BKLN - Invesco Senior Loan ETF

NYSEArca - NYSEArca Delayed Price. Currency in USD
22.55
+0.02 (+0.09%)
At close: 4:00PM EST
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Previous Close22.53
Open22.53
Bid21.01 x 800
Ask22.60 x 45100
Day's Range22.53 - 22.58
52 Week Range21.59 - 23.27
Volume5,894,657
Avg. Volume11,066,677
Net Assets5.43B
NAV21.97
PE Ratio (TTM)N/A
Yield4.48%
YTD Return-1.31%
Beta (3Y Monthly)-0.16
Expense Ratio (net)0.63%
Inception Date2011-03-03
Trade prices are not sourced from all markets
  • ETF Trends12 days ago

    An ETF to Take Advantage of Weakness in High Yield Bonds

    As stocks continue to build forward momentum after a tumultuous December, it's been high-yield bonds going the opposite direction with the ICE BofAML US High Yield Master II Total Return Index resuming its downward trajectory. Investors looking to capitalize on the weakness in high yield can look to the ProShares Short High Yield (SJB) . With respect to their 200-day moving averages, SJB is tracking above this level while high-yield bond ETFs like the SPDR Bloomberg Barclays High Yield Bond ETF (JNK),  iShares iBoxx $ High Yield Corp Bd ETF (HYG) and the Invesco Senior Loan ETF (BKLN)  are languishing in the current risk-off environment.

  • ETF Trends2 months ago

    Investors Get Testy With Bond Funds

    Amid fears of rising Treasury yields, some investors pulled money from fixed income funds for the week ended Nov. 1, but some exchange traded funds focusing on bonds managed to see healthy inflows. “Investors ...

  • Benzinga3 months ago

    What To Expect From Leveraged Loan ETFs As Rates Rise

    Leveraged loans, also known as senior loans, are embraced by bond investors as interest rates rise due in large part to the floating component sported by these bonds, which helps mitigate sensitivity to higher interest rates. BKLN tracks the S&P/LSTA U.S. Leveraged Loan 100 Index and is the largest ETF dedicated to leveraged loans. Year-to-date, BKLN has traded modestly lower, incurring losses that are significantly lower than those of more traditional, longer-dated bond ETFs.

  • Trending: Chinese Stocks at Four-Year Lows Amid Fears of Deepening Trade Spat
    ETF Database3 months ago

    Trending: Chinese Stocks at Four-Year Lows Amid Fears of Deepening Trade Spat

    The constant strain of the Sino-U.S. trade relationship brought Chinese stocks to their knees in 2018 – the latest wave of selling sending mainland Shanghai Composite Index to levels not seen since November 2014. Volatility-tied products are under pressure again as wild price swings have returned to the markets. U.S. homebuilders are going through rough times with disappointing numbers in building permits and housing starts. Rising funding costs are a major problem for indebted corporations, especially as U.S. companies' debt load reached record levels of $6.3 trillion. Closing the list, FAANGs have a wall of worries to climb with Netflix hoping to lead the way up with surging revenue and subscriber adds. Check out our previous Trends edition at Major Stock Indices Feel The Pain of Multi-Year High Rates.

  • ETF Trends3 months ago

    Senior Loan ETFs Bolstered by Solid Economic Numbers

    High yields and floating rates are among the factors drawing investors to senior loans and related exchange traded funds, such as the PowerShares Senior Loan Portfolio (NYSEArca: BKLN). Strong domestic ...

  • ETF Trends4 months ago

    6 Fixed-Income ETFs to Take Advantage of Fed’s Latest Rate Hike

    Federal Reserve Chairman Jerome Powell confirmed the overall market consensus on Wednesday that interest rates would rise with the announcement that the federal funds rate would elevate by 25 basis points to 2.25. In the bond markets, activity for high-yield, senior loan and floating rate-focused ETFs ticked higher as investors scrambled to position their portfolios to take advantage of the higher interest rates. "In fixed income, high-yield (which has been quiet of late) saw some increased activity and was mostly better for sale," noted Brian Gilman of ETF Sales & Trading at Virtu Financial.

  • ETF Trends4 months ago

    Emerging Technologies Set to Change the Fixed-Income Market

    As the stock market continues to make record highs, the infusion of robotics and artificial intelligence in the bond market is giving the fixed-income space its own renaissance as more emerging technologies are changing the landscape of the industry. A recent Forbes article highlighted the bout of changes happening in the fixed-income arena, such as more reliance on machine learning, automation and algorithms. Adopting this technology can allow for better liquidity and enhanced speed when it comes to identifying trends within the bond market.

  • ETF Trends5 months ago

    Investigating Senior Loan ETFs

    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 ...

  • ETF Trends6 months ago

    Sink Into Senior Loans With This ETF

    Senior loans can be attractive options for fixed income investors looking for the combination of solid yields and some protection against rising rates. Among exchange traded funds, the Invesco Senior Loan ...

  • Investopedia6 months ago

    Billionaire Jeffrey Gundlach’s Recession Portfolio

    To prepare well in advance, Gundlach, CEO of DoubleLine Capital, has adjusted his portfolio with some of his favorite picks: Invesco Senior Loan, SPDR S&P Oil & Gas Exploration & Production, iShares MSCI Brazil, Tortoise MLP and Wisdom Tree Japan Hedged Equity.

  • ETF Trends7 months ago

    Senior Loan ETF Utilizes Leveraged Loans for Solid Returns

    When a business is in a credit crunch, a leveraged loan could provide it with the necessary capital injection to buoy its operation. This is the fixed income space in which  Invesco Senior Loan ETF (BKLN) manages to earn solid returns. BKLN is based on the S&P/LSTA U.S. Leveraged Loan 100 Index where 80 percent of its total assets are focused in component securities that comprise the Index.

  • ETF Trends7 months ago

    3 Fixed Income ETFs to Watch in 2nd Half of 2018

    As government debt yields continue to slide amid trade concerns in the first half of 2018, more investors are willing to accept more risk in order to achieve higher yields in the fixed income space. “One ...

  • ETF Trends7 months ago

    Interest in Senior Bank Loan ETF Picks Up

    In a rising interest rate environment, hedging investors are looking to move capital into fixed income ETFs that react in conjunction with interest rates, such as the  Invesco Senior Loan ETF (BKLN) , which is garnering interest as of late. BKLN's current average volume is 4.2 million, but that has almost doubled recently. Performance has been solid with BKLN up 1.34% year-to-date, up 2.25% for the year and up 2.42% the past three years.

  • ETF Trends8 months 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.

  • Morningstar8 months 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 Trends9 months 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.com10 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.

  • 5 ETFs to Boost Your Income
    InvestorPlace10 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 Database11 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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