STOTState Street DoubleLine Short Duration Total Return Tactical ETF

Get income10y track recordRanked #512 of 1,624 in this goal

Seeks to maximize current income with a dollar-weighted average effective duration of 1-3 years.

By State Street Investment Management · Launched 2016

Annual Cost

0.45%

#2,223 of 5,568 · average

Fund Size

$461M

#1,627 of 5,568 · large

Dividend YieldGoal

4.41%

Track Record

10 years

#1,410 of 5,568 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,320+3.2%

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 = 36.5% of fund✓ well diversified

United States Treasury

12.8%

United States Treasury

6.3%

United States Treasury

5.2%

United States Treasury

4.3%

State Street Global Advisors

2.7%

United States Treasury

1.5%

Preston Ridge Partners Mortgage Trust

1.0%

Onslow Bay Financial LLC

1.0%

United States Treasury

0.9%

Onslow Bay Financial LLC

0.8%

Asset allocation

Bonds

98.7%

Cash

1.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

1.1%Low

Year-on-year price swings

Max drawdown

-6.1%Mild

Worst peak-to-trough loss

Sharpe (3Y)

0.95Decent risk-adjusted returns

Sortino (3Y)

1.36Good downside protection

Bond profile

Duration

4.0 years

Avg maturity

9.8 years

Credit ratings

US Government

25.5%

AAA

27.7%

37.1%

10.6%

BBB

18.2%

1.3%

0.1%

Below B

0.6%

Other

4.5%

Where to buy

Listing

Exchange: Cboe BZX

Full fund details

Objective: Seeks to maximize current income with a dollar-weighted average effective duration of 1-3 years.
Strategy: Invests primarily in a diversified portfolio of fixed income securities with a dollar-weighted average effective duration of 1-3 years. Actively managed to mitigate interest rate risk and maximize returns.
Inception date: April 13, 2016
Fund family: State Street Investment Management