# EDGAR Filing Document

**Accession Number:** 0001064641
**File Stem:** 0001410368-25-031870
**Filing Date:** 2025-11
**Character Count:** 69976
**Document Hash:** 4f3ca1f7cbf2f8656c20d426608fc389
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-031870.hdr.sgml**: 20251126

**ACCESSION NUMBER**: 0001410368-25-031870

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251126

**DATE AS OF CHANGE**: 20251126

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SELECT SECTOR SPDR TRUST
- **CENTRAL INDEX KEY:** 0001064641

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08837
- **FILM NUMBER:** 251525197

**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:** SECTOR SPDR TRUST
- **DATE OF NAME CHANGE:** 19980622

## Series and Classes Contracts Data

### The Consumer Staples Select Sector SPDR Premium Income Fund (Series ID: S000093835)

| Class ID   | Class Name                                                  | Ticker Symbol   |
|:---|:---|:---|
| C000262283 | The Consumer Staples Select Sector SPDR Premium Income Fund | XLSI            |

## Nport-Ex

## Quarterly Report
September 30, 2025

## The Select Sector SPDR<sup>®</sup> Trust
**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 from the Distributor, ALPS Portfolio Solutions Distributor, Inc., by calling 1-866-SECTOR-ETF (1-866-732-8673). Please read the prospectus carefully before you invest.**<br> ![](img91fc669e1.jpg)

------

**TABLE OF CONTENTS** (Unaudited)

---

| | |
|:---|:---|
| **[Schedules of Investments (Unaudited)](#xx_1f299241-3c6e-4bf9-a10f-221cda5bad07_1)** |  |
| &nbsp;&nbsp;&nbsp;[The Communication Services Select Sector SPDR Premium Income Fund (XLCI)](#xx_1f299241-3c6e-4bf9-a10f-221cda5bad07_1)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 |
| &nbsp;&nbsp;&nbsp;[The Consumer Discretionary Select Sector SPDR Premium Income Fund (XLYI)](#xx_1a924ee3-47c3-43f6-864c-b557d4cc0f3f_1)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2 |
| &nbsp;&nbsp;&nbsp;[The Consumer Staples Select Sector SPDR Premium Income Fund (XLSI)](#xx_2467c784-c113-43cb-aaa6-87ee1cc6323f_1)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3 |
| &nbsp;&nbsp;&nbsp;[The Energy Select Sector SPDR Premium Income Fund (XLEI)](#xx_5c72c9c0-21b2-4279-8874-2391e5301ca7_1)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4 |
| &nbsp;&nbsp;&nbsp;[The Financial Select Sector SPDR Premium Income Fund (XLFI)](#xx_e2781cde-f693-4f12-a54a-bef864ba49a7_1)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6 |
| &nbsp;&nbsp;&nbsp;[The Health Care Select Sector SPDR Premium Income Fund (XLVI)](#xx_3af3eeb2-26a6-4893-9327-a8b01ca27070_1)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7 |
| &nbsp;&nbsp;&nbsp;[The Industrial Select Sector SPDR Premium Income Fund (XLII)](#xx_38f23966-d5a1-4107-a9ce-1c81e2afba6b_1)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8 |
| &nbsp;&nbsp;&nbsp;[The Materials Select Sector SPDR Premium Income Fund (XLBI)](#xx_16731ed0-d1d1-4ab0-b6d2-7f178a44afa8_1)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9 |
| &nbsp;&nbsp;&nbsp;[The Real Estate Select Sector SPDR Premium Income Fund (XLRI)](#xx_2f314c21-dfa5-40a7-862b-b32e0b1305a5_1)<br>| &nbsp;&nbsp;&nbsp;&nbsp;10 |
| &nbsp;&nbsp;&nbsp;[The Technology Select Sector SPDR Premium Income Fund (XLKI)](#xx_a73f9b58-d3e7-42a3-b44b-a1d6f6a8641d_1)<br>| &nbsp;&nbsp;&nbsp;&nbsp;11 |
| &nbsp;&nbsp;&nbsp;[The Utilities Select Sector SPDR Premium Income Fund (XLUI)](#xx_61b6533a-839a-4337-8167-2dee435337cf_1)<br>| &nbsp;&nbsp;&nbsp;&nbsp;13 |
| **[Notes to Schedules of Investments (Unaudited)](#xx_4260acdb-37ae-49d9-b22d-565ed0069f1b_1)<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;15 |

---

**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 from the Distributor, ALPS Portfolio Solutions Distributor, Inc., by calling 1-866-SECTOR-ETF (1-866-732-8673). Please read the prospectus carefully before you invest.**

------

[**Table of Contents**](#JOB_SPDR__9080ee7d-bb47-49f9-863e-ac5530627deb_TOC-LETTERSIZE-STANDARD)

#### THE COMMUNICATION SERVICES SELECT SECTOR SPDR PREMIUM INCOME FUND

#### SCHEDULE OF INVESTMENTS

#### September 30, 2025 (Unaudited)

------

---

| | | |
|:---|:---|:---|
| **Security Description** | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| **MUTUAL FUNDS AND EXCHANGE TRADED PRODUCTS — 99.4%** | **MUTUAL FUNDS AND EXCHANGE TRADED PRODUCTS — 99.4%** | **MUTUAL FUNDS AND EXCHANGE TRADED PRODUCTS — 99.4%** |
| The Communication Services Select Sector SPDR Fund (a)<br>(Cost $1,402,766)<br>| &nbsp;&nbsp;13125 | &nbsp;&nbsp;$1553606 |
| **SHORT-TERM INVESTMENT — 0.2%** | **SHORT-TERM INVESTMENT — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Institutional U.S. Government Money Market Fund, Class G Shares 4.13% (b) (c)<br>(Cost $3,412) | &nbsp;&nbsp;3412 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3412 |
| **TOTAL INVESTMENTS — 99.6%<br>(Cost $1,406,178)<br>** | **TOTAL INVESTMENTS — 99.6%<br>(Cost $1,406,178)<br>** | &nbsp;&nbsp;&nbsp;&nbsp;1557018 |
| **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;6979 |
| **NET ASSETS — 100.0%<br>** | **NET ASSETS — 100.0%<br>** | &nbsp;&nbsp;$1563997 |

---

(a) Affiliated fund managed by SSGA Funds Management, Inc. Amounts related to these investments during the period ended September 30, 2025 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 September 30, 2025 are
shown in the Affiliate Table below.

(c) The rate shown is the annualized seven-day yield at September 30, 2025.

