HYBLState Street Blackstone High Income ETF

Get income4y track recordRanked #664 of 1,622 in this goal

Seeks to provide risk-adjusted total return and high current income.

By State Street Investment Management · Launched 2022

Annual Cost

0.70%

#3,529 of 5,562 · average

Fund Size

$563M

#1,471 of 5,562 · large

Dividend YieldGoal

7.13%

Track Record

4 years

#2,617 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,589+5.9%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 11.6% of fund✓ well diversified

State Street Global Advisors

5.2%

State Street Blackstone Senior Loan ETF

1.0%

Global Medical Response Inc

0.9%

FAIR ISAAC CORP

0.8%

Allied Universal Holdco LLC

0.7%

HLF FIN SARL LLC/HERBALI

0.7%

JETBLUE AIRWAYS/LOYALTY

0.7%

Cloud Software Group Inc

0.6%

Rocket Software Inc

0.6%

KIOXIA HOLDINGS CORP

0.6%

Asset allocation

Bonds

94.2%

Cash

5.8%

Stocks

0.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

2.7%Low

Year-on-year price swings

Max drawdown

-8.5%Mild

Worst peak-to-trough loss

Sharpe (3Y)

1.25Strong risk-adjusted returns

Sortino (3Y)

1.87Good downside protection

Bond profile

Avg maturity

9.9 years

Where to buy

Listing

Exchange: Cboe BZX

Full fund details

Objective: Seeks to provide risk-adjusted total return and high current income.
Strategy: Invests primarily in U.S. dollar denominated high yield debt securities, including corporate bonds, senior loans, and CLOs. The Fund seeks to outperform a composite benchmark of 50% high yield bonds and 50% high yield senior loans with less volatility. Uses a top-down asset allocation approach and bottom-up security selection to optimize risk-adjusted returns.
Inception date: February 16, 2022
Fund family: State Street Investment Management