SPDR® DoubleLine® Short Duration Total Return Tactical ETF STOT

Important Risk Disclosure

NAV

NAV

The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

$49.96

as of Jan 21 2021

Base Currency

USD

Assets Under Management

$147.39 M

as of Jan 21 2021

Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

0.50%


Key Features

Key Features

  • The SPDR® DoubleLine® Short Duration Total Return Tactical ETF seeks to maximize current income with a dollar-weighted average effective duration between one and three years (the “Index”)
  • Provides actively managed exposure to short duration fixed income with a dollar weighted average effective duration between one and three years
  • Combines traditional and non-traditional fixed income asset classes with the goal of maximizing current income through active sector allocation and security selection
  • Seeks to outperform the benchmark, in part by exploiting mispriced areas of the bond market while also including asset classes not included in the index such as high yield bonds and emerging markets debt


About this Benchmark

About this Benchmark

The Bloomberg Barclays U.S. Aggregate 1-3 Year Index provides a measure of the performance of the U.S. dollar denominated investment grade bond market that have a remaining maturity of greater than or equal to 1 year and less than 3 years. The index includes investment grade (must be Baa3/BBB- or higher using the middle rating of Moody’s Investor Service, Inc., Standard & Poor’s, and Fitch Inc.) government bonds, investment grade corporate bonds, mortgage pass through securities, commercial mortgage backed securities and asset backed securities that are publicly for sale in the United States.


Fund Information as of Jan 21 2021

Fund Information as of Jan 21 2021
Benchmark Inception Date Options Available Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

Net Expense Ratio

SSGA Funds Management, Inc. (“SSGA FM” or “Adviser”) has contractually agreed to waive a portion of its management fee and/or reimburse certain expenses, until October 31, 2021, so that the net annual Fund operating expenses, before application of any fees and expenses not paid by the Adviser pursuant to the Investment Advisory Agreement, if any, are limited to 0.45% of the Fund's average daily net assets. The contractual fee waiver and/or reimbursement does not provide for the recoupment by the Adviser of any fees the Adviser previously waived. The Adviser may continue the waiver and/or reimbursement from year to year, but there is no guarantee that the Adviser will do so and after October 31, 2021, the waiver and/or reimbursement may be cancelled or modified at any time. This waiver and/or reimbursement may not be terminated prior to October 31, 2021 except with the approval of the SSGA Active Trust's Board of Trustees.

Base Currency Sub-advisor
Bloomberg Barclays U.S. Aggregate 1-3 Year Index Apr 13 2016 No 0.50% 0.45% USD DoubleLine Capital LP
Benchmark Bloomberg Barclays U.S. Aggregate 1-3 Year Index
Inception Date Apr 13 2016
Options Available No
Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

0.50%
Net Expense Ratio

SSGA Funds Management, Inc. (“SSGA FM” or “Adviser”) has contractually agreed to waive a portion of its management fee and/or reimburse certain expenses, until October 31, 2021, so that the net annual Fund operating expenses, before application of any fees and expenses not paid by the Adviser pursuant to the Investment Advisory Agreement, if any, are limited to 0.45% of the Fund's average daily net assets. The contractual fee waiver and/or reimbursement does not provide for the recoupment by the Adviser of any fees the Adviser previously waived. The Adviser may continue the waiver and/or reimbursement from year to year, but there is no guarantee that the Adviser will do so and after October 31, 2021, the waiver and/or reimbursement may be cancelled or modified at any time. This waiver and/or reimbursement may not be terminated prior to October 31, 2021 except with the approval of the SSGA Active Trust's Board of Trustees.

0.45%
Base Currency USD
Sub-advisor DoubleLine Capital LP
Investment Manager Distributor Distribution Frequency
SSGA Funds Management, Inc. State Street Global Advisors Funds Distributors, LLC Monthly
Investment Manager SSGA Funds Management, Inc.
Distributor State Street Global Advisors Funds Distributors, LLC
Distribution Frequency Monthly

Listing Information as of Jan 21 2021

Listing Information as of Jan 21 2021
Exchange Listing Date Trading Currency Ticker CUSIP ISIN
Cboe BZX Exchange, Inc Apr 14 2016 USD STOT 78470P200 US78470P2002
Exchange Cboe BZX Exchange, Inc
Listing Date Apr 14 2016
Trading Currency USD
Ticker STOT
CUSIP 78470P200
ISIN US78470P2002

Fund Characteristics as of Jan 22 2021

Fund Characteristics as of Jan 22 2021
Number of Holdings Average Coupon

Average Coupon

The [market value] weighted average coupon of the bonds in a portfolio.

Average Maturity in Years

Average Maturity

The market value-weighted average maturity of the bonds and loans in a portfolio, where maturity is defined as the stated final for bullet maturity bonds and loans.

Average Price Average Yield To Worst

The lowest potential yield that can be received on a bond without the issuer actually defaulting. The YTW is calculated by making worst-case scenario assumptions on the issue by calculating the return that would be received if the issuer uses provisions, including prepayments. When aggregating YTW for a portfolio level statistic, the weighted average of the YTW and market value for each security is used.

Current Yield

Current Yield

A bond's annual return based on its annual coupon payments and current price (as opposed to its original price or face). The formula for current yield is a bond's annual coupons divided by its current price. When aggregating Current Yield for a portfolio level statistic, the weighted average of the Current Yield and market value for each security is used.

Option Adjusted Duration

Option Adjusted Duration

An option-adjusted measure of a bond's (or portfolio's) sensitivity to changes in interest rates calculated as the average percentage change in a bond's value (price plus accrued interest) under shifts of the Treasury curve +/- 100 bps. Incorporates the effect of embedded options for corporate bonds and changes in prepayments for mortgage-backed securities.

463 2.18% 2.48 $101.96 1.01% 2.23% 1.59 years
Number of Holdings 463
Average Coupon

Average Coupon

The [market value] weighted average coupon of the bonds in a portfolio.

2.18%
Average Maturity in Years

Average Maturity

The market value-weighted average maturity of the bonds and loans in a portfolio, where maturity is defined as the stated final for bullet maturity bonds and loans.

2.48
Average Price $101.96
Average Yield To Worst

The lowest potential yield that can be received on a bond without the issuer actually defaulting. The YTW is calculated by making worst-case scenario assumptions on the issue by calculating the return that would be received if the issuer uses provisions, including prepayments. When aggregating YTW for a portfolio level statistic, the weighted average of the YTW and market value for each security is used.

1.01%
Current Yield

Current Yield

A bond's annual return based on its annual coupon payments and current price (as opposed to its original price or face). The formula for current yield is a bond's annual coupons divided by its current price. When aggregating Current Yield for a portfolio level statistic, the weighted average of the Current Yield and market value for each security is used.

2.23%
Option Adjusted Duration

Option Adjusted Duration

An option-adjusted measure of a bond's (or portfolio's) sensitivity to changes in interest rates calculated as the average percentage change in a bond's value (price plus accrued interest) under shifts of the Treasury curve +/- 100 bps. Incorporates the effect of embedded options for corporate bonds and changes in prepayments for mortgage-backed securities.

1.59 years
Option Adjusted Spread Yield to Maturity

Yield to Maturity

The market weighted average rate of return anticipated on the bonds held in a portfolio if they were to be held to their maturity date.

65.39 1.08%
Option Adjusted Spread 65.39
Yield to Maturity

Yield to Maturity

The market weighted average rate of return anticipated on the bonds held in a portfolio if they were to be held to their maturity date.

1.08%

Index Characteristics as of Jan 21 2021

Index Characteristics as of Jan 21 2021
Number of Holdings Average Coupon Average Maturity in Years Average Price Average Yield To Worst Current Yield Option Adjusted Duration
2,684 2.18% 2.07 $103.74 0.35% 2.08% 1.70 years
Number of Holdings 2,684
Average Coupon 2.18%
Average Maturity in Years 2.07
Average Price $103.74
Average Yield To Worst 0.35%
Current Yield 2.08%
Option Adjusted Duration 1.70 years
Option Adjusted Spread Yield to Maturity
9.11 0.37%
Option Adjusted Spread 9.11
Yield to Maturity 0.37%

Yields as of Jan 21 2021

Yields as of Jan 21 2021
30 Day SEC Yield

30 Day SEC Yield

(Also known as Standardized Yield) An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price.

30 Day SEC Yield (Unsubsidized)

30 Day SEC Yield (Unsubsidized)

An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price that does not account for expense ratio waivers.

Fund Dividend Yield

Fund Dividend Yield

The sum of the most recent 12 dividends within the past 365 days divided by Net Asset Value per share, expressed as a percentage.

0.84% 0.79% 1.66%
30 Day SEC Yield

30 Day SEC Yield

(Also known as Standardized Yield) An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price.

