State Street SPDR UC Investments 90/10 Endowment Strategy Index ETF is a passively managed exchange-traded fund that seeks to track the performance of the UC Investments 90/10 Endowment Strategy Index, which maintains a target allocation of 90% U.S. large-cap equities and 10% short-term investment-grade corporate bonds. The index combines float-adjusted market capitalization-weighted constituents from the S&P 500 Index with market capitalization-weighted U.S. dollar-denominated corporate bonds from the S&P U.S. Investment Grade Corporate Bond 1-3 Year Index, rebalancing on a quarterly basis.
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