SPDR® Bloomberg Barclays Emerging Markets Local Bond ETF EBND

Important Risk Disclosure

In general, ETFs can be expected to move up or down in value with the value of the applicable index. Although ETF shares may be bought and sold on the exchange through any brokerage account, ETF shares are not individually redeemable from the Fund. Investors may acquire ETFs and tender them for redemption through the Fund in Creation Unit Aggregations only. Please see the prospectus for more details.

There may be differences between the Fund's Dividend Yield and other yield calculations due to the effect of foreign currency gains and losses and foreign taxes within the Fund.

Foreign (non-U.S.) Securities may be subject to greater political, economic, environmental, credit and information risks. Foreign securities may be subject to higher volatility than U.S. securities, due to varying degrees of regulation and limited liquidity. These risks are magnified in emerging markets.

Bond funds contain interest rate risk (as interest rates rise bond prices usually fall); the risk of issuer default; issuer credit risk; liquidity risk; and inflation risk. There are additional risks for funds that invest in mortgage-backed and asset-backed securities including the risk of issuer default; credit risk and inflation risk.

Non-diversified funds that focus on a relatively small number of securities tend to be more volatile than diversified funds and the market as a whole.

Passively managed funds hold a range of securities that, in the aggregate, approximates the full Index in terms of key risk factors and other characteristics. This may cause the fund to experience tracking errors relative to performance of the index.

While the shares of ETFs are tradable on secondary markets, they may not readily trade in all market conditions and may trade at significant discounts in periods of market stress.

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.

Intellectual Property Information: Standard & Poor’s®, S&P® and SPDR® are registered trademarks of Standard & Poor’s Financial Services LLC (S&P); Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones); and these trademarks have been licensed for use by S&P Dow Jones Indices LLC (SPDJI) and sublicensed for certain purposes by State Street Corporation. State Street Corporation’s financial products are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates and third party licensors and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability in relation thereto, including for any errors, omissions, or interruptions of any index.

Before investing, consider the funds' investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 1-866-787-2257 download a prospectus or summary prospectus now, or talk to your financial advisor. Read it carefully before investing.

NAV

NAV

The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

$25.09

as of Oct 21 2021

Base Currency

USD

Assets Under Management

$1,277.01 M

as of Oct 21 2021

Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

0.30%


Key Features

Key Features

  • The SPDR® Bloomberg Barclays Emerging Markets Local Bond ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg Barclays EM Local Currency Government Diversified Index (the “Index”)
  • Seeks to provide exposure to fixed-rate local currency sovereign debt of emerging market countries
  • Index includes government bonds, in local currencies, issued by investment grade and non-investment grade countries outside the U.S. that have a remaining maturity of one year or more
  • Rebalanced on the last business day of the month


About this Benchmark

About this Benchmark

The Bloomberg Barclays EM Local Currency Government Diversified Index is designed to measure the performance of the fixed-rate local currency sovereign debt of emerging market countries. The Index includes government bonds issued by investment grade and non-investment grade countries outside the United States, in local currencies, that have a remaining maturity of one year or more and are rated B3/B-/B- or higher using the middle rating of Moody’s Investors Service, Inc., Standard & Poor’s Financial Services, LLC and Fitch Inc., respectively.


Fund Information as of Oct 24 2021

Fund Information as of Oct 24 2021
Benchmark Inception Date Options Available Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

Base Currency Sub-advisor Investment Manager
Bloomberg Barclays EM Local Currency Government Diversified Index Feb 23 2011 Yes 0.30% USD State Street Global Advisors Limited SSGA Funds Management, Inc.
Benchmark Bloomberg Barclays EM Local Currency Government Diversified Index
Inception Date Feb 23 2011
Options Available Yes
Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

0.30%
Base Currency USD
Sub-advisor State Street Global Advisors Limited
Investment Manager SSGA Funds Management, Inc.
Distributor Distribution Frequency
State Street Global Advisors Funds Distributors, LLC Monthly
Distributor State Street Global Advisors Funds Distributors, LLC
Distribution Frequency Monthly

Listing Information as of Oct 24 2021

Listing Information as of Oct 24 2021
Exchange Listing Date Trading Currency Ticker CUSIP ISIN
NYSE ARCA EXCHANGE Feb 24 2011 USD EBND 78464A391 US78464A3914
Exchange NYSE ARCA EXCHANGE
Listing Date Feb 24 2011
Trading Currency USD
Ticker EBND
CUSIP 78464A391
ISIN US78464A3914

Fund Characteristics as of Oct 21 2021

Fund Characteristics as of Oct 21 2021
Number of Holdings Average Coupon

Average Coupon

The [market value] weighted average coupon of the bonds in a portfolio.

