# EDGAR Filing Document

**Accession Number:** 0001064642
**File Stem:** 0001193125-23-064627
**Filing Date:** 2023-3
**Character Count:** 820184
**Document Hash:** f7c26376336c7bb059f903236fcb0ba6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-23-064627.hdr.sgml**: 20230308

**ACCESSION NUMBER**: 0001193125-23-064627

**CONFORMED SUBMISSION TYPE**: N-CSR

**PUBLIC DOCUMENT COUNT**: 11

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230308

**DATE AS OF CHANGE**: 20230308

**EFFECTIVENESS DATE**: 20230308

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SPDR SERIES TRUST
- **CENTRAL INDEX KEY:** 0001064642
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** MA

**FILING VALUES:**
- **FORM TYPE:** N-CSR
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08839
- **FILM NUMBER:** 23716758

**BUSINESS ADDRESS:**
- **STREET 1:** ONE LINCOLN STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02111
- **BUSINESS PHONE:** 617-664-1465

**MAIL ADDRESS:**
- **STREET 1:** ONE LINCOLN STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02111

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** STREETTRACKS SERIES TRUST
- **DATE OF NAME CHANGE:** 20000925

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** INDEX EXCHANGE LISTED SECURITIES TRUST
- **DATE OF NAME CHANGE:** 19980622

## Series and Classes Contracts Data

### SPDR(R) Bloomberg International Treasury Bond ETF (Series ID: S000018782)

| Class ID   | Class Name                                        | Ticker Symbol   |
|:---|:---|:---|
| C000051964 | SPDR(R) Bloomberg International Treasury Bond ETF | BWX             |

### SPDR(R) FTSE International Government Inflation-Protected Bond ETF (Series ID: S000018783)

| Class ID   | Class Name                                                         | Ticker Symbol   |
|:---|:---|:---|
| C000051965 | SPDR(R) FTSE International Government Inflation-Protected Bond ETF | WIP             |

### SPDR(R) Bloomberg Emerging Markets Local Bond ETF (Series ID: S000022631)

| Class ID   | Class Name                                        | Ticker Symbol   |
|:---|:---|:---|
| C000065485 | SPDR(R) Bloomberg Emerging Markets Local Bond ETF | EBND            |

### SPDR(R) Bloomberg Short Term International Treasury Bond ETF (Series ID: S000023655)

| Class ID   | Class Name                                                   | Ticker Symbol   |
|:---|:---|:---|
| C000069669 | SPDR(R) Bloomberg Short Term International Treasury Bond ETF | BWZ             |

### SPDR(R) Bloomberg International Corporate Bond ETF (Series ID: S000028947)

| Class ID   | Class Name                                         | Ticker Symbol   |
|:---|:---|:---|
| C000088912 | SPDR(R) Bloomberg International Corporate Bond ETF | IBND            |

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**SECURITIES AND EXCHANGE COMMISSION** 

**Washington, D.C. 20549** 

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**FORM N-CSR** 

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**CERTIFIED SHAREHOLDER REPORT OF REGISTERED** 

**MANAGEMENT INVESTMENT COMPANIES** 

**Investment Company Act file number: 811-08839** 

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## SPDR<sup>®</sup><sup></sup>SERIES TRUST
**(Exact name of registrant as specified in charter)** 

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**One Iron Street, Boston, Massachusetts 02210** 

**(Address of principal executive offices) (zip code)** 

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**Sean O'Malley, Esq.** 

**Senior Vice President and General Counsel** 

**c/o SSGA Funds Management, Inc.** 

**One Iron Street** 

**Boston, Massachusetts 02210** 

**(Name and address of agent for service)** 

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**Copy to:** 

**W. John McGuire, Esq.** 

**Morgan, Lewis & Bockius LLP** 

**1111 Pennsylvania Avenue, NW** 

**Washington, DC 20004** 

**Registrant's telephone number, including area code: (617) 664-1465** 

**Date of fiscal year end: December 31** 

**Date of reporting period: December 31, 2022** 

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**<u>Item 1. Reports to Shareholders.</u>**

(a) The Report to Shareholders is attached herewith.

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## Annual Report
December 31, 2022

## SPDR<sup>®</sup> Series Trust - Fixed Income Funds

---

| |
|:---|
| SPDR Bloomberg Emerging Markets Local Bond ETF |
| SPDR Bloomberg International Corporate Bond ETF |
| SPDR Bloomberg International Treasury Bond ETF |
| SPDR Bloomberg Short Term International Treasury Bond ETF |
| SPDR FTSE International Government Inflation-Protected Bond ETF |

---

**The information contained in this report is intended for the general information of shareholders of the Trust. This report is not authorized for distribution to prospective investors unless preceded or accompanied by a current Trust prospectus which contains important information concerning the Trust. You may obtain a current prospectus and SAI from the Distributor by calling 1-866-787-2257 or visiting *https://www.ssga.com/spdrs*. Please read the prospectus carefully before you invest.**<br> ![](g446363img05a3ba841.jpg)

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**TABLE OF CONTENTS**

---

| | |
|:---|:---|
| **[Notes to Performance Summaries (Unaudited)](#xx_2a77dc76-5a51-4042-8bc1-ffa951124cec_2)<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 |
| **[Management's Discussion of Fund Performance, Performance Summaries & Portfolio Statistics (Unaudited)](#xx_2a77dc76-5a51-4042-8bc1-ffa951124cec_3)** |  |
| &nbsp;&nbsp;&nbsp; [SPDR Bloomberg Emerging Markets Local Bond ETF (EBND)](#xx_2a77dc76-5a51-4042-8bc1-ffa951124cec_3)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2 |
| &nbsp;&nbsp;&nbsp; [SPDR Bloomberg International Corporate Bond ETF (IBND)](#xx_6e2b7871-5852-493e-b70b-f3543a943b3f_1)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5 |
| &nbsp;&nbsp;&nbsp; [SPDR Bloomberg International Treasury Bond ETF (BWX)](#xx_8dd67e60-6736-46e4-ab6f-e76825e9e62d_1)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8 |
| &nbsp;&nbsp;&nbsp; [SPDR Bloomberg Short Term International Treasury Bond ETF (BWZ)](#xx_45b21d86-7a61-4452-81c1-74dd49f32425_1)<br>| &nbsp;&nbsp;&nbsp;&nbsp;11 |
| &nbsp;&nbsp;&nbsp; [SPDR FTSE International Government Inflation-Protected Bond ETF (WIP)](#xx_9ad95bed-aa63-4120-92c4-44e55b422249_1)<br>| &nbsp;&nbsp;&nbsp;&nbsp;14 |
| **[Schedules of Investments](#xx_95de06a6-1904-44fb-9be3-06ec52ef1ab7_1)** |  |
| &nbsp;&nbsp;&nbsp; [SPDR Bloomberg Emerging Markets Local Bond ETF (EBND)](#xx_95de06a6-1904-44fb-9be3-06ec52ef1ab7_1)<br>| &nbsp;&nbsp;&nbsp;&nbsp;17 |
| &nbsp;&nbsp;&nbsp; [SPDR Bloomberg International Corporate Bond ETF (IBND)](#xx_8ce400f2-4a7f-4da7-b49b-1848188c793d_1)<br>| &nbsp;&nbsp;&nbsp;&nbsp;28 |
| &nbsp;&nbsp;&nbsp; [SPDR Bloomberg International Treasury Bond ETF (BWX)](#xx_36775810-12aa-4db3-8763-642443257075_1)<br>| &nbsp;&nbsp;&nbsp;&nbsp;45 |
| &nbsp;&nbsp;&nbsp; [SPDR Bloomberg Short Term International Treasury Bond ETF (BWZ)](#xx_8ecd9438-dab1-41b9-88cf-8a8d3d46431e_1)<br>| &nbsp;&nbsp;&nbsp;&nbsp;64 |
| &nbsp;&nbsp;&nbsp; [SPDR FTSE International Government Inflation-Protected Bond ETF (WIP)](#xx_dd2833d0-dac6-476c-ab9a-49244ad061bf_1)<br>| &nbsp;&nbsp;&nbsp;&nbsp;69 |
| **[Financial Statements](#xx_abb78ec6-d21f-4856-bf9f-33d50dd04407_1)<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;74 |
| **[Financial Highlights](#xx_5a4e979a-faa0-44fe-98a9-080bcab58f61_1)<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;82 |
| **[Notes to Financial Statements](#xx_5705f588-602d-475a-a1b9-8e0e50c5196c_1)<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;87 |
| **[Report of Independent Registered Public Accounting Firm](#xx_bb114424-f92c-4978-834c-7cd1a14c45d1_1)<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;97 |
| **[Other Information (Unaudited)](#xx_71a9cdd0-a29a-455f-8dbd-c7913e407f00_1)<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;99 |

---

**The information contained in this report is intended for the general information of shareholders of the Trust. This report is not authorized for distribution to prospective investors unless preceded or accompanied by a current Trust prospectus which contains important information concerning the Trust. You may obtain a current prospectus and SAI from the Distributor by calling 1-866-787-2257 or visiting *https://www.ssga.com/spdrs*. Please read the prospectus carefully before you invest.**

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[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

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[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

Notes to Performance Summaries (Unaudited)

The performance chart of a Fund's total return at net asset value ("NAV"), the total return based on market price and its benchmark index is provided for comparative purposes only and represents the periods noted. A Fund's per share NAV is the value of one share of a Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of a Fund and the market return is based on the market price per share of a Fund. The market price used to calculate the market return is determined by using the midpoint between the highest bid and the lowest offer on the exchange on which the shares of a Fund are listed for trading, as of the time that a Fund's NAV is calculated. NAV and market returns assume that dividends and capital gain distributions have been reinvested in a Fund at NAV. Market returns do not include brokerage commissions that may be payable on secondary market transactions. If brokerage commissions were included market returns would be lower.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities and therefore does not reflect deductions for fees or expenses. In comparison, a Fund's performance is negatively impacted by these deductions. Index returns reflect all items of income, gain and loss and the reinvestment of dividends and other income.

The Bloomberg EM Local Currency Government Diversified Index is designed to measure the performance of the fixed-rate local currency sovereign debt of emerging market countries. The index includes government bonds issued by investment grade and non-investment grade countries outside the United States, in local currencies, that have a remaining maturity of one year or more and are rated B3/B-/B- or higher using the middle rating of Moody's Investors Service, Inc., Standard & Poor's Financial Services, LLC and Fitch Inc., respectively.

The Bloomberg Global Aggregate ex-USD >$1B: Corporate Bond Index is designed to be a broad based measure of the global investment-grade, fixed rate, fixed income corporate markets outside the United States. The index is part of the Bloomberg Global ex-USD Aggregate Bond Index (the "Aggregate Index"). The major components of the Aggregate Index are the Pan-European Aggregate and the Asian Pacific Aggregate Indices. The securities in the index must have a $1 billion USD equivalent market capitalization outstanding and at least 1 year remaining. Securities must be fixed rate, although zero coupon bonds and step-ups are permitted. Additionally, securities must be rated investmen grade (Baa3/BBB-/BBB- or better) using the middle rating from Moody's Investors Service, Inc., Fitch Inc.,or Standard & Poor's Financial Services, LLC. after dropping the highest and lowest available ratings. If only two agencies rate a security, then the more conservative (lower) rating will be used. If only one rating agency rates a security, then that one rating will be used. Excluded from the index are subordinated debts, convertible securities, floating-rate notes, fixed-rate perpetuals, warrants, inflation-linked bonds and structured notes. The index is market capitalization weighted and the securities in the index are updated on the last business day of each month.

The Bloomberg Global Treasury ex-US Capped Index is designed to track the fixed-rate local currency sovereign debt of investment grade countries outside the United States. The index includes government bonds issued by investment grade countries outside the United States, in local currencies, that have a remaining maturity of one year or more and are rated investment grade (Baa3/BBB-/BBB-or higher using the middle rating of Moody's Investors Service, Inc., Standard & Poor's, Inc. and Fitch Inc., respectively). The index is calculated by Bloomberg Index Services Limited using a modified "market capitalization" methodology. This design ensures that each constituent country within the index is represented in a proportion consistent with its percentage with respect to the total market capitalization of the index. The index is rebalanced on a monthly basis.

The Bloomberg 1-3 Year Global Treasury ex-US Capped Index is designed to measure the performance of fixed-rate local currency sovereign debt of investment grade countries outside the United States that have remaining maturities of one to three years. The index includes government bonds issued by investment grade countries outside the United States, in local currencies, that have remaining maturities of one to three years and are rated investment grade (Baa3/BBB-/BBB- or higher using the middle rating of Moody's Investors Service, Inc., Standard & Poor's, Inc. and Fitch Inc., respectively). The securities in the index must be fixed-rate and have certain minimum amounts outstanding, depending upon the currency in which the bonds are denominated. The index is calculated by Bloomberg Index Services Limited using a modified "market capitalization" methodology. This design ensures that each constituent country within the index is represented in a proportion consistent with its percentage with respect to the total market capitalization of the index. Component securities in each constituent country are represented in a proportion consistent with their percentage relative to the other component securities in the constituent country. The securities in the index are updated monthly, on the last business day of each month.

The FTSE International Inflation-Linked Securities Select Index is designed to measure the total return performance of inflation-linked bonds outside the United States with fixed-rate coupon payments that are linked to an inflation index. Inflation-protected public obligations of the inflation-linked government bond markets of developed and emerging market countries, commonly known in the United States as TIPS, are securities issued by such governments that are designed to provide inflation protection to investors. The index includes government debt (direct obligations of the issuer country) but does not include quasi-government debt or corporate debt.<br>

*See accompanying notes to financial statements.*

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[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

SPDR BLOOMBERG EMERGING MARKETS LOCAL BOND ETF

MANAGEMENT'S DISCUSSION OF FUND PERFORMANCE (UNAUDITED)

The SPDR Bloomberg Emerging Markets Local Bond ETF (the "Fund") seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of an index that tracks the fixed-rate local currency sovereign debt of emerging market countries. The Fund's benchmark is the Bloomberg EM Local Currency Government Diversified Index (the "Index").

For the 12-month period ended December 31, 2022 (the "Reporting Period"), the total return for the Fund was –11.89%, and the Index was –12.73%. The Fund and Index returns reflect the reinvestment of dividends and other income. The Fund's performance reflects the expenses of managing the Fund, including brokerage and advisory expenses. The Index is unmanaged and Index returns do not reflect fees and expenses of any kind, which would have a negative impact on returns. Fees, expenses, cash drag, taxes, and sampling contributed to the difference between the Fund's performance and that of the Index.

Global concerns around heightened inflation, tighter financial conditions, and the war in Ukraine were the primary drivers of Fund performance during the Reporting Period. The Fund performed in line with expectations.

In order to reign in persistent inflation and overheated economies across the globe, countries' central banks began an about-face on previous easy monetary policy, with many embarking on aggressive rate hiking cycles. The European Central bank and Bank of England raised interest rates by 2.50% and 3.25% respectively. Even the Bank of Japan, notorious for uber-easy monetary policy, announced that it would allow benchmark yields to rise to 0.50%, from the previous ceiling of 0.25%. The effects of the hawkish pivot of developed market central banks spilled over into emerging market countries, tightening fiscal conditions and stalling growth, ultimately leading to negative returns.

The invasion of Ukraine by Russia in the first quarter of the year led to major index providers pricing Russia-related bonds at zero, essentially making them untradeable, before eventually dropping them from the index all together. The Fund exited positions in Russia sovereigns in advance of index exit at a non-zero price, leading to a small pick-up in performance relative to the Index.

Most emerging market debt sold off throughout the year before recovering slightly in the fourth quarter. On a country specific level, the top positive contributors to the Fund's performance on an absolute basis during the Reporting Period were Turkey, Brazil, and Chile bonds. The top negative contributors to the Fund's performance on an absolute basis during the Reporting Period were Egypt, Russia, and Hungary bonds.

The Fund used forwards to manage currency exposure during the Reporting Period. The use of forwards helped the Fund track the Index.

*The views expressed above reflect those of the Fund's portfolio manager only through the Reporting Period, and do not necessarily represent the views of the Adviser as a whole. Any such views are subject to change at any time based upon market or other conditions and the Adviser disclaims any responsibility to update such views. These views may not be relied on as investment advice and, because investment decisions for a fund are based on numerous factors, may not be relied on as an indication of trading intent on behalf of any fund.*

<br> *See accompanying notes to financial statements.*

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[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

SPDR Bloomberg Emerging Markets Local Bond ETF

Performance Summary (Unaudited)

Performance as of December 31, 2022

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Cumulative Total Return** | **Cumulative Total Return** | **Cumulative Total Return** | **Average Annual Total Return** | **Average Annual Total Return** | **Average Annual Total Return** |
| | Net <br> Asset<br> Value | Market <br> Value | Bloomberg EM Local Currency Government Diversified Index | Net <br> Asset<br> Value | Market <br> Value | Bloomberg EM Local Currency Government Diversified Index |
| ONE YEAR | (11.89)% | (11.75)% | (12.73)% | (11.89)% | (11.75)% | (12.73)% |
| FIVE YEARS | (14.19)% | (14.04)% | (12.85)% | &nbsp;&nbsp;(3.01)% | &nbsp;&nbsp;(2.98)% | &nbsp;&nbsp;&nbsp;(2.71)% |
| TEN YEARS | (16.98)% | (17.42)% | (12.27)% | &nbsp;&nbsp;(1.84)% | &nbsp;&nbsp;(1.90)% | &nbsp;&nbsp;&nbsp;(1.30)% |

---

Comparison of Change in Value of a $10,000 Investment<br> (Based on Net Asset Value)

![](g446363imgbcf4073e2.jpg)

Line graph is based on cumulative total return.

**The total expense ratio for SPDR Bloomberg Emerging Markets Local Bond ETF as stated in the Fees and Expenses table of the most recent prospectus is 0.30%.Please see the financial highlights for the total expense ratio for the fiscal period ended December 31, 2022.**

**Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Visit *https://www.ssga.com/spdrs* for most recent month-end performance. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption or sale of Fund shares. See "Notes to Performance Summaries" on page 1 for more information.**

<br> *See accompanying notes to financial statements.*

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[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

SPDR Bloomberg Emerging Markets Local Bond ETF

Portfolio Statistics (Unaudited)

Top Five Holdings as of December 31, 2022

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| | |
|:---|:---|
| &nbsp;&nbsp;Description | &nbsp;&nbsp;% of Net Assets |
| &nbsp;&nbsp;Brazil Letras do Tesouro Nacional<br> Zero Coupon, 1/1/2024 | &nbsp;&nbsp;1.5% |
| &nbsp;&nbsp;Brazil Letras do Tesouro Nacional<br> 10.00% 1/1/2025 | &nbsp;&nbsp;1.4 |
| &nbsp;&nbsp;Turkey Government Bond<br> 16.90% 9/2/2026 | &nbsp;&nbsp;0.9 |
| &nbsp;&nbsp;Brazil Letras do Tesouro Nacional<br> Zero Coupon, 1/1/2026 | &nbsp;&nbsp;0.8 |
| &nbsp;&nbsp;Bonos de la Tesoreria de la Republica en pesos<br> 5.80% 6/1/2024 | &nbsp;&nbsp;0.8 |
| &nbsp;&nbsp;TOTAL | &nbsp;&nbsp;5.4% |

---

(The five largest holdings are subject to change, and there are no guarantees the Fund will continue to remain invested in any particular company.)

Asset Allocation as of December 31, 2022

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| | |
|:---|:---|
|  | &nbsp;&nbsp;% of Net Assets |
| &nbsp;&nbsp;Foreign Government Obligations | &nbsp;&nbsp;&nbsp;&nbsp;97.9% |
| &nbsp;&nbsp;Corporate Bonds & Notes | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0 \* |
| &nbsp;&nbsp;Short-Term Investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.0 |
| &nbsp;&nbsp;Other Assets in Excess of Liabilities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.1 |
| &nbsp;&nbsp;TOTAL | &nbsp;&nbsp;100.0% |

---

\* Amount shown represents less than 0.05% of net assets.

Top Ten Countries as of December 31, 2022

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| | |
|:---|:---|
| &nbsp;&nbsp;Description | &nbsp;&nbsp;% of Total Investments |
| &nbsp;&nbsp;China | &nbsp;&nbsp;12.4% |
| &nbsp;&nbsp;South Korea | &nbsp;&nbsp;12.4 |
| &nbsp;&nbsp;Indonesia | &nbsp;&nbsp;&nbsp;&nbsp;8.7 |
| &nbsp;&nbsp;Malaysia | &nbsp;&nbsp;&nbsp;&nbsp;7.2 |
| &nbsp;&nbsp;Brazil | &nbsp;&nbsp;&nbsp;&nbsp;6.6 |
| &nbsp;&nbsp;Poland | &nbsp;&nbsp;&nbsp;&nbsp;4.4 |
| &nbsp;&nbsp;Thailand | &nbsp;&nbsp;&nbsp;&nbsp;4.3 |
| &nbsp;&nbsp;Czech Republic | &nbsp;&nbsp;&nbsp;&nbsp;4.2 |
| &nbsp;&nbsp;Israel | &nbsp;&nbsp;&nbsp;&nbsp;4.2 |
| &nbsp;&nbsp;Mexico | &nbsp;&nbsp;&nbsp;&nbsp;4.2 |
| &nbsp;&nbsp;TOTAL | &nbsp;&nbsp;68.6% |

---

(The Fund's asset allocation and sector breakdown are expressed as a percentage of net assets and total investments, respectively, and may change over time.)

*See accompanying notes to financial statements.*

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[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

SPDR BLOOMBERG INTERNATIONAL COPORATE BOND ETF

MANAGEMENT'S DISCUSSION OF FUND PERFORMANCE (UNAUDITED)

The SPDR Bloomberg International Corporate Bond ETF (the "Fund") seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of an index that tracks the investment grade corporate sector of the global bond market outside of the United States. The Fund's benchmark is the Bloomberg Global Aggregate ex-USD >$1B: Corporate Bond Index (the "Index").

For the 12-month period ended December 31, 2022 (the "Reporting Period"), the total return for the Fund was –19.86%, and the Index was –19.59%. The Fund and Index returns reflect the reinvestment of dividends and other income. The Fund's performance reflects the expenses of managing the Fund, including brokerage and advisory expenses. The Index is unmanaged and Index returns do not reflect fees and expenses of any kind, which would have a negative impact on returns. Fees, expenses, cash drag, tax withholdings, and sampling contributed to the difference between the Fund's performance and that of the index.

Global concerns around heightened inflation, changes in central bank policies, and the war in Ukraine were the primary drivers of Fund performance during the Reporting Period. The Fund performed in line with expectations.

In order to reign in persistent inflation and overheated economies across the globe, countries' central banks began an about-face on previous easy monetary policy, with many embarking on aggressive rate hiking cycles. The European Central bank and Bank of England raised interest rates by 2.50% and 3.25% respectively. Even the Bank of Japan, notorious for uber-easy monetary policy, announced that it would allow benchmark yields to rise to 0.50%, from the previous ceiling of 0.25%. The hawkish pivot of global central banks roiled corporate markets and sent spreads soaring, leading to negative returns within the sector.

The invasion of Ukraine by Russia in the first quarter of the year did not have a direct impact on Fund or Index performance as Russia corporate bonds were not held in the index previously. However, the war in Ukraine did have cascading effects on overall market sentiment as well as in the energy sector due to sanctions on Russian oil exports.

Most international corporate bonds sold off throughout the year before recovering slightly in the fourth quarter. On a country specific level, the top positive to the Fund's performance on an absolute basis during the Reporting Period were Eurozone, Portugal and Hong Kong corporate bonds. The top negative contributors to the Fund's performance on an absolute basis during the Reporting Period were Mexico, China and Luxembourg corporate bonds

The Fund did not invest in derivatives during the Reporting Period.

*The views expressed above reflect those of the Fund's portfolio manager only through the Reporting Period, and do not necessarily represent the views of the Adviser as a whole. Any such views are subject to change at any time based upon market or other conditions and the Adviser disclaims any responsibility to update such views. These views may not be relied on as investment advice and, because investment decisions for a fund are based on numerous factors, may not be relied on as an indication of trading intent on behalf of any fund.*

<br> *See accompanying notes to financial statements.*

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[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

SPDR Bloomberg International Corporate Bond ETF

Performance Summary (Unaudited)

Performance as of December 31, 2022

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Cumulative Total Return** | **Cumulative Total Return** | **Cumulative Total Return** | **Average Annual Total Return** | **Average Annual Total Return** | **Average Annual Total Return** |
| | Net <br> Asset<br> Value | Market <br> Value | Bloomberg Global Aggregate ex-USD >$1B: Corporate Bond Index | Net <br> Asset<br> Value | Market <br> Value | Bloomberg Global Aggregate ex-USD >$1B: Corporate Bond Index |
| ONE YEAR | (19.86)% | (19.46)% | (19.59)% | (19.86)% | (19.46)% | (19.59)% |
| FIVE YEARS | (19.77)% | (19.28)% | (17.89)% | &nbsp;&nbsp;&nbsp;(4.31)% | &nbsp;&nbsp;&nbsp;(4.19)% | &nbsp;&nbsp;&nbsp;(3.87)% |
| TEN YEARS | (17.09)% | (16.93)% | (13.18)% | &nbsp;&nbsp;&nbsp;(1.86)% | &nbsp;&nbsp;&nbsp;(1.84)% | &nbsp;&nbsp;&nbsp;(1.40)% |

---

Comparison of Change in Value of a $10,000 Investment<br> (Based on Net Asset Value)

![](g446363imga3d4fc823.jpg)

Line graph is based on cumulative total return.

**The total expense ratio for SPDR Bloomberg International Corporate Bond ETF as stated in the Fees and Expenses table of the most recent prospectus is 0.50%.Please see the financial highlights for the total expense ratio for the fiscal period ended December 31, 2022.**

**Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Visit *https://www.ssga.com/spdrs* for most recent month-end performance. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption or sale of Fund shares. See "Notes to Performance Summaries" on page 1 for more information.**

<br> *See accompanying notes to financial statements.*

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[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

SPDR Bloomberg International Corporate Bond ETF

Portfolio Statistics (Unaudited)

Top Five Holdings as of December 31, 2022

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| | |
|:---|:---|
| &nbsp;&nbsp;Description | &nbsp;&nbsp;% of Net Assets |
| &nbsp;&nbsp;Seven & i Holdings Co., Ltd.<br> 0.19% 12/19/2025 | &nbsp;&nbsp;0.5% |
| &nbsp;&nbsp;NTT Finance Corp.<br> 0.38% 9/20/2030 | &nbsp;&nbsp;0.5 |
| &nbsp;&nbsp;Orange SA<br> 8.13% 1/28/2033 | &nbsp;&nbsp;0.4 |
| &nbsp;&nbsp;UniCredit SpA<br> 2.20% 7/22/2027 | &nbsp;&nbsp;0.3 |
| &nbsp;&nbsp;Volkswagen International Finance NV<br> 1.88% 3/30/2027 | &nbsp;&nbsp;0.3 |
| &nbsp;&nbsp;TOTAL | &nbsp;&nbsp;2.0% |

---

(The five largest holdings are subject to change, and there are no guarantees the Fund will continue to remain invested in any particular company.)

Asset Allocation as of December 31, 2022

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;% of Net Assets |
| &nbsp;&nbsp;Corporate Bonds & Notes | &nbsp;&nbsp;&nbsp;&nbsp;98.3% |
| &nbsp;&nbsp;Short-Term Investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.3 |
| &nbsp;&nbsp;Liabilities in Excess of Other Assets | &nbsp;&nbsp;&nbsp;&nbsp;(4.6) |
| &nbsp;&nbsp;TOTAL | &nbsp;&nbsp;100.0% |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

SPDR BLOOMBERG INTERNATIONAL TREASURY BOND ETF

MANAGEMENT'S DISCUSSION OF FUND PERFORMANCE (UNAUDITED)

The SPDR Bloomberg International Treasury Bond ETF (the "Fund") seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of an index that tracks the fixed-rate local currency sovereign debt of investment grade countries outside the United States. The Fund's benchmark is the Bloomberg Global Treasury ex-US Capped Index (the "Index").

For the 12-month period ended December 31, 2022 (the "Reporting Period"), the total return for the Fund was –19.66%, and the Index was –19.44%. The Fund and Index returns reflect the reinvestment of dividends and other income. The Fund's performance reflects the expenses of managing the Fund, including brokerage and advisory expenses. The Index is unmanaged and index returns do not reflect fees and expenses of any kind, which would have a negative impact on returns. Fees, expenses, cash drag, tax withholdings, and sampling contributed to the difference between the Fund's performance and that of the Index.

Global concerns around heightened inflation, changes in central bank policies, and the war in Ukraine were the primary drivers of Fund performance during the Reporting Period. The Fund performed in line with expectations.

In order to reign in persistent inflation and overheated economies across the globe, countries' central banks began an about-face on previous easy monetary policy, with many embarking on aggressive rate hiking cycles. The European Central bank and Bank of England raised interest rates by 2.50% and 3.25% respectively. Even the Bank of Japan, notorious for uber-easy monetary policy, announced that it would allow benchmark yields to rise to 0.50%, from the previous ceiling of 0.25%. The hawkish pivot of global central banks roiled sovereign markets and sent yields soaring, leading to negative returns within the sector.

The invasion of Ukraine by Russia in the first quarter of the year led to major index providers pricing Russia-related bonds at zero, essentially making them untradeable, before eventually dropping them from the index all together. The Fund exited positions in Russia sovereigns in advance of index exit at a non-zero price, leading to a small pickup in performance relative to the index.

Most international sovereigns sold off throughout the year before recovering slightly in the fourth quarter. On a country specific level, the top positive contributors to the Fund's performance on an absolute basis during the Reporting Period were Russia, Chile and Mexico government bonds. The top negative contributors to the Fund's performance on an absolute basis during the Reporting Period were United Kingdom, Hungary and Latvia government bonds.

The Fund did not invest in derivatives during the Reporting Period.

*The views expressed above reflect those of the Fund's portfolio manager only through the Reporting Period, and do not necessarily represent the views of the Adviser as a whole. Any such views are subject to change at any time based upon market or other conditions and the Adviser disclaims any responsibility to update such views. These views may not be relied on as investment advice and, because investment decisions for a fund are based on numerous factors, may not be relied on as an indication of trading intent on behalf of any fund.*

<br> *See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

SPDR Bloomberg International Treasury Bond ETF

Performance Summary (Unaudited)

Performance as of December 31, 2022

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Cumulative Total Return** | **Cumulative Total Return** | **Cumulative Total Return** | **Average Annual Total Return** | **Average Annual Total Return** | **Average Annual Total Return** |
| | Net <br> Asset<br> Value | Market <br> Value | Bloomberg Global Treasury ex-US Capped Index | Net <br> Asset<br> Value | Market <br> Value | Bloomberg Global Treasury ex-US Capped Index |
| ONE YEAR | (19.66)% | (19.59)% | (19.44)% | (19.66)% | (21.50)% | (19.44)% |
| FIVE YEARS | (17.18)% | (16.74)% | (15.65)% | &nbsp;&nbsp;&nbsp;(3.70)% | &nbsp;&nbsp;&nbsp;(3.60)% | &nbsp;&nbsp;&nbsp;(3.35)% |
| TEN YEARS | (19.47)% | (19.16)% | (15.68)% | &nbsp;&nbsp;&nbsp;(2.14)% | &nbsp;&nbsp;&nbsp;(2.10)% | &nbsp;&nbsp;&nbsp;(1.69)% |

---

Comparison of Change in Value of a $10,000 Investment<br> (Based on Net Asset Value)

![](g446363img4c9a0afa4.jpg)

Line graph is based on cumulative total return.

**The total expense ratio for SPDR Bloomberg International Treasury Bond ETF as stated in the Fees and Expenses table of the most recent prospectus is 0.35%.Please see the financial highlights for the total expense ratio for the fiscal period ended December 31, 2022.**

**Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Visit *https://www.ssga.com/spdrs* for most recent month-end performance. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption or sale of Fund shares. See "Notes to Performance Summaries" on page 1 for more information.**

<br> *See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

SPDR Bloomberg International Treasury Bond ETF

Portfolio Statistics (Unaudited)

Top Five Holdings as of December 31, 2022

---

| | |
|:---|:---|
| &nbsp;&nbsp;Description | &nbsp;&nbsp;% of Net Assets |
| &nbsp;&nbsp;China Government Bond<br> 3.25% 11/22/2028 | &nbsp;&nbsp;0.8% |
| &nbsp;&nbsp;China Government Bond<br> 4.08% 10/22/2048 | &nbsp;&nbsp;0.7 |
| &nbsp;&nbsp;Japan Government Five Year Bond<br> 0.01% 6/20/2027 | &nbsp;&nbsp;0.4 |
| &nbsp;&nbsp;Korea Treasury Bond<br> 2.00% 3/10/2049 | &nbsp;&nbsp;0.4 |
| &nbsp;&nbsp;Japan Government 10 Year Bond<br> 0.10% 12/20/2031 | &nbsp;&nbsp;0.4 |
| &nbsp;&nbsp;TOTAL | &nbsp;&nbsp;2.7% |

---

(The five largest holdings are subject to change, and there are no guarantees the Fund will continue to remain invested in any particular company.)

Asset Allocation as of December 31, 2022

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;% of Net Assets |
| &nbsp;&nbsp;Foreign Government Obligations | &nbsp;&nbsp;&nbsp;&nbsp;99.3% |
| &nbsp;&nbsp;Short-Term Investment | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0 \* |
| &nbsp;&nbsp;Other Assets in Excess of Liabilities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.7 |
| &nbsp;&nbsp;TOTAL | &nbsp;&nbsp;100.0% |

---

\* Amount shown represents less than 0.05% of net assets.

Top Ten Countries as of December 31, 2022

---

| | |
|:---|:---|
| &nbsp;&nbsp;Description | &nbsp;&nbsp;% of Total Investments |
| &nbsp;&nbsp;Japan | &nbsp;&nbsp;23.4% |
| &nbsp;&nbsp;France | &nbsp;&nbsp;&nbsp;&nbsp;5.0 |
| &nbsp;&nbsp;United Kingdom | &nbsp;&nbsp;&nbsp;&nbsp;5.0 |
| &nbsp;&nbsp;South Korea | &nbsp;&nbsp;&nbsp;&nbsp;4.6 |
| &nbsp;&nbsp;China | &nbsp;&nbsp;&nbsp;&nbsp;4.6 |
| &nbsp;&nbsp;Italy | &nbsp;&nbsp;&nbsp;&nbsp;4.6 |
| &nbsp;&nbsp;Australia | &nbsp;&nbsp;&nbsp;&nbsp;4.6 |
| &nbsp;&nbsp;Canada | &nbsp;&nbsp;&nbsp;&nbsp;4.6 |
| &nbsp;&nbsp;Germany | &nbsp;&nbsp;&nbsp;&nbsp;4.6 |
| &nbsp;&nbsp;Spain | &nbsp;&nbsp;&nbsp;&nbsp;4.6 |
| &nbsp;&nbsp;TOTAL | &nbsp;&nbsp;65.6% |

---

(The Fund's asset allocation and top ten countries are expressed as a percentage of net assets and total investments, respectively, and may change over time.)

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

SPDR BLOOMBERG SHORT TERM INTERNATIONAL TREASURY BOND ETF

MANAGEMENT'S DISCUSSION OF FUND PERFORMANCE (UNAUDITED)

The SPDR Bloomberg Short Term International Treasury Bond ETF (the "Fund") seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of an index that tracks the short-term (1-3 year remaining maturity) fixed rate, investment grade debt issued by foreign governments of investment grade countries. The Fund's benchmark is the Bloomberg 1-3 Year Global Treasury ex-US Capped Index (the "Index").

For the 12-month period ended December 31, 2022 (the "Reporting Period"), the total return for the Fund was –11.07%, and the Index was –10.70%. The Fund and Index returns reflect the reinvestment of dividends and other income. The Fund's performance reflects the expenses of managing the Fund, including brokerage and advisory expenses. The Index is unmanaged and Index returns do not reflect fees and expenses of any kind, which would have a negative impact on returns. Fees, expenses, cash drag, tax withholdings, and sampling contributed to the difference between the Fund's performance and that of the index.

Global concerns around heightened inflation, changes in central bank policies, and the war in Ukraine were the primary drivers of Fund performance during the Reporting Period. The Fund performed in line with expectations.

In order to reign in persistent inflation and overheated economies across the globe, countries' central banks began an about-face on previous easy monetary policy, with many embarking on aggressive rate hiking cycles. The European Central bank and Bank of England raised interest rates by 2.50% and 3.25% respectively. Even the Bank of Japan, notorious for uber-easy monetary policy, announced that it would allow benchmark yields to rise to 0.50%, from the previous ceiling of 0.25%. The hawkish pivot of global central banks roiled sovereign markets and sent yields soaring, leading to negative returns within the sector.

The invasion of Ukraine by Russia in the first quarter of the year led to major index providers pricing Russia-related bonds at zero, essentially making them untradeable, before eventually dropping them from the index all together. The Fund exited positions in Russia sovereigns in advance of index exit at a non-zero price, leading to a small pickup in performance relative to the index.

Most international sovereigns sold off throughout the year before recovering slightly in the fourth quarter. On a country specific level, the top positive contributors to the Fund's performance on an absolute basis during the Reporting Period were Mexico, Peru, and Chile government bonds. The top negative contributors to the Fund's performance on an absolute basis during the Reporting Period were Russia, Turkey and Hungary government bonds.

The Fund did not invest in derivatives during the Reporting Period.

*The views expressed above reflect those of the Fund's portfolio manager only through the Reporting Period, and do not necessarily represent the views of the Adviser as a whole. Any such views are subject to change at any time based upon market or other conditions and the Adviser disclaims any responsibility to update such views. These views may not be relied on as investment advice and, because investment decisions for a fund are based on numerous factors, may not be relied on as an indication of trading intent on behalf of any fund.*

<br> *See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

SPDR Bloomberg Short Term International Treasury Bond ETF

Performance Summary (Unaudited)

Performance as of December 31, 2022

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Cumulative Total Return** | **Cumulative Total Return** | **Cumulative Total Return** | **Average Annual Total Return** | **Average Annual Total Return** | **Average Annual Total Return** |
| | Net <br> Asset<br> Value | Market <br> Value | Bloomberg 1-3 Year Global Treasury ex-US Capped Index | Net <br> Asset<br> Value | Market <br> Value | Bloomberg 1-3 Year Global Treasury ex-US Capped Index |
| ONE YEAR | (11.07)% | (10.56)% | (10.70)% | (11.07)% | (10.56)% | (10.70)% |
| FIVE YEARS | (13.88)% | (13.33)% | (12.07)% | &nbsp;&nbsp;(2.94)% | &nbsp;&nbsp;&nbsp;(2.82)% | &nbsp;&nbsp;&nbsp;(2.54)% |
| TEN YEARS | (23.90)% | (23.48)% | (20.80)% | &nbsp;&nbsp;(2.69)% | &nbsp;&nbsp;&nbsp;(2.64)% | &nbsp;&nbsp;&nbsp;(2.30)% |

---

Comparison of Change in Value of a $10,000 Investment<br> (Based on Net Asset Value)

![](g446363img04ff6f785.jpg)

Line graph is based on cumulative total return.

**The total expense ratio for SPDR Bloomberg Short Term International Treasury Bond ETF as stated in the Fees and Expenses table of the most recent prospectus is 0.35%.Please see the financial highlights for the total expense ratio for the fiscal period ended December 31, 2022.**

**Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Visit *https://www.ssga.com/spdrs* for most recent month-end performance. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption or sale of Fund shares. See "Notes to Performance Summaries" on page 1 for more information.**

<br> *See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

SPDR Bloomberg Short Term International Treasury Bond ETF

Portfolio Statistics (Unaudited)

Top Five Holdings as of December 31, 2022

---

| | |
|:---|:---|
| &nbsp;&nbsp;Description | &nbsp;&nbsp;% of Net Assets |
| &nbsp;&nbsp;Government of Japan 5 Year Bond<br> 0.10% 9/20/2024 | &nbsp;&nbsp;&nbsp;&nbsp;3.0% |
| &nbsp;&nbsp;Government of Japan 5 Year Bond<br> 0.10% 3/20/2024 | &nbsp;&nbsp;&nbsp;&nbsp;2.9 |
| &nbsp;&nbsp;Government of Japan 5 Year Bond<br> 0.10% 6/20/2025 | &nbsp;&nbsp;&nbsp;&nbsp;2.9 |
| &nbsp;&nbsp;Government of Japan 5 Year Bond<br> 0.10% 3/20/2025 | &nbsp;&nbsp;&nbsp;&nbsp;2.7 |
| &nbsp;&nbsp;Government of Japan 5 Year Bond<br> 0.10% 12/20/2025 | &nbsp;&nbsp;&nbsp;&nbsp;2.6 |
| &nbsp;&nbsp;TOTAL | &nbsp;&nbsp;14.1% |

---

(The five largest holdings are subject to change, and there are no guarantees the Fund will continue to remain invested in any particular company.)

Asset Allocation as of December 31, 2022

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;% of Net Assets |
| &nbsp;&nbsp;Foreign Government Obligations | &nbsp;&nbsp;&nbsp;&nbsp;99.1% |
| &nbsp;&nbsp;Other Assets in Excess of Liabilities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.9 |
| &nbsp;&nbsp;TOTAL | &nbsp;&nbsp;100.0% |

---

Top Ten Countries as of December 31, 2022

---

| | |
|:---|:---|
| &nbsp;&nbsp;Description | &nbsp;&nbsp;% of Total Investments |
| &nbsp;&nbsp;Japan | &nbsp;&nbsp;23.4% |
| &nbsp;&nbsp;Italy | &nbsp;&nbsp;&nbsp;&nbsp;5.2 |
| &nbsp;&nbsp;France | &nbsp;&nbsp;&nbsp;&nbsp;5.1 |
| &nbsp;&nbsp;South Korea | &nbsp;&nbsp;&nbsp;&nbsp;4.7 |
| &nbsp;&nbsp;China | &nbsp;&nbsp;&nbsp;&nbsp;4.6 |
| &nbsp;&nbsp;Australia | &nbsp;&nbsp;&nbsp;&nbsp;4.6 |
| &nbsp;&nbsp;Canada | &nbsp;&nbsp;&nbsp;&nbsp;4.6 |
| &nbsp;&nbsp;United Kingdom | &nbsp;&nbsp;&nbsp;&nbsp;4.6 |
| &nbsp;&nbsp;Germany | &nbsp;&nbsp;&nbsp;&nbsp;4.6 |
| &nbsp;&nbsp;Spain | &nbsp;&nbsp;&nbsp;&nbsp;4.5 |
| &nbsp;&nbsp;TOTAL | &nbsp;&nbsp;65.9% |

---

(The Fund's asset allocation and top ten countries are expressed as a percentage of net assets and total investments, respectively, and may change over time.)

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

SPDR FTSE INTERNATIONAL GOVERNMENT INFLATION-PROTECTION BOND ETF

MANAGEMENT'S DISCUSSION OF FUND PERFORMANCE (UNAUDITED)

The SPDR FTSE International Government Inflation-Protected Bond ETF (the "Fund") seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of an index that tracks the inflation protected sector of the global bond market outside the United States. The Fund's benchmark is the FTSE International Inflation-Linked Securities Select Index (the "Index").

For the 12-month period ended December 31, 2022 (the "Reporting Period"), the total return for the Fund was –15.41%, and the Index was –14.78%. The Fund and Index returns reflect the reinvestment of dividends and other income. The Fund's performance reflects the expenses of managing the Fund, including brokerage and advisory expenses. The Index is unmanaged and Index returns do not reflect fees and expenses of any kind, which would have a negative impact on returns. Fees, expenses, cash drag, tax withholdings and sampling contributed to the difference between the Fund's performance and that of the index.

Global concerns around heightened inflation, changes in central bank policies, and the war in Ukraine were the primary drivers of Fund performance during the Reporting Period. The Fund performed in line with expectations.

In order to reign in persistent inflation and overheated economies across the globe, countries' central banks began an about-face on previous easy monetary policy, with many embarking on aggressive rate hiking cycles. The European Central Bank and Bank of England raised interest rates by 2.50% and 3.25% respectively. Even the Bank of Japan, notorious for uber-easy monetary policy, announced that it would allow benchmark yields to rise to 0.50%, from the previous ceiling of 0.25%. The hawkish pivot of global central banks roiled sovereign markets and sent yields soaring, leading to negative returns within the sector.

The invasion of Ukraine by Russia in the first quarter of the year did not directly affect the Fund or Index performance as Russia inflation-linked government bonds were not a part of the index to begin with. However, the war in Ukraine had cascading effects on market sentiment that increased overall market volatility.

Most international sovereigns sold off throughout the year before recovering slightly in the fourth quarter. On a country specific level, the top positive contributors to the Fund's performance on an absolute basis during the Reporting Period were Turkey, Brazil and Eurozone government inflation-linked bonds. The top negative contributors to the Fund's performance on an absolute basis during the Reporting Period were Chile, United Kingdom and Israel government inflation-linked bonds.

The Fund did not invest in derivatives during the Reporting Period.

*The views expressed above reflect those of the Fund's portfolio manager only through the Reporting Period, and do not necessarily represent the views of the Adviser as a whole. Any such views are subject to change at any time based upon market or other conditions and the Adviser disclaims any responsibility to update such views. These views may not be relied on as investment advice and, because investment decisions for a fund are based on numerous factors, may not be relied on as an indication of trading intent on behalf of any fund.*

<br> *See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

SPDR FTSE International Government Inflation-Protected Bond ETF

Performance Summary (Unaudited)

Performance as of December 31, 2022

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Cumulative Total Return** | **Cumulative Total Return** | **Cumulative Total Return** | **Average Annual Total Return** | **Average Annual Total Return** | **Average Annual Total Return** |
| | Net <br> Asset<br> Value | Market <br> Value | FTSE International Inflation-Linked Securities Select Index | Net <br> Asset<br> Value | Market <br> Value | FTSE International Inflation-Linked Securities Select Index |
| ONE YEAR | (15.41)% | (15.44)% | (14.78)% | (15.41)% | (15.44)% | (14.78)% |
| FIVE YEARS<sup>(1) (2)</sup> | (10.14)% | (10.29)% | &nbsp;&nbsp;&nbsp;(7.44)% | &nbsp;&nbsp;&nbsp;(2.12)% | &nbsp;&nbsp;&nbsp;(2.15)% | &nbsp;&nbsp;&nbsp;(1.53)% |
| TEN YEARS<sup>(1) (2)</sup> | (10.41)% | (11.14)% | &nbsp;&nbsp;&nbsp;(5.19)% | &nbsp;&nbsp;&nbsp;(1.09)% | &nbsp;&nbsp;&nbsp;(1.17)% | &nbsp;&nbsp;&nbsp;(0.53)% |

---

(1) Effective
February 15, 2016, the Fund changed its benchmark index from the DB Global Government ex-US Inflation-Linked Securities Select Index. The Fund's performance in the tables is based on the Fund's prior investment strategy to track a different
benchmark index for periods prior to February 15, 2016.

(2) The
 FTSE International Inflation-Linked Securities Select Index (formerly, Citi International Inflation-Linked Securities Select Index) inception date is January 15, 2016. Index returns in the line graph below represent the Fund's prior benchmark
index from December 31, 2009 through February 14, 2016 and the FTSE International Inflation-Linked Securities Select Index (formerly, Citi International Inflation-Linked Securities Select Index from February 15, 2016 through December 31, 2022.

Comparison of Change in Value of a $10,000 Investment<br> (Based on Net Asset Value)

![](g446363imge15cb9de6.jpg)

Line graph is based on cumulative total return.

**The total expense ratio for SPDR FTSE International Government Inflation-Protected Bond ETF as stated in the Fees and Expenses table of the most recent prospectus is 0.50%.Please see the financial highlights for the total expense ratio for the fiscal period ended December 31, 2022.**

**Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Visit *https://www.ssga.com/spdrs* for most recent month-end performance. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption or sale of Fund shares. See "Notes to Performance Summaries" on page 1 for more information.**

<br> *See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

SPDR FTSE International Government Inflation-Protected Bond ETF

Portfolio Statistics (Unaudited)

Top Five Holdings as of December 31, 2022

---

| | |
|:---|:---|
| &nbsp;&nbsp;Description | &nbsp;&nbsp;% of Net Assets |
| &nbsp;&nbsp;Deutsche Bundesrepublik Inflation Linked Bond<br> 0.50% 4/15/2030 | &nbsp;&nbsp;1.6% |
| &nbsp;&nbsp;United Kingdom Gilt Inflation Linked<br> 0.13% 3/22/2024 | &nbsp;&nbsp;1.5 |
| &nbsp;&nbsp;United Kingdom Gilt Inflation Linked<br> 0.13% 8/10/2041 | &nbsp;&nbsp;1.4 |
| &nbsp;&nbsp;Deutsche Bundesrepublik Inflation Linked Bond<br> 0.10% 4/15/2026 | &nbsp;&nbsp;1.4 |
| &nbsp;&nbsp;Bonos de la Tesoreria de la Republica<br> 3.00% 1/1/2044 | &nbsp;&nbsp;1.3 |
| &nbsp;&nbsp;TOTAL | &nbsp;&nbsp;7.2% |

---

(The five largest holdings are subject to change, and there are no guarantees the Fund will continue to remain invested in any particular company.)

Asset Allocation as of December 31, 2022

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;% of Net Assets |
| &nbsp;&nbsp;Foreign Government Obligations | &nbsp;&nbsp;&nbsp;&nbsp;99.4% |
| &nbsp;&nbsp;Short-Term Investment | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.1 |
| &nbsp;&nbsp;Other Assets in Excess of Liabilities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.5 |
| &nbsp;&nbsp;TOTAL | &nbsp;&nbsp;100.0% |

---

Top Ten Countries as of December 31, 2022

---

| | |
|:---|:---|
| &nbsp;&nbsp;Description | &nbsp;&nbsp;% of Total Investments |
| &nbsp;&nbsp;United Kingdom | &nbsp;&nbsp;20.5% |
| &nbsp;&nbsp;France | &nbsp;&nbsp;&nbsp;&nbsp;7.9 |
| &nbsp;&nbsp;Brazil | &nbsp;&nbsp;&nbsp;&nbsp;7.5 |
| &nbsp;&nbsp;Chile | &nbsp;&nbsp;&nbsp;&nbsp;4.9 |
| &nbsp;&nbsp;Japan | &nbsp;&nbsp;&nbsp;&nbsp;4.9 |
| &nbsp;&nbsp;Turkey | &nbsp;&nbsp;&nbsp;&nbsp;4.7 |
| &nbsp;&nbsp;Mexico | &nbsp;&nbsp;&nbsp;&nbsp;4.7 |
| &nbsp;&nbsp;South Africa | &nbsp;&nbsp;&nbsp;&nbsp;4.7 |
| &nbsp;&nbsp;Spain | &nbsp;&nbsp;&nbsp;&nbsp;4.7 |
| &nbsp;&nbsp;Australia | &nbsp;&nbsp;&nbsp;&nbsp;4.6 |
| &nbsp;&nbsp;TOTAL | &nbsp;&nbsp;69.1% |

---

(The Fund's asset allocation and top ten countries are expressed as a percentage of net assets and total investments, respectively, and may change over time.)

