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Morningstar

SPDR Blackstone Senior Loan ETF SRLN

Morningstar Medalist Rating
Medalist Rating as of | See State Street Investment Hub

Morningstar’s Analysis SRLN

Will SRLN outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SRLN’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the SRLN management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of SRLN’s parent organization’s priorities and whether they’re in line with investors’ interests.

Lackluster.

Senior Analyst R.J. D'Ancona

R.J. D'Ancona

Senior Analyst

Summary

SPDR Blackstone Senior Loan ETF SRLN boasts a seasoned leadership duo and large supporting cast, but its repeated portfolio shifts based on top-down views make it difficult to outperform consistently over the long term. It earns a Morningstar Medalist Rating of Neutral.

by R.J. D'Ancona
Rated on Published on

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Portfolio Holdings SRLN

More SRLN Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 12.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

State Street Instl US Govt MMkt Premier

11.84 858.6 Mil
Cash and Equivalents

CLOUD SOFTWARE GROUP, INC. 2022 USD TERM LOAN B

1.62 117.1 Mil
Corporate

MCAFEE LLC 2022 USD TERM LOAN B

1.42 103.1 Mil
Corporate

Barclays Capital Repo Repo

1.38 100.0 Mil
Cash and Equivalents

ALLIED UNIVERSAL HOLDCO LLC 2021 USD TERM LOAN

1.36 98.4 Mil
Corporate

PERATON CORP TERM LOAN B

1.28 93.1 Mil
Corporate

LBM ACQUISITION LLCV TERM LOAN B

1.24 89.6 Mil
Corporate

POLARIS NEWCO, LLC USD TERM LOAN B

1.20 86.8 Mil
Corporate

BANFF MERGER SUB INC 2023 USD TERM LOAN

1.17 84.8 Mil
Corporate

ATHENAHEALTH INC 2022 TERM LOAN B

1.13 81.7 Mil
Corporate