SPDR Portfolio Corporate Bond ETFSPDR Portfolio Corporate Bond ETFSPDR Portfolio Corporate Bond ETF

SPDR Portfolio Corporate Bond ETF

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Key stats


Assets under management (AUM)
‪1.52 B‬USD
Fund flows (1Y)
‪106.64 M‬USD
Dividend yield (indicated)
5.33%
Discount/Premium to NAV
0.1%
Shares outstanding
‪53.30 M‬
Expense ratio
0.03%

About SPDR Portfolio Corporate Bond ETF


Brand
SPDR
Home page
Inception date
Apr 6, 2011
Structure
Open-Ended Fund
Index tracked
Bloomberg US Corporate Investment Grade
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
SSgA Funds Management, Inc.
Distributor
State Street Corp. (Fund Distributor)
SPBO holds a broad portfolio of industrial, financial, and utilities investment-grade corporate bonds denominated in USD. The fund ranks issuers using financial statement ratios and weights them accordingly. It weights specific issues by their market values within each issuer bucket. The fund uses a sampling method in tracking its index, which means it will invest in a sample of securities that collectively have an investment profile similar to that of the underlying index. The index is rebalanced monthly. Prior to September 23, 2019, the fund traded under the ticker CBND.

Classification


Asset Class
Fixed income
Category
Corporate, broad-based
Focus
Investment grade
Niche
Broad maturities
Strategy
Fundamental
Geography
U.S.
Weighting scheme
Market value
Selection criteria
Fundamental
What's in the fund
Exposure type
Bonds, Cash & Other
Corporate
Stock breakdown by region
0.7%0%90%6%2%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to SPBO via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SPBO trades at 28.47 USD today, its price has risen 0.39% in the past 24 hours. Track more dynamics on SPBO price chart.
SPBO net asset value is 28.42 today — it's risen 0.59% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
SPBO assets under management is ‪1.52 B‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
SPBO price has risen by 0.07% over the last month, and its yearly performance shows a −1.04% decrease. See more dynamics on SPBO price chart.
NAV returns, another gauge of an ETF dynamics, showed a −0.55% decrease in three-month performance and has increased by 4.23% in a year.
SPBO fund flows account for ‪106.64 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SPBO invests in bonds. See more details in our Analysis section.
SPBO expense ratio is 0.03%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, SPBO isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, SPBO technical analysis shows the sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SPBO shows the strong sell signal. See more of SPBO technicals for a more comprehensive analysis.
Yes, SPBO pays dividends to its holders with the dividend yield of 5.33%.
SPBO trades at a premium (0.11%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
SPBO shares are issued by State Street Corp.
SPBO follows the Bloomberg US Corporate Investment Grade. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 6, 2011.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.