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SNLN ETF Report: Ratings, Analysis, Quotes, Holdings | ETF.com

SNLN

Highland iBoxx Senior Loan ETF
*Unless otherwise stated, data provided by FactSet.

SNLN Fund Description

SNLN tracks an index comprised of 100 senior loans with at least one year remaining in maturity. Loans are selected by liquidity and weighted by market value.

SNLN Factset Analytics Insight

SNLN delivers exposure to approximately 100 most liquid senior loans floating-rate, high-yield senior debt issued by banks to companies. SNLN’s loans pass a screen for USD 500 million in par amount outstanding and a spread over LIBOR of over 125 bps. The index imposes very robust liquidity selection criteria to identify the top 100 most liquid senior loans. While the floating-rate feature reduces sensitivity to interest rates, SNLN carries significant credit risk in that the portfolio is below investment grade and can include loans from insolvent issuers. Also, a spike in interest rates will make it harder for issuers to service their debt, a consideration that applies across the board in this space.

PERFORMANCE [as of 05/13/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
SNLN -0.27% 0.04% 0.67% 4.70% -0.51% 1.30% --
SNLN (NAV) -0.08% -0.02% 0.86% 4.70% -0.43% 1.36% --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

SNLN Summary Data

Highland
11/08/12
Open-Ended Fund
0.61%
$43.56M
$200.20K
0.32%

SNLN Portfolio Data

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N/A
72

SNLN Index Data

Market Value
Liquidity
N/A

SNLN Portfolio Management

0.61%
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SNLN Tax Exposures

20.00% / 39.60%
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Ordinary income
No

SNLN Fund Structure

Open-Ended Fund
No
No
No Policy
N/A
N/A
High
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

SNLN Factset Analytics Block Liquidity

As of 05/14/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of SNLN. SNLN is rated a N/A out of 5.

SNLN Tradability

12,401
$200.20K
7,856
$126.77K
0.32%
$0.05
-0.12%
0.48% / -0.88%
None
100.00%
100,000
0.08
0.03%
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10
$16.13
N/A

SNLN Top 10 Holdings[View All]

20.37%
3.08%
2.44%
2.38%
2.30%
2.29%
2.27%
2.15%
2.03%
1.92%
41.23%

SNLN Performance Statistics

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SNLN Holdings Statistics

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72
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SNLN Avg Life Maturity Distribution

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SNLN OAS Breakdown

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