Exhibit (h)(xxix)
AMENDMENT NO. 2 TO FUND OF FUNDS INVESTMENT AGREEMENT
This Amendment No. 2 of the Fund of Funds Investment Agreement (the “Amendment”) dated as of September 25, 2026 (the “Effective Date”), is made between The Arbitrage Funds, on behalf of its series listed on Schedule A, severally and not jointly (each, the “Acquiring Fund”), and SPDR Series Trust, SPDR Index Shares Funds and SSGA Active Trust , on behalf of each of its series listed on Schedule B, severally and not jointly (each, the “Acquired Fund” and together with the Acquiring Funds, the “Funds”).
WHEREAS, each of The Arbitrage Funds, SPDR Series Trust, SPDR Index Shares Funds and SSGA Active Trust (the “Parties”) are parties to the Fund of Funds Investment Agreement (the “Agreement”) dated January 19, 2022, as amended; and
WHEREAS, the Parties desire to amend the Agreement on the terms and conditions set forth herein;
NOW, THEREFORE, in consideration of the promises and mutual considerations contained herein, and intending to be legally bound hereby, the Parties agree as follows:
| 1. | Schedule A to the Agreement is hereby replaced in its entirety with the Schedule A attached hereto. |
| 2. | Notwithstanding anything to the contrary in the Agreement, until November 27, 2026, any Acquiring Fund that was not listed on the Schedule A in effect immediately prior to this Amendment No. 2 is prohibited from making an initial acquisition of shares of any Acquired Fund in excess of the Section 12(d)(1)(A)(i) limits of the 1940 Act. |
| 3. | Schedule B to the Agreement is hereby replaced in its entirety with the Schedule A attached hereto. |
| 4. | All terms used and not otherwise defined herein shall have the same meaning ascribed to them in the Agreement between the parties hereto. |
| 5. | All other terms, conditions, provisions, and sections of the Agreement shall remain in full force and effect. |
| 6. | This Amendment may be executed in two or more counterparts, each of which when so executed shall be deemed to be an original, but such counterparts shall together constitute one and the same document. |
Information Classification: General
IN WITNESS WHEREOF, the parties have executed this Amendment as of the date first above written.
Agreed and acknowledged:
SPDR SERIES TRUST
SPDR INDEX SHARES FUNDS
SSGA ACTIVE TRUST
(each on behalf of their series listed on Schedule B, severally and not jointly)
| By: | /s/ Ann M.Carpenter |
| Name: | Ann M.Carpenter |
| Title: | President |
[Remainder of page intentionally left blank; Acquiring Fund signature page follows]
Information Classification: General
THE ARBITRAGE FUNDS
(each on behalf of their series listed on Schedule A, severally and not jointly)
| By: | /s/ Jon Hickey |
| Name: | Jon Hickey |
| Title: | Chief Financial Officer |
Information Classification: General
SCHEDULE A
List of Acquiring Fund(s) to Which the Agreement Applies
The Arbitrage Funds
| · | Arbitrage Fund | |
| · | Water Island Event-Driven Fund | |
| · | Water Island Credit Opportunities Fund | |
| · | AltShares Merger Arbitrage ETF (added on 9/25/26) | |
| · | AltShares Event-Driven ETF (added on 9/25/26) |
Information Classification: General
