SPDR® Bloomberg Barclays International Corporate Bond ETF IBND

Important Risk Disclosure

In general, ETFs can be expected to move up or down in value with the value of the applicable index. Although ETF shares may be bought and sold on the exchange through any brokerage account, ETF shares are not individually redeemable from the Fund. Investors may acquire ETFs and tender them for redemption through the Fund in Creation Unit Aggregations only. Please see the prospectus for more details.

Foreign (non-U.S.) Securities may be subject to greater political, economic, environmental, credit and information risks. Foreign securities may be subject to higher volatility than U.S. securities, due to varying degrees of regulation and limited liquidity.

Bonds generally present less short-term risk and volatility than stocks, but contain 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.

Non-diversified fund may invest in a relatively small number of issuers, a decline in the market value may affect its value more than if it invested in a larger number of issuers. While the Fund is expected to operate as a diversified fund, it may become non-diversified for periods of time solely as a result of changes in the composition of its benchmark index.

The Fund may not purchase securities of any issuer if, as a result, more than 5% of the Fund’s total assets would be invested in that issuer’s securities; except as may be necessary to approximate the composition of its target index. This limitation does not apply to obligations of the U.S. government or its agencies or instrumentalities.

Passively managed funds hold a range of securities that, in the aggregate, approximates the full Index in terms of key risk factors and other characteristics. This may cause the fund to experience tracking errors relative to performance of the index.

While the shares of ETFs are tradable on secondary markets, they may not readily trade in all market conditions and may trade at significant discounts in periods of market stress.

ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETFs net asset value. Brokerage commissions and ETF expenses will reduce returns.

Before investing, consider the funds' investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 1-866-787-2257 download a prospectus or summary prospectus now, or talk to your financial advisor. Read it carefully before investing.

NAV

NAV

The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

$36.22

as of Jun 18 2021

Base Currency

USD

Assets Under Management

$231.83 M

as of Jun 18 2021

Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

0.50%


Key Features

Key Features

  • The SPDR® Bloomberg Barclays International Corporate Bond ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg Barclays Global Aggregate ex-USD > $1B: Corporate Bond Index (the “Index”)
  • Seeks to provide a broad exposure to the global investment grade, fixed rate, fixed income corporate markets outside the United States
  • The securities in the Index must have a $1 billion USD equivalent market capitalization outstanding and at least 1 year remaining
  • Market cap weighted and reconstituted on the last business day of the month


About this Benchmark

About this Benchmark

The Bloomberg Barclays Global Aggregate ex-USD >$1B: Corporate Bond Index is designed to be a broad based measure of the global investment-grade, fixed rate, fixed income corporate markets outside the United States. The Index is part of the Bloomberg Barclays Global ex-USD Aggregate Bond Index (the “Aggregate Index”). The major components of the Aggregate Index are the Pan-European Aggregate and the Asian Pacific Aggregate Indices. The securities in the Index must have a $1 billion USD equivalent market capitalization outstanding and at least 1 year remaining. Securities must be fixed rate, although zero coupon bonds and step-ups are permitted. Additionally, securities must be rated investment grade (Baa3/BBB-/BBB- or better) using the middle rating from Moody’s Investors Service, Inc., Fitch Inc., or Standard & Poor’s Financial Services, LLC. after dropping the highest and lowest available ratings. If only two agencies rate a security, then the more conservative (lower) rating will be used. If only one rating agency rates a security, then that one rating will be used. Excluded from the Index are subordinated debts, convertible securities, floating-rate notes, fixed-rate perpetuals, warrants, inflation-linked bonds, and structured notes. The Index is market capitalization weighted and the securities in the Index are updated on the last business day of each month.


Fund Information as of Jun 18 2021

Fund Information as of Jun 18 2021
Benchmark Inception Date Options Available Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

Base Currency Sub-advisor Investment Manager
Bloomberg Barclays Global Aggregate ex-USD >$1B: Corporate Bond Index May 19 2010 No 0.50% USD State Street Global Advisors Limited SSGA Funds Management, Inc.
Benchmark Bloomberg Barclays Global Aggregate ex-USD >$1B: Corporate Bond Index
Inception Date May 19 2010
Options Available No
Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

0.50%
Base Currency USD
Sub-advisor State Street Global Advisors Limited
Investment Manager SSGA Funds Management, Inc.
Distributor Distribution Frequency
State Street Global Advisors Funds Distributors, LLC Monthly
Distributor State Street Global Advisors Funds Distributors, LLC
Distribution Frequency Monthly

