SPBO: A Balanced Fixed-Income Approach

(6min)

Summary

  • The SPDR Portfolio Corporate Bond ETF tracks the Bloomberg U.S. Corporate Bond Index, managing $1.83B at a 0.03% expense ratio, offering a 5.20% yield.
  • Its portfolio includes thousands of investment-grade corporate bonds at various maturities but a short duration.
  • While SPBO's bullish case is strong, investors should know some risks in order to navigate them with a better understanding and hopefully higher confidence.
State Street headquarters in Boston, MA, USA

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The SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO), launched on 04/06/2011 by State Street Global Advisors, Inc. and managed by SSGA Funds Management, Inc., is an ETF that tracks the performance of the Bloomberg U.S. Corporate Bond Index.

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