State Street Global Advisors and DoubleLine to host joint webcast on outlook for fixed income investing

State Street Global Advisors (SSGA), the asset management business of State Street Corporation (NYSE:STT), today announced that assets in the SPDR DoubleLine Total Return Tactical ETF (NYSE Arca:TOTL) have surpassed US $1 billion. Developed through a partnership between SSGA and DoubleLine Capital, TOTL was launched on February 23, 2015, and has attracted over $1 billion of asset inflows during its first six months – making it the fastest growing ETF launched in 2015.1

“With the possibility of higher interest rates in the near future, but the need for income remaining paramount, investors are reevaluating their approach to managing the core of their fixed income portfolios,” said James Ross, executive vice president and global head of SPDR Exchange Traded Funds at State Street Global Advisors. “TOTL offers the active management expertise and skill of DoubleLine and this asset milestone illustrates both the shared challenges and appeal of the solution offered through this SPDR ETF to institutions, financial advisors and retail investors.”

Managed by Jeffrey Gundlach, chief executive officer and chief investment officer of DoubleLine Capital, Philip Barach, DoubleLine president, and Jeffrey Sherman, portfolio manager and member of the firm’s Fixed Income Asset Allocation Committee, TOTL combines traditional fixed income investment sectors of the Barclays U.S. Aggregate Bond Index and fixed income asset classes outside the index with the goal of maximizing total return over a full market cycle through active sector allocation and security selection.

On Monday, September 21, State Street Global Advisors and DoubleLine Capital will host a joint webcast entitled The Road Ahead: What’s Next for Fixed Income. Participating in a Q&A discussion moderated by Consuelo Mack, James Ross and Jeffrey Gundlach will discuss their outlook for fixed income investing in the wake of any announcements from the Federal Reserve’s latest FOMC meeting. For more information on the webcast and to pre-register, click here.

For more information on how ETFs are being used to design strategies for a new fixed income environment, click here to download a copy of “Fixed Income: The Tide May Be Turning.”

About SPDR Exchange Traded Funds

SPDR ETFs are a comprehensive family spanning an array of international and domestic asset classes. SPDR ETFs are managed by SSgA Funds Management, Inc., a registered investment adviser and wholly owned subsidiary of State Street Bank and Trust Company. The funds provide investors with the flexibility to select investments that are precisely aligned to their investment strategy. Recognized as an industry pioneer, State Street created the first US listed ETF in 1993 (SPDR S&P 500® – Ticker SPY) and has remained on the forefront of responsible innovation, as evidenced by the introduction of many ground-breaking products, including first-to-market launches with gold, international real estate, international fixed income, and sector ETFs. For more information, visit www.spdrs.com.

About State Street Global Advisors

For nearly four decades, State Street Global Advisors has been committed to helping our clients, and those who rely on them, achieve financial security. We partner with many of the world’s largest, most sophisticated investors and financial intermediaries to help them reach their goals through a rigorous, research-driven investment process spanning both indexing and active disciplines. With trillions* in assets, our scale and global reach offer clients unrivaled access to markets, geographies and asset classes, and allow us to deliver thoughtful insights and innovative solutions.

State Street Global Advisors is the investment management arm of State Street Corporation.

*Assets under management were $2.4 trillion as of June 30, 2015. Assets under management include approximately $26.7 billion (as of June 30, 2015), for which State Street Global Markets, LLC, an affiliate of SSgA, serves as the distribution agent.

ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETFs net asset value. Brokerage commissions and ETF expenses will reduce returns.

Frequent trading of ETFs could significantly increase commissions and other costs such that they may offset any savings from low fees or costs.

The values of debt securities may decrease as a result of many factors, including, by way of example, general market fluctuations; increases in interest rates; actual or perceived inability or unwillingness of issuers, guarantors or liquidity providers to make scheduled principal or interest payments; illiquidity in debt securities markets; and prepayments of principal, which often must be reinvested in obligations paying interest at lower rates.

Investing in high yield fixed income securities, otherwise known as "junk bonds", is considered speculative and involves greater risk of loss of principal and interest than investing in investment grade fixed income securities. These Lower-quality debt securities involve greater risk of default or price changes due to potential changes in the credit quality of the issuer.

Increase in real interest rates can cause the price of inflation-protected debt securities to decrease. Interest payments on inflation-protected debt securities can be unpredictable.

Investments in asset backed and mortgage backed securities are subject to prepayment risk which can limit the potential for gain during a declining interest rate environment and increases the potential for loss in a rising interest rate environment.

Government bonds and corporate bonds generally have more moderate short-term price fluctuations than stocks, but provide lower potential long-term returns.

Foreign investments involve greater risks than U.S. investments, including political and economic risks and the risk of currency fluctuations, all of which may be magnified in emerging markets.

Actively managed funds do not seek to replicate the performance of a specified index. An actively managed fund may underperform its benchmark. An investment in the fund is not appropriate for all investors and is not intended to be a complete investment program. Investing in the fund involves risks, including the risk that investors may receive little or no return on the investment or that investors may lose part or even all of the investment.

Non-diversified funds that focus on a relatively small number of issuers tend to be more volatile than diversified funds and the market as a whole.

DoubleLine® is a registered trademark of DoubleLine Capital LP.

Standard & Poor’s, S&P and SPDR are registered trademarks of Standard & Poor’s Financial Services LLC (S&P); Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones); and these trademarks have been licensed for use by S&P Dow Jones Indices LLC (SPDJI) and sublicensed for certain purposes by State Street Corporation. State Street Corporation’s financial products are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates and third party licensors and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability in relation thereto, including for any errors, omissions, or interruptions of any index.

Distributor: State Street Global Markets, LLC, member FINRA, SIPC, a wholly owned subsidiary of State Street Corporation. References to State Street may include State Street Corporation and its affiliates. Certain State Street affiliates provide services and receive fees from the SPDR ETFs. State Street Global Markets, LLC is the distributor for all registered products on behalf of the advisor. The advisor, SSgA Funds Management, Inc., has retained DoubleLine Capital LP as the sub-advisor.

Before investing, consider the fund’s investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 1-866-787-2257 or visit www.spdrs.com. Read it carefully.

Not FDIC Insured * No Bank Guarantee * May Lose Value

CORP-1565

Exp Date: 10/20/15

1 Bloomberg

State Street CorporationBrendan Paul, +1 617-662-2903Bpaul2@StateStreet.comorTroy Mayclim, +1 914-686-5552tmayclim@riverinc.com

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