SPDR Blackstone Senior Loan ETF
Name
As of 04/16/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.7%
1 yr return
9.9%
3 Yr Avg Return
3.4%
5 Yr Avg Return
3.8%
Net Assets
$5.63 B
Holdings in Top 10
21.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.70%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 176.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 04/16/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
SRLN - Profile
Distributions
- YTD Total Return 1.7%
- 3 Yr Annualized Total Return 3.4%
- 5 Yr Annualized Total Return 3.8%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 4.31%
- Dividend Yield 8.5%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameSPDR Blackstone Senior Loan ETF
-
Fund Family NameState Street Global Advisors - advised funds
-
Inception DateApr 03, 2013
-
Shares Outstanding221050000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerGordon McKemie
Fund Description
SRLN - Performance
Return Ranking - Trailing
Period | SRLN Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.7% | -1.4% | 4.8% | 82.13% |
1 Yr | 9.9% | -6.1% | 19.6% | 60.08% |
3 Yr | 3.4%* | -5.8% | 7.3% | 75.60% |
5 Yr | 3.8%* | -7.2% | 37.3% | 44.44% |
10 Yr | 3.4%* | -2.0% | 19.3% | 50.28% |
* Annualized
Return Ranking - Calendar
Period | SRLN Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.5% | -12.0% | 17.3% | 73.76% |
2022 | -10.4% | -22.9% | 5.1% | 85.94% |
2021 | 0.0% | -12.2% | 12.0% | 93.60% |
2020 | -2.0% | -14.1% | 289.8% | 32.64% |
2019 | 4.2% | -8.1% | 14.6% | 5.63% |
Total Return Ranking - Trailing
Period | SRLN Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.7% | -1.4% | 4.8% | 82.13% |
1 Yr | 9.9% | -6.1% | 19.6% | 60.08% |
3 Yr | 3.4%* | -5.8% | 7.3% | 75.60% |
5 Yr | 3.8%* | -7.2% | 37.3% | 44.44% |
10 Yr | 3.4%* | -2.0% | 19.3% | 50.28% |
* Annualized
Total Return Ranking - Calendar
Period | SRLN Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 11.6% | -12.0% | 30.3% | 70.34% |
2022 | -5.3% | -22.9% | 5.1% | 85.16% |
2021 | 4.5% | -10.2% | 19.4% | 60.40% |
2020 | 3.1% | -14.1% | 306.9% | 15.48% |
2019 | 10.0% | -3.6% | 23.8% | 2.16% |
SRLN - Holdings
Concentration Analysis
SRLN | Category Low | Category High | SRLN % Rank | |
---|---|---|---|---|
Net Assets | 5.63 B | 29.9 M | 13.5 B | 6.34% |
Number of Holdings | 586 | 2 | 1605 | 11.03% |
Net Assets in Top 10 | 1.13 B | -191 M | 2.48 B | 4.41% |
Weighting of Top 10 | 21.86% | 5.2% | 100.8% | 25.09% |
Top 10 Holdings
- State Street Institutional US Government Money Market Fund 7.52%
- BARCLAYS CAPITAL REPO 1.93%
- Peraton Corp. Term Loan B 1.77%
- Medline Borrower, LP USD Term Loan B 1.68%
- Athenahealth Group Inc 2022 Term Loan B 1.68%
- 1011778 B.C. Unlimited Liability Company 2023 Term Loan B5 1.59%
- Cloud Software Group Inc 2022 USD Term Loan B 1.54%
- McAfee, LLC 2022 USD Term Loan B 1.53%
- HUB International Limited 2023 Term Loan B 1.32%
- Allied Universal Holdco LLC 2021 USD Incremental Term Loan B 1.29%
Asset Allocation
Weighting | Return Low | Return High | SRLN % Rank | |
---|---|---|---|---|
Bonds | 97.58% | 0.00% | 161.82% | 18.75% |
Cash | 7.52% | -61.90% | 18.85% | 23.90% |
Other | 1.93% | -52.39% | 26.58% | 12.87% |
Stocks | 0.44% | 0.00% | 100.78% | 64.71% |
Preferred Stocks | 0.00% | -3.99% | 6.42% | 84.56% |
Convertible Bonds | 0.00% | 0.00% | 5.51% | 86.67% |
Stock Sector Breakdown
Weighting | Return Low | Return High | SRLN % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 100.00% | N/A |
