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        SPDR® S&P®/ASX Australian Bond Fund BOND

        Overview Performance Holdings Distributions Documents Purchase Information More Insights
        NAV

        NAV

        Market value of an ETF's total assets, minus liabilities divided by the number of units outstanding.
        AUD $24.80
        as of 21 Nov 2024
        Base Currency
        AUD
        1 Day Nav Change
        - AUD $0.02 (-0.09%)
        as of 21 Nov 2024
        Assets Under Management
        AUD $38.67 M
        as of 21 Nov 2024
        Management Costs
        0.24% p.a.

        Quick Links

        Key Features

        • Core Index Exposure - A potential core Australian fixed income exposure for investors.
        • Diversification - A low-cost, diversified portfolio of Australian bonds that can possibly complement an equity portfolio.
        • Access High-Quality - Provides access to investment grade bonds1, a majority of which are AAA rated2.
        • Income Generation - Potential to benefit from regular income stream in the form of coupon payments.

        Fund Objective

        The SPDR® S&P®/ASX Australian Bond Fund seeks to closely track, before fees and expenses, the returns of the S&P/ASX Australian Fixed Interest Index.

        About this Benchmark

        The S&P/ASX Australian Fixed Interest Index is designed to measure the performance of the Australian bond market. The index is a broad, market value-weighted, investment grade, fixed rate, Australian dollar denominated bond index that includes government, corporate and supranational bonds issued in the local market with maturities greater than one year.

        Fund Information as of 21 Nov 2024

        Ticker Symbol BOND
        Benchmark S&P/ASX Australian Fixed Interest Index
        ASX iNav Code -
        Inception Date 26 Jul 2012
        Management Costs 0.24% p.a.
        Base Currency AUD
        Countries of Registration Australia, Japan
        Domicile Australia
        Regulatory Structure Registered Managed Investment Scheme
        Replication Method Stratified Sampling
        Investment Manager State Street Global Advisors, Australia, Limited ABN 42 003 914 225
        Responsible Entity State Street Global Advisors, Australia Services Limited ABN 16 108 671 441
        Distribution Frequency Quarterly

        Research Ratings

        Ratings Information
        Morningstar Medalist Rating™ Bronze
        Assigned on 30/09/24
        Analyst-Driven % 20
        Data Coverage % 100
        Lonsec Investment Grade Index (Dec 2023)
        Zenith Index Approved (Jun 2024)
        Morningstar Bronze Shield 400x200
        Lonsec Investment Grade Index 400x200
        Zenith Approved Index 400x200

        To request a copy of the Research House Ratings Reports for our funds, please click here.

        Listing Information as of 21 Nov 2024

        Primary Exchange ASX Quotation Date Trading Currency ASX Stock Code Bloomberg Ticker ISIN
        Australian Securities Exchange 27 Jul 2012 AUD BOND BOND AU AU00000BOND4

        Fund Characteristics as of 20 Nov 2024

        Average Maturity in Years

        Average Maturity

        The market value-weighted average maturity of the bonds in a portfolio, where maturity is defined as Stated Final for bullet maturity bond and the average time to receipt of all principal payments for amortising instruments, including mortgage pass-throughs, CMOs, amortising asset-backed securities and ARMs.

                 		6.56
        Convexity

        Convexity

        A curvature measure of the sensitivity of a bond's duration to changes in interest rates.

                 		0.49%
        Current Yield

        Average Current Yield

        The market value weighted average current coupon of the bonds in the portfolio divided by current market price of the bonds in the portfolio.

                 		3.16%
        Modified Adjusted Duration

        Modified Adjusted Duration

        An option-adjusted measure of a portfolio's sensitivity to changes in interest rates. Calculated as the percentage change of a portfolio's value for a 100 basis point change in yield.

                 		5.53 years
        Number of Holdings 168
        Yield to Maturity

        Average Yield To Maturity

        The market weighted average rate of return anticipated on the bonds held in a portfolio if they were to be held to their maturity date.

                 		4.65%

        Index Characteristics as of 20 Nov 2024

        Average Maturity in Years

        Average Maturity

        The market value-weighted average maturity of the bonds in a portfolio, where maturity is defined as Stated Final for bullet maturity bond and the average time to receipt of all principal payments for amortising instruments, including mortgage pass-throughs, CMOs, amortising asset-backed securities and ARMs.

                 		6.61
        Convexity

        Convexity

        A curvature measure of the sensitivity of a bond's duration to changes in interest rates.

                 		0.50%
        Current Yield

        Average Current Yield

        The market value weighted average current coupon of the bonds in the portfolio divided by current market price of the bonds in the portfolio.

