SPDR Bloomberg SASB Corporate Bond ESG Select ETF

Frequently Asked Questions About RBND

What does RBND invest in?

Normally, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. It is non-diversified.

What is the expense ratio of RBND?

SPDR Bloomberg SASB Corporate Bond ESG Select ETF (RBND) charges an expense ratio of 0.12%. This is the annual fee deducted from fund assets to cover management and operations.

How big is RBND?

SPDR Bloomberg SASB Corporate Bond ESG Select ETF (RBND) manages $22.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is RBND actively managed or an index fund?

RBND is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (RBND's is 0.12%) because there's no security selection cost.

When was RBND launched?

SPDR Bloomberg SASB Corporate Bond ESG Select ETF (RBND) launched in November 2020 and is managed by SPDR.

How has RBND performed?

RBND's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.