Listing Information as of Jun 18 2021

Listing Information as of Jun 18 2021
Exchange Listing Date Trading Currency Ticker CUSIP ISIN
NYSE ARCA EXCHANGE May 20 2010 USD IBND 78464A151 US78464A1512
Exchange NYSE ARCA EXCHANGE
Listing Date May 20 2010
Trading Currency USD
Ticker IBND
CUSIP 78464A151
ISIN US78464A1512

Fund Characteristics as of Jun 18 2021

Fund Characteristics as of Jun 18 2021
Number of Holdings Average Coupon

Average Coupon

The [market value] weighted average coupon of the bonds in a portfolio.

Average Maturity in Years

Average Maturity

The market value-weighted average maturity of the bonds and loans in a portfolio, where maturity is defined as the stated final for bullet maturity bonds and loans.

Average Price Average Yield To Worst

The lowest potential yield that can be received on a bond without the issuer actually defaulting. The YTW is calculated by making worst-case scenario assumptions on the issue by calculating the return that would be received if the issuer uses provisions, including prepayments. When aggregating YTW for a portfolio level statistic, the weighted average of the YTW and market value for each security is used.

Current Yield

Current Yield

A bond's annual return based on its annual coupon payments and current price (as opposed to its original price or face). The formula for current yield is a bond's annual coupons divided by its current price. When aggregating Current Yield for a portfolio level statistic, the weighted average of the Current Yield and market value for each security is used.

Option Adjusted Duration

Option Adjusted Duration

An option-adjusted measure of a bond's (or portfolio's) sensitivity to changes in interest rates calculated as the average percentage change in a bond's value (price plus accrued interest) under shifts of the Treasury curve +/- 100 bps. Incorporates the effect of embedded options for corporate bonds and changes in prepayments for mortgage-backed securities.

732 1.74% 6.51 $107.63 0.36% 1.53% 5.77 years
Number of Holdings 732
Average Coupon

Average Coupon

The [market value] weighted average coupon of the bonds in a portfolio.

1.74%
Average Maturity in Years

Average Maturity

The market value-weighted average maturity of the bonds and loans in a portfolio, where maturity is defined as the stated final for bullet maturity bonds and loans.

6.51
Average Price $107.63
Average Yield To Worst

The lowest potential yield that can be received on a bond without the issuer actually defaulting. The YTW is calculated by making worst-case scenario assumptions on the issue by calculating the return that would be received if the issuer uses provisions, including prepayments. When aggregating YTW for a portfolio level statistic, the weighted average of the YTW and market value for each security is used.

0.36%
Current Yield

Current Yield

A bond's annual return based on its annual coupon payments and current price (as opposed to its original price or face). The formula for current yield is a bond's annual coupons divided by its current price. When aggregating Current Yield for a portfolio level statistic, the weighted average of the Current Yield and market value for each security is used.

1.53%
Option Adjusted Duration

Option Adjusted Duration

An option-adjusted measure of a bond's (or portfolio's) sensitivity to changes in interest rates calculated as the average percentage change in a bond's value (price plus accrued interest) under shifts of the Treasury curve +/- 100 bps. Incorporates the effect of embedded options for corporate bonds and changes in prepayments for mortgage-backed securities.

5.77 years
Option Adjusted Spread Yield to Maturity

Yield to Maturity

The market weighted average rate of return anticipated on the bonds held in a portfolio if they were to be held to their maturity date.

75.30 0.38%
Option Adjusted Spread 75.30
Yield to Maturity

Yield to Maturity

The market weighted average rate of return anticipated on the bonds held in a portfolio if they were to be held to their maturity date.

0.38%

Index Characteristics as of Jun 18 2021

Index Characteristics as of Jun 18 2021
Number of Holdings Average Coupon Average Maturity in Years Average Price Average Yield To Worst Current Yield Option Adjusted Duration
866 1.65% 6.53 $107.38 0.37% 1.46% 5.79 years
Number of Holdings 866
Average Coupon 1.65%
Average Maturity in Years 6.53
Average Price $107.38
Average Yield To Worst 0.37%
Current Yield 1.46%
Option Adjusted Duration 5.79 years
Option Adjusted Spread Yield to Maturity
75.45 0.38%
Option Adjusted Spread 75.45
Yield to Maturity 0.38%

Yields as of Jun 18 2021

Yields as of Jun 18 2021
30 Day SEC Yield

30 Day SEC Yield

(Also known as Standardized Yield) An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price.

