0001193125-24-003036.txt : 20240105 0001193125-24-003036.hdr.sgml : 20240105 20240105102958 ACCESSION NUMBER: 0001193125-24-003036 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240105 DATE AS OF CHANGE: 20240105 EFFECTIVENESS DATE: 20240105 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SSGA Active Trust CENTRAL INDEX KEY: 0001516212 ORGANIZATION NAME: IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-173276 FILM NUMBER: 24514827 BUSINESS ADDRESS: STREET 1: ONE LINCOLN STREET CITY: BOSTON STATE: MA ZIP: 02111 BUSINESS PHONE: 617-664-1465 MAIL ADDRESS: STREET 1: ONE LINCOLN STREET CITY: BOSTON STATE: MA ZIP: 02111 FORMER COMPANY: FORMER CONFORMED NAME: SSgA Active Trust DATE OF NAME CHANGE: 20141208 FORMER COMPANY: FORMER CONFORMED NAME: SSgA Active ETF Trust DATE OF NAME CHANGE: 20110322 0001516212 S000075269 SPDR(R) Blackstone High Income ETF C000234159 SPDR(R) Blackstone High Income ETF HYBL 497 1 d685416d497.htm BLACKSTONE HIGH INCOME ETF Blackstone High Income ETF

SSGA ACTIVE TRUST

SPDR® Blackstone High Income ETF

(the “Fund”)

Supplement dated January 5, 2024 to the Prospectus, Summary Prospectus and Statement of

Additional Information (“SAI”), each dated October 31, 2023, as may be supplemented from time to time

Effective immediately, Dan Smith no longer serves as a portfolio manager of the Fund. The remaining portfolio managers of the Fund continue to serve in such roles. In addition, Adam Dwinells, a portfolio manager of the Fund, has a new title with Blackstone Liquid Credit Strategies LLC, investment sub-adviser to the Fund. Accordingly, effective immediately, the Prospectus, Summary Prospectus and SAI are revised as follows:

 

  1)

All references to Dan Smith in the Prospectus, Summary Prospectus and SAI are deleted.

 

  2)

Adam Dwinells’ information in the “Portfolio Managers” section on page 8 of the Prospectus and page 7 of the Summary Prospectus is deleted and replaced with the following:

Adam Dwinells is a Senior Managing Director and Head of Systematic Strategies of the Sub-Adviser and a Portfolio Manager of the Fund. He joined Blackstone Liquid Credit Strategies LLC upon its acquisition of DCI, LLC, a fundamental systematic credit investing firm, in 2020.

 

  3)

Adam Dwinells’ biographical information in the “Portfolio Managers” discussion on page 149 of the Prospectus is deleted and replaced with the following:

Adam Dwinells is a Senior Managing Director and Head of Systematic Strategies for Blackstone Credit’s LCS unit (formerly DCI, LLC). Prior to Blackstone’s acquisition of DCI, LLC in 2020, Mr. Dwinells was Head of Portfolio Management at DCI, LLC where he was involved with portfolio management, strategy execution and investment technology. Prior to that, Mr. Dwinells was a Vice President at J.P. Morgan. Mr. Dwinells received a B.S. in Finance from Arizona State University.

PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE

010524SUPP1