SPDR Bloomberg Barclays 15+ Year Gilt

ETF description

This ETF is designed to give investors access to long‑term UK government bonds, also known as gilts. It focuses specifically on bonds that have a maturity of 15 years or more, meaning the government will repay the debt after at least 15 years. By investing in these longer‑duration bonds, the ETF aims to provide a stable, regular income through the interest payments made by the UK government.

This ETF may appeal to investors who are seeking income with lower risk compared to stocks, as government bonds are generally seen as more secure investments. The long‑term nature of the bonds can be attractive for those looking to hold an investment over an extended period while earning a fixed income.

Issuer details

SPDR ETFs (Standard & Poor’s Depositary Receipts), managed by State Street Global Advisors, are among the largest and most recognized ETFs in the world, with over $1 trillion in assets under management as of June 2024. SPDR offers a broad range of ETFs covering various market segments, including equities, fixed income, sector‑specific funds, commodities, and ESG (Environmental, Social, Governance) investments. Launched in 1993 with the SPDR S&P 500 ETF (SPY), the first ever ETF, SPDR ETFs are known for their strong emphasis on liquidity, transparency, and robust research and analysis. Notable ETFs in their lineup include the SPDR S&P 500 ETF (SPY), SPDR Gold Shares (GLD), and SPDR Bloomberg Barclays High Yield Bond ETF (JNK), reflecting SPDR’s commitment to providing diverse and high‑quality investment options to meet the needs of various investors.

Index details

The Bloomberg Barclays 15+ Year Gilt index offers investors targeted exposure to long‑term UK government bonds, encompassing a range of gilts with maturities of 15 years or more. By focusing on longer‑duration debt, the index provides opportunities for investors to benefit from the stability, credit quality, and income potential of UK sovereign bonds.