BWZ: SPDR® Bloomberg Barclays Short Term International Treasury Bond ETF

NAV

$29.30

as of Apr 03 2020

Base Currency

USD

Assets Under Management

$219.74 M

as of Apr 03 2020

Gross Expense Ratio

0.35%

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Key Features

The SPDR^® Bloomberg Barclays Short Term International Treasury Bond ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg Barclays 1-3 Year Global Treasury ex-US Capped Index (the "Index")
Seeks to provide exposure to the fixed-rate local currency sovereign debt of investment grade countries outside the United States that have maturities of one to three years
Index includes government bonds issued by investment grade countries outside the United States, in local currencies, that have a remaining maturity of one to three years and are rated investment grade
Rebalanced on the last business day of the month

About this Benchmark

The Bloomberg Barclays 1-3 Year Global Treasury ex-US Capped index is designed to measure the performance of fixed-rate local currency sovereign debt of investment grade countries outside the United States that have remaining maturities of one to three years. The Index includes government bonds issued by investment grade countries outside the United States, in local currencies, that have remaining maturities of one to three years and are rated investment grade (Baa3/BBB-/BBB- or higher using the middle rating of Moody's Investors Service, Inc., Standard & Poor's, Inc. and Fitch Inc., respectively). Each of the component securities in the Index is a constituent of the Bloomberg Barclays Global Treasury ex-US Index, screened such that the following countries are included: Australia, Austria,Belgium, Canada, Chile, China, Cyprus, Czech Republic, Denmark, Finland, France, Germany, Hong Kong, Hungary, Indonesia, Ireland, Israel, Italy, Japan, Latvia, Lithuania, Luxembourg, Malaysia, Malta, Mexico, Netherlands, New Zealand, Norway, Poland, Portugal, Russia, Singapore, Slovakia, Slovenia, South Korea, Spain, Sweden, Switzerland, Thailand and the United Kingdom. In addition, the securities in the Index must be fixed-rate and have certain minimum amounts outstanding, depending upon the currency in which the bonds are denominated. The Index is calculated by Bloomberg Index Services Limited using a modified "market capitalization" methodology. This design ensures that each constituent country within the Index is represented in a proportion consistent with its percentage with respect to the total market capitalization of the Index. Component securities in each constituent country are represented in a proportion consistent with their percentage relative to the other component securities in the constituent country. The securities in the Index are updated monthly, on the last business day of each month. As of August 31, 2018, a significant portion of the Fund comprised companies located in Europe and Japan, although this may change from time to time. As of August 31, 2018, there were approximately 260 securities in the Index, the dollar-weighted average maturity of the securities in the Index was 1.92 years and the modified adjusted duration of securities in the Index was approximately 1.89 years.

Fund Information as of Apr 03 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	Investment Manager	Management Team
Bloomberg Barclays 1-3 Year Global Treasury ex-US Capped Index	Jan 15 2009	No	0.35%	USD	SSGA Funds Management, Inc.	Global Fixed Income, Cash and Currency

Benchmark	Bloomberg Barclays 1-3 Year Global Treasury ex-US Capped Index
Inception Date	Jan 15 2009
Options Available	No
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.	0.35%
Base Currency	USD
Investment Manager	SSGA Funds Management, Inc.
Management Team	Global Fixed Income, Cash and Currency

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 Apr 03 2020

Exchange	Listing Date	Trading Currency	Ticker	CUSIP	ISIN
NYSE ARCA EXCHANGE	Jan 21 2009	USD	BWZ	78464A334	US78464A3344

Exchange	NYSE ARCA EXCHANGE
Listing Date	Jan 21 2009
Trading Currency	USD
Ticker	BWZ
CUSIP	78464A334
ISIN	US78464A3344

Fund Characteristics as of Apr 03 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.
222	2.13%	1.85	$102.94	0.34%	2.03%	1.81 years

Number of Holdings	222
Average Coupon Average Coupon The [market value] weighted average coupon of the bonds in a portfolio.	2.13%
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.	1.85
Average Price	$102.94
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.	0.34%
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.	2.03%
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.	1.81 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.
18.51	0.34%

Option Adjusted Spread	18.51
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.	0.34%

Index Characteristics as of Apr 03 2020

Number of Holdings	Average Coupon	Average Maturity in Years	Average Price	Average Yield To Worst	Current Yield	Option Adjusted Duration
287	2.28%	1.90	$103.58	0.34%	2.16%	1.86 years

