Symbols

ULST

State Street Ultra Short Term Bond ETF·NYSE

--(--)

Key Stats

Assets Under Management

601.08MUSD

Fund Flows (1Y)

64.86MUSD

Dividend Yield

4.46%

Discount/Premium to NAV

-0.02%

Shares Outstanding

14.82M

Expense Ratio

0.20%

About State Street Ultra Short Term Bond ETF

Issuer

State Street Global Advisors

Brand

SPDR

Home Page

https://www.ssga.com/us/en/intermediary/etfs/state-street-ultra-short-term-bond-etf-ulst

Inception Date

Oct 9, 2013

Structure

Open-Ended Fund

Index Tracked

Management Style

Active

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

SSgA Funds Management, Inc.

Distributor

State Street Corp. (Fund Distributor)

ULST attempts to find worthwhile returns while taking little interest rate risk. Its actively managed take relies heavily on fund managers to select securities rather than tracking an index, which gives it a level of freedom with regards to the composition of the portfolio. Also, ULST broadens its pool by holding a wide variety of instruments, both from government and corporate issuers, provided they're investment-grade, USD-denominated, and very short-dated. The fund aims for an effective duration between three and nine months, and a weighted average maturity between six and eighteen months.