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG EMERGING MARKETS LOCAL BOND ETF

#### SCHEDULE OF INVESTMENTS

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| **CORPORATE BONDS & NOTES — 0.0% (a)** | **CORPORATE BONDS & NOTES — 0.0% (a)** | **CORPORATE BONDS & NOTES — 0.0% (a)** |  |
| **SUPRANATIONAL — 0.0% (a)** | **SUPRANATIONAL — 0.0% (a)** | **SUPRANATIONAL — 0.0% (a)** |  |
| International Bank for Reconstruction & Development Series GDIF, 4.00%, 5/30/2023<br>| PEN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$901988 |
| **TOTAL CORPORATE BONDS & NOTES<br>(Cost $1,061,970)<br>**  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;901988 |
| **FOREIGN GOVERNMENT OBLIGATIONS — 97.9%** | **FOREIGN GOVERNMENT OBLIGATIONS — 97.9%** | **FOREIGN GOVERNMENT OBLIGATIONS — 97.9%** |  |
| **BRAZIL — 6.6%** | **BRAZIL — 6.6%** | **BRAZIL — 6.6%** |  |
| Brazil Letras do Tesouro Nacional: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series LTN, Zero Coupon, 7/1/2023<br>| BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2900000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;515386 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series LTN, Zero Coupon, 1/1/2024<br>| BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;189000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31590949 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series LTN, Zero Coupon, 4/1/2024<br>| BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6712546 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series LTN, Zero Coupon, 7/1/2024<br>| BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16129278 |
| &nbsp;&nbsp;&nbsp;&nbsp; Zero Coupon, 10/1/2024<br>| BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3832447 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series LTN, Zero Coupon, 1/1/2025<br>| BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4234721 |
| &nbsp;&nbsp;&nbsp;&nbsp; Zero Coupon, 1/1/2026<br>| BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;137000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18084259 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series NTNF, 10.00%, 1/1/2025<br>| BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;166450000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30085440 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series NTNF, 10.00%, 1/1/2027<br>| BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74075000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12905365 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series NTNF, 10.00%, 1/1/2029<br>| BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58890000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9921950 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series NTNF, 10.00%, 1/1/2031<br>| BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6574112 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series NTNF, 10.00%, 1/1/2033<br>| BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1713149 |
| Brazilian Government International Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.50%, 1/5/2024<br>| BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63229 |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.25%, 1/10/2028<br>| BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;174959 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142537790 |
| **CHILE — 3.4%** | **CHILE — 3.4%** | **CHILE — 3.4%** |  |
| Bonos de la Tesoreria de la Republica en pesos: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 10/1/2028 (b)<br>| CLP | &nbsp;&nbsp;&nbsp;&nbsp;5535000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5426437 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 3/1/2025<br>| CLP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;490000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;518287 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 10/1/2033 (b)<br>| CLP | &nbsp;&nbsp;&nbsp;&nbsp;1000000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;949317 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 3/1/2023 (b)<br>| CLP | &nbsp;&nbsp;&nbsp;&nbsp;2135000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2479947 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 3/1/2026<br>| CLP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;715000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;801919 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 9/1/2030 (b)<br>| CLP | &nbsp;&nbsp;10640000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12026327 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/1/2028 (b)<br>| CLP | &nbsp;&nbsp;&nbsp;&nbsp;4600000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5224933 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 3/1/2035<br>| CLP | &nbsp;&nbsp;&nbsp;11875000000 | &nbsp;&nbsp;&nbsp;&nbsp;$13779887 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 7/15/2050<br>| CLP | &nbsp;&nbsp;&nbsp;&nbsp;2470000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2887017 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 6/1/2024 (b)<br>| CLP | &nbsp;&nbsp;14770000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16946512 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 30YR, 6.00%, 1/1/2043<br>| CLP | &nbsp;&nbsp;&nbsp;&nbsp;9715000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12579456 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73620039 |
| **CHINA — 12.4%** | **CHINA — 12.4%** | **CHINA — 12.4%** |  |
| China Development Bank: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1903, 3.30%, 2/1/2024<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3054556 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1908, 3.42%, 7/2/2024<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;919868 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1518, 3.74%, 9/10/2025<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;296229 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1605, 3.80%, 1/25/2036<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;987749 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1510, 4.21%, 4/13/2025<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1342556 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1708, 4.30%, 8/21/2024<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1481178 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1805, 4.88%, 2/9/2028<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;472592 |
| China Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.99%, 9/15/2024<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3290512 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series INBK, 1.99%, 4/9/2025<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6123373 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.18%, 6/25/2024<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1435011 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.18%, 8/25/2025<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6858882 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.24%, 5/25/2025<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3726401 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series INBK, 2.26%, 2/24/2025<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8302409 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series INBK, 2.28%, 3/17/2024<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9202661 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.28%, 11/25/2025<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1434851 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series INBK, 2.37%, 1/20/2027<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4054813 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.44%, 10/15/2027<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5690484 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series INBK, 2.47%, 9/2/2024<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2879956 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series INBK, 2.48%, 4/15/2027<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4986955 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 7/25/2027<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2707513 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%, 9/1/2032<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1406505 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series INBK, 2.62%, 9/25/2029<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1419373 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series INBK, 2.68%, 5/21/2030<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6527094 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series INBK, 2.69%, 8/12/2026<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69920000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10072043 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.69%, 8/15/2032<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4248774 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 6/15/2029<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3441000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series INBK, 2.75%, 2/17/2032<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6103028 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.76%, 5/15/2032<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2137455 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG EMERGING MARKETS LOCAL BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series INBK, 2.80%, 3/24/2029<br>| CNY | &nbsp;&nbsp;20000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2878433 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series INBK, 2.84%, 4/8/2024<br>| CNY | &nbsp;&nbsp;55000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7961865 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series INBK, 2.85%, 6/4/2027<br>| CNY | &nbsp;&nbsp;30000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4345681 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series INBK, 2.89%, 11/18/2031<br>| CNY | &nbsp;&nbsp;30500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4381480 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1610, 2.90%, 5/5/2026<br>| CNY | &nbsp;&nbsp;10000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1453710 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series INBK, 2.91%, 10/14/2028<br>| CNY | &nbsp;&nbsp;30000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4351254 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1913, 2.94%, 10/17/2024<br>| CNY | &nbsp;&nbsp;21000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3049235 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series INBK, 3.01%, 5/13/2028<br>| CNY | &nbsp;&nbsp;38000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5537720 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series INBK, 3.02%, 10/22/2025<br>| CNY | &nbsp;&nbsp;34000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4963218 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series INBK, 3.02%, 5/27/2031<br>| CNY | &nbsp;&nbsp;46000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6691030 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series INBK, 3.03%, 3/11/2026<br>| CNY | &nbsp;&nbsp;37000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5403180 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1916, 3.12%, 12/5/2026<br>| CNY | &nbsp;&nbsp;42600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6258034 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1915, 3.13%, 11/21/2029<br>| CNY | &nbsp;&nbsp;53000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7782856 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1904, 3.19%, 4/11/2024<br>| CNY | &nbsp;&nbsp;27000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3927632 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1828, 3.22%, 12/6/2025<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;7790000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1144427 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1907, 3.25%, 6/6/2026<br>| CNY | &nbsp;&nbsp;29800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4385227 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1827, 3.25%, 11/22/2028<br>| CNY | &nbsp;&nbsp;10000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1478854 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series INBK, 3.27%, 11/19/2030<br>| CNY | &nbsp;&nbsp;37000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5494354 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1619, 3.27%, 8/22/2046<br>| CNY | &nbsp;&nbsp;15000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2141525 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series INBK, 3.28%, 12/3/2027<br>| CNY | &nbsp;&nbsp;35400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5230205 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1906, 3.29%, 5/23/2029<br>| CNY | &nbsp;&nbsp;34600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5145429 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series INBK, 3.32%, 4/15/2052<br>| CNY | &nbsp;&nbsp;10000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1468346 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series INBK, 3.39%, 3/16/2050<br>| CNY | &nbsp;&nbsp;29000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4249901 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 7/15/2072<br>| CNY | &nbsp;&nbsp;10000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1457266 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1626, 3.48%, 11/21/2066<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;6700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;992911 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1710, 3.52%, 5/4/2027<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;5000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;746274 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1608, 3.52%, 4/25/2046<br>| CNY | &nbsp;&nbsp;&nbsp;11000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1637256 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series INBK, 3.53%, 10/18/2051<br>| CNY | &nbsp;&nbsp;40000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6042493 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1819, 3.54%, 8/16/2028<br>| CNY | &nbsp;&nbsp;10000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1509295 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series INBK, 3.72%, 4/12/2051<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$3120129 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series INBK, 3.73%, 5/25/2070<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5487413 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1521, 3.74%, 9/22/2035<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2752436 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1525, 3.74%, 10/20/2045<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2064282 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series INBK, 3.76%, 3/22/2071<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3329247 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1705, 3.77%, 2/20/2047<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2029192 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series INBK, 3.81%, 9/14/2050<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4579795 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1910, 3.86%, 7/22/2049<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4209077 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1023, 3.96%, 7/29/2040<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2919670 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1817, 3.97%, 7/23/2048<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1617517 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1908, 4.00%, 6/24/2069<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1486215 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1715, 4.05%, 7/24/2047<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2436354 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1003, 4.08%, 3/1/2040<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;821226 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1824, 4.08%, 10/22/2048<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4164694 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1508, 4.09%, 4/27/2035<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;159947 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1806, 4.22%, 3/19/2048<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1334302 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1722, 4.28%, 10/23/2047<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;548063 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1116, 4.50%, 6/23/2041<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3655303 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2417, 4.63%, 8/11/2034<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2862796 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1319, 4.76%, 9/16/2043<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;360813 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;266651383 |
| **COLOMBIA — 3.8%** | **COLOMBIA — 3.8%** | **COLOMBIA — 3.8%** |  |
| Colombia Government International Bond 9.85%, 6/28/2027<br>| COP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;115000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20885 |
| Colombian TES: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series B, 5.75%, 11/3/2027<br>| COP | &nbsp;&nbsp;27750000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4328749 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series B, 6.00%, 4/28/2028<br>| COP | &nbsp;&nbsp;70015000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10773392 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series B, 6.25%, 11/26/2025<br>| COP | &nbsp;&nbsp;68875000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12151336 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series B, 6.25%, 7/9/2036<br>| COP | &nbsp;&nbsp;&nbsp;11300000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1340447 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series B, 7.00%, 3/26/2031<br>| COP | &nbsp;&nbsp;81850000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11907243 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG EMERGING MARKETS LOCAL BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series B, 7.00%, 6/30/2032<br>| COP | &nbsp;&nbsp;62464000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$8750257 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series B, 7.25%, 10/18/2034<br>| COP | &nbsp;&nbsp;34525000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4683134 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series B, 7.25%, 10/26/2050<br>| COP | &nbsp;&nbsp;30600000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3577387 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series B, 7.50%, 8/26/2026<br>| COP | &nbsp;&nbsp;74702000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13153554 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series B, 7.75%, 9/18/2030<br>| COP | &nbsp;&nbsp;21800000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3376568 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series B, 9.25%, 5/28/2042<br>| COP | &nbsp;&nbsp;47400000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7059408 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series B, 10.00%, 7/24/2024<br>| COP | &nbsp;&nbsp;&nbsp;&nbsp;5530000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1110572 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82232932 |
| **CZECH REPUBLIC — 4.2%** | **CZECH REPUBLIC — 4.2%** | **CZECH REPUBLIC — 4.2%** |  |
| Czech Republic Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 130, 0.05%, 11/29/2029<br>| CZK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61550000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1923030 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 100, 0.25%, 2/10/2027<br>| CZK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;217730000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7868950 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 94, 0.95%, 5/15/2030<br>| CZK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;269280000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8862658 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 95, 1.00%, 6/26/2026<br>| CZK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185930000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7101028 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 121, 1.20%, 3/13/2031<br>| CZK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;182570000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5961436 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 120, 1.25%, 2/14/2025<br>| CZK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;280390000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11344694 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 125, 1.50%, 4/24/2040<br>| CZK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29460000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;777113 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 138, 1.75%, 6/23/2032<br>| CZK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6540000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;216729 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 142, 1.95%, 7/30/2037<br>| CZK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1839873 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 103, 2.00%, 10/13/2033<br>| CZK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;259550000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8600518 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 89, 2.40%, 9/17/2025<br>| CZK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;182700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7474458 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 78, 2.50%, 8/25/2028<br>| CZK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;238700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9132237 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 105, 2.75%, 7/23/2029<br>| CZK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3708322 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 145, 3.50%, 5/30/2035<br>| CZK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2277307 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 49, 4.20%, 12/4/2036<br>| CZK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;128380000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5219266 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 53, 4.85%, 11/26/2057<br>| CZK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;527174 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 8Y, 5.00%, 9/30/2030<br>| CZK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1788351 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 6Y, 5.50%, 12/12/2028<br>| CZK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4121951 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 58, 5.70%, 5/25/2024<br>| CZK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52540000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2322652 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91067747 |
| **HUNGARY — 3.5%** | **HUNGARY — 3.5%** | **HUNGARY — 3.5%** |  |
| Hungary Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 26/E, 1.50%, 4/22/2026 (c)<br>| HUF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3571180000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7141566 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 26/F, 1.50%, 8/26/2026 (c)<br>| HUF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2405000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4672940 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 29/A, 2.00%, 5/23/2029 (c)<br>| HUF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1831220000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3242560 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 33/A, 2.25%, 4/20/2033 (c)<br>| HUF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;929670000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1433838 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 34/A, 2.25%, 6/22/2034<br>| HUF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2237500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3294083 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 24/C, 2.50%, 10/24/2024<br>| HUF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2542600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5800556 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 26/D, 2.75%, 12/22/2026 (c)<br>| HUF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3938000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7887152 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 24/B, 3.00%, 6/26/2024<br>| HUF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;979170000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2296980 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 27/A, 3.00%, 10/27/2027<br>| HUF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1580970000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3059412 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 30/A, 3.00%, 8/21/2030<br>| HUF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4357500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7783459 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 38/A, 3.00%, 10/27/2038<br>| HUF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2203760000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3102864 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 41/A, 3.00%, 4/25/2041<br>| HUF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;868900000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1131697 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 31/A, 3.25%, 10/22/2031<br>| HUF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1219870000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2129151 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 28/B, 4.50%, 3/23/2028<br>| HUF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2380000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4907155 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 32/A, 4.75%, 11/24/2032 (c)<br>| HUF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1470000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2832523 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 25/B, 5.50%, 6/24/2025<br>| HUF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3084620000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7192057 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 23/A, 6.00%, 11/24/2023 (c)<br>| HUF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 28/A, 6.75%, 10/22/2028 (c)<br>| HUF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2744500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6326936 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74234954 |
| **INDONESIA — 8.7%** | **INDONESIA — 8.7%** | **INDONESIA — 8.7%** |  |
| Indonesia Treasury Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR90, 5.13%, 4/15/2027<br>| &nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;&nbsp;44000000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2717896 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR86, 5.50%, 4/15/2026<br>| &nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;110900000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6977777 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR64, 6.13%, 5/15/2028<br>| &nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;113750000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7145445 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR88, 6.25%, 6/15/2036<br>| &nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;&nbsp;20000000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1202691 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR91, 6.38%, 4/15/2032<br>| &nbsp;&nbsp;IDR | &nbsp;&nbsp;135000000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8339952 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG EMERGING MARKETS LOCAL BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR93, 6.38%, 7/15/2037<br>| IDR | &nbsp;&nbsp;&nbsp;&nbsp;35000000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2162457 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR62, 6.38%, 4/15/2042<br>| IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1700000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97938 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR81, 6.50%, 6/15/2025<br>| IDR | &nbsp;&nbsp;&nbsp;112000000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7255439 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR87, 6.50%, 2/15/2031<br>| IDR | &nbsp;&nbsp;151700000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9457193 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR65, 6.63%, 5/15/2033<br>| IDR | &nbsp;&nbsp;&nbsp;&nbsp;60000000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3747522 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR89, 6.88%, 8/15/2051<br>| IDR | &nbsp;&nbsp;&nbsp;&nbsp;36000000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2205441 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR59, 7.00%, 5/15/2027<br>| IDR | &nbsp;&nbsp;&nbsp;118000000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7760472 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR82, 7.00%, 9/15/2030<br>| IDR | &nbsp;&nbsp;132600000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8598833 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR96, 7.00%, 2/15/2033<br>| IDR | &nbsp;&nbsp;&nbsp;&nbsp;65000000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4181628 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR92, 7.13%, 6/15/2042<br>| IDR | &nbsp;&nbsp;&nbsp;&nbsp;95000000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6110756 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR97, 7.13%, 6/15/2043<br>| IDR | &nbsp;&nbsp;&nbsp;&nbsp;11000000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;706600 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR76, 7.38%, 5/15/2048<br>| IDR | &nbsp;&nbsp;&nbsp;&nbsp;56700000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3668791 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR74, 7.50%, 8/15/2032<br>| IDR | &nbsp;&nbsp;&nbsp;&nbsp;51300000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3409156 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR80, 7.50%, 6/15/2035<br>| IDR | &nbsp;&nbsp;&nbsp;&nbsp;70600000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4671226 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR75, 7.50%, 5/15/2038<br>| IDR | &nbsp;&nbsp;&nbsp;&nbsp;56910000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3762016 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR83, 7.50%, 4/15/2040<br>| IDR | &nbsp;&nbsp;&nbsp;&nbsp;98500000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6499697 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR85, 7.75%, 4/15/2031<br>| IDR | &nbsp;&nbsp;&nbsp;&nbsp;11000000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;739104 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR77, 8.13%, 5/15/2024<br>| IDR | &nbsp;&nbsp;&nbsp;&nbsp;70100000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4643964 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR78, 8.25%, 5/15/2029<br>| IDR | &nbsp;&nbsp;&nbsp;&nbsp;98150000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6787483 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR58, 8.25%, 6/15/2032<br>| IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3710000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;258242 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR72, 8.25%, 5/15/2036<br>| IDR | &nbsp;&nbsp;&nbsp;&nbsp;55090000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3858149 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR70, 8.38%, 3/15/2024<br>| IDR | &nbsp;&nbsp;105600000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7004482 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR56, 8.38%, 9/15/2026<br>| IDR | &nbsp;&nbsp;&nbsp;&nbsp;94300000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6470276 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR68, 8.38%, 3/15/2034<br>| IDR | &nbsp;&nbsp;&nbsp;&nbsp;97700000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6867018 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR79, 8.38%, 4/15/2039<br>| IDR | &nbsp;&nbsp;&nbsp;&nbsp;81000000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5754950 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR73, 8.75%, 5/15/2031<br>| IDR | &nbsp;&nbsp;&nbsp;&nbsp;69050000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4942303 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR67, 8.75%, 2/15/2044<br>| IDR | &nbsp;&nbsp;&nbsp;&nbsp;47050000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3423007 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR71, 9.00%, 3/15/2029<br>| IDR | &nbsp;&nbsp;&nbsp;&nbsp;86000000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6147971 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR57, 9.50%, 5/15/2041<br>| IDR | &nbsp;&nbsp;&nbsp;&nbsp;1000000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$76060 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR45, 9.75%, 5/15/2037<br>| IDR | &nbsp;&nbsp;&nbsp;&nbsp;1250000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97024 |
| Perusahaan Penerbit SBSN Indonesia: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series PBS, 4.00%, 7/15/2024<br>| IDR | &nbsp;&nbsp;30000000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1863120 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series PBS, 4.88%, 7/15/2026<br>| IDR | &nbsp;&nbsp;82000000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5019006 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series PBS, 5.38%, 8/15/2025<br>| IDR | &nbsp;&nbsp;10000000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;628853 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 7/15/2028<br>| IDR | &nbsp;&nbsp;&nbsp;&nbsp;2338000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;147197 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series PBS, 6.13%, 10/15/2025<br>| IDR | &nbsp;&nbsp;33000000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2107253 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series PBS, 6.38%, 3/15/2034<br>| IDR | &nbsp;&nbsp;77522000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4666558 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series PBS, 6.50%, 6/15/2039<br>| IDR | &nbsp;&nbsp;&nbsp;&nbsp;9000000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;536299 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series PBS, 6.63%, 10/15/2024<br>| IDR | &nbsp;&nbsp;66000000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4268584 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series PBS, 6.75%, 6/15/2047<br>| IDR | &nbsp;&nbsp;41875000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2507725 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series PBS, 7.75%, 10/15/2046<br>| IDR | &nbsp;&nbsp;23000000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1544394 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series PBS, 8.88%, 11/15/2031<br>| IDR | &nbsp;&nbsp;74200000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5326459 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186364407 |
| **ISRAEL — 4.2%** | **ISRAEL — 4.2%** | **ISRAEL — 4.2%** |  |
| Israel Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1024, 0.40%, 10/31/2024<br>| ILS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6542600 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0425, 0.50%, 4/30/2025<br>| ILS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6767364 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0226, 0.50%, 2/27/2026<br>| ILS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8732675 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0330, 1.00%, 3/31/2030<br>| ILS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6888446 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0537, 1.50%, 5/31/2037<br>| ILS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8472690 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0825, 1.75%, 8/31/2025<br>| ILS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22980000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6191272 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0327, 2.00%, 3/31/2027<br>| ILS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38850000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10280758 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0928, 2.25%, 9/28/2028<br>| ILS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36495000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9575895 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1152, 2.80%, 11/29/2052<br>| ILS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1192714 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0324, 3.75%, 3/31/2024<br>| ILS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26950000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7604391 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0347, 3.75%, 3/31/2047<br>| ILS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37125000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10527248 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0142, 5.50%, 1/31/2042<br>| ILS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17710000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6406025 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG EMERGING MARKETS LOCAL BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1026, 6.25%, 10/30/2026<br>| &nbsp;&nbsp;&nbsp;ILS | &nbsp;&nbsp;&nbsp;&nbsp;5225000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1612407 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90794485 |
| **MALAYSIA — 7.2%** | **MALAYSIA — 7.2%** | **MALAYSIA — 7.2%** |  |
| Malaysia Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0220, 2.63%, 4/15/2031<br>| MYR | &nbsp;&nbsp;15800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3234788 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0319, 3.48%, 6/14/2024<br>| MYR | &nbsp;&nbsp;13000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2940096 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0307, 3.50%, 5/31/2027<br>| MYR | &nbsp;&nbsp;23670000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5293893 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0122, 3.58%, 7/15/2032<br>| MYR | &nbsp;&nbsp;12300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2680143 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0513, 3.73%, 6/15/2028<br>| MYR | &nbsp;&nbsp;28150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6314369 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0519, 3.76%, 5/22/2040<br>| MYR | &nbsp;&nbsp;15330000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3213755 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0419, 3.83%, 7/5/2034<br>| MYR | &nbsp;&nbsp;17350000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3813084 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0413, 3.84%, 4/15/2033<br>| MYR | &nbsp;&nbsp;12860000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2849230 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0118, 3.88%, 3/14/2025<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;7700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1755862 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0212, 3.89%, 3/15/2027<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136372 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0219, 3.89%, 8/15/2029<br>| MYR | &nbsp;&nbsp;16805000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3787524 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0316, 3.90%, 11/30/2026<br>| MYR | &nbsp;&nbsp;26605000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6054306 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0417, 3.90%, 11/16/2027<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;3530000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;802532 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0119, 3.91%, 7/15/2026<br>| MYR | &nbsp;&nbsp;17540000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3996155 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0115, 3.96%, 9/15/2025<br>| MYR | &nbsp;&nbsp;37912000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8648904 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0217, 4.06%, 9/30/2024<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;915000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;208813 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0120, 4.07%, 6/15/2050<br>| MYR | &nbsp;&nbsp;24800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5134304 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0412, 4.13%, 4/15/2032<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;182214 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0114, 4.18%, 7/15/2024<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;4462000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1019104 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0415, 4.25%, 5/31/2035<br>| MYR | &nbsp;&nbsp;14650000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3337619 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0322, 4.50%, 4/30/2029<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;8300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1934079 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0318, 4.64%, 11/7/2033<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;9430000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2230937 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0222, 4.70%, 10/15/2042<br>| MYR | &nbsp;&nbsp;&nbsp;11000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2595650 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0216, 4.74%, 3/15/2046<br>| MYR | &nbsp;&nbsp;10425000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2426735 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0317, 4.76%, 4/7/2037<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;9975000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2378692 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3/05, 4.84%, 7/15/2025<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$39585 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0418, 4.89%, 6/8/2038<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;5750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1388525 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0518, 4.92%, 7/6/2048<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;8500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2011090 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0713, 4.94%, 9/30/2043<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;9550000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2302167 |
| Malaysia Government Investment Issue: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0120, 3.42%, 9/30/2027<br>| MYR | &nbsp;&nbsp;19700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4387912 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0121, 3.45%, 7/15/2036<br>| MYR | &nbsp;&nbsp;23000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4743102 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0220, 3.47%, 10/15/2030<br>| MYR | &nbsp;&nbsp;33740000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7349244 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0419, 3.66%, 10/15/2024<br>| MYR | &nbsp;&nbsp;14350000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3258922 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0319, 3.73%, 3/31/2026<br>| MYR | &nbsp;&nbsp;30400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6876187 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0217, 4.05%, 8/15/2024<br>| MYR | &nbsp;&nbsp;12000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2747318 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0316, 4.07%, 9/30/2026<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;4925000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1125071 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0318, 4.09%, 11/30/2023<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;870000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;198614 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0619, 4.12%, 11/30/2034<br>| MYR | &nbsp;&nbsp;10000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2238753 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0118, 4.13%, 8/15/2025<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;7380000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1691344 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0119, 4.13%, 7/9/2029<br>| MYR | &nbsp;&nbsp;14500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3301027 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0122, 4.19%, 10/7/2032<br>| MYR | &nbsp;&nbsp;19000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4320934 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0117, 4.26%, 7/26/2027<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;3720000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;857701 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0218, 4.37%, 10/31/2028<br>| MYR | &nbsp;&nbsp;30180000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6977992 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0221, 4.42%, 9/30/2041<br>| MYR | &nbsp;&nbsp;22200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5018435 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0813, 4.44%, 5/22/2024<br>| MYR | &nbsp;&nbsp;16000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3670516 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0219, 4.47%, 9/15/2039<br>| MYR | &nbsp;&nbsp;15800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3607848 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0513, 4.58%, 8/30/2033<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;8400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1968020 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0519, 4.64%, 11/15/2049<br>| MYR | &nbsp;&nbsp;12500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2775236 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0617, 4.72%, 6/15/2033<br>| MYR | &nbsp;&nbsp;13200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3129237 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0517, 4.76%, 8/4/2037<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;3300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;778866 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0615, 4.79%, 10/31/2035<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;810000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192349 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0417, 4.90%, 5/8/2047<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;1750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;409845 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG EMERGING MARKETS LOCAL BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0222, 5.36%, 5/15/2052<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1243854 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;155578854 |
| **MEXICO — 4.2%** | **MEXICO — 4.2%** | **MEXICO — 4.2%** |  |
| Mexican Bonos: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series M, 5.50%, 3/4/2027<br>| MXN | &nbsp;&nbsp;148829300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6660994 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series M, 5.75%, 3/5/2026<br>| MXN | &nbsp;&nbsp;244157200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11332548 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series M 20, 7.50%, 6/3/2027<br>| MXN | &nbsp;&nbsp;&nbsp;111220700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5379413 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series M, 7.75%, 5/29/2031<br>| MXN | &nbsp;&nbsp;148396800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7046606 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series M, 7.75%, 11/23/2034<br>| MXN | &nbsp;&nbsp;&nbsp;110268100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5110790 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series M, 7.75%, 11/13/2042<br>| MXN | &nbsp;&nbsp;&nbsp;110089600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4929309 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series M, 8.00%, 9/5/2024<br>| MXN | &nbsp;&nbsp;279640200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13873919 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series M, 8.00%, 11/7/2047<br>| MXN | &nbsp;&nbsp;166950800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7637985 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series M, 8.00%, 7/31/2053<br>| MXN | &nbsp;&nbsp;&nbsp;&nbsp;30000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1365777 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series M 20, 8.50%, 5/31/2029<br>| MXN | &nbsp;&nbsp;226486300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11300460 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series M 30, 8.50%, 11/18/2038<br>| MXN | &nbsp;&nbsp;184050000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8935854 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series M 20, 10.00%, 12/5/2024<br>| MXN | &nbsp;&nbsp;&nbsp;&nbsp;98495500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5065627 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series M 30, 10.00%, 11/20/2036<br>| MXN | &nbsp;&nbsp;&nbsp;&nbsp;28100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1543094 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90182376 |
| **PERU — 3.2%** | **PERU — 3.2%** | **PERU — 3.2%** |  |
| Peru Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 8/12/2040<br>| PEN | &nbsp;&nbsp;&nbsp;&nbsp;10000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1945762 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 8/12/2034<br>| PEN | &nbsp;&nbsp;&nbsp;&nbsp;25800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5406837 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 8/12/2024<br>| PEN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2118767 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.94%, 2/12/2029<br>| PEN | &nbsp;&nbsp;&nbsp;&nbsp;41225000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9900741 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.15%, 8/12/2032<br>| PEN | &nbsp;&nbsp;&nbsp;&nbsp;40507000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9320589 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.35%, 8/12/2028<br>| PEN | &nbsp;&nbsp;&nbsp;&nbsp;66900000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16661907 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.71%, 2/12/2055<br>| PEN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;221875 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.85%, 2/12/2042<br>| PEN | &nbsp;&nbsp;&nbsp;&nbsp;16000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3689662 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.90%, 8/12/2037<br>| PEN | &nbsp;&nbsp;&nbsp;&nbsp;49075000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11497892 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.95%, 8/12/2031<br>| PEN | &nbsp;&nbsp;&nbsp;&nbsp;22420000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5534324 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.20%, 8/12/2026<br>| PEN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2522593 |
| Peruvian Government International Bond Series REGS, 6.71%, 2/12/2055<br>| PEN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;475000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105391 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68926340 |
| **PHILIPPINES — 4.2%** | **PHILIPPINES — 4.2%** | **PHILIPPINES — 4.2%** |  |
| Philippine Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3-25, 2.38%, 9/10/2023<br>| PHP | &nbsp;&nbsp;228800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4025981 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1065, 2.88%, 7/9/2030<br>| PHP | &nbsp;&nbsp;153500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2117823 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 5-77, 3.38%, 4/8/2026<br>| PHP | &nbsp;&nbsp;570000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9385229 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series R105, 3.50%, 9/20/2026<br>| PHP | &nbsp;&nbsp;&nbsp;&nbsp;22000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;357786 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1060, 3.63%, 9/9/2025<br>| PHP | &nbsp;&nbsp;&nbsp;&nbsp;82000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1384265 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 7-64, 3.63%, 4/22/2028<br>| PHP | &nbsp;&nbsp;&nbsp;&nbsp;70000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1091598 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020, 3.63%, 3/21/2033<br>| PHP | &nbsp;&nbsp;&nbsp;&nbsp;43150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;579361 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 7-65, 3.75%, 8/12/2028<br>| PHP | &nbsp;&nbsp;960000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14930594 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1066, 4.00%, 7/22/2031<br>| PHP | &nbsp;&nbsp;227000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3309616 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1059, 4.13%, 8/20/2024<br>| PHP | &nbsp;&nbsp;&nbsp;&nbsp;18700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;325260 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 5-76, 4.25%, 10/17/2024<br>| PHP | &nbsp;&nbsp;&nbsp;&nbsp;50000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;868490 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3-27, 4.25%, 4/7/2025<br>| PHP | &nbsp;&nbsp;215000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3698575 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 7-59, 4.50%, 4/20/2024<br>| PHP | &nbsp;&nbsp;&nbsp;&nbsp;68200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1200132 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2511, 4.63%, 9/9/2040<br>| PHP | &nbsp;&nbsp;156500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2041027 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1061, 4.75%, 5/4/2027<br>| PHP | &nbsp;&nbsp;276950000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4633549 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1067, 4.88%, 1/20/2032<br>| PHP | &nbsp;&nbsp;880000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13563718 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024, 5.13%, 7/15/2041<br>| PHP | &nbsp;&nbsp;&nbsp;&nbsp;20000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275652 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021, 5.25%, 5/18/2037<br>| PHP | &nbsp;&nbsp;&nbsp;&nbsp;48800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;716812 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 7-61, 5.75%, 4/12/2025<br>| PHP | &nbsp;&nbsp;&nbsp;&nbsp;89500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1589070 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series R251, 6.13%, 10/24/2037<br>| PHP | &nbsp;&nbsp;&nbsp;&nbsp;67000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1081279 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 7-62, 6.25%, 2/14/2026<br>| PHP | &nbsp;&nbsp;105000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1881628 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1063, 6.25%, 3/22/2028<br>| PHP | &nbsp;&nbsp;&nbsp;&nbsp;97700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1727808 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3601, 6.25%, 1/14/2036<br>| PHP | &nbsp;&nbsp;&nbsp;&nbsp;20000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;326444 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1069, 6.75%, 9/15/2032<br>| PHP | &nbsp;&nbsp;200000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3530906 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023, 6.75%, 1/24/2039<br>| PHP | &nbsp;&nbsp;&nbsp;&nbsp;52700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;891144 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1064, 6.88%, 1/10/2029<br>| PHP | &nbsp;&nbsp;&nbsp;&nbsp;93000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1683529 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017, 8.00%, 7/19/2031<br>| PHP | &nbsp;&nbsp;374237338 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7166609 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-7, 8.00%, 9/30/2035<br>| PHP | &nbsp;&nbsp;&nbsp;&nbsp;48000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;913318 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 25-8, 8.13%, 12/16/2035<br>| PHP | &nbsp;&nbsp;198800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3806348 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG EMERGING MARKETS LOCAL BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 4211, 8.13%, 11/24/2042<br>| PHP | &nbsp;&nbsp;50000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$982029 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90085580 |
| **POLAND — 4.4%** | **POLAND — 4.4%** | **POLAND — 4.4%** |  |
| Poland Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1026, 0.25%, 10/25/2026<br>| &nbsp;&nbsp;PLN | &nbsp;&nbsp;72193000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12844881 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0425, 0.75%, 4/25/2025<br>| &nbsp;&nbsp;PLN | &nbsp;&nbsp;25200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5004667 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1030, 1.25%, 10/25/2030<br>| &nbsp;&nbsp;PLN | &nbsp;&nbsp;&nbsp;&nbsp;1590000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;243271 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0424, 2.50%, 4/25/2024<br>| &nbsp;&nbsp;PLN | &nbsp;&nbsp;14790000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3203980 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0726, 2.50%, 7/25/2026<br>| &nbsp;&nbsp;PLN | &nbsp;&nbsp;52000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10209724 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0727, 2.50%, 7/25/2027<br>| &nbsp;&nbsp;PLN | &nbsp;&nbsp;22000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4176050 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0428, 2.75%, 4/25/2028<br>| &nbsp;&nbsp;PLN | &nbsp;&nbsp;71250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13307039 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1029, 2.75%, 10/25/2029<br>| &nbsp;&nbsp;PLN | &nbsp;&nbsp;12000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2121493 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0725, 3.25%, 7/25/2025<br>| &nbsp;&nbsp;PLN | &nbsp;&nbsp;44000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9201756 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0447, 4.00%, 4/25/2047<br>| &nbsp;&nbsp;PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60188 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0429, 5.75%, 4/25/2029<br>| &nbsp;&nbsp;PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97217 |
| Republic of Poland Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0724, 0.01%, 7/25/2024<br>| &nbsp;&nbsp;PLN | &nbsp;&nbsp;52650000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10851092 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0432, 1.75%, 4/25/2032<br>| &nbsp;&nbsp;PLN | &nbsp;&nbsp;83500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12482405 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0527, 3.75%, 5/25/2027<br>| &nbsp;&nbsp;PLN | &nbsp;&nbsp;52000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10432365 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94236128 |
| **ROMANIA — 3.7%** | **ROMANIA — 3.7%** | **ROMANIA — 3.7%** |  |
| Romania Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 7Y, 2.50%, 10/25/2027<br>| RON | &nbsp;&nbsp;35100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6008106 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 7Y, 3.25%, 4/29/2024<br>| RON | &nbsp;&nbsp;&nbsp;&nbsp;7500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1550490 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 5Y, 3.25%, 6/24/2026<br>| RON | &nbsp;&nbsp;30000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5629396 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 11/25/2025<br>| RON | &nbsp;&nbsp;12000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2336183 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 5Y, 3.65%, 7/28/2025<br>| RON | &nbsp;&nbsp;22600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4469356 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 15Y, 3.65%, 9/24/2031 (c)<br>| RON | &nbsp;&nbsp;12200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1949795 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 4YR, 3.70%, 11/25/2024 (c)<br>| RON | &nbsp;&nbsp;21800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4447159 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3Y, 4.00%, 10/25/2023<br>| RON | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18983 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 8Y, 4.15%, 1/26/2028<br>| RON | &nbsp;&nbsp;&nbsp;&nbsp;19750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$3624130 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 10YR, 4.15%, 10/24/2030<br>| RON | &nbsp;&nbsp;&nbsp;&nbsp;28930000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4876492 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 5Y, 4.25%, 4/28/2036<br>| RON | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1151273 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 5Y, 4.50%, 6/17/2024 (c)<br>| RON | &nbsp;&nbsp;&nbsp;&nbsp;48200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10080720 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 10Y, 4.75%, 2/24/2025<br>| RON | &nbsp;&nbsp;&nbsp;&nbsp;17025000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3509551 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 15Y, 4.75%, 10/11/2034<br>| RON | &nbsp;&nbsp;&nbsp;&nbsp;46400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7232957 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 7Y, 4.85%, 4/22/2026<br>| RON | &nbsp;&nbsp;&nbsp;&nbsp;28725000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5712471 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 8Y, 4.85%, 7/25/2029<br>| RON | &nbsp;&nbsp;&nbsp;&nbsp;10000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1806106 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 10Y, 5.00%, 2/12/2029<br>| RON | &nbsp;&nbsp;&nbsp;&nbsp;35185000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6523651 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 15YR, 5.80%, 7/26/2027<br>| RON | &nbsp;&nbsp;&nbsp;&nbsp;25410000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5077780 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.70%, 2/25/2032<br>| RON | &nbsp;&nbsp;&nbsp;&nbsp;13500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2644264 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78648863 |
| **SOUTH AFRICA — 4.2%** | **SOUTH AFRICA — 4.2%** | **SOUTH AFRICA — 4.2%** |  |
| South Africa Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series R209, 6.25%, 3/31/2036<br>| ZAR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6241000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;241094 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series R214, 6.50%, 2/28/2041<br>| ZAR | &nbsp;&nbsp;&nbsp;&nbsp;23430000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;860362 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series R214, 6.50%, 2/28/2041<br>| ZAR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9900000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;363533 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series R213, 7.00%, 2/28/2031<br>| ZAR | &nbsp;&nbsp;&nbsp;&nbsp;23352000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1107007 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series R213, 7.00%, 2/28/2031<br>| ZAR | &nbsp;&nbsp;161415000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7651915 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2030, 8.00%, 1/31/2030<br>| ZAR | &nbsp;&nbsp;229125000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11994219 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2032, 8.25%, 3/31/2032<br>| ZAR | &nbsp;&nbsp;&nbsp;115877000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5800320 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2037, 8.50%, 1/31/2037<br>| ZAR | &nbsp;&nbsp;252427000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11757179 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2044, 8.75%, 1/31/2044<br>| ZAR | &nbsp;&nbsp;228256000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10447592 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2048, 8.75%, 2/28/2048<br>| ZAR | &nbsp;&nbsp;&nbsp;&nbsp;35180000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1610030 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2048, 8.75%, 2/28/2048<br>| ZAR | &nbsp;&nbsp;&nbsp;110705000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5066470 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2035, 8.88%, 2/28/2035<br>| ZAR | &nbsp;&nbsp;188325000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9319404 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2040, 9.00%, 1/31/2040<br>| ZAR | &nbsp;&nbsp;213590000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10146623 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series R186, 10.50%, 12/21/2026<br>| ZAR | &nbsp;&nbsp;220980000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13664006 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90029754 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG EMERGING MARKETS LOCAL BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| **SOUTH KOREA — 12.4%** | **SOUTH KOREA — 12.4%** | **SOUTH KOREA — 12.4%** |  |
| Korea Treasury Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2312, 0.88%, 12/10/2023<br>| KRW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$138543 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2406, 1.13%, 6/10/2024<br>| KRW | &nbsp;&nbsp;&nbsp;&nbsp;9500000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7240301 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2509, 1.13%, 9/10/2025<br>| KRW | &nbsp;&nbsp;12700000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9368411 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3909, 1.13%, 9/10/2039<br>| KRW | &nbsp;&nbsp;&nbsp;&nbsp;8450000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4528773 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2603, 1.25%, 3/10/2026<br>| KRW | &nbsp;&nbsp;12300000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8992412 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2409, 1.38%, 9/10/2024<br>| KRW | &nbsp;&nbsp;&nbsp;&nbsp;3160000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2402490 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2912, 1.38%, 12/10/2029<br>| KRW | &nbsp;&nbsp;14000000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9454201 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3006, 1.38%, 6/10/2030<br>| KRW | &nbsp;&nbsp;16280000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10868738 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2503, 1.50%, 3/10/2025<br>| KRW | &nbsp;&nbsp;10840000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8167695 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2612, 1.50%, 12/10/2026<br>| KRW | &nbsp;&nbsp;&nbsp;&nbsp;4344000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3148729 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3012, 1.50%, 12/10/2030<br>| KRW | &nbsp;&nbsp;12400000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8268618 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3609, 1.50%, 9/10/2036<br>| KRW | &nbsp;&nbsp;&nbsp;&nbsp;6003000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3601175 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 4009, 1.50%, 9/10/2040<br>| KRW | &nbsp;&nbsp;&nbsp;&nbsp;8000000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4514034 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 5003, 1.50%, 3/10/2050<br>| KRW | &nbsp;&nbsp;20730000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10288036 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 7009, 1.63%, 9/10/2070<br>| KRW | &nbsp;&nbsp;&nbsp;&nbsp;8050000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3442942 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2609, 1.75%, 9/10/2026<br>| KRW | &nbsp;&nbsp;&nbsp;&nbsp;9200000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6767759 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2403, 1.88%, 3/10/2024<br>| KRW | &nbsp;&nbsp;&nbsp;&nbsp;3650000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2824407 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2412, 1.88%, 12/10/2024<br>| KRW | &nbsp;&nbsp;10000000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7622968 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2606, 1.88%, 6/10/2026<br>| KRW | &nbsp;&nbsp;&nbsp;&nbsp;3959000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2938791 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2906, 1.88%, 6/10/2029<br>| KRW | &nbsp;&nbsp;&nbsp;&nbsp;9280000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6546789 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 4109, 1.88%, 9/10/2041<br>| KRW | &nbsp;&nbsp;&nbsp;&nbsp;9000000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5364798 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 5103, 1.88%, 3/10/2051<br>| KRW | &nbsp;&nbsp;26000000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14095257 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3106, 2.00%, 6/10/2031<br>| KRW | &nbsp;&nbsp;14500000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9982798 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 4603, 2.00%, 3/10/2046<br>| KRW | &nbsp;&nbsp;&nbsp;&nbsp;1370000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;799766 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 4903, 2.00%, 3/10/2049<br>| KRW | &nbsp;&nbsp;12835000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7297296 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2403, 2.13%, 3/10/2024<br>| KRW | &nbsp;&nbsp;&nbsp;&nbsp;5000000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3880395 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2706, 2.13%, 6/10/2027<br>| KRW | &nbsp;&nbsp;10282000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7577318 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 4703, 2.13%, 3/10/2047<br>| KRW | &nbsp;&nbsp;&nbsp;&nbsp;5812000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$3453593 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2506, 2.25%, 6/10/2025<br>| KRW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22888 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3709, 2.25%, 9/10/2037<br>| KRW | &nbsp;&nbsp;&nbsp;&nbsp;3570000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2344656 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2703, 2.38%, 3/10/2027<br>| KRW | &nbsp;&nbsp;&nbsp;11400000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8521291 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2712, 2.38%, 12/10/2027<br>| KRW | &nbsp;&nbsp;&nbsp;&nbsp;5600000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4144207 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2812, 2.38%, 12/10/2028<br>| KRW | &nbsp;&nbsp;&nbsp;&nbsp;1839000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1347318 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3112, 2.38%, 12/10/2031<br>| KRW | &nbsp;&nbsp;15500000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10937308 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3809, 2.38%, 9/10/2038<br>| KRW | &nbsp;&nbsp;&nbsp;&nbsp;8409000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5572522 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 5203, 2.50%, 3/10/2052<br>| KRW | &nbsp;&nbsp;&nbsp;11000000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6880660 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2806, 2.63%, 6/10/2028<br>| KRW | &nbsp;&nbsp;&nbsp;&nbsp;2000000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1491707 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3509, 2.63%, 9/10/2035<br>| KRW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;870000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;608050 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 4803, 2.63%, 3/10/2048<br>| KRW | &nbsp;&nbsp;&nbsp;&nbsp;6754000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4417633 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 4412, 2.75%, 12/10/2044<br>| KRW | &nbsp;&nbsp;&nbsp;&nbsp;5000000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3396297 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 6/10/2024<br>| KRW | &nbsp;&nbsp;&nbsp;&nbsp;5800000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4531432 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 4212, 3.00%, 12/10/2042<br>| KRW | &nbsp;&nbsp;&nbsp;&nbsp;6265000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4468672 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 9/10/2024<br>| KRW | &nbsp;&nbsp;&nbsp;&nbsp;5000000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3913300 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2506, 3.13%, 6/10/2025<br>| KRW | &nbsp;&nbsp;10000000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7788661 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 9/10/2027<br>| KRW | &nbsp;&nbsp;&nbsp;&nbsp;5500000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4232420 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 9/10/2052<br>| KRW | &nbsp;&nbsp;&nbsp;&nbsp;4500000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3186377 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 4209, 3.25%, 9/10/2042<br>| KRW | &nbsp;&nbsp;&nbsp;&nbsp;5000000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3688928 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3206, 3.38%, 6/10/2032<br>| KRW | &nbsp;&nbsp;&nbsp;&nbsp;9500000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7256403 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2403, 3.50%, 3/10/2024<br>| KRW | &nbsp;&nbsp;&nbsp;&nbsp;2640000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2081791 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3112, 4.00%, 12/10/2031<br>| KRW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;395000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;316860 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2512, 4.25%, 12/10/2025<br>| KRW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;480912 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3212, 4.25%, 12/10/2032<br>| KRW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;410699 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;265618025 |
| **THAILAND — 4.3%** | **THAILAND — 4.3%** | **THAILAND — 4.3%** |  |
| Thailand Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 6/17/2024<br>| &nbsp;&nbsp;THB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186480000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5331127 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 9/17/2024<br>| &nbsp;&nbsp;THB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5048357 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.95%, 6/17/2025<br>| &nbsp;&nbsp;THB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;153000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4345414 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%, 6/17/2027<br>| &nbsp;&nbsp;THB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;238000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6594872 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.45%, 12/17/2024<br>| &nbsp;&nbsp;THB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;139210000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4003450 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.59%, 12/17/2035<br>| &nbsp;&nbsp;THB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4425652 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG EMERGING MARKETS LOCAL BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.60%, 12/17/2029<br>| THB | &nbsp;&nbsp;176400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$4869732 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.60%, 6/17/2035<br>| THB | &nbsp;&nbsp;&nbsp;&nbsp;36700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;908425 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 6/17/2049<br>| THB | &nbsp;&nbsp;&nbsp;&nbsp;59000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1163541 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 12/17/2031<br>| THB | &nbsp;&nbsp;&nbsp;&nbsp;85000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2361145 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 6/17/2042<br>| THB | &nbsp;&nbsp;&nbsp;&nbsp;93000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2162435 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 12/17/2026<br>| THB | &nbsp;&nbsp;&nbsp;&nbsp;74380000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2176102 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 6/17/2071<br>| THB | &nbsp;&nbsp;&nbsp;&nbsp;59000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1053370 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 6/17/2052<br>| THB | &nbsp;&nbsp;&nbsp;&nbsp;30000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;705697 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 12/17/2028<br>| THB | &nbsp;&nbsp;&nbsp;&nbsp;77510000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2336423 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 6/17/2046<br>| THB | &nbsp;&nbsp;123955000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3161286 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 6/17/2038<br>| THB | &nbsp;&nbsp;182160000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5333768 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35%, 6/17/2033<br>| THB | &nbsp;&nbsp;&nbsp;&nbsp;70000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2143935 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.39%, 6/17/2037<br>| THB | &nbsp;&nbsp;&nbsp;&nbsp;40000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1202720 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 6/17/2036<br>| THB | &nbsp;&nbsp;131940000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3946281 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.58%, 12/17/2027<br>| THB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4650000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144359 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 6/17/2067<br>| THB | &nbsp;&nbsp;&nbsp;&nbsp;62200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1549187 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 6/20/2031<br>| THB | &nbsp;&nbsp;&nbsp;&nbsp;86575000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2722787 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.78%, 6/25/2032<br>| THB | &nbsp;&nbsp;166120000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5255062 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 6/14/2041<br>| THB | &nbsp;&nbsp;&nbsp;&nbsp;12750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;393878 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 12/12/2025<br>| THB | &nbsp;&nbsp;&nbsp;&nbsp;18882000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;577990 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 12/12/2025<br>| THB | &nbsp;&nbsp;120000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3673279 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 6/17/2066<br>| THB | &nbsp;&nbsp;124080000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3426501 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.68%, 6/29/2044<br>| THB | &nbsp;&nbsp;&nbsp;&nbsp;78400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2694862 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 12/20/2024<br>| THB | &nbsp;&nbsp;&nbsp;&nbsp;14000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;428283 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 6/17/2061<br>| THB | &nbsp;&nbsp;&nbsp;&nbsp;53195000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1735566 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 6/22/2029<br>| THB | &nbsp;&nbsp;&nbsp;&nbsp;37564000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1260286 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 6/22/2029<br>| THB | &nbsp;&nbsp;166340000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5580767 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.67%, 3/13/2028<br>| THB | &nbsp;&nbsp;&nbsp;&nbsp;10000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;341017 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93057556 |
| **TURKEY — 3.3%** | **TURKEY — 3.3%** | **TURKEY — 3.3%** |  |
| Turkey Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.00%, 7/24/2024<br>| TRY | &nbsp;&nbsp;&nbsp;&nbsp;29650000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1568071 |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.40%, 3/20/2024<br>| TRY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1760000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94819 |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.50%, 8/11/2027<br>| TRY | &nbsp;&nbsp;&nbsp;&nbsp;40380000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2295164 |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.60%, 2/11/2026<br>| TRY | &nbsp;&nbsp;&nbsp;&nbsp;76104000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4217949 |
| &nbsp;&nbsp;&nbsp;&nbsp; 11.00%, 2/24/2027<br>| TRY | &nbsp;&nbsp;&nbsp;&nbsp;13298000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;784972 |
| &nbsp;&nbsp;&nbsp;&nbsp; 11.70%, 11/13/2030<br>| TRY | &nbsp;&nbsp;148800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9506921 |
| &nbsp;&nbsp;&nbsp;&nbsp; 12.40%, 3/8/2028<br>| TRY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8050000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;498838 |
| &nbsp;&nbsp;&nbsp;&nbsp; 12.60%, 10/1/2025<br>| TRY | &nbsp;&nbsp;&nbsp;&nbsp;83000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4899436 |
| &nbsp;&nbsp;&nbsp;&nbsp; 16.90%, 9/2/2026<br>| TRY | &nbsp;&nbsp;290000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19938032 |
| &nbsp;&nbsp;&nbsp;&nbsp; 20.20%, 6/9/2027<br>| TRY | &nbsp;&nbsp;130500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9752905 |
| &nbsp;&nbsp;&nbsp;&nbsp; 20.90%, 4/17/2024<br>| TRY | &nbsp;&nbsp;&nbsp;&nbsp;74000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4513449 |
| &nbsp;&nbsp;&nbsp;&nbsp; 21.50%, 4/28/2032<br>| TRY | &nbsp;&nbsp;138000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13195865 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71266421 |
| **TOTAL FOREIGN GOVERNMENT OBLIGATIONS<br>(Cost $2,292,329,032)<br>**  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;2105133634 |

---

---

| | | |
|:---|:---|:---|
| **Security Description** | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| **SHORT-TERM INVESTMENTS — 2.0%** | **SHORT-TERM INVESTMENTS — 2.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; State Street Institutional U.S. Government Money Market Fund, Class G Shares 4.16% (d)(e) | &nbsp;&nbsp;&nbsp;6612110 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$6612110 |
| &nbsp;&nbsp;&nbsp;&nbsp; State Street Navigator Securities Lending Portfolio II (f)(g) | 36893506 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36893506 |
| **TOTAL SHORT-TERM INVESTMENTS<br>(Cost $43,505,616)<br>** | **TOTAL SHORT-TERM INVESTMENTS<br>(Cost $43,505,616)<br>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43505616 |
| **TOTAL INVESTMENTS — 99.9%<br>(Cost $2,336,896,618)<br>** | **TOTAL INVESTMENTS — 99.9%<br>(Cost $2,336,896,618)<br>** | &nbsp;&nbsp;&nbsp;2149541238 |
| **OTHER ASSETS IN EXCESS OF<br>LIABILITIES — 0.1% <br>** | **OTHER ASSETS IN EXCESS OF<br>LIABILITIES — 0.1% <br>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1943167 |
| **NET ASSETS — 100.0% <br>** | **NET ASSETS — 100.0% <br>** | $2151484405 |

---

(a) Amount
 is less than 0.05% of net assets.

(b) Securities
 purchased pursuant to Rule 144A of the Securities Act of 1933, as amended. These securities, which represent 2.0% of net assets as of December 31, 2022, are considered liquid and may be resold in transactions exempt from registration, normally to
qualified institutional buyers.

(c) All
 or a portion of the shares of the security are on loan at December 31, 2022.

(d) The
 Fund invested in certain money market funds managed by SSGA Funds Management, Inc. Amounts related to these transactions during the period ended December 31, 2022 are shown in the Affiliate Table below.

(e) The
 rate shown is the annualized seven-day yield at December 31, 2022.

(f) The
 Fund invested in an affiliated entity. Amounts related to these transactions during the period ended December 31, 2022 are shown in the Affiliate Table below.

(g) Investment
 of cash collateral for securities loaned.

---

| | |
|:---|:---|
| GDIF | Global Debt Issuance Facility |
| BRL | Brazilian Real |
| CLP | Chilean Peso |
| CNY | China Yuan Renminbi |
| COP | Colombian Peso |
| CZK | Czech Koruna |
| HUF | Hungary Forint |
| IDR | Indonesia Rupiah |
| ILS | Israeli New Shekel |
| KRW | South Korean Won |
| MXN | Mexican Peso |
| MYR | Malaysian Ringgit |
| PEN | Peru Nuevo Sol |
| PHP | Philippines Peso |
| PLN | Polish Zloty |
| RON | Romania New Leu |
| THB | Thai Baht |
| TRY | Turkish New Lira |
| ZAR | South African Rand |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG EMERGING MARKETS LOCAL BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

At December 31, 2022, open forward foreign currency exchange contracts were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Counterparty** | &nbsp;&nbsp;&nbsp;&nbsp;**Amount Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Amount Bought** | &nbsp;&nbsp;&nbsp;&nbsp;**Settlement <br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Net Unrealized<br> Appreciation/<br> (Depreciation)** |
| Barclays Capital PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USD 7,579,586 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CNY 54,000,000 | &nbsp;&nbsp;&nbsp;&nbsp;01/05/2023 | &nbsp;&nbsp;&nbsp;&nbsp;$195648 |
| Barclays Capital PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CNY 64,000,000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USD 8,945,544 | &nbsp;&nbsp;&nbsp;&nbsp;01/05/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(269548) |
| Barclays Capital PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BRL 5,300,000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USD 1,002,459 | &nbsp;&nbsp;&nbsp;&nbsp;01/05/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1184) |
| Barclays Capital PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USD 2,270,922 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ILS 8,000,000 | &nbsp;&nbsp;&nbsp;&nbsp;02/07/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(321) |
| Barclays Capital PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ILS 8,000,000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USD 2,264,342 | &nbsp;&nbsp;&nbsp;&nbsp;02/07/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6259) |
| Barclays Capital PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USD 1,758,429 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ZAR 30,000,000 | &nbsp;&nbsp;&nbsp;&nbsp;02/07/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(379) |
| Goldman Sachs Bank USA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USD 1,392,207 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CNY 10,000,000 | &nbsp;&nbsp;&nbsp;&nbsp;01/05/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47651 |
| Standard Chartered Bank | &nbsp;&nbsp;&nbsp;&nbsp;KRW 11,500,000,000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USD 8,723,356 | &nbsp;&nbsp;&nbsp;&nbsp;01/05/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(378037) |
| UBS AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USD 979,731 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BRL 5,300,000 | &nbsp;&nbsp;&nbsp;&nbsp;01/05/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23912 |
| UBS AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USD 10,177,925 | &nbsp;&nbsp;&nbsp;&nbsp;KRW 13,500,000,000 | &nbsp;&nbsp;&nbsp;&nbsp;01/05/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;506319 |
| UBS AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USD 2,015,660 | &nbsp;&nbsp;&nbsp;&nbsp;KRW 2,600,000,000 | &nbsp;&nbsp;&nbsp;&nbsp;01/05/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42046 |
| UBS AG | &nbsp;&nbsp;&nbsp;&nbsp;KRW 2,000,000,000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USD 1,538,935 | &nbsp;&nbsp;&nbsp;&nbsp;01/05/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(43916) |
| UBS AG | &nbsp;&nbsp;&nbsp;&nbsp;KRW 2,600,000,000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USD 2,049,665 | &nbsp;&nbsp;&nbsp;&nbsp;01/05/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8041) |
| UBS AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USD 4,737,092 | &nbsp;&nbsp;&nbsp;&nbsp;KRW 6,000,000,000 | &nbsp;&nbsp;&nbsp;&nbsp;02/07/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39744 |
| UBS AG | &nbsp;&nbsp;&nbsp;&nbsp;KRW 6,000,000,000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USD 4,733,167 | &nbsp;&nbsp;&nbsp;&nbsp;02/07/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(43667) |
| Westpac Banking Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ZAR 30,000,000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USD 1,724,588 | &nbsp;&nbsp;&nbsp;&nbsp;02/07/2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(33463) |
| Total |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;$70505 |

---

---

| | |
|:---|:---|
| BRL | Brazilian Real |
| CNY | China Yuan Renminbi |
| ILS | Israeli New Shekel |
| KRW | South Korean Won |
| ZAR | South African Rand |

---

During the year ended December 31, 2022, average notional value related to foreign currency exchange contracts was $65,103,269.

The following table summarizes the value of the Fund's investments according to the fair value hierarchy as of December 31, 2022.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Level 1 –<br> Quoted Prices** | **Level 2 –<br> Other Significant<br> Observable Inputs** | **Level 3 –<br> Significant<br> Unobservable Inputs** | **Total** |
| **ASSETS:** |  |  |  |  |
| **INVESTMENTS:** |  |  |  |  |
| Corporate Bonds & Notes<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$901988 | $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$901988 |
| Foreign Government Obligations<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;2105133634 | &nbsp;&nbsp;— | &nbsp;&nbsp;2105133634 |
| Short-Term Investments<br>| &nbsp;&nbsp;43505616 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43505616 |
| **TOTAL INVESTMENTS<br>**  | $43505616 | $2106035622 | $— | $2149541238 |
| **OTHER FINANCIAL INSTRUMENTS:** |  |  |  |  |
| Foreign Currency Exchange Contracts<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;855320 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;855320 |
| **TOTAL OTHER FINANCIAL INSTRUMENTS:<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$855320 | $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$855320 |
| **TOTAL INVESTMENTS AND OTHER FINANCIAL INSTRUMENTS<br>**  | $43505616 | $2106890942 | $— | $2150396558 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG EMERGING MARKETS LOCAL BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Level 1 –<br> Quoted Prices** | **Level 2 –<br> Other Significant<br> Observable Inputs** | **Level 3 –<br> Significant<br> Unobservable Inputs** | **Total** |
| **LIABILITIES:** |  |  |  |  |
| **OTHER FINANCIAL INSTRUMENTS:** |  |  |  |  |
| Foreign Currency Exchange Contracts<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(784815) | $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(784815) |
| **TOTAL OTHER FINANCIAL INSTRUMENTS:<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(784815) | $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(784815) |

---

(a) Forward
 Foreign Currency Exchange Contracts are valued at unrealized appreciation (depreciation).

