SSgA and Blackstone unit debut speculative-grade-loan ETF

04/4/2013 | Reuters · Bloomberg · Zacks

Blackstone Group unit GSO Capital Partners and State Street Global Advisors have launched an actively managed exchange-traded fund that takes advantage of growth in the leveraged-loan market. The SPDR Blackstone/GSO Senior Loan ETF invests in floating-rate senior loans made to companies with a speculative-grade credit rating.

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Reuters · Bloomberg · Zacks

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