0.84%
30 Day SEC Yield (Unsubsidized)

30 Day SEC Yield (Unsubsidized)

An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price that does not account for expense ratio waivers.

0.79%
Fund Dividend Yield

Fund Dividend Yield

The sum of the most recent 12 dividends within the past 365 days divided by Net Asset Value per share, expressed as a percentage.

1.66%

Fund Market Price as of Jan 21 2021

Fund Market Price as of Jan 21 2021
Bid/Ask

Bid/Ask Mid Point

(Also known as Mid Price) The price between the best price of the sellers for a trading unit of a given security and the best price of the buyer of a trading unit of a given security.

Closing Price

Closing Price

Market Price of last reported trade on the exchange.

Day High Day Low Exchange Volume (Shares)

Exchange Volume (shares)

Represents the volume of shares traded on the ETF's primary exchange throughout the previous business day.

Premium/Discount

Premium/Discount to NAV

Shows the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds calculated as ((4PM Bid/Ask - Closing NAV) / Closing NAV * 100)

30-Day Median Bid/Ask Spread

The median bid-ask spread is calculated by identifying national best bid and national best offer ("NBBO") for each Fund as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between each such bid and offer by the midpoint of the NBBO. The median of those values is identified and posted on each business day.

$49.98 $49.98 $50.03 $50.02 409 0.05% 0.08%
Bid/Ask

Bid/Ask Mid Point

(Also known as Mid Price) The price between the best price of the sellers for a trading unit of a given security and the best price of the buyer of a trading unit of a given security.

$49.98
Closing Price

Closing Price

Market Price of last reported trade on the exchange.

$49.98
Day High $50.03
Day Low $50.02
Exchange Volume (Shares)

Exchange Volume (shares)

Represents the volume of shares traded on the ETF's primary exchange throughout the previous business day.

409
Premium/Discount

Premium/Discount to NAV

Shows the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds calculated as ((4PM Bid/Ask - Closing NAV) / Closing NAV * 100)

0.05%
30-Day Median Bid/Ask Spread

The median bid-ask spread is calculated by identifying national best bid and national best offer ("NBBO") for each Fund as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between each such bid and offer by the midpoint of the NBBO. The median of those values is identified and posted on each business day.

0.08%

Premium Discount to NAV Graph and Summary

The line graph and table below show historical information about the differences between the daily closing price for shares of the fund (as determined by the fund’s listing exchange) and the fund’s net asset value over certain periods. The vertical axis of the line graph shows the premium/discount expressed as a percentage of NAV. The horizontal axis indicates the date at which the premium/discount occurred. The table shows the number of trading days in which the fund traded at a premium or at a discount to NAV.

x axis: Dates
y axis: Premium or Discount (bps)

Number of Days Summary

Calendar Year 2020
Days Traded at Premium
Number of days the ETF closing price was above the NAV.
183
Days Traded at Discount
Number of days the ETF closing price was below the NAV.
70
Days Traded at Premium
Number of days the ETF closing price was above the NAV.
Calendar Year 2020 183
Days Traded at Discount
Number of days the ETF closing price was below the NAV.
Calendar Year 2020 70
Fund Data

Because ETFs trade like stocks at current market prices, shareholders may pay more than a fund’s NAV when purchasing fund shares and may receive less than a fund’s NAV when selling fund shares.

Before investing, consider the funds' investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 1-866-787-2257 download a prospectus or summary prospectus now, or talk to your financial advisor. Read it carefully before investing.


Fund Net Cash Amount as of Jan 21 2021

Fund Net Cash Amount as of Jan 21 2021
Net Cash Amount
$6,867,066.14
Net Cash Amount $6,867,066.14

Fund Net Asset Value as of Jan 21 2021

Fund Net Asset Value as of Jan 21 2021
NAV

NAV

The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

Shares Outstanding Assets Under Management
$49.96 2.95 M $147.39 M
NAV

NAV

The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

$49.96
Shares Outstanding 2.95 M
Assets Under Management $147.39 M
Most Recent NAV / NAV History

