Key facts about SSO's December 2024 distribution

State Street Global Advisors (ASX:SSO) has announced the distribution details for the SPDR S&P/ASX Small Ordinaries Fund for the period ending 31 December 2024. The distribution is 13.3458 cents per unit, with 4.8019 cents in franking credits and 0.2413 cents in foreign tax credits. It will be paid on 13 January 2025, with a record date of 31 December 2024.

Comprehensive summary of SSO announcement

State Street Global Advisors has detailed the distribution for the SPDR S&P/ASX Small Ordinaries Fund, set at 13.3458 cents per unit. Accompanying this are 4.8019 cents in franking credits and 0.2413 cents in foreign tax credits. Payment is scheduled for 13 January 2025, with the record date on 31 December 2024. The fund is recognized as a managed investment trust under the Taxation Administration Act for the income year ending 30 June 2025. The distribution reinvestment plan is operational, allowing participants to reinvest distributions into units, except for US investors. Key dates include units trading ex-distribution from 30 December 2024, and the primary market closing and reopening on 30 and 31 December 2024, respectively. Investors are encouraged to review all relevant documents and consult with financial advisors before making investment decisions.

Executive commentary on SSO distribution

The fund has declared itself as a managed investment trust under the Taxation Administration Act 1953 for the income year ending 30 June 2025. The distribution reinvestment plan is available, except for US investors.