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SPDR® Bloomberg 0-3 Year Euro Corporate Bond USD Hdg UCITS ETF (Dist) SEHDX I2
Fund Objective
The objective of the Fund is to track the performance of the short-dated, fixed-rate, investment-grade Euro-denominated corporate bond market.
Index Description
The Bloomberg EUR Corporate 0-3 Year Index (USD Hedged) represents a close estimation of the performance that can be achieved by hedging the currency exposure of its parent index, the Bloomberg EUR Corporate 0-3 Year Index, to USD. The index is 100% hedged to the USD by selling the forwards of all the currencies in the parent index at the one-month Forward rate. The parent index is composed of corporate bonds that have a remaining maturity of greater than 0 month and less than 3 years.
Fund Information as of 06 Apr 2025
ISIN | IE000CLH1Z98 |
iNAV Ticker
*These ticker codes are representative of the primary listing exchange. |
INSEHDX |
Inception Date | 07 Mar 2024 |
Countries of Registration | Austria, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Norway, Spain, Sweden, Switzerland, United Kingdom |
Currency Hedging | Monthly |
Share Class Currency | USD |
Income Treatment | Distribution |
Settlement Cycle | Redemption Settlement Cycle, DD+2; Subscription Settlement Cycle, DD+2 |
Trading Cycle | DD |
TER | 0,25% |
Benchmark | Bloomberg Euro 0-3 Year Corporate Bond Index (USD Hedged) |
Minimum Investment | 1 Share |
Trading Currency | USD |
UCITS Compliant | Yes |
Domicile | Ireland |
Investment Manager | State Street Global Advisors Europe Limited |
Sub-Investment Manager(s) | State Street Global Advisors Limited |
Fund Umbrella | SSGA SPDR ETFs Europe I plc |
Replication Method | Stratified Sampling |
Distribution Frequency | Semi-Annually |
PEA Eligible | No |
ISA Eligible | Yes |
SIPP Eligible | Yes |
UK Reporting Status | Yes |
Securities Lending | Yes |
Listing and Ticker Information as of 06 Apr 2025
Exchange | Trading Currency | Listing Date | Exchange Ticker | SEDOL Code | Bloomberg Code | Reuters Code |
---|---|---|---|---|---|---|
CBOE NL Equities - Regulated Market (Primary) | USD | 08 Mar 2024 | SEHDx | BN71LW5 | SEHDX I2 | SEHDx.DXE |
London Stock Exchange | USD | 11 Mar 2024 | SUEC | BN71LZ8 | SUEC LN | SUEC.L |
INAV
INAV TICKER | CURRENCY | INAV |
---|---|---|
INSUEC | USD | $10,42 |
The Indicative NAV per share should not be viewed as the actual NAV per share. The Indicative NAV per share is provided for reference purposes only and may differ from the actual NAV per share calculated in accordance with the Prospectus.
Fund Characteristics as of 03 Apr 2025
Current Yield | 1,98% |
Effective Convexity | 0,02% |
Effective Duration | 1,47 |
Number of Holdings | 1 554 |
Yield to Maturity | 2,76% |
Average Maturity in Years | 1,54 |
Average Price | €97,97 |
Fund Market Price as of 04 Apr 2025
Bid Price | $10,36 |
Offer Price | $10,42 |
Closing Price | $10,39 |
Bid/Offer Spread | $0,06 |
Day High | - |
Day Low | - |
52 Week High | $10,47 |
52 Week Low | $10,04 |
Fund Net Asset Value as of 04 Apr 2025
NAV | $10,39 |
Share Class Assets | $0,17 M |
Shares in Issue | 15 985 |
Total Fund Assets EUR | €864,91 M |
Reference NAVs are calculated for information purposes only. No warranty is provided as to the accuracy of reference NAVs. Reference NAVs are calculated with WM1600 FX (London time) rate applied in the currency indicated.
