PowerShares Senior Loan Port Message Board
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BKLN
Anyone know the yeild on the index itself ? Couldn't find the actual yeild. About 4% I'm told.
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as of 9/18/2012 per Morningstar: 4.98% .76 expenses
Monthly distribution: 9-10 cents/sh -
Does this fund invest in adjustable yields? I own JRO, and am also looking at PFLT. I don't think the Fed can keep rates low forever.
Just saw Jonathan Hoenig recommend this stock on Fox's "Cost of Freedom" block.- 1 Reply to riskprof1
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It is my understanding that the fund's components invest in adjustable yields.
Sentiment: Hold
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Which is similar to Fido's FFRHX fund. Now where's the so-called "high income" from these funds? The risk reward needs to be more comensurate.
- 2 Replies to yandt3
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The risk/reward is commensurate. Not sure about BKLN but FFRHX invests in higher quality paper paying less but is more stable. Also lack of leverage makes it more stable. Make a chart comparing FFRHX with PPR, JRO and VVR all of which yield more but are far more volatile. I own the last 3 mentioned. You pay your money and you take your choice. Believe BKLN will be in the lower yielding more stable group but need more time for a history to develop.
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3.5% as reported by Ameritrade
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