State Street SPDR Portfolio Short Term Corporate Bond ETF
State Street SPDR Portfolio Short Term Corporate Bond ETF (AMEX: SPSB) is an exchange-traded fund listed on NYSE Arca, trading at $29.61 (about ₹2,844 a unit) as of 30 Sep 2026, 10:48 AM ET. It has an expense ratio of 0.04% and holds 1,694 securities. Indian residents can buy SPSB through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$29.61
Today's high
$29.64
52 week low
$29.56
52 week high
$30.34
SPSB opened at $29.62, closed previously at $29.59, and has traded between $29.56 and $30.34 over the past 52 weeks.
About
SPSB delivers marketlike exposure to short-term US investment-grade corporate bonds. The fund holds USD-denominated, fixed rate and nonconvertible corporate issues, with 1 to 3 years remaining to maturity. The sectors included are Industrial, Utility, and Financial Institutions, which include both U.S. and non-US corporations. SPSB excludes structured notes with special features, private placements, floating rate securities, and Eurobonds. The underlying index is reconstituted monthly. SPSB uses a sampling index strategy, which purchases a subset of securities that matches the return, and risk characteristics of the underlying index. Prior to Oct. 31, 2025, the fund did not use the State Street brand reference in the fund name.
Key statistics
Expense ratio
0.04%
Assets (AUM)
$10.9B
Holdings
1,694
NAV
$29.63
Avg. volume
—
1-year price change
-2.15%
5-year price change
-5.25%
Price change excludes dividends.
Top 10 holdings
SPSB holds 1,694 securities in total. These 10 are 6.5% of the fund.
Where the money is invested
Countries
How to buy SPSB from India
Indian residents can buy SPSB units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
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 SPSB and buy
Find the fund by its ticker, SPSB, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Read the full guide: how to invest in SPSB from India
Trading and taxes when buying SPSB 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
Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
What is the SPSB price today?
State Street SPDR Portfolio Short Term Corporate Bond ETF (SPSB) last traded at $29.61 on NYSE Arca, as of 30 Sep 2026, 10:48 AM ET. That is ₹2,844 a unit at the 29 Sep 2026 USD/INR rate.
When does SPSB 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 SPSB, and what does it cost to hold?
State Street SPDR Portfolio Short Term Corporate Bond ETF manages about $10.9B. Its expense ratio is 0.04% a year, deducted inside the fund. It launched in 2009.
What are SPSB's largest holdings?
The top three are US DOLLAR (2.3%), SALESFORCE INC SR UNSECURED 03/29 4.65 (0.7%) and AERCAP IRELAND CAP/GLOBA COMPANY GUAR 10/28 3 (0.5%). SPSB's 10 largest positions make up 6.5% of the fund.
Does SPSB pay dividends?
Yes. SPSB 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 SPSB 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 SPSB?
Yes. You can buy SPSB by amount rather than by whole unit, and there is no minimum trade size.
How has SPSB performed?
SPSB's price is down 2.1% over the past year and down 5.2% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.