SPDR® S&P®/ASX Australian Bond Fund BOND

NAV

NAV

Market value of an ETF's total assets, minus liabilities divided by the number of units outstanding.

AUD $27.95

as of 18 Nov 2019

Base Currency

AUD

1 Day Nav Change

AUD $0.00 (-0.01%)

as of 18 Nov 2019

Assets Under Management

AUD $48.06 M

as of 18 Nov 2019

Management Costs

0.24% p.a.


Key Features

Key Features

  • Income Generation - Investors can benefit from regular income stream in the form of coupon payments.
  • Capital Stability - Securities structured in a such a way that they are designed to repay a fixed amount (the 'face value') at maturity - regardless of market movements.
  • Tradability - Bond ETFs offer easy access to segments of the fixed income market that may be hard to reach.
  • Diversification - A core fixed income holding to complement an equity portfolio, with a portfolio of around 160 bonds.
  • Quality - A great majority of the fund's holdings are triple A-rated bonds; nothing below investment grade (BBB-/Baa3).

Fund Objective

Fund Objective

The SPDR S&P/ASX Australian Bond Fund seeks to closely track, before fees and expenses, the returns of the S&P/ASX Australian Fixed Interest Index.


About this Benchmark

About this Benchmark

The S&P/ASX Australian Fixed Interest Index Series is a broad benchmark index family designed to measure the performance of the Australian bond market, which meets certain investability criteria. The index is split across investable investment grade, Australian dollar denominated bonds issued in the local market with maturities greater than one year.


Fund Information as of 18 Nov 2019

Fund Information as of 18 Nov 2019

Ticker Symbol Benchmark ASX iNav Code Inception Date Management Costs Base Currency Countries of Registration
BOND S&P/ASX Australian Fixed Interest Index - 26 Jul 2012 0.24% p.a. AUD Australia
Ticker Symbol BOND
Benchmark S&P/ASX Australian Fixed Interest Index
ASX iNav Code -
Inception Date 26 Jul 2012
Management Costs 0.24% p.a.
Base Currency AUD
Countries of Registration Australia
Domicile Regulatory Structure Replication Method Investment Manager Responsible Entity Distribution Frequency
Australia Registered Managed Investment Scheme Replicated State Street Global Advisors, Australia, Limited ABN 42 003 914 225 State Street Global Advisors, Australia Services Limited ABN 16 108 671 441 Quarterly
Domicile Australia
Regulatory Structure Registered Managed Investment Scheme
Replication Method Replicated
Investment Manager State Street Global Advisors, Australia, Limited ABN 42 003 914 225
Responsible Entity State Street Global Advisors, Australia Services Limited ABN 16 108 671 441
Distribution Frequency Quarterly

Listing Information as of 18 Nov 2019

Listing Information as of 18 Nov 2019

Primary Exchange ASX Quotation Date Trading Currency ASX Stock Code Bloomberg Ticker ISIN
Australian Securities Exchange 27 Jul 2012 AUD BOND BOND AU AU00000BOND4
Primary Exchange Australian Securities Exchange
ASX Quotation Date 27 Jul 2012
Trading Currency AUD
ASX Stock Code BOND
Bloomberg Ticker BOND AU
ISIN AU00000BOND4

Fund Characteristics as of 18 Nov 2019

Fund Characteristics as of 18 Nov 2019

Average Maturity in Years

Average Maturity

The market value-weighted average maturity of the bonds in a portfolio, where maturity is defined as Stated Final for bullet maturity bond and the average time to receipt of all principal payments for amortising instruments, including mortgage pass-throughs, CMOs, amortising asset-backed securities and ARMs.

Convexity

Convexity

A curvature measure of the sensitivity of a bond's duration to changes in interest rates.

Current Yield

Average Current Yield

The market value weighted average current coupon of the bonds in the portfolio divided by current market price of the bonds in the portfolio.

