# EDGAR Filing Document

**Accession Number:** 0001516212
**File Stem:** 0001410368-26-034124
**Filing Date:** 2026-3
**Character Count:** 193530
**Document Hash:** a81a0c44b32a8d8c3a3dda7e63e0eb5f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-034124.hdr.sgml**: 20260331

**ACCESSION NUMBER**: 0001410368-26-034124

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260331

**DATE AS OF CHANGE**: 20260331

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SSGA Active Trust
- **CENTRAL INDEX KEY:** 0001516212

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22542
- **FILM NUMBER:** 26818184

**BUSINESS ADDRESS:**
- **STREET 1:** ONE CONGRESS STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02114
- **BUSINESS PHONE:** 6176643920

**MAIL ADDRESS:**
- **STREET 1:** ONE CONGRESS STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02114

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SSgA Active Trust
- **DATE OF NAME CHANGE:** 20141208

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SSgA Active ETF Trust
- **DATE OF NAME CHANGE:** 20110322

## Series and Classes Contracts Data

### State Street(R) Galaxy Transformative Tech Accelerators ETF (Series ID: S000087749)

| Class ID   | Class Name                                       | Ticker Symbol   |
|:---|:---|:---|
| C000253657 | SPDR Galaxy Transformative Tech Accelerators ETF | TEKX            |

## Nport-Ex

## Quarterly Report
January 31, 2026

## SSGA Active Trust

---

| |
|:---|
| State Street Galaxy Transformative Tech Accelerators ETF (formerly SPDR Galaxy Transformative Tech Accelerators ETF) |
| State Street Galaxy Digital Asset Ecosystem ETF (formerly SPDR Galaxy Digital Asset Ecosystem ETF) |
| State Street Galaxy Hedged Digital Asset Ecosystem ETF (formerly SPDR Galaxy Hedged Digital Asset Ecosystem ETF) |
| State Street Bridgewater All Weather ETF (formerly SPDR Bridgewater All Weather ETF) |
| State Street IG Public & Private Credit ETF (formerly SPDR SSGA IG Public & Private Credit ETF) |
| State Street Short Duration IG Public & Private Credit ETF (formerly SPDR SSGA Short Duration IG Public & Private Credit 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 *www.ssga.com.* Please read the prospectus carefully before you invest.**<br> ![](img5d2fa77d1.jpg)

------

**TABLE OF CONTENTS** (Unaudited)

---

| | |
|:---|:---|
| **[(Consolidated) Schedules of Investments (Unaudited)](#xx_c4bec972-96cb-43e5-9cdc-064dbe689def_1)** |  |
| &nbsp;&nbsp;&nbsp;[State Street Galaxy Transformative Tech Accelerators ETF (TEKX) (formerly SPDR Galaxy Transformative Tech Accelerators ETF)](#xx_c4bec972-96cb-43e5-9cdc-064dbe689def_1)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 |
| &nbsp;&nbsp;&nbsp;[State Street Galaxy Digital Asset Ecosystem ETF (DECO) (formerly SPDR Galaxy Digital Asset Ecosystem ETF)](#xx_f1040017-ff44-453b-ac8a-aaf6c321bf89_1)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3 |
| &nbsp;&nbsp;&nbsp;[State Street Galaxy Hedged Digital Asset Ecosystem ETF (HECO) (formerly SPDR Galaxy Hedged Digital Asset Ecosystem ETF)](#xx_0f7a0332-81a5-4c48-a41e-218b35109c79_1)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5 |
| &nbsp;&nbsp;&nbsp;[State Street Bridgewater All Weather ETF (ALLW) (formerly SPDR Bridgewater All Weather ETF)](#xx_816e7091-33c7-4ae9-bff4-e310b7829a0e_1)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9 |
| &nbsp;&nbsp;&nbsp;[State Street IG Public & Private Credit ETF (PRIV) (formerly SPDR SSGA IG Public & Private Credit ETF)](#xx_cf196f5c-8597-4e7b-ab27-01a317d4576c_1)<br>| &nbsp;&nbsp;&nbsp;&nbsp;12 |
| &nbsp;&nbsp;&nbsp;[State Street Short Duration IG Public & Private Credit ETF (PRSD) (formerly SPDR SSGA Short Duration IG Public & Private Credit ETF)](#xx_7c41c97d-6162-4425-9dbf-973466f84b94_1)<br>| &nbsp;&nbsp;&nbsp;&nbsp;20 |
| **[Notes to Schedules of Investments (Unaudited)](#xx_49d78934-0de2-4da9-a2f4-2b34f2d0386e_1)<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;26 |

---

**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 *www.ssga.com.* Please read the prospectus carefully before you invest.**

------

[**Table of Contents**](#JOB_SSGA__3a2fc2ab-ef6d-4b33-b2d9-d8612fe4dfa1_TOC-LETTERSIZE-STANDARD)

#### STATE STREET GALAXY TRANSFORMATIVE TECH ACCELERATORS ETF

#### SCHEDULE OF INVESTMENTS

#### January 31, 2026 (Unaudited)

------

---

| | | |
|:---|:---|:---|
| **Security Description** | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| **COMMON STOCKS — 99.6%** | **COMMON STOCKS — 99.6%** | **COMMON STOCKS — 99.6%** |
| **AUTOMOBILES — 1.8%** | **AUTOMOBILES — 1.8%** | **AUTOMOBILES — 1.8%** |
| Tesla, Inc. (a) | &nbsp;&nbsp;&nbsp;152 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$65422 |
| **CAPITAL MARKETS — 1.0%** | **CAPITAL MARKETS — 1.0%** | **CAPITAL MARKETS — 1.0%** |
| Etoro Group Ltd. Class A (a) | 1180 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34692 |
| **DIVERSIFIED CONSUMER SERVICES — 0.9%** | **DIVERSIFIED CONSUMER SERVICES — 0.9%** | **DIVERSIFIED CONSUMER SERVICES — 0.9%** |
| Lincoln Educational Services Corp. (a) | 1212 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32312 |
| **ELECTRIC UTILITIES — 6.4%** | **ELECTRIC UTILITIES — 6.4%** | **ELECTRIC UTILITIES — 6.4%** |
| Alliant Energy Corp. | 1389 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91549 |
| American Electric Power Co., Inc. | &nbsp;&nbsp;&nbsp;512 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61325 |
| Entergy Corp. | &nbsp;&nbsp;&nbsp;752 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72109 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;224983 |
| **ELECTRICAL EQUIPMENT — 17.6%** | **ELECTRICAL EQUIPMENT — 17.6%** | **ELECTRICAL EQUIPMENT — 17.6%** |
| Hubbell, Inc. | &nbsp;&nbsp;&nbsp;256 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;124913 |
| nVent Electric PLC | 1049 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117761 |
| Schneider Electric SE | &nbsp;&nbsp;&nbsp;133 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38338 |
| Siemens Energy AG (a) | 1162 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199822 |
| Vertiv Holdings Co. Class A | &nbsp;&nbsp;&nbsp;753 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140193 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;621027 |
| **ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS — 6.0%** | **ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS — 6.0%** | **ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS — 6.0%** |
| Amphenol Corp. Class A | &nbsp;&nbsp;&nbsp;583 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83999 |
| Coherent Corp. (a) | &nbsp;&nbsp;&nbsp;601 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;127520 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;211519 |
| **FINANCIAL SERVICES — 4.9%** | **FINANCIAL SERVICES — 4.9%** | **FINANCIAL SERVICES — 4.9%** |
| Mastercard, Inc. Class A | &nbsp;&nbsp;&nbsp;164 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88362 |
| Visa, Inc. Class A | &nbsp;&nbsp;&nbsp;269 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86572 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;174934 |
| **INDUSTRIAL CONGLOMERATES — 1.7%** | **INDUSTRIAL CONGLOMERATES — 1.7%** | **INDUSTRIAL CONGLOMERATES — 1.7%** |
| Willow Lane Acquisition Corp. Class A (a) | 5293 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61769 |
| **INTERACTIVE MEDIA & SERVICES — 4.6%** | **INTERACTIVE MEDIA & SERVICES — 4.6%** | **INTERACTIVE MEDIA & SERVICES — 4.6%** |
| Alphabet, Inc. Class A | &nbsp;&nbsp;&nbsp;481 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;162578 |
| **MACHINERY — 2.8%** | **MACHINERY — 2.8%** | **MACHINERY — 2.8%** |
| Flowserve Corp. | 1284 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100345 |
| **METALS & MINING — 2.3%** | **METALS & MINING — 2.3%** | **METALS & MINING — 2.3%** |
| Freeport-McMoRan, Inc. | 1336 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80467 |
| **OIL, GAS & CONSUMABLE FUELS — 2.1%** | **OIL, GAS & CONSUMABLE FUELS — 2.1%** | **OIL, GAS & CONSUMABLE FUELS — 2.1%** |
| Centrus Energy Corp. Class A (a) | &nbsp;&nbsp;&nbsp;&nbsp;54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15027 |
| Exxon Mobil Corp. | &nbsp;&nbsp;&nbsp;416 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58823 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73850 |
| **REAL ESTATE MANAGEMENT & DEVELOPMENT — 1.6%** | **REAL ESTATE MANAGEMENT & DEVELOPMENT — 1.6%** | **REAL ESTATE MANAGEMENT & DEVELOPMENT — 1.6%** |
| Landbridge Co. LLC Class A | &nbsp;&nbsp;&nbsp;985 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56598 |

---

---

| | | |
|:---|:---|:---|
| **Security Description** | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| **SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT — 5.8%** | **SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT — 5.8%** | **SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT — 5.8%** |
| Applied Materials, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;229 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$73811 |
| Lam Research Corp. | &nbsp;&nbsp;&nbsp;&nbsp;231 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53929 |
| Taiwan Semiconductor Manufacturing Co. Ltd. ADR | &nbsp;&nbsp;&nbsp;&nbsp;233 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77021 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204761 |
| **SOFTWARE — 38.7%** | **SOFTWARE — 38.7%** | **SOFTWARE — 38.7%** |
| Adobe, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp;145 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42521 |
| Bitfarms Ltd. (a) | 71752 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;167900 |
| Cipher Mining, Inc. (a) | 10193 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;162680 |
| Cleanspark, Inc. (a) | 16839 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199374 |
| Core Scientific, Inc. (a) | 21946 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;394808 |
| Microsoft Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33563 |
| Riot Platforms, Inc. (a) | 23643 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;365757 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1366603 |
| **TECHNOLOGY HARDWARE, STORAGE & PERIPHERALS — 1.4%** | **TECHNOLOGY HARDWARE, STORAGE & PERIPHERALS — 1.4%** | **TECHNOLOGY HARDWARE, STORAGE & PERIPHERALS — 1.4%** |
| Sandisk Corp. (a) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48981 |
| **TOTAL COMMON STOCKS<br>(Cost $3,054,223)<br>**  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3520841 |
| **SHORT-TERM INVESTMENT — 0.4%** | **SHORT-TERM INVESTMENT — 0.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Institutional U.S. Government Money Market Fund, Class G Shares 3.69% (b) (c)<br>(Cost $14,495) | 14495 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14495 |
| **TOTAL INVESTMENTS — 100.0%<br>(Cost $3,068,718)<br>** | **TOTAL INVESTMENTS — 100.0%<br>(Cost $3,068,718)<br>** | &nbsp;&nbsp;&nbsp;&nbsp;3535336 |
| **LIABILITIES IN EXCESS OF OTHER ASSETS — (0.0)% <sup>\*</sup><br>** | **LIABILITIES IN EXCESS OF OTHER ASSETS — (0.0)% <sup>\*</sup><br>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1583) |
| **NET ASSETS — 100.0%<br>** | **NET ASSETS — 100.0%<br>** | &nbsp;&nbsp;$3533753 |

---

(a) Non-income producing security.

(b) The Fund invested in certain money market funds managed by SSGA Funds Management, Inc. Amounts related to these investments during the period ended January 31, 2026 are shown in the
Affiliate Table below.

(c) The rate shown is the annualized seven-day yield at January 31, 2026.

\* Amount is less than 0.05% of net assets.

Abbreviations: <br> ADR American Depositary Receipt

*See accompanying notes to Schedule of Investments.*

------

[**Table of Contents**](#JOB_SSGA__3a2fc2ab-ef6d-4b33-b2d9-d8612fe4dfa1_TOC-LETTERSIZE-STANDARD)

#### STATE STREET GALAXY TRANSFORMATIVE TECH ACCELERATORS ETF

#### SCHEDULE OF INVESTMENTS (continued) January 31, 2026 (Unaudited)

------

The following table summarizes the value of the Fund's investments according to the fair value hierarchy as of January 31, 2026.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Level 1 –<br> Quoted Prices** | **Level 2 –<br> Other Significant<br> Observable Inputs** | **Level 3 –<br> Significant<br> Unobservable Inputs** | **Total** |
| **ASSETS:** |  |  |  |  |
| **INVESTMENTS:** |  |  |  |  |
| Common Stocks<br>| $3520841 | $— | $— | $3520841 |
| Short-Term Investment<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14495 | &nbsp;&nbsp;— | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14495 |
| **TOTAL INVESTMENTS<br>**  | $3535336 | $— | $— | $3535336 |

---

#### Affiliate Table

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Number of<br> Shares Held<br> at<br> 10/31/25** | **Value at<br>10/31/25** | **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> 1/31/26** | **Value at<br>1/31/26** | **Dividend<br> Income** |
| State Street Institutional U.S. Government Money Market Fund, Class G Shares<br>| 59367 | $59367 | $137562 | $182434 | $— | $— | 14495 | $14495 | $288 |

---

*See accompanying notes to Schedule of Investments.*

------

[**Table of Contents**](#JOB_SSGA__3a2fc2ab-ef6d-4b33-b2d9-d8612fe4dfa1_TOC-LETTERSIZE-STANDARD)

#### STATE STREET GALAXY DIGITAL ASSET ECOSYSTEM ETF

#### CONSOLIDATED SCHEDULE OF INVESTMENTS

#### January 31, 2026 (Unaudited)

------

---

| | | |
|:---|:---|:---|
| **Security Description** | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| **COMMON STOCKS — 92.1%** | **COMMON STOCKS — 92.1%** | **COMMON STOCKS — 92.1%** |
| **BANKS — 2.4%** | **BANKS — 2.4%** | **BANKS — 2.4%** |
| JPMorgan Chase & Co. | &nbsp;&nbsp;&nbsp;&nbsp;1105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$338008 |
| **BROADLINE RETAIL — 2.2%** | **BROADLINE RETAIL — 2.2%** | **BROADLINE RETAIL — 2.2%** |
| MercadoLibre, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;148 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;317873 |
| **CAPITAL MARKETS — 7.4%** | **CAPITAL MARKETS — 7.4%** | **CAPITAL MARKETS — 7.4%** |
| Blackrock, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;299 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;334563 |
| Etoro Group Ltd. Class A (a) | &nbsp;&nbsp;&nbsp;&nbsp;6490 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190806 |
| Morgan Stanley | &nbsp;&nbsp;&nbsp;&nbsp;1615 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;295222 |
| Robinhood Markets, Inc. Class A (a) | &nbsp;&nbsp;&nbsp;&nbsp;2426 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;241339 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1061930 |
| **ELECTRICAL EQUIPMENT — 6.7%** | **ELECTRICAL EQUIPMENT — 6.7%** | **ELECTRICAL EQUIPMENT — 6.7%** |
| nVent Electric PLC | &nbsp;&nbsp;&nbsp;&nbsp;1343 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150765 |
| Powell Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;416 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184534 |
| Vertiv Holdings Co. Class A | &nbsp;&nbsp;&nbsp;&nbsp;3340 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;621841 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;957140 |
| **ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS — 1.6%** | **ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS — 1.6%** | **ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS — 1.6%** |
| Amphenol Corp. Class A | &nbsp;&nbsp;&nbsp;&nbsp;1580 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227646 |
| **FINANCIAL SERVICES — 5.3%** | **FINANCIAL SERVICES — 5.3%** | **FINANCIAL SERVICES — 5.3%** |
| Mastercard, Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;712 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;383619 |
| Visa, Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;1169 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;376219 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;759838 |
| **INDUSTRIAL CONGLOMERATES — 1.4%** | **INDUSTRIAL CONGLOMERATES — 1.4%** | **INDUSTRIAL CONGLOMERATES — 1.4%** |
| Willow Lane Acquisition Corp. Class A (a) | &nbsp;&nbsp;16712 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195029 |
| **INTERACTIVE MEDIA & SERVICES — 5.2%** | **INTERACTIVE MEDIA & SERVICES — 5.2%** | **INTERACTIVE MEDIA & SERVICES — 5.2%** |
| Alphabet, Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;2188 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;739544 |
| **SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT — 10.1%** | **SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT — 10.1%** | **SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT — 10.1%** |
| Applied Materials, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;868 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;279774 |
| Lam Research Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;953 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;222487 |
| Micron Technology, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;1579 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;655096 |
| Taiwan Semiconductor Manufacturing Co. Ltd. ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;297504 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1454861 |
| **SOFTWARE — 48.8%** | **SOFTWARE — 48.8%** | **SOFTWARE — 48.8%** |
| Adobe, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;603 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;176830 |
| Bitfarms Ltd. (a) | 300825 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;703930 |
| Cipher Mining, Inc. (a) | &nbsp;&nbsp;47186 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;753089 |

---

---

| | | |
|:---|:---|:---|
| **Security Description** | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| Cleanspark, Inc. (a) | 100317 | &nbsp;&nbsp;&nbsp;&nbsp;$1187753 |
| Core Scientific, Inc. (a) | 123796 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2227090 |
| Riot Platforms, Inc. (a) | 114802 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1775987 |
| Salesforce, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;821 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;174290 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6998969 |
| **TECHNOLOGY HARDWARE, STORAGE & PERIPHERALS — 1.0%** | **TECHNOLOGY HARDWARE, STORAGE & PERIPHERALS — 1.0%** | **TECHNOLOGY HARDWARE, STORAGE & PERIPHERALS — 1.0%** |
| Sandisk Corp. (a) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;149825 |
| **TOTAL COMMON STOCKS<br>(Cost $10,392,832)<br>**  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13200663 |
| **MUTUAL FUNDS AND EXCHANGE TRADED PRODUCTS — 7.5%** | **MUTUAL FUNDS AND EXCHANGE TRADED PRODUCTS — 7.5%** | **MUTUAL FUNDS AND EXCHANGE TRADED PRODUCTS — 7.5%** |
| Fidelity Wise Origin Bitcoin Fund<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3869 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;282514 |
| iShares Bitcoin Trust ETF<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9112 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;432729 |
| iShares Ethereum Trust ETF<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8361 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;168641 |
| Solana ETF<br>| &nbsp;&nbsp;&nbsp;&nbsp;16107 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;191996 |
| **TOTAL MUTUAL FUNDS AND EXCHANGE TRADED PRODUCTS<br>(Cost $1,442,814)<br>**  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1075880 |
| **SHORT-TERM INVESTMENT — 0.4%** | **SHORT-TERM INVESTMENT — 0.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Institutional U.S. Government Money Market Fund, Class G Shares 3.69% (b) (c)<br>(Cost $57,152) | &nbsp;&nbsp;57152 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57152 |
| **TOTAL INVESTMENTS — 100.0%<br>(Cost $11,892,798)<br>** | **TOTAL INVESTMENTS — 100.0%<br>(Cost $11,892,798)<br>** | &nbsp;&nbsp;&nbsp;&nbsp;14333695 |
| **LIABILITIES IN EXCESS OF OTHER ASSETS — (0.0)% <sup>\*</sup><br>** | **LIABILITIES IN EXCESS OF OTHER ASSETS — (0.0)% <sup>\*</sup><br>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3142) |
| **NET ASSETS — 100.0%<br>** | **NET ASSETS — 100.0%<br>** | &nbsp;&nbsp;&nbsp;$14330553 |

---

(a) Non-income producing security.

