SRLN
SPDR Blackstone/GSO Senior Loan ETF  |  NYSEARCA
52wk high:47.65
52wk low:45.31
Expense Ratio:0.70%
Div Frequency:Monthly
Div Rate (ttm):1.87
Yield (ttm):3.93%
Assets (AUM):$1.25B
Volume:
  • Dec. 23, 2016, 2:24 PM
    • Bank loan funds (also known as senior loans or leveraged loans) have seen $5.6B of net inflows this year, with a nice chunk of that coming in the weeks since the election, writes Chris Dieterich at the WSJ.
    • It's no secret why: First, investors view bank loans as lower risk than junk bonds as they're ahead in the corporate structure in the event of a default. Maybe more importantly given the current environment, these loans are floating rate, making them popular in times of rising interest rates.
    • One measure of how popular they've become - narrowing discounts to NAV in closed-end funds. The Apollo Senior Floating Rate CEF (NYSE:AFT) could be had for a 15.1% discount to NAV in February, but just 5.1% today. Similar action is seen in others like the BlackRock Floating Rate Income Strategies Fund (NYSE:FRA) and the Nuveen Floating Rate Income Opportunity Fund (NYSE:JRO).
    • Related ETFs and CEFs: OXLC, BKLN, PPR, EFR, VVR, ECC, BGB, PHD, SRLN, NSL, BGX, FCT, BSL, AFT, EVF, SNLN, TSLF, FTSL, TLI, BHL
    Dec. 23, 2016, 2:24 PM | 11 Comments
  • Dec. 1, 2016, 11:59 AM
    • SPDR Barclays High Yield Bond ETF (NYSEARCA:JNK) - $0.1784. 30-Day Sec yield of 6.12%.
    • SPDR Barclays Long Term Corporate Bond ETF (NYSEARCA:LWC) - $0.1427. 30-Day Sec yield of 4.45%.
    • SPDR Barclays Mortgage Backed Bond ETF (NYSEARCA:MBG) - $0.0628. 30-Day Sec yield of 1.89%.
    • SPDR Barclays Short Term Corporate Bond ETF (NYSEARCA:SCPB) - $0.0440. 30-Day Sec yield of 1.72%.
    • SPDR Nuveen Barclays Short Term Municipal Bond ETF (NYSEARCA:SHM) - $0.0410. 30-Day Sec yield of 1.10%.
    • SPDR Barclays Short Term High Yield Bond ETF (NYSEARCA:SJNK) - $0.1351. 30-Day Sec yield of 5.97%.
    • SPDR Blackstone / GSO Senior Loan ETF (NYSEARCA:SRLN) - $0.1504. 30-Day Sec yield of 3.73%.
    • SPDR Barclays Short Term Treasury ETF (NYSEARCA:SST) - $0.0236. 30-Day Sec yield of 1.12%.
    • Payable Dec. 9; for shareholders of record Dec. 5; ex-div Dec. 1. 30-Day Sec yield as of 11/29/2016.
    Dec. 1, 2016, 11:59 AM
  • Nov. 1, 2016, 1:17 PM
    • SPDR Barclays High Yield Bond ETF (NYSEARCA:JNK) - $0.1855. 30-Day Sec yield of 5.69%.
    • SPDR Barclays Long Term Corporate Bond ETF (NYSEARCA:LWC) - $0.1392. 30-Day Sec yield of 4.03%.
    • SPDR Barclays Mortgage Backed Bond ETF (NYSEARCA:MBG) - $0.0540. 30-Day Sec yield of 1.55%.
    • SPDR Barclays Short Term Corporate Bond ETF (NYSEARCA:SCPB) - $0.0417. 30-Day Sec yield of 1.53%.
    • SPDR Nuveen Barclays Short Term Municipal Bond ETF (NYSEARCA:SHM) - $0.0363. 30-Day Sec yield of 0.86%.
    • SPDR Barclays Short Term High Yield Bond ETF (NYSEARCA:SJNK) - $0.1359. 30-Day Sec yield of 5.41%.
    • SPDR Blackstone / GSO Senior Loan ETF (NYSEARCA:SRLN) - $0.1508. 30-Day Sec yield of 3.67%.
    • Payable Nov. 9; for shareholders of record Nov. 3; ex-div Nov. 1. 30-Day Sec yield as of 10/28/2016.
    Nov. 1, 2016, 1:17 PM | 1 Comment
  • Oct. 3, 2016, 10:30 AM
    • SPDR Barclays Long Term Corporate Bond ETF (NYSEARCA:LWC) - $0.1419. 30-Day Sec yield of 3.92%.