                 		3.28%
        Modified Adjusted Duration

        Modified Adjusted Duration

        An option-adjusted measure of a portfolio's sensitivity to changes in interest rates. Calculated as the percentage change of a portfolio's value for a 100 basis point change in yield.

                 		5.56 years
        Number of Holdings 691
        Yield to Maturity

        Average Yield To Maturity

        The market weighted average rate of return anticipated on the bonds held in a portfolio if they were to be held to their maturity date.

                 		4.65%

        Fund Net Asset Value as of 21 Nov 2024

        NAV

        NAV

        Market value of an ETF's total assets, minus liabilities divided by the number of units outstanding.

                 		AUD $24.80
        Assets Under Management AUD $38.67 M
        Units on Issue 1,559,238
        Most Recent NAV / NAV History

        Fund Performance

        • Fund Inception Date: 26 Jul 2012

        as of 31 Oct 2024

        As Of 1 Month 3 Month YTD 1 Year 3 Year (p.a.) 5 Year (p.a.) 7 Year (p.a.) 10 Year (p.a.) Since Inception (p.a.)
        26 Jul 2012
        Fund Distribution Return 31 Oct 2024 0.00% 0.45% 0.68% 0.73% 0.61% 1.11% 1.45% 2.11% 2.25%
        Fund Growth Return 31 Oct 2024 -2.23% -1.13% 0.11% 6.56% -1.85% -2.35% -0.50% -0.31% -0.06%
        Fund Total Return 31 Oct 2024 -2.23% -0.68% 0.79% 7.29% -1.24% -1.24% 0.95% 1.80% 2.19%
        Benchmark
        S&P/ASX Australian Fixed Interest Index
        		31 Oct 2024 -2.22% -0.62% 0.97% 7.55% -1.02% -0.98% 1.20% 2.07% 2.46%

        Past Performance is not a reliable indicator of future performance. Performance returns for periods of less than one year are not annualised and have been calculated based on changes in the net asset value of the Fund rather than the last quoted price. The Total Return is the sum of the Growth (or Price) Return and Distribution Return and is shown net of management fees and costs but does not reflect the brokerage fees or the bid/ask spread that investors pay to buy and sell ETF securities on the Australian Securities Exchange. Distributions are assumed to be reinvested under the Dividend Reinvestment Program (DRP). Investment returns and principal value will fluctuate, so you may have a gain or loss when units are sold. Current performance may be higher or lower than that quoted. The index returns are unmanaged and do not reflect the deduction of any fees or expenses. The index returns reflect all items of income, gain and loss and the reinvestment of dividends and other income.

        All SPDR ETFs, aside from the SPDR® S&P 500® ETF Trust and the SPDR® S&P®/ASX 200 Listed Property Fund are managed on an accumulation basis, with income reinvested into investable securities. This means that subsequent application and redemption activity could distort the nature and size of distributions. The proportion of total return attributable to income versus capital growth may differ from the relevant index.

        Fund History as of 31 Oct 2024

        Growth of $10,000: SPDR® S&P®/ASX Australian Bond Fund

        Fund Inception Date: 26 Jul 2012

        Currency: AUD

        Top Holdings

        Subject to change.

        as of 20 Nov 2024
        as of 20 Nov 2024

        Fund Top 10 Holdings as of 20 Nov 2024

        Name Weight
        AUSTRALIAN GOVERNMENT 1 11/21/2031 2.06%
        AUSTRALIAN GOVERNMENT 4.5 04/21/2033 2.06%
        AUSTRALIAN GOVERNMENT 0.5 09/21/2026 1.99%
        AUSTRALIAN GOVERNMENT 1.25 05/21/2032 1.94%
        AUSTRALIAN GOVERNMENT 4.75 04/21/2027 1.94%
        AUSTRALIAN GOVERNMENT 3.25 04/21/2029 1.93%
        AUSTRALIAN GOVERNMENT 3.75 05/21/2034 1.89%
        AUSTRALIAN GOVERNMENT 2.5 05/21/2030 1.85%
        AUSTRALIAN GOVERNMENT 3 11/21/2033 1.84%
        AUSTRALIAN GOVERNMENT 1.75 11/21/2032 1.80%
        Download All Holdings: Daily

