Compare with State Street Blackstone High Income ETF
Key stats
Details
Home page
Inception date
Feb 16, 2022
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
SSgA Funds Management, Inc.
Distributor
State Street Corp. (Fund Distributor)
ISIN
US78470P8462
CUSIP
78470P846
FIGI
BBG014Z180X4
Identifiers
ISIN US78470P8462
HYBL seeks to outperform a high income composite benchmark consisting of 50% high yield corporate bonds and 50% high yield senior loans, with less volatility than the general bond and loan segments over full market cycles. The fund may invest in senior loans either directly or indirectly through collateralized loan obligations (CLOs). Although, the funds investments in CLOs will not exceed 15% of its net assets. The portfolio is constructed using a combination of top-down asset allocation and bottom-up security selection. The top-down approach evaluates macroeconomic, technical, fundamental, and relative value factors to determine allocations that the adviser believes will result in long-term risk-adjusted returns. Whereas, the bottom-up analysis relies on fundamental credit research in an attempt to capture credit risk premium by exploiting potential mispricing at the individual security level. The Fund may invest in debt securities of any maturity. Prior to Oct. 31, 2025, the fund did not use the State Street brand reference in the fund name.
Classification
What's in the fund
Exposure type
Corporate
Loans
Miscellaneous
Breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
HYBL trades at 28.02 USD today, its price has risen 0.11% in the past 24 hours. Track more dynamics on HYBL price chart.
HYBL net asset value is 28.01 today — it's risen 0.88% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
HYBL assets under management is 578.26 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
HYBL price has risen by 0.25% over the last month, and its yearly performance shows a −1.72% decrease. See more dynamics on HYBL price chart.
NAV returns, another gauge of an ETF dynamics, showed a 1.58% increase in three-month performance and has increased by 5.52% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 1.58% increase in three-month performance and has increased by 5.52% in a year.
HYBL fund flows account for 122.44 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
HYBL invests in bonds. See more details in our Profile section.
HYBL expense ratio is 0.70%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, HYBL isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, HYBL technical analysis shows the buy rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating HYBL shows the sell signal. See more of HYBL technicals for a more comprehensive analysis.
Today, HYBL technical analysis shows the buy rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating HYBL shows the sell signal. See more of HYBL technicals for a more comprehensive analysis.
Yes, HYBL pays dividends to its holders with the dividend yield of 7.01%.
HYBL trades at a premium (0.03%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
HYBL shares are issued by State Street Corp.
HYBL follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 16, 2022.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.