State Street SPDR Portfolio Intermediate Term Treasury ETF

Frequently Asked Questions About SPTI

What does SPTI invest in?

SPDR Series Trust - State Street SPDR Portfolio Intermediate Term Treasury 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 the United States. The fund invests in U.S. dollar denominated, fixed rate, and non-convertible investment grade U.S. Treasury securities that have a remaining maturity of greater than or equal to 3 years and less than 10 years. It seeks to track the performance of the Bloomberg 3-10 Year U.S. Treasury Index, by using representative sampling technique. SPDR Series Trust - State Street SPDR Portfolio Intermediate Term Treasury ETF was formed on May 23, 2007 and is domiciled in the United States.

What is the expense ratio of SPTI?

State Street SPDR Portfolio Intermediate Term Treasury ETF (SPTI) charges an expense ratio of 0.03%. This is the annual fee deducted from fund assets to cover management and operations.

What is SPTI's dividend yield?

SPTI's trailing-twelve-month yield is 3.98%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of SPTI?

Effective duration measures SPTI's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. SPTI's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of SPTI?

SPTI'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 SPTI?

Yield to maturity (YTM) is the total return you'd earn from SPTI if every bond in the portfolio is held to maturity at the current price. SPTI'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.