Special Notice for Funds With Russian Exposure: If market quotations, official closing prices, and/or information furnished by approved pricing sources are not readily available or are deemed unreliable for a portfolio instrument, then that instrument will be valued at fair value as determined in good faith in accordance with SSGA’s fair value pricing procedures.  Certain fund holdings have been fair valued at zero but may not yet be reflected as such in the fund holdings file. 


SPDR® Bloomberg Emerging Markets Local Bond UCITS ETF (Dist) EMDD LN

Important Risk Disclosure

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.

Investing in foreign domiciled securities may involve risk of capital loss from unfavorable fluctuation in currency values, withholding taxes, from differences in generally accepted accounting principles or from economic or political instability in other nations.

NAV USD (Official NAV)

$51.00

as of 30 Sep 2022

Share Class Currency

USD

1 Day Nav Change

+$0.31 (+0.62%)

as of 30 Sep 2022

Total Fund Assets

$2,234.72 M

as of 30 Sep 2022

TER

0.55%

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as of 30 Jun 2022

Morningstar Analyst rating
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as of 30 Jun 2022


Fund Objective

Fund Objective

The objective of the Fund is to track the performance of investible local currency emerging markets bonds.


Index Description

Index Description

The Bloomberg EM Local Currency Liquid Government Bond Index is a country-constrained index designed to provide a broad measure of the performance of liquid local currency emerging markets debt. It limits country exposure to a maximum of 10% and redistributes the excess market value index-wide on a pro-rata basis. To be included in the index, securities must have an amount outstanding of at least US$1 billion equivalent.


Fund Information as of 03 Oct 2022

Fund Information as of 03 Oct 2022
ISIN iNAV Ticker

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

Inception Date Countries of Registration Share Class Currency Income Treatment Settlement Cycle
IE00B4613386 INSYBME 13 May 2011 Austria, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Norway, Spain, Sweden, Switzerland, United Kingdom USD Distribution Redemption Settlement Cycle, DD+4; Subscription Settlement Cycle, DD+4
ISIN IE00B4613386
iNAV Ticker

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

INSYBME
Inception Date 13 May 2011
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+4; Subscription Settlement Cycle, DD+4
Trading Cycle TER Benchmark Minimum Investment Trading Currency UCITS Compliant Domicile
DD+1 0.55% Bloomberg Emerging Markets Local Currency Liquid Government Bond Index 1 Share CHF, EUR, GBP, USD Yes Ireland
Trading Cycle DD+1
TER 0.55%
Benchmark Bloomberg Emerging Markets Local Currency Liquid Government Bond Index
Minimum Investment 1 Share
Trading Currency CHF, EUR, GBP, USD
UCITS Compliant Yes
Domicile Ireland
Investment Manager Sub-Investment Manager(s) Fund Umbrella Replication Method Distribution Frequency PEA Eligible ISA Eligible
State Street Global Advisors Europe Limited

State Street Global Advisors Limited

State Street Global Advisors Singapore Limited

SSGA SPDR ETFs Europe I plc Stratified Sampling Semi-Annually No Yes
Investment Manager State Street Global Advisors Europe Limited
Sub-Investment Manager(s)

State Street Global Advisors Limited

State Street Global Advisors Singapore Limited

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

Listing and Ticker Information as of 03 Oct 2022

Listing and Ticker Information as of 03 Oct 2022

Exchange Trading Currency Listing Date Exchange Ticker SEDOL Code Bloomberg Code Reuters Code
Deutsche Börse (Primary) EUR 18 May 2011 SYBM B3XP273 SYBM GY SYBM.DE
London Stock Exchange GBP 26 Jul 2011 EMDL B6WFJ74 EMDL LN EMDL.L
London Stock Exchange USD 26 Jul 2011 EMDD B461338 EMDD LN EMDD.L
Euronext Paris EUR 05 Oct 2011 EMLD B5V58D7 EMLD FP EMLD.PA
SIX Swiss Exchange CHF 31 Jan 2012 EMDL B75LRV6 EMDL SE EMDL.S
Borsa Italiana EUR 31 Jan 2012 EMLD B435BQ2 EMLD IM EMLD.MI

