|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||87.29 - 87.69|
|52 Week Range||83.24 - 89.04|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.49%|
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.
This week's "ETF Focus" column pointed out that short-term high yield exchange-traded funds are actually yielding a little more than their broader market cousins (See, "For More Yield in ...
Some details on the TESLA bond issue and the week long process that got us here to help you make informed decisions. Price action was weak, but it was a difficult week for high yield and markets in general and many market participants had already left for the day.