Modified Adjusted Duration

Modified Adjusted Duration

An option-adjusted measure of a portfolio's sensitivity to changes in interest rates. Calculated as the percentage change of a portfolio's value for a 100 basis point change in yield.

Number of Holdings Yield to Maturity

Average Yield To Maturity

The market weighted average rate of return anticipated on the bonds held in a portfolio if they were to be held to their maturity date.

6.90 0.59% 3.25% 6.04 years 147 1.21%
Average Maturity in Years

Average Maturity

The market value-weighted average maturity of the bonds in a portfolio, where maturity is defined as Stated Final for bullet maturity bond and the average time to receipt of all principal payments for amortising instruments, including mortgage pass-throughs, CMOs, amortising asset-backed securities and ARMs.

6.90
Convexity

Convexity

A curvature measure of the sensitivity of a bond's duration to changes in interest rates.

0.59%
Current Yield

Average Current Yield

The market value weighted average current coupon of the bonds in the portfolio divided by current market price of the bonds in the portfolio.

3.25%
Modified Adjusted Duration

Modified Adjusted Duration

An option-adjusted measure of a portfolio's sensitivity to changes in interest rates. Calculated as the percentage change of a portfolio's value for a 100 basis point change in yield.

6.04 years
Number of Holdings 147
Yield to Maturity

Average Yield To Maturity

The market weighted average rate of return anticipated on the bonds held in a portfolio if they were to be held to their maturity date.

1.21%

Index Characteristics as of 18 Nov 2019

Index Characteristics as of 18 Nov 2019

Average Maturity in Years

Average Maturity

The market value-weighted average maturity of the bonds in a portfolio, where maturity is defined as Stated Final for bullet maturity bond and the average time to receipt of all principal payments for amortising instruments, including mortgage pass-throughs, CMOs, amortising asset-backed securities and ARMs.

Convexity

Convexity

A curvature measure of the sensitivity of a bond's duration to changes in interest rates.

Current Yield

Average Current Yield

The market value weighted average current coupon of the bonds in the portfolio divided by current market price of the bonds in the portfolio.

6.93 0.59% 3.22%
Average Maturity in Years

Average Maturity

The market value-weighted average maturity of the bonds in a portfolio, where maturity is defined as Stated Final for bullet maturity bond and the average time to receipt of all principal payments for amortising instruments, including mortgage pass-throughs, CMOs, amortising asset-backed securities and ARMs.

6.93
Convexity

Convexity

A curvature measure of the sensitivity of a bond's duration to changes in interest rates.

0.59%
Current Yield

Average Current Yield

The market value weighted average current coupon of the bonds in the portfolio divided by current market price of the bonds in the portfolio.

3.22%
Modified Adjusted Duration

Modified Adjusted Duration

An option-adjusted measure of a portfolio's sensitivity to changes in interest rates. Calculated as the percentage change of a portfolio's value for a 100 basis point change in yield.

Number of Holdings Yield to Maturity

Average Yield To Maturity

The market weighted average rate of return anticipated on the bonds held in a portfolio if they were to be held to their maturity date.

6.06 years 515 1.20%
Modified Adjusted Duration

Modified Adjusted Duration

An option-adjusted measure of a portfolio's sensitivity to changes in interest rates. Calculated as the percentage change of a portfolio's value for a 100 basis point change in yield.

6.06 years
Number of Holdings 515
Yield to Maturity

Average Yield To Maturity

The market weighted average rate of return anticipated on the bonds held in a portfolio if they were to be held to their maturity date.

1.20%

Fund Net Asset Value as of 18 Nov 2019

Fund Net Asset Value as of 18 Nov 2019

NAV

NAV

Market value of an ETF's total assets, minus liabilities divided by the number of units outstanding.

Assets Under Management Units on Issue
AUD $27.95 AUD $48.06 M 1,719,343
NAV

NAV

Market value of an ETF's total assets, minus liabilities divided by the number of units outstanding.

