State Street Ultra Short Term Bond ETF
ULST
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 1 Iron Street Boston MA United States of America 2210
- IPO Date
- Oct 10, 2013
- CIK
- 0001516212
- Website
- ssga.com
- Similar Companies
- Business
- SPDR SSgA Ultra Short Term Bond ETF (ULST), launched on October 9, 2013 by State Street Global Advisors (SSGA), a division of State Street Investment Management and headquartered in Boston, Massachusetts, seeks to maximize current income consistent with preservation of capital and daily liquidity. The actively managed exchange-traded fund invests, under normal circumstances, at least 80% of its net assets (plus borrowings for investment purposes) in a diversified portfolio of U.S. dollar-denominated investment-grade fixed income securities, including corporate bonds, U.S. Treasuries, asset-backed securities, and other short-duration instruments with maturities primarily ranging from 0 to 3 years; it may also invest in exchange-traded products. As of September 30, 2025, the fund holds 367 securities with an option-adjusted duration of 0.90 years, an option-adjusted spread of 26.9 basis points, and sector allocations led by banking (15.42%), Treasuries (13.49%), and consumer non-cyclical (6.09%), alongside quality breakdowns dominated by Aa (32.80%) and A (30.22%) rated holdings. The ETF benchmarks against the Bloomberg US Treasury Bellwether 3 Month Index and maintains a gross expense ratio of 0.20% with a 30-day SEC yield of 4.04% as of the same date. Recent developments include ongoing monthly distributions, such as $0.1397 per share declared in 2025, alongside steady assets under management growth to approximately $646 million and net inflows of $45 million over the past year, reflecting sustained investor interest in its low-volatility profile amid fluctuating interest rates; no major acquisitions, partnerships, or strategic shifts have been reported in the last 1-2 years. ULST primarily targets institutional and retail investors seeking ultra-short-term bond exposure within the taxable fixed income segment, with operations focused on U.S. markets as a feeder fund into the SSGA Master Trust - SSGA Ultra Short Term Bond Portfolio.