SPAB

State Street SPDR Portfolio Aggregate Bond ETF

$25.79

+0.00%

Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The SPDR Portfolio Aggregate Bond ETF (SPAB) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Bloomberg U.S. Aggregate Bond Index.

Overview

ETF tracking State Street SPDR Portfolio Aggregate Bond ETF

Category Fixed Income

Issuer State Street

Inception Date 2008-11-07

Market Cap $8.6B

Average Volume N/A

Dividend Yield 3.28%

52-Week Range $24.73 - $26.12

VWAP $25.82

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The SPDR Portfolio Aggregate Bond ETF (SPAB) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Bloomberg U.S. Aggregate Bond Index.

🎯 Investment Strategy

The fund invests in a diversified portfolio of fixed-income securities that are included in the Bloomberg U.S. Aggregate Bond Index, which covers the U.S. investment-grade bond market. The fund uses a sampling strategy to track the index, holding a representative selection of securities rather than all the index constituents.

✨ Key Features

Broad exposure to the U.S. investment-grade bond market
Low-cost index-tracking strategy
Diversified portfolio of government, corporate, and mortgage-backed securities
Suitable for core fixed-income allocation in a portfolio

⚠️ Primary Risks

Interest rate risk: Bond prices may decline as interest rates rise
Credit risk: Issuers may default on their debt obligations
Liquidity risk: Difficulty in buying or selling certain bonds
Tracking error risk: The fund may not perfectly track its underlying index

👤 Best For

This ETF is best suited for investors seeking broad exposure to the U.S. investment-grade bond market as a core fixed-income allocation within a diversified portfolio. It may be appropriate for investors with a medium to long-term investment horizon and a moderate risk tolerance.