SPDR SSgA Ultra Short Term Bond ETF (ULST)
About SPDR SSgA Ultra Short Term Bond ETF (ULST)
To achieve objective the fund will invests, under normal circumstances, at least 80 percent of the Fund's net assets plus the amount of borrowings for investment purposes in a portfolio of U.S. dollar-denominated investment-grade fixed income securities. Investment-grade fixed income securities are instruments that are rated at the time of purchase BBB- or higher by S&P Global Ratings and/or Fitch Ratings Inc., or Baa3 or higher by Moody's Investors Service, Inc., or, if unrated, determined by the management team to be of equivalent quality. The Fund invests in fixed and floating rate securities of varying maturities, such as corporate obligations including bonds, commercial paper of U.S. and foreign entities, master notes, and medium term notes; government bonds including U.S. Treasury Bills, notes, and bonds; agency securities; privately-issued securities; asset-backed and mortgage-backed securities; money market instruments including U.S. and foreign bank time deposits, certificates of deposit, and banker acceptances); and other investment companies.
Details
SPDR SSgA Ultra Short Term Bond ETF News
Details
Exchange Traded Funds (ETFs): Investors should carefully consider the information contained in the prospectus, which contains the Fund’s investment objectives, risks, charges, expenses, and other relevant information. You may obtain a prospectus from the Fund company’s website. Please read the prospectus carefully prior to investing.
Shares of ETFs must be bought and sold at market price, which can vary significantly from the Fund’s net asset value (NAV). Investment returns are subject to market volatility and shares may be worth more or less their original value when redeemed. The diversification of an ETF will not protect against loss. An ETF may not achieve its stated investment objective. Rebalancing and other activities within the fund may be subject to tax consequences.
Performance data quoted represents past performance. Past performance does not guarantee future results. Investment returns and principal value of an investment will fluctuate and when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the standardized performance data quoted. Select the Standardized Performance link for the latest quarterly performance.