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State Street SPDR Portfolio Long Term Corporate Bond ETF
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- 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) | $1,126 |
| 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% |
| 0.0% // | 0.4 % |
| 0.0% // | 0.3 % |
| 0.0% // | 0.3 % |
| 0.0% // | 0.3 % |
| 0.0% // | 0.3 % |
| 0.0% // | 0.3 % |
| 0.0% // | 0.2 % |
| 0.0% // | 0.2 % |
| 0.0% // | 0.2 % |
| 0.0% // | 0.2 % |
| TOTAL | 2.7 % |
|---|
| 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% | 5.4% | -1.5% | 3.3% | 5.5% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 1.98 | 75% |
| S&P500 | 0.21 | 17% |
| MSCI EAFE | 0.24 | 17% |
| MSCI Emg. Mkts. | 0.17 | 10% |
| Recent close | $21.90 |
| 30d moving avg. | $22.67 |
| Annualized volatility | 14.1% |
| Short interest (ETF) | 1.2% |
| Relative strength (RSI) | 36 |
| Avg. volume (thou.) | 5,286 |
| Avg. daily value traded (mns) | $116 |
| Turnover | 10.3% |
| Bid/Ask (% of price) | 0.04 |
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 | 8.93% | -30.3% | $15.27 |
| +200 bp | 7.93% | -22.2% | $17.04 |
| +150 bp | 7.43% | -17.4% | $18.09 |
| +100 bp | 6.93% | -12.1% | $19.25 |
| +75 bp | 6.68% | -9.3% | $19.87 |
| +50 bp | 6.43% | -6.3% | $20.52 |
| +25 bp | 6.18% | -3.2% | $21.20 |
| 0 bp | 5.93% | 0% | $21.90 |
| -25 bp | 5.68% | 3.3% | $22.63 |
| -50 bp | 5.43% | 6.8% | $23.39 |
| -75 bp | 5.18% | 10.4% | $24.17 |
| -100 bp | 4.93% | 14.1% | $24.99 |
| -150 bp | 4.43% | 21.9% | $26.70 |
| -200 bp | 3.93% | 30.2% | $28.51 |
| -300 bp | 2.93% | 48.3% | $32.48 |
*Fund Category: CORPORATE
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
593 | bp |
| Less: Annual "default factor" |
19 | bp |
| Less: Expense ratio | 4 | bp |
| Equals: ALTAR Score | 5.70 | % |
| Average ALTAR Score™ by Category | |
|---|---|
| Aggregate | 2.9% |
| Corporate | 3.8% |
| Emerging Market | 5.3% |
| Government | 6.9% |
| Inflation Protected | 2.2% |
| Mortgage | 4.6% |
| Municipals | 3.2% |
| *Note: The State Street SPDR Portfolio Long Term Corporate Bond ETF is classified as a Corporate fund. | |