Technology | 0.00% | 0.00% | 100.00% | N/A |
Real Estate | 0.00% | 0.00% | 48.61% | N/A |
Industrials | 0.00% | 0.00% | 100.00% | N/A |
Healthcare | 0.00% | 0.00% | 100.00% | N/A |
Financial Services | 0.00% | 0.00% | 89.61% | N/A |
Energy | 0.00% | 0.00% | 100.00% | N/A |
Communication Services | 0.00% | 0.00% | 100.00% | N/A |
Consumer Defense | 0.00% | 0.00% | 100.00% | N/A |
Consumer Cyclical | 0.00% | 0.00% | 97.66% | N/A |
Basic Materials | 0.00% | 0.00% | 1.36% | N/A |
Stock Geographic Breakdown
Weighting | Return Low | Return High | SRLN % Rank | |
---|---|---|---|---|
US | 0.44% | -0.01% | 100.78% | 62.50% |
Non US | 0.00% | 0.00% | 0.68% | 79.41% |
Bond Sector Breakdown
Weighting | Return Low | Return High | SRLN % Rank | |
---|---|---|---|---|
Corporate | 90.06% | 0.00% | 141.23% | 47.41% |
Cash & Equivalents | 7.52% | 0.00% | 25.03% | 22.43% |
Government | 1.30% | 0.00% | 3.18% | 3.33% |
Derivative | 0.00% | -8.79% | 1.12% | 75.00% |
Securitized | 0.00% | 0.00% | 91.68% | 88.15% |
Municipal | 0.00% | 0.00% | 0.47% | 77.04% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | SRLN % Rank | |
---|---|---|---|---|
US | 97.58% | 0.00% | 144.71% | 10.66% |
Non US | 0.00% | 0.00% | 63.23% | 87.87% |
SRLN - Expenses
Operational Fees
SRLN Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.70% | 0.03% | 12.26% | 91.97% |
Management Fee | 0.70% | 0.00% | 1.89% | 77.42% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.02% | 0.27% | N/A |
Sales Fees
SRLN Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
SRLN Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
SRLN Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 176.00% | 4.00% | 180.00% | 98.83% |
SRLN - Distributions
Dividend Yield Analysis
SRLN | Category Low | Category High | SRLN % Rank | |
---|---|---|---|---|
Dividend Yield | 8.47% | 0.00% | 11.08% | 28.21% |
Dividend Distribution Analysis
SRLN | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
SRLN | Category Low | Category High | SRLN % Rank | |
---|---|---|---|---|
Net Income Ratio | 4.31% | 1.77% | 9.82% | 17.98% |
Capital Gain Distribution Analysis
SRLN | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 05, 2024 | $0.307 | OrdinaryDividend |
Mar 07, 2024 | $0.294 | OrdinaryDividend |
Feb 07, 2024 | $0.320 | OrdinaryDividend |
Dec 22, 2023 | $0.330 | OrdinaryDividend |
Dec 07, 2023 | $0.320 | OrdinaryDividend |
Nov 07, 2023 | $0.320 | OrdinaryDividend |
Oct 06, 2023 | $0.320 | OrdinaryDividend |
Sep 08, 2023 | $0.330 | OrdinaryDividend |
Aug 07, 2023 | $0.290 | OrdinaryDividend |
Jul 10, 2023 | $0.290 | OrdinaryDividend |
Jun 07, 2023 | $0.290 | OrdinaryDividend |
May 05, 2023 | $0.280 | OrdinaryDividend |
Apr 10, 2023 | $0.270 | OrdinaryDividend |
Mar 07, 2023 | $0.250 | OrdinaryDividend |
Feb 07, 2023 | $0.250 | OrdinaryDividend |
Dec 23, 2022 | $0.240 | OrdinaryDividend |
Dec 07, 2022 | $0.240 | OrdinaryDividend |
Nov 07, 2022 | $0.240 | OrdinaryDividend |
Oct 07, 2022 | $0.220 | OrdinaryDividend |
Sep 08, 2022 | $0.200 | OrdinaryDividend |
Aug 05, 2022 | $0.180 | OrdinaryDividend |
Jul 08, 2022 | $0.170 | OrdinaryDividend |
Jun 07, 2022 | $0.170 | OrdinaryDividend |
May 06, 2022 | $0.170 | OrdinaryDividend |
Apr 07, 2022 | $0.170 | OrdinaryDividend |
Mar 07, 2022 | $0.170 | OrdinaryDividend |
Feb 07, 2022 | $0.170 | OrdinaryDividend |
Dec 23, 2021 | $0.170 | OrdinaryDividend |
Dec 07, 2021 | $0.170 | OrdinaryDividend |
Nov 05, 2021 | $0.170 | OrdinaryDividend |
Oct 07, 2021 | $0.170 | OrdinaryDividend |
