State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF
SPDR SERIES TRUST · Series S000022923 · 1 share classes
data updated 2026-08-10
Fund profile
As filed in the prospectus · 2025 Q4
The State Street SPDR Portfolio Intermediate Term Corporate Bond ETF (the Fund) seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of an index that tracks the intermediate term (1-10 years) sector of the United States corporate bond market.
The fund tracks the Bloomberg U.S. Intermediate Corporate Bond Index using a sampling strategy, holding a subset of the index's securities selected to replicate its risk and return characteristics rather than all constituents. The index comprises investment-grade U.S. corporate bonds maturing in 1–10 years with at least $300 million outstanding, excluding structured notes, private placements, and floating-rate securities. Because the fund samples rather than holds all index securities, its performance may diverge from the index.
| Share class | Expense ratio |
|---|---|
| SPIB | 0.04% |
Portfolio turnover 30.00% · as of 2025 Q4
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q1
| Bonds | 98.63% |
| Cash & short-term | 5.57% |
Latest quarter
What changed since the fund's previous filing
Largest new: BANK OF AMERICA CORP ×2, JPMORGAN CHASE & CO, GOLDMAN SACHS GROUP INC, SALESFORCE INC, BANK OF MONTREAL, AMAZON.COM INC, ALPHABET INC
Largest exited: BANK OF AMERICA CORP, JPMORGAN CHASE & CO ×2, GOLDMAN SACHS GROUP INC ×2, MORGAN STANLEY PVT BANK, DUKE ENERGY CORP, WESTERN DIGITAL CORP
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Feb 2026
Mar 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-03-31
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Fixed rate | 99.9% |
| Floating rate | 0.1% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 0.0% |
| 1-3y | 26.8% |
| 3-5y | 27.5% |
| 5-10y | 41.6% |
| 10y+ | 4.1% |
Based on what filers reported; a filer that never reported a flag also reads as none.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q1
More of this fund’s sensitivity sits in credit spreads than in interest rates — a rate rally that comes with a credit selloff works against it.
Where the loss would come from. The two shocks are the same size, so this is the balance of the fund's two sensitivities rather than a bet on one moving more.
| Credit spreads | 50% |
| Interest rates | 50% |
Filers report the impact of a 0.01% move only, so the total is our own scaling of that one number and overstates the loss on most bonds — read it as approximate, never as precise. The two sensitivities overlap rather than add up: they measure the same positions against different shocks, which is why the durations above are shown side by side and never summed.
Share of the fund's spread duration carried by each credit tier.
| Investment grade | +4.17 yr |
| High yield | +0.03 yr |
Share of duration at each point, shortest first. A positive figure loses value when spreads widen; a negative one offsets — a credit hedge.
| 3 mo | 0.01 yr | 0% |
| 1 yr | 0.75 yr | 18% |
| 5 yr | 2.28 yr | 55% |
| 10 yr | 1.09 yr | 26% |
| 30 yr | 0.00 yr | 0% |
| 3 mo | 0.01 yr | 0% |
| 1 yr | 0.75 yr | 18% |
| 5 yr | 2.29 yr | 54% |
| 10 yr | 1.14 yr | 27% |
| 30 yr | 0.02 yr | 0% |
The two bands measure the same positions against different shocks and do not add — a Treasury carries rate duration and no spread duration, a floating-rate credit the reverse. Rate tenors are also summed across every currency the fund discloses.
Show the numbers
| Tenor | Rate yrs | IG yrs | HY yrs | IG $/bp | HY $/bp |
|---|---|---|---|---|---|
| 3 mo | +0.01 | +0.01 | +0.00 | $11.1k | $100 |
| 1 yr | +0.75 | +0.74 | +0.01 | $794.4k | $7.9k |
| 5 yr | +2.28 | +2.27 | +0.02 | $2.44m | $20.0k |
| 10 yr | +1.09 | +1.13 | +0.00 | $1.22m | $5.3k |
| 30 yr | +0.00 | +0.02 | +0.00 | $17.6k | $0 |
Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Value | Shares |
|---|---|---|---|---|
| — | State Street Global Advisors | 5.57% | $597.16M | — |
| — | MORGAN STANLEY PVT BANK4.46% · due 2031-11-19 | 0.30% | $32.75M | — |
| — | JPMORGAN CHASE & CO5.01% · due 2030-01-23 | 0.27% | $28.83M | — |
| — | BANK OF AMERICA CORP4.46% · due 2032-02-06 | 0.23% | $25.09M | — |
| — | ANHEUSER-BUSCH INBEV WOR4.75% · due 2029-01-23 | 0.22% | $23.78M | — |
| — | GEORGIA-PACIFIC LLC8.88% · due 2031-05-15 | 0.20% | $21.00M | — |
| — | BANK OF AMERICA CORP5.04% · due 2037-02-06 | 0.17% | $18.13M | — |
| — | JPMORGAN CHASE & CO5.19% · due 2037-02-05 | 0.17% | $18.18M | — |
| — | JPMORGAN CHASE & CO5.34% · due 2035-01-23 | 0.17% | $17.95M | — |
| — | GOLDMAN SACHS GROUP INC4.15% · due 2029-01-21 | 0.16% | $17.48M | — |
Top 10 positions are 7.46% of net assets, top 25 9.50%, across 994 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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