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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 $24.94
as of 14 Jun 2024
Base Currency
AUD
1 Day Nav Change
+ AUD $0.09 (+0.38%)
as of 14 Jun 2024
Assets Under Management
AUD $37.12 M
as of 14 Jun 2024
Management Costs
0.24% p.a.

Key Features

  • Core Index Exposure - A potential core Australian fixed income exposure for investors.
  • Diversification - A low-cost, diversified portfolio of Australian bonds that can possibly complement an equity portfolio.
  • Access High-Quality - Provides access to investment grade bonds1, a majority of which are AAA rated2.
  • Income Generation - Potential to benefit from regular income stream in the form of coupon payments.

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

The S&P/ASX Australian Fixed Interest Index is designed to measure the performance of the Australian bond market. The index is a broad, market value-weighted, investment grade, fixed rate, Australian dollar denominated bond index that includes government, corporate and supranational bonds issued in the local market with maturities greater than one year.

Fund Information as of 15 Jun 2024

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 Australia
Regulatory Structure Registered Managed Investment Scheme
Replication Method Stratified Sampling
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

Research Ratings

Ratings Information
Morningstar Medalist Rating™ Bronze
Assigned on 31/03/24
Analyst-Driven % 20
Data Coverage % 100
Lonsec Investment Grade Index (Dec 2023)
Zenith Approved (Jun 2023)
Morningstar Bronze Shield 400x200
Lonsec Investment Grade Index 400x200
Zenith Approved 400x200

To request a copy of the Research House Ratings Reports for our funds, please click here.

Listing Information as of 15 Jun 2024

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

Fund Characteristics as of 13 Jun 2024

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.

6.75
Convexity

Convexity

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

0.52%
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.

3.08%
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.

5.70 years
Number of Holdings 168
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.

4.48%

Index Characteristics as of 13 Jun 2024

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.

6.77
Convexity

Convexity

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

0.52%
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.

3.21%
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.

5.70 years
Number of Holdings 685
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.

4.48%

Fund Net Asset Value as of 14 Jun 2024

NAV

NAV

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

AUD $24.94
Assets Under Management AUD $37.12 M
Units on Issue 1,488,097

Fund Performance

  • Fund Inception Date: 26 Jul 2012

as of 31 May 2024

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 May 2024 0.00% 0.00% 0.00% 0.17% 0.66% 1.11% 2.27%
Fund Growth Return 31 May 2024 0.38% -0.71% -0.97% 0.18% -3.48% -2.18% -0.16%
Fund Total Return 31 May 2024 0.38% -0.71% -0.97% 0.35% -2.82% -1.07% 2.12%
Benchmark
S&P/ASX Australian Fixed Interest Index
31 May 2024 0.40% -0.66% -0.88% 0.58% -2.59% -0.82% 2.39%

Past Performance is not a reliable indicator of future performance. 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.

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.

Fund History as of 31 May 2024

Growth of $10,000: SPDR® S&P®/ASX Australian Bond Fund

Fund Inception Date: 26 Jul 2012

Currency: AUD

Top Holdings

Subject to change.

as of 13 Jun 2024
as of 13 Jun 2024

Fund Top 10 Holdings as of 13 Jun 2024

Name Weight
AUSTRALIAN GOVERNMENT 4.5 04/21/2033 2.21%
AUSTRALIAN GOVERNMENT 1 11/21/2031 2.17%
AUSTRALIAN GOVERNMENT 1.25 05/21/2032 2.11%
AUSTRALIAN GOVERNMENT 0.5 09/21/2026 2.06%
AUSTRALIAN GOVERNMENT 4.75 04/21/2027 2.05%
AUSTRALIAN GOVERNMENT 2.5 05/21/2030 1.95%
AUSTRALIAN GOVERNMENT 1.75 11/21/2032 1.91%
AUSTRALIAN GOVERNMENT 3 11/21/2033 1.91%
AUSTRALIAN GOVERNMENT 1.5 06/21/2031 1.77%
AUSTRALIAN GOVERNMENT 3.25 04/21/2029 1.77%
Download All Holdings: Daily

