The Morningstar Category is the peer group used to determine an investment's relative merits. In this case, the move has resulted in this strategy's Morningstar Medalist Rating being upgraded to Silver from Bronze. The portfolio maintains a sizable cost advantage over competitors, priced within the second-lowest fee quintile among peers. The strategy changed its peer group in May, moving from the Ultrashort Bond category to the Short-Term Bond Morningstar Category.
BlackRock Short Duration Bond ETF NEAR
Morningstar’s Analysis NEAR
Will NEAR outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 55.0
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Us 2Yr Note Sep 24 | 31.83 | 943.2 Mil | Government |
United States Treasury Notes 4.625% | 15.47 | 458.4 Mil | Government |
United States Treasury Notes 4.25% | 4.55 | 134.9 Mil | Government |
United States Treasury Notes 4.625% | 4.12 | 122.1 Mil | Government |
United States Treasury Notes 4.5% | 4.05 | 120.1 Mil | Government |
EUR/USD Purchased | 3.29 | 97.4 Mil | Derivative |
United States Treasury Notes 4.25% | 3.06 | 90.7 Mil | Government |
United States Treasury Notes 4% | 2.90 | 86.0 Mil | Government |
United States Treasury Notes 4.125% | 2.84 | 84.1 Mil | Government |
GBP/USD Purchased | 1.89 | 56.0 Mil | Derivative |