SPLBState Street SPDR Portfolio Long Term Corporate Bond ETF

Get income17y track recordRanked #56 of 1,622 in this goal

Seeks to provide investment results that correspond to the price and yield performance of an index tracking the long term corporate bond market.

By State Street Investment Management · Launched 2009

Annual Cost

0.04%

#240 of 5,562 · low cost

Fund Size

$1.3B

#992 of 5,562 · large

Dividend YieldGoal

5.34%

Track Record

17 years

#658 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,412+4.1%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Index tracking

Index tracked

Bloomberg US Long Term Corporate Bond Index

What it actually holds

By weight

Concentration

Top 10 holdings = 7.7% of fund✓ well diversified

State Street Global Advisors

5.2%

META PLATFORMS INC

0.4%

ANHEUSER-BUSCH CO/INBEV

0.4%

CVS HEALTH CORP

0.3%

AMGEN INC

0.3%

PFIZER INVESTMENT ENTER

0.2%

BOEING CO

0.2%

ABBVIE INC

0.2%

T-MOBILE USA INC

0.2%

ALPHABET INC

0.2%

Asset allocation

Bonds

99.9%

Cash

0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

7.9%Low

Year-on-year price swings

Max drawdown

-34.5%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.13Below average

Sortino (3Y)

0.19Moderate downside risk

Bond profile

Duration

4.9 years

Avg maturity

8.9 years

Credit ratings

AAA

2.0%

11.7%

46.0%

BBB

40.3%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to provide investment results that correspond to the price and yield performance of an index tracking the long term corporate bond market.
Strategy: Employs a sampling strategy to track the Bloomberg U.S. Long Term Corporate Bond Index, investing at least 80% of assets in securities comprising the Index. The Fund may also invest in cash equivalents for management purposes. The Index measures performance of U.S. corporate bonds with maturities of 10+ years, including investment grade, fixed-rate, taxable debt.
Inception date: March 10, 2009
Fund family: State Street Investment Management