1
Common Stocks | Shares | Value | ||||||
3M Co.
|
5,384,706 | $ | 466,907,857 | |||||
Abbott Laboratories
|
11,656,468 | 608,933,888 | ||||||
Abercrombie & Fitch Co. (Class A)
|
667,532 | 26,247,358 | ||||||
ACE, Ltd.
|
2,541,504 | 148,042,608 | ||||||
Adobe Systems, Inc.*
|
3,976,197 | 103,977,552 | ||||||
Advanced Micro Devices, Inc.*
|
4,273,001 | 30,381,037 | ||||||
Aetna, Inc.
|
3,151,222 | 99,610,127 | ||||||
AFLAC, Inc.
|
3,546,962 | 183,413,405 | ||||||
Agilent Technologies, Inc.*
|
2,629,171 | 87,735,436 | ||||||
Air Products & Chemicals, Inc.
|
1,603,816 | 132,828,041 | ||||||
Airgas, Inc.
|
560,054 | 38,055,669 | ||||||
AK Steel Holding Corp.
|
831,883 | 11,488,304 | ||||||
Akamai Technologies, Inc.*
|
1,371,565 | 68,825,132 | ||||||
Alcoa, Inc.
|
7,712,586 | 93,399,416 | ||||||
Allegheny Energy, Inc.
|
1,280,302 | 31,393,005 | ||||||
Allegheny Technologies, Inc.
|
743,164 | 34,519,968 | ||||||
Allergan, Inc.
|
2,322,128 | 154,491,176 | ||||||
Altera Corp.
|
2,278,473 | 68,718,746 | ||||||
Altria Group, Inc.
|
15,726,714 | 377,755,670 | ||||||
Amazon.com, Inc.*
|
2,675,555 | 420,222,668 | ||||||
Ameren Corp.
|
1,799,624 | 51,109,322 | ||||||
American Electric Power Co., Inc.
|
3,617,357 | 131,056,844 | ||||||
American Express Co.
|
7,865,760 | 330,597,893 | ||||||
American International Group, Inc.*
|
1,019,778 | 39,873,320 | ||||||
American Tower Corp. (Class A)*
|
3,046,810 | 156,179,481 | ||||||
Ameriprise Financial, Inc.
|
1,895,254 | 89,702,372 | ||||||
AmerisourceBergen Corp.
|
2,134,233 | 65,435,584 | ||||||
Amgen, Inc.*
|
7,233,877 | 398,658,961 | ||||||
Amphenol Corp. (Class A)
|
1,311,398 | 64,232,274 | ||||||
Anadarko Petroleum Corp.
|
3,736,361 | 213,159,395 | ||||||
Analog Devices, Inc.
|
2,251,292 | 70,645,543 | ||||||
Aon Corp.
|
2,034,345 | 79,563,233 | ||||||
Apache Corp.
|
2,752,803 | 269,114,021 | ||||||
Apartment Investment & Management Co. (Class A)
|
882,191 | 18,861,244 | ||||||
Apollo Group, Inc. (Class A)*
|
950,100 | 48,787,635 | ||||||
Apple, Inc.*
|
6,902,640 | 1,958,624,100 | ||||||
Applied Materials, Inc.
|
10,145,568 | 118,500,234 | ||||||
Archer-Daniels-Midland Co.
|
4,856,445 | 155,017,724 | ||||||
Assurant, Inc.
|
803,280 | 32,693,496 | ||||||
AT&T, Inc.
|
44,621,968 | 1,276,188,285 | ||||||
Autodesk, Inc.*
|
1,732,528 | 55,388,920 | ||||||
Automatic Data Processing, Inc.
|
3,714,066 | 156,102,194 | ||||||
AutoNation, Inc.*
|
471,409 | 10,960,259 | ||||||
Autozone, Inc.*
|
220,753 | 50,532,569 | ||||||
AvalonBay Communities, Inc.
|
627,273 | 65,192,483 | ||||||
Avery Dennison Corp.
|
834,422 | 30,973,745 | ||||||
Avon Products, Inc.
|
3,235,913 | 103,905,166 | ||||||
Baker Hughes, Inc.
|
3,240,059 | 138,026,513 | ||||||
Ball Corp.
|
697,564 | 41,051,641 | ||||||
Bank of America Corp.
|
75,763,287 | 993,256,693 | ||||||
Baxter International, Inc.
|
4,411,239 | 210,460,213 | ||||||
BB&T Corp.
|
5,226,925 | 125,864,354 | ||||||
Becton, Dickinson & Co.
|
1,762,928 | 130,632,965 | ||||||
Bed Bath & Beyond, Inc.*
|
1,988,307 | 86,312,407 | ||||||
Bemis Co., Inc.
|
824,842 | 26,188,734 | ||||||
Berkshire Hathaway, Inc. (Class B) *
|
13,088,808 | 1,082,182,645 | ||||||
Best Buy Co., Inc.
|
2,613,576 | 106,712,308 | ||||||
Big Lots, Inc.*
|
606,676 | 20,171,977 | ||||||
Biogen Idec, Inc.*
|
1,827,022 | 102,532,475 | ||||||
BMC Software, Inc.*
|
1,370,917 | 55,494,720 | ||||||
Boston Properties, Inc.
|
1,050,611 | 87,326,786 | ||||||
Boston Scientific Corp.*
|
11,453,960 | 70,212,775 | ||||||
Bristol-Myers Squibb Co.
|
12,986,146 | 352,054,418 | ||||||
Broadcom Corp. (Class A)
|
3,389,689 | 119,961,094 | ||||||
Brown-Forman Corp. (Class B)
|
782,602 | 48,239,587 | ||||||
C.H. Robinson Worldwide, Inc.
|
1,252,582 | 87,580,533 | ||||||
C.R. Bard, Inc.
|
717,874 | 58,456,480 | ||||||
CA, Inc.
|
2,949,611 | 62,295,784 | ||||||
Cabot Oil & Gas Corp.
|
785,573 | 23,653,603 | ||||||
Cameron International Corp.*
|
1,845,117 | 79,266,226 | ||||||
Campbell Soup Co.
|
1,413,415 | 50,529,586 | ||||||
Capital One Financial Corp.
|
3,448,880 | 136,403,204 | ||||||
Cardinal Health, Inc.
|
2,649,675 | 87,545,262 | ||||||
CareFusion Corp.*
|
1,684,711 | 41,848,221 | ||||||
CarMax, Inc.*
|
1,685,290 | 46,952,179 | ||||||
Carnival Corp.
|
3,270,422 | 124,962,825 | ||||||
Caterpillar, Inc.
|
4,740,508 | 372,983,169 | ||||||
CB Richard Ellis Group, Inc. (Class A)*
|
2,192,994 | 40,087,930 | ||||||
CBS Corp. (Class B)
|
5,136,511 | 81,465,064 | ||||||
Celgene Corp.*
|
3,480,172 | 200,492,709 | ||||||
CenterPoint Energy, Inc.
|
3,144,727 | 49,435,108 | ||||||
CenturyLink, Inc.
|
2,269,699 | 89,562,323 | ||||||
Cephalon, Inc.*
|
567,606 | 35,441,319 | ||||||
Cerner Corp.*
|
516,013 | 43,339,932 | ||||||
CF Industries Holdings, Inc.
|
536,432 | 51,229,256 | ||||||
Chesapeake Energy Corp.
|
4,917,094 | 111,372,179 | ||||||
Chevron Corp.
|
15,168,246 | 1,229,386,338 | ||||||
Chubb Corp.
|
2,372,949 | 135,234,364 | ||||||
CIGNA Corp.
|
2,089,037 | 74,745,744 | ||||||
Cincinnati Financial Corp.
|
1,231,286 | 35,522,601 | ||||||
Cintas Corp.
