Highland launches iBoxx Senior Loan ETF on NYSE Arca
Highland Capital Management has launched the Highland iBoxx Senior Loan ETF (SNLN) on the NYSE Arca.
On 26 February, executives and guests of Highland will visit the New York Stock Exchange (NYSE) to celebrate the launch of the ETF, with founders James Dondero and Mark Okada due to ring the NYSE Closing Bell.
The Highland iBoxx Senior Loan ETF (SNLN) aims to provide investors with an alternative income product that adds yield and diversity to their portfolios without adding substantial risk.
The ETF trades on NYSE Arca, the all-electronic trading platform of NYSE Euronext and is the only ETF to track the Markit iBoxx USD Liquid Leveraged Loan Index.
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