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SPDR Blackstone/GSO Senior Loan ETF (SRLN)

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SRLN Description
The SPDR Blackstone / GSO Senior Loan ETF (the "Fund") seeks to provide current income consistent with the preservation of capital.  The Fund invests substantially all of its assets in the Blackstone / GSO Senior Loan Portfolio, a separate series of the SSgA Master Trust with an identical investment objective as the Fund.  As a result, the Fund invests indirectly through the Portfolio. In pursuing its investment objective, the Portfolio seeks to outperform the Markit iBoxx USD Leveraged Loan Index (the "Primary Index") and the S&P/LSTA U.S. Leveraged Loan 100 Index (the "Secondary Index") by normally investing at least 80% of its net assets (plus any borrowings for investment purposes) in Senior Loans. For purposes of this 80% test, "Senior Loans" are first lien senior secured floating rate bank loans.
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Country: United States
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