|
993,994 | 27,384,535 | ||||||
Cisco Systems, Inc.*
|
43,127,979 | 944,502,740 | ||||||
Citigroup, Inc.*
|
179,795,747 | 701,203,413 | ||||||
Citrix Systems, Inc.*
|
1,402,721 | 95,721,681 | ||||||
Cliffs Natural Resources, Inc.
|
1,023,500 | 65,422,120 | ||||||
Clorox Co.
|
1,064,385 | 71,058,343 |
2
Common Stocks | Shares | Value | ||||||
CME Group, Inc.
|
508,333 | $ | 132,395,330 | |||||
CMS Energy Corp.
|
1,736,898 | 31,298,902 | ||||||
Coach, Inc.
|
2,244,723 | 96,433,300 | ||||||
Coca-Cola
Enterprises, Inc.
|
2,456,878 | 76,163,218 | ||||||
Cognizant Technology Solutions Corp. (Class A)*
|
2,261,565 | 145,803,096 | ||||||
Colgate-Palmolive Co.
|
3,670,370 | 282,104,638 | ||||||
Comcast Corp. (Class A)
|
21,198,032 | 383,260,419 | ||||||
Comerica, Inc.
|
1,331,437 | 49,462,885 | ||||||
Computer Sciences Corp.
|
1,165,007 | 53,590,322 | ||||||
Compuware Corp.*
|
1,699,589 | 14,497,494 | ||||||
ConAgra Foods, Inc.
|
3,365,849 | 73,846,727 | ||||||
ConocoPhillips
|
11,204,779 | 643,490,458 | ||||||
CONSOL Energy, Inc.
|
1,704,466 | 62,997,063 | ||||||
Consolidated Edison, Inc.
|
2,129,399 | 102,679,620 | ||||||
Constellation Brands, Inc. (Class A)*
|
1,334,429 | 23,606,049 | ||||||
Constellation Energy Group, Inc.
|
1,520,712 | 49,027,755 | ||||||
Corning, Inc.
|
11,788,649 | 215,496,504 | ||||||
Costco Wholesale Corp.
|
3,329,876 | 214,743,703 | ||||||
Coventry Health Care, Inc.*
|
1,118,119 | 24,073,102 | ||||||
CSX Corp.
|
2,865,155 | 158,500,375 | ||||||
Cummins, Inc.
|
1,515,090 | 137,236,852 | ||||||
CVS Caremark Corp.
|
10,276,616 | 323,405,106 | ||||||
D.R. Horton, Inc.
|
2,091,669 | 23,259,359 | ||||||
Danaher Corp.
|
4,045,208 | 164,275,897 | ||||||
Darden Restaurants, Inc.
|
1,061,273 | 45,401,259 | ||||||
DaVita, Inc.*
|
784,341 | 54,143,059 | ||||||
Dean Foods Co.*
|
1,371,968 | 14,007,793 | ||||||
Deere & Co.
|
3,207,989 | 223,853,472 | ||||||
Dell, Inc.*
|
12,772,640 | 165,533,414 | ||||||
Denbury Resources, Inc.*
|
3,015,738 | 47,920,077 | ||||||
DENTSPLY International, Inc.
|
1,105,893 | 35,355,399 | ||||||
Devon Energy Corp.
|
3,283,082 | 212,546,729 | ||||||
DeVry, Inc.
|
467,881 | 23,024,424 | ||||||
Diamond Offshore Drilling, Inc.
|
524,491 | 35,544,755 | ||||||
DIRECTV*
|
6,536,534 | 272,115,910 | ||||||
Discover Financial Services
|
4,107,915 | 68,520,022 | ||||||
Discovery Communications, Inc. (Class A)*
|
2,147,881 | 93,540,218 | ||||||
Dominion Resources, Inc.
|
4,448,893 | 194,238,668 | ||||||
Dover Corp.
|
1,410,117 | 73,622,209 | ||||||
Dr. Pepper Snapple Group, Inc.
|
1,802,832 | 64,036,593 | ||||||
DTE Energy Co.
|
1,272,249 | 58,434,397 | ||||||
Duke Energy Corp.
|
9,919,334 | 175,671,405 | ||||||
Dun & Bradstreet Corp.
|
380,996 | 28,247,043 | ||||||
E*TRADE Financial Corp.*
|
1,498,229 | 21,784,250 | ||||||
E. I. du Pont de Nemours & Co.
|
6,841,601 | 305,272,237 | ||||||
Eastman Chemical Co.
|
546,942 | 40,473,708 | ||||||
Eastman Kodak Co.*
|
2,037,173 | 8,556,127 | ||||||
Eaton Corp.
|
1,265,677 | 104,405,696 | ||||||
eBay, Inc.*
|
8,727,685 | 212,955,514 | ||||||
Ecolab, Inc.
|
1,763,250 | 89,467,305 | ||||||
Edison International
|
2,461,570 | 84,653,392 | ||||||
El Paso Corp.
|
5,315,937 | 65,811,300 | ||||||
Electronic Arts, Inc.*
|
2,471,638 | 40,609,012 | ||||||
Eli Lilly & Co.
|
7,662,713 | 279,918,906 | ||||||
EMC Corp.*
|
15,522,884 | 315,269,774 | ||||||
Emerson Electric Co.
|
5,687,461 | 299,501,696 | ||||||
Entergy Corp.
|
1,429,530 | 109,401,931 | ||||||
EOG Resources, Inc.
|
1,912,188 | 177,776,118 | ||||||
EQT Corp.
|
1,087,258 | 39,206,523 | ||||||
Equifax, Inc.
|
956,472 | 29,841,926 | ||||||
Equity Residential
|
2,137,127 | 101,663,131 | ||||||
Exelon Corp.
|
4,988,285 | 212,401,175 | ||||||
Expedia, Inc.
|
1,566,041 | 44,178,017 | ||||||
Expeditors International of Washington, Inc.
|
1,607,761 | 74,326,791 | ||||||
Express Scripts, Inc.*
|
4,096,111 | 199,480,606 | ||||||
Exxon Mobil Corp.
|
38,460,339 | 2,376,464,347 | ||||||
Family Dollar Stores, Inc.
|
1,019,743 | 45,031,851 | ||||||
Fastenal Co.
|
1,118,302 | 59,482,483 | ||||||
Federated Investors, Inc. (Class B)
|
669,984 | 15,248,836 | ||||||
FedEx Corp.
|
2,365,512 | 202,251,276 | ||||||
Fidelity National Information Services, Inc.
|
1,930,487 | 52,374,112 | ||||||
Fifth Third Bancorp
|
6,003,540 | 72,222,586 | ||||||
First Horizon National Corp.*
|
1,758,633 | 20,065,999 | ||||||
First Solar, Inc.*
|
408,541 | 60,198,516 | ||||||
FirstEnergy Corp.
|
2,302,398 | 88,734,419 | ||||||
Fiserv, Inc.*
|
1,152,711 | 62,038,906 | ||||||
FLIR Systems, Inc.*
|
1,156,558 | 29,723,541 | ||||||
Flowserve Corp.
|
422,760 | 46,258,399 | ||||||
Fluor Corp.
|
1,350,835 | 66,906,858 | ||||||
FMC Corp.
|
548,834 | 37,545,734 | ||||||
FMC Technologies, Inc.*
|
918,293 | 62,710,229 | ||||||
Ford Motor Co.*
|
25,991,236 | 318,132,729 | ||||||
Forest Laboratories, Inc.*
|
2,156,419 | 66,698,040 | ||||||
Fortune Brands, Inc.
|
1,150,255 | 56,627,054 | ||||||
Franklin Resources, Inc.
