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State Street Global Advisors Expands Fixed Income ETF Offering with Debut of SPDR® Loomis Sayles Opportunistic Bond ETF

Actively managed ETF invests across the credit universe and maturity curve seeking to diversify sources of income and maximize risk-adjusted total return potential

State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced the launch of the SPDR Loomis Sayles Opportunistic Bond ETF (OBND). The fund provides exposure to a mix of investment-grade, high-yield, non-U.S. dollar denominated debt, leveraged loans and securitized issuers. OBND, an actively managed fund sub-advised by Loomis Sayles, was developed to help investors navigate ever-changing global credit conditions.

“The low interest rate environment is driving demand for non-traditional fixed income investments. OBND seeks to meet investors’ needs for both yield and diversification while providing the benefits of active risk management,” said Sue Thompson, head of SPDR Americas Distribution at State Street Global Advisors.

The SPDR Loomis Sayles Opportunistic Bond ETF is actively managed and seeks to capture risk premiums in markets that it believes can offer strong risk-adjusted return potential over a full market cycle, utilizing a multi-asset credit framework to gain exposure to a mix of credit-focused asset classes and sectors within a globally diverse investment universe. The portfolio managers use a top-down credit cycle approach, supported by deep fundamental research, and seek to generate returns at asset class, sector and security levels.

OBND is managed by the Loomis Sayles Alpha Strategies team, which currently oversees multi-asset investment strategies for institutional and retail clients worldwide. The portfolio management team includes Kevin Kearns, team leader and co-manager of the team’s multi-asset credit and income strategies, custom strategies and the Loomis Sayles Inflation Protected Securities Fund; Andrea DiCenso, co-portfolio manager of the team’s credit asset, world credit asset and emerging market debt blended total return strategies; and Thomas Stolberg, co-portfolio manager of the team’s credit asset strategies.

“As a team, we are passionate about combining what we believe is best-in-class fundamental and advanced quantitative research with leading edge technology in support of meeting our clients’ goals,” said Kevin Kearns. “We are excited to join State Street Global Advisors’ distinguished SPDR franchise with OBND, which is an innovative solution for credit investors.”

For more information on the SPDR ETF suite, visit www.ssga.com/etfs.

About SPDR Exchange Traded Funds

SPDR ETFs are a comprehensive family spanning an array of international and domestic asset classes. SPDR ETFs are sponsored by affiliates of State Street Global Advisors. The funds provide investors with the flexibility to select investments that are aligned to their investment strategy. For more information, visit www.ssga.com/etfs.

About State Street Global Advisors

For four decades, State Street Global Advisors has served the world’s governments, institutions and financial advisors. With a rigorous, risk-aware approach built on research, analysis and market-tested experience, we build from a breadth of active and index strategies to create cost-effective solutions. As stewards, we help portfolio companies see that what is fair for people and sustainable for the planet can deliver long-term performance. And, as pioneers in index, ETF, and ESG investing, we are always inventing new ways to invest. As a result, we have become the world’s fourth-largest asset manager* with US $3.90 trillion† under our care.

*Pensions & Investments Research Center, as of 12/31/20.

†This figure is presented as of June 30, 2021 and includes approximately $63.59 billion of assets with respect to SPDR products for which State Street Global Advisors Funds Distributors, LLC (SSGA FD) acts solely as the marketing agent. SSGA FD and State Street Global Advisors are affiliated.

About Loomis Sayles

Since 1926, Loomis, Sayles & Company has helped fulfill the investment needs of institutional and mutual fund clients worldwide. The firm’s performance-driven investors integrate deep proprietary research and integrated risk analysis to make informed, judicious decisions. Teams of portfolio managers, strategists, research analysts and traders collaborate to assess market sectors and identify investment opportunities wherever they may lie, within traditional asset classes or among a range of alternative investments. Loomis Sayles has the resources, foresight and the flexibility to look far and wide for value in broad and narrow markets in its commitment to deliver attractive sustainable returns for clients. This rich tradition has earned Loomis Sayles the trust and respect of clients worldwide, for whom it manages $357.7 billion* in assets (as of 30 June 2021).

Important Risk Disclosures

ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETFs net asset value. Brokerage commissions and ETF expenses will reduce returns. The fund’s investments are subject to changes in general economic conditions, general market fluctuations and the risks inherent in investment in securities markets.

Bonds generally present less short-term risk and volatility than stocks, but contain interest rate risk (as interest rates raise, bond prices usually fall); issuer default risk; issuer credit risk; liquidity risk; and inflation risk. These effects are usually pronounced for longer-term securities. Any fixed income security sold or redeemed prior to maturity may be subject to a substantial gain or loss.

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

The values of debt securities may increase or decrease as a result of the following: market fluctuations, changes in interest rates, actual or perceived inability or unwillingness of issuers, guarantors or liquidity providers to make scheduled principal or interest payments or illiquidity in debt securities markets; the risk of low rates of return due to reinvestment of securities during periods of falling interest rates or repayment by issuers with higher coupon or interest rates; and/or the risk of low income due to falling interest rates.

The fund is actively managed. The sub-adviser’s judgments about the attractiveness, relative value, or potential appreciation of a particular sector, security, commodity or investment strategy may prove to be incorrect, and may cause the fund to incur losses. There can be no assurance that the sub-adviser’s investment techniques and decisions will produce the desired results.

Non-diversified funds that focus on a relatively small number of securities tend to be more volatile than diversified funds and the market as a whole.

This communication is not intended to be an investment recommendation or investment advice and should not be relied upon as such.

The trademarks and service marks referenced herein are the property of their respective owners. Third party data providers make no warranties or representations of any kind relating to the accuracy, completeness or timeliness of the data and have no liability for damages of any kind relating to the use of such data.

Standard & Poor's®, S&P® and SPDR® are registered trademarks of Standard & Poor’s Financial Services LLC (S&P); Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones); and these trademarks have been licensed for use by S&P Dow Jones Indices LLC (SPDJI) and sublicensed for certain purposes by State Street Corporation. State Street Corporation’s financial products are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates and third party licensors and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability in relation thereto, including for any errors, omissions, or interruptions of any index.

Distributor: State Street Global Advisors Funds Distributors, LLC, member FINRA, SIPC, an indirect wholly owned subsidiary of State Street Corporation. References to State Street may include State Street Corporation and its affiliates. Certain State Street affiliates provide services and receive fees from the SPDR ETFs.

SSGA Funds Management, Inc. has retained Loomis Sayles as the investment sub-adviser to the fund. State Street Global Advisors Funds Distributors, LLC is not affiliated with Loomis Sayles.

Before investing, consider the fund’s investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 1-866-787-2257 or visit www.ssga.com. Read it carefully.

Not FDIC Insured · No Bank Guarantee · May Lose Value

© 2021 State Street Corporation.

All Rights Reserved.

3719047.1.1.AM.RTL Exp. Date: 10/31/2022

MALR027816

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