State Street DoubleLine Total Return Tactical ETF
TOTL
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 1 Iron Street Boston MA United States of America 2210
- IPO Date
- Feb 24, 2015
- CIK
- 0001516212
- Website
- ssga.com
- Similar Companies
- Business
- State Street DoubleLine Total Return Tactical ETF (TOTL) is an actively managed exchange-traded fund that seeks to maximize total return by investing primarily in a diversified portfolio of fixed income securities across various credit qualities, maturities, and sectors. The fund, issued by State Street Global Advisors (SSGA) through SSGA Active Trust and sub-advised by DoubleLine Capital LP, targets core fixed income exposure benchmarked to the Bloomberg U.S. Aggregate Bond Index while employing tactical allocation strategies with a focus on mortgages and securitized assets. Its principal holdings include U.S. government and agency securities; inflation-protected Treasury obligations; agency and non-agency residential and commercial mortgage-backed securities; asset-backed securities; domestic and foreign corporate bonds; emerging market debt; bank loans; high-yield bonds (up to 25% of net assets); municipal bonds; and foreign currency-denominated securities (up to 15% of net assets), with a weighted average effective duration typically between 1 and 8 years. Headquartered in Boston, Massachusetts, with DoubleLine Capital LP based in Los Angeles, California (now Tampa, Florida), TOTL was launched on February 23, 2015, and primarily serves institutional and retail investors seeking broad credit fixed income exposure globally, including developed and emerging markets. The fund operates in the intermediate core-plus bond segment, offering monthly dividend distributions and maintaining approximately $3.8-$4.0 billion in assets under management as of late 2025, with key allocations to asset-backed securities (around 37%), mortgage-backed securities (24%), sovereign debt (22%), and corporate bonds (12%). Recent developments include sustained asset growth to over $4 billion amid favorable fixed income market conditions, with DoubleLine Capital enhancing its tactical approach through active risk management and bottom-up security selection to navigate interest rate volatility and credit opportunities as of 2025. The ETF has maintained its co-management structure by SSGA Funds Management, Inc. and DoubleLine since inception, with no major reorganizations or name changes reported in the last 1-2 years; however, DoubleLine independently expanded its ETF offerings in 2023 with launches like the DoubleLine Commercial Real Estate ETF and DoubleLine Mortgage ETF, complementing its sub-advisory role on TOTL and related products. Performance highlights through 2025 show competitive returns relative to its benchmark, driven by strategic shifts toward securitized products amid evolving yield curve dynamics.