SPSB

Fund Description
The SPDR Portfolio Short 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 U.S. 1-3 Year Corporate Bond Index (the "Index"). The Bloomberg Barclays U.S. 1-3 Year Corporate Bond Index is designed to measure the performance of the short term U.S. corporate bond market. The Index includes publicly issued U.S. dollar denominated corporate issues that have a remaining maturity of greater than or equal to 1 year and less than 3 years, are rated investment grade (must be Baa3/BBB- or higher using the middle rating of Moodys Investor Service, Inc., Standard & Poors, and Fitch Rating), and have $250 million or more of outstanding face value. In addition, the securities must be Securities and Exchange Commission ("SEC") registered, denominated in U.S. dollars, fixed rate and non-convertible. The Index includes only corporate sectors. The corporate sectors are Industrial, Utility, and Financial Institutions, which include both U.S. and non-U.S. corporations. The following instruments are excluded from the Index: structured notes with embedded swaps or other special features; private placements; floating rate securities; and Eurobonds. The Index is market capitalization weighted and the securities in the Index are updated on the last business day of each month.
Fund Profile
Fund Name SPDR Portfolio Short Term Corporate Bond ETF
Fund Exchange Ticker SPSB
Fund Sponsor State Street (SPDR)
Fund ISIN US78464A4748
Net Expense Ratio 0.07 %
Fund Inception Date 16 December 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 U.S. 1-3 Year 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 Short (1-3 years)
Bond Currency Denomination USD
Key Statistics
Return As of Date 19 July 2019
Asset Under Management 5403.16 Million (USD)
1 Month Total Return
Year To Date Return
1 Year Total Return
3 Year Annualized Total Return
NAV 30.7172
Share Outstanding 175,900,000
Top 10 Holdings (18 July 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
GE CAPITAL INTL FUNDING BOND 0.0066926900
ORACLE CORP 1.9 09/15/2021 BOND 0.0044567200
MORGAN STANLEY 2.625 11/17/2021 BOND 0.0041057300
GOLDMAN SACHS GROUP INC BOND 0.0040543700
ABBOTT LABORATORIES BOND 0.0033674500
FORD MOTOR CREDIT CO LLC BOND 0.0032672800
HSBC HOLDINGS PLC 2.65 01/05/2022 BOND 0.0032069700
WELLS FARGO BANK NA 3.625 10/22/2021 BOND 0.0032015600
BANK OF AMERICA CORP 2.369 07/21/2021 BOND 0.0031786800
ALLERGAN FUNDING SCS BOND 0.0031765000