Key stats
About SPDR® PORTFOLIO SHORT TERM CORPORATE BOND ETF
Home page
Inception date
Dec 16, 2009
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Bonds, Cash & Other100.00%
Corporate99.94%
Mutual fund0.06%
Cash0.00%
Stock breakdown by region
North America87.81%
Europe7.99%
Asia3.22%
Oceania0.93%
Latin America0.05%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history