Average Maturity in Years

Average Maturity

The market value-weighted average maturity of the bonds and loans in a portfolio, where maturity is defined as the stated final for bullet maturity bonds and loans.

Average Price Average Yield To Worst *

The lowest potential yield that can be received on a bond without the issuer actually defaulting. The YTW is calculated by making worst-case scenario assumptions on the issue by calculating the return that would be received if the issuer uses provisions, including prepayments. When aggregating YTW for a portfolio level statistic, the weighted average of the YTW and market value for each security is used.

Current Yield *

Current Yield

A bond's annual return based on its annual coupon payments and current price (as opposed to its original price or face). The formula for current yield is a bond's annual coupons divided by its current price. When aggregating Current Yield for a portfolio level statistic, the weighted average of the Current Yield and market value for each security is used.

Option Adjusted Duration

Option Adjusted Duration

An option-adjusted measure of a bond's (or portfolio's) sensitivity to changes in interest rates calculated as the average percentage change in a bond's value (price plus accrued interest) under shifts of the Treasury curve +/- 100 bps. Incorporates the effect of embedded options for corporate bonds and changes in prepayments for mortgage-backed securities.

485 4.40% 8.74 $98.24 4.86% 4.46% 6.38 years
Number of Holdings 485
Average Coupon

Average Coupon

The [market value] weighted average coupon of the bonds in a portfolio.

4.40%
Average Maturity in Years

Average Maturity

The market value-weighted average maturity of the bonds and loans in a portfolio, where maturity is defined as the stated final for bullet maturity bonds and loans.

8.74
Average Price $98.24
Average Yield To Worst *

The lowest potential yield that can be received on a bond without the issuer actually defaulting. The YTW is calculated by making worst-case scenario assumptions on the issue by calculating the return that would be received if the issuer uses provisions, including prepayments. When aggregating YTW for a portfolio level statistic, the weighted average of the YTW and market value for each security is used.

4.86%
Current Yield *

Current Yield

A bond's annual return based on its annual coupon payments and current price (as opposed to its original price or face). The formula for current yield is a bond's annual coupons divided by its current price. When aggregating Current Yield for a portfolio level statistic, the weighted average of the Current Yield and market value for each security is used.

4.46%
Option Adjusted Duration

Option Adjusted Duration

An option-adjusted measure of a bond's (or portfolio's) sensitivity to changes in interest rates calculated as the average percentage change in a bond's value (price plus accrued interest) under shifts of the Treasury curve +/- 100 bps. Incorporates the effect of embedded options for corporate bonds and changes in prepayments for mortgage-backed securities.

6.38 years
Option Adjusted Spread Yield To Maturity *

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.

47.53 4.86%
Option Adjusted Spread 47.53
Yield To Maturity *

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.

4.86%

Index Characteristics as of Oct 21 2021

Index Characteristics as of Oct 21 2021
Number of Holdings Average Coupon Average Maturity in Years Average Price Average Yield To Worst Current Yield Option Adjusted Duration
610 4.65% 8.85 $100.28 4.88% 4.65% 6.39 years
Number of Holdings 610
Average Coupon 4.65%
Average Maturity in Years 8.85
Average Price $100.28
Average Yield To Worst 4.88%
Current Yield 4.65%
Option Adjusted Duration 6.39 years
Option Adjusted Spread Yield to Maturity
52.85 4.88%
Option Adjusted Spread 52.85
Yield to Maturity 4.88%

Yields as of Oct 21 2021

Yields as of Oct 21 2021
30 Day SEC Yield

30 Day SEC Yield

(Also known as Standardized Yield) An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price.

30 Day SEC Yield (Unsubsidized)

30 Day SEC Yield (Unsubsidized)

An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price that does not account for expense ratio waivers.

Fund Distribution Yield

Fund Distribution Yield

The sum of the most recent 12 distributions within the past 365 days divided by Net Asset Value per share, expressed as a percentage.

4.33% - 3.77%
30 Day SEC Yield

30 Day SEC Yield

(Also known as Standardized Yield) An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price.