(b) The Fund invested in certain money market funds managed by SSGA Funds Management, Inc. Amounts related to these investments during the period ended January 31, 2026 are shown in the
Affiliate Table below.

(c) The rate shown is the annualized seven-day yield at January 31, 2026.

\* Amount is less than 0.05% of net assets.

Abbreviations: <br> ADR American Depositary Receipt

*See accompanying notes to Schedule of Investments.*

------

[**Table of Contents**](#JOB_SSGA__3a2fc2ab-ef6d-4b33-b2d9-d8612fe4dfa1_TOC-LETTERSIZE-STANDARD)

#### STATE STREET GALAXY DIGITAL ASSET ECOSYSTEM ETF

#### CONSOLIDATED SCHEDULE OF INVESTMENTS (continued) January 31, 2026 (Unaudited)

------

The following table summarizes the value of the Fund's investments according to the fair value hierarchy as of January 31, 2026.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Level 1 –<br> Quoted Prices** | **Level 2 –<br> Other Significant<br> Observable Inputs** | **Level 3 –<br> Significant<br> Unobservable Inputs** | **Total** |
| **ASSETS:** |  |  |  |  |
| **INVESTMENTS:** |  |  |  |  |
| Common Stocks<br>| $13200663 | $— | $— | $13200663 |
| Mutual Funds and Exchange Traded Products<br>| &nbsp;&nbsp;&nbsp;&nbsp;1075880 | &nbsp;&nbsp;— | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;1075880 |
| Short-Term Investment<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57152 | &nbsp;&nbsp;— | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57152 |
| **TOTAL INVESTMENTS<br>**  | $14333695 | $— | $— | $14333695 |

---

#### Affiliate Table

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Number of<br> Shares Held<br> at<br> 10/31/25** | **Value at<br>10/31/25** | **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> 1/31/26** | **Value at<br>1/31/26** | **Dividend<br> Income** |
| State Street Institutional U.S. Government Money Market Fund, Class G Shares<br>| 314787 | $314787 | $210248 | $467883 | $— | $— | 57152 | $57152 | $1008 |

---

*See accompanying notes to Schedule of Investments.*

------

[**Table of Contents**](#JOB_SSGA__3a2fc2ab-ef6d-4b33-b2d9-d8612fe4dfa1_TOC-LETTERSIZE-STANDARD)

#### STATE STREET GALAXY HEDGED DIGITAL ASSET ECOSYSTEM ETF

#### CONSOLIDATED SCHEDULE OF INVESTMENTS

#### January 31, 2026 (Unaudited)

------

---

| | | |
|:---|:---|:---|
| **Security Description** | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| **COMMON STOCKS — 92.5%** | **COMMON STOCKS — 92.5%** | **COMMON STOCKS — 92.5%** |
| **BANKS — 2.3%** | **BANKS — 2.3%** | **BANKS — 2.3%** |
| JPMorgan Chase & Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5683 | &nbsp;&nbsp;&nbsp;&nbsp;$1738373 |
| **BROADLINE RETAIL — 2.2%** | **BROADLINE RETAIL — 2.2%** | **BROADLINE RETAIL — 2.2%** |
| MercadoLibre, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;762 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1636616 |
| **CAPITAL MARKETS — 7.4%** | **CAPITAL MARKETS — 7.4%** | **CAPITAL MARKETS — 7.4%** |
| Blackrock, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1550 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1734357 |
| Etoro Group Ltd. Class A (a) | &nbsp;&nbsp;&nbsp;&nbsp;32497 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;955412 |
| Morgan Stanley | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8315 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1519982 |
| Robinhood Markets, Inc. Class A (a) | &nbsp;&nbsp;&nbsp;&nbsp;12651 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1258521 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5468272 |
| **ELECTRICAL EQUIPMENT — 6.7%** | **ELECTRICAL EQUIPMENT — 6.7%** | **ELECTRICAL EQUIPMENT — 6.7%** |
| nVent Electric PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6764 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;759327 |
| Powell Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2223 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;986100 |
| Vertiv Holdings Co. Class A | &nbsp;&nbsp;&nbsp;&nbsp;17156 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3194104 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4939531 |
| **ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS — 1.6%** | **ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS — 1.6%** | **ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS — 1.6%** |
| Amphenol Corp. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8109 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1168345 |
| **FINANCIAL SERVICES — 5.3%** | **FINANCIAL SERVICES — 5.3%** | **FINANCIAL SERVICES — 5.3%** |
| Mastercard, Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3667 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1975743 |
| Visa, Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6008 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1933554 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3909297 |
| **INDUSTRIAL CONGLOMERATES — 1.4%** | **INDUSTRIAL CONGLOMERATES — 1.4%** | **INDUSTRIAL CONGLOMERATES — 1.4%** |
| Willow Lane Acquisition Corp. Class A (a) | &nbsp;&nbsp;&nbsp;&nbsp;87176 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1017344 |
| **INTERACTIVE MEDIA & SERVICES — 5.2%** | **INTERACTIVE MEDIA & SERVICES — 5.2%** | **INTERACTIVE MEDIA & SERVICES — 5.2%** |
| Alphabet, Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;11281 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3812978 |
| **SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT — 10.4%** | **SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT — 10.4%** | **SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT — 10.4%** |
| Applied Materials, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4440 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1431101 |
| Lam Research Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4844 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1130880 |
| Micron Technology, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8467 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3512789 |
| Taiwan Semiconductor Manufacturing Co. Ltd. ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5019 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1659081 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7733851 |
| **SOFTWARE — 48.6%** | **SOFTWARE — 48.6%** | **SOFTWARE — 48.6%** |
| Adobe, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3034 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;889721 |
| Bitfarms Ltd. (a) | 1546687 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3619248 |
| Cipher Mining, Inc. (a) | &nbsp;&nbsp;&nbsp;243252 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3882302 |
| Cleanspark, Inc. (a) | &nbsp;&nbsp;&nbsp;516027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6109760 |
| Core Scientific, Inc. (a) | &nbsp;&nbsp;&nbsp;636459 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11449897 |
| Riot Platforms, Inc. (a) | &nbsp;&nbsp;&nbsp;590252 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9131198 |
| Salesforce, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4160 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;883126 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35965252 |
| **TECHNOLOGY HARDWARE, STORAGE & PERIPHERALS — 1.4%** | **TECHNOLOGY HARDWARE, STORAGE & PERIPHERALS — 1.4%** | **TECHNOLOGY HARDWARE, STORAGE & PERIPHERALS — 1.4%** |
| Sandisk Corp. (a) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1837 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1058571 |
| **TOTAL COMMON STOCKS<br>(Cost $52,931,333)<br>**  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68448430 |

---

---

| | | |
|:---|:---|:---|
| **Security Description** | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| **MUTUAL FUNDS AND EXCHANGE TRADED PRODUCTS — 6.7%** | **MUTUAL FUNDS AND EXCHANGE TRADED PRODUCTS — 6.7%** | **MUTUAL FUNDS AND EXCHANGE TRADED PRODUCTS — 6.7%** |
| Fidelity Wise Origin Bitcoin Fund<br>| &nbsp;&nbsp;12380 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$903988 |
| iShares Bitcoin Trust ETF<br>| &nbsp;&nbsp;46435 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2205198 |
| iShares Ethereum Trust ETF<br>| &nbsp;&nbsp;43654 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;880501 |
| Solana ETF<br>| &nbsp;&nbsp;82691 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;985677 |
| **TOTAL MUTUAL FUNDS AND EXCHANGE TRADED PRODUCTS<br>(Cost $6,702,014)<br>**  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4975364 |

---

---

| | | |
|:---|:---|:---|
|  | **Contracts** |  |
| **PUT OPTIONS PURCHASED — 1.8%** | **PUT OPTIONS PURCHASED — 1.8%** | **PUT OPTIONS PURCHASED — 1.8%** |
| Adobe, Inc. (Strike price $280, expiring 02/20/2026)<br>| &nbsp;&nbsp;&nbsp;&nbsp;15 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5775 |
| Alphabet, Inc. (Strike price $310, expiring 02/20/2026)<br>| &nbsp;&nbsp;&nbsp;&nbsp;55 | &nbsp;&nbsp;&nbsp;&nbsp;18838 |
| Applied Materials, Inc. (Strike price $30, expiring 02/20/2026)<br>| &nbsp;&nbsp;&nbsp;528 | &nbsp;&nbsp;&nbsp;&nbsp;88704 |
| Applied Materials, Inc. (Strike price $310, expiring 02/20/2026)<br>| &nbsp;&nbsp;&nbsp;&nbsp;40 | &nbsp;&nbsp;&nbsp;&nbsp;45000 |
| Bitfarms Ltd. (Strike price $2.50, expiring 02/20/2026)<br>| 5321 | &nbsp;&nbsp;159630 |
| Blackrock, Inc. (Strike price $1,100, expiring 02/20/2026)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8 | &nbsp;&nbsp;&nbsp;&nbsp;13080 |
| Cipher Mining, Inc. (Strike price $15, expiring 02/20/2026)<br>| 1440 | &nbsp;&nbsp;171360 |
| Cleanspark, Inc. (Strike price $11, expiring 02/20/2026)<br>| 1771 | &nbsp;&nbsp;133710 |
| iShares Bitcoin Trust ETF (Strike price $52, expiring 02/20/2026)<br>| &nbsp;&nbsp;&nbsp;428 | &nbsp;&nbsp;211860 |
| iShares Ethereum Trust ETF (Strike price $22, expiring 02/20/2026)<br>| &nbsp;&nbsp;&nbsp;216 | &nbsp;&nbsp;&nbsp;&nbsp;49032 |
| JPMorgan Chase & Co. (Strike price $300, expiring 02/20/2026)<br>| &nbsp;&nbsp;&nbsp;&nbsp;22 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8250 |
| Lam Research Corp. (Strike price $210, expiring 02/20/2026)<br>| &nbsp;&nbsp;&nbsp;&nbsp;44 | &nbsp;&nbsp;&nbsp;&nbsp;17600 |
| Mastercard, Inc. (Strike price $515, expiring 02/20/2026)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3015 |
| Micron Technology, Inc. (Strike price $330, expiring 02/20/2026)<br>| &nbsp;&nbsp;&nbsp;&nbsp;59 | &nbsp;&nbsp;&nbsp;&nbsp;23157 |
| Morgan Stanley (Strike price $180, expiring 02/20/2026)<br>| &nbsp;&nbsp;&nbsp;&nbsp;41 | &nbsp;&nbsp;&nbsp;&nbsp;12546 |
| Nvent Electric PLC (Strike price $100, expiring 02/20/2026)<br>| &nbsp;&nbsp;&nbsp;&nbsp;34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6630 |
| Powell Industries, Inc. (Strike price $410, expiring 02/20/2026)<br>| &nbsp;&nbsp;&nbsp;&nbsp;20 | &nbsp;&nbsp;&nbsp;&nbsp;41900 |
| Riot Platforms, Inc. (Strike price $15, expiring 02/20/2026)<br>| 2024 | &nbsp;&nbsp;203412 |
| Robinhood Markets, Inc. (Strike price $100, expiring 02/20/2026)<br>| &nbsp;&nbsp;&nbsp;&nbsp;61 | &nbsp;&nbsp;&nbsp;&nbsp;40870 |
| Salesforce, Inc. (Strike price $210, expiring 02/20/2026)<br>| &nbsp;&nbsp;&nbsp;&nbsp;21 | &nbsp;&nbsp;&nbsp;&nbsp;12653 |

---

*See accompanying notes to Schedule of Investments.*

------

[**Table of Contents**](#JOB_SSGA__3a2fc2ab-ef6d-4b33-b2d9-d8612fe4dfa1_TOC-LETTERSIZE-STANDARD)

#### STATE STREET GALAXY HEDGED DIGITAL ASSET ECOSYSTEM ETF

#### CONSOLIDATED SCHEDULE OF INVESTMENTS (continued) January 31, 2026 (Unaudited)

------

---

| | | |
|:---|:---|:---|
| **Security Description** | &nbsp;&nbsp;**Contracts** | &nbsp;&nbsp;**Value** |
| Sandisk Corp (Strike price $370, expiring 02/20/2026)<br>| &nbsp;&nbsp;13 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$3348 |
| Taiwan Semiconductor Manufacturing Co. Ltd. (Strike price $330, expiring 02/20/2026)<br>| &nbsp;&nbsp;45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45900 |
| Vertiv Holdings Co. (Strike price $160, expiring 02/20/2026)<br>| &nbsp;&nbsp;84 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30450 |
| Visa, Inc. (Strike price $310, expiring 02/20/2026)<br>| &nbsp;&nbsp;15 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3675 |
| **TOTAL PURCHASED OPTIONS<br>(Cost $1,068,039)<br>**  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1350395 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** |  |
| **SHORT-TERM INVESTMENT — 0.1%** | **SHORT-TERM INVESTMENT — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Institutional U.S. Government Money Market Fund, Class G Shares 3.69% (b) (c)<br>(Cost $50,399) | 50399 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50399 |
| **TOTAL INVESTMENTS — 101.1%<br>(Cost $60,751,785)<br>** | **TOTAL INVESTMENTS — 101.1%<br>(Cost $60,751,785)<br>** | &nbsp;&nbsp;&nbsp;&nbsp;74824588 |
| **LIABILITIES IN EXCESS OF OTHER ASSETS — (1.1)% <br>** | **LIABILITIES IN EXCESS OF OTHER ASSETS — (1.1)% <br>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(823098) |
| **NET ASSETS — 100.0%<br>** | **NET ASSETS — 100.0%<br>** | &nbsp;&nbsp;&nbsp;$74001490 |

---

(a) Non-income producing security.

(b) The Fund invested in certain money market funds managed by SSGA Funds Management, Inc. Amounts related to these investments during the period ended January 31, 2026 are shown in the
Affiliate Table below.

(c) The rate shown is the annualized seven-day yield at January 31, 2026.

