In light of the current market conditions, Bloomberg Barclays Indices has determined to substantially continue the standard rebalance for March month-end in accordance with their published index methodology but temporarily suspend the exclusion of index bonds falling below one year to maturity. Aside from this change, Bloomberg Barclays expect to proceed with the end of April rebalance as per normal procedures.


SPDR® Bloomberg Barclays U.S. Corporate Bond UCITS ETF (Dist) SYB1 GY

Important Risk Disclosure

ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETFs net asset value. Brokerage commissions and ETF expenses will reduce returns.

Bonds generally present less short-term risk and volatility than stocks, but contain interest rate risk (as interest rates raise, bond prices usually fall); issuer default risk; issuer credit risk; liquidity risk; and inflation risk. These effects are usually pronounced for longer-term securities. Any fixed income security sold or redeemed prior to maturity may be subject to a substantial gain or loss.

Investing in foreign domiciled securities may involve risk of capital loss from unfavorable fluctuation in currency values, withholding taxes, from differences in generally accepted accounting principles or from economic or political instability in other nations.

NAV USD (Official NAV)

$31,73

as of 31 Mar 2020

Base Fund Currency

USD

1 Day Nav Change

+$0,22 (+0,68%)

as of 31 Mar 2020

Assets Under Management (millions)

$21,30 M

as of 31 Mar 2020

TER

0,20%

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as of 29 Feb 2020


Fund Objective

Fund Objective

The objective of the Fund is to track the performance of the U.S. Dollar-denominated investment grade, fixed-rate, taxable, corporate bond market.


Index Description

Index Description

The Index measures the performance of the investment grade U.S. corporate bond market. Securities must be fixed rate, U.S. dollar denominated, taxable and rated investment grade as defined by the Index methodology. Inclusion is based on the currency of the issue, not the domicile of the issuer.


Fund Information as of 31 Mar 2020

Fund Information as of 31 Mar 2020
ISIN iNAV Ticker

*These ticker codes are representative of the primary listing exchange.

Inception Date Countries of Registration Base Fund Currency Income Treatment Settlement Cycle
IE00B3VY0M37 INSYB1E 17 Feb 2016 Austria, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Norway, Spain, Sweden, Switzerland, United Kingdom USD Distribution Redemption Settlement Cycle, DD+2; Subscription Settlement Cycle, DD+2
ISIN IE00B3VY0M37
iNAV Ticker

*These ticker codes are representative of the primary listing exchange.

INSYB1E
Inception Date 17 Feb 2016
Countries of Registration Austria, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Norway, Spain, Sweden, Switzerland, United Kingdom
Base Fund Currency USD
Income Treatment Distribution
Settlement Cycle Redemption Settlement Cycle, DD+2; Subscription Settlement Cycle, DD+2
Trading Cycle TER Benchmark Minimum Investment Trading Currency UCITS Compliant Domicile
DD 0,20% Bloomberg Barclays U.S. Corporate Bond Index 1 Share EUR, GBP, USD Yes Ireland
Trading Cycle DD
TER 0,20%
Benchmark Bloomberg Barclays U.S. Corporate Bond Index
Minimum Investment 1 Share
Trading Currency EUR, GBP, USD
UCITS Compliant Yes
Domicile Ireland
Investment Manager Fund Umbrella Replication Method Distribution Frequency PEA Eligible ISA Eligible SIPP Eligible
State Street Global Advisors Limited SSGA SPDR ETFs Europe I plc Stratified Sampling Semi-Annually No Yes Yes
Investment Manager State Street Global Advisors Limited
Fund Umbrella SSGA SPDR ETFs Europe I plc
Replication Method Stratified Sampling
Distribution Frequency Semi-Annually
PEA Eligible No
ISA Eligible Yes
SIPP Eligible Yes
UK Reporting Status
Yes
UK Reporting Status Yes

Listing and Ticker Information as of 01 Apr 2020

Listing and Ticker Information as of 01 Apr 2020

Exchange Deutsche Börse (Primary)
Trading Currency EUR
Listing Date 18 Feb 2016
Exchange Ticker SYB1
SEDOL Code BZ6TGS5
Bloomberg Code SYB1 GY
Reuters Code SYB1.DE
Exchange London Stock Exchange
Trading Currency GBP
Listing Date 22 Feb 2016
Exchange Ticker USCB
SEDOL Code B6WFJ85
Bloomberg Code USCB LN
Reuters Code USCB.L
Exchange London Stock Exchange
Trading Currency USD
Listing Date 22 Feb 2016
Exchange Ticker USCO
SEDOL Code B3VY0M3
Bloomberg Code USCO LN
Reuters Code USCO.L
Exchange SIX Swiss Exchange
Trading Currency USD
Listing Date 25 Aug 2016
Exchange Ticker USCO
SEDOL Code BD577P0
Bloomberg Code USCO SE
Reuters Code USCO.S
Exchange Borsa Italiana
Trading Currency EUR
Listing Date 24 Jan 2017
Exchange Ticker USCO
SEDOL Code BYWJ9Z0
Bloomberg Code USCO IM
Reuters Code USCO.MI
Exchange Trading Currency Listing Date Exchange Ticker SEDOL Code Bloomberg Code Reuters Code
Deutsche Börse (Primary) EUR 18 Feb 2016 SYB1 BZ6TGS5 SYB1 GY SYB1.DE
London Stock Exchange GBP 22 Feb 2016 USCB B6WFJ85 USCB LN USCB.L
London Stock Exchange USD 22 Feb 2016 USCO B3VY0M3 USCO LN USCO.L
SIX Swiss Exchange USD 25 Aug 2016 USCO BD577P0 USCO SE USCO.S
Borsa Italiana EUR 24 Jan 2017 USCO BYWJ9Z0 USCO IM USCO.MI

