State Street SPDR Portfolio Corporate Bond ETF
State Street SPDR Portfolio Corporate Bond ETF (AMEX: SPBO) is an exchange-traded fund listed on NYSE Arca, trading at $27.45 (about ₹2,648 a unit) as of 7 Oct 2026, 12:18 PM ET. It has an expense ratio of 0.03% and holds 4,397 securities. Indian residents can buy SPBO through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$27.30
Today's high
$27.45
52 week low
$27.25
52 week high
$29.93
SPBO opened at $27.32, closed previously at $27.49, and has traded between $27.25 and $29.93 over the past 52 weeks.
About
The State Street SPDR Portfolio Corporate Bond ETF (SPBO) aims to mirror the investment performance, encompassing both price appreciation and income generation, of the Bloomberg U.S. Corporate Bond Index, prior to accounting for fees and expenses. This ETF is a component of the cost-efficient core State Street SPDR Portfolio series, a collection of funds crafted to offer extensive and varied investment in fundamental asset categories. It serves as an economical fund designed to deliver accurate and complete exposure to U.S. corporate debt, which represents the corporate segment of the broader Bloomberg Aggregate Bond Index. For inclusion in the underlying index, bonds must possess a minimum outstanding par value of $300 million and have a remaining maturity of no less than one year. The index undergoes rebalancing on the final business day of each month.
Key statistics
Expense ratio
0.03%
Assets (AUM)
$2.1B
Holdings
4,397
NAV
$27.39
Avg. volume
—
1-year price change
-7.06%
5-year price change
-21.45%
Price change excludes dividends.
Top 10 holdings
SPBO holds 4,397 securities in total. These 10 are 2.4% of the fund.
Where the money is invested
Countries
How to buy SPBO from India
Indian residents can buy SPBO units through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers. Read the full guide: how to invest in SPBO from India
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search SPBO and buy
Find the fund by its ticker, SPBO, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Track holdings and download tax reports
Follow your SPBO position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Trading and taxes when buying SPBO from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- Taxable in IndiaGains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
FAQs
What is the SPBO price today?
State Street SPDR Portfolio Corporate Bond ETF (SPBO) last traded at $27.45 on NYSE Arca, as of 7 Oct 2026, 12:18 PM ET. That is ₹2,648 a unit at the 6 Oct 2026 USD/INR rate.
When does SPBO trade, in Indian time?
NYSE Arca trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is SPBO, and what does it cost to hold?
State Street SPDR Portfolio Corporate Bond ETF manages about $2.1B. Its expense ratio is 0.03% a year, deducted inside the fund. It launched in 2011.
What are SPBO's largest holdings?
The top three are SSI US GOV MONEY MARKET CLASS (0.8%), CITIGROUP INC SR UNSECURED 05/33 VAR (0.2%) and BANK OF AMERICA CORP SR UNSECURED 12/28 VAR (0.2%). SPBO's 10 largest positions make up 2.4% of the fund.
Does SPBO pay dividends?
Yes. SPBO is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate.
How are gains on SPBO taxed in India?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
Can I buy fractional units of SPBO?
Yes. You can buy SPBO by amount rather than by whole unit, and there is no minimum trade size.
How has SPBO performed?
SPBO's price is down 7.1% over the past year and down 21.5% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.