About SPDR Bloomberg Barclays International Corporate Bond ETF (IBND)

The SPDR Bloomberg Barclays International Corporate Bond ETF (IBND) is an exchange-traded fund that provides investors with exposure to a diversified portfolio of international corporate bonds. The fund seeks to track the performance of the Bloomberg Barclays Global Aggregate ex-USD > $1B: Corporate Bond Index. This index includes investment-grade corporate bonds from issuers around the world, excluding the United States, with a minimum outstanding amount of $1 billion.

IBND offers investors a convenient way to gain exposure to international corporate bonds, which can provide diversification benefits and potentially higher yields compared to domestic bonds. By investing in a broad range of international issuers, the fund aims to minimize credit risk and capture opportunities in different regions and sectors. The portfolio is weighted by market value, with larger issuers having a greater impact on performance.