Sep 08, 2021 | $0.170 | OrdinaryDividend |
Aug 06, 2021 | $0.170 | OrdinaryDividend |
Jul 08, 2021 | $0.170 | OrdinaryDividend |
Jun 07, 2021 | $0.170 | OrdinaryDividend |
May 07, 2021 | $0.170 | OrdinaryDividend |
Apr 08, 2021 | $0.170 | OrdinaryDividend |
Mar 05, 2021 | $0.160 | OrdinaryDividend |
Feb 05, 2021 | $0.170 | OrdinaryDividend |
Dec 24, 2020 | $0.160 | OrdinaryDividend |
Dec 07, 2020 | $0.180 | OrdinaryDividend |
Nov 06, 2020 | $0.190 | OrdinaryDividend |
Oct 07, 2020 | $0.190 | OrdinaryDividend |
Sep 08, 2020 | $0.200 | OrdinaryDividend |
Aug 07, 2020 | $0.190 | OrdinaryDividend |
Jul 07, 2020 | $0.190 | OrdinaryDividend |
Jun 05, 2020 | $0.190 | OrdinaryDividend |
May 07, 2020 | $0.170 | OrdinaryDividend |
Apr 07, 2020 | $0.190 | OrdinaryDividend |
Mar 06, 2020 | $0.190 | OrdinaryDividend |
Feb 07, 2020 | $0.200 | OrdinaryDividend |
Dec 27, 2019 | $0.170 | OrdinaryDividend |
Dec 06, 2019 | $0.170 | OrdinaryDividend |
Nov 07, 2019 | $0.190 | OrdinaryDividend |
Oct 07, 2019 | $0.220 | OrdinaryDividend |
Sep 09, 2019 | $0.220 | OrdinaryDividend |
Aug 07, 2019 | $0.220 | OrdinaryDividend |
Jul 08, 2019 | $0.220 | OrdinaryDividend |
Jun 07, 2019 | $0.220 | OrdinaryDividend |
May 07, 2019 | $0.220 | OrdinaryDividend |
Apr 05, 2019 | $0.220 | OrdinaryDividend |
Mar 07, 2019 | $0.220 | OrdinaryDividend |
Feb 07, 2019 | $0.220 | OrdinaryDividend |
Dec 26, 2018 | $0.210 | OrdinaryDividend |
Dec 07, 2018 | $0.200 | OrdinaryDividend |
Nov 07, 2018 | $0.200 | OrdinaryDividend |
Oct 05, 2018 | $0.190 | OrdinaryDividend |
Sep 10, 2018 | $0.190 | OrdinaryDividend |
Aug 07, 2018 | $0.190 | OrdinaryDividend |
Jul 09, 2018 | $0.190 | OrdinaryDividend |
Jun 07, 2018 | $0.185 | OrdinaryDividend |
May 07, 2018 | $0.175 | OrdinaryDividend |
Apr 06, 2018 | $0.165 | OrdinaryDividend |
Mar 07, 2018 | $0.165 | OrdinaryDividend |
Feb 07, 2018 | $0.165 | OrdinaryDividend |
Dec 28, 2017 | $0.160 | OrdinaryDividend |
Dec 11, 2017 | $0.160 | OrdinaryDividend |
Nov 09, 2017 | $0.160 | OrdinaryDividend |
Oct 10, 2017 | $0.160 | OrdinaryDividend |
Sep 12, 2017 | $0.160 | OrdinaryDividend |
Aug 09, 2017 | $0.160 | OrdinaryDividend |
Jul 12, 2017 | $0.155 | OrdinaryDividend |
Jun 09, 2017 | $0.155 | OrdinaryDividend |
May 09, 2017 | $0.155 | OrdinaryDividend |
Apr 11, 2017 | $0.155 | OrdinaryDividend |
Mar 09, 2017 | $0.155 | OrdinaryDividend |
Feb 09, 2017 | $0.155 | OrdinaryDividend |
Jan 06, 2017 | $0.163 | OrdinaryDividend |
Dec 09, 2016 | $0.150 | OrdinaryDividend |
Nov 09, 2016 | $0.151 | OrdinaryDividend |
Oct 11, 2016 | $0.159 | OrdinaryDividend |
Sep 12, 2016 | $0.173 | OrdinaryDividend |
Aug 09, 2016 | $0.146 | OrdinaryDividend |
Jul 12, 2016 | $0.166 | OrdinaryDividend |
Jun 09, 2016 | $0.162 | OrdinaryDividend |
May 10, 2016 | $0.146 | OrdinaryDividend |
Apr 11, 2016 | $0.137 | OrdinaryDividend |
Mar 09, 2016 | $0.170 | OrdinaryDividend |
Feb 09, 2016 | $0.148 | OrdinaryDividend |
Jan 07, 2016 | $0.155 | OrdinaryDividend |
Dec 09, 2015 | $0.163 | OrdinaryDividend |
Nov 10, 2015 | $0.172 | OrdinaryDividend |
Oct 09, 2015 | $0.177 | OrdinaryDividend |
Sep 10, 2015 | $0.189 | OrdinaryDividend |
Aug 11, 2015 | $0.177 | OrdinaryDividend |
Jul 10, 2015 | $0.198 | OrdinaryDividend |
Jun 09, 2015 | $0.168 | OrdinaryDividend |
May 11, 2015 | $0.157 | OrdinaryDividend |
Apr 10, 2015 | $0.172 | OrdinaryDividend |
Mar 10, 2015 | $0.156 | OrdinaryDividend |
Feb 10, 2015 | $0.158 | OrdinaryDividend |
Jan 07, 2015 | $0.192 | OrdinaryDividend |
