TCW Senior Loan ETF
TCW Senior Loan ETF (NYSE: SLNZ) is an exchange-traded fund listed on the New York Stock Exchange, trading at $45.57 (about ₹4,377 a unit) as of 29 Sep 2026, 1:51 PM ET. It has an expense ratio of 0.65% and holds 343 securities. Indian residents can buy SLNZ through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$45.57
Today's high
$45.70
52 week low
$44.58
52 week high
$47.12
SLNZ opened at $45.61, closed previously at $45.61, and has traded between $44.58 and $47.12 over the past 52 weeks.
About
The TCW Senior Loan ETF (SLNZ) offers investors significant advantages in terms of portfolio diversification, showing a low correlation with conventional fixed income assets. A key benefit is its reduced vulnerability to interest rate fluctuations, primarily due to the inherent floating-rate nature of its underlying senior loans. These loans are also expected to deliver a more consistent income stream and achieve better risk-adjusted returns when compared to other yield-bearing investment alternatives. Our investment strategy is centered on meticulous, bottom-up security analysis, allowing us to identify individual loans with outstanding return potential and thereby generate excess returns.
Key statistics
Expense ratio
0.65%
Assets (AUM)
$221.8M
Holdings
343
NAV
$45.61
Avg. volume
5.21K
1-year price change
-3.07%
5-year price change
—
Price change excludes dividends.
Top 10 holdings
SLNZ holds 343 securities in total. These 10 are 14.2% of the fund.
Where the money is invested
Countries
How to buy SLNZ from India
Indian residents can buy SLNZ units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search SLNZ and buy
Find the fund by its ticker, SLNZ, on the New York Stock Exchange, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Read the full guide: how to invest in SLNZ from India
Trading and taxes when buying SLNZ from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- Taxable in IndiaGains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
What is the SLNZ price today?
TCW Senior Loan ETF (SLNZ) last traded at $45.57 on the New York Stock Exchange, as of 29 Sep 2026, 1:51 PM ET. That is ₹4,377 a unit at the 29 Sep 2026 USD/INR rate.
When does SLNZ trade, in Indian time?
The New York Stock Exchange trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is SLNZ, and what does it cost to hold?
TCW Senior Loan ETF manages about $221.8M. Its expense ratio is 0.65% a year, deducted inside the fund. It launched in 2013.
What are SLNZ's largest holdings?
The top three are TCW CENTRAL CASH FUND TCW CENTRAL CASH FUND INST (7.6%), SSC GOVERNMENT MM GVMXX (1.1%) and TKO WORLDWIDE HOLDINGS LLC 2026 TERM LOAN B (0.8%). SLNZ's 10 largest positions make up 14.2% of the fund.
Does SLNZ pay dividends?
Yes. SLNZ is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate.
How are gains on SLNZ taxed in India?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
Can I buy fractional units of SLNZ?
Yes. You can buy SLNZ by amount rather than by whole unit, and there is no minimum trade size.
How has SLNZ performed?
SLNZ's price is down 3.1% over the past year. These figures are price change only and exclude dividends; past performance does not guarantee future returns.