Abbreviations: <br> ADR American Depositary Receipt <br> ETF Exchange-Traded Fund

*See accompanying notes to Schedule of Investments.*

------

[**Table of Contents**](#JOB_SSGA__3a2fc2ab-ef6d-4b33-b2d9-d8612fe4dfa1_TOC-LETTERSIZE-STANDARD)

#### STATE STREET GALAXY HEDGED DIGITAL ASSET ECOSYSTEM ETF

#### CONSOLIDATED SCHEDULE OF INVESTMENTS (continued) January 31, 2026 (Unaudited)

------

The Fund had the following Written Call Options contracts at January 31, 2026 :

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Counterparty** | **Strike<br> Price** | **Expiration<br> Date** | **Number of<br> Contracts** | **Notional<br> Amount** | **Market<br> Value** | **Premiums<br> Received** | **Unrealized<br> Appreciation/<br> Depreciation** |
| JPMorgan Chase & Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A | USD 325 | 02/20/2026 | (22) | USD (715000) | &nbsp;&nbsp;&nbsp;&nbsp;$(2255) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(7659) | &nbsp;&nbsp;&nbsp;&nbsp;$5404 |
| Vertiv Holdings Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A | USD 200 | 02/20/2026 | (84) | USD (1680000) | &nbsp;&nbsp;&nbsp;&nbsp; (66780) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(46160) | &nbsp;&nbsp;&nbsp;&nbsp;(20620) |
| Lam Research Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A | USD 240 | 02/20/2026 | (44) | USD (1056000) | &nbsp;&nbsp;&nbsp;&nbsp; (46200) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(44473) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1727) |
| Morgan Stanley | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A | USD 200 | 02/20/2026 | (41) | USD (820000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1169) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6296) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5127 |
| Taiwan Semiconductor<br> Manufacturing Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A | USD 370 | 02/20/2026 | (45) | USD (1665000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6390) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(25306) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18916 |
| Salesforce, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A | USD 250 | 02/20/2026 | (21) | USD (525000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (756) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4754) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3998 |
| Micron Technology, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A | USD 390 | 02/20/2026 | (64) | USD (2496000) | &nbsp;&nbsp;&nbsp; (268000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(85823) | &nbsp;&nbsp;&nbsp;(182177) |
| Blackrock, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A | USD 1,230 | 02/20/2026 | (8) | USD (984000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (620) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8719) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8099 |
| Riot Platforms, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A | USD 23 | 02/20/2026 | (2024) | USD (4655200) | &nbsp;&nbsp;&nbsp;&nbsp; (16192) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(154747) | &nbsp;&nbsp;&nbsp;&nbsp;138555 |
| Cleanspark, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A | USD 17 | 02/20/2026 | (1771) | USD (3010700) | &nbsp;&nbsp;&nbsp;&nbsp; (28336) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(94732) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66396 |
| Applied Materials, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A | USD 350 | 02/20/2026 | (40) | USD (1400000) | &nbsp;&nbsp;&nbsp;&nbsp; (30000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(44776) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14776 |
| Nvent Electric PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A | USD 120 | 02/20/2026 | (34) | USD (408000) | &nbsp;&nbsp;&nbsp;&nbsp; (10625) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11289) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;664 |
| Visa, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A | USD 350 | 02/20/2026 | (15) | USD (525000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (735) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3131) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2396 |
| Sandisk Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A | USD 470 | 02/20/2026 | (13) | USD (611000) | &nbsp;&nbsp;&nbsp; (159835) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(37313) | &nbsp;&nbsp;&nbsp;(122522) |
| Powell Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A | USD 480 | 02/20/2026 | (20) | USD (960000) | &nbsp;&nbsp;&nbsp;&nbsp; (42700) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(38555) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4145) |
| Alphabet, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A | USD 355 | 02/20/2026 | (55) | USD (1952500) | &nbsp;&nbsp;&nbsp;&nbsp; (36437) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(29539) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6898) |
| iShares Bitcoin Trust ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A | USD 58 | 02/20/2026 | (428) | USD (2482400) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5136) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(44483) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39347 |
| iShares Ethereum Trust ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A | USD 29 | 02/20/2026 | (216) | USD (626400) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1296) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10127) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8831 |
| Robinhood Markets, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A | USD 125 | 02/20/2026 | (61) | USD (762500) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4270) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(18853) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14583 |
| Core Scientific, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A | USD 22 | 02/20/2026 | (4753) | USD (10456600) | &nbsp;&nbsp;&nbsp; (168731) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(344437) | &nbsp;&nbsp;&nbsp;&nbsp;175706 |
| Mastercard, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A | USD 570 | 02/20/2026 | (9) | USD (513000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1912) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5214) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3302 |
| Bitfarms Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A | USD 4 | 02/20/2026 | (5321) | USD (1862350) | &nbsp;&nbsp;&nbsp;&nbsp; (21284) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(87564) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66280 |
| Adobe, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A | USD 320 | 02/20/2026 | (15) | USD (480000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2693) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5975) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3282 |
| Cipher Mining, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A | USD 23 | 02/20/2026 | (1440) | USD (3312000) | &nbsp;&nbsp;&nbsp;&nbsp; (27360) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(174599) | &nbsp;&nbsp;&nbsp;&nbsp;147239 |
|  |  |  |  |  |  | &nbsp;&nbsp;$(949712) | $(1334524) | $384812 |

---

The following table summarizes the value of the Fund's investments according to the fair value hierarchy as of January 31, 2026.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Level 1 –<br> Quoted Prices** | **Level 2 –<br> Other Significant<br> Observable Inputs** | **Level 3 –<br> Significant<br> Unobservable Inputs** | **Total** |
| **ASSETS:** |  |  |  |  |
| **INVESTMENTS:** |  |  |  |  |
| Common Stocks<br>| $68448430 | $— | $— | $68448430 |
| Mutual Funds and Exchange Traded Products<br>| &nbsp;&nbsp;&nbsp;&nbsp;4975364 | &nbsp;&nbsp;— | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;4975364 |
| Put Options Purchased<br>| &nbsp;&nbsp;&nbsp;&nbsp;1350395 | &nbsp;&nbsp;— | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;1350395 |
| Short-Term Investment<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50399 | &nbsp;&nbsp;— | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50399 |
| **TOTAL INVESTMENTS<br>**  | $74824588 | $— | $— | $74824588 |
| **OTHER FINANCIAL INSTRUMENTS:** |  |  |  |  |
| Call Options Written<br>| &nbsp;&nbsp;&nbsp;&nbsp;$(949712) | $— | $— | &nbsp;&nbsp;&nbsp;&nbsp;$(949712) |
| **TOTAL OTHER FINANCIAL INSTRUMENTS:<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;$(949712) | $— | $— | &nbsp;&nbsp;&nbsp;&nbsp;$(949712) |

---

*See accompanying notes to Schedule of Investments.*

------

[**Table of Contents**](#JOB_SSGA__3a2fc2ab-ef6d-4b33-b2d9-d8612fe4dfa1_TOC-LETTERSIZE-STANDARD)

#### STATE STREET GALAXY HEDGED DIGITAL ASSET ECOSYSTEM ETF

#### CONSOLIDATED SCHEDULE OF INVESTMENTS (continued) January 31, 2026 (Unaudited)

------

#### Affiliate Table

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Number of<br> Shares Held<br> at<br> 10/31/25** | **Value at<br>10/31/25** | **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> 1/31/26** | **Value at<br>1/31/26** | **Dividend<br> Income** |
| State Street Institutional U.S. Government Money Market Fund, Class G Shares<br>| 1505627 | $1505627 | $3630896 | $5086124 | $— | $— | 50399 | $50399 | $3374 |

---

*See accompanying notes to Schedule of Investments.*

------

[**Table of Contents**](#JOB_SSGA__3a2fc2ab-ef6d-4b33-b2d9-d8612fe4dfa1_TOC-LETTERSIZE-STANDARD)

#### STATE STREET BRIDGEWATER ALL WEATHER ETF

#### CONSOLIDATED SCHEDULE OF INVESTMENTS

#### January 31, 2026 (Unaudited)

------

---

| | | |
|:---|:---|:---|
| **Security Description** | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Value** |
| **U.S. TREASURY OBLIGATIONS — 40.9%** |  |  |
| U.S. Treasury Bills 3.71%, 4/9/2026 <br>| &nbsp;&nbsp;&nbsp;$39860200 | &nbsp;&nbsp;&nbsp;$39598401 |
| U.S. Treasury Inflation-Indexed Bonds: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.13%, 2/15/2051<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9612326 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5191407 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.13%, 2/15/2052<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10422365 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5497187 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.25%, 2/15/2050<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9349499 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5383084 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.63%, 2/15/2043<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11582590 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8656176 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.75%, 2/15/2042<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13600292 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10626291 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.75%, 2/15/2045<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15363191 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11223531 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.88%, 2/15/2047<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10273338 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7410247 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.00%, 2/15/2046<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7086913 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5346882 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.00%, 2/15/2048<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6572900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4801940 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.00%, 2/15/2049<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6022569 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4333426 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.38%, 2/15/2044<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13505930 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11333111 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.50%, 2/15/2053<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9378730 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7302587 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.13%, 2/15/2041<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4426067 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4347833 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.13%, 2/15/2054<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10958698 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9833505 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.38%, 2/15/2055<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10920412 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10355408 |
| U.S. Treasury Inflation-Indexed Notes: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.13%, 1/15/2033<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7864281 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7620212 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.38%, 7/15/2033<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26871040 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26439634 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.75%, 1/15/2034<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26422502 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26487526 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.88%, 7/15/2034<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29985727 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30341222 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.88%, 7/15/2035<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31801455 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31910152 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.88%, 1/15/2036<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22943710 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22859912 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.13%, 1/15/2035<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30379440 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31132399 |
| **TOTAL U.S. TREASURY OBLIGATIONS<br>(Cost $330,307,816)<br>**  |  | &nbsp;&nbsp;&nbsp;&nbsp;328032073 |

---

---

| | | |
|:---|:---|:---|
| **Security Description** | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| **MUTUAL FUNDS AND EXCHANGE TRADED PRODUCTS — 21.1%** | **MUTUAL FUNDS AND EXCHANGE TRADED PRODUCTS — 21.1%** | **MUTUAL FUNDS AND EXCHANGE TRADED PRODUCTS — 21.1%** |
| State Street SPDR Portfolio Emerging Markets ETF (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;699164 | &nbsp;&nbsp;&nbsp;$34398869 |
| State Street SPDR Portfolio S&P 500 ETF (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1356639 | &nbsp;&nbsp;&nbsp;&nbsp;110430415 |
| State Street SPDR S&P China ETF (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;234309 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23911233 |
| **TOTAL MUTUAL FUNDS AND EXCHANGE TRADED PRODUCTS<br>(Cost $153,734,934)<br>**  |  | &nbsp;&nbsp;&nbsp;&nbsp;168740517 |
| **SHORT-TERM INVESTMENT — 33.4%** | **SHORT-TERM INVESTMENT — 33.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Institutional U.S. Government Money Market Fund, Class G Shares 3.69% (b) (c)<br>(Cost $267,306,467) | 267306467 | &nbsp;&nbsp;&nbsp;&nbsp;267306467 |
| **TOTAL INVESTMENTS — 95.4%<br>(Cost $751,349,217)<br>** | **TOTAL INVESTMENTS — 95.4%<br>(Cost $751,349,217)<br>** | &nbsp;&nbsp;&nbsp;764079057 |
| **OTHER ASSETS IN EXCESS OF LIABILITIES — 4.6% <br>** | **OTHER ASSETS IN EXCESS OF LIABILITIES — 4.6% <br>** | &nbsp;&nbsp;&nbsp;&nbsp;36651533 |
| **NET ASSETS — 100.0%<br>** | **NET ASSETS — 100.0%<br>** | $800730590 |

---

(a) Affiliated fund managed by SSGA Funds Management, Inc. Amounts related to these investments during the period ended January 31, 2026 are shown in the Affiliate Table below.

(b) The Fund invested in certain money market funds managed by SSGA Funds Management, Inc. Amounts related to these investments during the period ended January 31, 2026 are shown in the
Affiliate Table below.

(c) The rate shown is the annualized seven-day yield at January 31, 2026.

At January 31, 2026, open futures contracts were as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of<br> Contracts** | **Expiration<br> Date** | **Notional<br> Amount** | **Value** | **Unrealized<br> Appreciation<br> (Depreciation)** |
| 10 Year U.S. Treasury Note Futures (long) | 1835 | 03/20/2026 | $207290319 | $205204609 | $(2085710) |
| COMEX Gold 100 Troy Ounces Futures (long) | &nbsp;&nbsp;&nbsp;&nbsp;168 | 04/28/2026 | &nbsp;&nbsp;&nbsp;&nbsp;77888817 | &nbsp;&nbsp;&nbsp;&nbsp;79717680 | &nbsp;&nbsp;&nbsp;&nbsp;1828863 |
| Eurex 10 Year Euro BUND Futures (long) | &nbsp;&nbsp;&nbsp;&nbsp;971 | 03/06/2026 | &nbsp;&nbsp;&nbsp;148423297 | &nbsp;&nbsp;&nbsp;148055659 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(367638) |
| Eurex EURO STOXX 50 Futures (long) | 1084 | 03/20/2026 | &nbsp;&nbsp;&nbsp;&nbsp;74749448 | &nbsp;&nbsp;&nbsp;&nbsp;76742975 | &nbsp;&nbsp;&nbsp;&nbsp;1993527 |
| FTSE 100 Index Futures (long) | &nbsp;&nbsp;&nbsp;&nbsp;234 | 03/20/2026 | &nbsp;&nbsp;&nbsp;&nbsp;31502531 | &nbsp;&nbsp;&nbsp;&nbsp;32719155 | &nbsp;&nbsp;&nbsp;&nbsp;1216624 |
| Long Gilt Futures (long) | &nbsp;&nbsp;&nbsp;&nbsp;399 | 03/27/2026 | &nbsp;&nbsp;&nbsp;&nbsp;49946359 | &nbsp;&nbsp;&nbsp;&nbsp;49742909 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(203450) |
| SFE 10 Year Australian Bond Futures (long) | &nbsp;&nbsp;&nbsp;&nbsp;997 | 03/16/2026 | &nbsp;&nbsp;&nbsp;&nbsp;76386373 | &nbsp;&nbsp;&nbsp;&nbsp;76236922 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(149451) |
| SFE S&P ASX Share Price Index 200 Futures (long) | &nbsp;&nbsp;&nbsp;&nbsp;200 | 03/19/2026 | &nbsp;&nbsp;&nbsp;&nbsp;30265351 | &nbsp;&nbsp;&nbsp;&nbsp;30918771 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;653420 |
| TSE TOPIX Futures (long) | &nbsp;&nbsp;&nbsp;&nbsp;172 | 03/12/2026 | &nbsp;&nbsp;&nbsp;&nbsp;38033471 | &nbsp;&nbsp;&nbsp;&nbsp;39883573 | &nbsp;&nbsp;&nbsp;&nbsp;1850102 |
| U.S. Long Bond Futures (long) | &nbsp;&nbsp;&nbsp;&nbsp;870 | 03/20/2026 | &nbsp;&nbsp;&nbsp;101701746 | &nbsp;&nbsp;&nbsp;100158750 | &nbsp;&nbsp;&nbsp;(1542996) |
|  |  |  |  |  | $3193291 |

---

*See accompanying notes to Schedule of Investments.*

------

[**Table of Contents**](#JOB_SSGA__3a2fc2ab-ef6d-4b33-b2d9-d8612fe4dfa1_TOC-LETTERSIZE-STANDARD)

#### STATE STREET BRIDGEWATER ALL WEATHER ETF

#### CONSOLIDATED SCHEDULE OF INVESTMENTS (continued) January 31, 2026 (Unaudited)

------

#### TOTAL RETURN SWAPS

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Pay/Receive<br> Total Return** | **Reference<br> Entity** | **Floating<br> Rate** | **Payment<br> Frequency** | **Currency** | **Notional<br> Amount** | **Maturity<br> Date** | **Counterparty<br> (OTC)** | **Upfront<br> Payments<br> Paid/<br> Received** | **Unrealized<br> Appreciation<br> (Depreciation)** | **Value** |
| Receive | Bloomberg Commodity Index Total Return | U.S. Treasury 3 Month Bill | Quarterly | USD | $16359079 | &nbsp;&nbsp;3/16/2026 | Goldman Sachs & Co. LLC | $— | $1695536 | $1695536 |
| Receive | Bloomberg Commodity Index Total Return | U.S. Treasury 3 Month Bill | Quarterly | USD | $27943731 | &nbsp;&nbsp;6/15/2026 | JPMorgan Securities LLC | $— | $2269855 | $2269855 |
| Receive | Bloomberg Commodity Index Total Return | U.S. Treasury 3 Month Bill | At Maturity | USD | $1900000 | &nbsp;&nbsp;3/16/2026 | BNP Paribas SA | $— | &nbsp;&nbsp;&nbsp;$357052 | &nbsp;&nbsp;&nbsp;$357052 |
| Receive | Bloomberg Commodity Index Total Return | U.S. Treasury 3 Month Bill | Quarterly | USD | $14608277 | &nbsp;&nbsp;9/15/2026 | JPMorgan Securities LLC | $— | $1690829 | $1690829 |
| Receive | Bloomberg Commodity Index Total Return | U.S. Treasury 3 Month Bill | Quarterly | USD | $9924931 | &nbsp;&nbsp;3/16/2026 | Goldman Sachs & Co. LLC | $— | $1148757 | $1148757 |
| Receive | Bloomberg Commodity Index Total Return | U.S. Treasury 3 Month Bill | At Maturity | USD | $11194205 | &nbsp;&nbsp;3/16/2026 | Bank of America NA | $— | $1295669 | $1295669 |
| Receive | Bloomberg Commodity Index Total Return | U.S. Treasury 3 Month Bill | At Maturity | USD | $11354746 | &nbsp;&nbsp;3/16/2026 | Citibank NA | $— | $1314250 | $1314250 |
| Receive | Bloomberg Commodity Index Total Return | U.S. Treasury 3 Month Bill | At Maturity | USD | $13160372 | &nbsp;&nbsp;3/16/2026 | Goldman Sachs & Co. LLC | $— | $1523242 | $1523242 |
| Receive | Bloomberg Commodity Index Total Return | U.S. Treasury 3 Month Bill | Quarterly | USD | $22729899 | &nbsp;&nbsp;9/15/2026 | JPMorgan Securities LLC | $— | $2630862 | $2630862 |
| Receive | Bloomberg Commodity Index Total Return | U.S. Treasury 3 Month Bill | Quarterly | USD | $25575409 | 12/15/2026 | BNP Paribas SA | $— | $2960215 | $2960215 |
| Receive | Bloomberg Commodity Index Total Return | U.S. Treasury 3 Month Bill | At Maturity | USD | $1550000 | &nbsp;&nbsp;3/16/2026 | JPMorgan Securities LLC | $— | &nbsp;&nbsp;&nbsp;$131865 | &nbsp;&nbsp;&nbsp;$131865 |
| Receive | Bloomberg Commodity Index Total Return | U.S. Treasury 3 Month Bill | At Maturity | USD | $2000000 | &nbsp;&nbsp;3/16/2026 | Goldman Sachs & Co. LLC | $— | &nbsp;&nbsp;&nbsp;$164917 | &nbsp;&nbsp;&nbsp;$164917 |
| Receive | Bloomberg Commodity Index Total Return | U.S. Treasury 3 Month Bill | At Maturity | USD | $2028000 | &nbsp;&nbsp;3/16/2026 | Bank of America NA | $— | &nbsp;&nbsp;&nbsp;$149365 | &nbsp;&nbsp;&nbsp;$149365 |
| Receive | Bloomberg Commodity Index Total Return | U.S. Treasury 3 Month Bill | At Maturity | USD | $2893000 | &nbsp;&nbsp;3/16/2026 | BNP Paribas SA | $— | &nbsp;&nbsp;&nbsp;$239575 | &nbsp;&nbsp;&nbsp;$239575 |
| Receive | Bloomberg Commodity Index Total Return | U.S. Treasury 3 Month Bill | At Maturity | USD | &nbsp;&nbsp;&nbsp;$900000 | &nbsp;&nbsp;3/16/2026 | BNP Paribas SA | $— | &nbsp;&nbsp;&nbsp;&nbsp;$77543 | &nbsp;&nbsp;&nbsp;&nbsp;$77543 |
| Receive | Bloomberg Commodity Index Total Return | U.S. Treasury 3 Month Bill | At Maturity | USD | $2731000 | &nbsp;&nbsp;3/16/2026 | Goldman Sachs & Co. LLC | $— | &nbsp;&nbsp;&nbsp;$214983 | &nbsp;&nbsp;&nbsp;$214983 |
| Receive | Bloomberg Commodity Index Total Return | U.S. Treasury 3 Month Bill | At Maturity | USD | &nbsp;&nbsp;&nbsp;$814000 | &nbsp;&nbsp;3/16/2026 | Bank of America NA | $— | &nbsp;&nbsp;&nbsp;&nbsp;$41047 | &nbsp;&nbsp;&nbsp;&nbsp;$41047 |
| Receive | Bloomberg Commodity Index Total Return | U.S. Treasury 3 Month Bill | At Maturity | USD | $1310000 | &nbsp;&nbsp;3/16/2026 | Bank of America NA | $— | &nbsp;&nbsp;&nbsp;&nbsp;$53855 | &nbsp;&nbsp;&nbsp;&nbsp;$53855 |
| Receive | Bloomberg Commodity Index Total Return | U.S. Treasury 3 Month Bill | At Maturity | USD | &nbsp;&nbsp;&nbsp;$560000 | &nbsp;&nbsp;3/16/2026 | Bank of America NA | $— | &nbsp;&nbsp;&nbsp;&nbsp;$16304 | &nbsp;&nbsp;&nbsp;&nbsp;$16304 |
| **Total** |  |  |  |  |  |  |  | **$—** | **$17975721** | **$17975721** |

