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 0.55 %
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 18 January 2019
Asset Under Management 397.70 Million (USD)
1 Month Total Return 1.30 %
Year To Date Return 2.36 %
1 Year Total Return 0.53 %
3 Year Annualized Total Return 4.06 %
NAV 17.52
Share Outstanding 22,700,000
Top 10 Holdings (18 January 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
IHEARTCOMMUNICATIONS BOND 0.0326
VALEANT PHARMACEUTICALSá BOND 0.0222
SS&C TECHNOLOGIES BOND 0.0221
VIRGIN MEDIA BRI TL BOND 0.0199
SCIENTIFIC GAMES INTL BOND 0.0198
UNIVISION COMMUNICATIONS BOND 0.0195
SBA SENIOR FINANCE II LLC BOND 0.0193
PETSMART INC. BOND 0.0188
VISTRA OPERATIONS CO LLC BOND 0.0187
FIRST DATA CORPORATION BOND 0.018