State Street Rolls Out Low-Cost Leveraged Loan ETF: A Rival To Its Own SRLN?

The ETF industry has been in a state of high caffeine intake for many years, launching hundreds of new funds each year across every conceivable strategy. The latest entrant hails from State Street Investment Management, which unveiled another new leveraged loans ETF, as it expands its enormous fixed-income roster. The State Street SPDR S&P Leveraged Loan ETF (NYSE:LVLN) launched on Tuesday and is aimed at a section of the credit market that has been quickly expanding. • SRLN is in positive territory. View t ...