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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Government
Securitized
Corporate
Bonds, Cash & Other100.00%
Government47.66%
Securitized25.84%
Corporate23.63%
Mutual fund2.40%
Municipal0.45%
Miscellaneous0.01%
Cash0.00%
Stock breakdown by region
North America94.28%
Europe3.00%
Asia1.84%
Latin America0.45%
Oceania0.23%
Middle East0.12%
Africa0.07%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SPAB invests in bonds. The fund's major sectors are Government, with 47.66% stocks, and Securitized, with 25.84% of the basket. The assets are mostly located in the North America region.
SPAB last dividends amounted to 0.09 USD. The month before, the issuer paid 0.08 USD in dividends, which shows a 2.09% increase.
SPAB assets under management is 8.71 B USD. It's risen 1.36% over the last month.
SPAB fund flows account for 876.94 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.
Yes, SPAB pays dividends to its holders with the dividend yield of 3.92%. The last dividend (Jun 5, 2025) amounted to 0.09 USD. The dividends are paid monthly.
SPAB shares are issued by State Street Corp. under the brand SPDR. The ETF was launched on May 23, 2007, and its management style is Passive.
SPAB expense ratio is 0.03% meaning you'd have to pay 0.03% of your investment to help manage the fund.
SPAB follows the Bloomberg US Aggregate. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SPAB invests in bonds.
SPAB price has risen by 0.08% over the last month, and its yearly performance shows a 0.44% increase. See more dynamics on SPAB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.36% over the last month, showed a 0.48% increase in three-month performance and has increased by 5.19% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.36% over the last month, showed a 0.48% increase in three-month performance and has increased by 5.19% in a year.
SPAB trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.