INAV

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
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 30 Sep 2022

Fund Characteristics as of 30 Sep 2022
Current Yield Effective Convexity Effective Duration Number of Holdings Yield to Maturity Average Maturity in Years Average Price
5.08% 0.74% 5.95 439 6.74% 8.67 $91.17
Current Yield 5.08%
Effective Convexity 0.74%
Effective Duration 5.95
Number of Holdings 439
Yield to Maturity 6.74%
Average Maturity in Years 8.67
Average Price $91.17

Fund Market Price as of 30 Sep 2022

Fund Market Price as of 30 Sep 2022
Bid Price Offer Price Closing Price Bid/Offer Spread Day High Day Low 52 Week High
€51.78 €52.07 €52.07 €0.28 €52.13 €51.81 €57.57
Bid Price €51.78
Offer Price €52.07
Closing Price €52.07
Bid/Offer Spread €0.28
Day High €52.13
Day Low €51.81
52 Week High €57.57
52 Week Low
€51.71
52 Week Low €51.71

Fund Net Asset Value as of 30 Sep 2022

Fund Net Asset Value as of 30 Sep 2022
NAV USD (Official NAV) NAV CHF NAV EUR NAV GBP Share Class Assets Shares in Issue Total Fund Assets
$51.00 CHF 50.19 €52.05 £45.68 $1,844.01 M 36,160,405 $2,234.72 M
NAV USD (Official NAV) $51.00
NAV CHF CHF 50.19
NAV EUR €52.05
NAV GBP £45.68
Share Class Assets $1,844.01 M
Shares in Issue 36,160,405
Total Fund Assets $2,234.72 M
Most Recent NAV/NAV History

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 30 Sep 2022

Yields as of 30 Sep 2022
Distribution Yield

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

4.70%
Distribution Yield

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

4.70%

Fund Performance

Fund Performance

  • Fund Inception Date: 13 May 2011
  • Index Inception Date: 31 Dec 2009
  • Performance Inception Date: 16 May 2011

as of 31 Aug 2022

As Of 1 Month 3 Month YTD 1 Year 3 Year 5 Year Since Inception
16 May 2011
Fund Net 31 Aug 2022 -0.59% -4.47% -12.97% -17.44% -13.60% -12.31% -11.08%
Difference 31 Aug 2022 -0.09% -0.22% -0.24% -0.40% -1.90% -3.72% -8.90%
Fund Gross 31 Aug 2022 -0.54% -4.34% -12.65% -16.99% -12.16% -9.87% -5.40%
Difference 31 Aug 2022 -0.04% -0.09% 0.08% 0.05% -0.47% -1.29% -3.22%
Index
Bloomberg Emerging Markets Local Currency Liquid Government Bond Index
31 Aug 2022 -0.51% -4.25% -12.73% -17.04% -11.69% -8.59% -2.18%

as of 31 Aug 2022

As Of 1 Month 3 Month YTD 1 Year 3 Year 5 Year Since Inception
16 May 2011
Fund Net 31 Aug 2022 -0.59% -4.47% -12.97% -17.44% -4.75% -2.59% -1.03%
Difference 31 Aug 2022 -0.09% -0.22% -0.24% -0.40% -0.69% -0.81% -0.84%
Fund Gross 31 Aug 2022 -0.54% -4.34% -12.65% -16.99% -4.23% -2.06% -0.49%
Difference 31 Aug 2022 -0.04% -0.09% 0.08% 0.05% -0.17% -0.28% -0.29%
Index
Bloomberg Emerging Markets Local Currency Liquid Government Bond Index
31 Aug 2022 -0.51% -4.25% -12.73% -17.04% -4.06% -1.78% -0.20%

