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State Street SPDR Portfolio Corporate Bond ETF (SPBO)

Corporate Bond | Exchange Traded Fund | NYSEArca
28.70 USD +0.07 (0.262%) ⇧ (July 15, 2026, 10:18 a.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★★☆☆
Hot Take | July 11, 2026, 3:13 a.m. EDT

This corporate bond ETF offers a compelling income floor with a 5.1% yield, supported by a consistent distribution history that has stabilized around $0.125 per share since late 2024. However, the capital appreciation story is muted; the fund is currently trading near its 52-week lows and has underperformed significantly over the last decade, down roughly 13% from its peak. While the trailing twelve-month return was slightly negative, the broader multi-year trajectory shows six out of nine years of decline, suggesting a persistent struggle to generate real capital gains in a rising rate environment. With no recent news catalysts and flat options flow, the security appears to be in a holding pattern, suitable for income-focused investors who can tolerate slow price recovery rather than aggressive growth.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.005668
AutoARIMA0.005723
AutoETS0.005723
AutoTheta0.006234

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 78%
H-stat 0.27
Ljung-Box p 0.000
Jarque-Bera p 0.180
Excess Kurtosis 0.74

As of July 11, 2026, 3:13 a.m. EDT: Options activity is virtually dormant with negligible open interest and volume across strikes. Implied volatility sits at a baseline 40%, indicating a lack of speculative positioning or fear regarding near-term price moves.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.43% 5.07% 5.15% 4.51%
Dividend History
Date Dividend Yield %
2026-07-01 0.123 0.426048
2026-06-01 0.123 0.424431
2026-05-01 0.123 0.425017
2026-04-01 0.123 0.425164
2026-03-02 0.122 0.414261
2026-02-02 0.123 0.419795
2025-12-18 0.123 0.418937
2025-12-01 0.123 0.417799
2025-11-03 0.124 0.422056
2025-10-01 0.124 0.418919
2025-09-02 0.124 0.426410
2025-08-01 0.125 0.427936
2025-07-01 0.125 0.429258
2025-06-02 0.125 0.437063
2025-05-01 0.125 0.436453
2025-04-01 0.125 0.431332
2025-03-03 0.125 0.427936
2025-02-03 0.127 0.442509
2024-12-19 0.125 0.437675
2024-12-02 0.125 0.425460
2024-11-01 0.126 0.435835
2024-10-01 0.126 0.419580
2024-09-03 0.127 0.429054
2024-08-01 0.127 0.434337
2024-07-01 0.126 0.442882
2024-06-03 0.126 0.439024
2024-05-01 0.126 0.446650
2024-04-01 0.126 0.438108
2024-03-01 0.124 0.429512
2024-02-01 0.128 0.434340
2023-12-18 0.123 0.420657
2023-12-01 0.125 0.436605
2023-11-01 0.124 0.456386
2023-10-02 0.117 0.428728
2023-09-01 0.117 0.414600
2023-08-01 0.116 0.406732
2023-07-03 0.114 0.396936
2023-06-01 0.113 0.392634
2023-05-01 0.112 0.388215
2023-04-03 0.111 0.379098
2023-03-01 0.108 0.382436
2023-02-01 0.112 0.376344
2022-12-19 0.101 0.349239
2022-12-01 0.102 0.351119
2022-11-01 0.098 0.356493
2022-10-03 0.095 0.338560
2022-09-01 0.087 0.298252
2022-08-01 0.084 0.275049
2022-07-01 0.081 0.272086
2022-06-01 0.074 0.244063
2022-05-02 0.073 0.243414
2022-04-01 0.071 0.221184
2022-03-01 0.071 0.214891
2022-02-01 0.068 0.201721
2021-12-17 0.145 0.415235
2021-12-01 0.070 0.200057
2021-11-01 0.069 0.196862
2021-10-01 0.070 0.198582
2021-09-01 0.070 0.196740
2021-08-02 0.071 0.198379
2021-07-01 0.071 0.201133
2021-06-01 0.070 0.201323
2021-05-03 0.071 0.204375
2021-04-01 0.070 0.202664
2021-03-01 0.073 0.209109
2021-02-01 0.072 0.201624
2020-12-18 0.109 0.302946
2020-12-01 0.073 0.202160
2020-11-02 0.076 0.215481
2020-10-01 0.078 0.220215
2020-09-01 0.079 0.221165
2020-08-03 0.082 0.226457
2020-07-01 0.085 0.240998
2020-06-01 0.087 0.252101
2020-05-01 0.089 0.262769
2020-04-01 0.089 0.277086
2020-03-02 0.091 0.261569
2020-02-03 0.091 0.263768
2019-12-20 0.092 0.272351
2019-12-02 0.094 0.278932
2019-11-01 0.094 0.278436
2019-10-01 0.095 0.281065
2019-09-03 0.097 0.284792
2019-08-01 0.097 0.291554
2019-07-01 0.100 0.302480
2019-06-03 0.101 0.312114
2019-05-01 0.101 0.317012
2019-04-01 0.100 0.314961
2019-03-01 0.100 0.321958
2019-02-01 0.099 0.317511
2018-12-19 0.099 0.323741
2018-12-03 0.099 0.327381
2018-11-01 0.098 0.323646
2018-10-01 0.098 0.318596
2018-09-04 0.096 0.310579
2018-08-01 0.089 0.287747
2018-07-02 0.088 0.285066
2018-06-01 0.089 0.286912
2018-05-01 0.088 0.284146
2018-04-02 0.085 0.270614
2018-03-01 0.086 0.273537
2018-02-01 0.084 0.263819
2017-12-19 0.084 0.261845
2017-12-01 0.088 0.272446
2017-11-01 0.085 0.262914
2017-10-02 0.085 0.263158
2017-09-01 0.087 0.267035
2017-08-01 0.085 0.262427
2017-07-03 0.085 0.262751
2017-06-01 0.085 0.263648
2017-05-01 0.084 0.263240
2017-04-03 0.082 0.257134
2017-03-01 0.084 0.263405
2017-02-01 0.082 0.259166
2016-12-28 0.082 0.260980
2016-12-01 0.083 0.263408
2016-11-01 0.082 0.253399
2016-10-03 0.081 0.247328
2016-09-01 0.080 0.242424
2016-08-01 0.080 0.243309
2016-07-01 0.080 0.244349
2016-06-01 0.081 0.252967
2016-05-03 0.081 0.252415
2016-05-02 0.081 0.253046
2016-04-01 0.080 0.252207
2016-03-01 0.083 0.267139
2016-02-01 0.082 0.264516
2015-12-29 0.082 0.264858
2015-12-01 0.082 0.259576
2015-11-02 0.080 0.254049
2015-10-01 0.085 0.270356
2015-09-01 0.078 0.249840
2015-08-03 0.078 0.246601
2015-07-01 0.079 0.252719
2015-06-01 0.077 0.241834
2015-05-01 0.076 0.235221
2015-04-01 0.078 0.236938
2015-03-02 0.079 0.241516
2015-02-02 0.077 0.231231
2014-12-29 0.079 0.244355
2014-12-01 0.082 0.253713
2014-11-03 0.077 0.238612
2014-10-01 0.082 0.253556
2014-09-02 0.102 0.314039
2014-08-01 0.086 0.267579
2014-07-01 0.087 0.270859
2014-06-02 0.087 0.269684
2014-05-01 0.090 0.281867
2014-04-01 0.090 0.283554
2014-03-03 0.091 0.286254
2014-02-03 0.088 0.277340
2013-12-27 0.164 0.526316
2013-12-02 0.090 0.288925
2013-11-01 0.092 0.292528
2013-10-01 0.093 0.301361
2013-09-03 0.092 0.297542
2013-08-01 0.091 0.296320
2013-07-01 0.090 0.288925
2013-06-03 0.089 0.276226
2013-05-01 0.090 0.270108
2013-04-01 0.089 0.271259
2013-03-01 0.093 0.282160
2013-02-01 0.091 0.278970
2012-12-27 0.100 0.306748
2012-12-03 0.092 0.279211
2012-10-01 0.089 0.270928
2012-09-04 0.088 0.268620
2012-08-01 0.091 0.278202
2012-07-02 0.094 0.289320
2012-06-01 0.095 0.293482
2012-05-01 0.092 0.287950
2012-04-02 0.098 0.311507
2012-03-01 0.094 0.294394
2012-02-01 0.094 0.292470
2011-12-28 0.087 0.276103
2011-12-01 0.090 0.285171
2011-11-01 0.088 0.272361
2011-10-03 0.097 0.309213
2011-09-01 0.093 0.297600
2011-08-01 0.092 0.299187
2011-07-01 0.093 0.303922
2011-06-01 0.091 0.294403
2011-05-02 0.059 0.193063
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 5.1

