State Street DoubleLine Total Return Tactical ETF

Frequently Asked Questions About TOTL

What does TOTL invest in?

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.

What is the expense ratio of TOTL?

State Street DoubleLine Total Return Tactical ETF (TOTL) charges an expense ratio of 0.55%. This is the annual fee deducted from fund assets to cover management and operations.

What is TOTL's dividend yield?

TOTL's trailing-twelve-month yield is 5.36%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of TOTL?

Effective duration measures TOTL's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. TOTL's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of TOTL?

TOTL'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 TOTL?

Yield to maturity (YTM) is the total return you'd earn from TOTL if every bond in the portfolio is held to maturity at the current price. TOTL'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.