Fund Description
The SPDR Portfolio Intermediate Term Corporate Bond ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg Barclays Intermediate US Corporate Index (the "Index"). The Bloomberg Barclays U.S. Intermediate Corporate Bond Index is designed to measure the performance of U.S. corporate bonds that have a maturity of greater than or equal to 1 year and less than 10 years. The Index is a component of the Barclays U.S. Corporate Index and includes investment grade, fixed-rate, taxable, U.S. dollar-denominated debt with $250 million or more par amount outstanding, issued by U.S. and non-U.S. industrial, utility, and financial institutions.
Fund Profile
Fund Name SPDR Portfolio Intermediate Term Corporate Bond ETF
Fund Exchange Ticker SPIB
Fund Sponsor State Street (SPDR)
Fund ISIN US78464A3757
Net Expense Ratio 0.07 %
Fund Inception Date 10 February 2009
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Corporate
Asset Class Bonds
Index Linked Passive
Index Name Barclays Capital Intermediate U.S. Corporate Index
Index Provider Bloomberg
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Bond Type Corporate
Credit Quality Investment Grade Only
Average Maturity Intermediate (3-10) years
Bond Currency Denomination USD
Key Statistics
Return As of Date 18 January 2019
Asset Under Management 4052.07 Million (USD)
1 Month Total Return 0.98 %
Year To Date Return 0.70 %
1 Year Total Return 0.79 %
3 Year Annualized Total Return 2.56 %
NAV 33.2137
Share Outstanding 122,000,000
Top 10 Holdings (17 January 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
CVS HEALTH CORP 4.3 03/25/2028 BOND 0.0020551000
JPMORGAN CHASE & CO 4.023 12/05/2024 BOND 0.0020381400
HSBC HOLDINGS PLC 4.292 09/12/2026 BOND 0.0016955000
STATE ST INST US GOV MM-G 0 00/00/0000 BOND 0.0016891400
CVS HEALTH CORP 3.7 03/09/2023 BOND 0.0016122200
COMCAST CORP 3.95 10/15/2025 BOND 0.0015615200
BANK OF AMERICA CORP 2.738 01/23/2022 BOND 0.0015194600