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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) | $1,170 |
| Currency | USD |
| Expense ratio | 4 bp |
| Distributions | Monthly |
| Regulation | Open-Ended Fund |
| 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. |
| -6.4% | -7.0% | -3.8% | 0.9% | 4.8% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 1.90 | 84% |
| S&P500 | 0.29 | 21% |
| MSCI EAFE | 0.27 | 27% |
| MSCI Emg. Mkts. | 0.13 | 17% |
| Recent close | $20.30 |
| 30d moving avg. | $21.58 |
| Annualized volatility | 14.1% |
| Short interest (ETF) | 2.4% |
| Relative strength (RSI) | 43 |
| Avg. volume (thou.) | 3,113 |
| Avg. daily value traded (mns) | $63 |
| Turnover | 5.4% |
| Bid/Ask (% of price) | 0.05 |
DISTRIBUTION YIELD (TRAILING 12 MONTHS)
| SPLB | 13.5 yrs | Category Avg.* |
5.5 yrs |
| SPLB | 13.1% | Category Avg.* |
5.4% |
| Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
| +300 bp | 9.47% | -30.3% | $14.15 |
| +200 bp | 8.47% | -22.2% | $15.79 |
| +150 bp | 7.97% | -17.4% | $16.77 |
| +100 bp | 7.47% | -12.1% | $17.84 |
| +75 bp | 7.22% | -9.3% | $18.42 |
| +50 bp | 6.97% | -6.3% | $19.02 |
| +25 bp | 6.72% | -3.2% | $19.65 |
| 0 bp | 6.47% | 0% | $20.30 |
| -25 bp | 6.22% | 3.3% | $20.98 |
| -50 bp | 5.97% | 6.8% | $21.68 |
| -75 bp | 5.72% | 10.4% | $22.41 |
| -100 bp | 5.47% | 14.1% | $23.16 |
| -150 bp | 4.97% | 21.9% | $24.74 |
| -200 bp | 4.47% | 30.2% | $26.43 |
| -300 bp | 3.47% | 48.3% | $30.10 |
*Fund Category: CORPORATE
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
647 | bp |
| Less: Annual "default factor" |
19 | bp |
| Less: Expense ratio | 4 | bp |
| Equals: ALTAR Score | 6.24 | % |
| Average ALTAR Score™ by Category | |
|---|---|
| Aggregate | 2.9% |
| Corporate | 4.3% |
| Emerging Market | 5.6% |
| Government | 7.1% |
| Inflation Protected | 2.2% |
| Mortgage | 4.6% |
| Municipals | 3.4% |
| *Note: The State Street SPDR Portfolio Long Term Corporate Bond ETF is classified as a Corporate fund. | |