|
SPDR Portfolio Long Term Corporate Bond ETF
|
|||||||||||||||||
- Description
- Performance
- Fundamentals
- Rate Sensitivity
- Rating
| SPDR Barclays Long Term Corporate Bond ETF is an exchange-traded fund incorporated in the USA, The Fund's objective is to provide investment results that correspond generally to the total return performance of the Barclays Long U.S. Corporate Index. |
| Category | Corporate |
| Fund Sponsor | SSgA Funds Management Inc |
| Website | www.spdrs.com |
| Inception date | Mar 10, 2009 |
| Assets (mns) | $1,157 |
| Currency | USD |
| Expense ratio | 4 bp |
| Distributions | Monthly |
| Regulation | Open-End Investment Company |
| Custodian | State Street Bank & Trust Co |
| Weighting | Market Cap |
| Index replication | Optimized |
| No. of constituents | 2798 |
| No of distinct issuers | 785 |
| Inflation protected | 0% |
| Variable/Fixed coupon | 6% /94% |
| Non-standard maturity (callable, etc.) | 75% |
| ANHEUSER-BUSCH COS. L 4.9% 2/01/46 | 0.7 % |
| 0.0% /00/00 | 0.5 % |
| CVS HEALTH CORPORATIO 5.1% 3/25/48 | 0.5 % |
| GOLDMAN SACHS GROUP, 6.8% 1/01/37 | 0.4 % |
| MICROSOFT CORPORATION 4.5% 11/03/45 | 0.3 % |
| GE CAPITAL INTERNATIO 4.4% 11/15/35 | 0.3 % |
| VERIZON COMMUNICATION 4.9% 8/21/46 | 0.3 % |
| GOLDMAN SACHS GROUP, 4.8% 7/08/44 | 0.3 % |
| HOME DEPOT, INC. 5.9% 12/16/36 | 0.3 % |
| GENERAL ELECTRIC CAPI 6.8% 3/15/32 | 0.3 % |
| TOTAL | 4.0 % |
|---|
| COMCAST CORPORATION | 1.8% |
| AT&T INC. | 1.8% |
| UNITEDHEALTH GROUP INCORPORATED | 1.2% |
| APPLE INC. | 1.2% |
| ORACLE CORPORATION | 1.2% |
 |
UNITED STATES | 89.2 % |
 |
CANADA | 2.1 % |
 |
NETHERLANDS | 1.2 % |
 |
BRITAIN | 0.9 % |
 |
UNITED KINGDOM | 0.9 % |
HISTORICAL RETURNS 
| Custom date range | Compare to | ||
| thru |
| Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
| 2.4% | 4.2% | -2.6% | 1.9% | 5.4% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 2.16 | 95% |
| S&P500 | 0.75 | 61% |
| MSCI EAFE | 0.83 | 72% |
| MSCI Emg. Mkts. | 0.76 | 61% |
| Recent close | $21.85 |
| 30d moving avg. | $22.37 |
| Annualized volatility | 16.8% |
| Short interest (ETF) | 1.8% |
| Relative strength (RSI) | 42 |
| Avg. volume (thou.) | 3,378 |
| Avg. daily value traded (mns) | $74 |
| Turnover | 6.4% |
| Bid/Ask (% of price) | 0.05 |
DISTRIBUTION YIELD (TRAILING 12 MONTHS)
| SPLB | 13.5 yrs | Category Avg.* |
4.6 yrs |
| SPLB | 13.1% | Category Avg.* |
4.5% |
| Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
| +300 bp | 8.98% | -30.3% | $15.23 |
| +200 bp | 7.98% | -22.2% | $17.00 |
| +150 bp | 7.48% | -17.4% | $18.05 |
| +100 bp | 6.98% | -12.1% | $19.21 |
| +75 bp | 6.73% | -9.3% | $19.83 |
| +50 bp | 6.48% | -6.3% | $20.47 |
| +25 bp | 6.23% | -3.2% | $21.15 |
| 0 bp | 5.98% | 0% | $21.85 |
| -25 bp | 5.73% | 3.3% | $22.58 |
| -50 bp | 5.48% | 6.8% | $23.34 |
| -75 bp | 5.23% | 10.4% | $24.12 |
| -100 bp | 4.98% | 14.1% | $24.93 |
| -150 bp | 4.48% | 21.9% | $26.63 |
| -200 bp | 3.98% | 30.2% | $28.45 |
| -300 bp | 2.98% | 48.3% | $32.40 |
*Fund Category: CORPORATE
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
598 | bp |
| Less: Annual "default factor" |
19 | bp |
| Less: Expense ratio | 4 | bp |
| Equals: ALTAR Score | 5.75 | % |
| Average ALTAR Score™ by Category | |
|---|---|
| Aggregate | 3.3% |
| Corporate | 4.4% |
| Emerging Market | 6.2% |
| Government | 7.2% |
| Inflation Protected | 2.5% |
| Mortgage | 5.1% |
| Municipals | 3.6% |
| *Note: The SPDR Portfolio Long Term Corporate Bond ETF is classified as a Corporate fund. | |