Invesco Senior Loan ETFInvesco Senior Loan ETFInvesco Senior Loan ETF

Invesco Senior Loan ETF

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Key stats


Assets under management (AUM)
‪6.70 B‬USD
Fund flows (1Y)
‪−1.15 B‬USD
Dividend yield (indicated)
8.06%
Discount/Premium to NAV
−0.2%
Shares outstanding
‪322.30 M‬
Expense ratio
0.65%

About Invesco Senior Loan ETF


Brand
Invesco
Home page
Inception date
Mar 3, 2011
Structure
Open-Ended Fund
Index tracked
Morningstar LSTA US Leveraged Loan 100
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
BKLN offers higher yield with less interest rate risk but significantly higher credit risk. The index tracks the 100 largest bank loan facilities floating-rate, high-yield senior debt issued by banks to companies. Bank loans offer relative safety from interest rate risk because the coupons are reset periodically, but they do take significant credit risk. In fact, the bulk of BKLN`s portfolio is below investment grade and debt from firms in bankruptcy is not ruled out either. While the floating rate feature greatly reduces sensitivity to changes in interest rates, it doesn`t eliminate it. A spike in interest rates makes it harder for issuers to service their debt, potentially raising default risk. The index is rebalanced and reconstituted semi-annually. Prior to August 29, 2022 the fund tracked the S&P/LSTA U.S. Leveraged Loan 100 Index.

Classification


Asset Class
Fixed income
Category
Corporate, bank loans
Focus
High yield
Niche
Floating rate
Strategy
Vanilla
Geography
U.S.
Weighting scheme
Market value
Selection criteria
Market value
What's in the fund
Exposure type
Bonds, Cash & Other
Loans
Mutual fund
Stock breakdown by region
89%10%
Top 10 holdings

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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to BKLN via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
BKLN trades at 20.83 USD today, its price has risen 0.10% in the past 24 hours. Track more dynamics on BKLN price chart.
BKLN net asset value is 20.84 today — it's risen 1.28% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
BKLN assets under management is ‪6.70 B‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
BKLN price has risen by 0.43% over the last month, and its yearly performance shows a −1.23% decrease. See more dynamics on BKLN price chart.
NAV returns, another gauge of an ETF dynamics, showed a 1.27% increase in three-month performance and has increased by 6.98% in a year.
BKLN fund flows account for ‪−1.14 B‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
BKLN invests in funds. See more details in our Analysis section.
BKLN expense ratio is 0.65%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, BKLN isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, BKLN technical analysis shows the neutral rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating BKLN shows the sell signal. See more of BKLN technicals for a more comprehensive analysis.
Yes, BKLN pays dividends to its holders with the dividend yield of 8.06%.
BKLN trades at a premium (0.10%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
BKLN shares are issued by Invesco Ltd.
BKLN follows the Morningstar LSTA US Leveraged Loan 100. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Mar 3, 2011.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.