State Street Investment Management Enhances Access to Leveraged Loans With New ETF

BOSTON--(BUSINESS WIRE)--State Street Investment Management announced today the launch of the State Street® SPDR® S&P® Leveraged Loan ETF (LVLN). Designed to offer investors broad, index-based exposure to the investable leveraged loan universe, LVLN's gross expense ratio is 0.40%*, which makes the fund the lowest-cost leveraged loan ETF available in the U.S.1 "Investors seeking to add income and diversification to their fixed income portfolios continue to turn to leveraged loans, which have. ...