SPDR Portfolio Corporate Bond ETF (SPBO) Quote

to provide investment results thatbefore fees and expenses correspond generally to the price and yield performance of an index that tracksthe U.S. corporate bond market Under normal market conditions, the Fund generally invests substantially all, but at least 80%, of its total assets in the securiti... to provide investment results thatbefore fees and expenses correspond generally to the price and yield performance of an index that tracksthe U.S. corporate bond market Under normal market conditions, the Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the Index. In addition, in seeking to track the Index, the Fund may invest in debt securities that are not included in the Index, cash and cash equivalents or money market instruments, such as repurchase agreements and money market funds (including money market funds advised by the Adviser). In seeking to track the Index, the Fund's assets may be concentrated in an industry or group of industries, but only to the extent that the Index concentrates in a particular industry or group of industries. Show more