#### Affiliate Table

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Number of<br> Shares Held<br> at<br> 12/31/21** | **Value at<br>12/31/21** | **Cost of<br> Purchases** | **Proceeds <br> from<br> Shares Sold** | **Realized <br> Gain (Loss)** | **Change in<br> Unrealized<br> Appreciation/<br> Depreciation** | **Number of<br> Shares Held<br> at<br> 12/31/22** | **Value at<br>12/31/22** | **Dividend <br> Income** |
| State Street Institutional U.S. Government Money Market Fund, Class G Shares<br>| &nbsp;&nbsp;&nbsp;312671 | &nbsp;&nbsp;$312671 | $360022349 | $353722910 | $— | $— | &nbsp;&nbsp;6612110 | &nbsp;&nbsp;$6612110 | $99376 |
| State Street Navigator Securities Lending Portfolio II<br>| 7188000 | &nbsp;&nbsp;7188000 | &nbsp;&nbsp;220866769 | &nbsp;&nbsp;191161263 | &nbsp;&nbsp;— | &nbsp;&nbsp;— | 36893506 | &nbsp;&nbsp;36893506 | &nbsp;&nbsp;113699 |
| Total<br>|  | $7500671 | $580889118 | $544884173 | $— | $— |  | $43505616 | $213075 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG INTERNATIONAL CORPORATE BOND ETF

#### SCHEDULE OF INVESTMENTS

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| **CORPORATE BONDS & NOTES — 98.3%** | **CORPORATE BONDS & NOTES — 98.3%** | **CORPORATE BONDS & NOTES — 98.3%** |  |
| **AUSTRALIA — 0.6%** | **AUSTRALIA — 0.6%** | **AUSTRALIA — 0.6%** |  |
| Australia & New Zealand Banking Group, Ltd.: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 9/29/2026<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$96331 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series MTN, 4.05%, 5/12/2025<br>| AUD | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66822 |
| BHP Billiton Finance, Ltd. Series 12, 4.30%, 9/25/2042<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104696 |
| National Australia Bank Ltd. 2.13%, 5/24/2028<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99152 |
| National Australia Bank, Ltd.: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series GMTN, 1.25%, 5/18/2026<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200835 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series GMTN, 1.38%, 8/30/2028<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94831 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series MTN, 2.90%, 2/25/2027<br>| AUD | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62529 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series MTN, 3.90%, 5/30/2025<br>| AUD | &nbsp;&nbsp;220000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;146484 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;871680 |
| **AUSTRIA — 0.1%** | **AUSTRIA — 0.1%** | **AUSTRIA — 0.1%** |  |
| OMV AG Series EMTN, 1.00%, 12/14/2026<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195221 |
| **BELGIUM — 1.8%** | **BELGIUM — 1.8%** | **BELGIUM — 1.8%** |  |
| Anheuser-Busch InBev SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.13%, 7/1/2027<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96583 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.15%, 1/22/2027<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;194685 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.50%, 4/18/2030<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184531 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.65%, 3/28/2031 (a)<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;181863 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.00%, 3/17/2028<br>| EUR | &nbsp;&nbsp;380000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;375579 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.13%, 12/2/2027<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;299703 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.75%, 3/17/2036<br>| EUR | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;369205 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.88%, 4/2/2032<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98820 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.88%, 4/2/2032<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;197640 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3.70%, 4/2/2040<br>| EUR | &nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;344226 |
| KBC Group NV Series EMTN, 1.13%, 1/25/2024<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;209212 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2552047 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| **CANADA — 1.2%** | **CANADA — 1.2%** | **CANADA — 1.2%** |  |
| Bank of Nova Scotia Series EMTN, 0.50%, 4/30/2024<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$205290 |
| Canadian Imperial Bank of Commerce Series EMTN, 0.38%, 5/3/2024<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102497 |
| Royal Bank of Canada: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.13%, 7/23/2024<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101719 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 4/26/2029<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190550 |
| Toronto-Dominion Bank: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.38%, 4/25/2024<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205425 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.50%, 1/18/2027<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92800 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.95%, 4/8/2030<br>| EUR | &nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;460299 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 4/5/2027<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;109132 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3.13%, 8/3/2032<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;194841 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1662553 |
| **CHINA — 0.1%** | **CHINA — 0.1%** | **CHINA — 0.1%** |  |
| Prosus NV Series REGS, 1.29%, 7/13/2029<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80733 |
| **DENMARK — 0.5%** | **DENMARK — 0.5%** | **DENMARK — 0.5%** |  |
| Carlsberg Breweries A/S Series EMTN, 2.50%, 5/28/2024<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;210590 |
| Danske Bank A/S: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.63%, 5/26/2025<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;198283 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1 year GBP Swap + 1.15%, 0.50%, 8/27/2025 (b)<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100007 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, UK 10 year Gilt + 1.65%, 2.25%, 1/14/2028 (b)<br>| GBP | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205346 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;714226 |
| **FINLAND — 1.0%** | **FINLAND — 1.0%** | **FINLAND — 1.0%** |  |
| Nordea Bank Abp: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.50%, 5/14/2027<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;281722 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.50%, 11/2/2028<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175578 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.13%, 2/12/2025<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102217 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.13%, 2/16/2027<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96597 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.13%, 9/27/2027<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96212 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.50%, 5/23/2029<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97938 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG INTERNATIONAL CORPORATE BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| OP Corporate Bank PLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.10%, 11/16/2027<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$179192 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.13%, 7/1/2024<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203562 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.50%, 8/12/2025<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;197152 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1430170 |
| **FRANCE — 19.1%** | **FRANCE — 19.1%** | **FRANCE — 19.1%** |  |
| Air Liquide Finance SA Series EMTN, 1.25%, 6/13/2028<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95568 |
| Airbus SE: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.63%, 6/9/2030<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186301 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.38%, 4/7/2032<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95780 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.38%, 4/7/2032<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;191561 |
| Autoroutes du Sud de la France SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.25%, 1/18/2027<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97859 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.38%, 1/22/2030 (a)<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185910 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.38%, 2/21/2031<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90486 |
| Banque Federative du Credit Mutuel SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.01%, 3/7/2025<br>| EUR | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;394793 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.01%, 5/11/2026<br>| EUR | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;377029 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.13%, 2/5/2024<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;309648 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.25%, 7/19/2028<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171870 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.63%, 2/21/2031<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80456 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.75%, 7/17/2025<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;298378 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.75%, 6/8/2026<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96466 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 1/17/2030<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;168056 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.13%, 1/19/2032<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;164811 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.25%, 1/14/2025<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101790 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.25%, 5/26/2027<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;287958 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 6/3/2030<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;259967 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.38%, 7/16/2028<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;281255 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.63%, 1/19/2026<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200244 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.75%, 3/15/2029<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92227 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.63%, 3/18/2024<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$211934 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.63%, 11/6/2029<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;288622 |
| BNP Paribas SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.13%, 9/4/2026<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93180 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.63%, 12/3/2032<br>| EUR | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;299773 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.13%, 6/11/2026<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;292752 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.25%, 7/13/2031<br>| GBP | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170167 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.38%, 5/28/2029<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;266197 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.50%, 11/17/2025<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;201330 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.50%, 5/23/2028<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;183923 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.50%, 5/25/2028<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;287702 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.63%, 2/23/2026<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101454 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 12/14/2027<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100745 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.10%, 4/7/2032<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88200 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.38%, 5/20/2024<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105488 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3.38%, 1/23/2026<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;112922 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 0.70%, 0.25%, 4/13/2027 (b)<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93144 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 0.73%, 0.50%, 2/19/2028 (b)<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;272133 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 0.75%, 0.50%, 7/15/2025 (b)<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;303904 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 0.83%, 0.50%, 1/19/2030 (b)<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84060 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 0.93%, 0.88%, 7/11/2030 (b)<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84837 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3 Month EURIBOR + 0.95%, 0.50%, 9/1/2028 (b)<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177493 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 1.35%, 1.13%, 4/17/2029 (b)<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;268802 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 1.80%, 2.13%, 1/23/2027 (b)<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199236 |
| Bouygues SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.13%, 7/24/2028<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186187 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 6/29/2029<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192258 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 6/30/2037<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;271729 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG INTERNATIONAL CORPORATE BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| BPCE SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.25%, 1/15/2026<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$289192 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.25%, 1/14/2031<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;159255 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.63%, 9/26/2024<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203047 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.63%, 4/28/2025 (a)<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;298912 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.75%, 3/3/2031<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;161635 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.88%, 1/31/2024<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;311699 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%, 7/15/2024<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103090 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.00%, 4/1/2025<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200921 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.00%, 10/5/2028<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275521 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.00%, 1/14/2032<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;161449 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series DMTN, 3 Month EURIBOR + 1.00%, 0.50%, 9/15/2027 (a)<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184850 |
| Capgemini SE: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 4/15/2029<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96695 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 4/15/2032<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;188717 |
| Carrefour SA Series EMTN, 2.63%, 12/15/2027<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100944 |
| Cie de Saint-Gobain Series EMTN, 1.88%, 3/15/2031<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91222 |
| Cie Generale des Etablissements Michelin SCA 1.75%, 9/3/2030<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95819 |
| Credit Agricole SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.13%, 12/9/2027<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;176819 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.38%, 4/20/2028<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175094 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.88%, 1/14/2032<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160194 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.00%, 9/18/2025<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;301033 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.00%, 7/3/2029<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;268308 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.13%, 2/24/2029<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;182325 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.13%, 7/12/2032<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;162847 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.25%, 4/14/2026<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;296802 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.38%, 3/13/2025<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203916 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.38%, 5/3/2027<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;193388 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.75%, 3/5/2029<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185442 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.88%, 12/20/2026<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;196755 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.38%, 5/20/2024<br>| EUR | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;421628 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 8/29/2029<br>| EUR | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;390792 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3.13%, 2/5/2026<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$106175 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 1.25%, 1.00%, 4/22/2026 (b)<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;198932 |
| Credit Mutuel Arkea SA 3.38%, 9/19/2027<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103783 |
| Danone SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.71%, 11/3/2024<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;306982 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.21%, 11/3/2028<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;188618 |
| Dassault Systemes SE 0.38%, 9/16/2029<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;174833 |
| Engie SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.38%, 5/19/2026<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102467 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 5.00%, 10/1/2060<br>| GBP | &nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;165315 |
| EssilorLuxottica SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.13%, 5/27/2025<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;299299 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.38%, 1/5/2026<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98414 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.38%, 11/27/2027<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93405 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 6/5/2028<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92612 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 11/27/2031<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;169941 |
| Holding d'Infrastructures de Transport SASU Series EMTN, 1.48%, 1/18/2031<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;166166 |
| HSBC Continental Europe SA Series EMTN, 0.25%, 5/17/2024<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;307733 |
| L'Oreal SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.38%, 3/29/2024<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103686 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.88%, 6/29/2026<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;198412 |
| LVMH Moet Hennessy Louis Vuitton SE: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.01%, 2/11/2024<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207394 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.13%, 2/11/2028<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;183676 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.38%, 2/11/2031<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;255656 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.75%, 5/26/2024<br>| EUR | &nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;363815 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 4/7/2025<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203398 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.13%, 2/11/2027<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104892 |
| Orange SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.50%, 9/4/2032<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;155488 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.13%, 7/15/2024<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207204 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.38%, 3/20/2028<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95697 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG INTERNATIONAL CORPORATE BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.38%, 1/16/2030<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$91450 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.00%, 1/15/2029<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195444 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3.25%, 1/15/2032<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103915 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 8.13%, 1/28/2033<br>| EUR | &nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;488833 |
| Pernod Ricard SA 1.13%, 4/7/2025<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;304207 |
| Sanofi: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.50%, 1/13/2027<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95881 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%, 4/1/2025<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;306209 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 8FXD, 1.00%, 3/21/2026<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99678 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 12FX, 1.38%, 3/21/2030<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186221 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.50%, 4/1/2030<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;189961 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.75%, 9/10/2026<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203566 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 20FX, 1.88%, 3/21/2038 (a)<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;174598 |
| Societe Generale SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.13%, 2/24/2026<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;285721 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.13%, 2/18/2028<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88292 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.25%, 7/8/2027<br>| EUR | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;363885 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 1/25/2027<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92357 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.13%, 1/23/2025<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;303120 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.25%, 2/15/2024<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;208248 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 6/12/2030<br>| EUR | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;338313 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.75%, 3/22/2029<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;272834 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.13%, 9/27/2028<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94049 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 5/30/2029<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99152 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 4.25%, 11/16/2032<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106478 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 0.60%, 1.50%, 5/30/2025 (b)<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;206805 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3 Month EURIBOR + 0.80%, 0.63%, 12/2/2027 (b)<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91756 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3 Month EURIBOR + 0.95%, 0.50%, 6/12/2029 (b)<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85618 |
| Suez SACA Series EMTN, 2.88%, 5/24/2034<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;179814 |
| Total Capital International SA Series EMTN, 1.38%, 10/4/2029<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92703 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| TotalEnergies Capital Canada, Ltd. Series EMTN, 2.13%, 9/18/2029<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$292118 |
| TotalEnergies Capital International SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.75%, 7/12/2028<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92153 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.49%, 4/8/2027<br>| EUR | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;394417 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.62%, 5/18/2040<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;149352 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.99%, 4/8/2032<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93161 |
| Unibail-Rodamco-Westfield SE: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.63%, 5/4/2027<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;181351 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.38%, 12/4/2031<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79927 |
| Vinci SA Series EMTN, 1.75%, 9/26/2030<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94760 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26785236 |
| **GERMANY — 11.5%** | **GERMANY — 11.5%** | **GERMANY — 11.5%** |  |
| Allianz Finance II B.V. Series 62, 4.50%, 3/13/2043<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;113444 |
| Amprion GmbH 3.97%, 9/22/2032<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;210330 |
| Aroundtown SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.01%, 7/16/2026<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75778 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.01%, 7/16/2026<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75778 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.38%, 4/15/2027<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70326 |
| BASF SE: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.25%, 6/5/2027<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;281938 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.88%, 11/15/2027<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96837 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 3/17/2031<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90213 |
| Bayer AG: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.05%, 1/12/2025<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;198807 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.38%, 7/6/2024<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204011 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 1/6/2027<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;188651 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.13%, 1/6/2030<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87942 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%, 7/6/2032<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;167659 |
| Bayer Capital Corp B.V. 2.13%, 12/15/2029<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;284368 |
| Bayer Capital Corp. B.V. 1.50%, 6/26/2026<br>| EUR | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;396030 |
| BMW Finance NV: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 2/22/2025<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;301999 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.00%, 11/14/2024<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102644 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG INTERNATIONAL CORPORATE BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.50%, 2/6/2029<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$189121 |
| Commerzbank AG: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.63%, 8/28/2024<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203604 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.00%, 3/4/2026<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195871 |
| Deutsche Bank AG: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.63%, 1/20/2027<br>| EUR | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;376195 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.63%, 12/16/2024<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111691 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 1.20%, 0.75%, 2/17/2027 (b)<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186071 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3 Month EURIBOR + 1.38%, 1.88%, 2/23/2028 (b)<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;279937 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 1.60%, 1.00%, 11/19/2025 (b)<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199193 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 2.05%, 1.75%, 11/19/2030 (b)<br>| EUR | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;335079 |
| Deutsche Telekom AG: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.50%, 7/5/2027<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94658 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.75%, 3/25/2031<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92536 |
| Deutsche Telekom International Finance B.V.: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.88%, 1/30/2024<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104364 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.38%, 12/1/2025<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;304230 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.50%, 4/3/2028<br>| EUR | &nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;241321 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.00%, 12/1/2029<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192672 |
| E.ON International Finance B.V.: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.50%, 7/31/2029<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92221 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 5.88%, 10/30/2037<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120301 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 6.13%, 7/6/2039<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;123086 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 6.25%, 6/3/2030<br>| GBP | &nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;187523 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 6.38%, 6/7/2032<br>| GBP | &nbsp;&nbsp;190000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;241645 |
| E.ON SE Series EMTN, 0.38%, 9/29/2027<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186555 |
| Grand City Properties SA Series EMTN, 0.13%, 1/11/2028<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71394 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| HeidelbergCement AG Series EMTN, 1.50%, 2/7/2025<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$204630 |
| HeidelbergCement Finance Luxembourg SA Series EMTN, 1.63%, 4/7/2026<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200316 |
| Mercedes-Benz Group AG: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.75%, 9/10/2030<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;174442 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.75%, 3/11/2033<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79854 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.00%, 11/15/2027<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96216 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.13%, 11/6/2031<br>| EUR | &nbsp;&nbsp;125000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;107847 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.38%, 5/11/2028<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;288615 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.40%, 1/12/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52731 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.50%, 7/3/2029<br>| EUR | &nbsp;&nbsp;225000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;212762 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.13%, 7/3/2037<br>| EUR | &nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;131349 |
| Mercedes-Benz International Finance B.V.: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.63%, 5/6/2027<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;285492 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.88%, 4/9/2024<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;310623 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.00%, 11/11/2025<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100322 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.50%, 3/9/2026<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;201913 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.00%, 8/22/2026<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102076 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.63%, 4/7/2025<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;210696 |
| Mercedes-Benz International Finance BV Series EMTN, 0.85%, 2/28/2025<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203151 |
| RWE AG: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 5/24/2026<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;303388 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 5/24/2026<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101129 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 5/24/2030<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97184 |
| SAP SE: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 3/10/2028<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;290513 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.63%, 3/10/2031<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93039 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.75%, 2/22/2027<br>| EUR | &nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;151061 |
| Siemens Financieringsmaatschappij NV: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.01%, 2/20/2026<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192519 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG INTERNATIONAL CORPORATE BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.13%, 9/5/2029<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$175662 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.25%, 2/20/2029<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;266776 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.38%, 6/5/2026<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;193041 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.50%, 9/5/2034<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77088 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.00%, 2/20/2025<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111708 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.38%, 9/6/2030<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;278670 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.88%, 3/10/2028<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104646 |
| Traton Finance Luxembourg SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.13%, 3/24/2025<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97256 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.75%, 3/24/2029<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170825 |
| Volkswagen Financial Services AG: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.13%, 2/12/2027<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89123 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.25%, 1/31/2025<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98953 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.88%, 1/31/2028<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;176947 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.50%, 10/1/2024<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204249 |
| Volkswagen International Finance NV: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.88%, 9/22/2028<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;173251 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.63%, 1/16/2030<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;179589 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 10Y, 1.88%, 3/30/2027<br>| EUR | &nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;480273 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 11/18/2030<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;194827 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 11/16/2038 (a)<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97493 |
| Volkswagen Leasing GmbH: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.13%, 4/4/2024<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;206244 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.38%, 1/20/2025<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100984 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.63%, 1/15/2024<br>| EUR | &nbsp;&nbsp;235000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;249114 |
| Vonovia SE: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.01%, 12/1/2025<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186855 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.25%, 9/1/2028<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;163178 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.63%, 12/14/2029<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;156711 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.75%, 9/1/2032<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70701 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%, 6/16/2033<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;211573 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| Wintershall Dea Finance B.V.: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.84%, 9/25/2025<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$96029 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.33%, 9/25/2028<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;172650 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.82%, 9/25/2031<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78674 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16130981 |
| **IRELAND — 0.3%** | **IRELAND — 0.3%** | **IRELAND — 0.3%** |  |
| AIB Group PLC Series EMTN, 1 year GBP Swap + 1.30%, 2.25%, 4/4/2028 (b)<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95219 |
| Bank of Ireland Group PLC Series EMTN, 1 year GBP Swap + 1.10%, 1.88%, 6/5/2026 (b)<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99056 |
| Ryanair DAC Series EMTN, 0.88%, 5/25/2026<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95395 |
| Smurfit Kappa Acquisitions ULC 2.88%, 1/15/2026<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103381 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;393051 |
| **ITALY — 5.1%** | **ITALY — 5.1%** | **ITALY — 5.1%** |  |
| Assicurazioni Generali SpA Series EMTN, 5.13%, 9/16/2024<br>| EUR | &nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;273583 |
| ASTM SpA: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.50%, 1/25/2030<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82327 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.38%, 11/25/2033<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;153275 |
| Autostrade per l'Italia SpA: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 12/4/2028<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175345 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 1/15/2030<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84363 |
| Enel Finance International NV: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.01%, 6/17/2024<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203059 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.01%, 6/17/2027<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90224 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.01%, 6/17/2027<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90224 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.38%, 6/17/2027<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275956 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 6/17/2030<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;163242 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.88%, 9/28/2034<br>| EUR | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;286268 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.88%, 6/17/2036<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136511 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.00%, 9/16/2024<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205402 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.13%, 9/16/2026<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98130 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.50%, 7/21/2025<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203518 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 4/11/2029<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102756 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 5.63%, 8/14/2024<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60622 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG INTERNATIONAL CORPORATE BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 5.75%, 9/14/2040<br>| GBP | &nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$291594 |
| Eni SpA: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.38%, 6/14/2028<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88078 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.63%, 1/23/2030<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83468 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.50%, 2/2/2026<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;299882 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3.63%, 1/29/2029<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;317120 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3.75%, 9/12/2025<br>| EUR | &nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;162421 |
| Intesa Sanpaolo SpA: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.75%, 3/16/2028<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177452 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.00%, 7/4/2024<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205170 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.38%, 1/18/2024<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;209847 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.75%, 3/20/2028<br>| EUR | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;372233 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.75%, 7/4/2029<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;268905 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.13%, 5/26/2025<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102195 |
| Snam SpA Series EMTN, 0.88%, 10/25/2026<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;193009 |
| Terna SPA Series EMTN, 1.38%, 7/26/2027<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96370 |
| UniCredit SpA: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.33%, 1/19/2026<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;189784 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.50%, 4/9/2025<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98730 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.85%, 1/19/2031<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;154450 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.13%, 10/24/2026<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100746 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 0.90%, 0.80%, 7/5/2029 (b)<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85795 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 1.55%, 1.25%, 6/25/2025 (b)<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;306416 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 1.60%, 1.25%, 6/16/2026 (b)<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;196931 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 2.55%, 2.20%, 7/22/2027 (b)<br>| EUR | &nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;483068 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7168469 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| **JAPAN — 2.6%** | **JAPAN — 2.6%** | **JAPAN — 2.6%** |  |
| Mitsubishi UFJ Financial Group, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3 Month EURIBOR + 0.94%, 2.26%, 6/14/2025 (b)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$207727 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 1.03%, 3.27%, 9/19/2025 (b)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;210073 |
| Mizuho Financial Group, Inc. Series EMTN, 0.69%, 10/7/2030<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;164459 |
| NTT Finance Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series REGS, 0.01%, 3/3/2025<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;197958 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series REGS, 0.34%, 3/3/2030<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;168062 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 18, 0.38%, 9/20/2030<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;100000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;730161 |
| Seven & i Holdings Co., Ltd. Series 14, 0.19%, 12/19/2025<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;100000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;754323 |
| Sumitomo Mitsui Financial Group, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.63%, 10/23/2029 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84612 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.55%, 6/15/2026<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;197111 |
| Takeda Pharmaceutical Co., Ltd.: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%, 7/9/2032<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;252845 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 7/9/2040<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;151409 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series REGS, 2.25%, 11/21/2026<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;202724 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series REGS, 3.00%, 11/21/2030<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250323 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3571787 |
| **LUXEMBOURG — 0.1%** | **LUXEMBOURG — 0.1%** | **LUXEMBOURG — 0.1%** |  |
| Logicor Financing Sarl Series EMTN, 1.63%, 7/15/2027<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86521 |
| **MEXICO — 0.1%** | **MEXICO — 0.1%** | **MEXICO — 0.1%** |  |
| America Movil SAB de CV 4.38%, 8/7/2041<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101366 |
| **NETHERLANDS — 5.8%** | **NETHERLANDS — 5.8%** | **NETHERLANDS — 5.8%** |  |
| ABN AMRO Bank NV: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 9/23/2029<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;338123 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.60%, 1/15/2027<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;187988 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.88%, 1/15/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104616 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.00%, 4/16/2025<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;318000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;324908 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%, 6/2/2033<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;313723 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.25%, 5/28/2025<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101173 |
| ASML Holding NV 1.38%, 7/7/2026<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100263 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG INTERNATIONAL CORPORATE BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| Cooperatieve Rabobank UA: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.63%, 2/27/2024<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$310943 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series GMTN, 1.13%, 5/7/2031<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;168951 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series GMTN, 1.25%, 3/23/2026<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300615 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series GMTN, 1.38%, 2/3/2027<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;295961 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 7/14/2025<br>| EUR | &nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;273135 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series GMTN, 3 Month EURIBOR + 0.52%, 0.38%, 12/1/2027 (b)<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92213 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series GMTN, 3 Month EURIBOR + 1.18%, 0.88%, 5/5/2028 (b)<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185195 |
| Heineken NV Series EMTN, 1.00%, 5/4/2026<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98428 |
| ING Groep NV: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.38%, 1/11/2028<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93649 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.00%, 9/20/2028<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190694 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.13%, 1/10/2026<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203080 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.50%, 11/15/2030<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;289970 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3.00%, 2/18/2026<br>| GBP | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;223775 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 0.60%, 0.10%, 9/3/2025 (b)<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199546 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3 Month EURIBOR + 0.68%, 0.25%, 2/18/2029 (b)<br>| EUR | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;343687 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3 Month EURIBOR + 0.70%, 0.25%, 2/1/2030 (b)<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;248521 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3 Month EURIBOR + 0.70%, 0.38%, 9/29/2028 (b)<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;264350 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3 Month EURIBOR + 0.85%, 1.25%, 2/16/2027 (b)<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;290565 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 1.10%, 2.13%, 5/23/2026 (b)<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101570 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3 Month EURIBOR + 1.15%, 1.75%, 2/16/2031 (b)<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177678 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, SONIA + 0.90%, 1.13%, 12/7/2028 (b)<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96237 |
| Koninklijke KPN NV Series GMTN, 5.75%, 9/17/2029<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120168 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| LeasePlan Corp. NV: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.25%, 2/23/2026<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$185496 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.25%, 9/7/2026<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91343 |
| Shell International Finance B.V.: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.13%, 11/8/2027<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91006 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.38%, 2/15/2025<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100447 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.50%, 5/11/2024<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103021 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.50%, 11/8/2031<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81490 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.75%, 8/15/2028<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91401 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.88%, 11/8/2039<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;131805 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.13%, 4/7/2024<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104109 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.25%, 5/12/2028<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;189347 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.25%, 11/11/2032<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171396 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.50%, 4/7/2028<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96502 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.50%, 4/7/2028<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96502 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.63%, 1/20/2027<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;297645 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.88%, 9/15/2025<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102615 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.88%, 4/7/2032<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91928 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.50%, 3/24/2026<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103495 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8169273 |
| **NORWAY — 0.5%** | **NORWAY — 0.5%** | **NORWAY — 0.5%** |  |
| DNB Bank ASA: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3 Month EURIBOR + 0.32%, 0.38%, 1/18/2028 (b)<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92963 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 0.53%, 0.25%, 2/23/2029 (b)<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;263185 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 0.77%, 3.13%, 9/21/2027 (b)<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104312 |
| &nbsp;&nbsp;&nbsp;&nbsp; UK 10 year Gilt + 1.35%, 2.63%, 6/10/2026 (b)<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;113242 |
| &nbsp;&nbsp;&nbsp;&nbsp; UK 10 year Gilt + 2.15%, 4.00%, 8/17/2027 (b)<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;113647 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;687349 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG INTERNATIONAL CORPORATE BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| **PORTUGAL — 0.1%** | **PORTUGAL — 0.1%** | **PORTUGAL — 0.1%** |  |
| EDP Finance BV Series EMTN, 1.88%, 9/21/2029<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$187725 |
| **SPAIN — 6.2%** | **SPAIN — 6.2%** | **SPAIN — 6.2%** |  |
| Abertis Infraestructuras SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.38%, 9/27/2027<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;193182 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3.00%, 3/27/2031<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92604 |
| Banco Bilbao Vizcaya Argentaria SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.38%, 10/2/2024<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101260 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series GMTN, 0.38%, 11/15/2026<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93559 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series GMTN, 0.50%, 1/14/2027<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186284 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series GMTN, 0.75%, 6/4/2025<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300743 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%, 6/21/2026<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;194806 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series GMTN, 1.13%, 2/28/2024<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;208076 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series GMTN, 1.38%, 5/14/2025<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101509 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 11/26/2025<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;202146 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 9/20/2027<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;311016 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3 Month EURIBOR + 0.82%, 0.88%, 1/14/2029 (b)<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89271 |
| Banco de Sabadell SA Series EMTN, 0.88%, 7/22/2025<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;194636 |
| Banco Santander SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.20%, 2/11/2028<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;264038 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.25%, 6/19/2024 (a)<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204140 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.30%, 10/4/2026<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93900 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.00%, 11/4/2031<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;164108 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.13%, 1/17/2025<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;304400 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.38%, 7/31/2024<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;113644 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.38%, 1/5/2026<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98959 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.38%, 1/5/2026<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;197918 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1 year GBP Swap + 0.35%, 0.10%, 1/26/2025 (b)<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205801 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1 year GBP Swap + 0.78%, 0.63%, 6/24/2029 (b)<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175140 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1 year GBP Swap + 1.05%, 3.63%, 9/27/2026 (b)<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$211219 |
| CaixaBank SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.38%, 2/3/2025<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199071 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.13%, 5/17/2024<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;206665 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.13%, 3/27/2026<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;194394 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.38%, 6/19/2026<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;193307 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.38%, 2/1/2024<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;316917 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3 Month EURIBOR + 0.62%, 0.63%, 1/21/2028 (b)<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185349 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 0.90%, 0.50%, 2/9/2029 (b)<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;172713 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 1.00%, 0.75%, 5/26/2028 (b)<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89668 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 1.17%, 0.75%, 7/10/2026 (b)<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;293938 |
| Iberdrola Finanzas SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.00%, 3/7/2025<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101453 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.38%, 3/11/2032<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88230 |
| Iberdrola International B.V. Series EMTN, 1.13%, 4/21/2026<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199722 |
| Naturgy Finance B.V.: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.25%, 1/15/2026<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;196659 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.38%, 1/19/2027<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96301 |
| Santander Consumer Finance SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.38%, 6/27/2024<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101920 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.38%, 1/17/2025 (a)<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199705 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.00%, 2/27/2024<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103758 |
| Telefonica Emisiones SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.66%, 2/3/2030<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85779 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.20%, 8/21/2027<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190439 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.45%, 1/22/2027<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195751 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.46%, 4/13/2026<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199123 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.53%, 1/17/2025<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205804 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG INTERNATIONAL CORPORATE BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.72%, 1/12/2028<br>| EUR | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$386829 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.59%, 5/25/2031<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96472 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8602326 |
| **SWEDEN — 2.0%** | **SWEDEN — 2.0%** | **SWEDEN — 2.0%** |  |
| Heimstaden Bostad Treasury BV Series EMTN, 0.25%, 10/13/2024<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;188578 |
| Skandinaviska Enskilda Banken AB: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.05%, 7/1/2024<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101691 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.38%, 2/11/2027<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185256 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series GMTN, 0.38%, 6/21/2028<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175887 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.63%, 11/12/2029<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170485 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.75%, 8/9/2027<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185705 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 11/11/2026<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;299205 |
| Svenska Handelsbanken AB: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.05%, 9/6/2028<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86910 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.13%, 11/3/2026<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186948 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 2/18/2030<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;249725 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 2/18/2030<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83242 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.00%, 4/15/2025<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;202455 |
| Swedbank AB: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series GMTN, 0.25%, 11/2/2026<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93534 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.75%, 5/5/2025<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199398 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.10%, 5/25/2027<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;198761 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1 year GBP Swap + 0.57%, 0.30%, 5/20/2027 (b)<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186538 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2794318 |
| **SWITZERLAND — 4.3%** | **SWITZERLAND — 4.3%** | **SWITZERLAND — 4.3%** |  |
| Credit Suisse AG: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.25%, 1/5/2026<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;181132 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.25%, 9/1/2028<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;153978 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.13%, 12/15/2025<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101140 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.50%, 4/10/2026<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184836 |
| Credit Suisse Group AG: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.63%, 1/18/2033<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117583 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.65%, 9/10/2029<br>| EUR | &nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$355526 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1 year GBP Swap + 0.75%, 1.25%, 7/17/2025 (b)<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;286900 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1 year GBP Swap + 1.05%, 1.00%, 6/24/2027 (b)<br>| EUR | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;334867 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1 year GBP Swap + 1.60%, 2.13%, 10/13/2026 (b)<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90638 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1 year GBP Swap + 3.50%, 3.25%, 4/2/2026 (b)<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;287078 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, UK 10 year Gilt + 2.23%, 2.25%, 6/9/2028 (b)<br>| GBP | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;277581 |
| &nbsp;&nbsp;&nbsp;&nbsp; UK 10 year Gilt + 4.55%, 7.38%, 9/7/2033 (b)<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;109199 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1 year GBP Swap + 0.77%, 0.65%, 1/14/2028 (b)<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;238752 |
| Holcim Finance Luxembourg SA Series EMTN, 2.25%, 5/26/2028<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;291664 |
| Novartis Finance SA 0.01%, 9/23/2028<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;176456 |
| Richemont International Holding SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%, 3/26/2026<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199094 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 3/26/2030<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;187116 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 3/26/2038<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84065 |
| Roche Finance Europe B.V. Series EMTN, 0.88%, 2/25/2025<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103061 |
| UBS AG Series EMTN, 0.01%, 3/31/2026<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;188796 |
| UBS Group AG: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.25%, 2/24/2028<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;173920 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.63%, 2/24/2033<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228185 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.88%, 11/3/2031<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160300 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.25%, 9/1/2026<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96202 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 11/30/2024<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103804 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1 year GBP Swap + 0.48%, 0.25%, 11/3/2026 (b)<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;189805 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1 year GBP Swap + 0.55%, 0.25%, 1/29/2026 (b)<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195738 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1 year GBP Swap + 0.77%, 0.25%, 11/5/2028 (b)<br>| EUR | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;348547 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1 year GBP Swap + 1.15%, 2.75%, 6/15/2027 (b)<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;201886 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG INTERNATIONAL CORPORATE BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1 year GBP Swap + 0.75%, 1.25%, 4/17/2025 (b)<br>| EUR | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$410211 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6058060 |
| **UNITED KINGDOM — 9.2%** | **UNITED KINGDOM — 9.2%** | **UNITED KINGDOM — 9.2%** |  |
| Annington Funding PLC Series EMTN, 3.94%, 7/12/2047<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86077 |
| Barclays PLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3.13%, 1/17/2024<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117528 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3.25%, 2/12/2027<br>| GBP | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;215590 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3.25%, 1/17/2033<br>| GBP | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;281319 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1 year GBP Swap + 0.78%, 1.38%, 1/24/2026 (b)<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199792 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1 year GBP Swap + 0.85%, 0.88%, 1/28/2028 (b)<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;182425 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1 year GBP Swap + 1.26%, 0.58%, 8/9/2029 (b)<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;168519 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1 year GBP Swap + 1.68%, 2.89%, 1/31/2027 (b)<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101041 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1 year GBP Swap + 3.70%, 3.38%, 4/2/2025 (b)<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105641 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1 year GBP Swap + 3.70%, 3.38%, 4/2/2025 (b)<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;211283 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1 year GBP Swap + 1.00%, 1.11%, 5/12/2032 (b)<br>| EUR | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;314121 |
| BAT International Finance PLC Series EMTN, 2.25%, 1/16/2030<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86614 |
| BG Energy Capital PLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 5.00%, 11/4/2036<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;115990 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 5.13%, 12/1/2025<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120868 |
| BP Capital Markets PLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.23%, 5/8/2031<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171925 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.57%, 2/16/2027<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195648 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 4/7/2024<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104759 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.52%, 4/7/2028<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199853 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.82%, 4/7/2032<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97028 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.97%, 2/27/2026<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;209830 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| British Telecommunications PLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.00%, 11/21/2024<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$101263 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.50%, 6/23/2027<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;191622 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.75%, 3/10/2026<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100058 |
| Cadent Finance PLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.13%, 9/22/2028<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100603 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.63%, 9/22/2038<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81225 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.75%, 9/22/2046<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73613 |
| CCEP Finance Ireland DAC 0.88%, 5/6/2033<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78179 |
| Centrica PLC Series EMTN, 7.00%, 9/19/2033<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;128840 |
| CK Hutchison Finance 16 II, Ltd. 0.88%, 10/3/2024<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;201711 |
| CK Hutchison Group Telecom Finance SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 4/17/2026<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95709 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.13%, 10/17/2028<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88560 |
| Connect Plus M25 Issuer PLC 2.61%, 3/31/2039<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;89304 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87050 |
| Diageo Finance PLC Series EMTN, 2.50%, 3/27/2032<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98242 |
| easyJet FinCo B.V.: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.88%, 3/3/2028<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85716 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.88%, 3/3/2028<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85716 |
| GlaxoSmithKline Capital PLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.25%, 5/21/2026<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99507 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.25%, 10/12/2028<br>| GBP | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199545 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.38%, 12/2/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51627 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.38%, 12/2/2024<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103253 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 6.38%, 3/9/2039<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;137681 |
| Heathrow Funding, Ltd.: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 4.63%, 10/31/2046<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98417 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series REGS, 6.45%, 12/10/2031<br>| GBP | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;246916 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 6.75%, 12/3/2028<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;122882 |
| HSBC Holdings PLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.88%, 9/6/2024<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;306874 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG INTERNATIONAL CORPORATE BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.50%, 3/15/2027<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$299109 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 8/16/2028<br>| GBP | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203972 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1 year GBP SONIA ICE Swap + 1.32%, 2.26%, 11/13/2026 (b)<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108354 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1 year GBP Swap + 1.65%, 3.00%, 7/22/2028 (b)<br>| GBP | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;209232 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3 Month EURIBOR + 1.03%, 0.77%, 11/13/2031 (b)<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;243352 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3 Month EURIBOR + 1.45%, 3.02%, 6/15/2027 (b)<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203256 |
| &nbsp;&nbsp;&nbsp;&nbsp; SONIA + 1.31%, 1.75%, 7/24/2027 (b)<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103392 |
| Imperial Brands Finance Netherlands B.V. Series EMTN, 1.75%, 3/18/2033<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75047 |
| Lloyds Bank Corporate Markets PLC Series EMTN, 2.38%, 4/9/2026<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203369 |
| Lloyds Bank PLC Series EMTN, 6.50%, 9/17/2040<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;123705 |
| Lloyds Banking Group PLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.50%, 9/12/2027<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;191588 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.25%, 10/16/2024<br>| GBP | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228234 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 8/24/2030<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97717 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1 year GBP Swap + 0.85%, 0.50%, 11/12/2025 (b)<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99701 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1 year GBP Swap + 3.75%, 3.50%, 4/1/2026 (b)<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;209917 |
| &nbsp;&nbsp;&nbsp;&nbsp; UK 10 year Gilt + 1.30%, 1.88%, 1/15/2026 (b)<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110788 |
| Logicor 2019-1 UK PLC 1.88%, 11/17/2026<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104601 |
| Nationwide Building Society: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.25%, 7/22/2025<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98217 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3 Month EURIBOR + 0.93%, 1.50%, 3/8/2026 (b)<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99720 |
| Natwest Group PLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1 year GBP Swap + 1.49%, 2.88%, 9/19/2026 (b)<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110384 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 0.95%, 0.78%, 2/26/2030 (b)<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;167451 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 1.08%, 1.75%, 3/2/2026 (b)<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$301239 |
| NatWest Group PLC Series EMTN, UK 10 year Gilt + 2.10%, 3.62%, 3/29/2029 (b)<br>| GBP | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;209884 |
| NatWest Markets PLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.13%, 11/12/2025<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95535 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.13%, 6/18/2026<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;279247 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%, 3/2/2027<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;286249 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.75%, 4/2/2025<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207806 |
| Sky, Ltd. Series EMTN, 2.50%, 9/15/2026<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205042 |
| THFC Funding No. 3 PLC Series EMTN, 5.20%, 10/11/2043<br>| GBP | &nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171512 |
| Unilever Finance Netherlands B.V.: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.25%, 3/25/2025<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102259 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 3/25/2030<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192341 |
| University of Oxford 2.54%, 12/8/2117<br>| GBP | &nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101230 |
| Vodafone Group PLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.13%, 11/20/2025<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199177 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.60%, 7/29/2031<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;176671 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.63%, 11/24/2030<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;179994 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.88%, 9/11/2025<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51060 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.20%, 8/25/2026<br>| EUR | &nbsp;&nbsp;128000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130013 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3.00%, 8/12/2056<br>| GBP | &nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;109572 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3.38%, 8/8/2049<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82064 |
| Wellcome Trust Ltd 1.50%, 7/14/2071<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52129 |
| Wellcome Trust, Ltd. 2.52%, 2/7/2118<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67052 |
| Western Power Distribution West Midlands PLC Series EMTN, 5.75%, 4/16/2032<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;121359 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12863201 |
| **UNITED STATES — 26.1%** | **UNITED STATES — 26.1%** | **UNITED STATES — 26.1%** |  |
| Abbott Ireland Financing DAC 1.50%, 9/27/2026<br>| EUR | &nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;149998 |
| AbbVie, Inc. 1.38%, 5/17/2024<br>| EUR | &nbsp;&nbsp;&nbsp;114000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;118407 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG INTERNATIONAL CORPORATE BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| Altria Group, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.20%, 6/15/2027<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$95862 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 6/15/2031<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;176774 |
| American Honda Finance Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.30%, 7/7/2028<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88280 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95%, 10/18/2024<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207697 |
| American International Group, Inc. 1.88%, 6/21/2027<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96189 |
| American Medical Systems Europe B.V. 0.75%, 3/8/2025<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100137 |
| Amgen, Inc. 4.00%, 9/13/2029<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;113354 |
| Apple, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 11/15/2031<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84741 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.88%, 5/24/2025<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;202965 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%, 1/17/2024<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105808 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%, 5/24/2029<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;285991 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.63%, 11/10/2026<br>| EUR | &nbsp;&nbsp;340000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;344337 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.05%, 7/31/2029<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;112301 |
| AT&T, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.80%, 3/4/2030<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170526 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.60%, 5/19/2028<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;284050 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.80%, 9/5/2026<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99333 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.35%, 9/5/2029<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192927 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 3/15/2024<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;316075 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 3/15/2035<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86433 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 12/4/2026<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110861 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 9/4/2036<br>| EUR | &nbsp;&nbsp;203000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;187001 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 12/17/2025<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;107556 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.55%, 12/17/2032<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;302838 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 6/1/2043<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97574 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 9/14/2029<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56569 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 6/1/2044<br>| GBP | &nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;265573 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 7.00%, 4/30/2040<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;134736 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 7.00%, 4/30/2040<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67608 |
| Bank of America Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.30%, 7/25/2025<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;112740 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 7.00%, 7/31/2028<br>| GBP | &nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;322460 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 0.73%, 0.58%, 8/8/2029 (b)<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86546 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 0.75%, 0.81%, 5/9/2026 (b)<br>| EUR | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;394921 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 0.76%, 0.58%, 8/24/2028 (b)<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;269351 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 0.79%, 0.69%, 3/22/2031 (b)<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82556 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 0.89%, 1.66%, 4/25/2028 (b)<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$286709 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 0.91%, 1.38%, 5/9/2030 (b)<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177571 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 0.91%, 1.95%, 10/27/2026 (b)<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100153 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 0.94%, 0.65%, 10/26/2031 (b)<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160759 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 0.95%, 1.10%, 5/24/2032 (b)<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81840 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 1.03%, 1.38%, 2/7/2025 (b)<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207692 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 1.20%, 1.78%, 5/4/2027 (b)<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98357 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 1.20%, 2.82%, 4/27/2033 (b)<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93222 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 3.67%, 3.65%, 3/31/2029 (b)<br>| EUR | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;411978 |
| Berkshire Hathaway Finance Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 6/19/2039<br>| GBP | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170201 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 6/19/2059<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75940 |
| Berkshire Hathaway, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 3/12/2025<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98934 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.13%, 3/16/2027<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;287778 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.30%, 3/15/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52003 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.63%, 3/16/2035<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;163735 |
| Booking Holdings, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.80%, 3/3/2027<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98366 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 9/23/2024<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;209250 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 11/15/2031<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;215380 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 11/15/2034<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108191 |
| BorgWarner, Inc. 1.00%, 5/19/2031<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79119 |
| Celanese US Holdings LLC 4.78%, 7/19/2026<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203285 |
| Citigroup, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.25%, 4/10/2029<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;178634 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.50%, 10/26/2028<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92035 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 1/28/2025<br>| EUR | &nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;154851 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.38%, 5/22/2024<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105575 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 1/24/2024<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117666 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.11%, 9/22/2033<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102928 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG INTERNATIONAL CORPORATE BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3 Month EURIBOR + 0.96%, 0.50%, 10/8/2027 (b)<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$278744 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 1.07%, 1.50%, 7/24/2026 (b)<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199750 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3 Month EURIBOR + 1.25%, 3.71%, 9/22/2028 (b)<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;208306 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 1.66%, 1.25%, 7/6/2026 (b)<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;198962 |
| Coca-Cola Co.: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.13%, 3/15/2029<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;174909 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.13%, 3/9/2027<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97450 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.63%, 3/9/2035<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171866 |
| Comcast Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 9/14/2026<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186360 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 2/20/2032<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81134 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 2/20/2036 (a)<br>| GBP | &nbsp;&nbsp;125000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105987 |
| DH Europe Finance II Sarl: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.20%, 3/18/2026<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192536 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 9/18/2031<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;249801 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.35%, 9/18/2039<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145067 |
| Digital Euro Finco LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 1/16/2026<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98785 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 1/16/2026<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98785 |
| Digital Intrepid Holding B.V. 0.63%, 7/15/2031<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72984 |
| Dow Chemical Co. 0.50%, 3/15/2027<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92633 |
| Eli Lilly & Co. 1.70%, 11/1/2049<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72241 |
| Exxon Mobil Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.14%, 6/26/2024<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203783 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.52%, 6/26/2028<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90410 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.84%, 6/26/2032<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80036 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.41%, 6/26/2039<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;139451 |
| FedEx Corp. 1.63%, 1/11/2027<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98347 |
| Fidelity National Information Services, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 5/21/2027<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;191550 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 5/21/2030<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;182425 |
| Goldman Sachs Group Inc: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.25%, 1/26/2028<br>| EUR | &nbsp;&nbsp;380000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;332222 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.00%, 3/18/2033<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;229569 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.00%, 11/1/2028<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;189556 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, UK 10 year Gilt + 1.95%, 3.63%, 10/29/2029 (b)<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;107524 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| Goldman Sachs Group, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.13%, 8/19/2024<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$202743 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.88%, 5/9/2029<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85558 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.88%, 1/21/2030<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;168593 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.25%, 5/1/2025<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;304428 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.38%, 5/15/2024<br>| EUR | &nbsp;&nbsp;296000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;308975 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.50%, 12/7/2027<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100083 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.63%, 7/27/2026<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;198994 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.13%, 9/30/2024<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;208740 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3.00%, 2/12/2031<br>| EUR | &nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144593 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3.13%, 7/25/2029<br>| GBP | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;311082 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 3/27/2025<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;212192 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 4.25%, 1/29/2026<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58243 |
| Honeywell International, Inc. 4.13%, 11/2/2034<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;210701 |
| International Business Machines Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.30%, 2/11/2028<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;269684 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.65%, 2/11/2032<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;241015 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.88%, 1/31/2025<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101289 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.88%, 2/9/2030<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175123 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.95%, 5/23/2025<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;201307 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 5/23/2029<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93298 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 1/31/2031<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;182147 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.88%, 11/7/2025<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106798 |
| Johnson & Johnson 1.65%, 5/20/2035<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;178022 |
| JPMorgan Chase & Co.: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.63%, 1/25/2024<br>| EUR | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;417056 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.50%, 1/27/2025<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103206 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.50%, 10/29/2026<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98663 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.88%, 5/24/2028<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100161 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 0.65%, 0.39%, 2/24/2028 (b)<br>| EUR | &nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;137000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 0.65%, 0.60%, 2/17/2033 (b)<br>| EUR | &nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;385038 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG INTERNATIONAL CORPORATE BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 0.76%, 1.09%, 3/11/2027 (b)<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$291139 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 0.84%, 1.64%, 5/18/2028 (b)<br>| EUR | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;383622 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 0.85%, 1.00%, 7/25/2031 (b)<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;253021 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 0.87%, 1.05%, 11/4/2032 (b)<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;162595 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 0.95%, 1.81%, 6/12/2029 (b)<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94083 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 1.13%, 1.96%, 3/23/2030 (b)<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186166 |
| &nbsp;&nbsp;&nbsp;&nbsp; SONIA + 0.68%, 0.99%, 4/28/2026 (b)<br>| GBP | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;217283 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, SONIA + 1.13%, 1.90%, 4/28/2033 (b)<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90372 |
| Kraft Heinz Foods Co. 2.25%, 5/25/2028<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195894 |
| Medtronic Global Holdings SCA: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 10/15/2025<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96980 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.25%, 7/2/2025<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;197353 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.38%, 10/15/2028<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89046 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%, 7/2/2031<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170833 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.13%, 3/7/2027<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;290607 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%, 10/15/2040<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;138467 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 7/2/2039<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;218692 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.63%, 3/7/2031<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91061 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.63%, 10/15/2050<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63518 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 7/2/2049<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65744 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 3/7/2039<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82718 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 10/15/2031<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101156 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 10/15/2034<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200533 |
| Merck & Co., Inc. 1.88%, 10/15/2026<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101682 |
| Metropolitan Life Global Funding I 0.38%, 4/9/2024<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102674 |
| Microsoft Corp. 3.13%, 12/6/2028<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;219042 |
| Morgan Stanley: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series GMTN, 1.38%, 10/27/2026<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48614 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series GMTN, 1.75%, 3/11/2024<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;314345 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series GMTN, 1.75%, 1/30/2025<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;308562 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series GMTN, 1.88%, 4/27/2027<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;291554 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series GMTN, 2.63%, 3/9/2027<br>| GBP | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$217048 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.79%, 11/18/2033<br>| GBP | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;241056 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3 Month EURIBOR + 0.70%, 0.41%, 10/29/2027 (b)<br>| EUR | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;368452 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3 Month EURIBOR + 0.72%, 0.50%, 2/7/2031 (b)<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;161903 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3 Month EURIBOR + 0.83%, 1.10%, 4/29/2033 (b)<br>| EUR | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;315328 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 0.83%, 1.34%, 10/23/2026 (b)<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98557 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3 Month EURIBOR + 0.87%, 0.50%, 10/26/2029 (b)<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171095 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3 Month EURIBOR + 0.90%, 2.10%, 5/8/2026 (b)<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101716 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3 Month EURIBOR + 1.24%, 2.95%, 5/7/2032 (b)<br>| EUR | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;378252 |
| Nestle Finance International, Ltd.: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.01%, 6/14/2026<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192095 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.38%, 5/12/2032<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80730 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.13%, 4/1/2026<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101117 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.50%, 4/1/2030<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;188662 |
| PepsiCo, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.25%, 5/6/2024<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102896 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.50%, 5/6/2028<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;183872 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 10/14/2033<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80282 |
| Pfizer, Inc. Series REGS, 2.74%, 6/15/2043<br>| GBP | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;174857 |
| Philip Morris International, Inc. Series EMTN, 2.88%, 3/3/2026<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103141 |
| Procter & Gamble Co. 4.88%, 5/11/2027<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228723 |
| Schlumberger Finance B.V.: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%, 10/28/2026<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98457 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 5/6/2032<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;182400 |
| Schneider Electric SE Series EMTN, 0.25%, 9/9/2024<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101411 |
| Stellantis NV: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.63%, 3/30/2027<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184186 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.25%, 6/20/2033<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;149748 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG INTERNATIONAL CORPORATE BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 5/15/2026<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$102157 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.75%, 4/1/2032<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90425 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series GMTN, 3.75%, 3/29/2024<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;213124 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 1/5/2026<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;212168 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 7/7/2028<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;213592 |
| Thermo Fisher Scientific Finance I B.V.: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.80%, 10/18/2030<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;172963 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.13%, 10/18/2033<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;162120 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.63%, 10/18/2041<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;214618 |
| Thermo Fisher Scientific, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 9/12/2024<br>| EUR | &nbsp;&nbsp;148000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;151137 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.88%, 10/1/2049<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67973 |
| Toyota Motor Credit Corp. Series EMTN, 0.25%, 7/16/2026<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;191494 |
| Upjohn Finance B.V. 1.91%, 6/23/2032<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;244132 |
| US Bancorp Series EMTN, 0.85%, 6/7/2024<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103046 |
| Utah Acquisition Sub, Inc. Series ., 2.25%, 11/22/2024<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102984 |
| Verizon Communications, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.88%, 4/2/2025<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;201046 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.88%, 4/8/2027<br>| EUR | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;377887 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 4/8/2030<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;176333 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.30%, 5/18/2033<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242972 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%, 10/27/2026<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;293687 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%, 11/2/2028<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185227 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 12/1/2031<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95807 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 20Y, 2.88%, 1/15/2038<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;179063 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3.25%, 2/17/2026<br>| EUR | &nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;263145 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 10/27/2036<br>| GBP | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;194922 |
| Visa, Inc. 1.50%, 6/15/2026<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300484 |
| Walmart, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 9/21/2029<br>| EUR | &nbsp;&nbsp;121000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140385 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 9/28/2035<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;68000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86330 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 3/27/2034<br>| GBP | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;131401 |
| Wells Fargo & Co.: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.50%, 4/26/2024<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102722 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.63%, 3/25/2030<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81792 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.63%, 8/14/2030<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80627 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.00%, 2/2/2027<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;187275 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.38%, 10/26/2026<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95882 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.50%, 5/24/2027<br>| EUR | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$379722 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.00%, 7/28/2025<br>| GBP | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;221884 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.00%, 4/27/2026<br>| EUR | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;397511 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.13%, 6/4/2024<br>| EUR | &nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104509 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 11/2/2035<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55107 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 1.67%, 1.34%, 5/4/2025 (b)<br>| EUR | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;308890 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3 Month EURIBOR + 1.85%, 1.74%, 5/4/2030 (b)<br>| EUR | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180756 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36619771 |
| **TOTAL CORPORATE BONDS & NOTES<br>(Cost $164,813,136)<br>**  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;137726064 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** |  |
| **SHORT-TERM INVESTMENTS — 6.3%** | **SHORT-TERM INVESTMENTS — 6.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; State Street Institutional U.S. Government Money Market Fund, Class G Shares 4.16% (c)(d) | &nbsp;&nbsp;&nbsp;126467 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;126467 |
| &nbsp;&nbsp;&nbsp;&nbsp; State Street Navigator Securities Lending Portfolio II (e)(f) | 8734973 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8734973 |
| **TOTAL SHORT-TERM INVESTMENTS<br>(Cost $8,861,440)<br>** | **TOTAL SHORT-TERM INVESTMENTS<br>(Cost $8,861,440)<br>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8861440 |
| **TOTAL INVESTMENTS — 104.6%<br>(Cost $173,674,576)<br>** | **TOTAL INVESTMENTS — 104.6%<br>(Cost $173,674,576)<br>** | &nbsp;&nbsp;&nbsp;146587504 |
| **LIABILITIES IN EXCESS OF OTHER<br>ASSETS — (4.6)% <br>** | **LIABILITIES IN EXCESS OF OTHER<br>ASSETS — (4.6)% <br>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6482152) |
| **NET ASSETS — 100.0% <br>** | **NET ASSETS — 100.0% <br>** | $140105352 |

---

(a) All
 or a portion of the shares of the security are on loan at December 31, 2022.

(b) Variable
 Rate Security - Interest rate shown is rate in effect at December 31, 2022. For securities based on a published reference rate and spread, the reference rate and spread are indicated in the description above.

(c) The
 Fund invested in certain money market funds managed by SSGA Funds Management, Inc. Amounts related to these transactions during the period ended December 31, 2022 are shown in the Affiliate Table below.

(d) The
 rate shown is the annualized seven-day yield at December 31, 2022.

(e) The
 Fund invested in an affiliated entity. Amounts related to these transactions during the period ended December 31, 2022 are shown in the Affiliate Table below.

(f) Investment
 of cash collateral for securities loaned.

DMTN Domestic Medium - Term Note <br> EMTN Euro Medium Term Note <br> GMTN Global Medium Term Note

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG INTERNATIONAL CORPORATE BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

MTN Medium Term Note <br> SONIA Sterling Overnight Index Average <br> AUD Australian Dollar

EUR Euro <br> GBP British Pound <br> JPY Japanese Yen

The following table summarizes the value of the Fund's investments according to the fair value hierarchy as of December 31, 2022.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Level 1 –<br> Quoted Prices** | **Level 2 –<br> Other Significant<br> Observable Inputs** | **Level 3 –<br> Significant<br> Unobservable Inputs** | **Total** |
| **ASSETS:** |  |  |  |  |
| **INVESTMENTS:** |  |  |  |  |
| Corporate Bonds & Notes<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | $137726064 | $— | $137726064 |
| Short-Term Investments<br>| &nbsp;&nbsp;8861440 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8861440 |
| **TOTAL INVESTMENTS<br>**  | $8861440 | $137726064 | $— | $146587504 |

---

#### Sector Breakdown as of December 31, 2022

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;% of Total Investments |
| &nbsp;&nbsp;Financial | &nbsp;&nbsp;&nbsp;&nbsp;50.7% |
| &nbsp;&nbsp;Consumer, Non-cyclical | &nbsp;&nbsp;&nbsp;&nbsp;12.8 |
| &nbsp;&nbsp;Communications | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.5 |
| &nbsp;&nbsp;Consumer, Cyclical | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.9 |
| &nbsp;&nbsp;Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.4 |
| &nbsp;&nbsp;Utilities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.1 |
| &nbsp;&nbsp;Industrial | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.0 |
| &nbsp;&nbsp;Technology | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.9 |
| &nbsp;&nbsp;Basic Materials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.7 |
| &nbsp;&nbsp;Short-Term Investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.0 |
| &nbsp;&nbsp;TOTAL | &nbsp;&nbsp;100.0% |

---

(The sector breakdown is expressed as a percentage of total investments and may change over time.)

