In a recent SEC filing, State Street Navigator Securities Lending Trust (CIK: 0001011008) submitted Form N-MFP3. This filing is significant as it provides transparency into the securities lending activities of the trust. Form N-MFP3 is typically used by money market funds to report information about their portfolio holdings, such as the securities they have lent out for additional income.
State Street Navigator Securities Lending Trust is a trust managed by State Street Global Advisors, one of the world’s largest investment management firms. The trust likely engages in securities lending as a strategy to generate additional returns for its investors. More information about State Street Navigator Securities Lending Trust can be found on their official website.
Form N-MFP3 is a filing required by the Securities and Exchange Commission (SEC) under the Investment Company Act of 1940. It is used by money market funds to report their portfolio holdings and securities lending activities. By submitting this form, State Street Navigator Securities Lending Trust is providing regulators and investors with important information about its securities lending practices.
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