BKLN - PowerShares Senior Loan ETF

NYSEArca - NYSEArca Delayed Price. Currency in USD
23.21
-0.04 (-0.17%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close23.25
Open23.22
Bid23.03 x 600
Ask23.29 x 5000
Day's Range23.21 - 23.24
52 Week Range22.96 - 23.46
Volume3,162,487
Avg. Volume2,845,153
Net Assets8.73B
NAV23.12
PE Ratio (TTM)N/A
Yield3.56%
YTD Return1.72%
Beta (3y)0.06
Expense Ratio (net)0.64%
Inception Date2011-03-03
Trade prices are not sourced from all markets
  • Any dissent in today's Fed minutes could send stocks surging: NYSE trader
    Yahoo Finance Video9 days 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 Video10 days 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.

  • Barrons.com11 days ago

    Nice Analogy for Potential Problem With Passive ETFs

    Nat Beebe, a portfolio manager at Ulland Investment Advisors, which specializes in preferred securities, has a short but sweet analogy for why he thinks investors should be careful buying exchange-traded ...

  • Barrons.com20 days ago

    [$$] Beware the Risks of Floating-Rate Funds

    Words are powerful, and for investors seeking income, the words “floating rate” are particularly alluring these days. The Federal Reserve is likely to raise interest rates again in December, and rates globally have risen sharply in just the past week. A wide array of floating-rate securities trade today, and the holdings of mutual funds with “floating rate” in their name vary widely.

  • Benzingalast month

    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.comlast month

    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.com2 months ago

    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.

  • Barrons.com3 months ago

    BlackRock Recommends Bank Loans, But Highlights Risks

    BlackRock doesn't seem to see a lot of great options for fixed income investors. Case in point: In this month's fixed income strategy BlackRock's Jeffrey Rosenberg recommends floating rate bank loans while also warning of risks. Given the risk of rising rates, floating rate securities make the most sense.

  • ETF.com3 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.

  • Forbes5 months ago

    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.

  • Why Bank Loan ETFs Offer Yield Opportunity
    ETF.com5 months ago

    Why Bank Loan ETFs Offer Yield Opportunity

    This article is part of a regular series of thought leadership pieces from some of the more influential ETF strategists in the money management industry. Today’s article features Gary Stringer, president and chief investment officer of Memphis, Tennessee-based Stringer Asser Management. We think bank loan ETFs offer an attractive risk/reward profile in this challenging fixed-income environment.

  • Marketwired6 months ago

    REMINDER: Exchange-Traded Funds (ETFs) Presenting at Capital Link's 16th Annual Closed-End Funds & Global ETFs Forum Thursday, April 27, 2017 - The Metropolitan Club, New York City

    Capital Link's 16th Annual Closed-Ends Funds & Global ETFs Forum will take place on Thursday, April 27, 2017 at the Metropolitan Club in New York City.

  • Market Realist6 months ago

    Bill Gross and High-Yield Bonds: Priced for Too Much Growth

    Investors generally invest in high-yield bonds (BND) when there are expectations for higher growth in the economy.

  • Marketwired6 months ago

    Exchange-Traded Funds (ETFs) Presenting at Capital Link's 16th Annual Closed-End Funds & Global ETFs Forum Thursday, April 27, 2017 - the Metropolitan Club, New York City

    Capital Link's 16th Annual Closed-Ends Funds & Global ETFs Forum will take place on Thursday, April 27, 2017 at the Metropolitan Club in New York City.

  • Market Realist6 months ago

    Why High-Yield Bonds Are Needed in a Portfolio

    AB Summing It Up High-yield bonds present an alternative for investors at an uncertain crossroads. Equity valuations seem attractive based on some measures, but volatility has led many investors to…

  • Market Realist6 months ago

    What Role Do High Yield Bonds Play in a Portfolio?

    AB High Yield in the Portfolio Framework Given their higher risk levels, we’d expect that stocks would continue to outperform high yield over the long run. However, high-yield bonds have…

  • Market Realist6 months ago

    How Portfolio Rebalancing Boosts Overall Returns

    AB Rebalancing in the Tails Because stocks have been so much more volatile than high yield, periodic portfolio rebalancing tends to occur during performance extremes—the “tails” in return distributions—when ...

  • Morningstar7 months ago

    Model ETF Portfolios Get a Fixed-Income Overhaul

    Impending changes at PIMCO Total Return ETF prompt changes in these portfolios' bond stakes.

  • Benzinga7 months ago

    A Cautionary Tale On Bank Loan ETFs

    U.S. interest rates are moving higher, but investors are still searching for income-generating assets. A popular avenue for income investors looking to cope with rising rates has been bank loans or senior ...

  • Morningstar7 months ago

    This Fund's Juicy Yield Comes With Strings Attached

    While it offers an attractive yield and limited interest-rate risk, this senior-loan ETF exposes investors to considerable credit and liquidity risk.

  • Morningstar7 months ago

    Are Interval Funds the Next Big Thing?

    Close cousins of CEFs, interval funds offer a unique set of pros and cons.