SPDR Bloomberg U.S. High Yield Corporate Scored UCITS ETF

The SPDR Bloomberg U.S. High Yield Corporate Scored UCITS ETF is an exchange-traded fund managed by State Street Global Advisors that tracks the Bloomberg SASB Scored US Corporate High Yield Ex-Controversies Select Index. It provides exposure to fixed-rate, U.S. dollar-denominated high yield corporate bonds, primarily those with maturities of less than five years, issued by companies rated below investment grade (such as Ba1 to Caa2 by Moody's or BB+ to CCC by S&P and Fitch). The fund employs a stratified sampling replication method, holding approximately 617 securities across industrial (86%), financial (11%), and utility sectors, with top holdings including bonds from Carnival Corp, Level 3 Financing, and Vodafone Group. Notably, it integrates ESG criteria by excluding issuers involved in controversies and optimizing for sustainability scores, classifying as Article 8 under SFDR regulations. Domiciled in Ireland and UCITS compliant, the ETF distributes income semi-annually with a total expense ratio of 0.30%, an effective duration of 2.94 years, and a yield to maturity of 7.18%, appealing to investors seeking income from short-duration, high-yield U.S. corporate debt with sustainability focus. Assets under management stand at around $449 million, underscoring its role in fixed income portfolios balancing yield, credit risk, and ESG standards.