Highland iBoxx Senior Loan ETF (SNLN)
SNLN is a passive ETF by Highland Capital Management tracking the investment results of the Markit iBoxx USD Liquid Leveraged Loan Index. SNLN launched on Nov 8, 2012 and has a 0.75% expense ratio.
ETF Info
| Issuer | Highland Capital Management |
|---|---|
| Inception Date | Nov 8, 2012 |
| Region | Developed Markets (Broad) |
| Category | High Yield Bonds |
| Leveraged | 1x |
| Index Tracked | Markit iBoxx USD Liquid Leveraged Loan Index |
| Asset Class | Bond |
Expense Ratio
SNLN features an expense ratio of 0.75%, falling within the medium range.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: SNLN vs. FLRT, SNLN vs. PGHY, SNLN vs. SJNK, SNLN vs. BKLN, SNLN vs. HYEM, SNLN vs. FLOT, SNLN vs. SRLN, SNLN vs. FFRHX, SNLN vs. ANGL, SNLN vs. BRLN
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Highland iBoxx Senior Loan ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | N/A | 25.45% |
| 1 month | N/A | 2.91% |
| 6 months | N/A | 14.05% |
| 1 year | N/A | 35.64% |
| 5 years (annualized) | N/A | 14.13% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of SNLN, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | ||||||||
| 2023 | 3.42% | -0.05% | 0.12% | 0.10% | -0.71% | 2.05% | 0.39% | -0.04% | 0.48% | 0.00% | 0.00% | 0.00% | 5.84% |
| 2022 | -0.18% | -0.78% | -0.19% | -0.19% | -2.75% | -2.02% | 2.06% | 0.54% | -1.99% | 0.78% | 1.21% | -0.22% | -3.76% |
| 2021 | 0.93% | 0.26% | -0.11% | 0.35% | 0.02% | 0.35% | -0.48% | 0.44% | -0.01% | 0.29% | -0.70% | 0.71% | 2.05% |
| 2020 | -0.24% | -2.35% | -8.38% | 1.28% | 2.09% | -0.77% | 1.21% | 0.53% | -1.24% | -0.43% | 2.18% | 0.71% | -5.73% |
| 2019 | 2.18% | 1.79% | -0.22% | 1.83% | -0.70% | -0.17% | 0.93% | -0.72% | 0.50% | -0.46% | 0.67% | 1.23% | 7.03% |
| 2018 | 1.40% | -0.07% | 0.49% | 0.22% | -0.05% | -0.21% | 0.95% | 0.62% | 0.46% | -0.68% | -1.18% | -2.83% | -0.95% |
| 2017 | -0.04% | 0.47% | -0.28% | 0.45% | 0.31% | -0.45% | 0.73% | -0.37% | 0.25% | 0.57% | -0.09% | 0.10% | 1.66% |
| 2016 | -0.49% | 0.01% | 2.77% | 1.74% | 0.39% | -0.31% | 1.53% | 0.51% | 0.56% | 0.08% | 0.14% | 1.41% | 8.60% |
| 2015 | 0.16% | 1.70% | 0.07% | 0.84% | 0.00% | -0.59% | -0.71% | -2.11% | -0.01% | 0.47% | -1.09% | -0.67% | -1.99% |
| 2014 | 0.97% | -0.06% | 0.19% | 0.23% | 0.30% | 0.72% | -0.29% | 0.34% | -1.29% | 0.54% | 0.54% | -1.61% | 0.55% |
| 2013 | 1.09% | -0.56% | 0.70% | 0.92% | 0.14% | -0.92% | 1.31% | -0.48% | 0.19% | 0.81% | 0.27% | 0.41% | 3.93% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Highland iBoxx Senior Loan ETF (SNLN) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Highland iBoxx Senior Loan ETF provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.65 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.65 | $1.20 | $0.71 | $0.45 | $0.51 | $0.83 | $0.86 | $0.86 | $0.82 | $0.79 | $0.85 | $1.06 |
Dividend yield | 0.00% | 8.22% | 4.88% | 2.83% | 3.21% | 4.72% | 5.03% | 4.75% | 4.36% | 4.36% | 4.41% | 5.30% |
Monthly Dividends
The table displays the monthly dividend distributions for Highland iBoxx Senior Loan ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.44 | |||||||
| 2023 | $0.15 | $0.13 | $0.10 | $0.09 | $0.10 | $0.08 | $0.10 | $0.06 | $0.00 | $0.09 | $0.10 | $0.21 | $1.20 |
| 2022 | $0.04 | $0.03 | $0.03 | $0.03 | $0.05 | $0.05 | $0.06 | $0.06 | $0.06 | $0.05 | $0.12 | $0.12 | $0.71 |
| 2021 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.05 | $0.05 | $0.05 | $0.04 | $0.06 | $0.45 |
| 2020 | $0.07 | $0.06 | $0.07 | $0.04 | $0.05 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.03 | $0.02 | $0.51 |
| 2019 | $0.07 | $0.07 | $0.07 | $0.08 | $0.09 | $0.07 | $0.07 | $0.08 | $0.06 | $0.05 | $0.05 | $0.06 | $0.83 |
| 2018 | $0.07 | $0.07 | $0.07 | $0.07 | $0.08 | $0.08 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.09 | $0.86 |
| 2017 | $0.07 | $0.07 | $0.08 | $0.07 | $0.08 | $0.08 | $0.07 | $0.07 | $0.07 | $0.07 | $0.08 | $0.07 | $0.86 |
| 2016 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.06 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.06 | $0.82 |
| 2015 | $0.07 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.79 |
| 2014 | $0.08 | $0.08 | $0.08 | $0.08 | $0.07 | $0.08 | $0.07 | $0.08 | $0.05 | $0.05 | $0.06 | $0.06 | $0.85 |
| 2013 | $0.10 | $0.09 | $0.08 | $0.08 | $0.09 | $0.09 | $0.08 | $0.08 | $0.08 | $0.08 | $0.07 | $0.13 | $1.06 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Highland iBoxx Senior Loan ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Highland iBoxx Senior Loan ETF was 18.74%, occurring on Mar 23, 2020. The portfolio has not yet recovered.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -18.74% | Jan 16, 2020 | 46 | Mar 23, 2020 | — | — | — |
| -6.66% | May 28, 2015 | 141 | Dec 15, 2015 | 145 | Jul 14, 2016 | 286 |
| -5.16% | Oct 8, 2018 | 54 | Dec 24, 2018 | 75 | Apr 12, 2019 | 129 |
| -3.21% | Jul 7, 2014 | 115 | Dec 16, 2014 | 77 | Apr 9, 2015 | 192 |
| -1.88% | May 13, 2013 | 30 | Jun 24, 2013 | 61 | Sep 19, 2013 | 91 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.