|
1,115,747 | 119,273,354 | ||||||
Freeport-McMoRan Copper &
Gold, Inc. |
3,562,250 | 304,180,528 | ||||||
Frontier Communications Corp.
|
7,484,095 | 61,145,056 | ||||||
GameStop Corp. (Class A)*
|
1,153,904 | 22,743,448 | ||||||
Gannett Co., Inc.
|
1,794,483 | 21,946,527 | ||||||
General Dynamics Corp.
|
2,871,866 | 180,381,903 | ||||||
General Electric Co.
|
80,770,126 | 1,312,514,548 | ||||||
General Mills, Inc.
|
4,845,541 | 177,056,068 |
3
Common Stocks | Shares | Value | ||||||
Genuine Parts Co.
|
1,200,070 | $ | 53,511,121 | |||||
Genworth Financial, Inc. (Class A)*
|
3,694,710 | 45,149,356 | ||||||
Genzyme Corp.*
|
1,921,947 | 136,054,628 | ||||||
Gilead Sciences, Inc.*
|
6,332,707 | 225,507,696 | ||||||
Goodrich Corp.
|
945,505 | 69,712,084 | ||||||
Google, Inc. (Class A)*
|
1,879,974 | 988,471,529 | ||||||
H&R Block, Inc.
|
2,325,237 | 30,111,819 | ||||||
H.J. Heinz Co.
|
2,388,439 | 113,140,355 | ||||||
Halliburton Co.
|
6,836,312 | 226,076,838 | ||||||
Harley-Davidson, Inc.
|
1,778,785 | 50,588,645 | ||||||
Harman International Industries, Inc.*
|
524,652 | 17,528,623 | ||||||
Harris Corp.
|
981,293 | 43,461,467 | ||||||
Hartford Financial Services Group, Inc.
|
3,354,644 | 76,989,080 | ||||||
Hasbro, Inc.
|
1,058,767 | 47,125,719 | ||||||
HCP, Inc.
|
2,342,100 | 84,268,758 | ||||||
Health Care REIT, Inc.
|
1,000,583 | 47,367,599 | ||||||
Helmerich & Payne, Inc.
|
798,191 | 32,294,808 | ||||||
Hess Corp.
|
2,207,104 | 130,483,988 | ||||||
Hewlett-Packard Co.
|
17,113,037 | 719,945,467 | ||||||
Home Depot, Inc.
|
12,576,355 | 398,418,926 | ||||||
Honeywell International, Inc.
|
5,785,676 | 254,222,603 | ||||||
Hormel Foods Corp.
|
522,982 | 23,324,997 | ||||||
Hospira, Inc.*
|
1,252,628 | 71,412,322 | ||||||
Host Hotels & Resorts, Inc.
|
4,972,154 | 71,996,790 | ||||||
Hudson City Bancorp, Inc.
|
3,992,801 | 48,951,740 | ||||||
Humana, Inc.*
|
1,285,785 | 64,597,838 | ||||||
Huntington Bancshares, Inc.
|
5,412,758 | 30,690,338 | ||||||
Illinois Tool Works, Inc.
|
3,835,766 | 180,357,717 | ||||||
Integrys Energy Group, Inc.
|
581,333 | 30,264,196 | ||||||
Intel Corp.
|
42,015,976 | 807,967,219 | ||||||
IntercontinentalExchange, Inc.*
|
558,893 | 58,527,275 | ||||||
International Business
Machines Corp. |
9,522,392 | 1,277,333,663 | ||||||
International Flavors & Fragrances, Inc.
|
600,993 | 29,160,180 | ||||||
International Game Technology
|
2,245,934 | 32,453,746 | ||||||
International Paper Co.
|
3,298,156 | 71,734,893 | ||||||
Intuit, Inc.*
|
2,127,187 | 93,192,062 | ||||||
Intuitive Surgical, Inc.*
|
296,183 | 84,038,964 | ||||||
Invesco, Ltd.
|
3,528,093 | 74,901,414 | ||||||
Iron Mountain, Inc.
|
1,527,738 | 34,129,667 | ||||||
ITT Corp.
|
1,385,069 | 64,862,781 | ||||||
J.C. Penney Co., Inc.
|
1,784,743 | 48,509,315 | ||||||
Jabil Circuit, Inc.
|
1,465,090 | 21,111,947 | ||||||
Jacobs Engineering Group, Inc.*
|
944,111 | 36,537,096 | ||||||
Janus Capital Group, Inc.
|
1,387,529 | 15,193,443 | ||||||
JDS Uniphase Corp.*
|
1,691,969 | 20,963,496 | ||||||
Johnson & Johnson
|
20,827,292 | 1,290,459,012 | ||||||
Johnson Controls, Inc.
|
5,081,654 | 154,990,447 | ||||||
JPMorgan Chase & Co.
|
29,950,809 | 1,140,227,299 | ||||||
Juniper Networks, Inc.*
|
3,974,120 | 120,614,542 | ||||||
Kellogg Co.
|
1,927,178 | 97,341,761 | ||||||
KeyCorp
|
6,641,292 | 52,864,684 | ||||||
Kimberly-Clark Corp.
|
3,090,920 | 201,064,346 | ||||||
Kimco Realty Corp.
|
3,064,342 | 48,263,387 | ||||||
King Pharmaceuticals, Inc.*
|
1,883,457 | 18,759,232 | ||||||
KLA-Tencor Corp.
|
1,284,419 | 45,250,081 | ||||||
Kohl’s Corp.*
|
2,326,156 | 122,541,898 | ||||||
Kraft Foods, Inc. (Class A)
|
13,165,950 | 406,301,217 | ||||||
L-3 Communications
Holdings, Inc. |
874,884 | 63,227,867 | ||||||
Laboratory Corp. of America Holdings*
|
784,964 | 61,564,727 | ||||||
Legg Mason, Inc.
|
1,167,610 | 35,390,259 | ||||||
Leggett & Platt, Inc.
|
1,119,095 | 25,470,602 | ||||||
Lennar Corp. (Class A)
|
1,229,536 | 18,910,264 | ||||||
Leucadia National Corp.*
|
1,434,230 | 33,876,513 | ||||||
Lexmark International, Inc. (Class A)*
|
592,090 | 26,419,056 | ||||||
Life Technologies Corp.*
|
1,379,791 | 64,422,442 | ||||||
Limited Brands, Inc.
|
2,038,942 | 54,602,867 | ||||||
Lincoln National Corp.
|
2,396,522 | 57,324,806 | ||||||
Linear Technology Corp.
|
1,691,053 | 51,966,059 | ||||||
Lockheed Martin Corp.
|
2,241,528 | 159,776,116 | ||||||
Loews Corp.
|
2,391,998 | 90,656,724 | ||||||
Lorillard, Inc.
|
1,154,151 | 92,689,867 | ||||||
Lowe’s Cos., Inc.
|
10,593,735 | 236,134,353 | ||||||
LSI Corp.*
|
4,936,423 | 22,510,089 | ||||||
M & T Bank Corp.
|
628,746 | 51,437,710 | ||||||
Macy’s, Inc.
|
3,187,146 | 73,591,201 | ||||||
Marathon Oil Corp.
|
5,359,154 | 177,387,997 | ||||||
Marriott International, Inc. (Class A)
|
2,173,623 | 77,880,912 | ||||||
Marsh & McLennan Cos., Inc.
|
4,087,844 | 98,598,797 | ||||||
Marshall & Ilsley Corp.
|
3,982,562 | 28,037,236 | ||||||
Masco Corp.
|
2,709,787 | 29,834,755 | ||||||
Massey Energy Co.
|
779,109 | 24,167,961 | ||||||
MasterCard, Inc. (Class A)
|
730,537 | 163,640,288 | ||||||
Mattel, Inc.
