|
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) | $745 |
| 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. |
| -1.5% | 4.2% | 0.9% | 3.0% | 5.8% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 2.20 | 94% |
| S&P500 | 0.70 | 58% |
| MSCI EAFE | 0.77 | 65% |
| MSCI Emg. Mkts. | 0.70 | 57% |
| Recent close | $22.04 |
| 30d moving avg. | $22.22 |
| Annualized volatility | 16.3% |
| Short interest (ETF) | 0.4% |
| Relative strength (RSI) | 77 |
| Avg. volume (thou.) | 637 |
| Avg. daily value traded (mns) | $14 |
| Turnover | 1.9% |
| 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 | 8.90% | -30.3% | $15.36 |
| +200 bp | 7.90% | -22.2% | $17.15 |
| +150 bp | 7.40% | -17.4% | $18.21 |
| +100 bp | 6.90% | -12.1% | $19.37 |
| +75 bp | 6.65% | -9.3% | $20.00 |
| +50 bp | 6.40% | -6.3% | $20.65 |
| +25 bp | 6.15% | -3.2% | $21.33 |
| 0 bp | 5.90% | 0% | $22.04 |
| -25 bp | 5.65% | 3.3% | $22.78 |
| -50 bp | 5.40% | 6.8% | $23.54 |
| -75 bp | 5.15% | 10.4% | $24.33 |
| -100 bp | 4.90% | 14.1% | $25.15 |
| -150 bp | 4.40% | 21.9% | $26.87 |
| -200 bp | 3.90% | 30.2% | $28.69 |
| -300 bp | 2.90% | 48.3% | $32.68 |
*Fund Category: CORPORATE
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
590 | bp |
| Less: Annual "default factor" |
19 | bp |
| Less: Expense ratio | 4 | bp |
| Equals: ALTAR Score | 5.67 | % |
| Average ALTAR Score™ by Category | |
|---|---|
| Aggregate | 3.5% |
| Corporate | 4.5% |
| Emerging Market | 6.2% |
| Government | 4.8% |
| Inflation Protected | 3.0% |
| Mortgage | 5.2% |
| Municipals | 3.4% |
| *Note: The SPDR Portfolio Long Term Corporate Bond ETF is classified as a Corporate fund. | |