Fund Performance

Fund Performance

  • Fund Inception Date: Apr 13 2016

as of Dec 31 2020

as of Dec 31 2020

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Apr 13 2016
Fund Before Tax
NAV Dec 31 2020 0.33% 0.75% 2.65% 2.65% 2.74% - - 2.28%
Market Value Dec 31 2020 0.13% 0.68% 2.60% 2.60% 2.62% - - 2.26%
Bloomberg Barclays U.S. Aggregate 1-3 Year Index Dec 31 2020 0.13% 0.22% 3.08% 3.08% 2.90% 2.17% 1.60% 2.08%
Fund After Tax
Return after Taxes on Distributions Dec 31 2020 0.24% 0.56% 1.95% 1.95% 1.80% - - 1.31%
Return after Taxes on Distributions and Sale of Fund Shares Dec 31 2020 0.20% 0.44% 1.56% 1.56% 1.69% - - 1.31%
Bloomberg Barclays U.S. Aggregate 1-3 Year Index Dec 31 2020 0.13% 0.22% 3.08% 3.08% 2.90% 2.17% 1.60% 2.08%
As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Apr 13 2016
Fund Before Tax
NAV Dec 31 2020 0.33% 0.75% 2.65% 2.65% 2.74% - - 2.28%
Market Value Dec 31 2020 0.13% 0.68% 2.60% 2.60% 2.62% - - 2.26%
Bloomberg Barclays U.S. Aggregate 1-3 Year Index Dec 31 2020 0.13% 0.22% 3.08% 3.08% 2.90% 2.17% 1.60% 2.08%
Fund After Tax
Return after Taxes on Distributions Dec 31 2020 0.24% 0.56% 1.95% 1.95% 1.80% - - 1.31%
Return after Taxes on Distributions and Sale of Fund Shares Dec 31 2020 0.20% 0.44% 1.56% 1.56% 1.69% - - 1.31%
Bloomberg Barclays U.S. Aggregate 1-3 Year Index Dec 31 2020 0.13% 0.22% 3.08% 3.08% 2.90% 2.17% 1.60% 2.08%

Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Performance of an index is not illustrative of any particular investment.  It is not possible to invest directly in an index.

Performance returns for periods of less than one year are not annualized.  Performance is shown net of fees.

The market price used to calculate the Market Value return is the midpoint between the highest bid and the lowest offer on the exchange on which the shares of the Fund are listed for trading, as of the time that the Fund's NAV is calculated. If you trade your shares at another time, your return may differ.

Gross Expense Ratio: 0.50%

Net Expense Ratio: 0.45%


Top Holdings

Subject to change.

Top Holdings

Subject to change.

Fund Top Holdingsas of Jan 22 2021
Index Top Holdingsas of Jan 21 2021

Fund Top Holdings as of Jan 22 2021

Name Market Value ISIN Weight
US TREASURY N/B 2.75 09/15/2021 9,254,149.81 US9128285A44 6.27%
TREASURY BILL 0 04/01/2021 5,999,175.00 US9127964P13 4.07%
US TREASURY N/B 1.625 04/30/2023 5,519,182.04 US912828R283 3.74%
TREASURY BILL 0 02/04/2021 5,399,917.49 US9127963W72 3.66%
US TREASURY N/B 2.25 12/31/2023 4,687,789.85 US912828V236 3.18%
FREDDIE MAC 1.5 02/01/2036 4,101,617.60 US3132D57D82 2.78%
TREASURY BILL 0 03/11/2021 2,999,737.50 US9127964M81 2.03%
FANNIE MAE 2 09/01/2035 2,975,749.95 US31418DSM55 2.02%
FREDDIE MAC 2 11/01/2040 2,656,028.57 US3133KYUJ62 1.80%
CREDIT SUISSE MORTGAGE TRUST 2.691 03/25/2060 2,642,080.40 US12656PAC05 1.79%
Download All Holdings: Daily

Index Top Holdings as of Jan 21 2021

Name ISIN Weight
Ginnie Mae II Pool 3 08/20/2049 - 1.98%
Ginnie Mae II Pool 3 01/20/2050 - 1.88%
Ginnie Mae II Pool 3.5 03/20/2047 - 1.58%
Ginnie Mae II Pool 3.5 06/20/2049 - 1.38%
US TREASURY N/B 2.75 11/15/2023 US912828WE61 1.04%
US TREASURY N/B .125 12/31/2022 US91282CBD20 1.00%
US TREASURY N/B 1.625 11/15/2022 US912828TY62 0.98%
Ginnie Mae II Pool 3.5 02/20/2046 - 0.98%
US TREASURY N/B 2 11/30/2022 US912828M805 0.98%
US TREASURY N/B .125 11/30/2022 US91282CAX92 0.97%

Sector Allocation

Sector Allocation
Fund Sector Breakdownas of Jan 22 2021
Index Sector Breakdownas of Jan 21 2021