|
2,755,038 | 64,633,191 | ||||||
McAfee, Inc.*
|
1,178,340 | 55,688,348 | ||||||
McCormick & Co., Inc.
|
1,000,041 | 42,041,724 | ||||||
McDonald’s Corp.
|
8,037,282 | 598,857,882 | ||||||
McKesson Corp.
|
1,972,182 | 121,841,404 | ||||||
Mead Johnson Nutrition Co.
|
1,545,224 | 87,938,698 | ||||||
MeadWestvaco Corp.
|
1,290,186 | 31,454,735 |
4
Common Stocks | Shares | Value | ||||||
Medco Health Solutions, Inc.*
|
3,275,693 | $ | 170,532,578 | |||||
Medtronic, Inc.
|
8,152,084 | 273,746,981 | ||||||
MEMC Electronic Materials, Inc.*
|
1,717,421 | 20,471,658 | ||||||
Merck & Co., Inc.
|
23,238,155 | 855,396,486 | ||||||
Meredith Corp.
|
278,415 | 9,274,004 | ||||||
MetLife, Inc.
|
6,852,787 | 263,489,660 | ||||||
MetroPCS Communications, Inc.*
|
1,974,981 | 20,658,301 | ||||||
Microchip Technology, Inc.
|
1,401,314 | 44,071,325 | ||||||
Micron Technology, Inc.*
|
6,453,001 | 46,526,137 | ||||||
Microsoft Corp.
|
57,576,043 | 1,410,037,293 | ||||||
Molex, Inc.
|
1,025,639 | 21,466,624 | ||||||
Molson Coors Brewing Co. (Class B)
|
1,191,750 | 56,274,435 | ||||||
Monsanto Co.
|
4,081,203 | 195,612,060 | ||||||
Monster Worldwide, Inc.*
|
952,198 | 12,340,486 | ||||||
Moody’s Corp.
|
1,485,614 | 37,110,638 | ||||||
Morgan Stanley
|
10,555,230 | 260,503,076 | ||||||
Motorola, Inc.*
|
17,555,751 | 149,750,556 | ||||||
Murphy Oil Corp.
|
1,446,857 | 89,589,385 | ||||||
Mylan, Inc.*
|
2,332,706 | 43,878,200 | ||||||
Nabors Industries, Ltd.*
|
2,152,067 | 38,866,330 | ||||||
National Semiconductor Corp.
|
1,796,501 | 22,941,318 | ||||||
National-Oilwell Varco, Inc.
|
3,165,270 | 140,759,557 | ||||||
NetApp, Inc.*
|
2,700,888 | 134,477,214 | ||||||
Newell Rubbermaid, Inc.
|
2,100,653 | 37,412,630 | ||||||
Newmont Mining Corp.
|
3,710,270 | 233,042,059 | ||||||
News Corp. (Class A)
|
17,234,680 | 225,084,921 | ||||||
NextEra Energy, Inc.
|
3,133,490 | 170,430,521 | ||||||
Nicor, Inc.
|
341,992 | 15,670,073 | ||||||
NIKE, Inc. (Class B)
|
2,933,997 | 235,130,520 | ||||||
NiSource, Inc.
|
2,093,683 | 36,430,084 | ||||||
Noble Energy, Inc.
|
1,318,864 | 99,033,498 | ||||||
Nordstrom, Inc.
|
1,258,091 | 46,800,985 | ||||||
Norfolk Southern Corp.
|
2,795,044 | 166,333,068 | ||||||
Northeast Utilities
|
1,327,980 | 39,268,369 | ||||||
Northern Trust Corp.
|
1,826,543 | 88,112,434 | ||||||
Northrop Grumman Corp.
|
2,220,729 | 134,642,799 | ||||||
Novell, Inc.*
|
2,635,995 | 15,736,890 | ||||||
Novellus Systems, Inc.*
|
725,528 | 19,284,534 | ||||||
NRG Energy, Inc.*
|
1,928,825 | 40,158,137 | ||||||
Nucor Corp.
|
2,380,670 | 90,941,594 | ||||||
NVIDIA Corp.*
|
4,321,486 | 50,474,956 | ||||||
NYSE Euronext
|
1,971,626 | 56,329,355 | ||||||
O’Reilly Automotive, Inc.*
|
1,043,080 | 55,491,856 | ||||||
Occidental Petroleum Corp.
|
6,133,434 | 480,247,882 | ||||||
Office Depot, Inc.*
|
2,083,480 | 9,584,008 | ||||||
Omnicom Group, Inc.
|
2,318,379 | 91,529,603 | ||||||
Oneok, Inc.
|
803,550 | 36,191,892 | ||||||
Oracle Corp.
|
29,224,833 | 784,686,766 | ||||||
Owens-Illinois, Inc.*
|
1,246,021 | 34,963,349 | ||||||
PACCAR, Inc.
|
2,756,207 | 132,711,367 | ||||||
Pactiv Corp.*
|
1,002,414 | 33,059,614 | ||||||
Pall Corp.
|
882,625 | 36,752,505 | ||||||
Parker-Hannifin Corp.
|
1,217,070 | 85,267,924 | ||||||
Patterson Cos., Inc.
|
704,406 | 20,181,232 | ||||||
Paychex, Inc.
|
2,429,386 | 66,783,821 | ||||||
Peabody Energy Corp.
|
2,030,278 | 99,503,925 | ||||||
People’s United Financial, Inc.
|
2,831,200 | 37,060,408 | ||||||
Pepco Holdings, Inc.
|
1,682,535 | 31,295,151 | ||||||
PepsiCo, Inc.
|
12,012,506 | 798,110,899 | ||||||
PerkinElmer, Inc.
|
887,992 | 20,548,135 | ||||||
Pfizer, Inc.
|
60,717,239 | 1,042,514,994 | ||||||
PG&E Corp.
|
2,957,097 | 134,311,346 | ||||||
Philip Morris International, Inc.
|
13,840,904 | 775,367,442 | ||||||
Pinnacle West Capital Corp.
|
819,449 | 33,818,660 | ||||||
Pioneer Natural Resources Co.
|
874,649 | 56,878,424 | ||||||
Pitney Bowes, Inc.
|
1,569,012 | 33,545,477 | ||||||
Plum Creek Timber Co., Inc.
|
1,231,124 | 43,458,677 | ||||||
PNC Financial Services
Group, Inc. |
3,972,513 | 206,213,150 | ||||||
Polo Ralph Lauren Corp.
|
496,452 | 44,611,177 | ||||||
PPG Industries, Inc.
|
1,256,746 | 91,491,109 | ||||||
PPL Corp.
|
3,650,662 | 99,407,526 | ||||||
Praxair, Inc.
|
2,310,752 | 208,568,476 | ||||||
Precision Castparts Corp.
|
1,073,729 | 136,739,388 | ||||||
priceline.com, Inc.*
|
365,901 | 127,457,954 | ||||||
Principal Financial Group, Inc.
|
2,415,993 | 62,622,539 | ||||||
Progress Energy, Inc.
|
2,169,007 | 96,347,291 | ||||||
ProLogis
|
3,592,484 | 42,319,462 | ||||||
Prudential Financial, Inc.
|
3,519,966 | 190,711,758 | ||||||
Public Service Enterprise
Group, Inc. |
3,822,006 | 126,431,958 | ||||||
Public Storage, Inc.
|
1,054,718 | 102,349,835 | ||||||
Pulte Group, Inc.*
|
2,400,329 | 21,026,882 | ||||||
QEP Resources, Inc.
|
1,319,807 | 39,778,983 | ||||||
QLogic Corp.*
|
842,827 | 14,867,468 | ||||||
QUALCOMM, Inc.
|
12,116,784 | 546,709,294 | ||||||
Quanta Services, Inc.*
|
1,587,594 | 30,291,294 | ||||||
Quest Diagnostics, Inc.
