---
ticker: "LVLN"
name: "SPDR Series Trust - State Street SPDR S&P Leveraged Loan ETF"
url: "https://etf.net/etf/LVLN"
grade: "B"
score: 62
graded_at: "2026-10-12"
category: "Bank Loan"
category_rank: "1 of 11"
methodology: "https://etf.net/methodology"
---

# LVLN: SPDR Series Trust - State Street SPDR S&P Leveraged Loan ETF

Grade **B**, Score 62 of 100. Rank 1 of 11 in Bank Loan.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 93 | 1 of 11 |
| Mission | 54 | 4 of 8 |
| Risk | 55 | 5 of 11 |
| Tradability | 12 | 10 of 11 |
| Holdings | 92 | 1 of 11 |
| Durability | 30 | 10 of 11 |

## Top holdings

The fund holds 194 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Net Cash | 1.67% |
| 2 | — | Osaic Holdings, Inc Term B-1 Loans 07/30/2032 | 1.42% |
| 3 | — | IS An03 LLC Commitments 11/15/2030 | 0.96% |
| 4 | — | Delta 2 (Lux) S.a.r.l. Term Loan B 09/30/2031 | 0.96% |
| 5 | — | Mister Car Wash Holdings, Inc. 2026 Term Loans 09/23/2033 | 0.96% |
| 6 | — | MRP BUYER LLC Amendment No. 3 Incremental Term Loan Commitment 06/04/2032 | 0.96% |
| 7 | — | Amneal Pharmaceuticals LLC 2026 TERM LOAN B 08/02/2032 | 0.96% |
| 8 | — | Gainwell Acquisition Corp Term B 08/19/2031 | 0.96% |
| 9 | — | CLEARLIGHT ENERGY HOLDINGS LP Closing Term Loan 09/19/2033 | 0.95% |
| 10 | — | Great Outdoors Group, LLC Term Loan B 01/23/2032 | 0.95% |
| 11 | — | TK Elevator Midco GmbH Term Loan B-1 04/30/2030 | 0.95% |
| 12 | — | Student Transportation of America Holdings, Inc. 2026-2 Refinance Term Loan 06/24/2032 | 0.95% |
| 13 | — | Mavis Tire Express Services Topco, Corp. 2026-1 First Lien Incremental Term Loan 05/06/2033 | 0.95% |
| 14 | — | Hunter Douglas Inc Tranche B-1 Term Loan 01/16/2032 | 0.95% |
| 15 | — | FERTITTA ENTERTAINMENT, LLC Initial B Term Loan 01/29/2029 | 0.95% |
| 16 | — | MRP BUYER LLC Closing Date Term Loan 06/04/2032 | 0.95% |
| 17 | — | Zelis Payments Buyer Inc Amendment No. 5 Term Loans 11/26/2031 | 0.95% |
| 18 | — | Clover Holdings 2 LLC Initial Floating Rate Term Loans 12/09/2031 | 0.94% |
| 19 | — | Truist Insurance Holdings Inc Initial Term Loan 05/06/2032 | 0.92% |
| 20 | — | Trident TPI Holdings, Inc. TRANCHE B-7 TERM LOAN 09/15/2028 | 0.91% |
| 21 | — | US Fertility Enterprises, LLC Initial Term Loans 12/30/2032 | 0.90% |
| 22 | — | CLOUD SOFTWARE GROUP INC Initial Dollar Term B Loans 08/16/2032 | 0.90% |
| 23 | — | Nouryon Finance B.V. 2026 Dollar Term Loan 07/08/2031 | 0.90% |
| 24 | — | Polaris Newco LLC Dollar Term Loan 06/02/2028 | 0.89% |
| 25 | — | McAfee Corp Tranche B-1 Term Loans 03/01/2029 | 0.88% |
| 26 | — | Asurion, LLC New B-14 Term Loan 02/23/2033 | 0.88% |
| 27 | — | Savor Acquisition Inc. Initial Term Loan 02/19/2032 | 0.87% |
| 28 | — | Star Parent Inc Term Loan 09/27/2030 | 0.85% |
| 29 | — | Naples US Holdco Inc Term Loan 09/16/2033 | 0.83% |
| 30 | — | Scientific Games Holdings LP 2024 Refinancing Dollar Term Loans 04/04/2029 | 0.83% |

Source: etf.net, https://etf.net/etf/LVLN. Please cite the page URL.