SPDR Portfolio Short Term Corporate Bond ETF
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Gilbert Capital Group Inc. bought a new position in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 68,839 shares of the company's stock, valued at approximately $2,078,000. SPDR Portfolio Short Term Corporate
Fisher Asset Management LLC decreased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 8.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,336,587 shares of the company's stock after selling 117,407 shares during the
Bank of Montreal Can trimmed its position in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 11.2% during the undefined quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 19,647 shares of the company's stock after selling 2,488 shares
SPDR Portfolio Short Term Corporate Bond ETF offers exposure to short-maturity investment-grade corporate bonds with a highly competitive 0.04% expense ratio. Its low fee structure is especially attractive in the short-term bond space, where performance differences are often driven by fees and duration positioning. Given my macroeconomic outlook, I view SPSB as an attractive option for investors seeking short-term bond exposure with minimal fees.
SPSB's corporate spreads are historically low, making it less attractive for new investments despite its strong past performance and low volatility. The ETF offers a 30-day SEC yield of 4.7% and an option-adjusted spread of 46 bps, which are not appealing. Higher yields can be obtained from AAA CLO funds like PAAA, which offer over 6% with similar or better volatility profiles.
The SPDR Portfolio Short Term Corporate Bond ETF is a low-risk investment option for investors seeking exposure to short-term corporate bonds. SPSB has a diverse portfolio with no position making up more than 0.57% of the fund, making it highly diversified. The fund has a strong performance history and a low expense ratio, making it an attractive option for investors looking for steady returns.
SPSB invests in U.S. investment-grade corporate bonds with a maturity of 1-3 years as a conservative or low-risk bond fund. SPSB is a good alternative to similar maturity Treasuries by offering a higher yield and return potential. SPSB can complement a broader more diversified portfolio to both limit risk while delivering a solid monthly income component.
Advisors have choices to face with their fixed income allocation. Should they take on credit risk to be rewarded with a high level of income?
For many, social security isn't enough to fund their retirement needs. Bonds can help produce another income stream.
The SPDR Portfolio Short Term Corporate Bond ETF is a fixed income ETF that tracks the Bloomberg U.S. 1-3 Year Corporate Bond Index. SPSB offers a short-term investment grade bond play with added corporate credit spreads, providing exposure to both duration and credit spread risk. The fund has a granular portfolio with over 1400 names, mitigating the risk of a renewed regional banking flare-up.
SPDR® Portfolio Short Term Corporate Bond ETF has a very low expense ratio and passes you almost the underlying yield. The fund won't make you rich, but offers a solid yield since we exited ZIRP. The yield does make you wonder though whether you should just sit it out in Treasury bills.
SPSB is a short-term bond ETF that is the type that many investors are being lured into in 2023. That might work out, but there's some risk. I am very concerned that investors are not accounting for this risk. That's based on several comments I have received in response to articles I've written about this asset class.
Not much is working in the bond market this year, but the upside of all that downside is that some attractive opportunities are emerging, particularly among lower duration fare. Importantly, that doesn't necessarily mean investors have to sacrifice income in the name of reducing interest rate sensitivity within their portfolios.
State Street's job as an investment manager is to get you from point A to point B with as little pain as possible, and hopefully, plenty of assets in your retirement portfolio. And to its credit, many of its best SPDR ETFs do exactly that.
Fixed income investors had an easy time over the past three decades, but with the current environment of higher inflation and an increasing rate outlook, the traditional bond portfolio will have to adapt to the challenges ahead. In the upcoming webcast, How to Future-Proof Your Fixed Income Allocation, Matthew Bartolini, Head of SPDR® Americas Research [.
A cash balance has many uses in a portfolio. Cash is exposed to inflation risk far more than any other asset class.