Invesco Senior Loan ETF (BKLN)
| Assets | $6.98B |
| Expense Ratio | 0.65% |
| PE Ratio | n/a |
| Shares Out | 334.90M |
| Dividend (ttm) | $1.65 |
| Dividend Yield | 7.88% |
| Ex-Dividend Date | Jun 23, 2025 |
| Payout Frequency | Monthly |
| Payout Ratio | n/a |
| Volume | 8,111,991 |
| Open | 20.98 |
| Previous Close | 20.95 |
| Day's Range | 20.94 - 20.98 |
| 52-Week Low | 20.02 |
| 52-Week High | 21.19 |
| Beta | 0.21 |
| Holdings | 191 |
| 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 |
|---|---|---|
| Jun 23, 2025 | $0.11617 | Jun 27, 2025 |
| May 19, 2025 | $0.1648 | May 23, 2025 |
| Apr 21, 2025 | $0.12493 | Apr 25, 2025 |
| Mar 24, 2025 | $0.10781 | Mar 28, 2025 |
| Feb 24, 2025 | $0.11158 | Feb 28, 2025 |
| Jan 21, 2025 | $0.1237 | Jan 24, 2025 |
Performance
BKLN had a total return of 7.52% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.70%.
News
Invesco's Danfield on Midyear Fixed Income Outlook
With the market roughly at the midpoint for 2025, investors and advisors are still assessing how changing macroeconomic conditions could affect their fixed income portfolio. This topic was discussed a...
BKLN: Not A Buy Ahead Of Likely Rate Cuts
BKLN remains a Hold as I anticipate imminent Fed rate cuts, which will likely reduce future income from floating-rate loans. Distributions have declined in line with expectations, reflecting the impac...
Most U.S. Treasury Prices Slide Since 'Liberation Day'
In recent days, a new headwind is weighing on fixed income securities: a US government budget bill, which is expected to significantly raise an already hefty federal deficit in the years ahead. Long-t...
BKLN: The Case For Leveraged Loans Today
Leveraged loans offer high yield, short duration, and better risk-adjusted returns compared to junk bonds, making them attractive in today's volatile interest rate environment. BKLN provides exposure ...
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...