40-17F2 1 d931771d4017f2.htm SPDR SERIES TRUST SPDR Series Trust

 

 

U.S. Securities and Exchange Commission

Washington, D.C. 20549

 

 

FORM N-17f-2

 

 

Certificate of Accounting of Securities and Similar

Investments in the Custody of

Management Investment Companies

Pursuant to Rule 17f-2 [17 CFR 270.17f-2]

 

1. Investment Company Act File Number:   Date examination completed:
   
811-08839  

October 31, 2019

2. State Identification Number:
             AL   AK   AZ   AR   CA   CO
    CT   DE   DC   FL   GA   HI
    ID   IL   IN   IA   KS   KY
    LA   ME   MD   MA   MI   MN
    MS   MO   MT   NE   NV   NH
    NJ   NM   NY   NC   ND   OH
    OK   OR   PA   RI   SC   SD
    TN   TX   UT   VT   VA   WA
    WV   WI   WY   PUERTO RICO        
   

Other (specify):

 

                    
3. Exact name of investment company as specified in registration statement:
 
SPDR Series Trust
4. Address of principal executive office: (number, street, city, state, zip code)
 
One Iron Street, Boston, MA 02210

 

 

 

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Ernst & Young LLP

200 Clarendon Street

Boston, MA 02116

   

 

 

Tel: +1 617 266 2000

Fax: +1 617 266 5843

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Report of Independent Registered Public Accounting Firm

To the Board of Trustees of

SPDR Series Trust

We have examined management’s assertion, included in the accompanying Management Statement Regarding Compliance With Certain Provisions of the Investment Company Act of 1940, that the funds listed in Appendix A (collectively referred to as the “Funds”) (seventy-six of the funds constituting SPDR® Series Trust (the “Trust”)) complied with the requirements of subsections (b) and (c) of rule 17f-2 under the Investment Company Act of 1940 (the “Act”) as of October 31, 2019. Management is responsible for the Trust’s compliance with those requirements. Our responsibility is to express an opinion on management’s assertion about the Trust’s compliance based on our examination.

Our examination was conducted in accordance with the standards of the Public Company Accounting Oversight Board (United States) and, accordingly, included examining, on a test basis, evidence about the Trust’s compliance with those requirements and performing such other procedures as we considered necessary in the circumstances. Included among our procedures were the following tests performed as of October 31, 2019 and with respect to agreement of security purchases and sales, for the period from June 30, 2019 (the date of our last examination with respect to the Funds) through October 31, 2019:

 

  •  

Confirmation of all securities in book entry form held by the Depository Trust Company, Federal Reserve Bank and International Depositories;

 

  •  

Confirmation of all securities hypothecated, pledged, placed in escrow or out for transfer with brokers, pledgees or transfer agents;

 

  •  

Reconciliation of all securities between the books and records of the Funds and the Custodian;

 

  •  

Review of the reconciliation procedures performed by the Custodian at an omnibus level between the Depository Trust Company, Federal Reserve Bank and International Depositories and the books and records of the Custodian; and

 

  •  

Agreement of one security purchase and one security sale, for each Fund, since our last report from the books and records of the Funds to purchase and sales reports from the Funds’ administrator.

We believe that our examination provides a reasonable basis for our opinion. Our examination does not provide a legal determination on the Trust’s compliance with specified requirements.

In our opinion, management’s assertion that the Trust complied with the requirements of subsections (b) and (c) of rule 17f-2 of the Act as of October 31, 2019, with respect to securities reflected in the investment account of the Funds is fairly stated, in all material respects.

This report is intended solely for the information and use of management and the Board of Trustees of SPDR Series Trust and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties.

/s/ Ernst & Young LLP

Boston, Massachusetts

September 30, 2020

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Ernst & Young LLP

200 Clarendon Street

Boston, MA 02116

   

 

 

Tel: +1 617 266 2000

Fax: +1 617 266 5843

ey.com

Appendix A

SPDR Portfolio S&P 1500 Composite Stock Market ETF (formerly SPDR Portfolio Total Stock Market ETF)

SPDR Portfolio S&P 500 ETF (formerly SPDR Portfolio Large Cap ETF)

SPDR Portfolio S&P 600 Small Cap ETF (formerly SPDR Portfolio Small Cap ETF)

SPDR Russell 1000 Yield Focus ETF

SPDR Russell 1000 Momentum Focus ETF

SPDR Russell 1000 Low Volatility Focus ETF

SPDR Portfolio S&P 500 Growth ETF

SPDR Portfolio S&P 500 Value ETF

SPDR Portfolio S&P 500 High Dividend ETF

SPDR S&P 500 Fossil Fuel Reserves Free ETF

SPDR S&P 500 Buyback ETF

SPDR Portfolio S&P 400 Mid Cap ETF (formerly SPDR Portfolio Mid Cap ETF)

