		197,975
SA Corporate Real Estate Fund		203,738		77,075
Sycom Property Fund		25,284		68,934
				441,116
SPAIN — 0.0% (c)
Martinsa-Fadesa SA (b)(d)(e)		178		0
SWEDEN — 0.7%
Castellum AB (a)		42,101		384,655
Fabege AB (a)		35,069		209,278
Kungsleden AB		33,384		203,770
				797,703
SWITZERLAND — 1.1%
PSP Swiss Property AG (b)		8,491		509,059
Swiss Prime Site AG (b)		12,578		762,833
				1,271,892
UNITED KINGDOM — 6.0%
Big Yellow Group PLC (b)		25,283		111,965
British Land Co. PLC		212,970		1,387,927
Capital & Counties Properties PLC (b)		142,186		230,806
Derwent London PLC		24,654		461,060
Grainger PLC		103,244		181,958
Great Portland Estates PLC		76,471		332,813
Hammerson PLC		173,542		892,369
Land Securities Group PLC		187,212		1,564,290
Liberty International PLC		131,863		614,725
Segro PLC		179,583		681,894
Shaftesbury PLC		55,176		297,175
Workspace Group PLC		207,944		66,888
				6,823,870
UNITED STATES — 50.4%
Acadia Realty Trust (a)		9,885		166,266
Alexander’s, Inc. (a)(b)		844		255,664
Alexandria Real Estate Equities, Inc. (a)		10,804		684,649
AMB Property Corp. (a)		41,129		975,169
American Campus Communities, Inc. (a)		12,890		351,768
Apartment Investment & Management Co. (Class A) (a)		28,629		554,544
Ashford Hospitality Trust (a)(b)		12,874		94,366
AvalonBay Communities, Inc. (a)		20,309		1,896,251
BioMed Realty Trust, Inc. (a)		27,767		446,771
Boston Properties, Inc. (a)		33,853		2,415,073
Brandywine Realty Trust (a)		31,818		342,043
BRE Properties, Inc. (a)		15,600		576,108
Camden Property Trust (a)		16,105		657,889
CBL & Associates Properties, Inc. (a)		33,716		419,427
Cedar Shopping Centers, Inc. (a)		12,375		74,498
Colonial Properties Trust (a)		16,217		235,633
Corporate Office Properties Trust (a)		14,356		542,083
Cousins Properties, Inc. (a)		22,261		150,039
DCT Industrial Trust, Inc. (a)		51,645		233,435
Developers Diversified Realty Corp. (a)		46,212		457,499
DiamondRock Hospitality Co. (a)(b)		37,004		304,173
Digital Realty Trust, Inc. (a)		20,751		1,196,918
Douglas Emmett, Inc. (a)		29,705		422,405
Duke Realty Corp. (a)		60,350		684,972
DuPont Fabros Technology, Inc. (a)		13,973		343,177
EastGroup Properties, Inc. (a)		6,472		230,274
Education Realty Trust, Inc. (a)		14,083		84,920
Equity Lifestyle Properties, Inc. (a)		7,428		358,252
Equity One, Inc.		10,410		162,396
Equity Residential (a)		69,158		2,879,739
Essex Property Trust, Inc. (a)		7,362		718,089
Extra Space Storage, Inc. (a)		21,140		293,846
Federal Realty Investment Trust (a)		14,898		1,046,882
FelCor Lodging Trust, Inc. (a)(b)		22,721		113,378
First Industrial Realty Trust, Inc. (a)(b)		14,095		67,938
First Potomac Realty Trust (a)		8,839		127,016
Forest City Enterprises, Inc. (Class A) (a)(b)		29,568		334,710
Franklin Street Properties Corp.		17,748		209,604
HCP, Inc. (a)		71,865		2,317,646
Health Care REIT, Inc.		30,085		1,267,180
Healthcare Realty Trust, Inc. (a)		15,235		334,713
Hersha Hospitality Trust (a)		30,040		135,781
Highwoods Properties, Inc. (a)		17,534		486,744
Home Properties, Inc. (a)		8,887		400,537
Hospitality Properties Trust (a)		30,175		636,692
Host Hotels & Resorts, Inc. (a)		160,929		2,169,323
HRPT Properties Trust (a)		63,510		394,397
Inland Real Estate Corp. (a)		18,262		144,635
Kilroy Realty Corp. (a)		12,657		376,293
Kimco Realty Corp. (a)		98,256		1,320,561
Kite Realty Group Trust (a)		15,687		65,572
LaSalle Hotel Properties (a)		17,108		351,912

89

SPDR Dow Jones Global Real Estate ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
Liberty Property Trust (a)		27,754	$	800,703
Mack-Cali Realty Corp.		19,368		575,811
Mid-America Apartment Communities, Inc. (a)		7,363		378,974
Nationwide Health Properties, Inc. (a)		29,188		1,044,055
Parkway Properties, Inc. (a)		5,357		78,051
Pennsylvania Real Estate Investment Trust (a)		13,319		162,758
Piedmont Office Realty Trust, Inc. (Class A) (a)		13,640		255,477
Post Properties, Inc. (a)		11,850		269,351
ProLogis (a)		115,731		1,172,355
PS Business Parks, Inc. (a)		4,683		261,218
Public Storage (a)		34,490		3,032,016
Ramco-Gershenson Properties Trust (a)		9,144		92,354
Regency Centers Corp. (a)		20,004		688,138
Saul Centers, Inc.		1,844		74,922
Senior Housing Properties Trust (a)		31,052		624,456
Simon Property Group, Inc. (a)		70,733		5,711,690
SL Green Realty Corp. (a)		19,099		1,051,209
Sovran Self Storage, Inc. (a)		6,724		231,507
Sun Communities, Inc. (a)		4,278		111,057
Sunstone Hotel Investors, Inc. (a)(b)		24,018		238,499
Tanger Factory Outlet Centers, Inc. (a)		9,926		410,738
Taubman Centers, Inc. (a)		13,350		502,360
The Macerich Co. (a)		31,730		1,184,164
U-Store-It Trust (a)		20,330		151,662
UDR, Inc. (a)		39,662		758,734
Universal Health Realty Income Trust (a)		2,732		87,779
Ventas, Inc. (a)		38,277		1,797,105
Vornado Realty Trust		44,100		3,217,095
Washington Real Estate Investment Trust (a)		14,851		409,739
Weingarten Realty Investors (a)		29,252		557,251
				57,441,078
TOTAL COMMON STOCKS —
(Cost $100,830,616)				113,663,061
SHORT TERM INVESTMENTS — 26.1%
UNITED STATES — 26.1%
MONEY MARKET FUNDS — 26.1%
State Street Navigator Securities Lending Prime Portfolio (f)(g)		29,709,284		29,709,284
State Street Institutional Liquid Reserves Fund (f)		76,266		76,266
TOTAL SHORT TERM INVESTMENTS —
(Cost $29,785,550)				29,785,550
TOTAL INVESTMENTS — 125.7%
(Cost $130,616,166)				143,448,611
OTHER ASSETS AND LIABILITIES — (25.7)%				(29,371,530	)
NET ASSETS — 100.0%			$	114,077,081

(a)	Security, or portion thereof, was on loan at June 30, 2010.
(b)	Non-income producing security.
(c)	Amount shown represents less than 0.05% of net assets.
(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. Security value is determined based on Level 2 inputs. (See accompanying Notes to Schedules of Investments)
(e)	Company has filed for insolvency.
(f)	Affiliated Fund managed by SSgA Funds Management, Inc. (See accompanying Notes to Schedules of Investments)
(g)	Investments of cash collateral for securities loaned.

REIT = Real Estate Investment Trust

90

SPDR Dow Jones Global Real Estate ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

INDUSTRY BREAKDOWN AS OF June 30, 2010*

	PERCENT OF
INDUSTRY**	NET ASSETS
Retail REITs		27.4	%
Real Estate Management & Development		17.6
Office REITs		15.3
Specialized REITs		13.6
Diversified REITs		11.6
Residential REITs		9.1
Industrial REITs		4.8
Diversified Capital Markets		0.2
Short Term Investments		26.1
Other Assets & Liabilities		(25.7	)
TOTAL		100.0	%

*	The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time.
**	Each security is valued based on Level 1 inputs except for Martinsa-Fadesa SA, which was Level 2 and part of Real Estate Management & Development Industry, representing less than 0.05% of net assets. (See accompanying Notes to Schedules of Investments)

91

SPDR S&P International Consumer Discretionary Sector ETF
SCHEDULE OF INVESTMENTS

June 30, 2010 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS — 99.0%
AUSTRALIA — 2.1%
Aristocrat Leisure, Ltd.		8,471	$	26,187
Crown, Ltd.		8,199		53,810
Fairfax Media, Ltd.		38,613		42,888
Tatts Group, Ltd.		22,165		41,937
				164,822
AUSTRIA — 0.3%
bwin Interactive Entertainment AG		528		23,506
BELGIUM — 1.1%
S.A. D’Ieteren NV		208		89,035
CANADA — 5.0%
Canadian Tire Corp., Ltd. (Class A)		1,102		55,118
Gildan Activewear, Inc. (a)		1,297		37,324
Magna International, Inc. (Class A)		1,042		68,767
Shaw Communications, Inc.		3,669		66,188
Thomson Reuters Corp.		3,668		131,512
Tim Hortons, Inc.		1,231		39,479
				398,388
FINLAND — 0.8%
Nokian Renkaat Oyj		987		24,361
Sanoma Oyj		2,500		43,392
				67,753
FRANCE — 10.9%
Accor SA (a)		1,446		67,749
Compagnie Generale des Etablissements Michelin		1,300		91,927
Havas SA		9,270		41,241
Hermes International		469		62,589
Lagardere SCA		1,142		35,964
LVMH Moet Hennessy Louis Vuitton SA		1,638		180,194
Peugeot SA (a)		1,457		37,594
PPR		650		81,649
Renault SA (a)		1,384		52,189
Sodexo		1,035		58,000
Vivendi SA		8,051		165,824
				874,920
GERMANY — 8.1%
Adidas AG		1,627		79,467
Bayerische Motoren Werke AG		2,319		113,806
Daimler AG (a)		5,957		305,879
Porsche Automobil Holding SE		667		28,836
TUI AG (a)		2,402		21,328
Volkswagen AG		551		47,218
Volkswagen AG Preference Shares		615		54,525
				651,059
GREECE — 0.2%
JUMBO SA		1,482		9,077
OPAP SA		874		10,930
				20,007
HONG KONG — 3.8%
Belle International Holdings, Ltd.		33,000		47,293
Esprit Holdings, Ltd.		10,494		57,206
Giordano International, Ltd.		86,000		36,886
GOME Electrical Appliances Holdings, Ltd. (a)		64,000		19,561
Li & Fung, Ltd.		24,000		108,332
Shangri-La Asia, Ltd.		14,000		26,033
Skyworth Digital Holdings, Ltd.		16,000		10,705
				306,016
ITALY — 2.2%
Fiat SpA (a)		6,652		69,380
Lottomatica SpA		2,069		26,864
Mediaset SpA		7,209		41,414
Pirelli & C. SpA (a)		62,687		34,976
				172,634
JAPAN — 36.1%
Aisin Seiki Co., Ltd.		2,000		54,560
Aoyama Trading Co., Ltd.		3,500		63,047
Benesse Holdings, Inc.		1,200		54,718
Bridgestone Corp.		5,500		87,886
Casio Computer Co., Ltd.		3,400		20,671
Denso Corp.		2,900		81,144
Dentsu, Inc.		2,700		72,557
Fast Retailing Co., Ltd.		700		106,950
Fuji Heavy Industries, Ltd. (a)		12,000		65,092
Gunze, Ltd.		13,000		41,135
Honda Motor Co., Ltd.		9,800		287,610
Isetan Mitsukoshi Holdings, Ltd.		4,700		46,315
Isuzu Motors, Ltd.		12,000		36,614
Mazda Motor Corp.		13,000		30,851
Mitsubishi Motors Corp. (a)		29,000		37,032
Namco Bandai Holdings, Inc.		3,500		30,970
Nikon Corp.		3,500		61,346
Nissan Motor Co., Ltd. (a)		14,000		99,039
Panasonic Corp.		12,400		157,225
PARIS MIKI HOLDINGS, Inc.		3,500		26,500
Rakuten, Inc.		55		39,841
Resorttrust, Inc.		4,000		56,910
Sanyo Electric Co., Ltd. (a)		19,000		24,692
Sekisui Chemical Co., Ltd.		7,000		44,141
Sekisui House, Ltd.		6,000		51,802
Sharp Corp.		7,000		74,833
Shimano, Inc.		1,200		51,938
Sony Corp.		6,400		172,349
Stanley Electric Co., Ltd.		2,100		35,194
Sumitomo Forestry Co., Ltd.		6,100		49,081
Suzuki Motor Corp.		3,300		65,523
Toyobo Co., Ltd.		29,000		48,830
Toyota Industries Corp.		1,900		48,761
Toyota Motor Corp.		17,200		598,667
Yamada Denki Co., Ltd.		890		58,636
				2,882,460
LUXEMBOURG — 0.7%
SES		2,498		52,368
NETHERLANDS — 1.8%
Reed Elsevier NV		6,539		73,056
Wolters Kluwer NV		3,622		69,987
				143,043

