SPDR Portfolio Intermediate Term Treasury ETF T.ITE

Primary Symbol: SPTI

to provide investment results that before fees and expenses correspond generally to the price and yield performance of an index that tracks the intermediateterm sector of the United States Treasury market In seeking to track the performance of the Bloomberg 3-10 Year U.S. Treasury Index (the Index), the Fund employs a sampling strategy, which means that the Fund is not required to purchase all of the securities represented in the Index. Instead, the Fund may purchase a subset of the securities in the Index in an effort to hold a portfolio of securities with generally the same risk and return characteristics of the Index. The quantity of holdings in the Fund will be based on a number of factors, including asset size of the Fund. Based on its analysis of these factors, SSGA Funds Management, Inc.

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SPDR Portfolio Intermediate Term Treasury ETF > What exactly is the offer

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Comment by mjh9413on Aug 21, 2024 10:22am

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Post# 36189670

RE:What exactly is the offer

Yoiu get one shareof GTE for those 207 ITE shares so just divide 207 in GTE sp. Then convert pence cash portion to Cdn using cross exchange rate on the currency section of Stockhouse...actually deduct about 4c off the rate as retail won't get the higher rate. Voila, total cad value. We would get that 'special' div anyway so not part of valuation. I think that's correct.

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