USX:SNLN - Highland/iBoxx Senior Loan ETF Highland/iBoxx Senior Loan ETF
Sector: Unknown, Industry: Unknown
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USD 14.62    +0.0 (+0%)

19 Sep 2023


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Description

The fund will, under normal circumstances, invest at least 80% of its assets (the 80% basket) in component securities of the underlying index. The underlying 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. It is non-diversified.

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