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Morningstar

SPDR® SSgA Ultra Short Term Bond ETF ULST

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

Morningstar’s Analysis ULST

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

  • People Pillar

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

Continuing to evolve.

Associate Analyst Elizabeth Templeton

Elizabeth Templeton

Associate Analyst

Summary

SPDR SSgA Ultra Short Term Bond ETF’s ULST evolving approach has been successful so far, but further evidence of strong decision-making across different market environments is needed before assigning more conviction. The strategy earns a Morningstar Medalist Rating of Neutral.

by Elizabeth Templeton
Rated on Published on

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Portfolio Holdings ULST

More ULST Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 15.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Ssi Us Gov Money Market Class State Street Inst Us Gov

8.09 46.8 Mil
Cash and Equivalents

United States Treasury Bills 0%

7.72 44.6 Mil
Government

United States Treasury Bills 0%

6.89 39.8 Mil
Government

United States Treasury Notes 4.75%

3.47 20.1 Mil
Government

Us 5yr Note (Cbt) Jun24 Xcbt 20240628

3.27 18.9 Mil
Government

American Express Credit Account Master Trust 3.39%

3.04 17.6 Mil
Securitized

Parker-Hannifin Corp. 3.65%

1.89 11.0 Mil
Cash and Equivalents

Sumitomo Mitsui Financial Group Inc. 5.464%

1.73 10.0 Mil
Corporate

HYUNDAI AUTO LEASE SECURITIZATION TRUST 2023-A 5.05%

1.72 10.0 Mil
Securitized

MERCEDES-BENZ AUTO LEASE TRUST 2023-A 4.74%

1.71 9.9 Mil
Securitized