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Trending ETFs

SPDR® Portfolio Corporate Bond ETF

ETF
CBND
Payout Change
None
Price as of:
$33.69 +0.18 +0.54%
primary theme
N/A
CBND (ETF)

SPDR® Portfolio Corporate Bond ETF

Payout Change
None
Price as of:
$33.69 +0.18 +0.54%
primary theme
N/A
CBND (ETF)

SPDR® Portfolio Corporate Bond ETF

Payout Change
None
Price as of:
$33.69 +0.18 +0.54%
primary theme
N/A

Name

As of 09/20/2019

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$33.69

$341 M

0.00%

0.03%

Vitals

YTD Return

-5.7%

1 yr return

-10.3%

3 Yr Avg Return

1.0%

5 Yr Avg Return

2.0%

Net Assets

$341 M

Holdings in Top 10

2.0%

52 WEEK LOW AND HIGH

$29.5
$28.93
$35.84

Expenses

OPERATING FEES

Expense Ratio 0.03%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 21.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 09/20/2019

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$33.69

$341 M

0.00%

0.03%

CBND - Profile

Distributions

  • YTD Total Return -14.5%
  • 3 Yr Annualized Total Return 1.0%
  • 5 Yr Annualized Total Return 2.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.47%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    SPDR® Portfolio Corporate Bond ETF
  • Fund Family Name
    SPDR State Street Global Advisors
  • Inception Date
    Apr 06, 2011
  • Shares Outstanding
    11200000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Kyle Kelly

Fund Description


CBND - Performance

Return Ranking - Trailing

Period CBND Return Category Return Low Category Return High Rank in Category (%)
YTD -5.7% -37.4% 3.2% 78.55%
1 Yr -10.3% -22.5% 163.5% 48.74%
3 Yr 1.0%* -13.4% 33.3% 29.59%
5 Yr 2.0%* -10.0% 21.5% 15.46%
10 Yr 2.7%* -4.1% 9.4% 8.00%

* Annualized

Return Ranking - Calendar

Period CBND Return Category Return Low Category Return High Rank in Category (%)
2023 -3.9% -27.3% 144.0% 27.74%
2022 7.1% -15.7% 31.5% 10.21%
2021 10.7% -13.0% 34.5% 0.78%
2020 -5.2% -52.0% 4.7% 98.17%
2019 2.2% -3.1% 13.4% 1.69%

Total Return Ranking - Trailing

Period CBND Return Category Return Low Category Return High Rank in Category (%)
YTD -14.5% -37.4% 2.2% 87.61%
1 Yr -10.3% -22.5% 163.5% 49.06%
3 Yr 1.0%* -13.4% 33.3% 34.04%
5 Yr 2.0%* -10.0% 21.5% 26.34%
10 Yr 2.7%* -4.1% 9.7% 8.00%

* Annualized

Total Return Ranking - Calendar

Period CBND Return Category Return Low Category Return High Rank in Category (%)
2023 -3.9% -27.3% 144.0% 27.74%
2022 7.1% -15.7% 31.5% 10.21%
2021 10.7% -13.0% 34.5% 0.79%
2020 -5.2% -14.8% 4.7% 98.63%
2019 2.2% -3.1% 13.4% 1.69%

CBND - Holdings

Concentration Analysis

CBND Category Low Category High CBND % Rank
Net Assets 341 M 6.52 M 44.4 B 55.36%
Number of Holdings 2870 2 9191 1.49%
Net Assets in Top 10 6.85 M -29.6 M 3.34 B 54.33%
Weighting of Top 10 2.03% 1.8% 100.0% 99.10%

Top 10 Holdings

  1. Bank of America Corporation 5% 0.31%
  2. Amazon.com, Inc. 4.05% 0.28%
  3. Goldman Sachs Group, Inc. 3.75% 0.28%
  4. AT&T Inc 4.75% 0.25%
  5. Owl Rock Capital Corporation 5.25% 0.24%
  6. Comcast Corporation 4.15% 0.24%
  7. Barclays PLC 4.61% 0.24%
  8. Goldman Sachs Group, Inc. 3% 0.24%
  9. Shell International Finance B.V. 4% 0.24%
  10. Apple Inc. 2.45% 0.23%

