Overview
Description
SPDR Bloomberg 1-10 Year U.S. Corporate Bond UCITS ETF is a physically replicating exchange-traded fund that provides exposure to intermediate maturity, fixed-rate, investment-grade corporate bonds denominated in U.S. dollars. Its primary function is to track the performance of the Bloomberg U.S. Intermediate Corporate Bond Index, offering investors a diversified basket of over 2,700 holdings from sectors such as industrials, financials, and utilities. The fund focuses on corporate bonds with maturities ranging from one to ten years, with a weighted average maturity of approximately five years, balancing yield potential and interest rate risk for the investor. Credit quality is predominantly A and BBB-rated, reflecting a blend of stability and moderate yield attributes, and the ETF maintains an unhedged USD currency exposure. Distributions are made semi-annually, and the fund’s strategy targets capital preservation with regular income, making it suitable for those seeking access to the broad U.S. investment-grade corporate bond market with lower duration risk than longer-term bonds. The ETF operates under the UCITS framework and is managed by SPDR, a division of State Street Global Advisors.
About
Address
—
Phone
+353 1 776 3000
Website
—
Instrument type
ETF
Country
United Kingdom
MIC code
XLON