BKLN - PowerShares Senior Loan ETF

NYSEArca - NYSEArca Delayed Price. Currency in USD
23.00
0.00 (0.00%)
At close: 4:00PM EDT
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Previous Close23.00
Open23.01
Bid0.00 x 46000
Ask0.00 x 3000
Day's Range23.00 - 23.01
52 Week Range22.96 - 23.32
Volume2,103,102
Avg. Volume4,055,101
Net Assets8.26B
NAV23.12
PE Ratio (TTM)N/A
Yield3.56%
YTD Return1.54%
Beta (3y)0.10
Expense Ratio (net)0.63%
Inception Date2011-03-03
Trade prices are not sourced from all markets
  • ETF Trends12 days ago

    Senior Loan ETFs: Rewards and Risks

    Due to their floating rate component, bank loans are seen as an attractive alternative to traditional high-yield corporate bonds in a rising rate environment. Bank loan securities allow their interest rate to shift, or float, along with the rest of the market, whereas a fixed interest rate stays constant until maturity. Investors, though, should not forget that senior bank loans are denoted high-yield because the issuing firms are highly leveraged, and highly leveraged companies are more at risk of default and bankruptcy.

  • Forbes14 days ago

    When The Best Fixed-Income Investment Is Floating-Rate Debt

    In this time of uncertainty surrounding the path of interest rates, floating rate bonds can be a good way to reduce benefit from interest rate hikes, without giving up much income today. Three-month LIBOR, the benchmark rate for most FRNs, is at 2.34%, which is high, by historical standards, versus other short-term rates like three-month T-Bills. You could buy bonds of individual companies, though you then need to do the credit work.

  • Morningstar16 days ago

    Senior Loan Funds' Low Interest-Rate Risk, Enticing Yields Come With Risks

    In today's rising-interest-rate environment, senior loan funds' low-interest-rate risk and enticing yields have made them alluring. Senior loans' yields go up in lock step with short-term interest rates, offering an effective duration hedge, but they come with significant credit risks, as most of these loans are issued by companies rated below investment grade. Since 2010, their credit risk has gradually crept up.

  • ETF Trends26 days ago

    Why Junk Bond ETFs Are Picking Up Again

    Speculative-grade corporate bonds and junk bond ETFs are picking up again, revealing the ongoing appetite for higher yielding bonds despite rising rate risks, large fund outflows and risk-off concerns. ...

  • TheStreet.com2 months ago

    3 'Non-Traditional' Higher-Yielding Securities to Consider

    Private market credit, peer-to-peer lending and senior loans have similar risk profiles to traditional fixed-income securities.

  • Barrons.com2 months ago

    The Unseen Dangers of Bank-Loan Funds

    The PowerShares Senior Loan Portfolio (BKLN), an exchange-traded fund, would seem to be ideal for investors worried about rising interest rates. Bank loans are adjustable-rate securities with coupons pegged to the London interbank offered rate, or Libor, a benchmark of short-term rates for loans maturing within one year. Libor rates have moved up as the Federal Reserve has raised short-term rates over the past year: One-month Libor is now about 1.7%, up from 0.8% a year ago. Part of the problem is that loan coupons don’t change until Libor surpasses certain levels, notes Peebles.

  • 5 ETFs to Boost Your Income
    InvestorPlace2 months ago

    5 ETFs to Boost Your Income

    Income. It’s what retirement is made of. And while the Federal Reserve has been dialing up interest rates, finding big income from traditional sources is still hard to come by. Money market funds, CDs and even 10-year Treasury bonds aren’t paying much of anything these days. For income-starved retirees, getting a paltry sub-2% isn’t going to cut it. Finding better income solutions is a paramount concern.

  • Trending: Return of Volatility Signals More Turbulence Ahead
    ETF Database3 months ago

    Trending: Return of Volatility Signals More Turbulence Ahead

    The intensity of recent volatility captured the top spot on the list as investors ponder a return to the markets. Technology stocks have recouped most of the losses from the start of the month, while the signed bill that grants a hike in military spending continued to drive interest towards the aerospace & defense sector. The recent sharp rise in government bond yields also caught attention as well as high-yield bonds, which trended thanks to a growing desire to diversify away from more volatile assets.

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  • Benzinga8 months 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 ...

  • ETF.com10 months ago

    Why Model ETF Portfolios Need Active Mgmt

    John Davi has a long track record of providing macro insights for major institutional money managers. He spent 18 years working for Morgan Stanley and Merrill Lynch. Now, he’s bringing his expertise to the ETF strategist space, opening this month Astoria Portfolio Advisors, looking to bring institutional-caliber investing strategies to retail and advisor clients.

  • Forbeslast year

    Is The Link Between High Yield Bonds And Oil Finally Broken?

    Over the past two months, high yield bonds have managed to disengage themselves from the daily volatility of the crude oil market. Whether this is good or bad going forward is the question.

  • Any dissent in today's Fed minutes could send stocks surging: NYSE trader
    Yahoo Finance Video7 months ago

    Any dissent in today's Fed minutes could send stocks surging: NYSE trader

    Keith Bliss of Cuttone and Company joins Yahoo Finance's Alexis Christoforous from the floor of the New York Stock Exchange to discuss the Federal Reserve release of the minutes of the last FOMC meeting.

  • Investors are NOT too optimistic right now: NYSE trader
    Yahoo Finance Video8 months ago

    Investors are NOT too optimistic right now: NYSE trader

    Alan Valdes, Director of Floor Operations at Silverbear Capital, joins Yahoo Finance's Alexis Christoforous from the floor of the New York Stock Exchange to discuss Q3 earnings and if investors have gotten too optimistic.