SPSBState Street SPDR Portfolio Short Term Corporate Bond ETF

Get income16y track recordRanked #31 of 1,706 in this goal

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

By State Street Investment Management · Launched 2009

Annual Cost

0.04%

#92 of 6,040 · low cost

Fund Size

$10.5B

#283 of 6,040 · large

Return (1Y)

+2.4%

Track Record

16 years

#731 of 6,040 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,219+2.2%

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

What's inside

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Index tracking

Index tracked

Bloomberg US 1-3 Year Corporate Bond Index

Holdings

By weight

Concentration

Top 10 holdings = 9.9% of funddiversified

State Street Global Advisors

4.0%

State Street Global Advisors

3.0%

AERCAP IRELAND CAP/GLOBA

0.5%

PFIZER INVESTMENT ENTER

0.4%

CITIGROUP INC

0.4%

BANK OF AMERICA CORP

0.4%

BANK OF AMERICA CORP

0.3%

WELLS FARGO & COMPANY

0.3%

HSBC HOLDINGS PLC

0.3%

SALESFORCE INC

0.3%

Asset allocation

Bonds

97.2%

Cash

2.8%

Convertible

0.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

1.3%Low

Year-on-year price swings

Max drawdown

-11.7%Mild

Worst peak-to-trough loss

Sharpe (3Y)

0.73Decent risk-adjusted returns

Sortino (3Y)

1.08Good downside protection

Bond profile

Duration

4.5 years

Avg maturity

9.9 years

Credit ratings

AAA

0.4%

8.9%

50.0%

BBB

40.7%

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 short-term U.S. corporate bond market.
Strategy: Employs a sampling strategy to track the Bloomberg U.S. 1-3 Year Corporate Bond Index, investing primarily in investment-grade corporate bonds with maturities of 1 to 3 years. The Fund may also invest in cash equivalents and derivatives to manage cash flows and obtain investment exposure.
Inception date: December 16, 2009
Fund family: State Street Investment Management