92

SPDR S&P International Consumer Discretionary Sector ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
NORWAY — 0.4%
Schibsted ASA		1,682	$	32,589
SINGAPORE — 1.1%
Genting Singapore PLC (a)		42,000		35,198
Singapore Press Holdings, Ltd.		19,000		51,579
				86,777
SOUTH KOREA — 4.4%
Hyundai Mobis		440		74,536
Hyundai Motor Co.		1,437		169,928
Kia Motors Corp.		1,100		29,436
LG Electronics, Inc.		674		51,848
Lotte Shopping Co., Ltd. (a)		100		28,806
				354,554
SPAIN — 1.3%
Industria de Diseno Textil SA		1,551		89,453
La Seda de Barcelona SA (Class B) (a)(b)		23,359		0
NH Hoteles SA (a)		3,651		11,180
				100,633
SWEDEN — 3.1%
Electrolux AB		3,763		86,991
Hennes & Mauritz AB (Class B)		5,892		163,238
				250,229
SWITZERLAND — 2.4%
Compagnie Financiere Richemont SA		1,712		60,250
The Swatch Group AG		455		129,325
				189,575
UNITED KINGDOM — 13.2%
British Sky Broadcasting Group PLC		9,284		97,298
Burberry Group PLC		3,693		42,074
Carnival PLC		1,860		60,747
Compass Group PLC		14,508		111,132
GKN PLC (a)		12,837		22,336
Home Retail Group PLC		10,248		32,887
Informa PLC		6,506		34,623
ITV PLC (a)		29,890		22,516
Kingfisher PLC		25,307		79,964
Marks & Spencer Group PLC		13,294		65,992
Next PLC		2,243		67,417
Pearson PLC		8,503		112,965
Reed Elsevier PLC		9,701		72,423
Tui Travel PLC		10,415		32,613
Virgin Media, Inc.		2,984		49,803
Whitbread PLC		2,624		55,314
WPP PLC		9,880		93,936
				1,054,040
TOTAL COMMON STOCKS —
(Cost $8,718,767)				7,914,408
SHORT TERM INVESTMENT — 0.0% (c)
UNITED STATES — 0.0% (c)
MONEY MARKET FUND — 0.0% (c)
State Street Institutional Liquid Reserves Fund (d) (Cost $566)		566		566
TOTAL INVESTMENTS — 99.0%
(Cost $8,719,333)				7,914,974
OTHER ASSETS AND LIABILITIES — 1.0%				76,050
NET ASSETS — 100.0%			$	7,991,024

(a)	Non-income producing security.
(b)	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. Security value is determined based on Level 3 inputs. (See accompanying Notes to Schedules of Investments)
(c)	Amount represents less than 0.05% of net assets.
(d)	Affiliated Fund managed by SSgA Funds Management, Inc. (See accompanying Notes to Schedules of Investments)

93

SPDR S&P International Consumer Discretionary Sector ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

INDUSTRY BREAKDOWN AS OF June 30, 2010*

	PERCENT OF
INDUSTRY**	NET ASSETS
Automobiles		26.6	%
Media		17.6
Hotels, Restaurants & Leisure		9.5
Specialty Retail		9.5
Household Durables		9.3
Textiles, Apparel & Luxury Goods		8.5
Auto Components		7.8
Multiline Retail		4.3
Distributors		2.5
Leisure Equipment & Products		1.8
Internet & Catalog Retail		0.9
Diversified Consumer Services		0.7
Containers & Packaging		0.0	***
Short Term Investments		0.0	***
Other Assets & Liabilities		1.0
TOTAL		100.0	%

*	The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time.
**	Each security is valued based on Level 1 inputs except for La Seda de Barcelona SA, which was Level 3 and part of the Containers & Packaging Industry, representing less than 0.05% of net assets. (See accompanying Notes to Schedules of Investments)
***	Amount shown represents less than 0.05% of net assets.

94

SPDR S&P International Consumer Staples Sector ETF
SCHEDULE OF INVESTMENTS

June 30, 2010 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS — 99.7%
AUSTRALIA — 8.8%
Coca-Cola Amatil, Ltd.		9,625	$	97,232
Foster’s Group, Ltd.		25,167		120,104
Wesfarmers, Ltd.		9,512		230,183
Woolworths, Ltd.		10,813		246,779
				694,298
BELGIUM — 4.7%
Anheuser-Busch InBev NV		5,810		282,816
Anheuser-Busch InBev NV — VVPR Strip (a)		2,040		8
Delhaize Group		1,240		90,722
				373,546
CANADA — 2.5%
Loblaw Cos., Ltd.		2,388		86,765
Shoppers Drug Mart Corp.		2,511		77,789
Viterra, Inc. (a)		4,411		29,430
				193,984
DENMARK — 1.1%
Carlsberg A/S (Class B)		1,078		82,764
FINLAND — 0.6%
Kesko Oyj (Class B)		1,386		45,210
FRANCE — 10.0%
Carrefour SA		4,083		163,741
Casino Guichard-Perrachon SA		708		54,098
Danone SA		4,858		263,015
L’Oreal SA		1,789		177,433
Pernod — Ricard SA		1,655		129,701
				787,988
GERMANY — 2.6%
Beiersdorf AG		1,131		62,570
Henkel AG & Co. KGaA Preference Shares		2,883		141,608
				204,178
IRELAND — 0.4%
Kerry Group PLC (Class A)		1,059		29,446
ITALY — 0.7%
Parmalat SpA		24,174		56,675
JAPAN — 12.8%
Aeon Co., Ltd.		6,700		71,550
Ajinomoto Co., Inc.		8,000		72,957
Asahi Breweries, Ltd.		5,500		93,666
Japan Tobacco, Inc.		41		128,667
Kao Corp.		6,000		141,914
Kirin Holdings Co., Ltd.		8,000		101,435
Lawson, Inc.		1,700		74,636
Nichirei Corp.		12,000		50,718
Seven & I Holdings Co., Ltd.		5,900		136,482
Shiseido Co., Ltd.		4,600		102,407
UNY Co., Ltd.		4,600		35,349
				1,009,781
LUXEMBOURG — 0.2%
Oriflame Cosmetics SA SDR		350		18,310
NETHERLANDS — 7.2%
Heineken NV		2,316		98,922
Koninklijke Ahold NV		9,679		120,514
Unilever NV		12,558		346,717
				566,153
NORWAY — 0.3%
Marine Harvest		35,383		23,641
SINGAPORE — 1.6%
Golden Agri-Resources, Ltd. (a)		75,105		28,512
Wilmar International, Ltd.		23,000		95,222
				123,734
SPAIN — 1.0%
Ebro Puleva SA		4,124		70,064
SOS Corporacion Alimentaria SA (a)		3,365		6,719
				76,783
SWEDEN — 0.8%
Swedish Match AB		2,697		59,367
SWITZERLAND — 17.5%
Lindt & Spruengli AG		36		78,420
Nestle SA		26,772		1,295,960
				1,374,380
UNITED KINGDOM — 26.9%
British American Tobacco PLC		13,710		438,229
Diageo PLC		18,701		296,573
Imperial Tobacco Group PLC		7,790		218,990
J Sainsbury PLC		12,020		57,816
Reckitt Benckiser Group PLC		4,737		221,965
SABMiller PLC		6,103		172,479
Tate & Lyle PLC		5,480		36,869
Tesco PLC		56,280		320,004
Unilever PLC		10,170		274,028
William Morrison Supermarkets PLC		19,095		76,019
				2,112,972
TOTAL COMMON STOCKS —
(Cost $8,213,872)				7,833,210
WARRANTS — 0.0% (b)
SINGAPORE — 0.0% (b)
Golden Agri-Resources, Ltd. (expiring 7/23/12) (a) (Cost $0)		2,970		213
SHORT TERM INVESTMENT — 0.0% (b)
UNITED STATES — 0.0% (b)
MONEY MARKET FUND — 0.0% (b)
State Street Institutional Liquid Reserves Fund (c) (Cost $1,963)		1,963		1,963
TOTAL INVESTMENTS — 99.7%
(Cost $8,215,835)				7,835,386
OTHER ASSETS AND LIABILITIES — 0.3%				24,363
NET ASSETS — 100.0%			$	7,859,749

95

SPDR S&P International Consumer Staples Sector ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

(a)	Non-income producing security.
(b)	Amount shown represents less than 0.05% of net assets.
(c)	Affiliated Fund managed by SSgA Funds Management, Inc. (See accompanying Notes to Schedules of Investments)

SDR = Swedish Depositary Receipt

96

SPDR S&P International Consumer Staples Sector ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

INDUSTRY BREAKDOWN AS OF June 30, 2010*

	PERCENT OF
INDUSTRY**	NET ASSETS
Food Products		35.1	%
Food & Staples Retailing		24.0
Beverages		18.8
Tobacco		10.8
Personal Products		6.4
Household Products		4.6
Short Term Investments		0.0	***
Other Assets & Liabilities		0.3
TOTAL		100.0	%

*	The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time.
**	Each security is valued based on Level 1 inputs. (See accompanying Notes to Schedules of Investments)
***	Amount represents less than 0.05% of net assets.

97

SPDR S&P International Energy Sector ETF
SCHEDULE OF INVESTMENTS

June 30, 2010 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS — 99.1%
AUSTRALIA — 5.9%
Origin Energy, Ltd.		9,656	$	121,850
Santos, Ltd.		10,040		106,852
Woodside Petroleum, Ltd.		5,915		209,037
WorleyParsons, Ltd.		2,865		53,746
				491,485
AUSTRIA — 0.7%
OMV AG		1,864		56,487
CANADA — 30.1%
Bonavista Energy Trust		2,804		60,189
Cameco Corp.		4,204		89,567
Canadian Natural Resources, Ltd.		8,550		284,263
Canadian Oil Sands Trust		2,739		69,567
Cenovus Energy, Inc.		7,343		189,336
Crescent Point Energy Corp.		1,776		62,105
Enbridge, Inc.		3,672		171,324
EnCana Corp.		7,343		222,781
Enerplus Resources Fund		2,337		50,340
Husky Energy, Inc.		3,270		77,669
Imperial Oil, Ltd.		3,270		119,334
Nexen, Inc.		5,606		110,469
Niko Resources, Ltd.		934		87,023
Pacific Rubiales Energy Corp. (a)		1,800		40,416
Penn West Energy Trust		2,804		53,332
Provident Energy Trust		9,346		64,116
Suncor Energy, Inc.		12,374		364,821
Talisman Energy, Inc.		8,013		121,404
TransCanada Corp.		6,178		207,028
Vermilion Energy Trust		2,337		74,048
				2,519,132
FRANCE — 12.0%
Bourbon SA		1,107		44,998
Compagnie Generale de Geophysique-Veritas (a)		1,972		35,629
Technip SA		1,402		81,744
Total SA		18,559		840,322
				1,002,693
HONG KONG — 0.2%
Mongolia Energy Co., Ltd. (a)		48,000		16,951
ITALY — 6.4%
Eni SpA		21,981		408,984
Saipem SpA		2,912		89,993
Saras SpA (a)		17,722		37,207
				536,184
JAPAN — 2.5%
Inpex Holdings, Inc.		9		50,548
JX Holdings, Inc. (a)		31,397		155,051
				205,599
LUXEMBOURG — 1.2%
Acergy SA		2,307		34,695
Tenaris SA		3,728		65,345
				100,040
NETHERLANDS — 0.5%
SBM Offshore NV		2,888		41,760
NORWAY — 3.6%
Aker Solutions ASA		4,887		56,549
StatoilHydro ASA		12,753		247,877
				304,426
PAPUA NEW GUINEA — 0.9%
Oil Search, Ltd.		15,572		72,735
PORTUGAL — 0.9%
Galp Energia SGPS SA (Class B)		5,132		77,320
SPAIN — 2.2%
Repsol YPF SA		8,845		180,553
UNITED KINGDOM — 32.0%
AMEC PLC		5,765		71,243
BG Group PLC		27,238		409,952
BP PLC		148,383		707,944
Cairn Energy PLC (a)		15,198		94,339
Ensco PLC, ADR		1,148		45,093
Royal Dutch Shell PLC (Class A)		28,562		726,864
Royal Dutch Shell PLC (Class B)		19,473		475,168
Tullow Oil PLC		9,456		141,896
				2,672,499
TOTAL COMMON STOCKS —
(Cost $11,323,326)				8,277,864
SHORT TERM INVESTMENT — 0.5%
UNITED STATES — 0.5%
MONEY MARKET FUND — 0.5%
State Street Institutional Liquid Reserves Fund (b) (Cost $39,272)		39,272		39,272
TOTAL INVESTMENTS — 99.6%
(Cost $11,362,598)				8,317,136
OTHER ASSETS AND LIABILITIES — 0.4%				35,099
NET ASSETS — 100.0%			$	8,352,235

