{"id":3503,"date":"2021-10-14T06:34:20","date_gmt":"2021-10-14T06:34:20","guid":{"rendered":"https:\/\/investwithanedge.com\/?page_id=3503"},"modified":"2021-11-22T13:15:05","modified_gmt":"2021-11-22T13:15:05","slug":"scpb-a-short-term-corporate-bond-etf-arrives-2","status":"publish","type":"page","link":"https:\/\/investwithanedge.com\/scpb-a-short-term-corporate-bond-etf-arrives\/","title":{"rendered":"SCPB: A Short Term Corporate Bond ETF Arrives"},"content":{"rendered":"

\"\"State Street Global Advisors launched SPDR Barclays Capital Short Term Corporate Bond ETF (SCPB) yesterday (12\/17\/2009). Numerous new bond ETFs came on the market this year, but this one is especially welcome because it is a \u2018corporate\u2019 bond fund.<\/p>\n

The new SCPB ETF (fund overview) invests only in investment-grade (average credit quality: A2\/A3), short-term corporate bonds that are typically less sensitive to interest rate movements than intermediate or long-term bonds. The fund will have a 0.12% expense ratio.<\/p>\n

According to the fact sheet, the underlying index has 572 holdings, a 1.9 year adjusted duration, and a 2.69% yield. There is some confusion in the market regarding \u2018corporate\u2019 bond funds and \u2018credit\u2019 bond funds, with the terms sometimes used interchangeably. SSGA has put together a Corporate vs. Credit Special Report to help clarify the differences.<\/p>\n","protected":false},"excerpt":{"rendered":"

State Street Global Advisors launched SPDR Barclays Capital Short Term Corporate Bond ETF (SCPB) yesterday (12\/17\/2009). Numerous new bond ETFs came on the market this year, but this one is especially welcome because it is a \u2018corporate\u2019 bond fund. The new SCPB ETF (fund overview) invests only in investment-grade (average credit quality: A2\/A3), short-term corporate …<\/p>\n","protected":false},"author":4,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"acf":[],"_links":{"self":[{"href":"https:\/\/investwithanedge.com\/wp-json\/wp\/v2\/pages\/3503"}],"collection":[{"href":"https:\/\/investwithanedge.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/investwithanedge.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/investwithanedge.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/investwithanedge.com\/wp-json\/wp\/v2\/comments?post=3503"}],"version-history":[{"count":1,"href":"https:\/\/investwithanedge.com\/wp-json\/wp\/v2\/pages\/3503\/revisions"}],"predecessor-version":[{"id":4255,"href":"https:\/\/investwithanedge.com\/wp-json\/wp\/v2\/pages\/3503\/revisions\/4255"}],"wp:attachment":[{"href":"https:\/\/investwithanedge.com\/wp-json\/wp\/v2\/media?parent=3503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}