INAV

INAV

Estimated NAV per Unit at 4PM, Hong Kong as of Estimated NAV per Unit as of (Updated every 15 seconds)
As of (Updated every 15 seconds)
INAV TICKER CURRENCY INAV
Estimated NAV per Unit at 4PM, Hong Kong as of
Estimated NAV per Unit as of (Updated every 15 seconds)
As of (Updated every 15 seconds)
INAV TICKER
CURRENCY
INAV

The Indicative NAV per share should not be viewed as the actual NAV per share. The Indicative NAV per share is provided for reference purposes only and may differ from the actual NAV per share calculated in accordance with the Prospectus.


Fund Characteristics as of 31 Mar 2020

Fund Characteristics as of 31 Mar 2020
Current Yield Effective Convexity Effective Duration Number of Holdings Yield to Maturity Average Maturity in Years Average Price
3,83% 1,19% 7,98 929 3,50% 11,89 $105,85
Current Yield 3,83%
Effective Convexity 1,19%
Effective Duration 7,98
Number of Holdings 929
Yield to Maturity 3,50%
Average Maturity in Years 11,89
Average Price $105,85

Fund Market Price as of 31 Mar 2020

Fund Market Price as of 31 Mar 2020
Bid Price Offer Price Closing Price Bid/Offer Spread Day High Day Low 52 Week High
€29,00 €29,18 €29,09 €0,18 €29,27 €29,00 €31,56
Bid Price €29,00
Offer Price €29,18
Closing Price €29,09
Bid/Offer Spread €0,18
Day High €29,27
Day Low €29,00
52 Week High €31,56
52 Week Low
€26,34
52 Week Low €26,34

Fund Net Asset Value as of 31 Mar 2020

Fund Net Asset Value as of 31 Mar 2020
NAV USD (Official NAV) NAV EUR NAV GBP Assets Under Management (millions) Shares in Issue
$31,73 €28,92 £25,59 $21,30 M 671 080
NAV USD (Official NAV) $31,73
NAV EUR €28,92
NAV GBP £25,59
Assets Under Management (millions) $21,30 M
Shares in Issue 671 080
Most Recent NAV/NAV History

Reference NAVs are calculated for information purposes only. No warranty is provided as to the accuracy of reference NAVs. Reference NAVs are calculated with WM1600 FX (London time) rate applied in the currency indicated.


Yields as of 31 Mar 2020

Yields as of 31 Mar 2020
Distribution Yield

This measures the 12 month historical dividend pay-out per share divided by the NAV.

3,68%
Distribution Yield

This measures the 12 month historical dividend pay-out per share divided by the NAV.

3,68%

Fund Performance
View as

Fund Performance

  • Fund Inception Date: 17 Feb 2016
  • Index Inception Date: 09 Jan 2000
As Of 1 Month 3 Month YTD 1 Year 3 Year 5 Year Since Inception
17 Feb 2016
Fund Net 29 Feb 2020 1,26% 3,97% 3,63% 15,81% 21,05% - 29,97%
Difference 29 Feb 2020 -0,08% -0,08% -0,08% 0,00% -0,42% - -0,93%
Fund Gross 29 Feb 2020 1,28% 4,02% 3,67% 16,04% 21,78% - 31,02%
Difference 29 Feb 2020 -0,06% -0,02% -0,05% 0,23% 0,31% - 0,12%
Index
Bloomberg Barclays U.S. Corporate Bond Index
29 Feb 2020 1,34% 4,05% 3,71% 15,81% 21,47% 27,35% 30,90%

as of 29 Feb 2020

As Of 1 Month 3 Month YTD 1 Year 3 Year 5 Year Since Inception
17 Feb 2016
Fund Net 29 Feb 2020 1,26% 3,97% 3,63% 15,81% 6,57% - 6,72%
Difference 29 Feb 2020 -0,08% -0,08% -0,08% 0,00% -0,12% - -0,19%
Fund Gross 29 Feb 2020 1,28% 4,02% 3,67% 16,04% 6,79% - 6,93%
Difference 29 Feb 2020 -0,06% -0,02% -0,05% 0,23% 0,09% - 0,02%
Index
Bloomberg Barclays U.S. Corporate Bond Index
29 Feb 2020 1,34% 4,05% 3,71% 15,81% 6,70% 4,95% 6,90%

as of 29 Feb 2020

2020 (YTD) 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund Net 3,63% 14,73% -2,77% 6,15% 5,91% - - - - - -
Difference -0,08% 0,19% -0,26% -0,27% -0,30% - - - - - -
Fund Gross 3,67% 14,96% -2,57% 6,36% 6,10% - - - - - -
Difference -0,05% 0,42% -0,07% -0,06% -0,11% - - - - - -
Index
Bloomberg Barclays U.S. Corporate Bond Index
3,71% 14,54% -2,51% 6,42% 6,21% -0,68% 7,46% -1,53% 9,82% 8,15% 9,00%

as of 29 Feb 2020

Performance Gross and Net of All Fees.

