# State Street SPDR Bloomberg Euro Corporate Bond UCITS ETF EUR (EUCO)

**Page:** https://fundology.uk/fund/euco · ISIN IE00B3T9LM79

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 13/11/2026, EUCO (State Street SPDR Bloomberg Euro Corporate Bond UCITS ETF EUR, ISIN IE00B3T9LM79) closed at €51.94 on the London Stock Exchange. Its ongoing charge is 0.12% a year (about £12 on £10,000). Over the five years to 13/11/2026 its total return was −3.2%, or −24.4% after UK CPIH inflation.

## Summary

State Street SPDR Bloomberg Euro Corporate Bond UCITS ETF EUR is an exchange-traded fund (ETF) from SPDR, launched in 2011. It tracks the Bloomberg Euro Corporate Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.12% a year — about £12 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year.

Latest close: **€51.94** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | EUCO |
| ISIN | IE00B3T9LM79 |
| Also listed as | SYBC (Xetra, euros) |
| Category | Corporate & other bonds |
| Type | ETF |
| Provider | SPDR |
| Tracks | Bloomberg Euro Corporate Index |
| Income | Distributing |
| Ongoing charge | 0.12% a year (£12 per £10,000) |
| Fund size | £592m |
| Launched | 2011 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 23/05/2011 |

## Income and distributions

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 14/11/2026, the latest distribution of EUCO was €0.8732 per share: it went ex-dividend on 03/08/2026 and was paid on 17/08/2026. In the 12 months to 14/11/2026 EUCO declared 2 distributions, together €1.7416 per share.

Latest distributions of EUCO per share, as of 14/11/2026:

| Ex-dividend date | Payment date | Amount per share |
|---|---|---|
| 03/08/2026 | 17/08/2026 | €0.8732 |
| 02/02/2026 | 17/02/2026 | €0.8684 |
| 04/08/2025 | 18/08/2025 | €0.8686 |
| 03/02/2025 | 18/02/2025 | €0.88 |
| 02/08/2024 | 16/08/2024 | €0.8583 |
| 01/02/2024 | 15/02/2024 | €0.8029 |
| 01/08/2023 | 15/08/2023 | €0.6508 |
| 01/02/2023 | 15/02/2023 | €0.4847 |

Distributions are not guaranteed: they can rise, fall or stop. Future dates are set and announced by the fund manager. 30 distributions are on record since 29/07/2011.

## Past returns (periods to 13/11/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | -5.73% | -9.07% | income reinvested |
| 3 years | +6.93% | -3.39% | income reinvested |
| 5 years | -3.17% | -24.42% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of State Street SPDR Bloomberg Euro Corporate Bond UCITS ETF EUR in pounds (price only, income paid out not included): 2022 −9.7%, 2023 +3.2%, 2024 −3.8%, 2025 +5.1%; 2026 to 13/11/2026 −7.6%. Returns of State Street SPDR Bloomberg Euro Corporate Bond UCITS ETF EUR in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −6.2%; to 30/09/2025: +5.0%; to 30/09/2024: +2.3%; to 30/09/2023: −1.4%; to 30/09/2022: −13.4%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -9.7% | -17.3% | Price |
| 2023 | +3.2% | -0.9% | Price |
| 2024 | -3.8% | -7.0% | Price |
| 2025 | +5.1% | +1.5% | Price |
| 2026 to 13/11/2026 | -7.6% | -10.5% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 4.86% | -9.28% |
| 3 years | 4.93% | -9.42% |
| 5 years | 5.85% | -15.79% |

## Largest fall

Volatility of State Street SPDR Bloomberg Euro Corporate Bond UCITS ETF EUR in pounds, annualised from weekly returns to 13/11/2026: 4.9% over 1 year, 4.9% over 3 years, 5.9% over 5 years. Largest fall in the price of State Street SPDR Bloomberg Euro Corporate Bond UCITS ETF EUR since November 2021, in pounds: −15.7% from 10/12/2021 to 14/10/2022. The lowest 12-month return of State Street SPDR Bloomberg Euro Corporate Bond UCITS ETF EUR in pounds (price only, income paid out not included) since January 2021 was −14.5% (12 months to 14/10/2022); the highest was +6.4% (12 months to 07/11/2025). On 13/11/2026 the price of State Street SPDR Bloomberg Euro Corporate Bond UCITS ETF EUR was 14.7% below its highest weekly close since November 2021 (10/12/2021), in pounds.

## Charges compared with similar funds

Ongoing charge of State Street SPDR Bloomberg Euro Corporate Bond UCITS ETF EUR 0.12% a year. Compared on 14/11/2026, 349 of the 427 other corporate and other bond funds charge more, 26 the same and 52 less (share classes counted once).

## Funds tracking the same index

5 funds track Bloomberg Euro Corporate Index, this one included and share classes counted once; their ongoing charges range from 0.09% to 0.17% a year (13/11/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Amundi Core EUR Corporate Bond -UCITS ETF DR- Distribution | 0.13% | -5.8% | — | — |
| Amundi Index Solutions SICAV - Amundi Core EUR Corporate Bond UCITS ETF Hedged- Capitalisation | 0.17% | +0.9% | — | — |
| Amundi Index Solutions SICAV - Amundi Core EUR Corporate Bond UCITS ETF Hedged- Distribution | 0.15% | +1.2% | — | — |
| State Street SPDR Bloomberg Euro Corporate Bond UCITS ETF EUR (this fund) | 0.12% | -5.7% | +6.9% | -3.2% |
| Xtrackers II EUR Corporate Bond UCITS ETF | 0.09% | -5.7% | +7.6% | -2.9% |

Returns are as reported, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.12%** per year (as of 13/11/2026)
- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## What it holds

As of 05/11/2026, EUCO holds 2,953 positions, according to its published holdings. The largest is Citigroup Inc 3.75 05/14/2032 at 0.14% of the fund; the ten largest make up 1.2%.

