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SPDR® Portfolio Long Term Treasury ETF SPTL

NAV
$30.94
as of Dec 02 2022
Base Currency
USD
Assets Under Management
$6,080.21 M
as of Dec 02 2022
Gross Expense Ratio
0.06%

Key Features


  • The SPDR® Portfolio Long Term Treasury ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg Long U.S. Treasury Index (the "Index")
  • One of the low cost core SPDR Portfolio ETFs, a suite of portfolio building blocks designed to provide broad, diversified exposure to core asset classes
  • A low cost ETF that seeks to offer precise, comprehensive exposure to US Treasuries with remaining maturities of 10 or more years
  • May be more sensitive to interest rate fluctuations than vehicles with shorter duration, and is market cap weighted and reconstituted on the last business day of the month

  • About this Benchmark


    The Bloomberg Long U.S. Treasury Index (the "Index") is designed to measure the performance of public obligations of the U.S. Treasury that have a remaining maturity of 10 years or more. The Index includes all publicly issued, U.S. Treasury securities that have a remaining maturity of 10 years or more, are rated investment grade, and have $300 million or more of outstanding face value. In addition, the securities must be denominated in U.S. dollars and must be fixed rate and non-convertible. Excluded from the Index are certain special issues, such as flower bonds, targeted investor notes, state and local government series bonds, inflation protected public obligations of the U.S. Treasury, commonly known as "TIPS," and coupon issues that have been stripped from bonds included in the Index. The Index is market capitalization weighted.


    Fund Information as of Dec 05 2022

    Benchmark Bloomberg Long U.S. Treasury Index
    Inception Date May 23 2007
    Options Available No
    Gross Expense Ratio
    0.06%
    Base Currency USD
    Administrator State Street Global Advisors Funds Management Inc.
    Investment Manager SSGA Funds Management, Inc.
    Management Team Global Fixed Income, Cash and Currency
    Distributor State Street Global Advisors Funds Distributors, LLC
    Distribution Frequency Monthly

    Listing Information as of Dec 05 2022

    Exchange Listing Date Trading Currency Ticker CUSIP ISIN
    NYSE ARCA EXCHANGE May 23 2007 USD SPTL 78464A664 US78464A6644

    Fund Characteristics as of Dec 02 2022

    Number of Holdings 79
    Average Coupon
    2.71%
    Average Maturity in Years
    23.34
    Average Price $84.13
    Average Yield To Worst
    3.72%
    Option Adjusted Duration
    16.54 years
    Option Adjusted Spread 0.33
    Yield to Maturity
    3.72%

    Index Characteristics as of Dec 02 2022

    Number of Holdings 72
    Average Coupon 2.69%
    Average Maturity in Years 23.28
    Average Price $83.72
    Average Yield To Worst 3.72%
    Option Adjusted Duration 16.55 years
    Option Adjusted Spread 0.40
    Yield to Maturity 3.72%

    Yields as of Dec 02 2022

    30 Day SEC Yield
    3.77%
    30 Day SEC Yield (Unsubsidized)
    -
    Fund Distribution Yield
    2.53%

    Fund Market Price as of Dec 02 2022

    Bid/Ask
    $30.98
    Closing Price
    $30.98
    Day High $30.98
    Day Low $30.32
    Exchange Volume (Shares)
    690,805
    Premium/Discount
    0.10%
    30-Day Median Bid/Ask Spread
    0.03%

    Premium Discount to NAV Graph and Summary

    Number of Days Summary

    Calendar Year 2021 First Quarter of 2022 Second Quarter of 2022 Third Quarter of 2022
    Days Traded at Premium
    243 60 60 63
    Days Traded at Discount
    9 2 2 1

    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 Dec 02 2022

    Net Cash Amount $34,369,572.90

    Fund Net Asset Value as of Dec 02 2022

    NAV
    $30.94
    Shares Outstanding 196.50 M
    Assets Under Management $6,080.21 M

    Fund Performance

    • Fund Inception Date: May 23 2007

    as of Oct 31 2022

    As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
    May 23 2007
    Fund Before Tax
    NAV Oct 31 2022 -5.55% -5.55% -32.82% -32.04% -10.01% -2.77% -0.05% 3.66%
    Market Value Oct 31 2022 -5.40% -5.40% -32.43% -32.02% -9.94% -2.73% -0.01% 3.68%
    Bloomberg Long U.S. Treasury Index Oct 31 2022 -5.55% -5.55% -32.78% -31.98% -9.98% -2.72% 0.02% 3.74%
    Fund After Tax
    Return after Taxes on Distributions Oct 31 2022 -5.64% -5.64% -33.30% -32.63% -10.70% -3.64% -1.06% 2.51%
    Return after Taxes on Distributions and Sale of Fund Shares Oct 31 2022 -3.28% -3.28% -19.38% -18.88% -7.59% -2.34% -0.41% 2.45%
    Bloomberg Long U.S. Treasury Index Oct 31 2022 -5.55% -5.55% -32.78% -31.98% -9.98% -2.72% 0.02% 3.74%

