SPDR Lehman International Treasury Bond ETF (BWX)

The SPDR Lehman International Treasury Bond ETF (BWX) started trading in October 2007. The ETF tracks the Lehman Global Treasury ex-US Index, minus expenses and fees.

The Lehman Global Treasury ex-US Index measures the performance of fixed rate local currency investment grade government debt. It includes both developed and emerging market government debt.

The ETF is passively managed, with an expense ratio of 0.5%.

As of August 2008, Japan represented almost a quarter of the fund's holdings. Germany and Italy were in the top three, representing about 1/8 each.

The ETF pays a monthly distribution. The ex-date is usually the first trading day of the month.

The SPDR Lehman International Treasury Bond ETF's holdings, as of August 2008, are listed below.



Note that the ETF's holdings may, from time to time, include currencies.