SRLN Fees and Costs — State Street(R) Blackstone Senior Loan ETF
Data updated: 2026-09-11
The net expense ratio is 0.70%. There are no sales loads or redemption fees.
SRLN Fees and Expenses
Annual operating expenses and sales charges of SRLN. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.70% |
| Fee waiver | — |
| Net expense ratio | 0.70% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
SRLN Costs Over Time
On $10,000 invested in SRLN, assuming 5% a year before costs, total costs come to $440 over 5 years, cutting the return by 0.73% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.70%) | $74 | $230 | $400 |
| Lost growth on money paid in costs | $0 | $11 | $40 |
| Total costs | $74 | $241 | $440 |
| Value after costs | $10,426 | $11,335 | $12,322 |
| Impact on return, per year | 0.73% | 0.73% | 0.73% |
SRLN Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $26.0B
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
SRLN Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $9.5B | 39.80% |
| J.P. Morgan Securities LLC | $2.6B | 10.79% |
| Goldman Sachs & Co. LLC | $2.5B | 10.38% |
| BofA Securities, Inc. | $2.2B | 9.24% |
| Morgan Stanley & Co. LLC | $1.9B | 8.12% |
| Barclays Capital Inc. | $1.7B | 6.93% |
| Citigroup Global Markets Inc. | $1.7B | 6.91% |
| UBS Securities LLC | $691.9M | 2.89% |
| Jefferies LLC | $678.6M | 2.84% |
| Wells Fargo Securities, LLC | $502.7M | 2.10% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.