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Mark Kennedy

New Senior Loan ETF - SNLN

By November 8, 2012

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We have a new senior loan ETF on the market from Pyxis...

  • SNLN - Pyxis iBoxx Senior Loan ETF

The new fund correlates with the Markit iBoxx USD Liquid Leveraged Loan Index, which targets senior (leveraged) debt. The benchmark is comprised of 100 of the most liquid, tradable leveraged loans as identified by Markit's Loans Liquidity service.

The ETF only launched just yesterday and is currently trading around $20.09. And if you want to learn more, you can get full details on the SNLN fact sheet.

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