BKLN
Invesco Senior Loan ETFBKLN Fund Description
The Invesco 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 yield 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. 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.
BKLN CHARTS AND PERFORMANCE
-
1 Month
-
3 Months
-
YTD
-
1 Year
-
3 Years
-
5 Years
-
Max
-
1 Month
-
3 Months
-
YTD
-
1 Year
-
3 Years
-
5 Years
-
Max
-
BKLN Top 10 Countries
BKLN Top 10 Sectors
BKLN Top 10 Holdings [View All]
BKLN Portfolio 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
BKLN
BKLN Top 10 Holdings[View All]
BKLN Top 5 Countries
BKLN
BKLN Top 5 Currencies
BKLN
BKLN Economic Development
BKLN
BKLN Performance Statistics
BKLN HOLDINGS STATISTICS
BKLN
BKLN MATURITY DISTRIBUTION
BKLN
BKLN CREDIT BREAKDOWN
BKLN
The data and information contained herein is not intended to be investment or tax advice. A reference to a particular investment or security, a credit rating, or any observation concerning a security or investment provided in the ETF.com Service is not a recommendation to buy, sell, or hold such investment or security or to make any other investment decisions. You should not use such information for purposes of any actual transaction without consulting an investment or tax professional.
ETF.com DOES NOT TAKE RESPONSIBILITY FOR YOUR INVESTMENT OR OTHER ACTIONS NOR SHALL ETF.com HAVE ANY LIABILITY, CONTINGENT OR OTHERWISE, FOR THE ACCURACY, COMPLETENESS, TIMELINESS, OR CORRECT SEQUENCING OF ANY INFORMATION PROVIDED BY ETF.com OR FOR ANY DECISION MADE OR ACTION TAKEN BY YOU IN RELIANCE UPON SUCH INFORMATION OR ETF.com.
[ETF.com DOES NOT PROVIDE ANY RESEARCH OPINIONS.] ETF.com MAKES NO REPRESENTATIONS ABOUT THE SUITABILITY OF THE INFORMATION, PRODUCTS OR SERVICES CONTAINED HEREIN. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
Data provider:
Terms of Use