SNLN
Closed
Highland/iboxx Senior Loan Etf
14.62
0.00 (0.00%)
Last Update: 19 Sep 2023 16:30:00
Yesterday: 14.62
Day's Range: 14.62 - 14.62
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When Written:
14.72
The Highland/iBoxx Senior Loan ETF is an exchange-traded fund that seeks to track the performance of the Markit iBoxx USD Liquid Leveraged Loan Index. This index is composed of U.S. dollar-denominated senior secured loans, which are typically made to companies with below-investment-grade credit ratings. The ETF invests in a diversified portfolio of these loans, which are issued by a variety of companies across different industries.
The Highland/iBoxx Senior Loan ETF is designed to provide investors with exposure to the high-yield credit market while also offering the potential for income and diversification. The ETF may be suitable for investors who are seeking higher yields than those available from traditional fixed-income investments but who are also willing to accept higher risks.
As of 2021, the Highland/iBoxx Senior Loan ETF has an expense ratio of 0.55% and total assets under management of over $3 billion. The ETF is listed on the NYSE Arca exchange under the ticker symbol SNLN.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
The Highland/iBoxx Senior Loan ETF is designed to provide investors with exposure to the high-yield credit market while also offering the potential for income and diversification. The ETF may be suitable for investors who are seeking higher yields than those available from traditional fixed-income investments but who are also willing to accept higher risks.
As of 2021, the Highland/iBoxx Senior Loan ETF has an expense ratio of 0.55% and total assets under management of over $3 billion. The ETF is listed on the NYSE Arca exchange under the ticker symbol SNLN.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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