SRLN, which competes directly with the passively managed PowerShares Senior Loan Portfolio (NYSEArca: BKLN) and at least two other new bank loan ETFs, debuted in April and already has almost $572 million in AUM. That serves as confirmation that investors’ appetites for low-duration, high-yield bank loan ETFs remains robust.[Bank Loan ETFs Continue to Thrive]
Other new ETFs that have already eclipsed $100 million in AUM include the Vident International Equity Fund (NasdaqGS: VIDI), the db X-trackers Harvest CSI 300 China A-Shares Fund (NYSEArca: ASHR), which has over $195 million in less than two months on the market, and the iShares MSCI USA Quality Factor ETF (NYSEArca: QUAL).
SPDR Blackstone/GSO Senior Loan ETF
ETF Trends editorial team contributed to this post.