Key stats
About SPDR Portfolio Aggregate Bond ETF
Home page
Inception date
May 23, 2007
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
SSgA Funds Management, Inc.
Distributor
State Street Corp. (Fund Distributor)
SPAB offers market-like exposure to the broad investment grade space by investing in both corporate and government bonds publicly for sale in the US. It follows the Bloomberg US Aggregate Bond Index, which includes fixed rate, non-convertible, and taxable bonds. It also invests in mortgage pass through, commercial mortgage-backed and other asset backed securities. The bonds must have a minimum of USD 300 million outstanding face value. The index is updated monthly, using a sampling strategy which means the fund does not hold all of the securities in the index. Instead the fund may hold a subset of securities that generally provide the same risk and return as the index. SPAB may also use credit default swaps and credit default index swaps in managing cash flows. The fund changed its ticker from LAG in Nov 2015 and once again from BNDS in Oct 2017.
Classification
What's in the fund
Exposure type
Government
Securitized
Corporate
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SPAB trades at 25.12 USD today, its price has fallen −0.08% in the past 24 hours. Track more dynamics on SPAB price chart.
SPAB net asset value is 25.12 today — it's fallen 0.65% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
SPAB assets under management is 8.76 B USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
SPAB price has fallen by −0.67% over the last month, and its yearly performance shows a 1.01% increase. See more dynamics on SPAB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.65% over the last month, have fallen by −0.65% over the last month, showed a −0.53% decrease in three-month performance and has increased by 5.17% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.65% over the last month, have fallen by −0.65% over the last month, showed a −0.53% decrease in three-month performance and has increased by 5.17% in a year.
SPAB fund flows account for 856.92 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SPAB invests in bonds. See more details in our Analysis section.
SPAB expense ratio is 0.03%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, SPAB isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, SPAB technical analysis shows the strong sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SPAB shows the sell signal. See more of SPAB technicals for a more comprehensive analysis.
Today, SPAB technical analysis shows the strong sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SPAB shows the sell signal. See more of SPAB technicals for a more comprehensive analysis.
Yes, SPAB pays dividends to its holders with the dividend yield of 3.94%.
SPAB trades at a premium (0.06%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
SPAB shares are issued by State Street Corp.
SPAB follows the Bloomberg US Aggregate. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on May 23, 2007.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.