State Street® SPDR® Bloomberg Euro High Yield Bond UCITS ETF (Dist)Index, costs, backtest, listings and taxation

One email when new issuers, new metrics and new articles land. Double opt-in, zero spam, one-click unsubscribe.

Investment objective The objective of the Fund is to track the performance of the Euro-denominated corporate bond market for high yield, fixed rate securities. The Fund seeks to track the performance of the Bloomberg Liquidity Screened Euro High Yield Bond Index (the "Index") as closely as possible. The Fund is an index tracking fund (also known as a passively managed fund). Investment policies The Fund invests primarily in securities included in the Index. These securities include high yield debt securities issued in the Eurobond market and other European markets included in the Index. The maturity of these securities must be between one and up to (but not including) 15 years, have an amount outstanding of more than €250 million and be denominated in Euro. As it may be difficult to purchase all securities in the Index efficiently, in seeking to track the performance of the Index the Fund will use a stratified sampling strategy to build a representative portfolio. Consequently, the Fund will typically hold only a subset of the securities included in the Index. The Fund may use financial derivative instruments (that is, financial contracts whose prices are dependent on one or more underlying assets) in order to manage the portfolio efficiently. Save in exceptional circumstances, the Fund will generally only issue and redeem shares to certain institutional investors. However, shares of the Fund may be purchased or sold through brokers on one or more stock exchanges. The Fund trades on these stock exchanges at market prices which may fluctuate throughout the day. Market prices may be greater or less than the daily net asset value of the Fund. The Fund's maximum exposure to securities lending as a percentage of its Net Asset Value will not exceed 70%. Shareholders may redeem shares on any UK business day (other than days on which relevant financial markets are closed for business and/or the day preceding any such day provided that a list of such closed market days will be published for the Fund on www.ssga.com); and any other day at the Directors' discretion (acting reasonably) provided Shareholders are notified in advance of any such days. Any income earned by the Fund will be paid to shareholders in respect of the shares. The Shares of the EUR Class are issued in Euro. Index Source: The Index is the intellectual property of the Index provider. The Fund is not sponsored or endorsed by the Index provider. The Index provider does not provide any warranty or accept any liability in relation to any error relating to the Index, including any error in respect of the quality, accuracy or completeness of Index data, and does not guarantee that the Index will be in line with the described Index methodology. Please see the Prospectus for the full index disclaimer.

Keep reading the KID section ▾

Intended retail investorThis Fund is intended for investors who plan to stay invested for at least 3 years and are prepared to take on a medium-high level of risk of loss to their original capital in order to get a higher potential return. It is designed to form part of a portfolio of investments. Practical information Depositary The Fund depositary is State Street Custodial Services (Ireland) Limited.

Dividends

• Directazero within the savings plan (buys)
• Directazero on single buys from 2,000 €, agreement until 31 May 2027
• Moneyfarmzero within the savings plan (buys), agreement until 12 January 2028
• Moneyfarmzero on single buys from 1,000 €, agreement until 12 January 2028
• XTBzero (up to €100,000 monthly volume, unreachable for a retail plan); fractions available in plans

• BG Saxozero within the savings plan (buys)