SPDR Portfolio TIPS ETF (SPIP)

NYSEARCA: SPIP · Real-Time Price · USD
25.78
-0.02 (-0.08%)
Oct 31, 2024, 4:00 PM EDT - Market closed
-0.08%
Assets $871.31M
Expense Ratio 0.12%
PE Ratio n/a
Shares Out 33.90M
Dividend (ttm) $0.91
Dividend Yield 3.52%
Ex-Dividend Date Oct 1, 2024
Payout Ratio n/a
1-Year Return +4.54%
Volume 124,297
Open 25.66
Previous Close 25.80
Day's Range 25.66 - 25.81
52-Week Low 24.70
52-Week High 26.44
Beta 0.25
Holdings 52
Inception Date May 25, 2007

About SPIP

Fund Home Page

The SPDR Portfolio TIPS ETF (SPIP) is an exchange-traded fund that is based on the Bloomberg US Govt Inflation-Linked index. The fund tracks a market-value-weighted index of inflation-protected US Treasurys with a remaining maturity of at least one year. SPIP was launched on May 25, 2007 and is issued by State Street.

Asset Class Fixed Income
Category Inflation-Protected Bond
Region North America
Stock Exchange NYSEARCA
Ticker Symbol SPIP
ETF Provider State Street
Index Tracked Bloomberg US Govt Inflation-Linked

Dividends

Ex-Dividend Amount Pay Date
Oct 1, 2024 $0.03866 Oct 4, 2024
Sep 3, 2024 $0.01555 Sep 6, 2024
Aug 1, 2024 $0.05177 Aug 6, 2024
Jul 1, 2024 $0.12712 Jul 5, 2024
Jun 3, 2024 $0.18002 Jun 6, 2024
May 1, 2024 $0.17295 May 7, 2024
Full Dividend History

News

Maturity Walls Need To Hurt For SPIP To Do Well

The SPDR® Portfolio TIPS ETF (SPIP) is sensitive to real rates and won't perform well if rates remain high while inflation falls, especially on longer horizons.

8 months ago - Seeking Alpha

SPIP: Navigating The Bond Bear Pit

SPIP is an ETF that focuses on providing investors exposure to U.S. Treasury Inflation-Protected Securities. Since the onset of the bond bear market in late 2021, SPIP has suffered a decline exceeding...

1 year ago - Seeking Alpha

SPIP: Inflation-Linked Bond Rally Just Getting Started

The SPIP has a real yield of 1.6%, which is what investors should expect to achieve after inflation over the maturity of the bond fund, which is currently 7.8 years. Returns are likely to be significa...

2 years ago - Seeking Alpha

Tapering Impact On Treasury Supply

At the November FOMC meeting, the Fed officially announced that it would begin tapering its bond purchase program, starting in mid-November. When the Fed began tapering its QE3 program over the course...

3 years ago - Seeking Alpha

Best TIPS ETFs for Q1 2021

The best TIPS ETFs for Q1 2021 are LTPZ, IVOL, and SPIP.

Other symbols: IVOLLTPZ
4 years ago - Investopedia

IVOL: As Non-Correlated To Common Asset Classes As An ETF Strategy Gets (Podcast)

IVOL: As Non-Correlated To Common Asset Classes As An ETF Strategy Gets (Podcast)

4 years ago - Seeking Alpha

30-Year TIPS: Poster Child For A 'Volatile' Safe Investment

The Treasury will reopen CUSIP 912810SM1 in a Thursday auction, creating a 29-year, 6-month TIPS.

4 years ago - Seeking Alpha

Top 4 U.S Government Bonds ETFs (SHY, ITE)

Discover the top four ETFs that invest in U.S. government bonds with maturities ranging from zero to 25 years, including nominal and inflation-protected bonds.

Other symbols: SHYVGLT
5 years ago - Investopedia