State Street SPDR Bloomberg 1-10 Year TIPS ETF

Frequently Asked Questions About TIPX

What does TIPX invest in?

The State Street SPDR Bloomberg 1-10 Year TIPS ETF (TIPX) aims to replicate the price and yield performance of the Bloomberg 1-10 Year U.S Government Inflation-Linked Bond Index, prior to accounting for administrative costs. It primarily invests in Treasury Inflation-Protected Securities (TIPS) with maturities ranging from one to ten years, with a central objective of safeguarding investment purchasing power from inflationary pressures. The fund's holdings are rebalanced on the final calendar day of each month.

What is the expense ratio of TIPX?

State Street SPDR Bloomberg 1-10 Year TIPS ETF (TIPX) charges an expense ratio of 0.15%. This is the annual fee deducted from fund assets to cover management and operations.

What is TIPX's dividend yield?

TIPX's trailing-twelve-month yield is 5.06%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of TIPX?

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

What is the credit quality of TIPX?

TIPX'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 TIPX?

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