Key stats
About SPDR Portfolio Short Term Corporate Bond ETF
Home page
Inception date
Dec 16, 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)
SPSB delivers marketlike exposure to short-term US investment-grade corporate bonds. The fund holds USD-denominated, fixed rate and nonconvertible corporate issues, with 1 to 3 years remaining to maturity. The sectors included are Industrial, Utility, and Financial Institutions, which include both U.S. and non-US corporations. SPSB excludes structured notes with special features, private placements, floating rate securities, and Eurobonds. The underlying index is reconstituted monthly. SPSB uses a sampling index strategy, which purchases a subset of securities that matches the return, and risk characteristics of the underlying index.
Classification
What's in the fund
Exposure type
Corporate
Stock breakdown by region
Top 10 holdings
No news here
Looks like there's nothing to report right now
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.
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.
SPSB trades at 30.07 USD today, its price has risen 0.10% in the past 24 hours. Track more dynamics on SPSB price chart.
SPSB net asset value is 30.07 today — it's risen 0.18% 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.
SPSB assets under management is 8.13 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.
SPSB price has fallen by −0.17% over the last month, and its yearly performance shows a 1.42% increase. See more dynamics on SPSB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.18% over the last month, showed a 1.16% increase in three-month performance and has increased by 6.58% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.18% over the last month, showed a 1.16% increase in three-month performance and has increased by 6.58% in a year.
SPSB fund flows account for 308.49 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.
SPSB invests in bonds. See more details in our Analysis section.
SPSB expense ratio is 0.04%. 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, SPSB 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, SPSB technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SPSB shows the buy signal. See more of SPSB technicals for a more comprehensive analysis.
Today, SPSB technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SPSB shows the buy signal. See more of SPSB technicals for a more comprehensive analysis.
Yes, SPSB pays dividends to its holders with the dividend yield of 4.80%.
SPSB trades at a premium (0.00%).
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.
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.
SPSB shares are issued by State Street Corp.
SPSB follows the Bloomberg US Corporate (1-3 Y) (Inception 11/28/2003). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Dec 16, 2009.
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.