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SPDR® DoubleLine® Total Return Tactical ETF TOTL

NAV

NAV

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

$39.88
as of Jun 20 2024
Base Currency
USD
Assets Under Management
$2,927.11 M
as of Jun 20 2024
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.

0.55%

Key Features

  • The SPDR® DoubleLine® Total Return Tactical ETF seeks to maximize total return
  • Provides actively managed core fixed income exposure benchmarked to the Bloomberg US Aggregate Bond Index
  • Combines traditional and non-traditional fixed income asset classes with the goal of maximizing total return over a full market cycle 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

    The Bloomberg U.S. Aggregate Bond Index (the "Index") is designed to measure the performance of the U.S. dollar denominated investment grade bond market, which includes investment grade (must be Baa3/BBB- or higher using the middle rating of Moody's Investors Service, Inc., S&P Global Ratings, and Fitch Ratings Inc.) government bonds, investment grade corporate bonds, mortgage pass through securities, commercial mortgage backed securities and other asset backed securities that are publicly for sale in the United States. The securities in the Index must have at least 1 year remaining to maturity and must have $300 million or more of outstanding face value. Asset backed securities must have a minimum deal size of $500 million and a minimum tranche size of $25 million. For commercial mortgage backed securities, the original aggregate transaction must have a minimum deal size of $500 million, and a minimum tranche size of $25 million; the aggregate outstanding transaction sizes must be at least $300 million to remain in the Index. In addition, the securities must be U.S. dollar denominated, fixed rate, non-convertible, and taxable. The Index is market capitalization weighted.

    Fund Information as of Jun 23 2024

    Benchmark Bloomberg U.S. Aggregate Bond Index
    Inception Date Feb 23 2015
    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.

    0.55%
    Base Currency USD
    Administrator State Street Global Advisors Funds Management Inc.
    Sub-advisor DoubleLine Capital LP
    Investment Manager SSGA Funds Management, Inc.
    Distributor State Street Global Advisors Funds Distributors, LLC
    Distribution Frequency Monthly

    Listing Information as of Jun 23 2024

    Exchange Listing Date Trading Currency Ticker CUSIP ISIN
    NYSE ARCA EXCHANGE Feb 24 2015 USD TOTL 78467V848 US78467V8485

    Fund Characteristics as of Jun 21 2024

    Number of Holdings 1,369
    Average Coupon

    Average Coupon

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

    4.57%
    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.

    5.53
    Average Price

    Average Price The weighted average of each asset’s market price relative to its face value or par value.

    $90.85
    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.

    5.87 years
    Option Adjusted Spread 130.70
    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.

    5.77%

    Index Characteristics as of Jun 20 2024

    Number of Holdings 13,632
    Average Coupon 3.38%
    Average Maturity in Years 8.41
    Average Price $91.72
    Option Adjusted Duration 6.15 years
    Option Adjusted Spread 38.42
    Yield to Maturity 4.91%

    Yields as of Jun 20 2024

    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.

    5.72%
    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.

    5.72%
    Fund Distribution Yield

    Fund Distribution Yield

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

    5.04%

    Fund Market Price as of Jun 20 2024

    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.

    $39.92
    Closing Price

    Closing Price

    Market Price of last reported trade on the exchange.

    $39.92
    Day High $39.92
    Day Low $39.85
    Exchange Volume (Shares)

    Exchange Volume (shares)

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

    11,849
    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)

    0.09%
    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.

    0.03%

    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.

    Number of Days Summary

    Calendar Year 2023 First Quarter of 2024
    Days Traded at Premium

    Number of days the ETF 4PM Bid/Ask was above the NAV.

    197 27
    Days Traded at Discount

    Number of days the ETF 4PM Bid/Ask was below the NAV.

