SPDR Portfolio Intermediate Term Corporate Bond ETF logo

SPDR Portfolio Intermediate Term Corporate Bond ETFNYSE American: SPIB

Profile

Assets class:

Equity

Assets under management:

$9 B

Average volume:

$4 M

Domicile:

US

Expense ratio:

0.04%

Inception date:

20 February 2009

Last dividends:

03 September 2024

Next dividends:

N/A
Name
Weight
SSI US GOV MONEY MARKET CLASS
0.25 %
BANK OF AMERICA CORP SUBORDINATED 08/35 VAR
0.18 %
WELLS FARGO & COMPANY SR UNSECURED 04/28 VAR
0.16 %
US DOLLAR
0.15 %
BANK OF AMERICA CORP SR UNSECURED 07/27 VAR
0.15 %
MORGAN STANLEY SR UNSECURED 07/28 VAR
0.14 %
GOLDMAN SACHS GROUP INC SUBORDINATED 10/25 4.25
0.13 %
MORGAN STANLEY SR UNSECURED 07/27 VAR
0.12 %
BANK OF AMERICA CORP SR UNSECURED 12/28 VAR
0.12 %

Top countries

Name
Weight
Other
100.00 %

Dividend yield TTM

$0.1212.39%

SPIB Latest News

SPIB: A Negative Spike Is When You Should Buy This Fund
Seeking Alpha07 November 2023 Sentiment: -

SPIB is an ETF that holds a portfolio of U.S. investment grade corporate bonds with a yield of nearly 6%. The fund's price has declined since 2021 due to rising interest rates, but it has outperformed its longer duration peer. Despite low credit risk, SPIB's fund price can still fall sharply in market turmoil, but these negative spikes can be buying opportunities for long-term investors.

What is SPIB ETF?

The fund 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 U.S. corporate bonds that have a maturity of greater than or equal to 1 year and less than 10 years.

What is SPIB assets class?

Assets class of SPIB ETF is 'Equity'

What is SPIB assets under management?

Assets under management of SPIB ETF is $9 B

What is SPIB average volume?

Average volume of SPIB ETF is $4 M

What is SPIB domicile?

Domicile of SPIB ETF is US

What is SPIB expense ratio?

Expense ratio of SPIB ETF is 0.04%

What is SPIB inception date?

Inception date of SPIB ETF is 20 February 2009

What is SPIB website?

Website of SPIB ETF is https://www.ssga.com/us/en/institutional/etfs/funds/spdr-portfolio-intermediate-term-corporate-bond-etf-spib