SPDR Corporate Bonds 0 – 5 Years

ETF description

The SPDR Corporate Bonds 0 – 5 Years ETF provides investors with exposure to short‑term corporate bonds, focusing on those with maturities between 0 and 5 years. By tracking the Bloomberg Barclays U.S. Corporate 0 – 5 Years index, this ETF includes a diversified portfolio of investment‑grade corporate bonds issued by a range of companies. It aims to deliver stable income and lower interest rate risk due to the shorter duration of the bonds in the portfolio. This ETF is suitable for investors seeking to gain exposure to high‑quality corporate debt with a focus on shorter‑term securities, which can offer capital preservation and reduced sensitivity to interest rate fluctuations.

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 Corporate Bonds 0 – 5 Years index provides focused exposure to short‑term investment‑grade corporate bonds with maturities ranging from 0 to 5 years. By emphasizing shorter‑duration corporate debt, this index aims to deliver stable income while minimizing interest rate risk. Its focus on short‑term bonds from high‑quality issuers makes it a valuable addition for portfolios seeking a balance of income and lower volatility, with reduced sensitivity to interest rate fluctuations.