State Street SPDR Portfolio Ultra Short T-Bill ETF (SPTU)

Overview

The State Street SPDR Portfolio Ultra Short T-Bill ETF is designed to deliver investment outcomes that align, prior to any fees and expenses, with the price and yield performance of the ICE BofA US Treasury Bill Index. This ETF operates at a low cost, providing valuable exposure to U.S. Treasury Bills that are publicly issued in the domestic market. The qualifying Treasury Bills have a remaining maturity ranging from one month to under twelve months. This ETF is an integral part of the broader suite of low-cost State Street SPDR Portfolio ETFs, which are designed to serve as foundational building blocks for asset allocation, offering diversified exposure across core asset classes.

Products and Services

• State Street SPDR Portfolio Ultra Short T-Bill ETF:

  This ETF aims to track the performance of the ICE BofA US Treasury Bill Index. It is strategically structured to keep investment costs low, making it an attractive option for investors seeking a stable and conservative investment in Treasury Bills.

• ICE BofA US Treasury Bill Index:

  This index serves as a benchmark for performance measurement, encapsulating the price and yield characteristics of U.S. Treasury Bills. It includes only those bills that are publicly issued with maturities from one month up to twelve months, ensuring the ETF mirrors a specific segment of the Treasury market.

• Core Asset Allocation Building Blocks:

  The State Street SPDR Portfolio ETFs are structured as low-cost building blocks for investors' core asset allocation strategies. They provide broad and diversified exposure to different asset classes, promoting a more balanced investment approach that can appeal to a variety of investors.