(a)	Non-income producing security.
(b)	Affiliated Fund managed by SSgA Funds Management, Inc. (See accompanying Notes to Schedules of Investments)

98

SPDR S&P International Energy Sector ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

INDUSTRY BREAKDOWN AS OF June 30, 2010*

	PERCENT OF
INDUSTRY**	NET ASSETS
Oil, Gas & Consumable Fuels		91.7	%
Energy Equipment & Services		7.4
Short Term Investments		0.5
Other Assets & Liabilities		0.4
TOTAL		100.0	%

*	The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time.
**	Each security is valued based on Level 1 inputs. (See accompanying Notes to Schedules of Investments)

99

SPDR S&P International Financial Sector ETF
SCHEDULE OF INVESTMENTS

June 30, 2010 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS — 99.3%
AUSTRALIA — 12.2%
ASX, Ltd.		1,975	$	48,645
Australia & New Zealand Banking Group, Ltd.		9,392		171,431
Commonwealth Bank of Australia		5,885		241,778
Commonwealth Property Office Fund		98		77
Macquarie Group, Ltd.		1,605		50,322
National Australia Bank, Ltd.		8,058		158,448
QBE Insurance Group, Ltd.		4,624		71,083
Stockland		21,849		68,652
Westfield Group		11,455		117,847
Westpac Banking Corp.		11,581		207,670
				1,135,953
AUSTRIA — 0.8%
Erste Group Bank AG		1,248		40,288
Sparkassen Immobilien AG (a)		6,164		36,785
				77,073
BELGIUM — 0.5%
Ageas		9,975		22,616
Dexia SA (a)		5,739		20,309
				42,925
BERMUDA — 0.5%
Lancashire Holdings, Ltd.		6,300		46,967
CANADA — 13.1%
Bank of Montreal		2,340		127,146
Bank of Nova Scotia		3,922		181,033
Brookfield Asset Management, Inc. (Class A)		3,637		82,382
Canadian Imperial Bank of Commerce		1,525		94,917
IGM Financial, Inc.		1,663		58,091
Manulife Financial Corp.		6,618		96,220
National Bank of Canada		1,109		56,825
Royal Bank of Canada		4,980		237,600
Sun Life Financial, Inc.		2,902		76,356
Toronto-Dominion Bank		3,302		214,343
				1,224,913
DENMARK — 1.0%
Danske Bank A/S (a)		3,046		59,153
Sydbank A/S (a)		1,653		33,923
				93,076
FINLAND — 1.0%
Pohjola Bank PLC		6,135		63,011
Technopolis Oyj		8,025		31,161
				94,172
FRANCE — 5.4%
AXA SA		6,821		106,485
BNP Paribas		3,740		205,097
Credit Agricole SA		3,845		40,669
Societe Generale		2,225		93,481
Unibail-Rodamco SE		335		55,294
				501,026
GERMANY — 5.6%
Allianz SE		1,729		173,346
Commerzbank AG (a)		2,878		20,358
Deutsche Bank AG		2,043		116,865
Deutsche Beteiligungs AG		2,320		52,985
Deutsche Boerse AG		848		52,019
Muenchener Rueckversicherungs- Gesellschaft AG		810		102,541
				518,114
HONG KONG — 5.7%
Bank of East Asia, Ltd.		19,666		71,596
Cheung Kong Holdings, Ltd.		10,000		116,089
Hang Lung Properties, Ltd.		12,000		46,461
Hong Kong Exchanges and Clearing, Ltd.		3,400		53,529
New World Development Co., Ltd.		31,944		52,425
Sun Hung Kai Properties, Ltd.		10,072		138,913
Wharf Holdings, Ltd.		11,000		53,890
				532,903
IRELAND — 0.7%
Willis Group Holdings PLC		2,216		66,591
ITALY — 4.8%
Assicurazioni Generali SpA		4,646		82,120
Banca Monte dei Paschi di Siena SpA (a)		29,890		34,233
Banca Popolare dell’Etruria e del Lazio Scrl (a)		8,802		35,471
Banco Popolare Societa Cooperativa Scarl		4,982		27,766
Intesa Sanpaolo SpA		35,726		95,617
UBI Banca ScpA		4,584		39,866
UniCredit SpA		56,930		128,240
				443,313
JAPAN — 12.0%
Chuo Mitsui Trust Holdings, Inc.		11,000		39,281
Daiwa House Industry Co., Ltd.		8,000		72,777
Daiwa Securities Group, Inc.		10,000		42,717
Mitsubishi Estate Co., Ltd.		8,990		126,687
Mitsubishi UFJ Financial Group, Inc.		36,800		168,426
Mizuho Financial Group, Inc.		46,500		77,246
MS&AD Insurance Group Holdings, Inc.		2,300		49,878
NKSJ Holdings, Inc. (a)		9,000		53,803
Nomura Holdings, Inc.		12,900		71,286
ORIX Corp.		550		40,400
Resona Holdings, Inc.		4,200		51,782
Sumitomo Mitsui Financial Group, Inc.		3,300		94,648
T&D Holdings, Inc.		1,550		33,613
The Sumitomo Trust & Banking Co., Ltd.		11,000		56,809
Tokai Tokyo Financial Holdings, Inc.		12,000		47,734
Tokio Marine Holdings, Inc.		3,400		90,369
				1,117,456
NETHERLANDS — 1.1%
Aegon NV (a)		5,862		31,809
ING Groep NV (a)		9,841		74,447
				106,256
NEW ZEALAND — 0.7%
AMP NZ Office Trust		125,627		61,335
NORWAY — 0.7%
Sparebanken Rogaland		9,483		67,224
PORTUGAL — 0.2%
Banif SGPS SA		18,622		18,704

100

SPDR S&P International Financial Sector ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
SINGAPORE — 4.0%
CapitaLand, Ltd.		12,000	$	30,943
Hong Leong Finance, Ltd.		39,000		83,805
Oversea-Chinese Banking Corp., Ltd.		20,794		132,113
United Overseas Bank, Ltd.		9,210		129,432
				376,293
SPAIN — 7.0%
Banco Bilbao Vizcaya Argentaria SA		15,573		164,277
Banco de Sabadell SA		9,685		44,131
Banco Guipuzcoano SA		6,008		33,043
Banco Popular Espanol SA		7,107		36,623
Banco Santander SA		28,821		308,547
Bolsas y Mercados Espanoles		1,096		24,044
Realia Business SA (a)		10,599		19,020
Reyal Urbis SA (a)		8,561		22,021
				651,706
SWEDEN — 2.2%
Nordea Bank AB		11,289		94,148
Skandinaviska Enskilda Banken AB (Class A)		8,868		47,633
Svenska Handelsbanken AB (Class A)		2,496		61,646
				203,427
SWITZERLAND — 5.8%
Credit Suisse Group AG (a)		3,819		144,919
GAM Holding, Ltd. (a)		1,374		14,971
Julius Baer Group, Ltd.		1,140		32,730
Swiss Life Holding AG (a)		9		868
Swiss Reinsurance Co., Ltd.		1,604		66,504
UBS AG (a)		11,295		151,459
Zurich Financial Services AG		564		125,264
				536,715
UNITED KINGDOM — 14.3%
Aviva PLC		11,744		55,188
Barclays PLC		30,195		122,220
British Land Co. PLC		6,010		39,167
HSBC Holdings PLC		60,534		557,155
Land Securities Group PLC		4,998		41,762
Lloyds Banking Group PLC (a)		126,609		101,718
Man Group PLC		9,407		31,427
Provident Financial PLC		3,290		41,346
Prudential PLC		10,875		82,734
Royal Bank of Scotland Group PLC (a)		66,357		41,130
RSA Insurance Group PLC		25,770		46,111
Standard Chartered PLC		5,754		141,267
Standard Life PLC		13,300		34,722
				1,335,947
TOTAL COMMON STOCKS —
(Cost $11,421,341)				9,252,089
WARRANTS — 0.0% (b)
ITALY — 0.0% (b)
UBI Banca ScpA (expiring 6/30/11) (a) (Cost $0)		1,679		34
SHORT TERM INVESTMENT — 0.0% (b)
UNITED STATES — 0.0% (b)
MONEY MARKET FUND — 0.0% (b)
State Street Institutional Liquid Reserves Fund (c) (Cost $603)		603		603
TOTAL INVESTMENTS — 99.3%
(Cost $11,421,944)				9,252,726
OTHER ASSETS AND LIABILITIES — 0.7%				67,989
NET ASSETS — 100.0%			$	9,320,715

(a)	Non-income producing security.
(b)	Amount shown represents less than 0.05% of net assets.
(c)	Affiliated Fund managed by SSgA Funds Management, Inc. (See accompanying Notes to Schedules of Investments)

101

SPDR S&P International Financial Sector ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

INDUSTRY BREAKDOWN AS OF June 30, 2010*

	PERCENT OF
INDUSTRY**	NET ASSETS
Commercial Banks		56.1	%
Insurance		16.3
Real Estate Management & Development		8.9
Capital Markets		8.7
Real Estate Investment Trusts		4.1
Diversified Financial Services		3.4
Consumer Finance		1.8
Short Term Investments		0.0	***
Other Assets & Liabilities		0.7
TOTAL		100.0	%

*	The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time.
**	Each security is valued based on Level 1 inputs. (See accompanying Notes to Schedules of Investments)
***	Amount shown represents less than 0.05% of net assets.

