 The
Senior Loan Invesco ETF is an exchange-traded fund that seeks to
provide investors with exposure to a diversified portfolio of senior
loans made to U.S. and non-U.S. borrowers. The fund is managed by
Invesco, a global investment management firm.
As of September
2021, the BKLN ETF had a net asset value of approximately $5 billion
and held over 400 individual loans. The fund's portfolio is
diversified across multiple sectors and regions, with a focus on
floating-rate loans made to non-investment grade borrowers. The fund's
top holdings include loans made to companies in the healthcare,
energy, and consumer sectors.
The BKLN ETF is designed to
provide investors with a way to potentially benefit from the higher
yields offered by senior loans while also providing protection against
rising interest rates. However, investors should be aware that
investing in senior loans carries its own set of risks, including
credit risk, liquidity risk, and interest rate risk.
The
expense ratio for the BKLN ETF is 0.65%, which is relatively low
compared to the expense ratios of other senior loan funds. This may
make the BKLN ETF an attractive option for investors seeking exposure
to a diversified portfolio of senior loans at a reasonable cost.
Overall, the Senior Loan Invesco ETF may be a suitable investment
for investors seeking exposure to senior loans made to U.S. and
non-U.S. borrowers. However, as with any investment, it is important
to conduct your own research and consider your investment goals and
risk tolerance before investing in the fund.
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