HYBL
State Street Blackstone High Income ETF
📎 Investment Objective
The SPDR Blackstone High Income ETF seeks to provide high current income by investing in a diversified portfolio of high-yield fixed income securities.
Overview
ETF tracking State Street Blackstone High Income ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The SPDR Blackstone High Income ETF seeks to provide high current income by investing in a diversified portfolio of high-yield fixed income securities.
🎯 Investment Strategy
The fund invests primarily in high-yield corporate bonds and other debt instruments, including floating-rate loans, with the goal of generating a high level of current income. The portfolio is actively managed by Blackstone's fixed income team to identify attractive opportunities across the high-yield credit spectrum.
✨ Key Features
- Exposure to a diversified portfolio of high-yield fixed income securities
- Actively managed approach to identify attractive high-yield credit opportunities
- Potential for high current income generation
- Expense ratio of 0.00%
⚠️ Primary Risks
- High-yield bond risk: Investments in lower-rated and unrated securities are subject to greater risk of loss of income and principal than higher-rated securities
- Interest rate risk: Bond prices may decline due to rising interest rates
- Credit risk: Issuers may fail to make principal and interest payments
- Liquidity risk: Difficulty buying or selling holdings at an optimal time and price
👤 Best For
This ETF may be suitable for investors seeking high current income and who are willing to accept the increased risks associated with high-yield fixed income investments. Investors should have a medium to long-term investment horizon and a higher risk tolerance.