SPDR Portfolio Intermediate Term Corporate Bond ETF
The SPDR Portfolio Intermediate Term Corporate Bond ETF (SPIB) is a strategically curated financial instrument designed for investors seeking stable income and diversified exposure within the corporate bond market. As a member of the Corporate category, SPIB is distinguished by its broad-based focus on investment-grade securities, ensuring a robust framework of creditworthy bonds. This ETF specifically targets the Intermediate niche, balancing between short-term liquidity and long-term yield aspirations.
SPIB aims to track the performance of the Bloomberg U.S. Intermediate Corporate Bond Index, providing investors with access to a portfolio of high-quality debt instruments issued by U.S. and non-U.S. corporations. With an emphasis on intermediate-duration bonds, typically those maturing in 1 to 10 years, the fund offers an appealing blend of moderate interest rate risk and reliable income generation. This makes SPIB an ideal choice for investors looking to optimize their fixed-income allocations while managing interest rate exposure effectively.
By investing in SPIB, investors can benefit from the inherent diversification across various sectors and issuers, reducing the impact of any single bond's performance on the overall portfolio. This ETF is particularly suited for those aiming to enhance their fixed-income holdings with a focus on quality, stability, and steady returns, making it an indispensable component of a well-rounded investment strategy.
SPDR Portfolio Intermediate Term Corporate Bond ETF (SPIB) Fund Flow Chart
SPDR Portfolio Intermediate Term Corporate Bond ETF (SPIB) 1 year Net Flows: $2B
SPIB ETF FAQ
What was SPIB’s price range in the past 12 months?
SPIB lowest ETF price was $31.98 and its highest was $33.86 in the past 12 months.