### Top holdings

Largest positions (as of 05/11/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Citigroup Inc 3.75 05/14/2032 | — | 0.14% |
| 2 | Goldman Sachs Group Inc 3.5 01/23/2033 | — | 0.13% |
| 3 | Amazon.Com Inc 3.1 03/16/2030 | — | 0.12% |
| 4 | Goldman Sachs Group Inc 3.643 07/22/2030 | — | 0.12% |
| 5 | Jpmorgan Chase & Co 1.963 03/23/2030 | — | 0.12% |
| 6 | Jpmorgan Chase & Co 3.761 03/21/2034 | — | 0.12% |
| 7 | AT&T Inc 3.15 09/04/2036 | — | 0.11% |
| 8 | Bpce SA 5.125 01/25/2035 | — | 0.11% |
| 9 | Heimstaden Bostad Tresry 1 04/13/2028 | — | 0.11% |
| 10 | Morgan Stanley 0.495 10/26/2029 | — | 0.11% |

## Where it invests

Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.

### By country

Added up from the fund’s published holdings, as of 05/11/2026.

| Country | Weight |
|---|---|
| France | 19.1% |
| United States | 17.2% |
| Netherlands | 14.6% |
| Germany | 8.3% |
| United Kingdom | 7.0% |
| Spain | 5.4% |
| Italy | 4.8% |
| Luxembourg | 3.6% |
| Other countries | 19.8% |

The 2,952 holdings on record (of 2,953 reported): https://fundology.uk/fund/euco/holdings

## Questions people ask

**What is the ongoing charge of EUCO?**

The ongoing charge of EUCO is 0.12% a year — about £12 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of State Street SPDR Bloomberg Euro Corporate Bond UCITS ETF EUR 0.12% a year. Compared on 14/11/2026, 349 of the 427 other corporate and other bond funds charge more, 26 the same and 52 less (share classes counted once).

**What does EUCO track?**

EUCO tracks the Bloomberg Euro Corporate Index.

**Is EUCO accumulating or distributing?**

EUCO is distributing: income is paid out to holders as cash, usually a few times a year. It pays out semi-annual.

**When does EUCO pay dividends?**

EUCO pays its income out twice a year. In the 12 months to 14/11/2026 it went ex-dividend on 02/02/2026 and 03/08/2026. The latest distribution went ex-dividend on 03/08/2026 and was paid on 17/08/2026. Future dates are set and announced by the fund manager; distributions are not guaranteed and can change.

**What is the ISIN of EUCO?**

The ISIN of EUCO is IE00B3T9LM79. An ISIN identifies one exact share class of a fund; EUCO is its ticker on the London Stock Exchange. The same share class is also listed as SYBC (Xetra, euros).

**What does EUCO hold?**

As of 05/11/2026, EUCO holds 2,953 positions, according to its published holdings. The largest is Citigroup Inc 3.75 05/14/2032 at 0.14% of the fund; the ten largest make up 1.2%. Its ten largest holdings are Citigroup Inc 3.75 05/14/2032 (0.14%), Goldman Sachs Group Inc 3.5 01/23/2033 (0.13%), Amazon.Com Inc 3.1 03/16/2030 (0.12%), Goldman Sachs Group Inc 3.643 07/22/2030 (0.12%), Jpmorgan Chase & Co 1.963 03/23/2030 (0.12%), Jpmorgan Chase & Co 3.761 03/21/2034 (0.12%), AT&T Inc 3.15 09/04/2036 (0.11%), Bpce SA 5.125 01/25/2035 (0.11%), Heimstaden Bostad Tresry 1 04/13/2028 (0.11%) and Morgan Stanley 0.495 10/26/2029 (0.11%).

**What were EUCO’s returns in each of the last five years?**

Calendar-year returns of EUCO in pounds (price only, income paid out not included): 2022 −9.7%, 2023 +3.2%, 2024 −3.8%, 2025 +5.1%; 2026 to 13/11/2026 −7.6%. Past performance is not a guide to future returns.

**How has EUCO done after inflation?**

Over the five years to 13/11/2026 EUCO’s total return was −3.2%, or −24.4% after UK CPIH inflation. Past performance is not a guide to future returns.

## Fund documents

- [Fund page at State Street Global Advisors](https://www.ssga.com/uk/en_gb/intermediary/etfs/state-street-spdr-bloomberg-euro-corporate-bond-ucits-etf-dist-sybc-gy)
- [Key investor information document (KIID)](https://www.ssga.com/library-content/kiids?isin=IE00B3T9LM79&documentType=kiid&country=uk&language=en_gb&ticker=sybc-gy)
- [Factsheet](https://www.ssga.com/library-content/products/factsheets/etfs/emea/factsheet-emea-en_gb-sybc-gy.pdf)
- Links checked 12/10/2026.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.