2024-01-31 16:04:39 ET
Summary
- SPSB invests in U.S. investment-grade corporate bonds with a maturity of 1-3 years as a conservative or low-risk bond fund.
- SPSB is a good alternative to similar maturity Treasuries by offering a higher yield and return potential.
- SPSB can complement a broader more diversified portfolio to both limit risk while delivering a solid monthly income component.
The SPDR Portfolio Short Term Corporate Bond ETF ( SPSB ) invests across U.S. investment-grade corporate bonds with a maturity between 1 and 3 years. In this case, SPSB isn't necessarily the most conservative bond fund in the market, but it can be a good alternative to cash or money-market funds....
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For further details see:
SPSB: The Sweet Spot In Short-Term Corporate Bonds Yielding +5.5%