Investing involves risk including the risk of loss of principal.
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Fixed income such as bonds generally presents less short-term risk and volatility than stocks, but contains interest rate risk (as interest rates rise, bond prices usually fall); issuer default risk; issuer credit risk; liquidity risk; and inflation risk. These effects are usually pronounced for longer-term securities. Any fixed income security sold or redeemed prior to maturity may be subject to a substantial gain or loss.
Prior to 09/23/2019, the SPDR Portfolio Corporate Bond ETF (SPBO) was known as the SPDR Bloomberg Barclays Corporate Bond ETF (CBND), the SPDR Portfolio High Yield Bond ETF (SPHY) was known as the SPDR ICE BofAML Broad High Yield Bond ETF (CJNK), the SPDR Portfolio Intermediate Term Treasury ETF (SPTI) was known as the SPDR Bloomberg Barclays Intermediate Term Treasury ETF (ITE), the SPDR Portfolio TIPS ETF (SPIP) was known as the SPDR Bloomberg Barclays TIPS ETF (IPE), and the SPDR Portfolio Mortgage Backed Bond ETF (SPMB) was known as the SPDR Bloomberg Barclays Mortgage Backed Bond ETF (MBG). Prior to 02/26/2021, the SPDR Blackstone Senior Loan ETF (SRLN) was known as the SPDR Blackstone / GSO Senior Loan ETF (SRLN). Prior to 05/01/2021, the SPDR ICE Preferred Securities ETF (PSK) was called SPDR Wells Fargo Preferred Stock ETF (PSK).
