30. Oct 2026
Description
(AWP Alliance News) - State Street Investment Management launched SPYMX, an institutional mutual fund share class of its SPDR Portfolio S&P 500 ETF, SPYM. The offering targets eligible employer- and state-sponsored retirement plans, including 401(k) and 403(b) plans, as well as other eligible institutional investors. Eligible retirement plans face no minimum investment.
SPYMX shares SPYM's underlying portfolio, giving investors S&P 500 exposure through a mutual fund structure compatible with retirement plan platforms. SPYM has more than USD 170 billion in assets under management.
https://www.businesswire.com/news/home/20261030096007/en/
Disclaimer: This news brief was created using generative artificial intelligence. State Street Corporation published the original content used to generate this news brief via Business Wire on October 30, 2026, and is solely responsible for the information contained therein.