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PowerShares Senior Loan ETF (BKLN)

24.65 Up 0.02(0.08%) 2:18PM EDT - Nasdaq Real Time Price
Profile as of Jul 30, 2014Get Profile for:
PowerShares Senior Loan ETF

Phone: 800-983-0903
Fund Overview 
Category: Bank Loan
Fund Family: PowerShares
Net Assets:7.14B
Fund Inception Date:Mar 3, 2011
Legal Type:Exchange Traded Fund
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Morningstar Style Box 
Bank Loan
[View Category Definition]
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Fund Summary 
The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S&P/LSTA U.S. Leveraged Loan 100 Index (the "underlying index"). The fund generally will invest at least 80% of its net assets (plus any borrowings for investment purposes) in senior loans that comprise the underlying index. Banks and other lending institutions generally issue senior loans to corporations, partnerships or other entities ("borrowers"). These borrowers operate in a variety of industries and geographic regions, including foreign countries. It is non-diversified.

Fund Operations 
 BKLNCategory Avg
Annual Report Expense Ratio (net)0.65%N/A
Annual Holdings TurnoverNaNN/A
Total Net AssetsNaNN/A
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