|
1,141,311 | 57,601,966 | ||||||
Qwest Communications International, Inc.
|
13,206,384 | 82,804,028 | ||||||
R.R. Donnelley & Sons Co.
|
1,555,505 | 26,381,365 | ||||||
RadioShack Corp.
|
946,872 | 20,196,780 | ||||||
Range Resources Corp.
|
1,204,543 | 45,929,225 | ||||||
Raytheon Co.
|
2,824,303 | 129,098,890 | ||||||
Red Hat, Inc.*
|
1,424,928 | 58,422,048 | ||||||
Regions Financial Corp.
|
9,486,361 | 68,965,844 | ||||||
Republic Services, Inc.
|
2,309,687 | 70,422,357 |
5
Common Stocks | Shares | Value | ||||||
Reynolds American, Inc.
|
1,276,503 | $ | 75,811,513 | |||||
Robert Half International, Inc.
|
1,135,206 | 29,515,356 | ||||||
Rockwell Automation, Inc.
|
1,077,596 | 66,520,001 | ||||||
Rockwell Collins, Inc.
|
1,189,188 | 69,270,201 | ||||||
Roper Industries, Inc.
|
709,167 | 46,223,505 | ||||||
Ross Stores Inc.
|
926,146 | 50,586,095 | ||||||
Rowan Cos., Inc.*
|
863,406 | 26,213,006 | ||||||
Ryder System, Inc.
|
399,919 | 17,104,536 | ||||||
Safeway, Inc.
|
2,934,957 | 62,103,690 | ||||||
SAIC, Inc.*
|
2,209,887 | 35,313,994 | ||||||
Salesforce.com, Inc.*
|
884,460 | 98,882,628 | ||||||
SanDisk Corp.*
|
1,737,535 | 63,680,658 | ||||||
Sara Lee Corp.
|
4,994,085 | 67,070,562 | ||||||
SCANA Corp.
|
857,573 | 34,577,343 | ||||||
Schlumberger, Ltd.
|
10,314,993 | 635,506,719 | ||||||
Scripps Networks Interactive (Class A)
|
676,028 | 32,165,412 | ||||||
Sealed Air Corp.
|
1,203,005 | 27,043,552 | ||||||
Sears Holdings Corp.*
|
333,187 | 24,036,110 | ||||||
Sempra Energy
|
1,869,289 | 100,567,748 | ||||||
Sherwin-Williams Co.
|
696,476 | 52,333,207 | ||||||
Sigma-Aldrich Corp.
|
917,038 | 55,370,754 | ||||||
Simon Property Group, Inc.
|
2,209,913 | 204,947,332 | ||||||
SLM Corp.*
|
3,668,920 | 42,376,026 | ||||||
Snap-on, Inc.
|
436,850 | 20,317,894 | ||||||
Southern Co.
|
6,226,135 | 231,861,267 | ||||||
Southwest Airlines Co.
|
5,623,182 | 73,494,989 | ||||||
Southwestern Energy Co.*
|
2,615,104 | 87,449,078 | ||||||
Spectra Energy Corp.
|
4,894,385 | 110,368,382 | ||||||
Sprint Nextel Corp.*
|
22,517,066 | 104,254,016 | ||||||
St. Jude Medical, Inc.*
|
2,468,297 | 97,102,804 | ||||||
Stanley Black & Decker, Inc.
|
1,253,154 | 76,793,277 | ||||||
Staples, Inc.
|
5,512,939 | 115,330,684 | ||||||
Starbucks Corp.
|
5,628,469 | 143,976,237 | ||||||
Starwood Hotels & Resorts Worldwide, Inc.
|
1,430,885 | 75,193,007 | ||||||
State Street Corp.(a)
|
3,790,256 | 142,741,041 | ||||||
Stericycle, Inc.*
|
639,787 | 44,452,401 | ||||||
Stryker Corp.
|
2,595,305 | 129,895,015 | ||||||
Sunoco, Inc.
|
910,200 | 33,222,300 | ||||||
SunTrust Banks, Inc.
|
3,775,064 | 97,509,903 | ||||||
SUPERVALU, Inc.
|
1,604,486 | 18,499,724 | ||||||
Symantec Corp.*
|
6,033,579 | 91,529,393 | ||||||
Sysco Corp.
|
4,468,466 | 127,440,650 | ||||||
T. Rowe Price Group, Inc.
|
1,960,296 | 98,142,219 | ||||||
Target Corp.
|
5,445,952 | 291,031,675 | ||||||
TECO Energy, Inc.
|
1,617,776 | 28,019,880 | ||||||
Tellabs, Inc.
|
2,914,180 | 21,710,641 | ||||||
Tenet Healthcare Corp.*
|
3,284,271 | 15,501,759 | ||||||
Teradata Corp.*
|
1,260,632 | 48,609,970 | ||||||
Teradyne, Inc.*
|
1,363,310 | 15,187,273 | ||||||
Tesoro Corp.
|
1,066,242 | 14,244,993 | ||||||
Texas Instruments, Inc.
|
9,021,437 | 244,841,800 | ||||||
Textron, Inc.
|
2,063,540 | 42,426,382 | ||||||
The AES Corp.*
|
5,046,217 | 57,274,563 | ||||||
The Allstate Corp.
|
4,062,271 | 128,164,650 | ||||||
The Bank of New York
Mellon Corp. |
9,158,986 | 239,324,304 | ||||||
The Boeing Co.
|
5,520,155 | 367,311,114 | ||||||
The Charles Schwab Corp.
|
7,392,082 | 102,749,940 | ||||||
The
Coca-Cola
Co.
|
17,421,165 | 1,019,486,576 | ||||||
The Dow Chemical Co.
|
8,720,747 | 239,471,713 | ||||||
The Estee Lauder Cos., Inc. (Class A)
|
860,896 | 54,434,454 | ||||||
The Gap, Inc.
|
3,390,289 | 63,194,987 | ||||||
The Goldman Sachs Group, Inc.
|
3,887,678 | 562,080,485 | ||||||
The Goodyear Tire & Rubber Co.*
|
1,837,078 | 19,748,589 | ||||||
The Hershey Co.
|
1,163,752 | 55,382,958 | ||||||
The Interpublic Group of
Cos., Inc.* |
3,696,339 | 37,074,280 | ||||||
The JM Smucker Co.
|
900,292 | 54,494,675 | ||||||
The Kroger Co.
|
4,880,845 | 105,719,103 | ||||||
The McGraw-Hill Cos., Inc.
|
2,383,048 | 78,783,567 | ||||||
The NASDAQ OMX Group, Inc.*
|
1,100,702 | 21,386,640 | ||||||
The New York Times Co. (Class A)*
|
878,779 | 6,801,749 | ||||||
The Procter & Gamble Co.
|
21,432,199 | 1,285,288,974 | ||||||
The Progressive Corp.
|
5,063,039 | 105,665,624 | ||||||
The Travelers Cos., Inc.
|
3,549,096 | 184,907,902 | ||||||
The Walt Disney Co.
|
14,436,287 | 477,985,463 | ||||||
The Washington Post Co. (Class B)
|
45,284 | 18,086,882 | ||||||
The Western Union Co.
|
5,075,927 | 89,691,630 | ||||||
The Williams Cos., Inc.
|
4,412,119 | 84,315,594 | ||||||
Thermo Fisher Scientific, Inc.*
|
3,099,717 | 148,414,450 | ||||||
Tiffany & Co.
|
960,305 | 45,124,732 | ||||||
Time Warner Cable, Inc.
|
2,673,913 | 144,364,563 | ||||||
Time Warner, Inc.
|
8,490,997 | 260,249,058 | ||||||
Titanium Metals Corp.*
|
638,265 | 12,739,769 | ||||||
TJX Cos., Inc.
