SPLB Fees and Costs — State Street(R) SPDR(R) Portfolio Long Term Corporate Bond ETF
Data updated: 2026-09-11
The net expense ratio is 0.04%. There are no sales loads or redemption fees. Portfolio turnover was 58%.
SPLB Fees and Expenses
Annual operating expenses and sales charges of SPLB. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.04% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.04% |
| Fee waiver | — |
| Net expense ratio | 0.04% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
SPLB Costs Over Time
On $10,000 invested in SPLB, assuming 5% a year before costs, total costs come to $26 over 5 years, cutting the return by 0.04% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.04%) | $4 | $13 | $23 |
| Lost growth on money paid in costs | $0 | $1 | $2 |
| Total costs | $4 | $14 | $26 |
| Value after costs | $10,496 | $11,562 | $12,737 |
| Impact on return, per year | 0.04% | 0.04% | 0.04% |
SPLB Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $979.4M
- Portfolio turnover (prospectus): 58%
- Securities on loan, average value: $69.0M
- Net income from securities lending: $166K (0.014% of average net assets)
SPLB Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $374.2M | 46.20% |
| Citigroup Global Markets Inc. | $73.0M | 9.02% |
| J.P. Morgan Securities LLC | $65.5M | 8.09% |
| Goldman Sachs & Co. LLC | $57.0M | 7.04% |
| BofA Securities, Inc. | $55.6M | 6.87% |
| Morgan Stanley & Co. LLC | $50.6M | 6.25% |
| Jane Street Execution Services, LLC | $45.0M | 5.56% |
| BNY Capital Markets, LLC | $40.3M | 4.97% |
| Deutsche Bank Securities Inc. | $25.7M | 3.17% |
| Wells Fargo Securities, LLC | $22.9M | 2.83% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.