# State Street SPDR Bloomberg 3-7 Year U.S. Treasury Bond UCITS ETF USD (TRS5) **Page:** https://fundology.uk/fund/trs5 · ISIN IE00BYSZ5R67 ## 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, TRS5 (State Street SPDR Bloomberg 3-7 Year U.S. Treasury Bond UCITS ETF USD, ISIN IE00BYSZ5R67) closed at $27.08 on the London Stock Exchange. Its ongoing charge is 0.15% a year (about £15 on £10,000). Over the five years to 13/11/2026 its total return was +2.7%, or −19.8% after UK CPIH inflation. ## Summary State Street SPDR Bloomberg 3-7 Year U.S. Treasury Bond UCITS ETF USD is an exchange-traded fund (ETF) from SPDR, launched in 2016. It tracks the Bloomberg US Treasury (3-7 Y). You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.15% a year — about £15 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: **$27.08** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | TRS5 | | ISIN | IE00BYSZ5R67 | | Also listed as | SPP3 (Xetra, euros) | | Category | Government bonds | | Type | ETF | | Provider | SPDR | | Tracks | Bloomberg US Treasury (3-7 Y) | | Income | Distributing | | Ongoing charge | 0.15% a year (£15 per £10,000) | | Fund size | £86.8m | | Launched | 2016 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 17/02/2016 | ## 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 TRS5 was US$0.563 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 TRS5 declared 2 distributions, together US$1.1148 per share. Latest distributions of TRS5 per share, as of 14/11/2026: | Ex-dividend date | Payment date | Amount per share | |---|---|---| | 03/08/2026 | 17/08/2026 | US$0.563 | | 02/02/2026 | 17/02/2026 | US$0.5518 | | 04/08/2025 | 18/08/2025 | US$0.5474 | | 03/02/2025 | 18/02/2025 | US$0.5054 | | 02/08/2024 | 16/08/2024 | US$0.475 | | 01/02/2024 | 15/02/2024 | US$0.4228 | | 01/08/2023 | 15/08/2023 | US$0.3199 | | 01/02/2023 | 15/02/2023 | US$0.234 | Distributions are not guaranteed: they can rise, fall or stop. Future dates are set and announced by the fund manager. 20 distributions are on record since 01/08/2016. ## 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 | -1.50% | -4.98% | income reinvested | | 3 years | +2.60% | -7.31% | income reinvested | | 5 years | +2.74% | -19.80% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of State Street SPDR Bloomberg 3-7 Year U.S. Treasury Bond UCITS ETF USD in pounds (price only, income paid out not included): 2022 +0.4%, 2023 −3.4%, 2024 +1.2%, 2025 −4.8%; 2026 to 13/11/2026 −3.7%. Returns of State Street SPDR Bloomberg 3-7 Year U.S. Treasury Bond UCITS ETF USD in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −4.3%; to 30/09/2025: −0.7%; to 30/09/2024: −3.4%; to 30/09/2023: −11.0%; to 30/09/2022: +7.8%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | +0.4% | -8.1% | Price | | 2023 | -3.4% | -7.3% | Price | | 2024 | +1.2% | -2.3% | Price | | 2025 | -4.8% | -8.1% | Price | | 2026 to 13/11/2026 | -3.7% | -6.7% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 5.93% | -7.63% | | 3 years | 6.90% | -11.42% | | 5 years | 7.68% | -18.44% | ## Largest fall Volatility of State Street SPDR Bloomberg 3-7 Year U.S. Treasury Bond UCITS ETF USD in pounds, annualised from weekly returns to 13/11/2026: 5.9% over 1 year, 6.9% over 3 years, 7.7% over 5 years. Largest fall in the price of State Street SPDR Bloomberg 3-7 Year U.S. Treasury Bond UCITS ETF USD since November 2021, in pounds: −18.4% from 30/09/2022 to 16/09/2026. The lowest 12-month return of State Street SPDR Bloomberg 3-7 Year U.S. Treasury Bond UCITS ETF USD in pounds (price only, income paid out not included) since January 2021 was −12.1% (12 months to 14/07/2023); the highest was +8.7% (12 months to 21/10/2022). On 13/11/2026 the price of State Street SPDR Bloomberg 3-7 Year U.S. Treasury Bond UCITS ETF USD was 17.0% below its highest weekly close since November 2021 (30/09/2022), in pounds. ## Charges compared with similar funds Ongoing charge of State Street SPDR Bloomberg 3-7 Year U.S. Treasury Bond UCITS ETF USD 0.15% a year. Compared on 14/11/2026, 117 of the 311 other government bond funds charge more, 28 the same and 166 less (share classes counted once). ## Funds tracking the same