SRLN – State Street® Blackstone Senior Loan ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to provide current income consistent with the preservation of capital. In pursuing its investment objective, the fund seeks to outperform the Morningstar LSTA U.S. Leveraged Loan Index (the “Index”) by normally investing at least 80% of its net assets (plus any borrowings for investment purposes) in Senior Loans. For purposes of this 80% test, “Senior Loans” are first lien senior secured floating rate bank loans.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
SRLN	State Street® Blackstone Senior Loan ETF	ETF	Open			Apr 3, 2013	$5.39B	0.700%	—	—	−$1.52B

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