Ssga Active Trust Etf Profile

HYBL Etf  USD 28.60  0.02  0.07%   

Performance

24 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 9

 
High
 
Low
Low
SSGA Active is selling for 28.60 as of the 23rd of November 2024. This is a 0.07 percent increase since the beginning of the trading day. The etf's lowest day price was 28.59. SSGA Active has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for SSGA Active Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of December 2022 and ending today, the 23rd of November 2024. 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

  0.85HYG iShares iBoxx High Sell-off TrendPairCorr
  0.86USHY iShares Broad USD Sell-off TrendPairCorr
  0.82JNK SPDR Bloomberg HighPairCorr
  0.94SHYG iShares 0 5PairCorr
  0.86HYLB Xtrackers USD HighPairCorr
  0.95SJNK SPDR Bloomberg ShortPairCorr

Moving against SSGA Etf

  0.65BND Vanguard Total BondPairCorr
  0.48VEA Vanguard FTSE DevelopedPairCorr

SSGA Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationHigh Yield ETFs, Broad Debt ETFs, High Yield Bond, SPDR State Street Global Advisors (View all Sectors)
IssuerSSgA
Inception Date2022-02-16
BenchmarkICE BofA US High Yield Constrained Index, S&P/LSTA Leveraged Loan Index
Entity TypeRegulated Investment Company
Asset Under Management228.12 Million
Asset TypeFixed Income
CategoryBroad Debt
FocusHigh Yield
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorSSgA Funds Management, Inc.
AdvisorSSGA Funds Management, Inc.
CustodianState Street Bank and Trust Company
DistributorState Street Global Advisors Funds Distributors, LLC
Portfolio ManagerDaniel T. McMullen, Adam Dwinells, Dan Smith, Bonnie Brookshaw, Gordon McKemie, Paul Harrison
Transfer AgentState Street Bank and Trust Company
Fiscal Year End30-Jun
ExchangeCboe BZX Exchange, Inc.
Number of Constituents686
Market MakerJane Street
Total Expense0.7
Management Fee0.7
Country NameUSA
Returns Y T D8.67
NameSSGA Active Trust - SPDR Blackstone High Income ETF
Currency CodeUSD
Open FigiBBG014Z180X4
1y Volatility3.37
200 Day M A28.2815
50 Day M A28.5357
CodeHYBL
Updated At23rd of November 2024
Currency NameUS Dollar
TypeETF
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 High Yield ETFs. SSGA Active Trust currently have 115.05 M in assets under management (AUM). , while the total return for the last year was 12.0%.
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.

SSGA Active Against Markets

When determining whether SSGA Active Trust is a strong investment it is important to analyze SSGA Active's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SSGA Active's future performance. For an informed investment choice regarding SSGA Etf, refer to the following important reports:
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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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.