State Street Adds New Leveraged Loans ETF

The ETF industry continues to grow, with new funds arriving all the time. Each year, hundreds of ETFs arrive on the scene, from covered call ETFs to active bond ETFs and everything in between. State Street Investment Management has launched the latest ETF to join the ecosystem, adding a new leveraged loans ETF to play in the increasingly prominent leveraged loans space. The major firm's asset management arm launched the State Street SPDR S&P Leveraged Loan ETF (LVLN) this past week. According to a press rel ...