Index Top 10 Holdings as of 13 Jun 2024

Name Weight
AUSTRALIAN GOVERNMENT 4.5 04/21/2033 2.24%
AUSTRALIAN GOVERNMENT 1 11/21/2031 2.14%
AUSTRALIAN GOVERNMENT .5 09/21/2026 2.11%
AUSTRALIAN GOVERNMENT 1.25 05/21/2032 2.07%
AUSTRALIAN GOVERNMENT 4.75 04/21/2027 2.01%
AUSTRALIAN GOVERNMENT 2.5 05/21/2030 1.92%
AUSTRALIAN GOVERNMENT 1.75 11/21/2032 1.91%
AUSTRALIAN GOVERNMENT 3 11/21/2033 1.88%
AUSTRALIAN GOVERNMENT 3.25 04/21/2029 1.81%
AUSTRALIAN GOVERNMENT 1.5 06/21/2031 1.77%

Sector Allocation

as of 13 Jun 2024
as of 13 Jun 2024

Fund Sector Breakdown as of 13 Jun 2024

Sector Weights
Commonwealth Government 40.66%
Semi Government 39.01%
Supranational 5.57%
Corp-Finance 5.37%
Government Related 5.05%
Corp-Industries 1.84%
Other 1.43%
Corp-Util 1.07%

Holdings and sectors shown are as of the date indicated and are subject to change. This information should not be considered a recommendation to invest in a particular sector or to buy or sell any security shown. It is not known whether the sectors or securities shown will be profitable in the future.

Index Sector Breakdown as of 13 Jun 2024

Sector Weights
Commonwealth Government 40.47%
Semi Government 38.85%
Supranational 5.75%
Government Related 5.74%
Corp-Finance 5.04%
Corp-Industries 2.63%
Corp-Util 0.94%
Other 0.57%

Quality Breakdown

Quality Breakdown

Bloomberg uses the middle rating of Moody’s, S&P and Fitch to determine a security’s credit classification. If only two agencies rate a security, the more conservative (lower) rating is used. If only one rates a security, that single rating is used. Bloomberg breakdowns are grouped into larger categories.  For example, AAA+ and AAA are listed as Aaa; AA1, AA2, and AA3 are listed as Aa, etc.

as of 13 Jun 2024
as of 13 Jun 2024

Fund Quality Breakdown as of 13 Jun 2024

Name Weight
AAA 65.56%
AA1 11.38%
AA2 12.16%
AA3 4.80%
A1 0.80%
A2 1.43%
A3 0.96%
BAA1 1.10%
BAA2 0.86%
BAA3 0.95%

Index Quality Breakdown as of 13 Jun 2024

Name Weight
AAA 64.94%
AA1 12.27%
AA2 12.47%
AA3 4.44%
A1 0.91%
A2 0.59%
A3 1.58%
BAA1 1.51%
BAA2 1.16%
BAA3 0.14%

Maturity Ladder

as of 13 Jun 2024
as of 13 Jun 2024

Fund Maturity Ladder as of 13 Jun 2024

Name Weight
0 - 1 Year 0.81%
1 - 2 Years 8.80%
2 - 3 Years 11.20%
3 - 5 Years 22.95%
5 - 7 Years 14.51%
7 - 10 Years 25.41%
10 - 15 Years 10.92%
15 - 20 Years 2.44%
20 - 30 Years 2.21%
> 30 Years 0.75%

Index Maturity Ladder as of 13 Jun 2024

Name Weight
0 - 1 Year 0.07%
1 - 2 Years 10.22%
2 - 3 Years 11.57%
3 - 5 Years 22.02%
5 - 7 Years 14.01%
7 - 10 Years 26.05%
10 - 15 Years 10.62%
15 - 20 Years 2.61%
20 - 30 Years 2.10%
> 30 Years 0.73%

Distribution History as of 28 Mar 2024

Ex- Date Record Date Payment Date Dollars Per Unit Distribution

The amount distributed per unit.

Franking Credits

Franking credits per unit.

Foreign Tax Credits

Foreign tax credits per unit.

DRP Price

DRP stands for “Distribution Reinvestment Plan”. This is the price applied when calculating the number of units to be issued to an investor who has elected or defaulted to re-invest their distribution back into the fund as additional units and is the net asset value per unit calculated as at the next business day after the distribution record date.