SPDR S&P 400 Mid Cap Growth ETF

SPDR S&P 400 Mid Cap Value ETF

SPDR S&P 600 Small Cap ETF

SPDR S&P 600 Small Cap Growth ETF

SPDR S&P 600 Small Cap Value ETF

SPDR Global Dow ETF

SPDR Dow Jones REIT ETF

SPDR S&P Bank ETF

SPDR S&P Capital Markets ETF

SPDR S&P Insurance ETF

SPDR S&P Regional Banking ETF

SPDR NYSE Technology ETF

SPDR S&P Technology Hardware ETF

SPDR S&P Dividend ETF

SPDR S&P Aerospace & Defense ETF

SPDR S&P Biotech ETF

SPDR S&P Health Care Equipment ETF

SPDR S&P Health Care Services ETF

SPDR S&P Homebuilders ETF

SPDR S&P Metals & Mining ETF

SPDR S&P Oil & Gas Equipment & Services ETF

SPDR S&P Oil & Gas Exploration & Production ETF

SPDR S&P Pharmaceuticals ETF

SPDR S&P Retail ETF

SPDR S&P Semiconductor ETF

SPDR S&P Software & Services ETF

SPDR S&P Telecom ETF

SPDR S&P Transportation ETF

SPDR S&P 1500 Value Tilt ETF

SPDR S&P 1500 Momentum Tilt ETF

SPDR SSGA US Large Cap Low Volatility Index ETF

SPDR SSGA US Small Cap Low Volatility Index ETF

SPDR MSCI USA StrategicFactors ETF

SPDR Wells Fargo Preferred Stock ETF

SPDR FactSet Innovative Technology ETF

SPDR SSGA Gender Diversity Index ETF

SPDR S&P Internet ETF

SPDR S&P Kensho Intelligent Structures ETF

SPDR S&P Kensho Smart Mobility ETF

SPDR S&P Kensho Future Security ETF

SPDR S&P Kensho New Economies Composite ETF

SPDR S&P Kensho Clean Power ETF

SPDR S&P Kensho Final Frontiers ETF

SPDR Bloomberg Barclays 1-3 Month T-Bill ETF

SPDR Portfolio TIPS ETF

SPDR Bloomberg Barclays 1-10 Year TIPS ETF

SPDR Portfolio Short Term Treasury ETF

SPDR Portfolio Intermediate Term Treasury ETF

SPDR Portfolio Long Term Treasury ETF

SPDR Portfolio Short Term Corporate Bond ETF

SPDR Portfolio Intermediate Term Corporate Bond ETF

SPDR Portfolio Long Term Corporate Bond ETF

SPDR Portfolio Corporate Bond ETF

SPDR Bloomberg Barclays Convertible Securities ETF

SPDR Portfolio Mortgage Backed Bond ETF

SPDR Portfolio Aggregate Bond ETF

SPDR Nuveen Bloomberg Barclays Municipal Bond ETF

SPDR Nuveen Bloomberg Barclays Short Term Municipal Bond ETF

SPDR Nuveen Bloomberg Barclays High Yield Municipal Bond ETF

SPDR Bloomberg Barclays High Yield Bond ETF

SPDR Bloomberg Barclays Short Term High Yield Bond ETF

SPDR Bloomberg Barclays Investment Grade Floating Rate ETF

SPDR Portfolio High Yield Bond ETF

SPDR Dorsey Wright Fixed Income Allocation ETF

Management Statement Regarding Compliance with Certain Provisions of the

Investment Company Act of 1940

September 30, 2020

We, as members of management of the funds listed in Appendix A (collectively referred to as the “Funds”) (seventy-six of the funds constituting SPDR® Series Trust (the “Trust”)), are responsible for complying with the requirements of subsections (b) and (c) of rule 17f-2, “Custody of Investments by Registered Management Investment Companies,” of the Investment Company Act of 1940 (the “Act”). We are also responsible for establishing and maintaining effective internal controls over compliance with those requirements. We have performed an evaluation of the Funds’ compliance with the requirements of subsections (b) and (c) of rule 17f-2 as of October 31, 2019, and from June 30, 2019 through October 31, 2019.

Based on this evaluation, we assert that the Funds were in compliance with the requirements of subsections (b) and (c) of rule 17f-2 of the Act as of October 31, 2019, and from June 30, 2019 through October 31, 2019, with respect to securities reflected in the investment account of the Funds.

