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State Street Investment Management Enhances Access to Leveraged Loans With New ETF
BOSTON, November 18, 2025--State Street Investment Management announced today the launch of the State Street® SPDR® S&P® Leveraged Loan ETF (LVLN). Designed to offer investors broad, index-based exposure to the investable leveraged loan universe, LVLN’s gross expense ratio is 0.40%*, which makes the fund the lowest-cost leveraged loan ETF available in the U.S.1
About this update from State Street Corporation
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":216,"url":"https://media.zenfs.com/en/business-wire.com/a4758211cd6930ad4cd050cc3e6b0eb8"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Eaoe7YvpEcfEHjiw4_OYOg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQzMjtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/a4758211cd6930ad4cd050cc3e6b0eb8","width":480,"height":216}},"lazy":false},{"type":"text","content":"The State Street® SPDR® S&P® Leveraged Loan ETF (LVLN) Offers Index-Based Access to Growing Leveraged Loan Market","length":117,"tagName":"p"},{"type":"text","content":"BOSTON, November 18, 2025--(BUSINESS WIRE)--State Street Investment Management announced today the launch of the State Street® SPDR® S&P® Leveraged Loan ETF (LVLN). Designed to offer investors broad, index-based exposure to the investable leveraged loan universe, LVLN’s gross expense ratio is 0.40%*, which makes the fund the lowest-cost leveraged loan ETF available in the U.S.1","length":384,"tagName":"p"},{"type":"text","content":""Investors seeking to add income and diversification to their fixed income portfolios continue to turn to leveraged loans, which have historically shown a low correlation to Treasuries and investment-grade corporates2," said Anna Paglia, Chief Business Officer for State Street Investment Management. "With the addition of LVLN, our fixed income ETF offerings now include both active and index-based strategies to meet client needs for gaining access to the fast-growing leveraged loan market."","length":514,"tagName":"p"},{"type":"text","content":"The State Street® SPDR® S&P® Leveraged Loan ETF seeks to track the performance of the S&P® USD Select Leveraged Loan Index (the "Index"). The Index comprises USD-denominated loans with a minimum $500M size, while capping constituents based on loan facility level, issuer (borrower) and industry constraints to provide broad exposure to the US leveraged loan market. The Index reflects a broad and transparent benchmark for US dollar leveraged loans that is anchored by eligibility and liquidity filters, market value weighting and real-world pricing, comprehensive coverage, and oversight and governance by S&P. For more information about leveraged loans, inc...