Key stats
About TCW Senior Loan ETF
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Inception date
Nov 18, 2014
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
TCW Investment Management Co. LLC
ISIN
US29287L8090
SLZN is an actively managed ETF that aims to provide exposure to senior secured floating rate investments or its equivalents, such as senior secured floating rate bank loans or debt, fixed-rate loans or debt, such as corporate bonds, convertible notes, collateralized loan obligations, senior loans, structured products and U.S. government debt securities. The fund does not aim for a specific credit exposure nor a maturity bracket. Up to 20% of assets may be invested in foreign securities, and up to 20% in non-USD securities. The fund may also allot assets to companies that have defaulted in the payment of interest or principal or in the performance of its covenants or agreements, or that may be involved in bankruptcy proceedings, reorganizations or financial restructurings. SLZN began as the MetWest Floating Rate Income Fund, with $293.7 million in assets before converting to an ETF.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Loans
Bonds, Cash & Other100.00%
Loans76.41%
Mutual fund9.32%
Miscellaneous5.75%
Cash5.31%
Corporate1.95%
Securitized0.81%
Government0.45%
Stock breakdown by region
North America92.92%
Europe7.08%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SLNZ last dividends amounted to 0.30 USD. The month before, the issuer paid 0.25 USD in dividends, which shows a 16.67% increase.
SLNZ assets under management is 303.69 M USD. It's fallen 0.78% over the last month.
SLNZ fund flows account for 14.66 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, SLNZ pays dividends to its holders with the dividend yield of 7.26%. The last dividend (Oct 3, 2025) amounted to 0.30 USD. The dividends are paid monthly.
SLNZ shares are issued by The TCW Group, Inc. under the brand TCW. The ETF was launched on Nov 18, 2014, and its management style is Active.
SLNZ expense ratio is 0.65% meaning you'd have to pay 0.65% of your investment to help manage the fund.
SLNZ follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SLNZ invests in funds.
SLNZ price has fallen by −0.21% over the last month, and its yearly performance shows a −1.72% decrease. See more dynamics on SLNZ price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.01% over the last month, showed a 0.71% increase in three-month performance and has increased by 6.01% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.01% over the last month, showed a 0.71% increase in three-month performance and has increased by 6.01% in a year.
SLNZ trades at a premium (0.12%) meaning the ETF is trading at a higher price than the calculated NAV.