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About SPDR Portfolio Corporate Bond ETF
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Inception date
Apr 6, 2011
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
SSgA Funds Management, Inc.
Distributor
State Street Corp. (Fund Distributor)
ISIN
US78464A1447
SPBO uses a sampling strategy to track the performance of a broad, diversified US dollar denominated corporate bond index. The fund aims to provide the same risk and return characteristics as the index but may include some debt securities not in the index, cash and equivalents for management purposes, and derivatives for exposure and cash flow management. If the Index concentrates in certain industries, the fund's holdings may do so as well. The index is rebalanced monthly. Prior to July 31, 2018, the fund tracked the Bloomberg Issuer Scored Corporate Index. Prior to September 23, 2019, the fund was known as the SPDR Bloomberg Barclays Corporate Bond ETF and traded under the ticker CBND.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Bonds, Cash & Other100.00%
Corporate99.62%
Mutual fund0.38%
Stock breakdown by region
North America90.00%
Europe6.63%
Asia2.57%
Oceania0.78%
Latin America0.03%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SPBO last dividends amounted to 0.12 USD. The month before, the issuer paid 0.12 USD in dividends, which shows a 0.50% decrease.
SPBO assets under management is 1.73 B USD. It's risen 0.94% over the last month.
SPBO fund flows account for 68.24 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, SPBO pays dividends to its holders with the dividend yield of 5.08%. The last dividend (Sep 5, 2025) amounted to 0.12 USD. The dividends are paid monthly.
SPBO shares are issued by State Street Corp. under the brand SPDR. The ETF was launched on Apr 6, 2011, and its management style is Passive.
SPBO expense ratio is 0.03% meaning you'd have to pay 0.03% of your investment to help manage the fund.
SPBO follows the Bloomberg US Corporate Investment Grade. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SPBO invests in bonds.
SPBO price has risen by 0.80% over the last month, and its yearly performance shows a −1.83% decrease. See more dynamics on SPBO price chart.
NAV returns, another gauge of an ETF dynamics, showed a 3.20% increase in three-month performance and has increased by 3.59% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 3.20% increase in three-month performance and has increased by 3.59% in a year.
SPBO trades at a premium (0.03%) meaning the ETF is trading at a higher price than the calculated NAV.