TCW Senior Loan ETFTCW Senior Loan ETFTCW Senior Loan ETF

TCW Senior Loan ETF

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Key stats


Assets under management (AUM)
‪294.81 M‬USD
Fund flows (1Y)
‪2.37 M‬USD
Dividend yield (indicated)
8.34%
Discount/Premium to NAV
−0.1%

About TCW Senior Loan ETF


Issuer
The TCW Group, Inc.
Brand
TCW
Expense ratio
0.65%
Home page
Inception date
Nov 18, 2024
Index tracked
No Underlying Index
Management style
Active
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


Asset Class
Fixed income
Category
Corporate, bank loans
Focus
Broad credit
Niche
Floating rate
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows