Invesco Senior Loan ETF (BKLN)
BKLN Price and Sentiment
BKLN Latest news
BCAT recently went down along with the rest of the market. However, despite the downward pressure, the NAV held up relatively well during this time.
The Fed may start tapering in November. These ETFs could prove to be winning picks.
BKLN is a leveraged loan ETF with a 2.73% SEC yield. Middle of the road Sharpe ratio of 0.42 with a very low standard deviation of 4.81.
The Invesco Senior Loan ETF (NYSEArca: BKLN) is higher by nearly 2% year-to-date, and income investors are flocking to the original leveraged loan exchange traded fund — signs that the search for income and yield is taking market participants beyond basic bond assets. BKLN, which follows the S&P/LSTA U.S. Leveraged Loan 100 Index and yields 3.24%, [.
One way to obtain more yield is to look at seniors loans and the Invesco Senior Loan ETF (BKLN), but what are senior loans, and what makes them a viable options in today's market environment? “Senior loans are debt securities typically used by companies to finance their operations, support business expansion, and refinance existing debt,” a [.
U.S. Weekly FundFlows Insight Report: Despite Market Declines, Equity ETFs Attract Their Largest Weekly Net Inflows Since March 242021-08-20 20:20
U.S. Weekly FundFlows Insight Report: Despite Market Declines, Equity ETFs Attract Their Largest Weekly Net Inflows Since March 24
Minutes from the July Federal Reserve meeting, released on Aug 18, hinted at the inclination to start tapering asset purchases before the end of 2021.
Bank loan ETFs might be an antidote for income-sensitive investors in a complacent, low-yield fixed income environment.
Though the U.S. labor market is yet to improve, high inflation may lead the Fed go for a QE tapering. If it happens, these ETFs may gain ahead.
Leveraged loans and the Invesco Senior Loan ETF (NYSEArca: BKLN) are garnering more attention as of late, for the simple reason that income is getting difficult to find. Due to low yields on other bonds, a growing economy, and low default rates, junk bonds are also commanding plenty of attention.