The Fund had the following Written Call Options contracts at September 30, 2025 :

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **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** |
| The Communication Services<br> Select Sector SPDR Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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 121 | 10/17/2025 | (130) | USD (1573000) | $(8125) | $(13520) | $5395 |

---

The following table summarizes the value of the Fund's investments according to the fair value hierarchy as of September 30, 2025.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Level 1 –<br> Quoted Prices** | **Level 2 –<br> Other Significant<br> Observable Inputs** | **Level 3 –<br> Significant<br> Unobservable Inputs** | **Total** |
| **ASSETS:** |  |  |  |  |
| **INVESTMENTS:** |  |  |  |  |
| Mutual Funds and Exchange Traded Products<br>| $1553606 | $— | $— | $1553606 |
| Short-Term Investment<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3412 | &nbsp;&nbsp;— | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3412 |
| **TOTAL INVESTMENTS<br>**  | $1557018 | $— | $— | $1557018 |
| **OTHER FINANCIAL INSTRUMENTS:** |  |  |  |  |
| Call Options Written - Unrealized Appreciation<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5395 | $— | $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5395 |
| **TOTAL OTHER FINANCIAL INSTRUMENTS:<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5395 | $— | $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5395 |

---

#### Affiliate Table

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Number of<br> Shares Held<br> at<br> 7/30/25\*** | **Value at<br>7/30/25\*** | **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> 9/30/25** | **Value at<br>9/30/25** | **Dividend<br> Income** |
| State Street Institutional U.S. Government Money Market Fund, Class G Shares<br>|  | $— | &nbsp;&nbsp;&nbsp;$16665 | $13253 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;3412 | &nbsp;&nbsp;&nbsp;&nbsp;$3412 | &nbsp;&nbsp;&nbsp;$28 |
| The Communication Services Select Sector SPDR Fund<br>|  | &nbsp;&nbsp;— | &nbsp;&nbsp;2240329 | &nbsp;&nbsp;845598 | &nbsp;&nbsp;8035 | &nbsp;&nbsp;150840 | 13125 | &nbsp;&nbsp;1553606 | &nbsp;&nbsp;5490 |
| Total<br>|  | $— | $2256994 | $858851 | $8035 | $150840 |  | $1557018 | $5518 |

---

\* Commencement of operations.

*See accompanying notes to Schedule of Investments.*

------

[**Table of Contents**](#JOB_SPDR__9080ee7d-bb47-49f9-863e-ac5530627deb_TOC-LETTERSIZE-STANDARD)

#### THE CONSUMER DISCRETIONARY SELECT SECTOR SPDR PREMIUM INCOME FUND

#### SCHEDULE OF INVESTMENTS

#### September 30, 2025 (Unaudited)

------

---

| | | |
|:---|:---|:---|
| **Security Description** | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| **MUTUAL FUNDS AND EXCHANGE TRADED PRODUCTS — 99.4%** | **MUTUAL FUNDS AND EXCHANGE TRADED PRODUCTS — 99.4%** | **MUTUAL FUNDS AND EXCHANGE TRADED PRODUCTS — 99.4%** |
| The Consumer Discretionary Select Sector SPDR Fund (a)<br>(Cost $1,204,453)<br>| &nbsp;&nbsp;5344 | &nbsp;&nbsp;$1280636 |
| **SHORT-TERM INVESTMENT — 0.2%** | **SHORT-TERM INVESTMENT — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Institutional U.S. Government Money Market Fund, Class G Shares 4.13% (b) (c)<br>(Cost $2,457) | 2457 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2457 |
| **TOTAL INVESTMENTS — 99.6%<br>(Cost $1,206,910)<br>** | **TOTAL INVESTMENTS — 99.6%<br>(Cost $1,206,910)<br>** | &nbsp;&nbsp;&nbsp;&nbsp;1283093 |
| **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;5742 |
| **NET ASSETS — 100.0%<br>** | **NET ASSETS — 100.0%<br>** | &nbsp;&nbsp;$1288835 |

---

(a) Affiliated fund managed by SSGA Funds Management, Inc. Amounts related to these investments during the period ended September 30, 2025 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 September 30, 2025 are
shown in the Affiliate Table below.

(c) The rate shown is the annualized seven-day yield at September 30, 2025.

The Fund had the following Written Call Options contracts at September 30, 2025 :

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **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** |
| The Consumer Discretionary<br> Select Sector SPDR Fund | &nbsp;&nbsp;&nbsp;&nbsp;&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 | 10/17/2025 | (53) | USD (1325000) | $(3286) | $(9699) | $6413 |

---

The following table summarizes the value of the Fund's investments according to the fair value hierarchy as of September 30, 2025.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Level 1 –<br> Quoted Prices** | **Level 2 –<br> Other Significant<br> Observable Inputs** | **Level 3 –<br> Significant<br> Unobservable Inputs** | **Total** |
| **ASSETS:** |  |  |  |  |
| **INVESTMENTS:** |  |  |  |  |
| Mutual Funds and Exchange Traded Products<br>| $1280636 | $— | $— | $1280636 |
| Short-Term Investment<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2457 | &nbsp;&nbsp;— | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2457 |
| **TOTAL INVESTMENTS<br>**  | $1283093 | $— | $— | $1283093 |
| **OTHER FINANCIAL INSTRUMENTS:** |  |  |  |  |
| Call Options Written - Unrealized Appreciation<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$6413 | $— | $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$6413 |
| **TOTAL OTHER FINANCIAL INSTRUMENTS:<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$6413 | $— | $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$6413 |

---

#### Affiliate Table

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Number of<br> Shares Held<br> at<br> 7/30/25\*** | **Value at<br>7/30/25\*** | **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> 9/30/25** | **Value at<br>9/30/25** | **Dividend<br> Income** |
| State Street Institutional U.S. Government Money Market Fund, Class G Shares<br>|  | $— | &nbsp;&nbsp;&nbsp;$19524 | $17067 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$— | 2457 | &nbsp;&nbsp;&nbsp;&nbsp;$2457 | &nbsp;&nbsp;&nbsp;$32 |
| The Consumer Discretionary Select Sector SPDR Fund<br>|  | &nbsp;&nbsp;— | &nbsp;&nbsp;1256932 | &nbsp;&nbsp;54492 | &nbsp;&nbsp;2013 | &nbsp;&nbsp;76183 | 5344 | &nbsp;&nbsp;1280636 | &nbsp;&nbsp;2289 |
| Total<br>|  | $— | $1276456 | $71559 | $2013 | $76183 |  | $1283093 | $2321 |

---

\* Commencement of operations.

*See accompanying notes to Schedule of Investments.*

------

[**Table of Contents**](#JOB_SPDR__9080ee7d-bb47-49f9-863e-ac5530627deb_TOC-LETTERSIZE-STANDARD)

#### THE CONSUMER STAPLES SELECT SECTOR SPDR PREMIUM INCOME FUND

#### SCHEDULE OF INVESTMENTS

#### September 30, 2025 (Unaudited)

------

---

| | | |
|:---|:---|:---|
| **Security Description** | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| **MUTUAL FUNDS AND EXCHANGE TRADED PRODUCTS — 98.9%** | **MUTUAL FUNDS AND EXCHANGE TRADED PRODUCTS — 98.9%** | **MUTUAL FUNDS AND EXCHANGE TRADED PRODUCTS — 98.9%** |
| The Consumer Staples Select Sector SPDR Fund (a)<br>(Cost $1,250,048)<br>| &nbsp;&nbsp;15350 | &nbsp;&nbsp;$1202980 |
| **SHORT-TERM INVESTMENT — 1.0%** | **SHORT-TERM INVESTMENT — 1.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Institutional U.S. Government Money Market Fund, Class G Shares 4.13% (b) (c)<br>(Cost $11,547) | 11547 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11547 |
| **TOTAL INVESTMENTS — 99.9%<br>(Cost $1,261,595)<br>** | **TOTAL INVESTMENTS — 99.9%<br>(Cost $1,261,595)<br>** | &nbsp;&nbsp;&nbsp;&nbsp;1214527 |
| **OTHER ASSETS IN EXCESS OF LIABILITIES — 0.1% <br>** | **OTHER ASSETS IN EXCESS OF LIABILITIES — 0.1% <br>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1609 |
| **NET ASSETS — 100.0%<br>** | **NET ASSETS — 100.0%<br>** | &nbsp;&nbsp;$1216136 |

---

(a) Affiliated fund managed by SSGA Funds Management, Inc. Amounts related to these investments during the period ended September 30, 2025 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 September 30, 2025 are
shown in the Affiliate Table below.