Yields as of 04 Apr 2025
Distribution Yield
This measures the 12 month historical dividend pay-out per share divided by the NAV. |
2,47% |
Fund Performance
- Fund Inception Date: 07 Mar 2024
- Index Inception Date: 15 Sep 2023
as of 31 Mar 2025
As Of | 1 Month | 3 Month | YTD | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception 07 Mar 2024 |
|
---|---|---|---|---|---|---|---|---|---|
Fund Net | 31 Mar 2025 | 0,23% | 1,17% | 1,17% | 6,04% | - | - | - | 6,07% |
Difference | 31 Mar 2025 | -0,02% | -0,05% | -0,05% | -0,23% | - | - | - | -0,25% |
Fund Gross | 31 Mar 2025 | 0,25% | 1,23% | 1,23% | 6,31% | - | - | - | 6,34% |
Difference | 31 Mar 2025 | 0,00% | 0,01% | 0,01% | 0,04% | - | - | - | 0,02% |
Index
Bloomberg Euro 0-3 Year Corporate Bond Index (USD Hedged)
|
31 Mar 2025 | 0,25% | 1,22% | 1,22% | 6,27% | - | - | - | 6,32% |
as of 31 Mar 2025
As Of | 1 Month | 3 Month | YTD | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception 07 Mar 2024 |
|
---|---|---|---|---|---|---|---|---|---|
Fund Net | 31 Mar 2025 | 0,23% | 1,17% | 1,17% | 6,04% | - | - | - | 6,48% |
Difference | 31 Mar 2025 | -0,02% | -0,05% | -0,05% | -0,23% | - | - | - | -0,27% |
Fund Gross | 31 Mar 2025 | 0,25% | 1,23% | 1,23% | 6,31% | - | - | - | 6,76% |
Difference | 31 Mar 2025 | 0,00% | 0,01% | 0,01% | 0,04% | - | - | - | 0,02% |
Index
Bloomberg Euro 0-3 Year Corporate Bond Index (USD Hedged)
|
31 Mar 2025 | 0,25% | 1,22% | 1,22% | 6,27% | - | - | - | 6,75% |
as of 31 Mar 2025
2025 (YTD) | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Fund Net | 1,17% | 5,25% | - | - | - | - | - | - | - | - | - |
Difference | -0,05% | -0,21% | - | - | - | - | - | - | - | - | - |
Fund Gross | 1,23% | 5,47% | - | - | - | - | - | - | - | - | - |
Difference | 0,01% | 0,00% | - | - | - | - | - | - | - | - | - |
Index
Bloomberg Euro 0-3 Year Corporate Bond Index (USD Hedged)
|
1,22% | 5,46% | - | - | - | - | - | - | - | - | - |
Performance Gross and Net of All Fees.
Past performance is not an indicator of future performance. The Gross of fees do not reflect and net of fees do reflect commissions and costs incurred on the issue and redemption, or purchases and sale, of units. If the performance is calculated on the basis of Gross/net asset values that are not denominated in the accounting currency of the collective investment scheme, its value may rise or fall as a result of currency fluctuations.
Calendar year inception performance returns will be partial for the year where the inception date for either the Fund in question or the historic performance-linked Fund (whichever is the earliest) falls within that period.
Top Holdings
Fund Top Holdings as of 03 Apr 2025
Security Name | Weight |
---|---|
UBS GROUP AG 7.75 03/01/2029 | 0,28% |
JPMORGAN CHASE & CO 1.638 05/18/2028 | 0,23% |
GOLDMAN SACHS GROUP INC 1.625 07/27/2026 | 0,23% |
ANHEUSER-BUSCH INBEV SA/ 2 03/17/2028 | 0,23% |
VOLKSWAGEN INTL FIN NV 1.875 03/30/2027 | 0,20% |
DEUTSCHE BANK AG 4 06/24/2032 | 0,20% |
HSBC HOLDINGS PLC 3.019 06/15/2027 | 0,20% |
BP CAPITAL MARKETS PLC 3.25 06/29/2049 | 0,20% |
MORGAN STANLEY 1.875 04/27/2027 | 0,20% |
MORGAN STANLEY 0.406 10/29/2027 | 0,20% |
Documents
Regulatory Reports
Characteristics, 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. The holdings are taken from the accounting records of SSGA which may differ from the official books and records of the custodian.
Performance of the fund is not shown as the inception date of the fund is less than 12 months.
Capital Risk: Investing involves risk including the risk of loss of capital.
Past performance is not a reliable indicator of future performance.
First net asset value taken into account corresponds to the first end of month following complete investment of the portfolio in agreement with the policy of management. Historical performance is not necessarily indicative of actual future investment performance.
"Bloomberg®" and all Bloomberg Indices are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited ("BISL"), the administrator of the index (collectively, "Bloomberg") and have been licensed for use for certain purposes by State Street Bank and Trust Company, through its State Street Global Advisors division ("SSGA"). Bloomberg is not affiliated with SSGA, and Bloomberg does not approve, endorse, review, or recommend any SSGA product. Bloomberg does not guarantee the timeliness, accurateness, or completeness of any data or information relating to any SSGA product.