Ssga Active Trust Etf Profile
HYBL Etf | USD 28.51 0.03 0.11% |
PerformanceOK
| Odds Of DistressLow
|
SSGA Active is selling for 28.51 as of the 25th of February 2025. This is a 0.11 percent increase since the beginning of the trading day. The etf's lowest day price was 28.48. SSGA Active has less than a 9 % chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. The performance scores are derived for the period starting the 28th of October 2024 and ending today, the 25th of February 2025. Click here to learn more.
Under normal circumstances, the Sub-Adviser will invest the funds assets primarily in U.S. dollar denominated high yield debt securities. SPDR Series is traded on BATS Exchange in the United States. More on SSGA Active Trust
Moving together with SSGA Etf
SSGA Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | Broad Debt ETFs, High Yield ETFs, High Yield Bond, SPDR State Street Global Advisors (View all Sectors) |
Issuer | SSgA |
Inception Date | 2022-02-16 |
Benchmark | ICE BofA US High Yield Constrained Index, S&P/LSTA Leveraged Loan Index |
Entity Type | Regulated Investment Company |
Asset Under Management | 323.21 Million |
Asset Type | Fixed Income |
Category | Broad Debt |
Focus | High Yield |
Market Concentration | Developed Markets |
Region | North America |
Administrator | SSgA Funds Management, Inc. |
Advisor | SSGA Funds Management, Inc. |
Custodian | State Street Bank and Trust Company |
Distributor | State Street Global Advisors Funds Distributors, LLC |
Portfolio Manager | Daniel T. McMullen, Adam Dwinells, Dan Smith, Bonnie Brookshaw, Gordon McKemie, Paul Harrison |
Transfer Agent | State Street Bank and Trust Company |
Fiscal Year End | 30-Jun |
Exchange | Cboe BZX Exchange, Inc. |
Number of Constituents | 714 |
Market Maker | Jane Street |
Total Expense | 0.7 |
Management Fee | 0.7 |
Country Name | USA |
Returns Y T D | 1.08 |
Name | SSGA Active Trust - SPDR Blackstone High Income ETF |
Currency Code | USD |
Open Figi | BBG014Z180X4 |
1y Volatility | 1.59 |
200 Day M A | 28.4013 |
50 Day M A | 28.4755 |
Code | HYBL |
Updated At | 24th of February 2025 |
Currency Name | US Dollar |
Type | ETF |
SSGA Active Trust [HYBL] is traded in USA and was established 2022-02-16. The fund is listed under High Yield Bond category and is part of SPDR State Street Global Advisors family. The entity is thematically classified as Broad Debt ETFs. SSGA Active Trust currently have 115.05 M in assets under management (AUM). , while the total return for the last 3 years was 5.6%.
Check SSGA Active Probability Of Bankruptcy
Geographic Allocation (%)
SSGA Active Trust Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SSGA Active. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
Risk Adjusted Performance | 0.0874 | |||
Jensen Alpha | 0.0157 | |||
Total Risk Alpha | 0.0169 | |||
Sortino Ratio | 0.1113 |
SSGA Active Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in SSGA Active Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
The market value of SSGA Active Trust is measured differently than its book value, which is the value of SSGA that is recorded on the company's balance sheet. Investors also form their own opinion of SSGA Active's value that differs from its market value or its book value, called intrinsic value, which is SSGA Active's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SSGA Active's market value can be influenced by many factors that don't directly affect SSGA Active's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SSGA Active's value and its price as these two are different measures arrived at by different means. Investors typically determine if SSGA Active is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SSGA Active's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.