102

SPDR S&P International Health Care Sector ETF
SCHEDULE OF INVESTMENTS

June 30, 2010 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS — 99.2%
AUSTRALIA — 4.0%
Cochlear, Ltd.		550	$	34,526
CSL, Ltd.		5,960		164,011
Primary Health Care, Ltd.		4,681		14,076
Sonic Healthcare, Ltd.		5,958		52,488
				265,101
BELGIUM — 0.9%
UCB SA		1,831		57,943
CANADA — 0.3%
MDS, Inc. (a)		2,091		17,670
DENMARK — 8.1%
Coloplast A/S (Class B)		668		66,621
Genmab A/S (a)		348		2,486
H. Lundbeck A/S		1,278		17,506
Novo-Nordisk A/S (Class B)		5,222		424,279
William Demant Holding (a)		390		28,698
				539,590
FINLAND — 0.6%
Orion Oyj (Class A)		1,150		21,482
Orion Oyj (Class B)		1,125		21,166
				42,648
FRANCE — 9.3%
bioMerieux		348		36,002
Essilor International SA		2,777		166,608
Ipsen SA		655		20,058
Orpea		1,061		40,242
Sanofi-Aventis		5,849		354,855
				617,765
GERMANY — 10.1%
Bayer AG		4,844		272,937
Celesio AG		1,546		34,002
Fresenius Medical Care AG & Co. KGaA		2,684		145,724
Fresenius SE		407		27,135
Fresenius SE Preferenece Shares		1,218		80,937
Merck KGaA		737		54,156
Rhoen-Klinikum AG		1,143		25,593
Stada Arzneimittel AG		866		28,970
				669,454
IRELAND — 0.3%
Elan Corp. PLC (a)		4,190		19,195
ITALY — 0.4%
Recordati SpA		3,270		23,091
JAPAN — 18.7%
Alfresa Holdings Corp.		300		14,544
Astellas Pharma, Inc.		4,300		145,293
Chugai Pharmaceutical Co., Ltd.		2,625		46,988
Daiichi Sankyo Co., Ltd.		6,400		114,996
Dainippon Sumitomo Pharma Co., Ltd.		1,300		10,019
Eisai Co., Ltd.		3,000		100,181
Hisamitsu Pharmaceutical Co., Inc.		800		31,913
Kyowa Hakko Kirin Co., Ltd.		3,422		32,716
MEDIPAL HOLDINGS Corp.		2,000		23,912
Mitsubishi Tanabe Pharma Corp.		3,000		45,904
Olympus Corp.		2,500		59,894
Ono Pharmaceutical Co., Ltd.		1,500		61,024
Shionogi & Co., Ltd.		3,800		79,143
Suzuken Co., Ltd.		900		30,268
Taisho Pharmaceutical Co., Ltd.		3,000		59,397
Takeda Pharmaceutical Co., Ltd.		7,000		302,181
Terumo Corp.		1,800		87,061
				1,245,434
NETHERLANDS — 1.2%
Mediq NV		1,442		26,539
QIAGEN NV (a)		2,695		52,817
				79,356
NEW ZEALAND — 0.4%
Fisher & Paykel Healthcare Corp., Ltd.		13,551		29,073
SINGAPORE — 0.8%
Parkway Holdings, Ltd.		20,000		51,143
SPAIN — 0.4%
Faes Farma SA		2,482		8,588
Faes Farma SA (a)		119		404
Grifols SA		1,981		20,473
				29,465
SWEDEN — 1.6%
Elekta AB (Class B)		922		23,506
Getinge AB (Class B)		3,601		70,197
Meda AB (Class A)		2,046		14,947
				108,650
SWITZERLAND — 23.8%
Acino Holding AG		84		8,078
Actelion, Ltd. (a)		1,342		50,402
Bachem Holding AG (Class B)		623		37,293
Basilea Pharmaceutica AG (a)		150		8,374
Galenica AG		98		38,078
Lonza Group AG		620		41,540
Nobel Biocare Holding AG		2,174		37,700
Novartis AG		10,897		531,536
Roche Holding AG (b)		286		41,693
Roche Holding AG (b)		3,606		498,590
Sonova Holding AG		910		112,321
Straumann Holding AG		145		31,505
Synthes, Inc.		1,006		116,147
Tecan Group AG		392		25,010
				1,578,267
UNITED KINGDOM — 18.3%
AstraZeneca PLC		8,777		416,130
Consort Medical PLC		1,745		9,934
GlaxoSmithKline PLC		27,177		464,738
Hikma Pharmaceuticals PLC		2,695		28,768
Shire PLC		7,112		146,197
Smith & Nephew PLC		10,006		95,134

103

SPDR S&P International Health Care Sector ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
SSL International PLC		4,691	$	56,847
				1,217,748
TOTAL COMMON STOCKS —
(Cost $7,518,329)				6,591,593
SHORT TERM INVESTMENT — 0.0% (c)
UNITED STATES — 0.0% (c)
MONEY MARKET FUND — 0.0% (c)
State Street Institutional Liquid Reserves Fund (d) (Cost $100)		100		100
TOTAL INVESTMENTS — 99.2%
(Cost $7,518,429)				6,591,693
OTHER ASSETS AND LIABILITIES — 0.8%				53,270
NET ASSETS — 100.0%			$	6,644,963

(a)	Non-income producing security.
(b)	Reflects separate holdings of the issuer’s common stock traded on different securities exchanges.
(c)	Amount shown represents less than 0.05% of net assets.
(d)	Affiliated Fund managed by SSgA Funds Management, Inc. (See accompanying Notes to Schedules of Investments)

104

SPDR S&P International Health Care Sector ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

INDUSTRY BREAKDOWN AS OF June 30, 2010*

	PERCENT OF
INDUSTRY**	NET ASSETS
Pharmaceuticals		67.8	%
Health Care Equipment & Supplies		18.0
Health Care Providers & Services		7.5
Biotechnology		4.5
Life Sciences Tools & Services		0.8
Chemicals		0.6
Short Term Investments		0.0	***
Other Assets & Liabilities		0.8
TOTAL		100.0	%

*	The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time.
**	Each security is valued based on Level 1 inputs. (See accompanying Notes to Schedules of Investments)
***	Amount represents less than 0.05% of net assets.

105

SPDR S&P International Industrial Sector ETF
SCHEDULE OF INVESTMENTS

June 30, 2010 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS — 98.7%
AUSTRALIA — 4.0%
Boom Logistics, Ltd. (a)		57,916	$	18,834
Bradken, Ltd.		5,875		35,729
Brambles, Ltd.		12,318		56,808
GWA International, Ltd.		30,692		78,031
Intoll Group		36,880		32,397
Leighton Holdings, Ltd.		1,066		26,066
Macquarie Atlas Roads Group (a)		4,777		3,833
Toll Holdings, Ltd.		9,155		42,375
Transurban Group		16,082		57,595
				351,668
AUSTRIA — 1.1%
Andritz AG		925		52,120
Zumtobel AG (a)		2,755		46,755
				98,875
BELGIUM — 0.9%
Bekaert NV		475		79,914
CANADA — 5.1%
Bombardier, Inc.		10,135		46,161
CAE, Inc.		4,665		40,520
Canadian National Railway Co.		3,132		179,818
Canadian Pacific Railway, Ltd.		1,321		70,932
SNC-Lavalin Group, Inc.		1,470		58,944
Toromont Industries, Ltd.		2,654		57,318
				453,693
DENMARK — 2.2%
A P Moller — Maersk A/S		9		71,717
FLSmidth & Co. A/S		561		36,577
NKT Holding A/S		726		32,675
Vestas Wind Systems A/S (a)		1,146		48,110
				189,079
FINLAND — 2.3%
Kone Oyj (Class B)		2,060		82,663
Metso Oyj		1,320		42,879
Wartsila Oyj		927		42,547
YIT Oyj		1,919		34,742
				202,831
FRANCE — 7.1%
Air France-KLM (a)		2,786		33,525
Alstom SA		1,277		58,626
Bouygues SA		1,959		76,606
Cie de Saint-Gobain		2,196		83,104
Eiffage SA		655		28,707
Schneider Electric SA		1,466		150,193
Vallourec SA		357		62,423
Vinci SA		3,192		134,265
				627,449
GERMANY — 9.2%
Deutsche Lufthansa AG (a)		3,282		45,789
Deutsche Post AG		5,099		75,012
GEA Group AG		1,785		35,891
Hochtief AG		569		34,284
Kloeckner & Co. SE (a)		1,296		23,082
MAN SE		728		60,593
Pfeiffer Vacuum Technology AG		627		46,687
Q-Cells SE (a)		337		2,179
SGL Carbon AG (a)		775		22,451
Siemens AG		5,089		461,405
Solarworld AG		701		7,865
				815,238
HONG KONG — 1.5%
Hopewell Highway Infrastructure, Ltd.		98,000		68,965
Hutchison Whampoa, Ltd.		10,000		62,025
				130,990
IRELAND — 0.7%
DCC PLC		2,665		60,586
ITALY — 2.0%
Ansaldo STS SpA		5,583		90,475
Autostrada Torino-Milano SpA		4,075		49,965
Finmeccanica SpA		3,046		31,863
				172,303
JAPAN — 28.9%
Asahi Glass Co., Ltd.		8,000		76,212
Central Japan Railway Co.		10		82,947
Daikin Industries, Ltd.		1,700		52,581
East Japan Railway Co.		2,100		140,728
Fanuc, Ltd.		1,400		160,425
Futaba Corp.		4,700		79,245
Hankyu Hanshin Holdings, Inc.		15,000		66,448
IHI Corp.		24,000		38,784
ITOCHU Corp.		9,400		74,890
Iwatani Corp.		30,000		83,399
Kajima Corp.		15,000		34,411
Kamigumi Co., Ltd.		14,000		108,216
Kawasaki Heavy Industries, Ltd.		23,000		56,402
Kawasaki Kisen Kaisha, Ltd. (a)		7,000		28,952
Kokuyo Co., Ltd.		7,800		64,611
Komatsu, Ltd.		5,500		100,565
Kubota Corp.		9,000		69,974
Marubeni Corp.		8,000		41,677
MEITEC Corp.		3,200		58,221
MISUMI Group, Inc.		4,000		74,675
Mitsubishi Corp.		8,300		174,836
Mitsubishi Electric Corp.		10,000		79,105
Mitsubishi Heavy Industries, Ltd.		24,000		83,806
Mitsui & Co., Ltd.		9,800		116,727
Mitsui OSK Lines, Ltd.		8,000		53,701
Nippon Sheet Glass Co., Ltd.		9,000		22,375
Nippon Yusen KK		8,000		29,563
Secom Co., Ltd.		2,000		89,389
Sojitz Corp.		12,300		19,460
Sumitomo Corp.		7,900		80,080
Sumitomo Electric Industries, Ltd.		5,700		67,441
Sumitomo Heavy Industries, Ltd.		8,000		47,644
THK Co., Ltd.		3,000		63,092
Tokyu Corp.		14,000		57,272
Yamato Holdings Co., Ltd.		5,800		77,539
				2,555,393
NETHERLANDS — 4.9%
Aalberts Industries NV		3,057		40,010

106

SPDR S&P International Industrial Sector ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
European Aeronautic Defence and Space Co. NV (a)		3,790	$	78,317
Koninklijke BAM Groep NV		2,895		13,518
Koninklijke Philips Electronics NV		5,684		172,109
Randstad Holding NV (a)		1,379		54,787
TNT NV		3,038		77,327
				436,068
NORWAY — 0.6%
Orkla ASA		7,236		46,666
Renewable Energy Corp. ASA (a)		1,520		3,649
				50,315
SINGAPORE — 3.9%
Fraser and Neave, Ltd.		23,000		84,843
Haw Par Corp., Ltd.		24,000		98,675
Jardine Matheson Holdings, Ltd.		1,984		69,718
K-Green Trust (a)		1,800		1,354
Keppel Corp., Ltd.		9,000		54,860
Neptune Orient Lines, Ltd. (a)(b)		21,750		31,158
				340,608
SPAIN — 2.0%
Abertis Infraestructuras SA		4,320		62,652
ACS, Actividades de Construccion y Servicios SA		2,089		77,251
Ferrovial SA		2,540		16,645
Gamesa Corp. Tecnologica SA		1,539		13,381
Sacyr Vallehermoso SA (a)		1,839		9,242
				179,171
SWEDEN — 5.1%
Alfa Laval AB		3,693		48,500
Atlas Copco AB (Class B)		7,049		94,113
B&B Tools AB		2,370		29,389
Sandvik AB		6,440		79,527
Securitas AB (Class B)		5,019		45,856
Trelleborg AB (Class B)		9,043		54,616
Volvo AB ADR (Class A) (a)		9,496		101,586
				453,587
SWITZERLAND — 6.4%
ABB, Ltd. (a)		13,023		229,097
Adecco SA		1,276		61,235
Geberit AG		448		70,003
Kaba Holding AG		221		59,126
Kuehne & Nagel International AG		721		74,751
SGS SA		55		74,568
				568,780
UNITED KINGDOM — 10.8%
Aggreko PLC		3,803		80,509
Babcock International Group PLC		4,323		38,612
BAE Systems PLC		21,980		103,092
British Airways PLC (a)		11,493		33,702
Capita Group PLC		7,750		85,917
Charter International PLC		1,690		15,891
De La Rue PLC		3,041		43,108
Experian PLC		9,543		83,665
FirstGroup PLC		6,828		37,347
Intertek Group PLC		3,179		68,631
Invensys PLC		6,410		23,169
Rentokil Initial PLC (a)		27,923		45,076
Rolls-Royce Group PLC (a)		14,255		119,964
Serco Group PLC		8,409		73,974
Smiths Group PLC		4,434		71,113
Wolseley PLC (a)		1,643		32,914
				956,684
TOTAL COMMON STOCKS —
(Cost $10,376,009)				8,723,232
SHORT TERM INVESTMENTS — 0.3%
UNITED STATES — 0.3%
MONEY MARKET FUNDS — 0.3%
State Street Navigator Securities Lending Prime Portfolio (c)(d)		16,313		16,313
State Street Institutional Liquid Reserves Fund (c)		6,026		6,026
TOTAL SHORT TERM INVESTMENTS —
(Cost $22,339)				22,339
TOTAL INVESTMENTS — 99.0%
(Cost $10,398,348)				8,745,571
OTHER ASSETS AND LIABILITIES — 1.0%				92,473
NET ASSETS — 100.0%			$	8,838,044

(a)	Non-income producing security.
(b)	Security, or portion thereof, was on loan at June 30, 2010.
(c)	Affiliated Fund managed by SSgA Funds Management, Inc. (See accompanying Notes to Schedules of Investments)
(d)	Investments of cash collateral for securities loaned.

