Highland iBoxx Senior Loan ETF

'No Data'
Category: High Yield Bonds
Last Updated:
This ETF is no longer active. See active ETFs in the High Yield Bonds ETF Database Category.


Brand Highland
Structure ETF
Expense Ratio 0.56%
ETF Home Page Home page
Inception Nov 08, 2012

Analyst Report

The Analyst Report for SNLN is not available.

ETF Database Themes

Category High Yield Bonds
Asset Class Bond
Region (General) Developed Markets
Region (Specific) Broad
Bond Type(s) Floating Rate Bonds
Bond Duration All-Term

FactSet Classifications

Segment Fixed Income: U.S. - Corporate, Bank Loans High Yield Floating Rate
Category Corporate, Bank Loans
Focus High Yield
Niche Floating Rate
Strategy Vanilla
Weighting Scheme Market Value

Trading Data

  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $13.44
  • 52 Week Hi $14.70
  • AUM $30.7 M
  • Shares 2.1 M

Historical Trading Data

  • 1 Month Avg. Volume 6,695
  • 3 Month Avg. Volume 9,900

Alternative ETFs in the ETF Database High Yield Bonds Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest SCYB 0.03% $195.6 M 52,371 4.05%
Largest (AUM) HYG 0.49% $17.9 B 34 M 4.00%
Most Liquid (Volume) HYG 0.49% $17.9 B 34 M 4.00%
Top YTD Performer KHYB 0.69% $17.5 M 5,978 8.35%

Alternative ETFs in the FactSet Fixed Income: U.S. - Corporate, Bank Loans High Yield Floating Rate Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest FLBL 0.45% $538.7 M 240,886 4.64%
Largest (AUM) BKLN 0.65% $8.5 B 11 M 4.09%
Most Liquid (Volume) BKLN 0.65% $8.5 B 11 M 4.09%
Top YTD Performer LONZ 0.52% $445.9 M 58,081 5.36%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

SNLN ETF Database Category Average FactSet Segment Average
Number of Holdings 1 445 182
% of Assets in Top 10 100.00% 26.23% 46.79%
% of Assets in Top 15 100.00% 29.92% 51.19%
% of Assets in Top 50 100.00% 47.69% 73.72%

Size Comparison

SNLN ETF Database Category Average FactSet Segment Average
Large (>12.9B) N/A N/A N/A
Mid (>2.7B) N/A N/A N/A
Small (>600M) N/A N/A N/A
Micro (<600M) N/A N/A N/A

SNLN Valuation

This section compares the P/E ratio of this ETF to its peers.

P/E Ratio
ETF Database Category Average
P/E Ratio
FactSet Segment Average
P/E Ratio

SNLN Dividend

This section compares the dividend yield of this ETF to its peers.

SNLN ETF Database Category Average FactSet Segment Average
Dividend $ 0.06 $ 0.21 $ 0.18
Dividend Date 2023-08-29 N/A N/A
Annual Dividend Rate $ 1.16 $ 2.37 $ 2.50
Annual Dividend Yield 7.92% 6.63% 8.44%

SNLN Price and Volume Charts

Chart data for SNLN is not available.

SNLN Fund Flows Charts

View charts featuring ETF fund flow data.

5 Day Net Flows: 5.61 K 1 Month Net Flows: 4.69 K 3 Month Net Flows: 4.4 M 6 Month Net Flows: 4.44 M 1 Year Net Flows: -1.5 M 3 Year Net Flows: -62.04 M 5 Year Net Flows: -493.25 M 10 Year Net Flows: -10.78 M

SNLN Price vs Flows AUM Influence Charts

View charts that break down the influence that fund flows and price had on overall assets.

