Skip to main content

SPDR® Portfolio Treasury ETF SPTB

NAV

NAV

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

$30.34
as of Jun 17 2024
Base Currency
USD
Assets Under Management
$24.28 M
as of Jun 17 2024
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.

0.03%

Key Features

  • The SPDR® Portfolio Treasury ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg U.S. Treasury Index (the "Index")
  • A low-cost ETF seeking to provide exposure to US Treasurys with a remaining maturity of 1 year or greater
  • Part of the low-cost core SPDR® Portfolio ETF suite, a family of asset allocation building blocks designed to provide broad, diversified exposure to core asset classes
  • For investors looking to disaggregate the Bloomberg U.S. Aggregate Bond Index (the “Agg”) into its sectors, SPTB may be an effective instrument to gain exposure to core US Treasurys represented in the Agg

About this Benchmark

The Bloomberg U.S. Treasury Index (the “Index”) is designed to measure the performance of publicly issued U.S. Treasury securities which have a remaining maturity of greater than or equal to 1 year, 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, fixed rate and non-convertible.  Securities excluded from the Index include state and local government series bonds, inflation protected public obligations of the U.S. Treasury, commonly known as “TIPS,” floating rate bonds, and coupon issues that have been stripped from bonds included in the Index.

Fund Information as of Jun 19 2024

Benchmark Bloomberg US Treasury Index
Inception Date May 20 2024
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.

0.03%
Base Currency USD
Administrator State Street Global Advisors Funds Management Inc.
Investment Manager SSGA Funds Management, Inc.
Management Team Fixed Income, Currency & Cash Investments Team
Distributor State Street Global Advisors Funds Distributors, LLC
Distribution Frequency Monthly

Listing Information as of Jun 19 2024

Exchange Listing Date Trading Currency Ticker CUSIP ISIN
NYSE ARCA EXCHANGE May 21 2024 USD SPTB 78468R457 US78468R4570

Fund Characteristics as of Jun 18 2024

Number of Holdings 276
Average Coupon

Average Coupon

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

2.83%
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.

7.78
Average Price

Average Price The weighted average of each asset’s market price relative to its face value or par value.

$91.81
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.

4.46%
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.

5.98 years
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.

4.47%

Index Characteristics as of Jun 18 2024

Number of Holdings 288
Average Coupon 2.88%
Average Maturity in Years 7.84
Average Price $92.13
Average Yield To Worst 4.46%
Option Adjusted Duration 6.01 years
Yield to Maturity 4.46%

Fund Market Price as of Jun 17 2024

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.

$30.36
Closing Price

Closing Price

Market Price of last reported trade on the exchange.

$30.35
Day High $30.35
Day Low $30.35
Exchange Volume (Shares)

Exchange Volume (shares)

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

87
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)

0.04%
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.

0.07%

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.

Number of Days Summary

Calendar Year 2023 First Quarter of 2024
Days Traded at Premium

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

- -
Days Traded at Discount

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

- -

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.

Premium/Discount information will be displayed in the Number of Days Summary table following the completion of the current calendar quarter.  

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 Jun 17 2024

Net Cash Amount $198,801.50

Fund Net Asset Value as of Jun 17 2024

NAV

NAV

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

$30.34
Shares Outstanding 800,000.00
Assets Under Management $24.28 M

Top Holdings

Subject to change.

as of Jun 17 2024
as of Jun 18 2024

Fund Top Holdings as of Jun 17 2024

Name Market Value ISIN Weight
US TREASURY N/B 02/34 4 251,222.63 US91282CJZ59 1.03%
US TREASURY N/B 11/33 4.5 248,854.50 US91282CJJ18 1.03%
US TREASURY N/B 08/33 3.875 225,597.75 US91282CHT18 0.93%
US TREASURY N/B 11/32 4.125 206,581.50 US91282CFV81 0.85%
US TREASURY N/B 02/33 3.5 204,605.00 US91282CGM73 0.84%
US TREASURY N/B 05/33 3.375 198,602.25 US91282CHC82 0.82%
US TREASURY N/B 05/32 2.875 196,542.75 US91282CEP23 0.81%
US TREASURY N/B 08/31 1.25 196,364.88 US91282CCS89 0.81%
US TREASURY N/B 08/32 2.75 194,171.50 US91282CFF32 0.80%
US TREASURY N/B 11/31 1.375 190,314.00 US91282CDJ71 0.78%

Index Top Holdings as of Jun 18 2024

Name ISIN Weight
US TREASURY N/B 4 02/15/2034 US91282CJZ59 1.03%
US TREASURY N/B 4.5 11/15/2033 US91282CJJ18 1.00%
US TREASURY N/B 3.875 08/15/2033 US91282CHT18 0.91%
US TREASURY N/B 4.125 11/15/2032 US91282CFV81 0.85%
US TREASURY N/B 3.5 02/15/2033 US91282CGM73 0.82%
US TREASURY N/B 1.25 08/15/2031 US91282CCS89 0.81%
US TREASURY N/B 2.875 05/15/2032 US91282CEP23 0.80%
US TREASURY N/B 3.375 05/15/2033 US91282CHC82 0.80%
US TREASURY N/B 1.375 11/15/2031 US91282CDJ71 0.78%
US TREASURY N/B 2.75 08/15/2032 US91282CFF32 0.77%

Sector Allocation

as of Jun 18 2024
as of Jun 18 2024

Fund Sector Breakdown as of Jun 18 2024

Sector Weight
Treasury 99.87%
Cash 0.13%

Index Sector Breakdown as of Jun 18 2024

Sector Weight
Treasury 100.00%

Quality Breakdown

as of Jun 18 2024
as of Jun 18 2024

Fund Quality Breakdown as of Jun 18 2024

Name Weight
AAA 0.13%
AA1 99.87%

Index Quality Breakdown as of Jun 18 2024

Name Weight
AA1 100.00%

Maturity Ladder

as of Jun 18 2024
as of Jun 18 2024

Fund Maturity Ladder as of Jun 18 2024

Name Weight
0 - 1 Year 0.45%
1 - 2 Years 19.09%
2 - 3 Years 14.03%
3 - 5 Years 23.79%
5 - 7 Years 12.51%
7 - 10 Years 9.86%
10 - 15 Years 0.23%
15 - 20 Years 8.23%
20 - 30 Years 11.80%

Index Maturity Ladder as of Jun 18 2024

Name Weight
1 - 2 Years 19.07%
2 - 3 Years 14.23%
3 - 5 Years 23.82%
5 - 7 Years 12.44%
7 - 10 Years 9.99%
10 - 15 Years 0.47%
15 - 20 Years 8.07%
20 - 30 Years 11.90%

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 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 US 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 Treasury ETF. Bloomberg does not guarantee the timeliness, accurateness, or completeness of any data or information relating to SPDR® Portfolio Treasury ETF.