as of 31 Aug 2022

2022 (YTD) 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Fund Net -12.97% -8.43% 3.27% 12.17% -5.78% 14.02% 5.83% -12.63% -4.38% -5.98% 15.30%
Difference -0.24% -0.62% -0.95% -0.98% -1.02% -1.01% -1.06% -0.80% -0.68% -0.68% -1.06%
Fund Gross -12.65% -7.92% 3.84% 12.79% -5.27% 14.64% 6.41% -12.15% -3.86% -5.47% 15.94%
Difference 0.08% -0.12% -0.38% -0.36% -0.50% -0.38% -0.48% -0.32% -0.15% -0.16% -0.43%
Index
Bloomberg Emerging Markets Local Currency Liquid Government Bond Index
-12.73% -7.80% 4.23% 13.15% -4.77% 15.02% 6.89% -11.83% -3.71% -5.31% 16.37%

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 1 February 2022, the Fund was known as SPDR Bloomberg Barclays Emerging Markets Local Bond UCITS ETF (Dist), tracking the Bloomberg Barclays Emerging Markets Local Currency Liquid Government Bond Index.


Deviation & Tracking Error as of 31 Aug 2022

Deviation & Tracking Error as of 31 Aug 2022

Standard Deviation Tracking Error
9.77% 0.20%
Standard Deviation 9.77%
Tracking Error 0.20%

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


Top Holdings

Top Holdings
Fund Top Holdingsas of 30 Sep 2022

Fund Top Holdings as of 30 Sep 2022

Security Name Weight
LETRA TESOURO NACIONAL 0 07/01/2024 1.48%
NOTA DO TESOURO NACIONAL 10 01/01/2027 1.45%
NOTA DO TESOURO NACIONAL 10 01/01/2025 1.41%
LETRA TESOURO NACIONAL 0 07/01/2023 1.19%
REPUBLIC OF SOUTH AFRICA 10.5 12/21/2026 1.16%
LETRA TESOURO NACIONAL 0 01/01/2024 1.09%
POLAND GOVERNMENT BOND 3.75 05/25/2027 1.06%
MEX BONOS DESARR FIX RT 5.75 03/05/2026 1.04%
MEX BONOS DESARR FIX RT 7.75 05/29/2031 1.02%
MEX BONOS DESARR FIX RT 8.5 05/31/2029 0.95%
Download All Holdings: Download Daily Holdings

Sector Allocation

Sector Allocation
Fund Sector Allocationas of 30 Sep 2022

Fund Sector Allocation as of 30 Sep 2022

Sector Weight
Treasury 97.65%
Agency 1.23%
Cash 1.07%
Non Corporates 0.05%

Geographical Weights

Geographical Weights

Fund Maturity Ladderas of 30 Sep 2022

Fund Maturity Ladder
as of 30 Sep 2022
Maturity Weight
0 - 1 Year 2.67%
1 - 2 Years 11.13%
2 - 3 Years 12.02%
3 - 5 Years 20.16%
5 - 7 Years 11.27%
7 - 10 Years 16.63%
10 - 15 Years 8.86%
15 - 20 Years 5.76%
20 - 30 Years 9.81%
> 30 Years 1.67%

Fund Quality Breakdownas of 30 Sep 2022

Fund Quality Breakdown
as of 30 Sep 2022
Quality Weight
Aaa 1.07%
Aa 14.05%
A 29.76%
Baa 36.72%
Below BAA 17.71%

Fund Footnote

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.

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 1 February 2022, the Fund was known as SPDR Bloomberg Barclays Emerging Markets Local Bond UCITS ETF (Dist), tracking the Bloomberg Barclays Emerging Markets Local Currency Liquid Government Bond Index.

© 2022 Morningstar, Inc. All rights reserved. The information contained herein; (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. State Street does not review the Morningstar data.