State Street Global Advisors, State Street Corp.'s investment management arm, has launched the SPDR Barclays Capital Long Term Credit Bond ETF.

The fund, which began trading Wednesday on the NYSE Arca Exchange, has an annual expense ratio of 0.15%. It tracks the price and yield performance of the Barclays Capital U.S. Long Credit Index, which includes investment grade corporate and noncorporate credit bonds that are dollar-denominated and have a remaining maturity of at least 10 years.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.