(c) The rate shown is the annualized seven-day yield at September 30, 2025.

The Fund had the following Written Call Options contracts at September 30, 2025 :

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **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** |
| The Consumer Staples<br> Select Sector SPDR Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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 82 | 10/17/2025 | (151) | USD (1238200) | $(1208) | $(6040) | $4832 |

---

The following table summarizes the value of the Fund's investments according to the fair value hierarchy as of September 30, 2025.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Level 1 –<br> Quoted Prices** | **Level 2 –<br> Other Significant<br> Observable Inputs** | **Level 3 –<br> Significant<br> Unobservable Inputs** | **Total** |
| **ASSETS:** |  |  |  |  |
| **INVESTMENTS:** |  |  |  |  |
| Mutual Funds and Exchange Traded Products<br>| $1202980 | $— | $— | $1202980 |
| Short-Term Investment<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11547 | &nbsp;&nbsp;— | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11547 |
| **TOTAL INVESTMENTS<br>**  | $1214527 | $— | $— | $1214527 |
| **OTHER FINANCIAL INSTRUMENTS:** |  |  |  |  |
| Call Options Written - Unrealized Appreciation<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$4832 | $— | $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$4832 |
| **TOTAL OTHER FINANCIAL INSTRUMENTS:<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$4832 | $— | $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$4832 |

---

#### Affiliate Table

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Number of<br> Shares Held<br> at<br> 7/30/25\*** | **Value at<br>7/30/25\*** | **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> 9/30/25** | **Value at<br>9/30/25** | **Dividend<br> Income** |
| State Street Institutional U.S. Government Money Market Fund, Class G Shares<br>|  | $— | &nbsp;&nbsp;&nbsp;$23252 | $11705 | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | 11547 | &nbsp;&nbsp;&nbsp;&nbsp;$11547 | &nbsp;&nbsp;&nbsp;$34 |
| The Consumer Staples Select Sector SPDR Fund<br>|  | &nbsp;&nbsp;— | &nbsp;&nbsp;1261593 | &nbsp;&nbsp;11287 | &nbsp;&nbsp;(258) | &nbsp;&nbsp;(47068) | 15350 | &nbsp;&nbsp;1202980 | &nbsp;&nbsp;8308 |
| Total<br>|  | $— | $1284845 | $22992 | $(258) | $(47068) |  | $1214527 | $8342 |

---

\* Commencement of operations.

*See accompanying notes to Schedule of Investments.*

------

[**Table of Contents**](#JOB_SPDR__9080ee7d-bb47-49f9-863e-ac5530627deb_TOC-LETTERSIZE-STANDARD)

#### THE ENERGY SELECT SECTOR SPDR PREMIUM INCOME FUND

#### SCHEDULE OF INVESTMENTS

#### September 30, 2025 (Unaudited)

------

---

| | | |
|:---|:---|:---|
| **Security Description** | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| **MUTUAL FUNDS AND EXCHANGE TRADED PRODUCTS — 99.1%** | **MUTUAL FUNDS AND EXCHANGE TRADED PRODUCTS — 99.1%** | **MUTUAL FUNDS AND EXCHANGE TRADED PRODUCTS — 99.1%** |
| The Energy Select Sector SPDR Fund (a)<br>(Cost $1,497,968)<br>| &nbsp;&nbsp;16699 | &nbsp;&nbsp;$1491889 |
| **SHORT-TERM INVESTMENT — 0.6%** | **SHORT-TERM INVESTMENT — 0.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Institutional U.S. Government Money Market Fund, Class G Shares 4.13% (b) (c)<br>(Cost $9,015) | &nbsp;&nbsp;9015 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9015 |
| **TOTAL INVESTMENTS — 99.7%<br>(Cost $1,506,983)<br>** | **TOTAL INVESTMENTS — 99.7%<br>(Cost $1,506,983)<br>** | &nbsp;&nbsp;&nbsp;&nbsp;1500904 |
| **OTHER ASSETS IN EXCESS OF LIABILITIES — 0.3% <br>** | **OTHER ASSETS IN EXCESS OF LIABILITIES — 0.3% <br>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4926 |
| **NET ASSETS — 100.0%<br>** | **NET ASSETS — 100.0%<br>** | &nbsp;&nbsp;$1505830 |

---

(a) Affiliated fund managed by SSGA Funds Management, Inc. Amounts related to these investments during the period ended September 30, 2025 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 September 30, 2025 are
shown in the Affiliate Table below.

(c) The rate shown is the annualized seven-day yield at September 30, 2025.

The Fund had the following Written Call Options contracts at September 30, 2025 :

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **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** |
| The Energy Select Sector SPDR Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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 92 | 10/17/2025 | (113) | USD (1039600) | $(6893) | $(11091) | $4198 |
| The Energy Select Sector SPDR Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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 93 | 10/17/2025 | (83) | USD (771900) | &nbsp;&nbsp;&nbsp; (3320) | &nbsp;&nbsp;&nbsp;&nbsp;(7387) | &nbsp;&nbsp;&nbsp;4067 |
|  |  |  |  |  |  | $(10213) | $(18478) | $8265 |

---

The following table summarizes the value of the Fund's investments according to the fair value hierarchy as of September 30, 2025.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Level 1 –<br> Quoted Prices** | **Level 2 –<br> Other Significant<br> Observable Inputs** | **Level 3 –<br> Significant<br> Unobservable Inputs** | **Total** |
| **ASSETS:** |  |  |  |  |
| **INVESTMENTS:** |  |  |  |  |
| Mutual Funds and Exchange Traded Products<br>| $1491889 | $— | $— | $1491889 |
| Short-Term Investment<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9015 | &nbsp;&nbsp;— | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9015 |
| **TOTAL INVESTMENTS<br>**  | $1500904 | $— | $— | $1500904 |
| **OTHER FINANCIAL INSTRUMENTS:** |  |  |  |  |
| Call Options Written - Unrealized Appreciation<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$8265 | $— | $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$8265 |
| **TOTAL OTHER FINANCIAL INSTRUMENTS:<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$8265 | $— | $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$8265 |

---

*See accompanying notes to Schedule of Investments.*

------

[**Table of Contents**](#JOB_SPDR__9080ee7d-bb47-49f9-863e-ac5530627deb_TOC-LETTERSIZE-STANDARD)

#### THE ENERGY SELECT SECTOR SPDR PREMIUM INCOME FUND

#### SCHEDULE OF INVESTMENTS (continued)

#### September 30, 2025 (Unaudited)

------

#### Affiliate Table

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Number of<br> Shares Held<br> at<br> 7/30/25\*** | **Value at<br>7/30/25\*** | **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> 9/30/25** | **Value at<br>9/30/25** | **Dividend<br> Income** |
| State Street Institutional U.S. Government Money Market Fund, Class G Shares<br>|  | $— | &nbsp;&nbsp;&nbsp;$14373 | $5358 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;9015 | &nbsp;&nbsp;&nbsp;&nbsp;$9015 | $42 |
| The Energy Select Sector SPDR Fund<br>|  | &nbsp;&nbsp;— | &nbsp;&nbsp;1497203 | &nbsp;&nbsp;&nbsp;8768 | &nbsp;&nbsp;9533 | &nbsp;&nbsp;(6079) | 16699 | &nbsp;&nbsp;1491889 | &nbsp;&nbsp;— |
| Total<br>|  | $— | $1511576 | $14126 | $9533 | $(6079) |  | $1500904 | $42 |

---

\* Commencement of operations.