Number of Holdings	287
Average Coupon	2.28%
Average Maturity in Years	1.90
Average Price	$103.58
Average Yield To Worst	0.34%
Current Yield	2.16%
Option Adjusted Duration	1.86 years

Option Adjusted Spread	Yield to Maturity
18.78	0.35%

Option Adjusted Spread	18.78
Yield to Maturity	0.35%

Yields as of Apr 03 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.	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.
0.26%	0.40%

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.	0.26%
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.	0.40%

Fund Market Price as of Apr 03 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 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)
$29.22	$29.19	$29.30	$29.19	739	-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 a given security.	$29.22
Closing Price Closing Price Market Price of last reported trade on the exchange.	$29.19
Day High	$29.30
Day Low	$29.19
Exchange Volume (Shares) Exchange Volume (shares) Represents the volume of shares traded on the ETF's primary exchange throughout the previous business day.	739
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 Apr 03 2020

Net Cash Amount
$1,847,469.91

Net Cash Amount

$1,847,469.91

Fund Net Asset Value as of Apr 03 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
$29.30	7.50 M	$219.74 M

NAV NAV The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.	$29.30
Shares Outstanding	7.50 M
Assets Under Management	$219.74 M

Most Recent NAV / NAV History

Fund Performance
View as

Fund Performance

Fund Inception Date: Jan 15 2009

Performance

Month End Quarter End

	As Of	1 Month	QTD	YTD	1 Year	3 Year	5 Year	10 Year	Since Inception Jan 15 2009
Fund Before Tax
NAV	Feb 29 2020	-1.03%	-1.99%	-1.99%	-1.35%	0.89%	-0.08%	-1.08%	-0.12%
Market Value	Feb 29 2020	-1.02%	-2.11%	-2.11%	-1.31%	0.90%	-0.06%	-1.07%	-0.12%
Bloomberg Barclays 1-3 Year Global Treasury ex-US Capped Index	Feb 29 2020	-0.96%	-1.88%	-1.88%	-0.90%	1.31%	0.36%	-0.67%	0.31%
Fund After Tax
Return after Taxes on Distributions	Feb 29 2020	-1.04%	-2.00%	-2.00%	-1.36%	0.69%	-0.21%	-1.27%	-0.34%
Return after Taxes on Distributions and Sale of Fund Shares	Feb 29 2020	-0.61%	-1.18%	-1.18%	-0.80%	0.60%	-0.11%	-0.87%	-0.15%
Bloomberg Barclays 1-3 Year Global Treasury ex-US Capped Index	Feb 29 2020	-0.96%	-1.88%	-1.88%	-0.90%	1.31%	0.36%	-0.67%	0.31%

	As Of	1 Month	QTD	YTD	1 Year	3 Year	5 Year	10 Year	Since Inception Jan 15 2009
Fund Before Tax
NAV	Dec 31 2019	1.81%	2.28%	0.89%	0.89%	2.41%	-0.40%	-0.99%	0.06%
Market Value	Dec 31 2019	1.94%	2.10%	1.03%	1.03%	2.52%	-0.37%	-1.05%	0.07%
Bloomberg Barclays 1-3 Year Global Treasury ex-US Capped Index	Dec 31 2019	1.84%	2.38%	1.31%	1.31%	2.83%	0.03%	-0.58%	0.49%
Fund After Tax
Return after Taxes on Distributions	Dec 31 2019	1.81%	2.28%	0.89%	0.89%	2.22%	-0.52%	-1.18%	-0.16%
Return after Taxes on Distributions and Sale of Fund Shares	Dec 31 2019	1.07%	1.35%	0.53%	0.53%	1.77%	-0.35%	-0.80%	-0.02%
Bloomberg Barclays 1-3 Year Global Treasury ex-US Capped Index	Dec 31 2019	1.84%	2.38%	1.31%	1.31%	2.83%	0.03%	-0.58%	0.49%

as of Feb 29 2020

as of Dec 31 2019

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.

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: 0.35%

Top Holdings
Subject to change.

