SPDR Portfolio Aggregate Bond ETF SPAB is a solid pick for core investment-grade bond fund. Under our new ratings framework, which places greater emphasis on fees, the fund merits an upgrade to a Morningstar Analyst Rating of Gold from Silver.
Will SPAB outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SPAB’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the SPAB management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of SPAB’s parent organization’s priorities and whether they’re in line with investors’ interests.