Morningstar

State Street® SPDR® Portfolio Intermediate Term Corporate Bond ETF SPIB

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

Morningstar’s Analysis SPIB

Will SPIB outperform in the 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.

The fund’s limited scope earns it a downgrade.

Senior Associate Analyst Brendan McCann

Brendan McCann

Senior Associate Analyst

Summary

SPDR Portfolio Intermediate Term Corporate Bond is a reasonable choice for corporate bond exposure, but its narrow scope limits its appeal, resulting in a Process Pillar downgrade to Average from Above Average.

by Brendan McCann
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 3.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Alphabet Inc. 4.875%

0.46 52M
Corporate

Amazon.com, Inc. 4.8%

0.42 47M
Corporate

Morgan Stanley Bank, National Association (Utah) 5.016%

0.39 44M
Corporate

HSBC Holdings PLC 5.243%

0.38 43M
Corporate

NVIDIA Corp. 4.5%

0.35 40M
Corporate

Space Exploration Technologies Corp. 5.35%

0.31 35M
Corporate

Bank of Nova Scotia 4.904%

0.24 27M
Corporate

Oracle Corp. 4.95%

0.23 26M
Corporate

CITIGROUP INC SR UNSECURED 09/32 VAR

0.23 26M
Corporate

Morgan Stanley 5.296%

0.21 24M
Corporate

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