ETF Quote Details
|NAV (month end)||19.99|
|Premium (+)/Discount (-) (month end)||+0.03|
Zacks Premium Research for SNLN
|Zacks ETF Rank [?]||Not rated 0|
|ETF Risk [?]||NA|
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ETF Expense Ratio
|Dividend (Yield)||$1.07 (5.37%)|
This Index is a subset of the Markit iBoxx USD Leveraged Loan Index. Leveraged Loans are loans to companies that typically already have a high amount of debt and are often characterized by lower credit ratings or higher interest rates. Currently, loans eligible for inclusion in the Index are measured by type, size, liquidity, spread, credit rating and minimum time to maturity.
Highland/iBoxx Senior Loan ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Markit iBoxx Liquid Leveraged Loan Index