OBNDSPDR Loomis Sayles Opportunistic Bond ETF
OBND Fund Description
OBND is an actively-managed fund that seeks to maximize total return by holding a broad basket of predominantly USD-denominated bonds.
OBND Factset Analytics Insight
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.
OBND Summary Data
OBND Portfolio Data
OBND Index Data
OBND Portfolio Management
OBND Tax Exposures
OBND Fund Structure
OBND Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of OBND. OBND is rated a N/A out of 5.
OBND Top 10 Holdings[View All]
OBND Performance Statistics
OBND Holdings Statistics
OBND Avg Life Maturity Distribution
OBND OAS Breakdown
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.