#### Affiliate Table

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Number of<br> Shares Held<br> at<br> 12/31/21** | **Value at<br>12/31/21** | **Cost of<br> Purchases** | **Proceeds <br> from<br> Shares Sold** | **Realized <br> Gain (Loss)** | **Change in<br> Unrealized<br> Appreciation/<br> Depreciation** | **Number of<br> Shares Held<br> at<br> 12/31/22** | **Value at<br>12/31/22** | **Dividend <br> Income** |
| State Street Institutional U.S. Government Money Market Fund, Class G Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;11467 | &nbsp;&nbsp;&nbsp;&nbsp;$11467 | $17495689 | $17380689 | $— | $— | &nbsp;&nbsp;&nbsp;126467 | &nbsp;&nbsp;$126467 | $4740 |
| State Street Navigator Securities Lending Portfolio II<br>| 2853956 | &nbsp;&nbsp;2853956 | &nbsp;&nbsp;36325794 | &nbsp;&nbsp;30444777 | &nbsp;&nbsp;— | &nbsp;&nbsp;— | 8734973 | &nbsp;&nbsp;8734973 | &nbsp;&nbsp;14843 |
| Total<br>|  | $2865423 | $53821483 | $47825466 | $— | $— |  | $8861440 | $19583 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG INTERNATIONAL TREASURY BOND ETF

#### SCHEDULE OF INVESTMENTS

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| **FOREIGN GOVERNMENT OBLIGATIONS — 99.3%** | **FOREIGN GOVERNMENT OBLIGATIONS — 99.3%** | **FOREIGN GOVERNMENT OBLIGATIONS — 99.3%** |  |
| **AUSTRALIA — 4.6%** | **AUSTRALIA — 4.6%** | **AUSTRALIA — 4.6%** |  |
| Australia Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 159, 0.25%, 11/21/2024<br>| AUD | &nbsp;&nbsp;4409000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2819416 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 161, 0.25%, 11/21/2025<br>| AUD | &nbsp;&nbsp;5105000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3155607 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 164, 0.50%, 9/21/2026<br>| AUD | &nbsp;&nbsp;4898000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2966303 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 160, 1.00%, 12/21/2030<br>| AUD | &nbsp;&nbsp;4246000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2298990 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 163, 1.00%, 11/21/2031<br>| AUD | &nbsp;&nbsp;4025000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2117888 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 158, 1.25%, 5/21/2032<br>| AUD | &nbsp;&nbsp;3980000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2116720 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 157, 1.50%, 6/21/2031<br>| AUD | &nbsp;&nbsp;5039000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2809039 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 165, 1.75%, 11/21/2032<br>| AUD | &nbsp;&nbsp;2823000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1558393 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 162, 1.75%, 6/21/2051<br>| AUD | &nbsp;&nbsp;1971000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;774593 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 149, 2.25%, 5/21/2028<br>| AUD | &nbsp;&nbsp;3673000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2311828 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 155, 2.50%, 5/21/2030<br>| AUD | &nbsp;&nbsp;3785000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2334554 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 137, 2.75%, 4/21/2024<br>| AUD | &nbsp;&nbsp;3571000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2403511 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 148, 2.75%, 11/21/2027<br>| AUD | &nbsp;&nbsp;1950000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1267103 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 148, 2.75%, 11/21/2027<br>| AUD | &nbsp;&nbsp;1228000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;797950 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 152, 2.75%, 11/21/2028<br>| AUD | &nbsp;&nbsp;3130000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2007415 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 154, 2.75%, 11/21/2029<br>| AUD | &nbsp;&nbsp;3354000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2120326 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 145, 2.75%, 6/21/2035<br>| AUD | &nbsp;&nbsp;&nbsp;&nbsp;852000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;497241 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 156, 2.75%, 5/21/2041<br>| AUD | &nbsp;&nbsp;1272000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;686911 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 11/21/2033<br>| AUD | &nbsp;&nbsp;4553000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2794911 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 150, 3.00%, 3/21/2047<br>| AUD | &nbsp;&nbsp;1657000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;892348 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 139, 3.25%, 4/21/2025<br>| AUD | &nbsp;&nbsp;3777000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2549309 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 138, 3.25%, 4/21/2029<br>| AUD | &nbsp;&nbsp;3402000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2233402 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 147, 3.25%, 6/21/2039<br>| AUD | &nbsp;&nbsp;&nbsp;&nbsp;940000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;556529 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 144, 3.75%, 4/21/2037<br>| AUD | &nbsp;&nbsp;1223000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;782791 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 142, 4.25%, 4/21/2026<br>| AUD | &nbsp;&nbsp;3506000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2428641 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 140, 4.50%, 4/21/2033<br>| AUD | &nbsp;&nbsp;2080000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1463476 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 136, 4.75%, 4/21/2027<br>| AUD | &nbsp;&nbsp;3271000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2314833 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51060028 |
| **AUSTRIA — 2.6%** | **AUSTRIA — 2.6%** | **AUSTRIA — 2.6%** |  |
| Austria Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 7/15/2024 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;1211000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1238291 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 4/20/2025 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;944000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;944494 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 10/20/2028 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;384000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;345809 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 2/20/2030 (a)<br>| EUR | &nbsp;&nbsp;1491000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1283190 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 2/20/2031 (a)<br>| EUR | &nbsp;&nbsp;1864000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1554540 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 10/20/2040 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;514000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;312667 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.25%, 10/20/2036 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;413000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;299197 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 4/20/2027 (a)<br>| EUR | &nbsp;&nbsp;1629000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1574691 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 2/20/2029 (a)<br>| EUR | &nbsp;&nbsp;1487000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1367569 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.70%, 4/20/2071 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;580000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;273780 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 10/20/2026 (a)<br>| EUR | &nbsp;&nbsp;2619000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2599775 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 2/20/2028 (a)<br>| EUR | &nbsp;&nbsp;1176000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1128322 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 3/20/2051 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;764000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;467329 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.85%, 6/30/2120 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;307869 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.90%, 2/20/2032 (a)<br>| EUR | &nbsp;&nbsp;1954000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1721077 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.20%, 10/20/2025 (a)<br>| EUR | &nbsp;&nbsp;1585000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1624969 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 2/20/2047 (a)<br>| EUR | &nbsp;&nbsp;1002000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;786859 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 11/2/2086 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;222000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140834 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1, 1.65%, 10/21/2024 (a)<br>| EUR | &nbsp;&nbsp;1298000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1356836 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.85%, 5/23/2049 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;413920 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 7/15/2026<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;295000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;306102 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.10%, 9/20/2117 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;625000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;487113 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 5/23/2034 (a)<br>| EUR | &nbsp;&nbsp;1107000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1100339 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 6/20/2044 (a)<br>| EUR | &nbsp;&nbsp;1356000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1437842 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 1/26/2062 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;612000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;746851 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 3/15/2037 (a)<br>| EUR | &nbsp;&nbsp;1667000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1972060 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 3/15/2026 (a)<br>| EUR | &nbsp;&nbsp;1396000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1583671 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 7/15/2027<br>| EUR | &nbsp;&nbsp;1447000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1770922 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29146918 |
| **BELGIUM — 4.1%** | **BELGIUM — 4.1%** | **BELGIUM — 4.1%** |  |
| Belgium Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 91, 0.01%, 10/22/2027 (a)<br>| EUR | &nbsp;&nbsp;1671000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1558651 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 92, 0.01%, 10/22/2031 (a)<br>| EUR | &nbsp;&nbsp;1813000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1481764 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 89, 0.10%, 6/22/2030 (a)<br>| EUR | &nbsp;&nbsp;1425200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1234312 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 94, 0.35%, 6/22/2032 (a)<br>| EUR | &nbsp;&nbsp;2892000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2390102 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 90, 0.40%, 6/22/2040 (a)<br>| EUR | &nbsp;&nbsp;1127000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;733380 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG INTERNATIONAL TREASURY BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 82, 0.50%, 10/22/2024 (a)<br>| EUR | &nbsp;&nbsp;1951000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2002105 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 93, 0.65%, 6/22/2071 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;680000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;302948 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 74, 0.80%, 6/22/2025 (a)<br>| EUR | &nbsp;&nbsp;2900000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2958069 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 81, 0.80%, 6/22/2027 (a)<br>| EUR | &nbsp;&nbsp;2134000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2089024 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 85, 0.80%, 6/22/2028 (a)<br>| EUR | &nbsp;&nbsp;1935000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1863150 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 87, 0.90%, 6/22/2029 (a)<br>| EUR | &nbsp;&nbsp;2601000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2457430 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 77, 1.00%, 6/22/2026 (a)<br>| EUR | &nbsp;&nbsp;2069000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2086237 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 75, 1.00%, 6/22/2031 (a)<br>| EUR | &nbsp;&nbsp;1767000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1605037 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 86, 1.25%, 4/22/2033 (a)<br>| EUR | &nbsp;&nbsp;1230000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1098400 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 95, 1.40%, 6/22/2053 (a)<br>| EUR | &nbsp;&nbsp;1817000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1227691 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 84, 1.45%, 6/22/2037 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;810000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;679475 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 78, 1.60%, 6/22/2047 (a)<br>| EUR | &nbsp;&nbsp;1329000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1010927 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 88, 1.70%, 6/22/2050 (a)<br>| EUR | &nbsp;&nbsp;1635000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1231382 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 76, 1.90%, 6/22/2038 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;796000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;702439 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 80, 2.15%, 6/22/2066 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;849000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;703168 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 83, 2.25%, 6/22/2057 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;594000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;506972 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 72, 2.60%, 6/22/2024 (a)<br>| EUR | &nbsp;&nbsp;1815000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1932409 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 96, 2.75%, 4/22/2039 (a)<br>| EUR | &nbsp;&nbsp;1100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1078944 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 73, 3.00%, 6/22/2034 (a)<br>| EUR | &nbsp;&nbsp;1132000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1178950 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 71, 3.75%, 6/22/2045<br>| EUR | &nbsp;&nbsp;1243000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1406577 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 66, 4.00%, 3/28/2032<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;932000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1062374 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 60, 4.25%, 3/28/2041 (a)<br>| EUR | &nbsp;&nbsp;1982000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2351600 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 64, 4.50%, 3/28/2026 (a)<br>| EUR | &nbsp;&nbsp;1463000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1649948 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 44, 5.00%, 3/28/2035 (a)<br>| EUR | &nbsp;&nbsp;2368000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2955984 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 31, 5.50%, 3/28/2028<br>| EUR | &nbsp;&nbsp;&nbsp;2112000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2553610 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46093059 |
| **CANADA — 4.6%** | **CANADA — 4.6%** | **CANADA — 4.6%** |  |
| Canadian Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.25%, 4/1/2024<br>| CAD | &nbsp;&nbsp;2915000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2047813 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.25%, 3/1/2026<br>| CAD | &nbsp;&nbsp;2575000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1706013 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 9/1/2025<br>| CAD | &nbsp;&nbsp;3432000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2321774 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 12/1/2030<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2350000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1398780 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 2/1/2024<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1125000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;798662 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 10/1/2024<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;894000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;623576 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%, 9/1/2026<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1009513 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%, 6/1/2027<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1364000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;910951 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 3/1/2025<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1470000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1025434 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 3/1/2027<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1050000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;708377 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 6/1/2030<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3895000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2491644 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 5/1/2024<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1210255 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 9/1/2024<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1139000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;806323 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 4/1/2025<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2575000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1801938 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 6/1/2026<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1403000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;966995 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 6/1/2031<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3590000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2298096 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 12/1/2031<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2490000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1581853 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 12/1/2053<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3410000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1772294 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 6/1/2028<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1350000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;933557 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 6/1/2032<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1420763 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 12/1/2051<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5035000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2822985 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 3/1/2024<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1523000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1097678 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 6/1/2025<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;910000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;648075 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 6/1/2029<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1545000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1073409 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 12/1/2029<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;519310 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 6/1/2024<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1180000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;851042 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 12/1/2032<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2168419 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 8/1/2024<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1905000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1375732 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 9/1/2027<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2425000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1738680 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 12/1/2048<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1117000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;744591 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 12/1/2064<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;685000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;445112 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 11/1/2024<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1875000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1358248 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 10/1/2025<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1525000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1101936 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 3/1/2028<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;741833 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 12/1/2045<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1532000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1159139 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 2/1/2025<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;900000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;660808 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 6/1/2041<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1108000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;887451 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 6/1/2037<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1020000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;892338 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series WL43, 5.75%, 6/1/2029<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1220000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1027047 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 6/1/2033<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1370000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1222846 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series VW17, 8.00%, 6/1/2027<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;370000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;324523 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series A-76, 9.00%, 6/1/2025<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;330000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;272374 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50968187 |
| **CHILE — 0.3%** | **CHILE — 0.3%** | **CHILE — 0.3%** |  |
| Bonos de la Tesoreria de la Republica en pesos: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 10/1/2028 (a)<br>| CLP | &nbsp;&nbsp;170000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;166666 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 3/1/2025<br>| CLP | &nbsp;&nbsp;645000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;682235 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 3/1/2026<br>| CLP | &nbsp;&nbsp;410000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;459842 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 9/1/2030 (a)<br>| CLP | &nbsp;&nbsp;420000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;474723 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/1/2028 (a)<br>| CLP | &nbsp;&nbsp;250000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;283964 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 3/1/2035<br>| CLP | &nbsp;&nbsp;655000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;760069 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 7/15/2050<br>| CLP | &nbsp;&nbsp;295000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;344806 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG INTERNATIONAL TREASURY BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 30YR, 6.00%, 1/1/2043<br>| CLP | &nbsp;&nbsp;&nbsp;&nbsp;330000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$427300 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 5/1/2034<br>| CLP | &nbsp;&nbsp;&nbsp;&nbsp;195000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;265678 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3865283 |
| **CHINA — 4.6%** | **CHINA — 4.6%** | **CHINA — 4.6%** |  |
| China Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.99%, 9/15/2024<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8950000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1280438 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.18%, 6/25/2024<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2956122 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.18%, 8/25/2025<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2572081 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.24%, 5/25/2025<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5550000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;795443 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series INBK, 2.26%, 2/24/2025<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1689111 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.44%, 10/15/2027<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13050000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1856520 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series INBK, 2.47%, 9/2/2024<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16850000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2426363 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series INBK, 2.48%, 4/15/2027<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;712422 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%, 9/1/2032<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1054879 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.69%, 8/15/2032<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1133006 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 6/15/2029<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2550000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;365606 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series INBK, 2.75%, 2/17/2032<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13650000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1937357 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.76%, 5/15/2032<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2650000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;377617 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series INBK, 2.85%, 6/4/2027<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1405104 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series INBK, 2.89%, 11/18/2031<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;919393 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.12%, 10/25/2052<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;425551 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1904, 3.19%, 4/11/2024<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2298392 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1907, 3.25%, 6/6/2026<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2965178 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1827, 3.25%, 11/22/2028<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63850000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9442483 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series INBK, 3.27%, 11/19/2030<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2019546 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series INBK, 3.32%, 4/15/2052<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2092393 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series INBK, 3.39%, 3/16/2050<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7550000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1106440 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series INBK, 3.76%, 3/22/2071<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;634142 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series INBK, 3.81%, 9/14/2050<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;394810 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1824, 4.08%, 10/22/2048<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45380000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7470111 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2417, 4.63%, 8/11/2034<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;841999 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51172507 |
| **COLOMBIA — 0.5%** | **COLOMBIA — 0.5%** | **COLOMBIA — 0.5%** |  |
| Colombian TES: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series B, 5.75%, 11/3/2027<br>| COP | &nbsp;&nbsp;1875000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;292483 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series B, 6.00%, 4/28/2028<br>| COP | &nbsp;&nbsp;6475000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$996325 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series B, 6.25%, 11/26/2025<br>| COP | &nbsp;&nbsp;&nbsp;&nbsp;695000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;122616 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series B, 7.00%, 3/26/2031<br>| COP | &nbsp;&nbsp;1100000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160024 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series B, 7.00%, 6/30/2032<br>| COP | &nbsp;&nbsp;7790000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1091261 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series B, 7.25%, 10/26/2050<br>| COP | &nbsp;&nbsp;4757000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;556132 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series B, 7.50%, 8/26/2026<br>| COP | &nbsp;&nbsp;7658000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1348423 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series B, 9.25%, 5/28/2042<br>| COP | &nbsp;&nbsp;6185000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;921148 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5488412 |
| **CYPRUS — 0.1%** | **CYPRUS — 0.1%** | **CYPRUS — 0.1%** |  |
| Cyprus Government International Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.63%, 1/21/2030<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125356 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.95%, 1/20/2032<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;325000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;258533 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.25%, 1/21/2040<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69810 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.50%, 4/16/2027<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145429 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.38%, 9/25/2028<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;244868 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.75%, 6/27/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103731 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.75%, 2/26/2034<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91356 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.75%, 5/3/2049<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;212711 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 4.25%, 11/4/2025<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108154 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 4.25%, 11/4/2025<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75708 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1435656 |
| **CZECH REPUBLIC — 0.9%** | **CZECH REPUBLIC — 0.9%** | **CZECH REPUBLIC — 0.9%** |  |
| Czech Republic Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 135, 0.01%, 12/12/2024<br>| CZK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242712 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 130, 0.05%, 11/29/2029<br>| CZK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;335866 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 100, 0.25%, 2/10/2027<br>| CZK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15960000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;576808 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 94, 0.95%, 5/15/2030<br>| CZK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14680000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;483154 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 95, 1.00%, 6/26/2026<br>| CZK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14090000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;538124 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 121, 1.20%, 3/13/2031<br>| CZK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21130000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;689955 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 120, 1.25%, 2/14/2025<br>| CZK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;651413 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG INTERNATIONAL TREASURY BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 125, 1.50%, 4/24/2040<br>| CZK | &nbsp;&nbsp;&nbsp;&nbsp;9600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$253234 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 138, 1.75%, 6/23/2032<br>| CZK | &nbsp;&nbsp;&nbsp;11300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;374470 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 142, 1.95%, 7/30/2037<br>| CZK | &nbsp;&nbsp;&nbsp;&nbsp;3500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;107326 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 103, 2.00%, 10/13/2033<br>| CZK | &nbsp;&nbsp;20200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;669353 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 89, 2.40%, 9/17/2025<br>| CZK | &nbsp;&nbsp;17190000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;703262 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 78, 2.50%, 8/25/2028<br>| CZK | &nbsp;&nbsp;18700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;715429 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 105, 2.75%, 7/23/2029<br>| CZK | &nbsp;&nbsp;21430000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;817166 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 145, 3.50%, 5/30/2035<br>| CZK | &nbsp;&nbsp;&nbsp;&nbsp;9400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;329781 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 49, 4.20%, 12/4/2036<br>| CZK | &nbsp;&nbsp;&nbsp;&nbsp;7560000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;307350 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 53, 4.85%, 11/26/2057<br>| CZK | &nbsp;&nbsp;&nbsp;&nbsp;1750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75004 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 8Y, 5.00%, 9/30/2030<br>| CZK | &nbsp;&nbsp;&nbsp;11950000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;521239 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 6Y, 5.50%, 12/12/2028<br>| CZK | &nbsp;&nbsp;&nbsp;&nbsp;4100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;183696 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 58, 5.70%, 5/25/2024<br>| CZK | &nbsp;&nbsp;&nbsp;&nbsp;6990000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;309009 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 2/26/2026<br>| CZK | &nbsp;&nbsp;15050000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;679285 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9563636 |
| **DENMARK — 0.8%** | **DENMARK — 0.8%** | **DENMARK — 0.8%** |  |
| Denmark Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 11/15/2024<br>| DKK | &nbsp;&nbsp;&nbsp;&nbsp;4275000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;582616 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 10Y, 0.01%, 11/15/2031<br>| DKK | &nbsp;&nbsp;10932000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1234572 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series G, 0.01%, 11/15/2031<br>| DKK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;875000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99237 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 30Y, 0.25%, 11/15/2052<br>| DKK | &nbsp;&nbsp;&nbsp;&nbsp;7167000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;551527 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 10Y, 0.50%, 11/15/2027<br>| DKK | &nbsp;&nbsp;&nbsp;&nbsp;7522000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;972209 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 10YR, 0.50%, 11/15/2029<br>| DKK | &nbsp;&nbsp;14471000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1793774 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 11/15/2025<br>| DKK | &nbsp;&nbsp;&nbsp;&nbsp;5418000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;756776 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 11/15/2039<br>| DKK | &nbsp;&nbsp;13049000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2333902 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 11/10/2024<br>| DKK | &nbsp;&nbsp;&nbsp;&nbsp;1002000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;154488 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8479101 |
| **ESTONIA — 0.0% (b)** | **ESTONIA — 0.0% (b)** | **ESTONIA — 0.0% (b)** |  |
| Egypt Government International Bond 4.00%, 10/12/2032<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190800 |
| Estonia Government International Bond 0.13%, 6/10/2030<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83560 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;274360 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| **FINLAND — 1.1%** | **FINLAND — 1.1%** | **FINLAND — 1.1%** |  |
| Finland Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 9/15/2024 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;591000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$602384 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 9/15/2026 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;768000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;738576 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 9/15/2030 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;575000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;487729 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.13%, 9/15/2031 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;992000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;827499 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.13%, 4/15/2036 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;471000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340546 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.13%, 4/15/2052 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;450000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;225243 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.25%, 9/15/2040 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;685000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;444642 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 4/15/2026 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;814000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;809877 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 9/15/2027 (a)<br>| EUR | &nbsp;&nbsp;1273000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1218797 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 9/15/2028 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;454000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;424223 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 9/15/2029 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;748000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;680537 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 4/15/2043 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;467000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;306619 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 4/15/2031 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;737000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;657551 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.88%, 9/15/2025 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;502000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;510037 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.13%, 4/15/2034 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;716000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;622313 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%, 4/15/2027 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;258000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;258188 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 30Y, 1.38%, 4/15/2047 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;626000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;490985 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 9/15/2032 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;430000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;398931 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 4/15/2024 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;514000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;543146 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 7/4/2042 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;548000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;544615 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 7/4/2028 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;804000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;852919 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 7/4/2025 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;699000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;768946 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12754303 |
| **FRANCE — 5.0%** | **FRANCE — 5.0%** | **FRANCE — 5.0%** |  |
| France Government Bond OAT: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 3/25/2024<br>| EUR | &nbsp;&nbsp;1260000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1298790 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 3/25/2025<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;636000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;637979 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 2/25/2026<br>| EUR | &nbsp;&nbsp;1706000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1670183 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 11/25/2029<br>| EUR | &nbsp;&nbsp;1278000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1124832 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 11/25/2030<br>| EUR | &nbsp;&nbsp;1673000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1425068 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 11/25/2031<br>| EUR | &nbsp;&nbsp;1278000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1053391 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.25%, 11/25/2026<br>| EUR | &nbsp;&nbsp;1430000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1386094 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 5/25/2025<br>| EUR | &nbsp;&nbsp;1559000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1576743 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 5/25/2026<br>| EUR | &nbsp;&nbsp;1853000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1833683 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 5/25/2029<br>| EUR | &nbsp;&nbsp;1176000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1085172 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 5/25/2040 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;567000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;383797 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 5/25/2072 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;417000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;166673 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 5/25/2028<br>| EUR | &nbsp;&nbsp;1666000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1595643 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 11/25/2028<br>| EUR | &nbsp;&nbsp;1815000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1723257 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 5/25/2052<br>| EUR | &nbsp;&nbsp;1439000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;823997 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%, 11/25/2025<br>| EUR | &nbsp;&nbsp;1680000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1707074 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%, 5/25/2027<br>| EUR | &nbsp;&nbsp;1347000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1332052 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 5/25/2034<br>| EUR | &nbsp;&nbsp;1227000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1070529 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 5/25/2036 (a)<br>| EUR | &nbsp;&nbsp;1770000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1480207 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 5/25/2031<br>| EUR | &nbsp;&nbsp;1693000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1626280 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 5/25/2050 (a)<br>| EUR | &nbsp;&nbsp;1042000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;761188 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 11/25/2024<br>| EUR | &nbsp;&nbsp;1227000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1283777 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 6/25/2039 (a)<br>| EUR | &nbsp;&nbsp;1015000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;883464 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 5/25/2066 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;485000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;353149 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 5/25/2048 (a)<br>| EUR | &nbsp;&nbsp;1198000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;998966 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG INTERNATIONAL TREASURY BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 5/25/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;871000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$922669 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 5/25/2030<br>| EUR | &nbsp;&nbsp;1764000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1841199 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 10/25/2027<br>| EUR | &nbsp;&nbsp;1792000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1910641 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 5/25/2045<br>| EUR | &nbsp;&nbsp;1007000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1068723 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 4/25/2026<br>| EUR | &nbsp;&nbsp;1586000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1730113 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 10/25/2038<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;956000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1108831 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 4/25/2055 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;806000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;979093 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 4/25/2060<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;552000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;684777 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 4/25/2041<br>| EUR | &nbsp;&nbsp;1330000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1654331 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 4/25/2035<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;966000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1187900 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 4/25/2029<br>| EUR | &nbsp;&nbsp;1431000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1759932 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 10/25/2032<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;875000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1146659 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 10/25/2025<br>| EUR | &nbsp;&nbsp;1051000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1217287 |
| French Republic Government Bond OAT: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 2/25/2024<br>| EUR | &nbsp;&nbsp;1200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1239986 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 2/25/2025<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;903000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;907260 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 2/25/2027<br>| EUR | &nbsp;&nbsp;1505000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1434227 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 5/25/2032<br>| EUR | &nbsp;&nbsp;1550000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1251794 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 6/25/2044 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;310700 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 2/25/2028<br>| EUR | &nbsp;&nbsp;1950000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1877156 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 5/25/2053 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;389913 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 11/25/2032<br>| EUR | &nbsp;&nbsp;1800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1752362 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55657541 |
| **GERMANY — 4.6%** | **GERMANY — 4.6%** | **GERMANY — 4.6%** |  |
| Bundesobligation 1.30%, 10/15/2027<br>| EUR | &nbsp;&nbsp;1451000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1464847 |
| Bundesrepublik Deutschland: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 8/15/2026<br>| EUR | &nbsp;&nbsp;1361000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1329811 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 8/15/2029<br>| EUR | &nbsp;&nbsp;1029000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;935064 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 8/15/2030<br>| EUR | &nbsp;&nbsp;1566000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1390970 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series G, 0.01%, 8/15/2030<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;780000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;692794 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 2/15/2031<br>| EUR | &nbsp;&nbsp;1239000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1085420 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 8/15/2050<br>| EUR | &nbsp;&nbsp;1287000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;717686 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.25%, 2/15/2027<br>| EUR | &nbsp;&nbsp;1897000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1850990 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.25%, 8/15/2028<br>| EUR | &nbsp;&nbsp;1230000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1162196 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 8/15/2027<br>| EUR | &nbsp;&nbsp;1263000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1233483 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 2/15/2028<br>| EUR | &nbsp;&nbsp;1238000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1197229 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 8/15/2048<br>| EUR | &nbsp;&nbsp;1286000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1067517 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 98, 4.75%, 7/4/2028<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;630000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;748841 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 08, 4.75%, 7/4/2040<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;138796 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 94, 6.25%, 1/4/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;265000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;293826 |
| Bundesrepublik Deutschland Bundesanleihe: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 11/15/2028<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;890000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;824080 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 8/15/2031<br>| EUR | &nbsp;&nbsp;1761000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1524459 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series G, 0.01%, 8/15/2031<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;708000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;613097 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 2/15/2032<br>| EUR | &nbsp;&nbsp;1582000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1350434 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series G, 0.01%, 8/15/2050<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;482000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;269116 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 8/15/2052<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;825000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;439848 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%, 5/15/2038<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;450000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;383907 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.70%, 8/15/2032<br>| EUR | &nbsp;&nbsp;1300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1293357 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.80%, 8/15/2053<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;183938 |
| Bundesschatzanweisungen: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 3/15/2024<br>| EUR | &nbsp;&nbsp;1041000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1078017 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.20%, 6/14/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;684000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;705485 |
| Federal Republic of Germany: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 179, 0.01%, 4/5/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;899000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;930443 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 180, 0.01%, 10/18/2024<br>| EUR | &nbsp;&nbsp;1201000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1224664 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 181, 0.01%, 4/11/2025<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;904000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;911315 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 182, 0.01%, 10/10/2025<br>| EUR | &nbsp;&nbsp;1241000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1236645 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 183, 0.01%, 4/10/2026<br>| EUR | &nbsp;&nbsp;1446000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1424073 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 2/15/2030<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;982000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;882455 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.25%, 2/15/2029<br>| EUR | &nbsp;&nbsp;1066000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;997165 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 2/15/2025<br>| EUR | &nbsp;&nbsp;1316000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1345849 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 2/15/2026<br>| EUR | &nbsp;&nbsp;1561000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1567434 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%, 8/15/2024<br>| EUR | &nbsp;&nbsp;1040000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1083177 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%, 8/15/2025<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;945000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;969843 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 5/15/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;909000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;957144 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 2/15/2024<br>| EUR | &nbsp;&nbsp;1012000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1071198 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 7/4/2044<br>| EUR | &nbsp;&nbsp;1282000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1366843 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 8/15/2046<br>| EUR | &nbsp;&nbsp;1160000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1245695 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 7/4/2042<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;972000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1150730 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 05, 4.00%, 1/4/2037<br>| EUR | &nbsp;&nbsp;1179000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1467010 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2007, 4.25%, 7/4/2039<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;778000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1014397 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 03, 4.75%, 7/4/2034<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;932000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1213291 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 08, 4.75%, 7/4/2040<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;644000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;893849 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 00, 5.50%, 1/4/2031<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;904000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1169264 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 98, 5.63%, 1/4/2028<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;875000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1069159 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 00, 6.25%, 1/4/2030<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;506000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;669024 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 97, 6.50%, 7/4/2027<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;869000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1082070 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50917945 |
| **HONG KONG — 0.1%** | **HONG KONG — 0.1%** | **HONG KONG — 0.1%** |  |
| Hong Kong Government Bond Programme: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.36%, 4/15/2024<br>| HKD | &nbsp;&nbsp;&nbsp;&nbsp;650000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79270 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 6/29/2027<br>| HKD | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;115224 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.59%, 3/4/2036<br>| HKD | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19578 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG INTERNATIONAL TREASURY BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.68%, 1/21/2026<br>| HKD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1350000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$161942 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.79%, 4/14/2025<br>| HKD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;134033 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.89%, 3/2/2032<br>| HKD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88642 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.97%, 1/17/2029<br>| HKD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69800 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.02%, 3/7/2034<br>| HKD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31916 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 7/16/2030<br>| HKD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57414 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.22%, 8/7/2024<br>| HKD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;198765 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;956584 |
| **HUNGARY — 0.4%** | **HUNGARY — 0.4%** | **HUNGARY — 0.4%** |  |
| Hungary Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 25/C, 1.00%, 11/26/2025<br>| HUF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140930000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;287136 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 26/E, 1.50%, 4/22/2026<br>| HUF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;262000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;523942 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 26/F, 1.50%, 8/26/2026<br>| HUF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;126296 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 29/A, 2.00%, 5/23/2029<br>| HUF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185924 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 33/A, 2.25%, 4/20/2033<br>| HUF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;141720000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;218576 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 34/A, 2.25%, 6/22/2034<br>| HUF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58889 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 24/C, 2.50%, 10/24/2024<br>| HUF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74830000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170713 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 26/D, 2.75%, 12/22/2026<br>| HUF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;132080000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;264534 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 24/B, 3.00%, 6/26/2024<br>| HUF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;118130000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;277115 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 27/A, 3.00%, 10/27/2027<br>| HUF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;156260000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;302386 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 30/A, 3.00%, 8/21/2030<br>| HUF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;129210000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230798 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 38/A, 3.00%, 10/27/2038<br>| HUF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145727 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 41/A, 3.00%, 4/25/2041<br>| HUF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58610 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 31/A, 3.25%, 10/22/2031<br>| HUF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235628 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 28/B, 4.50%, 3/23/2028<br>| HUF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;151000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;311336 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 32/A, 4.75%, 11/24/2032<br>| HUF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;155000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;298667 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 25/B, 5.50%, 6/24/2025<br>| HUF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111840000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260765 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 28/A, 6.75%, 10/22/2028<br>| HUF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92270000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;212711 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4169753 |
| **INDONESIA — 2.9%** | **INDONESIA — 2.9%** | **INDONESIA — 2.9%** |  |
| Indonesia Treasury Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR90, 5.13%, 4/15/2027<br>| &nbsp;&nbsp;IDR | &nbsp;&nbsp;10006000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;618074 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR86, 5.50%, 4/15/2026<br>| &nbsp;&nbsp;IDR | &nbsp;&nbsp;22730000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1430161 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR64, 6.13%, 5/15/2028<br>| &nbsp;&nbsp;IDR | &nbsp;&nbsp;70718000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$4442300 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR88, 6.25%, 6/15/2036<br>| &nbsp;&nbsp;IDR | &nbsp;&nbsp;34763000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2090458 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR95, 6.38%, 8/15/2028<br>| &nbsp;&nbsp;IDR | &nbsp;&nbsp;21375000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1357949 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR91, 6.38%, 4/15/2032<br>| &nbsp;&nbsp;IDR | &nbsp;&nbsp;14280000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;882182 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR93, 6.38%, 7/15/2037<br>| &nbsp;&nbsp;IDR | &nbsp;&nbsp;14885000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;919662 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR81, 6.50%, 6/15/2025<br>| &nbsp;&nbsp;IDR | &nbsp;&nbsp;26839000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1738649 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR65, 6.63%, 5/15/2033<br>| &nbsp;&nbsp;IDR | &nbsp;&nbsp;71300000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4453305 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR89, 6.88%, 8/15/2051<br>| &nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;&nbsp;9515000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;582910 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR59, 7.00%, 5/15/2027<br>| &nbsp;&nbsp;IDR | &nbsp;&nbsp;44850000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2949637 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR96, 7.00%, 2/15/2033<br>| &nbsp;&nbsp;IDR | &nbsp;&nbsp;18475000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1188547 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR92, 7.13%, 6/15/2042<br>| &nbsp;&nbsp;IDR | &nbsp;&nbsp;18730000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1204784 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR76, 7.38%, 5/15/2048<br>| &nbsp;&nbsp;IDR | &nbsp;&nbsp;10875000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;703670 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR75, 7.50%, 5/15/2038<br>| &nbsp;&nbsp;IDR | &nbsp;&nbsp;59566000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3937590 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR70, 8.38%, 3/15/2024<br>| &nbsp;&nbsp;IDR | &nbsp;&nbsp;46510000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3085024 |
| Perusahaan Penerbit SBSN Indonesia: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series PBS, 4.88%, 7/15/2026<br>| &nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;&nbsp;6200000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;379486 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series PBS, 6.75%, 6/15/2047<br>| &nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;&nbsp;7500000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;449145 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32413533 |
| **IRELAND — 1.4%** | **IRELAND — 1.4%** | **IRELAND — 1.4%** |  |
| Ireland Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 10/18/2031<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1301000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1070163 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.20%, 5/15/2027<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1451000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1383423 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.20%, 10/18/2030<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;997000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;862409 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.35%, 10/18/2032<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;602000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;498462 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.40%, 5/15/2035<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;740900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;566634 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.55%, 4/22/2041<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;694000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;465216 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.90%, 5/15/2028<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;953000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;920636 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%, 5/15/2026<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1610000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1628437 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.10%, 5/15/2029<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1280000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1225127 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.30%, 5/15/2033<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;584000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;524096 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.35%, 3/18/2031<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;937000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;889181 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 5/15/2050<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1102000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;813089 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.70%, 5/15/2037<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;669000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;588956 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 2/18/2045<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1160000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;991101 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 5/15/2030<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1143000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1180306 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 3/18/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;792000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;852024 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 3/13/2025<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1131000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1273093 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15732353 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG INTERNATIONAL TREASURY BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| **ISRAEL — 0.8%** | **ISRAEL — 0.8%** | **ISRAEL — 0.8%** |  |
| Israel Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1024, 0.40%, 10/31/2024<br>| &nbsp;&nbsp;&nbsp;ILS | &nbsp;&nbsp;2015000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$535908 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0425, 0.50%, 4/30/2025<br>| &nbsp;&nbsp;&nbsp;ILS | &nbsp;&nbsp;3020000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;795231 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0226, 0.50%, 2/27/2026<br>| &nbsp;&nbsp;&nbsp;ILS | &nbsp;&nbsp;2350000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;603582 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0330, 1.00%, 3/31/2030<br>| &nbsp;&nbsp;&nbsp;ILS | &nbsp;&nbsp;4575000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1079268 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0432, 1.30%, 4/30/2032<br>| &nbsp;&nbsp;&nbsp;ILS | &nbsp;&nbsp;1950000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;459246 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0537, 1.50%, 5/31/2037<br>| &nbsp;&nbsp;&nbsp;ILS | &nbsp;&nbsp;1600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;342331 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0825, 1.75%, 8/31/2025<br>| &nbsp;&nbsp;&nbsp;ILS | &nbsp;&nbsp;1904000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;512976 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0327, 2.00%, 3/31/2027<br>| &nbsp;&nbsp;&nbsp;ILS | &nbsp;&nbsp;1590000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;420757 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0928, 2.25%, 9/28/2028<br>| &nbsp;&nbsp;&nbsp;ILS | &nbsp;&nbsp;2725000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;715011 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1152, 2.80%, 11/29/2052<br>| &nbsp;&nbsp;&nbsp;ILS | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95417 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0324, 3.75%, 3/31/2024<br>| &nbsp;&nbsp;&nbsp;ILS | &nbsp;&nbsp;2317000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;653780 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0347, 3.75%, 3/31/2047<br>| &nbsp;&nbsp;&nbsp;ILS | &nbsp;&nbsp;2585000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;733008 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0142, 5.50%, 1/31/2042<br>| &nbsp;&nbsp;&nbsp;ILS | &nbsp;&nbsp;&nbsp;3111000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1125305 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1026, 6.25%, 10/30/2026<br>| &nbsp;&nbsp;&nbsp;ILS | &nbsp;&nbsp;1490000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;459806 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8531626 |
| **ITALY — 4.6%** | **ITALY — 4.6%** | **ITALY — 4.6%** |  |
| Italy Buoni Poliennali Del Tesoro: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Zero Coupon, 8/1/2026<br>| EUR | &nbsp;&nbsp;1270000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1189875 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 1/15/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;521000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;538894 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 1/30/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;549000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;567106 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 4/15/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;575000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;589947 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 8/15/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;202830 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 12/15/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;501714 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 4/1/2026<br>| EUR | &nbsp;&nbsp;1345000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1275484 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.25%, 3/15/2028<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;875000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;771523 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.35%, 2/1/2025<br>| EUR | &nbsp;&nbsp;1367000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1371680 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 2/1/2026<br>| EUR | &nbsp;&nbsp;1059000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1027842 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.60%, 8/1/2031 (a)<br>| EUR | &nbsp;&nbsp;1296000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1013190 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.90%, 4/1/2031<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;973000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;792593 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.95%, 8/1/2030<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;954000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;798589 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.95%, 12/1/2031 (a)<br>| EUR | &nbsp;&nbsp;1190000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;947567 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.95%, 6/1/2032<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;650000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;508987 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.95%, 3/1/2037 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;464000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;309002 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.20%, 8/15/2025<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;614000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;617575 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 12/1/2026<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;688000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;670113 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.35%, 4/1/2030<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;897000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;786169 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.45%, 11/15/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;334000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;345179 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.45%, 5/15/2025<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$612815 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.45%, 3/1/2036 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;518000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;380074 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 4/30/2045 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;301727 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.60%, 6/1/2026<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;898000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;896076 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65%, 12/1/2030 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;919000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;805651 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.70%, 9/1/2051 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;355662 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 5/30/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;446000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;466075 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 7/1/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;417775 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.80%, 3/1/2041 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;345727 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.85%, 5/15/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;355000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;372228 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 2/1/2028<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;826000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;805664 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.05%, 8/1/2027<br>| EUR | &nbsp;&nbsp;1153000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1141743 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.15%, 9/1/2052 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;450000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;290954 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.15%, 3/1/2072 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;550000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;328433 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.20%, 6/1/2027<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;751676 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 9/1/2036 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;295000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;239274 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 9/1/2033 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;870000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;756538 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 11/15/2025<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;843000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;876426 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 12/1/2027<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;894000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;900909 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 12/1/2028<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;906000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;906128 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 6/15/2029<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;737961 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 3/1/2067 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;245000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175996 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 9/1/2038 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;658000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;566084 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 8/1/2029<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;602000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;601204 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 3/1/2040 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;473000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;406931 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 3/1/2038 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;267530 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 3/1/2048 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;691000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;606549 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 9/1/2049 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;530000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;494808 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.25%, 11/1/2026<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;703000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;847587 |
| Republic of Italy: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 6/1/2025<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;405000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;413414 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65%, 3/1/2032 (a)<br>| EUR | &nbsp;&nbsp;1277000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1081171 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.85%, 7/1/2025 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;444000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;455447 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 12/1/2025<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;899000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;919374 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.10%, 7/15/2026<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;727000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;735844 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series CAC, 2.45%, 9/1/2050 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;284092 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 12/1/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;542000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;571101 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 3/1/2047 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;335000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;258819 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 9/1/2046 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;631000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;539651 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35%, 3/1/2035 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;998000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;923105 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 3/1/2030 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;866000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;886256 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 9/1/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;430000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;462733 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 2/1/2037 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;969000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;965869 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 3/1/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;665000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;720693 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 3/1/2026 (a)<br>| EUR | &nbsp;&nbsp;1157000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1267061 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 9/1/2028 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;887000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;982254 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 9/1/2044 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;781000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;831938 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 3/1/2025 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;550000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;606834 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 8/1/2034 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;906000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;985512 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 8/1/2039 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;579000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;632966 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 9/1/2040 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;808000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;886422 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 11/1/2029<br>| EUR | &nbsp;&nbsp;&nbsp;1119000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1277829 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 2/1/2033<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;567000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;658892 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 5/1/2031<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;945000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1129093 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG INTERNATIONAL TREASURY BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 11/1/2027<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;946000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1130045 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51088479 |
| **JAPAN — 23.2%** | **JAPAN — 23.2%** | **JAPAN — 23.2%** |  |
| Government of Japan 10 Year Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 342, 0.10%, 3/20/2026<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;273450000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2074257 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 343, 0.10%, 6/20/2026<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;240000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1819158 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 344, 0.10%, 9/20/2026<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;314550000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2381516 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 345, 0.10%, 12/20/2026<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;&nbsp;311250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2353394 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 346, 0.10%, 3/20/2027<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;280000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2113714 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 347, 0.10%, 6/20/2027<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;240000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1809172 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 348, 0.10%, 9/20/2027<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;314000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2364858 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 349, 0.10%, 12/20/2027<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;277550000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2086868 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 350, 0.10%, 3/20/2028<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;302550000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2270805 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 351, 0.10%, 6/20/2028<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;197500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1479817 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 352, 0.10%, 9/20/2028<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;242400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1813577 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 353, 0.10%, 12/20/2028<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;229300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1712473 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 354, 0.10%, 3/20/2029<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;306200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2282651 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 355, 0.10%, 6/20/2029<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;210600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1566751 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 356, 0.10%, 9/20/2029<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;302000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2241911 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 357, 0.10%, 12/20/2029<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;365000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2703703 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 358, 0.10%, 3/20/2030<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;427500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3157496 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 359, 0.10%, 6/20/2030<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;479450000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3533239 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 361, 0.10%, 12/20/2030<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;512950000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3765340 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 337, 0.30%, 12/20/2024<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;163300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1243813 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 341, 0.30%, 12/20/2025<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;284500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2170993 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 338, 0.40%, 3/20/2025<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;287650000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2196796 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 339, 0.40%, 6/20/2025<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;346700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2649682 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 340, 0.40%, 9/20/2025<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;297150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2272749 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 335, 0.50%, 9/20/2024<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;355100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2712561 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 336, 0.50%, 12/20/2024<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;&nbsp;119700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;915279 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 333, 0.60%, 3/20/2024<br>| JPY | &nbsp;&nbsp;317250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2421362 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 334, 0.60%, 6/20/2024<br>| JPY | &nbsp;&nbsp;298300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2279578 |
| Government of Japan 20 Year Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 157, 0.20%, 6/20/2036<br>| JPY | &nbsp;&nbsp;124650000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;860264 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 169, 0.30%, 6/20/2039<br>| JPY | &nbsp;&nbsp;125000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;826992 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 170, 0.30%, 9/20/2039<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;47750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;314587 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 171, 0.30%, 12/20/2039<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;65400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;428925 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 156, 0.40%, 3/20/2036<br>| JPY | &nbsp;&nbsp;&nbsp;113900000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;810754 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 168, 0.40%, 3/20/2039<br>| JPY | &nbsp;&nbsp;181000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1223549 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 172, 0.40%, 3/20/2040<br>| JPY | &nbsp;&nbsp;169150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1124316 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 173, 0.40%, 6/20/2040<br>| JPY | &nbsp;&nbsp;258850000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1713477 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 174, 0.40%, 9/20/2040<br>| JPY | &nbsp;&nbsp;183000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1205502 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 158, 0.50%, 9/20/2036<br>| JPY | &nbsp;&nbsp;134050000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;960137 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 164, 0.50%, 3/20/2038<br>| JPY | &nbsp;&nbsp;139800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;977472 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 165, 0.50%, 6/20/2038<br>| JPY | &nbsp;&nbsp;140000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;974488 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 167, 0.50%, 12/20/2038<br>| JPY | &nbsp;&nbsp;101000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;696777 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 175, 0.50%, 12/20/2040<br>| JPY | &nbsp;&nbsp;222450000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1486720 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 159, 0.60%, 12/20/2036<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;90050000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;651749 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 161, 0.60%, 6/20/2037<br>| JPY | &nbsp;&nbsp;126150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;906507 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 162, 0.60%, 9/20/2037<br>| JPY | &nbsp;&nbsp;105850000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;757480 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 163, 0.60%, 12/20/2037<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;96000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;684089 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 160, 0.70%, 3/20/2037<br>| JPY | &nbsp;&nbsp;101450000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;741839 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 166, 0.70%, 9/20/2038<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;95000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;678777 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 155, 1.00%, 12/20/2035<br>| JPY | &nbsp;&nbsp;159900000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1231355 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 151, 1.20%, 12/20/2034<br>| JPY | &nbsp;&nbsp;155000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1231389 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 152, 1.20%, 3/20/2035<br>| JPY | &nbsp;&nbsp;145000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1149989 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 154, 1.20%, 9/20/2035<br>| JPY | &nbsp;&nbsp;104950000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;829331 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 153, 1.30%, 6/20/2035<br>| JPY | &nbsp;&nbsp;&nbsp;110000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;880692 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG INTERNATIONAL TREASURY BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 150, 1.40%, 9/20/2034<br>| JPY | &nbsp;&nbsp;362150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2944958 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 144, 1.50%, 3/20/2033<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;86200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;713197 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 148, 1.50%, 3/20/2034<br>| JPY | &nbsp;&nbsp;157950000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1301320 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 149, 1.50%, 6/20/2034<br>| JPY | &nbsp;&nbsp;100000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;822631 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 136, 1.60%, 3/20/2032<br>| JPY | &nbsp;&nbsp;&nbsp;110600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;920257 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 143, 1.60%, 3/20/2033<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;79850000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;666511 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 147, 1.60%, 12/20/2033<br>| JPY | &nbsp;&nbsp;176000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1465757 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 140, 1.70%, 9/20/2032<br>| JPY | &nbsp;&nbsp;134000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1129045 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 141, 1.70%, 12/20/2032<br>| JPY | &nbsp;&nbsp;150000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1264209 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 145, 1.70%, 6/20/2033<br>| JPY | &nbsp;&nbsp;166400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1400941 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 146, 1.70%, 9/20/2033<br>| JPY | &nbsp;&nbsp;177650000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1494511 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 122, 1.80%, 9/20/2030<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;95050000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;791945 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 130, 1.80%, 9/20/2031<br>| JPY | &nbsp;&nbsp;152100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1278461 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 133, 1.80%, 12/20/2031<br>| JPY | &nbsp;&nbsp;186550000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1572791 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 142, 1.80%, 12/20/2032<br>| JPY | &nbsp;&nbsp;166650000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1416497 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 108, 1.90%, 12/20/2028<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;51350000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;424733 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 109, 1.90%, 3/20/2029<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;54300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450195 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 121, 1.90%, 9/20/2030<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;74600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;625770 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 73, 2.00%, 12/20/2024<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;35000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275414 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 77, 2.00%, 3/20/2025<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;34000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;268738 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 93, 2.00%, 3/20/2027<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;30000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;244581 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 72, 2.10%, 9/20/2024<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;70000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;549225 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 82, 2.10%, 9/20/2025<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;45000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;359867 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 92, 2.10%, 12/20/2026<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;83800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;683833 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 94, 2.10%, 3/20/2027<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;99000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;810150 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 96, 2.10%, 6/20/2027<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;43000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;353066 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 99, 2.10%, 12/20/2027<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;90000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;743744 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 105, 2.10%, 9/20/2028<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;78200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;651867 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 107, 2.10%, 12/20/2028<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;50000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$417996 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 113, 2.10%, 9/20/2029<br>| JPY | &nbsp;&nbsp;120250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1013128 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 117, 2.10%, 3/20/2030<br>| JPY | &nbsp;&nbsp;156450000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1323739 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 90, 2.20%, 9/20/2026<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;78550000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;641027 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 97, 2.20%, 9/20/2027<br>| JPY | &nbsp;&nbsp;136800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1132243 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 100, 2.20%, 3/20/2028<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;83000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;691238 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 106, 2.20%, 9/20/2028<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;50000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;418921 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 115, 2.20%, 12/20/2029<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;75000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;637339 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 125, 2.20%, 3/20/2031<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;53650000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;461855 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 95, 2.30%, 6/20/2027<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;70000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;579476 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 102, 2.40%, 6/20/2028<br>| JPY | &nbsp;&nbsp;105800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;892234 |
| Government of Japan 30 Year Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 51, 0.30%, 6/20/2046<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;89000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;524597 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 64, 0.40%, 9/20/2049<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;60000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;342988 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 65, 0.40%, 12/20/2049<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;64850000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;373436 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 66, 0.40%, 3/20/2050<br>| JPY | &nbsp;&nbsp;120000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;689269 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 52, 0.50%, 9/20/2046<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;85500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;527373 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 62, 0.50%, 3/20/2049<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;52050000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;308324 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 53, 0.60%, 12/20/2046<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;83650000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;526631 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 67, 0.60%, 6/20/2050<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;95000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;568430 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 68, 0.60%, 9/20/2050<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;90000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;536815 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 59, 0.70%, 6/20/2048<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;57000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;360226 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 61, 0.70%, 12/20/2048<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;75000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;470185 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 69, 0.70%, 12/20/2050<br>| JPY | &nbsp;&nbsp;107900000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;659527 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 50, 0.80%, 3/20/2046<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;99650000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;664225 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 54, 0.80%, 3/20/2047<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;80750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;531293 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 55, 0.80%, 6/20/2047<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;90500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;593598 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 56, 0.80%, 9/20/2047<br>| JPY | &nbsp;&nbsp;178850000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1170072 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG INTERNATIONAL TREASURY BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 57, 0.80%, 12/20/2047<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;88250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$575650 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 58, 0.80%, 3/20/2048<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;77150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;501047 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 60, 0.90%, 9/20/2048<br>| JPY | &nbsp;&nbsp;146650000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;970061 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 48, 1.40%, 9/20/2045<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;84350000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;639825 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 49, 1.40%, 12/20/2045<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;91550000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;693239 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 45, 1.50%, 12/20/2044<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;65950000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;512520 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 46, 1.50%, 3/20/2045<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;69650000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;540466 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 47, 1.60%, 6/20/2045<br>| JPY | &nbsp;&nbsp;102850000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;811661 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 11, 1.70%, 6/20/2033<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;46550000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;391871 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 41, 1.70%, 12/20/2043<br>| JPY | &nbsp;&nbsp;104850000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;848670 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 42, 1.70%, 3/20/2044<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;50750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;410404 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 43, 1.70%, 6/20/2044<br>| JPY | &nbsp;&nbsp;100550000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;812097 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 44, 1.70%, 9/20/2044<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;67000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;540519 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 38, 1.80%, 3/20/2043<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;64000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;527992 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 40, 1.80%, 9/20/2043<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;70000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;576998 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 37, 1.90%, 9/20/2042<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;87300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;731839 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 39, 1.90%, 6/20/2043<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;63500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;531957 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 13, 2.00%, 12/20/2033<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;87900000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;760132 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 33, 2.00%, 9/20/2040<br>| JPY | &nbsp;&nbsp;&nbsp;110200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;938118 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 35, 2.00%, 9/20/2041<br>| JPY | &nbsp;&nbsp;&nbsp;118250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1006198 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 36, 2.00%, 3/20/2042<br>| JPY | &nbsp;&nbsp;171750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1463048 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 34, 2.20%, 3/20/2041<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;92400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;808417 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 21, 2.30%, 12/20/2035<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;39000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;347348 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 25, 2.30%, 12/20/2036<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;43400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;387131 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 30, 2.30%, 3/20/2039<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;99350000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;882694 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 32, 2.30%, 3/20/2040<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;63650000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;565076 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 26, 2.40%, 3/20/2037<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;69300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;624911 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 29, 2.40%, 9/20/2038<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;50000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450051 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 16, 2.50%, 9/20/2034<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;20000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$181301 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 20, 2.50%, 9/20/2035<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;30000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;272554 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 22, 2.50%, 3/20/2036<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;41750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;379890 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 24, 2.50%, 9/20/2036<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;30000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;273328 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 27, 2.50%, 9/20/2037<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;67550000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;615791 |
| Government of Japan 40 Year Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 9, 0.40%, 3/20/2056<br>| JPY | &nbsp;&nbsp;150250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;784245 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 12, 0.50%, 3/20/2059<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;92000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;483871 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 13, 0.50%, 3/20/2060<br>| JPY | &nbsp;&nbsp;155000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;808133 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 11, 0.80%, 3/20/2058<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;79450000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;470203 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 10, 0.90%, 3/20/2057<br>| JPY | &nbsp;&nbsp;136750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;841695 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 8, 1.40%, 3/20/2055<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;72750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;522149 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 7, 1.70%, 3/20/2054<br>| JPY | &nbsp;&nbsp;103900000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;806175 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 6, 1.90%, 3/20/2053<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;58350000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;474212 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 5, 2.00%, 3/20/2052<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;60700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;505409 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2, 2.20%, 3/20/2049<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;76750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;667811 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3, 2.20%, 3/20/2050<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;31250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;274435 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 4, 2.20%, 3/20/2051<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;62500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;542134 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1, 2.40%, 3/20/2048<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;42950000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;387889 |
| Government of Japan 5 Year Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 139, 0.10%, 3/20/2024<br>| JPY | &nbsp;&nbsp;312300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2369333 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 140, 0.10%, 6/20/2024<br>| JPY | &nbsp;&nbsp;329100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2496815 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 141, 0.10%, 9/20/2024<br>| JPY | &nbsp;&nbsp;171550000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1301606 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 142, 0.10%, 12/20/2024<br>| JPY | &nbsp;&nbsp;255000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1934749 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 143, 0.10%, 3/20/2025<br>| JPY | &nbsp;&nbsp;361500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2742764 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 144, 0.10%, 6/20/2025<br>| JPY | &nbsp;&nbsp;383000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2905802 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 145, 0.10%, 9/20/2025<br>| JPY | &nbsp;&nbsp;300000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2276153 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 146, 0.10%, 12/20/2025<br>| JPY | &nbsp;&nbsp;260200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1974026 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG INTERNATIONAL TREASURY BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| Japan Government 10 Year Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 360, 0.10%, 9/20/2030<br>| JPY | &nbsp;&nbsp;324050000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2383350 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 362, 0.10%, 3/20/2031<br>| JPY | &nbsp;&nbsp;450000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3298272 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 363, 0.10%, 6/20/2031<br>| JPY | &nbsp;&nbsp;385650000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2824018 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 364, 0.10%, 9/20/2031<br>| JPY | &nbsp;&nbsp;357500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2616121 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 365, 0.10%, 12/20/2031<br>| JPY | &nbsp;&nbsp;645000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4724297 |
| Japan Government 20 Year Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 177, 0.40%, 6/20/2041<br>| JPY | &nbsp;&nbsp;229000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1491273 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 176, 0.50%, 3/20/2041<br>| JPY | &nbsp;&nbsp;160000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1065256 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 179, 0.50%, 12/20/2041<br>| JPY | &nbsp;&nbsp;295000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1949175 |
| Japan Government 30 Year Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 70, 0.70%, 3/20/2051<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;90000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;548601 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 71, 0.70%, 6/20/2051<br>| JPY | &nbsp;&nbsp;&nbsp;&nbsp;90500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;550325 |
| Japan Government 5 Year Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 148, 0.01%, 6/20/2026<br>| JPY | &nbsp;&nbsp;415000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3135657 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 149, 0.01%, 9/20/2026<br>| JPY | &nbsp;&nbsp;388100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2928288 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 150, 0.01%, 12/20/2026<br>| JPY | &nbsp;&nbsp;455000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3427682 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 152, 0.10%, 3/20/2027<br>| JPY | &nbsp;&nbsp;250000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1887567 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 154, 0.10%, 9/20/2027<br>| JPY | &nbsp;&nbsp;375000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2823961 |
| Japan Government Five Year Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 147, 0.01%, 3/20/2026<br>| JPY | &nbsp;&nbsp;348800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2638054 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 151, 0.01%, 3/20/2027<br>| JPY | &nbsp;&nbsp;334000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2512069 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 6/20/2027<br>| JPY | &nbsp;&nbsp;655500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4921578 |
| Japan Government Forty Year Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 14, 0.70%, 3/20/2061<br>| JPY | &nbsp;&nbsp;135550000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;755585 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%, 3/20/2062<br>| JPY | &nbsp;&nbsp;200650000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1217556 |
| Japan Government Ten Year Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 366, 0.20%, 3/20/2032<br>| JPY | &nbsp;&nbsp;475000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3527877 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.20%, 6/20/2032<br>| JPY | &nbsp;&nbsp;600000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4450627 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 368, 0.20%, 9/20/2032<br>| JPY | &nbsp;&nbsp;500000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3709690 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| Japan Government Thirty Year Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 72, 0.70%, 9/20/2051<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;100000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$606571 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 73, 0.70%, 12/20/2051<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;120000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;727676 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 74, 1.00%, 3/20/2052<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;170000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1115330 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.30%, 6/20/2052<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;150000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1065762 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 76, 1.40%, 9/20/2052<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;145000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1050435 |
| Japan Government Twenty Year Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 178, 0.50%, 9/20/2041<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;245000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1622762 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 180, 0.80%, 3/20/2042<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;235000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1639131 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.90%, 6/20/2042<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;183250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1300131 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 182, 1.10%, 9/20/2042<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;275000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2015611 |
| Japan Government Two Year Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 434, 0.01%, 3/1/2024<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;&nbsp;113650000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;861309 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 435, 0.01%, 4/1/2024<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;165000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1250446 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 5/1/2024<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;227000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1720121 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 6/1/2024<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;148000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1121433 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 438, 0.01%, 7/1/2024<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;140000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1060613 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 439, 0.01%, 8/1/2024<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;150000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1136269 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 440, 0.01%, 9/1/2024<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;212000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1605895 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 441, 0.01%, 10/1/2024<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;280000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2121099 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 442, 0.01%, 11/1/2024<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;350000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2651321 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;258622276 |
| **LATVIA — 0.1%** | **LATVIA — 0.1%** | **LATVIA — 0.1%** |  |
| Republic of Latvia: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.38%, 10/7/2026<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;189902 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series GMTN, 1.38%, 9/23/2025<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101202 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%, 5/16/2036<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;281118 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 7, 2.25%, 2/15/2047<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83192 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.88%, 4/30/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105916 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;761330 |
| **LITHUANIA — 0.1%** | **LITHUANIA — 0.1%** | **LITHUANIA — 0.1%** |  |
| Lithuania Government International Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.75%, 5/6/2030<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;216915 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG INTERNATIONAL TREASURY BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 0.95%, 5/26/2027<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$66821 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 1.25%, 10/22/2025<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;151159 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.10%, 5/26/2047<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;255000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207034 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.13%, 10/29/2026<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102603 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.13%, 10/22/2035<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;272000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242930 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 3.38%, 1/22/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;270000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;288878 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1276340 |
| **LUXEMBOURG — 0.1%** | **LUXEMBOURG — 0.1%** | **LUXEMBOURG — 0.1%** |  |
| Luxembourg Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 11/13/2026<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;154000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;146618 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.63%, 2/1/2027<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;488000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;473158 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 3/19/2028<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82251 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;702027 |
| **MALAYSIA — 2.4%** | **MALAYSIA — 2.4%** | **MALAYSIA — 2.4%** |  |
| Malaysia Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0220, 2.63%, 4/15/2031<br>| MYR | &nbsp;&nbsp;1750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;358284 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0319, 3.48%, 6/14/2024<br>| MYR | &nbsp;&nbsp;2950000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;667176 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0513, 3.73%, 6/15/2028<br>| MYR | &nbsp;&nbsp;5050000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1132773 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0519, 3.76%, 5/22/2040<br>| MYR | &nbsp;&nbsp;1650000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;345903 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0413, 3.84%, 4/15/2033<br>| MYR | &nbsp;&nbsp;3875000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;858536 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0219, 3.89%, 8/15/2029<br>| MYR | &nbsp;&nbsp;4250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;957868 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0316, 3.90%, 11/30/2026<br>| MYR | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;455125 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0417, 3.90%, 11/16/2027<br>| MYR | &nbsp;&nbsp;2820000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;641116 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0115, 3.96%, 9/15/2025<br>| MYR | &nbsp;&nbsp;4350000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;992370 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0217, 4.06%, 9/30/2024<br>| MYR | &nbsp;&nbsp;1725000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;393663 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0120, 4.07%, 6/15/2050<br>| MYR | &nbsp;&nbsp;5425000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1123129 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0114, 4.18%, 7/15/2024<br>| MYR | &nbsp;&nbsp;1295000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;295773 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0411, 4.23%, 6/30/2031<br>| MYR | &nbsp;&nbsp;1720000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;395612 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0415, 4.25%, 5/31/2035<br>| MYR | &nbsp;&nbsp;1350000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;307562 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0311, 4.39%, 4/15/2026<br>| MYR | &nbsp;&nbsp;2300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;532356 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0322, 4.50%, 4/30/2029<br>| MYR | &nbsp;&nbsp;9225000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2149624 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0222, 4.70%, 10/15/2042<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;3250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$766897 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0216, 4.74%, 3/15/2046<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;2670000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;621523 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0317, 4.76%, 4/7/2037<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;3870000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;922861 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0713, 4.94%, 9/30/2043<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;1910000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;460433 |
| Malaysia Government Investment Issue: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0220, 3.47%, 10/15/2030<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;6360000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1385335 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0419, 3.66%, 10/15/2024<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;3115000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;707425 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0319, 3.73%, 3/31/2026<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;4525000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1023512 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0113, 3.87%, 8/8/2028<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;1250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;281938 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0415, 3.99%, 10/15/2025<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;1250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;285612 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0217, 4.05%, 8/15/2024<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;1850000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;423545 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0316, 4.07%, 9/30/2026<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;1300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;296973 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0619, 4.12%, 11/30/2034<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;1500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;335813 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0122, 4.19%, 10/7/2032<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;6850000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1557811 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0315, 4.25%, 9/30/2030<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;229538 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0117, 4.26%, 7/26/2027<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;4220000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;972983 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0813, 4.44%, 5/22/2024<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;2230000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;511578 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0219, 4.47%, 9/15/2039<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;2950000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;673617 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0513, 4.58%, 8/30/2033<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;2978000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;697710 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0617, 4.72%, 6/15/2033<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;1600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;379301 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0517, 4.76%, 8/4/2037<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;2100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;495642 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0615, 4.79%, 10/31/2035<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;2520000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;598420 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0417, 4.90%, 5/8/2047<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;4080000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;955524 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0913, 4.94%, 12/6/2028<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;725000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;172598 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0222, 5.36%, 5/15/2052<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;248771 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26612230 |
| **MEXICO — 1.8%** | **MEXICO — 1.8%** | **MEXICO — 1.8%** |  |
| Mexican Bonos: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series M, 5.50%, 3/4/2027<br>| MXN | &nbsp;&nbsp;37800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1691774 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series M, 5.75%, 3/5/2026<br>| MXN | &nbsp;&nbsp;48065000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2230935 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG INTERNATIONAL TREASURY BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series M 20, 7.50%, 6/3/2027<br>| MXN | &nbsp;&nbsp;27785000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1343877 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series M, 7.75%, 5/29/2031<br>| MXN | &nbsp;&nbsp;42205000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2004100 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series M, 7.75%, 11/23/2034<br>| MXN | &nbsp;&nbsp;21965000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1018051 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series M, 7.75%, 11/13/2042<br>| MXN | &nbsp;&nbsp;28060000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1256399 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series M, 8.00%, 9/5/2024<br>| MXN | &nbsp;&nbsp;60635000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3008313 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series M, 8.00%, 11/7/2047<br>| MXN | &nbsp;&nbsp;41158000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1882975 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series M, 8.00%, 7/31/2053<br>| MXN | &nbsp;&nbsp;&nbsp;&nbsp;3500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;159341 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series M 20, 8.50%, 5/31/2029<br>| MXN | &nbsp;&nbsp;30610000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1527276 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series M 30, 8.50%, 11/18/2038<br>| MXN | &nbsp;&nbsp;35514000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1724248 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series M 20, 10.00%, 12/5/2024<br>| MXN | &nbsp;&nbsp;42078000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2164073 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series M 30, 10.00%, 11/20/2036<br>| MXN | &nbsp;&nbsp;&nbsp;&nbsp;6200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340469 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20351831 |
| **NETHERLANDS — 3.5%** | **NETHERLANDS — 3.5%** | **NETHERLANDS — 3.5%** |  |
| Kingdom of Netherlands: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 1/15/2024 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;1185000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1230815 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 1/15/2027 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;2292900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2197737 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 7/15/2030 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;1744000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1514694 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 7/15/2031 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;2208000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1863906 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 1/15/2052 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;1825000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;942955 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.25%, 7/15/2025 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;2441000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2453380 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.25%, 7/15/2029 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;1917000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1746477 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 7/15/2026 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;2850000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2823300 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 1/15/2040 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;1822000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1340363 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 7/15/2027 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;2354000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2310597 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 7/15/2028 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;2062000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1987014 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 7/15/2024 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;1395000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1472993 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 1/15/2033 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;1672000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1729757 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 1/15/2047 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;2583000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2783721 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 1/15/2042 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;2207000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2670883 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 1/15/2037 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;2091000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2511598 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 1/15/2028 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;1635000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1972111 |
| Netherlands Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 1/15/2026<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;1715000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1685881 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 1/15/2029<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;1479000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1341677 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 1/15/2038 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;1417000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;990491 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 7/15/2032<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;1661000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1432573 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 1/15/2054 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;596000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;550070 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39552993 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| **NEW ZEALAND — 0.8%** | **NEW ZEALAND — 0.8%** | **NEW ZEALAND — 0.8%** |  |
| New Zealand Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0528, 0.25%, 5/15/2028<br>| NZD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;550000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$278351 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0524, 0.50%, 5/15/2024<br>| NZD | &nbsp;&nbsp;&nbsp;&nbsp;1477000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;877838 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0526, 0.50%, 5/15/2026<br>| NZD | &nbsp;&nbsp;&nbsp;&nbsp;1025000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;564635 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0531, 1.50%, 5/15/2031<br>| NZD | &nbsp;&nbsp;&nbsp;&nbsp;1800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;905833 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0541, 1.75%, 5/15/2041<br>| NZD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;886000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;359655 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0532, 2.00%, 5/15/2032<br>| NZD | &nbsp;&nbsp;&nbsp;&nbsp;1875000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;963854 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0425, 2.75%, 4/15/2025<br>| NZD | &nbsp;&nbsp;&nbsp;&nbsp;1515000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;913550 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0437, 2.75%, 4/15/2037<br>| NZD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;801000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;407548 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0551, 2.75%, 5/15/2051<br>| NZD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;430000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;194906 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0429, 3.00%, 4/20/2029<br>| NZD | &nbsp;&nbsp;&nbsp;&nbsp;2943000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1710721 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0433, 3.50%, 4/14/2033<br>| NZD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;780000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;453703 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0427, 4.50%, 4/15/2027<br>| NZD | &nbsp;&nbsp;&nbsp;&nbsp;1560000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;983751 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8614345 |
| **NORWAY — 0.5%** | **NORWAY — 0.5%** | **NORWAY — 0.5%** |  |
| Norway Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 483, 1.25%, 9/17/2031 (a)<br>| NOK | &nbsp;&nbsp;&nbsp;&nbsp;4425000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;384051 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 482, 1.38%, 8/19/2030 (a)<br>| NOK | &nbsp;&nbsp;12688000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1131523 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 478, 1.50%, 2/19/2026 (a)<br>| NOK | &nbsp;&nbsp;&nbsp;&nbsp;5163000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;499696 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 477, 1.75%, 3/13/2025 (a)<br>| NOK | &nbsp;&nbsp;&nbsp;&nbsp;5760000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;568024 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 479, 1.75%, 2/17/2027 (a)<br>| NOK | &nbsp;&nbsp;&nbsp;&nbsp;4655000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;448873 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 481, 1.75%, 9/6/2029 (a)<br>| NOK | &nbsp;&nbsp;&nbsp;&nbsp;4965000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;462322 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 480, 2.00%, 4/26/2028 (a)<br>| NOK | &nbsp;&nbsp;&nbsp;&nbsp;6134000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;589489 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 5/18/2032 (a)<br>| NOK | &nbsp;&nbsp;&nbsp;&nbsp;4600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;427416 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 476, 3.00%, 3/14/2024 (a)<br>| NOK | &nbsp;&nbsp;&nbsp;&nbsp;5687000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;576263 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 485, 3.50%, 10/6/2042 (a)<br>| NOK | &nbsp;&nbsp;&nbsp;&nbsp;3325000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;346394 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5434051 |
| **PERU — 0.3%** | **PERU — 0.3%** | **PERU — 0.3%** |  |
| Peru Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 8/12/2040<br>| PEN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;155661 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 8/12/2034<br>| PEN | &nbsp;&nbsp;&nbsp;&nbsp;1725000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;361504 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.94%, 2/12/2029<br>| PEN | &nbsp;&nbsp;&nbsp;&nbsp;3425000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;822560 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG INTERNATIONAL TREASURY BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.15%, 8/12/2032<br>| PEN | &nbsp;&nbsp;2065000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$475153 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.35%, 8/12/2028<br>| PEN | &nbsp;&nbsp;2125000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;529246 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.90%, 8/12/2037<br>| PEN | &nbsp;&nbsp;3950000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;925454 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.20%, 8/12/2026<br>| PEN | &nbsp;&nbsp;1650000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;452421 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3721999 |
| **POLAND — 1.0%** | **POLAND — 1.0%** | **POLAND — 1.0%** |  |
| Poland Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1026, 0.25%, 10/25/2026<br>| PLN | &nbsp;&nbsp;3950000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;702801 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0425, 0.75%, 4/25/2025<br>| PLN | &nbsp;&nbsp;3475000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;690128 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1030, 1.25%, 10/25/2030<br>| PLN | &nbsp;&nbsp;5424000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;829877 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1024, 2.25%, 10/25/2024<br>| PLN | &nbsp;&nbsp;5000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1054887 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0424, 2.50%, 4/25/2024<br>| PLN | &nbsp;&nbsp;3502000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;758644 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0726, 2.50%, 7/25/2026<br>| PLN | &nbsp;&nbsp;7005000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1375367 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0727, 2.50%, 7/25/2027<br>| PLN | &nbsp;&nbsp;3075000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;583698 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0428, 2.75%, 4/25/2028<br>| PLN | &nbsp;&nbsp;4370000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;816165 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1029, 2.75%, 10/25/2029<br>| PLN | &nbsp;&nbsp;6550000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1157982 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0725, 3.25%, 7/25/2025<br>| PLN | &nbsp;&nbsp;5090000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1064476 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0447, 4.00%, 4/25/2047<br>| PLN | &nbsp;&nbsp;&nbsp;&nbsp;315000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47398 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0429, 5.75%, 4/25/2029<br>| PLN | &nbsp;&nbsp;&nbsp;&nbsp;885000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;191194 |
| Republic of Poland Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0724, 0.01%, 7/25/2024<br>| PLN | &nbsp;&nbsp;1300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;267928 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0432, 1.75%, 4/25/2032<br>| PLN | &nbsp;&nbsp;3450000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;515740 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0527, 3.75%, 5/25/2027<br>| PLN | &nbsp;&nbsp;4925000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;988065 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11044350 |
| **PORTUGAL — 1.6%** | **PORTUGAL — 1.6%** | **PORTUGAL — 1.6%** |  |
| Portugal Obrigacoes do Tesouro OT: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.30%, 10/17/2031 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;849000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;694703 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.48%, 10/18/2030 (a)<br>| EUR | &nbsp;&nbsp;1509000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1302408 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.70%, 10/15/2027 (a)<br>| EUR | &nbsp;&nbsp;1179000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1134817 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.90%, 10/12/2035 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;922000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;710822 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%, 4/12/2052 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;453000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240678 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65%, 7/16/2032 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;850000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;771737 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95%, 6/15/2029 (a)<br>| EUR | &nbsp;&nbsp;1671400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1664613 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 10/17/2028 (a)<br>| EUR | &nbsp;&nbsp;1836000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1868593 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 15Y, 2.25%, 4/18/2034 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;851000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;797992 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 10/15/2025 (a)<br>| EUR | &nbsp;&nbsp;1532000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1635026 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 7/21/2026 (a)<br>| EUR | &nbsp;&nbsp;1451000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1548861 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 2/15/2030 (a)<br>| EUR | &nbsp;&nbsp;1125000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1252572 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 4/15/2037 (a)<br>| EUR | &nbsp;&nbsp;1184000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1304858 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 2/15/2045 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;695000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;772820 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 4/14/2027 (a)<br>| EUR | &nbsp;&nbsp;1358000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1518675 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 2/15/2024 (a)<br>| EUR | &nbsp;&nbsp;1100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1210550 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18429725 |
| **ROMANIA — 0.4%** | **ROMANIA — 0.4%** | **ROMANIA — 0.4%** |  |
| Romania Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 7Y, 2.50%, 10/25/2027<br>| RON | &nbsp;&nbsp;1200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205405 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 7Y, 3.25%, 4/29/2024<br>| RON | &nbsp;&nbsp;2175000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;449642 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 5Y, 3.25%, 6/24/2026<br>| RON | &nbsp;&nbsp;1625000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;304926 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 5Y, 3.65%, 7/28/2025<br>| RON | &nbsp;&nbsp;2275000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;449902 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 15Y, 3.65%, 9/24/2031<br>| RON | &nbsp;&nbsp;1600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;255711 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 4YR, 3.70%, 11/25/2024<br>| RON | &nbsp;&nbsp;1825000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;372297 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 8Y, 4.15%, 1/26/2028<br>| RON | &nbsp;&nbsp;3050000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;559676 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 10YR, 4.15%, 10/24/2030<br>| RON | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;337124 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 5Y, 4.50%, 6/17/2024<br>| RON | &nbsp;&nbsp;&nbsp;&nbsp;950000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;198686 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 15Y, 4.75%, 10/11/2034<br>| RON | &nbsp;&nbsp;&nbsp;&nbsp;900000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140294 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 7Y, 4.85%, 4/22/2026<br>| RON | &nbsp;&nbsp;1600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;318188 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 10Y, 5.00%, 2/12/2029<br>| RON | &nbsp;&nbsp;4330000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;802825 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.70%, 2/25/2032<br>| RON | &nbsp;&nbsp;2250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;440711 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4835387 |
| **SINGAPORE — 1.2%** | **SINGAPORE — 1.2%** | **SINGAPORE — 1.2%** |  |
| Singapore Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 11/1/2025<br>| SGD | &nbsp;&nbsp;&nbsp;&nbsp;719000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;501349 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 11/1/2026<br>| SGD | &nbsp;&nbsp;&nbsp;&nbsp;630000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;443752 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.63%, 7/1/2031<br>| SGD | &nbsp;&nbsp;&nbsp;&nbsp;970000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;643677 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 3/1/2050<br>| SGD | &nbsp;&nbsp;&nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;486505 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 10/1/2051<br>| SGD | &nbsp;&nbsp;1070000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;703534 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 2/1/2024<br>| SGD | &nbsp;&nbsp;1274000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;937270 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 6/1/2026<br>| SGD | &nbsp;&nbsp;1300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;946406 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 8/1/2036<br>| SGD | &nbsp;&nbsp;1467000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;993659 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 6/1/2025<br>| SGD | &nbsp;&nbsp;1030000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;757601 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 7/1/2039<br>| SGD | &nbsp;&nbsp;&nbsp;&nbsp;615000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;424154 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG INTERNATIONAL TREASURY BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 5/1/2028<br>| SGD | &nbsp;&nbsp;&nbsp;&nbsp;715000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$523349 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 8/1/2032<br>| SGD | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;430222 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 4/1/2042<br>| SGD | &nbsp;&nbsp;&nbsp;&nbsp;560000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;426326 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 3/1/2046<br>| SGD | &nbsp;&nbsp;&nbsp;&nbsp;985000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;763794 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 9/1/2027<br>| SGD | &nbsp;&nbsp;&nbsp;&nbsp;805000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;601577 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 7/1/2029<br>| SGD | &nbsp;&nbsp;1340000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;988615 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 9/1/2030<br>| SGD | &nbsp;&nbsp;&nbsp;&nbsp;850000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;623621 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 9/1/2024<br>| SGD | &nbsp;&nbsp;&nbsp;&nbsp;850000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;632626 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 9/1/2033<br>| SGD | &nbsp;&nbsp;&nbsp;&nbsp;690000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;526297 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 3/1/2027<br>| SGD | &nbsp;&nbsp;&nbsp;&nbsp;730000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;558440 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12912774 |
| **SLOVAKIA — 0.5%** | **SLOVAKIA — 0.5%** | **SLOVAKIA — 0.5%** |  |
| Slovakia Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 231, 0.63%, 5/22/2026<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;536000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;522758 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 234, 1.00%, 6/12/2028<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;909000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;851483 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 237, 1.00%, 10/9/2030<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;375000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;328445 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 239, 1.00%, 5/14/2032<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;127696 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 228, 1.38%, 1/21/2027<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;341000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;337562 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 229, 1.63%, 1/21/2031<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;964000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;889443 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 232, 1.88%, 3/9/2037<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;384000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;314323 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 233, 2.00%, 10/17/2047<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;380000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;286554 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 235, 2.25%, 6/12/2068<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52373 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 223, 3.38%, 11/15/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;495000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;529769 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 227, 3.63%, 1/16/2029<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;763000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;821070 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 10/19/2032<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;225000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;245559 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 216, 4.35%, 10/14/2025<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;413000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;452939 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5759974 |
| **SLOVENIA — 0.3%** | **SLOVENIA — 0.3%** | **SLOVENIA — 0.3%** |  |
| Slovenia Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series RS80, 1.00%, 3/6/2028<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;297000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;282287 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series RS81, 1.19%, 3/14/2029<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;270000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;252267 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series RS79, 1.25%, 3/22/2027<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;362000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;357696 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series RS74, 1.50%, 3/25/2035<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;433000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;351915 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series RS78, 1.75%, 11/3/2040<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;285000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;212800 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series RS75, 2.13%, 7/28/2025<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;666000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;706145 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series RS77, 2.25%, 3/3/2032<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;564000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$533137 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series RS76, 3.13%, 8/7/2045<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;498000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;461450 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series RS66, 4.63%, 9/9/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;210000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;232721 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series RS70, 5.13%, 3/30/2026<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;375000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;429511 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3819929 |
| **SOUTH KOREA — 4.6%** | **SOUTH KOREA — 4.6%** | **SOUTH KOREA — 4.6%** |  |
| Korea Treasury Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2406, 1.13%, 6/10/2024<br>| KRW | &nbsp;&nbsp;2956000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2252877 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3006, 1.38%, 6/10/2030<br>| KRW | &nbsp;&nbsp;1610000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1074857 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2503, 1.50%, 3/10/2025<br>| KRW | &nbsp;&nbsp;3715000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2799169 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2612, 1.50%, 12/10/2026<br>| KRW | &nbsp;&nbsp;1139150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;825708 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3609, 1.50%, 9/10/2036<br>| KRW | &nbsp;&nbsp;&nbsp;&nbsp;685690000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;411343 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 4009, 1.50%, 9/10/2040<br>| KRW | &nbsp;&nbsp;1050000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;592467 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 5003, 1.50%, 3/10/2050<br>| KRW | &nbsp;&nbsp;3050000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1513676 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 7009, 1.63%, 9/10/2070<br>| KRW | &nbsp;&nbsp;2050000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;876774 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2412, 1.88%, 12/10/2024<br>| KRW | &nbsp;&nbsp;1315000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1002420 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2606, 1.88%, 6/10/2026<br>| KRW | &nbsp;&nbsp;&nbsp;&nbsp;866000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;642837 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 5103, 1.88%, 3/10/2051<br>| KRW | &nbsp;&nbsp;3555000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1927255 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3106, 2.00%, 6/10/2031<br>| KRW | &nbsp;&nbsp;6670000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4592087 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 4603, 2.00%, 3/10/2046<br>| KRW | &nbsp;&nbsp;&nbsp;&nbsp;975000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;569177 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 4903, 2.00%, 3/10/2049<br>| KRW | &nbsp;&nbsp;8439000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4797965 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2706, 2.13%, 6/10/2027<br>| KRW | &nbsp;&nbsp;3219870000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2372883 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 4703, 2.13%, 3/10/2047<br>| KRW | &nbsp;&nbsp;1770330000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1051961 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2506, 2.25%, 6/10/2025<br>| KRW | &nbsp;&nbsp;1049940000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;801021 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2506, 2.25%, 6/10/2025<br>| KRW | &nbsp;&nbsp;1250000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;953651 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2512, 2.25%, 12/10/2025<br>| KRW | &nbsp;&nbsp;&nbsp;&nbsp;921000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;698058 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3709, 2.25%, 9/10/2037<br>| KRW | &nbsp;&nbsp;&nbsp;&nbsp;500000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;328383 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2703, 2.38%, 3/10/2027<br>| KRW | &nbsp;&nbsp;&nbsp;2110000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1577187 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 5203, 2.50%, 3/10/2052<br>| KRW | &nbsp;&nbsp;1100000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;688066 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3509, 2.63%, 9/10/2035<br>| KRW | &nbsp;&nbsp;&nbsp;&nbsp;939210000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;656421 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG INTERNATIONAL TREASURY BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 4803, 2.63%, 3/10/2048<br>| KRW | &nbsp;&nbsp;&nbsp;&nbsp;590000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$385905 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 4412, 2.75%, 12/10/2044<br>| KRW | &nbsp;&nbsp;1248000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;847716 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2409, 3.00%, 9/10/2024<br>| KRW | &nbsp;&nbsp;1644000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1284065 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 4212, 3.00%, 12/10/2042<br>| KRW | &nbsp;&nbsp;2971780000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2119698 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2506, 3.13%, 6/10/2025<br>| KRW | &nbsp;&nbsp;1507000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1173751 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3206, 3.38%, 6/10/2032<br>| KRW | &nbsp;&nbsp;1950000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1489472 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2403, 3.50%, 3/10/2024<br>| KRW | &nbsp;&nbsp;1985830000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1565940 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3312, 3.75%, 12/10/2033<br>| KRW | &nbsp;&nbsp;1936250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1523132 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3112, 4.00%, 12/10/2031<br>| KRW | &nbsp;&nbsp;1622640000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1301645 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3012, 4.75%, 12/10/2030<br>| KRW | &nbsp;&nbsp;3095050000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2604153 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2803, 5.50%, 3/10/2028<br>| KRW | &nbsp;&nbsp;4937000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4213504 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51515224 |
| **SPAIN — 4.6%** | **SPAIN — 4.6%** | **SPAIN — 4.6%** |  |
| Kingdom of Spain: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 1/31/2025<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;836000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;840249 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 5YR, 0.25%, 7/30/2024 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;901000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;923244 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 4/30/2030 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1042000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;912595 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.60%, 10/31/2029 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1130000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1014254 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%, 10/31/2050 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1110000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;617059 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.20%, 10/31/2040 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;635000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;443478 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 10/31/2030 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1053480 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.30%, 10/31/2026 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1704411 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.40%, 4/30/2028 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1326000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1294280 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.40%, 7/30/2028 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1333000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1296221 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.45%, 10/31/2027 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1533000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1515995 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.45%, 4/30/2029 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1473000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1416742 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 4/30/2027 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1554000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1556275 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.60%, 4/30/2025 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1274000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1320387 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.85%, 7/30/2035 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;850000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;738403 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95%, 4/30/2026 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1326000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1368616 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95%, 7/30/2030 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;969000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;940459 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.15%, 10/31/2025 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1201000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1256167 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.35%, 7/30/2033 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1010000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;961179 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 30Y, 2.70%, 10/31/2048 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1216000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1058417 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 10/31/2024 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;933000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;992611 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 10/31/2046 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;1206000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1107125 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 7/30/2066 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;803000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;763931 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 4/30/2024 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;1024000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1106063 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 1/31/2037 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;1053000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1177489 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 7/30/2025 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;1228000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1365863 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%, 7/30/2041 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;1060000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1262362 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 1/31/2024 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;579000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;631479 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 7/30/2040 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;886000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1082277 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 10/31/2028 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;1016000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1193832 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 10/31/2044 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;838000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1064431 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 7/30/2032<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;1219000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1546133 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 7/30/2026 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;1478000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1731093 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 1/31/2029<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;1310000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1614528 |
| Spain Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 5/31/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;683000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;700152 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 5/31/2025<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;1197000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1189432 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 1/31/2026<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;1463000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1423819 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 1/31/2027<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;1202000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1132314 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 1/31/2028<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;1520000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1385051 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.10%, 4/30/2031 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;1920000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1567166 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 10/31/2031 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;1358000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1128038 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.70%, 4/30/2032 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;1341000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1114735 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.80%, 7/30/2029<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;456249 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%, 7/30/2042 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;747000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;486393 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.90%, 10/31/2052 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;596000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;407359 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55%, 10/31/2032 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;950000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;927956 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50789792 |
| **SWEDEN — 0.5%** | **SWEDEN — 0.5%** | **SWEDEN — 0.5%** |  |
| Kingdom of Sweden: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1062, 0.13%, 5/12/2031 (a)<br>| SEK | &nbsp;&nbsp;10315000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;821236 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1063, 0.50%, 11/24/2045 (a)<br>| SEK | &nbsp;&nbsp;&nbsp;&nbsp;2075000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;137419 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1060, 0.75%, 5/12/2028 (a)<br>| SEK | &nbsp;&nbsp;&nbsp;&nbsp;9860000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;863683 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1061, 0.75%, 11/12/2029 (a)<br>| SEK | &nbsp;&nbsp;&nbsp;&nbsp;8325000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;714852 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1059, 1.00%, 11/12/2026 (a)<br>| SEK | &nbsp;&nbsp;&nbsp;&nbsp;8645000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;780255 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1064, 1.38%, 6/23/2071 (a)<br>| SEK | &nbsp;&nbsp;&nbsp;&nbsp;1455000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82202 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1065, 1.75%, 11/11/2033<br>| SEK | &nbsp;&nbsp;&nbsp;&nbsp;1025000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92565 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1056, 2.25%, 6/1/2032 (a)<br>| SEK | &nbsp;&nbsp;&nbsp;&nbsp;7215000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;686019 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1058, 2.50%, 5/12/2025 (a)<br>| SEK | &nbsp;&nbsp;&nbsp;&nbsp;8905000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;848976 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1053, 3.50%, 3/30/2039 (a)<br>| SEK | &nbsp;&nbsp;&nbsp;&nbsp;4490000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;503012 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG INTERNATIONAL TREASURY BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| Sweden Government International Bond Series REGS, 0.13%, 9/9/2030<br>| SEK | &nbsp;&nbsp;&nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$161524 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5691743 |
| **SWITZERLAND — 0.8%** | **SWITZERLAND — 0.8%** | **SWITZERLAND — 0.8%** |  |
| Swiss Confederation Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 6/26/2034<br>| CHF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;269597 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.25%, 6/23/2035<br>| CHF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;499000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;455788 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 10/26/2038<br>| CHF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;212278 |
| Switzerland Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 6/22/2029<br>| CHF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;718000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;704970 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 7/24/2039<br>| CHF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;375000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;310297 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 5/27/2030<br>| CHF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;418000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;419309 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 6/27/2032<br>| CHF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;320000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;313279 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 6/28/2045<br>| CHF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;595000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;511409 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 5/24/2055<br>| CHF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104849 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 5/30/2058<br>| CHF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144765 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 6/11/2024<br>| CHF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;320000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;345937 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 5/28/2026<br>| CHF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;810000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;871984 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 6/27/2037<br>| CHF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;349143 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 7/24/2025<br>| CHF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;435000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;472378 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 4/30/2042<br>| CHF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;385000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;408728 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 6/25/2064<br>| CHF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;554000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;696435 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 6/22/2031<br>| CHF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;364000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;415032 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 3/8/2036<br>| CHF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;495000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;588800 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 6/27/2027<br>| CHF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;270000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;314825 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 4/8/2033<br>| CHF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;382134 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 4/8/2028<br>| CHF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;576000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;701946 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 1/6/2049<br>| CHF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;451021 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9444904 |
| **THAILAND — 2.0%** | **THAILAND — 2.0%** | **THAILAND — 2.0%** |  |
| Thailand Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 9/17/2024<br>| THB | &nbsp;&nbsp;&nbsp;&nbsp;6000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171131 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.95%, 6/17/2025<br>| THB | &nbsp;&nbsp;35125000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;997599 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%, 6/17/2027<br>| THB | &nbsp;&nbsp;66350000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1838528 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.45%, 12/17/2024<br>| THB | &nbsp;&nbsp;58750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1689553 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.59%, 12/17/2035<br>| THB | &nbsp;&nbsp;33500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;823663 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 6/17/2049<br>| THB | &nbsp;&nbsp;&nbsp;&nbsp;4500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88745 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 12/17/2031<br>| THB | &nbsp;&nbsp;19500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;541674 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 6/17/2042<br>| THB | &nbsp;&nbsp;41600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;967283 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 12/17/2026<br>| THB | &nbsp;&nbsp;37825000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1106629 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.35%, 6/17/2026<br>| THB | &nbsp;&nbsp;36400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1073547 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 6/17/2028<br>| THB | &nbsp;&nbsp;17500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;521563 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 6/17/2046<br>| THB | &nbsp;&nbsp;25850000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;659265 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 6/17/2038<br>| THB | &nbsp;&nbsp;39300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1150731 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35%, 6/17/2033<br>| THB | &nbsp;&nbsp;&nbsp;11500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;352218 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 6/17/2036<br>| THB | &nbsp;&nbsp;17710000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;529700 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.58%, 12/17/2027<br>| THB | &nbsp;&nbsp;16000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;496721 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 6/17/2067<br>| THB | &nbsp;&nbsp;16750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;417185 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.78%, 6/25/2032<br>| THB | &nbsp;&nbsp;64250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2032493 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 12/12/2025<br>| THB | &nbsp;&nbsp;35350000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1082087 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 6/17/2066<br>| THB | &nbsp;&nbsp;36920000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1019555 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.26%, 12/12/2037<br>| THB | &nbsp;&nbsp;56550000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1800132 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.68%, 6/29/2044<br>| THB | &nbsp;&nbsp;18340000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;630405 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 12/20/2024<br>| THB | &nbsp;&nbsp;&nbsp;&nbsp;5000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152958 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85%, 6/17/2061<br>| THB | &nbsp;&nbsp;19010000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;620230 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 6/22/2029<br>| THB | &nbsp;&nbsp;41255000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1384120 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22147715 |
| **UNITED KINGDOM — 5.0%** | **UNITED KINGDOM — 5.0%** | **UNITED KINGDOM — 5.0%** |  |
| United Kingdom Treasury Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.13%, 1/31/2024<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;1080000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1249635 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.13%, 1/30/2026<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;1613000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1749186 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.13%, 1/31/2028<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;1410000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1422205 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.25%, 1/31/2025<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;1300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1451393 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.25%, 7/31/2031<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;1098000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;989470 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.38%, 10/22/2026<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;1357000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1444193 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.38%, 10/22/2030<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;1368000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1285518 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 1/31/2029<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;745719 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 10/22/2061<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;342490 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.63%, 6/7/2025<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;1549000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1739197 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.63%, 7/31/2035<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;364458 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.63%, 10/22/2050<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;875000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;468779 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.88%, 10/22/2029<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;1381000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1389266 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.88%, 7/31/2033<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;269357 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.88%, 1/31/2046<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;1275000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;811541 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%, 4/22/2024<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;1200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1395081 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%, 1/31/2032<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;1775000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1690165 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.13%, 10/22/2073<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;550000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;288819 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 7/22/2027<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;920000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;996931 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 10/22/2041<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;1684000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1284159 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 7/31/2051<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;1679000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1090824 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 7/22/2026<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;920000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1028427 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 7/22/2047<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;1083000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;794385 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 7/31/2053<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;172022 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.63%, 10/22/2028<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;1236000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1335222 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.63%, 10/22/2054<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;520000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;368987 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.63%, 10/22/2071<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;906000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;604547 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 9/7/2037<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;1886000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1706562 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 1/22/2049<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;653000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;502532 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 7/22/2057<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;944000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;693076 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series REGS, 2.00%, 9/7/2025<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;1325000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1529382 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 7/22/2065<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;563000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;506502 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 9/7/2024<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;947550 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 1/22/2044<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;740000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;788522 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 1/22/2045<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;896000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;990137 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 7/22/2068<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;510000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;587038 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 1/29/2038<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;580580 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 7/22/2052<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;1034000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1197979 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 1/22/2060<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;795000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000774 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 1/29/2027<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;1075000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1307728 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 12/7/2027<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;970000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1197441 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 6/7/2032<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;1095000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1378061 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 3/7/2036<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;715000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;889144 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG INTERNATIONAL TREASURY BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 9/7/2039<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;597000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$735904 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 12/7/2040<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;842000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1035641 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 12/7/2046<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;638000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;790716 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 12/7/2049<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;715000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;891451 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 12/7/2055<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;789000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1013294 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 9/7/2034<br>| GBP | &nbsp;&nbsp;2099000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2675990 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 12/7/2042<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;782000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;998425 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 12/7/2030<br>| GBP | &nbsp;&nbsp;1377000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1785721 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 12/7/2038<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;784000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1025748 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 3/7/2025<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;978000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1209107 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 12/7/2028<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;445000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;599888 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55336869 |
| **TOTAL FOREIGN GOVERNMENT OBLIGATIONS<br>(Cost $1,294,255,248)<br>**  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;1107147072 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** |  |
| **SHORT-TERM INVESTMENT — 0.0% (b)** | **SHORT-TERM INVESTMENT — 0.0% (b)** |  |
| State Street Institutional U.S. Government Money Market Fund, Class G Shares 4.16% (c)(d)<br>(Cost $311,474) | 311474 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;311474 |
| **TOTAL INVESTMENTS — 99.3%<br>(Cost $1,294,566,722)<br>** | **TOTAL INVESTMENTS — 99.3%<br>(Cost $1,294,566,722)<br>** | &nbsp;&nbsp;&nbsp;1107458546 |
| **OTHER ASSETS IN EXCESS OF<br>LIABILITIES — 0.7% <br>** | **OTHER ASSETS IN EXCESS OF<br>LIABILITIES — 0.7% <br>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7907548 |
| **NET ASSETS — 100.0% <br>** | **NET ASSETS — 100.0% <br>** | $1115366094 |

