SPDR® Bloomberg Barclays Emerging Markets Local Bond ETF EBND

Important Risk Disclosure

NAV

NAV

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

$26.11

as of Sep 24 2020

Base Currency

USD

Assets Under Management

$866.82 M

as of Sep 24 2020

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 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). Each of the component securities in the Index is a constituent of the Bloomberg Barclays EM Local Currency Government Index, screened such that the following countries are included: Argentina, Brazil, Chile, China, Colombia, Czech Republic, Hungary, Indonesia, Israel, Malaysia, Mexico, Peru, the Philippines, Poland, Romania, Russia, South Africa, South Korea, Thailand and Turkey. As of August 31, 2018, there were approximately 489 securities in the Index and the modified adjusted duration of securities in the Index was approximately 5.38 years.


Fund Information as of Sep 24 2020

Fund Information as of Sep 24 2020
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 Sep 24 2020

Listing Information as of Sep 24 2020
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 Sep 24 2020

Fund Characteristics as of Sep 24 2020
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.

449 4.64% 8.84 $106.40 3.54% 4.33% 6.55 years
Number of Holdings 449
Average Coupon

Average Coupon

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

4.64%
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.

8.84
Average Price $106.40
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.

3.54%
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.

4.33%
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.

6.55 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.

41.55 3.54%
Option Adjusted Spread 41.55
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.

3.54%

Index Characteristics as of Sep 24 2020

Index Characteristics as of Sep 24 2020
Number of Holdings Average Coupon Average Maturity in Years Average Price Average Yield To Worst Current Yield Option Adjusted Duration
602 4.84% 9.02 $108.65 3.55% 4.48% 6.60 years
Number of Holdings 602
Average Coupon 4.84%
Average Maturity in Years 9.02
Average Price $108.65
Average Yield To Worst 3.55%
Current Yield 4.48%
Option Adjusted Duration 6.60 years
Option Adjusted Spread Yield to Maturity
40.87 3.55%
Option Adjusted Spread 40.87
Yield to Maturity 3.55%

Yields as of Sep 24 2020

Yields as of Sep 24 2020
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 Dividend Yield

Fund Dividend Yield

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

3.28% - 4.17%
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.

3.28%
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 Dividend Yield

Fund Dividend Yield

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

4.17%

Fund Market Price as of Sep 24 2020

Fund Market Price as of Sep 24 2020
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)

$26.18 $26.17 $26.21 $26.05 21,322 0.27%
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.

$26.18
Closing Price

Closing Price

Market Price of last reported trade on the exchange.

$26.17
Day High $26.21
Day Low $26.05
Exchange Volume (Shares)

Exchange Volume (shares)

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

21,322
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)

0.27%

Premium Discount to Nav

Quarter
    x axis: # of days
    y axis: # Premium/Discount percentage
    Fund Data

    The above information is provided to show the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds.

    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 Sep 24 2020

    Fund Net Cash Amount as of Sep 24 2020
    Net Cash Amount
    $13,629,508.89
    Net Cash Amount $13,629,508.89

    Fund Net Asset Value as of Sep 24 2020

    Fund Net Asset Value as of Sep 24 2020
    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
    $26.11 33.20 M $866.82 M
    NAV

    NAV

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

    $26.11
    Shares Outstanding 33.20 M
    Assets Under Management $866.82 M
    Most Recent NAV / NAV History

    Fund Performance

    Fund Performance

    • Fund Inception Date: Feb 23 2011

    as of Aug 31 2020

    as of Jun 30 2020

    As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
    Feb 23 2011
    Fund Before Tax
    NAV Aug 31 2020 -0.29% 2.33% -1.80% 2.59% 0.67% 3.95% - 1.22%
    Market Value Aug 31 2020 -0.14% 2.78% -1.91% 2.76% 0.61% 3.96% - 1.24%
    Bloomberg Barclays EM Local Currency Government Diversified Index Aug 31 2020 -0.27% 2.47% -1.40% 3.19% 1.45% 4.75% - 2.07%
    Fund After Tax
    Return after Taxes on Distributions Aug 31 2020 -0.42% 2.04% -2.75% 1.79% -0.23% 3.42% - 0.58%
    Return after Taxes on Distributions and Sale of Fund Shares Aug 31 2020 -0.17% 1.37% -1.08% 1.77% 0.20% 2.89% - 0.72%
    Bloomberg Barclays EM Local Currency Government Diversified Index Aug 31 2020 -0.27% 2.47% -1.40% 3.19% 1.45% 4.75% - 2.07%
    As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
    Feb 23 2011
    Fund Before Tax
    NAV Jun 30 2020 0.86% 7.98% -4.03% -1.21% 1.05% 2.00% - 1.00%
    Market Value Jun 30 2020 0.15% 7.89% -4.56% -1.62% 0.95% 1.98% - 0.97%
    Bloomberg Barclays EM Local Currency Government Diversified Index Jun 30 2020 0.94% 7.98% -3.78% -0.58% 1.78% 2.79% - 1.85%
    Fund After Tax
    Return after Taxes on Distributions Jun 30 2020 0.73% 7.52% -4.69% -1.73% 0.24% 1.54% - 0.38%
    Return after Taxes on Distributions and Sale of Fund Shares Jun 30 2020 0.51% 4.71% -2.39% -0.48% 0.54% 1.40% - 0.57%
    Bloomberg Barclays EM Local Currency Government Diversified Index Jun 30 2020 0.94% 7.98% -3.78% -0.58% 1.78% 2.79% - 1.85%