        Index Top 10 Holdings as of 20 Nov 2024

        Name Weight
        AUSTRALIAN GOVERNMENT 4.5 04/21/2033 2.07%
        AUSTRALIAN GOVERNMENT .5 09/21/2026 2.03%
        AUSTRALIAN GOVERNMENT 1 11/21/2031 2.02%
        AUSTRALIAN GOVERNMENT 4.75 04/21/2027 1.99%
        AUSTRALIAN GOVERNMENT 1.25 05/21/2032 1.95%
        AUSTRALIAN GOVERNMENT 3.25 04/21/2029 1.87%
        AUSTRALIAN GOVERNMENT 3.75 05/21/2034 1.85%
        AUSTRALIAN GOVERNMENT 3 11/21/2033 1.83%
        AUSTRALIAN GOVERNMENT 2.5 05/21/2030 1.81%
        AUSTRALIAN GOVERNMENT 1.75 11/21/2032 1.79%

        Sector Allocation

        as of 20 Nov 2024
        as of 20 Nov 2024

        Fund Sector Breakdown as of 20 Nov 2024

        Sector Weights
        Commonwealth Government 41.45%
        Semi Government 38.52%
        Government Related 5.24%
        Corp-Finance 4.92%
        Supranational 4.82%
        Corp-Industries 2.55%
        Other 1.46%
        Corp-Util 1.03%

        Holdings and sectors shown are as of the date indicated and are subject to change. This information should not be considered a recommendation to invest in a particular sector or to buy or sell any security shown. It is not known whether the sectors or securities shown will be profitable in the future.

        Index Sector Breakdown as of 20 Nov 2024

        Sector Weights
        Commonwealth Government 41.54%
        Semi Government 39.00%
        Government Related 5.41%
        Supranational 5.21%
        Corp-Finance 4.62%
        Corp-Industries 2.75%
        Corp-Util 1.01%
        Other 0.47%

        Quality Breakdown

        Quality Breakdown

        Bloomberg uses the middle rating of Moody’s, S&P and Fitch to determine a security’s credit classification. If only two agencies rate a security, the more conservative (lower) rating is used. If only one rates a security, that single rating is used. Bloomberg breakdowns are grouped into larger categories.  For example, AAA+ and AAA are listed as Aaa; AA1, AA2, and AA3 are listed as Aa, etc.

        as of 20 Nov 2024
        as of 20 Nov 2024

        Fund Quality Breakdown as of 20 Nov 2024

        Name Weight
        AAA 65.69%
        AA1 10.83%
        AA2 12.71%
        AA3 4.62%
        A1 0.25%
        A2 1.40%
        A3 1.44%
        BAA1 1.32%
        BAA2 0.82%
        BAA3 0.91%

        Index Quality Breakdown as of 20 Nov 2024

        Name Weight
        AAA 64.64%
        AA1 11.99%
        AA2 13.06%
        AA3 4.49%
        A1 0.80%
        A2 0.62%
        A3 1.57%
        BAA1 1.44%
        BAA2 1.24%
        BAA3 0.14%

        Maturity Ladder

        as of 20 Nov 2024
        as of 20 Nov 2024

        Fund Maturity Ladder as of 20 Nov 2024

        Name Weight
        0 - 1 Year 1.47%
        1 - 2 Years 11.57%
        2 - 3 Years 10.35%
        3 - 5 Years 19.76%
        5 - 7 Years 16.97%
        7 - 10 Years 22.97%
        10 - 15 Years 12.77%
        15 - 20 Years 1.48%
        20 - 30 Years 2.64%

        Index Maturity Ladder as of 20 Nov 2024

        Name Weight
        0 - 1 Year 2.29%
        1 - 2 Years 10.70%
        2 - 3 Years 10.62%
        3 - 5 Years 21.59%
        5 - 7 Years 16.12%
        7 - 10 Years 22.18%
        10 - 15 Years 12.13%
        15 - 20 Years 1.78%
        20 - 30 Years 2.58%

        Distribution History as of 30 Sep 2024

        Ex- Date Record Date Payment Date Dollars Per Unit Distribution

        The amount distributed per unit.

                 		Franking Credits

        Franking credits per unit.

                 		Foreign Tax Credits

        Foreign tax credits per unit.

