Ssga Active Trust Etf Profile
| OBND Etf | USD 25.98 0.02 0.08% |
Performance1 of 100
| Odds Of DistressLess than 9
|
SSGA Active is trading at 25.98 as of the 24th of November 2024, a 0.08 percent increase since the beginning of the trading day. The etf's lowest day price was 25.97. SSGA Active has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak 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 January 2023 and ending today, the 24th of November 2024. Click here to learn more.
The sub-adviser will invest at least 80 percent of the funds net assets, directly, or indirectly through underlying ETFs, in debt obligations. SPDR Loomis is traded on BATS Exchange in the United States. More on SSGA Active Trust
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SSGA Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Target Outcome ETFs, Asset Allocation ETFs, Nontraditional Bond, SPDR State Street Global Advisors (View all Sectors) |
| Issuer | SSgA |
| Inception Date | 2021-09-27 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 40.16 Million |
| Asset Type | Multi Asset |
| Category | Asset Allocation |
| Focus | Target Outcome |
| Market Concentration | Blended Development |
| Region | Global |
| 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 | Kevin Kearns, Andrea DiCenso, Tom Stolberg |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 30-Jun |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 526 |
| Market Maker | Jane Street |
| Total Expense | 0.55 |
| Management Fee | 0.55 |
| Country Name | USA |
| Returns Y T D | 4.91 |
| Name | SSGA Active Trust - SPDR Loomis Sayles Opportunistic Bond ETF |
| Currency Code | USD |
| Open Figi | BBG012QDQ0Q0 |
| In Threey Volatility | 7.45 |
| 1y Volatility | 5.93 |
| 200 Day M A | 25.9357 |
| 50 Day M A | 26.1721 |
| Code | OBND |
| Updated At | 24th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.42) |
SSGA Active Trust [OBND] is traded in USA and was established 2021-09-27. The fund is listed under Nontraditional Bond category and is part of SPDR State Street Global Advisors family. The entity is thematically classified as Target Outcome ETFs. SSGA Active Trust now have 27.56 M in assets. , while the total return for the last 3 years was 0.7%.
Check SSGA Active Probability Of Bankruptcy
Geographic Allocation (%)
SSGA Active Trust Currency Exposure
SSGA Active Trust holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of SSGA Active will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in SSGA Active Trust.
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 | 0.0081 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.58) |
SSGA Active Against Markets
Check out Your Equity Center 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 board of governors. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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.