SPBO - SPDR Portfolio Corporate Bond ETF
| Assets | $363.47M |
| NAV | $35.46 |
| Expense Ratio | 0.06% |
| PE Ratio | n/a |
| Beta (5Y) | 0.16 |
| Dividend (ttm) | $0.93 |
| Dividend Yield | 2.61% |
| Ex-Dividend Date | Jul 1, 2021 |
| 1-Year Return | - |
| Trading Day | July 23 |
| Last Price | $35.70 |
| Previous Close | $35.74 |
| Change ($) | -0.04 |
| Change (%) | -0.10% |
| Day's Open | 35.70 |
| Day's Range | 35.62 - 35.72 |
| Day's Volume | 91,495 |
| 52-Week Range | 33.69 - 35.88 |
Fund Description
The investment seeks investment results that, before fees and expenses, correspond generally to the price and yield performance of an index that tracks the Bloomberg Barclays U.S. Corporate Bond Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to measure the performance of the investment grade corporate bond market.
| Asset Class Fixed Income | Inception Date Apr 6, 2011 |
| Exchange NYSEARCA | Ticker Symbol SPBO |
| Index Tracked Bloomberg Barclays U.S. Corporate Bond Index | |
Top 10 Holdings
2.44% of assets| Name | Symbol | Weight |
|---|---|---|
| Citigroup Inc. 3.2% | n/a | 0.32% |
| Wells Fargo & Company 4.65% | n/a | 0.28% |
| AT&T Inc 3.8% | n/a | 0.25% |
| Morgan Stanley 6.38% | n/a | 0.24% |
| Goldman Sachs Group, Inc. 6.75% | n/a | 0.23% |
| HSBC Holdings plc 6.5% | n/a | 0.23% |
| Intel Corporation 2.45% | n/a | 0.22% |
| Goldman Sachs Group, Inc. 6.45% | n/a | 0.22% |
| Verizon Communications Inc. 4.12% | n/a | 0.22% |
| Barclays PLC 5.2% | n/a | 0.22% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 1, 2021 | $0.071 | Jul 8, 2021 |
| Jun 1, 2021 | $0.07 | Jun 7, 2021 |
| May 3, 2021 | $0.071 | May 7, 2021 |
| Apr 1, 2021 | $0.07 | Apr 8, 2021 |
| Mar 1, 2021 | $0.073 | Mar 5, 2021 |
| Feb 1, 2021 | $0.072 | Feb 5, 2021 |
The 0.03% price makes SPAB and SPBO cheaper than competing funds.
Amid very-low interest rate environment, investors may be interested in securities that have the potential to offer capital appreciation as well as benchmark-beating yields.