Symbols

SPSB

State Street SPDR Portfolio Short Term Corporate Bond ETF·NYSE

--(--)

Key Stats

Assets Under Management

8.68BUSD

Fund Flows (1Y)

-72.91MUSD

Dividend Yield

4.52%

Discount/Premium to NAV

Shares Outstanding

286.00M

Expense Ratio

0.04%

About State Street SPDR Portfolio Short 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-short-term-corporate-bond-etf-spsb

Inception Date

Dec 16, 2009

Structure

Open-Ended Fund

Index Tracked

Bloomberg U.S. 1-3 Year 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)

SPSB delivers marketlike exposure to short-term US investment-grade corporate bonds. The fund holds USD-denominated, fixed rate and nonconvertible corporate issues, with 1 to 3 years remaining to maturity. The sectors included are Industrial, Utility, and Financial Institutions, which include both U.S. and non-US corporations. SPSB excludes structured notes with special features, private placements, floating rate securities, and Eurobonds. The underlying index is reconstituted monthly. SPSB uses a sampling index strategy, which purchases a subset of securities that matches the return, and risk characteristics of the underlying index.