ETF Chart of the Day: Banking on Bank Loans

SRLN has managed to attract about $698 million in AUM since its April 2013 inception, certainly a respectable amount, especially for an actively managed ETF. Two other actively managed products SNLN (Highland/iBoxx Senior Loan, Expense Ratio 0.55%, Yield 3.98%) and FTSL (First Trust Senior Loan Fund, Expense Ratio 0.85%) also populate this space and have $323 million and $315 million in AUM respectively at the moment.

PowerShares Senior Loan Portfolio

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