SPDR Bloomberg Short Term International Treasury Bond ETF
BWZ
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 1 Iron Street Boston MA United States of America 2210
- IPO Date
- Jan 30, 2009
- CIK
- 0001064642
- Website
- us.spdrs.com
- Similar Companies
- Business
- SPDR Bloomberg Short Term International Treasury Bond ETF (BWZ) is an exchange-traded fund that seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg 1-3 Year Global ex-US Treasury Capped Index. The fund invests substantially all of its assets in fixed-rate, local currency sovereign debt issued by investment grade countries outside the United States with remaining maturities of one to three years; it employs a sampling strategy to replicate the index characteristics, holding approximately 300 bonds primarily from governments in Japan, Italy, France, China, Canada, South Korea, Germany, Spain, the United Kingdom, and Australia. Top holdings include Japanese Government Bonds (such as 0.1% issues maturing in 2026-2028), Australian Government bonds (such as 4.75% and 2.75% issues), Belgian Kingdom 5.5% bonds, and French OAT 2.75% bonds, with Japan representing about 22.74% of the portfolio as of mid-2025. Launched on January 15, 2009, and domiciled in the United States, BWZ is issued and managed by State Street Global Advisors (SSGA), a division of State Street Corporation, with a net expense ratio of 0.35% and total net assets of approximately $387 million as of late 2025. The fund targets investors seeking short-term, investment grade international treasury exposure with limited interest-rate sensitivity and mid credit quality, providing geographic diversification across developed and emerging markets outside the U.S. in local currencies. Portfolio managers include Joanna Madden (since 2014), James Kramer (since 2016), and Cynthia Moy (since 2023). Recent institutional interest has grown, with investors such as Creative Planning increasing its stake by 10.9% in Q2 2025 to 107,624 shares valued at $3.02 million, alongside positions added by Leavell Investment Management, Inlight Wealth Management, Martin Capital Partners, and Studio Investment Management. The fund maintains a monthly rebalancing approach and has seen stable operations, with no major name changes, acquisitions, or strategic shifts specific to BWZ reported in 2024-2025; however, SSGA announced enhancements to its broader low-cost SPDR Portfolio ETF lineup and a new partnership with Bridgewater Associates for the SPDR Bridgewater All Weather ETF (ALLW) launch in March 2025, reflecting ongoing product innovation within the SPDR suite. BWZ continues to distribute monthly dividends, with recent payouts supporting a trailing yield of around 2.18%.