SRLNState Street Blackstone Senior Loan ETF

Get income13y track recordRanked #355 of 1,622 in this goal

Provide current income consistent with the preservation of capital.

By State Street Investment Management · Launched 2013

Annual Cost

0.70%

#3,529 of 5,562 · average

Fund Size

$5.3B

#431 of 5,562 · large

Dividend YieldGoal

7.50%

Track Record

13 years

#1,065 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,448+4.5%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Index tracking

Index tracked

Markit iBoxx USD Liquid Leveraged Loan Index

What it actually holds

By weight

Concentration

Top 10 holdings = 18.3% of fund✓ well diversified

State Street Global Advisors

2.2%

CommScope Inc

2.1%

Global Medical Response Inc

1.9%

Boost Newco Borrower LLC

1.9%

X Corp.

1.8%

Gainwell Acquisition Corp

1.7%

Great Outdoors Group LLC

1.7%

Peraton Corp

1.7%

Allied Universal Holdco LLC

1.6%

State Street Bank & Trust Co.

1.5%

Asset allocation

Bonds

92.2%

Cash

7.3%

Stocks

0.5%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

2.9%Low

Year-on-year price swings

Max drawdown

-22.3%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

1.26Strong risk-adjusted returns

Sortino (3Y)

1.83Good downside protection

Bond profile

Credit ratings

BBB

1.8%

23.5%

65.4%

Below B

3.5%

Other

5.8%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Provide current income consistent with the preservation of capital.
Strategy: Invests primarily in Senior Loans, aiming to outperform the Markit iBoxx USD Liquid Leveraged Loan Index and the Morningstar LSTA US Leveraged Loan 100 Index. Focuses on loans to established companies with strong cash flows.
Inception date: April 3, 2013
Fund family: State Street Investment Management