The SPDR SSGA Ultra Short Term Bond ETF seeks to maximize current income consistent with preservation of capital and daily liquidity. Under normal circumstances, at least 80% of the Funds net assets (plus the amount of borrowings for investment purposes) in a diversified portfolio of U.S. dollar-den...
The SPDR SSGA Ultra Short Term Bond ETF seeks to maximize current income consistent with preservation of capital and daily liquidity. Under normal circumstances, at least 80% of the Funds net assets (plus the amount of borrowings for investment purposes) in a diversified portfolio of U.S. dollar-denominated investment-grade fixed income securities. Investment-grade fixed income securities are instruments that are rated at the time of purchase BBB- or higher by Standard & Poors Financial Services LLC and/or Fitch Inc., or Baa3 or higher by Moodys Investors Service, Inc., or, if unrated, determined by the management team to be of equivalent quality.
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