C000118182 Performance — Highland/iBoxx Senior Loan ETF
Data updated: 2023-11-29
C000118182 returned +11.44% over one year to Jul 2023. The annualised 3-year return is +2.96%. Against its Money Market category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $109, against $111 for the category, and to $111 over one year, against $103. Volatility over the past three years was 4.07% a year. In the 12 months to Jul 2023 the fund took in a net $66.5M, and assets reached $30.72M.
C000118182 Growth of $100
What $100 invested in Highland/iBoxx Senior Loan ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Money Market category average over the same months.
| Period | C000118182 | Category average |
|---|---|---|
| 1 year (Aug 2022 – Jul 2023) | $111 | $103 |
| 3 years (Aug 2020 – Jul 2023) | $109 | $111 |
| Since data start (Jul 2019 – Jul 2023) | $101 | $112 |
C000118182 Trailing Returns
Total returns to Jul 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +11.44% |
| 3 years (annualised) | +2.96% |
C000118182 Annual Returns
Calendar-year total returns of Highland/iBoxx Senior Loan ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Jul) | +6.13% |
| 2022 | −3.45% |
| 2021 | +2.07% |
| 2020 | −5.85% |
| 2019 (Jul–Dec) | +2.16% |
C000118182 Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | −0.5% | +0.1% | +2.7% | +1.8% | +0.7% | +1.8% | −0.5% | — | — | — | — | — |
| 2022 | −0.1% | −0.6% | −0.3% | −2.5% | −2.7% | −0.2% | −1.9% | +0.7% | +2.1% | +0.3% | +0.7% | +1.1% |
| 2021 | −0.5% | +0.6% | +1.0% | +0.1% | +0.4% | +0.2% | +0.6% | +0.4% | −0.5% | +0.6% | −0.7% | −0.2% |
| 2020 | −8.7% | −2.2% | −0.2% | −0.8% | +2.1% | +1.4% | −1.3% | +0.7% | +1.3% | +0.5% | +2.3% | −0.5% |
| 2019 | — | — | — | — | — | — | +0.5% | −0.8% | +0.9% | +1.3% | +0.6% | −0.3% |
C000118182 Risk
Risk measures from monthly returns over Aug 2020 – Jul 2023.
- 3-year volatility (annualised): 4.07%
- 3-year Sharpe ratio: -0.38 (vs 4.5% risk-free rate)
- Best month: +2.65% (Mar 2023)
- Worst month: −2.68% (May 2022)
C000118182 Fund Flows
Monthly money in and out of Highland/iBoxx Senior Loan ETF, from SEC Form N-PORT.
- 12-month net flow: $66.5M
- 12-month gross sales (incl. reinvestments): $32.5M
- Sales ÷ redemptions: -0.95×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2023 | $0 | −$1.4M | $1.4M |
| Jun 2023 | $1.5M | $0 | $1.5M |
| May 2023 | $4.4M | $0 | $4.4M |
| Apr 2023 | $1.5M | $0 | $1.5M |
| Mar 2023 | $0 | $0 | $0 |
| Feb 2023 | $0 | $0 | $0 |
| Jan 2023 | $0 | $0 | $0 |
| Dec 2022 | $16.2M | −$13.3M | $29.5M |
| Nov 2022 | $4.5M | −$7.4M | $11.9M |
| Oct 2022 | −$11K | −$5.9M | $5.9M |
| Sep 2022 | $4.5M | −$3.0M | $7.4M |
| Aug 2022 | $0 | −$3.0M | $3.0M |
C000118182 Assets Under Management
Net assets of Highland/iBoxx Senior Loan ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-07-31 | $30.72M |
| 2023-06-30 | $26.32M |
| 2023-03-31 | $26.30M |
| 2022-12-31 | $26.38M |
| 2022-09-30 | $32.19M |
| 2022-06-30 | $33.78M |
| 2022-03-31 | $40.69M |
| 2021-12-31 | $46.15M |
| 2021-09-30 | $38.66M |
| 2021-06-30 | $43.60M |
| 2021-03-31 | $43.52M |
| 2020-12-31 | $52.88M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.