SPDR Portfolio Short Term Corporate Bond ETF (SPSB)

NYSEARCA: SPSB · IEX Real-Time Price · USD
29.72
+0.02 (0.08%)
Feb 27, 2024, 11:01 AM EST - Market open
0.08%
Assets $7.10B
Expense Ratio 0.04%
PE Ratio n/a
Shares Out 249.20M
Dividend (ttm) $1.24
Dividend Yield 4.17%
Ex-Dividend Date Feb 1, 2024
Payout Ratio n/a
1-Year Return +1.00%
Volume 257,232
Open 29.73
Previous Close 29.69
Day's Range 29.70 - 29.73
52-Week Low 29.10
52-Week High 29.94
Beta 0.02
Holdings 1415
Inception Date Dec 16, 2009

About SPSB

Fund Home Page

The SPDR Portfolio Short Term Corporate Bond ETF (SPSB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of fixed-rate investment-grade nonconvertible US corporate bonds with 1-3 years remaining in maturity. SPSB was launched on Dec 16, 2009 and is issued by State Street.

Asset Class Fixed Income
Category Short-Term Bond
Region North America
Stock Exchange NYSEARCA
Ticker Symbol SPSB
ETF Provider State Street
Index Tracked Bloomberg US Corporate (1-3 Y) (Inception 11/28/2003)

Dividends

Ex-Dividend Amount Pay Date
Feb 1, 2024 $0.1158 Feb 7, 2024
Dec 18, 2023 $0.12669 Dec 22, 2023
Dec 1, 2023 $0.11382 Dec 7, 2023
Nov 1, 2023 $0.11208 Nov 7, 2023
Oct 2, 2023 $0.10625 Oct 6, 2023
Sep 1, 2023 $0.10724 Sep 8, 2023
Full Dividend History

News

Chart of Week: Advisors Prefer Short-Term High-Quality Bonds

Advisors have choices to face with their fixed income allocation. Should they take on credit risk to be rewarded with a high level of income?

Other symbols: BNDIGSBTLTVCSH
5 months ago - ETF Trends

Best Bonds For Income

For many, social security isn't enough to fund their retirement needs. Bonds can help produce another income stream.

5 months ago - Forbes

Short-Term Corporates Could Be Right Idea for a Volatile Bond Market

Not much is working in the bond market this year, but the upside of all that downside is that some attractive opportunities are emerging, particularly among lower duration fare. Importantly, that does...

1 year ago - ETF Trends

The 7 Best SPDR ETFs to Buy and Hold

State Street's job as an investment manager is to get you from point A to point B with as little pain as possible, and hopefully, plenty of assets in your retirement portfolio. And to its credit, many...

Other symbols: CWIGWXKOMPVLUXLEXLF
2 years ago - Kiplinger

How to Future-Proof Your Fixed Income Allocation

Fixed income investors had an easy time over the past three decades, but with the current environment of higher inflation and an increasing rate outlook, the traditional bond portfolio will have to ad...

Other symbols: CWBJNKSPHYSPMB
2 years ago - ETF Trends

Fixed Income ETFs See $55B in Inflows Thus Far this Year

Gold can’t have all the safe haven fun—bonds have been seeing their fair share of safety capital during the pandemic, especially with the central government stepping in to inject more capital into deb...

Other symbols: GIGBLQDVCSH
4 years ago - ETF Trends

U.S. Pension Funds Are Still Piling into Bonds Amid Pandemic

When it comes to the capital markets, COVID-19 has had an appetite for destruction, but in turn, it’s fueled an appetite for bonds when it comes to pension funds. Pension funds were already well on ta...

Other symbols: IGHGVCSH
4 years ago - ETF Trends

A Healthy Dose of Fixed Income Exposure is a Must in Today’s Market

There’s a lot of uncertainty floating around in the capital markets, but investors can ease their minds by ensuring they get a healthy dose of fixed income exposure in their portfolios.