|
3,024,687 | 134,991,781 | ||||||
Torchmark Corp.
|
623,210 | 33,117,379 | ||||||
Total System Services, Inc.
|
1,244,016 | 18,958,804 | ||||||
Tyco International, Ltd.
|
3,757,814 | 138,024,508 | ||||||
Tyson Foods, Inc. (Class A)
|
2,307,637 | 36,968,345 | ||||||
U.S. Bancorp
|
14,474,869 | 312,946,668 | ||||||
Union Pacific Corp.
|
3,756,509 | 307,282,436 | ||||||
United Parcel Service, Inc. (Class B)
|
7,479,692 | 498,820,660 |
6
Common Stocks | Shares | Value | ||||||
United States Steel Corp.
|
1,082,983 | $ | 47,477,975 | |||||
United Technologies Corp.
|
7,017,608 | 499,864,218 | ||||||
UnitedHealth Group, Inc.
|
8,490,015 | 298,084,427 | ||||||
Unum Group
|
2,514,259 | 55,690,837 | ||||||
Urban Outfitters, Inc.*
|
982,167 | 30,879,330 | ||||||
V.F. Corp.
|
666,038 | 53,962,399 | ||||||
Valero Energy Corp.
|
4,270,490 | 74,776,280 | ||||||
Varian Medical Systems, Inc.*
|
932,943 | 56,443,052 | ||||||
Ventas, Inc.
|
1,184,349 | 61,076,878 | ||||||
VeriSign, Inc.*
|
1,313,013 | 41,675,033 | ||||||
Verizon Communications, Inc.
|
21,346,060 | 695,668,095 | ||||||
Viacom, Inc. (Class B)
|
4,588,268 | 166,049,419 | ||||||
Visa, Inc. (Class A)
|
3,766,647 | 279,711,206 | ||||||
Vornado Realty Trust
|
1,226,789 | 104,927,263 | ||||||
Vulcan Materials Co.
|
964,894 | 35,623,886 | ||||||
W.W. Grainger, Inc.
|
449,772 | 53,572,343 | ||||||
Wal-Mart Stores, Inc.
|
15,088,425 | 807,532,506 | ||||||
Walgreen Co.
|
7,388,179 | 247,503,997 | ||||||
Waste Management, Inc.
|
3,648,080 | 130,382,379 | ||||||
Waters Corp.*
|
701,650 | 49,662,787 | ||||||
Watson Pharmaceuticals, Inc.*
|
809,089 | 34,232,556 | ||||||
WellPoint, Inc.*
|
3,019,057 | 170,999,389 | ||||||
Wells Fargo & Co.
|
39,542,102 | 993,693,023 | ||||||
Western Digital Corp.*
|
1,730,191 | 49,120,123 | ||||||
Weyerhaeuser Co.
|
4,083,031 | 64,348,569 | ||||||
Whirlpool Corp.
|
567,055 | 45,908,773 | ||||||
Whole Foods Market, Inc.*
|
1,097,166 | 40,715,830 | ||||||
Windstream Corp.
|
3,648,724 | 44,842,818 | ||||||
Wisconsin Energy Corp.
|
882,589 | 51,013,644 | ||||||
Wyndham Worldwide Corp.
|
1,359,107 | 37,334,669 | ||||||
Wynn Resorts, Ltd.
|
570,878 | 49,535,084 | ||||||
Xcel Energy, Inc.
|
3,470,971 | 79,728,204 | ||||||
Xerox Corp.
|
10,416,514 | 107,810,920 | ||||||
Xilinx, Inc.
|
1,955,473 | 52,035,137 | ||||||
XL Group PLC
|
2,584,499 | 55,980,248 | ||||||
Yahoo!, Inc.*
|
10,232,092 | 144,988,744 | ||||||
Yum! Brands, Inc.
|
3,531,207 | 162,647,394 | ||||||
Zimmer Holdings, Inc.*
|
1,532,090 | 80,174,270 | ||||||
Zions Bancorporation
|
1,304,712 | 27,868,648 | ||||||
Total Common Stocks (b)
(Cost $80,279,228,597) |
$ | 78,077,851,159 | ||||||
(a) | Affiliated Issuer. See following table for more information. |
(b) | The values of the securities of the Trust are determined based on Level 1 inputs (Note 2). |
Number |
||||||||||||||||||||||||||||||||||||||||||||
Number of |
of Shares |
|||||||||||||||||||||||||||||||||||||||||||
Shares Held |
Cost at |
Value at |
Purchased | Sold |
Held at |
Value at |
Dividend |
Realized |
||||||||||||||||||||||||||||||||||||
|
at 9/30/09 | 9/30/09 | 9/30/09 | Cost | Shares | Proceeds | Shares | 9/30/10 | 9/30/10 | Income | Gain | |||||||||||||||||||||||||||||||||
State Street Corp.
|
3,793,465 | $ | 164,567,461 | $ | 199,536,259 | $ | 310,957,645 | 7,581,766 | $ | 310,564,549 | 7,584,975 | 3,790,256 | $ | 142,741,041 | $ | 155,923 | $ | 8,836,491 |
7
INDUSTRY** | VALUE | |||
Oil, Gas and Consumable Fuels
|
$ | 7,120,276,046 | ||
Pharmaceuticals
|
4,747,336,908 | |||
Computers & Peripherals
|
3,447,937,274 | |||
Insurance
|
3,185,595,032 | |||
Diversified Financial Services
|
3,174,313,156 | |||
Software
|
3,036,160,591 | |||
IT Services
|
2,449,952,006 | |||
Media
|
2,399,777,059 | |||
Diversified Telecommunication Services
|
2,250,210,605 | |||
Commercial Banks
|
2,137,843,028 | |||
Aerospace and Defense
|
2,129,109,964 | |||
Beverages
|
2,085,917,357 | |||
Industrial Conglomerates
|
1,959,873,295 | |||
Food & Staples Retailing
|
1,947,664,309 | |||
Semiconductors & Semiconductor Equipment
|
1,911,932,756 | |||
Capital Markets
|
1,865,147,427 | |||
Communications Equipment
|
1,847,712,736 | |||
Household Products
|
1,839,516,301 | |||
Health Care Providers & Services
|
1,585,938,804 | |||
Machinery
|
1,578,043,101 | |||
Chemicals
|
1,566,879,449 | |||
Specialty Retail
|
1,564,996,927 | |||
Electric Utilities
|
1,535,740,956 | |||
Internet Software & Services
|
1,469,256,438 | |||
Food Products
|
1,454,463,190 | |||
Energy Equipment & Services
|
1,415,264,981 | |||
Hotels, Restaurants & Leisure
|
1,348,243,015 | |||
Health Care Equipment & Supplies
|
1,339,779,461 | |||
Tobacco
|
1,321,624,492 | |||
Real Estate Investment Trusts (REITs)
|
1,148,368,194 | |||
Multi-Utilities
|
1,108,540,420 | |||
Biotechnology
|
1,098,687,788 | |||
Metals & Mining
|
893,211,733 | |||
Air Freight & Logistics
|
862,979,260 | |||
Multiline Retail
|
671,715,012 | |||
Road & Rail
|
649,220,415 | |||
Internet & Catalog Retail
|
591,858,639 | |||
Consumer Finance
|
577,897,145 | |||
Electronic Equipment, Instruments & Components
|
439,766,326 | |||
Textiles, Apparel & Luxury Goods
|
430,137,396 | |||
Electrical Equipment
|
412,245,202 | |||
Commercial Services & Supplies
|
397,671,926 | |||
Automobiles
|
368,721,374 | |||
Household Durables
|
322,937,464 | |||
Life Sciences Tools & Services
|
283,047,814 | |||
Wireless Telecommunication Services
|
281,091,798 | |||
Auto Components
|
174,739,036 | |||
Containers & Packaging
|
162,306,890 | |||
Personal Products
|
158,339,620 | |||
Independent Power Producers & Energy Traders
|
146,460,455 | |||
Construction & Engineering
|
133,735,248 | |||
Leisure Equipment & Products
|
120,315,037 | |||
Trading Companies & Distributors
|
113,054,826 | |||
Office Electronics
|
107,810,920 | |||
Paper & Forest Products
|
103,189,628 | |||
Diversified Consumer Services