---

*See accompanying notes to Schedule of Investments.*

------

[**Table of Contents**](#JOB_SSGA__3a2fc2ab-ef6d-4b33-b2d9-d8612fe4dfa1_TOC-LETTERSIZE-STANDARD)

#### STATE STREET BRIDGEWATER ALL WEATHER ETF

#### CONSOLIDATED SCHEDULE OF INVESTMENTS (continued) January 31, 2026 (Unaudited)

------

The following table summarizes the value of the Fund's investments according to the fair value hierarchy as of January 31, 2026.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Level 1 –<br> Quoted Prices** | **Level 2 –<br> Other Significant<br> Observable Inputs** | **Level 3 –<br> Significant<br> Unobservable Inputs** | **Total** |
| **ASSETS:** |  |  |  |  |
| **INVESTMENTS:** |  |  |  |  |
| U.S. Treasury Obligations<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | $328032073 | $— | $328032073 |
| Mutual Funds and Exchange Traded Products<br>| &nbsp;&nbsp;168740517 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;— | &nbsp;&nbsp;168740517 |
| Short-Term Investment<br>| &nbsp;&nbsp;267306467 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;— | &nbsp;&nbsp;267306467 |
| **TOTAL INVESTMENTS<br>**  | $436046984 | $328032073 | $— | $764079057 |
| **OTHER FINANCIAL INSTRUMENTS:** |  |  |  |  |
| Futures Contracts - Unrealized Appreciation<br>| &nbsp;&nbsp;&nbsp;&nbsp;$7542536 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | $— | &nbsp;&nbsp;&nbsp;&nbsp;$7542536 |
| Futures Contracts - Unrealized Depreciation<br>| &nbsp;&nbsp;&nbsp;&nbsp;(4349245) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(4349245) |
| Total Return Swap Contracts - Unrealized Appreciation<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;17975721 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;17975721 |
| **TOTAL OTHER FINANCIAL INSTRUMENTS:<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;$3193291 | &nbsp;&nbsp;$17975721 | $— | &nbsp;&nbsp;$21169012 |

---

#### Affiliate Table

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Number of<br> Shares Held<br> at<br> 10/31/25** | **Value at<br>10/31/25** | **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> 1/31/26** | **Value at<br>1/31/26** | **Dividend<br> Income** |
| State Street Institutional U.S. Government Money Market Fund, Class G Shares<br>| 243862403 | $243862403 | $109469677 | $86025613 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | 267306467 | $267306467 | $2347595 |
| State Street SPDR Portfolio Emerging Markets ETF<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;580119 | &nbsp;&nbsp;&nbsp;27602062 | &nbsp;&nbsp;&nbsp;&nbsp;5753451 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;1043356 | &nbsp;&nbsp;&nbsp;&nbsp;699164 | &nbsp;&nbsp;&nbsp;34398869 | &nbsp;&nbsp;&nbsp;&nbsp;474285 |
| State Street SPDR Portfolio S&P 500 ETF<br>| &nbsp;&nbsp;&nbsp;1106550 | &nbsp;&nbsp;&nbsp;88789572 | &nbsp;&nbsp;&nbsp;24290593 | &nbsp;&nbsp;&nbsp;4087515 | &nbsp;&nbsp;50028 | &nbsp;&nbsp;1387737 | &nbsp;&nbsp;&nbsp;1356639 | &nbsp;&nbsp;110430415 | &nbsp;&nbsp;&nbsp;&nbsp;277691 |
| State Street SPDR S&P China ETF<br>| &nbsp;&nbsp;&nbsp;&nbsp;185344 | &nbsp;&nbsp;&nbsp;18886554 | &nbsp;&nbsp;&nbsp;&nbsp;4965242 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;59437 | &nbsp;&nbsp;&nbsp;&nbsp;234309 | &nbsp;&nbsp;&nbsp;&nbsp;23911233 | &nbsp;&nbsp;&nbsp;&nbsp;268827 |
| Total<br>|  | $379140591 | $144478963 | $90113128 | $50028 | $2490530 |  | $436046984 | $3368398 |

---

*See accompanying notes to Schedule of Investments.*

------

[**Table of Contents**](#JOB_SSGA__3a2fc2ab-ef6d-4b33-b2d9-d8612fe4dfa1_TOC-LETTERSIZE-STANDARD)

#### STATE STREET IG PUBLIC & PRIVATE CREDIT ETF

#### SCHEDULE OF INVESTMENTS

#### January 31, 2026 (Unaudited)

------

---

| | | |
|:---|:---|:---|
| **Security Description** | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Value** |
| **CORPORATE BONDS & NOTES — 43.7%** | **CORPORATE BONDS & NOTES — 43.7%** | **CORPORATE BONDS & NOTES — 43.7%** |
| **AEROSPACE & DEFENSE — 2.1%** | **AEROSPACE & DEFENSE — 2.1%** | **AEROSPACE & DEFENSE — 2.1%** |
| AP Hermes Holdings SARL<br>6.25%, 7/25/2048 (a) (b)<br>| &nbsp;&nbsp;&nbsp;&nbsp;$297408 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$361949 |
| Boeing Co.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.95%, 2/1/2030<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;123345 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 2/1/2035<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;113779 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.30%, 5/1/2029<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;863000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;916696 |
| Howmet Aerospace, Inc.<br>4.85%, 10/15/2031<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;345000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;353994 |
| RTX Corp.<br>6.10%, 3/15/2034<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;223757 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2093520 |
| **AGRICULTURE — 0.7%** | **AGRICULTURE — 0.7%** | **AGRICULTURE — 0.7%** |
| BAT Capital Corp.<br>6.00%, 2/20/2034<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;155000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;165644 |
| Imperial Brands Finance PLC<br>5.50%, 2/1/2030 (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;258000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;267631 |
| Philip Morris International, Inc.<br>4.90%, 11/1/2034<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;292000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;293556 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;726831 |
| **AIRLINES — 1.5%** | **AIRLINES — 1.5%** | **AIRLINES — 1.5%** |
| AP Fides Holdings LLC<br>Series A-1, 6.00%, 11/30/2048 (a) (b)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1193068 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1474333 |
| **AUTO MANUFACTURERS — 0.2%** | **AUTO MANUFACTURERS — 0.2%** | **AUTO MANUFACTURERS — 0.2%** |
| Daimler Truck Finance North America LLC<br>5.38%, 6/25/2034 (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152954 |
| General Motors Co.<br>5.00%, 4/1/2035<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55080 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;208034 |
| **AUTO PARTS & EQUIPMENT — 0.6%** | **AUTO PARTS & EQUIPMENT — 0.6%** | **AUTO PARTS & EQUIPMENT — 0.6%** |
| Aptiv Swiss Holdings Ltd.<br>5.15%, 9/13/2034<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;558000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;563128 |
| **BANKS — 4.6%** | **BANKS — 4.6%** | **BANKS — 4.6%** |
| Banco Santander SA<br>6.92%, 8/8/2033<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104871 |
| Bank of America Corp.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series MTN, 3 mo. USD Term SOFR + 1.44%, 3.19%, 7/23/2030 (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97674 |
| &nbsp;&nbsp;&nbsp;&nbsp;SOFR + 1.11%, 4.62%, 5/9/2029 (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57752 |
| &nbsp;&nbsp;&nbsp;&nbsp;SOFR + 1.31%, 5.51%, 1/24/2036 (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35281 |
| Barclays PLC: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;SOFR + 0.96%, 5.09%, 2/25/2029 (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152820 |
| &nbsp;&nbsp;&nbsp;&nbsp;SOFR + 1.91%, 5.34%, 9/10/2035 (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;179000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;181098 |
| Citizens Financial Group, Inc.<br>2.64%, 9/30/2032<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;236000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205542 |

---

---

| | | |
|:---|:---|:---|
| **Security Description** | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Value** |
| Goldman Sachs Group, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;SOFR + 1.08%, 5.21%, 1/28/2031 (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;$143000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$147410 |
| &nbsp;&nbsp;&nbsp;&nbsp;SOFR + 1.38%, 5.54%, 1/28/2036 (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69245 |
| HSBC Holdings PLC<br>3 mo. USD Term SOFR + 1.87%, 3.97%, 5/22/2030 (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;148435 |
| JPMorgan Chase & Co.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;SOFR + 1.75%, 4.57%, 6/14/2030 (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57677 |
| &nbsp;&nbsp;&nbsp;&nbsp;SOFR + 1.32%, 5.50%, 1/24/2036 (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;215286 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.75%, 9/1/2030<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160190 |
| M&T Bank Corp.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;SOFR + 1.85%, 5.05%, 1/27/2034 (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136369 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series MTN, SOFR + 1.61%, 5.39%, 1/16/2036 (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;498000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;505236 |
| Manufacturers & Traders Trust Co.<br>3.40%, 8/17/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50509 |
| Morgan Stanley<br>SOFR + 1.42%, 5.59%, 1/18/2036 (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;215183 |
| Morgan Stanley Private Bank NA<br>SOFR + 1.08%, 4.73%, 7/18/2031 (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;746000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;755713 |
| Santander Holdings USA, Inc.<br>SOFR + 2.70%, 6.57%, 6/12/2029 (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142183 |
| U.S. Bancorp: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series MTN, SOFR + 2.11%, 4.97%, 7/22/2033 (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;237000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;238756 |
| &nbsp;&nbsp;&nbsp;&nbsp;SOFR + 1.25%, 5.10%, 7/23/2030 (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;213071 |
| &nbsp;&nbsp;&nbsp;&nbsp;SOFR + 1.41%, 5.42%, 2/12/2036 (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;238000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;246218 |
| UBS AG<br>5.65%, 9/11/2028<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;156462 |
| Wells Fargo & Co.<br>SOFR + 1.38%, 5.21%, 12/3/2035 (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;313000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;317404 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4610385 |
| **BEVERAGES — 0.5%** | **BEVERAGES — 0.5%** | **BEVERAGES — 0.5%** |
| Anheuser-Busch InBev Worldwide, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 6/1/2030<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;173000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;169009 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 6/15/2034<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;167000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171806 |
| Diageo Capital PLC<br>3.88%, 5/18/2028<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150008 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;490823 |
| **BIOTECHNOLOGY — 0.7%** | **BIOTECHNOLOGY — 0.7%** | **BIOTECHNOLOGY — 0.7%** |
| Amgen, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.77%, 9/1/2053<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17878 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 3/2/2033<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;239000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;247260 |

---

*See accompanying notes to Schedule of Investments.*

------

[**Table of Contents**](#JOB_SSGA__3a2fc2ab-ef6d-4b33-b2d9-d8612fe4dfa1_TOC-LETTERSIZE-STANDARD)

#### STATE STREET IG PUBLIC & PRIVATE CREDIT ETF

#### SCHEDULE OF INVESTMENTS (continued) January 31, 2026 (Unaudited)

------

---

| | | |
|:---|:---|:---|
| **Security Description** | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Value** |
| Gilead Sciences, Inc.<br>5.10%, 6/15/2035<br>| &nbsp;&nbsp;&nbsp;&nbsp;$400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$409280 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;674418 |
| **COMMERCIAL SERVICES — 0.4%** | **COMMERCIAL SERVICES — 0.4%** | **COMMERCIAL SERVICES — 0.4%** |
| Verisk Analytics, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 6/5/2034<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;385000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;392765 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 6/15/2045<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48495 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;441260 |
| **COMPUTERS — 0.0% <sup>\*</sup>** | **COMPUTERS — 0.0% <sup>\*</sup>** | **COMPUTERS — 0.0% <sup>\*</sup>** |
| International Business Machines Corp.<br>2.85%, 5/15/2040<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37504 |
| **CONSTRUCTION MATERIALS — 0.5%** | **CONSTRUCTION MATERIALS — 0.5%** | **CONSTRUCTION MATERIALS — 0.5%** |
| Carlisle Cos., Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 9/15/2035<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19322 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.55%, 9/15/2040<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56744 |
| Carrier Global Corp.<br>5.90%, 3/15/2034<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;197000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;210871 |
| Owens Corning<br>3.95%, 8/15/2029<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;181000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;179742 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;466679 |
| **DISTRIBUTION & WHOLESALE — 0.1%** | **DISTRIBUTION & WHOLESALE — 0.1%** | **DISTRIBUTION & WHOLESALE — 0.1%** |
| LKQ Corp.<br>6.25%, 6/15/2033<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98355 |
| **DIVERSIFIED FINANCIAL SERVICES — 0.9%** | **DIVERSIFIED FINANCIAL SERVICES — 0.9%** | **DIVERSIFIED FINANCIAL SERVICES — 0.9%** |
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust<br>5.38%, 12/15/2031<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;261000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;269884 |
| Ally Financial, Inc.<br>SOFR + 1.73%, 5.54%, 1/17/2031 (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;156000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;159593 |
| American Express Co.<br>SOFR + 1.63%, 5.92%, 4/25/2035 (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31747 |
| Blackrock, Inc.<br>4.75%, 5/25/2033<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76493 |
| Charles Schwab Corp.<br>4.00%, 2/1/2029<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;329000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;330665 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;868382 |
| **ELECTRIC — 2.1%** | **ELECTRIC — 2.1%** | **ELECTRIC — 2.1%** |
| American Electric Power Co., Inc.<br>5.63%, 3/1/2033<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;261888 |
| Duke Energy Corp.<br>2.45%, 6/1/2030<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;268000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;248851 |
| Duke Energy Ohio, Inc.<br>5.25%, 4/1/2033<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;128000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;132342 |
| Emera U.S. Finance LP<br>2.64%, 6/15/2031<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90496 |
| Exelon Corp.<br>4.05%, 4/15/2030<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;165000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;163497 |
| FirstEnergy Transmission LLC<br>4.55%, 1/15/2030<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;168000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;168936 |

