State Street SPDR Portfolio Long Term Treasury ETF

Frequently Asked Questions About SPTL

What does SPTL invest in?

The SPDR Portfolio Long Term Treasury ETF (SPTL) aims to replicate the price and yield performance of the Bloomberg Long U.S. Treasury Index, prior to accounting for fees and operating expenses. This fund is a member of the economical State Street SPDR Portfolio ETF lineup, a collection of foundational investment vehicles crafted to deliver broad and diversified access to key asset categories. It provides investors with targeted and broad exposure to U.S. Treasury securities that possess a remaining maturity of ten years or more. Given its extended duration, this ETF is typically more responsive to shifts in interest rates compared to investments with shorter maturities. Its portfolio is structured using market capitalization weighting and undergoes rebalancing on the last business day of each month.

What is the expense ratio of SPTL?

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

What is SPTL's dividend yield?

SPTL's trailing-twelve-month yield is 4.36%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of SPTL?

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

What is the credit quality of SPTL?

SPTL'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 SPTL?

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