State Street Loomis Sayles Opportunistic Bond ETF (OBND)
State Street Loomis Sayles Opportunistic Bond ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $25.45, up 0.18% on the session, giving a market capitalisation of $58.1M. Its beta of 0.70 implies it has historically moved less than the broad market.
The State Street Loomis Sayles Opportunistic Bond ETF (OBND) is an actively managed fund employing a multi-asset credit strategy. Its primary aim is to seize risk premiums in markets that Loomis Sayles, through its robust credit selection and risk management, believes offer substantial risk-adjusted return potential across diverse market cycles. The fund possesses extensive flexibility, permitting investments in debt obligations of any credit quality and spanning all fixed income sectors, including specialized areas such as bank loans and securitized credit instruments. It can also allocate its entire portfolio to non-investment grade securities. Moreover, the fund can invest across the full maturity spectrum, with its portfolio duration, generally targeted between zero and seven years, dynamically managed based on Loomis Sayles' expert views on interest rates.
State Street Loomis Sayles Opportunistic Bond ETF is most often compared with the following Financial Services names: