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DOW   37,983.24
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Divisive? Not for moviegoers. ‘Civil War’ declares victory at box office.
Israel is quiet on next steps against Iran -- and on which partners helped shoot down missiles
Can homeless people be fined for sleeping outside? A rural Oregon city asks the US Supreme Court
Germany's Scholz arrives in China on a visit marked by trade tensions and Ukraine conflict
India's Modi vows to boost social spending, make country into a manufacturing hub ahead of election
Olympic track uniforms spark online debate about who designed them and why they're so skimpy
Native American-led nonprofit says it bought 40 acres in the Black Hills of South Dakota
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Divisive? Not for moviegoers. ‘Civil War’ declares victory at box office.
Israel is quiet on next steps against Iran -- and on which partners helped shoot down missiles
Can homeless people be fined for sleeping outside? A rural Oregon city asks the US Supreme Court
Germany's Scholz arrives in China on a visit marked by trade tensions and Ukraine conflict
India's Modi vows to boost social spending, make country into a manufacturing hub ahead of election
Olympic track uniforms spark online debate about who designed them and why they're so skimpy
Native American-led nonprofit says it bought 40 acres in the Black Hills of South Dakota
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Divisive? Not for moviegoers. ‘Civil War’ declares victory at box office.
Israel is quiet on next steps against Iran -- and on which partners helped shoot down missiles
Can homeless people be fined for sleeping outside? A rural Oregon city asks the US Supreme Court
Germany's Scholz arrives in China on a visit marked by trade tensions and Ukraine conflict
India's Modi vows to boost social spending, make country into a manufacturing hub ahead of election
Olympic track uniforms spark online debate about who designed them and why they're so skimpy
Native American-led nonprofit says it bought 40 acres in the Black Hills of South Dakota
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Divisive? Not for moviegoers. ‘Civil War’ declares victory at box office.
Israel is quiet on next steps against Iran -- and on which partners helped shoot down missiles
Can homeless people be fined for sleeping outside? A rural Oregon city asks the US Supreme Court
Germany's Scholz arrives in China on a visit marked by trade tensions and Ukraine conflict
India's Modi vows to boost social spending, make country into a manufacturing hub ahead of election
Olympic track uniforms spark online debate about who designed them and why they're so skimpy
Native American-led nonprofit says it bought 40 acres in the Black Hills of South Dakota
NASDAQ:SNLN

Highland/iBoxx Senior Loan ETF (SNLN) Price, Holdings, & News

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$14.40
$14.62
50-Day Range
$14.49
$14.66
52-Week Range
$14.36
$15.01
Volume
2,428 shs
Average Volume
7,586 shs
Market Capitalization
$30.70 million
Assets Under Management
$30.66 million
Dividend Yield
7.87%
Net Expense Ratio
0.56%
SNLN stock logo

About Highland/iBoxx Senior Loan ETF (NASDAQ:SNLN)

The Highland\u002FiBoxx Senior Loan ETF (SNLN) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index comprised of 100 senior loans with at least one year remaining in maturity. Loans are selected by liquidity and weighted by market value. SNLN was launched on Nov 8, 2012 and is managed by Highland.

SNLN ETF News Headlines

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See More Headlines
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Fund Details

Issuer
Highland Capital Management
Fund Name
Highland/iBoxx Senior Loan ETF
Tax Classification
Regulated Investment Company
Current Symbol
NASDAQ:SNLN
Inception Date
11/6/2012
Fund Manager
Matt Pearson
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Fixed Income
Benchmark
Markit iBoxx USD Liquid Leveraged Loan Index
Category
Corporate
Focus
Loans
Development Level
Developed Markets
Region
North America
Number of Holdings
2

Fund Statistics

Assets Under Management
$30.66 million
Average Daily Volume
$2,229.70
Discount/Premium
0.01%

Administrator, Advisor and Custodian

Administrator
SEI Investments Global Funds Services
Advisor
NexPoint Asset Management, L.P.
Custodian
The Bank of New York Mellon Corporation
Distributor
SEI Investments Distribution Co.
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
Virtu Financial

Options

Optionable
N/A
Short Interest
120,100 shs

Miscellaneous

Beta
0.21
Creation Unit
100,000
Creation Fee
$500.00
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Highland/iBoxx Senior Loan ETF Expenses

TypeSNLNLoans ETFsFixed Income ETFsNASDAQ ETFsAll ETFs
Management Fee0.45%0.60%0.32%0.48%0.51%
Other Expenses0.31%0.05%0.26%0.34%0.58%
Total Expense0.76%0.61%0.39%0.58%0.70%
Fee Waiver-0.20%-0.12%-0.24%-0.22%-0.57%
Net Expense0.56%0.57%0.35%0.54%0.58%

Highland/iBoxx Senior Loan ETF (SNLN) Holdings

Top 10 SNLN Holdings

  • Dreyfus Treasury Obligations Csh Mgt Ins
    Holding Weight: 37.24%
  • Grifols Worldwid Tl 1l B
    Holding Weight: 7.94%
  • Prime Security Services
    Holding Weight: 7.92%
  • Charter Comm Op 10/19 Tl
    Holding Weight: 7.88%
  • American Airlines Inc.
    Holding Weight: 7.84%
  • Electron Bidco Inc
    Holding Weight: 7.33%
  • Parexel International
    Holding Weight: 3.89%
  • Oryx Midstream Services P
    Holding Weight: 3.76%
  • Open Text Corporation
    Holding Weight: 3.75%
  • Irb Holding Corporation
    Holding Weight: 3.74%

SNLN ETF - Frequently Asked Questions

How often does Highland/iBoxx Senior Loan ETF pay dividends? What is the dividend yield for Highland/iBoxx Senior Loan ETF?

Highland/iBoxx Senior Loan ETF announced a monthly dividend on Monday, August 28th. Stockholders of record on Wednesday, August 30th will be paid a dividend of $0.0637 per share on Thursday, August 31st. This represents a $0.76 dividend on an annualized basis and a dividend yield of 5.23%. The ex-dividend date is Tuesday, August 29th.
Read our dividend analysis for SNLN
.

What does SNLN invest in?

Highland/iBoxx Senior Loan ETF is a fixed income fund issued by Highland Capital Management. SNLN focuses on loans investments and follows the Markit iBoxx USD Liquid Leveraged Loan Index. The fund's investments total to approximately $30.66 million assets under management.

What is the management fee for Highland/iBoxx Senior Loan ETF?

Highland/iBoxx Senior Loan ETF's management fee is 0.45% and has other expenses of 0.31%. However, SNLN has a fee waiver of -0.20% to reimburse the expenses. The net expense ratio for SNLN is 0.56%.

What other stocks do shareholders of Highland/iBoxx Senior Loan ETF own?
This page (NASDAQ:SNLN) was last updated on 4/14/2024 by MarketBeat.com Staff

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