STOT

State Street DoubleLine Short Duration Total Return Tactical ETF

$47.37

+0.00%

Market closed. Last update: 11:37 PM ET

📎 Investment Objective

The SPDR DoubleLine Short Duration Total Return Tactical ETF (STOT) seeks to provide total return that exceeds the performance of the Bloomberg Barclays U.S. Aggregate Bond Index, primarily through investments in fixed income securities.

Overview

ETF tracking State Street DoubleLine Short Duration Total Return Tactical ETF

Category Inverse

Issuer Other

Inception Date 2016-04-14

Market Cap $289.0M

Average Volume N/A

Dividend Yield 3.71%

52-Week Range $46.74 - $47.54

VWAP $47.37

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund employs an actively managed strategy that invests primarily in a portfolio of fixed income securities, including U.S. government bonds, corporate bonds, and mortgage-backed securities. The portfolio managers aim to generate returns through security selection and tactical adjustments to the fund's duration and sector exposures.

✨ Key Features

Actively managed fixed income fund with a focus on short-duration securities
Seeks to provide total return in excess of the Bloomberg Barclays U.S. Aggregate Bond Index
Flexible approach allows for tactical adjustments to duration and sector exposures

⚠️ Primary Risks

Interest rate risk: The fund's performance may be negatively impacted by rising interest rates
Credit risk: The fund is exposed to the risk of default or deterioration in the credit quality of the underlying fixed income securities
Liquidity risk: The fund may have difficulty selling certain securities, particularly in times of market stress
Active management risk: The fund's performance is dependent on the skill of the portfolio managers and their investment decisions

👤 Best For

This ETF may be suitable for investors seeking a short-duration fixed income investment that aims to provide total return in excess of the broader bond market. It may be appropriate for investors with a moderate risk tolerance who are looking to diversify their fixed income exposure.