Asset Allocation

Weighting Return Low Return High CBND % Rank
Bonds
95.40% 15.65% 141.47% 56.42%
Convertible Bonds
4.12% 0.00% 78.47% 40.60%
Cash
0.48% -49.09% 54.19% 47.16%
Stocks
0.00% 0.00% 5.27% 82.69%
Preferred Stocks
0.00% 0.00% 9.18% 85.67%
Other
0.00% -38.92% 3.98% 81.19%

Bond Sector Breakdown

Weighting Return Low Return High CBND % Rank
Corporate
99.22% 41.80% 100.00% 32.54%
Cash & Equivalents
0.48% 0.00% 54.19% 56.72%
Securitized
0.30% 0.00% 23.18% 44.78%
Derivative
0.00% 0.00% 27.02% 85.07%
Municipal
0.00% 0.00% 3.62% 89.85%
Government
0.00% 0.00% 25.63% 94.63%

Bond Geographic Breakdown

Weighting Return Low Return High CBND % Rank
US
82.28% 0.00% 122.90% 42.09%
Non US
13.12% 0.00% 47.05% 62.99%

CBND - Expenses

Operational Fees

CBND Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.03% 0.03% 3.62% 100.00%
Management Fee 0.03% 0.00% 1.35% 4.89%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.02% 0.45% N/A

Sales Fees

CBND Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 4.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

CBND Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

CBND Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 21.00% 0.00% 259.00% 12.02%

CBND - Distributions

Dividend Yield Analysis

CBND Category Low Category High CBND % Rank
Dividend Yield 0.00% 0.00% 25.68% 34.63%

Dividend Distribution Analysis

CBND Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

CBND Category Low Category High CBND % Rank
Net Income Ratio 2.47% 0.38% 7.58% 29.49%

Capital Gain Distribution Analysis

CBND Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

CBND - Fund Manager Analysis

Managers

Kyle Kelly


Start Date

Tenure

Tenure Rank

Oct 31, 2012

9.59

9.6%

Kyle Kelly, CFA, FRM, is a Vice President of SSGA and a Portfolio Manager in the Fixed Income Beta Solutions Group where he manages high yield and investment grade credit ETFs and separate accounts since 2012. Prior to joining the portfolio management team, he worked as an investment risk management analyst focused on SSGA's fixed income and multi-asset-class products. Mr. Kelly graduated from Boston College with a Bachelor of Arts in Communication and Economics. He earned the Chartered Financial Analyst (CFA) designation and the Financial Risk Manager (FRM) designation. He is a member of the CFA Institute, CFA Society Boston, Inc., and the Global Association of Risk Professionals. He began his investment career in 2007 and has a BA from Boston College.

Christopher DiStefano


Start Date

Tenure

Tenure Rank

Oct 31, 2014

7.59

7.6%

Christopher DiStefano is a Vice President of SSGA and a Portfolio Manager in the Fixed Income Beta Solutions Group within the Fixed Income, Cash and Currency Team. He joined the firm in 2010 and is responsible for managing several funds and ETFs within the investment-grade credit, government/credit, and short duration sectors. Prior to his current role, Mr. DiStefano was a member of the Global Graduate Rotational Program at SSGA, a two year cross-functional program engineered to provide candidates with a diverse skill set and a broad perspective. Previously, Mr. DiStefano worked as an engineer within the real estate development and transportation industries. Mr. DiStefano holds a Master of Business Administration from the Carroll School of Management at Boston College, and a Master of Science and Bachelor of Science in Civil Engineering from the University of Illinois and Union College, respectively.

Michael Brunell


Start Date

Tenure

Tenure Rank

Oct 31, 2018

3.58

3.6%

Mike Brunell, CFA, is a Vice President of SSGA and has been a member of the Fixed Income portfolio management team since 2004. In his current role as part of the Beta Solutions Group, he is responsible for developing and managing various funds and ETFs against a variety of conventional and custom bond index strategies. Previously, Mr. Brunell was responsible for managing the U.S. Bond Operations group which he had been a member of since 1997. He started his career in the investment management field when he joined the Mutual Fund Custody division of State Street in 1993. In this role he focused on the accounting and the valuation of various domestic and international equity and bond portfolios. Mr. Brunell earned a BS in Business Administration from Saint Michael's College and a MSF degree from Boston College. Additionally he earned the right to use the Chartered Financial Analyst designation and is a member of the CFA Institute and the Boston Securities Analyst Society.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.33 24.76 6.22 2.41