BKLN PowerShares Senior Loan Portfolio

Price $23.05
Today's Change -0.05 (-0.21%)
Today's Volume 2.13 M
11:45am (ET) 05/03/16

Overall Rating

C

N/A
as of 05/03/16

Rating Details

76
79
N/A
Segment Average
  • Overview
  • Efficiency
    76
  • Tradability
    79
  • Fit
    N/A

BKLN Fund Description

The PowerShares Senior Loan Portfolio tracks a market-value-weighted index of senior loans issued by banks to corporations.

BKLN FactSet Analytics Insight

BKLN offers a liquid way to earn higher yieldthe bulk of BKLN's portfolio is below investment-grade with less interest rate risk but significantly higher credit risk. The fund’s index tracks the 100 largest bank loan facilities—floating-rate, high-yield senior debt issued by banks to companies. Bank loans offer relative safety from interest rate risk because the coupons are reset periodically, but they do take significant credit risk. In fact, the bulk of BKLN’s portfolio is below investment-grade and debt from firms in bankruptcy is not ruled out either. While the floating rate feature greatly reduces sensitivity to changes in interest rates, it doesn’t eliminate it completely. A spike in interest rates makes it harder for issuers to service their debt, potentially raising default risk.
With first-mover advantage in its segment, BKLN has gathered billions in AUM. BKLN trades extremely well in retail quantities. This is especially impressive considering the relative illiquidity and high trading costs of the underlying securities. Still, underlying liquidity—for all bank loan funds—remains a concern for larger investors and when the market sells off.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
Performance [as of 05/02/16] 1 Month 3 Month YTD 1 Year 3 Years 5 Years 10 Years
BKLN2.16%5.79%4.72%-0.59%1.19%2.59%--
BKLN (NAV)2.05%4.89%4.17%-0.82%1.11%2.66%--
S&P/LSTA U.S. Leveraged Loan 100 Index2.34%5.33%4.91%-0.54%1.73%3.15%--
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

BKLN Top 10 Countries

BKLN Top 10 Sectors

BKLN Top 10 Holdings

BKLN Summary Data

Invesco PowerShares
03/03/11
Open-Ended Fund
0.65%
$3.98 B
$64.46 M
0.04%

BKLN Portfolio Data

1.7
3.52 Years
5.17%
05/13/16
114

BKLN Index Data

S&P/LSTA U.S. Leveraged Loan 100 Index
Market Value
Market Value
N/A
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
Performance [as of 05/02/16] 1 Month 3 Month YTD 1 Year 3 Years 5 Years 10 Years
BKLN2.16%5.79%4.72%-0.59%1.19%2.59%--
BKLN (NAV)2.05%4.89%4.17%-0.82%1.11%2.66%--
S&P/LSTA U.S. Leveraged Loan 100 Index2.34%5.33%4.91%-0.54%1.73%3.15%--
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All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

BKLN Portfolio Management

0.65%
-0.37%
0.33%
-0.91%

BKLN Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

BKLN Fund Structure

Open-Ended Fund
No
No
100% / 0%
N/A
N/A
Low
Daily
Average Spread
Premium/Discount
Volume

BKLN FactSet Analytics Block Liquidity

As of 05/03/16
5
4
3
2
1

This measurement shows how easy it is to trade 25,000 shares of BKLN. BKLN is rated a 3 out of 5.

BKLN Tradability

2,846,116
$64.46 M
2,102,551
$48.12 M
0.04%
$0.01
-0.15%
0.52% / -1.36%
None
98.54%
100,000
21.03
0.02%
--
63,562
$23.10
3

BKLN Performance Statistics

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