SNLN

Fund Description
The 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.
Fund Profile
Fund Name Highland/iBoxx Senior Loan ETF
Fund Exchange Ticker SNLN
Fund Sponsor Highland Funds
Fund ISIN US4301017749
Net Expense Ratio 0.75 %
Fund Inception Date 6 November 2012
Fund Legal Structure ETF (Open end fund)
Exchange NASDAQ
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Corporate
Asset Class Bonds
Index Linked Passive
Index Name Markit iBoxx USD Liquid Leveraged Loan Index
Index Provider Markit
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Bond Type Corporate
Credit Quality High Yield
Average Maturity Fund Holds All Maturity Ranges
Bond Currency Denomination USD
Key Statistics
Return As of Date 28 June 2022
Asset Under Management 34.06 Million (USD)
1 Month Total Return -1.85 %
Year To Date Return -5.57 %
1 Year Total Return -5.34 %
3 Year Annualized Total Return -2.49 %
NAV 14.8104
Share Outstanding 2,300,000
Top 10 Holdings (27 June 2022)
Constituent Name Constituent Ticker Constituent Type Weighting
DREYFUS TREAS PRIME 521 261908107 MMKT 0.1636000000
CenturyLink, Inc.,3.31,03/15/27 BOND 0.024399999999999998
ZAYO GROUP HOLDINGS, INC.,4.06,03/09/27 BOND 0.0239000000
REALPAGE INC,4.31,04/24/28 BOND 0.0194000000
CHANGE HEALTHCARE HLD,3.56,03/01/24 BOND 0.0172000000
DIRECTV FINANCING, LLC,6.06,08/02/27 BOND 0.0171000000
HUB INTERNATIONAL LIMITED,4.348,04/25/25 BOND 0.0168000000
WESTINGHOUSE/BROOKFIELD W,3.81,08/01/25 BOND 0.0167000000
RADIATE HOLDCO, LLC,4.31,09/25/26 BOND 0.0165000000
ALLIED UNIVERSAL,4.81,05/12/28 BOND 0.016399999999999998