(HYBL) SSGA Active Trust - Overview

ETF Category: High Yield Bond | Exchange: BATS (USA) | Market Cap: 563m USD | Total Return: 6.1% in 12m

Corporate Bonds, Senior Loans, Debt Tranches
Total Rating 45
Safety 69
Buy Signal -0.24
High Yield Bond
Category Rotation: +4.4
TER: 0.70%
AUM: 563M
Avg Turnover: 2.95M
Risk 3d forecast
Volatility2.86%
VaR 5th Pctl0.51%
VaR vs Median-0.78%
Reward TTM
Sharpe Ratio0.65
Rel. Str. IBD38.2
Rel. Str. Peer Group81.7
Character TTM
Beta0.156
Beta Downside0.126
Hurst Exponent0.534
Drawdowns 3y
Max DD4.32%
CAGR/Max DD1.96
CAGR/Mean DD25.48

Warnings

No concerns identified

Tailwinds

No distinct edge detected

Description: HYBL SSGA Active Trust

The SPDR Blackstone High Income ETF (HYBL) is an actively managed fund targeting U.S. dollar-denominated high-yield debt. Its portfolio primarily consists of high-yield corporate bonds, senior secured loans, and debt tranches of collateralized loan obligations (CLOs). The fund maintains a non-diversified structure and has the flexibility to allocate up to 100% of its assets to either corporate bonds or senior loans depending on market conditions.

The high-yield sector involves lending to sub-investment grade issuers, typically rated BB+ or lower by major credit agencies. Senior loans within this space often feature floating-rate coupons, which can provide a hedge against rising interest rates compared to fixed-rate corporate bonds. CLOs function as securitized vehicles that pool diverse portfolios of these senior loans to redistribute credit risk across different debt layers.

Investors can utilize ValueRay to further analyze how these credit tranches perform across different interest rate cycles. This fund allows for tactical shifts across the capital structure to optimize income generation while managing credit exposure.

Headlines to Watch Out For
  • Federal Reserve interest rate trajectory dictates high yield corporate bond valuations
  • Credit spread volatility impacts net asset value of senior loan holdings
  • Default rates in leveraged finance markets influence underlying asset performance
  • U.S. collateralized loan obligation pricing drives indirect senior loan exposure returns
  • Investor appetite for risk-on assets determines fund inflow and liquidity levels
What is the price of HYBL shares?

As of June 07, 2026, the stock is trading at USD 27.91 with a total of 68,843 shares traded.
Over the past week, the price has changed by -0.35%, over one month by -0.02%, over three months by +2.05% and over the past year by +6.10%.

Is HYBL a buy, sell or hold?

SSGA Active Trust has no consensus analysts rating.