BKLN Invesco Senior Loan ETF
What is BKLN?
BKLN tracks a market-value-weighted index of senior loans issued by banks to corporations.
BKLN Factset Analytics Insight
BKLN offers higher yield with less interest rate risk but significantly higher credit risk. The 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. A spike in interest rates makes it harder for issuers to service their debt, potentially raising default risk. The index is rebalanced and reconstituted semi-annually. Prior to august 29, 2022 the fund tracked the S&P/LSTA U.S. Leveraged Loan 100 Index.
BKLN Summary Data
BKLN Portfolio Data
BKLN Index Data
BKLN Portfolio Management
BKLN Tax Exposures
BKLN Fund Structure
BKLN Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of BKLN. BKLN is rated a 5 out of 5.
BKLN Tradability
BKLN Sector/Industry Breakdown
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BKLN Top 10 Holdings[View All]
BKLN Performance Statistics
BKLN Holdings Statistics
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BKLN Maturity Distribution
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BKLN Credit Breakdown
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