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 Intermediate US Corporate Index (the Index ). The Bloomberg U.S. Intermediate Corporate Bond Index (the 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 Bloomberg U.S. Corporate Index and includes investment grade, fixed-rate, taxable, U.S. dollar denominated debt with $300 million or more of par amount outstanding, issued by U.S. and non-U.S. industrial, utility, and financial institutions. Subordinated issues, securities with normal call and put provisions and sinking funds, medium-term notes (if they are publicly underwritten), 144A securities with registration rights, and global issues that are SEC-registered are included. Structured notes with embedded swaps or other special features, as well as private placements, floating- rate securities, and Eurobonds are excluded from the Index.
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 Bloomberg U.S. Intermediate Corporate Bond 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 October 2021
Asset Under Management 6125.83 Million (USD)
1 Month Total Return -0.97 %
Year To Date Return -1.24 %
1 Year Total Return 0.21 %
3 Year Annualized Total Return 5.72 %
NAV 36.3335
Share Outstanding 168,600,000
Top 10 Holdings (15 October 2021)
Constituent Name Constituent Ticker Constituent Type Weighting
BANK OF AMERICA CORP 3.419 12/20/2028 BOND 0.0030700800
ABBVIE INC 3.2 11/21/2029 BOND 0.0017289300
BOEING CO 2.196 02/04/2026 BOND 0.0016467500
TMOBILE USA INC 3.875 04/15/2030 BOND 0.0016311000
AT&T INC 1.7 03/25/2026 BOND 0.0014984100
JPMORGAN CHASE & CO 2.776 04/25/2023 BOND 0.0014654400
HSBC HOLDINGS PLC 3.033 11/22/2023 BOND 0.0014617600
APPLE INC 1.4 08/05/2028 BOND 0.0014081300
APPLE INC 2.4 05/03/2023 BOND 0.0013886200