ULSTState Street Ultra Short Term Bond ETF

Get income Stay safe12y track recordRanked #16 of 340 in this goal

Seeks to maximize current income consistent with preservation of capital and daily liquidity.

By State Street Investment Management · Launched 2013

Annual Cost

0.20%

#1,039 of 5,562 · low cost

Fund Size

$552M

#1,494 of 5,562 · large

Dividend YieldGoal

4.22%

Track Record

12 years

#1,123 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,337+3.4%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 49.4% of fundmoderately concentrated

United States Treasury

11.3%

State Street Global Advisors

10.3%

United States Treasury

8.0%

United States Treasury

8.0%

United States Treasury

2.9%

United States Treasury

2.8%

SUMITOMO MITSUI FINL GRP

1.6%

SUMITOMO MITSUI FINL GRP

1.6%

MITSUBISHI UFJ FIN GRP

1.6%

Bank of America Credit Card Trust

1.2%

Asset allocation

Bonds

70.3%

Cash

29.7%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

0.7%Low

Year-on-year price swings

Max drawdown

-6.2%Mild

Worst peak-to-trough loss

Sharpe (3Y)

1.15Strong risk-adjusted returns

Sortino (3Y)

1.75Good downside protection

Bond profile

Duration

4.3 years

Avg maturity

10.0 years

Credit ratings

US Government

35.4%

AAA

5.0%

40.6%

31.4%

BBB

15.5%

3.0%

Below B

5.2%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to maximize current income consistent with preservation of capital and daily liquidity.
Strategy: Invests primarily in U.S. dollar-denominated investment-grade fixed income securities, including corporate obligations, government bonds, and money market instruments. May invest up to 10% in high yield securities. Uses derivatives to manage yield and interest rate exposure.
Inception date: October 9, 2013
Fund family: State Street Investment Management