Welcome to Dividend.com
Please help us personalize your experience.
Select the one that best describes you

SPDR® SSGA Fixed Income Sector Rotation ETF

etf
FISR
Dividend policy
Active
Price as of:
$32.28 +0.01 +0%
primary theme
Bond Sector Diversified
FISR (ETF)

SPDR® SSGA Fixed Income Sector Rotation ETF

Dividend policy
Active
Price as of:
$32.28 +0.01 +0%
primary theme
Bond Sector Diversified
FISR (ETF)
SPDR® SSGA Fixed Income Sector Rotation ETF
Dividend policy
Active
Price as of:
$32.28 +0.01 +0%
primary theme
Bond Sector Diversified

FISR - Snapshot

Vitals

  • YTD Return 3.7%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $60.8 M
  • Holdings in Top 10 100.0%

52 WEEK LOW AND HIGH

$32.27
$29.38
$32.51

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.31%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 150.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification

  • Primary Theme Bond Sector Diversified
  • Fund Type Exchange Traded Fund
  • Investment Style Multisector Bond

Compare FISR to Popular Bond Sector Diversified Funds

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$11.93

0.00%

$125.30 B

5.19%

$0.62

blocked
blocked
blocked

-0.91%

1.09%

$10.24

0.00%

$32.69 B

2.75%

$0.28

blocked
blocked
blocked

2.71%

0.74%

$8.23

0.00%

$18.52 B

3.80%

$0.31

blocked
blocked
blocked

1.23%

0.79%

$9.82

-0.10%

$16.74 B

5.21%

$0.51

blocked
blocked
blocked

-8.40%

0.92%

$12.61

+0.08%

$14.90 B

2.10%

$0.26

blocked
blocked
blocked

2.69%

0.97%

Compare FISR to Popular Bond Sector Diversified ETFs

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$21.86

+0.02%

$536.06 M

2.65%

$0.58

blocked
blocked
blocked

5.00%

0.28%

$26.50

-0.21%

$221.33 M

3.19%

$0.85

blocked
blocked
blocked

2.55%

0.85%

$21.40

-0.51%

$126.10 M

5.41%

$1.16

blocked
blocked
blocked

-7.34%

0.43%

$25.38

+0.08%

$114.78 M

2.72%

$0.69

blocked
blocked
blocked

8.43%

0.31%

$47.14

+0.12%

$93.85 M

2.38%

$1.12

blocked
blocked
blocked

-2.27%

0.23%

FISR - Profile

Distributions

  • YTD Total Return 3.7%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 2.57%
DIVIDENDS
  • Dividend Yield 2.5%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    SPDR® SSGA Fixed Income Sector Rotation ETF
  • Fund Family Name
    SPDR State Street Global Advisors
  • Inception Date
    Apr 02, 2019
  • Shares Outstanding
    1910000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jeremiah Holly

Fund Description

The fund is a "fund of funds," meaning that it primarily invests its assets in securities of other exchange-traded funds ("ETFs"). Under normal circumstances, it invests at least 80% of its net assets (plus the amount of borrowings for investments purposes) directly, or indirectly through the underlying ETFs, in fixed income securities. The fund or ETFs in which it invests may use derivative instruments to gain or hedge exposure to certain securities as an alternative to investing directly in such securities.


FISR - Performance

Return Ranking - Trailing

Period FISR Return Category Return Low Category Return High Rank in Category (%)
YTD 3.7% -39.7% 308.7% 18.60%
1 Yr 4.1% -30.8% 18.8% 30.45%
3 Yr N/A* -12.3% 7.8% N/A
5 Yr N/A* -15.6% 10.7% N/A
10 Yr N/A* -1.7% 11.6% N/A

* Annualized

Return Ranking - Calendar

Period FISR Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -35.1% 15.3% N/A
2018 N/A -48.0% 3.1% N/A
2017 N/A -14.8% 11.2% N/A
2016 N/A -11.2% 10.7% N/A
2015 N/A -51.1% 4.8% N/A

Total Return Ranking - Trailing

Period FISR Return Category Return Low Category Return High Rank in Category (%)
YTD 3.7% -39.7% 308.7% 18.45%
1 Yr 4.1% -33.3% 18.8% 25.31%
3 Yr N/A* -14.0% 7.8% N/A
5 Yr N/A* -16.6% 10.7% N/A
10 Yr N/A* -1.7% 11.6% N/A

* Annualized

Total Return Ranking - Calendar

Period FISR Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -35.1% 15.3% N/A
2018 N/A -48.0% 8.0% N/A
2017 N/A -14.8% 15.2% N/A
2016 N/A -11.2% 17.7% N/A
2015 N/A -51.1% 5.4% N/A

FISR - Holdings

Concentration Analysis

FISR Category Low Category High FISR % Rank
Net Assets 60.8 M 1.11 M 125 B 85.24%
Number of Holdings 5 3 7722 98.47%
Net Assets in Top 10 60.8 M -3.27 B 29.7 B 50.28%
Weighting of Top 10 100.00% 4.9% 100.0% 0.15%