                 		DRP Price

        DRP stands for “Distribution Reinvestment Plan”. This is the price applied when calculating the number of units to be issued to an investor who has elected or defaulted to re-invest their distribution back into the fund as additional units and is the net asset value per unit calculated as at the next business day after the distribution record date.
        27 Sep 2024 30 Sep 2024 14 Oct 2024 0.115929 0.000000 0.000000 25.3617
        27 Jun 2024 28 Jun 2024 12 Jul 2024 0.055498 0.000000 0.000000 24.6075
        27 Mar 2024 28 Mar 2024 12 Apr 2024 0.000000 0.000000 0.000000 -
        28 Dec 2023 29 Dec 2023 11 Jan 2024 0.000000 0.000000 0.000000 -
        28 Sep 2023 29 Sep 2023 13 Oct 2023 0.040971 0.000000 0.000000 23.8109
        29 Jun 2023 30 Jun 2023 12 Jul 2023 0.000000 0.000000 0.000000 0
        30 Mar 2023 31 Mar 2023 14 Apr 2023 0.000000 0.000000 0.000000 -
        29 Dec 2022 30 Dec 2022 12 Jan 2023 0.029257 0.000000 0.000000 23.6664
        29 Sep 2022 30 Sep 2022 14 Oct 2022 0.096055 0.000000 0.000000 23.5577
        29 Jun 2022 30 Jun 2022 12 Jun 2022 0.000000 0.000000 0.000000 0
        30 Mar 2022 31 Mar 2022 12 Apr 2022 0.046808 0.000000 0.000000 25.0003
        30 Dec 2021 31 Dec 2021 13 Jan 2022 0.077663 0.000000 0.000000 26.7173
        29 Sep 2021 30 Sep 2021 12 Oct 2021 0.109346 0.000000 0.000000 27.3114
        29 Jun 2021 30 Jun 2021 12 Jul 2021 0.124066 0.000000 0.000000 27.3773
        30 Mar 2021 31 Mar 2021 14 Apr 2021 0.190603 0.000000 0.000000 27.0788
        30 Dec 2020 31 Dec 2020 13 Jan 2021 0.144039 0.000000 0.000000 28.2589
        29 Sep 2020 30 Sep 2020 12 Oct 2020 0.125667 0.000000 0.000000 28.3863
        29 Jun 2020 30 Jun 2020 10 Jul 2020 0.183225 0.000000 0.000000 28.2326
        30 Mar 2020 31 Mar 2020 14 Apr 2020 0.073457 0.000000 0.000000 28.5127
        30 Dec 2019 31 Dec 2019 13 Jan 2020 0.107202 0.000000 0.000000 27.6049
        27 Sep 2019 30 Sep 2019 11 Oct 2019 0.107912 0.000000 0.000000 28.1861
        27 Jun 2019 28 Jun 2019 11 Jul 2019 0.082087 0.000000 0.000000 27.5607
        28 Mar 2019 29 Mar 2019 12 Apr 2019 0.191400 0.000000 0.000000 26.7882
        28 Dec 2018 31 Dec 2018 11 Jan 2019 0.150967 0.000000 0.000000 26.1299
        27 Sep 2018 28 Sep 2018 11 Oct 2018 0.151327 0.000000 0.000000 25.6422
        28 Jun 2018 29 Jun 2018 11 Jul 2018 0.140629 0.000000 0.000000 25.7243
        28 Mar 2018 29 Mar 2018 12 Apr 2018 0.242112 0.000000 0.000000 25.609
        28 Dec 2017 29 Dec 2017 11 Jan 2018 0.110454 0.000000 0.000000 25.6292
        28 Sep 2017 29 Sep 2017 11 Oct 2017 0.163265 0.000000 0.000000 25.4112
        29 Jun 2017 30 Jun 2017 11 Jul 2017 0.192981 0.000000 0.000000 25.6139
        30 Mar 2017 31 Mar 2017 11 Apr 2017 0.217564 0.000000 0.000000 25.5945
        29 Dec 2016 30 Dec 2016 11 Jan 2017 0.226277 0.000000 0.000000 25.492
        29 Sep 2016 30 Sep 2016 11 Oct 2016 0.218443 0.000000 0.000000 26.4266
        29 Jun 2016 30 Jun 2016 11 Jul 2016 0.278654 0.000000 0.000000 26.5822
        30 Mar 2016 31 Mar 2016 11 Apr 2016 0.203630 0.000000 0.000000 26.0042
        29 Dec 2015 31 Dec 2015 11 Jan 2016 0.199639 0.000000 0.000000 25.7914
        28 Sep 2015 30 Sep 2015 09 Oct 2015 0.267337 0.000000 0.000000 25.9889
        26 Jun 2015 30 Jun 2015 09 Jul 2015 0.284103 0.000000 0.000000 25.6873
        27 Mar 2015 31 Mar 2015 10 Apr 2015 0.328676 0.000000 0.000000 26.5457
        29 Dec 2014 31 Dec 2014 09 Jan 2015 0.246030 0.000000 0.000000 26.0854
        26 Sep 2014 30 Sep 2014 09 Oct 2014 0.185177 0.000000 0.000000 25.3268
        26 Jun 2014 30 Jun 2014 09 Jul 2014 0.180999 0.000000 0.000000 25.2373
        25 Mar 2014 31 Mar 2014 08 Apr 2014 0.151023 0.000000 0.000000 24.6265

        The tables above show historical distributions from the funds. Historical distributions are no indication of future distributable income.

