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 U.S. Aggregate Index (the "Index"). The Bloomberg 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 0.03 %
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 Bloomberg 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 18 October 2021
Asset Under Management 6551.61 Million (USD)
1 Month Total Return -1.00 %
Year To Date Return -1.95 %
1 Year Total Return -1.24 %
3 Year Annualized Total Return 5.37 %
NAV 29.753
Share Outstanding 220,200,000
Top 10 Holdings (15 October 2021)
Constituent Name Constituent Ticker Constituent Type Weighting
Fannie Mae or Freddie Mac 2 12/31/2049 BOND 0.0112544600
US TREASURY N/B 4.625 02/15/2040 BOND 0.0107265700
US TREASURY N/B 1.125 08/31/2028 BOND 0.0089447700
Cash_USD MUTU 0.0084351500
US TREASURY N/B 0.75 08/31/2026 BOND 0.0077860300
US TREASURY N/B 1.625 05/15/2031 BOND 0.0064205000
US TREASURY N/B 0.75 04/30/2026 BOND 0.0060413300
US TREASURY N/B 0.875 06/30/2026 BOND 0.0059728600
Fannie Mae or Freddie Mac 3 12/31/2049 BOND 0.0058844600
Freddie Mac 2 02/01/2051 BOND 0.0056741300