---

---

| | | |
|:---|:---|:---|
| **Security Description** | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Value** |
| Georgia Power Co.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.55%, 3/15/2030<br>| &nbsp;&nbsp;&nbsp;&nbsp;$199000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$201981 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.70%, 5/15/2032<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57758 |
| NRG Energy, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.73%, 10/15/2030 (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192058 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.41%, 10/15/2035 (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98491 |
| Ohio Power Co.<br>5.65%, 6/1/2034<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;141652 |
| Pacific Gas & Electric Co.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.20%, 3/1/2029<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;107506 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.55%, 5/15/2029<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;268689 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2134145 |
| **ELECTRONICS — 0.3%** | **ELECTRONICS — 0.3%** | **ELECTRONICS — 0.3%** |
| Honeywell International, Inc.<br>5.00%, 3/1/2035<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;348000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;353652 |
| **FOOD — 1.7%** | **FOOD — 1.7%** | **FOOD — 1.7%** |
| Campbell's Co.<br>5.40%, 3/21/2034<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;358000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;363030 |
| J.M. Smucker Co.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.13%, 3/15/2032<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;263000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228053 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 3/15/2035<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;193000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;182066 |
| JBS NV/JBS USA Foods Group Holdings, Inc./JBS USA Food Co. Holdings<br>5.95%, 4/20/2035<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;852000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;894438 |
| Sysco Corp.<br>4.45%, 3/15/2048<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11040 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1678627 |
| **GAS — 0.9%** | **GAS — 0.9%** | **GAS — 0.9%** |
| NiSource, Inc.<br>5 yr. CMT + 2.04%, 5.75%, 7/15/2056 (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;863000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;868092 |
| **HEALTH CARE SERVICES — 1.5%** | **HEALTH CARE SERVICES — 1.5%** | **HEALTH CARE SERVICES — 1.5%** |
| Centene Corp.<br>2.45%, 7/15/2028<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;570000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;536182 |
| Cigna Group<br>3.05%, 10/15/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19732 |
| Elevance Health, Inc.<br>5.50%, 10/15/2032<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103597 |
| HCA, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.13%, 3/15/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85193 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 3/1/2032<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;496000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;516916 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 3/1/2035<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36590 |
| UnitedHealth Group, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.80%, 1/15/2030<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101241 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.30%, 6/15/2035<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73060 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1472511 |
| **HOUSEHOLD PRODUCTS — 0.2%** | **HOUSEHOLD PRODUCTS — 0.2%** | **HOUSEHOLD PRODUCTS — 0.2%** |
| Haleon U.S. Capital LLC: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 3/24/2032<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;263000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250381 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 3/24/2052<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8651 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;259032 |

---

*See accompanying notes to Schedule of Investments.*

------

[**Table of Contents**](#JOB_SSGA__3a2fc2ab-ef6d-4b33-b2d9-d8612fe4dfa1_TOC-LETTERSIZE-STANDARD)

#### STATE STREET IG PUBLIC & PRIVATE CREDIT ETF

#### SCHEDULE OF INVESTMENTS (continued) January 31, 2026 (Unaudited)

------

---

| | | |
|:---|:---|:---|
| **Security Description** | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Value** |
| **HOUSEHOLD PRODUCTS & WARES — 0.5%** | **HOUSEHOLD PRODUCTS & WARES — 0.5%** | **HOUSEHOLD PRODUCTS & WARES — 0.5%** |
| Church & Dwight Co., Inc.<br>5.60%, 11/15/2032<br>| &nbsp;&nbsp;&nbsp;&nbsp;$517000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$549457 |
| **INSURANCE — 1.2%** | **INSURANCE — 1.2%** | **INSURANCE — 1.2%** |
| Arthur J Gallagher & Co.<br>5.00%, 2/15/2032<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;316000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;322677 |
| Athene Global Funding<br>5.58%, 1/9/2029 (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52468 |
| Athene Holding Ltd.<br>6.65%, 2/1/2033<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;157000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170138 |
| Corebridge Financial, Inc.<br>3.90%, 4/5/2032<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;480000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;456888 |
| Lincoln National Corp.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.05%, 1/15/2030<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10483 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.85%, 3/15/2034<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97037 |
| Marsh & McLennan Cos., Inc.<br>4.65%, 3/15/2030<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76355 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1186046 |
| **INTERNET — 0.5%** | **INTERNET — 0.5%** | **INTERNET — 0.5%** |
| Alphabet, Inc.<br>4.10%, 11/15/2030<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;225000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;225256 |
| Expedia Group, Inc.<br>2.95%, 3/15/2031<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;159000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;147975 |
| Meta Platforms, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.20%, 11/15/2030<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63877 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.60%, 11/15/2032<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68128 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;505236 |
| **INVESTMENT COMPANY SECURITIES — 0.6%** | **INVESTMENT COMPANY SECURITIES — 0.6%** | **INVESTMENT COMPANY SECURITIES — 0.6%** |
| ARES Capital Corp.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.88%, 6/15/2028<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99834 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 3/1/2029<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;259000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;265599 |
| Blackstone Private Credit Fund<br>6.00%, 1/29/2032<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203524 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;568957 |
| **IRON/STEEL — 0.8%** | **IRON/STEEL — 0.8%** | **IRON/STEEL — 0.8%** |
| ArcelorMittal SA<br>6.00%, 6/17/2034<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;702000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;751456 |
| Vale Overseas Ltd.<br>6.40%, 6/28/2054<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35944 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;787400 |
| **IT SERVICES — 1.7%** | **IT SERVICES — 1.7%** | **IT SERVICES — 1.7%** |
| Apple, Inc.<br>4.75%, 5/12/2035<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29616 |
| CGI, Inc.<br>4.95%, 3/14/2030<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;118505 |
| IBM International Capital Pte. Ltd.<br>4.60%, 2/5/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;147000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;147989 |
| Leidos, Inc.<br>5.40%, 3/15/2032<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;354000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;367448 |
| NetApp, Inc.<br>5.50%, 3/17/2032<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;987000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1024516 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1688074 |

---

---

| | | |
|:---|:---|:---|
| **Security Description** | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Value** |
| **LEISURE TIME — 0.1%** | **LEISURE TIME — 0.1%** | **LEISURE TIME — 0.1%** |
| Royal Caribbean Cruises Ltd.<br>5.38%, 1/15/2036<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$91000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$91136 |
| **LODGING — 0.6%** | **LODGING — 0.6%** | **LODGING — 0.6%** |
| Hyatt Hotels Corp.<br>4.38%, 9/15/2028<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38132 |
| Sands China Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.85%, 3/8/2029<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108586 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.40%, 8/8/2028<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;466000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;475208 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;621926 |
| **MACHINERY-DIVERSIFIED — 0.1%** | **MACHINERY-DIVERSIFIED — 0.1%** | **MACHINERY-DIVERSIFIED — 0.1%** |
| Ingersoll Rand, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.31%, 6/15/2031<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104195 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.45%, 6/15/2034<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48702 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152897 |
| **MEDIA — 0.3%** | **MEDIA — 0.3%** | **MEDIA — 0.3%** |
| Charter Communications Operating LLC/Charter Communications Operating Capital<br>6.65%, 2/1/2034<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;284000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;299009 |
| **MINING — 0.3%** | **MINING — 0.3%** | **MINING — 0.3%** |
| Glencore Funding LLC<br>5.63%, 4/4/2034 (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;329000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;343999 |
| **OIL & GAS — 1.5%** | **OIL & GAS — 1.5%** | **OIL & GAS — 1.5%** |
| BP Capital Markets America, Inc.<br>5.23%, 11/17/2034<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;698000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;719219 |
| Diamondback Energy, Inc.<br>5.40%, 4/18/2034<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;357000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;365904 |
| Ovintiv, Inc.<br>6.25%, 7/15/2033<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;379000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;402449 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1487572 |
| **PHARMACEUTICALS — 1.4%** | **PHARMACEUTICALS — 1.4%** | **PHARMACEUTICALS — 1.4%** |
| AbbVie, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.30%, 5/14/2036<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45902 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.95%, 3/15/2031<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;345000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;356268 |
| Bayer U.S. Finance LLC<br>6.38%, 11/21/2030 (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;321498 |
| CVS Health Corp.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 7/20/2035<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93810 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.55%, 6/1/2031<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142207 |
| Eli Lilly & Co.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.90%, 2/12/2032<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;179000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185150 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.55%, 3/15/2037<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21354 |
| Pfizer Investment Enterprises Pte. Ltd.<br>4.75%, 5/19/2033<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;201046 |
| Pfizer, Inc.<br>4.00%, 12/15/2036<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29000 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1396235 |
| **PIPELINES — 2.8%** | **PIPELINES — 2.8%** | **PIPELINES — 2.8%** |
| AP Chia Issuer LLC<br>7.25%, 5/23/2050 (a) (b)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1920534 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1958945 |

---

*See accompanying notes to Schedule of Investments.*

------

[**Table of Contents**](#JOB_SSGA__3a2fc2ab-ef6d-4b33-b2d9-d8612fe4dfa1_TOC-LETTERSIZE-STANDARD)

#### STATE STREET IG PUBLIC & PRIVATE CREDIT ETF

#### SCHEDULE OF INVESTMENTS (continued) January 31, 2026 (Unaudited)

------

---

| | | |
|:---|:---|:---|
| **Security Description** | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Value** |
| Energy Transfer LP<br>3.75%, 5/15/2030<br>| &nbsp;&nbsp;&nbsp;&nbsp;$168000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$163652 |
| Enterprise Products Operating LLC: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.85%, 1/31/2034<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186567 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.35%, 1/31/2033<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81384 |
| ONEOK, Inc.<br>5.05%, 11/1/2034<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;304000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300753 |
| Williams Cos., Inc.<br>5.60%, 3/15/2035<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150571 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2841872 |
| **PRIVATE CREDIT SECURITIES — 3.8%** | **PRIVATE CREDIT SECURITIES — 3.8%** | **PRIVATE CREDIT SECURITIES — 3.8%** |
| AGL Energy Ltd.<br>7.91%, 12/8/2035 (b)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1624000 |
| AP Grange Holdings LLC<br>6.50%, 3/20/2045 (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1507378 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1477804 |
| AP Oryx Holdings LLC<br>6.10%, 9/8/2043 (a) (b)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;710546 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;717652 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3819456 |
| **REAL ESTATE INVESTMENT TRUSTS — 2.5%** | **REAL ESTATE INVESTMENT TRUSTS — 2.5%** | **REAL ESTATE INVESTMENT TRUSTS — 2.5%** |
| COPT Defense Properties LP<br>2.75%, 4/15/2031<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;146208 |
| Digital Realty Trust LP<br>3.60%, 7/1/2029<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;156979 |
| Essex Portfolio LP<br>3.00%, 1/15/2030<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61811 |
| SBA Communications Corp.<br>3.88%, 2/15/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1985760 |
| UDR, Inc.<br>Series MTN, 3.20%, 1/15/2030<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;162000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;155810 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2506568 |
| **RETAIL — 0.9%** | **RETAIL — 0.9%** | **RETAIL — 0.9%** |
| AutoNation, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.85%, 3/1/2032<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;109000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102821 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.45%, 1/15/2029<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87119 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.89%, 3/15/2035<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;132000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136836 |
| AutoZone, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 2/1/2028<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100920 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.55%, 11/1/2033<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59753 |
| Dick's Sporting Goods, Inc.<br>3.15%, 1/15/2032<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;112000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103142 |
| O'Reilly Automotive, Inc.<br>5.00%, 8/19/2034<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;372000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;374039 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;964630 |
| **SEMICONDUCTORS — 0.9%** | **SEMICONDUCTORS — 0.9%** | **SEMICONDUCTORS — 0.9%** |
| Intel Corp.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.60%, 8/12/2028<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53713 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.15%, 8/5/2032<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;147249 |
| Marvell Technology, Inc.<br>5.95%, 9/15/2033<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;211555 |
| Micron Technology, Inc.<br>5.88%, 9/15/2033<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;469000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;499039 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;911556 |

---

---

| | | |
|:---|:---|:---|
| **Security Description** | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Value** |
| **SHIPBUILDING — 0.0% <sup>\*</sup>** | **SHIPBUILDING — 0.0% <sup>\*</sup>** | **SHIPBUILDING — 0.0% <sup>\*</sup>** |
| Huntington Ingalls Industries, Inc.<br>4.20%, 5/1/2030<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$41000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$40685 |
| **SOFTWARE — 3.0%** | **SOFTWARE — 3.0%** | **SOFTWARE — 3.0%** |
| Fiserv, Inc.<br>3.20%, 7/1/2026<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;863000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;859686 |
| MSCI, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 11/15/2029 (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;324000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;317387 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 9/1/2035<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;148000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;148497 |
| ROBLOX Corp.<br>3.88%, 5/1/2030 (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;690000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;660675 |
| Synopsys, Inc.<br>5.15%, 4/1/2035<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;875000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;887031 |
| Take-Two Interactive Software, Inc.<br>4.00%, 4/14/2032<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;121000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117322 |
| Workday, Inc.<br>3.80%, 4/1/2032<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53479 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3044077 |
| **TELECOMMUNICATIONS — 0.7%** | **TELECOMMUNICATIONS — 0.7%** | **TELECOMMUNICATIONS — 0.7%** |
| AT&T, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.55%, 12/1/2033<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;306000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260186 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.10%, 2/1/2043<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18229 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 8/15/2035<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;121000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;123433 |
| Deutsche Telekom International Finance BV<br>4.75%, 6/21/2038 (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;231000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;222331 |
| T-Mobile USA, Inc.<br>4.70%, 1/15/2035<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69439 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;693618 |
| **TOTAL CORPORATE BONDS & NOTES<br>(Cost $43,447,660)<br>**  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44020117 |
| **ASSET-BACKED SECURITIES — 8.4%** |  |  |
| **AUTOMOBILE — 2.9%** |  |  |
| GM Financial Automobile Leasing Trust<br>Series 2024-3, Class A4, 4.22%, 10/20/2028<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1003632 |
| Luxury Lease Partners Auto Lease Trust<br>Series 2025-A, Class A, 5.51%, 3/15/2032 (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;922588 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;922314 |
| MP LLC<br>Series 2025-1A, Class A, 5.55%, 11/15/2065 (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;994761 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000874 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2926820 |
| **HOME EQUITY ABS — 1.9%** |  |  |
| RCKT Mortgage Trust: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-CES9, Class M1, 6.28%, 12/25/2044 (a) (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;759852 |

---

*See accompanying notes to Schedule of Investments.*

------

[**Table of Contents**](#JOB_SSGA__3a2fc2ab-ef6d-4b33-b2d9-d8612fe4dfa1_TOC-LETTERSIZE-STANDARD)

#### STATE STREET IG PUBLIC & PRIVATE CREDIT ETF

#### SCHEDULE OF INVESTMENTS (continued) January 31, 2026 (Unaudited)

------

---

| | | |
|:---|:---|:---|
| **Security Description** | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-CES3, Class M2, 7.01%, 5/25/2044 (a) (c)<br>| &nbsp;&nbsp;$1100000 | &nbsp;&nbsp;&nbsp;&nbsp;$1117601 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1877453 |
| **OTHER ABS — 3.0%** |  |  |
| Pagaya AI Debt Grantor Trust<br>Series 2026-1, Class B, 5.37%, 9/15/2033 (a) (d)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500000 |
| PK ALIFT Loan Funding 3 LP<br>Series 2024-1, Class D, 7.49%, 9/15/2039 (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1272296 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1320991 |
| PK Alift Loan Funding 7 LP<br>Series 2025-2, Class D, 6.01%, 3/15/2043 (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;721026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;716249 |
| Rad CLO 25 Ltd.<br>Series 2024-25A, Class D1, 3 mo. USD Term SOFR + 3.15%, 6.82%, 7/20/2037 (a) (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;397360 |
| SunStrong Issuer LLC<br>Series 2025-A, Class A, 6.19%, 6/21/2055 (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106666 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;109554 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3044154 |
| **STUDENT LOAN ABS — 0.6%** |  |  |
| Ascent Education Funding Trust<br>Series 2024-A, Class C, 8.01%, 10/25/2050 (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;595000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;608622 |
| **TOTAL ASSET-BACKED SECURITIES<br>(Cost $8,400,903)<br>**  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8457049 |
| **U.S. GOVERNMENT AGENCY OBLIGATIONS — 19.9%** | **U.S. GOVERNMENT AGENCY OBLIGATIONS — 19.9%** |  |
| Federal Home Loan Mortgage Corp.: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.00%, 12/1/2051<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2201612 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1796441 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 5/1/2051<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2722004 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2313753 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 5/1/2055<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6701382 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6699408 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 7/1/2055<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2923231 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2933075 |
| Federal National Mortgage Association: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 10/1/2054<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3749265 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3672782 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 2/1/2055<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2617431 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2655189 |
| **TOTAL U.S. GOVERNMENT AGENCY OBLIGATIONS<br>(Cost $19,691,689)<br>**  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20070648 |
| **U.S. TREASURY OBLIGATIONS — 14.5%** |  |  |
| U.S. Treasury Bonds: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 2/15/2055<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1784000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1708459 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 8/15/2055<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2026000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1981048 |
| U.S. Treasury Notes: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 6/30/2030<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4908000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4931389 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 2/15/2035<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5740000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5921169 |
| **TOTAL U.S. TREASURY OBLIGATIONS<br>(Cost $14,715,351)<br>**  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14542065 |

---

---

| | | |
|:---|:---|:---|
| **Security Description** | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Value** |
| **MORTGAGE-BACKED SECURITIES — 10.0%** | **MORTGAGE-BACKED SECURITIES — 10.0%** |  |
| A&D Mortgage Trust Series 2025-NQM4, Class A1, CMO, 5.23%, 10/25/2070 (a) (e)<br>| &nbsp;&nbsp;$1465776 | &nbsp;&nbsp;&nbsp;&nbsp;$1473627 |
| Arbor Realty Commercial Real Estate Notes LLC Series 2025-FL1, Class B, 1 mo. USD Term SOFR + 2.29%, 5.97%, 1/20/2043 (a) (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1005524 |
| Greystone CRE Notes HC-4 LLC Series 2025-HC4, Class AS, 1 mo. USD Term SOFR + 2.24%, 5.92%, 10/15/2042 (a) (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;998331 |
| MF1 LLC Series 2024-FL14, Class C, 1 mo. USD Term SOFR + 3.29%, 6.96%, 3/19/2039 (a) (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500624 |
| MFA Trust Series 2025-NQM1, Class M1, CMO, 6.29%, 3/25/2070 (a) (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;510285 |
| NYMT Loan Trust Series 2025-CP1, Class A2, CMO, 3.75%, 11/25/2069 (a) (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;331014 |
| OBX Trust Series 2025-NQM5, Class A1, CMO, 5.52%, 3/25/2065 (a) (e)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3481704 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3525109 |
| PFP Ltd. Series 2024-11, Class C, 1 mo. USD Term SOFR + 2.99%, 6.66%, 9/17/2039 (a) (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;487812 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;486062 |
| Verus Securitization Trust: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-1, Class M1, 6.67%, 1/25/2069 (a) (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1009548 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-2, Class M1, CMO, 7.39%, 3/25/2068 (a) (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;249617 |
| **TOTAL MORTGAGE-BACKED SECURITIES<br>(Cost $10,040,476)<br>**  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10089741 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** |  |
| **SHORT-TERM INVESTMENT — 3.1%** | **SHORT-TERM INVESTMENT — 3.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Institutional U.S. Government Money Market Fund, Premier Class 3.65% (f) (g)<br>(Cost $3,086,757) | 3086757 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3086757 |
| **TOTAL INVESTMENTS — 99.6%<br>(Cost $99,382,836)<br>** | **TOTAL INVESTMENTS — 99.6%<br>(Cost $99,382,836)<br>** | &nbsp;&nbsp;&nbsp;100266377 |
| **OTHER ASSETS IN EXCESS OF LIABILITIES — 0.4% <br>** | **OTHER ASSETS IN EXCESS OF LIABILITIES — 0.4% <br>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;398297 |
| **NET ASSETS — 100.0%<br>** | **NET ASSETS — 100.0%<br>** | $100664674 |

---

*See accompanying notes to Schedule of Investments.*

------

[**Table of Contents**](#JOB_SSGA__3a2fc2ab-ef6d-4b33-b2d9-d8612fe4dfa1_TOC-LETTERSIZE-STANDARD)

#### STATE STREET IG PUBLIC & PRIVATE CREDIT ETF

#### SCHEDULE OF INVESTMENTS (continued) January 31, 2026 (Unaudited)

------

(a) Securities purchased pursuant to Rule 144A of the Securities Act of 1933, as amended. These securities, which represent 26.0% of net assets as of January 31, 2026, may be resold in
transactions exempt from registration, normally to qualified institutional buyers.