Other symbols: VCSHYLD
4 years ago - ETF Trends

Companies Are Issuing New Bonds in Order to Pay off Credit Lines

The coronavirus pandemic fueled a credit line maxing bonanza by U.S. companies amid the uncertainty of revenues drying up and cash dwindling due to social distancing restrictions.

Other symbols: GIGBIGHGVCSH
4 years ago - ETF Trends

Now Could Be the Best Time for Corporate Bond Exposure

Investors who are looking to shore up their portfolios with corporate bond exposure, especially with the Federal Reserve stepping in to purchase more debt amid the coronavirus outbreak, now could be a...

Other symbols: IGHGVCSH
4 years ago - ETF Trends

Multi-factor Corporate Bonds Can Thrive Amid Coronavirus Pandemic

Multi-factor strategies aren’t just for equity investors, and it helps to implement this same opportunity screener within the corporate bond market. Viewing corporate bonds through a multi-factor lens...

Other symbols: VCSHYLD
4 years ago - ETF Trends

Corporate Bond ETFs Are Where to Look for Fixed Income Opportunities

The Federal Reserve’s pledge to purchase more corporate bonds to help shore up the economy is putting exchange-traded funds (ETFs) that cater to corporate debt on fixed income investors’ want lists.

Other symbols: IGHGVCSH
4 years ago - ETF Trends

Corporate Bond Downgrades are Spreading like the Coronavirus

As the number of coronavirus cases grows globally, there’s a correlative equivalent in the corporate bond markets—the growing number of downgrades.

Other symbols: IGHGVCSH
4 years ago - ETF Trends

More Investors are Piling into Investment Grade Corporate Bonds

To help shore up the economy, the Federal Reserve is purchasing corporate bonds, but they’re not the only ones. Stock investors are also snatching up corporate bonds, especially the investment-trade t...

Other symbols: IGHGVCSH
4 years ago - ETF Trends

Even in a Low-Rate Environment, Bond Laddering Can Help

The current low-yield environment is certainly putting a strain on fixed income investors who are trying to squeeze out the most yield in this challenging market landscape.

Other symbols: TLT
4 years ago - ETF Trends

Federal Reserve Looking to Snatch Up Corporate Bond ETFs

Exchange-traded funds (ETFs) are regarded for helping to inject liquidity into the bond markets and as such, the Federal Reserve is looking to snatch up these funds as opposed to actual debt issues. T...

Other symbols: IGHGVCSH
4 years ago - ETF Trends

3 Corporate Bond ETFs to Watch as Fed Begins Aggressive Buying Program

The Federal Reserve has its wallet open wide with an initial plan to purchase copious amounts of Treasury notes and mortgage-backed securities.

Other symbols: IGHGVCSH
4 years ago - ETF Trends

Limit Duration Risk in Today’s Low Yield Environment with Bond ETFs

In the current interest rate environment, given the Federal Reserve’s turnaround from its rate-hiking measures in 2018 to its rate-cutting in 2019, it’s difficult to implement a bond strategy without ...

4 years ago - ETF Trends

Is Short Duration the Best Way to Invest in the Bond Markets Right Now?

Given the Federal Reserve’s turnaround from its rate-hiking measures in 2018 to its rate-cutting in 2019, it’s difficult to implement a bond strategy without knowing what the central bank will do in t...

4 years ago - ETF Trends

Fixed-Income ETFs Are on Pace for Their Best Year Yet

The ETF industry continues to attractive billions of dollars in new investor money, and many have turned to fixed-income ETFs this year.

Other symbols: JNKSPAB
4 years ago - ETF Trends

Geopolitical Landscape Could Cause Bond Market Volume to Drop

It’s certainly been the summer of bonds after the equities markets spooked investors into safer haven assets like government debt. The holidays are right around the corner and some analysts are foreca...

4 years ago - ETF Trends