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      <invstOrSec>
        <name>CMS Energy Corp</name>
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        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>CAPITAL ONE FINANCIAL CO</name>
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      <invstOrSec>
        <name>CAPITAL ONE FINANCIAL CO</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CAPITAL ONE FINANCIAL CO</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CARLYLE FINANCE LLC</name>
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      <invstOrSec>
        <name>Citigroup Capital XIII</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CITIZENS FINANCIAL GROUP</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CITIZENS FINANCIAL GROUP</name>
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        <fairValLevel>1</fairValLevel>
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        <name>CITIZENS FINANCIAL GROUP</name>
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        <name>COREBRIDGE FINANCIAL INC</name>
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        <name>DTE ENERGY CO</name>
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        <name>DTE ENERGY CO</name>
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        <name>DTE Energy Co</name>
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        <name>Digital Realty Trust Inc</name>
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        <name>Duke Energy Corp</name>
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        <name>Duke Energy Corp</name>
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        <name>Entergy Mississippi LLC</name>
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        <name>Entergy Louisiana LLC</name>
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        <name>EQUITABLE HOLDINGS INC</name>
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        <name>EQUITABLE HOLDINGS INC</name>
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        <name>F&amp;G ANNUITIES &amp; LIFE INC</name>
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      <invstOrSec>
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      <invstOrSec>
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      <invstOrSec>
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      <invstOrSec>
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      <invstOrSec>
        <name>Morgan Stanley</name>
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      <invstOrSec>
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      <invstOrSec>
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      <invstOrSec>
        <name>MORGAN STANLEY</name>
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        <title>Morgan Stanley</title>
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          <isin value="US61762V8046"/>
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      <invstOrSec>
        <name>MORGAN STANLEY</name>
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        <title>Morgan Stanley</title>
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      <invstOrSec>
        <name>MORGAN STANLEY</name>
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        <title>Morgan Stanley</title>
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      <invstOrSec>
        <name>MORGAN STANLEY</name>
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        <title>Morgan Stanley</title>
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        <name>Morgan Stanley</name>
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        <title>Morgan Stanley</title>
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        <name>NATIONAL RURAL UTIL COOP</name>
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      <invstOrSec>
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      <invstOrSec>
        <name>PUBLIC STORAGE</name>
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      <invstOrSec>
        <name>PUBLIC STORAGE</name>
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        <name>Regions Financial Corp</name>
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        <name>REGIONS FINANCIAL CORP</name>
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        <name>RENAISSANCERE HOLDINGS L</name>
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        <fairValLevel>1</fairValLevel>
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        <name>SCE TRUST VII</name>
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        <name>SOUTHERN CO</name>
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        <name>SOUTHERN CO</name>
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        <lei>549300ZFEEJ2IP5VME73</lei>
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        <name>T-MOBILE USA INC</name>
        <lei>549300V2JRLO5DIFGE82</lei>
        <title>T-Mobile USA Inc</title>
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        <name>T-MOBILE USA INC</name>
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      <invstOrSec>
        <name>T-MOBILE USA INC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>TPG OPERATING GROUP II</name>
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      <invstOrSec>
        <name>TENN VALLEY AUTHORITY</name>
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      <invstOrSec>
        <name>TRANSCANADA PIPELINES</name>
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      <invstOrSec>
        <name>TRUIST FINANCIAL CORP</name>
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      <invstOrSec>
        <name>TRUIST FINANCIAL CORP</name>
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      <invstOrSec>
        <name>UMB FINANCIAL CORP</name>
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      <invstOrSec>
        <name>US Bancorp</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>US BANCORP</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>US BANCORP</name>
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        <name>US BANCORP</name>
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        <name>US Bancorp</name>
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        <name>Unum Group</name>
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        <name>State Street Global Advisors</name>
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        <name>State Street Global Advisors</name>
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        <name>State Street Global Advisors</name>
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        <name>WELLS FARGO &amp; COMPANY</name>
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        <name>WELLS FARGO &amp; COMPANY</name>
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        <name>WELLS FARGO &amp; COMPANY</name>
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        <name>WELLS FARGO &amp; COMPANY</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="1370050.00000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ASPEN INSURANCE HLDG LTD</name>
        <lei>549300YX6HECG9XQCQ75</lei>
        <title>Aspen Insurance Holdings Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BMG053841620"/>
        </identifiers>
        <balance>101533.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1894605.78000000</valUSD>
        <pctVal>0.267668216819</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ASPEN INSURANCE HLDG LTD</name>
        <lei>549300YX6HECG9XQCQ75</lei>
        <title>Aspen Insurance Holdings Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BMG053842040"/>
        </identifiers>
        <balance>101144.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1868129.68000000</valUSD>
        <pctVal>0.263927696997</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RENAISSANCERE HOLDINGS L</name>
        <lei>EK6GB9U3U58PDI411C94</lei>
        <title>RenaissanceRe Holdings Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BMG7498P1279"/>
        </identifiers>
        <balance>199107.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2986605.00000000</valUSD>
        <pctVal>0.421944893831</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>



    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-07-29</ncom:dateSigned>
      <ncom:nameOfApplicant>SPDR SERIES TRUST</ncom:nameOfApplicant>
      <ncom:signature>Arthur Jensen</ncom:signature>
      <ncom:signerName>Arthur Jensen</ncom:signerName>
      <ncom:title>Deputy Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