Schedule B - List of Acquired Funds
| SPDR Equity Index | Ticker | Trust |
| State Street SPDR MSCI ACWI ex-US ETF## | CWI | SPDR Index Shares Funds |
| State Street SPDR Dow Jones Global Real Estate ETF## | RWO | SPDR Index Shares Funds |
| State Street SPDR S&P International Dividend ETF## | DWX | SPDR Index Shares Funds |
| State Street SPDR S&P Global Natural Resources ETF## | GNR | SPDR Index Shares Funds |
| State Street SPDR S&P Global Infrastructure ETF## | GII | SPDR Index Shares Funds |
| State Street SPDR Portfolio Developed World ex-US ETF## | SPDW | SPDR Index Shares Funds |
| State Street SPDR Portfolio Emerging Markets ETF## | SPEM | SPDR Index Shares Funds |
| State Street SPDR S&P Emerging Asia Pacific ETF## | GMF | SPDR Index Shares Funds |
| State Street SPDR S&P China ETF## | GXC | SPDR Index Shares Funds |
| State Street SPDR S&P International Small Cap ETF## | GWX | SPDR Index Shares Funds |
| State Street SPDR S&P Emerging Markets Small Cap ETF## | EWX | SPDR Index Shares Funds |
| State Street SPDR S&P Emerging Markets Dividend ETF## | EDIV | SPDR Index Shares Funds |
| State Street SPDR Dow Jones International Real Estate ETF## | RWX | SPDR Index Shares Funds |
| State Street SPDR S&P North American Natural Resources ETF | NANR | SPDR Index Shares Funds |
| State Street SPDR S&P Global Dividend ETF## | WDIV | SPDR Index Shares Funds |
| State Street SPDR Portfolio MSCI Global Stock Market ETF## | SPGM | SPDR Index Shares Funds |
| State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF## | EFAX | SPDR Index Shares Funds |
| State Street SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF## | EEMX | SPDR Index Shares Funds |
| State Street SPDR MSCI EAFE StrategicFactors ETF## | QEFA | SPDR Index Shares Funds |
| State Street SPDR MSCI Emerging Markets StrategicFactors ETF## | QEMM | SPDR Index Shares Funds |
| State Street SPDR MSCI World StrategicFactors ETF## | QWLD | SPDR Index Shares Funds |
| State Street SPDR MSCI ACWI Climate Paris Aligned ETF^## | NZAC | SPDR Index Shares Funds |
| State Street SPDR Portfolio Europe ETF## | SPEU | SPDR Index Shares Funds |
| State Street SPDR EURO STOXX 50 ETF## | FEZ | SPDR Index Shares Funds |
| State Street SPDR S&P 1500 Value Tilt ETF* | VLU | SPDR Series Trust |
| State Street SPDR S&P 1500 Momentum Tilt ETF* | MMTM | SPDR Series Trust |
| State Street SPDR US Large Cap Low Volatility Index ETF* | LGLV | SPDR Series Trust |
| State Street SPDR US Small Cap Low Volatility Index ETF* | SMLV | SPDR Series Trust |
| State Street SPDR Portfolio S&P 600 Small Cap ETF* | SPSM | SPDR Series Trust |
| State Street SPDR Portfolio S&P 500 High Dividend ETF* | SPYD | SPDR Series Trust |
| State Street SPDR NYSE Technology ETF* | XNTK | SPDR Series Trust |
| State Street SPDR S&P 600 Small Cap Growth ETF* | SLYG | SPDR Series Trust |
| State Street SPDR Portfolio S&P 500 Growth ETF* | SPYG | SPDR Series Trust |
| State Street SPDR Portfolio S&P 500 Value ETF* | SPYV | SPDR Series Trust |
| State Street SPDR Dow Jones REIT ETF* | RWR | SPDR Series Trust |
| State Street SPDR Global Dow ETF* | DGT | SPDR Series Trust |
| State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF* | SPTM | SPDR Series Trust |
