# State Street SPDR Portfolio Aggregate Bond ETF (SPAB): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/spab for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: SPDR · Asset class: Fixed Income - Strategy: Passive Index · Inception: 2007-05-23 The State Street SPDR Portfolio Aggregate Bond ETF (SPAB) aims to closely match the price appreciation and income generation of the Bloomberg U.S. Aggregate Bond Index, before accounting for its own management fees and expenses. This ETF is a cost-effective member of the core SPDR Portfolio suite, designed to serve as a foundational component for diversified investment portfolios. It provides broad, economical access to a comprehensive range of US dollar-denominated, investment-grade fixed income securities. This includes government debt, corporate bonds, mortgage pass-through securities, c... ## Key Facts | Metric | Value | |---|---| | Price | $24.71 | | Expense Ratio | 0.03% | | Assets Under Management | $10.46B | | NAV | $24.75 | | Holdings Count | 8801 | | Distribution Yield (TTM) | 4.22% | | Annual Distribution (TTM) | $1.04 /share | | Distribution Frequency | Monthly | | 52-Week Range | $24.17 – $26.17 | | Beta | 1.00 | ## Latest Distribution - Amount: $0.0890 /share - Ex-date: 2026-10-01 - Pay date: 2026-10-06 ## Frequently Asked Questions ### What does SPAB invest in? The State Street SPDR Portfolio Aggregate Bond ETF (SPAB) aims to closely match the price appreciation and income generation of the Bloomberg U.S. Aggregate Bond Index, before accounting for its own management fees and expenses. This ETF is a cost-effective member of the core SPDR Portfolio suite, designed to serve as a foundational component for diversified investment portfolios. It provides broad, economical access to a comprehensive range of US dollar-denominated, investment-grade fixed income securities. This includes government debt, corporate bonds, mortgage pass-through securities, commercial mortgage-backed securities, and asset-backed securities. The underlying index utilizes a market capitalization weighting scheme and is rebalanced on the final business day of each month. ### What is the expense ratio of SPAB? State Street SPDR Portfolio Aggregate Bond ETF (SPAB) charges an expense ratio of 0.03%. This is the annual fee deducted from fund assets to cover management and operations. ### What is SPAB's dividend yield? SPAB's trailing-twelve-month yield is 4.22%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of SPAB? Effective duration measures SPAB's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. SPAB's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of SPAB? SPAB's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds. ### What is the yield to maturity of SPAB? Yield to maturity (YTM) is the total return you'd earn from SPAB if every bond in the portfolio is held to maturity at the current price. SPAB's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid. ### Does SPAB pay a dividend? Yes, State Street SPDR Portfolio Aggregate Bond ETF (SPAB) distributes dividends to shareholders. The trailing-twelve-month yield is 4.22%. Full dividend history is on this page. ### How often does SPAB pay dividends? State Street SPDR Portfolio Aggregate Bond ETF pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is SPAB's next ex-dividend date? The most recently announced ex-dividend date for SPAB was 2026-10-01. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will SPAB's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.03% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does SPAB charge its expense ratio? The expense ratio is deducted in tiny daily slices from SPAB's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does SPAB cost more than a fund like VOO? SPAB is a passive index fund (current expense ratio 0.03%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to SPAB? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as SPAB (0.03%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/spab - Distribution history: https://www.dividenddata.com/funds/spab/dividend - Holdings & diversification: https://www.dividenddata.com/funds/spab/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/spab/expenses - Peer comparison: https://www.dividenddata.com/funds/spab/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.