SPDR® S&P MIDCAP 400 ETF Trust company info

What does SPDR® S&P MIDCAP 400 ETF Trust do?
The SPDR® S&P MIDCAP 400 ETF Trust (NYSE:MDY) operates as an exchange-traded fund designed to provide investment results that generally correspond to the price and yield performance of the S&P MidCap 400® Index. This ETF is focused on giving investors exposure to the mid-cap segment of the U.S. equity market, encompassing a diverse range of sectors. The trust's primary objective is to replicate the performance of the MidCap 400 Index, providing a balance between risk and return by investing in medium-sized U.S. companies. It aims to offer shareholders the opportunity for investment growth and capital appreciation over the long term. Through its portfolio, the SPDR S&P MIDCAP 400 ETF Trust offers investors a convenient and effective way to gain broad exposure to mid-cap U.S. equities, aligning with its strategic objective to mirror the dynamics and performance of the mid-tier market segment.
SPDR® S&P MIDCAP 400 ETF Trust company media
Company Snapshot

Is SPDR® S&P MIDCAP 400 ETF Trust a public or private company?

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Ownership
Public

What sector is SPDR® S&P MIDCAP 400 ETF Trust in?

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Sector
ETF

Where is the head office for SPDR® S&P MIDCAP 400 ETF Trust?

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Head Office
Boston, United States

What year was SPDR® S&P MIDCAP 400 ETF Trust founded?

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Year Founded
1995
What does SPDR® S&P MIDCAP 400 ETF Trust specialise in?
/Investment Fund /Equity Indexed /Midcap Exposure /Diversified Portfolio /Asset Management /Risk Management

What are the products and/or services of SPDR® S&P MIDCAP 400 ETF Trust?

Overview of SPDR® S&P MIDCAP 400 ETF Trust offerings
Provides exposure to mid-sized US companies, aiming for investment results that correspond to the performance of the S&P MidCap 400 Index.
Offers diversified portfolio across various sectors enhancing risk management.
Facilitates liquidity with its large volume of daily trades, making it accessible for investors.
Supports dividend reinvestment plan (DRIP) allowing investors to reinvest dividends automatically.
Enables tax efficiency through low portfolio turnover, potentially minimizing capital gains tax.
Provides transparency by disclosing holdings on a daily basis, allowing investors to stay informed.