30 Day SEC Yield (Unsubsidized)

30 Day SEC Yield (Unsubsidized)

An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price that does not account for expense ratio waivers.

Fund Dividend Yield

Fund Dividend Yield

The sum of the most recent 12 dividends within the past 365 days divided by Net Asset Value per share, expressed as a percentage.

-0.02% - 0.41%
30 Day SEC Yield

30 Day SEC Yield

(Also known as Standardized Yield) An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price.

-0.02%
30 Day SEC Yield (Unsubsidized)

30 Day SEC Yield (Unsubsidized)

An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price that does not account for expense ratio waivers.

-
Fund Dividend Yield

Fund Dividend Yield

The sum of the most recent 12 dividends within the past 365 days divided by Net Asset Value per share, expressed as a percentage.

0.41%

Fund Market Price as of Jun 18 2021

Fund Market Price as of Jun 18 2021
Bid/Ask

Bid/Ask Mid Point

(Also known as Mid Price) The price between the best price of the sellers for a trading unit of a given security and the best price of the buyer of a trading unit of a given security.

Closing Price

Closing Price

Market Price of last reported trade on the exchange.

Day High Day Low Exchange Volume (Shares)

Exchange Volume (shares)

Represents the volume of shares traded on the ETF's primary exchange throughout the previous business day.

Premium/Discount

Premium/Discount to NAV

Shows the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds calculated as ((4PM Bid/Ask - Closing NAV) / Closing NAV * 100)

30-Day Median Bid/Ask Spread

The median bid-ask spread is calculated by identifying national best bid and national best offer ("NBBO") for each Fund as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between each such bid and offer by the midpoint of the NBBO. The median of those values is identified and posted on each business day.

$36.30 $36.24 $36.25 $36.19 9,625 0.21% 0.22%
Bid/Ask

Bid/Ask Mid Point

(Also known as Mid Price) The price between the best price of the sellers for a trading unit of a given security and the best price of the buyer of a trading unit of a given security.

$36.30
Closing Price

Closing Price

Market Price of last reported trade on the exchange.

$36.24
Day High $36.25
Day Low $36.19
Exchange Volume (Shares)

Exchange Volume (shares)

Represents the volume of shares traded on the ETF's primary exchange throughout the previous business day.

9,625
Premium/Discount

Premium/Discount to NAV

Shows the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds calculated as ((4PM Bid/Ask - Closing NAV) / Closing NAV * 100)

0.21%
30-Day Median Bid/Ask Spread

The median bid-ask spread is calculated by identifying national best bid and national best offer ("NBBO") for each Fund as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between each such bid and offer by the midpoint of the NBBO. The median of those values is identified and posted on each business day.

0.22%
Premium Discount to NAV Graph and Summary

The line graph and table below show historical information about the differences between the daily closing price for shares of the fund (as determined by the fund’s listing exchange) and the fund’s net asset value over certain periods. The vertical axis of the line graph shows the premium/discount expressed as a percentage of NAV. The horizontal axis indicates the date at which the premium/discount occurred. The table shows the number of trading days in which the fund traded at a premium or at a discount to NAV.

x axis: Dates
y axis: Premium or Discount (bps)
Number of Days Summary
Calendar Year 2020 First Quarter of 2021
Days Traded at Premium

Number of days the ETF closing price was above the NAV.

194 41
Days Traded at Discount

Number of days the ETF closing price was below the NAV.

59 20
Days Traded at Premium

Number of days the ETF closing price was above the NAV.

Calendar Year 2020 194
First Quarter of 2021 41
Days Traded at Discount

Number of days the ETF closing price was below the NAV.

Calendar Year 2020 59
First Quarter of 2021 20
Fund Data

Because ETFs trade like stocks at current market prices, shareholders may pay more than a fund’s NAV when purchasing fund shares and may receive less than a fund’s NAV when selling fund shares.

Before investing, consider the funds' investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 1-866-787-2257 download a prospectus or summary prospectus now, or talk to your financial advisor. Read it carefully before investing.