4.33%
30 Day SEC Yield (Unsubsidized)

30 Day SEC Yield (Unsubsidized)

An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price that does not account for expense ratio waivers.

-
Fund Distribution Yield

Fund Distribution Yield

The sum of the most recent 12 distributions within the past 365 days divided by Net Asset Value per share, expressed as a percentage.

3.77%

Fund Market Price as of Oct 21 2021

Fund Market Price as of Oct 21 2021
Bid/Ask

Bid/Ask Mid Point

(Also known as Mid Price) The price between the best price of the sellers for a trading unit of a given security and the best price of the buyer of a trading unit of a given security.

Closing Price

Closing Price

Market Price of last reported trade on the exchange.

Day High Day Low Exchange Volume (Shares)

Exchange Volume (shares)

Represents the volume of shares traded on the ETF's primary exchange throughout the previous business day.

Premium/Discount

Premium/Discount to NAV

Shows the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds calculated as ((4PM Bid/Ask - Closing NAV) / Closing NAV * 100)

30-Day Median Bid/Ask Spread

The median bid-ask spread is calculated by identifying national best bid and national best offer ("NBBO") for each Fund as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between each such bid and offer by the midpoint of the NBBO. The median of those values is identified and posted on each business day.

$25.01 $25.00 $25.10 $25.00 26,158 -0.31% 0.04%
Bid/Ask

Bid/Ask Mid Point

(Also known as Mid Price) The price between the best price of the sellers for a trading unit of a given security and the best price of the buyer of a trading unit of a given security.

$25.01
Closing Price

Closing Price

Market Price of last reported trade on the exchange.

$25.00
Day High $25.10
Day Low $25.00
Exchange Volume (Shares)

Exchange Volume (shares)

Represents the volume of shares traded on the ETF's primary exchange throughout the previous business day.

26,158
Premium/Discount

Premium/Discount to NAV

Shows the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds calculated as ((4PM Bid/Ask - Closing NAV) / Closing NAV * 100)

-0.31%
30-Day Median Bid/Ask Spread

The median bid-ask spread is calculated by identifying national best bid and national best offer ("NBBO") for each Fund as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between each such bid and offer by the midpoint of the NBBO. The median of those values is identified and posted on each business day.

0.04%
Premium Discount to NAV Graph and Summary

The line graph and table below show historical information about the differences between the daily closing price for shares of the fund (as determined by the fund’s listing exchange) and the fund’s net asset value over certain periods. The vertical axis of the line graph shows the premium/discount expressed as a percentage of NAV. The horizontal axis indicates the date at which the premium/discount occurred. The table shows the number of trading days in which the fund traded at a premium or at a discount to NAV.

x axis: Dates
y axis: Premium or Discount (bps)
Number of Days Summary
Calendar Year 2020 First Quarter of 2021 Second Quarter of 2021 Third Quarter of 2021
Days Traded at Premium

Number of days the ETF 4PM Bid/Ask was above the NAV.

185 42 52 40
Days Traded at Discount

Number of days the ETF 4PM Bid/Ask was below the NAV.

68 19 11 24
Days Traded at Premium

Number of days the ETF 4PM Bid/Ask was above the NAV.

Calendar Year 2020 185
First Quarter of 2021 42
Second Quarter of 2021 52
Third Quarter of 2021 40
Days Traded at Discount

Number of days the ETF 4PM Bid/Ask was below the NAV.

Calendar Year 2020 68
First Quarter of 2021 19
Second Quarter of 2021 11
Third Quarter of 2021 24
Fund Data

Because ETFs trade like stocks at current market prices, shareholders may pay more than a fund’s NAV when purchasing fund shares and may receive less than a fund’s NAV when selling fund shares.

Before investing, consider the funds' investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 1-866-787-2257 download a prospectus or summary prospectus now, or talk to your financial advisor. Read it carefully before investing.


