SPDR Portfolio Long Term Corpo (SPLB)

About

SPDR Barclays Long Term Corporate Bond ETF (the Fund), formerly SPDR Barclays Capital Long Term Credit Bond ETF, seeks to provide investment results that correspond generally to the price and yield performance of an index that tracks the long-term (10+ years) sector of the United States investment bond market. The Fund uses a passive management strategy designed to track the price and yield performance of the Barclays Capital U.S. Long Credit Index (the Long Credit Index). The Long Credit Index measures the performance of the long-term sector of the United States investment bond market, which as defined by the Long Credit Index includes investment-grade corporate debt and sovereign, supranational, local authority and non-United States agency bonds that are dollar denominated and have a remaining maturity of greater than or equal to 10 years. The Fund's investment advisor is SSgA Funds Management, Inc.