Fund Sector Breakdown as of Jan 22 2021

Sector Weight
Mortgage Backed Securities 31.04%
Treasury 23.83%
Investment Grade Corporate 17.54%
Emerging Markets 8.26%
Commercial Mortgage Backed Securities 7.13%
High Yield Corporate 5.12%
Collateralized Loan Obligations 3.87%
Asset Backed Securities 3.22%

Index Sector Breakdown as of Jan 21 2021

Sector Weight
Treasury 51.06%
Mortgage Backed Securities 19.28%
Corporate - Industrial 9.08%
Corporate - Finance 7.89%
Non Corporates 5.67%
Agency 3.21%
CMBS 1.65%
Asset Backed Securities 1.28%
Corporate - Utility 0.88%
Other 0.00%

Quality Breakdown

Quality Breakdown
Fund Quality Breakdownas of Jan 22 2021
Index Quality Breakdownas of Jan 21 2021

Fund Quality Breakdown as of Jan 22 2021

Name Weight
NR 8.39%
Aaa 57.24%
Aa1 0.25%
Aa2 0.81%
Aa3 0.62%
A1 0.43%
A2 4.85%
A3 3.92%
Baa1 5.14%
Baa2 6.32%
Baa3 4.92%
Ba1 0.39%
Ba2 0.93%
Ba3 2.03%
B1 0.53%
B2 0.88%
B3 0.86%
Caa1 0.62%
Caa2 0.56%
Caa3 0.10%
Ca3 0.21%

Index Quality Breakdown as of Jan 21 2021

Name Weight
Aaa 79.54%
Aa 3.39%
A 9.43%
Baa 7.65%

Maturity Ladder

Maturity Ladder
Fund Maturity Ladderas of Jan 22 2021
Index Maturity Ladderas of Jan 21 2021

Fund Maturity Ladder as of Jan 22 2021

Name Weight
0 - 1 Year 22.81%
1 - 2 Years 12.88%
2 - 3 Years 29.08%
3 - 5 Years 30.85%
5 - 7 Years 3.29%
7 - 10 Years 1.01%
10 - 15 Years 0.03%
20 - 30 Years 0.05%

Index Maturity Ladder as of Jan 21 2021

Name Weight
1 - 2 Years 47.64%
2 - 3 Years 52.36%

Region Weights

Region Weights
Fund Region Weightsas of Jan 22 2021

Fund Region Weights as of Jan 22 2021

Region Weight
Region Weight
North America 89.47%
East Asia 2.26%
Southeast Asia 2.15%
South America 1.99%
Western Europe 1.24%
Middle East 0.85%
Central America 0.77%
Caribbean 0.69%
South Asia 0.33%
Oceania 0.25%

Geographical Breakdown

Geographical Breakdown

Purchase Information

Purchase Information

Buying and Selling ETFs

ETFs are flexible and easy to trade. Investors buy and sell them like stocks, typically through a brokerage account. Investors can also employ traditional stock trading techniques; including stop orders, limit orders, margin purchases, and short sales using ETFs. They are listed on major US Stock Exchanges.

ETFs are subject to risk similar to those of stocks including those regarding short-selling and margin account maintenance.

Ordinary brokerage commissions may apply.


Fund Footnotes

In general, ETFs can be expected to move up or down in value with the value of the applicable index. Although ETF shares may be bought and sold on the exchange through any brokerage account, ETF shares are not individually redeemable from the Fund. Investors may acquire ETFs and tender them for redemption through the Fund in Creation Unit Aggregations only. Please see the prospectus for more details.

After-tax returns are calculated based on NAV using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor's tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.

Performance of an index is not illustrative of any particular investment. It is not possible to invest directly in an index.

Holdings and sectors shown are as of the date indicated and are subject to change. This information should not be considered a recommendation to invest in a particular sector or to buy or sell any security shown. It is not known whether the sectors or securities shown will be profitable in the future.

Unless otherwise noted all information contained herein is that of the SPDR® DoubleLine® Short Duration Total Return Tactical ETF.

DoubleLine® is a registered trademark of DoubleLine Capital LP.  

As with all stocks, you may be required to deposit more money or securities into your margin account if the equity, including the amount attributable to your ETF shares, declines.

State Street Global Advisors Funds Distributors, LLC is the distributor for certain registered products on behalf of the advisor. SSGA Funds Management has retained GSO Capital Partners, Nuveen Asset Management, Massachusetts Financial Services Company & DoubleLine Capital LP as the sub-advisor.