*See accompanying notes to Schedule of Investments.*

------

[**Table of Contents**](#JOB_SPDR__9080ee7d-bb47-49f9-863e-ac5530627deb_TOC-LETTERSIZE-STANDARD)

#### THE FINANCIAL SELECT SECTOR SPDR PREMIUM INCOME FUND

#### SCHEDULE OF INVESTMENTS

#### September 30, 2025 (Unaudited)

------

---

| | | |
|:---|:---|:---|
| **Security Description** | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| **MUTUAL FUNDS AND EXCHANGE TRADED PRODUCTS — 99.3%** | **MUTUAL FUNDS AND EXCHANGE TRADED PRODUCTS — 99.3%** | **MUTUAL FUNDS AND EXCHANGE TRADED PRODUCTS — 99.3%** |
| The Financial Select Sector SPDR Fund (a)<br>(Cost $987,830)<br>| &nbsp;&nbsp;18709 | &nbsp;&nbsp;$1007853 |
| **SHORT-TERM INVESTMENT — 0.6%** | **SHORT-TERM INVESTMENT — 0.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Institutional U.S. Government Money Market Fund, Class G Shares 4.13% (b) (c)<br>(Cost $6,191) | &nbsp;&nbsp;6191 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6191 |
| **TOTAL INVESTMENTS — 99.9%<br>(Cost $994,021)<br>** | **TOTAL INVESTMENTS — 99.9%<br>(Cost $994,021)<br>** | &nbsp;&nbsp;&nbsp;&nbsp;1014044 |
| **OTHER ASSETS IN EXCESS OF LIABILITIES — 0.1% <br>** | **OTHER ASSETS IN EXCESS OF LIABILITIES — 0.1% <br>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1112 |
| **NET ASSETS — 100.0%<br>** | **NET ASSETS — 100.0%<br>** | &nbsp;&nbsp;$1015156 |

---

(a) Affiliated fund managed by SSGA Funds Management, Inc. Amounts related to these investments during the period ended September 30, 2025 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 September 30, 2025 are
shown in the Affiliate Table below.

(c) The rate shown is the annualized seven-day yield at September 30, 2025.

The Fund had the following Written Call Options contracts at September 30, 2025 :

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **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** |
| The Financial Select Sector SPDR Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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 55 | 10/17/2025 | (185) | USD (1017500) | $(6198) | $(10360) | $4162 |

---

The following table summarizes the value of the Fund's investments according to the fair value hierarchy as of September 30, 2025.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Level 1 –<br> Quoted Prices** | **Level 2 –<br> Other Significant<br> Observable Inputs** | **Level 3 –<br> Significant<br> Unobservable Inputs** | **Total** |
| **ASSETS:** |  |  |  |  |
| **INVESTMENTS:** |  |  |  |  |
| Mutual Funds and Exchange Traded Products<br>| $1007853 | $— | $— | $1007853 |
| Short-Term Investment<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6191 | &nbsp;&nbsp;— | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6191 |
| **TOTAL INVESTMENTS<br>**  | $1014044 | $— | $— | $1014044 |
| **OTHER FINANCIAL INSTRUMENTS:** |  |  |  |  |
| Call Options Written - Unrealized Appreciation<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$4162 | $— | $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$4162 |
| **TOTAL OTHER FINANCIAL INSTRUMENTS:<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$4162 | $— | $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$4162 |

---

#### Affiliate Table

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Number of<br> Shares Held<br> at<br> 7/30/25\*** | **Value at<br>7/30/25\*** | **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> 9/30/25** | **Value at<br>9/30/25** | **Dividend<br> Income** |
| State Street Institutional U.S. Government Money Market Fund, Class G Shares<br>|  | $— | &nbsp;&nbsp;&nbsp;&nbsp;$15011 | $8820 | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;6191 | &nbsp;&nbsp;&nbsp;&nbsp;$6191 | &nbsp;&nbsp;&nbsp;$31 |
| The Financial Select Sector SPDR Fund<br>|  | &nbsp;&nbsp;— | &nbsp;&nbsp;1001875 | &nbsp;&nbsp;14314 | &nbsp;&nbsp;268 | &nbsp;&nbsp;20024 | 18709 | &nbsp;&nbsp;1007853 | &nbsp;&nbsp;3351 |
| Total<br>|  | $— | $1016886 | $23134 | $268 | $20024 |  | $1014044 | $3382 |

---

\* Commencement of operations.

*See accompanying notes to Schedule of Investments.*

------

[**Table of Contents**](#JOB_SPDR__9080ee7d-bb47-49f9-863e-ac5530627deb_TOC-LETTERSIZE-STANDARD)

#### THE HEALTH CARE SELECT SECTOR SPDR PREMIUM INCOME FUND

#### SCHEDULE OF INVESTMENTS

#### September 30, 2025 (Unaudited)

------

---

| | | |
|:---|:---|:---|
| **Security Description** | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| **MUTUAL FUNDS AND EXCHANGE TRADED PRODUCTS — 100.0%** | **MUTUAL FUNDS AND EXCHANGE TRADED PRODUCTS — 100.0%** | **MUTUAL FUNDS AND EXCHANGE TRADED PRODUCTS — 100.0%** |
| The Health Care Select Sector SPDR Fund (a)<br>(Cost $1,234,454)<br>| &nbsp;&nbsp;9152 | &nbsp;&nbsp;$1273684 |
| **SHORT-TERM INVESTMENT — 0.5%** | **SHORT-TERM INVESTMENT — 0.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Institutional U.S. Government Money Market Fund, Class G Shares 4.13% (b) (c)<br>(Cost $6,636) | 6636 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6636 |
| **TOTAL INVESTMENTS — 100.5%<br>(Cost $1,241,090)<br>** | **TOTAL INVESTMENTS — 100.5%<br>(Cost $1,241,090)<br>** | &nbsp;&nbsp;&nbsp;&nbsp;1280320 |
| **LIABILITIES IN EXCESS OF OTHER ASSETS — (0.5)% <br>** | **LIABILITIES IN EXCESS OF OTHER ASSETS — (0.5)% <br>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6812) |
| **NET ASSETS — 100.0%<br>** | **NET ASSETS — 100.0%<br>** | &nbsp;&nbsp;$1273508 |

---

(a) Affiliated fund managed by SSGA Funds Management, Inc. Amounts related to these investments during the period ended September 30, 2025 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 September 30, 2025 are
shown in the Affiliate Table below.

(c) The rate shown is the annualized seven-day yield at September 30, 2025.