AUD $27.95
Assets Under Management AUD $48.06 M
Units on Issue 1,719,343
Most Recent NAV / NAV History

Fund Performance
View as

Fund Performance

  • Fund Inception Date: 26 Jul 2012
  • Index Inception Date: 13 Oct 2011
As Of 1 Month 3 Month YTD 1 Year 3 Year (p.a.) 5 Year (p.a.) Since Inception (p.a.)
26 Jul 2012
Fund Distribution Return 31 Oct 2019 0.00% 0.38% 1.50% 2.16% 2.62% 3.16% 3.08%
Fund Growth Return 31 Oct 2019 -0.55% 0.11% 7.12% 8.47% 2.21% 1.77% 1.54%
Fund Total Return 31 Oct 2019 -0.55% 0.49% 8.62% 10.63% 4.84% 4.94% 4.62%
Index Total Return 31 Oct 2019 -0.53% 0.55% 8.72% 10.77% 5.08% 5.21% 4.91%

as of 31 Oct 2019

Past Performance is not a reliable indicator of future results. Performance returns for periods of less than one year are not annualised and have been calculated based on changes in the net asset value of the Fund rather than the last quoted price. The Total Return is the sum of the Growth (or Price) Return and Distribution Return and is shown net of management fees and costs but does not reflect the brokerage fees or the bid/ask spread that investors pay to buy and sell ETF securities on the Australian Securities Exchange. Distributions are assumed to be reinvested under the Dividend Reinvestment Program (DRP). Investment returns and principal value will fluctuate, so you may have a gain or loss when units are sold. Current performance may be higher or lower than that quoted. The index returns are unmanaged and do not reflect the deduction of any fees or expenses. The index returns reflect all items of income, gain and loss and the reinvestment of dividends and other income.


Index History as of 31 Oct 2019

Index History as of 31 Oct 2019

Growth of $10,000: S&P/ASX Australian Fixed Interest Index

Index Inception Date: 13 Oct 2011

Past Performance is not a reliable indicator of future results. The index returns are unmanaged and do not reflect the deduction of any fees or expenses. The index returns reflect all items of income, gain and loss and the reinvestment of dividends and other income.


Top Holdings

Subject to change.

Top Holdings

Subject to change.

Fund Top 10 Holdingsas of 18 Nov 2019
Index Top 10 Holdingsas of 18 Nov 2019

Fund Top 10 Holdings as of 18 Nov 2019

Name Weight
AUSTRALIAN GOVERNMENT 4.25 04/21/2026 3.98%
AUSTRALIAN GOVERNMENT 4.75 04/21/2027 3.77%
AUSTRALIAN GOVERNMENT 3.25 04/21/2029 3.46%
AUSTRALIAN GOVERNMENT 2.75 11/21/2027 3.12%
AUSTRALIAN GOVERNMENT 2.25 05/21/2028 3.10%
AUSTRALIAN GOVERNMENT 3.25 04/21/2025 2.99%
AUSTRALIAN GOVERNMENT 2.75 04/21/2024 2.98%
AUSTRALIAN GOVERNMENT 5.75 07/15/2022 2.92%
AUSTRALIAN GOVERNMENT 2.75 11/21/2028 2.92%
AUSTRALIAN GOVERNMENT 5.75 05/15/2021 2.83%
Download All Holdings: Daily

Index Top 10 Holdings as of 18 Nov 2019

Name Weight
AUSTRALIAN GOVERNMENT 4.25 04/21/2026 3.87%
AUSTRALIAN GOVERNMENT 4.75 04/21/2027 3.73%
AUSTRALIAN GOVERNMENT 3.25 04/21/2029 3.43%
AUSTRALIAN GOVERNMENT 2.75 11/21/2027 3.12%
AUSTRALIAN GOVERNMENT 3.25 04/21/2025 3.11%
AUSTRALIAN GOVERNMENT 2.25 05/21/2028 3.04%
AUSTRALIAN GOVERNMENT 2.75 04/21/2024 2.97%
AUSTRALIAN GOVERNMENT 5.5 04/21/2023 2.90%
AUSTRALIAN GOVERNMENT 2.75 11/21/2028 2.88%
AUSTRALIAN GOVERNMENT 5.75 05/15/2021 2.85%