    53 34

    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 Jun 20 2024

    Net Cash Amount $127,777,505.59

    Fund Net Asset Value as of Jun 20 2024

    NAV

    NAV

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

    $39.88
    Shares Outstanding 73.40 M
    Assets Under Management $2,927.11 M

    Fund Performance

    • Fund Inception Date: Feb 23 2015

    as of May 31 2024

    As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
    Feb 23 2015
    Fund Before Tax
    NAV May 31 2024 1.59% -0.75% -0.61% 2.16% -2.48% -0.40% - 0.93%
    Market Value May 31 2024 1.60% -0.66% -0.36% 2.19% -2.38% -0.39% - 0.95%
    Benchmark
    Bloomberg U.S. Aggregate Bond Index
    May 31 2024 1.70% -0.87% -1.64% 1.31% -3.10% -0.17% 1.26% 1.05%
    Fund After Tax
    Return after Taxes on Distributions May 31 2024 1.42% -1.09% -1.30% 0.08% -4.21% -1.94% - -0.53%
    Return after Taxes on Distributions and Sale of Fund Shares May 31 2024 0.94% -0.44% -0.36% 1.26% -2.58% -0.92% - 0.10%
    Benchmark
    Bloomberg U.S. Aggregate Bond Index
    May 31 2024 1.70% -0.87% -1.64% 1.31% -3.10% -0.17% 1.26% 1.05%

    as of Mar 31 2024

    As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
    Feb 23 2015
    Fund Before Tax
    NAV Mar 31 2024 1.01% 0.14% 0.14% 2.65% -1.93% 0.07% - 1.03%
    Market Value Mar 31 2024 1.11% 0.30% 0.30% 2.54% -1.92% 0.01% - 1.04%
    Benchmark
    Bloomberg U.S. Aggregate Bond Index
    Mar 31 2024 0.92% -0.78% -0.78% 1.70% -2.46% 0.36% 1.54% 1.17%
    Fund After Tax
    Return after Taxes on Distributions Mar 31 2024 0.83% -0.21% -0.21% 0.59% -3.62% -1.46% - -0.41%
    Return after Taxes on Distributions and Sale of Fund Shares Mar 31 2024 0.60% 0.08% 0.08% 1.53% -2.16% -0.57% - 0.18%
    Benchmark
    Bloomberg U.S. Aggregate Bond Index
    Mar 31 2024 0.92% -0.78% -0.78% 1.70% -2.46% 0.36% 1.54% 1.17%

    Past performance is not a reliable indicator of future performance. 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.  All results are historical and assume the reinvestment of dividends and capital gains. 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.

    Index returns are unmanaged and do not reflect the deduction of any fees or expenses. Index returns reflect all items of income, gain and loss and the reinvestment of dividends and other income as applicable.

    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: 0.55%

    Top Holdings

    Subject to change.

    as of Jun 21 2024
    as of Jun 20 2024

    Fund Top Holdings as of Jun 21 2024

    Name Market Value ISIN Weight
    US TREASURY N/B 0.75 01/31/2028 178,100,642.07 US91282CBJ99 6.06%
    US TREASURY N/B 0.875 09/30/2026 88,851,621.34 US91282CCZ23 3.02%
    US TREASURY N/B 0.625 08/15/2030 87,102,995.55 US91282CAE12 2.96%
    US TREASURY N/B 0.75 05/31/2026 61,251,054.69 US91282CCF68 2.08%
    US TREASURY N/B 0.875 11/15/2030 59,520,750.00 US91282CAV37 2.02%
    US TREASURY N/B 0.375 11/30/2025 54,723,638.53 US91282CAZ41 1.86%
    US TREASURY N/B 0.375 04/30/2025 49,947,460.16 US912828ZL77 1.70%
    FANNIE MAE 3 01/25/2043 27,987,832.30 US3136ABMZ35 0.95%
    USU4 0 09/19/2024 27,758,280.00 - 0.94%
    FREDDIE MAC 4 07/15/2044 24,208,033.62 US3137BCD216 0.82%
    Download All Holdings: Daily

    Index Top Holdings as of Jun 20 2024

    Name ISIN Weight
    Fannie Mae or Freddie Mac 2 02/25/2051 - 1.82%
    Fannie Mae or Freddie Mac 2 02/25/2050 - 1.25%
    Fannie Mae or Freddie Mac 2.5 04/25/2051 - 0.99%
    Ginnie Mae II Pool 2 12/20/2050 - 0.66%
    Fannie Mae or Freddie Mac 2.5 10/25/2049 - 0.63%
    Ginnie Mae II Pool 2.5 03/20/2051 - 0.61%
    US TREASURY N/B 4 02/15/2034 US91282CJZ59 0.44%
    US TREASURY N/B 4.5 11/15/2033 US91282CJJ18 0.43%
    US TREASURY N/B 3.875 08/15/2033 US91282CHT18 0.39%
    Ginnie Mae II Pool 2.5 01/20/2050 - 0.39%