---

(a) Securities
 purchased pursuant to Rule 144A of the Securities Act of 1933, as amended. These securities, which represent 19.2% of net assets as of December 31, 2022, are considered liquid and may be resold in transactions exempt from registration, normally to
qualified institutional buyers.

(b) Amount
 is less than 0.05% of net assets.

(c) The
 Fund invested in certain money market funds managed by SSGA Funds Management, Inc. Amounts related to these transactions during the period ended December 31, 2022 are shown in the Affiliate Table below.

(d) The
 rate shown is the annualized seven-day yield at December 31, 2022.

---

| | |
|:---|:---|
| EMTN | Euro Medium Term Note |
| GMTN | Global Medium Term Note |
| AUD | Australian Dollar |
| CAD | Canadian Dollar |
| CHF | Swiss Franc |
| CLP | Chilean Peso |
| CNY | China Yuan Renminbi |
| COP | Colombian Peso |
| CZK | Czech Koruna |
| DKK | Danish Krone |
| EUR | Euro |
| GBP | British Pound |
| HKD | Hong Kong Dollar |
| HUF | Hungary Forint |
| IDR | Indonesia Rupiah |
| ILS | Israeli New Shekel |
| JPY | Japanese Yen |
| KRW | South Korean Won |
| MXN | Mexican Peso |
| MYR | Malaysian Ringgit |
| NOK | Norwegian Krone |
| NZD | New Zealand Dollar |
| PEN | Peru Nuevo Sol |
| PLN | Polish Zloty |
| RON | Romania New Leu |
| SEK | Swedish Krona |
| SGD | Singapore Dollar |
| THB | Thai Baht |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG INTERNATIONAL TREASURY BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

The following table summarizes the value of the Fund's investments according to the fair value hierarchy as of December 31, 2022.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Level 1 –<br> Quoted Prices** | **Level 2 –<br> Other Significant<br> Observable Inputs** | **Level 3 –<br> Significant<br> Unobservable Inputs** | **Total** |
| **ASSETS:** |  |  |  |  |
| **INVESTMENTS:** |  |  |  |  |
| Foreign Government Obligations<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | $1107147072 | $— | $1107147072 |
| Short-Term Investment<br>| &nbsp;&nbsp;311474 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;311474 |
| **TOTAL INVESTMENTS<br>**  | $311474 | $1107147072 | $— | $1107458546 |

---

#### Affiliate Table

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Number of<br> Shares Held<br> at<br> 12/31/21** | **Value at<br>12/31/21** | **Cost of<br> Purchases** | **Proceeds <br> from<br> Shares Sold** | **Realized <br> Gain (Loss)** | **Change in<br> Unrealized<br> Appreciation/<br> Depreciation** | **Number of<br> Shares Held<br> at<br> 12/31/22** | **Value at<br>12/31/22** | **Dividend <br> Income** |
| State Street Institutional U.S. Government Money Market Fund, Class G Shares<br>| 2329850 | $2329850 | $96111721 | $98130097 | $— | $— | 311474 | $311474 | $15738 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG SHORT TERM INTERNATIONAL TREASURY BOND ETF

#### SCHEDULE OF INVESTMENTS

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| **FOREIGN GOVERNMENT OBLIGATIONS — 99.1%** | **FOREIGN GOVERNMENT OBLIGATIONS — 99.1%** | **FOREIGN GOVERNMENT OBLIGATIONS — 99.1%** |  |
| **AUSTRALIA — 4.6%** | **AUSTRALIA — 4.6%** | **AUSTRALIA — 4.6%** |  |
| Australia Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 159, 0.25%, 11/21/2024<br>| AUD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3090000 | &nbsp;&nbsp;&nbsp;&nbsp;$1975957 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 161, 0.25%, 11/21/2025<br>| AUD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1850000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1143560 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 137, 2.75%, 4/21/2024<br>| AUD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1855000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1248534 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 139, 3.25%, 4/21/2025<br>| AUD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3375000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2277976 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6646027 |
| **AUSTRIA — 2.6%** | **AUSTRIA — 2.6%** | **AUSTRIA — 2.6%** |  |
| Austria Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 7/15/2024 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;965000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;986747 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 4/20/2025 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;915000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;915479 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.20%, 10/20/2025 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;768913 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1, 1.65%, 10/21/2024 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1149861 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3821000 |
| **BELGIUM — 3.1%** | **BELGIUM — 3.1%** | **BELGIUM — 3.1%** |  |
| Belgium Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 82, 0.50%, 10/22/2024 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;835000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;856873 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 74, 0.80%, 6/22/2025 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1950000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1989046 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 72, 2.60%, 6/22/2024 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1597032 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4442951 |
| **CANADA — 4.6%** | **CANADA — 4.6%** | **CANADA — 4.6%** |  |
| Canadian Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.25%, 4/1/2024<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1450000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1018637 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 9/1/2025<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1665000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1126385 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 10/1/2024<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1975000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1377588 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 9/1/2024<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;950000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;672526 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 6/1/2025<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;550000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;391694 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 6/1/2024<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1586689 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 10/1/2025<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;650000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;469678 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6643197 |
| **CHILE — 0.4%** | **CHILE — 0.4%** | **CHILE — 0.4%** |  |
| Bonos de la Tesoreria de la Republica en pesos: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 3/1/2025<br>| CLP | &nbsp;&nbsp;450000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;475978 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 6/1/2024 (a)<br>| CLP | &nbsp;&nbsp;&nbsp;&nbsp;85000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97525 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;573503 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| **CHINA — 4.6%** | **CHINA — 4.6%** | **CHINA — 4.6%** |  |
| China Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series INBK, 1.99%, 4/9/2025<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$142404 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.18%, 6/25/2024<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9900000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1420660 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series INBK, 2.47%, 9/2/2024<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1612776 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series INBK, 2.84%, 4/8/2024<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;217142 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1913, 2.94%, 10/17/2024<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4450000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;646148 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series INBK, 3.02%, 10/22/2025<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;912356 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1713, 3.57%, 6/22/2024<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88049 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.61%, 6/7/2025<br>| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10850000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1608759 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6648294 |
| **COLOMBIA — 0.5%** | **COLOMBIA — 0.5%** | **COLOMBIA — 0.5%** |  |
| Colombian TES: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series B, 6.25%, 11/26/2025<br>| COP | &nbsp;&nbsp;1645000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;290220 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series B, 10.00%, 7/24/2024<br>| COP | &nbsp;&nbsp;2005000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;402658 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;692878 |
| **CYPRUS — 0.2%** | **CYPRUS — 0.2%** | **CYPRUS — 0.2%** |  |
| Cyprus Government International Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 2.75%, 6/27/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105848 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series EMTN, 4.25%, 11/4/2025<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;162231 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;268079 |
| **CZECH REPUBLIC — 0.9%** | **CZECH REPUBLIC — 0.9%** | **CZECH REPUBLIC — 0.9%** |  |
| Czech Republic Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 120, 1.25%, 2/14/2025<br>| CZK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10330000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;417956 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 89, 2.40%, 9/17/2025<br>| CZK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;409111 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 58, 5.70%, 5/25/2024<br>| CZK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;442073 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1269140 |
| **DENMARK — 0.9%** | **DENMARK — 0.9%** | **DENMARK — 0.9%** |  |
| Denmark Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 11/15/2024<br>| DKK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5030000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;685511 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 11/15/2025<br>| DKK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;558713 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 11/10/2024<br>| DKK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38545 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1282769 |
| **FINLAND — 1.3%** | **FINLAND — 1.3%** | **FINLAND — 1.3%** |  |
| Finland Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 9/15/2024 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;360000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;366934 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG SHORT TERM INTERNATIONAL TREASURY BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 4/15/2024 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$792528 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 7/4/2025 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;660039 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1819501 |
| **FRANCE — 5.1%** | **FRANCE — 5.1%** | **FRANCE — 5.1%** |  |
| France Government Bond OAT: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 3/25/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1465000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1510101 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 3/25/2025<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1604979 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 5/25/2025<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1425000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1441218 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%, 11/25/2025<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;762087 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 11/25/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;900000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;941646 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 5/25/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1075000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1138771 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7398802 |
| **GERMANY — 4.5%** | **GERMANY — 4.5%** | **GERMANY — 4.5%** |  |
| Federal Republic of Germany: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 179, 0.01%, 4/5/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;115000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;119022 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 180, 0.01%, 10/18/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;645000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;657709 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 181, 0.01%, 4/11/2025<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;535000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;539329 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 182, 0.01%, 10/10/2025<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;550000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;548070 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series G, 0.01%, 10/10/2025<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;149951 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 2/15/2025<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1075000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1099382 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%, 8/15/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;825000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;859251 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%, 8/15/2025<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;385000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;395121 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 5/15/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;900000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;947667 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 2/15/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1205000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1275488 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6590990 |
| **HONG KONG — 0.2%** | **HONG KONG — 0.2%** | **HONG KONG — 0.2%** |  |
| Hong Kong Government Bond Programme: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.36%, 4/15/2024<br>| HKD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;850000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103661 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.22%, 8/7/2024<br>| HKD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;900000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111806 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;215467 |
| **HUNGARY — 0.6%** | **HUNGARY — 0.6%** | **HUNGARY — 0.6%** |  |
| Hungary Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 25/C, 1.00%, 11/26/2025<br>| HUF | &nbsp;&nbsp;140000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;285241 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 24/C, 2.50%, 10/24/2024<br>| HUF | &nbsp;&nbsp;&nbsp;&nbsp;57000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130037 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 24/B, 3.00%, 6/26/2024<br>| HUF | &nbsp;&nbsp;&nbsp;&nbsp;75500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177111 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 25/B, 5.50%, 6/24/2025<br>| HUF | &nbsp;&nbsp;&nbsp;&nbsp;95000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;221501 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;813890 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| **INDONESIA — 2.2%** | **INDONESIA — 2.2%** | **INDONESIA — 2.2%** |  |
| Indonesia Treasury Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR81, 6.50%, 6/15/2025<br>| &nbsp;&nbsp;IDR | &nbsp;&nbsp;12500000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$809759 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series FR70, 8.38%, 3/15/2024<br>| &nbsp;&nbsp;IDR | &nbsp;&nbsp;20240000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1342525 |
| Perusahaan Penerbit SBSN Indonesia: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series PBS, 6.13%, 10/15/2025<br>| &nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;&nbsp;5340000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340992 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series PBS, 6.63%, 10/15/2024<br>| &nbsp;&nbsp;IDR | &nbsp;&nbsp;10965000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;709167 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3202443 |
| **IRELAND — 1.3%** | **IRELAND — 1.3%** | **IRELAND — 1.3%** |  |
| Ireland Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 3/18/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;645472 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 3/13/2025<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1090000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1226942 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1872414 |
| **ISRAEL — 1.2%** | **ISRAEL — 1.2%** | **ISRAEL — 1.2%** |  |
| Israel Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1024, 0.40%, 10/31/2024<br>| &nbsp;&nbsp;&nbsp;ILS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1175000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;312502 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0425, 0.50%, 4/30/2025<br>| &nbsp;&nbsp;&nbsp;ILS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1965000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;517427 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0825, 1.75%, 8/31/2025<br>| &nbsp;&nbsp;&nbsp;ILS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1350000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;363717 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0324, 3.75%, 3/31/2024<br>| &nbsp;&nbsp;&nbsp;ILS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;564333 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1757979 |
| **ITALY — 5.1%** | **ITALY — 5.1%** | **ITALY — 5.1%** |  |
| Italy Buoni Poliennali Del Tesoro: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 4/15/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102600 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 8/15/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;126768 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.35%, 2/1/2025<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;325000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;326113 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.20%, 8/15/2025<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1050000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1056114 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.45%, 11/15/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;206694 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.45%, 5/15/2025<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;775000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;791552 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 7/1/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;850000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;887772 |
| Republic of Italy: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.85%, 7/1/2025 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;225000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230801 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 12/1/2025<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;255666 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 12/1/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;735000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;774463 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 9/1/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1076123 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 3/1/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;866999 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 3/1/2025 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;772335 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7474000 |
| **JAPAN — 23.2%** | **JAPAN — 23.2%** | **JAPAN — 23.2%** |  |
| Government of Japan 10 Year Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 340, 0.40%, 9/20/2025<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1453213 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG SHORT TERM INTERNATIONAL TREASURY BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 333, 0.60%, 3/20/2024<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;456000000 | &nbsp;&nbsp;&nbsp;&nbsp;$3480350 |
| Government of Japan 5 Year Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 139, 0.10%, 3/20/2024<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;563000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4271324 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 140, 0.10%, 6/20/2024<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;250000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1896699 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 141, 0.10%, 9/20/2024<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;570000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4324777 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 142, 0.10%, 12/20/2024<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;154350000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1171092 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 143, 0.10%, 3/20/2025<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;525000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3983268 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 144, 0.10%, 6/20/2025<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;550000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4172822 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 145, 0.10%, 9/20/2025<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;365000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2769320 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 146, 0.10%, 12/20/2025<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;500000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3793285 |
| Japan Government Two Year Bond Series 434, 0.01%, 3/1/2024<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;319500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2421367 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33737517 |
| **MALAYSIA — 2.3%** | **MALAYSIA — 2.3%** | **MALAYSIA — 2.3%** |  |
| Malaysia Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0319, 3.48%, 6/14/2024<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135697 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0115, 3.96%, 9/15/2025<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;456262 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0217, 4.06%, 9/30/2024<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;285263 |
| Malaysia Government Investment Issue: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0419, 3.66%, 10/15/2024<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4090000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;928849 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0415, 3.99%, 10/15/2025<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2410000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;550661 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0217, 4.05%, 8/15/2024<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;721171 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0813, 4.44%, 5/22/2024<br>| MYR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;925000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;212202 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3290105 |
| **MEXICO — 2.0%** | **MEXICO — 2.0%** | **MEXICO — 2.0%** |  |
| Mexican Bonos: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series M, 5.00%, 3/6/2025<br>| MXN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;386134 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series M, 8.00%, 9/5/2024<br>| MXN | &nbsp;&nbsp;&nbsp;&nbsp;28065000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1392402 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series M 20, 10.00%, 12/5/2024<br>| MXN | &nbsp;&nbsp;&nbsp;&nbsp;21725000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1117318 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2895854 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| **NETHERLANDS — 3.1%** | **NETHERLANDS — 3.1%** | **NETHERLANDS — 3.1%** |  |
| Kingdom of Netherlands: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 1/15/2024 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;767000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$796654 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.25%, 7/15/2025 (a)<br>| EUR | &nbsp;&nbsp;1750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1758875 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 7/15/2024 (a)<br>| EUR | &nbsp;&nbsp;1860000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1963990 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4519519 |
| **NEW ZEALAND — 0.9%** | **NEW ZEALAND — 0.9%** | **NEW ZEALAND — 0.9%** |  |
| New Zealand Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0524, 0.50%, 5/15/2024<br>| NZD | &nbsp;&nbsp;1010000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600282 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0425, 2.75%, 4/15/2025<br>| NZD | &nbsp;&nbsp;1275000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;768829 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1369111 |
| **NORWAY — 0.7%** | **NORWAY — 0.7%** | **NORWAY — 0.7%** |  |
| Norway Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 477, 1.75%, 3/13/2025 (a)<br>| NOK | &nbsp;&nbsp;3990000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;393475 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 476, 3.00%, 3/14/2024 (a)<br>| NOK | &nbsp;&nbsp;6555000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;664217 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1057692 |
| **PERU — 0.1%** | **PERU — 0.1%** | **PERU — 0.1%** |  |
| Peru Government Bond 5.70%, 8/12/2024<br>| PEN | &nbsp;&nbsp;&nbsp;&nbsp;550000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142113 |
| **POLAND — 1.9%** | **POLAND — 1.9%** | **POLAND — 1.9%** |  |
| Poland Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0425, 0.75%, 4/25/2025<br>| &nbsp;&nbsp;PLN | &nbsp;&nbsp;1775000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;352511 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1024, 2.25%, 10/25/2024<br>| &nbsp;&nbsp;PLN | &nbsp;&nbsp;3750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;791166 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0424, 2.50%, 4/25/2024<br>| &nbsp;&nbsp;PLN | &nbsp;&nbsp;2880000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;623899 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0725, 3.25%, 7/25/2025<br>| &nbsp;&nbsp;PLN | &nbsp;&nbsp;3750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;784240 |
| Republic of Poland Government Bond Series 0724, 0.01%, 7/25/2024<br>| &nbsp;&nbsp;PLN | &nbsp;&nbsp;&nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;154574 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2706390 |
| **PORTUGAL — 1.4%** | **PORTUGAL — 1.4%** | **PORTUGAL — 1.4%** |  |
| Portugal Obrigacoes do Tesouro OT: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 10/15/2025 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;975000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1040568 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 2/15/2024 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;950000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1045475 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2086043 |
| **ROMANIA — 0.8%** | **ROMANIA — 0.8%** | **ROMANIA — 0.8%** |  |
| Romania Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 11/25/2025<br>| RON | &nbsp;&nbsp;&nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;146011 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 5Y, 3.65%, 7/28/2025<br>| RON | &nbsp;&nbsp;1200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;237311 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG SHORT TERM INTERNATIONAL TREASURY BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 4YR, 3.70%, 11/25/2024<br>| RON | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1670000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$340677 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 5Y, 4.50%, 6/17/2024<br>| RON | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;840000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175681 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 10Y, 4.75%, 2/24/2025<br>| RON | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1135000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;233970 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1133650 |
| **SINGAPORE — 1.5%** | **SINGAPORE — 1.5%** | **SINGAPORE — 1.5%** |  |
| Singapore Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%, 11/1/2025<br>| SGD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;348643 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 2/1/2024<br>| SGD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;415000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;305311 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 6/1/2025<br>| SGD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;900000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;661982 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 9/1/2024<br>| SGD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;818693 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2134629 |
| **SLOVAKIA — 0.6%** | **SLOVAKIA — 0.6%** | **SLOVAKIA — 0.6%** |  |
| Slovakia Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 240, 0.01%, 6/17/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203855 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 238, 0.25%, 5/14/2025<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;248637 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 223, 3.38%, 11/15/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;321072 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 216, 4.35%, 10/14/2025<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;164506 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;938070 |
| **SLOVENIA — 0.2%** | **SLOVENIA — 0.2%** | **SLOVENIA — 0.2%** |  |
| Slovenia Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series RS75, 2.13%, 7/28/2025<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;159042 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series RS66, 4.63%, 9/9/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;166229 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;325271 |
| **SOUTH KOREA — 4.6%** | **SOUTH KOREA — 4.6%** | **SOUTH KOREA — 4.6%** |  |
| Korea Treasury Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2406, 1.13%, 6/10/2024<br>| KRW | &nbsp;&nbsp;1608000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1225516 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2409, 1.38%, 9/10/2024<br>| KRW | &nbsp;&nbsp;2600000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1976732 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2503, 1.50%, 3/10/2025<br>| KRW | &nbsp;&nbsp;&nbsp;&nbsp;900000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;678130 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2403, 1.88%, 3/10/2024<br>| KRW | &nbsp;&nbsp;&nbsp;&nbsp;440000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340476 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2506, 2.25%, 6/10/2025<br>| KRW | &nbsp;&nbsp;1790000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1365628 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2512, 2.25%, 12/10/2025<br>| KRW | &nbsp;&nbsp;1500000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1136902 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6723384 |
| **SPAIN — 4.5%** | **SPAIN — 4.5%** | **SPAIN — 4.5%** |  |
| Kingdom of Spain: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 1/31/2025<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;895000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;899549 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 5YR, 0.25%, 7/30/2024 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;525000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$537961 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.60%, 4/30/2025 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;525000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;544115 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.15%, 10/31/2025 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;836748 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 10/31/2024 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;925000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;984100 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 4/30/2024 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;900000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;972126 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65%, 7/30/2025 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;775000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;862006 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 1/31/2024 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;473000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;515872 |
| Spain Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 5/31/2024<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102511 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 5/31/2025<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;248419 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6503407 |
| **SWEDEN — 0.4%** | **SWEDEN — 0.4%** | **SWEDEN — 0.4%** |  |
| Kingdom of Sweden Series 1058, 2.50%, 5/12/2025 (a)<br>| SEK | &nbsp;&nbsp;&nbsp;&nbsp;6395000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;609680 |
| **SWITZERLAND — 0.4%** | **SWITZERLAND — 0.4%** | **SWITZERLAND — 0.4%** |  |
| Switzerland Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 6/11/2024<br>| CHF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;297290 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 7/24/2025<br>| CHF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;285000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;309489 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;606779 |
| **THAILAND — 2.1%** | **THAILAND — 2.1%** | **THAILAND — 2.1%** |  |
| Thailand Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%, 6/17/2024<br>| THB | &nbsp;&nbsp;31175000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;891237 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.95%, 6/17/2025<br>| THB | &nbsp;&nbsp;12000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340817 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.45%, 12/17/2024<br>| THB | &nbsp;&nbsp;44200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1271119 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 12/12/2025<br>| THB | &nbsp;&nbsp;18800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;575480 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3078653 |
| **UNITED KINGDOM — 4.5%** | **UNITED KINGDOM — 4.5%** | **UNITED KINGDOM — 4.5%** |  |
| United Kingdom Treasury Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.25%, 1/31/2025<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;446582 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.63%, 6/7/2025<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;975000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1094718 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%, 4/22/2024<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;1500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1743851 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series REGS, 2.00%, 9/7/2025<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;1050000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1211963 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 9/7/2024<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;935000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1107450 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 3/7/2025<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;989044 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6593608 |
| **TOTAL FOREIGN GOVERNMENT OBLIGATIONS<br>(Cost $155,076,153)<br>**  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;143884799 |
| **TOTAL INVESTMENTS — 99.1%<br>(Cost $155,076,153)<br>** | **TOTAL INVESTMENTS — 99.1%<br>(Cost $155,076,153)<br>** | **TOTAL INVESTMENTS — 99.1%<br>(Cost $155,076,153)<br>** | &nbsp;&nbsp;&nbsp;143884799 |
| **OTHER ASSETS IN EXCESS OF<br>LIABILITIES — 0.9% <br>** | **OTHER ASSETS IN EXCESS OF<br>LIABILITIES — 0.9% <br>** | **OTHER ASSETS IN EXCESS OF<br>LIABILITIES — 0.9% <br>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1351423 |
| **NET ASSETS — 100.0% <br>** | **NET ASSETS — 100.0% <br>** | **NET ASSETS — 100.0% <br>** | $145236222 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR BLOOMBERG SHORT TERM INTERNATIONAL TREASURY BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

(a) Securities
 purchased pursuant to Rule 144A of the Securities Act of 1933, as amended. These securities, which represent 17.0% of net assets as of December 31, 2022, are considered liquid and may be resold in transactions exempt from registration, normally to
qualified institutional buyers.

