Symbols

EMTL

State Street DoubleLine Emerging Markets Fixed Income ETF·CBOE

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Key Stats

Assets Under Management

106.70MUSD

Fund Flows (1Y)

15.30MUSD

Dividend Yield

5.04%

Discount/Premium to NAV

0.14%

Shares Outstanding

2.50M

Expense Ratio

0.65%

About State Street DoubleLine Emerging Markets Fixed Income ETF

Issuer

State Street Global Advisors

Brand

SPDR

Home Page

https://www.ssga.com/us/en/intermediary/etfs/state-street-doubleline-emerging-markets-fixed-income-etf-emtl

Inception Date

Apr 13, 2016

Structure

Open-Ended Fund

Index Tracked

Management Style

Active

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

SSgA Funds Management, Inc.

Distributor

State Street Corp. (Fund Distributor)

EMTL is an actively managed fund that invests in emerging market debt. Managed by DoubleLine Capital, EMTL has a broad mandate to invest in a variety of fixed income sectors using macro-economic and bottom up analysis. Self-imposed constraints include a maximum 20% allocation to any single country, and no more than 20% allocation in fixed income securities that are unrated or below investment grade. EMTL aims to lean toward USD-denominated debt, but places no bounds on any currency, and might hedge local currency debt. The fund aims to maintain a weighted average effective duration between two and eight years.