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SPDR Portfolio Short Term Treasury ETF T.SST.U


Primary Symbol: SPTS

The investment seeks to provide investment results that correspond generally to the price and yield performance of the Bloomberg Barclays 1-3 Year U. The fund invests at least 80%, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to measure the performance of short term (1-3 years) public obligations of the U.S. Treasury.


ARCA:SPTS - Post by User

Comment by bencolderon May 10, 2006 10:28pm
156 Views
Post# 10830381

Listing

ListingIn answer to your question, Silverstone will be listed for trading some time after Capstone demonstrates to the securities authorities that the dividend-in-kind has been successfully appropriated to the qualifying unit holders. The date for the distribution was May 5 and I suppose evidence must be presented after the transfer to verify that the Silverstone shares and warrants were properly allotted. Once this step is completed the exchange should list Silverstone for trading under the symbol SST. But no one said that this had to be done promptly!
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