Morningstar

SPDR® Portfolio Interm Term Corp Bd ETF SPIB

Morningstar Medalist Rating
Medalist Rating as of | See State Street Investment Hub

Morningstar’s Analysis SPIB

Will SPIB outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SPIB’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the SPIB management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of SPIB’s parent organization’s priorities and whether they’re in line with investors’ interests.

Efficient exposure to corporate bonds from the first half of the maturity curve.

Analyst Lan Anh Tran

Lan Anh Tran

Analyst

Summary

We have qualitatively reviewed this strategy and reaffirmed its Above Average Process and People ratings. SPDR Portfolio Intermediate Term Corporate Bond ETF has a low fee and broad scope that provide a strong foundation for its portfolio. The fund’s shorter duration and slight quality tilt can add to its performance edge and help cushion performance during major interest-rate and credit shocks. The following text is from July 3, 2023.

by Lan Anh Tran
Rated on Published on

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Portfolio Holdings SPIB

More SPIB Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 1.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Ssi Us Gov Money Market Class State Street Inst Us Gov

0.33 31.2 Mil
Cash and Equivalents

Citigroup Inc. 5.411%

0.17 16.1 Mil
Corporate

Bank of America Corp. 5.425%

0.16 15.3 Mil
Corporate

Wells Fargo & Co. 5.707%

0.15 14.3 Mil
Corporate

Bank of America Corp. 1.734%

0.14 12.8 Mil
Corporate

Morgan Stanley 3.591%

0.13 12.6 Mil
Corporate

Goldman Sachs Group, Inc. 4.25%

0.13 12.5 Mil
Corporate

Morgan Stanley 1.512%

0.12 11.7 Mil
Corporate

Bank of America Corp. 3.419%

0.12 11.3 Mil
Corporate

AbbVie Inc. 2.95%

0.12 11.1 Mil
Corporate

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