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Bullboard - Stock Discussion Forum
SPDR SSgA Ultra Short Term Bond ETF
ULST
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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