Symbols

BWZ

SPDR Bloomberg Short Term International Treasury Bond ETF·ARCA

--(--)

Key Stats

Assets Under Management

357.22MUSD

Fund Flows (1Y)

220.78MUSD

Dividend Yield

2.06%

Discount/Premium to NAV

-0.10%

Shares Outstanding

13.00M

Expense Ratio

0.35%

About SPDR Bloomberg Short Term International Treasury Bond ETF

Issuer

State Street Global Advisors

Brand

SPDR

Home Page

https://www.ssga.com/us/en/intermediary/etfs/spdr-bloomberg-short-term-international-treasury-bond-etf-bwz

Inception Date

Jan 15, 2009

Structure

Open-Ended Fund

Index Tracked

Bloomberg 1-3 Year Global Treasury ex-US Capped Index

Management Style

Passive

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)

BWZ provides global ex-US exposure to fixed-rate local currency sovereign bonds. The fund holds investment grade debts so it may heavily tilt towards Japan and Eurozone countries, but emerging markets are welcome as well. The global Treasurys will have a rating of Baa3/BBB- or higher with maturities between 1-3 years. As such, BWZ will have exposure to both interest-rate and currency risk. The fund is rebalanced monthly and will employ a sampling strategy, which means it will only hold a subset of securities that will mimic the risk and return characteristics of the Underlying Index.