Sector Allocation

Sector Allocation
Fund Sector Breakdownas of 18 Nov 2019
Index Sector Breakdownas of 18 Nov 2019

Fund Sector Breakdown as of 18 Nov 2019

Sector Weights
Commonwealth Government 54.49%
Semi Government 27.03%
Supranational 5.09%
Government Related 5.01%
Corp-Finance 4.75%
Corp-Industries 2.43%
Other 0.85%
Corp-Util 0.37%

Index Sector Breakdown as of 18 Nov 2019

Sector Weights
Commonwealth Government 54.78%
Semi Government 26.16%
Supranational 6.06%
Government Related 6.03%
Corp-Finance 3.40%
Corp-Industries 2.70%
Corp-Util 0.45%
Other 0.42%

Quality Breakdown

Quality Breakdown

Barclays uses the “middle rating” of Moody’s, S&P, and Fitch to determine a security’s index classification. If only two of the agencies rate a security, then the most conservative (lowest) rating will be used. If only one rating agency rates a security, that one rating will be used. Where there are no security level ratings, an issuer rating may be used to determine index classification.  Barclays Index breakdowns are grouped into larger categories.  For example, AAA+ and AAA are listed as Aaa; AA1, AA2, and AA3 are listed as Aa, etc.

Quality Breakdown

Quality Breakdown

Barclays uses the “middle rating” of Moody’s, S&P, and Fitch to determine a security’s index classification. If only two of the agencies rate a security, then the most conservative (lowest) rating will be used. If only one rating agency rates a security, that one rating will be used. Where there are no security level ratings, an issuer rating may be used to determine index classification.  Barclays Index breakdowns are grouped into larger categories.  For example, AAA+ and AAA are listed as Aaa; AA1, AA2, and AA3 are listed as Aa, etc.

Fund Quality Breakdownas of 18 Nov 2019
Index Quality Breakdownas of 18 Nov 2019

Fund Quality Breakdown as of 18 Nov 2019

Name Weight
Aaa 75.37%
Aa 18.98%
A 4.56%
Baa 1.10%

Index Quality Breakdown as of 18 Nov 2019

Name Weight
Aaa 76.45%
Aa 18.71%
A 2.94%
Baa 1.90%

Maturity Ladder

Maturity Ladder
Fund Maturity Ladderas of 18 Nov 2019
Index Maturity Ladderas of 18 Nov 2019

Fund Maturity Ladder as of 18 Nov 2019

Name Weight
0 - 1 Year 0.63%
1 - 2 Years 10.14%
2 - 3 Years 11.12%
3 - 5 Years 17.05%
5 - 7 Years 15.99%
7 - 10 Years 27.71%
10 - 15 Years 11.26%
15 - 20 Years 4.00%
20 - 30 Years 2.11%

Index Maturity Ladder as of 18 Nov 2019

Name Weight
0 - 1 Year 0.11%
1 - 2 Years 10.05%
2 - 3 Years 11.14%
3 - 5 Years 18.67%
5 - 7 Years 16.06%
7 - 10 Years 26.58%
10 - 15 Years 11.22%
15 - 20 Years 3.80%
20 - 30 Years 2.36%