---

| | |
|:---|:---|
| EMTN | Euro Medium Term Note |
| AUD | Australian Dollar |
| CAD | Canadian Dollar |
| CHF | Swiss Franc |
| CLP | Chilean Peso |
| CNY | China Yuan Renminbi |
| COP | Colombian Peso |
| CZK | Czech Koruna |
| DKK | Danish Krone |
| EUR | Euro |
| GBP | British Pound |

---

---

| | |
|:---|:---|
| HKD | Hong Kong Dollar |
| HUF | Hungary Forint |
| IDR | Indonesia Rupiah |
| ILS | Israeli New Shekel |
| JPY | Japanese Yen |
| KRW | South Korean Won |
| MXN | Mexican Peso |
| MYR | Malaysian Ringgit |
| NOK | Norwegian Krone |
| NZD | New Zealand Dollar |
| PEN | Peru Nuevo Sol |
| PLN | Polish Zloty |
| RON | Romania New Leu |
| SEK | Swedish Krona |
| SGD | Singapore Dollar |
| THB | Thai Baht |

---

The following table summarizes the value of the Fund's investments according to the fair value hierarchy as of December 31, 2022.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Level 1 –<br> Quoted Prices** | **Level 2 –<br> Other Significant<br> Observable Inputs** | **Level 3 –<br> Significant<br> Unobservable Inputs** | **Total** |
| **ASSETS:** |  |  |  |  |
| **INVESTMENTS:** |  |  |  |  |
| Foreign Government Obligations<br>| $— | $143884799 | $— | $143884799 |

---

#### Affiliate Table

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Number of<br> Shares Held<br> at<br> 12/31/21** | **Value at<br>12/31/21** | **Cost of<br> Purchases** | **Proceeds <br> from<br> Shares Sold** | **Realized <br> Gain (Loss)** | **Change in<br> Unrealized<br> Appreciation/<br> Depreciation** | **Dividend <br> Income** |
| State Street Institutional U.S. Government Money Market Fund, Class G Shares<br>| 412399 | $412399 | $7889731 | $8302130 | $— | $— – $— | $1307 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR FTSE INTERNATIONAL GOVERNMENT INFLATION-PROTECTED BOND ETF

#### SCHEDULE OF INVESTMENTS

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| **FOREIGN GOVERNMENT OBLIGATIONS — 99.4%** | **FOREIGN GOVERNMENT OBLIGATIONS — 99.4%** | **FOREIGN GOVERNMENT OBLIGATIONS — 99.4%** |  |
| **AUSTRALIA — 4.6%** | **AUSTRALIA — 4.6%** | **AUSTRALIA — 4.6%** |  |
| Australia Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 32CI, 0.25%, 11/21/2032<br>| AUD | &nbsp;&nbsp;&nbsp;&nbsp;3412080 | &nbsp;&nbsp;&nbsp;&nbsp;$2029771 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 27CI, 0.75%, 11/21/2027<br>| AUD | &nbsp;&nbsp;&nbsp;&nbsp;5635066 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3771097 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 50CI, 1.00%, 2/21/2050<br>| AUD | &nbsp;&nbsp;&nbsp;&nbsp;3683225 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2029182 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 40CI, 1.25%, 8/21/2040<br>| AUD | &nbsp;&nbsp;&nbsp;&nbsp;3819942 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2356924 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 35CI, 2.00%, 8/21/2035<br>| AUD | &nbsp;&nbsp;&nbsp;&nbsp;3856370 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2700825 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 30CI, 2.50%, 9/20/2030<br>| AUD | &nbsp;&nbsp;&nbsp;&nbsp;6902467 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5058446 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 25CI, 3.00%, 9/20/2025<br>| AUD | &nbsp;&nbsp;&nbsp;&nbsp;8284536 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6022565 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23968810 |
| **BRAZIL — 7.5%** | **BRAZIL — 7.5%** | **BRAZIL — 7.5%** |  |
| Brazil Letras do Tesouro Nacional: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series NTNB, 6.00%, 8/15/2024<br>| BRL | &nbsp;&nbsp;32194091 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6041879 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series NTNB, 6.00%, 5/15/2025<br>| BRL | &nbsp;&nbsp;20566633 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3878760 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series NTNB, 6.00%, 8/15/2026<br>| BRL | &nbsp;&nbsp;19668090 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3700419 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series NTNB, 6.00%, 5/15/2027<br>| BRL | &nbsp;&nbsp;12779267 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2408676 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series NTNB, 6.00%, 8/15/2028<br>| BRL | &nbsp;&nbsp;&nbsp;11281697 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2122121 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series NTNB, 6.00%, 8/15/2030<br>| BRL | &nbsp;&nbsp;16333500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3088680 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 8/15/2032<br>| BRL | &nbsp;&nbsp;&nbsp;&nbsp;4991901 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;941133 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series NTNB, 6.00%, 5/15/2035<br>| BRL | &nbsp;&nbsp;17371814 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3270693 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series NTNB, 6.00%, 8/15/2040<br>| BRL | &nbsp;&nbsp;13657777 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2549058 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series NTNB, 6.00%, 5/15/2045<br>| BRL | &nbsp;&nbsp;15734472 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2919675 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series NTNB, 6.00%, 8/15/2050<br>| BRL | &nbsp;&nbsp;22363717 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4131359 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series NTNB, 6.00%, 5/15/2055<br>| BRL | &nbsp;&nbsp;14935768 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2761423 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 8/15/2060<br>| BRL | &nbsp;&nbsp;&nbsp;&nbsp;5790605 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1070950 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38884826 |
| **CANADA — 4.6%** | **CANADA — 4.6%** | **CANADA — 4.6%** |  |
| Canadian Government Real Return Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.25%, 12/1/2054<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;2064206 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1186163 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series CPI, 0.50%, 12/1/2050<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;4359760 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2728410 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series CPI, 1.25%, 12/1/2047<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;3305001 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2469719 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series CPI, 1.50%, 12/1/2044<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4256448 | &nbsp;&nbsp;&nbsp;&nbsp;$3310508 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series CPI, 2.00%, 12/1/2041<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4562384 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3796347 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series CPI, 3.00%, 12/1/2036<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3866818 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3485002 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series CPI, 4.00%, 12/1/2031<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4307585 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3872805 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series CPI, 4.25%, 12/1/2026<br>| CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3597874 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2928989 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23777943 |
| **CHILE — 4.9%** | **CHILE — 4.9%** | **CHILE — 4.9%** |  |
| Bonos de la Tesoreria de la Republica: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Zero Coupon, 3/1/2025<br>| CLP | &nbsp;&nbsp;&nbsp;&nbsp;1018218420 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1124069 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 10/1/2028<br>| CLP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;933014599 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;973840 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 10/1/2033<br>| CLP | &nbsp;&nbsp;&nbsp;&nbsp;1369328220 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1297499 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 3/1/2026<br>| CLP | &nbsp;&nbsp;&nbsp;&nbsp;5020870140 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5767791 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.90%, 9/1/2030<br>| CLP | &nbsp;&nbsp;&nbsp;&nbsp;2843989380 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3390849 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 3/1/2035<br>| CLP | &nbsp;&nbsp;&nbsp;&nbsp;3860488730 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4675169 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.10%, 7/15/2050<br>| CLP | &nbsp;&nbsp;&nbsp;&nbsp;1263995280 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1603559 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 30YR, 3.00%, 1/1/2044<br>| CLP | &nbsp;&nbsp;&nbsp;&nbsp;4581982890 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6577409 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25410185 |
| **COLOMBIA — 4.5%** | **COLOMBIA — 4.5%** | **COLOMBIA — 4.5%** |  |
| Colombian TES: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series UVR, 2.25%, 4/18/2029<br>| COP | &nbsp;&nbsp;12675159200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2155774 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series UVR, 3.00%, 3/25/2033<br>| COP | &nbsp;&nbsp;13786715250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2203102 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series UVR, 3.30%, 3/17/2027<br>| COP | &nbsp;&nbsp;21345079140 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4043755 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series UVR, 3.50%, 5/7/2025<br>| COP | &nbsp;&nbsp;17225284230 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3473153 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series UVR, 3.75%, 2/25/2037<br>| COP | &nbsp;&nbsp;26502932610 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4173570 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series UVR, 3.75%, 6/16/2049<br>| COP | &nbsp;&nbsp;17290162890 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2403444 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series UVR, 4.75%, 4/4/2035<br>| COP | &nbsp;&nbsp;27995141790 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4967792 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23420590 |
| **FRANCE — 7.9%** | **FRANCE — 7.9%** | **FRANCE — 7.9%** |  |
| French Republic Government Bond OAT: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series OATI, 0.10%, 3/1/2025<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2187935 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2352586 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series OATE, 0.10%, 3/1/2026 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2883658 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3044652 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series OATI, 0.10%, 3/1/2028<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3096048 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3304586 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series OATE, 0.10%, 3/1/2029<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1707181 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1766782 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR FTSE INTERNATIONAL GOVERNMENT INFLATION-PROTECTED BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series OATE, 0.10%, 7/25/2031 (a)<br>| EUR | &nbsp;&nbsp;1566559 | &nbsp;&nbsp;&nbsp;&nbsp;$1599014 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series OATI, 0.10%, 3/1/2032<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;706400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;742371 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series OATI, 0.10%, 3/1/2036 (a)<br>| EUR | &nbsp;&nbsp;1197433 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1208822 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series OATE, 0.10%, 7/25/2036 (a)<br>| EUR | &nbsp;&nbsp;3061346 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2925142 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.10%, 7/25/2038 (a)<br>| EUR | &nbsp;&nbsp;1129320 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1076423 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series OATE, 0.10%, 7/25/2047 (a)<br>| EUR | &nbsp;&nbsp;2339135 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2116482 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series OATE, 0.10%, 7/25/2053 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;932818 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;829492 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series OATE, 0.25%, 7/25/2024<br>| EUR | &nbsp;&nbsp;3527799 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3789891 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series OATE, 0.70%, 7/25/2030 (a)<br>| EUR | &nbsp;&nbsp;3262545 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3502493 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series OATE, 1.80%, 7/25/2040 (a)<br>| EUR | &nbsp;&nbsp;2415070 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2979828 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series OATE, 1.85%, 7/25/2027<br>| EUR | &nbsp;&nbsp;4177438 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4743704 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series OATE, 3.15%, 7/25/2032<br>| EUR | &nbsp;&nbsp;1780323 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2321290 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series OATI, 3.40%, 7/25/2029<br>| EUR | &nbsp;&nbsp;2049835 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2678164 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40981722 |
| **GERMANY — 4.5%** | **GERMANY — 4.5%** | **GERMANY — 4.5%** |  |
| Deutsche Bundesrepublik Inflation Linked Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series I/L, 0.10%, 4/15/2026<br>| EUR | &nbsp;&nbsp;6796859 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7184089 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series I/L, 0.10%, 4/15/2033<br>| EUR | &nbsp;&nbsp;2465355 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2575605 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series I/L, 0.10%, 4/15/2046<br>| EUR | &nbsp;&nbsp;4858519 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5089221 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series I/L, 0.50%, 4/15/2030<br>| EUR | &nbsp;&nbsp;8008253 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8646631 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23495546 |
| **ISRAEL — 4.4%** | **ISRAEL — 4.4%** | **ISRAEL — 4.4%** |  |
| Israel Government Bond - CPI Linked: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0726, 0.10%, 7/31/2026<br>| &nbsp;&nbsp;&nbsp;ILS | &nbsp;&nbsp;6259081 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1725376 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1131, 0.10%, 11/30/2031<br>| &nbsp;&nbsp;&nbsp;ILS | &nbsp;&nbsp;7230317 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1921827 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0529, 0.50%, 5/31/2029<br>| &nbsp;&nbsp;&nbsp;ILS | &nbsp;&nbsp;8956960 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2481334 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1151, 0.50%, 11/30/2051<br>| &nbsp;&nbsp;&nbsp;ILS | &nbsp;&nbsp;4420107 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1063980 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 1025, 0.75%, 10/31/2025<br>| &nbsp;&nbsp;&nbsp;ILS | &nbsp;&nbsp;8666923 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2447922 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0527, 0.75%, 5/31/2027<br>| &nbsp;&nbsp;&nbsp;ILS | &nbsp;&nbsp;8910287 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2509731 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0545, 1.00%, 5/31/2045<br>| &nbsp;&nbsp;&nbsp;ILS | &nbsp;&nbsp;8701871 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2421385 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0923, 1.75%, 9/29/2023<br>| &nbsp;&nbsp;&nbsp;ILS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3017632 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$862688 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0841, 2.75%, 8/30/2041<br>| &nbsp;&nbsp;&nbsp;ILS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7505956 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2747182 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0536, 4.00%, 5/30/2036<br>| &nbsp;&nbsp;&nbsp;ILS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7726920 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3031205 |
| Israel Government Bond - Galil Series 5904, 4.00%, 7/31/2024<br>| &nbsp;&nbsp;&nbsp;ILS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5994875 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1790505 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23003135 |
| **ITALY — 4.6%** | **ITALY — 4.6%** | **ITALY — 4.6%** |  |
| Italy Buoni Poliennali Del Tesoro: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series CPI, 0.10%, 5/15/2033 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1983768 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1650275 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series CPI, 0.15%, 5/15/2051 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1431566 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;873434 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series CPI, 0.40%, 5/15/2030 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2298600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2144766 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series CPI, 0.65%, 5/15/2026<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1609132 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1661016 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series CPI, 1.25%, 9/15/2032 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2559045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2467858 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series CPI, 1.30%, 5/15/2028 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2870085 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2958094 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series CPI, 2.35%, 9/15/2024 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2936602 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3226982 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series CPI, 2.35%, 9/15/2035 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3053860 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3211809 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series CPI, 2.55%, 9/15/2041 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2724466 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2945194 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series CPI, 3.10%, 9/15/2026 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2459960 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2785120 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23924548 |
| **JAPAN — 4.8%** | **JAPAN — 4.8%** | **JAPAN — 4.8%** |  |
| Japanese Government CPI Linked Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 26, 0.01%, 3/10/2031<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;260935000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2056629 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.01%, 3/10/2032<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;269453790 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2140049 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 18, 0.10%, 3/10/2024<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;155518800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1204866 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 19, 0.10%, 9/10/2024<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;358651800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2789680 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 20, 0.10%, 3/10/2025<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;582571000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4534689 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 21, 0.10%, 3/10/2026<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;419384628 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3301202 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 22, 0.10%, 3/10/2027<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;275646949 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2191784 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 23, 0.10%, 3/10/2028<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;369377700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2908214 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 24, 0.10%, 3/10/2029<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;428227475 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3374508 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR FTSE INTERNATIONAL GOVERNMENT INFLATION-PROTECTED BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 25, 0.20%, 3/10/2030<br>| &nbsp;&nbsp;JPY | &nbsp;&nbsp;96022500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$785304 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25286925 |
| **MEXICO — 4.7%** | **MEXICO — 4.7%** | **MEXICO — 4.7%** |  |
| Mexican Udibonos: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series S, 2.75%, 11/27/2031<br>| MXN | &nbsp;&nbsp;51221132 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2347936 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series S, 3.00%, 12/3/2026<br>| MXN | &nbsp;&nbsp;28286297 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1367107 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series S, 4.00%, 11/30/2028<br>| MXN | &nbsp;&nbsp;&nbsp;81800911 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4138350 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series S, 4.00%, 11/15/2040<br>| MXN | &nbsp;&nbsp;75310349 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3767054 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series S, 4.00%, 11/8/2046<br>| MXN | &nbsp;&nbsp;64982033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3237889 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series S, 4.00%, 11/3/2050<br>| MXN | &nbsp;&nbsp;73391469 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3621471 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series S, 4.50%, 12/4/2025<br>| MXN | &nbsp;&nbsp;54202660 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2765060 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series S, 4.50%, 11/22/2035<br>| MXN | &nbsp;&nbsp;60700863 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3204112 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24448979 |
| **NEW ZEALAND — 2.9%** | **NEW ZEALAND — 2.9%** | **NEW ZEALAND — 2.9%** |  |
| New Zealand Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0925, 2.00%, 9/20/2025<br>| NZD | &nbsp;&nbsp;&nbsp;&nbsp;3791308 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2426964 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0935, 2.50%, 9/20/2035<br>| NZD | &nbsp;&nbsp;&nbsp;&nbsp;9078170 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5855506 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0940, 2.50%, 9/20/2040<br>| NZD | &nbsp;&nbsp;&nbsp;&nbsp;5418688 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3481727 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 0930, 3.00%, 9/20/2030<br>| NZD | &nbsp;&nbsp;&nbsp;&nbsp;4998343 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3371755 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15135952 |
| **SOUTH AFRICA — 4.7%** | **SOUTH AFRICA — 4.7%** | **SOUTH AFRICA — 4.7%** |  |
| South Africa Government Bond - CPI Linked: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2029, 1.88%, 3/31/2029<br>| ZAR | &nbsp;&nbsp;31767410 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1635359 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2033, 1.88%, 2/28/2033<br>| ZAR | &nbsp;&nbsp;47681790 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2225574 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025, 2.00%, 1/31/2025<br>| ZAR | &nbsp;&nbsp;62509750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3575184 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2038, 2.25%, 1/31/2038<br>| ZAR | &nbsp;&nbsp;68917741 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3063556 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2046, 2.50%, 3/31/2046<br>| ZAR | &nbsp;&nbsp;70875515 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2976841 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2050, 2.50%, 12/31/2050<br>| ZAR | &nbsp;&nbsp;83524067 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3360736 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series R210, 2.60%, 3/31/2028<br>| ZAR | &nbsp;&nbsp;33814657 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1873924 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series R202, 3.45%, 12/7/2033<br>| ZAR | &nbsp;&nbsp;50135999 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2696003 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series R197, 5.50%, 12/7/2023<br>| &nbsp;&nbsp;ZAR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49927687 | &nbsp;&nbsp;&nbsp;&nbsp;$2979632 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24386809 |
| **SOUTH KOREA — 0.8%** | **SOUTH KOREA — 0.8%** | **SOUTH KOREA — 0.8%** |  |
| Inflation Linked Korea Treasury Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2606, 1.00%, 6/10/2026<br>| KRW | &nbsp;&nbsp;1606636200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1271517 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3006, 1.13%, 6/10/2030<br>| KRW | &nbsp;&nbsp;2090605500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1636743 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2806, 1.75%, 6/10/2028<br>| KRW | &nbsp;&nbsp;1716844400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1398278 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4306538 |
| **SPAIN — 4.6%** | **SPAIN — 4.6%** | **SPAIN — 4.6%** |  |
| Spain Government Inflation Linked Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.15%, 11/30/2023<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1940694 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2085724 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.65%, 11/30/2027 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4927711 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5193464 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.70%, 11/30/2033 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5642213 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5628796 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%, 11/30/2030 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5822817 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6158842 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.80%, 11/30/2024 (a)<br>| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4526031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4964594 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24031420 |
| **SWEDEN — 4.3%** | **SWEDEN — 4.3%** | **SWEDEN — 4.3%** |  |
| Sweden Inflation Linked Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3112, 0.13%, 6/1/2026 (a)<br>| &nbsp;&nbsp;SEK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44527071 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4311099 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3113, 0.13%, 12/1/2027 (a)<br>| &nbsp;&nbsp;SEK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35437542 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3394289 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3114, 0.13%, 6/1/2030 (a)<br>| &nbsp;&nbsp;SEK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27519971 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2598556 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3111, 0.13%, 6/1/2032 (a)<br>| &nbsp;&nbsp;SEK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28366864 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2680643 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3109, 1.00%, 6/1/2025 (a)<br>| &nbsp;&nbsp;SEK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46070480 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4565379 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3104, 3.50%, 12/1/2028 (a)<br>| &nbsp;&nbsp;SEK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44104461 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5047242 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22597208 |
| **TURKEY — 4.7%** | **TURKEY — 4.7%** | **TURKEY — 4.7%** |  |
| Turkey Government Bond: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series CPI, 0.01%, 2/11/2032<br>| &nbsp;&nbsp;TRY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21838694 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1680319 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series CPI, 0.01%, 8/4/2032<br>| &nbsp;&nbsp;TRY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11331437 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;892249 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 6/18/2025<br>| &nbsp;&nbsp;TRY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52763558 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3925084 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series CPI, 2.00%, 9/18/2024<br>| &nbsp;&nbsp;TRY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19926566 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1412972 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series CPI, 2.00%, 4/16/2025<br>| &nbsp;&nbsp;TRY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12025385 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;826821 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.36%, 1/29/2025<br>| &nbsp;&nbsp;TRY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13111442 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;947571 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series CPI, 2.40%, 5/8/2024<br>| &nbsp;&nbsp;TRY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11458560 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;767511 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR FTSE INTERNATIONAL GOVERNMENT INFLATION-PROTECTED BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series CPI, 2.70%, 1/14/2026<br>| TRY | &nbsp;&nbsp;30103280 | &nbsp;&nbsp;&nbsp;&nbsp;$2378299 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series CPI, 2.90%, 7/7/2027<br>| TRY | &nbsp;&nbsp;22701641 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1887288 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series CPI, 2.90%, 1/12/2028<br>| TRY | &nbsp;&nbsp;33592494 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2829462 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series CPI, 3.00%, 5/28/2031<br>| TRY | &nbsp;&nbsp;25377839 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2328256 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 11/6/2024<br>| TRY | &nbsp;&nbsp;&nbsp;&nbsp;7651957 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;564186 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series CPI, 3.30%, 6/28/2028<br>| TRY | &nbsp;&nbsp;28203430 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2279964 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10%, 6/5/2024<br>| TRY | &nbsp;&nbsp;&nbsp;&nbsp;9751114 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;663609 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series CPI, 4.20%, 1/10/2024<br>| TRY | &nbsp;&nbsp;16576215 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1072384 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24455975 |
| **UNITED KINGDOM — 20.4%** | **UNITED KINGDOM — 20.4%** | **UNITED KINGDOM — 20.4%** |  |
| United Kingdom Gilt Inflation Linked: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3MO, 0.13%, 3/22/2024<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;6508575 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7978790 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3MO, 0.13%, 3/22/2026<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;3107966 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3762134 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3MO, 0.13%, 8/10/2028<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;4983842 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5996064 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3MO, 0.13%, 3/22/2029<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;2323652 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2785373 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3MO, 0.13%, 8/10/2031<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;5030879 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6084931 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3MO, 0.13%, 11/22/2036<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;2190141 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2543455 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3MO, 0.13%, 3/22/2039<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;3958350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4516760 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3MO, 0.13%, 8/10/2041<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;6386272 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7223956 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3MO, 0.13%, 3/22/2044<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;2606037 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2881255 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3MO, 0.13%, 3/22/2046<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;2968440 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3234723 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3MO, 0.13%, 8/10/2048<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;2577528 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2774690 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3MO, 0.13%, 3/22/2051<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;1633730 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1751595 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3MO, 0.13%, 11/22/2056<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;1632596 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1751526 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3MO, 0.13%, 3/22/2058<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;2288096 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2459003 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3MO, 0.13%, 11/22/2065<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;1844987 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2036296 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3MO, 0.13%, 3/22/2068<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;2779532 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3037408 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3MO, 0.25%, 3/22/2052<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;2573288 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2866213 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3MO, 0.38%, 3/22/2062<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;3056211 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3617659 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3MO, 0.50%, 3/22/2050<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;3085559 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3666211 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Security Description** |  | &nbsp;&nbsp;**Principal <br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3MO, 0.63%, 3/22/2040<br>| GBP | &nbsp;&nbsp;2630096 | &nbsp;&nbsp;&nbsp;&nbsp;$3249717 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3MO, 0.63%, 11/22/2042<br>| GBP | &nbsp;&nbsp;1641737 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2033545 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3MO, 0.75%, 3/22/2034<br>| GBP | &nbsp;&nbsp;3853058 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4868238 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3MO, 0.75%, 11/22/2047<br>| GBP | &nbsp;&nbsp;2252740 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2824727 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3MO, 1.13%, 11/22/2037<br>| GBP | &nbsp;&nbsp;&nbsp;2411102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3186071 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3MO, 1.25%, 11/22/2027<br>| GBP | &nbsp;&nbsp;3759735 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4778021 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3MO, 1.25%, 11/22/2032<br>| GBP | &nbsp;&nbsp;3176607 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4233354 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 3MO, 1.25%, 11/22/2055<br>| GBP | &nbsp;&nbsp;2555530 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3786509 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 8MO, 2.00%, 1/26/2035<br>| GBP | &nbsp;&nbsp;1244707 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1863388 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 8MO, 2.50%, 7/17/2024<br>| GBP | &nbsp;&nbsp;1466884 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1944060 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 8MO, 4.13%, 7/22/2030<br>| GBP | &nbsp;&nbsp;&nbsp;&nbsp;748557 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1220748 |
| United Kingdom Inflation-Linked Gilt Series 3MO, 0.13%, 3/22/2073<br>| GBP | &nbsp;&nbsp;1154390 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1327239 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;106283659 |
| **TOTAL FOREIGN GOVERNMENT OBLIGATIONS<br>(Cost $603,745,086)<br>**  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;517800770 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** |  |
| **SHORT-TERM INVESTMENT — 0.1%** | **SHORT-TERM INVESTMENT — 0.1%** |  |
| State Street Institutional U.S. Government Money Market Fund, Class G Shares 4.16% (b)(c)<br>(Cost $367,253) | 367253 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;367253 |
| **TOTAL INVESTMENTS — 99.5%<br>(Cost $604,112,339)<br>** | **TOTAL INVESTMENTS — 99.5%<br>(Cost $604,112,339)<br>** | &nbsp;&nbsp;&nbsp;518168023 |
| **OTHER ASSETS IN EXCESS OF<br>LIABILITIES — 0.5% <br>** | **OTHER ASSETS IN EXCESS OF<br>LIABILITIES — 0.5% <br>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2606733 |
| **NET ASSETS — 100.0% <br>** | **NET ASSETS — 100.0% <br>** | $520774756 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR FTSE INTERNATIONAL GOVERNMENT INFLATION-PROTECTED BOND ETF

#### SCHEDULE OF INVESTMENTS (continued)

#### December 31, 2022

------

(a) Securities
 purchased pursuant to Rule 144A of the Securities Act of 1933, as amended. These securities, which represent 16.5% of net assets as of December 31, 2022, are considered liquid and may be resold in transactions exempt from registration, normally to
qualified institutional buyers.

(b) The
 Fund invested in certain money market funds managed by SSGA Funds Management, Inc. Amounts related to these transactions during the period ended December 31, 2022 are shown in the Affiliate Table below.

(c) The
 rate shown is the annualized seven-day yield at December 31, 2022.

AUD Australian Dollar <br> BRL Brazilian Real <br> CAD Canadian Dollar

---

| | |
|:---|:---|
| CLP | Chilean Peso |
| COP | Colombian Peso |
| EUR | Euro |
| GBP | British Pound |
| ILS | Israeli New Shekel |
| JPY | Japanese Yen |
| KRW | South Korean Won |
| MXN | Mexican Peso |
| NZD | New Zealand Dollar |
| SEK | Swedish Krona |
| TRY | Turkish New Lira |
| ZAR | South African Rand |

---

The following table summarizes the value of the Fund's investments according to the fair value hierarchy as of December 31, 2022.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Level 1 –<br> Quoted Prices** | **Level 2 –<br> Other Significant<br> Observable Inputs** | **Level 3 –<br> Significant<br> Unobservable Inputs** | **Total** |
| **ASSETS:** |  |  |  |  |
| **INVESTMENTS:** |  |  |  |  |
| Foreign Government Obligations<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | $517800770 | $— | $517800770 |
| Short-Term Investment<br>| &nbsp;&nbsp;367253 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;367253 |
| **TOTAL INVESTMENTS<br>**  | $367253 | $517800770 | $— | $518168023 |

---

#### Affiliate Table

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Number of<br> Shares Held<br> at<br> 12/31/21** | **Value at<br>12/31/21** | **Cost of<br> Purchases** | **Proceeds <br> from<br> Shares Sold** | **Realized <br> Gain (Loss)** | **Change in<br> Unrealized<br> Appreciation/<br> Depreciation** | **Number of<br> Shares Held<br> at<br> 12/31/22** | **Value at<br>12/31/22** | **Dividend <br> Income** |
| State Street Institutional U.S. Government Money Market Fund, Class G Shares<br>| 636650 | $636650 | $141545932 | $141815329 | $— | $— | 367253 | $367253 | $14998 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR SERIES TRUST

#### STATEMENTS OF ASSETS AND LIABILITIES

#### December 31, 2022

------

---

| | | |
|:---|:---|:---|
|  | **SPDR Bloomberg Emerging Markets Local Bond ETF** | **SPDR Bloomberg International Corporate Bond ETF** |
| **ASSETS** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Investments in unaffiliated issuers, at value\*<br>| &nbsp;&nbsp;&nbsp;&nbsp;$2106035622 | $137726064 |
| &nbsp;&nbsp;&nbsp;&nbsp; Investments in affiliated issuers, at value<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43505616 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8861440 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments<br>| &nbsp;&nbsp;&nbsp;2149541238 | &nbsp;&nbsp;&nbsp;146587504 |
| &nbsp;&nbsp;&nbsp;&nbsp; Foreign currency, at value<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14083223 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;912876 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net cash at broker<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp; Cash<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp; Receivable for investments sold<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3917480 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;262675 |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized appreciation on forward foreign currency exchange contracts<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;855320 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp; Dividends receivable — affiliated issuers<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12759 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1617 |
| &nbsp;&nbsp;&nbsp;&nbsp; Interest receivable — unaffiliated issuers<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32163789 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1330473 |
| &nbsp;&nbsp;&nbsp;&nbsp; Securities lending income receivable — unaffiliated issuers<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;790 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp; Securities lending income receivable — affiliated issuers <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19563 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3211 |
| &nbsp;&nbsp;&nbsp;&nbsp; Receivable for foreign taxes recoverable<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;381620 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1722 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **TOTAL ASSETS <br>**  | &nbsp;&nbsp;&nbsp;2201235782 | &nbsp;&nbsp;&nbsp;149100078 |
| **LIABILITIES** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Due to custodian<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;479632 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp; Payable upon return of securities loaned<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36893506 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8734973 |
| &nbsp;&nbsp;&nbsp;&nbsp; Payable for investments purchased<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10871501 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;201399 |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized depreciation on forward foreign currency exchange contracts<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;784815 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp; Deferred foreign taxes payable<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177677 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp; Advisory fee payable<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;544246 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58354 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **TOTAL LIABILITIES <br>**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49751377 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8994726 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **NET ASSETS <br>**  | $2151484405 | $140105352 |
| **NET ASSETS CONSIST OF:** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Paid-in Capital<br>| $2451234357 | $168066990 |
| &nbsp;&nbsp;&nbsp;&nbsp; Total distributable earnings (loss)\*\*<br>| &nbsp;&nbsp;&nbsp;&nbsp;(299749952) | &nbsp;&nbsp;&nbsp;&nbsp;(27961638) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **NET ASSETS <br>**  | $2151484405 | $140105352 |
| **NET ASSET VALUE PER SHARE** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net asset value per share<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$20.49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$27.47 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares outstanding (unlimited amount authorized, $0.01 par value)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5100000 |
| **COST OF INVESTMENTS:** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Investments in unaffiliated issuers<br>| &nbsp;&nbsp;&nbsp;&nbsp;$2293391002 | $164813136 |
| &nbsp;&nbsp;&nbsp;&nbsp; Investments in affiliated issuers<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43505616 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8861440 |
| &nbsp;&nbsp;&nbsp;&nbsp; Total cost of investments<br>| $2336896618 | $173674576 |
| &nbsp;&nbsp;&nbsp;&nbsp; Foreign currency, at cost<br>| &nbsp;&nbsp;&nbsp;&nbsp;$14153354 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$898153 |
| &nbsp;&nbsp;&nbsp;&nbsp; \* Includes investments in securities on loan, at value<br>| &nbsp;&nbsp;&nbsp;&nbsp;$35830780 | &nbsp;&nbsp;&nbsp;&nbsp;$8535613 |
| &nbsp;&nbsp;&nbsp;&nbsp; \*\* Includes deferred foreign taxes<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$177678 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

------

---

| | | |
|:---|:---|:---|
| **SPDR Bloomberg International Treasury Bond ETF** | &nbsp;&nbsp;**SPDR Bloomberg Short Term International Treasury Bond ETF** | &nbsp;&nbsp;**SPDR FTSE International Government Inflation-Protected Bond ETF** |
| &nbsp;&nbsp;&nbsp;$1107147072 | &nbsp;&nbsp;&nbsp;&nbsp;$143884799 | &nbsp;&nbsp;$517800770 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;311474 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;367253 |
| &nbsp;&nbsp;1107458546 | &nbsp;&nbsp;&nbsp;&nbsp;143884799 | &nbsp;&nbsp;&nbsp;&nbsp;518168023 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;834026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;321272 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1278691 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23013 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;808 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7575881 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5804930 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;449631 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2867 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;397 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4358 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7900308 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;900407 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2808235 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;463632 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142865 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;1125513951 | &nbsp;&nbsp;&nbsp;&nbsp;151077683 | &nbsp;&nbsp;&nbsp;&nbsp;521431055 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;431393 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9738062 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5798618 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84855 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1927 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;324941 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42843 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;222979 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10147858 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5841461 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;656299 |
| $1115366093 | &nbsp;&nbsp;$145236222 | &nbsp;&nbsp;$520774756 |
| $1313736330 | &nbsp;&nbsp;$159135226 | &nbsp;&nbsp;$631967919 |
| &nbsp;&nbsp;&nbsp;&nbsp;(198370237) | &nbsp;&nbsp;&nbsp;&nbsp;(13899004) | &nbsp;&nbsp;&nbsp;&nbsp;(111193163) |
| $1115366093 | &nbsp;&nbsp;$145236222 | &nbsp;&nbsp;$520774756 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$22.35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$26.90 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$41.33 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49900038 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12600483 |
| &nbsp;&nbsp;&nbsp;$1294255248 | &nbsp;&nbsp;&nbsp;&nbsp;$155076153 | &nbsp;&nbsp;$603745086 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;311474 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;367253 |
| $1294566722 | &nbsp;&nbsp;$155076153 | &nbsp;&nbsp;$604112339 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$826519 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$327353 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$84855 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |

---

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR SERIES TRUST

#### STATEMENTS OF OPERATIONS

#### For the Year Ended December 31, 2022

------

---

| | | |
|:---|:---|:---|
|  | **SPDR Bloomberg Emerging Markets Local Bond ETF** | **SPDR Bloomberg International Corporate Bond ETF** |
| **INVESTMENT INCOME** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Interest income — unaffiliated issuers<br>| &nbsp;&nbsp;&nbsp;&nbsp;$106510272 | &nbsp;&nbsp;&nbsp;$1504127 |
| &nbsp;&nbsp;&nbsp;&nbsp; Dividend income — affiliated issuers<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99376 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4740 |
| &nbsp;&nbsp;&nbsp;&nbsp; Unaffiliated securities lending income<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;788 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp; Affiliated securities lending income<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;113699 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14843 |
| &nbsp;&nbsp;&nbsp;&nbsp; Foreign taxes withheld<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2440027) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp; **TOTAL INVESTMENT INCOME (LOSS)<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;104284108 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1523710 |
| **EXPENSES** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Advisory fee<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5432080 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;592501 |
| &nbsp;&nbsp;&nbsp;&nbsp; Trustees' fees and expenses <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18181 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1336 |
| &nbsp;&nbsp;&nbsp;&nbsp; Miscellaneous expenses<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74078 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5097 |
| &nbsp;&nbsp;&nbsp;&nbsp; **TOTAL EXPENSES<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5524339 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;598934 |
| &nbsp;&nbsp;&nbsp;&nbsp; **NET INVESTMENT INCOME (LOSS)<br>**  | &nbsp;&nbsp;&nbsp;$98759769 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$924776 |
| **REALIZED AND UNREALIZED GAIN (LOSS)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investments — unaffiliated issuers\*<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(172613258) | &nbsp;&nbsp;&nbsp;&nbsp;(2882086) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; In-kind redemptions — unaffiliated issuers<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11048273) | &nbsp;&nbsp;&nbsp;&nbsp;(1281874) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Forward foreign currency exchange contracts<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1592412 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign currency transactions<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15815725) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(421426) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net realized gain (loss)<br>| &nbsp;&nbsp;&nbsp;(197884844) | &nbsp;&nbsp;&nbsp;&nbsp;(4585386) |
| &nbsp;&nbsp;&nbsp;&nbsp;Net change in unrealized appreciation/depreciation on: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investments — unaffiliated issuers\*\*<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(76779322) | &nbsp;&nbsp;&nbsp;(23281127) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Forward foreign currency exchange contracts<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64389 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign currency translations<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;681715 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87606 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net change in unrealized appreciation/depreciation<br>| &nbsp;&nbsp;&nbsp;&nbsp;(76033218) | &nbsp;&nbsp;&nbsp;(23193521) |
| &nbsp;&nbsp;&nbsp;&nbsp; **NET REALIZED AND UNREALIZED GAIN (LOSS)<br>**  | &nbsp;&nbsp;&nbsp;(273918062) | &nbsp;&nbsp;&nbsp;(27778907) |
|  **NET INCREASE (DECREASE) IN NET ASSETS FROM OPERATIONS<br>**  | $(175158293) | $(26854131) |
| &nbsp;&nbsp;&nbsp;&nbsp; \* Includes foreign capital gain taxes<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(34749) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;&nbsp; \*\* Includes foreign deferred taxes<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(177678) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

------

---

| | | |
|:---|:---|:---|
| **SPDR Bloomberg International Treasury Bond ETF** | &nbsp;&nbsp;**SPDR Bloomberg Short Term International Treasury Bond ETF** | &nbsp;&nbsp;**SPDR FTSE International Government Inflation-Protected Bond ETF** |
| &nbsp;&nbsp;&nbsp;$15784311 | &nbsp;&nbsp;&nbsp;&nbsp;$1322664 | &nbsp;&nbsp;&nbsp;$54306260 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15738 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1307 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14998 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(294122) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(39431) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(73885) |
| &nbsp;&nbsp;&nbsp;&nbsp;15505927 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1284540 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54247373 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3043048 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;559681 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2425513 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9316 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1371 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5152 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36079 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7143 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20781 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3088443 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;568195 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2451446 |
| &nbsp;&nbsp;&nbsp;$12417484 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$716345 | &nbsp;&nbsp;&nbsp;$51795927 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(23903159) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(12219291) | &nbsp;&nbsp;&nbsp;&nbsp;(40685824) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6344133) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2664311) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1322058 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2864438) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(368924) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1811492) |
| &nbsp;&nbsp;&nbsp;&nbsp;(33111730) | &nbsp;&nbsp;&nbsp;&nbsp;(15252526) | &nbsp;&nbsp;&nbsp;&nbsp;(41175258) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(155328025) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6751562) | &nbsp;&nbsp;&nbsp;&nbsp;(97495988) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;293954 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34926 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59806 |
| &nbsp;&nbsp;(155034071) | &nbsp;&nbsp;&nbsp;&nbsp;(6716636) | &nbsp;&nbsp;&nbsp;&nbsp;(97436182) |
| &nbsp;&nbsp;(188145801) | &nbsp;&nbsp;&nbsp;&nbsp;(21969162) | &nbsp;&nbsp;&nbsp;&nbsp;(138611440) |
| $(175728317) | &nbsp;&nbsp;$(21252817) | &nbsp;&nbsp;$(86815513) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(15995) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$71 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(84855) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |

---

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR SERIES TRUST

#### STATEMENTS OF CHANGES IN NET ASSETS

------

---

| | | |
|:---|:---|:---|
|  | **SPDR Bloomberg Emerging Markets Local Bond ETF** | **SPDR Bloomberg Emerging Markets Local Bond ETF** |
|  | **Year Ended<br> 12/31/22** | **Year Ended<br> 12/31/21** |
| **INCREASE (DECREASE) IN NET ASSETS FROM OPERATIONS:** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net investment income (loss)<br>| &nbsp;&nbsp;&nbsp;&nbsp;$98759769 | &nbsp;&nbsp;&nbsp;&nbsp;$48111753 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net realized gain (loss)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(197884844) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(19437230) |
| &nbsp;&nbsp;&nbsp;&nbsp; Net change in unrealized appreciation/depreciation<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(76033218) | &nbsp;&nbsp;&nbsp;&nbsp;(153701691) |
| &nbsp;&nbsp;&nbsp;&nbsp; **Net increase (decrease) in net assets resulting from operations<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;(175158293) | &nbsp;&nbsp;&nbsp;&nbsp;(125027168) |
| &nbsp;&nbsp;&nbsp;&nbsp; Distributions to shareholders<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3714999) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(39014812) |
| &nbsp;&nbsp;&nbsp;&nbsp; Return of capital<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(86940908) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6269073) |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Distributions to shareholders <br>**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(90655907) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(45283885) |
| **FROM BENEFICIAL INTEREST TRANSACTIONS:** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Proceeds from shares sold<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1604488801 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;434698879 |
| &nbsp;&nbsp;&nbsp;&nbsp; Cost of shares redeemed<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(370867980) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(99044429) |
| &nbsp;&nbsp;&nbsp;&nbsp; Other Capital<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3574214 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;782719 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Net increase (decrease) in net assets from beneficial interest transactions <br>**  | &nbsp;&nbsp;&nbsp;1237195035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;336437169 |
| &nbsp;&nbsp;&nbsp;&nbsp; Contribution from Affiliate (Note 4)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;534103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp; Net increase (decrease) in net assets during the period<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;971914938 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;166126116 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net assets at beginning of period<br>| &nbsp;&nbsp;&nbsp;1179569467 | &nbsp;&nbsp;&nbsp;1013443351 |
|  **NET ASSETS AT END OF PERIOD<br>**  | $2151484405 | $1179569467 |
| **SHARES OF BENEFICIAL INTEREST:** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares sold<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16200000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares redeemed<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(18000000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4000000) |
| &nbsp;&nbsp;&nbsp;&nbsp; **Net increase (decrease) from share transactions<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12200000 |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

------

---

| | | | |
|:---|:---|:---|:---|
| **SPDR Bloomberg International Corporate Bond ETF** | **SPDR Bloomberg International Corporate Bond ETF** | &nbsp;&nbsp;**SPDR Bloomberg International Treasury Bond ETF** | &nbsp;&nbsp;**SPDR Bloomberg International Treasury Bond ETF** |
| **Year Ended<br> 12/31/22** | &nbsp;&nbsp;**Year Ended<br> 12/31/21** | &nbsp;&nbsp;**Year Ended<br> 12/31/22** | &nbsp;&nbsp;**Year Ended<br> 12/31/21** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$924776 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$684532 | &nbsp;&nbsp;&nbsp;&nbsp;$12417484 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9467164 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4585386) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4249086 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(33111730) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4314448) |
| &nbsp;&nbsp;&nbsp;(23193521) | &nbsp;&nbsp;&nbsp;&nbsp;(23496804) | &nbsp;&nbsp;&nbsp;&nbsp;(155034071) | &nbsp;&nbsp;&nbsp;&nbsp;(102758112) |
| &nbsp;&nbsp;&nbsp;(26854131) | &nbsp;&nbsp;&nbsp;&nbsp;(18563186) | &nbsp;&nbsp;&nbsp;&nbsp;(175728317) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(97605396) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(628666) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(716688) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10363828) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8885986) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(628666) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(716688) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10363828) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8885986) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35563928 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11048448 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;471484457 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;198759981 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(19639302) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(100711744) | &nbsp;&nbsp;&nbsp;&nbsp;(121779953) | &nbsp;&nbsp;&nbsp;&nbsp;(152553253) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22126 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38452 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175444 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;316263 |
| &nbsp;&nbsp;&nbsp;&nbsp;15946752 | &nbsp;&nbsp;&nbsp;&nbsp;(89624844) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;349879948 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46522991 |
| &nbsp;&nbsp;&nbsp;(11536045) | &nbsp;&nbsp;&nbsp;&nbsp;(108904718) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;163787803 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(59968391) |
| &nbsp;&nbsp;151641397 | &nbsp;&nbsp;&nbsp;&nbsp;260546115 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;951578290 | &nbsp;&nbsp;&nbsp;&nbsp;1011546681 |
| $140105352 | &nbsp;&nbsp;$151641397 | &nbsp;&nbsp;$1115366093 | &nbsp;&nbsp;&nbsp;$951578290 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6600000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(600000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2800000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4500000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5200000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2500000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1400000 |

---

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR SERIES TRUST

#### STATEMENTS OF CHANGES IN NET ASSETS (continued)

------

---

| | | |
|:---|:---|:---|
|  | **SPDR Bloomberg Short Term International Treasury Bond ETF** | **SPDR Bloomberg Short Term International Treasury Bond ETF** |
|  | **Year Ended<br> 12/31/22** | **Year Ended<br> 12/31/21** |
| **INCREASE (DECREASE) IN NET ASSETS FROM OPERATIONS:** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net investment income (loss)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$716345 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(185511) |
| &nbsp;&nbsp;&nbsp;&nbsp; Net realized gain (loss)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15252526) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2521922 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net change in unrealized appreciation/depreciation<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6716636) | &nbsp;&nbsp;&nbsp;&nbsp;(18112708) |
| &nbsp;&nbsp;&nbsp;&nbsp; **Net increase (decrease) in net assets resulting from operations<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;(21252817) | &nbsp;&nbsp;&nbsp;&nbsp;(15776297) |
| &nbsp;&nbsp;&nbsp;&nbsp; Distributions to shareholders<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(665086) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1221564) |
| &nbsp;&nbsp;&nbsp;&nbsp; Return of capital<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Distributions to shareholders <br>**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(665086) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1221564) |
| **FROM BENEFICIAL INTEREST TRANSACTIONS:** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Proceeds from shares sold<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18163682 | &nbsp;&nbsp;&nbsp;&nbsp;45229410 |
| &nbsp;&nbsp;&nbsp;&nbsp; Cost of shares redeemed<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(21099179) | &nbsp;&nbsp;&nbsp;&nbsp;(71606306) |
| &nbsp;&nbsp;&nbsp;&nbsp; Other Capital<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(46964) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79744 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Net increase (decrease) in net assets from beneficial interest transactions <br>**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2982461) | &nbsp;&nbsp;&nbsp;&nbsp;(26297152) |
| &nbsp;&nbsp;&nbsp;&nbsp; Contribution from Affiliate (Note 4)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2298 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp; Net increase (decrease) in net assets during the period<br>| &nbsp;&nbsp;&nbsp;&nbsp;(24898066) | &nbsp;&nbsp;&nbsp;&nbsp;(43295013) |
| &nbsp;&nbsp;&nbsp;&nbsp; Net assets at beginning of period<br>| &nbsp;&nbsp;&nbsp;170134288 | &nbsp;&nbsp;&nbsp;213429301 |
|  **NET ASSETS AT END OF PERIOD<br>**  | $145236222 | $170134288 |
| **SHARES OF BENEFICIAL INTEREST:** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares sold<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1400000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Shares redeemed<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(800000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2300000) |
| &nbsp;&nbsp;&nbsp;&nbsp; **Net increase (decrease) from share transactions<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(200000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(900000) |

---

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

------

---

| | |
|:---|:---|
| **SPDR FTSE International Government Inflation-Protected Bond ETF** | **SPDR FTSE International Government Inflation-Protected Bond ETF** |
| **Year Ended<br> 12/31/22** | &nbsp;&nbsp;**Year Ended<br> 12/31/21** |
| &nbsp;&nbsp;&nbsp;$51795927 | &nbsp;&nbsp;&nbsp;&nbsp;$19310847 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(41175258) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66637 |
| &nbsp;&nbsp;&nbsp;(97436182) | &nbsp;&nbsp;&nbsp;&nbsp;(35046104) |
| &nbsp;&nbsp;&nbsp;(86815513) | &nbsp;&nbsp;&nbsp;&nbsp;(15668620) |
| &nbsp;&nbsp;&nbsp;(37295303) | &nbsp;&nbsp;&nbsp;&nbsp;(19115383) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11096490) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;(48391793) | &nbsp;&nbsp;&nbsp;&nbsp;(19115383) |
| &nbsp;&nbsp;&nbsp;&nbsp;237160404 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;129824774 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(34725536) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(22699668) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;267829 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;168959 |
| &nbsp;&nbsp;202702697 | &nbsp;&nbsp;&nbsp;&nbsp;107294065 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51944 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;67547335 | &nbsp;&nbsp;&nbsp;&nbsp;72510062 |
| &nbsp;&nbsp;453227421 | &nbsp;&nbsp;&nbsp;&nbsp;380717359 |
| $520774756 | &nbsp;&nbsp;$453227421 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4900000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2300000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(700000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(400000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1900000 |

---

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR SERIES TRUST

#### FINANCIAL HIGHLIGHTS

#### Selected data for a share outstanding throughout each period

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**SPDR Bloomberg Emerging Markets Local Bond ETF** | &nbsp;&nbsp;**SPDR Bloomberg Emerging Markets Local Bond ETF** | &nbsp;&nbsp;**SPDR Bloomberg Emerging Markets Local Bond ETF** | &nbsp;&nbsp;**SPDR Bloomberg Emerging Markets Local Bond ETF** | &nbsp;&nbsp;**SPDR Bloomberg Emerging Markets Local Bond ETF** | &nbsp;&nbsp;**SPDR Bloomberg Emerging Markets Local Bond ETF** |
|  | &nbsp;&nbsp;**Year Ended<br> 12/31/22** | &nbsp;&nbsp;**Year Ended<br> 12/31/21** | &nbsp;&nbsp;**Year Ended<br> 12/31/20** | &nbsp;&nbsp;**Six-month Period<br> Ended<br> 12/31/19(a)** | &nbsp;&nbsp;**Year Ended<br> 6/30/19** | &nbsp;&nbsp;**Year Ended<br> 6/30/18** |
| **Net asset value, beginning of period<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$24.37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$28.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$27.83 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$27.76 | &nbsp;&nbsp;&nbsp;$27.08 | &nbsp;&nbsp;&nbsp;$28.99 |
| **Income (loss) from investment operations:** |  |  |  |  |  |  |
| Net investment income (loss) (b)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.13 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.01 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.13 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.65 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.41 |
| Net realized and unrealized gain (loss) (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4.08) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3.72) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.05 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.15 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.28) |
| Total from investment operations<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.95) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.71) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.18 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.80 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.96 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.87) |
| Contribution from Affiliate (Note 4)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.01 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.01 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Other capital (b)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.04 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.02 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.02 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.01 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.02 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.06 |
| **Distributions to shareholders from:** |  |  |  |  |  |  |
| Net investment income<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.04) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.81) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.22) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.07) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.79) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.67) |
| Return of Capital<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.94) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.13) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.81) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.67) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.52) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.43) |
| Total distributions<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.98) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.94) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.03) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.74) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.31) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.10) |
| **Net asset value, end of period<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$20.49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$24.37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$28.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$27.83 | &nbsp;&nbsp;&nbsp;$27.76 | &nbsp;&nbsp;&nbsp;$27.08 |
| **Total return (d)<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11.89)%(e) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9.74)% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.59% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.94% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.70%(f) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3.03)% |
| **Ratios and Supplemental Data:** |  |  |  |  |  |  |
| Net assets, end of period (in 000s)<br>| &nbsp;&nbsp;$2151484 | &nbsp;&nbsp;$1179569 | &nbsp;&nbsp;$1013443 | &nbsp;&nbsp;$1015629 | &nbsp;&nbsp;$810738 | &nbsp;&nbsp;$519933 |
| **Ratios to average net assets:** |  |  |  |  |  |  |
| Total expenses<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.31% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.30% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.30% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.30%(g) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.39% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.41% |
| Net expenses<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.31% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.30% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.30% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.30%(g) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.38% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.41% |
| Net investment income (loss)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.45% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.86% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.26% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.69%(g) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.68% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.81% |
| Portfolio turnover rate (h)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18%(i) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83% |

---

(a) Effective November 12, 2019,
the Board of Trustees approved a change in fiscal year end for the Fund from June 30 to December 31.