27 Mar 2024 28 Mar 2024 12 Apr 2024 0.000000 0.000000 0.000000 -
28 Dec 2023 29 Dec 2023 11 Jan 2024 0.000000 0.000000 0.000000 -
28 Sep 2023 29 Sep 2023 13 Oct 2023 0.040971 0.000000 0.000000 23.8109
29 Jun 2023 30 Jun 2023 12 Jul 2023 0.000000 0.000000 0.000000 0
30 Mar 2023 31 Mar 2023 14 Apr 2023 0.000000 0.000000 0.000000 -
29 Dec 2022 30 Dec 2022 12 Jan 2023 0.029257 0.000000 0.000000 23.6664
29 Sep 2022 30 Sep 2022 14 Oct 2022 0.096055 0.000000 0.000000 23.5577
29 Jun 2022 30 Jun 2022 12 Jun 2022 0.000000 0.000000 0.000000 0
30 Mar 2022 31 Mar 2022 12 Apr 2022 0.046808 0.000000 0.000000 25.0003
30 Dec 2021 31 Dec 2021 13 Jan 2022 0.077663 0.000000 0.000000 26.7173
29 Sep 2021 30 Sep 2021 12 Oct 2021 0.109346 0.000000 0.000000 27.3114
29 Jun 2021 30 Jun 2021 12 Jul 2021 0.124066 0.000000 0.000000 27.3773
30 Mar 2021 31 Mar 2021 14 Apr 2021 0.190603 0.000000 0.000000 27.0788
30 Dec 2020 31 Dec 2020 13 Jan 2021 0.144039 0.000000 0.000000 28.2589
29 Sep 2020 30 Sep 2020 12 Oct 2020 0.125667 0.000000 0.000000 28.3863
29 Jun 2020 30 Jun 2020 10 Jul 2020 0.183225 0.000000 0.000000 28.2326
30 Mar 2020 31 Mar 2020 14 Apr 2020 0.073457 0.000000 0.000000 28.5127
30 Dec 2019 31 Dec 2019 13 Jan 2020 0.107202 0.000000 0.000000 27.6049
27 Sep 2019 30 Sep 2019 11 Oct 2019 0.107912 0.000000 0.000000 28.1861
27 Jun 2019 28 Jun 2019 11 Jul 2019 0.082087 0.000000 0.000000 27.5607
28 Mar 2019 29 Mar 2019 12 Apr 2019 0.191400 0.000000 0.000000 26.7882
28 Dec 2018 31 Dec 2018 11 Jan 2019 0.150967 0.000000 0.000000 26.1299
27 Sep 2018 28 Sep 2018 11 Oct 2018 0.151327 0.000000 0.000000 25.6422
28 Jun 2018 29 Jun 2018 11 Jul 2018 0.140629 0.000000 0.000000 25.7243
28 Mar 2018 29 Mar 2018 12 Apr 2018 0.242112 0.000000 0.000000 25.609
28 Dec 2017 29 Dec 2017 11 Jan 2018 0.110454 0.000000 0.000000 25.6292
28 Sep 2017 29 Sep 2017 11 Oct 2017 0.163265 0.000000 0.000000 25.4112
29 Jun 2017 30 Jun 2017 11 Jul 2017 0.192981 0.000000 0.000000 25.6139
30 Mar 2017 31 Mar 2017 11 Apr 2017 0.217564 0.000000 0.000000 25.5945
29 Dec 2016 30 Dec 2016 11 Jan 2017 0.226277 0.000000 0.000000 25.492
29 Sep 2016 30 Sep 2016 11 Oct 2016 0.218443 0.000000 0.000000 26.4266
29 Jun 2016 30 Jun 2016 11 Jul 2016 0.278654 0.000000 0.000000 26.5822
30 Mar 2016 31 Mar 2016 11 Apr 2016 0.203630 0.000000 0.000000 26.0042
29 Dec 2015 31 Dec 2015 11 Jan 2016 0.199639 0.000000 0.000000 25.7914
28 Sep 2015 30 Sep 2015 09 Oct 2015 0.267337 0.000000 0.000000 25.9889
26 Jun 2015 30 Jun 2015 09 Jul 2015 0.284103 0.000000 0.000000 25.6873
27 Mar 2015 31 Mar 2015 10 Apr 2015 0.328676 0.000000 0.000000 26.5457
29 Dec 2014 31 Dec 2014 09 Jan 2015 0.246030 0.000000 0.000000 26.0854
26 Sep 2014 30 Sep 2014 09 Oct 2014 0.185177 0.000000 0.000000 25.3268
26 Jun 2014 30 Jun 2014 09 Jul 2014 0.180999 0.000000 0.000000 25.2373
25 Mar 2014 31 Mar 2014 08 Apr 2014 0.151023 0.000000 0.000000 24.6265

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

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

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.

1Investment grade bonds are defined as bonds that are rated BBB-/Baa3 or higher. The term “investment grade” suggests a certain level of quality of a bond. However, no guarantee of investment performance can be derived from this rating.

264% of the portfolio by market value were AAA rated as of 30 June 2023.

Bonds generally present less short-term risk and volatility than stocks, but contain interest rate risk (as interest rates rise, 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.