    Sector Allocation

    as of Jun 21 2024
    as of Jun 20 2024

    Fund Sector Breakdown as of Jun 21 2024

    Sector Weight
    Mortgage Backed Securities 47.28%
    Treasury 21.26%
    Commercial Mortgage Backed Securities 10.09%
    Investment Grade Corporate 6.72%
    High Yield Corporate 3.53%
    Collateralized Loan Obligations 3.34%
    Asset Backed Securities 3.20%
    Emerging Markets 2.62%
    Bank Loans 1.96%

    Index Sector Breakdown as of Jun 20 2024

    Sector Weight
    Treasury 42.93%
    Mortgage Backed Securities 25.70%
    CORPORATE - INDUSTRIAL 14.16%
    Corporate - Finance 8.11%
    Corporate - Utility 2.28%
    CMBS 1.58%
    Non Corporates - Supranationals 1.34%
    Non Corporates - Sovereigns 1.01%
    Agency 0.89%
    Non Corporates - Foreign Local Govt 0.77%
    Non Corporates - Foreign Agency 0.75%
    Asset Backed Securities 0.47%

    Quality Breakdown

    as of Jun 21 2024
    as of Jun 20 2024

    Fund Quality Breakdown as of Jun 21 2024

    Name Weight
    Name Weight
    Aaa 7.07%
    Aa1 50.75%
    Aa2 0.57%
    Aa3 1.38%
    A1 0.71%
    A2 1.76%
    A3 1.39%
    Baa1 1.20%
    Baa2 4.13%
    Baa3 3.86%
    Ba1 1.67%
    Ba2 1.79%
    Ba3 1.38%
    B1 0.93%
    B2 1.28%
    B3 1.07%
    Caa1 0.36%
    Caa2 0.38%
    Caa3 1.02%
    Ca3 3.01%
    C3 0.67%
    NR 13.64%

    Index Quality Breakdown as of Jun 20 2024

    Name Weight
    AAA 3.54%
    AA1 70.36%
    AA2 0.64%
    AA3 1.51%
    A1 3.77%
    A2 3.32%
    A3 4.58%
    BAA1 3.92%
    BAA2 5.54%
    BAA3 2.82%

    Maturity Ladder

    as of Jun 21 2024
    as of Jun 20 2024

    Fund Maturity Ladder as of Jun 21 2024

    Name Weight
    0 - 1 Year 5.00%
    1 - 2 Years 9.23%
    2 - 3 Years 10.34%
    3 - 5 Years 22.10%
    5 - 7 Years 24.01%
    7 - 10 Years 23.41%
    10 - 15 Years 2.72%
    15 - 20 Years 1.06%
    20 - 30 Years 1.93%
    > 30 Years 0.21%

    Index Maturity Ladder as of Jun 20 2024

    Name Weight
    1 - 2 Years 12.28%
    2 - 3 Years 9.78%
    3 - 5 Years 19.35%
    5 - 7 Years 13.94%
    7 - 10 Years 23.91%
    10 - 15 Years 4.51%
    15 - 20 Years 5.47%
    20 - 30 Years 9.94%
    > 30 Years 0.82%

    Region Weights

    Fund Region Weights as of Jun 21 2024

    Region Weight
    North America 96.62%
    South America 1.28%
    Southeast Asia 0.52%
    Central America 0.51%
    Western Europe 0.44%
    South Asia 0.31%
    Oceania 0.14%
    East Asia 0.06%
    Africa 0.06%
    Caribbean 0.05%
    Middle East 0.01%

    Geographical Breakdown

    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.

    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 herein is that of the SPDR® DoubleLine® 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 some registered products on behalf of the advisor. SSGA Funds Management, Inc. has retained DoubleLine Capital LP as the sub-advisor. State Street Global Advisors Funds Distributors, LLC is not affiliated with DoubleLine Capital LP.

    "Bloomberg®" and Bloomberg U.S. Aggregate Bond Index are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited ("BISL"), the administrator of the index (collectively, "Bloomberg") and have been licensed for use for certain purposes by State Street Global Advisors. Bloomberg is not affiliated with State Street Global Advisors, and Bloomberg does not approve, endorse, review, or recommend SPDR® DoubleLine® Total Return Tactical ETF. Bloomberg does not guarantee the timeliness, accurateness, or completeness of any data or information relating to SPDR® DoubleLine® Total Return Tactical ETF.

    Prior to 8/24/2021, the Bloomberg U.S. Aggregate Bond Index was known as the Bloomberg Barclays U.S. Aggregate Bond Index.