|
101,923,878 | |||
Professional Services
|
87,604,325 | |||
Thrifts & Mortgage Finance
|
86,012,148 | |||
Airlines
|
73,494,989 | |||
Distributors
|
53,511,121 | |||
Gas Utilities
|
51,861,965 | |||
Health Care Technology
|
43,339,932 | |||
Real Estate Management & Development
|
40,087,930 | |||
Construction Materials
|
35,623,886 | |||
Building Products
|
29,834,755 | |||
TOTAL
|
$ | 78,077,851,159 | ||
* | SPDR S&P 500 ETF Trust’s industry breakdown is expressed as market value by industry and may change over time. | |
** | Each security is valued based on Level 1 inputs. |
8
ASSETS
|
||||
Investments in unaffiliated issuers, at value
|
$ | 77,935,110,118 | ||
Investments in affiliated issuers, at value
|
142,741,041 | |||
Total investments
|
78,077,851,159 | |||
Cash
|
467,823,962 | |||
Dividends receivable — unaffiliated issuers
|
97,267,765 | |||
Dividends receivable — affiliated issuers
|
38,675 | |||
Total Assets
|
78,642,981,561 | |||
LIABILITIES
|
||||
Payable for investments purchased
|
5,931,706 | |||
Payable for units of fractional undivided interest
(“Units”) redeemed in-kind
|
527,194 | |||
Income distribution payable
|
426,267,165 | |||
Accrued trustee expense
|
3,008,238 | |||
Accrued expenses and other liabilities
|
16,365,856 | |||
Total Liabilities
|
452,100,159 | |||
NET ASSETS
|
$ | 78,190,881,402 | ||
NET ASSETS CONSIST OF:
|
||||
Paid in Capital (Note 4)
|
$ | 89,077,858,400 | ||
Distribution in excess of net investment income
|
(426,704,977 | ) | ||
Accumulated net realized gain on investments
|
(8,258,894,583 | ) | ||
Net unrealized depreciation on investments
|
(2,201,377,438 | ) | ||
NET ASSETS
|
$ | 78,190,881,402 | ||
NET ASSET VALUE PER UNIT
|
$ | 114.13 | ||
UNITS OUTSTANDING, UNLIMITED UNITS AUTHORIZED, $0.00 PAR
VALUE
|
685,082,116 | |||
COST OF INVESTMENTS:
|
||||
Unaffiliated issuers
|
$ | 80,105,431,548 | ||
Affiliated issuers
|
173,797,049 | |||
Total Cost of Investments
|
$ | 80,279,228,597 | ||
9
For the |
For the |
For the |
||||||||||
Year Ended |
Year Ended |
Year Ended |
||||||||||
September 30, |
September 30, |
September 30, |
||||||||||
2010 | 2009 | 2008 | ||||||||||
INVESTMENT INCOME
|
||||||||||||
Dividend income — unaffiliated issuers
|
$ | 1,516,348,569 | $ | 1,899,322,298 | $ | 1,628,431,147 | ||||||
Dividend income — affiliated issuers
|
155,923 | 2,239,900 | 2,890,454 | |||||||||
Total Investment Income
|
1,516,504,492 | 1,901,562,198 | 1,631,321,601 | |||||||||
EXPENSES
|
||||||||||||
Trustee expense
|
40,693,484 | 37,299,801 | 36,310,380 | |||||||||
S&P license fee
|
21,931,368 | 21,492,906 | 23,977,390 | |||||||||
Marketing expense
|
14,620,912 | 14,233,147 | 18,115,010 | |||||||||
Legal and audit services
|
422,917 | 277,642 | 155,059 | |||||||||
Other expenses
|
1,543,741 | 1,050,269 | 2,341,136 | |||||||||
Total Expenses
|
79,212,422 | 74,353,765 | 80,898,975 | |||||||||
Trustee expense waiver
|
(10,128,612 | ) | (7,102,147 | ) | (6,923,474 | ) | ||||||
Net Expenses
|
69,083,810 | 67,251,618 | 73,975,501 | |||||||||
NET INVESTMENT INCOME
|
1,447,420,682 | 1,834,310,580 | 1,557,346,100 | |||||||||
REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS
|
||||||||||||
Net realized gain (loss) on:
|
||||||||||||
Investment transactions — unaffiliated issuers
|
16,730,164,234 | (44,584,311,986 | ) | (8,458,807,396 | ) | |||||||
Investment transactions — affiliated issuers
|
8,836,491 | (166,785,981 | ) | 19,363,771 | ||||||||
Net change in unrealized appreciation (depreciation) on:
|
||||||||||||
Investment transactions — unaffiliated issuers
|
(11,825,602,638 | ) | 29,208,992,488 | (12,549,019,477 | ) | |||||||
Investment transactions — affiliated issuers
|
(66,024,806 | ) | 90,665,805 | (54,343,615 | ) | |||||||
NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS
|
4,847,373,281 | (15,451,439,674 | ) | (21,042,806,717 | ) | |||||||
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM
OPERATIONS
|
$ | 6,294,793,963 | $ | (13,617,129,094 | ) | $ | (19,485,460,617 | ) | ||||
10
For the |
For the |
For the |
||||||||||
Year Ended |
Year Ended |
Year Ended |
||||||||||
September 30, |
September 30, |
September 30, |
||||||||||
2010 | 2009 | 2008 | ||||||||||
INCREASE (DECREASE) IN NET ASSETS RESULTING FROM
OPERATIONS:
|
||||||||||||
Net investment income
|
$ | 1,447,420,682 | $ | 1,834,310,580 | $ | 1,557,346,100 | ||||||
Net realized gain (loss) on investment transactions
|
16,739,000,725 | (44,751,097,967 | ) | (8,439,443,625 | ) | |||||||
Net change in unrealized appreciation (depreciation)
|
(11,891,627,444 | ) | 29,299,258,293 | (12,603,363,092 | ) | |||||||
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM
OPERATIONS
|
6,294,793,963 | (13,617,129,094 | ) | (19,485,460,617 | ) | |||||||
NET EQUALIZATION CREDITS AND CHARGES
|
102,137,436 | 79,929,657 | 218,645,921 | |||||||||
DISTRIBUTIONS TO UNITHOLDERS FROM NET INVESTMENT INCOME
|
(1,549,861,683 | ) | (1,938,730,332 | ) | (1,782,447,532 | ) | ||||||
INCREASE (DECREASE) IN NET ASSETS FROM UNIT TRANSACTIONS:
|
||||||||||||
Proceeds from sale of Units
|
400,829,082,743 | 343,468,772,184 | 445,910,262,535 | |||||||||
Proceeds from reinvestment of distributions
|
2,216,596 | 12,270,791 | 13,008,992 | |||||||||
Cost of Units repurchased
|
(399,041,216,070 | ) | (349,232,583,429 | ) | (410,330,564,199 | ) | ||||||
Net income equalization (Note 2)
|
(102,137,436 | ) | (79,929,657 | ) | (218,645,921 | ) | ||||||
NET INCREASE (DECREASE) IN NET ASSETS FROM ISSUANCE AND
REDEMPTION OF UNITS
|
1,687,945,833 | (5,831,470,111 | ) | 35,374,061,407 | ||||||||
NET INCREASE (DECREASE) IN NET ASSETS DURING PERIOD
|
6,535,015,549 | (21,307,399,880 | ) | 14,324,799,179 | ||||||||
NET ASSETS AT BEGINNING OF PERIOD
|
71,655,865,853 | 92,963,265,733 | 78,638,466,554 | |||||||||
NET ASSETS END OF PERIOD*
|
$ | 78,190,881,402 | $ | 71,655,865,853 | $ | 92,963,265,733 | ||||||
