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Posted by
Two Blokes May 4 -
Filed in
Stock
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SRLN, a senior secured floating rate loan ETF, offers high current income but faces challenges in the current economic environment, potentially leading to flat or negative returns. SRLN has lower costs, higher AUM, and competitive performance compared to peers, but narrowing credit spreads and rising default risks are concerning. Economic contraction and rising inflation suggest an uncertain outlook for interest rates, cuts will come, though perhaps with a delay.
