Summary
TOTL Chart
TOTL: Active Bond ETF With Low Risk And Below-Par Results
State Street DoubleLine Total Return Tactical ETF receives a renewed "Sell" rating due to lackluster performance versus peers and high expenses. TOTL's total return since inception is nearly identical to AGG, failing to justify its 0.55% expense ratio. The fund's portfolio is heavily weighted toward mortgage-backed securities and Treasuries, with moderate interest rate risk and high credit quality.
SPDR DoubleLine Total Return Tactical ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CE Curtis Ellergodt Rothschild Investment LLC | 85 | $3,376 | $3,329.02 | -$46.98 | -1.39% |
| PEP Philip E. Passafiume Protective Life Corp | 643 | $25,546.39 | $25,183.09 | -$363.3 | -1.42% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 128,625 | $5.17M | $5.04M | -$134,387.17 | -2.6% |
| RS Ramu Singh CALTON & ASSOCIATES Inc. | 13,785 | $551,899.79 | $539,889.52 | -$12,010.27 | -2.18% |
| JW Jamie Wilson CAPITAL ADVISORS Inc./OK | 1.39M | $67.07M | $54.48M | -$12.59M | -18.77% |
SPDR DoubleLine Total Return Tactical ETF (TOTL) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has SPDR DoubleLine Total Return Tactical ETF ever had a stock split?
SPDR DoubleLine Total Return Tactical ETF Profile
| ARCA Exchange | US Country |
Overview
The company operates as a financial entity focusing on investment opportunities across various sectors of the fixed income market. It employs a strategy that involves investing a significant portion of its assets in fixed income securities, regardless of their credit quality, to generate returns for its investors. The firm takes a flexible approach to investment, allowing for a portion of its assets to be allocated towards higher-risk corporate high yield securities, also known as "junk bonds." Furthermore, the company shows a global perspective by including foreign securities in its portfolio, both in foreign currencies and U.S. dollar-denominated, showcasing its broad investment canvas and risk management capabilities.
Products and Services
- Fixed Income Securities Portfolio
The cornerstone of the company's offering, this investment product comprises a diversified collection of fixed income securities. The portfolio is designed to cater to investors seeking regular income, with a focus on maintaining the principal amount invested. The flexibility in credit quality selection allows for a balanced risk-reward ratio catering to varied investor risk appetites.
- Corporate High Yield Securities Investments
As part of its diverse portfolio, the company strategically invests up to 25% of its net assets in high-risk, high-reward corporate high yield securities, commonly known as "junk bonds." This segment is targeted towards investors looking for higher returns, albeit with a higher risk profile, diversifying the investment opportunities offered by the company.
- Foreign Securities Investments
The fund's engagement with the global market is evidenced by its allocation for investments in foreign securities. It invests up to 15% of its net assets directly in securities denominated in foreign currencies, with the potential to go beyond this limit for U.S. dollar-denominated securities of foreign issuers. This allows investors to gain exposure to global markets, potentially enhancing the diversification and return profile of the portfolio.