Info Dump

Attribute Value
All Time High 38.76
All Time Low 23.16
Ask 28.7
Ask Size 7,000
Average Daily Volume10 Day 683,370
Average Daily Volume3 Month 726,688
Average Volume 726,688
Average Volume10Days 683,370
Beta3 Year 1.11
Bid 28.69
Bid Size 11,100
Category Corporate Bond
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 28.6964
Day Low 28.655
Dividend Yield 5.1
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 28.9248
Fifty Day Average Change -0.22980118
Fifty Day Average Change Percent -0.00794478
Fifty Two Week Change Percent -0.6594956
Fifty Two Week High 29.93
Fifty Two Week High Change -1.2350006
Fifty Two Week High Change Percent -0.041262966
Fifty Two Week Low 28.57
Fifty Two Week Low Change 0.125
Fifty Two Week Low Change Percent 0.004375219
Fifty Two Week Range 28.57 - 29.93
First Trade Date Milliseconds 1,302,183,000,000
Five Year Average Return 0.0017015999
Full Exchange Name NYSEArca
Fund Family State Street Investment Management
Fund Inception Date 1,302,048,000
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to measure the performance of the investment grade corporate bond market.
Long Name State Street SPDR Portfolio Corporate Bond ETF
Market us_market
Market State REGULAR
Max Age 86,400
Message Board Id finmb_129555951
Nav Price 28.62402
Net Assets 2,000,611,200.0
Net Expense Ratio 0.03
Open 28.65
Previous Close 28.62
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.074998856
Regular Market Change Percent 0.2620505
Regular Market Day High 28.6964
Regular Market Day Low 28.655
Regular Market Day Range 28.655 - 28.6964
Regular Market Open 28.65
Regular Market Previous Close 28.62
Regular Market Price 28.695
Regular Market Time 1,784,125,115
Regular Market Volume 30,439
Short Name State Street SPDR Portfolio Cor
Source Interval 15
Symbol SPBO
Three Year Average Return 0.051332697
Total Assets 2,000,611,200
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 1.48202
Trailing Three Month Returns 1.48202
Triggerable 1
Two Hundred Day Average 29.28055
Two Hundred Day Average Change -0.5855503
Two Hundred Day Average Change Percent -0.019997926
Type Disp ETF
Volume 30,439
Yield 0.051
Ytd Return 1.07965