SSGA: An Active Multi-Asset Approach To Credit
State Street Global Advisors rolled out an active fixed income strategy managed by Blackstone that targets high yield corporate bonds, senior loans and CLOs.
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[This ETF Industry Perspective is sponsored by State Street Global Advisors in partnership with Cboe Global Markets.]
Daniel McMullen, senior managing director and senior portfolio manager with Blackstone, is one of the managers of the recently launched SPDR Blackstone High Income ETF (HYBL). Here, he explains how the fund actively allocates across senior loans, high yield and CLOs to provide risk-adjusted total return and high current income.