(b) Per share
numbers have been calculated using average shares outstanding, which more appropriately presents the per share data for the year.

(c) Amounts
shown in this caption for a share outstanding may not accord with the change in aggregate gains and losses in securities for the fiscal period because of the timing of sales and repurchases of Fund shares in relation to fluctuating market values for
the Fund.

(d) Total
return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net
asset value per share on the respective payment dates of each distribution. Total returns for periods of less than one year are not annualized. Broker commission charges are not included in this calculation.

(e) If an
Affiliate had not made a contribution during the year ended December 31, 2022, the total return would have been (11.93)%.

(f) If an
Affiliate had not made a contribution during the year ended June 30, 2019, the total return would have been 7.66%.

(g) Annualized.

(h) Portfolio
turnover rate excludes securities received or delivered from in-kind processing of creations or redemptions.

(i) Not
annualized.

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR SERIES TRUST

#### FINANCIAL HIGHLIGHTS (continued)

#### Selected data for a share outstanding throughout each period

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**SPDR Bloomberg International Corporate Bond ETF** | &nbsp;&nbsp;**SPDR Bloomberg International Corporate Bond ETF** | &nbsp;&nbsp;**SPDR Bloomberg International Corporate Bond ETF** | &nbsp;&nbsp;**SPDR Bloomberg International Corporate Bond ETF** | &nbsp;&nbsp;**SPDR Bloomberg International Corporate Bond ETF** | &nbsp;&nbsp;**SPDR Bloomberg International Corporate Bond ETF** |
|  | &nbsp;&nbsp;**Year Ended<br> 12/31/22** | &nbsp;&nbsp;**Year Ended<br> 12/31/21** | &nbsp;&nbsp;**Year Ended<br> 12/31/20** | &nbsp;&nbsp;**Six-month Period<br> Ended<br> 12/31/19(a)** | &nbsp;&nbsp;**Year Ended<br> 6/30/19** | &nbsp;&nbsp;**Year Ended<br> 6/30/18** |
| **Net asset value, beginning of period<br>**  | &nbsp;&nbsp;&nbsp;$34.46 | &nbsp;&nbsp;&nbsp;$37.76 | &nbsp;&nbsp;&nbsp;$33.98 | &nbsp;&nbsp;&nbsp;$34.15 | &nbsp;&nbsp;&nbsp;$33.87 | &nbsp;&nbsp;&nbsp;$33.17 |
| **Income (loss) from investment operations:** |  |  |  |  |  |  |
| Net investment income (loss) (b)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.12 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.18 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.14 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25 |
| Net realized and unrealized gain (loss) (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7.08) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3.30) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.74 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.20) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.63 |
| Total from investment operations<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6.85) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3.18) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.92 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.06) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.88 |
| Other capital (b)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.01 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.01 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.02 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.02 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00(d) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.04 |
| **Distributions to shareholders from:** |  |  |  |  |  |  |
| Net investment income<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.15) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.13) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.04) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.10) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.22) |
| Return of Capital<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.12) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.03) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.24) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Total distributions<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.15) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.13) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.16) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.13) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.24) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.22) |
| **Net asset value, end of period<br>**  | &nbsp;&nbsp;&nbsp;$27.47 | &nbsp;&nbsp;&nbsp;$34.46 | &nbsp;&nbsp;&nbsp;$37.76 | &nbsp;&nbsp;&nbsp;$33.98 | &nbsp;&nbsp;&nbsp;$34.15 | &nbsp;&nbsp;&nbsp;$33.87 |
| **Total return (e)<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(19.86)% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8.41)% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.69% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.15)% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.59% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.71% |
| **Ratios and Supplemental Data:** |  |  |  |  |  |  |
| Net assets, end of period (in 000s)<br>| &nbsp;&nbsp;$140105 | &nbsp;&nbsp;$151641 | &nbsp;&nbsp;$260546 | &nbsp;&nbsp;$190273 | &nbsp;&nbsp;$167358 | &nbsp;&nbsp;$230286 |
| **Ratios to average net assets:** |  |  |  |  |  |  |
| Total expenses<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.51% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50%(f) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.51% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50% |
| Net investment income (loss)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.78% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.32% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.54% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.81%(f) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.88% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.72% |
| Portfolio turnover rate (g)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5%(h) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23% |

---

(a) Effective November 12, 2019,
the Board of Trustees approved a change in fiscal year end for the Fund from June 30 to December 31.

(b) Per share
numbers have been calculated using average shares outstanding, which more appropriately presents the per share data for the year.

(c) Amounts
shown in this caption for a share outstanding may not accord with the change in aggregate gains and losses in securities for the fiscal period because of the timing of sales and repurchases of Fund shares in relation to fluctuating market values for
the Fund.

(d) Amount is
less than $0.005 per share.

(e) Total
return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net
asset value per share on the respective payment dates of each distribution. Total returns for periods of less than one year are not annualized. Broker commission charges are not included in this calculation.

(f) Annualized.

(g) Portfolio
turnover rate excludes securities received or delivered from in-kind processing of creations or redemptions.

(h) Not
annualized.

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR SERIES TRUST

#### FINANCIAL HIGHLIGHTS (continued)

#### Selected data for a share outstanding throughout each period

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**SPDR Bloomberg International Treasury Bond ETF** | &nbsp;&nbsp;**SPDR Bloomberg International Treasury Bond ETF** | &nbsp;&nbsp;**SPDR Bloomberg International Treasury Bond ETF** | &nbsp;&nbsp;**SPDR Bloomberg International Treasury Bond ETF** | &nbsp;&nbsp;**SPDR Bloomberg International Treasury Bond ETF** | &nbsp;&nbsp;**SPDR Bloomberg International Treasury Bond ETF** |
|  | &nbsp;&nbsp;**Year Ended<br> 12/31/22** | &nbsp;&nbsp;**Year Ended<br> 12/31/21** | &nbsp;&nbsp;**Year Ended<br> 12/31/20** | &nbsp;&nbsp;**Six-month Period<br> Ended<br> 12/31/19(a)** | &nbsp;&nbsp;**Year Ended<br> 6/30/19** | &nbsp;&nbsp;**Year Ended<br> 6/30/18** |
| **Net asset value, beginning of period<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$28.15 | &nbsp;&nbsp;&nbsp;$31.22 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$28.74 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$28.87 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$27.88 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$27.56 |
| **Income (loss) from investment operations:** |  |  |  |  |  |  |
| Net investment income (loss) (b)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.19 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.31 |
| Net realized and unrealized gain (loss) (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5.87) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3.10) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.13) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.92 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.24 |
| Total from investment operations<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5.53) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.82) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.77 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.06 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.55 |
| Contribution from Affiliate<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00(d) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Other capital (b)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00(d) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.01 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.01 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00(d) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.01 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.01 |
| **Distributions to shareholders from:** |  |  |  |  |  |  |
| Net investment income<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.27) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.26) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.30) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.19) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.33) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.24) |
| **Net asset value, end of period<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$22.35 | &nbsp;&nbsp;&nbsp;$28.15 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$31.22 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$28.74 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$28.87 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$27.88 |
| **Total return (e)<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(19.66)% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9.01)% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.73%(f) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.20% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.78% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.02% |
| **Ratios and Supplemental Data:** |  |  |  |  |  |  |
| Net assets, end of period (in 000s)<br>| &nbsp;&nbsp;$1115366 | &nbsp;&nbsp;$951578 | &nbsp;&nbsp;$1011547 | &nbsp;&nbsp;$1028855 | &nbsp;&nbsp;$1122866 | &nbsp;&nbsp;$1519631 |
| **Ratios to average net assets:** |  |  |  |  |  |  |
| Total expenses<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.36% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.35% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.35% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.35%(g) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.38% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50% |
| Net investment income (loss)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.43% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.95% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.19% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.31%(g) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.42% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.09% |
| Portfolio turnover rate (h)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7%(i) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29% |

---

(a) Effective November 12, 2019,
the Board of Trustees approved a change in fiscal year end for the Fund from June 30 to December 31.

(b) Per share
numbers have been calculated using average shares outstanding, which more appropriately presents the per share data for the year.

(c) Amounts
shown in this caption for a share outstanding may not accord with the change in aggregate gains and losses in securities for the fiscal period because of the timing of sales and repurchases of Fund shares in relation to fluctuating market values for
the Fund.

(d) Amount is
less than $0.005 per share.

(e) Total
return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net
asset value per share on the respective payment dates of each distribution. Total returns for periods of less than one year are not annualized. Broker commission charges are not included in this calculation.

(f) If an
affiliate had not made a contribution during the year ended December 31, 2020, the total return would have remained 9.73%.

(g) Annualized.

(h) Portfolio
turnover rate excludes securities received or delivered from in-kind processing of creations or redemptions.

(i) Not
annualized.

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR SERIES TRUST

#### FINANCIAL HIGHLIGHTS (continued)

#### Selected data for a share outstanding throughout each period

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**SPDR Bloomberg Short Term International Treasury Bond ETF** | &nbsp;&nbsp;**SPDR Bloomberg Short Term International Treasury Bond ETF** | &nbsp;&nbsp;**SPDR Bloomberg Short Term International Treasury Bond ETF** | &nbsp;&nbsp;**SPDR Bloomberg Short Term International Treasury Bond ETF** | &nbsp;&nbsp;**SPDR Bloomberg Short Term International Treasury Bond ETF** | &nbsp;&nbsp;**SPDR Bloomberg Short Term International Treasury Bond ETF** |
|  | &nbsp;&nbsp;**Year Ended<br> 12/31/22** | &nbsp;&nbsp;**Year Ended<br> 12/31/21** | &nbsp;&nbsp;**Year Ended<br> 12/31/20** | &nbsp;&nbsp;**Six-month Period<br> Ended<br> 12/31/19(a)** | &nbsp;&nbsp;**Year Ended<br> 6/30/19** | &nbsp;&nbsp;**Year Ended<br> 6/30/18** |
| **Net asset value, beginning of period<br>**  | &nbsp;&nbsp;&nbsp;$30.38 | &nbsp;&nbsp;&nbsp;$32.84 | &nbsp;&nbsp;&nbsp;$30.88 | &nbsp;&nbsp;&nbsp;$31.05 | &nbsp;&nbsp;&nbsp;$31.38 | &nbsp;&nbsp;&nbsp;$31.23 |
| **Income (loss) from investment operations:** |  |  |  |  |  |  |
| Net investment income (loss) (b)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.12 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.03) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.05 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.07 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.16 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00(c) |
| Net realized and unrealized gain (loss) (d)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3.47) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.26) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.94 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.17) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.10) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.28 |
| Total from investment operations<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3.35) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.29) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.99 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.10) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.06 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.28 |
| Contribution from Affiliate (Note 4)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00(c) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00(c) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Other capital (b)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.01) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.01 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.01 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00(c) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00(c) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.01 |
| **Distributions to shareholders from:** |  |  |  |  |  |  |
| Net investment income<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.12) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.18) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.04) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.33) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.14) |
| Return of Capital<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.07) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.06) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Total distributions<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.12) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.18) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.04) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.07) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.39) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.14) |
| **Net asset value, end of period<br>**  | &nbsp;&nbsp;&nbsp;$26.90 | &nbsp;&nbsp;&nbsp;$30.38 | &nbsp;&nbsp;&nbsp;$32.84 | &nbsp;&nbsp;&nbsp;$30.88 | &nbsp;&nbsp;&nbsp;$31.05 | &nbsp;&nbsp;&nbsp;$31.38 |
| **Total return (e)<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11.07)%(f) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6.91)% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.49%(g) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.36)% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.21% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.90% |
| **Ratios and Supplemental Data:** |  |  |  |  |  |  |
| Net assets, end of period (in 000s)<br>| &nbsp;&nbsp;$145236 | &nbsp;&nbsp;$170134 | &nbsp;&nbsp;$213429 | &nbsp;&nbsp;$299496 | &nbsp;&nbsp;$298118 | &nbsp;&nbsp;$332582 |
| **Ratios to average net assets:** |  |  |  |  |  |  |
| Total expenses<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.36% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.35% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.35% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.35%(h) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.36% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.35% |
| Net investment income (loss)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.45% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.09)% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.16% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.43%(h) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.51% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.01% |
| Portfolio turnover rate (i)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31%(j) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63% |

---

(a) Effective November 12, 2019,
the Board of Trustees approved a change in fiscal year end for the Fund from June 30 to December 31.

(b) Per share
numbers have been calculated using average shares outstanding, which more appropriately presents the per share data for the year.

(c) Amount is
less than $0.005 per share.

(d) Amounts
shown in this caption for a share outstanding may not accord with the change in aggregate gains and losses in securities for the fiscal period because of the timing of sales and repurchases of Fund shares in relation to fluctuating market values for
the Fund.

(e) Total
return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net
asset value per share on the respective payment dates of each distribution. Total returns for periods of less than one year are not annualized. Broker commission charges are not included in this calculation.

(f) If an
affiliate had not made a contribution during the year ended ended December 31, 2022, the total return would have remained (11.07)%

(g) If an
affiliate had not made a contribution during the year ended ended December 31, 2020, the total return would have remained 6.49%.

(h) Annualized.

(i) Portfolio
turnover rate excludes securities received or delivered from in-kind processing of creations or redemptions.

(j) Not
annualized.

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR SERIES TRUST

#### FINANCIAL HIGHLIGHTS (continued)

#### Selected data for a share outstanding throughout each period

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**SPDR FTSE International Government Inflation-Protected Bond ETF** | &nbsp;&nbsp;**SPDR FTSE International Government Inflation-Protected Bond ETF** | &nbsp;&nbsp;**SPDR FTSE International Government Inflation-Protected Bond ETF** | &nbsp;&nbsp;**SPDR FTSE International Government Inflation-Protected Bond ETF** | &nbsp;&nbsp;**SPDR FTSE International Government Inflation-Protected Bond ETF** | &nbsp;&nbsp;**SPDR FTSE International Government Inflation-Protected Bond ETF** |
|  | &nbsp;&nbsp;**Year Ended<br> 12/31/22** | &nbsp;&nbsp;**Year Ended<br> 12/31/21** | &nbsp;&nbsp;**Year Ended<br> 12/31/20** | &nbsp;&nbsp;**Six-month Period<br> Ended<br> 12/31/19(a)** | &nbsp;&nbsp;**Year Ended<br> 6/30/19** | &nbsp;&nbsp;**Year Ended<br> 6/30/18** |
| **Net asset value, beginning of period<br>**  | &nbsp;&nbsp;&nbsp;$53.95 | &nbsp;&nbsp;&nbsp;$58.57 | &nbsp;&nbsp;&nbsp;$55.28 | &nbsp;&nbsp;&nbsp;$55.31 | &nbsp;&nbsp;&nbsp;$54.63 | &nbsp;&nbsp;&nbsp;$55.75 |
| **Income (loss) from investment operations:** |  |  |  |  |  |  |
| Net investment income (loss) (b)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.91 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.56 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.02 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.66 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.92 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.73 |
| Net realized and unrealized gain (loss) (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(12.97) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4.71) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.17 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.19 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.57 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.11) |
| Total from investment operations<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8.06) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.15) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.19 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.85 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.62 |
| Contribution from Affiliate (Note 4)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00(d) |
| Other capital (b)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.03 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.02 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.03 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.01 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.03 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.11 |
| **Distributions to shareholders from:** |  |  |  |  |  |  |
| Net investment income<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3.53) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.49) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.93) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.87) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.18) |
| Net realized gains<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.47) |
| Return of Capital<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.06) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.02) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.84) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.20) |
| Total distributions<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4.59) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.49) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.93) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.89) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.84) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.85) |
| **Net asset value, end of period<br>**  | &nbsp;&nbsp;&nbsp;$41.33 | &nbsp;&nbsp;&nbsp;$53.95 | &nbsp;&nbsp;&nbsp;$58.57 | &nbsp;&nbsp;&nbsp;$55.28 | &nbsp;&nbsp;&nbsp;$55.31 | &nbsp;&nbsp;&nbsp;$54.63 |
| **Total return (e)<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15.41)%(f) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3.68)% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.76% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.58% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.78% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.21% |
| **Ratios and Supplemental Data:** |  |  |  |  |  |  |
| Net assets, end of period (in 000s)<br>| &nbsp;&nbsp;$520775 | &nbsp;&nbsp;$453227 | &nbsp;&nbsp;$380717 | &nbsp;&nbsp;$431216 | &nbsp;&nbsp;$475714 | &nbsp;&nbsp;$568158 |
| **Ratios to average net assets:** |  |  |  |  |  |  |
| Total expenses<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.51% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50%(g) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50% |
| Net investment income (loss)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.68% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.57% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.90% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.39%(g) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.60% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.02% |
| Portfolio turnover rate (h)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8%(i) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32% |

---

(a) Effective November 12, 2019,
the Board of Trustees approved a change in fiscal year end for the Fund from June 30 to December 31.

(b) Per share
numbers have been calculated using average shares outstanding, which more appropriately presents the per share data for the year.

(c) Amounts
shown in this caption for a share outstanding may not accord with the change in aggregate gains and losses in securities for the fiscal period because of the timing of sales and repurchases of Fund shares in relation to fluctuating market values for
the Fund.

(d) Amount is
less than $0.005 per share.

(e) Total
return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net
asset value per share on the respective payment dates of each distribution. Total returns for periods of less than one year are not annualized. Broker commission charges are not included in this calculation.

(f) If an
Affiliate had not made a contribution during the year ended December 31 2022, the total return would have remained (15.41)%.

(g) Annualized.

(h) Portfolio
turnover rate excludes securities received or delivered from in-kind processing of creations or redemptions.

(i) Not
annualized.

*See accompanying notes to financial statements.*

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR SERIES TRUST

#### NOTES TO FINANCIAL STATEMENTS

#### December 31, 2022

------

1. Organization

SPDR Series Trust (the "Trust"), a Massachusetts business trust, registered under the Investment Company Act of 1940, as amended ("1940 Act"), is an open-end management investment company.

As of December 31, 2022, the Trust consists of eighty-five (85) series, each of which represents a separate series of beneficial interest in the Trust. The Declaration of Trust permits the Board of Trustees of the Trust (the "Board") to authorize the issuance of an unlimited number of shares of beneficial interest at $0.01 par value. The financial statements herein relate to the following series (each a "Fund", and collectively, the "Funds"):

---

| |
|:---|
| SPDR Bloomberg Emerging Markets Local Bond ETF |
| SPDR Bloomberg International Corporate Bond ETF |
| SPDR Bloomberg International Treasury Bond ETF |
| SPDR Bloomberg Short Term International Treasury Bond ETF |
| SPDR FTSE International Government Inflation-Protected Bond ETF |

---

Each Fund, except for SPDR Bloomberg International Corporate Bond ETF, is classified as a non-diversified investment company under the 1940 Act. SPDR Bloomberg International Corporate Bond ETF is classified as a diversified investment company under the 1940 Act.

2. Summary of Significant Accounting Policies

The following is a summary of significant accounting policies followed by the Trust in the preparation of its financial statements:

The preparation of financial statements in accordance with U.S. generally accepted accounting principles ("U.S. GAAP") requires management to make estimates and assumptions that affect the reported amounts and disclosures in the financial statements. Actual results could differ from those estimates. Each Fund is an investment company under U.S. GAAP and follows the accounting and reporting guidance applicable to investment companies.

#### Security Valuation
Each Fund's investments are valued at fair value each day that the New York Stock Exchange ("NYSE") is open and, for financial reporting purposes, as of the report date should the reporting period end on a day that the NYSE is not open. Fair value is generally defined as the price a fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. By its nature, a fair value price is a good faith estimate of the valuation in a current sale and may not reflect an actual market price. The investments of each Fund are valued pursuant to the policy and procedures developed by the Oversight Committee (the "Committee") and approved by the Board. The Committee provides oversight of the valuation of investments for the Funds. The Board has responsibility for overseeing the determination of the fair value of investments.

Valuation techniques used to value each Fund's investments by major category are as follows:

• Investments in registered investment companies (including money market funds) or other unitized pooled investment vehicles that are not traded on an exchange are valued at that day's published net asset value ("NAV") per share or unit.

• Government and municipal fixed income securities are generally valued using quotations from independent pricing services or brokers. Certain government inflation-indexed securities may require a calculated fair valuation as the cumulative inflation is contained within the price provided by the pricing service or broker. For these securities, the inflation component of the price is "cleaned" from the pricing service or broker price utilizing the published inflation factors in order to ensure proper accrual of income.

• Debt obligations (including short-term investments and convertible debt securities) are valued using quotations from independent pricing services or brokers or are generally valued at the last reported evaluated prices.

• Forward foreign currency exchange contracts are valued based on that day's prevailing forward exchange rate for the underlying currencies. The rates are obtained from independent pricing services in accordance with the valuation policy and procedures approved by the Board.

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR SERIES TRUST

#### NOTES TO FINANCIAL STATEMENTS (continued)

#### December 31, 2022

------

In the event prices or quotations are not readily available or that the application of these valuation methods results in a price for an investment that is deemed to be not representative of the fair value of such investment, fair value will be determined in good faith by the Committee, in accordance with the valuation policy and procedures approved by the Board.

Various inputs are used in determining the value of the Funds' investments.

The Funds value their assets and liabilities at fair value using a fair value hierarchy consisting of three broad levels that prioritize the inputs to valuation techniques giving the highest priority to readily available unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements) when market prices are not readily available or reliable. The categorization of a value determined for an investment within the hierarchy is based upon the pricing transparency of the investment and is not necessarily an indication of the risk associated with investing in it.

The three levels of the fair value hierarchy are as follows:

• Level 1 – Unadjusted quoted prices in active markets for an identical asset or liability;

• Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability either directly or indirectly, including quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not considered to be active, inputs other than quoted prices that are observable for the asset or liability (such as exchange rates, financing terms, interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-corroborated inputs; and

• Level 3 – Unobservable inputs for the asset or liability, including the Committee's assumptions used in determining the fair value of investments.

The value of each Fund's investments according to the fair value hierarchy as of December 31, 2022 is disclosed in each Fund's respective Schedule of Investments.

#### Investment Transactions and Income Recognition
Investment transactions are accounted for on trade date for financial reporting purposes. Realized gains and losses from the sale or disposition of investments and foreign exchange transactions, if any, are determined using the identified cost method.

Dividend income and capital gain distributions, if any, are recognized on the ex-dividend date, or when the information becomes available, net of any foreign taxes withheld at source, if any. Non-cash dividends, if any, received in the form of stock are recorded as dividend income at fair value. Distributions received by the Funds may include a return of capital that is estimated by management. Such amounts are recorded as a reduction of the cost of investments or reclassified to capital gains.

#### Expenses
Certain expenses, which are directly identifiable to a specific Fund, are applied to that Fund within the Trust. Other expenses which cannot be attributed to a specific Fund are allocated in such a manner as deemed equitable, taking into consideration the nature and type of expense and the relative net assets of the Funds within the Trust.

#### Foreign Currency Translation
The accounting records of the Funds are maintained in U.S. dollars. Foreign currencies as well as investment securities and other assets and liabilities denominated in a foreign currency are translated to U.S. dollars using exchange rates at period end. Purchases and sales of securities, income receipts and expense payments denominated in foreign currencies are translated into U.S. dollars at the prevailing exchange rate on the respective dates of the transactions.

The effects of exchange rate fluctuations on investments are included with the net realized and unrealized gain (loss) on investment securities. Other foreign currency transactions resulting in realized and unrealized gain (loss) are disclosed separately.

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR SERIES TRUST

#### NOTES TO FINANCIAL STATEMENTS (continued)

#### December 31, 2022

------

#### Foreign Taxes
The Funds may be subject to foreign taxes (a portion of which may be reclaimable) on income, stock dividends, realized and unrealized capital gains on investments or certain foreign currency transactions. Foreign taxes are recorded in accordance with SSGA FM understanding of the applicable foreign tax regulations and rates that exist in the foreign jurisdictions in which the Funds invest. These foreign taxes, if any, are paid by the Funds and are reflected in the Statements of Operations, if applicable. Foreign taxes payable or deferred as of December 31, 2022, if any, are disclosed in the Funds' Statements of Assets and Liabilities.

#### Distributions
Distributions from net investment income, if any, are declared and paid monthly. Net realized capital gains, if any, are distributed annually. Dividends may be declared and paid more frequently or at any other times to improve Index tracking or to comply with the distribution requirements of the Internal Revenue Code of 1986, as amended (the "Internal Revenue Code"). The amount and character of income and capital gains to be distributed are determined in accordance with applicable tax regulations which may differ from net investment income and realized gains recognized for U.S. GAAP purposes.

3. Derivative Financial Instruments

#### Forward Foreign Currency Exchange Contracts
Certain Funds may engage in forward foreign currency contracts to acquire exposure to foreign currencies or to hedge the Fund's investments against currency fluctuations. A forward foreign currency exchange contract is a commitment to purchase or sell a foreign currency at the settlement date at a negotiated rate. Non-deliverable forward foreign currency exchange contracts are settled with the counterparty in cash without the delivery of foreign currency. The contract is marked-to-market daily and the change in market value is recorded by the Fund as an unrealized gain or loss. When the contract is closed, a Fund recognizes a realized gain or loss equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed.

Certain risks may arise upon entering into forward foreign currency exchange contracts from the potential inability of counterparties to meet the terms of their contracts and are generally limited to the amount of unrealized gains on appreciated contracts, if any. Additionally, when utilizing forward foreign currency exchange contracts to hedge, the Funds give up the opportunity to profit from favorable exchange rate movements during the term of the contract.

For the fiscal year ended December 31, 2022, the SPDR Bloomberg Emerging Markets Local Bond ETF entered into forward foreign currency exchange contracts to manage currency exposure.

The following tables summarize the value of the Funds' derivative instruments as of December 31, 2022, and the related location in the accompanying Statement of Assets and Liabilities and Statement of Operations, presented by primary underlying risk exposure:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Asset Derivatives** | &nbsp;&nbsp;**Asset Derivatives** | &nbsp;&nbsp;**Asset Derivatives** | &nbsp;&nbsp;**Asset Derivatives** | &nbsp;&nbsp;**Asset Derivatives** | &nbsp;&nbsp;**Asset Derivatives** |
|  | &nbsp;&nbsp;**Interest <br> Rate<br> Risk** | &nbsp;&nbsp;**Foreign <br> Exchange<br> Risk** | &nbsp;&nbsp;**Credit <br> Risk** | &nbsp;&nbsp;**Equity <br> Risk** | &nbsp;&nbsp;**Commodity <br> Risk** | &nbsp;&nbsp;**Total** |
| **SPDR Bloomberg Emerging Markets Local Bond ETF** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Forward Foreign Currency Exchange Contracts<br>| &nbsp;&nbsp;$— | &nbsp;&nbsp;$855320 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$— | &nbsp;&nbsp;$— | &nbsp;&nbsp;$855320 |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Liability Derivatives** | &nbsp;&nbsp;**Liability Derivatives** | &nbsp;&nbsp;**Liability Derivatives** | &nbsp;&nbsp;**Liability Derivatives** | &nbsp;&nbsp;**Liability Derivatives** | &nbsp;&nbsp;**Liability Derivatives** |
|  | &nbsp;&nbsp;**Interest <br> Rate<br> Risk** | &nbsp;&nbsp;**Foreign <br> Exchange<br> Risk** | &nbsp;&nbsp;**Credit <br> Risk** | &nbsp;&nbsp;**Equity <br> Risk** | &nbsp;&nbsp;**Commodity <br> Risk** | &nbsp;&nbsp;**Total** |
| **SPDR Bloomberg Emerging Markets Local Bond ETF** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Forward Foreign Currency Exchange Contracts<br>| &nbsp;&nbsp;$— | &nbsp;&nbsp;$784815 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$— | &nbsp;&nbsp;$— | &nbsp;&nbsp;$784815 |

---

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR SERIES TRUST

#### NOTES TO FINANCIAL STATEMENTS (continued)

#### December 31, 2022

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Net Realized Gain (Loss)** | &nbsp;&nbsp;**Net Realized Gain (Loss)** | &nbsp;&nbsp;**Net Realized Gain (Loss)** | &nbsp;&nbsp;**Net Realized Gain (Loss)** | &nbsp;&nbsp;**Net Realized Gain (Loss)** | &nbsp;&nbsp;**Net Realized Gain (Loss)** |
|  | &nbsp;&nbsp;**Interest <br> Rate<br> Risk** | &nbsp;&nbsp;**Foreign <br> Exchange<br> Risk** | &nbsp;&nbsp;**Credit <br> Risk** | &nbsp;&nbsp;**Equity <br> Risk** | &nbsp;&nbsp;**Commodity <br> Risk** | &nbsp;&nbsp;**Total** |
| **SPDR Bloomberg Emerging Markets Local Bond ETF** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Forward Foreign Currency Exchange Contracts<br>| &nbsp;&nbsp;$— | &nbsp;&nbsp;$1592412 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$— | &nbsp;&nbsp;$— | &nbsp;&nbsp;$1592412 |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Net Change in Unrealized Appreciation (Depreciation)** | &nbsp;&nbsp;**Net Change in Unrealized Appreciation (Depreciation)** | &nbsp;&nbsp;**Net Change in Unrealized Appreciation (Depreciation)** | &nbsp;&nbsp;**Net Change in Unrealized Appreciation (Depreciation)** | &nbsp;&nbsp;**Net Change in Unrealized Appreciation (Depreciation)** | &nbsp;&nbsp;**Net Change in Unrealized Appreciation (Depreciation)** |
|  | &nbsp;&nbsp;**Interest <br> Rate<br> Risk** | &nbsp;&nbsp;**Foreign <br> Exchange<br> Risk** | &nbsp;&nbsp;**Credit <br> Risk** | &nbsp;&nbsp;**Equity <br> Risk** | &nbsp;&nbsp;**Commodity <br> Risk** | &nbsp;&nbsp;**Total** |
| **SPDR Bloomberg Emerging Markets Local Bond ETF** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Forward Foreign Currency Exchange Contracts<br>| &nbsp;&nbsp;$— | &nbsp;&nbsp;$64389 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$— | &nbsp;&nbsp;$— | &nbsp;&nbsp;$64389 |

---

For financial reporting purposes, the Funds do not offset derivative assets or liabilities, including those that may be subject to an enforceable Foreign Exchange Master Agreement that allows for net settlement between counterparties, on their Statements of Assets and Liabilities. The following tables set forth the Funds' net exposure to derivative assets and liabilities available for offset and net of collateral at December 31, 2022:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Offsetting of Financial Assets and Derivative Assets** | **Offsetting of Financial Assets and Derivative Assets** | **Offsetting of Financial Assets and Derivative Assets** | **Offsetting of Financial Assets and Derivative Assets** | **Offsetting of Financial Assets and Derivative Assets** |
|  | **Forward Foreign Currency Exchange Contracts** | **Forward Foreign Currency Exchange Contracts** | **Forward Foreign Currency Exchange Contracts** | **Forward Foreign Currency Exchange Contracts** |
| **Counterparty** | **Gross Amounts<br> of Assets** | **Amount <br> Eligible<br> to Offset** | **Collateral <br> (Received)<br> Pledged** | **Net <br> Amount** |
| Barclays Capital<br>| $195648 | $(195648) | $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| Goldman Sachs Capital Markets L.P.<br>| &nbsp;&nbsp;&nbsp;&nbsp;47651 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;47651 |
| UBS AG<br>| &nbsp;&nbsp;&nbsp;612021 | &nbsp;&nbsp;&nbsp;&nbsp;(95624) | &nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;516397 |
|  | $855320 | $(291272) | $— | $564048 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Offsetting of Financial Liabilities and Derivative Liabilities** | **Offsetting of Financial Liabilities and Derivative Liabilities** | **Offsetting of Financial Liabilities and Derivative Liabilities** | **Offsetting of Financial Liabilities and Derivative Liabilities** | **Offsetting of Financial Liabilities and Derivative Liabilities** |
|  | **Forward Foreign Currency Exchange Contracts** | **Forward Foreign Currency Exchange Contracts** | **Forward Foreign Currency Exchange Contracts** | **Forward Foreign Currency Exchange Contracts** |
| **Counterparty** | **Gross Amounts<br> of Liabilities** | **Amount <br> Eligible<br> to Offset** | **Collateral <br> (Received)<br> Pledged** | **Net <br> Amount** |
| Barclays Capital<br>| $(277691) | $195648 | $— | &nbsp;&nbsp;$(82043) |
| Standard Chartered Bank<br>| &nbsp;&nbsp;&nbsp;(378037) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;(378037) |
| UBS AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;(95624) | &nbsp;&nbsp;&nbsp;&nbsp;95624 | &nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Westpac Banking Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;(33463) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(33463) |
|  | $(784815) | $291272 | $— | $(493543) |

---

Amounts presented on the Schedules of Investments and Statements of Assets and Liabilities are not net settlement amounts but gross.

4. Fees and Transactions with Affiliates

#### Advisory Fee
The Trust, on behalf of each Fund, has entered into an Investment Advisory Agreement with SSGA Funds Management, Inc. (the "Adviser" or "SSGA FM"). For its advisory services to the Funds, facilities furnished and expenses borne by the Adviser, each Fund pays the Adviser a fee ("Management/Advisory fee") accrued daily and

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR SERIES TRUST

#### NOTES TO FINANCIAL STATEMENTS (continued)

#### December 31, 2022

------

paid monthly, based on a percentage of each Fund's average daily net assets as shown in the following table:

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;**Annual Rate** |
| SPDR Bloomberg Emerging Markets Local Bond ETF<br>| &nbsp;&nbsp;0.30% |
| SPDR Bloomberg International Corporate Bond ETF<br>| &nbsp;&nbsp;0.50 |
| SPDR Bloomberg International Treasury Bond ETF<br>| &nbsp;&nbsp;0.35 |
| SPDR Bloomberg Short Term International Treasury Bond ETF<br>| &nbsp;&nbsp;0.35 |
| SPDR FTSE International Government Inflation-Protected Bond ETF<br>| &nbsp;&nbsp;0.50 |

---

From time to time, the Adviser may waive all or a portion of its Management fee. The Adviser has contractually agreed to waive a portion of its Management fee and/or reimburse expenses in an amount equal to any acquired fund fees and expenses (excluding holdings in acquired funds for cash management purposes, if any) for each Fund until April 30, 2023.

This waiver and/or reimbursement does not provide for the recoupment by the Adviser of any amounts waived or reimbursed. This waiver and/or reimbursement may not be terminated prior to April 30, 2023 except with the approval of the Funds' Board of Trustees.

The Adviser pays all expenses of each Fund other than the Management fee, brokerage expenses, taxes, interest, fees and expenses of the Trust's Trustees, who are not "interested persons" of the Trust, as defined in the 1940 Act ("Independent Trustees") (including any Trustee's counsel fees), litigation expenses, acquired fund fees and expenses and other extraordinary expenses.

State Street Global Advisors Limited receives fees from the Adviser for its services as the sub-adviser to the SPDR Bloomberg International Corporate Bond ETF and SPDR Bloomberg Emerging Markets Local Bond ETF.

#### Administrator, Custodian, Sub-Administrator and Transfer Agent Fees
SSGA FM serves as administrator and State Street Bank and Trust Company ("State Street"), an affiliate of the Adviser, serves as custodian, sub-administrator and transfer agent. State Street receives fees for its services as custodian, sub-administrator and transfer agent from the Adviser.

#### Distributor
State Street Global Advisors Funds Distributors, LLC ("SSGA FD" or the "Distributor"), an affiliate of the Adviser, serves as the Distributor of the Trust.

#### Other Transactions with Affiliates - Securities Lending
State Street, an affiliate of the Funds, acts as the securities lending agent for the Funds, pursuant to an amended and restated securities lending authorization agreement dated January 6, 2017, as amended.

Net proceeds collected by State Street on investment of cash collateral or any fee income less rebates payable to borrowers are paid as follows: If the calendar year to date net proceeds are below a specified threshold across SPDR ETFs each Fund retains eighty five percent (85%) of the net proceeds and fifteen percent (15%) of such net proceeds is payable to State Street. Starting the business day following the date that calendar year to date net proceeds exceeds a specified threshold, each Fund retains ninety percent (90%) of the net proceeds and ten percent (10%) of such net proceeds is payable to State Street.

In addition, cash collateral from lending activities is invested in the State Street Navigator Securities Lending Portfolio II, an affiliated fund, for which SSGA FM serves as investment adviser. See Note 9 for additional information regarding securities lending.

#### Other Transactions with Affiliates
The Funds may invest in affiliated entities, including securities issued by State Street Corporation, affiliated funds, or entities deemed to be affiliates as a result of the Funds owning more than five percent of the entity's voting securities or outstanding shares. Amounts relating to these transactions during the year ended December 31, 2022 are disclosed in the Schedules of Investments.

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[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR SERIES TRUST

#### NOTES TO FINANCIAL STATEMENTS (continued)

#### December 31, 2022

------

During the fiscal year ended December 31, 2022, State Street made contributions of $489,633, $2,298 and $51,944 to the SPDR Bloomberg Emerging Markets Local Bond ETF, SPDR Bloomberg Short Term International Treasury Bond ETF and SPDR FTSE International Government Inflation-Protected Bond ETF, respectively, related to an accounting matter.

During the fiscal year ended December 31, 2022, the Adviser agreed to make a contribution $44,470 to the SPDR Bloomberg Emerging Markets Local Bond ETF related to a trade processing matter.

#### Due to Custodian
In certain circumstances, the Funds may have cash overdrafts with the Custodian due to expense payments, capital transactions, trading of securities, investment operations or derivative transactions. The Due to Custodian amount, if any, reflects cash overdrawn with State Street, as custodian, who is an affiliate of the Funds.

5. Trustees' Fees

The fees and expenses of the Independent Trustees and one interested, non-management Trustee are paid directly by the Funds. The Independent Trustees and one interested, non-management Trustee are reimbursed for travel and other out-of-pocket expenses in connection with meeting attendance and industry seminars.

6. Investment Transactions

Purchases and sales of investments (excluding in-kind transactions and short term investments) for the year ended December 31, 2022, were as follows:

---

| | | |
|:---|:---|:---|
|  | **Purchases** | **Sales** |
| SPDR Bloomberg Emerging Markets Local Bond ETF<br>| $1901557667 | $704891129 |
| SPDR Bloomberg International Corporate Bond ETF<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24926394 | &nbsp;&nbsp;&nbsp;&nbsp;16991888 |
| SPDR Bloomberg International Treasury Bond ETF<br>| &nbsp;&nbsp;&nbsp;&nbsp;210250345 | &nbsp;&nbsp;&nbsp;123961748 |
| SPDR Bloomberg Short Term International Treasury Bond ETF<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89348808 | &nbsp;&nbsp;&nbsp;&nbsp;88139519 |
| SPDR FTSE International Government Inflation-Protected Bond ETF<br>| &nbsp;&nbsp;&nbsp;&nbsp;189600420 | &nbsp;&nbsp;&nbsp;179568936 |

---

For the year ended December 31, 2022, the following Funds had in-kind contributions, redemptions and net realized gains/losses in the amounts as follows:

---

| | | | |
|:---|:---|:---|:---|
|  | **In-kind <br> Contributions** | **In-kind <br> Redemptions** | **In-kind Net<br> Realized<br> Gains/(Losses)** |
| SPDR Bloomberg Emerging Markets Local Bond ETF<br>| $135820601 | $136160292 | $(11048273) |
| SPDR Bloomberg International Corporate Bond ETF<br>| &nbsp;&nbsp;&nbsp;&nbsp;28140371 | &nbsp;&nbsp;&nbsp;&nbsp;19028316 | &nbsp;&nbsp;&nbsp;&nbsp;(1281874) |
| SPDR Bloomberg International Treasury Bond ETF<br>| &nbsp;&nbsp;&nbsp;366096330 | &nbsp;&nbsp;&nbsp;&nbsp;99670677 | &nbsp;&nbsp;&nbsp;&nbsp;(6344133) |
| SPDR Bloomberg Short Term International Treasury Bond ETF<br>| &nbsp;&nbsp;&nbsp;&nbsp;14342200 | &nbsp;&nbsp;&nbsp;&nbsp;17650715 | &nbsp;&nbsp;&nbsp;&nbsp;(2664311) |
| SPDR FTSE International Government Inflation-Protected Bond ETF<br>| &nbsp;&nbsp;&nbsp;168138057 | &nbsp;&nbsp;&nbsp;&nbsp;17511824 | &nbsp;&nbsp;&nbsp;&nbsp;1322058 |

---

7. Shareholder Transactions

Each Fund issues and redeems its shares, at NAV, by each Fund only in aggregations of a specified number of shares or multiples thereof ("Creation Units"). Except when aggregated in Creation Units, shares of each Fund are not redeemable. Transactions in capital shares for each Fund are disclosed in detail in the Statements of Changes in Net Assets.

The consideration for the purchase of Creation Units of a Fund may consist of the in-kind deposit of a designated portfolio of securities and a specified amount of cash. Investors purchasing and redeeming Creation Units may pay a purchase transaction fee and a redemption transaction fee directly to the Trust and/or custodian, to offset transfer and other transaction costs associated with the issuance and redemption of Creation Units, including Creation Units for cash. An additional variable fee may be charged for certain transactions. Such variable charges, if any, are included in "Other Capital" on the Statements of Changes in Net Assets.

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[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR SERIES TRUST

#### NOTES TO FINANCIAL STATEMENTS (continued)

#### December 31, 2022

------

8. Income Tax Information

The Funds have qualified and intend to continue to qualify as regulated investment companies under Subchapter M of the Internal Revenue Code. Each Fund will not be subject to federal income taxes to the extent it distributes its taxable income, including any net realized capital gains, for each fiscal year. Therefore, no provision for federal income tax is required.

The Funds file federal and various state and local tax returns as required. No income tax returns are currently under examination. Generally, the federal returns are subject to examination by the Internal Revenue Service for a period of three years from date of filing, while the state returns may remain open for an additional year depending upon jurisdiction. SSGA FM has analyzed each Fund's tax positions taken on tax returns for all open years and does not believe there are any uncertain tax positions that would require recognition of a tax liability.

Distributions to shareholders are recorded on ex-dividend date. Income dividends and gain distributions are determined in accordance with income tax rules and regulations, which may differ from generally accepted accounting principles.

Certain capital accounts in the financial statements have been adjusted for permanent book-tax differences. These adjustments have no impact on NAV or results of operations. Temporary book-tax differences will reverse in the future. These book-tax differences are primarily due to differing treatments for character of distributions, in-kind transactions, foreign currencies, premium amortization, net operating losses, wash sale loss deferrals, TIPS adjustments, forward contracts and distributions in excess of current earnings.

The tax character of distributions paid during the year ended December 31, 2022, was as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Ordinary <br> Income** | **Long-Term <br> Capital Gains** | **Tax Return<br> of Capital** | **Total** |
| SPDR Bloomberg Emerging Markets Local Bond ETF<br>| &nbsp;&nbsp;$3714999 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | $86940908 | $90655907 |
| SPDR Bloomberg International Corporate Bond ETF<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;628666 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;628666 |
| SPDR Bloomberg International Treasury Bond ETF<br>| &nbsp;&nbsp;&nbsp;10363828 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;10363828 |
| SPDR Bloomberg Short Term International Treasury Bond ETF<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;526121 | &nbsp;&nbsp;&nbsp;138965 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;665086 |
| SPDR FTSE International Government Inflation-Protected Bond ETF<br>| &nbsp;&nbsp;&nbsp;37295303 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;11096490 | &nbsp;&nbsp;&nbsp;48391793 |

---

The tax character of distributions paid during the fiscal period ended December 31, 2021 was as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Ordinary <br> Income** | **Long-Term <br> Capital Gains** | **Tax Return<br> of Capital** | **Total** |
| SPDR Bloomberg Emerging Markets Local Bond ETF<br>| $39014812 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | $6269073 | $45283885 |
| SPDR Bloomberg International Corporate Bond ETF<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;716688 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;716688 |
| SPDR Bloomberg International Treasury Bond ETF<br>| &nbsp;&nbsp;&nbsp;&nbsp;8885986 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;8885986 |
| SPDR Bloomberg Short Term International Treasury Bond ETF<br>| &nbsp;&nbsp;&nbsp;&nbsp;1221564 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;1221564 |
| SPDR FTSE International Government Inflation-Protected Bond ETF<br>| &nbsp;&nbsp;&nbsp;17883899 | &nbsp;&nbsp;&nbsp;1231484 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;19115383 |

---

At December 31, 2022, the components of distributable earnings on a tax basis were as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Undistributed <br> Ordinary Income** | **Capital Loss<br> Carryforwards** | **Undistributed <br> Long-Term<br> Capital Gains** | **Net Unrealized<br> Gains (Losses)** | **Total** |
| SPDR Bloomberg Emerging Markets Local Bond ETF<br>| $— | $(102997164) | $— | $(196752788) | $(299749952) |
| SPDR Bloomberg International Corporate Bond ETF<br>| &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(826338) | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(27135300) | &nbsp;&nbsp;&nbsp;&nbsp;(27961638) |
| SPDR Bloomberg International Treasury Bond ETF<br>| &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(9590138) | &nbsp;&nbsp;— | &nbsp;&nbsp;(188780099) | &nbsp;&nbsp;(198370237) |
| SPDR Bloomberg Short Term International Treasury Bond ETF<br>| &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(2461219) | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(11437785) | &nbsp;&nbsp;&nbsp;&nbsp;(13899004) |
| SPDR FTSE International Government Inflation-Protected Bond ETF<br>| &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(8576000) | &nbsp;&nbsp;— | &nbsp;&nbsp;(102617163) | &nbsp;&nbsp;&nbsp;(111193163) |

---

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR SERIES TRUST

#### NOTES TO FINANCIAL STATEMENTS (continued)

#### December 31, 2022

------

As of December 31, 2022, the following Funds had capital loss carryforwards available to offset future realized capital gains as follows:

---

| | | |
|:---|:---|:---|
|  | **Non-Expiring <br> Short Term** | **Non-Expiring <br> Long Term** |
| SPDR Bloomberg Emerging Markets Local Bond ETF<br>| $39775120 | $63222044 |
| SPDR Bloomberg International Corporate Bond ETF<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;214332 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;612006 |
| SPDR Bloomberg International Treasury Bond ETF<br>| &nbsp;&nbsp;&nbsp;&nbsp;2425494 | &nbsp;&nbsp;&nbsp;&nbsp;7164644 |
| SPDR Bloomberg Short Term International Treasury Bond ETF<br>| &nbsp;&nbsp;&nbsp;&nbsp;1097731 | &nbsp;&nbsp;&nbsp;&nbsp;1363488 |
| SPDR FTSE International Government Inflation-Protected Bond ETF<br>| &nbsp;&nbsp;&nbsp;&nbsp;5592148 | &nbsp;&nbsp;&nbsp;&nbsp;2983852 |

---

As of December 31, 2022, gross unrealized appreciation and gross unrealized depreciation of investments and other financial instruments based on cost for federal income tax purposes were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Tax <br> Cost** | **Gross <br> Unrealized<br> Appreciation** | **Gross <br> Unrealized<br> Depreciation** | **Net Unrealized<br> Appreciation<br> (Depreciation)** |
| SPDR Bloomberg Emerging Markets Local Bond ETF<br>| $2346402571 | $22101409 | $218962742 | $(196861333) |
| SPDR Bloomberg International Corporate Bond ETF<br>| &nbsp;&nbsp;&nbsp;&nbsp;173772421 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;524823 | &nbsp;&nbsp;&nbsp;&nbsp;27709740 | &nbsp;&nbsp;&nbsp;&nbsp;(27184917) |
| SPDR Bloomberg International Treasury Bond ETF<br>| &nbsp;&nbsp;1296340754 | &nbsp;&nbsp;&nbsp;&nbsp;5518844 | &nbsp;&nbsp;194401052 | &nbsp;&nbsp;(188882208) |
| SPDR Bloomberg Short Term International Treasury Bond ETF<br>| &nbsp;&nbsp;&nbsp;&nbsp;155326332 | &nbsp;&nbsp;&nbsp;&nbsp;1315894 | &nbsp;&nbsp;&nbsp;&nbsp;12757427 | &nbsp;&nbsp;&nbsp;&nbsp;(11441533) |
| SPDR FTSE International Government Inflation-Protected Bond ETF<br>| &nbsp;&nbsp;&nbsp;&nbsp;620751560 | &nbsp;&nbsp;&nbsp;&nbsp;1499504 | &nbsp;&nbsp;104083041 | &nbsp;&nbsp;(102583537) |

---

9. Securities Lending

Each Fund may lend securities to qualified broker-dealers or institutional investors. The loans are secured at all times by cash, cash equivalents or U.S. government securities in an amount at least equal to the market value of the securities loaned, plus accrued interest and dividends, determined on a daily basis and adjusted accordingly. The value of the collateral with respect to a loaned security may be temporarily more or less than the value of a security due to market fluctuations of securities values. With respect to each loan, if on any U.S. business day the aggregate market value of securities collateral plus cash collateral is less than the aggregate market value of the securities which are subject to the loan, the borrower will be notified to provide additional collateral on the next business day.

The Funds will regain record ownership of loaned securities to exercise certain beneficial rights; however, the Funds may bear the risk of delay in recovery of, or even loss of rights in the securities loaned should the borrower fail financially. In addition, a Fund will bear the risk of loss of any cash collateral that it may invest. Each Fund receives compensation for lending its securities from interest or dividends earned on the cash, cash equivalents or U.S. government securities held as collateral, net of fee rebates paid to the borrower and net of fees paid to State Street as the lending agent. Additionally, a Fund will receive a fee from the borrower for non-cash collateral equal to a percentage of the market value of the loaned securities.

The market value of securities on loan as of December 31, 2022, and the value of the invested cash collateral are disclosed in the Funds' Statements of Assets and Liabilities. Non-cash collateral is not disclosed in the Funds' Statements of Assets and Liabilities as it is held by the lending agent on behalf of the Funds and the Funds do not have the ability to re-hypothecate those securities. Securities lending income, as disclosed in the Funds' Statements of Operations, represents the income earned from the non-cash collateral and the investment of cash collateral, net of fee rebates paid to the borrower and net of fees paid to State Street as lending agent.

The following is a summary of each Fund's securities lending agreements and related cash and non-cash collateral received as of December 31, 2022:

---

| | | | |
|:---|:---|:---|:---|
| **Fund** | **Market Value of<br> Securities on Loan** | **Cash <br> Collateral<br> Received** | **Total <br> Collateral<br> Received** |
| SPDR Bloomberg Emerging Markets Local Bond ETF<br>| $35830780 | $36893506 | $36893506 |
| SPDR Bloomberg International Corporate Bond ETF<br>| &nbsp;&nbsp;&nbsp;&nbsp;8535613 | &nbsp;&nbsp;&nbsp;&nbsp;8734973 | &nbsp;&nbsp;&nbsp;&nbsp;8734973 |

---

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[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR SERIES TRUST

#### NOTES TO FINANCIAL STATEMENTS (continued)

#### December 31, 2022

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  | **Remaining Contractual Maturity of the Agreements<br> as of December 31, 2022** | **Remaining Contractual Maturity of the Agreements<br> as of December 31, 2022** | **Remaining Contractual Maturity of the Agreements<br> as of December 31, 2022** | **Remaining Contractual Maturity of the Agreements<br> as of December 31, 2022** | **Remaining Contractual Maturity of the Agreements<br> as of December 31, 2022** | **Remaining Contractual Maturity of the Agreements<br> as of December 31, 2022** |
| **Fund** | **Securities <br> Lending<br> Transactions** | **Overnight <br> and<br> Continuous** | **<30 Days** | **Between <br> 30 & 90<br> Days** | **>90 Days** | **Total <br> Borrowings** | **Gross Amount<br> of Recognized<br> Liabilities for<br> Securities Lending Transactions** |
| SPDR Bloomberg Emerging Markets Local Bond ETF<br>| Foreign Government Obligations | $36893506 | $— | $— | $— | $36893506 | $36893506 |
| SPDR Bloomberg International Corporate Bond ETF<br>| Corporate Bonds & Notes | &nbsp;&nbsp;&nbsp;&nbsp;8734973 | &nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;8734973 | &nbsp;&nbsp;&nbsp;&nbsp;8734973 |

---

10. Line of Credit

The Funds and other affiliated funds (each, a "Participant" and collectively, the "Participants") have access to $200 million of a $1.275 billion ($1.1 billion prior to October 6, 2022) revolving credit facility, provided by a syndication of banks under which the Participants may borrow to fund shareholder redemptions. This agreement expires in October 2023 unless extended or renewed.

The Participants are charged an annual commitment fee which is calculated based on the unused portion of the shared credit line. Commitment fees are allocated among each of the Participants based on relative net assets. Commitment fees are ordinary fund operating expenses paid by the Adviser. A participant incurs and pays the interest expense related to its borrowing. Interest is calculated at a rate per annum equal to the sum of 1.00% plus the greater of the New York Fed Bank Rate.

The Fund had no outstanding loans as of December 31, 2022.

11. Risks

#### Concentration Risk
As a result of the Funds' ability to invest a large percentage of their assets in obligations of issuers within the same country, state, region, currency or economic sector, an adverse economic, business or political development may affect the value of the Funds' investments more than if the Funds were more broadly diversified.

#### Foreign and Emerging Markets Risk
Investing in foreign markets involves risks and considerations not typically associated with investing in the U.S. Foreign securities may be subject to risk of loss because of government regulation, economic, political and social instability in the countries in which the Funds' invest. Foreign markets may be less liquid than investments in the U.S. and may be subject to the risks of currency fluctuations. To the extent that a Fund invests in securities of issuers located in emerging markets, these risks may be even more pronounced.

#### Credit Risk
A Fund may be exposed to credit risk in the event that an issuer or guarantor fails to perform or that an institution or entity with which the Fund has unsettled or open transactions defaults.

#### Market Risk
Market prices of investments held by a Fund will go up or down, sometimes rapidly or unpredictably. A Fund's investments are subject to changes in general economic conditions, general market fluctuations and the risks inherent in investment in securities markets. Investment markets can be volatile, and prices of investments can change substantially due to various factors, including, but not limited to, economic growth or recession, changes in interest rates, inflation, changes in actual or perceived creditworthiness of issuers and general market liquidity. Even if general economic conditions do not change, the value of an investment in a Fund could decline if the particular industries, sectors or companies in which the Fund invests do not perform well or are adversely affected by events. Further, legal, political, regulatory and tax changes also may cause fluctuations in markets and securities prices. Local, regional or global events such as war, military conflicts, acts of terrorism, natural disasters, the spread of infectious illness, such as COVID-19, or other public health issues, or other events could have a

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR SERIES TRUST

#### NOTES TO FINANCIAL STATEMENTS (continued)

#### December 31, 2022

------

significant impact on a Fund and its investments.

#### Russian Sanctions Risk
Sanctions threatened or imposed by a number of jurisdictions, including the United States, the European Union and the United Kingdom, and other intergovernmental actions that have been or may be undertaken in the future, against Russia, Russian entities or Russian individuals, may result in the devaluation of Russian currency, a downgrade in the country's credit rating, an immediate freeze of Russian assets, a decline in the value and liquidity of Russian securities, property or interests, and/or other adverse consequences to the Russian economy or a Fund. The scope and scale of sanctions in place at a particular time may be expanded or otherwise modified in a way that have negative effects on a Fund. Sanctions, or the threat of new or modified sanctions, could impairthe ability of a Fund to buy, sell, hold, receive, deliver or otherwise transact in certain affected securities or other investment instruments. Sanctions could also result in Russia taking counter measures or other actions in response, which may further impair the value and liquidity of Russian securities. These sanctions, and the resulting disruption of the Russian economy, may cause volatility in other regional and global markets and may negatively impact the performance of various sectors and industries, as well as companies in other countries, which could have a negative effect on the performance of a Fund, even if a Fund does not have direct exposure to securities of Russian issuers. As a collective result of the imposition of sanctions, Russian government countermeasures and the impact that they have had on the trading markets for Russian securities, certain Funds have used, and may in the future use, fair valuation procedures approved by the Fund's Board to value certain Russian securities, which could result in such securities being deemed to have a zero value. A reduction in liquidity of certain Fund holdings as a result of sanctions and related actions may cause a Fund to experience increased premiums or discounts to its NAV and/or wider bid-ask spreads. Additionally, if it becomes impracticable or unlawful for a Fund to hold securities subject to, or otherwise affected by, sanctions, or if deemed appropriate by the Fund's investment adviser, the Fund may prohibit in-kind deposits of the affected securities in connection with creation transactions and instead require a cash deposit, which may also increase the Fund's transaction costs.

