SPDR Portfolio Corporate Bond ETF (SPBO)
| Assets | $1.63B |
| Expense Ratio | 0.03% |
| PE Ratio | n/a |
| Shares Out | 56.50M |
| Dividend (ttm) | $1.51 |
| Dividend Yield | 5.21% |
| Ex-Dividend Date | Jul 1, 2025 |
| Payout Frequency | Monthly |
| Payout Ratio | n/a |
| Volume | 393,345 |
| Open | 28.95 |
| Previous Close | 28.86 |
| Day's Range | 28.89 - 28.95 |
| 52-Week Low | 27.84 |
| 52-Week High | 30.26 |
| Beta | 0.35 |
| Holdings | 4456 |
| Inception Date | Apr 6, 2011 |
About SPBO
Fund Home PageThe SPDR Portfolio Corporate Bond ETF (SPBO) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of investment-grade US corporate bonds weighted in tiers by market value and issuer fundamentals. SPBO was launched on Apr 6, 2011 and is issued by State Street.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 1, 2025 | $0.12454 | Jul 7, 2025 |
| Jun 2, 2025 | $0.12505 | Jun 5, 2025 |
| May 1, 2025 | $0.12508 | May 6, 2025 |
| Apr 1, 2025 | $0.12489 | Apr 4, 2025 |
| Mar 3, 2025 | $0.12466 | Mar 6, 2025 |
| Feb 3, 2025 | $0.12673 | Feb 6, 2025 |
Performance
SPBO had a total return of 4.28% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.26%.
News
SPBO: Spreads Are Too Tight For This Investment Grade ETF
SPDR Portfolio Corporate Bond ETF offers a diversified investment-grade corporate bond portfolio with a 7-year duration and a 5.2% yield, but credit spreads are historically tight. Potential upside fr...
SPBO: A Balanced Fixed-Income Approach
The SPDR Portfolio Corporate Bond ETF tracks the Bloomberg U.S. Corporate Bond Index, managing $1.83B at a 0.03% expense ratio, offering a 5.20% yield. Its portfolio includes thousands of investment-g...
SPBO: Intermediate Duration Corporate Bond Fund, 5.4% Yield
Institutions prefer intermediate duration bonds in the current high rate environment. The SPDR Portfolio Corporate Bond ETF seeks to mimic the Bloomberg U.S. Corporate Bond Index. The fund invests in ...
SPBO: High Quality Corporate Bond Exposure In A Single Fund
SPDR Portfolio Corporate Bond ETF offers access to high-quality investment-grade corporate bonds with a diverse and broad-based portfolio. SPBO's holdings primarily consist of investment-grade corpora...
The Credit Opportunity In M&A
M&A was almost dormant in 2023. In the US, as a proportion of the market value of the benchmark equity indices, it fell to its lowest level in 20 years, according to McKinsey. Credit investors are not...
SPBO: Long-Term Income Investors Should Own This Fund
SPBO offers an attractive yield of 6% and a high-quality investment grade portfolio. The fund has declined significantly in 2022 and is still exhibiting weakness in 2023, but income investors should s...