# Blm. U.S. Treas. Bd. UCITS ETF (TRAY) **Page:** https://fundology.uk/fund/tray · ISIN IE000QB5HJC8 ## 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, TRAY (Blm. U.S. Treas. Bd. UCITS ETF, ISIN IE000QB5HJC8) closed at $9.73 on the London Stock Exchange. Its ongoing charge is 0.05% a year (about £5 on £10,000). ## Summary SSgA SPDR ETFs Europe I Plc - Blm. U.S. Treas. Bd. UCITS ETF is an exchange-traded fund (ETF) from SPDR, launched in 2026. It tracks the Bloomberg U.S. Treasury Bond Index - Benchmark TR Gross. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.05% a year — about £5 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. Latest close: **$9.73** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | TRAY | | ISIN | IE000QB5HJC8 | | Category | Government bonds | | Type | ETF | | Provider | SPDR | | Tracks | Bloomberg U.S. Treasury Bond Index - Benchmark TR Gross | | Income | Accumulating | | Ongoing charge | 0.05% a year (£5 per £10,000) | | Fund size | £1.5m | | Launched | 2026 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 09/02/2026 | ## Charges compared with similar funds Ongoing charge of SSgA SPDR ETFs Europe I Plc - Blm. U.S. Treas. Bd. UCITS ETF 0.05% a year. Compared on 14/11/2026, 299 of the 311 other government bond funds charge more, 12 the same and 0 less (share classes counted once). ## Funds tracking the same index 2 funds track Bloomberg U.S. Treasury Bond Index - Benchmark TR Gross, this one included and share classes counted once; their ongoing charges range from 0.05% to 0.15% a year (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | SSgA SPDR ETFs Europe I Plc - Blm. U.S. Treas. Bd. UCITS ETF (this fund) | 0.05% | — | — | — | | SSGA SPDR ETFs Europe I PLC - State Street SPDR Bloomberg U.S. Treasury Bond UCITS ETF USD | 0.15% | -2.1% | +3.7% | -3.2% | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.05%** 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, TRAY holds 229 positions, according to its published holdings. The largest is US Treasury N/B 4.5 11/15/2033 at 1.14% of the fund; the ten largest make up 10.6%. ### Top holdings Largest positions (as of 05/11/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | US Treasury N/B 4.5 11/15/2033 | — | 1.14% | | 2 | US Treasury N/B 4.375 05/15/2034 | — | 1.12% | | 3 | US Treasury N/B 4.25 11/15/2034 | — | 1.08% | | 4 | US Treasury N/B 4.125 11/15/2032 | — | 1.06% | | 5 | US Treasury N/B 4 11/15/2035 | — | 1.05% | | 6 | US Treasury N/B 1.375 11/15/2031 | — | 1.04% | | 7 | US Treasury N/B 4 02/28/2030 | — | 1.04% | | 8 | US Treasury N/B 4.625 02/15/2035 | — | 1.04% | | 9 | US Treasury N/B 4.25 08/15/2035 | — | 1.02% | | 10 | US Treasury N/B 2.875 05/15/2032 | — | 1.01% | The 227 holdings on record (of 229 reported): https://fundology.uk/fund/tray/holdings ## Questions people ask **What is the ongoing charge of TRAY?** The ongoing charge of TRAY is 0.05% a year — about £5 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 SSgA SPDR ETFs Europe I Plc - Blm. U.S. Treas. Bd. UCITS ETF 0.05% a year. Compared on 14/11/2026, 299 of the 311 other government bond funds charge more, 12 the same and 0 less (share classes counted once). **What does TRAY track?** TRAY tracks the Bloomberg U.S. Treasury Bond Index - Benchmark TR Gross. **Is TRAY accumulating or distributing?** TRAY is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. **What is the ISIN of TRAY?** The ISIN of TRAY is IE000QB5HJC8. An ISIN identifies one exact share class of a fund; TRAY is its ticker on the London Stock Exchange. **What does TRAY hold?** As of 05/11/2026, TRAY holds 229 positions, according to its published holdings. The largest is US Treasury N/B 4.5 11/15/2033 at 1.14% of the fund; the ten largest make up 10.6%. Its ten largest holdings are US Treasury N/B 4.5 11/15/2033 (1.14%), US Treasury N/B 4.375 05/15/2034 (1.12%), US Treasury N/B 4.25 11/15/2034 (1.08%), US Treasury N/B 4.125 11/15/2032 (1.06%), US Treasury N/B 4 11/15/2035 (1.05%), US Treasury N/B 1.375 11/15/2031 (1.04%), US Treasury N/B 4 02/28/2030 (1.04%), US Treasury N/B 4.625 02/15/2035 (1.04%), US Treasury N/B 4.25 08/15/2035 (1.02%) and US Treasury N/B 2.875 05/15/2032 (1.01%). ## Fund documents - [Fund page at State Street Global Advisors](https://www.ssga.com/uk/en_gb/intermediary/etfs/state-street-spdr-bloomberg-us-treasury-bond-ucits-etf-acc-tray-im) - [Key investor information document (KIID)](https://www.ssga.com/library-content/kiids?isin=IE000QB5HJC8&documentType=kiid&country=uk&language=en_gb&ticker=tray-im) - [Factsheet](https://www.ssga.com/library-content/products/factsheets/etfs/emea/factsheet-emea-en_gb-tray-im.pdf) - Links checked 12/10/2026. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.