Economics

Gundlach, State Street Launch Total Return ETF

Gundlach, State Street Launch Total Return ETF

State Street (STT) and DoubleLine Capital launched an ETF Tuesday, hoping to capitalize both on the continuing outflows from products sold by fixed-income rival PIMCO and the growth in DoubleLine’s popularity. The new fund is called the SPDR DoubleLine Total Return Tactical ETF (TOTL). “We view this as a unique offering that pairs SPDR’s experience as…

Like Us On Facebook - For Business And General News: ValueWalk - For Tech And Science News: ValueWalk Tech - For Tech Insights, Technical Questions and Queries: Follow Our COO, Sheeraz Raza.