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 23 June 2022
Asset Under Management 5517.21 Million (USD)
1 Month Total Return -2.40 %
Year To Date Return -9.40 %
1 Year Total Return -9.71 %
3 Year Annualized Total Return -0.24 %
NAV 32.5691
Share Outstanding 169,400,000
Top 10 Holdings (23 June 2022)
Constituent Name Constituent Ticker Constituent Type Weighting
APPLE INC 1.125 05/11/2025 BOND 0.0025687300
TMOBILE USA INC 3.875 04/15/2030 BOND 0.0016333300
BANK OF AMERICA CORP 1.734 07/22/2027 BOND 0.0016194600
JPMORGAN CHASE & CO 2.005 03/13/2026 BOND 0.0015563100
ORACLE CORP 2.875 03/25/2031 BOND 0.0015410800
BANK OF AMERICA CORP 3.384 04/02/2026 BOND 0.0014877200
AMAZON.COM INC 1.65 05/12/2028 BOND 0.0014847800
JPMORGAN CHASE & CO 2.083 04/22/2026 BOND 0.0014775200
BANK OF AMERICA CORP 3.419 12/20/2028 BOND 0.0014773200