Key stats
About SPDR Portfolio Long Term Corporate Bond ETF
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Inception date
Mar 10, 2009
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)
SPLB attempts to capture the US long-term, investment-grade corporate bond market in ETF form. The funds underlying index invests strictly in US dollar-denominated issues, predominantly from US firms which have a remaining maturity of at least 10 years. The fund uses a simple strategy, selecting and weighting constituents by market value. The fund also uses a sampling method in tracking the index, meaning it invests in securities that have identical characteristics of the securities that comprise the index. The index is rebalanced monthly, on the last business day of the month. The fund ticker changed from LWC 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
Corporate
Bonds, Cash & Other100.00%
Corporate99.39%
Mutual fund0.56%
Municipal0.04%
Structured0.02%
Stock breakdown by region
North America94.11%
Europe4.14%
Asia1.27%
Oceania0.44%
Latin America0.03%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SPLB invests in bonds. The fund's major sectors are Corporate, with 99.39% stocks, and Municipal, with 0.04% of the basket. The assets are mostly located in the North America region.
SPLB last dividends amounted to 0.10 USD. The month before, the issuer paid 0.10 USD in dividends, which shows a 0.26% increase.
SPLB assets under management is 1.13 B USD. It's fallen 0.38% over the last month.
SPLB fund flows account for 412.18 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, SPLB pays dividends to its holders with the dividend yield of 5.32%. The last dividend (Jun 5, 2025) amounted to 0.10 USD. The dividends are paid monthly.
SPLB shares are issued by State Street Corp. under the brand SPDR. The ETF was launched on Mar 10, 2009, and its management style is Passive.
SPLB expense ratio is 0.04% meaning you'd have to pay 0.04% of your investment to help manage the fund.
SPLB follows the Bloomberg US Corporate - Long. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SPLB invests in bonds.
SPLB price has risen by 1.57% over the last month, and its yearly performance shows a −4.35% decrease. See more dynamics on SPLB price chart.
NAV returns, another gauge of an ETF dynamics, showed a −1.12% decrease in three-month performance and has increased by 1.51% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −1.12% decrease in three-month performance and has increased by 1.51% in a year.
SPLB trades at a premium (0.09%) meaning the ETF is trading at a higher price than the calculated NAV.