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DOW   37,775.38
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DOW   37,775.38
QQQ   423.41
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NASDAQ:SNLN

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

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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%
Stock Analysis
Stock Analysis
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

February 2, 2024 | investing.com
SXRL ETF Stock Price History
December 28, 2023 | seekingalpha.com
SEIX Virtus Seix Senior Loan ETF
April 19, 2024 | InvestorPlace (Ad)
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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)
April 29, 2023 | usnews.com
Highland Park Senior High School
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
April 19, 2024 | InvestorPlace (Ad)
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September 15, 2022 | nasdaq.com
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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
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%0.60%0.32%0.48%0.51%
Other Expenses0.31%0.05%0.27%0.34%0.58%
Total Expense0.76%0.61%0.40%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%
Full Holdings Details

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. Shareholders 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 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).

This page (NASDAQ:SNLN) was last updated on 4/19/2024 by MarketBeat.com Staff

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