(b) Fair valued as determined in good faith by the Trust's Oversight Committee in accordance with policy and procedures approved by the Board of Trustees. Security value is determined
based on significant unobservable inputs and is classified as Level 3. As of January 31, 2026, total aggregate fair value of the securities is $6,136,879, representing 6.10% of the Fund's net assets.

(c) Variable Rate Security - Interest rate shown is rate in effect at January 31, 2026. For securities based on a published reference rate and spread, the reference rate and spread are
indicated in the description above.

(d) When-issued security.

(e) Step-up bond - Coupon rate increases in increments to maturity. Rate shown as of January 31, 2026. Maturity date shown is the final maturity.

(f) The Fund invested in certain money market funds managed by SSGA Funds Management, Inc. Amounts related to these investments during the period ended January 31, 2026 are shown in the
Affiliate Table below.

(g) The rate shown is the annualized seven-day yield at January 31, 2026.

\* Amount is less than 0.05% of net assets.

---

| | |
|:---|:---|
| Abbreviations: |  |
| ABS | Asset-Backed Security |
| CLO | Collateralized Loan Obligation |
| CMO | Collateralized Mortgage Obligation |
| CMT | Constant Maturity Treasury |
| MTN | Medium Term Note |
| SOFR | Secured Overnight Financing Rate |

---

At January 31, 2026, 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)** |
| Societe Generale | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EUR1,718,571 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USD2,014,361 | &nbsp;&nbsp;&nbsp;&nbsp;03/09/2026 | &nbsp;&nbsp;&nbsp;&nbsp;$(33405) |

---

---

| | |
|:---|:---|
| EUR | Euro |

---

At January 31, 2026, open futures contracts were as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of<br> Contracts** | **Expiration<br> Date** | **Notional<br> Amount** | **Value** | **Unrealized<br> Appreciation<br> (Depreciation)** |
| 5 Yr. U.S. Treasury Note Futures (long) | 207 | 03/31/2026 | $22681233 | $22548445 | $(132788) |
| Ultra U.S. Treasury Bond Futures (long) | &nbsp;&nbsp;&nbsp;19 | 03/20/2026 | &nbsp;&nbsp;&nbsp;&nbsp;2282983 | &nbsp;&nbsp;&nbsp;&nbsp;2231313 | &nbsp;&nbsp;&nbsp;&nbsp;(51670) |
|  |  |  |  |  | $(184458) |

---

*See accompanying notes to Schedule of Investments.*

------

[**Table of Contents**](#JOB_SSGA__3a2fc2ab-ef6d-4b33-b2d9-d8612fe4dfa1_TOC-LETTERSIZE-STANDARD)

#### STATE STREET IG PUBLIC & PRIVATE CREDIT ETF

#### SCHEDULE OF INVESTMENTS (continued) January 31, 2026 (Unaudited)

------

The following table summarizes the value of the Fund's investments according to the fair value hierarchy as of January 31, 2026.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **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;$— | $37883238 | $6136879 | &nbsp;&nbsp;$44020117 |
| Asset-Backed Securities<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;8457049 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8457049 |
| U.S. Government Agency Obligations<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;20070648 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;20070648 |
| U.S. Treasury Obligations<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;14542065 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;14542065 |
| Mortgage-Backed Securities<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;10089741 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;10089741 |
| Short-Term Investment<br>| &nbsp;&nbsp;3086757 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3086757 |
| **TOTAL INVESTMENTS<br>**  | $3086757 | $91042741 | $6136879 | $100266377 |
| **OTHER FINANCIAL INSTRUMENTS:** |  |  |  |  |
| Forward Foreign Currency Exchange Contracts -<br>Unrealized Depreciation<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(33405) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(33405) |
| Futures Contracts - Unrealized Depreciation<br>| &nbsp;&nbsp;&nbsp;&nbsp;(184458) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(184458) |
| **TOTAL OTHER FINANCIAL INSTRUMENTS:<br>**  | &nbsp;&nbsp;$(184458) | &nbsp;&nbsp;&nbsp;&nbsp;$(33405) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(217863) |

---

The following table reconciles the valuation of the Fund's Level 3 investment securities and related transactions for the period ended January 31, 2026.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Beginning<br> Value at<br> October 31, 2025** | **Transfers<br> into<br> Level 3\*** | **Purchases** | **Sales** | **Net<br> realized<br> gain/(loss)** | **Change in<br> Unrealized<br> Appreciation/<br> (Depreciation)** | **Transfers<br> out of<br> Level 3** | **Ending<br> Value at<br> January 31, 2026** |
| Corporate Bonds & Notes<br>| $12545257 | $— | $4033227 | $10559025 | $68412 | $49008 | $— | $6136879 |
| Change in net unrealized<br>appreciation (depreciation) on<br>investments still held<br>as of January 31, 2025\*\*<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$42849 |  |  |  |  |  |  |  |

---

\* Transfers into or out of Level 3 are based on the beginning market value of the period in which they occurred. These transfers are the result of changes in the availability of pricing sources and/or in the observability of significant inputs used in valuing the securities.

\*\* Net unrealized depreciation is included in the related amounts on investments in the Fund's Statement of Operations.

#### Significant Unobservable Inputs
The following table summarizes the significant unobservable inputs used to value the Level 3 investments as of January 31, 2026.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type of Investment** | **Fair Value as of<br> January 31, 2026** | **Valuation<br> Technique** | **Unobservable<br> Input** | **Range (Weighted Avg)<sup>(a) (b)</sup>** | **Impact to<br> Valuation from an<br> Increase to Input** |
| Corporate Bonds & Notes<br>| $5437684 | Transaction Approach | Recent Transactions | 101.00%–116.00%; (105.76%) | Increase |
| Corporate Bonds & Notes<br>| &nbsp;&nbsp;&nbsp;$699195 | Discounted Cash Flow | Discount Rate (Mid) | 5.30%–6.81%; (5.91%) | Decrease |

---

(a) Represents the range and weighted average of the unobservable input values.

(b) Weighted average is calculated by weighing the significant unobservable input by the relative fair value of each investment in the category.

*See accompanying notes to Schedule of Investments.*

------

[**Table of Contents**](#JOB_SSGA__3a2fc2ab-ef6d-4b33-b2d9-d8612fe4dfa1_TOC-LETTERSIZE-STANDARD)

#### STATE STREET IG PUBLIC & PRIVATE CREDIT ETF

#### SCHEDULE OF INVESTMENTS (continued) January 31, 2026 (Unaudited)

------

#### Affiliate Table

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Number of<br> Shares Held<br> at<br> 10/31/25** | **Value at<br>10/31/25** | **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> 1/31/26** | **Value at<br>1/31/26** | **Dividend<br> Income** |
| State Street Institutional U.S. Government Money Market Fund, Premier Class<br>| 5462366 | $5462366 | $18153723 | $20529332 | $— | $— | 3086757 | $3086757 | $20531 |

---

*See accompanying notes to Schedule of Investments.*

------

[**Table of Contents**](#JOB_SSGA__3a2fc2ab-ef6d-4b33-b2d9-d8612fe4dfa1_TOC-LETTERSIZE-STANDARD)

#### STATE STREET SHORT DURATION IG PUBLIC & PRIVATE CREDIT ETF

#### SCHEDULE OF INVESTMENTS

#### January 31, 2026 (Unaudited)

------

---

| | | |
|:---|:---|:---|
| **Security Description** | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Value** |
| **CORPORATE BONDS & NOTES — 33.4%** | **CORPORATE BONDS & NOTES — 33.4%** | **CORPORATE BONDS & NOTES — 33.4%** |
| **AEROSPACE & DEFENSE — 1.0%** | **AEROSPACE & DEFENSE — 1.0%** | **AEROSPACE & DEFENSE — 1.0%** |
| AP Hermes Holdings SARL<br>6.25%, 7/25/2048 (a) (b)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$223056 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$271462 |
| Boeing Co.<br>2.70%, 2/1/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;453000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;447441 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;718903 |
| **AGRICULTURE — 0.5%** | **AGRICULTURE — 0.5%** | **AGRICULTURE — 0.5%** |
| BAT Capital Corp.<br>2.26%, 3/25/2028<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;349000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;336443 |
| **AIRLINES — 1.4%** | **AIRLINES — 1.4%** | **AIRLINES — 1.4%** |
| AP Fides Holdings LLC<br>Series A-1, 6.00%, 11/30/2048 (a) (b)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;845090 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1044319 |
| **AUTO MANUFACTURERS — 0.5%** | **AUTO MANUFACTURERS — 0.5%** | **AUTO MANUFACTURERS — 0.5%** |
| General Motors Financial Co., Inc.<br>4.35%, 1/17/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;405000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;405992 |
| **BANKS — 4.5%** | **BANKS — 4.5%** | **BANKS — 4.5%** |
| Bank of America Corp.<br>Series MTN, SOFR + 2.04%, 4.95%, 7/22/2028 (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;546000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;553535 |
| Goldman Sachs Group, Inc.<br>3 mo. USD Term SOFR + 1.77%, 3.69%, 6/5/2028 (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;286000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;284747 |
| JPMorgan Chase & Co.<br>SOFR + 1.89%, 2.18%, 6/1/2028 (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;422000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;412239 |
| M&T Bank Corp.<br>Series MTN, SOFR + 0.93%, 4.83%, 1/16/2029 (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;498000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;505799 |
| Morgan Stanley<br>Series GMTN, 3 mo. USD Term SOFR + 1.40%, 3.77%, 1/24/2029 (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;226762 |
| PNC Financial Services Group, Inc.<br>SOFR + 1.34%, 5.30%, 1/21/2028 (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;369000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;373579 |
| U.S. Bancorp<br>Series MTN, SOFR + 0.73%, 2.22%, 1/27/2028 (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;476000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;468108 |
| Wells Fargo & Co.<br>Series MTN, 3 mo. USD Term SOFR + 1.43%, 3.20%, 6/17/2027 (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;515000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;513450 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3338219 |
| **BIOTECHNOLOGY — 0.2%** | **BIOTECHNOLOGY — 0.2%** | **BIOTECHNOLOGY — 0.2%** |
| Amgen, Inc.<br>3.20%, 11/2/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;166000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;164210 |
| **CHEMICALS — 0.1%** | **CHEMICALS — 0.1%** | **CHEMICALS — 0.1%** |
| Ecolab, Inc.<br>1.65%, 2/1/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97971 |

---

---

| | | |
|:---|:---|:---|
| **Security Description** | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Value** |
| **COMPUTERS — 0.1%** | **COMPUTERS — 0.1%** | **COMPUTERS — 0.1%** |
| Apple, Inc.<br>1.20%, 2/8/2028<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$81000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$77204 |
| **CONSTRUCTION MATERIALS — 0.5%** | **CONSTRUCTION MATERIALS — 0.5%** | **CONSTRUCTION MATERIALS — 0.5%** |
| Carrier Global Corp.<br>2.49%, 2/15/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;224867 |
| Martin Marietta Materials, Inc.<br>3.45%, 6/1/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;149148 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;374015 |
| **COSMETICS/PERSONAL CARE — 0.1%** | **COSMETICS/PERSONAL CARE — 0.1%** | **COSMETICS/PERSONAL CARE — 0.1%** |
| Kenvue, Inc.<br>5.35%, 3/22/2026<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58047 |
| **DIVERSIFIED FINANCIAL SERVICES — 0.9%** | **DIVERSIFIED FINANCIAL SERVICES — 0.9%** | **DIVERSIFIED FINANCIAL SERVICES — 0.9%** |
| Aircastle Ltd.<br>2.85%, 1/26/2028 (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235512 |
| Avolon Holdings Funding Ltd.<br>2.75%, 2/21/2028 (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186346 |
| Charles Schwab Corp.<br>3.20%, 1/25/2028<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;156000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;154296 |
| Jefferies Financial Group, Inc.<br>6.45%, 6/8/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93798 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;669952 |
| **ELECTRIC — 1.9%** | **ELECTRIC — 1.9%** | **ELECTRIC — 1.9%** |
| AEP Transmission Co. LLC<br>3.10%, 12/1/2026<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;143168 |
| Dominion Energy, Inc.<br>Series B, 3.60%, 3/15/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185319 |
| DTE Energy Co.<br>4.95%, 7/1/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230864 |
| Duke Energy Corp.<br>4.85%, 1/5/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;157000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;158458 |
| Entergy Louisiana LLC<br>3.12%, 9/1/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;163000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;161230 |
| Georgia Power Co.<br>3.25%, 3/30/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84554 |
| Pacific Gas & Electric Co.<br>2.10%, 8/1/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199123 |
| Southern California Edison Co.<br>5.85%, 11/1/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;271000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;278688 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1441404 |
| **FOOD — 0.6%** | **FOOD — 0.6%** | **FOOD — 0.6%** |
| Campbell's Co.<br>5.20%, 3/19/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;289000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;292656 |
| Conagra Brands, Inc.<br>1.38%, 11/1/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;143000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136453 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;429109 |
| **HEALTH CARE PRODUCTS — 0.2%** | **HEALTH CARE PRODUCTS — 0.2%** | **HEALTH CARE PRODUCTS — 0.2%** |
| Abbott Laboratories<br>3.75%, 11/30/2026<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;123000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;123071 |
| **HEALTH CARE SERVICES — 0.8%** | **HEALTH CARE SERVICES — 0.8%** | **HEALTH CARE SERVICES — 0.8%** |
| Centene Corp.<br>2.45%, 7/15/2028<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;550000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;517369 |

---

*See accompanying notes to Schedule of Investments.*

------

[**Table of Contents**](#JOB_SSGA__3a2fc2ab-ef6d-4b33-b2d9-d8612fe4dfa1_TOC-LETTERSIZE-STANDARD)

