SPTL: A Hold Amid No Bullish Conditions

Konstantinos Kosmidis1.1K FollowersFollow5ShareSavePlay(7min)CommentsSummarySPTL is an efficient way to get exposure to the long-duration segment of the Treasury market, with low fees and similar performance to TLT.Its recent performance has been impacted by higher inflation expectations amid higher oil price levels.Short-term and longer-term conditions constitute a neutral outlook. Douglas Rissing/iStock via Getty Images The State Street SPDR Portfolio Long Term Treasury ETF (SPTL), launched on 05/23/2007 by State Street Global Advisors, Inc., and managed by SSGA Funds Management, Inc., provides exposure to long-duration Treasuries. It charges an expense ratio of 0.03% andThis article was written byKonstantinos Kosmidis1.1K FollowersFollowI began learning about markets and investing when I was 19 years old. My investing is informed by macro insights, fundamentals, and technical indicators. I have mostly written about ETFs, REITs, and Banks on Seeking Alpha. Currently, I am mostly interested in micro/small-cap stock opportunities and I expect to share many related ideas this year.When I'm neither working on my next article nor hunting for opportunities, I either run, swim, or lift weights.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.