Fund Net Cash Amount as of Jun 18 2021

Fund Net Cash Amount as of Jun 18 2021
Net Cash Amount
$1,549,630.29
Net Cash Amount $1,549,630.29

Fund Net Asset Value as of Jun 18 2021

Fund Net Asset Value as of Jun 18 2021
NAV

NAV

The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

Shares Outstanding Assets Under Management
$36.22 6.40 M $231.83 M
NAV

NAV

The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

$36.22
Shares Outstanding 6.40 M
Assets Under Management $231.83 M
Most Recent NAV / NAV History

Fund Performance

Fund Performance

  • Fund Inception Date: May 19 2010

as of May 31 2021

as of Mar 31 2021

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
May 19 2010
Fund Before Tax
NAV May 31 2021 1.15% 3.40% -1.75% 13.07% 3.61% 3.24% 1.51% 2.95%
Market Value May 31 2021 1.02% 3.51% -2.18% 12.97% 3.73% 3.21% 1.48% 2.95%
Bloomberg Barclays Global Aggregate ex-USD >$1B: Corporate Bond Index May 31 2021 1.55% 3.83% -1.25% 13.94% 4.24% 3.82% 2.01% 3.47%
Fund After Tax
Return after Taxes on Distributions May 31 2021 1.14% 3.38% -1.80% 12.98% 3.53% 3.14% 1.21% 2.60%
Return after Taxes on Distributions and Sale of Fund Shares May 31 2021 0.68% 2.01% -1.04% 7.73% 2.74% 2.46% 1.04% 2.17%
Bloomberg Barclays Global Aggregate ex-USD >$1B: Corporate Bond Index May 31 2021 1.55% 3.83% -1.25% 13.94% 4.24% 3.82% 2.01% 3.47%
As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
May 19 2010
Fund Before Tax
NAV Mar 31 2021 -2.93% -4.98% -4.98% 16.26% 0.62% 2.26% 1.52% 2.68%
Market Value Mar 31 2021 -2.74% -5.50% -5.50% 16.11% 0.48% 2.24% 1.49% 2.67%
Bloomberg Barclays Global Aggregate ex-USD >$1B: Corporate Bond Index Mar 31 2021 -2.87% -4.89% -4.89% 16.68% 1.13% 2.77% 1.97% 3.16%
Fund After Tax
Return after Taxes on Distributions Mar 31 2021 -2.94% -5.01% -5.01% 16.18% 0.54% 2.17% 1.22% 2.33%
Return after Taxes on Distributions and Sale of Fund Shares Mar 31 2021 -1.73% -2.95% -2.95% 9.62% 0.44% 1.70% 1.05% 1.95%
Bloomberg Barclays Global Aggregate ex-USD >$1B: Corporate Bond Index Mar 31 2021 -2.87% -4.89% -4.89% 16.68% 1.13% 2.77% 1.97% 3.16%

Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Performance of an index is not illustrative of any particular investment.  It is not possible to invest directly in an index.

Performance returns for periods of less than one year are not annualized.  Performance is shown net of fees.

The market price used to calculate the Market Value return is the midpoint between the highest bid and the lowest offer on the exchange on which the shares of the Fund are listed for trading, as of the time that the Fund's NAV is calculated. If you trade your shares at another time, your return may differ.

Gross Expense Ratio: 0.50%


Top Holdings

Subject to change.

Top Holdings

Subject to change.

Fund Top Holdingsas of Jun 18 2021
Index Top Holdingsas of Jun 18 2021

Fund Top Holdings as of Jun 18 2021

Name Market Value ISIN Weight
VOLKSWAGEN INTL FIN NV 1.875 03/30/2027 1,423,424.90 XS1586555945 0.61%
DEUTSCHE BANK AG 1.625 01/20/2027 1,255,009.25 DE000DL19U23 0.54%
ORANGE SA 8.125 01/28/2033 1,216,048.99 FR0000471930 0.52%
AT&T INC 4.875 06/01/2044 1,051,399.11 XS0785710046 0.45%
PANASONIC CORP 0.47 09/18/2026 921,025.86 JP386680CG99 0.40%
SANOFI 1.75 09/10/2026 919,785.90 FR0012146801 0.40%
NTT FINANCE CORP 0.38 09/20/2030 918,527.57 JP316572DLC8 0.40%
SEVEN & I HOLDINGS 0.19 12/19/2025 911,119.57 JP342295BLC8 0.39%
JPMORGAN CHASE & CO 1.638 05/18/2028 893,916.11 XS1615079974 0.39%
AT&T INC 3.15 09/04/2036 890,091.79 XS1629866432 0.38%