    • SPDR Barclays Mortgage Backed Bond ETF (NYSEARCA:MBG) - $0.0660. 30-Day Sec yield of 1.79%.
    • SPDR Barclays Short Term Corporate Bond ETF (NYSEARCA:SCPB) - $0.0431. 30-Day Sec yield of 1.48%.
    • SPDR Nuveen Barclays Short Term Municipal Bond ETF (NYSEARCA:SHM) - $0.0411. 30-Day Sec yield of 0.55%.
    • SPDR Barclays Short Term High Yield Bond ETF (NYSEARCA:SJNK) - $0.1376. 30-Day Sec yield of 5.60%.
    • SPDR Blackstone / GSO Senior Loan ETF (NYSEARCA:SRLN) - $0.1594. 30-Day Sec yield of 3.98%.
    • SPDR Barclays Short Term Treasury ETF (NYSEARCA:SST) - $0.0229. 30-Day Sec yield of 0.83%.
    • SPDR Nuveen Barclays Municipal Bond ETF (NYSEARCA:TFI) - $0.0872. 30-Day Sec yield of 1.45%.
    • Payable Oct. 11; for shareholders of record Oct. 5; ex-div Oct. 3. 30-Day Sec yield as of 9/29/2016.
    Oct. 3, 2016, 10:30 AM
  • Sep. 1, 2016, 10:41 AM
    • SPDR Barclays Mortgage Backed Bond ETF (NYSEARCA:MBG) - $0.0685. 30-Day Sec yield of 2.02%.
    • SPDR Barclays Short Term Corporate Bond ETF (NYSEARCA:SCPB) - $0.0418. 30-Day Sec yield of 1.43%.
    • SPDR Nuveen Barclays Short Term Municipal Bond ETF (NYSEARCA:SHM) - $0.0366. 30-Day Sec yield of 0.55%.
    • SPDR Barclays Short Term High Yield Bond ETF (NYSEARCA:SJNK) - $0.1411. 30-Day Sec yield of 5.71%.
    • SPDR Blackstone / GSO Senior Loan ETF (NYSEARCA:SRLN) - $0.1731. 30-Day Sec yield of 3.91%.
    • SPDR Barclays Short Term Treasury ETF (NYSEARCA:SST) - $0.0233. 30-Day Sec yield of 0.78%.
    • SPDR Nuveen Barclays Municipal Bond ETF (NYSEARCA:TFI) - $0.0851. 30-Day Sec yield of 1.34%.
    • SPDR Barclays Long Term Treasury ETF (NYSEARCA:TLO) - $0.1447. 30-Day Sec yield of 2.04%.
    • SPDR Barclays Aggregate Bond ETF (NYSEARCA:BNDS) - $0.1260. 30-Day Sec yield of 1.93%.
    • Payable Sept. 12; for shareholders of record Sept. 6; ex-div Sept. 1. 30-Day Sec yield as of 8/30/2016.
    Sep. 1, 2016, 10:41 AM
  • Aug. 1, 2016, 3:15 PM
    • SPDR Barclays Long Term Corporate Bond ETF (NYSEARCA:LWC) - $0.1437. 30-Day Sec yield of 3.96%.
    • SPDR Barclays Mortgage Backed Bond ETF (NYSEARCA:MBG) - $0.0668. 30-Day Sec yield of 2.00%.
    • SPDR Barclays Short Term Corporate Bond ETF (NYSEARCA:SCPB) - $0.0418. 30-Day Sec yield of 1.40%.
    • SPDR Nuveen Barclays Short Term Municipal Bond ETF (NYSEARCA:SHM) - $0.0368. 30-Day Sec yield of 0.59%.
    • SPDR Barclays Short Term High Yield Bond ETF (NYSEARCA:SJNK) - $0.1376. 30-Day Sec yield of 5.88%.
    • SPDR Blackstone / GSO Senior Loan ETF (NYSEARCA:SRLN) - $0.1459. 30-Day Sec yield of 3.84%.
    • SPDR Barclays Short Term Treasury ETF (NYSEARCA:SST) - $0.0244. 30-Day Sec yield of 0.71%.
    • All are payable Aug. 9; for shareholders of record Aug. 3; ex-div Aug. 1. 30-Day Sec yield as of 7/29/2016.
    Aug. 1, 2016, 3:15 PM
  • Jul. 1, 2016, 1:29 PM
    • SPDR Blackstone / GSO Senior Loan ETF (NYSEARCA:SRLN) - $0.1657. 30-Day Sec yield of 3.90%.
