SPSBState Street SPDR Portfolio Short Term Corporate Bond ETF

Get income16y track recordRanked #34 of 1,622 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%

#240 of 5,562 · low cost

Fund Size

$10.2B

#268 of 5,562 · large

Dividend YieldGoal

4.40%

Track Record

16 years

#736 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,332+3.3%

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 1-3 Year Corporate Bond Index

What it actually holds

By weight

Concentration

Top 10 holdings = 5.6% of fund✓ well diversified

State Street Global Advisors

2.0%

AERCAP IRELAND CAP/GLOBA

0.6%

PFIZER INVESTMENT ENTER

0.5%

BANK OF AMERICA CORP

0.4%

CITIGROUP INC

0.4%

HSBC HOLDINGS PLC

0.4%

MORGAN STANLEY

0.4%

WELLS FARGO & COMPANY

0.3%

JPMORGAN CHASE & CO

0.3%

GOLDMAN SACHS GROUP INC

0.3%

Asset allocation

Bonds

96.0%

Cash

4.0%

Convertible

0.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

1.4%Low

Year-on-year price swings

Max drawdown

-11.8%Mild

Worst peak-to-trough loss

Sharpe (3Y)

0.96Decent risk-adjusted returns

Sortino (3Y)

1.44Good downside protection

Bond profile

Duration

4.4 years

Avg maturity

10.0 years

Credit ratings

AAA

0.9%

8.8%

48.7%

BBB

41.5%

Other

0.0%

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 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 at least 80% of total assets in securities comprising the Index. The Fund may also invest in cash equivalents and may use derivatives to obtain investment exposure.
Inception date: December 16, 2009
Fund family: State Street Investment Management