What is SPSB?

SPSB tracks a market-value-weighted index of fixed-rate investment-grade nonconvertible US corporate bonds with 1-3 years remaining in maturity.

PERFORMANCE [as of 03/22/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
SPSB 0.86% 1.05% 1.25% 0.49% 3.58% 1.74% 1.44%
SPSB (NAV) 0.83% 0.42% 1.33% -1.02% -0.21% 1.51% 1.36%
Bloomberg U.S. Corporate Bond 1-3 Year Index 0.83% 1.05% 1.21% 0.37% 1.86% 1.74% 1.59%
ICE BofA 1-5 Year AAA US Corporate Index 2.14% 1.77% 2.01% -0.78% 0.64% 1.46% 1.31%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

SPSB Factset Analytics Insight

SPSB delivers marketlike exposure to short-term US investment-grade corporate bonds. The fund holds USD-denominated, fixed rate and nonconvertible corporate issues, with 1 to 3 years remaining to maturity. The sectors included are Industrial, Utility, and Financial Institutions, which include both U.S. and non-US corporations. SPSB excludes structured notes with special features, private placements, floating rate securities, and Eurobonds. The underlying index is reconstituted monthly. SPSB uses a sampling index strategy, which purchases a subset of securities that matches the return, and risk characteristics of the underlying index.

SPSB Summary Data

12/16/09
0.04%
$7.78B
Bloomberg U.S. Corporate Bond 1-3 Year Index
ICE BofA 1-5 Year AAA US Corporate Index
Open-Ended Fund

Peers

ICE BofA 1-5 Year AAA US Corporate Index

Fund Flows

-$0.09B 5 Days
-$0.11B 30 Days
+$0.59B 90 Days

SPSB Portfolio Data

1.85
--
5.25%
N/A
--

SPSB Index Data

Bloomberg U.S. Corporate Bond 1-3 Year Index
Market Value
Market Value
ICE BofA 1-5 Year AAA US Corporate Index

SPSB Portfolio Management

0.04%
0.02%
0.13%
-0.07%

SPSB Tax Exposures

20.00% / 39.60%
0.05%
Ordinary income
No

SPSB Fund Structure

Open-Ended Fund
No
Yes
-- / --
N/A
N/A
Low
Daily

Factset Analytics Block Liquidity

As of 03/23/23

This measurement shows how easy it is to trade a $1 million USD block of SPSB. SPSB is rated a 5 out of 5.

SPSB Tradability

3,833,071
$113.02M
3,499,238
$102.98M
0.03%
$0.01
0.04%
0.19% / -0.15%
None
100.00%
100,000
34.99
0.02%
--
503
$29.57
5

SPSB Sector/Industry Breakdown

SPSB Segment
Benchmark
53.86% --
5.65% --
4.96% --
4.65% --
3.69% --
3.53% --
3.49% --
2.79% --
2.55% --
2.31% --

SPSB Top 10 Holdings

0.52%
0.41%
0.41%
0.40%
0.40%
0.39%
0.39%
0.36%
0.35%
0.35%
3.99%

SPSB Performance Statistics

0.88
0.59
--
--
--

SPSB Top 5 Countries

SPSB Segment
Benchmark
81.47% --
6.22% --
5.35% --
2.78% --
0.98% --

SPSB Top 5 Currencies

SPSB Segment
Benchmark
81.47% --
6.22% --
5.35% --
2.78% --
0.98% --

SPSB Avg Life Maturity Distribution

0.56%
37.34%
58.34%
3.75%
0.01%
0.01%
--
--
0.00%

SPSB OAS Breakdown

73.84%
23.31%
1.57%
1.07%
0.21%
--
--
--
--
--
--

SPSB Holdings Statistics

2.12 years
1.85
5.25%
1.97
--
--
0.79%