| State Street SPDR S&P Homebuilders ETF* | XHB | SPDR Series Trust |
| State Street SPDR S&P 600 Small Cap Value ETF* | SLYV | SPDR Series Trust |
| State Street SPDR S&P Semiconductor ETF* | XSD | SPDR Series Trust |
| State Street SPDR ICE Preferred Securities ETF* | PSK | SPDR Series Trust |
| State Street SPDR S&P Aerospace & Defense ETF* | XAR | SPDR Series Trust |
| State Street SPDR S&P Health Care Equipment ETF* | XHE | SPDR Series Trust |
| State Street SPDR S&P Health Care Services ETF* | XHS | SPDR Series Trust |
| State Street SPDR S&P Biotech ETF* | XBI | SPDR Series Trust |
Information Classification: Limited Access
| State Street SPDR S&P Software & Services ETF | XSW | SPDR Series Trust |
| State Street SPDR S&P Oil & Gas Equipment & Services ETF* | XES | SPDR Series Trust |
| State Street SPDR S&P Oil & Gas Exploration & Production ETF* | XOP | SPDR Series Trust |
| State Street SPDR S&P Pharmaceuticals ETF* | XPH | SPDR Series Trust |
| State Street SPDR S&P Retail ETF* | XRT | SPDR Series Trust |
| State Street SPDR S&P Transportation ETF* | XTN | SPDR Series Trust |
| State Street SPDR S&P Regional Banking ETF* | KRE | SPDR Series Trust |
| State Street SPDR S&P Telecom ETF* | XTL | SPDR Series Trust |
| State Street SPDR Portfolio S&P 500 ETF* | SPYM** | SPDR Series Trust |
| State Street SPDR Portfolio S&P 400 Mid Cap ETF* | SPMD | SPDR Series Trust |
| State Street SPDR S&P 400™ Mid Cap Value ETF* | MDYV | SPDR Series Trust |
| State Street SPDR S&P 400 Mid Cap Growth ETF* | MDYG | SPDR Series Trust |
| State Street SPDR S&P Bank ETF* | KBE | SPDR Series Trust |
| State Street SPDR S&P Insurance ETF* | KIE | SPDR Series Trust |
| State Street SPDR S&P Capital Markets ETF* | KCE | SPDR Series Trust |
| State Street SPDR S&P Dividend ETF* | SDY | SPDR Series Trust |
| State Street SPDR S&P Metals & Mining ETF* | XME | SPDR Series Trust |
| State Street SPDR Russell 1000 Yield Focus ETF* | ONEY | SPDR Series Trust |
| State Street SPDR Russell 1000 Momentum Focus ETF* | ONEO | SPDR Series Trust |
| State Street SPDR Russell 1000 Low Volatility Focus ETF* | ONEV | SPDR Series Trust |
| State Street SPDR MSCI USA Gender Diversity ETF* | SHE | SPDR Series Trust |
| State Street SPDR FactSet Innovative Technology ETF* | XITK | SPDR Series Trust |
| State Street SPDR S&P Kensho Intelligent Structures ETF* (2/23/2027 liquidation date) | SIMS | SPDR Series Trust |
| State Street SPDR S&P Kensho Future Security ETF* | FITE | SPDR Series Trust |
| State Street SPDR S&P Kensho Smart Mobility ETF* (2/3/2027 liquidation date) | HAIL | SPDR Series Trust |
| State Street SPDR S&P Kensho New Economies Composite ETF* | KOMP | SPDR Series Trust |
| State Street SPDR S&P Kensho Final Frontiers ETF* | ROKT | SPDR Series Trust |
| State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF* | SPYX | SPDR Series Trust |
| State Street SPDR S&P Kensho Clean Power ETF* | CNRG | SPDR Series Trust |
| State Street SPDR MSCI USA StrategicFactorsSM ETF* | QUS | SPDR Series Trust |
| State Street SPDR S&P 500 ESG ETF* | EFIV | SPDR Series Trust |
| Added 2/28/2022 | ||
| State Street SPDR S&P SmallCap 600 ESG ETF* (liquidated 5/18/2026) | ESIX | SPDR Series Trust |
