SPAB

Fund Description
The SPDR Portfolio Aggregate Bond ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg Barclays U.S. Aggregate Index (the "Index"). The Bloomberg Barclays U.S. Aggregate Index provides a measure of the performance of the U.S. dollar denominated investment grade bond market, which includes investment grade (must be Baa3/BBB- or higher using the middle rating of Moodys Investor Service, Inc., Standard & Poors, and Fitch Inc.) government bonds, investment grade corporate bonds, mortgage pass through securities, commercial mortgage backed securities and asset backed securities that are publicly for sale in the United States. The securities in the U.S. Aggregate Index must have at least 1 year remaining to maturity and must have $250 million or more of outstanding face value. Asset backed securities must have a minimum deal size of $500 million and a minimum tranche size of $25 million. For commercial mortgage backed securities, the original aggregate transaction must have a minimum deal size of $500 million, and a minimum tranche size of $25 million; the aggregate outstanding transaction sizes must be at least $300 million to remain in the index. In addition, the securities must be U.S. dollar denominated, fixed rate, non convertible, and taxable. Certain types of securities, such as flower bonds, TINs, and state and local government series bonds are excluded from the U.S. Aggregate Index. Also excluded from the U.S. Aggregate Index are structured notes with embedded swaps or other special features, private placements, floating rate securities and Eurobonds. The U.S. Aggregate Index is market capitalization weighted and the securities in the Index are updated on the last business day of each month.
Fund Profile
Fund Name SPDR Portfolio Aggregate Bond ETF
Fund Exchange Ticker SPAB
Fund Sponsor State Street (SPDR)
Fund ISIN US78464A6495
Net Expense Ratio 0.04 %
Fund Inception Date 23 May 2007
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Broad Market
Asset Class Bonds
Index Linked Passive
Index Name Barclays Capital U.S. Aggregate Bond Index
Index Provider Bloomberg
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Bond Type Broad Market
Credit Quality Investment Grade Only
Average Maturity Fund Holds All Maturity Ranges
Bond Currency Denomination USD
Key Statistics
Return As of Date 17 July 2019
Asset Under Management 4135.88 Million (USD)
1 Month Total Return 0.73 %
Year To Date Return 6.04 %
1 Year Total Return 7.41 %
3 Year Annualized Total Return 2.07 %
NAV 29.0645
Share Outstanding 142,300,000
Top 10 Holdings (16 July 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
STATE ST INST US GOV MM-G SSOXX MUTU 0.0321356400
US TREASURY N/B 4.625 02/15/2040 BOND 0.0127309800
US TREASURY N/B 2.625 01/31/2026 BOND 0.0122409200
US TREASURY N/B 2.5 12/31/2020 BOND 0.0080894100
US TREASURY N/B 2 10/31/2022 BOND 0.0076829400
US TREASURY N/B 2.75 05/31/2023 BOND 0.0076283600
US TREASURY N/B 2.875 10/31/2020 BOND 0.0070952900
US TREASURY N/B 3 10/31/2025 BOND 0.0064699100
US TREASURY N/B 2.75 04/30/2023 BOND 0.0058909700
US TREASURY N/B 2.375 03/15/2022 BOND 0.0058270700