(SRLN) Blackstone Senior Loan - NYSE
ETF Category: Bank Loan | Exchange: NYSE (USA) | Market Cap: 5.203m USD | Total Return: 5.3% in 12m
Avg Turnover: 71.2M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The SPDR Blackstone Senior Loan ETF (SRLN) is an actively managed fund targeting first-lien senior secured floating rate bank loans. Its primary objective is to outperform the Morningstar LSTA U.S. Leveraged Loan Index by allocating at least 80% of its net assets to these specific debt instruments.
Senior loans occupy the highest level in a companys capital structure, providing priority claim on assets in the event of a default. Because these loans feature floating interest rates typically tied to benchmarks like SOFR, the funds underlying assets generally exhibit lower sensitivity to interest rate hikes compared to fixed-rate bonds.
Investors can evaluate how these debt structures align with specific risk tolerances by reviewing detailed credit metrics on ValueRay.
- Federal Reserve interest rate trajectory dictates floating rate coupon yields
- Corporate credit spreads widen amid recessionary fears and default risk
- Leveraged loan issuance volume impacts fund liquidity and reinvestment yields
- Senior secured status provides recovery protection during credit market volatility
As of June 20, 2026, the stock is trading at USD 40.38 with a total of 631,100 shares traded.
Over the past week, the price has changed by +0.25%,
over one month by +0.31%,
over three months by +2.47% and
over the past year by +5.32%.
Blackstone Senior Loan has no consensus analysts rating.