SPDR BARCLAYS 7-10 YEAR U.S. TREASURY BOND UCITS ETF (TRAX) TRAX.IT

The State Street SPDR Bloomberg 7-10 Year U.S. Treasury Bond UCITS ETF is a passive, index-tracking fund whose objective is to replicate as closely as possible the performance of the U.S. Treasury bond market for those securities maturing in 7 to less than 10 years.

It tracks the Bloomberg U.S. 7-10 Year Treasury Bond Index (also referred to as the Bloomberg Barclays U.S. 7-10 Year Treasury Bond Index), a benchmark composed of fixed-rate, nominal U.S. Treasury securities that are investment-grade, denominated in U.S. dollars, with remaining maturities between seven and up to ten years; securities like Treasury Inflation-Protected Securities (TIPS), zero-coupon strips, state or local government series, and floating-rate or non-fixed rate bonds are excluded under the index methodology.

This ETF uses a stratified sampling replication method to gain exposure to its benchmark, rather than full replication; this approach selects a representative sample of eligible securities consistent with the index's risk and return characteristics.

The fund invests in U.S. government bonds (sovereign fixed income) only, and its exposure is entirely to U.S. Treasury securities in the medium maturity range (7-10 years).

Issuer is State Street Global Advisors Europe Limited; the fund is structured as a UCITS sub-fund under an Irish domiciled open-ended investment company umbrella (SSGA SPDR ETFs Europe I plc), authorized by the Central Bank of Ireland.