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SPDR® Bloomberg SASB U.S. High Yield Corporate ESG UCITS ETF (Dist) SYBK GY

The returns on a portfolio of securities which exclude companies that do not meet the portfolio's specified ESG criteria may trail the returns on a portfolio of securities which include such companies. A portfolio's ESG criteria may result in the portfolio investing in industry sectors or securities which underperform the market as a whole.

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.

NAV USD (Official NAV)
$40,52
as of 14 Jun 2024
Share Class Currency
USD
1 Day Nav Change
-$0,10 (-0,24%)
as of 14 Jun 2024
Total Fund Assets USD
$327,61 M
as of 14 Jun 2024
TER
0,30%
as of 31 May 2024

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 Index is a high yield, fixed-rate, U.S. dollar-denominated benchmark that optimizes its R-Factor score by State Street Global Advisors. The Index selects securities eligible for the Bloomberg U.S. High Yield Corporate Index and weights them using an optimization process, while controlling for active total risk. The Index excludes issuers based on their ESG characteristics considering both their ESG rating and their involvement in certain controversial business activities as outlined in the Index Methodology.

Fund Information as of 16 Jun 2024

ISIN IE00B99FL386
iNAV Ticker

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

INSYBKE
Inception Date 19 Sep 2013
Countries of Registration Austria, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Norway, Spain, Sweden, Switzerland, United Kingdom
Share Class Currency USD
Income Treatment Distribution
Settlement Cycle Redemption Settlement Cycle, DD+2; Subscription Settlement Cycle, DD+2
Trading Cycle DD
TER 0,30%
Benchmark Bloomberg SASB US Corporate High Yield ESG Ex-Controversies Select Index
Minimum Investment 1 Share
Trading Currency CHF, EUR, GBP, USD
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 Semi-Annually
PEA Eligible No
ISA Eligible Yes
SIPP Eligible Yes
UK Reporting Status Yes
Securities Lending No

Listing and Ticker Information as of 16 Jun 2024

Exchange Trading Currency Listing Date Exchange Ticker SEDOL Code Bloomberg Code Reuters Code
Deutsche Börse (Primary) EUR 20 Sep 2013 SYBK B7XBGS8 SYBK GY SYBK.DE
London Stock Exchange GBP 23 Sep 2013 JNKS BCW3HJ8 JNKS LN JNKS.L
London Stock Exchange USD 23 Sep 2013 SJNK B99FL38 SJNK LN SJNK.L
Borsa Italiana EUR 27 Jan 2014 SJNK BGQV279 SJNK IM SJNK.MI
SIX Swiss Exchange CHF 28 Jan 2014 SJNK BGQV280 SJNK SE SJNK.S

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 13 Jun 2024

Current Yield 6,68%
Effective Convexity -0,11%
Effective Duration 3,22
Number of Holdings 678
Yield to Maturity 7,94%
Average Maturity in Years 4,95
Average Price $94,47

Fund Market Price as of 14 Jun 2024

Bid Price €37,82
Offer Price €37,94
Closing Price €37,88
Bid/Offer Spread €0,11
Day High €38,10
Day Low €37,88
52 Week High €38,10
52 Week Low €34,84

Fund Net Asset Value as of 14 Jun 2024

NAV USD (Official NAV) $40,52
NAV CHF CHF 36,08
NAV EUR €37,92
NAV GBP £31,99
Share Class Assets $139,57 M
Shares in Issue 3 444 111
Total Fund Assets USD $327,61 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.

