Symbols

SPLB

State Street SPDR Portfolio Long Term Corporate Bond ETF·NYSE

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Key Stats

Assets Under Management

1.22BUSD

Fund Flows (1Y)

283.42MUSD

Dividend Yield

5.25%

Discount/Premium to NAV

0.07%

Shares Outstanding

53.15M

Expense Ratio

0.04%

About State Street SPDR Portfolio Long Term Corporate Bond ETF

Issuer

State Street Global Advisors

Brand

SPDR

Home Page

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

Inception Date

Mar 10, 2009

Structure

Open-Ended Fund

Index Tracked

Bloomberg Long U.S. Corporate 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)

SPLB attempts to capture the US long-term, investment-grade corporate bond market in ETF form. The fund's underlying index invests strictly in US dollar-denominated issues, predominantly from US firms which have a remaining maturity of at least 10 years. The fund uses a simple strategy, selecting and weighting constituents by market value. The fund also uses a sampling method in tracking the index, meaning it invests in securities that have identical characteristics of the securities that comprise the index. The index is rebalanced monthly, on the last business day of the month. The fund ticker changed from LWC in Oct. 2017.