Does make_shared do a default initialization (zero-init) for each member variable

Take an ordinary struct (or class) with Plain Old Data types and objects as members. Note that there is no default constructor defined.

struct Foo
{
    int x;
    int y;
    double z;
    string str;
};

Now if I declare an instance f on the stack and attempt to print its contents:

{
    Foo f;
    std::cout << f.x << " " << f.y << " " << f.z << f.str << std::endl;
}

The result is garbage data printed for x, y, and z. And the string is default initialized to be empty. As expected.

If I create an instance of a shared_ptr<Foo> using make_shared and print:

{
    shared_ptr<Foo> spFoo = make_shared<Foo>();
    cout << spFoo->x << " " << spFoo->y << " " << spFoo->z << spFoo->str << endl;
}

Then, x, y, and z are all 0. Which makes it appear that shared_ptr performs a default initialization (zero init) on each member after the object instance is constructed. At least that's what I observe with Visual Studio's compiler.

Is this standard for C++? Or would it be necessary to have an explicit constructor or explicit ={} statement after instantiation to guarantee zero-init behavior across all compilers?