Fund Net Cash Amount as of Oct 21 2021

Fund Net Cash Amount as of Oct 21 2021
Net Cash Amount
$17,008,850.65
Net Cash Amount $17,008,850.65

Fund Net Asset Value as of Oct 21 2021

Fund Net Asset Value as of Oct 21 2021
NAV

NAV

The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

Shares Outstanding Assets Under Management
$25.09 50.90 M $1,277.01 M
NAV

NAV

The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

$25.09
Shares Outstanding 50.90 M
Assets Under Management $1,277.01 M
Most Recent NAV / NAV History

Fund Performance

Fund Performance

  • Fund Inception Date: Feb 23 2011

as of Sep 30 2021

as of Sep 30 2021

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Feb 23 2011
Fund Before Tax
NAV Sep 30 2021 -3.50% -3.39% -7.51% -0.10% 2.96% 1.20% 1.11% 0.96%
Market Value Sep 30 2021 -3.46% -3.43% -7.73% -0.35% 2.97% 1.24% 0.95% 0.96%
Bloomberg Barclays EM Local Currency Government Diversified Index Sep 30 2021 -3.42% -3.24% -7.10% 0.42% 3.60% 1.87% 1.89% 1.77%
Fund After Tax
Return after Taxes on Distributions Sep 30 2021 -3.63% -3.75% -8.39% -1.07% 2.32% 0.63% 0.54% 0.36%
Return after Taxes on Distributions and Sale of Fund Shares Sep 30 2021 -2.07% -2.00% -4.43% 0.05% 2.10% 0.75% 0.67% 0.54%
Bloomberg Barclays EM Local Currency Government Diversified Index Sep 30 2021 -3.42% -3.24% -7.10% 0.42% 3.60% 1.87% 1.89% 1.77%
As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Feb 23 2011
Fund Before Tax
NAV Sep 30 2021 -3.50% -3.39% -7.51% -0.10% 2.96% 1.20% 1.11% 0.96%
Market Value Sep 30 2021 -3.46% -3.43% -7.73% -0.35% 2.97% 1.24% 0.95% 0.96%
Bloomberg Barclays EM Local Currency Government Diversified Index Sep 30 2021 -3.42% -3.24% -7.10% 0.42% 3.60% 1.87% 1.89% 1.77%
Fund After Tax
Return after Taxes on Distributions Sep 30 2021 -3.63% -3.75% -8.39% -1.07% 2.32% 0.63% 0.54% 0.36%
Return after Taxes on Distributions and Sale of Fund Shares Sep 30 2021 -2.07% -2.00% -4.43% 0.05% 2.10% 0.75% 0.67% 0.54%
Bloomberg Barclays EM Local Currency Government Diversified Index Sep 30 2021 -3.42% -3.24% -7.10% 0.42% 3.60% 1.87% 1.89% 1.77%

Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Performance of an index is not illustrative of any particular investment.  It is not possible to invest directly in an index.

Performance returns for periods of less than one year are not annualized.  Performance is shown net of fees.

The market price used to calculate the Market Value return is the midpoint between the highest bid and the lowest offer on the exchange on which the shares of the Fund are listed for trading, as of the time that the Fund's NAV is calculated. If you trade your shares at another time, your return may differ.

Gross Expense Ratio: 0.30%


Top Holdings

Subject to change.

Top Holdings

Subject to change.

Fund Top Holdingsas of Oct 21 2021
Index Top Holdingsas of Oct 21 2021

Fund Top Holdings as of Oct 21 2021

Name Market Value ISIN Weight
LETRA TESOURO NACIONAL 0 01/01/2024 16,426,445.05 - 1.29%
REPUBLIC OF SOUTH AFRICA 10.5 12/21/2026 11,117,257.98 ZAG000016320 0.87%
KOREA TREASURY BOND 1.5 03/10/2050 9,480,068.31 KR103502GA34 0.74%
POLAND GOVERNMENT BOND 2.5 04/25/2024 9,468,416.98 PL0000111191 0.74%
MEX BONOS DESARR FIX RT 8.5 05/31/2029 8,156,882.13 MX0MGO0000H9 0.64%
CHINA GOVERNMENT BOND 2.68 05/21/2030 8,125,867.83 CND100036Q75 0.64%
KOREA TREASURY BOND 1.375 06/10/2030 8,077,916.12 KR103502GA67 0.63%
REPUBLIC OF SOUTH AFRICA 8.75 02/28/2048 7,705,224.20 ZAG000096173 0.60%
LETRA TESOURO NACIONAL 0 01/01/2023 7,612,001.44 - 0.60%
POLAND GOVERNMENT BOND 0.25 10/25/2026 7,325,966.82 PL0000113460 0.57%