    as of Sep 30 2022

    As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
    May 23 2007
    Fund Before Tax
    NAV Sep 30 2022 -7.90% -9.65% -28.88% -26.70% -8.55% -1.67% 0.51% 4.07%
    Market Value Sep 30 2022 -7.99% -9.75% -28.58% -26.71% -8.59% -1.65% 0.51% 4.07%
    Bloomberg Long U.S. Treasury Index Sep 30 2022 -7.90% -9.63% -28.84% -26.65% -8.51% -1.62% 0.59% 4.15%
    Fund After Tax
    Return after Taxes on Distributions Sep 30 2022 -7.99% -9.88% -29.31% -27.31% -9.25% -2.55% -0.50% 2.91%
    Return after Taxes on Distributions and Sale of Fund Shares Sep 30 2022 -4.68% -5.70% -17.06% -15.72% -6.56% -1.55% -0.01% 2.76%
    Bloomberg Long U.S. Treasury Index Sep 30 2022 -7.90% -9.63% -28.84% -26.65% -8.51% -1.62% 0.59% 4.15%

    Past performance is not a reliable indicator of future performance. 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.  All results are historical and assume the reinvestment of dividends and capital gains. 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.

    Index returns are unmanaged and do not reflect the deduction of any fees or expenses. Index returns reflect all items of income, gain and loss and the reinvestment of dividends and other income as applicable.

    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: 0.06%


    Top Holdings

    as of Dec 02 2022
    as of Dec 02 2022

    Fund Top Holdings as of Dec 02 2022

    Name Market Value ISIN Weight
    US TREASURY N/B 3 08/15/2052 184,411,718.97 US912810TJ79 3.08%
    US TREASURY N/B 3.375 08/15/2042 176,783,750.56 US912810TK43 2.95%
    US TREASURY N/B 2.375 05/15/2051 171,042,774.11 US912810SX72 2.86%
    US TREASURY N/B 2 08/15/2051 170,866,392.91 US912810SZ21 2.86%
    US TREASURY N/B 2.875 05/15/2052 168,108,352.25 US912810TG31 2.81%
    US TREASURY N/B 1.875 02/15/2041 161,766,607.00 US912810SW99 2.70%
    US TREASURY N/B 2.25 05/15/2041 161,650,089.24 US912810SY55 2.70%
    US TREASURY N/B 1.875 02/15/2051 158,949,725.43 US912810SU34 2.66%
    US TREASURY N/B 4 11/15/2052 157,917,625.79 US912810TL26 2.64%
    US TREASURY N/B 1.75 08/15/2041 150,892,644.74 US912810TA60 2.52%

    Index Top Holdings as of Dec 02 2022

    Name ISIN Weight
    US TREASURY N/B 2.375 05/15/2051 US912810SX72 2.99%
    US TREASURY N/B 1.75 08/15/2041 US912810TA60 2.78%
    US TREASURY N/B 2 08/15/2051 US912810SZ21 2.73%
    US TREASURY N/B 2.875 05/15/2052 US912810TG31 2.67%
    US TREASURY N/B 1.875 02/15/2051 US912810SU34 2.66%
    US TREASURY N/B 3 08/15/2052 US912810TJ79 2.64%
    US TREASURY N/B 1.875 02/15/2041 US912810SW99 2.55%
    US TREASURY N/B 2.25 02/15/2052 US912810TD00 2.46%
    US TREASURY N/B 1.875 11/15/2051 US912810TB44 2.44%
    US TREASURY N/B 2 11/15/2041 US912810TC27 2.42%

    Sector Allocation

    as of Dec 02 2022
    as of Dec 02 2022

    Fund Sector Breakdown as of Dec 02 2022

    Sector Weight
    Treasury 99.99%
    Cash 0.01%

    Index Sector Breakdown as of Dec 02 2022

    Sector Weight
    Treasury 100.00%

    Quality Breakdown

    as of Dec 02 2022
    as of Dec 02 2022

    Fund Quality Breakdown as of Dec 02 2022

    Name Weight
    AAA 100.00%

    Index Quality Breakdown as of Dec 02 2022

    Name Weight
    AAA 100.00%

    Maturity Ladder

    as of Dec 02 2022
    as of Dec 02 2022

    Fund Maturity Ladder as of Dec 02 2022

    Name Weight
    0 - 1 Year 0.01%
    10 - 15 Years 1.11%
    15 - 20 Years 34.72%
    20 - 30 Years 64.17%

    Index Maturity Ladder as of Dec 02 2022

    Name Weight
    10 - 15 Years 1.15%
    15 - 20 Years 33.85%
    20 - 30 Years 65.00%

    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.


    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® Portfolio Long Term Treasury 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®" and Bloomberg Long U.S. Treasury Index 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 Global Advisors. Bloomberg is not affiliated with State Street Global Advisors, and Bloomberg does not approve, endorse, review, or recommend SPDR Portfolio Long Term Treasury ETF. Bloomberg does not guarantee the timeliness, accurateness, or completeness of any data or information relating to SPDR Portfolio Long Term Treasury ETF.

    Prior to 8/24/2021, the Bloomberg Long U.S. Treasury Index was known as the Bloomberg Barclays Long U.S. Treasury Index.