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SPDR® Bloomberg SASB U.S. High Yield Corporate ESG EUR Hdg UCITS ETF (Acc) SJNE IM

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.

The Fund/share class may use financial derivatives instruments for currency hedging and to manage the portfolio efficiently. The Fund may purchase securities that are not denominated in the share class currency. Hedging should mitigate the impact of exchange rate fluctuations however hedges are sometimes subject to imperfect matching which could generate losses.

as of 29 Mar 2023
Share Class Currency
1 Day Nav Change
+€0,14 (+0,49%)
as of 29 Mar 2023
Total Fund Assets USD
$190,66 M
as of 29 Mar 2023

Fund Objective

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

Index Description

The Bloomberg SASB US Corporate High Yield ESG Ex-Controversies Select Index (EUR Hedged) represents a close estimation of the performance that can be achieved by hedging the currency exposure of its parent index, the Bloomberg SASB US Corporate High Yield ESG Ex-Controversies Select Index, to EUR. The index is 100% hedged to the EUR by selling forward the currency of the parent index at the one-month Forward rate.

Fund Information as of 30 Mar 2023

iNAV Ticker
Inception Date 24 Mar 2022
Countries of Registration Austria, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Norway, Spain, Sweden, Switzerland, United Kingdom
Currency Hedging Monthly
Share Class Currency EUR
Income Treatment Accumulation
Settlement Cycle Redemption Settlement Cycle, DD+2; Subscription Settlement Cycle, DD+2
Trading Cycle DD
TER 0,35%
Benchmark Bloomberg SASB US Corporate High Yield ESG Ex-Controversies Select Index (EUR Hedged)
Minimum Investment 1 Share
Trading Currency EUR
UCITS Compliant Yes
SFDR Fund Classification SFDR - Article 8
Domicile Ireland
Investment Manager State Street Global Advisors Europe Limited
Sub-Investment Manager(s)

State Street Global Advisors Trust Company

Fund Umbrella SSGA SPDR ETFs Europe I plc
Replication Method Stratified Sampling
Distribution Frequency -
PEA Eligible No
ISA Eligible Yes
SIPP Eligible Yes
UK Reporting Status Yes
Securities Lending No

Listing and Ticker Information as of 30 Mar 2023

Exchange Trading Currency Listing Date Exchange Ticker SEDOL Code Bloomberg Code Reuters Code
Deutsche Börse (Primary) EUR 25 Mar 2022 SPPQ BYTH560 SPPQ GY SPPQ.DE
Borsa Italiana EUR 28 Mar 2022 SJNE BMCDYS6 SJNE IM SJNE.MI


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)

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 29 Mar 2023

Current Yield 6,59%
Effective Convexity 0,08%
Effective Duration 3,88
Number of Holdings 600
Yield to Maturity 8,64%
Average Maturity in Years 5,59
Average Price $89,20

Fund Market Price as of 29 Mar 2023

Bid Price €27,95
Offer Price €28,04
Closing Price €27,99
Bid/Offer Spread €0,09
Day High €28,03
Day Low €27,90
52 Week High €30,40
52 Week Low €26,31

Fund Net Asset Value as of 29 Mar 2023

NAV €28,01
Share Class Assets €48,69 M
Shares in Issue 1 738 452
Total Fund Assets USD $190,66 M

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.

Top Holdings

Fund Top Holdings as of 29 Mar 2023

Security Name Weight
CLARIV SCI HLD CORP 3.875 07/01/2028 1,41%
MERCER INTL INC 5.125 02/01/2029 1,07%
BALL CORP 2.875 08/15/2030 1,03%
DIRECTV FIN LLC/COINC 5.875 08/15/2027 1,00%
ARCONIC CORP 6.125 02/15/2028 0,87%
CARNIVAL CORP 6 05/01/2029 0,86%
UNICREDIT SPA 5.459 06/30/2035 0,83%
CAESARS ENTERTAIN INC 6.25 07/01/2025 0,83%
HAT HOLDINGS I LLC/HAT 3.375 06/15/2026 0,82%
VODAFONE GROUP PLC 4.125 06/04/2081 0,81%
Download All Holdings: Download Daily Holdings

Sector Allocation

Fund Sector Allocation as of 29 Mar 2023

Sector Weight
Corporate - Consumer Cyclical 26,80%
Corporate - Energy 12,89%
Corporate - Communications 10,06%
Corporate - Technology 9,24%
Corporate - Basic Industry 9,01%
Corporate - Capital Goods 8,77%
Corporate - Consumer Non-Cyclical 7,31%
Corporate - REITS 4,67%
Corporate - Banking 3,88%
Corporate - Transportation 2,67%
Corporate - Finance Companies 2,32%
Corporate - Electric 1,17%
Corporate - Other Financial 0,36%
Corporate - Industrial Other 0,31%
Corporate - Insurance 0,11%
Corporate - Brokerage Assetmanagers Exchanges 0,11%
Other 0,32%

Geographical Weights

Maturity Ladder

Fund Maturity Ladder as of 29 Mar 2023

Maturity Weight
0 - 1 Year 0,87%
1 - 2 Years 4,67%
2 - 3 Years 15,46%
3 - 5 Years 30,37%
5 - 7 Years 26,73%
7 - 10 Years 16,73%
10 - 15 Years 1,52%
15 - 20 Years 1,37%
20 - 30 Years 2,29%

Quality Breakdown

Fund Quality Breakdown as of 29 Mar 2023

Quality Weight
AAA 0,32%
BAA3 0,86%
BA1 24,94%
BA2 11,21%
BA3 16,59%
B1 17,84%
B2 9,83%
B3 10,25%
CAA1 3,37%
CAA2 3,05%
CAA3 1,11%
Not Rated 0,62%

Characteristics, 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. The holdings are taken from the accounting records of SSGA which may differ from the official books and records of the custodian.

Performance of the fund is not shown as the inception date of the fund is less than 12 months.

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

Past performance is not a reliable indicator of future performance. 

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®” and all Bloomberg Indices are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited (“BISL”), the administrator of the index (collectively, “Bloomberg”) and have been licensed for use for certain purposes by State Street Bank and Trust Company, through its State Street Global Advisors division (“SSGA”). Bloomberg is not affiliated with SSGA, and Bloomberg does not approve, endorse, review, or recommend any SSGA product. Bloomberg does not guarantee the timeliness, accurateness, or completeness of any data or information relating to any SSGA product.

Previous to 29 October 2021, the Fund was known as SPDR Bloomberg Barclays 0-5 Year U.S. High Yield Bond UCITS ETF (Dist), tracking the Bloomberg Barclays U.S. High Yield 0-5 Year (ex 144a) Bond Index.