Invesco Senior Loan ETF (BKLN)
| Assets | $8.70B |
| Expense Ratio | 0.65% |
| PE Ratio | n/a |
| Shares Out | 420.00M |
| Dividend (ttm) | $1.80 |
| Dividend Yield | 8.53% |
| Ex-Dividend Date | Nov 18, 2024 |
| Payout Ratio | n/a |
| 1-Year Return | +0.10% |
| Volume | 9,438,445 |
| Open | 21.09 |
| Previous Close | 21.08 |
| Day's Range | 21.06 - 21.09 |
| 52-Week Low | 20.61 |
| 52-Week High | 21.25 |
| Beta | 0.26 |
| Holdings | 175 |
| Inception Date | Mar 3, 2011 |
About BKLN
Fund Home PageThe Invesco Senior Loan ETF (BKLN) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of senior loans issued by banks to corporations. BKLN was launched on Mar 3, 2011 and is issued by Invesco.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 18, 2024 | $0.132 | n/a |
| Oct 21, 2024 | $0.165 | Oct 25, 2024 |
| Sep 23, 2024 | $0.170 | Sep 27, 2024 |
| Aug 19, 2024 | $0.163 | Aug 23, 2024 |
| Jul 22, 2024 | $0.153 | Jul 26, 2024 |
| Jun 24, 2024 | $0.144 | Jun 28, 2024 |
News
More Money Market Substitutes Taking Shape
Investors have been married to their money market funds for the better part of the last two years. But a recent poll from VettaFi's Q4 Fixed Income Symposium in October showed more market participants...
These 4 Invesco Fixed Income ETFs Seeing Strong Investor Interest
Investors are changing allocations to fixed income ETFs to capture the greatest yield with the most attractive risk. The beginning of a rate-cutting cycle has historically tended to signal an importan...
Millennial Investor? Don't Ignore the Power of Fixed Income ETFs
Getting started building a portfolio, or just looking to fine-tune your allocation? With the millennial generation between their late 20s and early 40s, they're in the prime age group to start taking ...
BKLN: Where Have All The Defaults Gone
The BKLN ETF has performed well with 4.1% returns in 6 months due to lower-than-expected loan defaults and low credit spreads. However, forward returns for BKLN are expected to trend lower as the Fede...
BKLN And Senior Loans: A Hold Due To Imminent Rate Cuts And Expenses
BKLN is the largest senior loan ETF in the market. Although it has outperformed these past few years, coming rate cuts are a significant headwind. BKLN's 0.65% expense ratio is higher than average, an...
BKLN: A Near-9% Yield As We Await The Fed's Decision
The Invesco Senior Loan ETF is a risky but potentially high-reward proposition for investors expecting interest rate cuts but don't want to bet on when they'll start. BKLN primarily contains junk debt...
3 Reasons To Pick High-Yield Bonds And Loans Over Equities
Federal Reserve hikes have led to sharply higher rates across fixed-income asset classes. High-yield bonds and senior loans offer particularly attractive yields, in the 7.5% - 10.5% range. Yields are ...
U.S. Weekly FundFlows Insight Report: Fund Market Sees First Weekly Inflow In Three, Adding $5.5 Billion
Last week, the fund market saw an astonishing $143.5 billion in outflows - the largest weekly outflow since the week ending September 16, 2009.
BKLN May Deliver Sub-Par Returns In 2024
The Invesco Senior Loan ETF is a passive investment vehicle giving exposure to leveraged loans. The BKLN ETF has returned a handsome 9% total return since June despite rising defaults as credit spread...
Senior Loans And BKLN: Still A Buy Even If The Fed Cuts
Senior loans have the highest yields in the fixed income space right now. Yields will decline as the Fed cuts rates, but seem likely to remain competitive for several years regardless. BKLN is the lar...
Most Undervalued Asset Classes, Equity Industries, Segments, And Regions - 2024
Undervalued industries, regions, and equity market segments offer investors the potential for strong, market-beating returns. There are ETFs tracking most of these. An overview of these follows.
BKLN: Good Place To Park Your Cash In The Short Term
Invesco Senior Loan ETF is a high-yield fund that aims to generate income while maintaining share price stability. Senior loans have priority in repayment and are backed by tangible assets, making the...
BKLN: Keep On A Watchlist But Avoid For Now
The Fed's indication of a potential credit event may lead to widening credit spreads, making the Invesco Senior Loan ETF attractive for investors. The ETF offers a compelling yield of 8.38% and protec...
Senior Loans Or CLO Debt, Which Is Best For Income Investors And Retirees?
Federal Reserve hikes have led to strong dividend growth in most variable rate securities and funds. Two of these are senior loans and CLO debt tranches. A look at the similarities, and differences, b...
U.S. Weekly FundFlows Insight Report: Hawkish Fed Comments Pushed ETF And Conventional Fund Investors To The Sidelines During The Fund Flows Week
Investors were net sellers of fund assets (including those of conventional funds and ETFs) for the first week in four, withdrawing a net $16.8 billion. Equity ETFs witnessed net outflows for the secon...
Bank Loans And Junk Bonds Are Having A Good Year
Fixed-income investors looking for interest rate cuts from the Federal Reserve are still waiting, but that hasn't stopped low-rated bonds from posting strong gains in 2023. Bond investors hoping for e...
Senior Loans (BKLN) Vs. High-Yield Corporate Bonds (HYG), Which Is Best For Income Investors And Retirees?
Higher interest rates have led to higher yields on most bonds and bond funds. Senior loans and high-yield corporate bonds both offer investors particularly strong, growing dividends. A comparison of t...
3 Closed-End Fund Buys In The Month Of May 2023
BANX has bounced back after being sold off during the banking crisis, with its NAV increasing by 2.62% in April. ETW offers a more defensive approach with a call-writing strategy and global exposure, ...
BKLN: Leveraged Loan Defaults Rising; Caution Warranted
The leveraged loan market has seen a deterioration in credit quality, with an increase in the number of issuers rated B and CCC since the COVID-19 pandemic. Rising short-term interest rates may lead t...
BKLN: Risks Skewed To The Downside
The BKLN ETF gives investors a convenient way to invest in a basket of floating-rate senior loans. BKLN pays an attractive 6.0% trailing distribution yield.
BKLN ETF: High Income And Diversifier, But Avoid Due To SVB Financial Contagion Risks
Senior loans are attractive when compared to same-duration bonds while insulating better against stock market volatility in a period of rising rates. Additionally, Invesco Senior Loan ETF BKLN provide...
Closed-End Funds: Misclassifications Can Lead To Misunderstanding
Data aggregator websites such as Morningstar or CEFData are merely places to get initial ideas. With CEFs that can get rather niche and are actively managed, it becomes even more imperative as things ...
BKLN: Enjoy The Growing Yield While You Wait For A Better Entry Point
Senior loans are, thanks to their floating rates and short duration, the best performing bond category this year. They now face a double challenge: high inflation (and hence high interest costs) and a...
Senior loan ETFs are seeing strong inflows as investors search for yield
Clients who are seeking yield and worried about inflation are moving into senior bank loan ETFs and other short-term bond duration funds, says Invesco's Paglia.