SPDR® S&P®/ASX Australian Government Bond Fund GOVT

NAV

NAV

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

AUD $27.43

as of 24 Sep 2021

Base Currency

AUD

1 Day Nav Change

AUD -$0.24 (-0.87%)

as of 24 Sep 2021

Assets Under Management

AUD $30.47 M

as of 24 Sep 2021

Management Costs

0.22% p.a.


Key Features

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 – 60% of the fund's holdings are rated AAA.1
  • Income Generation – potential to benefit from regular income stream in the form of coupon payments.

Fund Objective

Fund Objective

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


About this Benchmark

About this Benchmark

The S&P/ASX Government Bond Index includes all securities in the Commonwealth Government Bond and the State Government Bond Indices. The issuer must be either the Australian Commonwealth Government or Australian State Government, Territories, and Semi-Government issuers.


Fund Information as of 25 Sep 2021

Fund Information as of 25 Sep 2021
Ticker Symbol Benchmark ASX iNav Code Inception Date Management Costs Base Currency Countries of Registration
GOVT S&P/ASX Government Bond Index - 26 Jul 2012 0.22% p.a. AUD Australia
Ticker Symbol GOVT
Benchmark S&P/ASX Government Bond Index
ASX iNav Code -
Inception Date 26 Jul 2012
Management Costs 0.22% 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 Stratified Sampling 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 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

Listing Information as of 25 Sep 2021

Listing Information as of 25 Sep 2021
Primary Exchange ASX Quotation Date Trading Currency ASX Stock Code Bloomberg Ticker ISIN
Australian Securities Exchange 27 Jul 2012 AUD GOVT GOVT AU AU00000GOVT2
Primary Exchange Australian Securities Exchange
ASX Quotation Date 27 Jul 2012
Trading Currency AUD
ASX Stock Code GOVT
Bloomberg Ticker GOVT AU
ISIN AU00000GOVT2

Fund Characteristics as of 23 Sep 2021

Fund Characteristics as of 23 Sep 2021
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.

8.00 0.80% 2.43% 7.13 years 104 0.99%
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.

8.00
Convexity

Convexity

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

0.80%
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.

2.43%
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.

7.13 years
Number of Holdings 104
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.

0.99%

Index Characteristics as of 23 Sep 2021

Index Characteristics as of 23 Sep 2021
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.

8.01 0.81% 2.44% 7.13 years 143 0.98%
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.

8.01
Convexity

Convexity

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

0.81%
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.

2.44%
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.

7.13 years
Number of Holdings 143
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.

0.98%

Fund Net Asset Value as of 24 Sep 2021

Fund Net Asset Value as of 24 Sep 2021
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 $27.43 AUD $30.47 M 1,110,595
NAV

NAV

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

AUD $27.43
Assets Under Management AUD $30.47 M
Units on Issue 1,110,595
Most Recent NAV / NAV History

Fund Performance

Fund Performance

  • Fund Inception Date: 26 Jul 2012
  • Index Inception Date: 13 Oct 2011

as of 31 Aug 2021

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 Aug 2021 0.00% 0.55% 1.47% 2.64% 2.32% 2.37% 2.77%
Fund Growth Return 31 Aug 2021 0.07% 2.49% -1.68% -1.98% 2.33% 0.76% 1.18%
Fund Total Return 31 Aug 2021 0.07% 3.04% -0.20% 0.67% 4.66% 3.13% 3.96%
Index Total Return 31 Aug 2021 0.09% 3.09% -0.05% 0.91% 4.89% 3.37% 4.20%

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.

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.


Index History as of 31 Aug 2021

Index History as of 31 Aug 2021

Growth of $10,000: S&P/ASX Government Bond 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 23 Sep 2021
Index Top 10 Holdingsas of 23 Sep 2021

Fund Top 10 Holdings as of 23 Sep 2021

Name Weight
AUSTRALIAN GOVERNMENT 2.5 05/21/2030 3.66%
AUSTRALIAN GOVERNMENT 1 12/21/2030 3.37%
AUSTRALIAN GOVERNMENT 1 11/21/2031 3.02%
AUSTRALIAN GOVERNMENT 0.25 11/21/2024 2.93%
AUSTRALIAN GOVERNMENT 3.25 04/21/2025 2.80%
AUSTRALIAN GOVERNMENT 1.5 06/21/2031 2.80%
AUSTRALIAN GOVERNMENT 4.25 04/21/2026 2.65%
AUSTRALIAN GOVERNMENT 3.25 04/21/2029 2.61%
AUSTRALIAN GOVERNMENT 2.25 11/21/2022 2.61%
AUSTRALIAN GOVERNMENT 2.75 11/21/2029 2.56%
Download All Holdings: Daily

Index Top 10 Holdings as of 23 Sep 2021

Name Weight
AUSTRALIAN GOVERNMENT 2.5 05/21/2030 3.58%
AUSTRALIAN GOVERNMENT 1 12/21/2030 3.39%
AUSTRALIAN GOVERNMENT 1 11/21/2031 2.91%
AUSTRALIAN GOVERNMENT 1.5 06/21/2031 2.81%
AUSTRALIAN GOVERNMENT .25 11/21/2024 2.81%
AUSTRALIAN GOVERNMENT 3.25 04/21/2025 2.75%
AUSTRALIAN GOVERNMENT 4.75 04/21/2027 2.75%
AUSTRALIAN GOVERNMENT 2.25 11/21/2022 2.75%
AUSTRALIAN GOVERNMENT 2.75 11/21/2029 2.59%
AUSTRALIAN GOVERNMENT 5.5 04/21/2023 2.54%

