State Street Investment Management has announced an important shift in how its widely known Select Sector SPDR ETFs are brought to market. Effective , State Street Global Advisors Funds Distributors, LLC will serve as the official distributor for the entire Select Sector SPDR ETF family a move that brings distribution and marketing fully in-house.
This transition marks a strategic step toward creating a more cohesive and investor-focused experience. While the change reorganizes how the ETFs reach investors, it does not affect how the funds are managed or their underlying investment objectives.
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Anna Paglia, Chief Business Officer for State Street Investment Management, emphasized the impact of this evolution on the investor experience. She noted that the Select Sector SPDRs launched nearly 30 years ago have become foundational tools for those looking to invest by sector. By consolidating advisory, distribution, research, and investment content under one State Street umbrella, the firm aims to give investors deeper insights, better tools, and greater access to high-quality sector research.
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State Street has served as the investment adviser to this pioneering suite of sector ETFs since their inception in 1998. As of September 30, 2025, the 11 Select Sector SPDR ETFs collectively held more than $332 billion in assets, making them the largest suite of sector-focused ETFs covering the full S&P 500. The move to internalize distribution follows recent share split announcements involving five funds in the suite.
To support this new chapter, State Street has established a specialized Select Sector SPDR team dedicated to providing investors with improved services, including an enhanced website featuring upgraded tools, deeper research capabilities, and easier access to fund information.
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The firm has also updated the names of all 11 funds to align with its ongoing rebranding efforts. For example, the Communication Services Select Sector SPDR Fund (XLC) will now be known as the State Street Communication Services Select Sector SPDR ETF, reflecting a fully unified brand identity across the lineup.
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