Dec 09, 2014 | $0.155 | OrdinaryDividend |
Nov 12, 2014 | $0.167 | OrdinaryDividend |
Oct 09, 2014 | $0.170 | OrdinaryDividend |
Sep 10, 2014 | $0.169 | OrdinaryDividend |
Aug 11, 2014 | $0.150 | OrdinaryDividend |
Jul 10, 2014 | $0.148 | OrdinaryDividend |
Jun 10, 2014 | $0.141 | OrdinaryDividend |
May 09, 2014 | $0.138 | OrdinaryDividend |
Apr 09, 2014 | $0.127 | OrdinaryDividend |
Mar 11, 2014 | $0.110 | OrdinaryDividend |
Feb 11, 2014 | $0.116 | OrdinaryDividend |
Jan 07, 2014 | $0.135 | OrdinaryDividend |
Dec 10, 2013 | $0.121 | OrdinaryDividend |
Nov 12, 2013 | $0.143 | OrdinaryDividend |
Oct 09, 2013 | $0.123 | OrdinaryDividend |
Sep 11, 2013 | $0.109 | OrdinaryDividend |
Aug 09, 2013 | $0.128 | OrdinaryDividend |
Jul 10, 2013 | $0.089 | OrdinaryDividend |
Jun 11, 2013 | $0.102 | OrdinaryDividend |
May 09, 2013 | $0.003 | OrdinaryDividend |
SRLN - Fund Manager Analysis
Managers
Gordon McKemie
Start Date
Tenure
Tenure Rank
May 14, 2015
7.05
7.1%
Gordon McKemie is a Principal of The Blackstone Group L.P. and a portfolio manager for CCS. Mr. McKemie is also responsible for the evaluation and ongoing analysis of primary and secondary fixed income investments across multiple industries. Prior to joining GSO, Mr. McKemie was an Associate in Leveraged Finance at Citigroup and an Assistant Vice President in high yield research at Barclays Capital. He began his career at Lehman Brothers. Mr. McKemie received a B.B.A. from Goizueta Business School at Emory University. Mr. McKemie has earned the right to use the Chartered Financial Analyst designation.
Daniel McMullen
Start Date
Tenure
Tenure Rank
Sep 28, 2015
6.68
6.7%
Daniel T. McMullen is a Senior Managing Director and Senior Portfolio Manager with GSO Capital Partners LP (“GSO”), and serves as lead Portfolio Manager of the Portfolio. Since joining Blackstone in 2002, Mr. McMullen's responsibilities have included the coordination of the group's capital markets activities for broadly distributed transactions. Mr. McMullen serves as the group's senior representative for a number of financial intermediaries. Before joining Blackstone, Mr. McMullen worked at CIBC World Markets, most recently as a Director and Senior Investment Analyst for the structured investment vehicles managed by Trimaran Advisors, L. L. C. Prior to that, Mr. McMullen was a Director in the Investment Banking Group at CIBC, specializing in the aerospace and defense industries. Before joining CIBC in 1996, Mr. McMullen was employed at The Chase Manhattan Bank where he worked in the Corporate Finance Healthcare Group. Mr. McMullen has earned the right to use the Chartered Financial Analyst designation and received a BA from the University of Rochester where he graduated cum laude.
Bonnie Brookshaw
Start Date
Tenure
Tenure Rank
Oct 31, 2021
0.58
0.6%
Bonnie Brookshaw is a Managing Director and a Portfolio Manager for Blackstone Credit's U.S. loan separately managed accounts, commingled funds and exchange-traded funds. Previously, Ms. Brookshaw was responsible for the management and implementation of the day-to-day investment strategy for the U.S. CLOs. Prior to joining Blackstone in 2002, Ms. Brookshaw worked at CIBC World Markets and was responsible for the transaction logistics and settlement functions for the structured investment vehicles managed by Trimaran Advisors, L.L.C. Ms. Brookshaw received a B.A. from the State University of New York at Oswego.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 21.18 | 6.0 | 3.25 |