SPDR MFS Systematic Value Equity ETF
Data updated: 2021-02-26
C000124408 — SPDR MFS Systematic Value Equity ETF. United States Large Cap Value Equity · $18.87M AUM. Holdings, fees, performance and SEC filings.
C000124408 Fund Overview
SPDR MFS Systematic Value Equity ETF is a US ETF managed by SSGA Active Trust, categorised as United States Large Cap Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: SSGA Active Trust
- Category: United States Large Cap Value Equity
- Assets under management: $18.87M
- 1-year return: -0.9%
- SEC CIK: 0001516212
- SEC series ID: S000040075
- Share class ID: C000124408
C000124408 Investment Objective and Strategy
SPDR MFS Systematic Value Equity ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by SSGA Active Trust.
Investment objective
The SPDR MFS Systematic Value Equity ETF's (the “Fund”) investment objective is to seek capital appreciation.
Principal investment strategy
Under normal circumstances, the Fund invests at least 80% of its net assets (plus the amount of borrowings for investment purposes) in equity securities. Equity securities in which the Fund invests include common stocks, preferred stocks, and securities convertible into stocks. In selecting securities for the Fund, Massachusetts Financial Services Company (the Sub-Adviser or MFS) utilizes a bottom-up approach to buying and selling investments for the Fund. Investments are selected primarily based on fundamental and quantitative research. MFS uses fundamental analysis of individual issuers and their potential in light of their financial condition, and market, economic, political, and regulatory conditions to identify potential investments. Factors considered may include analysis of an issuer's earnings, cash flows, competitive position, and management ability.
From the universe of issuers with fundamental research, MFS then uses quantitative analysis, including quantitative models that systematically evaluate an issuer's valuation, price and earnings momentum, earnings quality, and other factors, as well as issuer, industry, and sector weightings and other factors, to determine periodically, typically not more frequently than once every two to five weeks, which investments to buy and sell. While MFS may invest the Fund's assets in securities of companies of any size, MFS primarily invests in securities of companies with large market capitalizations. In selecting investments for the Fund, MFS invests the Fund's assets in the stocks of companies it believes are undervalued compared to their perceived worth (value companies). Value companies tend to have stock prices that are low relative to their earnings, dividends, assets, or other financial measures.
MFS normally invests the Fund's assets across different industries and sectors, but MFS may invest a significant percentage of the Fund's assets in a single or small number of industries or sectors. As of August 31, 2018, a significant portion of the Fund comprised securities of companies in the financial and health care sectors, although this may change from time to time.
C000124408 Performance
Total returns for C000124408 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -0.9% |
C000124408 Risk Information
Risk metrics for C000124408, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 29.7%
C000124408 Costs and Fees
C000124408 costs about $60 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.60%
- Gross expense ratio: 0.60%
- Portfolio turnover: 53%
- Brokerage commissions: 1.51 bps of average net assets (SEC N-CEN)
C000124408 Cashflows
Over the 12 months to 2020-12, SPDR MFS Systematic Value Equity ETF had net outflows of $12.58M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2020-12 | $0 |
| 2020-11 | −$656.87K |
| 2020-10 | $0 |
| 2020-09 | −$1.87M |
| 2020-08 | −$1.28M |
| 2020-07 | −$1.23M |
C000124408 Debt Constituents
No individual debt constituents are reported in SPDR MFS Systematic Value Equity ETF's latest SEC N-PORT filing.
C000124408 Prospectus and SEC Filings
Official SPDR MFS Systematic Value Equity ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2020-10-28
- Prospectus (485BPOS) — filed 2019-11-20
- Prospectus (485BPOS) — filed 2018-11-21
- Portfolio holdings (N-PORT) — filed 2021-02-26
- Portfolio holdings (N-PORT) — filed 2020-11-27
- Portfolio holdings (N-PORT) — filed 2020-08-27
- Annual census (N-CEN) — filed 2020-09-10
- Annual census (N-CEN) — filed 2019-09-11
Related Funds
Other United States Large Cap Value Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.