SPDR 10+ Years US Corporate Bonds

ETF description

The SPDR 10+ Years US Corporate Bonds ETF provides investors with exposure to long‑term investment‑grade corporate bonds issued by U.S. companies. By tracking the Bloomberg U.S. Long Corporate Bond index, this ETF focuses on corporate bonds with maturities of 10 years or more. It aims to offer higher yields compared to shorter‑term bonds while capturing the potential benefits of long‑duration bonds in a low‑interest‑rate environment. This ETF is suitable for investors seeking to enhance income through long‑term corporate debt while accepting higher interest rate risk associated with longer maturities.

Issuer details

SPDR ETFs (Standard & Poor’s Depositary Receipts), managed by State Street Global Advisors, are among the largest and most recognized ETFs in the world, with over $1 trillion in assets under management as of June 2024. SPDR offers a broad range of ETFs covering various market segments, including equities, fixed income, sector‑specific funds, commodities, and ESG (Environmental, Social, Governance) investments. Launched in 1993 with the SPDR S&P 500 ETF (SPY), the first ever ETF, SPDR ETFs are known for their strong emphasis on liquidity, transparency, and robust research and analysis. Notable ETFs in their lineup include the SPDR S&P 500 ETF (SPY), SPDR Gold Shares (GLD), and SPDR Bloomberg Barclays High Yield Bond ETF (JNK), reflecting SPDR’s commitment to providing diverse and high‑quality investment options to meet the needs of various investors.

Index details

The 10+ Years US Corporate Bonds index provides focused exposure to long‑term investment‑grade corporate bonds issued by U.S. companies, with maturities exceeding ten years. By concentrating on these longer‑duration securities, this index aims to offer higher yields and potential capital appreciation, while also exposing investors to greater interest rate risk. Its emphasis on long‑term corporate debt within the U.S. market makes it a valuable addition for portfolios seeking enhanced income and long‑term investment opportunities.