Index Top Holdings as of Jun 18 2021

Name ISIN Weight
ANHEUSER-BUSCH INBEV SA/ 2 03/17/2028 BE6285455497 0.30%
ANHEUSER-BUSCH INBEV SA/ 2.75 03/17/2036 BE6285457519 0.30%
COOPERATIEVE RABOBANK UA 4.125 07/14/2025 XS0525602339 0.30%
NTT FINANCE CORP .38 09/20/2030 JP316572DLC8 0.28%
ORANGE SA 8.125 01/28/2033 FR0000471930 0.25%
VOLKSWAGEN INTL FIN NV 1.875 03/30/2027 XS1586555945 0.25%
COOPERATIEVE RABOBANK UA 4.75 06/06/2022 XS0304159576 0.24%
ENEL FINANCE INTL NV 5.75 09/14/2040 XS0452187320 0.23%
BNP PARIBAS 2.125 01/23/2027 FR0013398070 0.22%
ANHEUSER-BUSCH INBEV SA/ 3.7 04/02/2040 BE6320936287 0.22%

Sector Allocation

Sector Allocation
Fund Sector Breakdownas of Jun 18 2021
Index Sector Breakdownas of Jun 18 2021

Fund Sector Breakdown as of Jun 18 2021

Sector Weight
Corporate - Industrial 48.61%
Corporate - Finance 46.96%
Corporate - Utility 4.10%
Cash 0.34%

Index Sector Breakdown as of Jun 18 2021

Sector Weight
Corporate - Industrial 48.21%
Corporate - Finance 47.70%
Corporate - Utility 4.09%

Quality Breakdown

Quality Breakdown
Fund Quality Breakdownas of Jun 18 2021
Index Quality Breakdownas of Jun 18 2021

Fund Quality Breakdown as of Jun 18 2021

Name Weight
Aaa 0.78%
Aa 12.91%
A 46.10%
Baa 40.21%

Index Quality Breakdown as of Jun 18 2021

Name Weight
Aaa 0.45%
Aa 13.34%
A 45.84%
Baa 40.37%

Maturity Ladder

Maturity Ladder
Fund Maturity Ladderas of Jun 18 2021
Index Maturity Ladderas of Jun 18 2021

Fund Maturity Ladder as of Jun 18 2021

Name Weight
0 - 1 Year 0.97%
1 - 2 Years 9.94%
2 - 3 Years 12.54%
3 - 5 Years 24.60%
5 - 7 Years 21.08%
7 - 10 Years 16.60%
10 - 15 Years 7.75%
15 - 20 Years 3.75%
20 - 30 Years 2.13%
> 30 Years 0.62%

Index Maturity Ladder as of Jun 18 2021

Name Weight
1 - 2 Years 11.65%
2 - 3 Years 12.21%
3 - 5 Years 24.38%
5 - 7 Years 20.52%
7 - 10 Years 16.55%
10 - 15 Years 8.03%
15 - 20 Years 4.02%
20 - 30 Years 1.99%
> 30 Years 0.64%

Geographical Breakdown

Geographical Breakdown

Purchase Information

Purchase Information

Buying and Selling ETFs

ETFs are flexible and easy to trade. Investors buy and sell them like stocks, typically through a brokerage account. Investors can also employ traditional stock trading techniques; including stop orders, limit orders, margin purchases, and short sales using ETFs. They are listed on major US Stock Exchanges.

ETFs are subject to risk similar to those of stocks including those regarding short-selling and margin account maintenance.

Ordinary brokerage commissions may apply.


Fund Footnotes

In general, ETFs can be expected to move up or down in value with the value of the applicable index. Although ETF shares may be bought and sold on the exchange through any brokerage account, ETF shares are not individually redeemable from the Fund. Investors may acquire ETFs and tender them for redemption through the Fund in Creation Unit Aggregations only. Please see the prospectus for more details.

After-tax returns are calculated based on NAV using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor's tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.

Performance of an index is not illustrative of any particular investment. It is not possible to invest directly in an index.

Holdings and sectors shown are as of the date indicated and are subject to change. This information should not be considered a recommendation to invest in a particular sector or to buy or sell any security shown. It is not known whether the sectors or securities shown will be profitable in the future.

Unless otherwise noted all information contained herein is that of the SPDR Bloomberg Barclays International Corporate Bond ETF.

As with all stocks, you may be required to deposit more money or securities into your margin account if the equity, including the amount attributable to your ETF shares, declines.

BLOOMBERG®, a trademark and service mark of Bloomberg Finance L.P. and its affiliates, and BARCLAYS®, a trademark and service mark of Barclays Bank Plc, have each been licensed for use in connection with the listing and trading of the SPDR Bloomberg Barclays ETFs.