FYI: State Street Global is lowering its expense ratio for two fixed income SPDR ETFs and splitting shares on five equity SPDR ETFs.
The net expense ratios for the SPDR Bloomberg Barclays Mortgage Backed Bond ETF (MBG) is being lowered from 20 basis points to 6 basis points on Wednesday, and the SPDR Bloomberg Barclays Issuer Scored Corporate Bond ETF (CBND) is being lowered from 16 basis points to 6 on July 30, the Boston-based asset management business announced Wednesday
Regards,
Ted
https://www.fa-mag.com/news/state-street-global-is-changing-seven-sdpr-etfs-38932.html?print