ADR = American Depositary Receipt

107

SPDR S&P International Industrial Sector ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

INDUSTRY BREAKDOWN AS OF June 30, 2010*

	PERCENT OF
INDUSTRY**	NET ASSETS
Machinery		18.3	%
Industrial Conglomerates		14.1
Electrical Equipment		9.9
Trading Companies & Distributors		8.7
Construction & Engineering		6.6
Road & Rail		6.4
Commercial Services & Supplies		6.1
Professional Services		5.5
Transportation Infrastructure		5.4
Building Products		5.0
Aerospace & Defense		4.8
Marine		3.3
Air Freight & Logistics		3.1
Airlines		1.3
Semiconductors & Semiconductor Equipment		0.2
Short Term Investments		0.3
Other Assets & Liabilities		1.0
TOTAL		100.0	%

*	The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time.
**	Each security is valued based on Level 1 inputs. (See accompanying Notes to Schedules of Investments)

108

SPDR S&P International Materials Sector ETF
SCHEDULE OF INVESTMENTS

June 30, 2010 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS — 99.9%
AUSTRALIA — 16.4%
Alumina, Ltd.		23,263	$	29,965
Amcor, Ltd.		1,726		9,301
BHP Billiton, Ltd.		36,136		1,149,164
BlueScope Steel, Ltd. (a)		15,789		28,006
Boral, Ltd.		19,819		80,688
Fortescue Metals Group, Ltd. (a)		18,798		65,416
Iluka Resources, Ltd. (a)		16,079		63,152
Incitec Pivot, Ltd.		16,686		38,476
Mineral Deposits, Ltd. (a)		10,230		8,122
Newcrest Mining, Ltd.		5,819		172,517
OneSteel, Ltd.		20,688		52,073
Orica, Ltd.		5,333		113,514
OZ Minerals, Ltd. (a)		49,308		39,982
Rio Tinto, Ltd.		4,430		249,429
Sims Metal Management, Ltd.		4,007		57,909
				2,157,714
AUSTRIA — 0.8%
RHI AG (a)		2,408		57,074
Voestalpine AG		1,926		53,341
				110,415
BELGIUM — 1.0%
Tessenderlo Chemie NV		2,325		59,521
Umicore		2,468		72,115
				131,636
CANADA — 17.9%
Agnico-Eagle Mines, Ltd.		2,007		121,971
Agrium, Inc.		2,013		98,505
Barrick Gold Corp.		10,000		454,712
ECU Silver Mining, Inc. (a)		5,177		3,021
Eldorado Gold Corp.		8,478		152,223
Equinox Minerals, Ltd. (a)		10,333		36,270
First Quantum Minerals, Ltd.		1,194		60,169
Gammon Gold, Inc. (a)		914		5,006
Gerdau Ameristeel Corp. (a)		4,349		47,392
Goldcorp, Inc.		8,238		361,336
HudBay Minerals, Inc. (a)		2,132		22,410
Inmet Mining Corp.		1,042		41,331
Ivanhoe Mines, Ltd. (a)		5,163		67,000
Kinross Gold Corp.		7,148		122,424
Lundin Mining Corp. (a)		6,415		18,171
Pan American Silver Corp.		2,075		52,273
Potash Corp. of Saskatchewan, Inc.		3,426		295,610
Quadra FNX Mining, Ltd. (a)		2,859		26,339
Sherritt International Corp.		7,323		39,418
Silver Wheaton Corp. (a)		2,407		48,314
Sino-Forest Corp. (a)		1,968		28,020
Teck Resources, Ltd. (Class B)		5,774		171,049
Thompson Creek Metals Co., Inc. (a)		1,347		11,713
Yamana Gold, Inc.		7,449		76,547
				2,361,224
DENMARK — 1.0%
Novozymes A/S		1,268		136,259
FINLAND — 2.0%
Rautaruukki Oyj		2,736		40,283
Stora Enso Oyj		12,913		94,507
UPM-Kymmene Oyj		9,119		121,975
				256,765
FRANCE — 3.4%
Air Liquide SA		3,212		328,363
Eramet		44		11,041
Lafarge SA		1,971		108,824
				448,228
GERMANY — 7.6%
BASF SE		8,420		465,249
K+S AG		1,980		91,871
Lanxess AG		2,233		95,226
Linde AG		1,670		176,963
Salzgitter AG		770		46,206
ThyssenKrupp AG		5,252		130,915
				1,006,430
HONG KONG — 0.8%
AMVIG Holdings, Ltd.		20,000		10,556
China Grand Forestry Green Resources Group, Ltd. (a)		168,000		5,350
China Mining Resources Group, Ltd. (a)		120,000		3,067
China Rare Earth Holdings, Ltd. (a)		112,000		25,601
Fushan International Energy Group, Ltd.		80,000		45,614
Sino Union Energy Investment Group Ltd. (a)		100,000		8,732
				98,920
IRELAND — 1.1%
CRH PLC		6,841		143,625
ITALY — 0.3%
Buzzi Unicem SpA		4,045		41,025
JAPAN — 15.9%
Asahi Kasei Corp.		23,967		126,484
Denki Kagaku Kogyo Kabushiki Kaisha		27,949		131,707
JFE Holdings, Inc.		6,790		213,315
JSR Corp.		4,700		79,989
Kobe Steel, Ltd.		56,916		109,986
Mitsubishi Chemical Holdings Corp.		17,000		78,574
Mitsubishi Materials Corp. (a)		24,000		64,821
Mitsui Chemicals, Inc.		20,000		56,730
Mitsui Mining & Smelting Co., Ltd.		19,933		53,386
Nippon Steel Corp.		68,900		230,471
Nitto Denko Corp.		3,195		106,115
Shin-Etsu Chemical Co., Ltd.		4,493		211,982
Sumitomo Chemical Co., Ltd.		21,967		86,140
Sumitomo Metal Industries, Ltd.		48,933		112,254
Sumitomo Metal Mining Co., Ltd.		9,984		126,365
Taiheiyo Cement Corp. (a)		43,000		54,910
Teijin, Ltd.		30,949		93,032
Toray Industries, Inc.		21,967		106,248
Ube Industries, Ltd.		24,000		57,498
				2,100,007
LUXEMBOURG — 1.8%
ArcelorMittal		8,680		237,681
NETHERLANDS — 2.2%
Akzo Nobel NV		3,241		170,726

109

SPDR S&P International Materials Sector ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
Koninklijke DSM NV		2,881	$	115,925
				286,651
NORWAY — 0.7%
Norsk Hydro ASA		7,546		34,521
Yara International ASA		2,241		63,751
				98,272
PAPUA NEW GUINEA — 0.9%
Lihir Gold, Ltd.		33,702		122,690
PORTUGAL — 0.6%
Semapa-Sociedade de Investimento e Gestao, SGPS, SA		8,080		72,754
SINGAPORE — 0.1%
Jiutian Chemical Group, Ltd. (a)		191,000		8,893
SOUTH KOREA — 2.1%
POSCO ADR		2,944		277,678
SPAIN — 0.3%
Cementos Portland Valderrivas SA		2,042		32,691
SWEDEN — 1.4%
Boliden AB		8,730		97,879
SSAB AB (Series A)		5,986		81,382
				179,261
SWITZERLAND — 6.2%
Givaudan SA		163		139,291
Holcim, Ltd.		2,507		169,365
Syngenta AG		1,184		275,152
Xstrata PLC		17,518		232,419
				816,227
UNITED KINGDOM — 15.4%
Anglo American PLC (a)		14,264		501,605
Antofagasta PLC		6,741		79,320
BHP Billiton PLC		23,293		611,420
Lonmin PLC (a)		2,665		56,258
Randgold Resources, Ltd.		1,448		139,188
Rio Tinto PLC		13,526		600,713
Vedanta Resources PLC		1,437		45,685
				2,034,189
TOTAL COMMON STOCKS —
(Cost $16,081,834)				13,159,235
RIGHTS — 0.0% (b)
NORWAY — 0.0% (b)
Norsk Hydro ASA (expiring 07/09/10) (a) (Cost $0)		2,296		1,186
SHORT TERM INVESTMENT — 0.0% (b)
UNITED STATES — 0.0% (b)
MONEY MARKET FUND — 0.0% (b)
State Street Institutional Liquid Reserves Fund (c) (Cost $2,412)		2,412		2,412
TOTAL INVESTMENTS — 99.9%
(Cost $16,084,246)				13,162,833
OTHER ASSETS AND LIABILITIES — 0.1%				19,646
NET ASSETS — 100.0%			$	13,182,479

(a)	Non-income producing security.
(b)	Amount shown represents less than 0.05% of net assets.
(c)	Affiliated Fund managed by SSgA Funds Management, Inc. (See accompanying Notes to Schedules of Investments)

110

SPDR S&P International Materials Sector ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

INDUSTRY BREAKDOWN AS OF June 30, 2010*

	PERCENT OF
INDUSTRY**	NET ASSETS
Metals & Mining		62.6	%
Chemicals		29.5
Construction Materials		5.2
Paper & Forest Products		2.4
Containers & Packaging		0.2
Short Term Investments		0.0	***
Other Assets & Liabilities		0.1
TOTAL		100.0	%

*	The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time.
**	Each security is valued based on Level 1 inputs. (See accompanying Notes to Schedules of Investments)
***	Amount shown represents less than 0.05% of net assets.

