Symbols

SPBO

State Street SPDR Portfolio Corporate Bond ETF·ARCA

--(--)

Key Stats

Assets Under Management

1.83BUSD

Fund Flows (1Y)

33.41MUSD

Dividend Yield

5.06%

Discount/Premium to NAV

0.02%

Shares Outstanding

62.40M

Expense Ratio

0.03%

About State Street SPDR Portfolio Corporate Bond ETF

Issuer

State Street Global Advisors

Brand

SPDR

Home Page

https://www.ssga.com/us/en/intermediary/etfs/state-street-spdr-portfolio-corporate-bond-etf-spbo

Inception Date

Apr 6, 2011

Structure

Open-Ended Fund

Index Tracked

Bloomberg U.S. Corporate Bond Index

Management Style

Passive

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)

SPBO holds a broad portfolio of industrial, financial, and utilities investment-grade corporate bonds denominated in USD. The fund ranks issuers using financial statement ratios and weights them accordingly. It weights specific issues by their market values within each issuer bucket. The fund uses a sampling method in tracking its index, which means it will invest in a sample of securities that collectively have an investment profile similar to that of the underlying index. The index is rebalanced monthly. Prior to September 23, 2019, the fund traded under the ticker CBND.