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SPDR SSgA 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) | $569 |
| Currency | USD |
| Expense ratio | 20 bp |
| Distributions | Monthly |
| Regulation | Open-End Investment Company |
| 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% |
| UNITED STATES TREASUR 1.6% 11/30/20 | 5.8 % |
| NISSAN MASTER OWNER T 2.7% 1/15/22 | 2.2 % |
| 0.0% 6/01/21 | 2.1 % |
| 0.0% 6/30/22 | 2.1 % |
| 0.0% 1/09/20 | 1.7 % |
| ENTERPRISE FLEET FINA 2.6% 7/20/22 | 1.6 % |
| 0.0% 4/13/20 | 1.5 % |
| 0.0% 3/08/21 | 1.5 % |
| ENTERPRISE FLEET FINA 3.0% 1/20/24 | 1.5 % |
| GM FINANCIAL AUTOMOBI 2.3% 8/20/20 | 1.4 % |
| TOTAL | 21.4 % |
|---|
| 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. |
| 4.4% | 4.4% | 2.5% | 2.1% | 1.9% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 0.10 | 43% |
| S&P500 | 0.03 | 19% |
| MSCI EAFE | 0.04 | 28% |
| MSCI Emg. Mkts. | 0.03 | 21% |
| Recent close | $40.54 |
| 30d moving avg. | $40.45 |
| Annualized volatility | 1.2% |
| Short interest (ETF) | 0.0% |
| Relative strength (RSI) | 58 |
| Avg. volume (thou.) | 128 |
| Avg. daily value traded (mns) | $5 |
| Turnover | 0.9% |
| 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 | 3.98% | -4.4% | $38.75 |
| +200 bp | 2.98% | -3.0% | $39.34 |
| +150 bp | 2.48% | -2.2% | $39.63 |
| +100 bp | 1.98% | -1.5% | $39.93 |
| +75 bp | 1.73% | -1.1% | $40.08 |
| +50 bp | 1.48% | -0.7% | $40.23 |
| +25 bp | 1.23% | -0.4% | $40.38 |
| 0 bp | 0.98% | 0% | $40.54 |
| -25 bp | 0.73% | 0.4% | $40.69 |
| -50 bp | 0.48% | 0.8% | $40.84 |
| -75 bp | 0.23% | 1.1% | $40.99 |
| -100 bp | -0.02% | 1.5% | $41.15 |
| -150 bp | -0.52% | 2.3% | $41.45 |
| -200 bp | -1.02% | 3.0% | $41.76 |
| -300 bp | -2.02% | 4.6% | $42.39 |
*Fund Category: AGGREGATE
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
98 | bp |
| Less: Annual "default factor" |
4 | bp |
| Less: Expense ratio | 20 | bp |
| Equals: ALTAR Score | 0.74 | % |
| Average ALTAR Score™ by Category | |
|---|---|
| Aggregate | 3.2% |
| Corporate | 4.0% |
| Emerging Market | 5.9% |
| Government | 7.1% |
| Inflation Protected | 2.7% |
| Mortgage | 5.1% |
| Municipals | 3.3% |
| *Note: The SPDR SSgA Ultra Short Term Bond ETF is classified as a Aggregate fund. | |