#### STATE STREET SHORT DURATION IG PUBLIC & PRIVATE CREDIT ETF

#### SCHEDULE OF INVESTMENTS (continued) January 31, 2026 (Unaudited)

------

---

| | | |
|:---|:---|:---|
| **Security Description** | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Value** |
| UnitedHealth Group, Inc.<br>5.25%, 2/15/2028<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$78000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$79966 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;597335 |
| **HOUSEHOLD PRODUCTS & WARES — 0.3%** | **HOUSEHOLD PRODUCTS & WARES — 0.3%** | **HOUSEHOLD PRODUCTS & WARES — 0.3%** |
| Church & Dwight Co., Inc.<br>3.15%, 8/1/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;225410 |
| **INSURANCE — 0.3%** | **INSURANCE — 0.3%** | **INSURANCE — 0.3%** |
| Arthur J Gallagher & Co.<br>4.60%, 12/15/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;208000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;210492 |
| Progressive Corp.<br>2.50%, 3/15/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38444 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;248936 |
| **INTERNET — 0.4%** | **INTERNET — 0.4%** | **INTERNET — 0.4%** |
| Expedia Group, Inc.<br>4.63%, 8/1/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;143000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144040 |
| Meta Platforms, Inc.<br>3.50%, 8/15/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;157000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;156744 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300784 |
| **IRON/STEEL — 0.3%** | **IRON/STEEL — 0.3%** | **IRON/STEEL — 0.3%** |
| ArcelorMittal SA<br>6.55%, 11/29/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;231000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240503 |
| **IT SERVICES — 0.5%** | **IT SERVICES — 0.5%** | **IT SERVICES — 0.5%** |
| International Business Machines Corp.<br>4.65%, 2/10/2028<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;355250 |
| **LEISURE TIME — 0.2%** | **LEISURE TIME — 0.2%** | **LEISURE TIME — 0.2%** |
| Carnival Corp.<br>4.00%, 8/1/2028 (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;178184 |
| **LODGING — 1.0%** | **LODGING — 1.0%** | **LODGING — 1.0%** |
| Sands China Ltd.<br>2.30%, 3/8/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;770000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;752136 |
| **MACHINERY-DIVERSIFIED — 0.6%** | **MACHINERY-DIVERSIFIED — 0.6%** | **MACHINERY-DIVERSIFIED — 0.6%** |
| CNH Industrial Capital LLC<br>4.50%, 10/8/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;229523 |
| Ingersoll Rand, Inc.<br>5.20%, 6/15/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;231582 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;461105 |
| **MEDIA — 0.4%** | **MEDIA — 0.4%** | **MEDIA — 0.4%** |
| Charter Communications Operating LLC/Charter Communications Operating Capital<br>4.20%, 3/15/2028<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;283000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;281936 |
| **MINING — 0.3%** | **MINING — 0.3%** | **MINING — 0.3%** |
| Glencore Funding LLC<br>3.88%, 10/27/2027 (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;206427 |
| **OIL & GAS — 0.8%** | **OIL & GAS — 0.8%** | **OIL & GAS — 0.8%** |
| BP Capital Markets America, Inc.<br>5.02%, 11/17/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;209000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;213216 |
| Continental Resources, Inc.<br>4.38%, 1/15/2028<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100111 |

---

---

| | | |
|:---|:---|:---|
| **Security Description** | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Value** |
| Diamondback Energy, Inc.<br>5.20%, 4/18/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$120000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$121673 |
| Phillips 66 Co.<br>4.95%, 12/1/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;189156 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;624156 |
| **PACKAGING & CONTAINERS — 0.2%** | **PACKAGING & CONTAINERS — 0.2%** | **PACKAGING & CONTAINERS — 0.2%** |
| Berry Global, Inc.<br>1.65%, 1/15/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;122000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;119382 |
| **PHARMACEUTICALS — 0.4%** | **PHARMACEUTICALS — 0.4%** | **PHARMACEUTICALS — 0.4%** |
| CVS Health Corp.<br>3.63%, 4/1/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;261000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;259810 |
| **PIPELINES — 2.8%** | **PIPELINES — 2.8%** | **PIPELINES — 2.8%** |
| AP Chia Issuer LLC<br>7.25%, 5/23/2050 (a) (b)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;936846 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;955583 |
| Cheniere Corpus Christi Holdings LLC<br>5.13%, 6/30/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;143000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144353 |
| Enbridge, Inc.<br>3.70%, 7/15/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;143000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142452 |
| Energy Transfer LP<br>6.05%, 12/1/2026<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;316000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;320980 |
| ONEOK, Inc.<br>4.00%, 7/13/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185892 |
| Targa Resources Corp.<br>5.20%, 7/1/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;121854 |
| Williams Cos., Inc.<br>3.75%, 6/15/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185543 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2056657 |
| **PRIVATE CREDIT SECURITIES — 4.3%** | **PRIVATE CREDIT SECURITIES — 4.3%** | **PRIVATE CREDIT SECURITIES — 4.3%** |
| AP Grange Holdings LLC<br>6.50%, 3/20/2045 (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1103616 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1081965 |
| AP Oryx Holdings LLC<br>6.10%, 9/8/2043 (a) (b)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1063717 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1074354 |
| North Haven Private Income Fund LLC<br>8.92%, 3/1/2027 (b)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1027500 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3183819 |
| **REAL ESTATE INVESTMENT TRUSTS — 3.2%** | **REAL ESTATE INVESTMENT TRUSTS — 3.2%** | **REAL ESTATE INVESTMENT TRUSTS — 3.2%** |
| American Homes 4 Rent LP<br>4.25%, 2/15/2028<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96042 |
| Essex Portfolio LP<br>3.63%, 5/1/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110557 |
| Extra Space Storage LP<br>3.88%, 12/15/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;176000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175576 |
| SBA Communications Corp.<br>3.88%, 2/15/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1985760 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2367935 |
| **RETAIL — 0.4%** | **RETAIL — 0.4%** | **RETAIL — 0.4%** |
| AutoNation, Inc.<br>3.80%, 11/15/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;169000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;168052 |
| O'Reilly Automotive, Inc.<br>3.60%, 9/1/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;143000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142211 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;310263 |

---

*See accompanying notes to Schedule of Investments.*

------

[**Table of Contents**](#JOB_SSGA__3a2fc2ab-ef6d-4b33-b2d9-d8612fe4dfa1_TOC-LETTERSIZE-STANDARD)

#### STATE STREET SHORT DURATION IG PUBLIC & PRIVATE CREDIT ETF

#### SCHEDULE OF INVESTMENTS (continued) January 31, 2026 (Unaudited)

------

---

| | | |
|:---|:---|:---|
| **Security Description** | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Value** |
| **SEMICONDUCTORS — 1.4%** | **SEMICONDUCTORS — 1.4%** | **SEMICONDUCTORS — 1.4%** |
| Advanced Micro Devices, Inc.<br>4.32%, 3/24/2028<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$220000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$222545 |
| Marvell Technology, Inc.<br>2.45%, 4/15/2028<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;345000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;333381 |
| SK Hynix, Inc.<br>5.50%, 1/16/2027 (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;506540 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1062466 |
| **SOFTWARE — 1.7%** | **SOFTWARE — 1.7%** | **SOFTWARE — 1.7%** |
| Fiserv, Inc.<br>3.20%, 7/1/2026<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;848000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;844744 |
| Synopsys, Inc.<br>4.65%, 4/1/2028<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;163000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;165091 |
| Workday, Inc.<br>3.50%, 4/1/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;226842 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1236677 |
| **TELECOMMUNICATIONS — 0.6%** | **TELECOMMUNICATIONS — 0.6%** | **TELECOMMUNICATIONS — 0.6%** |
| AT&T, Inc.<br>4.25%, 3/1/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228599 |
| T-Mobile USA, Inc.<br>3.75%, 4/15/2027<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227421 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;456020 |
| **TOTAL CORPORATE BONDS & NOTES<br>(Cost $24,747,138)<br>**  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24804050 |
| **ASSET-BACKED SECURITIES — 11.4%** |  |  |
| **AUTOMOBILE — 4.5%** |  |  |
| GM Financial Automobile Leasing Trust<br>Series 2024-3, Class A4, 4.22%, 10/20/2028<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2007263 |
| GM Financial Consumer Automobile Receivables Trust<br>Series 2024-4, Class A3, 4.40%, 8/16/2029<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;603618 |
| Luxury Lease Partners Auto Lease Trust<br>Series 2025-A, Class A, 5.51%, 3/15/2032 (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230647 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230578 |
| Toyota Auto Receivables Owner Trust<br>Series 2024-A, Class A3, 4.83%, 10/16/2028<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;506233 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;509326 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3350785 |
| **HOME EQUITY ABS — 2.4%** |  |  |
| RCKT Mortgage Trust: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-CES9, Class M1, 6.28%, 12/25/2044 (a) (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;253284 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-CES2, Class M2, 6.77%, 4/25/2044 (a) (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1007767 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-CES3, Class A2, 7.61%, 11/25/2043 (a) (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;505344 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1766395 |

---

---

| | | |
|:---|:---|:---|
| **Security Description** | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Value** |
| **OTHER ABS — 3.8%** |  |  |
| Pagaya AI Debt Grantor Trust<br>Series 2026-1, Class B, 5.37%, 9/15/2033 (a) (d)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$500000 |
| PK ALIFT Loan Funding 3 LP<br>Series 2024-1, Class D, 7.49%, 9/15/2039 (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;636148 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;660495 |
| PK ALIFT Loan Funding 4 LP<br>Series 2024-2, Class D, 6.41%, 10/15/2039 (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;677141 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;694362 |
| PK Alift Loan Funding 7 LP<br>Series 2025-2, Class C, 5.34%, 3/15/2043 (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240342 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;239479 |
| Rad CLO 25 Ltd.<br>Series 2024-25A, Class D1, 3 mo. USD Term SOFR + 3.15%, 6.82%, 7/20/2037 (a) (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;745050 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2839386 |
| **STUDENT LOAN ABS — 0.7%** |  |  |
| Ascent Education Funding Trust<br>Series 2024-A, Class C, 8.01%, 10/25/2050 (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;511446 |
| **TOTAL ASSET-BACKED SECURITIES<br>(Cost $8,458,352)<br>**  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8468012 |
| **U.S. GOVERNMENT AGENCY OBLIGATIONS — 3.5%** | **U.S. GOVERNMENT AGENCY OBLIGATIONS — 3.5%** |  |
| Federal National Mortgage Association: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 1/1/2040<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;946203 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;957364 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 9/1/2040<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1622514 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1641713 |
| **TOTAL U.S. GOVERNMENT AGENCY OBLIGATIONS<br>(Cost $2,603,277)<br>**  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2599077 |
| **U.S. TREASURY OBLIGATIONS — 34.8%** |  |  |
| U.S. Treasury Notes: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 8/15/2028<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12898000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12915130 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 12/31/2028<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12857000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12908227 |
| **TOTAL U.S. TREASURY OBLIGATIONS<br>(Cost $25,796,191)<br>**  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25823357 |
| **MORTGAGE-BACKED SECURITIES — 11.5%** | **MORTGAGE-BACKED SECURITIES — 11.5%** |  |
| Greystone CRE Notes HC-4 LLC Series 2025-HC4, Class AS, 1 mo. USD Term SOFR + 2.24%, 5.92%, 10/15/2042 (a) (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;249583 |
| MF1 LLC Series 2024-FL14, Class C, 1 mo. USD Term SOFR + 3.29%, 6.96%, 3/19/2039 (a) (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500625 |

---

*See accompanying notes to Schedule of Investments.*

------

[**Table of Contents**](#JOB_SSGA__3a2fc2ab-ef6d-4b33-b2d9-d8612fe4dfa1_TOC-LETTERSIZE-STANDARD)

#### STATE STREET SHORT DURATION IG PUBLIC & PRIVATE CREDIT ETF

#### SCHEDULE OF INVESTMENTS (continued) January 31, 2026 (Unaudited)

------

---

| | | |
|:---|:---|:---|
| **Security Description** | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Value** |
| MF1 Trust Series 2024-FL15, Class C, 1 mo. USD Term SOFR + 2.94%, 6.62%, 8/18/2041 (a) (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$804000 |
| Morgan Stanley Residential Mortgage Loan Trust Series 2025-HX1, Class A1, CMO, VRN, 5.96%, 3/25/2070 (a) (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;868017 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;887019 |
| OBX Trust Series 2025-NQM10, Class A1, CMO, 5.45%, 5/25/2065 (a) (e)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3347123 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3384113 |
| PFP Ltd. Series 2024-11, Class C, 1 mo. USD Term SOFR + 2.99%, 6.66%, 9/17/2039 (a) (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;975625 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;972125 |
| Verus Securitization Trust: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2023-2, Class M1, CMO, 7.39%, 3/25/2068 (a) (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;748853 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-INV1, Class M1, CMO, VRN, 6.80%, 3/25/2069 (a) (c)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1016420 |
| **TOTAL MORTGAGE-BACKED SECURITIES<br>(Cost $8,538,119)<br>**  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8562738 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** |  |
| **SHORT-TERM INVESTMENT — 7.3%** | **SHORT-TERM INVESTMENT — 7.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Institutional U.S. Government Money Market Fund, Premier Class 3.65% (f) (g)<br>(Cost $5,388,759) | 5388759 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5388759 |
| **TOTAL INVESTMENTS — 101.9%<br>(Cost $75,531,836)<br>** | **TOTAL INVESTMENTS — 101.9%<br>(Cost $75,531,836)<br>** | &nbsp;&nbsp;&nbsp;&nbsp;75645993 |
| **LIABILITIES IN EXCESS OF OTHER ASSETS — (1.9)% <br>** | **LIABILITIES IN EXCESS OF OTHER ASSETS — (1.9)% <br>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1404502) |
| **NET ASSETS — 100.0%<br>** | **NET ASSETS — 100.0%<br>** | &nbsp;&nbsp;&nbsp;$74241491 |

---

(a) Securities purchased pursuant to Rule 144A of the Securities Act of 1933, as amended. These securities, which represent 26.5% of net assets as of January 31, 2026, may be resold in
transactions exempt from registration, normally to qualified institutional buyers.

(b) Fair valued as determined in good faith by the Trust's Oversight Committee in accordance with policy and procedures approved by the Board of Trustees. Security value is determined
based on significant unobservable inputs and is classified as Level 3. As of January 31, 2026, total aggregate fair value of the securities is $4,373,218, representing 5.90% of the Fund's net assets.

(c) Variable Rate Security - Interest rate shown is rate in effect at January 31, 2026. For securities based on a published reference rate and spread, the reference rate and spread are
indicated in the description above.

(d) When-issued security.

(e) Step-up bond - Coupon rate increases in increments to maturity. Rate shown as of January 31, 2026. Maturity date shown is the final maturity.

(f) The Fund invested in certain money market funds managed by SSGA Funds Management, Inc. Amounts related to these investments during the period ended January 31, 2026 are shown in the
Affiliate Table below.

(g) The rate shown is the annualized seven-day yield at January 31, 2026.

---

| | |
|:---|:---|
| Abbreviations: |  |
| ABS | Asset-Backed Security |
| CLO | Collateralized Loan Obligation |
| CMO | Collateralized Mortgage Obligation |
| GMTN | Global Medium Term Note |
| MTN | Medium Term Note |
| SOFR | Secured Overnight Financing Rate |
| VRN | Variable Rate Note |

---

At January 31, 2026, 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)** |
| Societe Generale | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EUR502,000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USD588,401 | &nbsp;&nbsp;&nbsp;&nbsp;03/09/2026 | &nbsp;&nbsp;&nbsp;&nbsp;$(9758) |
| Societe Generale | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EUR623,000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USD736,628 | &nbsp;&nbsp;&nbsp;&nbsp;03/09/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5709) |
| Total |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;$(15467) |

---

---

| | |
|:---|:---|
| EUR | Euro |

---

*See accompanying notes to Schedule of Investments.*

------

[**Table of Contents**](#JOB_SSGA__3a2fc2ab-ef6d-4b33-b2d9-d8612fe4dfa1_TOC-LETTERSIZE-STANDARD)

#### STATE STREET SHORT DURATION IG PUBLIC & PRIVATE CREDIT ETF

#### SCHEDULE OF INVESTMENTS (continued) January 31, 2026 (Unaudited)

------

At January 31, 2026, open futures contracts were as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of<br> Contracts** | **Expiration<br> Date** | **Notional<br> Amount** | **Value** | **Unrealized<br> Appreciation<br> (Depreciation)** |
| 2 Yr. U.S. Treasury Note Futures (long) | 26 | 03/31/2026 | $5424309 | $5420797 | $(3512) |

---

The following table summarizes the value of the Fund's investments according to the fair value hierarchy as of January 31, 2026.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **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;$— | $20430832 | $4373218 | $24804050 |
| Asset-Backed Securities<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;8468012 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;8468012 |
| U.S. Government Agency Obligations<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;2599077 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;2599077 |
| U.S. Treasury Obligations<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;25823357 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;25823357 |
| Mortgage-Backed Securities<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;8562738 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;8562738 |
| Short-Term Investment<br>| &nbsp;&nbsp;5388759 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;5388759 |
| **TOTAL INVESTMENTS<br>**  | $5388759 | $65884016 | $4373218 | $75645993 |
| **OTHER FINANCIAL INSTRUMENTS:** |  |  |  |  |
| Forward Foreign Currency Exchange Contracts -<br>Unrealized Depreciation<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(15467) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(15467) |
| Futures Contracts - Unrealized Depreciation<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3512) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3512) |
| **TOTAL OTHER FINANCIAL INSTRUMENTS:<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;$(3512) | &nbsp;&nbsp;&nbsp;&nbsp;$(15467) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(18979) |

---

The following table reconciles the valuation of the Fund's Level 3 investment securities and related transactions for the period ended January 31, 2026.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Beginning<br> Value at<br> October 31, 2025** | **Transfers<br> into<br> Level 3\*** | **Purchases** | **Sales** | **Net<br> realized<br> gain/(loss)** | **Change in<br> Unrealized<br> Appreciation/<br> (Depreciation)** | **Transfers<br> out of<br> Level 3** | **Ending<br> Value at<br> January 31, 2026** |
| Corporate Bonds & Notes<br>| $1581317 | $— | $7942822 | $5209738 | $21221 | $37596 | $— | $4373218 |
| Change in net unrealized<br>appreciation (depreciation) on<br>investments still held<br>as of January 31, 2025\*\*<br>| &nbsp;&nbsp;&nbsp;&nbsp;$38243 |  |  |  |  |  |  |  |

---

\* Transfers into or out of Level 3 are based on the beginning market value of the period in which they occurred. These transfers are the result of changes in the availability of pricing sources and/or in the observability of significant inputs used in valuing the securities.

\*\* Net unrealized depreciation is included in the related amounts on investments in the Fund's Statement of Operations.

