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Morningstar

SPDR® Portfolio Mortgage Backed Bond ETF SPMB

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

Morningstar’s Analysis SPMB

Will SPMB 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 SPMB’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the SPMB 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 SPMB’s parent organization’s priorities and whether they’re in line with investors’ interests.

SPDR ® Portfolio Mortgage Backed Bond ETF’s Process Pillar rating is Average, but a strong management team still helps this strategy retain its Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings SPMB

More SPMB Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 6.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

State Street Instl Liquid Reserves Prem

5.54 305.1 Mil
Cash and Equivalents

Federal Home Loan Mortgage Corp. 5.5%

0.78 43.0 Mil
Securitized

Federal National Mortgage Association 2%

0.75 41.2 Mil
Securitized

Federal National Mortgage Association 4.5%

0.71 39.3 Mil
Securitized

Fnma Pass-Thru I 2%

0.65 35.8 Mil
Securitized

Federal Home Loan Mortgage Corp. 2%

0.63 34.5 Mil
Securitized

Federal Home Loan Mortgage Corp. 2.5%

0.60 33.1 Mil
Securitized

Federal Home Loan Mortgage Corp. 2%

0.55 30.2 Mil
Securitized

Federal National Mortgage Association 2.5%

0.52 28.6 Mil
Securitized

Government National Mortgage Association 6.5%

0.52 28.5 Mil
Securitized