Invesco Senior Loan ETF
BKLN
Market cap $7.08B

21.13 USD

+0.02

0.09%

At close Oct 11, 4:00 PM EDT

After hours

21.13

+0.00

0.00%

1 day

0.09%

5 days

0.43%

1 month

0.28%

3 months

-0.05%

6 months

0.09%

Year to date

-0.19%

1 year

0.67%

5 years

-5.63%

0

Funds holding %

of 6,740 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

46% more repeat investments, than reductions

Existing positions increased: 222 | Existing positions reduced: 152

33% more first-time investments, than exits

New positions opened: 73 | Existing positions closed: 55

4% more funds holding

Funds holding: 490 [Q1] → 508 (+18) [Q2]

4% more capital invested

Capital invested by funds: $6.82B [Q1] → $7.09B (+$265M) [Q2]

4% less funds holding in top 10

Funds holding in top 10: 46 [Q1] → 44 (-2) [Q2]

7.82% less ownership

Funds ownership: 94.69% [Q1] → 86.87% (-7.82%) [Q2]

100% less call options, than puts

Call options by funds: $419K | Put options by funds: $134M

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Research analyst outlook

We haven’t received any recent analyst ratings for BKLN.

See Analyst Rankings

Financial journalist opinion

Based on 3 articles about BKLN published over the past 30 days

Zacks Investment Research

Will the Fed Opt for a Hefty Rate Cut? ETF Strategies to Follow

An upbeat job market and moderately cooling inflation may prevent the Fed from opting for significant rate cuts in the near future.

Will the Fed Opt for a Hefty Rate Cut? ETF Strategies to Follow

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 investing more seriously.

Millennial Investor? Don't Ignore the Power of Fixed Income ETFs

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 Federal Reserve cuts short-term interest rates, impacting leveraged loan yields. With expected forward returns of ~6%, I am maintaining my hold rating at this time.

BKLN: Where Have All The Defaults Gone

Can ETFs Capture Private Equity Markets?

The world's largest asset managers are scrambling to devise new ways to package private investment opportunities into a passive ETF wrapper. Private assets are the fastest-growing market in the financial world — but could also prove the most challenging field for ETF providers to penetrate.

Can ETFs Capture Private Equity Markets?

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, and a significant long-term negative.

BKLN And Senior Loans: A Hold Due To Imminent Rate Cuts And Expenses

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, and that's the biggest risk if higher-for-longer goes on indefinitely. This ETF offers a risky but attractive near-9% yield for 'waiting out the Fed', in a manner of speaking. Risk is high, but it's a Buy.

BKLN: A Near-9% Yield As We Await The Fed's Decision

The ETF Flowdown: Q2 2024

Markets steadily march on to record highs, as Q2 2024 wraps up. Many patterns that emerged earlier in the year once again prevailed through the fog of geopolitical and rate uncertainty.

The ETF Flowdown: Q2 2024

Business of Bonds: Senior Loan ETFs Take the Spotlight

The Federal Reserve continues to hold fast to its highly data-driven, wait-and-see approach on rate policy. Last week's FOMC meeting further bolstered the market's belief in a lone rate-cut scenario, and senior loan ETFs have gained traction as elevated rate expectations spill over into the second half of the year.

Business of Bonds: Senior Loan ETFs Take the Spotlight

Zacks Investment Research

Rates to Stay Higher for Longer? ETF Strategies to Play

The Fed's Neel Kashkari believes that it's likely that the Fed will cut interest rates once in 2024, possibly in December.

Rates to Stay Higher for Longer? ETF Strategies to Play

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 much higher than in the past, and when compared to equities.

3 Reasons To Pick High-Yield Bonds And Loans Over Equities

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