OBND

State Street Loomis Sayles Opportunistic Bond ETF

$26.16
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The SPDR Loomis Sayles Opportunistic Bond ETF seeks to provide total return by investing in a diversified portfolio of fixed income securities.

Overview

ETF tracking State Street Loomis Sayles Opportunistic Bond ETF

Issuer Other
Inception Date 2021-09-28
Market Cap $48.4M
Average Volume N/A
Dividend Yield 5.20%
52-Week Range $25.13 - $26.44
VWAP $26.18

Performance

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Investment Summary

📎 Investment Objective

The SPDR Loomis Sayles Opportunistic Bond ETF seeks to provide total return by investing in a diversified portfolio of fixed income securities.

🎯 Investment Strategy

The fund employs an actively managed strategy, utilizing fundamental research and credit analysis to identify undervalued fixed income securities across sectors and credit qualities. The portfolio managers aim to take advantage of market inefficiencies to generate returns.

✨ Key Features

  • Actively managed fixed income ETF with a flexible, opportunistic approach
  • Invests across a range of fixed income sectors and credit qualities
  • Seeks to generate total return through security selection and market timing
  • Relatively low assets under management as a new fund

⚠️ Primary Risks

  • Interest rate risk as bond prices may decline with rising rates
  • Credit risk if the fund invests in lower-quality or high-yield bonds
  • Liquidity risk for less-traded or thinly-traded securities
  • Active management risk if the fund's strategy underperforms the broader bond market

👤 Best For

This ETF may be suitable for investors seeking an actively managed fixed income solution that aims to generate total return through flexible, opportunistic investing. It may be appropriate as a complement to a broader bond portfolio, but carries higher risk than more traditional bond funds.