111

SPDR S&P International Technology Sector ETF
SCHEDULE OF INVESTMENTS

June 30, 2010 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS — 99.6%
AUSTRALIA — 1.0%
Computershare, Ltd.		16,264	$	145,754
Iress Market Technology, Ltd.		8,097		59,432
				205,186
BELGIUM — 0.4%
Barco NV (a)		1,810		81,455
CANADA — 4.8%
CGI Group, Inc. (Class A) (a)		9,568		142,622
MacDonald, Dettwiler & Associates, Ltd. (a)		2,273		93,645
Open Text Corp. (a)		2,100		79,047
Research In Motion, Ltd. (a)		12,400		610,636
				925,950
DENMARK — 0.4%
SimCorp A/S		493		78,960
FINLAND — 5.0%
F-Secure Oyj		21,097		53,751
Nokia Oyj (a)		97,133		798,344
Tieto Oyj		4,658		77,596
Vaisala Oyj (Class A)		1,461		33,411
				963,102
FRANCE — 3.1%
Alcatel-Lucent (a)		79,280		206,068
Atos Origin SA (a)		1,701		69,112
Cap Gemini SA		4,187		186,145
Groupe Steria SCA		1,238		30,601
Neopost SA		1,041		75,882
UbiSoft Entertainment SA (a)		4,228		32,062
				599,870
GERMANY — 7.9%
Aixtron AG		3,800		91,836
Infineon Technologies AG (a)		30,567		180,393
SAP AG		23,132		1,039,306
Software AG		494		51,167
United Internet AG (a)		6,927		76,644
Wincor Nixdorf AG		1,549		87,440
				1,526,786
HONG KONG — 0.9%
ASM Pacific Technology, Ltd.		11,700		91,801
VTech Holdings, Ltd.		7,000		75,464
				167,265
JAPAN — 42.3%
Advantest Corp.		4,900		104,324
Alps Electric Co., Ltd. (a)		8,500		73,867
Brother Industries, Ltd.		8,300		87,324
Canon, Inc.		29,000		1,091,310
Citizen Holdings Co., Ltd.		10,200		63,282
CSK Holdings Corp. (a)		5,300		22,340
Dainippon Screen Manufacturing Co., Ltd. (a)		14,000		64,708
Elpida Memory, Inc. (a)		5,600		88,028
FUJIFILM Holdings Corp.		11,800		345,106
Fujitsu, Ltd.		49,000		310,645
Hirose Electric Co., Ltd.		1,300		120,025
Hitachi High-Technologies Corp.		3,600		66,760
Hitachi, Ltd. (a)		103,000		377,127
Horiba, Ltd.		3,200		86,356
Hoya Corp.		10,200		219,699
Ibiden Co., Ltd.		4,700		128,534
IT Holdings Corp.		4,700		56,247
Japan Digital Laboratory Co., Ltd.		4,000		44,480
Keyence Corp.		1,300		303,661
Konami Corp.		3,400		53,138
Konica Minolta Holdings, Inc.		15,000		146,288
Kyocera Corp.		3,600		295,355
Mitsumi Electric Co., Ltd.		4,700		81,210
Murata Manufacturing Co., Ltd.		4,800		231,891
NEC Corp.		66,000		173,782
Nintendo Co., Ltd.		2,700		803,989
Nippon Electric Glass Co., Ltd.		15,000		174,257
Nomura Research Institute, Ltd.		4,700		100,544
NTT Data Corp.		47		175,274
OBIC Co., Ltd.		530		102,957
Oki Electric Industry Co., Ltd. (a)		51,000		44,378
OMRON Corp.		6,400		141,322
Ricoh Co., Ltd.		15,000		193,412
Rohm Co., Ltd.		3,200		194,191
Seiko Epson Corp.		4,700		61,240
SUMCO Corp. (a)		4,900		82,451
Taiyo Yuden Co., Ltd.		4,000		54,696
TDK Corp.		3,400		188,846
Tokyo Electron, Ltd.		4,700		257,865
Toshiba Corp. (a)		95,000		477,738
Trend Micro, Inc.		2,800		76,352
Yahoo! Japan Corp.		442		178,069
Yamatake Corp.		3,200		75,181
Yaskawa Electric Corp.		15,000		112,725
Yokogawa Electric Corp.		11,500		72,387
				8,203,361
NETHERLANDS — 2.9%
ASM International NV (a)		2,688		53,306
ASML Holding NV		11,188		313,346
Gemalto NV		3,230		123,006
VistaPrint NV (a)		1,600		75,984
				565,642
SINGAPORE — 1.2%
Flextronics International, Ltd. (a)		23,995		134,372
Venture Corp., Ltd.		17,000		108,739
				243,111
SOUTH KOREA — 16.3%
LG Display Co., Ltd. ADR		21,830		351,463
Samsung Electronics Co., Ltd. GDR (a)		8,848		2,802,604
				3,154,067
SPAIN — 1.4%
Amadeus IT Holding SA (a)		11,000		175,161
Amper, SA		6,846		34,213
Indra Sistemas SA		3,968		64,060
				273,434

112

SPDR S&P International Technology Sector ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Security Description	Shares		Value
SWEDEN — 4.6%
Telefonaktiebolaget LM Ericsson (Class B)		79,328	$	889,407
SWITZERLAND — 1.7%
Logitech International SA (a)		5,207		71,271
STMicroelectronics NV		23,536		189,841
Temenos Group AG (a)		2,633		63,850
				324,962
UNITED KINGDOM — 5.7%
ARM Holdings PLC		56,567		234,848
Autonomy Corp. PLC (a)		6,576		180,730
Aveva Group PLC		3,211		54,285
Dimension Data Holdings PLC		95,220		134,623
Diploma PLC		26,936		91,882
Logica PLC		56,995		93,115
Misys PLC (a)		31,552		110,460
Spectris PLC		6,086		70,657
The Sage Group PLC		40,199		139,288
				1,109,888
TOTAL COMMON STOCKS —
(Cost $20,956,283)				19,312,446
SHORT TERM INVESTMENT — 0.1%
UNITED STATES — 0.1%
MONEY MARKET FUND — 0.1%
State Street Institutional Liquid Reserves Fund (b) (Cost $31,216)		31,216		31,216
TOTAL INVESTMENTS — 99.7%
(Cost $20,987,499)				19,343,662
OTHER ASSETS AND LIABILITIES — 0.3%				53,132
NET ASSETS — 100.0%			$	19,396,794

(a)	Non-income producing security.
(b)	Affiliated Fund managed by SSgA Funds Management, Inc. (See accompanying Notes to Schedules of Investments)

ADR = American Depositary Receipt

GDR = Global Depositary Receipt

113

SPDR S&P International Technology Sector ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

INDUSTRY BREAKDOWN AS OF June 30, 2010*

	PERCENT OF
INDUSTRY**	NET ASSETS
Semiconductors & Semiconductor Equipment		24.6	%
Electronic Equipment, Instruments & Components		21.3
Software		14.6
Communications Equipment		13.5
IT Services		8.4
Office Electronics		8.2
Computers & Peripherals		6.9
Internet Software & Services		2.1
Short Term Investments		0.1
Other Assets & Liabilities		0.3
TOTAL		100.0	%

*	The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time.
**	Each security is valued based on Level 1 inputs. (See accompanying Notes to Schedules of Investments)

114

SPDR S&P International Telecommunications Sector ETF
SCHEDULE OF INVESTMENTS

June 30, 2010 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS — 98.9%
AUSTRALIA — 1.4%
Telstra Corp., Ltd.		62,835	$	172,489
AUSTRIA — 0.9%
Telekom Austria AG		9,826		109,948
BELGIUM — 0.6%
Telenet Group Holding NV (a)		2,588		68,441
BELGIUM — 1.6%
Belgacom SA		4,716		149,412
Mobistar SA		891		47,623
				197,035
CANADA — 6.4%
BCE, Inc.		6,457		188,996
Bell Aliant Regional Communications Income Fund		1,649		39,462
Rogers Communications, Inc. (Class B)		10,888		356,691
TELUS Corp.		1,649		62,335
TELUS Corp. (non — voting)		3,844		139,153
				786,637
FINLAND — 0.6%
Elisa Oyj (a)		4,394		76,535
FRANCE — 5.9%
France Telecom SA		38,985		682,148
Iliad SA		536		41,888
				724,036
GERMANY — 5.4%
Deutsche Telekom AG		55,919		664,609
ITALY — 3.2%
Telecom Italia SpA (a)(b)		208,266		232,145
Telecom Italia SpA (b)		173,929		160,104
				392,249
JAPAN — 15.1%
KDDI Corp.		66		316,612
Nippon Telegraph & Telephone Corp.		12,300		505,955
NTT DoCoMo, Inc.		332		504,622
Softbank Corp.		19,500		522,483
				1,849,672
LUXEMBOURG — 2.0%
COLT Telecom Group SA (a)		18,084		35,443
Millicom International Cellular SA		2,507		203,242
				238,685
NETHERLANDS — 3.8%
Koninklijke (Royal) KPN NV		36,203		464,515
NEW ZEALAND — 0.3%
Telecom Corporation of New Zealand, Ltd.		28,330		36,819
NORWAY — 1.8%
Telenor ASA		16,773		213,172
PORTUGAL — 1.6%
Portugal Telecom, SGPS SA		19,636		196,747
SINGAPORE — 3.2%
Singapore Telecommunications, Ltd.		161,000		350,577
StarHub, Ltd.		22,000		35,613
				386,190
SOUTH KOREA — 2.5%
KT Corp. ADR (c)		7,806		149,641
SK Telecom Co., Ltd. ADR		10,717		157,861
				307,502
SPAIN — 13.0%
Telefonica SA		85,413		1,596,015
SWEDEN — 3.9%
Tele2 AB (Class B)		7,900		118,977
TeliaSonera AB		54,408		352,023
				471,000
SWITZERLAND — 1.7%
Swisscom AG		607		206,527
UNITED KINGDOM — 24.0%
BT Group PLC		182,584		355,386
Cable & Wireless Communications PLC		64,249		55,511
Cable & Wireless Worldwide PLC		64,249		83,243
Inmarsat PLC		12,285		131,322
Vodafone Group PLC		1,113,093		2,317,261
				2,942,723
TOTAL COMMON STOCKS —
(Cost $14,479,970)				12,101,546
SHORT TERM INVESTMENTS — 0.6%
UNITED STATES — 0.6%
MONEY MARKET FUNDS — 0.6%
State Street Navigator Securities Lending Prime Portfolio (d)(e)		76,108		76,108
State Street Institutional Liquid Reserves Fund (d)		705		705
TOTAL SHORT TERM INVESTMENTS —
(Cost $76,814)				76,813
TOTAL INVESTMENTS — 99.5%
(Cost $14,556,784)				12,178,359
OTHER ASSETS AND LIABILITIES — 0.5%				65,200
NET ASSETS — 100.0%			$	12,243,559

(a)	Non-income producing security.
(b)	Reflects separate holdings of the issuer’s common stock traded on different securities exchanges.
(c)	Represents security, or portion thereof, on loan as of June 30, 2010.
(d)	Affiliated Fund managed by SSgA Funds Management, Inc. (See accompanying Notes to Schedules of Investments)
(e)	Investments of cash collateral for securities loaned.

ADR = American Depositary Receipt

115

SPDR S&P International Telecommunications Sector ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

INDUSTRY BREAKDOWN AS OF June 30, 2010*

	PERCENT OF
INDUSTRY**	NET ASSETS
Diversified Telecommunication Services		62.4	%
Wireless Telecommunication Services		36.5
Short Term Investments		0.6
Other Assets & Liabilities		0.5
TOTAL		100.0	%

*	The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time.
**	Each security is valued based on Level 1 inputs. (See accompanying Notes to Schedules of Investments)

116

SPDR S&P International Utilities Sector ETF
SCHEDULE OF INVESTMENTS

June 30, 2010 (Unaudited)