        The distribution components are as calculated and reported to the Australian Securities Exchange ("ASX") at the time of each distribution. The year end components reported to investors in their annual tax statements, once all year end information is finalised, may be different.

        The ability of the Funds to pay distributions depends on, among other things, the dividends and distributions declared and paid by the companies whose securities are held by the Funds. There can be no assurance that such securities will pay dividends or other earnings. For further information on distributions, including tax implications, please refer to the relevant fund PDS. However, the information contained therein is not tax advice and investors should obtain their own professional tax and or financial advice.

        Purchase Information

        SPDR ETFs are flexible and easy to trade. Investors buy and sell them like shares, typically through a stock broker. Investors can also employ traditional share trading techniques, including stop orders, limit orders and margin purchases (if available).

        To purchase a SPDR fund, please consult your stock broker or financial adviser.

        1Investment grade bonds are defined as bonds that are rated BBB-/Baa3 or higher. The term “investment grade” suggests a certain level of quality of a bond. However, no guarantee of investment performance can be derived from this rating.

        264% of the portfolio by market value were AAA rated as of 30 June 2023.

        Bonds generally present less short-term risk and volatility than stocks, but contain interest rate risk (as interest rates rise, bond prices usually fall); issuer default risk; issuer credit risk; liquidity risk; and inflation risk. These effects are usually pronounced for longer-term securities. Any fixed income security sold or redeemed prior to maturity may be subject to a substantial gain or loss.

        Issued by State Street Global Advisors, Australia Services Limited (AFSL Number 274900, ABN 16 108 671 441) ("SSGA, ASL").  Registered office: Level 14, 420 George Street, Sydney, NSW 2000, Australia · Telephone: 612 9240-7600 · Web: www.ssga.com. 

         

        SSGA, ASL is the Responsible Entity and the issuer for the State Street Managed Funds, which are unquoted, and the SPDR® ETFs which are quoted on the AQUA market of the ASX or listed on the ASX. SSGA ASL is the AQUA Product Issuer for the CHESS Depositary Interests (or "CDIs") created over interests in the SPDR® S&P 500® ETF Trust (“SPY”) which were first quoted on the AQUA market of the ASX on 13 Oct 2014. State Street Global Advisors Trust Company (ARBN 619 273 817) is the trustee of, and the issuer of interests in, the SPDR® S&P 500® ETF Trust, an ETF registered with the United States Securities and Exchange Commission under the Investment Company Act of 1940 and principally listed and traded on NYSE Arca, Inc. under the symbol "SPY".

         

        This material is general information only and does not take into account your individual objectives, financial situation or needs and you should consider whether it is appropriate for you. You should seek professional advice and consider the product disclosure statement, available at ssga.com, before deciding whether to acquire or continue to hold the Funds. Target Market Determinations can also be found at ssga.com.  This material should not be considered a solicitation to buy or sell a financial product or security. 

         

        Investing involves risk including the risk of loss of principal. Diversification does not ensure a profit or guarantee against loss.

         

        Risk associated with equity investing includes stock values which may fluctuate in response to the activities of individual companies and general market and economic conditions.

         

        ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETF’s net asset value. ETFs typically invest by sampling an index, holding a range of securities that, in the aggregate, approximates the full index in terms of key risk factors and other characteristics. This may cause the fund to experience tracking errors relative to performance of the index.  

         

        SPDR®, Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC, Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC, ASX® is a registered trademark of the ASX Operations Pty Ltd], these trademarks have been licensed for use by S&P Dow Jones Indices LLC and licensed for use for certain purposes by State Street. MSCI indexes are the exclusive property of MSCI Inc.(“MSCI”). MSCI and the MSCI index names are service mark(s) of MSCI or its affiliates and have been licensed for use for certain purposes by State Street.  The products referenced herein are not sponsored, endorsed, sold or promoted by any of these third party entities and none of these entities bear any liability with respect to the products or make any representation, warranty or condition regarding the advisability of buying, selling or holding any products issued by SSGA, ASL.

         

        There is no representation or warranty as to the current accuracy of, nor liability for, decisions based on such information.

         

        The whole or any part of this work may not be reproduced, copied or transmitted or any of its contents disclosed to third parties without SSGA ASL’s express written consent.

        © [[]] %%State Street Corporation%%. All rights reserved.