SPMD

The State Street SPDR Portfolio S&P 400 Mid‑Cap ETF (SPMD) holds a broad basket of U.S. mid‑cap stocks, representing a range of sectors such as industrials, technology, financials, health care and consumer goods, and is limited to companies incorporated in the United States. Its investment approach is passive: the fund seeks to replicate the total‑return performance of the S&P MidCap 400 Index by holding a representative sample of the index’s market‑capitalization‑weighted constituents. Because it offers diversified exposure to the mid‑cap segment of the U.S. equity market, SPMD is appropriate for investors who want a core, low‑cost building block for a long‑term, growth‑oriented portfolio or for those looking to add mid‑cap blend exposure alongside large‑cap and small‑cap allocations.