Security Description	Shares		Value
COMMON STOCKS — 99.1%
AUSTRALIA — 2.8%
AGL Energy, Ltd.		9,376	$	116,416
APA Group		25,421		77,298
Envestra, Ltd.		86,051		35,615
				229,329
AUSTRIA — 0.5%
Oesterreichische Elektrizitaetswirtschafts Aktiengesellschaft (Verbundgesellschaft)		1,415		43,599
CANADA — 2.9%
ATCO, Ltd. (Class I)		1,661		74,465
Fortis, Inc.		3,641		93,128
TransAlta Corp.		4,112		76,308
				243,901
FINLAND — 1.8%
Fortum Oyj		6,692		148,202
FRANCE — 12.0%
EDF SA		4,042		155,611
GDF Suez		21,659		623,458
Sechilienne-Sidec SA		700		17,920
Suez Environnement SA		3,247		54,031
Veolia Environnement		6,076		144,050
				995,070
GERMANY — 14.9%
E.ON AG		28,546		775,546
RWE AG		7,068		465,086
				1,240,632
HONG KONG — 6.8%
CLP Holdings, Ltd.		26,500		192,102
Hong Kong & China Gas Co., Ltd.		88,100		218,803
HongKong Electric Holdings, Ltd.		26,500		158,071
				568,976
ITALY — 7.8%
A2A SpA		30,553		42,102
Enel SpA		98,476		420,975
Hera SpA		16,617		27,499
Snam Rete Gas SpA		16,424		65,936
Terna Rete Elettrica Nationale SpA		25,666		92,822
				649,334
JAPAN — 23.0%
Chubu Electric Power Co., Inc.		9,688		241,078
Electric Power Development Co., Ltd.		2,600		82,681
Hokuriku Electric Power Co.		3,394		74,638
Kyushu Electric Power Co., Inc.		7,092		159,488
Osaka Gas Co., Ltd.		35,958		130,032
Shikoku Electric Power Co., Inc.		1,800		51,585
The Chugoku Electric Power Co., Inc.		4,487		92,742
The Kansai Electric Power Co., Inc.		11,498		280,791
The Tokyo Electric Power Co., Inc.		17,099		465,880
Tohoku Electric Power Co., Inc.		7,872		169,467
Tokyo Gas Co., Ltd.		34,958		159,995
				1,908,377
NEW ZEALAND — 0.5%
Vector, Ltd.		26,902		39,958
PORTUGAL — 1.1%
EDP — Energias de Portugal SA		31,477		94,077
SOUTH KOREA — 1.2%
Korea Electric Power Corp. ADR (a)(b)		7,498		96,574
SPAIN — 8.3%
Acciona SA		465		35,764
EDP Renovaveis SA (b)		5,180		30,659
Enagas		4,577		69,463
Gas Natural SDG SA (a)		6,085		88,697
Iberdrola Renovables SA		13,663		43,044
Iberdrola SA		62,141		352,572
Red Electrica Corporacion SA		2,052		73,997
				694,196
SWITZERLAND — 0.3%
BKW FMB Energie AG		348		21,961
UNITED KINGDOM — 15.2%
Centrica PLC		80,625		357,888
Drax Group PLC		6,011		33,841
International Power PLC		24,242		108,914
National Grid PLC		42,501		312,206
Pennon Group PLC		6,926		57,302
Scottish & Southern Energy PLC		13,557		226,963
Severn Trent PLC		4,351		80,132
United Utilities Group PLC		10,964		86,199
				1,263,445
TOTAL COMMON STOCKS —
(Cost $10,923,982)				8,237,631
RIGHTS — 0.2%
SPAIN — 0.2%
Iberdrola SA (expired 06/28/10) (b)(c) (Cost $14,572)		62,141		13,561
SHORT TERM INVESTMENTS — 1.2%
UNITED STATES — 1.2%
MONEY MARKET FUNDS — 1.2%
State Street Navigator Securities Lending Prime Portfolio (d)(e)		90,751		90,751
State Street Institutional Liquid Reserves Fund (d)		11,813		11,813
TOTAL SHORT TERM INVESTMENTS —
(Cost $102,564)				102,564
TOTAL INVESTMENTS — 100.5%
(Cost $11,041,118)				8,353,756
OTHER ASSETS AND LIABILITIES — (0.5)%				(38,941	)
NET ASSETS — 100.0%			$	8,314,815

117

SPDR S&P International Utilities Sector ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

(a)	Security, or portion thereof, was on loan at June 30, 2010.
(b)	Non-income producing security.
(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. Security value is determined based on Level 2 inputs. (See accompanying Notes to Schedules of Investments)
(d)	Affiliated Fund managed by SSgA Funds Management, Inc. (See accompanying Notes to Schedules of Investments)
(e)	Investments of cash collateral for securities loaned.

118

SPDR S&P International Utilities Sector ETF
SCHEDULE OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

INDUSTRY BREAKDOWN AS OF June 30, 2010*

	PERCENT OF
INDUSTRY**	NET ASSETS
Electric Utilities		54.5	%
Multi-Utilities		28.2
Gas Utilities		10.2
Independent Power Producers & Energy Traders		4.7
Water Utilities		1.7
Short Term Investments		1.2
Other Assets & Liabilities		(0.5	)
TOTAL		100.0	%

*	The Fund’s industry breakdown is expressed as a percentage of net assets and may change over time.
**	Each security is valued based on Level 1 inputs except for Iberdrola SA, which was Level 2 and part of the Electric Utilities Industry, representing 0.16% of net assets. (See accompanying Notes to Schedules of Investments)

119

SPDR INDEX SHARES FUNDS
NOTES TO SCHEDULES OF INVESTMENTS

June 30, 2010 (Unaudited)

Security Valuation

The value of each Fund’s portfolio securities, including exchange-traded futures contracts, is generally based on the securities’ last sale price on local markets when available. Investments in open-end investment companies are valued at their net asset value each business day. 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 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. Fair value pricing involves subjective judgments and it is possible that the fair value determination for a security is materially different than the value that could be received on the sale of the security. Effective October 1, 2008, the Funds adopted the authoritative guidance for fair value measurements and the fair value option for financial assets and financial liabilities. The guidance for the fair value option for financial assets and financial liabilities provides funds the irrevocable option to measure many financial assets and liabilities at fair value with changes in fair value recognized in earnings. The guidance also establishes a hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available. The guidance establishes three levels of inputs that may be used to measure fair value:

•  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 delisted 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 respective benchmark index. The inputs or methodology used for valuation are not necessarily an indication of the risk associated with investing in those investments. The type of inputs used to value each security is identified in the Schedule of Investments, which also includes a breakdown of the Funds’ investments by industry.

The following table summarizes the inputs used in valuing the Funds’ investments as of June 30, 2010:

120

SPDR INDEX SHARES FUNDS
NOTES TO SCHEDULES OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

			Level 2 —			Level 3 —
	Level 1 —		Other Significant			Significant
	Quoted		Observable			Unobservable
Fund	Prices		Inputs			Inputs			Total
SPDR STOXX Europe 50 ETF	$	37,030,775	$	10,890		$	—		$	37,041,665
SPDR EURO STOXX 50 ETF		138,958,442		68,961			—			139,027,403
SPDR S&P Emerging Asia Pacific ETF		581,359,841		—			—			581,359,841
SPDR S&P Russia ETF		3,897,832		—			—			3,897,832
SPDR S&P China ETF		534,112,845		—			—	*		534,112,845
SPDR S&P Emerging Markets ETF		141,680,176		51,783			—			141,731,959
SPDR S&P BRIC 40 ETF		416,373,743		29,868			—			416,403,611
SPDR S&P Emerging Europe ETF		181,418,896		—			—			181,418,896
SPDR S&P Emerging Latin America ETF		127,738,718		4,643			—			127,743,361
SPDR S&P Emerging Middle East & Africa ETF		120,360,426		—			—			120,360,426
SPDR S&P World ex-US ETF		98,518,373		6,977			—	*		98,525,350
SPDR S&P International Small Cap ETF		586,872,382		—	**		—	*		586,872,382
SPDR Dow Jones International Real Estate ETF		1,081,713,225		—	**		—			1,081,713,225
SPDR FTSE/Macquarie Global Infrastructure 100 ETF		56,736,278		57,352			—			56,793,630
SPDR MSCI ACWI ex-US ETF		350,380,170		201,143			—			350,581,313
SPDR Russell/Nomura PRIME Japan ETF		15,862,751		—			—			15,862,751
SPDR Russell/Nomura Small Cap Japan ETF		77,034,813		—	**		—	*		77,034,813
SPDR S&P International Dividend ETF		202,492,301		25,613			—			202,517,914
SPDR S&P International Mid Cap ETF		29,408,505		—			—			29,408,505
SPDR S&P Emerging Markets Small Cap ETF		346,001,700		49,771			—			346,051,471
SPDR Dow Jones Global Real Estate ETF		143,448,611		—	**		—			143,448,611
SPDR S&P International Consumer Discretionary Sector ETF		7,914,974		—			—	*		7,914,974
SPDR S&P International Consumer Staples Sector ETF		7,835,386		—			—			7,835,386
SPDR S&P International Energy Sector ETF		8,317,136		—			—			8,317,136
SPDR S&P International Financial Sector ETF		9,252,726		—			—			9,252,726
SPDR S&P International Health Care Sector ETF		6,591,693		—			—			6,591,693
SPDR S&P International Industrial Sector ETF		8,745,571		—			—			8,745,571
SPDR S&P International Materials Sector ETF		13,162,833		—			—			13,162,833
SPDR S&P International Technology Sector ETF		19,343,662		—			—			19,343,662
SPDR S&P International Telecommunications Sector ETF		12,178,359		—			—			12,178,359
SPDR S&P International Utilities Sector ETF		8,340,195		13,561			—			8,353,756

*	Funds held Level 3 securities that were valued at $0 at June 30, 2010.
**	Funds held Level 2 securities that were valued at $0 at June 30, 2010.

121

SPDR INDEX SHARES FUNDS
NOTES TO SCHEDULES OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

The following table provides the reconciliation of investments in which significant unobservable inputs (Level 3) were used in determining fair value at June 30, 2010:

														Net Change in
														Unrealized
					Realized									Appreciation/
					Gain (Loss)									(Depreciation)
			Accrued		and Change									from
			Discounts		in Unrealized			Net		Net				Investments
	Balances at		(Amortized		Appreciation/			Purchases/		Transfers		Balance as of		Still Held at
SPDR Index Shares Funds — Level 3 Securities	9/30/09		Premiums)		(Depreciation)			(Sales)		in or out		6/30/10		6/30/10
SPDR S&P China ETF*	$	—	$	—	$	—		$	—	$	—	$	—	$	—
Food Products		—		—		—			—		—		—		—
SPDR S&P World ex-US ETF*		—		—		—			—		—		—		—
Commercial Banks		—		—		—			—		—		—		—
SPDR S&P International Small Cap ETF*		—		—		—			—		—		—		—
Capital Markets		—		—		—			—		—		—		—
Real Estate Investment Trusts		—		—		—			—		—		—		—
Textiles, Apparel & Luxury Goods		—		—		(97,592	)		—		97,592		—		(97,592	)
SPDR Russell/Nomura Small Cap Japan ETF*		—		—		—			—		—		—		—
Real Estate Management & Development		—		—		—			—		—		—		—
SPDR S&P International Consumer Discretionary Sector ETF*		—		—		—			—		—		—		—
Containers & Packing		—		—		—			—		—		—		—

* Funds held Level 3 securities that were valued at $0 at June 30, 2010.

The following is a summary of the fair valuations of the Fund’s derivative instruments categorized by risk exposure at June 30, 2010:

		Interest		Foreign
		Rate		Exchange		Credit		Equity			Commodity		Other
		Contracts		Contracts		Contracts		Contracts			Contracts		Contracts
		Risk		Risk		Risk		Risk			Risk		Risk		Total
SPDR S&P Emerging Markets ETF	Futures Contract	$	—	$	—	$	—	$	(188,843	)	$	—	$	—	$	(188,843	)

Transactions with Affiliates

Each Fund may invest in certain money market funds managed by State Street Global Advisors Funds Management, Inc. (the “SSgA FM” or “Adviser”), including the State Street Institutional Liquid Reserves Fund (“Liquid Reserves Fund”), a series of State Street Institutional Investment Trust. The Liquid Reserves Fund is a feeder fund in a master/feeder fund structure that invests substantially all of its assets in the State Street Master Funds (“Master

122

SPDR INDEX SHARES FUNDS
NOTES TO SCHEDULES OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

Portfolio”). The Liquid Reserves Fund does not pay an investment advisory fee to the Adviser, but the respective master portfolio in which it invests pays an investment advisory fee to the Adviser. The Liquid Reserves Fund intends to declare dividends on shares from net investment income daily and pay them as of the last business day of each month. Amounts relating to these investments at June 30, 2010 and the period then ended are:

