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home / news releases / XLU - GUT: Quick Note On The Rights Offering Results

XLU - GUT: Quick Note On The Rights Offering Results

SPDR Select Sector Fund - Utilities
  • GUT's rights offering was oversubscribed.
  • High premium enabled NAV accretion, which is a win-win for shareholders and managers.
  • We show how an investor could have taken advantage of the offering to gain +27% free shares of GUT.

For further details see:

GUT: Quick Note On The Rights Offering Results
Stock Information
Company Name: SPDR Select Sector Fund - Utilities
Stock Symbol: XLU
Market: NYSE
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