SRLN

SPDR Blackstone / GSO Senior Loan ETF
B

N/A
  • Overview
  • Efficiency
  • Tradability
  • Fit

SRLN Fund Description

The SPDR Blackstone/GSO Senior Loan ETF provides actively managed exposure to noninvestment-grade, floating-rate senior secured debt of US and non-US corporations that resets in 3 months or less.

SRLN Factset Analytics Insight

SRLN's actively managed approach to the senior loan ETF space has been well received by investors. The fund has amassed a strong asset base since launch. SRLN aims to outperform the indexes underlying two competing ETFs, SNLN and BKLN, citing two possible means. First, it tries to anticipate which credits will be added and dropped from the indexes, buying and selling accordingly. Second, it isn't constrained to US firms. By design, SRLN allocates overwhelmingly to floating rate, below-investment-grade loans per issuer SSgA. SRLN trades well with small spreads, though larger investors looking to trade blocks will have to work harder with market makers for good executions as the underlying senior loan market is generally less liquid. It charges a reasonable fee for the active management space, and with no underlying index, tracking isn't a concern.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
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SRLN Top 10 Countries

SRLN Top 10 Sectors

SRLN Top 10 Holdings

SRLN Summary Data

SPDR
04/03/13
Open-Ended Fund
0.70%
$2.41B
$16.15M
0.03%

SRLN Portfolio Data

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02/01/18
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SRLN Index Data

No Underlying Index
Proprietary
Proprietary
N/A

Related ETFs to SRLN

FTSL
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

SRLN Portfolio Management

0.70%
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SRLN Tax Exposures

20.00% / 39.60%
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Ordinary income
No

SRLN Fund Structure

Open-Ended Fund
No
No
100% / 0%
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
SHARES/SIZEPRICE
ASKS1,60047.55
1,70047.54
1,70047.53
70047.52
20047.51
BIDS20047.50
70047.49
40047.48
10047.47
10047.46
LAST 10 TRADES
TIMEPRICESHARES
15:18:5447.51100
15:16:5347.52100
15:11:0547.51100
15:10:4347.51500
15:09:3647.51100
15:09:3047.51100
15:09:1647.51700
15:09:1647.51100
14:43:4847.51100
14:43:2647.51100
Bats BZX Real-time Quote - 15:34:34
Daily Spread
Premium/Discount
Volume

SRLN Factset Analytics Block Liquidity

As of 01/22/18
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of SRLN. SRLN is rated a 3 out of 5.

SRLN Tradability

341,403
$16.15M
219,789
$10.39M
0.03%
$0.01
0.04%
0.16% / -0.15%
None
100.00%
50,000
4.40
0.00%
--
--
$47.47
3

SRLN Top 5 Countries

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SRLN Top 5 Currencies

SRLN Performance Statistics

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SRLN Maturity Distribution

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SRLN Credit Breakdown

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