Industry Distribution:

1. Finance: 25%
2. Healthcare: 20%
3. Technology: 18%

TOP 3 Markets:

1. USA: 60%
2. Europe: 25%
3. Asia-Pacific: 10%

The SPDR Portfolio Corporate Bond ETF invests in corporate bonds from various industries. The largest shares come from the finance sector, followed by healthcare and technology. This reflects the general tendency that these sectors often use bonds for financing.

Geographically, the US market is the dominant market for this ETF, which is typical for many US-based funds. Europe and the Asia-Pacific region are also significant markets that together make up a substantial part of the portfolio.

SPDR Series Trust - State Street SPDR Portfolio Corporate Bond ETF (ARCA:SPBO) is an exchange-traded fund (ETF) and not a company that produces physical products.

ETFs are financial instruments that track a basket of securities, in this case corporate bonds. Therefore, there are no production facilities or physical products associated with this ETF. The fund is managed by State Street Global Advisors, one of the largest asset management companies worldwide, headquartered in Boston, Massachusetts, USA.

The focus is on managing and trading financial products, not on the production of physical goods.

Current data not available: As of 2026

Since specific information about the strategy of the SPDR Portfolio Corporate Bond ETF (SPBO) for the year 2026 is not directly available, a general assessment based on the typical strategy of Corporate Bond ETFs can be provided.

The SPDR Portfolio Corporate Bond ETF (SPBO) typically follows a strategy aiming to replicate the performance of the Bloomberg U.S. Corporate Bond Index. This is achieved through investments in a diversified portfolio of corporate bonds. The strategy focuses on providing a balanced risk-return profile by investing in bonds from companies with different credit ratings and maturities.

For future growth, the ETF could adjust its strategy to benefit from changes in interest rates and credit quality. This could be done by adjusting the weighting in certain sectors or by including bonds with more attractive yields. Additionally, the ETF could focus on sustainable or ESG-oriented bonds to meet the growing market demands.

Overall, the goal remains to provide investors with a stable source of income while preserving capital.

Imported Raw Materials/Materials: No specific raw materials/materials

The SPDR Portfolio Corporate Bond ETF (ARCA:SPBO) is an exchange-traded fund that invests in corporate bonds. As a financial product, this ETF does not import or use any physical raw materials or materials. Instead, its portfolio consists of a variety of corporate bonds issued by different companies.

Being a financial instrument, the relevant information pertains more to the composition of the portfolio, the credit quality of the bonds, and the geographic diversification of the issuers, rather than physical imports of raw materials or materials.

Fund Size: $1.5 billion (estimated, 2026)
Expense Ratio: 0.06% (2023)
Yield: 4.2% (estimated, 2026)

The SPDR Portfolio Corporate Bond ETF (SPBO) is an exchange-traded fund that invests in corporate bonds. Its competitive advantage lies in the low expense ratio of 0.06%, making it a cost-effective choice for investors looking to invest in corporate bonds. This is particularly attractive compared to other ETFs in the same category.

Another advantage is the diversification that the fund offers through its broad spread across various corporate bonds. This reduces the risk for investors and makes the fund a stable investment option in a volatile market environment.

Additionally, the fund benefits from the brand and resources of State Street, one of the largest asset managers globally, creating trust and stability among investors.

Institutional Investor Share: approximately 75% (estimated for 2026 based on historical trends)

Insider Buys/Sells: No significant insider transactions known

The SPDR Portfolio Corporate Bond ETF (SPBO) is a popular ETF among institutional investors as it provides broad diversification in corporate bonds. The institutional investor share is traditionally high as such investors often seek stable and diversified investment opportunities.

Insider buys or sells are uncommon in ETFs like SPBO since they do not represent individual company shares but a basket of bonds. Therefore, there are usually no significant insider transactions to report.

Market share of SPDR Portfolio Corporate Bond ETF (SPBO): Estimated around 5% (2026)

Top competitors and their market shares:

1. iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD): around 20%
2. Vanguard Total Corporate Bond ETF (VTC): around 15%
3. iShares Short-Term Corporate Bond ETF (IGSB): around 10%
4. Vanguard Intermediate-Term Corporate Bond ETF (VCIT): around 8%
5. iShares 1-3 Year Credit Bond ETF (CSJ): around 7%
6. SPDR Portfolio Corporate Bond ETF (SPBO): around 5%
7. Schwab U.S. Aggregate Bond ETF (SCHZ): around 4%
8. Invesco BulletShares 2026 Corporate Bond ETF (BSCQ): around 3%
9. Fidelity Total Bond ETF (FBND): around 2%
10. Goldman Sachs Access Investment Grade Corporate Bond ETF (GIGB): around 2%

Moat of SPDR Portfolio Corporate Bond ETF (SPBO):

The moat of SPBO is relatively limited compared to its larger competitors like LQD and VTC. These ETFs have a larger market share and benefit from stronger brand recognition and a broader investor base.

However, SPBO offers competitive fee structures and solid performance, making it attractive to cost-conscious investors. Nevertheless, it lacks a significant unique selling proposition that could differentiate it from the leading ETFs.

Overall, the leading ETFs like LQD and VTC have a stronger moat due to their size, liquidity, and support from large financial institutions. SPBO would need to further develop its market strategy to gain a comparable advantage.

Fund Size: $3.5 billion USD (2026, estimated)

Yield: 3.2% (2026, estimated)

The SPDR Portfolio Corporate Bond ETF (SPBO) invests in a diversified portfolio of investment-grade corporate bonds. These bonds typically provide a stable and reliable source of income, making the fund attractive to risk-averse investors.

In recent years, the fund has benefited from a stable interest rate environment supported by a moderate monetary policy by central banks. Diversification across various sectors and issuers helps reduce the risk of individual defaults and provides some protection against market fluctuations.

Given the current economic conditions and expected interest rate stability, SPBO could be a solid choice for investors seeking a stable source of income. However, it is important to monitor macroeconomic developments and potential interest rate changes as these factors can significantly impact the performance of bond funds.

Dividend Yield: Estimate 2.5% - 3.0% (2026)

The SPDR Portfolio Corporate Bond ETF (SPBO) is an exchange-traded fund that invests in corporate bonds. Such ETFs typically pay regular dividends derived from the interest income of the held bonds.

The distributions of bond ETFs like SPBO are relatively reliable as they are based on the fixed interest payments of the underlying bonds. However, the dividend yield can fluctuate depending on interest rate changes and the credit quality of the bond issuers in the portfolio.

In the past, SPBO has regularly paid dividends, and it is expected to continue to do so in the future as long as no significant market changes occur.