The Fund had the following Written Call Options contracts at September 30, 2025 :

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **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** |
| The Health Care Select Sector SPDR Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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 140 | 10/17/2025 | (91) | USD (1274000) | $(14879) | $(9191) | $(5688) |

---

The following table summarizes the value of the Fund's investments according to the fair value hierarchy as of September 30, 2025.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Level 1 –<br> Quoted Prices** | **Level 2 –<br> Other Significant<br> Observable Inputs** | **Level 3 –<br> Significant<br> Unobservable Inputs** | **Total** |
| **ASSETS:** |  |  |  |  |
| **INVESTMENTS:** |  |  |  |  |
| Mutual Funds and Exchange Traded Products<br>| $1273684 | $— | $— | $1273684 |
| Short-Term Investment<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6636 | &nbsp;&nbsp;— | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6636 |
| **TOTAL INVESTMENTS<br>**  | $1280320 | $— | $— | $1280320 |
| **OTHER FINANCIAL INSTRUMENTS:** |  |  |  |  |
| Call Options Written - Unrealized Depreciation<br>| &nbsp;&nbsp;&nbsp;&nbsp;$(5688) | $— | $— | &nbsp;&nbsp;&nbsp;&nbsp;$(5688) |
| **TOTAL OTHER FINANCIAL INSTRUMENTS:<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;$(5688) | $— | $— | &nbsp;&nbsp;&nbsp;&nbsp;$(5688) |

---

#### Affiliate Table

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Number of<br> Shares Held<br> at<br> 7/30/25\*** | **Value at<br>7/30/25\*** | **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> 9/30/25** | **Value at<br>9/30/25** | **Dividend<br> Income** |
| State Street Institutional U.S. Government Money Market Fund, Class G Shares<br>|  | $— | &nbsp;&nbsp;&nbsp;$18393 | $11757 | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$— | 6636 | &nbsp;&nbsp;&nbsp;&nbsp;$6636 | &nbsp;&nbsp;&nbsp;$35 |
| The Health Care Select Sector SPDR Fund<br>|  | &nbsp;&nbsp;— | &nbsp;&nbsp;1257739 | &nbsp;&nbsp;23439 | &nbsp;&nbsp;154 | &nbsp;&nbsp;39230 | 9152 | &nbsp;&nbsp;1273684 | &nbsp;&nbsp;5747 |
| Total<br>|  | $— | $1276132 | $35196 | $154 | $39230 |  | $1280320 | $5782 |

---

\* Commencement of operations.

*See accompanying notes to Schedule of Investments.*

------

[**Table of Contents**](#JOB_SPDR__9080ee7d-bb47-49f9-863e-ac5530627deb_TOC-LETTERSIZE-STANDARD)

#### THE INDUSTRIAL SELECT SECTOR SPDR PREMIUM INCOME FUND

#### SCHEDULE OF INVESTMENTS

#### September 30, 2025 (Unaudited)

------

---

| | | |
|:---|:---|:---|
| **Security Description** | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| **MUTUAL FUNDS AND EXCHANGE TRADED PRODUCTS — 100.2%** | **MUTUAL FUNDS AND EXCHANGE TRADED PRODUCTS — 100.2%** | **MUTUAL FUNDS AND EXCHANGE TRADED PRODUCTS — 100.2%** |
| The Industrial Select Sector SPDR Fund (a)<br>(Cost $987,973)<br>| &nbsp;&nbsp;6468 | &nbsp;&nbsp;&nbsp;&nbsp;$997560 |
| **SHORT-TERM INVESTMENT — 0.8%** | **SHORT-TERM INVESTMENT — 0.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Institutional U.S. Government Money Market Fund, Class G Shares 4.13% (b) (c)<br>(Cost $7,872) | 7872 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7872 |
| **TOTAL INVESTMENTS — 101.0%<br>(Cost $995,845)<br>** | **TOTAL INVESTMENTS — 101.0%<br>(Cost $995,845)<br>** | &nbsp;&nbsp;&nbsp;&nbsp;1005432 |
| **LIABILITIES IN EXCESS OF OTHER ASSETS — (1.0)% <br>** | **LIABILITIES IN EXCESS OF OTHER ASSETS — (1.0)% <br>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9843) |
| **NET ASSETS — 100.0%<br>** | **NET ASSETS — 100.0%<br>** | &nbsp;&nbsp;&nbsp;&nbsp;$995589 |

---

(a) Affiliated fund managed by SSGA Funds Management, Inc. Amounts related to these investments during the period ended September 30, 2025 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 September 30, 2025 are
shown in the Affiliate Table below.

(c) The rate shown is the annualized seven-day yield at September 30, 2025.

The Fund had the following Written Call Options contracts at September 30, 2025 :

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **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** |
| The Industrial Select Sector SPDR Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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 155 | 10/17/2025 | (64) | USD (992000) | $(11040) | $(5120) | $(5920) |

---

The following table summarizes the value of the Fund's investments according to the fair value hierarchy as of September 30, 2025.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Level 1 –<br> Quoted Prices** | **Level 2 –<br> Other Significant<br> Observable Inputs** | **Level 3 –<br> Significant<br> Unobservable Inputs** | **Total** |
| **ASSETS:** |  |  |  |  |
| **INVESTMENTS:** |  |  |  |  |
| Mutual Funds and Exchange Traded Products<br>| &nbsp;&nbsp;&nbsp;$997560 | $— | $— | &nbsp;&nbsp;&nbsp;$997560 |
| Short-Term Investment<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7872 | &nbsp;&nbsp;— | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7872 |
| **TOTAL INVESTMENTS<br>**  | $1005432 | $— | $— | $1005432 |
| **OTHER FINANCIAL INSTRUMENTS:** |  |  |  |  |
| Call Options Written - Unrealized Depreciation<br>| &nbsp;&nbsp;&nbsp;&nbsp;$(5920) | $— | $— | &nbsp;&nbsp;&nbsp;&nbsp;$(5920) |
| **TOTAL OTHER FINANCIAL INSTRUMENTS:<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;$(5920) | $— | $— | &nbsp;&nbsp;&nbsp;&nbsp;$(5920) |

---

#### Affiliate Table

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Number of<br> Shares Held<br> at<br> 7/30/25\*** | **Value at<br>7/30/25\*** | **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> 9/30/25** | **Value at<br>9/30/25** | **Dividend<br> Income** |
| State Street Institutional U.S. Government Money Market Fund, Class G Shares<br>|  | $— | &nbsp;&nbsp;&nbsp;$17644 | $9772 | $— | &nbsp;&nbsp;&nbsp;&nbsp;$— | 7872 | &nbsp;&nbsp;&nbsp;&nbsp;$7872 | &nbsp;&nbsp;&nbsp;$40 |
| The Industrial Select Sector SPDR Fund<br>|  | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;996680 | &nbsp;&nbsp;&nbsp;8610 | &nbsp;&nbsp;(97) | &nbsp;&nbsp;9587 | 6468 | &nbsp;&nbsp;&nbsp;&nbsp;997560 | &nbsp;&nbsp;4074 |
| Total<br>|  | $— | $1014324 | $18382 | $(97) | $9587 |  | $1005432 | $4114 |

---

\* Commencement of operations.

