SPDR® Portfolio High Yield Bond ETF/  US78468R6062  /

Fonds
NAV10/31/2024 Chg.-0.0339 Type of yield Investment Focus Investment company
23.7239USD -0.14% paying dividend Bonds ETF Bonds SSGA Europe 

Investment strategy

The SPDR® Portfolio High Yield Bond ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the ICE BofA US High Yield 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 exposure to over a trillion dollars of USD-denominated high yield debt The index includes publicly issued USD high yield bonds with a below investment grade rating, at least 18 months to final maturity at the time of issuance, at least one year to maturity, a fixed coupon, and a minimum amount outstanding of $250M The ICE BofA US High Yield Index is market capitalization weighted and is designed to measure the performance of U.S. dollar denominated below investment grade (commonly referred to as "junk") corporate debt publicly issued in the U.S. domestic market. The Index includes securities rated below investment grade (based on an average of Moody"s Investors Service, Inc., Fitch, Inc., and Standard & Poor"s Financial Services, LLC) with at least 18 months remaining to final maturity at the time of issuance and at least one year remaining term to final maturity as of the Index"s rebalancing date. In addition, individual securities of qualifying issuers must have a fixed coupon schedule and a minimum amount outstanding of $250 million.
 

Investment goal

The SPDR® Portfolio High Yield Bond ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the ICE BofA US High Yield 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 exposure to over a trillion dollars of USD-denominated high yield debt The index includes publicly issued USD high yield bonds with a below investment grade rating, at least 18 months to final maturity at the time of issuance, at least one year to maturity, a fixed coupon, and a minimum amount outstanding of $250M
 

Master data

Type of yield: paying dividend
Funds Category: Bonds
Country: United States of America
Branch: ETF Bonds
Benchmark: ICE BofA US High Yield Index
Business year start: 7/1
Last Distribution: 10/1/2024
Depository bank: State Street Global Advisors
Fund domicile: United States of America
Distribution permission: -
Fund manager: -
Fund volume: -
Launch date: 6/18/2012
Investment focus: -

Conditions

Issue surcharge: 0.00%
Max. Administration Fee: 0.05%
Minimum investment: 1.00 USD
Deposit fees: -
Redemption charge: 0.00%
Key Investor Information: -
 

Investment company

Funds company: SSGA Europe
Address: 78 Sir John Rogersons Quay, D02 HD32, Dublin
Country: Ireland
Internet: www.ssga.com
 

Assets

Bonds
 
100.00%

Countries

United States of America
 
100.00%