Market Tracker

04/24 5:16pm ET

SPDR Barclays Long Term Corporate Bond ETF (LWC)

40.12
Data as of 3:56pm ET
 +0.11 / +0.27%
Today’s Change
35.67
Today|||52-Week Range
42.06
+8.08%
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+2.93% 3 years+9.01%
3 months+5.35% 5 years+11.46%
1 year+0.22% Since inception+11.85%
Data through 04/24/2014

Quote Details

Previous close$40.01
Open day’s range39.93 – 40.12
Net asset value (NAV)39.71 (04/23/2014)
Daily volume12,327
Average volume (3 months)17,762
Data as of 3:56pm ET, 04/24/2014

Peer Comparisonvs. Corporate bond ETFs

 LWCCategory
Performance 5-yr return+11.46%+8.85%
Expense Gross exp ratio0.15%0.19%
Risk 5 year sharpe ratio1.341.76
Net assets$86.0M$1.3B
Average market cap--$35.3B
Average P/E--19.4
Dividend / Share--0.22%

Competitors

VCIT Vanguard Intermediate-Term Corporate Bon...
CFT iShares Credit Bond ETF
VCLT Vanguard Long-Term Corporate Bond ETF

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- Verizon Comms 6.55%1.89%
-- General Elec Cap Corp Mtn Be 6.75%0.72%
-- Goldman Sachs Grp 6.75%0.70%
-- Conocophillips 6.5%0.58%
-- General Elec Cap Corp Mtn Be 5.875%0.56%
-- Verizon Comms 6.4%0.55%
-- Amer Intl Grp FRN0.50%
-- Deutsche Telekom Intl Fin B V 8.25%0.47%
-- At&T 5.35%0.41%
-- Vale Overseas 6.875%0.40%