- Among the 12 closures are eight international stock and bond ETFs, and three municipal ETFs.
- Nearly all the funds being closed have well less than $50M in AUM, the level State Street says is necessary for sustaining an ETF.
- The list: $2.7M SPDR MSCI EM Beyond Bric ETF (NYSEARCA:EMBB), $14.7M SPDR BofA EM Corporate Bond ETF (NYSEARCA:EMCD), $26M SPDR Barclays International High Yield Bond ETF (NYSEARCA:IJNK), $2.1M SPDR MSCI EM 50 ETF (NYSEARCA:EMFT), $28M SPDR Russell/Nomura PRIME Japan ETF (NYSEARCA:JPP), $55M SPDR Russell/Nomura Small Cap Japan ETF (NYSEARCA:JSC), $50M SPDR S&P International Mid Cap ETF (NYSEARCA:MDD), $74M SPDR S&P Bric 40 ETF (NYSEARCA:BIK), $60M SPDR Nuveen Barclays Build America Bond ETF (NYSEARCA:BABS), $149M SPDR Nuveen Barclays California Muni Bond ETF (NYSEARCA:CXA), $34M SPDR Nuveen Barclays New York Muni Bond ETF (NYSEARCA:INY), $2M SPDR SSGA Risk Aware ETF (NYSEARCA:RORO).
- The last day to trade the funds is Aug. 24. Proceeds from liquidations will be sent on or about Aug. 31.