    • SPDR Barclays Short Term Treasury ETF (NYSEARCA:SST) - $0.0241. 30-Day Sec yield of 0.77%.
    • SPDR Nuveen Barclays Municipal Bond ETF (NYSEARCA:TFI) - $0.0890. 30-Day Sec yield of 1.42%.
    • SPDR Barclays Long Term Treasury ETF (NYSEARCA:TLO) - $0.1460. 30-Day Sec yield of 2.15%.
    • SPDR Barclays Aggregate Bond ETF (NYSEARCA:BNDS) - $0.1238. 30-Day Sec yield of 1.99%.
    • SPDR DoubleLine Total Return Tactical ETF (NYSEARCA:TOTL) - $0.1329. 30-Day Sec yield of 3.33%.
    • SPDR SSGA Ultra Short Term Bond ETF (NYSEARCA:ULST) - $0.0252. 30-Day Sec yield of 0.79%.
    • SPDR Barclays TIPS ETF (NYSEARCA:IPE) - $0.2000. 30-Day Sec yield of 0.05%.
    • All are payable July 12; for shareholders of record July 6; ex-div July 1. 30-Day Sec yield as of 6/29/2016.
    Jul. 1, 2016, 1:29 PM
  • Jun. 1, 2016, 1:18 PM
    Jun. 1, 2016, 1:18 PM
  • May 2, 2016, 2:42 PM
    May 2, 2016, 2:42 PM
  • Apr. 14, 2016, 2:55 PM
    • "Our fundamental outlook for leveraged credit remains constructive," says Global CIO Scott Minerd, noting spreads of more than 900 basis points in February are consistent with six-month default rates in the 9-10% range - an overestimation in his view.
    • Though spreads have narrowed since, Guggenheim is still finding bargains in both high-yield (HYG, JNK) and bank loans, and Minerd reminds bank loan borrowers in particular could benefit from the Fed's caution on rate hikes (bank loans tend to be floating rate).
    • Guggenheim's Floating Rate Strategies Fund (MUTF:GIFAX) is near the top of bank loan funds, with an average annual return of 2.84% over the last three years.
    • Bank loan ETFs: OXLC, BKLN, PPR, EFR, VVR, ECC, BGB, PHD, SRLN, NSL, BGX, FCT, BSL, AFT, EVF, SNLN, TSLF, FTSL, TLI, BHL
    Apr. 14, 2016, 2:55 PM | 9 Comments
  • Apr. 1, 2016, 12:31 PM
    Apr. 1, 2016, 12:31 PM
  • Mar. 2, 2016, 8:23 AM
    • The average bid of LCD News' flow-name loan composite has surged 82 basis points over the few sessions to 96.49% of par. Of the 15 names in the sample, 13 advanced, none declined, and two were unchanged.
    • By far the biggest mover was Scientific Games B-2 term loan due in 2021, which was a bid a full five points higher after better-than-expected Q4 results.
    • ETFs: OXLC, BKLN, PPR, EFR, VVR, PHD, SRLN, BGB, NSL, ECC, BGX, FCT, SNLN, EVF, AFT, BSL, TSLF, FTSL, TLI, BHL
    Mar. 2, 2016, 8:23 AM | 8 Comments
  • Mar. 1, 2016, 2:02 PM
    • SPDR Blackstone / GSO Senior Loan ETF (NYSEARCA:SRLN) announces monthly distribution of $0.170.
    • 30-Day Sec yield of 4.18% (as of 2/26/2016).
    • Payable Mar. 9; for shareholders of record Mar. 3; ex-div Mar. 1.
    Mar. 1, 2016, 2:02 PM
  • Feb. 1, 2016, 3:50 PM
    • SPDR Blackstone / GSO Senior Loan ETF (NYSEARCA:SRLN) announces monthly distribution of $0.1475.
    • 30-Day Sec yield of 4.15% (as of 1/28/2016).
    • Payable Feb. 9; for shareholders of record Feb. 3; ex-div Feb. 1.
    Feb. 1, 2016, 3:50 PM
  • Dec. 29, 2015, 2:11 PM
    • SPDR Blackstone / GSO Senior Loan ETF (NYSEARCA:SRLN) announces monthly distribution of $0.155.
    • 30-Day Sec yield of 4.08% (as of 12/28/2015).
    • Payable Jan. 7; for shareholders of record Dec. 31; ex-div Dec. 29.
    Dec. 29, 2015, 2:11 PM
  • Dec. 18, 2015, 8:27 AM
    Dec. 18, 2015, 8:27 AM | 18 Comments