About SPDR Portfolio Intermediate Term Corporate Bond ETF (SPIB)

The SPDR Portfolio Intermediate Term Corporate Bond ETF (SPIB) is a popular exchange-traded fund that provides investors with exposure to a diversified portfolio of intermediate-term corporate bonds. The ETF aims to track the performance of the Bloomberg Barclays U.S. Intermediate Corporate Bond Index, which includes investment-grade corporate bonds with maturities ranging from 1 to 10 years. This makes SPIB suitable for investors seeking a balanced mix of income and duration in their fixed income portfolio.

One of the key advantages of investing in SPIB is its low expense ratio, which is a mere fraction of the average expense ratio for actively managed intermediate-term bond funds. This allows investors to keep a larger portion of their investment returns. Additionally, SPIB offers a competitive yield and may provide diversification benefits when compared to other fixed income investments. It can be a suitable addition to a portfolio that already holds government bonds or other corporate bond funds.