The SPDR DoubleLine Total Return Tactical ETF (TOTL) is an actively managed bond fund managed by veteran bond investor Jeffrey Gundlach’s of DoubleLine Group. TOTL seeks to outperform the Bloomberg Barclays US Aggregate Bond Index by investing in different kinds of debt from developed and emerging markets around the world. As of June 2020, the fund owned mortgage-backed securities, Treasury bonds, emerging market debt, bank loans, asset-backed securities, and investment-grade and high-yield corporate debt. There are some constraints: the fund will not invest more than 25% of its assets in junk-rated corporate debt and aims to keep all other sub-investment-grade debt to less than 40% of the portfolio. Bonds have been one of the bright spots for active managers, and many bond ETFs manage to outperform their benchmarks — something stock pickers often fail to achieve. An investment in TOTL is ultimately a bet on the manager’s ability to outperform the market. TOTL is priced competitively with rivals like the JPMorgan Global Bond Opportunities ETF (JPGB) and the PIMCO Active Bond ETF (BOND).
This section compares how balanced and deep this ETF is relative to the peer group ETFdb.com Category.
| Asset | Percentage |
|---|---|
| Asset Backed Security | 30.98% |
| Sovereign | 30.47% |
| Mortgage Backed Security | 17.52% |
| Corporate | 15.3% |
| Bank Loan | 2.84% |
| CASH | 1.52% |
| Other | 1.3% |
| Preferred | 0.13% |
| Bond Sector | Percentage |
|---|
| Maturity | Percentage |
|---|---|
| Less Than 1 Year | 0.0% |
| 1-3 Years | 0.0% |
| 3-5 Years | 0.0% |
| 5-7 Years | 0.0% |
| 7-10 Years | 0.0% |
| 10-15 Years | 0.0% |
| 15-20 Years | 0.0% |
| 20-30 Years | 0.0% |
| 30+ Years | 0.0% |
| Asset | Percentage |
|---|---|
| Asset Backed Security | 30.98% |
| Sovereign | 30.47% |
| Mortgage Backed Security | 17.52% |
| Corporate | 15.3% |
| Bank Loan | 2.84% |
| CASH | 1.52% |
| Other | 1.3% |
| Preferred | 0.13% |
This section shows how the P/E multiple of this ETF compares to the peer group ETFdb.com Category.
This section shows how the dividend yield of this ETF compares to the peer group ETFdb.com Category.
View charts featuring ETF fund flow data.
5 Day Net Flows: -17.12 M 1 Month Net Flows: -12.19 M 3 Month Net Flows: 17.33 M 6 Month Net Flows: 37.04 M 1 Year Net Flows: -146.06 M 3 Year Net Flows: -217.93 M 5 Year Net Flows: 1.15 B 10 Year Net Flows: 3.17 BThe adjacent table gives investors an individual Realtime Rating for TOTL on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Total Bond Market with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.
This section compares the cost efficiency of this ETF to peers in the same ETFdb.com Category.
TOTL does not have an ESG score. There are no ESG themes that map to this ETF.
This section shows how this ETF has performed relative to its peer group ETFdb.com Category.
This section shows how the volatility of this ETF compares to the peer group ETFdb.com Category.
Fact sheets are issued by the ETF provider and framed by ETFdb.com. Information contained within the fact sheet is not guaranteed to be timely or accurate.
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