Top 10 Holdings

  1. SPDR® Portfolio Mortgage Backed Bond ETF 32.65%
  2. SPDR® Portfolio Long Term Corp Bd ETF 25.24%
  3. SPDR® Portfolio Intmdt Term Trs ETF 21.53%
  4. SPDR® Portfolio Interm Term Corp Bd ETF 20.35%

Asset Allocation

Weighting Return Low Return High FISR % Rank
Bonds
95.31% -262.75% 322.42% 25.21%
Cash
3.70% -229.11% 362.75% 59.61%
Convertible Bonds
0.98% 0.00% 160.39% 54.18%
Stocks
0.00% -65.68% 166.80% 65.51%
Preferred Stocks
0.00% 0.00% 28.10% 51.67%
Other
0.00% -25.82% 100.67% 40.53%

Bond Sector Breakdown

Weighting Return Low Return High FISR % Rank
Corporate
45.35% 0.00% 99.15% 44.99%
Securitized
28.94% 0.00% 98.91% 34.82%
Government
22.01% 0.00% 98.23% 28.27%
Cash & Equivalents
3.70% 0.00% 100.00% 74.51%
Derivative
0.00% 0.00% 68.37% 57.10%
Municipal
0.00% 0.00% 41.64% 40.11%

Bond Geographic Breakdown

Weighting Return Low Return High FISR % Rank
US
89.36% -262.75% 231.38% 16.16%
Non US
5.95% -91.99% 135.29% 84.96%

FISR - Expenses

Operational Fees

FISR Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.31% 0.01% 24.26% 98.26%
Management Fee 0.50% 0.00% 2.25% 21.32%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.70% N/A

Sales Fees

FISR Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 6.50% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

FISR Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.40% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FISR Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 150.00% 0.00% 493.00% 77.90%

FISR - Distributions

Dividend Yield Analysis

FISR Category Low Category High FISR % Rank
Dividend Yield 2.49% 0.00% 6.15% 3.04%

Dividend Distribution Analysis

FISR Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

FISR Category Low Category High FISR % Rank
Net Income Ratio 2.57% -1.55% 18.14% 80.84%

Capital Gain Distribution Analysis

FISR Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

FISR - Fund Manager Analysis

Managers

Jeremiah Holly


Start Date

Tenure

Tenure Rank

Apr 02, 2019

1.58

1.6%

Jerry is a Vice President at State Street Global Advisors and a Senior Portfolio Manager with the Investment Solutions Group (ISG). In this role, Jerry is responsible for managing a variety of multi-asset class portfolios, including tactical asset allocation strategies and derivatives-based overlay strategies. He is actively involved in the investment research that underpins the team's views across capital markets and also plays a key role in articulating those perspectives and ideas to clients. Before joining the Investment Solutions Group, Jerry was a member of the firm's Consultant Relations department supporting asset allocation and fixed income investment strategies. Prior to joining SSgA in 2005, Jerry worked as a Research Analyst at Chmura Economics & Analytics - an economic research firm in Richmond, Virginia. Jerry graduated from the University of Richmond with a Bachelor of Arts degree in Economics. He earned the Chartered Financial Analyst designation and is a member of both the Boston Security Analysts Society and CFA Institute. Jerry also serves on the Board of Directors for Tutoring Plus of Cambridge, a nonprofit tutoring and mentoring organization based in Cambridge, MA.

Michael Martel


Start Date

Tenure

Tenure Rank

Apr 02, 2019

1.58

1.6%

Mike is a Managing Director of State Street Global Advisors and the Head of Portfolio Management in the Americas for SSGA's Investment Solutions Group (ISG). In this role, he is responsible for the design and management of multi-asset class strategies geared towards meeting the investment objectives of a broad and diverse client base. His work with clients includes aligning assets with long and short-term investment objectives, tactical asset allocation, and employing overlay strategies to enhance return and better manage risks. Prior to this role, Mike led ISG's Exposure Management Team. He has been working in the investment management field since 1992. Mike holds a Bachelor of Arts degree in Economics from the College of the Holy Cross and Master degrees in both Finance and Business Administration from the Carroll School of Management at Boston College.

Leo Law


Start Date

Tenure

Tenure Rank

Apr 02, 2019

1.58

1.6%

Leo Law, CFA, is an Assistant Vice President of SSGA and the Adviser and a Portfolio Manager in the Investment Solutions Group (ISG). He is responsible for the portfolio management of several investment strategies, including strategic and tactical global asset allocation. He is also actively involved in the business development of SSGA's model portfolio and defined contribution research. Prior to joining SSGA in 2016, Mr. Law worked as a portfolio analyst at Manulife Asset Management and a derivative analyst at Sun Life Financial, conducting industry wide fundamental research and implementing derivatives strategy to manage variable annuity products. Mr. Law holds a Bachelor of Science degree in Finance with a minor in Mathematics from Boston College. He earned the Chartered Financial Analyst (CFA) and Financial Risk Manager designations. He is a member the CFA Institute and CFA Society Boston, Inc.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.03 29.48 5.39 1.84