    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 Sep 24 2020
    Index Top Holdingsas of Sep 24 2020

    Fund Top Holdings as of Sep 24 2020

    Name Market Value ISIN Weight
    NOTA DO TESOURO NACIONAL 10 01/01/2023 8,699,122.94 BRSTNCNTF147 1.00%
    REPUBLIC OF SOUTH AFRICA 10.5 12/21/2026 8,456,332.74 ZAG000016320 0.97%
    LETRA TESOURO NACIONAL 0 01/01/2024 8,419,601.29 - 0.97%
    POLAND GOVERNMENT BOND 2.75 04/25/2028 7,668,078.47 PL0000107611 0.88%
    TITULOS DE TESORERIA 6.25 11/26/2025 7,572,278.49 COL17CT03557 0.87%
    KOREA TREASURY BOND 2.625 03/10/2048 7,086,561.11 KR103502G834 0.82%
    INDONESIA GOVERNMENT 8.125 05/15/2024 5,995,755.54 IDG000012808 0.69%
    NOTA DO TESOURO NACIONAL 10 01/01/2025 5,931,738.91 BRSTNCNTF170 0.68%
    MEX BONOS DESARR FIX RT 10 12/05/2024 5,801,100.24 MX0MGO000078 0.67%
    PHILIPPINE GOVERNMENT 8 07/19/2031 5,797,916.40 PHY6972FPV67 0.67%

    Index Top Holdings as of Sep 24 2020

    Name ISIN Weight
    REPUBLIC OF SOUTH AFRICA 10.5 12/21/2026 ZAG000016320 0.95%
    NOTA DO TESOURO NACIONAL 10 01/01/2023 BRSTNCNTF147 0.84%
    LETRA TESOURO NACIONAL 0 07/01/2023 BRSTNCLTN7Q5 0.71%
    NOTA DO TESOURO NACIONAL 10 01/01/2025 BRSTNCNTF170 0.70%
    TITULOS DE TESORERIA 7 05/04/2022 COL17CT02864 0.65%
    LETRA TESOURO NACIONAL 0 01/01/2024 BRSTNCLTN7S1 0.65%
    BONOS TESORERIA PESOS 5 03/01/2035 CL0002187822 0.61%
    TITULOS DE TESORERIA 6 04/28/2028 COL17CT02914 0.59%
    TITULOS DE TESORERIA 7.5 08/26/2026 COL17CT02625 0.59%
    REPUBLIC OF SOUTH AFRICA 8 01/31/2030 ZAG000106998 0.58%

    Sector Allocation

    Sector Allocation
    Fund Sector Breakdownas of Sep 24 2020
    Index Sector Breakdownas of Sep 24 2020

    Fund Sector Breakdown as of Sep 24 2020

    Sector Weight
    Treasury 96.79%
    Agency 1.70%
    Cash 1.15%
    Non Corporates 0.12%
    Other 0.24%

    Index Sector Breakdown as of Sep 24 2020

    Sector Weight
    Treasury 100.00%

    Quality Breakdown

    Quality Breakdown
    Fund Quality Breakdownas of Sep 24 2020
    Index Quality Breakdownas of Sep 24 2020

    Fund Quality Breakdown as of Sep 24 2020

    Name Weight
    Aaa 1.27%
    Aa 17.34%
    A 31.94%
    Baa 36.25%
    Below Baa 12.96%
    Not Rated 0.24%

    Index Quality Breakdown as of Sep 24 2020

    Name Weight
    Aa 17.37%
    A 32.45%
    Baa 36.78%
    Below Baa 13.40%

    Maturity Ladder

    Maturity Ladder
    Fund Maturity Ladderas of Sep 24 2020
    Index Maturity Ladderas of Sep 24 2020

    Fund Maturity Ladder as of Sep 24 2020

    Name Weight
    0 - 1 Year 2.35%
    1 - 2 Years 9.91%
    2 - 3 Years 10.37%
    3 - 5 Years 19.28%
    5 - 7 Years 14.41%
    7 - 10 Years 15.94%
    10 - 15 Years 9.99%
    15 - 20 Years 7.46%
    20 - 30 Years 9.01%
    > 30 Years 1.28%

    Index Maturity Ladder as of Sep 24 2020

    Name Weight
    1 - 2 Years 12.17%
    2 - 3 Years 10.84%
    3 - 5 Years 17.64%
    5 - 7 Years 15.21%
    7 - 10 Years 14.05%
    10 - 15 Years 12.09%
    15 - 20 Years 6.68%
    20 - 30 Years 9.56%
    > 30 Years 1.77%

    Geographical Breakdown

    Geographical Breakdown

    Purchase Information

    Purchase Information

    Buying and Selling ETFs

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    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.