(HYBL) SSGA Active Trust - SPDR - Ratings and Ratios
High-Yield Bonds, Senior Loans, CLO Tranches
Dividends
| Dividend Yield | 7.25% |
| Yield on Cost 5y | 9.04% |
| Yield CAGR 5y | 26.78% |
| Payout Consistency | 100.0% |
| Payout Ratio | - |
| Risk via 5d forecast | |
|---|---|
| Volatility | 2.65% |
| Value at Risk 5%th | 4.27% |
| Relative Tail Risk | -2.02% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.59 |
| Alpha | 0.91 |
| CAGR/Max DD | 2.16 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.489 |
| Beta | 0.198 |
| Beta Downside | 0.235 |
| Drawdowns 3y | |
|---|---|
| Max DD | 4.32% |
| Mean DD | 0.37% |
| Median DD | 0.12% |
Description: HYBL SSGA Active Trust - SPDR October 25, 2025
The SPDR Blackstone High Income ETF (ticker HYBL) is a non-diversified, U.S.–based ETF that allocates its assets primarily to U.S. dollar-denominated high-yield debt, including corporate bonds, senior loans, and debt tranches of collateralized loan obligations (CLOs). The sub-adviser may invest up to 100 % of net assets in either high-yield bonds or senior loans and can hold securities of any maturity, using CLO positions to obtain indirect exposure to senior loans.
Key metrics (as of the latest public filings) show an average portfolio yield of roughly 7.5 % and a weighted-average maturity of about 5 years, with an expense ratio near 0.55 %. The fund’s performance is highly sensitive to the U.S. high-yield spread (the BAA-AAA spread), which has widened by roughly 150 basis points since early 2023 amid rising Treasury yields and concerns about corporate default risk. Credit-quality trends in the leveraged loan market-particularly the growth of CLO issuance-also drive supply-side dynamics for the ETF’s holdings.
If you want a data-driven deep-dive into HYBL’s risk-adjusted returns and how macro-economic shifts may affect its outlook, ValueRay’s analytics platform offers a useful starting point for further research.
What is the price of HYBL shares?
Over the past week, the price has changed by +0.00%, over one month by +0.96%, over three months by +1.25% and over the past year by +6.98%.
Is HYBL a buy, sell or hold?
What are the forecasts/targets for the HYBL price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 33 | 15.9% |
HYBL Fundamental Data Overview December 16, 2025
Beta = 0.41
Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 541.9m USD (541.9m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 541.9m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 541.9m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 6.75% (E(541.9m)/V(541.9m) * Re(6.75%) + (debt-free company))
Discount Rate = 6.75% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Fair Price DCF = unknown (Cash Flow 0.0)
Additional Sources for HYBL ETF
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle