State Street® SPDR® Portfolio TIPS ETF SPIP Strategy
Strategy
The investment seeks to provide investment results that correspond generally to the price and yield performance of the Bloomberg U.S. government Inflation-Linked Bond Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in securities that the adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to measure the performance of the inflation protected public obligations of the U.S. Treasury, commonly known as "TIPS."
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Morningstar Rating for Funds
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Medalist Rating
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SPIP
| State Street® SPDR® Portfolio TIPS ETF | ETF | Open | — | — | 0.120% | — | — | — | ||
SPIP
| State Street® SPDR® Portfolio TIPS ETF | ETF | Open | $1.01B | 0.120% | — | — | $34.99M |