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About SPDR Blackstone Senior Loan ETF
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Inception date
Apr 3, 2013
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
SSgA Funds Management, Inc.
Distributor
State Street Corp. (Fund Distributor)
SRLN's actively managed approach to the senior loan ETF space has been well received by investors. The fund has amassed a strong asset base since launch. SRLN aims to outperform the indexes underlying two competing ETFs, SNLN and BKLN, citing two possible means. First, it tries to anticipate which credits will be added and dropped from the indexes, buying and selling accordingly. Second, it isn't constrained to US firms. By design, SRLN allocates overwhelmingly to floating rate, below-investment-grade loans per issuer State Street Global Advisors. SRLN trades well with small spreads, though larger investors looking to trade blocks will have to work harder with market makers for good executions as the underlying senior loan market is generally less liquid. It charges a reasonable fee for the active management space, and with no underlying index, tracking isn't a concern.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Loans
Bonds, Cash & Other100.00%
Loans83.62%
Corporate8.74%
Miscellaneous4.66%
Cash1.58%
Mutual fund1.40%
Stock breakdown by region
North America95.06%
Europe2.42%
Asia1.43%
Oceania1.10%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SRLN last dividends amounted to 0.26 USD. The month before, the issuer paid 0.25 USD in dividends, which shows a 1.92% increase.
SRLN assets under management is 6.71 B USD. It's risen 3.58% over the last month.
SRLN fund flows account for 321.62 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, SRLN pays dividends to its holders with the dividend yield of 8.19%. The last dividend (Jun 5, 2025) amounted to 0.26 USD. The dividends are paid monthly.
SRLN shares are issued by State Street Corp. under the brand SPDR. The ETF was launched on Apr 3, 2013, and its management style is Active.
SRLN expense ratio is 0.70% meaning you'd have to pay 0.70% of your investment to help manage the fund.
SRLN follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SRLN invests in bonds.
SRLN price has risen by 1.04% over the last month, and its yearly performance shows a −1.53% decrease. See more dynamics on SRLN price chart.
NAV returns, another gauge of an ETF dynamics, showed a 1.48% increase in three-month performance and has increased by 6.85% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 1.48% increase in three-month performance and has increased by 6.85% in a year.
SRLN trades at a premium (0.16%) meaning the ETF is trading at a higher price than the calculated NAV.