State Street My2027 Municipal Bond ETF (State Street My2027 Municipal B) ETF

Under normal circumstances, SSGA Funds Management, Inc. (the “Adviser” or “SSGA FM”) invests at least 80% of the fund’s net assets (plus borrowings for investment purposes) in investments the income of which is exempt from regular federal income tax. The fund primarily invests in municipal bonds maturing in the year 2027, which may include bonds with embedded issuer call options falling within that year. The fund is non-diversified.