Top Holdings

Fund Top Holdingsas of Apr 03 2020

Index Top Holdingsas of Apr 03 2020

Fund Top Holdings as of Apr 03 2020

Name	Market Value	ISIN	Weight
CHINA GOVERNMENT BOND 3.17 10/11/2021	6,665,873.28	CND10001PZ16	3.03%
JAPAN (5 YEAR ISSUE) 0.1 03/20/2022	5,879,819.42	JP1051311H38	2.68%
KOREA TREASURY BOND 2 03/10/2021	5,875,361.94	KR103501G638	2.67%
JAPAN (5 YEAR ISSUE) 0.1 09/20/2021	5,789,098.67	JP1051291G90	2.63%
JAPAN (5 YEAR ISSUE) 0.1 12/20/2021	4,576,509.92	JP1051301GC9	2.08%
KOREA TREASURY BOND 1.25 12/10/2022	4,243,557.32	KR103501G9C9	1.93%
JAPAN (5 YEAR ISSUE) 0.1 09/20/2022	3,941,579.20	JP1051331H91	1.79%
JAPAN (10 YEAR ISSUE) 1.1 09/20/2021	3,773,075.63	JP1103171B99	1.72%
JAPAN (10 YEAR ISSUE) 1 03/20/2022	3,769,867.05	JP1103211C33	1.72%
JAPAN (5 YEAR ISSUE) 0.1 06/20/2022	3,638,099.96	JP1051321H69	1.66%

Download All Holdings: Daily
Centralized Systematic Valuation Aggregated Cash Flow (ACF) File »

Index Top Holdings as of Apr 03 2020

Name	ISIN	Weight
FRANCE (GOVT OF) 3 04/25/2022	FR0011196856	1.27%
UK TSY 4% 2022 4 03/07/2022	GB00B3KJDQ49	1.20%
JAPAN (10 YEAR ISSUE) .6 03/20/2023	JP1103281D37	1.09%
FRANCE (GOVT OF) 3.25 10/25/2021	FR0011059088	1.06%
FRANCE (GOVT OF) 3.75 04/25/2021	FR0010192997	1.05%
FRANCE (GOVT OF) 2.25 10/25/2022	FR0011337880	1.03%
JAPAN (5 YEAR ISSUE) .1 03/20/2023	JP1051351J37	1.03%
JAPAN (5 YEAR ISSUE) .1 03/20/2021	JP1051271G37	1.03%
JAPAN (10 YEAR ISSUE) .8 09/20/2022	JP1103251C91	1.02%
BELGIUM KINGDOM 4.25 09/28/2022	BE0000325341	0.99%

Sector Allocation

Fund Sector Breakdownas of Apr 03 2020

Index Sector Breakdownas of Apr 03 2020

Fund Sector Breakdown as of Apr 03 2020

Sector	Weight
Treasury	99.76%
Cash	0.24%

Index Sector Breakdown as of Apr 03 2020

Sector	Weight
Treasury	100.00%

Quality Breakdown

Fund Quality Breakdownas of Apr 03 2020

Index Quality Breakdownas of Apr 03 2020

Fund Quality Breakdown as of Apr 03 2020

Name	Weight
Aaa	21.27%
Aa	24.22%
A	37.45%
Baa	17.06%

Index Quality Breakdown as of Apr 03 2020

Name	Weight
Aaa	21.01%
Aa	24.22%
A	37.65%
Baa	17.11%

Maturity Ladder

Fund Maturity Ladderas of Apr 03 2020

Index Maturity Ladderas of Apr 03 2020

Fund Maturity Ladder as of Apr 03 2020

Name	Weight
0 - 1 Year	5.19%
1 - 2 Years	54.62%
2 - 3 Years	40.19%

Index Maturity Ladder as of Apr 03 2020

Name	Weight
1 - 2 Years	55.17%
2 - 3 Years	44.83%

Geographical Breakdown

Fund Documents

ETF Historical Distributions

Tax Documents

IRS Form 8937 – 2020

SPDR ICI Tax Summary (Secondary)

American Job Creation Act QII (2020)

American Job Creation Act QII (2019)

American Job Creation Act QII (2018)

SPDR ICI Tax Summary (Primary)

SPDR-Series-Trust-Equity & Fixed-Income-2019-NRA-Layout

Information & Schedules

Notice to APs - Change in Variable Fees - 03.16.20

Notice to APs- Changes to the US SPDR Website 12.11.19

Notice to APs - March 2020 Bloomberg Barclays Indices – Standard Rebalance with Targeted Suspension

SPDR® ETF Listing

SPDR Dividend Distribution Schedule

SPDR ETFs 2019 Estimated Capital Gains

Notice to APs - Order Cutoff for Level 3 MWCB

Insights & Investment Ideas

Education

Fixed Income ETFs: Fact vs. Fiction

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 Short Term International Treasury 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.

SPDR® Bloomberg Barclays Short Term International Treasury Bond ETF BWZ