State Street SPDR Portfolio Short Term Corporate Bond ETF

Frequently Asked Questions About SPSB

What does SPSB invest in?

SPSB delivers marketlike exposure to short-term US investment-grade corporate bonds. The fund holds USD-denominated, fixed rate and nonconvertible corporate issues, with 1 to 3 years remaining to maturity. The sectors included are Industrial, Utility, and Financial Institutions, which include both U.S. and non-US corporations. SPSB excludes structured notes with special features, private placements, floating rate securities, and Eurobonds. The underlying index is reconstituted monthly. SPSB uses a sampling index strategy, which purchases a subset of securities that matches the return, and risk characteristics of the underlying index. Prior to Oct. 31, 2025, the fund did not use the State Street brand reference in the fund name.

What is the expense ratio of SPSB?

State Street SPDR Portfolio Short Term Corporate Bond ETF (SPSB) charges an expense ratio of 0.04%. This is the annual fee deducted from fund assets to cover management and operations.

What is SPSB's dividend yield?

SPSB's trailing-twelve-month yield is 4.37%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of SPSB?

Effective duration measures SPSB's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. SPSB's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of SPSB?

SPSB'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 SPSB?

Yield to maturity (YTM) is the total return you'd earn from SPSB if every bond in the portfolio is held to maturity at the current price. SPSB'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.