About Pacific Global Senior Loan ETF (FLRT)

The Pacific Global Senior Loan ETF (FLRT) is an exchange-traded fund that seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the SSGA Pacific Global Senior Loan Index. This index is designed to track the performance of the senior loan market in the Pacific Rim's developed and emerging countries.

The senior loan market consists of loans made to companies, typically with below-investment-grade credit ratings, that are secured by specific collateral assets. These loans generally have higher yields compared to investment-grade bonds because of their higher risk profile. The Pacific Global Senior Loan ETF focuses on senior loans that are issued by companies in the Pacific Rim region, providing investors with exposure to this specific market segment.