SPDR Blackstone Senior Loan ETF boasts a seasoned leadership duo and large supporting cast, but the strategy’s proclivity to radically shift the portfolio based on top-down views makes consistent long-term outperformance challenging. It earns a Morningstar Analyst Rating of Neutral.
SPDR Blackstone Senior Loan ETF SRLN
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will SRLN outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SRLN’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the SRLN management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of SRLN’s parent organization’s priorities and whether they’re in line with investors’ interests.
Recently leaning away from its typically conservative nature.