*See accompanying notes to Schedule of Investments.*

------

[**Table of Contents**](#JOB_SPDR__9080ee7d-bb47-49f9-863e-ac5530627deb_TOC-LETTERSIZE-STANDARD)

#### THE MATERIALS SELECT SECTOR SPDR PREMIUM INCOME FUND

#### SCHEDULE OF INVESTMENTS

#### September 30, 2025 (Unaudited)

------

---

| | | |
|:---|:---|:---|
| **Security Description** | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| **MUTUAL FUNDS AND EXCHANGE TRADED PRODUCTS — 99.1%** | **MUTUAL FUNDS AND EXCHANGE TRADED PRODUCTS — 99.1%** | **MUTUAL FUNDS AND EXCHANGE TRADED PRODUCTS — 99.1%** |
| The Materials Select Sector SPDR Fund (a)<br>(Cost $1,959,260)<br>| &nbsp;&nbsp;21895 | &nbsp;&nbsp;$1962230 |
| **SHORT-TERM INVESTMENT — 0.9%** | **SHORT-TERM INVESTMENT — 0.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Institutional U.S. Government Money Market Fund, Class G Shares 4.13% (b) (c)<br>(Cost $18,174) | 18174 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18174 |
| **TOTAL INVESTMENTS — 100.0%<br>(Cost $1,977,434)<br>** | **TOTAL INVESTMENTS — 100.0%<br>(Cost $1,977,434)<br>** | &nbsp;&nbsp;&nbsp;&nbsp;1980404 |
| **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;&nbsp;&nbsp;(97) |
| **NET ASSETS — 100.0%<br>** | **NET ASSETS — 100.0%<br>** | &nbsp;&nbsp;$1980307 |

---

(a) Affiliated fund managed by SSGA Funds Management, Inc. Amounts related to these investments during the period ended September 30, 2025 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 September 30, 2025 are
shown in the Affiliate Table below.

(c) The rate shown is the annualized seven-day yield at September 30, 2025.

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

The Fund had the following Written Call Options contracts at September 30, 2025 :

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **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** |
| The Materials Select Sector SPDR Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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 93 | 10/17/2025 | (218) | USD (2027400) | $(4360) | $(13734) | $9374 |

---

The following table summarizes the value of the Fund's investments according to the fair value hierarchy as of September 30, 2025.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Level 1 –<br> Quoted Prices** | **Level 2 –<br> Other Significant<br> Observable Inputs** | **Level 3 –<br> Significant<br> Unobservable Inputs** | **Total** |
| **ASSETS:** |  |  |  |  |
| **INVESTMENTS:** |  |  |  |  |
| Mutual Funds and Exchange Traded Products<br>| $1962230 | $— | $— | $1962230 |
| Short-Term Investment<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18174 | &nbsp;&nbsp;— | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18174 |
| **TOTAL INVESTMENTS<br>**  | $1980404 | $— | $— | $1980404 |
| **OTHER FINANCIAL INSTRUMENTS:** |  |  |  |  |
| Call Options Written - Unrealized Appreciation<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9374 | $— | $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9374 |
| **TOTAL OTHER FINANCIAL INSTRUMENTS:<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9374 | $— | $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9374 |

---

#### Affiliate Table

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Number of<br> Shares Held<br> at<br> 7/30/25\*** | **Value at<br>7/30/25\*** | **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> 9/30/25** | **Value at<br>9/30/25** | **Dividend<br> Income** |
| State Street Institutional U.S. Government Money Market Fund, Class G Shares<br>|  | $— | &nbsp;&nbsp;&nbsp;$39039 | $20865 | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$— | 18174 | &nbsp;&nbsp;&nbsp;$18174 | &nbsp;&nbsp;&nbsp;$71 |
| The Materials Select Sector SPDR Fund<br>|  | &nbsp;&nbsp;— | &nbsp;&nbsp;1979873 | &nbsp;&nbsp;20826 | &nbsp;&nbsp;213 | &nbsp;&nbsp;2970 | 21895 | &nbsp;&nbsp;1962230 | &nbsp;&nbsp;9397 |
| Total<br>|  | $— | $2018912 | $41691 | $213 | $2970 |  | $1980404 | $9468 |

---

\* Commencement of operations.

*See accompanying notes to Schedule of Investments.*

------

[**Table of Contents**](#JOB_SPDR__9080ee7d-bb47-49f9-863e-ac5530627deb_TOC-LETTERSIZE-STANDARD)

#### THE REAL ESTATE SELECT SECTOR SPDR PREMIUM INCOME FUND

#### SCHEDULE OF INVESTMENTS

#### September 30, 2025 (Unaudited)

------

---

| | | |
|:---|:---|:---|
| **Security Description** | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| **MUTUAL FUNDS AND EXCHANGE TRADED PRODUCTS — 99.1%** | **MUTUAL FUNDS AND EXCHANGE TRADED PRODUCTS — 99.1%** | **MUTUAL FUNDS AND EXCHANGE TRADED PRODUCTS — 99.1%** |
| The Real Estate Select Sector SPDR Fund (a)<br>(Cost $1,505,909)<br>| &nbsp;&nbsp;35496 | &nbsp;&nbsp;$1495447 |
| **SHORT-TERM INVESTMENT — 0.6%** | **SHORT-TERM INVESTMENT — 0.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Institutional U.S. Government Money Market Fund, Class G Shares 4.13% (b) (c)<br>(Cost $8,276) | &nbsp;&nbsp;8276 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8276 |
| **TOTAL INVESTMENTS — 99.7%<br>(Cost $1,514,185)<br>** | **TOTAL INVESTMENTS — 99.7%<br>(Cost $1,514,185)<br>** | &nbsp;&nbsp;&nbsp;&nbsp;1503723 |
| **OTHER ASSETS IN EXCESS OF LIABILITIES — 0.3% <br>** | **OTHER ASSETS IN EXCESS OF LIABILITIES — 0.3% <br>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4900 |
| **NET ASSETS — 100.0%<br>** | **NET ASSETS — 100.0%<br>** | &nbsp;&nbsp;$1508623 |

---

(a) Affiliated fund managed by SSGA Funds Management, Inc. Amounts related to these investments during the period ended September 30, 2025 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 September 30, 2025 are
shown in the Affiliate Table below.

(c) The rate shown is the annualized seven-day yield at September 30, 2025.

The Fund had the following Written Call Options contracts at September 30, 2025 :

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **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** |
| The Real Estate Select Sector SPDR Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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 43 | 10/17/2025 | (353) | USD (1517900) | $(7060) | $(9178) | $2118 |

---

The following table summarizes the value of the Fund's investments according to the fair value hierarchy as of September 30, 2025.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Level 1 –<br> Quoted Prices** | **Level 2 –<br> Other Significant<br> Observable Inputs** | **Level 3 –<br> Significant<br> Unobservable Inputs** | **Total** |
| **ASSETS:** |  |  |  |  |
| **INVESTMENTS:** |  |  |  |  |
| Mutual Funds and Exchange Traded Products<br>| $1495447 | $— | $— | $1495447 |
| Short-Term Investment<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8276 | &nbsp;&nbsp;— | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8276 |
| **TOTAL INVESTMENTS<br>**  | $1503723 | $— | $— | $1503723 |
| **OTHER FINANCIAL INSTRUMENTS:** |  |  |  |  |
| Call Options Written - Unrealized Appreciation<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2118 | $— | $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2118 |
| **TOTAL OTHER FINANCIAL INSTRUMENTS:<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2118 | $— | $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2118 |

---

#### Affiliate Table

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Number of<br> Shares Held<br> at<br> 7/30/25\*** | **Value at<br>7/30/25\*** | **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> 9/30/25** | **Value at<br>9/30/25** | **Dividend<br> Income** |
| State Street Institutional U.S. Government Money Market Fund, Class G Shares<br>|  | $— | &nbsp;&nbsp;&nbsp;$24499 | $16223 | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;8276 | &nbsp;&nbsp;&nbsp;&nbsp;$8276 | &nbsp;&nbsp;&nbsp;&nbsp;$58 |
| The Real Estate Sector SPDR Fund<br>|  | &nbsp;&nbsp;— | &nbsp;&nbsp;1530875 | &nbsp;&nbsp;24420 | &nbsp;&nbsp;(546) | &nbsp;&nbsp;(10462) | 35496 | &nbsp;&nbsp;1495447 | &nbsp;&nbsp;11302 |
| Total<br>|  | $— | $1555374 | $40643 | $(546) | $(10462) |  | $1503723 | $11360 |

---

\* Commencement of operations.