#### Significant Unobservable Inputs
The following table summarizes the significant unobservable inputs used to value the Level 3 investments as of January 31, 2026.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type of Investment** | **Fair Value as of<br> January 31, 2026** | **Valuation<br> Technique** | **Unobservable<br> Input** | **Range (Weighted Avg)<sup>(a) (b)</sup>** | **Impact to<br> Valuation from an<br> Increase to Input** |
| Corporate Bonds & Notes<br>| $3932243 | Transaction Approach | Recent Transactions | 101.00%–103.88%; (102.37%) | Increase |

---

*See accompanying notes to Schedule of Investments.*

------

[**Table of Contents**](#JOB_SSGA__3a2fc2ab-ef6d-4b33-b2d9-d8612fe4dfa1_TOC-LETTERSIZE-STANDARD)

#### STATE STREET SHORT DURATION IG PUBLIC & PRIVATE CREDIT ETF

#### SCHEDULE OF INVESTMENTS (continued) January 31, 2026 (Unaudited)

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type of Investment** | **Fair Value as of<br> January 31, 2026** | **Valuation<br> Technique** | **Unobservable<br> Input** | **Range (Weighted Avg)<sup>(a) (b)</sup>** | **Impact to<br> Valuation from an<br> Increase to Input** |
| Corporate Bonds & Notes<br>| &nbsp;&nbsp;&nbsp;$440975 | Discounted Cash Flow | Discount Rate (Mid) | 5.30%–6.81%; (6.07%) | Decrease |

---

(a) Represents the range and weighted average of the unobservable input values.

(b) Weighted average is calculated by weighing the significant unobservable input by the relative fair value of each investment in the category.

#### Affiliate Table

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Number of<br> Shares Held<br> at<br> 10/31/25** | **Value at<br>10/31/25** | **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> 1/31/26** | **Value at<br>1/31/26** | **Dividend<br> Income** |
| State Street Institutional U.S. Government Money Market Fund, Premier Class<br>| 1161951 | $1161951 | $32011986 | $27785178 | $— | $— | 5388759 | $5388759 | $43122 |

---

*See accompanying notes to Schedule of Investments.*

------

[**Table of Contents**](#JOB_SSGA__3a2fc2ab-ef6d-4b33-b2d9-d8612fe4dfa1_TOC-LETTERSIZE-STANDARD)

#### SSGA ACTIVE TRUST

#### NOTES TO SCHEDULES OF INVESTMENTS

#### January 31, 2026 (Unaudited)

------

#### 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:

• Equity investments (including registered investment companies that are exchange-traded funds) traded on a recognized securities exchange for which market quotations are readily available are valued at the last sale price or official closing price, as applicable, on the primary market or exchange on which they trade. Equity investments traded on a recognized exchange for which there were no sales on that day are valued at the last published sale price or at fair value.

• 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.

• Fixed-income assets are generally valued at the mean of the bid and ask prices for bank loans and inflation protected securities, and at the bid price for most other fixed-income assets.

• 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.

• Exchange-traded futures contracts are valued at the closing settlement price on the primary market on which they are traded most extensively. Exchange-traded futures contracts traded on a recognized exchange for which there were no sales on that day are valued at the last reported sale price obtained from independent pricing services or brokers or at fair value.

• Swap agreements are valued daily based upon prices supplied by Board approved pricing vendors or through brokers. Depending on the product and terms of the transaction, the value of agreements is determined using a series of techniques including valuation models that incorporate a number of market data factors, such as discounted cash flows, yields, curves, trades and values of the underlying reference instruments. In the event the advisor is unable to obtain an independent, third–party valuation the agreements will be fair valued.

• Options are priced at their last sale price on the principal market on which they are traded on the valuation date. If there were no sales on that day, options are valued at either the last reported sale or official closing price on their primary exchange determined in accordance with the valuation policy and procedures approved by the Board.

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.

Fair value pricing could result in a difference between the prices used to calculate a Fund's NAV and the prices used by the Funds' underlying benchmark. Various inputs are used in determining the value of the Portfolios' or 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

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#### SSGA ACTIVE TRUST

#### NOTES TO SCHEDULES OF INVESTMENTS (continued) January 31, 2026 (Unaudited)

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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 January 31, 2026, is disclosed in each Fund's Consolidated Schedule of Investments.

#### Futures Contracts
The Funds may enter into futures contracts to meet the Funds' objectives. A futures contract is a standardized, exchange traded agreement to buy or sell a financial instrument at a set price on a future date. Upon entering into a futures contract, a Fund is required to deposit with the broker, cash or securities in an amount equal to the minimum initial margin requirements of the clearing house. Securities deposited, if any, are designated on the Schedules of Investments and cash deposited, if any, is included in Net cash at broker on the Statements of Assets and Liabilities. Subsequent payments are made or received by a Fund equal to the daily change in the contract value, accumulated, exchange rates, and or other transactional fees. The accumulation of those payments are recorded as variation margin receivable or payable with a corresponding offset to unrealized gains or losses. A Fund recognizes a realized gain or loss when the contract is closed.

Losses may arise if the value of a futures contract decreases due to unfavorable changes in the market rates or values of the underlying instrument during the term of the contract or if the counterparty does not perform under the contract. The use of futures contracts also involves the risk that the movements in the price of the futures contracts do not correlate the movement of the assets underlying such contracts.

During the period ended January 31, 2026, the State Street Bridgewater All Weather ETF, State Street IG Public & Private Credit ETF and State Street Short Duration IG Public & Private Credit ETF entered into futures contracts to hedge interest rate risk and manage duration.

#### Forward Foreign Currency Exchange Contracts
Certain Portfolios or Funds may engage in forward foreign currency exchange contracts to acquire exposure to foreign currencies or to hedge the Portfolios' or Funds' 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 marketvalue is recorded by the Portfolio or Fund as an unrealized gain or loss. When the contract is closed, the Portfolio or 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 counter parties 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 Portfolio or Fund gives up the opportunity to profit from favorable exchange rate movements during the term of the contract.

For the period ended January 31, 2026, the State Street IG Public & Private Credit ETF and State Street Short Duration IG Public & Private Credit ETF entered into forward foreign currency exchange contracts to offset the Fund's exposure to the component currencies.

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#### SSGA ACTIVE TRUST

#### NOTES TO SCHEDULES OF INVESTMENTS (continued) January 31, 2026 (Unaudited)

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#### Option Contracts
The Funds may purchase and write (sell) call and put options on futures. Options on futures give the holder the right, in return for the premium paid, to assume a long position (call) or short position (put) in a futures contract at a specified exercise price upon expiration of, or at any time during the period of, the option. Upon exercise of a call option, the holder acquires a long position in the futures contract and the writer is assigned the opposite short position. In the case of a put option, the opposite is true. The Fund is required to make a good faith margin deposit in cash or U.S. government securities (or other eligible collateral) with a broker or custodian to initiate and maintain open positions in futures contracts. A margin deposit is intended to assure completion of the contract (delivery or acceptance of the underlying commodity or payment of the cash settlement amount) if it is not terminated prior to the specified delivery date. Brokers may establish deposit requirements which are higher than the exchange minimums. Futures contracts are customarily purchased and sold on margin deposits which may range upward from less than 5% of the value of the contract being traded.

The Funds may purchase and sell put and call options. Such options may relate to particular securities and may or may not be listed on a national securities exchange and issued by the Options Clearing Corporation Options trading is a highly specialized activity that entails greater than ordinary investment risk. Options on particular securities may be more volatile than the underlying securities, and therefore, on a percentage basis, an investment in options may be subject to greater fluctuation than an investment in the underlying securities themselves.

During the period ended January 31, 2026, the State Street Galaxy Hedged Digital Asset Ecosystem ETF entered into option contracts.

#### Swaps
The Fund may enter into swap agreements, in which the Fund and counterparty agree either to make periodic net payments on a specified notional amount or a net payment upon termination. Swap agreements are privately negotiated in the OTC market and may be entered into as a bilateral contract ("BL OTC") or centrally cleared ("centrally cleared swaps"). Swaps are marked-to-market daily and changes in value are recorded as unrealized appreciation (depreciation).

A BL OTC swap is a transaction between a fund and dealer counterparty where cash flows are exchanged between the two parties for the life of the swap. For BL OTC swaps, any upfront premiums paid are recorded as assets and any upfront fees received are recorded as liabilities and are shown as credit default swap contracts premiums paid and credit default swap contracts premiums received, respectively, in the Consolidated Statement of Assets and Liabilities and amortized to realized gain/loss ratably over the term of the BL OTC swap. Payments received or made by the Fund for BL OTC swaps are recorded in the Consolidated Statement of Operations as realized gains or losses,respectively. When a BL OTC swap is terminated, the Fund will record a realized gain or loss equal to the difference between the proceeds from (or cost of) the closing transaction and the Fund's basis in the contract, if any. Generally, the basis of the contracts is the premium received or paid.

A centrally cleared OTC swap is a transaction executed between a fund and a dealer counterparty, then cleared by a futures commission merchant (FCM) through a clearinghouse. Once cleared, the clearinghouse serves as a central counterparty ("CCP"), with whom a exchanges cash flows for the life of the transaction, similar to transactions in futures contracts.

The Fund is required to interface with the CCP through a broker. Upon entering into a centrally cleared swap, the Fund is required to deposit initial margin with the broker in the form of cash or securities in an amount that varies depending on the size and risk profile of the particular swap. Securities deposited as initial margin if any, are designated on the Consolidated Schedule of Investments and cash deposited is segregated and recorded on the Consolidated Statement of Assets and Liabilities as Net cash at Broker. The daily change in valuation of centrally cleared swaps is recorded as a receivable or payable for variation margin in the Consolidated Statement of Assets and Liabilities. Payments received from (paid to) the counterparty, including at termination, are recorded as realized gain (loss) in the Consolidated Statement of Operations. For both bi-lateral and centrally cleared OTC swaps, payments are exchanged at specified intervals, accrued daily commencing with the effective date of the contract and recorded as realized gain or (loss). Some swaps may be terminated prior to the effective date and realize a gain or loss upon termination.

During the period ended January 31, 2026, the State Street Bridgewater All Weather ETF entered into swap contracts.

#### Total Return Swaps

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#### SSGA ACTIVE TRUST

#### NOTES TO SCHEDULES OF INVESTMENTS (continued) January 31, 2026 (Unaudited)

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Total return swaps are agreements in which there is an exchange of cash flows whereby one party commits to make payments on the total return (coupon plus capital gains/losses) of an underlying instrument in exchange for fixed or floating rate interest payments. To the extent the total return of the instrument or index underlying the transaction exceeds or falls short of the offsetting interest rate obligation, the Fund will receive a payment or make a payment to the counterparty.

#### 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 period ended January 31, 2026 are disclosed in the (Consolidated) Schedules of Investments.

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** SSGA Active Trust

- **b. Investment Company Act file number:** 811-22542

- **c. CIK number of Registrant:** 0001516212

- **d. LEI of Registrant:** 549300MAXSRPQ75ICU67

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** One Congress Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02114

  - **Telephone number:** 617-664-8594

**Item A.2. Information about the Series.**

- **a. Name of Series:** SPDR Galaxy Transformative Tech Accelerators ETF

- **b. EDGAR series identifier (if any):** S000087749

- **c. LEI of Series:** 984500EN8A7K3856EA19

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-01-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $3591400.94

**Total Liabilities:** $58367.64

**Net Assets:** $3533033.30

**Cash Not Reported:** $760.82

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000253657 | -2.09%               | -9.54%               | 12.46%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $20376.20                | $-72181.73                                 |
| Month 2  | $-11448.95               | $-237133.77                                |
| Month 3  | $96031.23                | $184304.82                                 |

### Schedule of Portfolio Investments

| Name                                      | Title                                                      | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Adobe Inc                                 | Adobe Inc                                                  | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |       145 | NS      | $42521.25     | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Alliant Energy Corp                       | Alliant Energy Corp                                        | CUSIP: 018802108<br>LEI: 5493009ML300G373MZ12 | Long             | EC               | CORP              | US        |      1389 | NS      | $91548.99     | 2.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                              | Alphabet Inc                                               | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |       481 | NS      | $162578.00    | 4.60%             |  |  |  | No            |                  1 | On Loan: No      |
| American Electric Power Co Inc            | American Electric Power Co Inc                             | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |       512 | NS      | $61324.80     | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp                             | Amphenol Corp                                              | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |       583 | NS      | $83998.64     | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials Inc                     | Applied Materials Inc                                      | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |       229 | NS      | $73811.28     | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Bitfarms Ltd/Canada                       | Bitfarms Ltd/Canada                                        | CUSIP: 09173B107<br>LEI: 254900YWMA64Y1RPNJ12 | Long             | EC               | CORP              | CA        |     71752 | NS      | $167899.68    | 4.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Centrus Energy Corp                       | Centrus Energy Corp                                        | CUSIP: 15643U104<br>LEI: 549300G6VDK9G8276661 | Long             | EC               | CORP              | US        |        54 | NS      | $15027.12     | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Cipher Mining Inc                         | Cipher Mining Inc                                          | CUSIP: 17253J106<br>LEI: 254900QABG5HCQZ28A17 | Long             | EC               | CORP              | US        |     10193 | NS      | $162680.28    | 4.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Cleanspark Inc                            | Cleanspark Inc                                             | CUSIP: 18452B209<br>LEI: 254900VO7KBRJQDGY810 | Long             | EC               | CORP              | US        |     16839 | NS      | $199373.76    | 5.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Coherent Corp                             | Coherent Corp                                              | CUSIP: 19247G107<br>LEI: 549300O5C25A0MMHHU33 | Long             | EC               | CORP              | US        |       601 | NS      | $127520.18    | 3.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Core Scientific Inc                       | Core Scientific Inc                                        | CUSIP: 21874A106<br>LEI: 5299003RGB2LAZ65RK73 | Long             | EC               | CORP              | US        |     24116 | NS      | $433846.84    | 12.28%            |  |  |  | No            |                  1 | On Loan: No      |
| Entergy Corp                              | Entergy Corp                                               | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |       752 | NS      | $72109.28     | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp                          | Exxon Mobil Corp                                           | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |       416 | NS      | $58822.40     | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Flowserve Corp                            | Flowserve Corp                                             | CUSIP: 34354P105<br>LEI: 6Y0GK87T6V7NJKZJVM41 | Long             | EC               | CORP              | US        |      1284 | NS      | $100344.60    | 2.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan Inc                      | Freeport-McMoRan Inc                                       | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |      1336 | NS      | $80467.28     | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Hubbell Inc                               | Hubbell Inc                                                | CUSIP: 443510607<br>LEI: 54930088VDQ6840Y6597 | Long             | EC               | CORP              | US        |       256 | NS      | $124912.64    | 3.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Schneider Electric SE                     | Schneider Electric SE                                      | CUSIP: 000000000<br>LEI: 969500A1YF1XUYYXS284 | Long             | EC               | CORP              | FR        |       133 | NS      | $38337.56     | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corp                         | Lam Research Corp                                          | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |       231 | NS      | $53929.26     | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Landbridge Co LLC                         | Landbridge Co LLC                                          | CUSIP: 514952100<br>LEI: 529900P7NBGGY6C0SF08 | Long             | EC               | CORP              | US        |       985 | NS      | $56598.10     | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln Educational Services Corp         | Lincoln Educational Services Corp                          | CUSIP: 533535100<br>LEI: 549300BJ55KUY6RG7L98 | Long             | EC               | CORP              | US        |      1212 | NS      | $32311.92     | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                            | Mastercard Inc                                             | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |       164 | NS      | $88361.56     | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                            | Microsoft Corp                                             | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |        78 | NS      | $33562.62     | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Riot Platforms Inc                        | Riot Platforms Inc                                         | CUSIP: 767292105<br>LEI: 5299005LKZAJQDQZDF73 | Long             | EC               | CORP              | US        |     23643 | NS      | $365757.21    | 10.35%            |  |  |  | No            |                  1 | On Loan: No      |
| Sandisk Corp/DE                           | Sandisk Corp/DE                                            | CUSIP: 80004C200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        85 | NS      | $48981.25     | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd | Taiwan Semiconductor Manufacturing Co Ltd                  | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |       233 | NS      | $77020.48     | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                                 | Tesla Inc                                                  | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |       152 | NS      | $65422.32     | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Global Advisors              | State Street Institutional US Government Money Market Fund | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |     14495 | NS      | $14495.02     | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertiv Holdings Co                        | Vertiv Holdings Co                                         | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |       753 | NS      | $140193.54    | 3.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                  | Visa Inc                                                   | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |       269 | NS      | $86572.27     | 2.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Siemens Energy AG                         | Siemens Energy AG                                          | CUSIP: 000000000<br>LEI: 5299005CHJZ14D4FDJ62 | Long             | EC               | CORP              | DE        |       966 | NS      | $166117.21    | 4.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Etoro Group Ltd                           | Etoro Group Ltd                                            | CUSIP: 000000000<br>LEI: 213800XPRPJK2X5QRG86 | Long             | EC               | CORP              | VG        |      1180 | NS      | $34692.00     | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| nVent Electric PLC                        | nVent Electric PLC                                         | CUSIP: 000000000<br>LEI: 254900LK60A9DK5W5N81 | Long             | EC               | CORP              | IE        |      1049 | NS      | $117760.74    | 3.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Willow Lane Acquisition Corp              | Willow Lane Acquisition Corp                               | CUSIP: 000000000<br>LEI: 254900Z85UYRON5ZBZ90 | Long             | EC               | CORP              | KY        |      5293 | NS      | $61769.31     | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-27

**Name of Applicant:** SSGA Active Trust

**Signature:** Arthur Jensen

**Name of Signer:** Arthur Jensen

**Title:** Deputy Treasurer