	Value at		Purchased				Sold				Value at				Realized
Liquid Reserves	9/30/09		Cost		Shares		Proceeds		Shares		6/30/10		Income		Gain/(Loss)
SPDR STOXX Europe 50 ETF	$	—	$	1,437,910		1,437,910	$	1,434,219		1,434,219	$	3,691	$	43	$	—
SPDR EURO STOXX 50 ETF		—		5,455,737		5,455,737		5,434,781		5,434,781		20,956		249		—
SPDR S&P Emerging Asia Pacific ETF		—		31,017,728		31,017,728		30,578,608		30,578,608		439,120		651		—
SPDR S&P Russia ETF		—		100,964		100,964		86,205		86,205		14,759		13		—
SPDR S&P China ETF		—		13,092,959		13,092,959		12,823,843		12,823,843		269,116		860		—
SPDR S&P Emerging Markets ETF		—		21,176,277		21,176,277		18,841,133		18,841,133		2,335,144		3,893		—
SPDR S&P BRIC 40 ETF		—		9,385,906		9,385,906		9,086,935		9,086,935		298,971		766		—
SPDR S&P Emerging Europe ETF		—		18,299,202		18,299,202		18,228,221		18,228,221		70,981		1,326		—
SPDR S&P Emerging Latin America ETF		—		10,912,537		10,912,537		10,912,437		10,912,437		100		415		—
SPDR S&P Emerging Middle East & Africa ETF		—		3,066,055		3,066,055		2,923,075		2,923,075		142,980		298		—
SPDR S&P World ex-US ETF		—		2,274,801		2,274,801		2,274,701		2,274,701		100		181		—
SPDR S&P International Small Cap ETF		—		14,424,877		14,424,877		14,145,031		14,145,031		279,846		639		—
SPDR Dow Jones International Real Estate ETF		—		32,122,091		32,122,091		31,942,436		31,942,436		179,655		1,272		—
SPDR FTSE/Macquarie Global Infrastructure 100 ETF		—		3,220,669		3,220,669		3,128,150		3,128,150		92,519		157		—
SPDR MSCI ACWI ex-US ETF		—		11,594,979		11,594,979		10,893,807		10,893,807		701,172		625		—
SPDR Russell/Nomura PRIME Japan ETF		—		190,305		190,305		190,205		190,205		100		20		—
SPDR Russell/Nomura Small Cap Japan ETF		—		1,386,522		1,386,522		1,303,031		1,303,031		83,491		146		—
SPDR S&P International Dividend ETF		—		12,871,321		12,871,321		12,834,575		12,834,575		36,746		369		—
SPDR S&P International Mid Cap ETF		—		727,021		727,021		726,921		726,921		100		52		—
SPDR S&P Emerging Markets Small Cap ETF		—		97,772,563		97,772,563		97,534,968		97,534,968		237,595		1,022		—
SPDR Dow Jones Global Real Estate ETF		—		4,147,866		4,147,866		4,071,600		4,071,600		76,266		185		—
SPDR S&P International Consumer Discretionary Sector ETF		—		246,862		246,862		246,296		246,296		566		19		—
SPDR S&P International Consumer Staples Sector ETF		—		163,426		163,426		161,463		161,463		1,963		13		—
SPDR S&P International Energy Sector ETF		—		268,191		268,191		228,919		228,919		39,272		12		—
SPDR S&P International Financial Sector ETF		—		235,417		235,417		234,814		234,814		603		10		—
SPDR S&P International Health Care Sector ETF		—		123,307		123,307		123,207		123,207		100		8		—
SPDR S&P International Industrial Sector ETF		—		198,837		198,837		192,811		192,811		6,026		40		—
SPDR S&P International Materials Sector ETF		—		403,253		403,253		400,841		400,841		2,412		12		—
SPDR S&P International Technology Sector ETF		—		487,333		487,333		456,117		456,117		31,216		36		—
SPDR S&P International Telecommunications Sector ETF		—		633,608		633,608		632,903		632,903		705		27		—
SPDR S&P International Utilities Sector ETF		—		242,994		242,994		231,181		231,181		11,813		12		—

Each Fund participating in securities lending invests its cash collateral for securities lending in the shares of the State Street Navigator Securities Lending Prime Portfolio (“Navigator”), for which SSgA FM serves as the investment adviser. Navigator is a series of State Street Navigator Securities Lending Trust, a registered investment company under the Investment Company of 1940, as amended (the “1940 Act”), and operates as a money market fund in

123

SPDR INDEX SHARES FUNDS
NOTES TO SCHEDULES OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

compliance with Rule 2A-7 under the 1940 Act. Amounts relating to these investments at June 30, 2010 and for the period then ended are:

	Value at		Purchased				Sold				Value at				Realized
Navigator	9/30/09		Cost		Shares		Proceeds		Shares		6/30/10		Income		Gain/(Loss)
SPDR STOXX Europe 50 ETF	$	1,175,729	$	22,345,700		22,345,700	$	23,330,475		23,330,475	$	190,954	$	30,712	$	—
SPDR EURO STOXX 50 ETF		6,566,037		94,267,117		94,267,117		99,449,583		99,449,583		1,383,571		203,588		—
SPDR S&P Emerging Asia Pacific ETF		13,610,080		71,870,843		71,870,843		79,339,124		79,339,124		6,141,799		48,951		—
SPDR S&P China ETF		14,881,217		112,598,931		112,598,931		118,148,208		118,148,208		9,331,940		110,725		—
SPDR S&P Emerging Markets ETF		8,846,869		42,263,953		42,263,953		40,753,954		40,753,954		10,356,868		24,748		—
SPDR S&P BRIC 40 ETF		27,324,270		212,604,258		212,604,258		207,605,220		207,605,220		32,323,308		45,048		—
SPDR S&P Emerging Europe ETF		4,106,680		81,202,591		81,202,591		81,751,878		81,751,878		3,557,393		20,024		—
SPDR S&P Emerging Latin America ETF		29,060,715		92,443,404		92,443,404		104,148,075		104,148,075		17,356,044		53,944		—
SPDR S&P Emerging Middle East & Africa ETF		1,222,307		31,866,635		31,866,635		28,453,326		28,453,326		4,635,616		8,702		—
SPDR S&P World ex-US ETF		10,410,707		30,404,130		30,404,130		33,526,378		33,526,378		7,288,459		57,023		—
SPDR S&P International Small Cap ETF		48,381,934		93,166,775		93,166,775		102,358,844		102,358,844		39,189,865		365,651		—
SPDR Dow Jones International Real Estate ETF		139,519,285		421,812,812		421,812,812		476,192,487		476,192,487		85,139,610		710,433		—
SPDR FTSE/Macquarie Global Infrastructure 100 ETF		11,290,328		54,690,472		54,690,472		60,001,509		60,001,509		5,979,291		49,683		—
SPDR MSCI ACWI ex-US ETF		40,247,976		106,346,159		106,346,159		121,256,864		121,256,864		25,337,271		208,588		—
SPDR Russell/Nomura PRIME Japan ETF		4,252,555		9,610,410		9,610,410		12,249,608		12,249,608		1,613,357		5,026		—
SPDR Russell/Nomura Small Cap Japan ETF		23,849,980		29,917,834		29,917,834		43,797,451		43,797,451		9,970,363		86,600		—
SPDR S&P International Dividend ETF		8,350,180		113,262,688		113,262,688		96,994,184		96,994,184		24,618,684		231,030		—
SPDR S&P International Mid Cap ETF		3,818,689		8,373,859		8,373,859		8,495,099		8,495,099		3,697,449		11,640		—
SPDR S&P Emerging Markets Small Cap ETF		139,177		17,968,415		17,968,415		15,329,199		15,329,199		2,778,393		18,631		—
SPDR Dow Jones Global Real Estate ETF		3,991,795		98,509,022		98,509,022		72,791,533		72,791,533		29,709,284		44,036		—
SPDR S&P International Consumer Staples Sector ETF		—		165,537		165,537		165,537		165,537		—		132		—
SPDR S&P International Energy Sector ETF		—		48,415		48,415		48,415		48,415		—		2		—
SPDR S&P International Industrial Sector ETF		—		62,789		62,789		46,476		46,476		16,313		101		—
SPDR S&P International Materials Sector ETF		—		198,087		198,087		198,087		198,087		—		77		—
SPDR S&P International Technology Sector ETF		—		353,350		353,350		353,350		353,350		—		84		—
SPDR S&P International Telecommunications Sector ETF		—		899,347		899,347		823,239		823,239		76,108		573		—
SPDR S&P International Utilities Sector ETF		—		111,614		111,614		20,863		20,863		90,751		46		—

124

SPDR INDEX SHARES FUNDS
NOTES TO SCHEDULES OF INVESTMENTS (continued)

June 30, 2010 (Unaudited)

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 June 30, 2010 were as follows:

			Gross		Gross		Net Unrealized
	Identified		Unrealized		Unrealized		Appreciation
	Cost		Appreciation		Depreciation		(Depreciation)
SPDR STOXX Europe 50 ETF	$	62,955,929	$	455,719	$	26,369,983	$	(25,914,264	)
SPDR EURO STOXX 50 ETF		234,174,660		82,254		95,229,511		(95,147,257	)
SPDR S&P Emerging Asia Pacific ETF		537,204,827		73,421,291		29,266,277		44,155,014
SPDR S&P Russia ETF		4,473,676		19,137		594,981		(575,844	)
SPDR S&P China ETF		495,597,239		66,652,556		28,136,950		38,515,606
SPDR S&P Emerging Markets ETF		142,571,647		11,238,704		12,078,392		(839,688	)
SPDR S&P BRIC 40 ETF		440,088,202		25,531,102		49,215,693		(23,684,591	)
SPDR S&P Emerging Europe ETF		215,085,644		6,025,349		39,692,097		(33,666,748	)
SPDR S&P Emerging Latin America ETF		141,185,994		9,713,705		23,156,338		(13,442,633	)
SPDR S&P Emerging Middle East & Africa ETF		136,868,533		8,273,515		24,781,622		(16,508,107	)
SPDR S&P World ex-US ETF		103,097,964		6,685,564		11,258,178		(4,572,614	)
SPDR S&P International Small Cap ETF		694,750,382		30,569,393		138,447,393		(107,878,000	)
SPDR Dow Jones International Real Estate ETF		1,404,236,747		24,790,561		347,314,083		(322,523,522	)
SPDR FTSE/Macquarie Global Infrastructure 100 ETF		83,590,574		521,476		27,318,420		(26,796,944	)
SPDR MSCI ACWI ex-US ETF		430,085,410		12,574,860		92,078,957		(79,504,097	)
SPDR Russell/Nomura PRIME Japan ETF		21,322,726		396,488		5,856,463		(5,459,975	)
SPDR Russell/Nomura Small Cap Japan ETF		95,834,346		2,720,991		21,520,524		(18,799,533	)
SPDR S&P International Dividend ETF		226,771,610		6,267,697		30,521,393		(24,253,696	)
SPDR S&P International Mid Cap ETF		30,309,595		1,783,368		2,684,458		(901,090	)
SPDR S&P Emerging Markets Small Cap ETF		350,081,076		17,821,257		21,850,862		(4,029,605	)
SPDR Dow Jones Global Real Estate ETF		130,616,166		15,071,819		2,239,374		12,832,445
SPDR S&P International Consumer Discretionary Sector ETF		8,719,333		367,006		1,171,365		(804,359	)
SPDR S&P International Consumer Staples Sector ETF		8,215,835		281,844		662,293		(380,449	)
SPDR S&P International Energy Sector ETF		11,362,598		48,846		3,094,308		(3,045,462	)
SPDR S&P International Financial Sector ETF		11,421,944		105,833		2,275,051		(2,169,218	)
SPDR S&P International Health Care Sector ETF		7,518,429		209,292		1,136,028		(926,736	)
SPDR S&P International Industrial Sector ETF		10,398,348		137,960		1,790,737		(1,652,777	)
SPDR S&P International Materials Sector ETF		16,084,246		286,462		3,207,875		(2,921,413	)
SPDR S&P International Technology Sector ETF		20,987,499		587,124		2,230,961		(1,643,837	)
SPDR S&P International Telecommunications Sector ETF		14,556,784		152,109		2,530,534		(2,378,425	)
SPDR S&P International Utilities Sector ETF		11,041,118		142,799		2,830,161		(2,687,362	)

Other information regarding the Funds is available in the Funds’ most recent Report to Shareholders. This information is 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.

125

TABLE OF CONTENTS

	Item 2. Controls and Procedures
SIGNATURES

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 (“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^® Index Shares Funds

/s/ James E. Ross James E. Ross

President

/s/ Gary L. French Gary L. French

Treasurer

Date: August 23, 2010

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.

/s/ James E. Ross James E. Ross

President

/s/ Gary L. French Gary L. French

Treasurer

Date: August 23, 2010