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State Street Ultra Short Term Bond ETF
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- Description
- Performance
- Fundamentals
- Rate Sensitivity
- Rating
| SPDR SSgA Ultra Short Term Bond ETF is an exchange-traded fund incorporated in the USA. The fund seeks to provide current income consistent with preservation of capital and daily liquidity through short duration high quality investments. |
| Category | Aggregate |
| Fund Sponsor | SSgA Funds Management Inc |
| Website | www.spdrs.com |
| Inception date | Oct 09, 2013 |
| Assets (mns) | $513 |
| Currency | USD |
| Expense ratio | 20 bp |
| Distributions | Monthly |
| Regulation | Open-Ended Fund |
| Custodian | State Street Corp |
| Weighting | Not Applicable |
| Index replication | Not Applicable |
| No. of constituents | 68 |
| No of distinct issuers | 52 |
| Inflation protected | 0% |
| Variable/Fixed coupon | 87% /13% |
| Non-standard maturity (callable, etc.) | 33% |
| 0.0% // | 11.8 % |
| 0.0% // | 8.0 % |
| 0.0% // | 6.4 % |
| 0.0% // | 4.8 % |
| 0.0% // | 3.8 % |
| 0.0% // | 3.3 % |
| 0.0% // | 2.9 % |
| 0.0% // | 2.4 % |
| 0.0% // | 1.9 % |
| 0.0% // | 1.6 % |
| TOTAL | 46.8 % |
|---|
| U.S. TREASURY | 12.8% |
| SHELL INTERNATIONAL FINANCE BV | 2.5% |
| ROYAL BANK OF CANADA | 2.3% |
| BP CAPITAL MARKETS PLC | 2.3% |
| SIEMENS FINANCIERINGSMAATSCHAPPIJ NV | 2.3% |
 |
United States | 50.5 % |
 |
CANADA | 5.9 % |
 |
NETHERLANDS | 4.8 % |
 |
4.1 % | |
 |
AUSTRALIA | 2.6 % |
HISTORICAL RETURNS 
| Custom date range | Compare to | ||
| thru |
| Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
| 2.0% | 3.1% | 3.7% | 2.7% | 2.2% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 0.09 | 31% |
| S&P500 | 0.01 | 4% |
| MSCI EAFE | 0.01 | 10% |
| MSCI Emg. Mkts. | 0.01 | 6% |
| Recent close | $40.18 |
| 30d moving avg. | $40.25 |
| Annualized volatility | 1.0% |
| Short interest (ETF) | 0.1% |
| Relative strength (RSI) | 77 |
| Avg. volume (thou.) | 67 |
| Avg. daily value traded (mns) | $3 |
| Turnover | 0.5% |
| Bid/Ask (% of price) | 0.03 |
DISTRIBUTION YIELD (TRAILING 12 MONTHS)
| ULST | 1.5 yrs | Category Avg.* |
4.8 yrs |
| ULST | 1.5% | Category Avg.* |
4.7% |
| Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
| +300 bp | 4.57% | -4.4% | $38.41 |
| +200 bp | 3.57% | -3.0% | $38.99 |
| +150 bp | 3.07% | -2.2% | $39.29 |
| +100 bp | 2.57% | -1.5% | $39.58 |
| +75 bp | 2.32% | -1.1% | $39.73 |
| +50 bp | 2.07% | -0.7% | $39.88 |
| +25 bp | 1.82% | -0.4% | $40.03 |
| 0 bp | 1.57% | 0% | $40.18 |
| -25 bp | 1.32% | 0.4% | $40.33 |
| -50 bp | 1.07% | 0.8% | $40.48 |
| -75 bp | 0.82% | 1.1% | $40.63 |
| -100 bp | 0.57% | 1.5% | $40.78 |
| -150 bp | 0.07% | 2.3% | $41.09 |
| -200 bp | -0.43% | 3.0% | $41.40 |
| -300 bp | -1.43% | 4.6% | $42.02 |
*Fund Category: AGGREGATE
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
157 | bp |
| Less: Annual "default factor" |
4 | bp |
| Less: Expense ratio | 20 | bp |
| Equals: ALTAR Score | 1.33 | % |
| Average ALTAR Score™ by Category | |
|---|---|
| Aggregate | 2.9% |
| Corporate | 4.3% |
| Emerging Market | 5.6% |
| Government | 7.1% |
| Inflation Protected | 2.2% |
| Mortgage | 4.6% |
| Municipals | 3.4% |
| *Note: The State Street Ultra Short Term Bond ETF is classified as a Aggregate fund. | |