SPDR Barclays Capital New York Municipal Bond ETF (the Fund), formerly SPDR Lehman New York Municipal Bond ETF seeks to provide investment results that correspond to the price and yield performance of the Barclays Capital Managed Money Municipal New York Index (the Index). The Barclays Capital Managed Money Municipal New York Index is a rules-based, market-value weighted index comprised of publicly traded New York municipal bonds that cover the United States dollar denominated tax exempt bond market, including state and local general obligation bonds, revenue bonds, insured bonds, and pre-refunded bonds. Each index security must be issued by authorities in New York, have an outstanding par value of at least $7 million and be issued as part of a transaction of at least $75 million. The bonds must be fixed rate and have a nominal maturity of one or more years. The investment manager of the Fund is SSgA Funds Management, Inc.