|Bid||17.73 x 1100|
|Ask||17.75 x 1400|
|Day's Range||17.73 - 17.75|
|52 Week Range||16.62 - 18.30|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||-0.25|
|Expense Ratio (net)||0.55%|
DALLAS, Nov. 29, 2018 /PRNewswire/ -- Highland Capital Management Fund Advisors, L.P. (together with its affiliates "Highland") is pleased to announce its support for a series of changes to the Markit iBoxx USD Liquid Leveraged Loans Index ("LLI" or the "Index") set forth by IHS Markit. The changes will impact the Highland/iBoxx Senior Loan ETF (SNLN), which seeks to track the investment results that correspond to LLI performance.
Due to their floating rate component, bank loans are seen as an attractive alternative to traditional high-yield corporate bonds in a rising rate environment. Bank loan securities allow their interest ...
Senior loans and the related ETFs can help fixed income weather storms created by rising interest rates while maintaining a solid income profile, but there are some liquidity concerns that go along with ...
Bloomberg's Eric Balchunas and Scarlet Fu break down the Highland/iBoxx Senior Loan ETF (ticker: SNLN) and discuss the fund, along with Taylor Ridgely, portfolio manager at Highland Capital Management. ...