Market Tracker

10/24 6:05pm ET

SPDR® Barclays Long Term Corporate Bond ETF (LWC)

41.03
Data as of 3:59pm ET
 -0.02 / -0.05%
Today’s Change
36.51
Today|||52-Week Range
42.89
+10.53%
Year-to-Date

Investment Objective

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of an index that tracks the long term (10+ years) sector of the United States corporate bond market. The fund employs a sampling strategy in seeking to track the performance of the Barclays U.S. Long Term Corporate Bond Index. It invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in securities that have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The fund is non-diversified.

Performance

1 month+2.83% 3 years+7.47%
3 months+1.93% 5 years+8.59%
1 year+13.41% Since inception+11.80%
Data through 10/23/2014

Quote Details

Previous close$41.05
Open day’s range41.03 – 41.29
Net asset value (NAV)40.99 (10/22/2014)
Daily volume8,336
Average volume (3 months)61,719
Data as of 3:59pm ET, 10/24/2014

Peer Comparisonvs. Corporate bond ETFs

 LWCCategory
Performance 5-yr return+8.59%+6.07%
Expense Gross exp ratio0.15%0.20%
Risk 5 year sharpe ratio0.991.36
Net assets$212.0M$1.0B
Average market cap----
Average P/E----
Dividend / Share--0.20%

Competitors

CBND SPDR® Barclays Issuer Scored Corporate ...
VCIT Vanguard Intermediate-Term Corporate Bon...
PFIG PowerShares Fundamental Investment Grade...

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- Verizon Comms 6.55%1.27%
-- Goldman Sachs Grp 6.75%0.73%
-- Verizon Comms 6.4%0.67%
-- Verizon Comms 144A 4.862%0.64%
-- General Elec Cap Corp Mtn Be 6.75%0.62%
-- Wal-Mart Stores 6.5%0.55%
-- General Elec Cap Corp Mtn Be 5.875%0.55%
-- France Telec 31 SrN0.50%
-- Glaxosmithkline Cap 6.375%0.48%
-- Morgan Stanley 5%0.44%