*See accompanying notes to Schedule of Investments.*

------

[**Table of Contents**](#JOB_SPDR__9080ee7d-bb47-49f9-863e-ac5530627deb_TOC-LETTERSIZE-STANDARD)

#### THE TECHNOLOGY SELECT SECTOR SPDR PREMIUM INCOME FUND

#### SCHEDULE OF INVESTMENTS

#### September 30, 2025 (Unaudited)

------

---

| | | |
|:---|:---|:---|
| **Security Description** | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| **MUTUAL FUNDS AND EXCHANGE TRADED PRODUCTS — 100.8%** | **MUTUAL FUNDS AND EXCHANGE TRADED PRODUCTS — 100.8%** | **MUTUAL FUNDS AND EXCHANGE TRADED PRODUCTS — 100.8%** |
| The Technology Select Sector SPDR Fund (a)<br>(Cost $1,773,087)<br>| &nbsp;&nbsp;&nbsp;&nbsp;6521 | &nbsp;&nbsp;$1838010 |
| **SHORT-TERM INVESTMENT — 0.8%** | **SHORT-TERM INVESTMENT — 0.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Institutional U.S. Government Money Market Fund, Class G Shares 4.13% (b) (c)<br>(Cost $14,538) | 14538 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14538 |
| **TOTAL INVESTMENTS — 101.6%<br>(Cost $1,787,625)<br>** | **TOTAL INVESTMENTS — 101.6%<br>(Cost $1,787,625)<br>** | &nbsp;&nbsp;&nbsp;&nbsp;1852548 |
| **LIABILITIES IN EXCESS OF OTHER ASSETS — (1.6)% <br>** | **LIABILITIES IN EXCESS OF OTHER ASSETS — (1.6)% <br>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(28616) |
| **NET ASSETS — 100.0%<br>** | **NET ASSETS — 100.0%<br>** | &nbsp;&nbsp;$1823932 |

---

(a) Affiliated fund managed by SSGA Funds Management, Inc. Amounts related to these investments during the period ended September 30, 2025 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 September 30, 2025 are
shown in the Affiliate Table below.

(c) The rate shown is the annualized seven-day yield at September 30, 2025.

The Fund had the following Written Call Options contracts at September 30, 2025 :

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **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** |
| The Technology Select Sector SPDR Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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 275 | 10/17/2025 | (38) | USD (1045000) | $(37525) | $(16264) | $(21261) |
| The Technology Select Sector SPDR Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A | USD 290 | 10/17/2025 | (27) | USD (783000) | &nbsp;&nbsp;&nbsp;&nbsp; (4117) | &nbsp;&nbsp;&nbsp;&nbsp;(7722) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3605 |
|  |  |  |  |  |  | &nbsp;&nbsp;$(41642) | $(23986) | $(17656) |

---

The following table summarizes the value of the Fund's investments according to the fair value hierarchy as of September 30, 2025.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Level 1 –<br> Quoted Prices** | **Level 2 –<br> Other Significant<br> Observable Inputs** | **Level 3 –<br> Significant<br> Unobservable Inputs** | **Total** |
| **ASSETS:** |  |  |  |  |
| **INVESTMENTS:** |  |  |  |  |
| Mutual Funds and Exchange Traded Products<br>| $1838010 | $— | $— | $1838010 |
| Short-Term Investment<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14538 | &nbsp;&nbsp;— | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14538 |
| **TOTAL INVESTMENTS<br>**  | $1852548 | $— | $— | $1852548 |
| **OTHER FINANCIAL INSTRUMENTS:** |  |  |  |  |
| Call Options Written - Unrealized Appreciation<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$3605 | $— | $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$3605 |
| Call Options Written - Unrealized Depreciation<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(21261) | &nbsp;&nbsp;— | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(21261) |
| **TOTAL OTHER FINANCIAL INSTRUMENTS:<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;$(17656) | $— | $— | &nbsp;&nbsp;&nbsp;&nbsp;$(17656) |

---

*See accompanying notes to Schedule of Investments.*

------

[**Table of Contents**](#JOB_SPDR__9080ee7d-bb47-49f9-863e-ac5530627deb_TOC-LETTERSIZE-STANDARD)

#### THE TECHNOLOGY SELECT SECTOR SPDR PREMIUM INCOME FUND

#### SCHEDULE OF INVESTMENTS (continued)

#### September 30, 2025 (Unaudited)

------

#### Affiliate Table

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Number of<br> Shares Held<br> at<br> 7/30/25\*** | **Value at<br>7/30/25\*** | **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> 9/30/25** | **Value at<br>9/30/25** | **Dividend<br> Income** |
| State Street Institutional U.S. Government Money Market Fund, Class G Shares<br>|  | $— | &nbsp;&nbsp;&nbsp;$28566 | $14028 | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$— | 14538 | &nbsp;&nbsp;&nbsp;$14538 | &nbsp;&nbsp;&nbsp;$52 |
| The Technology Select Sector SPDR Fund<br>|  | &nbsp;&nbsp;— | &nbsp;&nbsp;1799436 | &nbsp;&nbsp;26035 | &nbsp;&nbsp;(314) | &nbsp;&nbsp;64923 | &nbsp;&nbsp;6521 | &nbsp;&nbsp;1838010 | &nbsp;&nbsp;1354 |
| Total<br>|  | $— | $1828002 | $40063 | $(314) | $64923 |  | $1852548 | $1406 |

---

\* Commencement of operations.

