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About SPDR Loomis Sayles Opportunistic Bond ETF
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Inception date
Sep 27, 2021
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
US78470P8041
OBND is actively managed to invest in a wide range of fixed income securities (or ETFs) including government bonds, US TIPS, corporate debt, securitized credit, structured notes, bank loans, and hybrid securities. The fund invests in any credit quality (without limit to below investment-grade) and allocates up to 60% in bank loans and up to 25% in securitized credit. At most 10% of the portfolio may be invested in non-USD-denominated bonds and any such debt obligation is hedged back to USD. To mitigate interest rate risk, OBND seeks to maintain a weighted average effective duration of 0 to7 years. The fund manager uses a risk-controlled approach and applies macroeconomic and sector analysis, coupled with quantitative models, to analyze the credit cycle and identify attractive opportunities. The fund may also use derivatives to generate income or hedge exposure.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Loans
Bonds, Cash & Other100.00%
Corporate61.03%
Loans16.01%
Cash7.76%
Securitized5.25%
ETF4.73%
Miscellaneous3.28%
Government1.94%
Stock breakdown by region
North America80.85%
Europe17.48%
Oceania0.92%
Asia0.75%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
OBND invests in bonds. The fund's major sectors are Corporate, with 61.03% stocks, and Securitized, with 5.25% of the basket. The assets are mostly located in the North America region.
OBND last dividends amounted to 0.14 USD. The month before, the issuer paid 0.14 USD in dividends, which shows a 2.32% decrease.
OBND assets under management is 47.19 M USD. It's risen 0.94% over the last month.
OBND fund flows account for 9.17 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.
Yes, OBND pays dividends to its holders with the dividend yield of 6.17%. The last dividend (Sep 5, 2025) amounted to 0.14 USD. The dividends are paid monthly.
OBND shares are issued by State Street Corp. under the brand SPDR. The ETF was launched on Sep 27, 2021, and its management style is Active.
OBND expense ratio is 0.55% meaning you'd have to pay 0.55% of your investment to help manage the fund.
OBND follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
OBND invests in bonds.
OBND price has risen by 1.14% over the last month, and its yearly performance shows a −1.09% decrease. See more dynamics on OBND price chart.
NAV returns, another gauge of an ETF dynamics, showed a 3.29% increase in three-month performance and has increased by 6.26% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 3.29% increase in three-month performance and has increased by 6.26% in a year.
OBND trades at a premium (0.14%) meaning the ETF is trading at a higher price than the calculated NAV.