| State Street SPDR MSCI USA Climate Paris Aligned ETF* (liquidated 5/18/2026) | NZUS | SPDR Series Trust |
| Added November 30, 2023 | ||
| State Street SPDR Portfolio S&P Sector Neutral Dividend ETF* | SPDG | SPDR Series Trust |
| Added 8/31/2024 | ||
| State Street SPDR S&P Emerging Markets Ex-China ETF^^ | XCNY | SPDR Series Trust |
| State Street SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF+ | CERY | SPDR Series Trust |
| Added 5/29/2026 | ||
| State Street SPDR Portfolio Nasdaq 100 ETF | QNDX | SPDR Series Trust |
| Added 8/28/2026 | ||
| State Street SPDR UC Investments 90/10 Endowment Strategy Index ETF | UCBG | SPDR Series Trust |
Information Classification: Limited Access
| SPDR Fixed Income | Ticker | Trust |
| State Street Ultra Short Term Bond ETF* | ULST | SSGA Active Trust |
| State Street SPDR Portfolio Intermediate Term Treasury ETF* | SPTI | SPDR Series Trust |
| State Street SPDR Portfolio Long Term Treasury ETF* | SPTL | SPDR Series Trust |
| State Street SPDR Portfolio TIPS ETF* | SPIP | SPDR Series Trust |
| State Street SPDR Bloomberg High Yield Bond ETF* | JNK | SPDR Series Trust |
| State Street SPDR Bloomberg International Treasury Bond ETF^^ | BWX | SPDR Series Trust |
| State Street SPDR FTSE International Government Inflation-Protected Bond ETF^^ | WIP | SPDR Series Trust |
| State Street SPDR Bloomberg Emerging Markets Local Bond ETF^^ | EBND | SPDR Series Trust |
| State Street SPDR Portfolio Mortgage Backed Bond ETF* | SPMB | SPDR Series Trust |
| State Street SPDR Portfolio Intermediate Term Corporate Bond ETF* | SPIB | SPDR Series Trust |
| State Street SPDR Portfolio Long Term Corporate Bond ETF* | SPLB | SPDR Series Trust |
| State Street SPDR Bloomberg Convertible Securities ETF* | CWB | SPDR Series Trust |
| SPDR Bloomberg Barclays Short Term International Treasury Bond ETF | BWZ | SPDR Series Trust |
| State Street SPDR Portfolio Short Term Corporate Bond ETF* | SPSB | SPDR Series Trust |
| SPDR Bloomberg Barclays International Corporate Bond ETF | IBND | SPDR Series Trust |
| State Street SPDR Portfolio Corporate Bond ETF* | SPBO | SPDR Series Trust |
| State Street SPDR Bloomberg Investment Grade Floating Rate ETF* | FLRN | SPDR Series Trust |
| State Street SPDR Portfolio Aggregate Bond ETF* | SPAB | SPDR Series Trust |
| State Street SPDR Portfolio Short Term Treasury ETF* | SPTS | SPDR Series Trust |
| State Street SPDR Bloomberg Short Term High Yield Bond ETF* | SJNK | SPDR Series Trust |
| State Street SPDR Bloomberg 1-10 Year TIPS ETF* | TIPX | SPDR Series Trust |
| State Street SPDR Portfolio High Yield Bond ETF* | SPHY | SPDR Series Trust |
| State Street SPDR Bloomberg 1-3 Month T-Bill ETF* | BIL | SPDR Series Trust |
| State Street SPDR Bloomberg 3-12 Month T-Bill ETF* | BILS | SPDR Series Trust |
| State Street SPDR Bloomberg Emerging Markets USD Bond ETF* | EMHC | SPDR Series Trust |
| Added 2/28/2022 | ||
| State Street SPDR MarketAxess Investment Grade 400 Corporate Bond ETF* (liquidated 5/18/2026) | LQIG | SPDR Series Trust |
| Added 5/31/2024 | ||
| State Street SPDR Portfolio Treasury ETF* | SPTB | SPDR Series Trust |
| Added 8/29/2025 | ||
