Summary by Moomoo AI
On September 30, 2024, SPDR S&P 500 ETF Trust released its annual report, highlighting a 12-month total return of 36.15% based on NAV, closely aligning with the S&P 500 Index's 36.35% return. The Trust's performance was influenced by operating expenses and an expense waiver, which, if absent, would have reduced returns.The Trust's net assets reached approximately $589.65 billion, with investments valued at $589.59 billion. The Trust's investment strategy involves holding a portfolio mirroring the S&P 500 Index, with each stock's weight in the portfolio corresponding to its weight in the Index.Looking forward, the Trust aims to continue providing investment results that correspond to the S&P 500 Index's performance, maintaining its strategy of holding a diversified portfolio of common stocks.
