# State Street SPDR UC Investments 90/10 Endowment Strategy Index ETF (UCBG): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/ucbg for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: SPDR · Asset class: Multi-Asset - Strategy: Passive Index · Inception: 2026-09-01 SPDR Series Trust - State Street SPDR UC Investments 90/10 Endowment Strategy Index ETF is an exchange traded fund launched and managed by SSGA Funds Management, Inc. It invests in public equity and fixed income markets of the United States. For its equity portion, it invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of large-cap companies. For its fixed income portion, the fund invests in U.S. dollar-denominated investment grade corporate bonds that are rated Baa3/BBB- or higher using the middle rating of Moody's Investors Serv... ## Key Facts | Metric | Value | |---|---| | Price | $50.46 | | Expense Ratio | 0.06% | | Assets Under Management | $2.49B | | NAV | $49.98 | | Holdings Count | 503 | | Distribution Yield (TTM) | 0.09% | | Annual Distribution (TTM) | $0.04 /share | | Distribution Frequency | Irregular | | 52-Week Range | $49.55 – $52.05 | | Beta | 0.00 | ## Latest Distribution - Amount: $0.0440 /share - Ex-date: 2026-09-21 - Pay date: 2026-09-23 ## Frequently Asked Questions ### What does UCBG invest in? SPDR Series Trust - State Street SPDR UC Investments 90/10 Endowment Strategy Index ETF is an exchange traded fund launched and managed by SSGA Funds Management, Inc. It invests in public equity and fixed income markets of the United States. For its equity portion, it invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of large-cap companies. For its fixed income portion, the fund invests in U.S. dollar-denominated investment grade corporate bonds that are rated Baa3/BBB- or higher using the middle rating of Moody's Investors Service, Inc., Fitch Ratings Inc., or S&P Global Ratings. The fund invests in securities that have a maturity of greater than or equal to 1 year and less than 3 years. It seeks to track the performance of the UC Investments 90/10 Endowment Strategy Index, by using representative sampling technique. SPDR Series Trust - State Street SPDR UC Investments 90/10 Endowment Strategy Index ETF is domiciled in the United States. ### What is the expense ratio of UCBG? State Street SPDR UC Investments 90/10 Endowment Strategy Index ETF (UCBG) charges an expense ratio of 0.06%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is UCBG? State Street SPDR UC Investments 90/10 Endowment Strategy Index ETF (UCBG) manages $2.49B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is UCBG actively managed or an index fund? UCBG is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (UCBG's is 0.06%) because there's no security selection cost. ### When was UCBG launched? State Street SPDR UC Investments 90/10 Endowment Strategy Index ETF (UCBG) launched in September 2026 and is managed by SPDR. ### How has UCBG performed? UCBG's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does UCBG pay a dividend? State Street SPDR UC Investments 90/10 Endowment Strategy Index ETF (UCBG) currently distributes little or no income. Trailing-twelve-month yield is 0.09%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does UCBG pay dividends? State Street SPDR UC Investments 90/10 Endowment Strategy Index ETF pays dividends Irregular. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is UCBG's dividend yield? UCBG's trailing-twelve-month yield is 0.09%, calculated from the sum of dividends over the past year divided by the current price. ### When is UCBG's next ex-dividend date? The most recently announced ex-dividend date for UCBG was 2026-09-21. The next ex-date typically follows Irregular; once announced it appears at the top of the dividend history table on this page. ### How much will UCBG's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.06% 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 UCBG charge its expense ratio? The expense ratio is deducted in tiny daily slices from UCBG'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 UCBG cost more than a fund like VOO? UCBG is a passive index fund (current expense ratio 0.06%). 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 UCBG? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as UCBG (0.06%) 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/ucbg - Distribution history: https://www.dividenddata.com/funds/ucbg/dividend - Holdings & diversification: https://www.dividenddata.com/funds/ucbg/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/ucbg/expenses - Peer comparison: https://www.dividenddata.com/funds/ucbg/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.