ETF sheet · Issuer-declared data

State Street® SPDR® Bloomberg U.S. Treasury Bond EUR Hdg UCITS ETF (Acc)Index, costs, listings and taxation

ISIN: IE000PCF9772Ticker: TREY (Borsa Italiana)Issuer: SPDR

Issuer-declared data

Declared index

Bloomberg U.S. Treasury Bond Index (EUR Hedged)

TER

0.07%

Replication

Stratified Sampling

Income policy

Accumulation

Fund assets

315.6 mln USD

NAV

9.85 EUR (29 July 2026)

Domicile

Inception date

15 March 2026

Listed on

Borsa Italiana

Data as declared by SPDR in the issuer’s official files and endpoints · collected on 31 July 2026 (monthly refresh). Facts only, no recommendation.

Italian taxation

Effective rate on capital gains

12.63%

White-list share

99.01%

From the government-bond («white list») share certified by the issuer every semester: 12.5% on that portion, 26% on the rest.

Deep-dive into this fund’s taxation →

Where it shows up commission-free in Italy

According to the official lists published by the brokers (downloaded and cross-checked by us), these share classes of the fund appear tradable with zero fees:

IE00B44CND37TRSY

Moneyfarmzero on single buys from 1,000 €, agreement until 12 January 2028

Full terms, traps and method in the observatory: Free savings plans and zero-commission ETFs: the broker survey

Official lists verified on 1 August 2026. We record published terms — this is neither an invitation to open accounts nor a recommendation: lists change, the broker’s documents prevail. Trade Republic, Scalable Capital and Trading 212 publish no per-ISIN lists and don’t appear here.

Frequently asked questions

Which index does State Street® SPDR® Bloomberg U.S. Treasury Bond EUR Hdg UCITS ETF (Acc) track?

The issuer SPDR declares the benchmark: Bloomberg U.S. Treasury Bond Index (EUR Hedged).

How much does TREY cost?

The issuer-declared TER is 0.07% per year. On sale, the capital gain is taxed at an effective 12.63% rate in Italy (white-list share 99.01%).

Transparency note

The data in this sheet is declared by SPDR in the issuer’s official files and endpoints, collected by Rebalix with a monthly refresh; taxation derives from the issuer’s tax documents (Italian Law Decree 138/2011). This is factual information for informational purposes only: it is not financial or tax advice, nor an investment recommendation. Read the fund’s KID and prospectus before investing.