12. Recent Accounting Pronouncement

In March 2020, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update No. 2020-04 ("ASU 2020-04"), "Reference Rate Reform (Topic 848)". In response to concerns about structural risks of interbank offered rates, and particularly the risk of cessation of LIBOR, regulators have undertaken reference rate reform initiatives to identify alternative reference rates that are more observable or transaction based and less susceptible to manipulation. ASU 2020-04 provides optional guidance for a limited period of time to ease the potential burden in accounting for (or recognizing the effects of) reference rate reform on financial reporting. ASU 2020-04 is elective and applies to all entities, subject to meeting certain criteria, that have contracts, hedging relationships, and other transactions that reference LIBOR or another reference rate expected to be discontinued because of reference rate reform. The relief provided is temporary and generally cannot be applied to contract modifications that occur after December 31, 2022, or hedging relationships entered into or evaluated after that date. However, the FASB has indicated that it will revisit the sunset date in Topic 848 after the LIBOR administrator makes a final decision on a phaseout date. On November 30, 2020, the LIBOR administrator proposed extending the publication of the overnight and the one-, three-, six- and 12-month USD LIBOR settings through June 30, 2023, when many existing contracts that reference LIBOR will have expired. Management is currently evaluating the impact of the guidance.

13. Subsequent Events

Management has evaluated the impact of all subsequent events on the Funds through the date the financial statements were issued and has determined that there were no subsequent events requiring adjustment or disclosure in the financial statements.

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR SERIES TRUST

#### REPORT OF INDEPENDENT REGISTERED PUBLIC

#### ACCOUNTING FIRM

------

To the Shareholders of SPDR Bloomberg Emerging Markets Local Bond ETF, SPDR Bloomberg International Corporate Bond ETF, SPDR Bloomberg International Treasury Bond ETF, SPDR Bloomberg Short Term International Treasury Bond ETF and SPDR FTSE International Government Inflation-Protected Bond ETF and the Board of Trustees of SPDR<sup>®</sup> Series Trust

#### Opinion on the Financial Statements
We have audited the accompanying statements of assets and liabilities of SPDR Bloomberg Emerging Markets Local Bond ETF, SPDR Bloomberg International Corporate Bond ETF, SPDR Bloomberg International Treasury Bond ETF, SPDR Bloomberg Short Term International Treasury Bond ETF and SPDR FTSE International Government Inflation-Protected Bond (collectively referred to as the "Funds") (five of the series constituting SPDR<sup>®</sup> Series Trust (the "Trust")), including the schedules of investments, as of December 31, 2022, and the related statements of operations and changes in net assets, and the financial highlights for each of the periods indicated in the table below and the related notes (collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the financial position of each of the Funds (five of the series constituting SPDR<sup>®</sup> Series Trust) at December 31, 2022, the results of their operations for the year then ended, the changes in their net assets and financial highlights for each of the periods indicated in the table below, in conformity with U.S. generally accepted accounting principles.

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Individual series constituting SPDR Series Trust | &nbsp;&nbsp;Statement of operations | &nbsp;&nbsp;Statements of changes in net assets | &nbsp;&nbsp;Financial highlights |
| &nbsp;&nbsp;SPDR Bloomberg Emerging Markets Local Bond ETF (formerly, SPDR Bloomberg Barclays Emerging Markets Local Bond ETF)<br>SPDR Bloomberg International Corporate Bond ETF (formerly, SPDR Bloomberg Barclays International Corporate Bond ETF)<br>SPDR Bloomberg International Treasury Bond ETF (formerly, SPDR Bloomberg Barclays International Treasury Bond ETF)<br>SPDR Bloomberg Short Term International Treasury Bond ETF (formerly, SPDR Bloomberg Barclays Short Term International Treasury Bond ETF)<br>SPDR FTSE International Government Inflation-Protected Bond | &nbsp;&nbsp;For the year ended<br> December 31, 2022 | &nbsp;&nbsp;For the each of<br> the two years in<br> the period ended<br> December 31, 2022<br>| &nbsp;&nbsp;For each of the two years<br> in the period ended<br> December 31, 2022,<br> the period from July 1,<br> 2019 to December 31, 2019 and each<br> of the two years in the<br> period ended June 30, 2019 |

---

#### Basis for Opinion
These financial statements are the responsibility of the Trust's management. Our responsibility is to express an opinion on the Funds' financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) ("PCAOB") and are required to be independent with respect to the Trust in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Trust is not required to have, nor were we engaged to perform, an audit of the Trust's internal control over financial reporting. As part of our audits we are required to obtain an understanding of internal control over financial reporting, but not for the purpose of expressing an opinion on the effectiveness of the Trust's internal control over financial reporting. Accordingly, we express no such opinion.

------

[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR SERIES TRUST

#### REPORT OF INDEPENDENT REGISTERED PUBLIC

#### ACCOUNTING FIRM

------

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our procedures included confirmation of securities owned as of December 31, 2022, by correspondence with the custodian, brokers and others; when replies were not received from brokers and others, we performed other auditing procedures. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

![](g446363img33d4d4bf7.jpg)

We have served as the auditor of one or more State Street Global Advisors investment companies since 2000.

Boston, Massachusetts<br> February 24, 2023

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[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR SERIES TRUST

#### OTHER INFORMATION

#### December 31, 2022 (Unaudited)

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#### Expense Example
As a shareholder of a Fund, you incur two types of costs: (1) transaction costs, including sales charges (loads), if applicable, on purchase payments, reinvested dividends, or other distributions and (2) ongoing costs, including advisory fees and other Fund expenses. This example is intended to help you understand your ongoing costs (in dollars) of investing in the Fund and to compare these costs with the ongoing costs of investing in other mutual funds. It is based on an investment of $1,000 made at the beginning of the period shown and held for the entire period from July 1, 2022 to December 31, 2022.

The table below illustrates your Fund's cost in two ways:

**Based on actual fund return ——This section helps you to estimate the actual expenses that you paid over the period. The "Ending Account Value" shown is derived from each Fund's actual return, and the third column shows the dollar amount that would have been paid by an investor who started with $1,000 in each Fund. You may use the information here, together with the amount you invested, to estimate the expenses that you paid over the period. To do so, simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number given for the Fund under the heading "Expenses Paid During Period".**

**Based on hypothetical 5% return ——This section is intended to help you compare your Fund's costs with those of other mutual funds. It assumes that the Fund had a yearly return of 5% before expenses, but that the expense ratio is unchanged. In this case, because the return used is not the Fund's actual return, the results do not apply to your investment. The example is useful in making comparisons because the U.S. Securities and Exchange Commission (the "SEC") requires all mutual funds to calculate expenses based on a 5% return. You can assess your Fund's costs by comparing this hypothetical example with the hypothetical examples that appear in shareholder reports of other funds.**

Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transaction costs, such as sales load charges (loads). Therefore, the hypothetical 5% return section of the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds. In addition, if these transaction costs were included, your costs would have been higher.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  |  | **Actual** | **Actual** | **Hypothetical (assuming a 5%<br> return before expenses)** | **Hypothetical (assuming a 5%<br> return before expenses)** |
|  | **Annualized <br> Expense Ratio** | **Ending Account<br> Value** | **Expenses Paid<br> During Period(a)** | **Ending Account<br> Value** | **Expenses Paid<br> During Period(a)** |
| SPDR Bloomberg Emerging Markets Local Bond ETF<br>| 0.31% | $1035.50 | $1.59 | $1023.60 | $1.58 |
| SPDR Bloomberg International Corporate Bond ETF<br>| 0.51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;988.20 | &nbsp;&nbsp;&nbsp;2.56 | &nbsp;&nbsp;&nbsp;1022.60 | &nbsp;&nbsp;&nbsp;2.60 |
| SPDR Bloomberg International Treasury Bond ETF<br>| 0.36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;977.10 | &nbsp;&nbsp;&nbsp;1.79 | &nbsp;&nbsp;&nbsp;1023.40 | &nbsp;&nbsp;&nbsp;1.84 |
| SPDR Bloomberg Short Term International Treasury Bond ETF<br>| 0.36 | &nbsp;&nbsp;&nbsp;1003.60 | &nbsp;&nbsp;&nbsp;1.82 | &nbsp;&nbsp;&nbsp;1023.40 | &nbsp;&nbsp;&nbsp;1.84 |
| SPDR FTSE International Government Inflation-Protected Bond ETF<br>| 0.51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;972.20 | &nbsp;&nbsp;&nbsp;2.54 | &nbsp;&nbsp;&nbsp;1022.60 | &nbsp;&nbsp;&nbsp;2.60 |

---

(a) Expenses are equal to the
Fund's annualized net expense ratio multiplied by the average account value of the period, multiplied by 184, then divided by 365.

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#### SPDR SERIES TRUST

#### OTHER INFORMATION (continued)

#### December 31, 2022 (Unaudited)

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#### Tax Information
For federal income tax purposes, the following information is furnished with respect to the distributions of the Funds for their fiscal year ended December 31, 2022.

#### Qualified Interest Income
Each Fund reports the maximum amount allowable of its net taxable income and short-term capital gain as qualified interest income.

#### Capital Gain Dividend
Long term capital gains dividends were paid from the following Funds during the fiscal period ended December 31, 2022:

---

| | |
|:---|:---|
|  | **Amount** |
| SPDR Bloomberg Short Term International Treasury Bond ETF<br>| $138965 |

---

#### Foreign Tax Credit
The Funds have made an election under the Internal Revenue Code Section 853 to pass through foreign taxes paid by the Funds to its shareholders. For the year ended December 31, 2022, the total amount of foreign taxes that will be passed through are:

---

| | |
|:---|:---|
|  | **Amount** |
| SPDR Bloomberg Emerging Markets Local Bond ETF<br>| $2362958 |

---

The amount of foreign source income earned on the Fund during the year ended December 31, 2022 was as follows:

---

| | |
|:---|:---|
|  | **Amount** |
| SPDR Bloomberg Emerging Markets Local Bond ETF<br>| $92616511 |

---

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[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR SERIES TRUST

#### OTHER INFORMATION (continued)

#### December 31, 2022 (Unaudited)

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#### Premium/Discount Information
Information regarding how often the Shares of each Fund traded on the exchange at a price above (i.e., at a premium) or below (i.e., at a discount) the NAV of the Fund during the past calendar year can be found at *https://www.ssga.com/spdrs.*

#### Proxy Voting Policies and Procedures and Records
A description of the Trust's proxy voting policies and procedures that are used by the Funds' investment adviser to vote proxies relating to the Funds' portfolio of securities are available (i) without charge, upon request by calling 1-866-787-2257 (toll free) or (ii) on the SEC's website at *www.sec.gov.*

Information regarding how the investment adviser voted for the 12-month period ended June 30 is available by August 31 of each year by calling the same number, on the SEC's website, at *www.sec.gov* and on the Funds' website at *https://www.ssga.com/spdrs.*

#### Shareholder Meeting Results
A Special Meeting of the Shareholders of SPDR Series Trust (the "Shareholder Meeting") was held on October 20, 2022. The purpose of the Shareholder Meeting was to ask shareholders to approve the election of Trustees. At the Shareholder Meeting, the shareholders of each Fund approved the election of Trustees. The results of the voting are as follows:

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Trustee Nominee Name** | &nbsp;&nbsp;**Shares For** | &nbsp;&nbsp;**Shares Withheld** |
| &nbsp;&nbsp;Clare S. Richer | &nbsp;&nbsp;458963922.211 | &nbsp;&nbsp;3805311.071 |
| &nbsp;&nbsp;Sandra G. Sponem | &nbsp;&nbsp;458912867.553 | &nbsp;&nbsp;3856365.729 |
| &nbsp;&nbsp;Kristi L. Rowsell | &nbsp;&nbsp;459030936.405 | &nbsp;&nbsp;3738296.877 |
| &nbsp;&nbsp;Gunjan Chauhan | &nbsp;&nbsp;458827846.171 | &nbsp;&nbsp;3941387.111 |
| &nbsp;&nbsp;Carolyn M. Clancy | &nbsp;&nbsp;459042164.143 | &nbsp;&nbsp;3727069.139 |

---

#### Quarterly Portfolio Schedule
Following the Funds' first and third fiscal quarter-ends, complete Schedules of Investments are filed with the SEC as exhibits on Form N-PORT, which can be found on the Funds' website at *https://www.ssga.com/spdrs* and on the SEC's website at *www.sec.gov*. The Funds' Schedules of Investments are available upon request, without charge, by calling 1-866-787-2257 (toll free)*.*

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[**Table of Contents**](#job_spdr__ece8fe45-19a0-485c-b436-1d0e564b0b5e_toc-lettersize-standard)

#### SPDR SERIES TRUST

#### OTHER INFORMATION (continued)

#### December 31, 2022 (Unaudited)

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#### TRUSTEES AND OFFICERS INFORMATION

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Name, Address<br> and Year of Birth** | **Position(s) <br> with Funds** | **Term of<br> Office and<br> Length of<br> Time Served** | **Principal <br> Occupation(s)<br> During Past<br> 5 Years** | **Number of<br> Portfolios<br> in Fund<br> Complex<br> Overseen<br> by Trustee†** | **Other <br> Directorships<br> Held by Trustee<br> During the<br> Past 5 Years** |
| **Trustees** |  |  |  |  |  |
| **Independent Trustees** |  |  |  |  |  |
| CARL G. VERBONCOEUR<br> c/o SPDR Series Trust<br> One Iron Street<br> Boston, MA 02210<br> 1952 | Independent <br> Trustee,<br> Chairman,<br> Trustee<br> Committee<br> Chair | Term: Unlimited<br> Served: since<br> April 2010 | Self-employed <br> consultant since 2009. | 125 | The Motley Fool<br> Funds Trust<br> (Trustee). |
| DWIGHT D. CHURCHILL<br> c/o SPDR Series Trust<br> One Iron Street<br> Boston, MA 02210<br> 1953 | Independent <br> Trustee,<br> Audit<br> Committee<br> Chair | Term: Unlimited<br> Served: since<br> April 2010 | Self-employed <br> consultant since 2010;<br> CEO and President,<br> CFA Institute (June<br> 2014 - January 2015). | 125 | Affiliated<br> Managers Group,<br> Inc. (Chairman, Director<br> and Audit<br> Committee Chair). |
| CLARE S. RICHER<br> c/o SPDR Series Trust<br> One Iron Street<br> Boston, MA 02210<br> 1958 | Independent <br> Trustee | Term: Unlimited<br> Served: since<br> July 2018 | Retired. Chief Financial<br> Officer, Putnam<br> Investments LLC<br> (December 2008 -<br> May 2017). | 125 | Principal Financial<br> Group (Director and Financial Committee Chair);<br> Bain Capital<br> Specialty<br> Finance<br> (Director); University of Notre Dame (Trustee);<br> Putnam Acquisition<br> Financing Inc.<br> (Director);<br> Putnam Acquisition<br> Financing LLC<br> (Director); Putnam GP<br> Inc. (Director);<br> Putnam Investor<br> Services, Inc.<br> (Director); Putnam<br> Investments Limited<br> (Director). |
| SANDRA G. SPONEM<br> c/o SPDR Series Trust<br> One Iron Street<br> Boston, MA 02210<br> 1958 | Independent <br> Trustee | Term: Unlimited<br> Served: since<br> July 2018 | Retired. Chief Financial<br> Officer, M.A.<br> Mortenson<br> Companies, Inc.(construction and real estate company)<br> (February 2007 -<br> April 2017). | 125 | Rydex Series Funds<br> Rydex Dynamic Funds<br> Rydex Variable Trust<br> Guggenheim Funds<br> Trust; Guggenheim<br> Variable Funds Trust;<br> Guggenheim Strategy<br> Funds Trust; Transparent<br> Value Trust; Fiduciary/<br> Claymore Energy<br> Infrastructure Fund;<br> Guggenheim Taxable<br> Municipal Bond & Investment Grade<br> Debt Trust;<br> Guggenheim Strategic<br> Opportunities Fund;<br> Guggenheim Enhanced<br> Equity Income Fund;<br> Guggenheim Credit<br> Allocation Fund;<br> Guggenheim Energy<br> & Income Fund; Guggenheim Active Allocation Fund (Trustee and Audit Committee Chair). |

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#### SPDR SERIES TRUST

#### OTHER INFORMATION (continued)

#### December 31, 2022 (Unaudited)

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Name, Address<br> and Year of Birth** | **Position(s) <br> with Funds** | **Term of<br> Office and<br> Length of<br> Time Served** | **Principal <br> Occupation(s)<br> During Past<br> 5 Years** | **Number of<br> Portfolios<br> in Fund<br> Complex<br> Overseen<br> by Trustee†** | **Other <br> Directorships<br> Held by Trustee<br> During the<br> Past 5 Years** |
| CAROLYN M. CLANCY<br> c/o SPDR Index Shares Funds<br> One Iron Street<br> Boston, MA 02210<br> 1960 | Independent <br> Trustee | Term: Unlimited<br> Served: since<br> October 2022 | Retired. <br> Executive Vice President,<br> Head of Strategy,<br> Analytics and Market Readiness,<br> Fidelity Investments<br> (April 2020 – June 2021);<br> Executive Vice President,<br> Head of Broker Dealer Business,<br> Fidelity Investments<br> (July 2017 – March 2020). | 125 | Assumption University (Trustee);<br> Big Sister Association of<br> Greater Boston (Director). |
| KRISTI L. ROWSELL<br> c/o SPDR Index Shares Funds<br> One Iron Street<br> Boston, MA 02210<br> 1966 | Independent <br> Trustee | Term: Unlimited<br> Served: since<br> October 2022 | Partner and President,<br> Harris Associates<br> (2010 – 2021). | 125 | Oakmark Funds (Trustee);<br> Board of Governors,<br> Investment Company Institute<br> (Member);<br> Habitat for Humanity Chicago (Director). |
| **Interested Trustee** |  |  |  |  |  |
| JAMES E. ROSS\*<br> c/o SPDR Series Trust<br> One Iron Street<br> Boston, MA 02210<br> 1965 | Interested <br> Trustee | Term: Unlimited<br> Served as<br> Trustee: since<br> April 2010 | President, Winnisquam Capital LLC (December 2022 – present); Non-Executive Chairman,<br> Fusion Acquisition Corp II. (February<br> 2020 - Present);<br> Non-Executive Chairman,<br> Fusion Acquisition Corp.<br> (June 2020 - September 2021);<br> Retired Chairman and Director,<br> SSGA Funds Management, Inc.<br> (2005 - March 2020); Retired<br> Executive Vice President, State<br> Street Global Advisors (2012 -<br> March 2020); Retired Chief<br> Executive Officer and Manager,<br> State Street Global Advisors<br> Funds Distributors, LLC (May<br> 2017 - March 2020); Director,<br> State Street Global Markets,<br> LLC (2013 - April 2017);<br> President, SSGA Funds<br> Management, Inc. (2005 - 2012);<br> Principal, State Street<br> Global Advisors (2000 - 2005). | 136 | Investment Managers Series Trust (December 2022 – present); The Select Sector SPDR Trust (November 2005 - Present); SSGA SPDR<br> ETFs Europe I PLC<br> (Director)<br> (November 2016 -<br> March 2020); SSGA<br> SPDR ETFs<br> Europe II PLC<br> (Director)<br> (November 2016 -<br> March 2020); State Street Navigator<br> Securities Lending Trust (July<br> 2016 - March 2020); SSGA<br> Funds (January 2014 - March<br> 2020); State Street Institutional<br> Investment Trust (February<br> 2007 - March 2020); State<br> Street Master Funds (February<br> 2007 - March 2020); Elfun<br> Funds (July 2016 - December<br> 2018). |
| GUNJAN CHAUHAN\*\*<br> c/o SPDR Index Shares Funds<br> One Iron Street<br> Boston, MA 02210<br> 1982 | Interested <br> Trustee | Term: Unlimited<br> Served: Since<br> October 2022 | Senior Managing Director,<br> State Street Global Advisors<br> (April 2018 – Present);<br> Managing Director,<br> State Street Global Advisors<br> (June 2015– March 2018). | 125 | State Street ICAV (Director). |
| † For the purpose of determining the number of portfolios overseen by the Trustees, "Fund Complex" comprises registered investment companies for which SSGA Funds Management, Inc. serves as investment adviser, which includes series of SPDR Series Trust, SPDR Index Shares Funds and SSGA Active Trust. | † For the purpose of determining the number of portfolios overseen by the Trustees, "Fund Complex" comprises registered investment companies for which SSGA Funds Management, Inc. serves as investment adviser, which includes series of SPDR Series Trust, SPDR Index Shares Funds and SSGA Active Trust. | † For the purpose of determining the number of portfolios overseen by the Trustees, "Fund Complex" comprises registered investment companies for which SSGA Funds Management, Inc. serves as investment adviser, which includes series of SPDR Series Trust, SPDR Index Shares Funds and SSGA Active Trust. | † For the purpose of determining the number of portfolios overseen by the Trustees, "Fund Complex" comprises registered investment companies for which SSGA Funds Management, Inc. serves as investment adviser, which includes series of SPDR Series Trust, SPDR Index Shares Funds and SSGA Active Trust. | † For the purpose of determining the number of portfolios overseen by the Trustees, "Fund Complex" comprises registered investment companies for which SSGA Funds Management, Inc. serves as investment adviser, which includes series of SPDR Series Trust, SPDR Index Shares Funds and SSGA Active Trust. | † For the purpose of determining the number of portfolios overseen by the Trustees, "Fund Complex" comprises registered investment companies for which SSGA Funds Management, Inc. serves as investment adviser, which includes series of SPDR Series Trust, SPDR Index Shares Funds and SSGA Active Trust. |
| \* Mr. Ross is an Interested Trustee because of his ownership interest in an affiliate of the Adviser. Mr. Ross previously served as an Interested Trustee from November 2005 to December 2009. | \* Mr. Ross is an Interested Trustee because of his ownership interest in an affiliate of the Adviser. Mr. Ross previously served as an Interested Trustee from November 2005 to December 2009. | \* Mr. Ross is an Interested Trustee because of his ownership interest in an affiliate of the Adviser. Mr. Ross previously served as an Interested Trustee from November 2005 to December 2009. | \* Mr. Ross is an Interested Trustee because of his ownership interest in an affiliate of the Adviser. Mr. Ross previously served as an Interested Trustee from November 2005 to December 2009. | \* Mr. Ross is an Interested Trustee because of his ownership interest in an affiliate of the Adviser. Mr. Ross previously served as an Interested Trustee from November 2005 to December 2009. | \* Mr. Ross is an Interested Trustee because of his ownership interest in an affiliate of the Adviser. Mr. Ross previously served as an Interested Trustee from November 2005 to December 2009. |
| \*\* Ms. Chauhan is an Interested Trustee because of her position with an affiliate of the Adviser. | \*\* Ms. Chauhan is an Interested Trustee because of her position with an affiliate of the Adviser. | \*\* Ms. Chauhan is an Interested Trustee because of her position with an affiliate of the Adviser. | \*\* Ms. Chauhan is an Interested Trustee because of her position with an affiliate of the Adviser. | \*\* Ms. Chauhan is an Interested Trustee because of her position with an affiliate of the Adviser. | \*\* Ms. Chauhan is an Interested Trustee because of her position with an affiliate of the Adviser. |

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#### SPDR SERIES TRUST

#### OTHER INFORMATION (continued)

#### December 31, 2022 (Unaudited)

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| | | | |
|:---|:---|:---|:---|
| **Name, Address<br> and Year of Birth** | **Position(s) <br> with Funds** | **Term of<br> Office and<br> Length of<br> Time Served** | **Principal Occupation(s) During the Past 5 Years** |
| **Officers** |  |  |  |
| ELLEN M. NEEDHAM<br> SSGA Funds Management, Inc.<br> One Iron Street<br> Boston, MA 02210<br> 1967 | President | Term: Unlimited<br> Served: since<br> October 2012 | Chairman, SSGA Funds Management Inc. (March 2020 - present); President and Director, SSGA Funds Management, Inc. (2001 - present)\*; Senior Managing Director, State Street Global Advisors (1992 - present)\*; Manager, State Street Global Advisors Funds Distributors, LLC (May 2017 - present). |
| BRUCE S. ROSENBERG<br> SSGA Funds Management, Inc.<br> One Iron Street<br> Boston, MA 02210<br> 1961 | Treasurer | Term: Unlimited<br> Served: since<br> February 2016 | Managing Director, State Street Global Advisors and SSGA Funds Management, Inc. (July 2015 - present); Director, Credit Suisse (April 2008 - July 2015). |
| ANN M. CARPENTER<br> SSGA Funds Management, Inc.<br> One Iron Street<br> Boston, MA 02210<br> 1966 | Vice <br> President;<br> Deputy<br> Treasurer | Term: Unlimited<br> Served: since<br> August 2012 (with respect to Vice President);<br> Unlimited Served:<br> since February 2016 (with respect to Deputy Treasurer) | Chief Operating Officer, SSGA Funds Management, Inc. (April 2005 - Present)\*; Managing Director, State Street Global Advisors (April 2005 - present).\* |
| MICHAEL P. RILEY<br> SSGA Funds Management, Inc.<br> One Iron Street<br> Boston, MA 02210<br> 1969 | Vice <br> President | Term: Unlimited<br> Served: since<br> February 2005 | Managing Director, State Street Global Advisors (2005 - present).\* |
| CHAD C. HALLETT<br> SSGA Funds Management, Inc.<br> One Iron Street<br> Boston, MA 02210<br> 1969 | Deputy <br> Treasurer | Term: Unlimited<br> Served: since<br> February 2016 | Vice President, State Street Global Advisors and SSGA Funds Management, Inc. (November 2014 - present). |
| DARLENE ANDERSON-VASQUEZ<br> SSGA Funds Management, Inc.<br> One Iron Street<br> Boston, MA 02210<br> 1968 | Deputy <br> Treasurer | Term: Unlimited<br> Served: since<br> November 2016 | Managing Director, State Street Global Advisors and SSGA Funds Management, Inc. (May 2016 - present); Senior Vice President, John Hancock Investments (September 2007 - May 2016). |
| ARTHUR A. JENSEN<br> SSGA Funds Management, Inc.<br> 1600 Summer Street<br> Stamford, CT 06905<br> 1966 | Deputy <br> Treasurer | Term: Unlimited<br> Served: Since<br> August 2017 | Vice President, State Street Global Advisors and SSGA Funds Management, Inc. (July 2016 - present); Mutual Funds Controller of GE Asset Management Incorporated (April 2011 - July 2016). |
| DAVID LANCASTER<br> SSGA Funds Management, Inc.<br> One Iron Street<br> Boston, MA 02210<br> 1971 | Assistant <br> Treasurer | Term: Unlimited<br> Served: since<br> November 2020 | Vice President, State Street Global Advisors and SSGA Funds Management, Inc. (July 2017 - present); Assistant Vice President, State Street Bank and Trust Company (November 2011 - July 2017).\* |
| RYAN HILL<br> SSGA Funds Management, Inc.<br> One Iron Street<br> Boston, MA 02210<br> 1982 | Assistant <br> Treasurer | Term: Unlimited<br> Served: since<br> May 2022 | Vice President, State Street Global Advisors and SSGA Funds Management Inc. (May 2017 - present); Assistant Vice President, State Street Bank and Trust Co. (May 2014 - May 2017). |

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#### SPDR SERIES TRUST

#### OTHER INFORMATION (continued)

#### December 31, 2022 (Unaudited)

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| | | | |
|:---|:---|:---|:---|
| **Name, Address<br> and Year of Birth** | **Position(s) <br> with Funds** | **Term of<br> Office and<br> Length of<br> Time Served** | **Principal Occupation(s) During the Past 5 Years** |
| JOHN BETTENCOURT<br> SSGA Funds Management, Inc.<br> One Iron Street<br> Boston, MA 02210<br> 1976 | Assistant <br> Treasurer | Term: Unlimited<br> Served: since<br> May 2022 | Vice President, State Street Global Advisors and SSGA Funds Management Inc. (March 2020 - present); Assistant Vice President, State Street Global Advisors (June 2007 - March 2020). |
| BRIAN HARRIS<br> SSGA Funds Management, Inc.<br> One Iron Street<br> Boston, MA 02210<br> 1973 | Chief Compliance<br> Officer; Anti-Money<br> Laundering<br> Officer; Code of<br> Ethics<br> Compliance<br> Officer | Term: Unlimited<br> Served: since<br> November 2013 | Managing Director, State Street Global Advisors and SSGA Funds Management, Inc. (June 2013 - present).\* |
| SEAN O'MALLEY<br> SSGA Funds Management, Inc.<br> One Iron Street<br> Boston, MA 02210<br> 1969 | Chief Legal Officer | Term: Unlimited<br> Served:since<br> August 2019 | Senior Vice President and Deputy General Counsel, State Street Global Advisors (November 2013 - present). |
| DAVID BARR<br> SSGA Funds Management, Inc<br> One Iron Street<br> Boston, MA 02210<br> 1974 | Assistant <br> Secretary | Term:Unlimited <br> Served:since<br> November 2020 | Vice President and Senior Counsel, State Street Global Advisors (October 2019 - present); Vice President at Eaton Vance Corp. (October 2010 - October 2019). |
| DAVID URMAN<br> SSGA Funds Management, Inc<br> One Iron Street<br> Boston, MA 02210<br> 1985 | Secretary | Term:Unlimited <br> Served:since<br> August 2019 | Vice President and Senior Counsel, State Street Global Advisors (April 2019 - present); Vice President and Counsel, State Street Global Advisors (August 2015 - April 2019); Associate, Ropes & Gray LLP (November 2012 - August 2015). |
| \* Served in various capacities and/or with various affiliated entities during noted time period. | \* Served in various capacities and/or with various affiliated entities during noted time period. | \* Served in various capacities and/or with various affiliated entities during noted time period. | \* Served in various capacities and/or with various affiliated entities during noted time period. |
| The Statement of Additional Information (SAI) includes additional information about the Funds' trustees and is available, without charge, upon request and by calling 1-866-787-2257. | The Statement of Additional Information (SAI) includes additional information about the Funds' trustees and is available, without charge, upon request and by calling 1-866-787-2257. | The Statement of Additional Information (SAI) includes additional information about the Funds' trustees and is available, without charge, upon request and by calling 1-866-787-2257. | The Statement of Additional Information (SAI) includes additional information about the Funds' trustees and is available, without charge, upon request and by calling 1-866-787-2257. |

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SPDR Series Trust

#### Trustees
Gunjan Chauhan, Interested Trustee

Dwight D. Churchill

Carolyn M. Clancy

Clare S. Richer

James E. Ross, Interested Non-management Trustee

Kristi L. Rowsell

Sandra G. Sponem

Carl G. Verboncoeur, Chairman

#### Investment Manager and Administrator
SSGA Funds Management, Inc.<br> One Iron Street<br> Boston, MA 02210

#### Distributor
State Street Global Advisors Funds Distributors, LLC<br> One Iron Street<br> Boston, MA 02210

#### Custodian, Sub-Administrator<br> and Transfer Agent
State Street Bank and Trust Company<br> One Lincoln Street<br> Boston, MA 02111

#### Legal Counsel
Morgan, Lewis & Bockius LLP<br> 1111 Pennsylvania Avenue, NW<br> Washington, DC 20004

#### Independent Registered Public Accounting Firm
Ernst & Young LLP<br> 200 Clarendon Street<br> Boston, MA 02116

The information contained in this report is intended for the general information of shareholders of the Trust. This report is not authorized for distribution to prospective investors unless preceded or accompanied by a current Trust prospectus which contains important information concerning the Trust. You may obtain a current prospectus and SAI from the Distributor by calling 1-866-787-2257 or visiting *https://www.ssga.com/spdrs.* Please read the prospectus carefully before you invest.

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SPDR<sup>®</sup> Series Trust - Fixed Income Funds

For more complete information, please call 1.866.787.2257 or visit *https://www.ssga.com/spdrs* today.

State Street Global Advisors<br> One Iron Street<br> Boston, MA 02210

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.

Bonds generally present less short-term risk and volatility than stocks, but contain interest rate risk (as interest rates rise 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.

BLOOMBERG<sup>®</sup>, a trademark and service mark of Bloomberg Finance L.P. and its affiliates, has been licensed for use in connection with the listing and trading of the SPDR Bloomberg ETFs.

London Stock Exchange Group plc and its group undertakings (collectively, the "LSE Group").© LSE Group 2020. FTSE Russell is a trading name of certain of the LSE Group companies. "FTSE<sup>®</sup>" is a trade mark(s) of

the relevant LSE Group companies and is/are used by any other LSE Group company under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company's express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.

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.

**Before investing, consider a 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.sssga.com/spdrs.* Read it carefully.**

#### Not FDIC Insured. No Bank Guarantee. May Lose Value.
The information contained in this report is intended for the general information of shareholders of the Trust. This report is not authorized for distribution to prospective investors unless preceded or accompanied by a current Trust prospectus which contains important information concerning the Trust. You may obtain a current prospectus and SAI from the Distributor by calling 1-866-787-2257 or visiting *https://www.ssga.com/spdrs*. Please read the prospectus carefully before you invest.© 2022 State Street Corporation - All Rights Reserved

SPDRSERTRYEAR

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(b) Not applicable.

**<u>Item 2. Code of Ethics.</u>**

As of the end of the period covered by this report, the registrant has adopted a code of ethics that applies to the registrant's principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions, regardless of whether these individuals are employed by the registrant or a third party (the "Code of Ethics"). During the period covered by this report, no substantive amendments were made to the Code of Ethics. During the period covered by this report, the registrant did not grant any waivers, including any implicit waivers, from any provision of the Code of Ethics.

The Code of Ethics is attached hereto as Exhibit 13(a)(1).

**<u>Item 3. Audit Committee Financial Expert.</u>**

(a)(1) The Board of Trustees of the registrant has determined that the registrant has four Board members serving on the Audit Committee that possess the attributes identified in Instructions 2(b) of Item 3 to Form N-CSR to qualify as an "audit committee financial expert."

(2) Dwight Churchill, Clare Richer, Kristi Rowsell, Sandra Sponem and Carl Verboncoeur are the registrant's audit committee financial experts. The Board also determined that each of the foregoing persons are not "interested person(s)" of the registrant as that term is defined in Section 2(a)(19) of the Investment Company Act of 1940, as amended (the "1940 Act").

**<u>Item 4. Principal Accountant Fees and Services.</u>**

(a) <u>Audit Fees</u>.

For the fiscal year ending December 31, 2022 and December 31, 2021, the aggregate audit fees billed for professional services rendered by the principal accountant were $123,675 and $89,700, respectively. Audit fees include the performance of the annual audits, security counts performed during the course of the period for each series of the registrant and routine regulatory filings (one for each SEC registrant).

(b) <u>Audit-Related Fees</u>.

For the fiscal year ending December 31, 2022 and December 31, 2021, the principal accountant did not bill the registrant any fees for assurances and related services that are reasonably related to the performance of the audit of the registrant's financial statements and are not reported under paragraph (a) of this Item.

(c) <u>Tax Fees</u>.

For the fiscal year ending December 31, 2022 and December 31, 2021, the aggregate tax fees billed for professional services rendered by the principal accountant were $13,890 and $34,725, respectively. Tax services related to the review of year-end distribution requirements for the fiscal year ended December 31, 2022 and the review of year-end distribution requirements as well as tax compliance, tax advice, and tax planning in the form of preparation of excise filings and income tax returns for the fiscal year ended December 31, 2021.

(d) <u>All Other Fees</u>.

For the fiscal year ending December 31, 2022 and December 31, 2021, there were no fees billed for professional services rendered by E&Y for products and services provided by E&Y to the Trust, other than the services reported in paragraphs (a) through (c).

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For the fiscal year ended December 31, 2022 and calendar year ended December 31, 2021, the aggregate fees for professional services rendered by E&Y for products and services provided by E&Y to the Adviser and any entity controlling, controlled by, or under common control with the Adviser that provides ongoing services to the Trust that (i) relate directly to the operations and financial reporting of the Trust and (ii) were pre-approved by the Audit Committee were approximately $9,327,125 and $8,904,469, respectively.

(e)(1) <u>Audit Committee Pre-Approval Policies and Procedures</u>.

The registrant's Audit Committee Charter states the following with respect to pre-approval procedures:

Before the independent auditors are engaged by the Trust to render audit or non-audit services, either:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. The Audit Committee shall pre-approve all audit, audit-related and
permissible non-audit services provided to the Trust. The Audit Committee may delegate to one or more of its members the authority to grant pre-approvals. Any decision
of any member to whom authority is delegated under this section shall be presented to the full Audit Committee at its next regularly scheduled meeting;

or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. The engagement to render the audit, audit-related or permissible non-audit service is entered into pursuant to pre-approval policies and procedures established by the Audit Committee. Any such policies and procedures must (1) be
detailed as to the particular service and (2) not involve any delegation of the Audit Committee's responsibilities to the investment adviser. The Audit Committee must be informed of each service entered into pursuant to the policies and
procedures. A copy of any such policies and procedures shall be attached as an exhibit to the Audit Committee Charter.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Pre-Approval for a service provided to the Trust other than audit or
audit-related services is not required if: (1) the aggregate amount of all such permissible non-audit services provided to the Trust constitutes not more than five percent (5%) of the total amount of
revenues paid by the Trust to the independent auditors during the fiscal year in which the permissible non-audit services are provided; (2) such services were not recognized by the Trust at the time of
the engagement to be permissible non-audit services; and (3) such services are promptly brought to the attention of the Audit Committee and are approved by the Audit Committee or by one or more members of
the Audit Committee to whom authority to grant such approvals has been delegated by the Audit Committee prior to the completion of the audit.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. The Audit Committee shall pre-approve any permissible non-audit services proposed to be provided by the independent auditors to (a) the investment adviser and (b) any entity controlling, controlled by, or under common control with the investment adviser that
provides ongoing services to the Trust, if the independent auditors' engagement with the investment adviser or any such control persons relates directly to the operations and financial reporting of the Trust. It shall be the responsibility of
the independent auditors to notify the Audit Committee of any permissible non-audit services that need to be pre-approved.

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Notwithstanding the above, Pre-Approval for any permissible non-audit services under this Sub-section is not required if: (1) the aggregate amount of all such permissible non-audit services constitutes not more than five percent (5%) of the total amount of revenues paid to the independent auditors by the Trust and any other entity that has its services approved under this Section (i.e., the investment adviser or any control person) during the fiscal year in which the permissible non-audit services are provided; (2) such services were not recognized by the Trust at the time of the engagement to be permissible non-audit services; and (3) such services are promptly brought to the attention of the Audit Committee and are approved by the Audit Committee or by one or more members of the Audit Committee to whom authority to grant such approvals has been delegated by the Audit Committee prior to the completion of the audit.

(e)(2) <u>Percentage of Services</u>.

One hundred percent of the services described in each of paragraphs (b) through (d) of this Item were approved by the registrant's Audit Committee pursuant to paragraph (c)(7)(i)(C) of Rule 2-01 of Regulation S-X.

(f) Not applicable.

(g) The aggregate non-audit fees billed for by the registrant's accountant for services rendered to the registrant, and rendered to the registrant's investment adviser (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser), and any entity controlling, controlled by, or under common control with the adviser were as follows:

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| | | |
|:---|:---|:---|
|  | FY 2022<br>(in millions) | FY 2021<br>(in millions) |
|  Non audit services billed to: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Registrant: | See Item 4 (c) | See Item 4 (c) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment Adviser: |  |  |
|  Other entities in the Investment Company Complex<sup>(1)</sup>: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Audit Related Fees | $18.1 | $18.1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tax Fees | $5.4 | $5.4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; All Other Fees | $14.5 | $14.5 |

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(1) Services under the caption Audit-Related Fees consisted principally of reports on the processing of
transactions by servicing organizations, audits of employee benefit plan, non-statutory audits and due diligence procedures. Services under the caption Tax Fees consisted principally of expatriate, compliance
and corporate tax advisory services. Services under the caption All Other Fees primarily related to statutory and financial statement audits and the requirement to opine on the design and operating effectiveness of internal control over financial
reporting.

(h) The registrant's principal accountant notified the registrant's Audit Committee of all non-audit services that were rendered by the principal accountant to the Adviser and any entity controlling, controlled by, or under common control with the Adviser that provides services to the registrant, which services were not required to be pre-approved pursuant to paragraph (c)(7)(ii) of Rule 2-01 of Regulation S-X, allowing the registrant's Audit Committee to consider whether such services were compatible with maintaining the principal accountant's independence.

------

**<u>Item 5. Audit Committees of Listed Registrants.</u>**

The registrant has an audit committee which was established by the Board of Trustees of the registrant in accordance with Section 3(a)(58)(A) of the Securities Exchange Act of 1934, as amended. The members of the registrant's Audit committee are Dwight Churchill, Clare Richer, Sandra Sponem and Carl Verboncoeur.

**<u>Item 6. Investments.</u>**

(a) A Schedule of Investments for each applicable series of the registrant is included as a part of the report to
shareholders filed under Item 1 of this Form N-CSR.

(b) Not applicable to the registrant.

**<u>Item 7. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.</u>**

Not applicable to the registrant.

**<u>Item 8. Portfolio Managers of Closed-End Management Investment Companies.</u>**

Not applicable to the registrant.

**<u>Item 9. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.</u>**

Not applicable to the registrant.

**<u>Item 10. Submission of Matters to a Vote of Security Holders.</u>**

The registrant has not adopted any material changes to the procedures by which shareholders may recommend nominees to the registrant's Board.

**<u>Item 11. Controls and Procedures.</u>**

(a) The Trust's principal executive officer and principal financial officer have concluded that the Trust's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the "1940 Act")) are effective to provide reasonable assurance that information required to be disclosed by the Registrant on Form N-CSR is recorded, processed, summarized and reported as of a date within 90 days of the filing date of this report, based on their evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act and Rules 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934, as amended.

(b) There were no changes in the registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the period covered by this report that have materially affected, or are reasonably likely to materially affect, the registrant's internal control over financial reporting.

------

**<u>Item 12. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.</u>**

(a) Not applicable to the registrant.

(b) Not applicable to the registrant.

**<u>Item 13. Exhibits.</u>**

(a)(1) [Code of Ethics referred to in Item 2.](d446363dex99codeeth.htm)

---

| | |
|:---|:---|
| (a)(2) | [Separate certifications required by Rule 30a-2(a) under the 1940 Act for each principal executive officer and principal financial officer of the registrant are attached.](d446363dex99cert.htm)  |

---

(a)(3) Not applicable to the registrant.

(a)(4) Not applicable.

(b) [A single certification required by Rule 30a-2(b) under the 1940 Act, Rule 13a-14(b) or Rule 15d-14(b) under the Securities Exchange Act of 1934, as amended, and Section 1350 of Chapter 63 of Title 18 of the United States Code for the principal executive officer and principal financial officer of the registrant is attached.](d446363dex99906cert.htm)

------

**SIGNATURES** 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, and the Investment Company Act of 1940, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

SPDR<sup>®</sup> Series Trust

---

| | |
|:---|:---|
| By: | /s/ Ellen M. Needham |
|  | Ellen M. Needham |
|  | President and Principal Executive Officer |

---

Date: March 8, 2023

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, and the Investment Company Act of 1940, as amended, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

---

| | |
|:---|:---|
| By: | /s/ Ellen M. Needham |
|  | Ellen M. Needham |
|  | President and Principal Executive Officer |

---

Date: March 8, 2023

---

| | |
|:---|:---|
| By: | /s/ Bruce S. Rosenberg |
|  | Bruce S. Rosenberg |
|  | Treasurer and Principal Financial Officer |

---

Date: March 8, 2023

## Ex-99.Code

**Exhibit 13(a)(1)** 

**SPDR<sup>®</sup> Series Trust** 

**SPDR<sup>®</sup> Index Shares Funds** 

**SSGA Master Trust** 

**SSGA Active Trust** 

**(each, a "Trust," and, collectively the "Trusts")** 

**<u>CODE OF CONDUCT FOR PRINCIPAL EXECUTIVE AND</u>**

**<u>PRINCIPAL FINANCIAL OFFICERS</u>**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;I. **Covered Officers/Purpose of the Code** 

This Code of Conduct (the "Code") shall apply to each Trust's Principal Executive Officer, Principal Financial Officer, Controller, Principal Accounting Officer and persons performing similar functions (the "Covered Officers," each of whom is named in <u>Exhibit A</u> attached hereto) for the purpose of promoting:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• honest and ethical conduct, including the ethical handling of actual or apparent conflicts of interest between
personal and professional relationships;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• full, fair, accurate, timely and understandable disclosure in reports and documents that each Trust files with,
or submits to, the Securities and Exchange Commission ("SEC") and in other public communications made by the Trust;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• compliance with applicable laws and governmental rules and regulations;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the prompt internal reporting of violations of the Code to an appropriate person or persons identified in the
Code; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• accountability for adherence to the Code.

Each Covered Officer should adhere to a high standard of business ethics and should be sensitive to situations that may give rise to actual as well as apparent conflicts of interest.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;II. **Covered Officers Should Handle Ethically Actual and Apparent Conflicts of Interest** 

*Overview*. A "conflict of interest" occurs when a Covered Officer's private interest interferes with the interests of, or his or her service to, a Trust. For example, a conflict of interest would arise if a Covered Officer, or a member of his or her family, receives improper personal benefits as a result of his or her position with a Trust. Covered Officers must avoid conduct that conflicts, or appears to conflict, with their duties to a Trust. All Covered Officers should conduct themselves such that a reasonable observer would have no grounds for belief that a conflict of interest exists. Covered Officers are not permitted to self-deal or otherwise use their positions with a Trust to further their own or any other related person's business opportunities.

------

This Code does not, and is not intended to, repeat or replace the compliance programs and procedures or codes of ethics of each Trust or each Trust's investment adviser (the "Adviser")<sup>1</sup> or distributor.

Although typically not presenting an opportunity for improper personal benefit, conflicts may arise from, or as a result of, the contractual relationship between a Trust and its service providers, including Adviser, of which the Covered Officers may be officers or employees. As a result, this Code recognizes that the Covered Officers will, in the normal course of their duties (whether formally for a Trust, the Adviser, or other service providers), be involved in establishing policies and implementing decisions that will have different effects on the service providers and the Trusts. The participation of the Covered Officers in such activities is inherent in the contractual relationship between a Trust and its service providers and is consistent with the performance by the Covered Officers of their duties as officers of the Trust. Thus, if performed in conformity with the provisions of the Investment Company Act of 1940, as amended ("Investment Company Act") and the Investment Advisers Act of 1940, as amended ("Investment Advisers Act"), such activities will be deemed to have been handled ethically. In addition, it is recognized by each Trust's Board of Trustees (the "Board") that the Covered Officers may also be officers or employees of one or more other investment companies covered by this or other codes.

The following list provides examples of conflicts of interest under the Code, but Covered Officers should keep in mind that these examples are not exhaustive. The overarching principle is that the personal interest of a Covered Officer should not be placed improperly before the interest of a Trust.

\* \* \* \*

Each Covered Officer must not:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• use his or her personal influence or personal relationship improperly to influence investment decisions or
financial reporting by a Trust whereby the Covered Officer would benefit personally to the detriment of the Trust;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• cause a Trust to take action, or fail to take action, for the individual personal benefit of the Covered Officer
rather than the benefit of the Trust;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• retaliate against any other Covered Officer or any employee of a Trust or its affiliated persons for reports of
potential violations by the Trust of applicable rules and regulations that are made in good faith; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• use material non-public knowledge of portfolio transactions made or
contemplated for the series of a Trust to trade personally or cause others to trade personally in contemplation of the market effect of such transactions.

------

<sup>1</sup> Any reference to Adviser with respect to a Trust may include reference to any investment sub-adviser for a series of the Trust.

------

Each Covered Officer must discuss certain material conflict of interest situations with a Trust's Audit Committee. Examples of such situations include:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• service as a director, trustee, general partner, or officer of any unaffiliated business organization. This rule
does not apply to charitable, civic, religious, public, political, or social organizations, the activities of which do not conflict with the interests of a Trust;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the receipt of any gifts, excluding branded promotional items valued at U.S. 50$ or less;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the receipt of any entertainment from any company with which a Trust has current or prospective business dealings
unless such entertainment is business-related, reasonable in cost, appropriate as to time and place, and not so frequent as raise any question of impropriety;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• any ownership interest in, or any consulting or employment relationship with, any of a Trust's service
providers, other than its Adviser, principal underwriter, administrator, sub-administrator, transfer agent, custodian or any affiliated person thereof; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• a direct or indirect financial interest in commissions, transaction charges or spreads paid by a Trust for
effecting portfolio transactions or for selling or redeeming shares other than an interest arising from the Covered Officer's employment, such as compensation or equity ownership.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;III. **Disclosure and Conduct** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Each Covered Officer will monitor the compliance of each Trust and the Trust's service providers with
federal or state statutes, regulations or administrative procedures that affect the operation of the Trust.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Each Covered Officer should not knowingly misrepresent, or cause others to misrepresent, facts about a Trust to
others, whether within or outside the Trust, including to the Trust's Board, the Trust's Audit Committee, the Trust's independent auditors, governmental regulators, self-regulators and self-regulatory organizations.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Each Covered Officer should, to the extent appropriate within his or her area of responsibility, consult with
other officers and employees of a Trust and its service providers with the goal of promoting full, fair, accurate, timely and understandable disclosure in the reports and documents the Trust files with, or submits to, the SEC and in other public
communications made by the Trust.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Each Covered Officer will exhibit and promote the highest standards of honest and ethical conduct through the
establishment and operation of policies and procedures that encourage professional integrity in all aspects of each Trust's operations.

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IV. **Compliance with Applicable Laws and Regulations** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Each Trust's Audit Committee is responsible for applying this Code to specific situations in which questions
are presented under it and has the authority to interpret this Code in any particular situation, including providing any approvals or waivers sought by the Covered Persons.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• It is the responsibility of each Covered Officer to promote compliance with the standards and restrictions
imposed by applicable laws, rules and regulations.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• In the event of any question of interpretation of the requirements under this Code, Covered Officers shall
consult with the Audit Committee in order to assure compliance with the Code.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;V. **Reporting and Accountability** 

Each Covered Officer must:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• upon adoption of this Code (or thereafter as applicable, upon becoming a Covered Officer), sign and return a
report in the form of <u>Exhibit B</u> to each Trust's compliance officer affirming that he or she has received, read, and understands the Code;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• annually sign and return a report in the form of <u>Exhibit C</u> to each Trust's compliance officer as an
affirmation that he or she has complied with the requirements of the Code; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• notify a Trust's Audit Committee promptly if he or she knows of any violation of this Code. Failure to do so
is itself a violation of this Code.

The Audit Committee will follow these procedures in investigating and enforcing this Code:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The Audit Committee will take all appropriate actions to investigate any potential violations reported to the
Committee.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• If, after such investigation, the Audit Committee believes that no violation has occurred, the Audit Committee is
not required to take any further action.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Any matter that the Audit Committee believes is a violation of this Code will be reported to the full Board.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• If the Board concurs that a violation has occurred, it will notify the appropriate personnel of the applicable
service provider and may dismiss the Covered Officer as an officer of the Trusts.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The Audit Committee will be responsible for granting waivers of provisions of this Code, as appropriate.

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Any changes to or waivers of this Code will, to the extent required, be disclosed as provided by SEC rules.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VI. **Other Policies and Procedures** 

This Code shall be the sole code of ethics adopted by each Trust's for purposes of Section 406 of the Sarbanes-Oxley Act of 2002 and the rules and forms applicable to registered investment companies thereunder. Insofar as other policies or procedures of each Trust, each Trust's Adviser, principal underwriter, or other service providers govern or purport to govern the behavior or activities of the Covered Officers who are subject to this Code, they are superseded by this Code to the extent that they overlap or conflict with the provisions of this Code. The Trusts' Adviser's and principal underwriter's codes of ethics under Rule 17j-1 under the Investment Company Act and the Adviser's more detailed policies and procedures are separate requirements applying to the Covered Officers and others, and are not part of this Code.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VII. **Amendments** 

Any amendments to this Code, other than amendments to <u>Exhibit A</u>, must be approved or ratified by a majority vote of the Board, including a majority of Independent Trustees.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VIII. **Confidentiality** 

All reports and records prepared or maintained pursuant to this Code will be considered confidential and shall be maintained and protected accordingly. Except as otherwise required by law or this Code, such matters shall not be disclosed to anyone other than the Trusts' Board or Audit Committee.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IX. **Internal Use** 

The Code is intended solely for the internal use by each Trust and does not constitute an admission, by or on behalf of a Trust, as to any fact, circumstance, or legal conclusion.

Adopted (SPDR<sup>®</sup> Series Trust): August 18, 2003

Adopted (SPDR<sup>®</sup> Index Shares Funds): July 1, 2004

Updated: August 1, 2007

Amended: November 18, 2010

Adopted (SSGA Master Trust/SSGA Active Trust)/Amended: May 25, 2011

Updated: November 17, 2015

Amended on: February 23, 2017

------

EXHIBIT A

Persons Covered by this Code of Conduct:

---

| | |
|:---|:---|
| **Title** | **Name** |
| President, Chief Executive Officer and Principal Executive Officer | Ellen M. Needham |
| Treasurer, Chief Financial Officer and Principal Financial Officer | Bruce S. Rosenberg |

---

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EXHIBIT B

INITIAL CERTIFICATION FORM

This is to certify that I have read and understand the Code of Conduct for Principal Executive and Principal Financial Officers of SPDR<sup>®</sup> Series Trust, SPDR<sup>®</sup> Index Shares Funds, SSGA Master Trust and SSGA Active Trust and that I recognize that I am subject to the provisions thereof and will comply with the policy and procedures stated therein.

Please sign your name here: <u> </u>

Please print your name here: <u> </u>

Please date here: <u> </u>

------

EXHIBIT C

ANNUAL CERTIFICATION FORM

This is to certify that I have read and understand the Code of Conduct for Principal Executive and Senior Financial Officers of SPDR<sup>®</sup> Series Trust, SPDR<sup>®</sup> Index Shares Funds, SSGA Master Trust and SSGA Active Trust (the "Code") and that I recognize that I am subject to the provisions thereof and will comply with the policy and procedures stated therein.

This is to further certify that I have complied with the policies and procedures set forth in each Code during my tenure as a Covered Officer, as defined in the Code.

Please sign your name here:

Please print your name here: <u> </u>

Please date here: <u> </u>

## Ex-99.Cert

**Exhibit 13(a)(2)** 

**<u>CERTIFICATIONS</u>**

I, Ellen M. Needham, President and Principal Executive Officer of SPDR<sup>®</sup> Series Trust, certify that:

1. I have reviewed this report on Form N-CSR of SPDR<sup>®</sup> Series Trust;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a
material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report,
fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the
periods presented in this report;

4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining
disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be
designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is
being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Designed such internal control over financial reporting, or caused such internal control over financial
reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting
principles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this
report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Disclosed in this report any change in the registrant's internal control over financial reporting that
occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and
the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) All significant deficiencies and material weaknesses in the design or operation of internal control over
financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in
the registrant's internal control over financial reporting.

---

| | |
|:---|:---|
| Date: | March 8, 2023 |
| By: | /s/ Ellen M. Needham |
|  | Ellen M. Needham |
|  | President and Principal Executive Officer |

---

------

I, Bruce S. Rosenberg, Treasurer and Principal Financial Officer of SPDR<sup>®</sup> Series Trust, certify that:

1. I have reviewed this report on Form N-CSR of SPDR<sup>®</sup> Series Trust;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a
material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report,
fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the
periods presented in this report;

4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining
disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be
designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is
being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Designed such internal control over financial reporting, or caused such internal control over financial
reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting
principles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this
report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Disclosed in this report any change in the registrant's internal control over financial reporting that
occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and
the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) All significant deficiencies and material weaknesses in the design or operation of internal control over
financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in
the registrant's internal control over financial reporting.

---

| | |
|:---|:---|
| Date: | March 8, 2023 |
| By: | /s/ Bruce S. Rosenberg |
|  | Bruce S. Rosenberg |
|  | Treasurer and Principal Financial Officer |

---

## Exhibit 99.906

Exhibit 13(b)

**SECTION 906 CERTIFICATION** 

I, Ellen M. Needham, President and Principal Executive Officer, and I, Bruce S. Rosenberg, Treasurer and Principal Financial Officer, of SPDR<sup>®</sup> Series Trust (the "Trust") each certify that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. This Form N-CSR filing for the Trust (the "Report") fully
complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. The information contained in the Report fairly presents, in all material respects, the financial condition and
results of operations of the Trust.

---

| | |
|:---|:---|
| By: | /s/ Ellen M. Needham |
|  | Ellen M. Needham |
|  | President and Principal Executive Officer |

---

---

| | |
|:---|:---|
| Date: | March 8, 2023 |
| By: | /s/ Bruce S. Rosenberg |
|  | Bruce S. Rosenberg |
|  | Treasurer and Principal Financial Officer |
| Date: | March 8, 2023 |

---