Sector Allocation

Sector Allocation
Fund Sector Breakdownas of 23 Sep 2021
Index Sector Breakdownas of 23 Sep 2021

Fund Sector Breakdown as of 23 Sep 2021

Sector Weights
Commonwealth Government 60.54%
Semi Government 38.78%
Government Related 0.41%
Other 0.26%

Index Sector Breakdown as of 23 Sep 2021

Sector Weights
Commonwealth Government 60.49%
Semi Government 39.24%
Government Related 0.27%

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 23 Sep 2021
Index Quality Breakdownas of 23 Sep 2021

Fund Quality Breakdown as of 23 Sep 2021

Name Weight
Aaa 61.22%
Aa 38.78%

Index Quality Breakdown as of 23 Sep 2021

Name Weight
Aaa 61.51%
Aa 38.49%

Maturity Ladder

Maturity Ladder
Fund Maturity Ladderas of 23 Sep 2021
Index Maturity Ladderas of 23 Sep 2021

Fund Maturity Ladder as of 23 Sep 2021

Name Weight
0 - 1 Year 0.26%
1 - 2 Years 7.72%
2 - 3 Years 6.08%
3 - 5 Years 18.37%
5 - 7 Years 15.22%
7 - 10 Years 27.72%
10 - 15 Years 15.42%
15 - 20 Years 5.39%
20 - 30 Years 3.81%

Index Maturity Ladder as of 23 Sep 2021

Name Weight
0 - 1 Year 0.23%
1 - 2 Years 8.11%
2 - 3 Years 6.50%
3 - 5 Years 18.52%
5 - 7 Years 14.87%
7 - 10 Years 27.48%
10 - 15 Years 14.47%
15 - 20 Years 5.70%
20 - 30 Years 4.12%

Distribution History as of 30 Jun 2021

Distribution History as of 30 Jun 2021

Ex- Date Record Date Pay Date Dollars Per Unit Distribution Franking Credits Foreign Tax Credits DRP Price
29-Jun-21 30-Jun-21 12-Jul-21 0.145357 0.000000 0.000000 27.2473
30-Mar-21 31-Mar-21 14-Apr-21 0.258811 0.000000 0.000000 26.9207
30-Dec-20 31-Dec-20 13-Jan-21 0.198628 0.000000 0.000000 28.2844
29-Sep-20 30-Sep-20 12-Oct-20 0.134762 0.000000 0.000000 28.5056
29-Jun-20 30-Jun-20 10-Jul-20 0.182478 0.000000 0.000000 28.3702
30-Mar-20 31-Mar-20 14-Apr-20 0.107211 0.000000 0.000000 28.7349
30-Dec-19 31-Dec-19 13-Jan-20 0.135649 0.000000 0.000000 27.7195
27-Sep-19 30-Sep-19 11-Oct-19 0.117981 0.000000 0.000000 28.4001
27-Jun-19 28-Jun-19 11-Jul-19 0.136306 0.000000 0.000000 27.7367
28-Mar-19 29-Mar-19 12-Apr-19 0.175634 0.000000 0.000000 26.988
28-Dec-18 31-Dec-18 11-Jan-19 0.129343 0.000000 0.000000 26.2648
27-Sep-18 28-Sep-18 11-Oct-18 0.136218 0.000000 0.000000 25.6842
28-Jun-18 29-Jun-18 11-Jul-18 0.127920 0.000000 0.000000 25.7751
28-Mar-18 29-Mar-18 12-Apr-18 0.133829 0.000000 0.000000 25.6323
28-Dec-17 29-Dec-17 11-Jan-18 0.147965 0.000000 0.000000 25.5265
28-Sep-17 29-Sep-17 11-Oct-17 0.141134 0.000000 0.000000 25.3362
29-Jun-17 30-Jun-17 11-Jul-17 0.144835 0.000000 0.000000 25.5589
30-Mar-17 31-Mar-17 11-Apr-17 0.169464 0.000000 0.000000 25.4906
29-Dec-16 30-Dec-16 11-Jan-17 0.186047 0.000000 0.000000 25.3683
29-Sep-16 30-Sep-16 11-Oct-16 0.206023 0.000000 0.000000 26.3455
29-Jun-16 30-Jun-16 11-Jul-16 0.223289 0.000000 0.000000 26.5329
30-Mar-16 31-Mar-16 11-Apr-16 0.185833 0.000000 0.000000 25.8367
29-Dec-15 31-Dec-15 11-Jan-16 0.259862 0.000000 0.000000 25.5844
28-Sep-15 30-Sep-15 09-Oct-15 0.223109 0.000000 0.000000 25.8387
26-Jun-15 30-Jun-15 09-Jul-15 0.301854 0.000000 0.000000 25.4617
27-Mar-15 31-Mar-15 10-Apr-15 0.346623 0.000000 0.000000 26.4072
29-Dec-14 31-Dec-14 09-Jan-15 0.233863 0.000000 0.000000 25.9406
26-Sep-14 30-Sep-14 09-Oct-14 0.199978 0.000000 0.000000 25.0833
26-Jun-14 30-Jun-14 09-Jul-14 0.183728 0.000000 0.000000 25.0114
25-Mar-14 31-Mar-14 08-Apr-14 0.145335 0.000000 0.000000 24.3552

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

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.


Fund Footnotes

1 State Street Global Advisors, as at 30 June 2021.

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.