Yields as of 14 Jun 2024

Distribution Yield

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

6,99%

Fund Performance

  • Fund Inception Date: 19 Sep 2013
  • Index Inception Date: 19 Sep 2013

as of 31 May 2024

As Of 1 Month 3 Month YTD 1 Year 3 Year 5 Year 10 Year Since Inception
19 Sep 2013
Fund Net 31 May 2024 1,67% 2,20% 2,27% 11,06% 1,60% 3,27% 3,33% 3,54%
Difference 31 May 2024 0,02% -0,01% 0,05% 0,10% -0,15% -0,15% -0,34% -0,37%
Fund Gross 31 May 2024 1,69% 2,27% 2,40% 11,40% 1,91% 3,61% 3,71% 3,92%
Difference 31 May 2024 0,05% 0,07% 0,18% 0,44% 0,15% 0,19% 0,04% 0,01%
Index
Bloomberg SASB US Corporate High Yield ESG Ex-Controversies Select Index

Index Change: “Index” reflects linked performance returns of both the Bloomberg SASB US Corporate High Yield ESG Ex-Controversies Select Index and the Bloomberg U.S. High Yield 0-5 Year (ex 144a) Bond Index. The index returns are reflective of the Bloomberg U.S. High Yield 0-5 Year (ex 144a) Bond Index from fund inception until October 29, 2021 and of Bloomberg SASB US Corporate High Yield ESG Ex-Controversies Select Index effective October 29, 2021 to present.

31 May 2024 1,64% 2,21% 2,22% 10,96% 1,76% 3,42% 3,67% 3,91%

as of 31 May 2024

As Of 1 Month 3 Month YTD 1 Year 3 Year 5 Year 10 Year Since Inception
19 Sep 2013
Fund Net 31 May 2024 1,67% 2,20% 2,27% 11,06% 4,89% 17,45% 38,77% 45,01%
Difference 31 May 2024 0,02% -0,01% 0,05% 0,10% -0,48% -0,84% -4,67% -5,68%
Fund Gross 31 May 2024 1,69% 2,27% 2,40% 11,40% 5,83% 19,40% 43,92% 50,81%
Difference 31 May 2024 0,05% 0,07% 0,18% 0,44% 0,47% 1,11% 0,49% 0,13%
Index
Bloomberg SASB US Corporate High Yield ESG Ex-Controversies Select Index

Index Change: “Index” reflects linked performance returns of both the Bloomberg SASB US Corporate High Yield ESG Ex-Controversies Select Index and the Bloomberg U.S. High Yield 0-5 Year (ex 144a) Bond Index. The index returns are reflective of the Bloomberg U.S. High Yield 0-5 Year (ex 144a) Bond Index from fund inception until October 29, 2021 and of Bloomberg SASB US Corporate High Yield ESG Ex-Controversies Select Index effective October 29, 2021 to present.

31 May 2024 1,64% 2,21% 2,22% 10,96% 5,36% 18,29% 43,43% 50,69%

as of 31 May 2024

2024 (YTD) 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Fund Net 2,27% 12,49% -10,67% 5,06% 4,96% 9,31% -0,13% 5,23% 13,75% -4,52% 0,33%
Difference 0,05% 0,37% -0,34% -0,62% 0,19% -0,54% -0,42% -0,65% -0,24% -0,69% -0,85%
Fund Gross 2,40% 12,83% -10,40% 5,37% 5,38% 9,75% 0,27% 5,65% 14,21% -4,14% 0,73%
Difference 0,18% 0,71% -0,07% -0,31% 0,61% -0,11% -0,02% -0,23% 0,22% -0,31% -0,45%
Index
Bloomberg SASB US Corporate High Yield ESG Ex-Controversies Select Index

Index Change: “Index” reflects linked performance returns of both the Bloomberg SASB US Corporate High Yield ESG Ex-Controversies Select Index and the Bloomberg U.S. High Yield 0-5 Year (ex 144a) Bond Index. The index returns are reflective of the Bloomberg U.S. High Yield 0-5 Year (ex 144a) Bond Index from fund inception until October 29, 2021 and of Bloomberg SASB US Corporate High Yield ESG Ex-Controversies Select Index effective October 29, 2021 to present.

2,22% 12,12% -10,32% 5,68% 4,77% 9,85% 0,29% 5,88% 13,99% -3,83% 1,18%

Performance Gross and Net of All Fees.

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.

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.