index 7 funds track Bloomberg US Treasury (3-7 Y), 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 | |---|---|---|---|---| | Amundi US Treasury Bond 3-7Y UCITS ETF -Monthly Hedged to GBP - Dist- Distribution | 0.06% | -4.4% | +1.9% | — | | Invesco US Treasury Bond 3-7 Year UCITS ETF | 0.06% | -1.9% | +4.7% | +2.8% | | Invesco US Treasury Bond 3-7 Year UCITS ETF AccumUSD | 0.06% | -1.9% | — | — | | Invesco US Treasury Bond 3-7 Year UCITS ETF GBP Hedged | 0.13% | -1.3% | +9.8% | -1.3% | | Multi Units Luxembourg SICAV - Amundi US Treasury Bond 3-7Y UCITS ETF -Dist- Distribution | 0.06% | -2.0% | +4.6% | +2.7% | | SSgA SPDR ETFs Europe I Plc - Blmb. 3-7 Year U.S. Tre. Bd. Accum USD | 0.05% | — | — | — | | State Street SPDR Bloomberg 3-7 Year U.S. Treasury Bond UCITS ETF USD (this fund) | 0.15% | -1.5% | +2.6% | +2.7% | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.15%** per year - 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, TRS5 holds 92 positions, according to its published holdings. The largest is US Treasury N/B 3.875 08/15/2033 at 2.46% of the fund; the ten largest make up 22.1%. ### Top holdings Largest positions (as of 05/11/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | US Treasury N/B 3.875 08/15/2033 | — | 2.46% | | 2 | US Treasury N/B 4.125 11/15/2032 | — | 2.34% | | 3 | US Treasury N/B 0.875 11/15/2030 | — | 2.29% | | 4 | US Treasury N/B 2.875 05/15/2032 | — | 2.26% | | 5 | US Treasury N/B 3.5 02/15/2033 | — | 2.26% | | 6 | US Treasury N/B 1.875 02/15/2032 | — | 2.21% | | 7 | US Treasury N/B 2.75 08/15/2032 | — | 2.11% | | 8 | US Treasury N/B 1.375 11/15/2031 | — | 2.09% | | 9 | US Treasury N/B 4 02/28/2030 | — | 2.05% | | 10 | US Treasury N/B 3.375 05/15/2033 | — | 2.00% | The 91 holdings on record (of 92 reported): https://fundology.uk/fund/trs5/holdings ## Questions people ask **What is the ongoing charge of TRS5?** The ongoing charge of TRS5 is 0.15% a year — about £15 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 3-7 Year U.S. Treasury Bond UCITS ETF USD 0.15% a year. Compared on 14/11/2026, 117 of the 311 other government bond funds charge more, 28 the same and 166 less (share classes counted once). **What does TRS5 track?** TRS5 tracks the Bloomberg US Treasury (3-7 Y). **Is TRS5 accumulating or distributing?** TRS5 is distributing: income is paid out to holders as cash, usually a few times a year. It pays out semi-annual. **When does TRS5 pay dividends?** TRS5 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 TRS5?** The ISIN of TRS5 is IE00BYSZ5R67. An ISIN identifies one exact share class of a fund; TRS5 is its ticker on the London Stock Exchange. The same share class is also listed as SPP3 (Xetra, euros). **What does TRS5 hold?** As of 05/11/2026, TRS5 holds 92 positions, according to its published holdings. The largest is US Treasury N/B 3.875 08/15/2033 at 2.46% of the fund; the ten largest make up 22.1%. Its ten largest holdings are US Treasury N/B 3.875 08/15/2033 (2.46%), US Treasury N/B 4.125 11/15/2032 (2.34%), US Treasury N/B 0.875 11/15/2030 (2.29%), US Treasury N/B 2.875 05/15/2032 (2.26%), US Treasury N/B 3.5 02/15/2033 (2.26%), US Treasury N/B 1.875 02/15/2032 (2.21%), US Treasury N/B 2.75 08/15/2032 (2.11%), US Treasury N/B 1.375 11/15/2031 (2.09%), US Treasury N/B 4 02/28/2030 (2.05%) and US Treasury N/B 3.375 05/15/2033 (2.00%). **What were TRS5’s returns in each of the last five years?** Calendar-year returns of TRS5 in pounds (price only, income paid out not included): 2022 +0.4%, 2023 −3.4%, 2024 +1.2%, 2025 −4.8%; 2026 to 13/11/2026 −3.7%. Past performance is not a guide to future returns. **How has TRS5 done after inflation?** Over the five years to 13/11/2026 TRS5’s total return was +2.7%, or −19.8% 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-3-7-year-us-treasury-bond-ucits-etf-dist-spp3-gy) - [Key investor information document (KIID)](https://www.ssga.com/library-content/kiids?isin=IE00BYSZ5R67&documentType=kiid&country=uk&language=en_gb&ticker=spp3-gy) - [Factsheet](https://www.ssga.com/library-content/products/factsheets/etfs/emea/factsheet-emea-en_gb-spp3-gy.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.