5 Day Net AUM Change: 30.53 K
1 Month Net AUM Change: -61.16 K
3 Month Net AUM Change: 4.36 M
6 Month Net AUM Change: 4.01 M
1 Year Net AUM Change: -2.39 M
3 Year Net AUM Change: -70.79 M
5 Year Net AUM Change: -527.48 M
10 Year Net AUM Change: -75.27 M

Realtime Rating

The adjacent table gives investors an individual Realtime Rating for SNLN on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the High Yield Bonds with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity B HYG
Expenses C+ SPHY

A+ Overall Rated ETF:

SNLN Expenses & Fees

This section compares the cost efficiency of this ETF to its peers.

Expenses Ratio Analysis

Expense Ratio
ETF Database Category Average
Expense Ratio
FactSet Segment Average
Expense Ratio

Tax Analysis

Max ST Capital Gains Rate 39.60%
Max LT Capital Gains Rate 20.00%
Tax On Distributions Ordinary income
Distributes K1 No
ESG Themes and Scores

SNLN does not have an ESG score. There are no ESG themes that map to this ETF.

SNLN Performance

This section shows how this ETF has performed relative to its peers. Returns over 1 year are annualized.

SNLN ETF Database
Category Average
Factset Segment
1 Month Return -0.29% 1.36% 0.47%
3 Month Return 1.23% 3.71% 1.56%
YTD Return 5.82% 3.88% 3.04%
1 Year Return 5.64% 9.10% 6.73%
3 Year Return 1.37% 1.18% 2.78%
5 Year Return 0.07% 1.85% 2.34%

Geographic Exposure

The following charts reflect the geographic spread of SNLN's underlying holdings.

Holdings Analysis

The following charts reflect the allocation of SNLN's underlying holdings.

Asset Percentage
Open-ended Fund 100.0%
CASH 0.0%
Bond Sector Percentage
Maturity Percentage
Less Than 1 Year 0.0%
1-3 Years 0.0%
3-5 Years 0.0%
5-7 Years 0.0%
7-10 Years 0.0%
10-15 Years 0.0%
15-20 Years 0.0%
20-30 Years 0.0%
30+ Years 0.0%
Asset Percentage
Open-ended Fund 100.0%
CASH 0.0%

SNLN Technicals

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETF Database Category.

5 Day Volatility 51.68%
20 Day Volatility 5.43%
50 Day Volatility 5.46%
200 Day Volatility 4.78%
Beta 0.21
Standard Deviation 0.30%
5 Day Volatility
No Ranking Available

20 Day Volatility
No Ranking Available

50 Day Volatility
No Ranking Available

200 Day Volatility
No Ranking Available

No Ranking Available

Standard Deviation
No Ranking Available


  • 20 Day MA $14.58
  • 60 Day MA $14.55
  • MACD 15 Period 0.04
  • MACD 100 Period 0.18
  • Williams % Range 10 Day n/a
  • Williams % Range 20 Day 8.31
  • RSI 10 Day 55
  • RSI 20 Day 54
  • RSI 30 Day 54
  • Ultimate Oscillator 78

Bollinger Bands

  • Lower Bollinger (10 Day) $14.50
  • Upper Bollinger (10 Day) $14.61
  • Lower Bollinger (20 Day) $14.50
  • Upper Bollinger (20 Day) $14.60
  • Lower Bollinger (30 Day) $14.49
  • Upper Bollinger (30 Day) $14.61

Support & Resistance

  • Support Level 1 $14.47
  • Support Level 2 $14.33
  • Resistance Level 1 $14.69
  • Resistance Level 2 $14.77


  • Stochastic Oscillator %D (1 Day) 75.58
  • Stochastic Oscillator %D (5 Day) 72.38
  • Stochastic Oscillator %K (1 Day) 69.29
  • Stochastic Oscillator %K (5 Day) 72.23


  • Tracking Difference Median (%) n/a
  • Tracking Difference Max Upside (%) n/a
  • Tracking Difference Max Downside (%) n/a
  • Median Premium Discount (%) n/a
  • Maximum Premium Discount (%) 0.88
  • Average Spread (%) 14.83
  • Average Spread ($) 14.83

Financial Advisor Report

ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.

Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.

Data Lineage

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