TOTL Stock Summary and Trading Ideas (SPDR Doubleline Total Return Tactical ETF | ARCA:TOTL)

The Fund seeks to maximize total return. Under normal circumstances, DoubleLine Capital LP (Sub-Adviser) will invest at least 80% of the Portfolio s net assets in a portfolio of fixed income securities of any credit quality. Fixed income securities in which the Portfolio principally invests include securities issued or guaranteed by the U.S. government or its agencies, instrumentalities or sponsored corporations; inflation protected public obligations of the U.S. Treasury; agency and non-agency residential mortgage-backed securities (CMBS); agency and non-agency commercial mortgage-backed securities (CMBS ); agency and non-agency asset-backed securities ( ABS ); domestic corporate bonds; fixed income securities issued by foreign corporations and foreign governments including emerging markets; bank loans, municipal bonds; and other securities bearing fixed interest rates of any maturity. The Portfolio may conduct foreign currency transactions on a spot (i.e., cash) or forward basis (i.e., by entering into forward contracts to purchase or sell foreign currencies).

SPDR Doubleline Total Return Tactical ETF trades on the ARCA stock market under the symbol TOTL.

As of April 18, 2024, TOTL stock price declined to $39.02 with 127,509 million shares trading.

TOTL has a beta of 0.28, meaning it tends to be less sensitive to market movements. TOTL has a correlation of 0.28 to the broad based SPY ETF.

TOTL has a market cap of $2.79 billion. This is considered a Mid Cap stock.

In the last 3 years, TOTL stock traded as high as $48.67 and as low as $37.45.

TOTL has underperformed the market in the last year with a return of +0.9%, while the SPY ETF gained +22.4%. In the last 3 month period, TOTL fell short of the market, returning -1.0%, while SPY returned +6.2%. However, in the most recent 2 weeks TOTL has outperformed the stock market by returning -1.5%, while SPY returned -3.8%.

TOTL support price is $38.96 and resistance is $39.26 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TOTL stock will trade within this expected range on the day.