Index Change: “Index” reflects linked performance returns of both the Bloomberg SASB US Corporate High Yield ESG Ex-Controversies Select Index and the Bloomberg U.S. High Yield 0-5 Year (ex 144a) Bond Index. The index returns are reflective of the Bloomberg U.S. High Yield 0-5 Year (ex 144a) Bond Index from fund inception until October 29, 2021 and of Bloomberg SASB US Corporate High Yield ESG Ex-Controversies Select Index effective October 29, 2021 to present.

Deviation & Tracking Error as of 31 May 2024

Standard Deviation 8,60%
Tracking Error 0,32%

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

Top Holdings

Fund Top Holdings as of 13 Jun 2024

Security Name Weight
CLARIV SCI HLD CORP 3.875 07/01/2028 1,10%
BOMBARDIER INC 6 02/15/2028 1,00%
CARNIVAL CORP 6 05/01/2029 0,95%
DIRECTV FIN LLC/COINC 5.875 08/15/2027 0,83%
CHEMOURS CO 5.75 11/15/2028 0,81%
INTESA SANPAOLO SPA 4.198 06/01/2032 0,74%
SPIRIT AEROSYSTEMS INC 9.75 11/15/2030 0,74%
MERCER INTL INC 5.125 02/01/2029 0,73%
COMMSCOPE INC 6 03/01/2026 0,72%
SABRE GLBL INC 11.25 12/15/2027 0,69%
Download All Holdings: Download Daily Holdings

Sector Allocation

Fund Sector Allocation as of 13 Jun 2024

Sector Weight
Corporate - Consumer Cyclical 22,94%
Corporate - Capital Goods 13,80%
Corporate - Technology 10,44%
Corporate - Communications 9,78%
Corporate - Consumer Non-Cyclical 9,05%
Corporate - Basic Industry 8,81%
Corporate - Energy 8,42%
Corporate - REITS 3,93%
Corporate - Finance Companies 3,41%
Corporate - Transportation 3,08%
Corporate - Banking 3,03%
Corporate - Other Financial 0,71%
Corporate - Electric 0,71%
Corporate - Insurance 0,63%
Corporate - Industrial Other 0,45%
Corporate - Brokerage Assetmanagers Exchanges 0,30%
Other 0,51%

Geographical Weights

Maturity Ladder

Fund Maturity Ladder as of 13 Jun 2024

Maturity Weight
0 - 1 Year 1,65%
1 - 2 Years 8,27%
2 - 3 Years 11,26%
3 - 5 Years 35,87%
5 - 7 Years 29,84%
7 - 10 Years 10,57%
10 - 15 Years 1,07%
15 - 20 Years 0,95%
20 - 30 Years 0,52%

Quality Breakdown

Fund Quality Breakdown as of 13 Jun 2024

Quality Weight
AAA 0,51%
BAA2 0,01%
BAA3 0,09%
BA1 12,54%
BA2 18,77%
BA3 22,20%
B1 16,15%
B2 9,71%
B3 11,17%
CAA1 4,28%
CAA2 1,64%
CAA3 1,74%
Not Rated 1,20%

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.

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.

Index Change: “Index” reflects linked performance returns of both the Bloomberg SASB US Corporate High Yield ESG Ex-Controversies Select Index and the Bloomberg U.S. High Yield 0-5 Year (ex 144a) Bond Index. The index returns are reflective of the Bloomberg U.S. High Yield 0-5 Year (ex 144a) Bond Index from fund inception until October 29, 2021 and of Bloomberg SASB US Corporate High Yield ESG Ex-Controversies Select Index effective October 29, 2021 to present.

The recipient is only permitted to view or receive the Index Data in the form in which it is in presented. The recipient understands, acknowledges and agrees that use of the Index Data is at its sole risk. The recipient understands, acknowledges and agrees that the Index Data is provided "as is" and that neither Morningstar UK Limited (Morningstar) nor its content providers warrant the accuracy, completeness, non-infringement, originality, timeliness or any other characteristic of the Index Data. The recipient further understands, acknowledges and agrees that the Index Data is provided to you as an investor in financial products solely pursuant to regulatory requirements and for informational purposes only. The Index Data may not be used by you for commercial purposes and may not be used for trading or other purposes in lieu of a subscription to such Index Data with Morningstar.