Capital Risk: Investing involves risk including the risk of loss of capital.

Past performance is not a guarantee of future results.

Past performance is not an indicator of future performance. The Gross of fees do not reflect and net of fees do reflect commissions and costs incurred on the issue and redemption, or purchases and sale, of units. If the performance is calculated on the basis of Gross/net asset values that are not denominated in the accounting currency of the collective investment scheme, its value may rise or fall as a result of currency fluctuations.

Calendar year inception performance returns will be partial for the year where the inception date for either the Fund in question or the historic performance-linked Fund (whichever is the earliest) falls within that period.


Deviation & Tracking Error as of 29 Feb 2020

Deviation & Tracking Error as of 29 Feb 2020

Standard Deviation Tracking Error
3,82% 0,14%
Standard Deviation 3,82%
Tracking Error 0,14%

This calculation is based on the past 3 years performance information.


Top Holdings

Top Holdings
Fund Top Holdingsas of 31 Mar 2020

Fund Top Holdings as of 31 Mar 2020

Security Name Weight
VERIZON COMMUNICATIONS 4.329 09/21/2028 0,37%
DELL INT LLC / EMC CORP 8.1 07/15/2036 0,37%
HOME DEPOT INC 5.875 12/16/2036 0,36%
APPLE INC 2.4 05/03/2023 0,35%
ORACLE CORP 3.9 05/15/2035 0,33%
HSBC HOLDINGS PLC 4.25 03/14/2024 0,33%
WELLS FARGO BANK NA 2.082 09/09/2022 0,33%
COMCAST CORP 4.7 10/15/2048 0,31%
JPMORGAN CHASE & CO 7.625 10/15/2026 0,30%
GOLDMAN SACHS GROUP INC 5.75 01/24/2022 0,30%
Download All Holdings: Download Daily Holdings

Sector Allocation

Sector Allocation
Fund Sector Allocationas of 31 Mar 2020

Fund Sector Allocation as of 31 Mar 2020

Sector Weight
Corporate - Industrial 59,82%
Corporate - Finance 31,89%
Corporate - Utility 7,63%
Cash 0,65%

Geographical Weights

Geographical Weights

Fund Maturity Ladderas of 31 Mar 2020

Fund Maturity Ladder
as of 31 Mar 2020
0 - 1 Year 0,69%
1 - 2 Years 6,75%
2 - 3 Years 10,45%
3 - 5 Years 16,69%
5 - 7 Years 13,76%
7 - 10 Years 15,19%
10 - 15 Years 2,49%
15 - 20 Years 7,95%
20 - 30 Years 22,92%
> 30 Years 3,11%

Fund Quality Breakdownas of 31 Mar 2020

Fund Quality Breakdown
as of 31 Mar 2020
Aaa 2,41%
Aa 7,64%
A 42,96%
Baa 46,87%
Below Baa 0,12%

Tax Documents

Tax Documents


Fund Footnote

Performance Gross and Net of All Fees.

Capital Risk: Investing involves risk including the risk of loss of capital.

Past performance is not a guarantee of future results.

Past performance is not an indicator of future performance. The Gross of fees do not reflect and net of fees do reflect commissions and costs incurred on the issue and redemption, or purchases and sale, of units. If the performance is calculated on the basis of Gross/net asset values that are not denominated in the accounting currency of the collective investment scheme, its value may rise or fall as a result of currency fluctuations.

First net asset value taken into account corresponds to the first end of month following complete investment of the portfolio in agreement with the policy of management. Historical performance is not necessarily indicative of actual future investment performance.

BLOOMBERG® is a trademark and service mark of Bloomberg Finance L.P. and its affiliates (collectively "Bloomberg"). BARCLAYS® is a trademark and service mark of Barclays Bank Plc (collectively with its affiliates, "Barclays"), used under license. Bloomberg or Bloomberg's licensors, including Barclays, own all proprietary rights in the Bloomberg Barclays Indices. Neither Bloomberg nor Barclays is affiliated with State Street, and neither approves, endorses, reviews or recommends SPDR Bloomberg Barclays U.S. Corporate Bond UCITS ETF. Neither Bloomberg nor Barclays guarantees the timeliness, accurateness or completeness of any data or information relating to Bloomberg Barclays U.S. Corporate Bond Index, and neither shall be liable in any way to the State Street, investors in SPDR Bloomberg Barclays U.S. Corporate Bond UCITS ETF or other third parties in respect of the use or accuracy of the Bloomberg Barclays U.S. Corporate Bond Index or any data included therein.

© 2019 Morningstar, Inc. All rights reserved. The information contained herein; (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. State Street does not review the Morningstar data.