Key stats
About SPDR Portfolio Intermediate Term Corporate Bond ETF
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Inception date
Feb 10, 2009
Structure
Open-Ended Fund
Replication method
Physical
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)
SPIB offers a market-like exposure to the intermediate-term (1-10 years) sector of the US corporate bond market. The fund happens to track its segment benchmark, the Bloomberg US Intermediate Corporate Bond Index. The index includes investment-grade, fixed-rate, taxable, USD-denominated debt. Roughly a fifth of its portfolio is allocated to USD-denominated debt from foreign companies, and the rest is allocated to US companies. As often the case with bond ETFs, investors should be aware of the possibility of capital gains distributions. The Index is rebalanced monthly. In October 2017, the fund changed its ticker symbol from ITR.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Bonds, Cash & Other100.00%
Corporate99.56%
Mutual fund0.44%
Cash0.00%
Stock breakdown by region
North America89.09%
Europe6.94%
Asia3.19%
Oceania0.73%
Latin America0.05%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history