FMP
SPDR Portfolio Corporate Bond ETF
SPBO
AMEX
The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to measure the performance of the investment grade corporate bond market.
28.54 USD
-0.11 (-0.385%)
Latest SPBO News
Seeking Alpha
Jun 20, 2024
SPBO: Intermediate Duration Corporate Bond Fund, 5.4% Yield
Institutions prefer intermediate duration bonds in the current high rate environment. The SPDR Portfolio Corporate Bond ETF seeks to mimic the Bloomberg U.S. Corporate Bond Index. The fund invests in a diversified portfolio of investment-grade corporate bonds with an average maturity of 7 years. It currently offers a yield of 5.34%.
Seeking Alpha
Mar 29, 2024
SPBO: High Quality Corporate Bond Exposure In A Single Fund
SPDR Portfolio Corporate Bond ETF offers access to high-quality investment-grade corporate bonds with a diverse and broad-based portfolio. SPBO's holdings primarily consist of investment-grade corporate bonds with low default rates, providing a relatively safer investment option. The ETF has a high yield and potential for long-term capital appreciation, making it an attractive choice for income investors.
Seeking Alpha
Mar 4, 2024
The Credit Opportunity In M&A
M&A was almost dormant in 2023. In the US, as a proportion of the market value of the benchmark equity indices, it fell to its lowest level in 20 years, according to McKinsey. Credit investors are not traditionally supposed to be fans of M&A, and it's true we are wary of leveraging M&A, where debt is loaded onto balance sheets to buy competitors. We are seeing a comeback for M&A that we think is likely to continue through 2024.
Seeking Alpha
Sep 25, 2023
SPBO: Long-Term Income Investors Should Own This Fund
SPBO offers an attractive yield of 6% and a high-quality investment grade portfolio. The fund has declined significantly in 2022 and is still exhibiting weakness in 2023, but income investors should see this as a buying opportunity. Market fears, such as an economic recession, may negatively impact investment grade corporate bonds, but investors should take advantage of the opportunity to accumulate more shares.
ETF Trends
Sep 11, 2023
What's the Right Price for an ETF?
ETFs are the instrument of choice for millions of investors in the U.S. Through a single trade and for a relatively low price, an investor gains broad exposure to a market, sector or niche. They don't have to go out and purchase dozens of individual securities for diversification.
ETFcom
Jul 1, 2021
State Street Drops Price On 2 Bond ETFs
The 0.03% price makes SPAB and SPBO cheaper than competing funds.
