State Street SPDR Bloomberg Short Term International Treasury Bond Etf
IndustryExchange Traded Fund
SectorFinancial Services Etf
ExchangeNYSE
Market Capitalization320.27 mln
Business Description
This fund tracks an index of short-term government bonds issued in local currencies by investment grade countries outside the United States, focusing on bonds with one to three years remaining until maturity. At least 80% of the fund's assets are held in index securities or those with nearly identical financial characteristics. The fund concentrates its holdings rather than spreading them broadly across many investments.