*See accompanying notes to Schedule of Investments.*

------

[**Table of Contents**](#JOB_SPDR__9080ee7d-bb47-49f9-863e-ac5530627deb_TOC-LETTERSIZE-STANDARD)

#### THE UTILITIES SELECT SECTOR SPDR PREMIUM INCOME FUND

#### SCHEDULE OF INVESTMENTS

#### September 30, 2025 (Unaudited)

------

---

| | | |
|:---|:---|:---|
| **Security Description** | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| **MUTUAL FUNDS AND EXCHANGE TRADED PRODUCTS — 100.8%** | **MUTUAL FUNDS AND EXCHANGE TRADED PRODUCTS — 100.8%** | **MUTUAL FUNDS AND EXCHANGE TRADED PRODUCTS — 100.8%** |
| The Utilities Select Sector SPDR Fund (a)<br>(Cost $1,766,142)<br>| &nbsp;&nbsp;20836 | &nbsp;&nbsp;$1817108 |
| **SHORT-TERM INVESTMENT — 1.1%** | **SHORT-TERM INVESTMENT — 1.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Institutional U.S. Government Money Market Fund, Class G Shares 4.13% (b) (c)<br>(Cost $20,344) | 20344 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20344 |
| **TOTAL INVESTMENTS — 101.9%<br>(Cost $1,786,486)<br>** | **TOTAL INVESTMENTS — 101.9%<br>(Cost $1,786,486)<br>** | &nbsp;&nbsp;&nbsp;&nbsp;1837452 |
| **LIABILITIES IN EXCESS OF OTHER ASSETS — (1.9)% <br>** | **LIABILITIES IN EXCESS OF OTHER ASSETS — (1.9)% <br>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(34714) |
| **NET ASSETS — 100.0%<br>** | **NET ASSETS — 100.0%<br>** | &nbsp;&nbsp;$1802738 |

---

(a) Affiliated fund managed by SSGA Funds Management, Inc. Amounts related to these investments during the period ended September 30, 2025 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 September 30, 2025 are
shown in the Affiliate Table below.

(c) The rate shown is the annualized seven-day yield at September 30, 2025.

The Fund had the following Written Call Options contracts at September 30, 2025 :

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **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** |
| The Utilities Select Sector SPDR Fund | &nbsp;&nbsp;&nbsp;&nbsp;&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 86 | 10/17/2025 | (148) | USD (1272800) | $(30118) | $(10360) | $(19758) |
| The Utilities Select Sector SPDR Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A | USD 87 | 10/17/2025 | (58) | USD (504600) | &nbsp;&nbsp;&nbsp;&nbsp; (7453) | &nbsp;&nbsp;&nbsp;&nbsp;(4002) | &nbsp;&nbsp;&nbsp;&nbsp;(3451) |
|  |  |  |  |  |  | &nbsp;&nbsp;$(37571) | $(14362) | $(23209) |

---

The following table summarizes the value of the Fund's investments according to the fair value hierarchy as of September 30, 2025.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Level 1 –<br> Quoted Prices** | **Level 2 –<br> Other Significant<br> Observable Inputs** | **Level 3 –<br> Significant<br> Unobservable Inputs** | **Total** |
| **ASSETS:** |  |  |  |  |
| **INVESTMENTS:** |  |  |  |  |
| Mutual Funds and Exchange Traded Products<br>| $1817108 | $— | $— | $1817108 |
| Short-Term Investment<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20344 | &nbsp;&nbsp;— | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20344 |
| **TOTAL INVESTMENTS<br>**  | $1837452 | $— | $— | $1837452 |
| **OTHER FINANCIAL INSTRUMENTS:** |  |  |  |  |
| Call Options Written - Unrealized Depreciation<br>| &nbsp;&nbsp;&nbsp;&nbsp;$(23209) | $— | $— | &nbsp;&nbsp;&nbsp;&nbsp;$(23209) |
| **TOTAL OTHER FINANCIAL INSTRUMENTS:<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;$(23209) | $— | $— | &nbsp;&nbsp;&nbsp;&nbsp;$(23209) |

---

*See accompanying notes to Schedule of Investments.*

------

[**Table of Contents**](#JOB_SPDR__9080ee7d-bb47-49f9-863e-ac5530627deb_TOC-LETTERSIZE-STANDARD)

#### THE UTILITIES SELECT SECTOR SPDR PREMIUM INCOME FUND

#### SCHEDULE OF INVESTMENTS (continued)

#### September 30, 2025 (Unaudited)

------

#### Affiliate Table

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Number of<br> Shares Held<br> at<br> 7/30/25\*** | **Value at<br>7/30/25\*** | **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> 9/30/25** | **Value at<br>9/30/25** | **Dividend<br> Income** |
| State Street Institutional U.S. Government Money Market Fund, Class G Shares<br>|  | $— | &nbsp;&nbsp;&nbsp;$32658 | $12314 | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$— | 20344 | &nbsp;&nbsp;&nbsp;$20344 | &nbsp;&nbsp;&nbsp;$44 |
| The Utilities Select Sector SPDR Fund<br>|  | &nbsp;&nbsp;— | &nbsp;&nbsp;1776818 | &nbsp;&nbsp;10513 | &nbsp;&nbsp;(163) | &nbsp;&nbsp;50966 | 20836 | &nbsp;&nbsp;1817108 | &nbsp;&nbsp;8455 |
| Total<br>|  | $— | $1809476 | $22827 | $(163) | $50966 |  | $1837452 | $8499 |

---

\* Commencement of operations.

*See accompanying notes to Schedule of Investments.*

------

[**Table of Contents**](#JOB_SPDR__9080ee7d-bb47-49f9-863e-ac5530627deb_TOC-LETTERSIZE-STANDARD)

#### SELECT SECTOR SPDR TRUST

#### NOTES TO SCHEDULES OF INVESTMENTS

#### September 30, 2025 (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.

• 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 Funds' investments.

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

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

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

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

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

------

[**Table of Contents**](#JOB_SPDR__9080ee7d-bb47-49f9-863e-ac5530627deb_TOC-LETTERSIZE-STANDARD)

#### SELECT SECTOR SPDR TRUST

#### NOTES TO SCHEDULES OF INVESTMENTS (continued)

#### September 30, 2025 (Unaudited)

------

The value of each Fund's investments according to the fair value hierarchy as of September 30, 2025, is disclosed in each Fund's respective Schedule of Investments.

#### Options 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 September 30, 2025, all the funds entered into option contracts.

#### 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 September 30, 2025, are disclosed in the Funds' respective 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:** SELECT SECTOR SPDR TRUST

- **b. Investment Company Act file number:** 811-08837

- **c. CIK number of Registrant:** 0001064641

- **d. LEI of Registrant:** 5493008JJKIPMEX3CO91

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

  - **Street Address 1:** One Iron Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02210

  - **Telephone number:** 866-732-8673

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

- **a. Name of Series:** The Consumer Staples Select Sector SPDR Premium Income Fund

- **b. EDGAR series identifier (if any):** S000093835

- **c. LEI of Series:** 9845001D89FF411FDY34

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-09-30

**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:** $1223907.91

**Total Liabilities:** $7772.39

**Net Assets:** $1216135.52

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000262283 | -1.46%               | 1.17%                | -1.88%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-17478.36                                 |
| Month 2  | $0.00                    | $7167.09                                   |
| Month 3  | $-257.97                 | $-36756.85                                 |

**Designated Index Information**

- **Index Name:** S&P Consumer Staples Select Sector Index

- **Index Identifier:** IXRTR

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Consumer Staples Select Sector SPDR Fund | Consumer Staples Select Sector SPDR Fund                   | CUSIP: 81369Y308<br>LEI: 549300Z52QUV3UXHLA68 | Long             | EC               | RF                | US        |     15350 | NS      | $1202979.50   | 98.92%            |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley & Co. LLC                 | CONSUMER STAPLES SELECT SECTOR                             | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               |  | US        |      -151 | NC      | $-1208.00     | -0.10%            |  |  |  | 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        |     11547 | NS      | $11547.13     | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-30

**Name of Applicant:** SELECT SECTOR SPDR TRUST

**Signature:** Arthur Jensen

**Name of Signer:** Arthur Jensen

**Title:** Deputy Treasurer