State Street DoubleLine Total Return Tactical ETF (TOTL)
State Street DoubleLine Total Return Tactical ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $37.67, up 0.20% on the session, giving a market capitalisation of $4.06B. Its beta of 0.98 implies it has historically moved less than the broad market.
This actively managed ETF, the State Street DoubleLine Total Return Tactical ETF, aims to achieve the best possible overall return. It focuses on core fixed income investments, with its performance measured against the Bloomberg US Aggregate Bond Index. The fund employs a strategy of combining both conventional and alternative fixed income assets, using active sector allocation and specific security selection to maximize returns throughout various market cycles. Its goal is to outperform its benchmark by identifying and capitalizing on mispriced opportunities within the bond market, and by investing in asset classes outside the benchmark, such as high-yield bonds and emerging markets debt.
State Street DoubleLine Total Return Tactical ETF is most often compared with the following Financial Services names: