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PowerShares Senior Loan ETF (BKLN)

NYSEArca - NYSEArca Delayed Price. Currency in USD
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23.07-0.03 (-0.13%)
At close: 4:00PM EDT
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Previous Close23.10
Open23.10
Bid0.00 x 0
Ask0.00 x 0
Day's Range23.07 - 23.10
52 Week Range22.96 - 23.46
Volume2,192,540
Avg. Volume3,104,100
Net Assets8.86B
NAV23.13
PE Ratio (TTM)N/A
Yield3.64%
YTD Return1.33%
Beta (3y)0.10
Expense Ratio (net)0.64%
Inception Date2011-03-03
Trade prices are not sourced from all markets
  • Benzinga10 days ago

    Renewed Enthusiasm For Bank Loan ETFs

    With investors continuing their search for income and yield, bank loan or senior loan exchange-traded funds are seeing some renewed interest. The largest bank loan ETF is the PowerShares Senior Loan Portfolio ...

  • Barrons.com11 days ago

    Sell Loan ETF, Buy Junk: Strategist Tchir

    Income-oriented investors should sell the PowerShares Senior Loan Portfolio exchange-traded fund (BKLN) and buy high-yield bonds or funds, says Brean Capital macro strategist Peter Tchir. In a follow-up to his previous recommendation to get out of the popular loan ETF or even short it, Tchir Tuesday expanded on why he prefers junk bonds to more conservative bank loans: "The Floating Rate element seems less valuable as the pace of Fed rate hikes slows significantly, if not coming to a complete standstill. "The seniority of being senior secured is less appealing here.

  • Barrons.comlast month

    Time to Short BKLN?

    Peter Tchir, Brean Capital’s macro income strategist, has an idea for investors looking for a ways to hedge credit risk: Short the popuar exchange traded fund PowerShares Senior Loan ETF (BKLN). There are lots of reasons this makes sense. Some are fundamental. BKLN, which owns leveraged loans, also known as bank loans, hasn’t slid in price, while high yield funds have.