# SPDR Bloomberg Short Term International Treasury Bond ETF (BWZ): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/bwz for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: SPDR · Asset class: Fixed Income - Strategy: Passive Index · Inception: 2009-01-15 SPDR Series Trust - SPDR Bloomberg Short Term International Treasury Bond ETF is an exchange traded fund launched by State Street Global Advisors, Inc. The fund is managed by SSGA Funds Management, Inc. It invests in the fixed income markets of global ex-US region. The fund invests in fixed rate investment grade sovereign debt securities denominated in local currencies that have a maturity of one to three years and are rated Baa3 or higher by Moody’s or BBB- or higher by S&P or Fitch. The fund seeks to track the performance of the Bloomberg 1-3 Year Global Treasury ex-US Capped Index, by us... ## Key Facts | Metric | Value | |---|---| | Price | $26.65 | | Expense Ratio | 0.35% | | Assets Under Management | $297.7M | | NAV | $26.58 | | Holdings Count | 329 | | Distribution Yield (TTM) | 2.13% | | Annual Distribution (TTM) | $0.57 /share | | Distribution Frequency | Monthly | | 52-Week Range | $26.49 – $28.26 | | Beta | 0.94 | ## Latest Distribution - Amount: $0.0501 /share - Ex-date: 2026-10-01 - Pay date: 2026-10-06 ## Frequently Asked Questions ### What does BWZ invest in? SPDR Series Trust - SPDR Bloomberg Short Term International Treasury Bond ETF is an exchange traded fund launched by State Street Global Advisors, Inc. The fund is managed by SSGA Funds Management, Inc. It invests in the fixed income markets of global ex-US region. The fund invests in fixed rate investment grade sovereign debt securities denominated in local currencies that have a maturity of one to three years and are rated Baa3 or higher by Moody’s or BBB- or higher by S&P or Fitch. The fund seeks to track the performance of the Bloomberg 1-3 Year Global Treasury ex-US Capped Index, by using representative sampling technique. SPDR Series Trust - SPDR Bloomberg Short Term International Treasury Bond ETF was formed on January 15, 2009 and is domiciled in the United States. ### What is the expense ratio of BWZ? SPDR Bloomberg Short Term International Treasury Bond ETF (BWZ) charges an expense ratio of 0.35%. This is the annual fee deducted from fund assets to cover management and operations. ### What is BWZ's dividend yield? BWZ's trailing-twelve-month yield is 2.13%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of BWZ? Effective duration measures BWZ's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. BWZ's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of BWZ? BWZ's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds. ### What is the yield to maturity of BWZ? Yield to maturity (YTM) is the total return you'd earn from BWZ if every bond in the portfolio is held to maturity at the current price. BWZ's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid. ### Does BWZ pay a dividend? Yes, SPDR Bloomberg Short Term International Treasury Bond ETF (BWZ) distributes dividends to shareholders. The trailing-twelve-month yield is 2.13%. Full dividend history is on this page. ### How often does BWZ pay dividends? SPDR Bloomberg Short Term International Treasury Bond ETF pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is BWZ's next ex-dividend date? The most recently announced ex-dividend date for BWZ was 2026-10-01. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will BWZ's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.35% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does BWZ charge its expense ratio? The expense ratio is deducted in tiny daily slices from BWZ's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does BWZ cost more than a fund like VOO? BWZ is a passive index fund (current expense ratio 0.35%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to BWZ? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as BWZ (0.35%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/bwz - Distribution history: https://www.dividenddata.com/funds/bwz/dividend - Holdings & diversification: https://www.dividenddata.com/funds/bwz/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/bwz/expenses - Peer comparison: https://www.dividenddata.com/funds/bwz/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.