# State Street Loomis Sayles Opportunistic Bond ETF (OBND): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/obnd for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: SPDR · Asset class: Fixed Income - Strategy: Actively Managed · Inception: 2021-09-27 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... ## Key Facts | Metric | Value | |---|---| | Price | $24.89 | | Expense Ratio | 0.55% | | Assets Under Management | $31.0M | | NAV | $24.82 | | Holdings Count | 406 | | Distribution Yield (TTM) | 6.63% | | Annual Distribution (TTM) | $1.65 /share | | Distribution Frequency | Monthly | | 52-Week Range | $24.63 – $26.44 | | Beta | 0.70 | ## Latest Distribution - Amount: $0.1505 /share - Ex-date: 2026-10-01 - Pay date: 2026-10-06 ## Frequently Asked Questions ### What does OBND invest in? 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. ### What is the expense ratio of OBND? State Street Loomis Sayles Opportunistic Bond ETF (OBND) charges an expense ratio of 0.55%. This is the annual fee deducted from fund assets to cover management and operations. ### What is OBND's dividend yield? OBND's trailing-twelve-month yield is 6.63%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of OBND? Effective duration measures OBND's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. OBND's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of OBND? OBND's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds. ### What is the yield to maturity of OBND? Yield to maturity (YTM) is the total return you'd earn from OBND if every bond in the portfolio is held to maturity at the current price. OBND's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid. ### Does OBND pay a dividend? Yes, State Street Loomis Sayles Opportunistic Bond ETF (OBND) distributes dividends to shareholders. The trailing-twelve-month yield is 6.63%. Full dividend history is on this page. ### How often does OBND pay dividends? State Street Loomis Sayles Opportunistic Bond ETF pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is OBND's next ex-dividend date? The most recently announced ex-dividend date for OBND was 2026-10-01. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will OBND's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.55% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does OBND charge its expense ratio? The expense ratio is deducted in tiny daily slices from OBND's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does OBND cost more than a fund like VOO? OBND is actively managed (current expense ratio 0.55%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether OBND's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to OBND? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as OBND (0.55%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/obnd - Distribution history: https://www.dividenddata.com/funds/obnd/dividend - Holdings & diversification: https://www.dividenddata.com/funds/obnd/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/obnd/expenses - Peer comparison: https://www.dividenddata.com/funds/obnd/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.