S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Enterprise Products: 7.33% Yield and 26-Years of Dividend Growth
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52-week Low Names To Tip The Upside Scale In Your Favor
Seagen, Activision Blizzard rise; Scholastic, Intel fall, Friday, 9/22/2023
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Enterprise Products: 7.33% Yield and 26-Years of Dividend Growth
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
A Tech Stock You've Never Heard Of Just Hit The Rally Button
Challenges Hit Broadcom Stock, But Analysts See EPS Growth
His system isolated NVIDIA - Here's His Next Buy. (Ad)
Is New IPO Instacart Already Hitting Speed Bumps?
Prospect Capital Corporation: A Gold Nugget or Value Trap?
His system isolated NVIDIA - Here's His Next Buy. (Ad)
52-week Low Names To Tip The Upside Scale In Your Favor
Seagen, Activision Blizzard rise; Scholastic, Intel fall, Friday, 9/22/2023
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Enterprise Products: 7.33% Yield and 26-Years of Dividend Growth
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
A Tech Stock You've Never Heard Of Just Hit The Rally Button
Challenges Hit Broadcom Stock, But Analysts See EPS Growth
His system isolated NVIDIA - Here's His Next Buy. (Ad)
Is New IPO Instacart Already Hitting Speed Bumps?
Prospect Capital Corporation: A Gold Nugget or Value Trap?
His system isolated NVIDIA - Here's His Next Buy. (Ad)
52-week Low Names To Tip The Upside Scale In Your Favor
Seagen, Activision Blizzard rise; Scholastic, Intel fall, Friday, 9/22/2023
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Enterprise Products: 7.33% Yield and 26-Years of Dividend Growth
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
A Tech Stock You've Never Heard Of Just Hit The Rally Button
Challenges Hit Broadcom Stock, But Analysts See EPS Growth
His system isolated NVIDIA - Here's His Next Buy. (Ad)
Is New IPO Instacart Already Hitting Speed Bumps?
Prospect Capital Corporation: A Gold Nugget or Value Trap?
His system isolated NVIDIA - Here's His Next Buy. (Ad)
52-week Low Names To Tip The Upside Scale In Your Favor
Seagen, Activision Blizzard rise; Scholastic, Intel fall, Friday, 9/22/2023
NASDAQ:SNLN

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

$14.62
+0.10 (+0.69%)
(As of 09/15/2023)
Today's Range
$14.40
▼
$14.62
50-Day Range
$14.49
▼
$14.73
52-Week Range
$14.36
▼
$15.01
Volume
2,400 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%
ProfileChartDividendHeadlinesHoldingsOptions ChainShort InterestSocial Media
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 Price History

SNLN ETF News Headlines

August 22, 2023 | finance.yahoo.com
Time to Buy Senior Loan ETFs as Rates Hit a 16-Year High?
May 5, 2023 | theglobeandmail.com
Closing Bell: First Trust Senior Loan ETF up on Tuesday (FSL)
September 23, 2023 | Behind the Markets (Ad)
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April 29, 2023 | usnews.com
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February 22, 2023 | msn.com
Virtus Seix Senior Loan ETF declares monthly distribution of $0.0848
January 6, 2023 | nasdaq.com
Stagflation in 2023? ETF Strategies to Follow
September 15, 2022 | nasdaq.com
Is 60/40 Rule Useless in 2022? 4 High-Yielding ETFs to Play
August 29, 2022 | thestreet.com
The Bond Market Is Poised for Collapse -- Here's How to Protect Yourself
September 23, 2023 | Behind the Markets (Ad)
The single greatest medical breakthrough of all time?
We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.
July 15, 2022 | morningstar.com
Can a Floating-Rate Fund Offset the Risks From Rising Interest Rates?
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
Stock Exchange
NASDAQ
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

Outstanding Shares
2,100,000
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%0.58%0.31%0.47%0.50%
Other Expenses0.31%0.11%0.26%0.29%0.57%
Total Expense0.76%0.63%0.39%0.56%0.69%
Fee Waiver-0.20%-0.14%-0.24%-0.22%-0.59%
Net Expense0.56%0.57%0.34%0.52%0.57%

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%
Full Holdings Details













SNLN ETF - Frequently Asked Questions

How have SNLN shares performed in 2023?

Highland/iBoxx Senior Loan ETF's stock was trading at $14.59 at the beginning of the year. Since then, SNLN stock has increased by 0.2% and is now trading at $14.62.
View the best growth stocks for 2023 here.

Are investors shorting Highland/iBoxx Senior Loan ETF?

Highland/iBoxx Senior Loan ETF saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 120,100 shares, an increase of 11,910.0% from the August 15th total of 1,000 shares. Based on an average trading volume of 10,400 shares, the short-interest ratio is currently 11.5 days.
View Highland/iBoxx Senior Loan ETF's Short Interest.

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 declared a monthly dividend on Monday, August 28th. Investors of record on Wednesday, August 30th will be given 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?

Based on aggregate information from My MarketBeat watchlists, some companies that other Highland/iBoxx Senior Loan ETF investors own include Cray (CRAY), Oracle (ORCL), Universal Health Services (UHS), AMAG Pharmaceuticals (AMAG), Applied Industrial Technologies (AIT), American International Group (AIG), Ashtead Group (AHT), iShares Core U.S. Aggregate Bond ETF (AGG), First Majestic Silver (AG) and American Financial Group (AFG).

What is Highland/iBoxx Senior Loan ETF's stock symbol?

Highland/iBoxx Senior Loan ETF trades on the NASDAQ under the ticker symbol "SNLN."

Who are Highland/iBoxx Senior Loan ETF's major shareholders?

Highland/iBoxx Senior Loan ETF's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include LPL Financial LLC (9.23%), Congress Wealth Management LLC DE (3.66%), Wells Fargo & Company MN (1.18%) and Merit Financial Group LLC (0.95%).

How do I buy shares of Highland/iBoxx Senior Loan ETF?

Shares of SNLN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Highland/iBoxx Senior Loan ETF's stock price today?

One share of SNLN stock can currently be purchased for approximately $14.62.

How much money does Highland/iBoxx Senior Loan ETF make?

Highland/iBoxx Senior Loan ETF (NASDAQ:SNLN) has a market capitalization of $30.70 million.

This page (NASDAQ:SNLN) was last updated on 9/23/2023 by MarketBeat.com Staff

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