SPDR Bloomberg International Corporate Bond ETF
IBND
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- One Iron Street Boston MA United States of America 2210
- IPO Date
- May 20, 2010
- CIK
- 0001064642
- Website
- ssga.com
- Similar Companies
- Business
- SPDR Bloomberg International Corporate Bond ETF (IBND) is an exchange-traded fund that seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg Global Aggregate ex-USD >$1B: Corporate Bond Index. The fund offers investors broad exposure to the global investment-grade, fixed-rate corporate bond market outside the United States, investing at least 80% of its total assets in securities comprising the index; these include investment-grade corporate bonds with a minimum USD-equivalent market capitalization of $1 billion, at least one year to maturity, and ratings of Baa3/BBB-/BBB- or better from Moody's, S&P, or Fitch. Key portfolio characteristics encompass 938 holdings, an option-adjusted duration of 4.64 years, an option-adjusted spread of 71.2 basis points, and a quality breakdown weighted toward A-rated (57.18%) and Baa-rated (31.64%) securities; top country exposures feature the United States (27.29%), France (21.11%), Germany (10.30%), and the United Kingdom (9.97%). Launched on May 19, 2010, and managed by State Street Global Advisors, a division of State Street Corporation headquartered in Boston, Massachusetts, IBND operates as a regulated investment company listed on NYSE Arca with a gross expense ratio of 0.50% and total net assets of approximately $410 million as of late 2025. The fund targets institutional and retail investors seeking diversified fixed-income exposure to developed markets in Europe, Asia-Pacific, and other non-U.S. regions, excluding subordinated debts, convertibles, floating-rate notes, perpetuities, inflation-linked bonds, and structured notes. Notable recent developments include a name change in October 2021 from SPDR Bloomberg Barclays International Corporate Bond ETF to its current designation, coinciding with Bloomberg's index rebranding from Barclays to Bloomberg Global Aggregate ex-USD >$1B: Corporate Bond Index in August 2021; these updates aligned the fund with revised benchmark nomenclature without altering its investment strategy. In 2025, the fund sustained year-to-date returns of approximately 15.55% (NAV basis) through September, reflecting resilience amid global rate dynamics, alongside a 30-day SEC yield of 2.63%; institutional interest grew with new positions established by firms such as D.A. Davidson & CO. ($537,000 in Q2 2025), IFP Advisors Inc., MJT & Associates, and International Assets Investment Management LLC. State Street Global Advisors has further expanded proxy voting choice options for ETF investors, including IBND-eligible assets, with 63% adoption growth among U.S. ETF and mutual fund shareholders by Q1 2025, enhancing governance flexibility across its $4.72 trillion in assets under management.