Index Top Holdings as of Oct 21 2021

Name ISIN Weight
LETRA TESOURO NACIONAL 0 01/01/2024 BRSTNCLTN7S1 1.08%
REPUBLIC OF SOUTH AFRICA 10.5 12/21/2026 ZAG000016320 0.92%
LETRA TESOURO NACIONAL 0 07/01/2023 BRSTNCLTN7Q5 0.66%
LETRA TESOURO NACIONAL 0 01/01/2023 BRSTNCLTN7D3 0.64%
REPUBLIC OF SOUTH AFRICA 8 01/31/2030 ZAG000106998 0.64%
NOTA DO TESOURO NACIONAL 10 01/01/2023 BRSTNCNTF147 0.62%
REPUBLIC OF SOUTH AFRICA 8.75 02/28/2048 ZAG000096173 0.61%
KOREA TREASURY BOND 1.5 03/10/2050 KR103502GA34 0.60%
BONOS TESORERIA PESOS 2.5 03/01/2025 CL0002599166 0.55%
MEX BONOS DESARR FIX RT 5.75 03/05/2026 MX0MGO0000Y4 0.54%

Sector Allocation

Sector Allocation
Fund Sector Breakdownas of Oct 21 2021
Index Sector Breakdownas of Oct 21 2021

Fund Sector Breakdown as of Oct 21 2021

Sector Weight
Treasury 98.09%
Agency 0.99%
Cash 0.85%
Non Corporates 0.07%

Index Sector Breakdown as of Oct 21 2021

Sector Weight
Treasury 100.00%

Quality Breakdown

Quality Breakdown
Fund Quality Breakdownas of Oct 21 2021
Index Quality Breakdownas of Oct 21 2021

Fund Quality Breakdown as of Oct 21 2021

Name Weight
Aaa 0.92%
Aa 16.98%
A 29.90%
Baa 39.44%
Below BAA 12.49%
Not Rated 0.28%

Index Quality Breakdown as of Oct 21 2021

Name Weight
Aa 17.11%
A 29.96%
Baa 40.05%
Below BAA 12.88%
Not Rated 0.06%

Maturity Ladder

Maturity Ladder
Fund Maturity Ladderas of Oct 21 2021
Index Maturity Ladderas of Oct 21 2021

Fund Maturity Ladder as of Oct 21 2021

Name Weight
0 - 1 Year 1.70%
1 - 2 Years 10.67%
2 - 3 Years 12.21%
3 - 5 Years 18.21%
5 - 7 Years 13.84%
7 - 10 Years 16.06%
10 - 15 Years 9.78%
15 - 20 Years 7.04%
20 - 30 Years 9.34%
> 30 Years 1.15%

Index Maturity Ladder as of Oct 21 2021

Name Weight
1 - 2 Years 12.27%
2 - 3 Years 11.27%
3 - 5 Years 18.98%
5 - 7 Years 13.64%
7 - 10 Years 16.33%
10 - 15 Years 10.19%
15 - 20 Years 6.03%
20 - 30 Years 9.61%
> 30 Years 1.68%

Geographical Breakdown

Geographical Breakdown

Purchase Information

Purchase Information

Buying and Selling ETFs

ETFs are flexible and easy to trade. Investors buy and sell them like stocks, typically through a brokerage account. Investors can also employ traditional stock trading techniques; including stop orders, limit orders, margin purchases, and short sales using ETFs. They are listed on major US Stock Exchanges.

ETFs are subject to risk similar to those of stocks including those regarding short-selling and margin account maintenance.

Ordinary brokerage commissions may apply.


Fund Footnotes

In general, ETFs can be expected to move up or down in value with the value of the applicable index. Although ETF shares may be bought and sold on the exchange through any brokerage account, ETF shares are not individually redeemable from the Fund. Investors may acquire ETFs and tender them for redemption through the Fund in Creation Unit Aggregations only. Please see the prospectus for more details.

After-tax returns are calculated based on NAV using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor's tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.

Performance of an index is not illustrative of any particular investment. It is not possible to invest directly in an index.

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.

Unless otherwise noted all information contained herein is that of the SPDR Bloomberg Barclays Emerging Markets Local Bond ETF.

As with all stocks, you may be required to deposit more money or securities into your margin account if the equity, including the amount attributable to your ETF shares, declines.

BLOOMBERG®, a trademark and service mark of Bloomberg Finance L.P. and its affiliates, and BARCLAYS®, a trademark and service mark of Barclays Bank Plc, have each been licensed for use in connection with the listing and trading of the SPDR Bloomberg Barclays ETFs.