Distribution History as of 30 Sep 2019

Distribution History as of 30 Sep 2019

Ex- Date Record Date Pay Date Dollars Per Unit Distribution Franking Credits Foreign Tax Credits Franking % Franking Rate DRP Price
27-Sep-19 30-Sep-19 11-Oct-19 0.107912 0.000000 0.000000 0.00% 0.00% 28.1861
27-Jun-19 28-Jun-19 11-Jul-19 0.082087 0.000000 0.000000 0.00% - 27.5607
28-Mar-19 29-Mar-19 12-Apr-19 0.191400 0.000000 0.000000 0.00% 0.00% 26.7882
28-Dec-18 31-Dec-18 11-Jan-19 0.150967 0.000000 0.000000 0.00% 0.00% 26.1299
27-Sep-18 28-Sep-18 11-Oct-18 0.151327 0.000000 0.000000 0.00% 0.00% 25.6422
28-Jun-18 29-Jun-18 11-Jul-18 0.140629 0.000000 0.000000 0.00% 0.00% 25.7243
28-Mar-18 29-Mar-18 12-Apr-18 0.242112 0.000000 0.000000 0.00% 0.00% 25.609
28-Dec-17 29-Dec-17 11-Jan-18 0.110454 0.000000 0.000000 0.00% 0.00% 25.6292
28-Sep-17 29-Sep-17 11-Oct-17 0.163265 0.000000 0.000000 0.00% 0.00% 25.4112
29-Jun-17 30-Jun-17 11-Jul-17 0.192981 0.000000 0.000000 0.00% 0.00% 25.6139
30-Mar-17 31-Mar-17 11-Apr-17 0.217564 0.000000 0.000000 0.00% 0.00% 25.5945
29-Dec-16 30-Dec-16 11-Jan-17 0.226277 0.000000 0.000000 0.00% 0.00% 25.492
29-Sep-16 30-Sep-16 11-Oct-16 0.218443 0.000000 0.000000 0.00% 0.00% 26.4266
29-Jun-16 30-Jun-16 11-Jul-16 0.278654 0.000000 0.000000 0.00% 0.00% 26.5822
30-Mar-16 31-Mar-16 11-Apr-16 0.203630 0.000000 0.000000 0.00% 0.00% 26.0042
29-Dec-15 31-Dec-15 11-Jan-16 0.199639 0.000000 0.000000 0.00% 0.00% 25.7914
28-Sep-15 30-Sep-15 09-Oct-15 0.267337 0.000000 0.000000 0.00% 0.00% 25.9889
26-Jun-15 30-Jun-15 09-Jul-15 0.284103 0.000000 0.000000 0.00% 0.00% 25.6873
27-Mar-15 31-Mar-15 10-Apr-15 0.328676 0.000000 0.000000 0.00% 0.00% 26.5457
29-Dec-14 31-Dec-14 09-Jan-15 0.246030 0.000000 0.000000 0.00% 0.00% 26.0854
26-Sep-14 30-Sep-14 09-Oct-14 0.185177 0.000000 0.000000 0.00% 0.00% 25.3268
26-Jun-14 30-Jun-14 09-Jul-14 0.180999 0.000000 0.000000 0.00% 0.00% 25.2373
25-Mar-14 31-Mar-14 08-Apr-14 0.151023 0.000000 0.000000 0.00% 0.00% 24.6265

The tables above show historical distributions from the funds. Historical distributions are no indication of future distributable income.

All SPDR ETFs, aside from the SPDR® S&P 500® ETF Trust and the SPDR® S&P®/ASX 200 Listed Property Fund are managed on an accumulation basis, with income reinvested into investable securities. This means that subsequent application and redemption activity could distort the nature and size of distributions. The proportion of total return attributable to income versus capital growth may differ from the relevant index.

The distribution components are as calculated and reported to the Australian Securities Exchange ("ASX") at the time of each distribution. The year end components reported to investors in their annual tax statements, once all year end information is finalised, may be different.

The ability of the Funds to pay distributions depends on, among other things, the dividends and distributions declared and paid by the companies whose securities are held by the Funds. There can be no assurance that such securities will pay dividends or other earnings. For further information on distributions, including tax implications, please refer to the relevant fund PDS. However, the information contained therein is not tax advice and investors should obtain their own professional tax and or financial advice.


Purchase Information

Purchase Information

SPDR ETFs are flexible and easy to trade. Investors buy and sell them like shares, typically through a stock broker. Investors can also employ traditional share trading techniques, including stop orders, limit orders and margin purchases (if available).

To purchase a SPDR fund, please consult your stock broker or financial adviser.