SPDR Series Trust

By:

/s/ Bruce S. Rosenberg

Bruce S. Rosenberg

Treasurer

Appendix A

SPDR Portfolio S&P 1500 Composite Stock Market ETF (formerly SPDR Portfolio Total Stock Market ETF)

SPDR Portfolio S&P 500 ETF (formerly SPDR Portfolio Large Cap ETF)

SPDR Portfolio S&P 600 Small Cap ETF (formerly SPDR Portfolio Small Cap ETF)

SPDR Russell 1000 Yield Focus ETF

SPDR Russell 1000 Momentum Focus ETF

SPDR Russell 1000 Low Volatility Focus ETF

SPDR Portfolio S&P 500 Growth ETF

SPDR Portfolio S&P 500 Value ETF

SPDR Portfolio S&P 500 High Dividend ETF

SPDR S&P 500 Fossil Fuel Reserves Free ETF

SPDR S&P 500 Buyback ETF

SPDR Portfolio S&P 400 Mid Cap ETF (formerly SPDR Portfolio Mid Cap ETF)

SPDR S&P 400 Mid Cap Growth ETF

SPDR S&P 400 Mid Cap Value ETF

SPDR S&P 600 Small Cap ETF

SPDR S&P 600 Small Cap Growth ETF

SPDR S&P 600 Small Cap Value ETF

SPDR Global Dow ETF

SPDR Dow Jones REIT ETF

SPDR S&P Bank ETF

SPDR S&P Capital Markets ETF

SPDR S&P Insurance ETF

SPDR S&P Regional Banking ETF

SPDR NYSE Technology ETF

SPDR S&P Technology Hardware ETF

SPDR S&P Dividend ETF

SPDR S&P Aerospace & Defense ETF

SPDR S&P Biotech ETF

SPDR S&P Health Care Equipment ETF

SPDR S&P Health Care Services ETF

SPDR S&P Homebuilders ETF

SPDR S&P Metals & Mining ETF

SPDR S&P Oil & Gas Equipment & Services ETF

SPDR S&P Oil & Gas Exploration & Production ETF

SPDR S&P Pharmaceuticals ETF

SPDR S&P Retail ETF

SPDR S&P Semiconductor ETF

SPDR S&P Software & Services ETF

SPDR S&P Telecom ETF

SPDR S&P Transportation ETF

SPDR S&P 1500 Value Tilt ETF

SPDR S&P 1500 Momentum Tilt ETF

SPDR SSGA US Large Cap Low Volatility Index ETF

SPDR SSGA US Small Cap Low Volatility Index ETF

SPDR MSCI USA StrategicFactors ETF

SPDR Wells Fargo Preferred Stock ETF

SPDR FactSet Innovative Technology ETF

SPDR SSGA Gender Diversity Index ETF

SPDR S&P Internet ETF

SPDR S&P Kensho Intelligent Structures ETF

SPDR S&P Kensho Smart Mobility ETF

SPDR S&P Kensho Future Security ETF

SPDR S&P Kensho New Economies Composite ETF

SPDR S&P Kensho Clean Power ETF

SPDR S&P Kensho Final Frontiers ETF

SPDR Bloomberg Barclays 1-3 Month T-Bill ETF

SPDR Portfolio TIPS ETF

SPDR Bloomberg Barclays 1-10 Year TIPS ETF

SPDR Portfolio Short Term Treasury ETF

SPDR Portfolio Intermediate Term Treasury ETF

SPDR Portfolio Long Term Treasury ETF

SPDR Portfolio Short Term Corporate Bond ETF

SPDR Portfolio Intermediate Term Corporate Bond ETF

SPDR Portfolio Long Term Corporate Bond ETF

SPDR Portfolio Corporate Bond ETF

SPDR Bloomberg Barclays Convertible Securities ETF

SPDR Portfolio Mortgage Backed Bond ETF

SPDR Portfolio Aggregate Bond ETF

SPDR Nuveen Bloomberg Barclays Municipal Bond ETF

SPDR Nuveen Bloomberg Barclays Short Term Municipal Bond ETF

SPDR Nuveen Bloomberg Barclays High Yield Municipal Bond ETF

SPDR Bloomberg Barclays High Yield Bond ETF

SPDR Bloomberg Barclays Short Term High Yield Bond ETF

SPDR Bloomberg Barclays Investment Grade Floating Rate ETF

SPDR Portfolio High Yield Bond ETF

SPDR Dorsey Wright Fixed Income Allocation ETF