State Street SPDR Portfolio Long Term Corporate Bond ETF
$20.95−0.38 (−1.76%)
- Expense ratio
- 0.04%
- Fund size
- $1.2B
- 1Y return
- −2.5%
- Yield · Last 12 months
- 5.65%
- Holdings
- 2970
- Volume · 30D
- 2.7M sh
- NAV per share
- $21.29
- 52W range
The ETF.net SPLB Grade
Score 75 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 80Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 41Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 69Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 68Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 73Category rank
Our read on SPLB
ASPLB owns the long end of the corporate bond market, investment-grade debt maturing in 10 years or more, for four basis points a year. Maximum duration exposure at a near-free price.
The fund seeks to track the Bloomberg U.S. Long Term Corporate Bond Index, which represents U.S. corporate bonds with maturities of at least 10 years.
Why people hold it
- Charges 0.04% a year, far under the typical investment-grade corporate bond ETF.
- Roughly 2,900 bonds tracking the Bloomberg U.S. Long Term Corporate Bond Index, so no single issuer steers the fund.ssga.com
- Coupons pass through monthly, and the fund has been running since 2009 with steady trading volume behind it.
- Tracks its index tightly and ranks among the stronger builds in the investment-grade corporate group.
Worth knowing
- Ten-year-plus maturities swing hard when rates move. Intermediate SPIB or short-dated IGSB cover the same credit with far less rate sensitivity.
- Pure corporate credit, no Treasury ballast, so prices fall when spreads widen.
- US issuers only. No overseas corporate exposure here.
SPLB Holdings
- Bonds
- 2,970
- 3%
- SSI US GOV MONEY MARKET CLASS
Geography
- United States91.47%
- Canada1.92%
- United Kingdom1.88%
- Netherlands0.79%
- Singapore0.67%
- Japan0.62%
- Australia0.47%
- France0.41%
- 1.75%
SPLB Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | SPLB |
|---|---|
| Year to date | −2.1% |
| 1 month | +0.4% |
| 3 months | −3.3% |
| 1 year | −2.5% |
| 3 years | +4.4% |
| 5 years | −3.7% |
| 10 years | +1.4% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | SPLB |
|---|---|---|
| 2026 YTD | −2.1% | |
| 2025 | +7.0% | |
| 2024 | −1.7% | |
| 2023 | +11.2% | |
| 2022 | −25.7% | |
| 2021 | −2.0% | |
| 2020 | +13.5% |
SPLB in the news
ETF.net Research hasn’t filed on SPLB yet — coverage lands here as it’s written.
SPLB Dividends
- 5.65%
- $1.20
- $0.10 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 4, 2026 | $0.10 |
| Aug 3, 2026 | Aug 6, 2026 | $0.10 |
| Jul 1, 2026 | Jul 7, 2026 | $0.10 |
| Jun 1, 2026 | Jun 4, 2026 | $0.10 |
| May 1, 2026 | May 6, 2026 | $0.10 |
| Apr 1, 2026 | Apr 6, 2026 | $0.10 |
| Mar 2, 2026 | Mar 5, 2026 | $0.10 |
| Feb 2, 2026 | Feb 5, 2026 | $0.10 |
| Dec 18, 2025 | Dec 23, 2025 | $0.10 |
| Dec 1, 2025 | Dec 4, 2025 | $0.10 |
| Nov 3, 2025 | Nov 6, 2025 | $0.10 |
| Oct 1, 2025 | Oct 6, 2025 | $0.10 |
SPLB Risk
- 11.7%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.03
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −34.5%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.97
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SPLB Cost
- The middle half of Investment Grade Corporate (10+ Year) funds
- Median 0.15%
1 of the 7 Investment Grade Corporate (10+ Year) funds charge less.