SLNZ – TCW Senior Loan ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks current income, with a secondary objective of long-term capital appreciation. The fund will invest at least 80% of the value of its net assets, plus the amount of any borrowings for investment purposes, in senior secured floating rate investments and in investments that are the economic equivalent of senior secured floating rate loans. Under normal circumstances, a substantial portion of the fund’s portfolio consists of leveraged loans rated below investment grade or unrated.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
SLNZ	TCW Senior Loan ETF	ETF	Open			Jun 28, 2013	$224.15M	0.650%	—	—	−$85.65M

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