| State Street SPDR Portfolio Ultra Short T-Bill ETF | SPTU | SPDR Series Trust |
| Added 1/12/2026 | ||
| State Street SPDR S&P Leveraged Loan ETF | LVLN | SPDR Series Trust |
| Added 8/31/2024 | ||
| State Street My2026 Corporate Bond ETF# | MYCF | SSGA Active Trust |
| State Street My2027 Corporate Bond ETF# | MYCG | SSGA Active Trust |
| State Street My2028 Corporate Bond ETF# | MYCH | SSGA Active Trust |
| State Street My2029 Corporate Bond ETF# | MYCI | SSGA Active Trust |
| State Street My2030 Corporate Bond ETF# | MYCJ | SSGA Active Trust |
| State Street My2031 Corporate Bond ETF# | MYCK | SSGA Active Trust |
| State Street My2032 Corporate Bond ETF# | MYCL | SSGA Active Trust |
| State Street My2033 Corporate Bond ETF# | MYCM | SSGA Active Trust |
| State Street My2034 Corporate Bond ETF# | MYCN | SSGA Active Trust |
Information Classification: Limited Access
| State Street My2026 Municipal Bond ETF# | MYMF | SSGA Active Trust |
| State Street My2027 Municipal Bond ETF# | MYFG | SSGA Active Trust |
| State Street My2028 Municipal Bond ETF# | MYFH | SSGA Active Trust |
| State Street My2029 Municipal Bond ETF# | MYFI | SSGA Active Trust |
| State Street My2030 Municipal Bond ETF# | MYFJ | SSGA Active Trust |
| Added 8/29/2025 | ||
| State Street My2035 Corporate Bond ETF# | MYCO | SSGA Active Trust |
| State Street My2031 Municipal Bond ETF# | MYMK | SSGA Active Trust |
| Added 11/26/2025 | ||
| State Street My2027 High Yield Corporate Bond ETF | MYHA | SSGA Active Trust |
| State Street My2028 High Yield Corporate Bond ETF | MYHB | SSGA Active Trust |
| State Street My2029 High Yield Corporate Bond ETF | MYHC | SSGA Active Trust |
| State Street My2030 High Yield Corporate Bond ETF | MYHD | SSGA Active Trust |
| State Street My2031 High Yield Corporate Bond ETF | MYHE | SSGA Active Trust |
| Added 8/28/2025 | ||
| State Street My2036 Corporate Bond ETF | MYCP | SSGA Active Trust |
| State Street My2032 Municipal Bond ETF | MYML | SSGA Active Trust |
| State Street My2032 High Yield Corporate Bond ETF | MYHF | SSGA Active Trust |
| SPDR Sub-Advised | Ticker | Trust |
| State Street Blackstone Senior Loan ETF* | SRLN | SSGA Active Trust |
| State Street DoubleLine Total Return Tactical ETF* | TOTL | SSGA Active Trust |
| State Street DoubleLine Emerging Markets Fixed Income ETF* (liquidated 7/27/2026) | EMTL | SSGA Active Trust |
| State Street SPDR Nuveen ICE Short Term Municipal Bond ETF* | SHM | SPDR Series Trust |
| State Street SPDR Nuveen ICE Municipal Bond ETF* | TFI | SSGA Active Trust |
| State Street SPDR Nuveen ICE High Yield Municipal Bond ETF* | HYMB | SPDR Series Trust |
| State Street Nuveen Municipal Bond ETF* (2/23/2027 liquidation date) | MBND | SPDR Series Trust |
| Added 2/28/2022: | ||
| State Street Nuveen Municipal Bond ESG ETF* (liquidated 5/18/2026) | MBNE | SSGA Active Trust |
^^ Fund names were changed as of 4/30/2026
+Fund names were changed as of 3/31/2026
## Fund names were changed as of 1/31/2026
^Fund Name and ticker were changed as of 4/22/2022
*Fund name change effective October 31, 2025
**Ticker Change effective October 31, 2025
#Fund name change effective 12/30/2025
Information Classification: Limited Access