SPDR Blackstone Senior Loan ETF Experiences $145.6M Outflow, 1.9% Decrease in Shares Outstanding

The SPDR Blackstone Senior Loan ETF (SRLN) experienced a $145.6 million outflow, a 1.9% decrease from the previous week. The ETF's one-year price performance shows a low of $39.08 and a high of $42.09, with a current price of $39.68. The 200-day moving average is a useful technical analysis technique for investors.

The SPDR Blackstone Senior Loan ETF (SRLN) experienced a notable outflow of $145.6 million, representing a 1.9% decrease in shares outstanding week-over-week. This outflow was detected by ETF Channel and indicates a significant change in investor demand for the ETF. The shares outstanding decreased from 190.9 million to 187.25 million.

The ETF's one-year price performance shows a low of $39.08 and a high of $42.09, with a current price of $39.68. Analysts often use the 200-day moving average as a technical analysis tool to gauge the trend of an asset. According to the latest data, the 200-day moving average for SRLN is not provided in the source materials, but it can be a useful metric for investors to consider.

SRLN seeks to provide current income consistent with the preservation of capital by investing at least 80% of its net assets in senior loans. The ETF's primary benchmark is the Markit iBoxx USD Liquid Leveraged Loan Index, while the secondary benchmark is the Morningstar LSTA U.S. Leveraged Loan 100 Index. As of January 31, 2025, the fund had assets under management of $9,246.30 million and a gross expense ratio of 0.70%.

The outflow from SRLN could be indicative of various factors, including changes in investor sentiment towards the senior loan market or specific concerns about the fund's underlying holdings. However, without additional context or market data, it is challenging to pinpoint the exact reason for the outflow.

Investors and financial professionals should monitor the ETF's performance and consider the broader market conditions when evaluating SRLN. The 200-day moving average, along with other technical indicators, can provide valuable insights into the ETF's trend and potential future performance.