UNIT TRANSACTIONS:
|
||||||||||||
Units sold
|
3,614,350,000 | 3,788,050,000 | 3,304,850,000 | |||||||||
Units issued from reinvestment distributions
|
21,395 | 135,148 | 95,213 | |||||||||
Units redeemed
|
(3,607,000,000 | ) | (3,908,300,000 | ) | (3,022,850,000 | ) | ||||||
NET INCREASE (DECREASE)
|
7,371,395 | (120,114,852 | ) | 282,095,213 | ||||||||
* Includes undistributed (distribution in excess of) net
investment income
|
$ | (426,704,977 | ) | $ | (336,373,142 | ) | $ | (439,719,151 | ) | |||
11
For the |
For the |
For the |
For the |
For the |
||||||||||||||||
Year Ended |
Year Ended |
Year Ended |
Year Ended |
Year Ended |
||||||||||||||||
September 30, |
September 30, |
September 30, |
September 30, |
September 30, |
||||||||||||||||
2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||
Net asset value, beginning of year
|
$ | 105.73 | $ | 116.52 | $ | 152.48 | $ | 133.53 | $ | 122.85 | ||||||||||
Investment Operations:
|
||||||||||||||||||||
Net investment income(1)
|
2.20 | 2.32 | 2.72 | 2.66 | 2.32 | |||||||||||||||
Net realized and unrealized gain (loss) on investments
|
8.24 | (10.90 | ) | (36.28 | ) | 18.75 | 10.54 | |||||||||||||
Total from investment operations
|
10.44 | (8.58 | ) | (33.56 | ) | 21.41 | 12.86 | |||||||||||||
Net equalization credits and charges(1)
|
0.16 | 0.10 | 0.38 | 0.26 | 0.15 | |||||||||||||||
Less distributions from:
|
||||||||||||||||||||
Net investment income
|
(2.20 | ) | (2.31 | ) | (2.78 | ) | (2.72 | ) | (2.33 | ) | ||||||||||
Net asset value, end of year
|
$ | 114.13 | $ | 105.73 | $ | 116.52 | $ | 152.48 | $ | 133.53 | ||||||||||
Total investment return(2)
|
10.08 | % | (6.90 | )% | (21.84 | )% | 16.31 | % | 10.64 | % | ||||||||||
Ratios and supplemental data
|
||||||||||||||||||||
Ratio to average net assets:
|
||||||||||||||||||||
Net investment income
|
1.98 | % | 2.58 | % | 1.99 | % | 1.86 | % | 1.83 | % | ||||||||||
Total expenses(3)
|
0.09 | % | 0.09 | % | 0.09 | % | 0.08 | % | 0.08 | % | ||||||||||
Total expenses excluding Trustee earnings credit
|
0.11 | % | 0.10 | % | 0.11 | % | 0.11 | % | 0.10 | % | ||||||||||
Total expenses excluding Trustee earnings credit and fee waivers
|
0.11 | % | 0.10 | % | 0.11 | % | 0.12 | % | 0.12 | % | ||||||||||
Portfolio turnover rate(4)
|
5.38 | % | 6.68 | % | 4.56 | % | 2.95 | % | 3.70 | % | ||||||||||
Net assets, end of year (000’s)
|
$ | 78,190,881 | $ | 71,655,866 | $ | 92,963,266 | $ | 78,638,467 | $ | 57,585,885 |
(1) | Per Unit numbers have been calculated using the average shares method, which more appropriately presents the per share data for the year. |
(2) | Total return is calculated assuming a purchase of a Unit at net asset value per Unit on the first day and a sale at net asset value per Unit on the last day of each period reported. Distributions are assumed, for the purposes of this calculation, to be reinvested at the net asset value per Unit on the respective payment dates of each Trust. Broker commission charges are not included in this calculation. |
(3) | Net of expenses reimbursed by the Trustee. |
(4) | Portfolio turnover ratio excludes securities received or delivered from processing creations or redemptions of Units. |
12
Note 1 — | Organization |
Note 2 — | Significant Accounting Policies |
13
Note 2 — | Significant Accounting Policies – (continued) |
• | 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 Trust’s own assumptions in determining the fair value of investments) |
14
Note 2 — | Significant Accounting Policies – (continued) |
15
Note 2 — | Significant Accounting Policies – (continued) |
2011
|
$ | 1,530,834,020 | ||
2012
|
445,024,832 | |||
2013
|
380,379,645 | |||
2014
|
1,174,140,896 | |||
2015
|
1,056,971,322 | |||
2016
|
917,820,735 | |||
2017
|
2,553,965,847 | |||
2018
|
190,637,430 |
Note 3 — | Transactions with the Trustee and Sponsor |
Net asset value of the
Trust
|
Fee as a percentage of net
asset value of the Trust
|
|
$0 - $499,999,999
|
10/100 of 1% per annum plus or minus the Adjustment Amount | |
$500,000,000 - $2,499,999,999
|
8/100 of 1% per annum plus or minus the Adjustment Amount | |
$2,500,000,000 - and above
|
6/100 of 1% per annum plus or minus the Adjustment Amount |
16
Note 3 — | Transactions with the Trustee and Sponsor – (continued) |
Note 4 — | Shareholder Transactions |
Note 5 — | Investment Transactions |
17
18
Bid/Ask Price |
Bid/Ask Price |
|||||||||||||||||||||||
Above NAV | Below NAV | |||||||||||||||||||||||
50 - 99 |
100 - 199 |
> 200 |
50 - 99 |
100 - 199 |
> 200 |
|||||||||||||||||||
BASIS |
BASIS |
BASIS |
BASIS |
BASIS |
BASIS |
|||||||||||||||||||
POINTS | POINTS | POINTS | POINTS | POINTS | POINTS | |||||||||||||||||||
2010
|
0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||||
2009
|
0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||||
2008
|
3 | 4 | 1 | 5 | 1 | 0 | ||||||||||||||||||
2007
|
0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||||
2006
|
0 | 0 | 0 | 0 | 0 | 0 |
Cumulative Total Return
|
||||||
1 Year | 5 Year | 10 Year | ||||
SPDR S&P 500 ETF Trust
|
||||||
Return Based on NAV
|
10.08% | 3.03% | −4.79% | |||
Return Based on Bid/Ask Price
|
10.22% | 3.00% | −4.68% | |||
S&P 500 Index
|
10.16% | 3.22% | −4.23% |
Average Annual Total Return
|
||||||
1 Year | 5 Year | 10 Year | ||||
SPDR S&P 500 ETF Trust
|
||||||
Return Based on NAV
|
10.08% | 0.60% | −0.49% | |||
Return Based on Bid/Ask Price
|
10.22% | 0.59% | −0.48% | |||
S&P 500 Index
|
10.16% | 0.64% | −0.43% |
(1) | The Bid/Ask Price is the midpoint of the Consolidated Bid/Ask price at the time the Trust’s NAV is calculated. From April 3, 2001 to November 28, 2008, the Bid/Ask was the Bid/Ask price on the NYSE Amex (formerly the American Stock Exchange), ordinarily 4:00 p.m. Prior to April 3, 2001, the Bid/Ask price was the Bid/Ask price on the close of trading on the American Stock Exchange, ordinarily 4:15 p.m. |
19