State Street Global Advisors has joined forces with GSO Capital Partners, the global credit business of The Blackstone Group, to launch the SPDR Blackstone/GSO Senior Loan ETF (SRLN).

The ETF, which began trading on NYSE Arca on April 4, is touted by SSgA as the first actively managed ETF to provide exposure to senior loans. The ETF’s expense ratio is 90 basis points.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.