SPDR Blackstone Senior Loan ETF (SRLN)
| Assets | $8.07B |
| Expense Ratio | 0.70% |
| PE Ratio | n/a |
| Shares Out | 192.10M |
| Dividend (ttm) | $3.58 |
| Dividend Yield | 8.60% |
| Ex-Dividend Date | Dec 19, 2024 |
| Payout Ratio | n/a |
| 1-Year Return | -0.22% |
| Volume | 4,879,435 |
| Open | 41.60 |
| Previous Close | 41.56 |
| Day's Range | 41.54 - 41.64 |
| 52-Week Low | 40.71 |
| 52-Week High | 42.13 |
| Beta | 0.29 |
| Holdings | 574 |
| Inception Date | Apr 3, 2013 |
About SRLN
Fund Home PageThe SPDR Blackstone Senior Loan ETF (SRLN) is an exchange-traded fund that mostly invests in high yield fixed income. The fund 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 was launched on Apr 3, 2013 and is issued by State Street.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2024 | $0.267 | n/a |
| Dec 2, 2024 | $0.260 | Dec 5, 2024 |
| Nov 1, 2024 | $0.296 | Nov 6, 2024 |
| Oct 1, 2024 | $0.304 | Oct 4, 2024 |
| Sep 3, 2024 | $0.313 | Sep 6, 2024 |
| Aug 1, 2024 | $0.303 | Aug 6, 2024 |
News
SRLN: Senior Loan ETF, Good 8.7% TTM Yield, But Not A Buy Due To Fed Cuts
SRLN is an actively managed ETF focusing on senior secured variable rate loans from non-investment grade companies, with a diverse portfolio across sectors. Recent Fed cuts should cause the fund's div...
End Of 2024 Trending Exchange-Traded Funds
I updated my universe of exchange-traded funds to track based on superior long-term performance. Nearly 450 ETFs are ranked based on short-term monthly returns, exponential moving average, and money f...
More Money Market Substitutes Taking Shape
Investors have been married to their money market funds for the better part of the last two years. But a recent poll from VettaFi's Q4 Fixed Income Symposium in October showed more market participants...
SRLN: Sell The Weakest Leveraged Loan Fund
Better than expected inflation data prompts the market to price in more than three rate cuts in 2024. Lower rates leading to capital outflows from floating rate assets into fixed rate investments. SRL...
Bond ETFs attract record flows in July as investors position for Fed rate cuts
Hello! Bonds seemed more appealing to ETF investors than ever before in July, based on flow data from State Street. This week's ETF Wrap looks at what's driving investors' appetite for fixed income la...
U.S. Weekly Fund Flows Insight Report: Equity ETFs See Their Third Outflow Over The Last 4 Weeks
During LSEG Lipper's fund flows week that ended June 19, 2024, investors were overall net redeemers of fund assets for the first week in three, removing a net $30.0 billion. Taxable bond funds, altern...
SRLN: Simple Senior Loan ETF, Strong 8.9% Yield And Performance Track Record
SRLN is an actively managed ETF focusing on senior loans. Senior loans are variable rate loans, and so their coupon rates and yields have skyrocketed because of past Fed hikes. SRLN itself yields 8.9%...
SRLN: Better Alternatives Exist In The Leveraged Loan Space
SPDR Blackstone Senior Loan ETF seeks to provide current income while preserving capital by investing in senior loans. SRLN is overweight in single-B leveraged loans and has a low concentration in CCC...
SRLN: Underperforming Leveraged Loan Fund
Floating rate investments like SRLN may see lower forward returns due to the Fed's plan to lower interest rates in 2024. SRLN has underperformed passive leveraged loan ETFs and has not lived up to its...
SRLN: An Interesting Income Play Few Talk About
SPDR Blackstone Senior Loan ETF provides exposure to senior loans and aims to generate current income while preserving capital. Senior loans are high-yield debt obligations backed by the borrower's as...
Senior Loans Or CLO Debt, Which Is Best For Income Investors And Retirees?
Federal Reserve hikes have led to strong dividend growth in most variable rate securities and funds. Two of these are senior loans and CLO debt tranches. A look at the similarities, and differences, b...
SRLN: Growing 7.6% Yield, Low Interest Rate Risk, Strong Recent Performance
Senior loans currently yield more than most relevant fixed-income sub-asset classes. SRLN is an actively-managed senior loan ETF, offering investors a growing 7.4% yield. An overview of the fund follo...
3 Floating Rate ETFs For Income Investors And Retirees
Floating rate securities offer investors strong, above-average yields with little in interest rate risk. There are several ETFs focusing on these securities. Three stand out, and offer strong investme...
Leveraged loan defaults hit $25 billion, head for third worst year in history, Goldman
Leveraged loan defaults are heading for the third-worst year in history as Federal Reserve interest rate hikes take a toll, according to Goldman Sachs.
SRLN: Largest, Highest-Yielding Senior Loan ETF, Growing 5.3% Yield, Low Interest Rate Risk
Senior secured loans see higher yields and dividends when interest rates rise. SRLN is the highest-yielding senior loan ETF in the market, with a growing 5.3% yield.
State Street 3Q ETF Outflows Soar to $14B
Falling stocks, bonds crimp fund purchases; fee revenue dropped 8%.
Tradeweb Exchange-Traded Funds Update - July 2022
July was another strong month for the Tradeweb European ETF marketplace, with trading activity amounting to EUR 58.7 billion. Total consolidated U.S. ETF notional value traded in July 2022 reached USD...
3 Popular ETFs to Avoid
ARK Innovation ETF made the list. Find out why in this Morningstar's 3 ETFs video.
SRLN ETF Vs. VRP ETF: Depends On Your Risk/Return Goals
SPDR Blackstone / GSO Senior Loan ETF invests exclusively in Corporate loans and is covered in detail by this article. Invesco Variable Rate Preferred ETF invests similarly. This ETF was covered in de...
Closed-End Funds: Senior Loan Funds Q4 2021 Update
As we enter the fourth quarter of 2021, we are inching closer to the eventual rate hikes from the Fed. We've been continuing to monitor the senior loan fund space to find some opportunities worth expl...
Loan Participation Funds Can Add Some Needed Diversification In A Rising Interest Rate Environment
Year to date through the Refinitiv Lipper fund flows week ended October 13, 2021, investors have injected a net $36.7 billion into Loan Participation Funds (including ETFs). While the average taxable ...
SRLN: Best Senior Loan ETF, But Not A Buy
Senior secured loans provide investors with a simple way to profit from increased interest rates. SRLN is a particularly strong senior loan ETF, with an above-average 4.5% dividend yield, and the stro...
Reducing Risk With Bank Loan ETFs
Bank loan ETFs might be an antidote for income-sensitive investors in a complacent, low-yield fixed income environment.
Swap Options For Reducing Discount Risk And Not Sacrificing A Ton Of Yield
In counter-cyclical investing, we want to buy CEFs when discounts are wide and sell them when discounts are tight. The problem we run into is that when we swap, we give up the upside of the NAVs shoul...