{
 "ticker": "HYBL",
 "name": "State Street(R) Blackstone High Income ETF",
 "issuer": "State Street",
 "desk": "income",
 "url": "https://etfiq.com/funds/hybl",
 "html": "https://etfiq.com/funds/hybl",
 "markdown": "https://etfiq.com/funds/hybl.md",
 "as_of": "2026-09-18",
 "verdict": "Over the year to Sep 18, 2026, HYBL paid 6.8% in cash and finished 1.6 points ahead of HYG.",
 "key_facts": [
  {
   "key": "cash_paid_1_year_on_its_starting_price",
   "label": "Cash paid, 1 year, on its starting price",
   "value": "6.8%",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "HYBL, cash paid, 1 year, on its starting price: 6.8%, as of Sep 18, 2026."
  },
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "+4.2%",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "HYBL, total return, 1 year: +4.2%, as of Sep 18, 2026."
  },
  {
   "key": "against_hyg",
   "label": "Against HYG",
   "value": "+1.6 pts",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "HYBL, against HYG: +1.6 pts, as of Sep 18, 2026."
  },
  {
   "key": "latest_payout_annualized",
   "label": "Latest payout, annualized",
   "value": "7.2%",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "HYBL, latest payout, annualized: 7.2%, as of Sep 18, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$579m",
   "source": "the issuer\u2019s own daily fund list, as of Sep 17, 2026",
   "as_of": "2026-09-18",
   "sentence": "HYBL, net assets: $579m (the issuer\u2019s own daily fund list, as of Sep 17, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.70%",
   "source": "485BPOS XBRL, Oct 24, 2025",
   "as_of": "2026-09-18",
   "sentence": "HYBL, expense ratio: 0.70% (485BPOS XBRL, Oct 24, 2025)."
  }
 ],
 "fields": [
  {
   "key": "strategy",
   "label": "Strategy",
   "value": "option income",
   "source": null
  },
  {
   "key": "benchmark",
   "label": "Benchmark",
   "value": "US high yield bonds (HYG), used as the proxy (proxy)",
   "source": null
  },
  {
   "key": "pays",
   "label": "Pays",
   "value": "monthly",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$579m",
   "source": "the issuer\u2019s own daily fund list, as of Sep 17, 2026"
  },
  {
   "key": "latest_payout_annualized",
   "label": "Latest payout, annualized",
   "value": "7.2%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.70%",
   "source": "485BPOS XBRL, Oct 24, 2025"
  },
  {
   "key": "cash_paid_last_12_months_over_today_s_price",
   "label": "Cash paid, last 12 months, over today\u2019s price",
   "value": "7.0%",
   "source": "ETFIQ"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Feb 17, 2022",
   "source": null
  },
  {
   "key": "pays",
   "label": "Pays",
   "value": "monthly",
   "source": null
  },
  {
   "key": "typical_gap_between_ex_dates",
   "label": "Typical gap between ex-dates",
   "value": "30 days",
   "source": null
  },
  {
   "key": "typical_wait_from_ex_date_to_payment",
   "label": "Typical wait from ex-date to payment",
   "value": "2 days",
   "source": null
  },
  {
   "key": "last_paid_per_share",
   "label": "Last paid, per share",
   "value": "$0.1675 ex Sep 1, 2026",
   "source": null
  },
  {
   "key": "sum_of_the_last_12_distributions",
   "label": "Sum of the last 12 distributions",
   "value": "$1.9598",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Cash paid": "1.7%",
   "Price": "\u22120.6%",
   "Total return": "+1.1%",
   "HYG": "\u22120.4%",
   "Ahead or behind": "+1.5 pts"
  },
  {
   "window": "6 months",
   "Cash paid": "3.5%",
   "Price": "+0.7%",
   "Total return": "+4.3%",
   "HYG": "+2.5%",
   "Ahead or behind": "+1.7 pts"
  },
  {
   "window": "1 year",
   "Cash paid": "6.8%",
   "Price": "\u22122.8%",
   "Total return": "+4.2%",
   "HYG": "+2.6%",
   "Ahead or behind": "+1.6 pts"
  },
  {
   "window": "3 years",
   "Cash paid": "23.1%",
   "Price": "+0.4%",
   "Total return": "+25.9%",
   "HYG": "+26.0%",
   "Ahead or behind": "\u22120.1 pts"
  },
  {
   "window": "Since launch",
   "Cash paid": "30.6%",
   "Price": "\u22127.5%",
   "Total return": "+28.4%",
   "HYG": "+23.6%",
   "Ahead or behind": "+4.8 pts"
  }
 ],
 "questions": [
  {
   "q": "How much has HYBL paid over the last year?",
   "a": "Over the year to Sep 18, 2026, HYBL paid 6.8% of its starting price in cash distributions, while the price fell 2.8%."
  },
  {
   "q": "Is HYBL ahead of HYG?",
   "a": "Over the year to Sep 18, 2026, with every distribution reinvested, HYBL returned +4.2% against +2.6% for US high yield bonds (HYG), used as the proxy, so a holder was ahead of it by 1.6 points."
  },
  {
   "q": "How often does HYBL pay, and how much?",
   "a": "HYBL pays monthly. The latest distribution annualizes to 7.2% at its price on Sep 18, 2026, which is not a promise; the next one can differ."
  },
  {
   "q": "When does HYBL next pay a distribution?",
   "a": "HYBL pays monthly. The last distribution went ex on Sep 1, 2026 at $0.1675 a share. The next is not declared; on a cadence of about 30 days the ex-date falls near Oct 1, 2026, which is an ETFIQ projection. Payment usually follows the ex-date by 2 days."
  },
  {
   "q": "What does HYBL cost?",
   "a": "The prospectus expense ratio is 0.70% a year."
  }
 ],
 "generated": "2026-09-21",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}