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State Street DoubleLine Total Return Tactical ETF
TOTL (State Street DoubleLine Total Return Tactical ETF) is an index Fixed Income ETF by State. With a 0.55% MER, it provides diversified exposure through 1,350 holdings. Monthly distribution with a 5.16% yield.
TOTL by State is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
With a 0.55% MER, its fees are in line with category averages. It pays a monthly distribution with a 5.16% yield, making it attractive for income-seeking investors.
This ETF is suited for investors seeking stability and capital preservation. It can serve as a defensive component in a diversified portfolio or as a temporary cash parking option.