Morningstar

State Street® 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 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 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.

A spicy ultrashort offering.

Analyst Saraja Samant

Saraja Samant

Analyst

Summary

State Street Ultra Short Term Bond's flexible approach is a strength, but the use of that flexibility in courting interest rate risk through duration requires patience.

by Saraja Samant
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 15.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 4.125%

12.60 65M
Government

United States Treasury Bills 0%

7.79 40M
Government

Ssi Us Gov Money Market Class State Street Inst Us Gov

6.55 34M
Cash and Equivalents

United States Treasury Bills 0%

5.84 30M
Government

United States Treasury Notes 3.625%

3.53 18M
Government

United States Treasury Notes 4%

3.34 17M
Government

Athene Global Funding 2.95%

2.77 14M
Cash and Equivalents

2 Year Treasury Note Future Dec 26

2.58 13M
Government

The Toronto-Dominion Bank 4.568%

1.93 10M
Corporate

Athene Global Funding 4.83%

1.54 8M
Corporate

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