Seeking Alpha

SSgA cuts the expense ratio on its Senior Loan ETF

The SPDR Blackstone/GSO Senior Loan ETF (SRLN) dropped its management fee in a regulatory filing this morning, from 0.90% to 0.70%.

This cut leaves the First Trust Senior Loan ETF (FTSL) as the most expensive senior loan ETF on the market.

SRLN launched in April 2013 and none of the senior loan ETFs have seen positive returns in that time period.

Other senior bank loan ETFs: BKLN, SNLN

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