SPBO stock icon

SPDR Portfolio Corporate Bond ETF
SPBO

$30.13
0.1%

Market Cap: $1.69B

0
Funds holding %
of 6,710 funds
–
Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

44% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 18

25% more funds holding in top 10

Funds holding in top 10: 4 [Q1] → 5 (+1) [Q2]

6% more funds holding

Funds holding: 124 [Q1] → 132 (+8) [Q2]

5% more capital invested

Capital invested by funds: $1.09B [Q1] → $1.14B (+$50.6M) [Q2]

0% more repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 47

2.23% less ownership

Funds ownership: 80.77% [Q1] → 78.54% (-2.23%) [Q2]

79% less call options, than puts

Call options by funds: $43K | Put options by funds: $207K

See Fund Rankings

Research analyst outlook

We haven’t received any recent analyst ratings for SPBO.

See Analyst Rankings

Financial journalist opinion

Positive
Seeking Alpha
3 months ago
SPBO: Intermediate Duration Corporate Bond Fund, 5.4% Yield
Institutions prefer intermediate duration bonds in the current high rate environment. The SPDR Portfolio Corporate Bond ETF seeks to mimic the Bloomberg U.S. Corporate Bond Index. The fund invests in a diversified portfolio of investment-grade corporate bonds with an average maturity of 7 years. It currently offers a yield of 5.34%.
SPBO: Intermediate Duration Corporate Bond Fund, 5.4% Yield
Positive
Seeking Alpha
5 months ago
SPBO: High Quality Corporate Bond Exposure In A Single Fund
SPDR Portfolio Corporate Bond ETF offers access to high-quality investment-grade corporate bonds with a diverse and broad-based portfolio. SPBO's holdings primarily consist of investment-grade corporate bonds with low default rates, providing a relatively safer investment option. The ETF has a high yield and potential for long-term capital appreciation, making it an attractive choice for income investors.
SPBO: High Quality Corporate Bond Exposure In A Single Fund
Positive
Seeking Alpha
6 months ago
The Credit Opportunity In M&A
M&A was almost dormant in 2023. In the US, as a proportion of the market value of the benchmark equity indices, it fell to its lowest level in 20 years, according to McKinsey. Credit investors are not traditionally supposed to be fans of M&A, and it's true we are wary of leveraging M&A, where debt is loaded onto balance sheets to buy competitors. We are seeing a comeback for M&A that we think is likely to continue through 2024.
The Credit Opportunity In M&A
See News Rankings