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SPDR Portfolio Short Term Corporate Bond ETF (SPSB)

29.92 -0.02 (-0.07%)
At close: 4:00 PM EST
29.92 0.00 (0.00%)
After hours: 5:16 PM EST

ETF Summary

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 short term U.S. corporate bond market.

ETF Overview

Category Short-Term Bond
Fund Family SPDR State Street Global Advisors
Net Assets 8.12B
YTD Daily Total Return 4.69%
Yield 4.80%
Legal Type Exchange Traded Fund

ETF Operations

Attributes SPSB Category Average
Annual Report Expense Ratio (net) 0.04% 0.64%
Holdings Turnover 51.00% 123.20%
Total Net Assets 0.00 0.00

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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