GALSPDR SSgA Global Allocation ETF
GAL Fund Description
GAL is an actively managed fund of funds that provides the majority of its returns from capital gains by investing across asset classes.
GAL Factset Analytics Insight
GAL aims to provide capital appreciation with a multi-asset-class, top-down strategy using ETFs and ETNs—mostly from State Street. By rule, equities dominate: the fund aims to assign half its portfolio weight to them. Roughly one-third of the fund is invested in the international equity space, with another third invested in US equity, according to the issuer. Outside of equities, GAL also holds a lot of debt, reaching pretty far down the credit quality scale—over a third of its debt holdings are below investment grade. GAL has managed to attract a decent asset base, perhaps aided by a competitive expense ratio. Its volume and trading spreads are reasonable but unimpressive, meaning the fund can be traded fairly for longer-term allocations, with some care. Larger investors should consider working with a liquidity provider or the fund's issuer. Investors should watch out for capital gains, as the fund has made distributions in the recent past.
GAL MSCI ESG Analytics Insight
SPDR SSgA Global Allocation ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.49 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. SPDR SSgA Global Allocation ETF ranks in the 40th percentile within its peer group and in the 27th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
GAL Charts And Performance
GAL Summary Data
GAL Portfolio Data
GAL Index Data
GAL Fund Structure
GAL Tax Exposures
GAL Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of GAL. GAL is rated a N/A out of 5.