SPBO: Fed Cut Likely To Be In Time

The SPDR Portfolio Corporate Bond ETF offers efficient exposure to US corporate bonds with a low 0.03% expense ratio and medium-to-longer term duration profile. The recent Fed rate cut supports the labor market, but inflation risks persist as consumers may tolerate higher passed-on producer prices, challenging the outlook for duration-sensitive assets like SPBO. SPBO's performance is sensitive to long-term rates, which are influenced by current Fed policy in addition to factors that could contribute to long-term inflation.

Seeking Alpha • Sep 21, 2025

SPBO: Spreads Are Too Tight For This Investment Grade ETF

SPDR Portfolio Corporate Bond ETF offers a diversified investment-grade corporate bond portfolio with a 7-year duration and a 5.2% yield, but credit spreads are historically tight. Potential upside from rate cuts is limited, with only modest capital gains possible if 7-year rates fall to their neutral range. Credit spread risk is skewed to the downside; current spreads are at the bottom of their historical range, leaving significant room for widening in a downturn.

Seeking Alpha • Jul 11, 2025

SPBO: A Balanced Fixed-Income Approach

The SPDR Portfolio Corporate Bond ETF tracks the Bloomberg U.S. Corporate Bond Index, managing $1.83B at a 0.03% expense ratio, offering a 5.20% yield. Its portfolio includes thousands of investment-grade corporate bonds at various maturities but a short duration. While SPBO's bullish case is strong, investors should know some risks in order to navigate them with a better understanding and hopefully higher confidence.

Seeking Alpha • Nov 21, 2024

SPBO: Intermediate Duration Corporate Bond Fund, 5.4% Yield

Institutions prefer intermediate duration bonds in the current high rate environment. The SPDR Portfolio Corporate Bond ETF seeks to mimic the Bloomberg U.S. Corporate Bond Index. The fund invests in a diversified portfolio of investment-grade corporate bonds with an average maturity of 7 years. It currently offers a yield of 5.34%.

Seeking Alpha • Jun 20, 2024

SPBO: High Quality Corporate Bond Exposure In A Single Fund

SPDR Portfolio Corporate Bond ETF offers access to high-quality investment-grade corporate bonds with a diverse and broad-based portfolio. SPBO's holdings primarily consist of investment-grade corporate bonds with low default rates, providing a relatively safer investment option. The ETF has a high yield and potential for long-term capital appreciation, making it an attractive choice for income investors.

Seeking Alpha • Mar 29, 2024

The Credit Opportunity In M&A

M&A was almost dormant in 2023. In the US, as a proportion of the market value of the benchmark equity indices, it fell to its lowest level in 20 years, according to McKinsey. Credit investors are not traditionally supposed to be fans of M&A, and it's true we are wary of leveraging M&A, where debt is loaded onto balance sheets to buy competitors. We are seeing a comeback for M&A that we think is likely to continue through 2024.

Seeking Alpha • Mar 4, 2024

SPBO: Long-Term Income Investors Should Own This Fund

SPBO offers an attractive yield of 6% and a high-quality investment grade portfolio. The fund has declined significantly in 2022 and is still exhibiting weakness in 2023, but income investors should see this as a buying opportunity. Market fears, such as an economic recession, may negatively impact investment grade corporate bonds, but investors should take advantage of the opportunity to accumulate more shares.

Seeking Alpha • Sep 25, 2023

What's the Right Price for an ETF?

ETFs are the instrument of choice for millions of investors in the U.S. Through a single trade and for a relatively low price, an investor gains broad exposure to a market, sector or niche. They don't have to go out and purchase dozens of individual securities for diversification.

ETF Trends • Sep 11, 2023

State Street Drops Price On 2 Bond ETFs

The 0.03% price makes SPAB and SPBO cheaper than competing funds.

ETFcom • Jul 1, 2021

Looking for Current Income? 5 ETFs to Earn At Least 3% Yield

Amid very-low interest rate environment, investors may be interested in securities that have the potential to offer capital appreciation as well as benchmark-beating yields.

Zacks Investment Research • Jul 10, 2020